Chapter 119

James Robinson hesitated when he heard Noah Scott's question.

Simon westero's previous stock index futures operation, a success may not be much, two times in a row can also be said to be luck, but three times in a row, enough to prove that the young man must have relied on.

In this case, if Lehman follows suit, it will definitely get unexpected results. As the CEO of American Express, the parent company of Lehman Brothers, James Robinson has no lack of risk-taking spirit.

However, this kind of behavior is obviously the most standard insider trading.

American Express bought Lehman Brothers three years ago to set foot in the long planned investment banking field.

Next, if we really follow suit, once it comes to light, Lehman Brothers will definitely be investigated by the SEC (Federal Exchange Commission), and the company's customers will also be lost.

Most importantly, other Wall Street investment banks will never miss the opportunity to drive American Express, a potentially powerful rival, out of the investment banking sector.

However.

In just three and a half months, the principal of 75 million US dollars and the net profit of more than 200 million US dollars are irresistible.

As a global financial and travel service company, American Express, with a market value of more than 13 billion US dollars and more than 50000 employees, only made a net profit of more than 180 million US dollars in the second quarter of 1987.

It is obvious that a young man less than 20 years old has been operating in the stock index futures market for more than three months, and the income has exceeded the quarterly profit of a giant enterprise such as American Express in the same period.

repeatedly weighed for a few minutes, but James Robinson still failed to resist the temptation of profiteering. He clapped his hands on Sredne Weiss Tero's transaction record and said to Scott and his son: "I will discuss with the board of directors Paul on the weekend, and try to mobilize a sum of money before next Monday. Neil, you're in charge of this. Noah is in charge. You two will report directly to me. Remember, be careful. You should all be aware of the consequences of this disclosure. "

……

Los Angeles.

In palisade's mansion, Simon hangs up Noah Scott's phone and leans thoughtfully on a leather chair.

Janet had just been sitting on the wide desk in front of Simon, holding several papers from Noah Scott, and looking through them with interest.

Seeing Simon hang up the phone, Janet leaned over and nodded on Simon's leg and said, "little bastard, I believe it won't take you many years to realize those three wishes."

Before he got together, his thoughts were interrupted. Simon just laughed and pressed the woman's foot on her leg, scratched her foot and said, "didn't you believe it before?"

Janet took her feet back with a smile and said, "of course I believe it. It's just, I didn't expect you to make so much money. Our family, starting from my great grandfather, has accumulated only 2 billion dollars in more than 100 years. "

"But I certainly can't push the federal government to abolish the estate tax, so your family is better," Simon said

When Simon and Janet's love affair came to light in the first half of the year, there was a report in the newspaper that the Johnston family promoted the abolition of estate tax in Australia. It can affect the fundamental tax system of a country, which really shows the profound foundation of a family.

Now, although he has a fortune of hundreds of millions of dollars, once Simon's wealth is exposed, he may be just a "fat sheep" in the eyes of many people.

Simon is also very clear about this.

As a reborn person, it is not too difficult to accumulate wealth.

The simplest way is that the market value of Microsoft is only about 1 billion US dollars. Simon took out $200000 to buy Microsoft stock and held it until 2000. He sold it at the highest point of Microsoft's $600 billion market value and immediately became a billionaire.

20 million dollars, the housing bubble in North America is still at its peak. Now many middle-class families can probably raise their property by selling their property. But it's absolutely impossible for them to know that this money can make them a billionaire in more than a decade.

But Simon knows.

However, if only seizing wealth, even if Simon earns $100 billion, if he lacks the social influence that matches this wealth, he will only be a "fat sheep" of $100 billion in the end.

Therefore, Simon is not too complacent about the huge amount of money he made from the stock index futures market.

Just to get rid of the "fat sheep" state, he still has a long way to go.

Janet saw Simon silent and waited patiently for a moment, then scratched the man's leg with her foot: "what are you thinking?"

Simon said, "fat sheep."

"Ha ha," Jeanette laughed and said, "do you feel it?"Simon wondered, "what?"

"Noah," Janet said with a wink, "he's so attentive today. Obviously there's something wrong with him."

Simon heard Janet's reminder, and then he caught some thoughts in his mind just after he hung up the phone. He immediately laughed and said, "three times in a row, 75 million dollars has gone up to 278.56 million. If Lehman Brothers can not follow up, Wall Street will not be wall street."

"What are you going to do?" Janet asked

"As long as the operation of Lehman Brothers doesn't affect our interests, it's OK for them to make some money," Simon said, shaking his head and saying, "but it seems unlikely."

With the support of American Express, if Lehman Brothers follows up, the amount of capital will definitely exceed the principal of less than $300 million in the account of Westeros.

If it has been the current long-term operation, maybe it is nothing, and it will be followed up. But with the stock market crash at the end of October, things must be different.

In Simon's memory, in the 1987 crash, the U.S. government's rescue measures were very timely and effective, and it took only one week for the North American stock market to stabilize. What's more, the bottom of the S & P 500 index around 200 is even shorter.

Westero plans to lay out the last short contract, only in the bottom of 200 points to close positions in order to get the maximum benefits. However, the throughput of single day contract in stock index futures market is limited after all.

At that time, if Lehman Brothers also established a large number of short positions, they will definitely take the lead in arranging their own contracts to close out their positions.

Janet watched Simon fall into thought again, without interrupting.

After thinking about it for a while, Simon said, "don't care about it. Let's wait until vulgar novel is finished."

In the plan, "vulgar novel" will be finished in mid September, and Simon has half a month to run.

What's more, the movie is the most important thing for Simon.

To accumulate a lot of wealth, Simon must have considerable power if he wants to not be regarded as a "fat sheep".

Hollywood is exactly the foundation of Simon's choice of power. If the film industry base with world-class influence can be included step by step, plus the huge wealth accumulated by itself, Simon can really get rid of his "fat sheep" status.

When Janet heard Simon say this, she was puzzled: "we can withdraw all the money from the futures account. At that time, Noah can find a corner to get rid of his tears."

"No way," Simon shook his head and said with a smile, "to do so now is to tell them that we are going to change a futures broker. Wall Street is so big. Do you think Lehman Brothers can't find out where we open an account? "

Janet thought about it, but said, "it's like, it's true."

……

Unconsciously, another weekend passed quickly.

In a twinkling of an eye, it's September.

Over the weekend, under the personal arrangement of American Express CEO James Robinson, Lehman Brothers raised $500 million at one time, intending to secretly follow the operation of Westeros.

However, to Noah Scott's surprise, compared with the previous three heavy positions, Simon only successively asked him to establish 6000 short contracts between 337:00 and 330:00 in the new week, which was in December.

It was Noah Scott's expectation that Bulls would turn to bears.

However, the short position of 6000 contracts only takes up 30% of the funds in the account of Westeros, which is far lower than the 80% heavy position shareholding ratio that has been maintained before. Several persons in charge who originally mobilized a lot of funds and wanted to follow Simon to operate commercial insurance at one time were completely confused.

30% position ratio is a very conservative long-term position strategy.

At this time, the whole wall street knows that after five years of bull market, the North American stock market will inevitably turn into a downward state. Therefore, the position of westero company at this time is very similar to the ending behavior of fishing as much soup as you can after eating and drinking enough.

Is that right.

I'm just about to enter, and the feast is over?

If we can't get huge profits in a short time, we can't keep 500 million dollars in a futures account for a long time.

Even, Noah Scott once doubted whether his secret operation was detected by Simon, and the other party would do so. But that doesn't make sense. If the other party detects that Lehman intends to follow suit, it will definitely change its broker.

There's no reason to keep the money you can make and not make it.

In this hesitation, the North American stock market turned sharply before the end of the first week of September. In the following week, the S & P 500 index dived all the way from above 330 to around 310.

It's still a 20 point drop.

The contract multiplier is $500, and the profit and loss of a single contract is $10000.As a result, in just one week, the book profit of 6 000 short contracts of Westeros exceeded 60 million US dollars.

However, the book profit in the account of Lehman Brothers is more abundant. Noah Scott built his position according to twice the size of Westeros. After Simon stopped building positions, he couldn't help buying another 3000 contracts, which brought the short contract position in Lehman's account to 15000.

In just one week, the book profit in Lehman's account exceeded $150 million.

This time, however, Simon did not give a sell order.

Compared with Simon's steadiness, Scott and his son, who were in charge of the operation, could not calm down.

A profit of 150 million US dollars, which is almost equivalent to the quarterly profit of the whole express company. Moreover, most importantly, as the direct project leader and operator, such a profit also means that they will get a huge year-end bonus.

Moreover, if the S & P 500 index keeps going down, it will be OK, but as the third Thursday in September, the final delivery day, approaches, the S & P 500 index, which had fallen sharply, will start to pull up again.

The 15000 contracts held by Lehman Brothers mean that every rise or fall in the S & P 500 index represents a profit or loss of $7.5 million.

As a result, the S & P 500 index began to pick up from 310 points, and watched every "7.5 million dollars" disappear. When the S & P 500 index rose back to 320 points, Simon still didn't give any trading orders, including James Robinson, CEO of American Express, who knew that all senior executives of American Express could no longer calm down, and Noah Scott finally began to sell .

But the S & P 500 is still rising.

By the time Lehman had rushed through 15000 contracts, the S & P 500 was back at 326. With a profit of more than 150 million US dollars, the last profit of Lehman Brothers was only 56 million US dollars.

56 million US dollars, which is obviously a very considerable profit. However, compared with the initial book profit of 150 million US dollars, it has shrunk too much after all.

Then, the development of things once again beyond the expectations of the company.

On September 17, the third delivery day of stock index futures in 1987, the S & P 500 index soared to 328, then it did not continue to rise, but began to fall again.

In just three days, like a roller coaster, the S & P 500 index fell from 328 to 313 again.

At this time, vistrow's account is still a mountain of 6000 contracts, the cumulative book profit, once again close to 60 million dollars.

In the face of this situation, Noah Scott, Nelson Scott and even James Robinson have completely felt at a loss.

What happened?

Did that kid do it on purpose?

What will he do next?

Do you want to follow up now?

Los Angeles.

Different from the roller coaster mood of Noah Scott and others, Simon, who had expected the violent fluctuation in September, basically devoted himself to the last shooting of vulgar novel except to read some index rise and fall reports sent back from Chicago every day.

Finally, September 19, Saturday.

With only the last few scenes left, the crew chose to work overtime at the weekend. Then, that afternoon, Simon's second film, directed after returning to this era, was officially released.