After all the oil futures contracts were closed this time, Bao Zixuan could not calm down for a long time when he saw the report in his hand. No wonder some local tyrants in the Middle East will be so arrogant in later generations, and the life of Wall Street financial tycoons will be so wonderful. This time alone, the profit is more than the total profit of all the products sold before.
And you can also use leverage to allocate capital, which is a typical representative of small bets. In fact, there are many people who have lost their share in the futures market. Although Bao Zixuan does not understand, he knows the general context of history. Know when the highest price is, and exit more than half a year earlier. This makes many institutions think that they are speculative institutions that make quick money, but they do not take it seriously.
In the conference room of the Blackstone Fund, Clay Clark was reporting the oil futures earnings to Bao Zixuan.
Clay-Clark said: "Boss, and colleagues sitting here. Our Blackstone Fund took a total of 166 days for this oil futures, spent 500 million US dollars, and applied ten times leverage to allocate funds."
"When we bought crude oil futures, the price was $13/barrel, and the average price when we closed the position was $28.3/barrel. We made a total profit of $5.8 billion, which is a big win. After deducting our fees and capital allocation We actually earned $5.28 billion on expenses."
After Clay-Clark finished speaking, there were cheers and applause in the conference room, and everyone was so excited. On the contrary, Bao Zixuan is very calm, this is not the ultimate benefit, they have to deduct about 35%-40% of the tax. This is why many American companies are doing everything possible to reasonably avoid taxes. The United States is so taxing on high-income earners that many American companies have their parent companies registered on islands that are tax havens.
But Bao Zixuan didn't do this, he doesn't have any foundation now. If you are doing tax evasion, it will be very troublesome after being discovered. It makes people feel a little rich and unkind, after all, Heiyun is developing very well now, and he doesn't want to leave any stains.
Fortunately, there is no inheritance tax in Xiangjiang, or else we really have to set up a family trust fund. The wealthy people in the United States continue their family wealth by establishing family trust funds. Otherwise, it is estimated that there will be nothing left if it is passed down to the Rockefeller and Morgan families for a few generations.
Bao Zixuan said to everyone: "Everyone has worked hard recently, everyone will get an extra $1 million in bonuses for this operation, and Clay-Crack will get $3 million. This is what you deserve. I am polite, as long as you can complete the tasks I gave you in Blackstone, you can get the corresponding rewards, I will not be stingy in this regard.”
"About the logistics support staff, you will be rewarded with $500,000. Yifei, you will get $2 million. Everyone can also get 2 months of paid vacation. At the same time, I will reward you with all the electronic products of Heiyun Company."
"You can now install the Heiyun home theater in your room, listen to Heiyun, use the Heiyun Mirage 1200 laptop, and play the Heiyun game console. After choosing the product according to your family situation, tell Peng Yifei, The Heiyun staff will be delivered to your home."
"You have all signed the confidentiality code, and I don't want to repeat anything. But I hope you will forget about this operation, so that everyone can stay in a team for a long time."
"Finally, I decided to appoint Clay Clark as the president of the Blackstone Fund Company, responsible for the overall operation of the Blackstone Fund. Today, two months later, I hope to see you return to the company full of energy, and we will have big moves in the second half of the year. "
Bao Zixuan was a little hesitant when it came to rewarding the operator this time. After all, all thoughts and ideas are operated according to their own memory, and any fund manager can do it. It seems that there is no need for heavy awards, but considering the long-term stability of the team and preparations for the next operation, it is decided to give this group of traders rewards that they can't get in other fund companies at all.
Even Clay-Clake, an old manager who has worked in Hawkins Fund for more than ten years, has never received such a high reward, and as far as he knows, there are few managers on Wall Street who can earn more than 3 million in a single transaction. Dollar. It seems that this little boss is just like the legend, very generous to his own people.
Clay-Clark, who had been confused for a while after leaving the Hawkins Fund, was very clear-headed at this time, and knew that Bao Zixuan was a boss who liked to delegate power and was extremely generous at the same time. Isn't this the work environment you've always dreamed of!
There is still some finishing touches to be done before the bonus is released. The capital allocation funds were immediately transferred to Mellon Bank, and a high handling fee was paid.
At the same time, he also repaid the US$300 million loan secured by the American Black Cloud Software Company, although it did not expire. However, Bao Zixuan didn't like to owe money, and the Mellon family, who basically knew the entire transaction process, was shocked. The status of this young man Bao Zixuan has improved a lot in their hearts, and now he can reach the level of direct dialogue with the Mellon family.
After calculating employee rewards and consumption, the Blackstone Fund paid $1.5 billion in taxes after deducting the tax credit, which directly made the IRS feel incredible. Not only the IRS, but even the staff said that they can wait until next year's tax season. However, Bao Zixuan has his own ideas. He wants to transfer most of the money back to Xiangjiang. If the taxes and fees are not paid, the U.S. financial management department will not allow the Blackstone Fund to transfer large amounts of money.
Now the design drawings of Yulin Institute of Technology are about to be completed, and a lot of preliminary work must be prepared. How can I give the Hong Kong government an explanation for such a cheap land.
When 900 million US dollars was directly transferred to Yulin Institute of Technology's account in Standard Chartered Bank of Hong Kong, the entire Hong Kong banking industry was shocked by Bao Zixuan's generosity. Just a few days after the exhibition ended, many customers are still in their bank accounts in advance! In the case of not using the funds in the Heiyun account, another 900 million US dollars can be used to build the university. It is estimated that only Bao Zixuan can do it in Xiangjiang, and even HSBC will be hurt for a while.
Bao Zixuan watched the money in the account come and go quickly. There are still 2.5 billion US dollars in the Blackstone fund account. This part of the funds is not very useful now, but it can't be sent to the account to get moldy.
Hand over Clay-Clark to the office and said, "There's $2.5 billion in the account now~ www.novelhall.com~ You put up $500 million for General Dynamics; $500 million for Motorola; $500 million Buy Coca-Cola shares."
"I'm very optimistic about these three companies. As for the others, you can decide! But I ask for $1 billion in cash in the account in July. We still have an uphill battle to fight."
Bao Zixuan knew that stocks like GM, Motorola and Coca-Cola would never lose money even if they held them for a lifetime. You can still buy a lot while the stock price is low now, and there won't be such a good opportunity in the future.
As a veteran fund manager, Clay-Clark knows the U.S. stock market very well, and he is very familiar with the stocks that his boss chooses. I am also very optimistic. Now it seems that the boss does not know how to operate in the financial field, but he does not like excessive participation and just wants to give his subordinates room to play.
After explaining the stocks purchased, the speculators who did not leave the Blackstone Fund quickly absorbed the stocks of the three companies in the stock market, which made the stocks of General Motors, Motorola and Coca-Cola rise to a certain extent. However, seeing that the purpose of Blackstone Fund's acquisition is very clear, that is, to prepare for long-term holding, which reassures the three companies a lot, but still arranges special personnel to pay attention to the situation of Blackstone Fund. After all, no one is stupid, and it is impossible to completely trust these financial investment institutions.
Bao Zixuan stayed in New York until the end of March before returning to Boston and MIT. Originally planned to go back to Xiangjiang to celebrate Li Yulin's birthday, but her mother didn't like to be public, and told Bao Zixuan to keep a low profile. So, in the name of his mother, he distributed 2,000 Hong Kong dollars red envelopes to all Heiyun employees. This expenditure alone cost Heiyun Group nearly 200 million. After arranging all the work of the Blackstone Fund, Bao Zixuan left only after seeing that all the employees were going on vacation.