Chapter 80 Citi

After carefully keeping the key, huang xuan ordered Lorraine to call Aubrey and Ditua

It took so much effort, all for the prescription that Gaye had handed over

According to Lorraine's analysis, the current state of science and technology was not difficult in terms of raw materials, just simple elements and organic matter

Similar to current drugs, the finished products need to be composed of a variety of complex compounds, and have unique requirements in the spatial configuration, such as rotation and chirality, these have mature or semi-mature methods, the real difficulty lies in the purity of the configuration, compared to the requirements seem to be higher

According to Lorraine, there are only a handful of companies that can produce drugs of this purity

Unfortunately, none of them belong to china

By the time china broke the old four, the united states had accumulated the most supplies in the world, and europe had completed its revival in 20 years

The so-called achieving your expected goal ahead of time only shows that your expectations are too inaccurate - a bad plan is wrong in itself

Of course, for Huang Xuan, it was enough to have a company that could make it

He didn't care which country it was, but when it came to pharmaceutical companies, not only him, but the entire The huang family didn't get involved

If you can't do it yourself, ask a professional for help

Huang Xuan, who had received her mother's 0

5 % truth, immediately thought of the Citi

"Lorraine, help me find Aubrey and Ditua

"" Okay

" The banking consortium is the leader of the entire capital market

Whether in the united states or europe, bankers will always be the center of businessmen

Even businessmen like ford and Rockefeller will not easily offend these financial giants

Of course, in most cases, This kind of businessman had already put his foot into the banking world

In the united states, if you want to build a good relationship with the industry, the first step is to build a good relationship with the bank-the method is simple, making the bank believe that you have money

Whether it's an unnecessary loan or an unnecessary deposit, it's a good tool to deal with

Repaying the loan on time will increase the bank's credit rating on you

Lending and repaying the loan are the perfect way to enhance friendship

It's the same as interacting with girls in school

Borrow a novel

Taking the wrong textbook was an old trick, but it worked

Compared to walmart, the provincial number one in the world, Citi is unusually strong

On wall street, the stalwart giants always had their own unique methods, and such giants could be counted with one hand: merrill lynch, Citi, j

P Morgan, chan, bear stearns, Manhattan, morgan stanley

It is no exaggeration to say that these bank consortia occupy the highest peak of the capital market, monopolizing the small life

In the words of old Mr

Marx, the banker was born to demand the average profit of society

The simplest explanation is that bankers are trying to use other people's money to earn the profits most people can with the least risk

Aubrey and Ditua were typical representatives of such a consortium

After watching a movie, Ditua arrived first and brought another tall white man

However, huang xuan was more hopeful about the Citi, so he had to ask them to wait for a while

Ditua sat down understandably and introduced his colleagues through an interpreter

" Mr

Huang, this is dr

Kelly, the full-time asset manager of Swiss union bank's private Swiss union bank

Dr

Kelly is the second manager on the list of teams we have drawn up for you

" As he spoke, he handed Huang Xuan a list

" Ok

" Huang Xuan's list of results, greeted Kelly again, and chatted casually

This was an english character, his eyes glazed over, and he was only sharper when it came to his expertise in economic matters

There were eight people on the list, and five of them had a doctor in front of them

At first glance, they looked very powerful

However, Huang Xuan did not have high expectations for personal asset appreciation and did not care much about this list

He folded it in his chest pocket and sat across from Ditua, picking up a few random documents and saying," how's the recent futures delivery

"" It went well

It's more than half done

"" Good

" Huang Xuan nodded and said," where's the Furnas corporation

I read your proposal, but to be honest, it's a little complicated

If it's not too much trouble, I hope you can explain it to me

" Of course not

Ditua looked to the side and said," dr

Kelly is very familiar with this

He completed the restructuring of the Furnas corporation

"" Uh-huh

" Kelly pushed his eyes down the bridge of his nose and pulled out a stack of documents from his bag in a slightly flustered manner

" Yes, I did a field investigation of the Furnas corporation

I think there are several issues that need to be resolved

Among them

"" Dr

Kelly

" Huang Xuan had to interrupt him

" We don't have much time

I just want to know if this company has been reorganized according to my request

"" Yes

" Kelly should be in his thirties, but it seems that his social experience is still limited to communicating with his mentors

He stammered," but I think such a reorganization is wrong

Dividing a company into three separate departments will cause a lot of problems

Professor Del has a tutorial that says so

" With a long sigh, he could only raise one hand again and say with a stiff smile," dr

Kelly

Dr

Kelly

"" Yes

"" Tell me, did you reorganize the company according to my request

"" Yes

But

"" Ok

" Huang Xuan motioned for a pause

" That's enough

" In front of the doctor, Huang Xuan felt that their ages were reversed

Seeing that the atmosphere was a little cold, Ditua quickly interjected and said," Mr

Huang, actually there is one more thing this time

"" Oh

" Huang xuan refilled his cup of coffee

Ditua took out a usb drive and placed it on the table

" Do you know John Merry Weather

" She opened her arms slightly

" No

"" Here's some information about his new company

Well, this is a genius investor

" Just as Ditua was racking his brains on how to describe Merry Weather, Aubrey walked in behind the butler and interrupted," a genius who lost money

" Compared to Huang Xuan and his son's small villa in St Paul, this house in Nanjing can be called" hao

" It not only has the large lawn that the european and american people like, but also has its own back garden and chinese pavilion

It seems that Mr

Aubrey likes this kind of arrangement very much

He walked through the ivy corridor and followed Zhou Lian around, but as soon as he entered the living room, he heard the name" Merry Weather

" He stood up to greet him and said," coffee or tea

"" Coffee, thank you

" Aubrey walked in and sat down, but asked Ditua," you don't want to introduce Mr

Huang to the jwm fund, do you

"" Do you think there's a problem

"" Of course

" Aubrey blushed and said with a thick neck," Merry Weather almost lost the entire wall street two years ago

Today, a swiss told my client that you should invest in jwm

I didn't hear it wrong

"" There was nothing wrong with Merry Weather's investment

It was just an accident

"" A $ 10 billion accident

" Aubrey said, shaking his head

Kelly joined the discussion, and the three of them began to speak more and more english

Huang Xuan had given up trying to understand what they were saying, but leaned on the sofa and asked Lorraine," what are they talking about

" It should be the founder of long-term capital management company (ltcm), Merry Weather

About four years ago, his company made 25 % of its profits a year, the most profitable of all wall street hedge funds

On his team, there was a former vice-chairman of the federal reserve

Another group of economists, including the Nobel winners, raised $ 1

25 billion and tripled it over the next two years

"" Then you lost money

" Huang xuan listened to the three people's discussion and guessed

" Yes, there are many reasons, but the biggest reason is that the financial leverage is too high

At most, they control $ 100 billion of assets through various financial derivative products - all borrowed from banks, and these contracts are in almost every bank on wall street

It didn't stop spilling out endless contracts, and it ended up with an astronomical amount of about $ 1 trillion

"" All lost

" Huang Xuan was surprised that $ 1 trillion was almost the top 10 gdp in the world

" Of course, not all of them

It only involved one trillion, and the final loss was about ten billion us dollars

But he scared wall street because this company involved almost everyone on wall street, and it was worth one trillion

If it weren't for the fact that the major banks were united - which was rare on wall street - the biggest loss would have been close to 100 billion

" Still in shock, Aubrey began to explain to him

In fact, this is just a very american story, of course, it really happened, even more bizarre than the story

John Merry Weather's hedge fund had a good future and would have been part of the wall street saga

In the end, people almost thought he was a legend

However, under the impact of russia's debt crisis, the long-term capital fund lost

On the most day, it lost $ 540 million, which shocked the entire wall street

In the last few days of the crisis, the net worth of the long-term capital fund was only 1 billion us dollars, but it managed 100 billion us dollars of assets through financial leverage

As long as it lost 1 %, the bank would forcibly close its position

At that time, the crisis might engulf wall street

In the end, wall street banks, including the federal reserve, had to intervene in the company together

At the same time, when most chinese were still looking at Clinton's zipper and paying attention to every word Lewinsky said, a panic quietly occurred and ended

To this day, Merry Weather wanted to test him again

Or the theory of the other two partners, So he raised money again from banks and other wealthy investors

When he found the Swiss union bank, Ditua believed that huang xuan was a person who was willing to take risks and pursue profits

Huang Xuan was noncommittal to both sides of the argument

Instead, he asked Kelly," doctor, can you explain to me what a hedge fund is

"" Oh, of course

" Kelly was still a little flustered and said," you see, in fact, from the perspective of the securities law, there is no such form or institution as a hedge fund

However, in reality, a hedge fund is actually an institutional investor in the form of a limited partner

It is very risky

Legally speaking, there must be no more than 99 fund investors, and each person's investment must not be less than one million us dollars

If we expand, we can increase the number of investors to 500, but we need at least five million dollars each

"" But what does it do

I mean, what is hedging

" Kelly lifted his spectacles, calmed down, and said," well, the phrase of a hedge fund is derived from the phrase' bet on the same person from both sides'

It basically minimizes the possible risk of speculation by placing bets on an opponent

Simply put, it's selling an over-valued stock or futures or anything, and then buying these undervalued financial products at the same time

"" How do you make money

" For example, if I sell $ 1 billion of light crude for august delivery and buy $ 1 billion of light crude for december delivery, then if the price of oil rises, as long as the increase in december is higher than that in august, I will make money

Or if the decline in august was greater than that in december, I would make money too

In our words, I only care about the narrowing of the interest rate gap, not the actual rise and fall

This would reduce the risk accordingly, and at the same time use financial leverage to operate at more than 10 times the capital, the return would also be very high

" Shrugging his shoulders, he asked casually," can you make money

"" You can also lose money

" Aubrey added," Mr

Huang, if you want to invest in a hedge fund, I can introduce you to a lot of famous hedge fund managers, such as Mr

Soros

Merry Weather is not a good choice

"" Professor Merton and professor Scholes's models were correct, and that failure was an accident," Kelly could not help but argue

Asked," who are they

" Kelly thought for a long time and didn't know how to explain it

Ditua interjected," it's the nobel prize winner, the economic prize

" It sounded very powerful

But looking at Aubrey's red face, Huang Xuan smiled and said: We'll discuss this later

I'll call you today

I really need your help

"" Of course

" It is one of the services of a bank that a large number of customers look for a bank and help them out of business

Although this service is not included in its terms, it is clear that banks that can help customers gain more money and know more business people are more popular

In other words, the more powerful a company is, The more he could win the favor of the rich

Smiling, he said," I want to invest in a medical research institute or a biotechnology company

Well, I hope they have the ability to have more advanced biological agents

What's there to introduce

"" Do you want a stake or do you want to make your own medicine

"" I want to be able to research and produce some drugs in small batches

Well, the quantity is small, so it doesn't matter about the investment

" Aubrey shook his head apologetically and said," you know, the us government is not very supportive of china's

Uh, high-tech industry

" He obviously thought huang xuan wanted to get involved in the medical industry, just like he did in the electricity industry

Of course not

Huang Xuan Waner, however, understood what it meant

It was nothing more than an embargo

Ditua also shook his head and said," Mr

Huang, it's very sensitive to invest in a high-tech company

" While he was considering his words, Huang Xuan waved his hand and said," I have no intention of getting this company involved with china

" He pondered his words and said," I'm not interested in running a company either

I just want to get some medical help through some investments

"" Your grandfather

" Ditua reacted quickly

" Yes

"" I'm sorry about that

But the government is always embarrassing

" She pursed her lips and said," I have no intention of challenging washington, but gentlemen, I just want to invest in a pharmaceutical company and get a small number of pharmaceutical products first

Is that a problem

" Ditua had to frown and say," I'm sorry, but Mr

Huang, in fact, new drugs always invest in the market as quickly as possible

In this regard, having a connection with a company won't help much

"" I don't think you understand what I mean

" Although Huang Xuan said so, his mind was busy, and he lied," I have some formulas that I hope can be produced in a better laboratory, and the best way is to obtain clinical trials

"" Actually, we don't need to invest," Kelly said suddenly

" Tell me

" Huang xuan was still in awe of the title doctor

Dad worked so hard for so long, but he was still upset because mom couldn't go abroad

" Actually, it's easier to accept a simple sponsorship

If you only need one person's medicine, as long as you have enough sponsorship, I think it should be fine

" Ditua clapped his hands and said," that's a good idea

We were all a little dizzy just now

" Can you not faint from that argument

Huang Xuan smiled indifferently and said," which company

"" Maybe we can help you ask a professional how much money are you going to sponsor

"" It's enough to make them faint

" Huang xuan said as he stood up

Both of them knew his habits and the conversation ended today