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MTL - Exploiting Hollywood 1980-Chapter 848 crocodile ronnie
Chapter 848 Crocodile Ronnie
"Did your boss, Mr. Simmons, fill in the gaps in mathematics?" Ronald and Donna were eating hamburgers for lunch downstairs in the company.
Bannon has gone to Tokyo, waiting for short-term speculators in America to fall into the trap. Ronald will be in New York for a few more days, so he came to chat with Donna today.
"Well, he found his former colleague at Berkeley, Professor James Akers, to develop an extended form of the Leonard-Baum formula in the random process, plus a large amount of data from Wall Street transactions, looking for related laws..."
The Chinese man that Ronald and Donna met, doctoral student Xiao Zhang, did not attract attention from Simmons. After all, he is a quiet foreign student. However, the information Donna obtained was the only one among all the subordinates that showed a direction that Simmons hadn't expected.
In order to encourage proactive employees like Donna, James Simmons gave Donna a treatment that only regular employees who have worked for more than 2 years can get, and gave her the right to invest in a soon-to-be-established hedge fund that uses mathematics to speculate in stocks. $600,000.
The name of the fund is Medallion, and it is only open to company employees, long-term investors, and investment funds of several Ivy League schools for the time being. Donna wanted to become a shareholder very much, but Aunt Karen was not sure about this kind of behavior like being a shareholder when she just went to work, so she persuaded Donna to be cautious.
So Donna found her rich cousin and asked him to help her.
"If I invest, who owns the shares? Do I lend you the money, or do I hold it in the name of your relatives? If I borrow money, how will the interest be calculated?"
"Huh..." Donna knew that Ronald was joking, so she slammed French fries at him.
"You have money, I have resources, how about a joint venture?" Donna said after arguing for a while. The rule that everyone in America agrees with is fair trade.
"Yes, I will ask my personal lawyer, Ms. Lindsay Dole, to draft the formal documents. Don't worry, the lawyer's fee will be paid to me."
"It's not that I have any idea of being a shareholder, but I agree with it more than investment. Mr. Simmons' idea has been told to employees who are qualified to buy shares in an internal meeting. I have studied it, and no one has found any loopholes. This It’s a good opportunity, maybe we can get an excess return.”
Ronald finished the last bit of hamburger, accompanied Donna upstairs, and then called lawyer Lindsay Dole, asking her to come over and draft an investment contract.
"What's wrong? What happened?" Donna was in the office and saw everyone standing up, as if something big had happened.
"Look at the S&P index", a manager of a male fund company came over and pointed to the computer for Donna, and then pressed the write button to call up the transaction data of index futures. He was met by Donna when she was on Wall Street, and he was very personable. When he saw Donna coming over, he was very happy to come over and show his super foresight in front of her.
"Who is clearing such a large number of short positions in S&P stock index futures?" Donna also clicked twice on the computer, and within a short time of having lunch with her cousin, someone released a huge amount of stock index futures during this trading session. Futures short order delivery.
"I don't know if it's that idiot who bought thousands of short orders on the S&P stock index futures in the early stage, and now they are weak and bursting out, and they are releasing them crazily. It seems that someone has suffered heavy losses in other international markets, and now they are desperately stopping losses .” The male fund manager, on Monday, predicted that the market would plummet, so he bought a considerable amount of short orders.
Tuesday, his fund made a huge profit of 20%, and he immediately left the market with a profit. He has carefully studied the stock market crash of the Great Depression in 1929, and knew that after the market crash, it will not continue to fall immediately, but there will be a temporary rebound, and then continue downward, so he is waiting for the second wave of crash.
The stock market on Thursday morning was relatively calm, and the trading volume at noon was very small, so he went to the office of the fund run by Mr. Simmons next door, where Donna, a rare beauty consultant on Wall Street, had a chat.
"This number of S&P short orders..." Donna quickly pressed down the calculator, 5,000 S&P stock index futures, at 230 points, which is equivalent to... "1 billion US dollars? Stanley?" She turned to confirm with the fund manager , The number of empty orders exceeded Donna's imagination.
"Hey hey hey hey, which big fool is this? Run now, isn't that cutting the main artery?" Stanley Druckenmiller laughed, unlike himself, he found all the transaction records of the stock market during the Great Depression, carefully If you study the financial markets of the Great Depression carefully, you will fly around like headless chickens.
Sure enough, as he expected, at the price of 230 points, no one bought 5,000 stock index futures.
And the opponents all know the weakness of this big crocodile, and they will kill him until he loses his underwear.
"220", after a while, the delivery price is dropping rapidly.
"There is still no one to take the offer?"
Donna clenched her fists. At this price, the short-selling fund, or multiple funds, will really lose a lot of money.
"215", everyone looked at this rare spectacle. There are thousands of stock index futures contracts, but the turnover is zero.
"210".
It took a few minutes for a new price, and the opponent didn't want to let them go, 205, 200, the numbers are constantly falling, and the losses of the owners of these futures contracts are constantly magnifying.
"195", finally, the contract fell below the 200 mark, and someone began to take over the transaction.
Stanley Druckenmiller is no longer here. He has to go back and try to get a share of this feast of slaughtering predators.
Donna didn't know what to say anymore, she just stared blankly at the delivery data on the computer. "People's emotions still have too much influence on the transaction, and the program is still reliable."
Ronald was watching, he knew who the man who lost his underwear was.
George Solo of Quantum Fund publicly declared in the Financial Times that the stock market in Japan was inflated and that it was about to collapse. Who knew that under the special intervention policy of Dongying, the stock market fell far less than the New York Stock Exchange.
The Standard & Poor’s index broke through Solo’s predetermined bottom line. In this dog-eat-dog game, many people rely on stepping on him to escape the fate of liquidation and collapse.
Solo's short selling on Nikkei stock index futures failed. In the New York Stock Exchange, it suffered unexpected losses. It is necessary to transfer the position here to Tokyo, and concentrate on getting a big one, so as to make up for the loss and make a lot of money.
Is there any reason why the New York stock market crashed and Tokyo was not implicated?
"Dangdangdangdang..." In the sound of closing, cheers erupted in Stanley's fund company next door. His fund has also gained a lot in today's fighting power.
Ironically, after Solo sold out all 5,000 contracts, the selling pressure in the market suddenly disappeared, and the S&P stock index futures began to rise again, higher than his original bid of 230, and finally quoted Receive 244.
"I'll make a call." Ronald greeted Donna, went to a partitioned desk, picked up the phone, and called Bannon, who was already in Tokyo.
"The tiger is out of the cage."
"I saw that he shorted Tokyo in order to mobilize funds, and the loss was not small."
"Minister Tamura is everything ready?"
"Don't worry, this is not America. All the chaebols and banks will listen to the cabinet."
"Very well, I will wait for your news tonight and keep in touch." Ronald added another expectation for tonight's action. Anyway, with the support of the Japanese cabinet headed by Nakasone behind him, he fought an asymmetrical battle.
The opponent has already suffered a huge amount of losses, and they are just waiting for this short-selling Tokyo to make it up. On their own side, their strength has not been compromised, and they are ready to ambush him. Let the chaebols and banks eat meat, and the small amount of funds gathered by myself and Bannon, and drink some soup behind Minister Tamura.
"You can give the morning operation a code name, Ronald. I saw a movie where the Japanese attacked Pearl Harbor, and there was also a successful code name of 'Tiger Huhu'."
"That's right, let's have Crocodile Dundee. Solo is a famous short-selling expert, a crocodile that eats other people's flesh. We are like those crocodile hunters in Australia. As long as you shine a flashlight into their eyes, their brains can't It’s working, stay where you are and don’t move. Let’s just shoot in the head.” Ronald thought for a while, isn’t Solo known as a financial crocodile? Then come to the code name of the crocodile hunter.
"Hahahaha, okay, call the crocodile, no, call the crocodile Ronnie to act." Bannon flattered Ronald in a small way, put down the phone and went to supervise the battle.
"Donna, what do you want to eat? I invite you to join me." Stanley Druckenmiller slipped over again. He made a lot of money in the stock market today. It would be great to ask such a smart beauty to go on a date to celebrate. up.
Ordinary beauties can't understand their earth-shattering wisdom in winning in the stock market.
"I have an appointment with someone else, Stanley."
Donna pointed to Ronald.
"My name is Stanley Druckenmiller, and I'm a fund trader." Stanley smiled. He was on Wall Street, and he has been such a number one person since today.
"Ronald, Ronald Lee, I'm a film director."
"Let's go together", Stanley heard that he was a film director, but he didn't care. Anyway, he was a loser compared to himself. "We can also talk about investing in movies. Do you know that Wall Street has invested a lot in Hollywood in recent years. There was a guy named Bannon who went directly to become the boss of a movie company. If your movie is good, I can also consider investing. of."
"Hey," Ronald smiled secretly. A smart and beautiful woman like Donna is also pursued by many young talents in Wall Street.
Turning his head and seeing Donna's brows showing reluctance, Ronald understood, "No, Donna and I have other investments to discuss. My lawyer will be here soon."
"Okay then", Stanley saw that he also had a troublesome boyfriend. They didn't know their wealth and status. It seemed that he couldn't get a date with Donna today, but there was no shortage of beauties, so he went out to find the manager of the modeling agency as soon as he turned his head.
"What a troublesome person." Donna stuck out her tongue at the young talented man's back.
Ronald put on an expression of "Don't you like it?"
"You don't know, these people have a heavy gambling mentality, their emotions can go from heaven to hell, and they ride several roller coasters a day. They don't agree with my philosophy..."
"Fine," Ronald shrugged, as long as Donna liked it.
"Ronald?"
"Lindsay, I'm here..."
Ronald saw Lindsay Dole, a private lawyer who walked into the office with a bag, and raised his hand to greet him.
Today, the freckles on Lindsay Dole's face seem to be more obvious. She is round and round, wearing a high-end brand-name windbreaker, but she only wears a pair of flat shoes on her feet.
Ronald stepped forward to take Lindsay's windbreaker and helped her hang it up. Then, watching Donna hug her face to face and say hello to her, he put down his bag and began to take out the prepared documents from it.
"Huh, you?"
Ronald noticed that Lindsay Dole, who took off his windbreaker, was obviously pregnant. Is she pregnant?
"Yeah, I'm pregnant, you should congratulate me." Lindsay looked at the surprised Ronald and said. The two of them have been in phone contact recently in business, and they haven't seen each other for a long time.
"Congratulations", Ronald smiled congratulatoryly, then put away his smile and pretended to be serious.
"What's going on? I thought you would definitely invite me to your wedding. I'm your first client, remember?"
"Hey hey hey, who said I'm married?"
"Then...? Child? Father?" Ronald had only heard about this kind of professional woman who became a single mother himself, but had never seen it.
"You met, Bobby. We talked carefully and decided to have the baby first..."
"A partner in your law firm?" Ronald was even more surprised. Bobby Donnell is handsome and worthy of Lindsay. The two are also evenly matched in ability now, making them a suitable partner, but Why don't you get married when you have a child?
"We have disagreements about partners and income. Bobby doesn't want me to be a partner and wants me to change my last name. I don't want to. We're still at loggerheads."
"Oh..." Ronald thought to himself that it was so. Lindsay Dole's business ability is very strong, he has many big clients, and his income may be much higher than that of the nominal boss of the law firm, Donnell.
Professional women are really powerful now, and the two have differences on property and career development. If they don’t resolve this difference, they don’t want to get married.
But it does not hinder the relationship between the two and having children.
After signing the joint venture with Donna and taking a stake in the newly launched Medallion Fund of the fund he works for, Ronald called a luxury car and took lawyer Lindsay Dole back.
"Bye, Ronald, bye, Donna." Lindsay was very satisfied today, not only expanded Ronald's new business scope, but also gained a new client of Donna, who is also a professional woman.
Speaking of which, Donna's first business was much bigger than the first business Ronald gave herself back then.
"What are your arrangements for the evening? Do you want to have dinner with me?" Donna asked her cousin.
"I have other appointments, bye." Ronald declined.
"Hmph... are you going to see that beauty again?" Donna packed her bag, got in the car and drove away.
Ronald finally walked by himself to the nearby One World Trade Center, Bannon's new office.
"Steve"
"Ronald"
There are very advanced teleconferencing equipment here, and with the help of Bannon's secretary, Ronald connected his call in Tokyo.
The other side is also waiting in full swing, just waiting for the market to open on Friday, how will Solo's Quantum Foundation attack.
"Dangdang Dangdang"
Late at night, the Tokyo stock market opened.
"Snap", the Tokyo Nikkei index on the computer was displayed for the first time after the market opened, and it gapped and opened high.
"We did it, hahaha."
Bannon's crazy laughter came over the overseas phone.
I didn't expect the Japanese government to play such a big game!
All banks, chaebols, and securities companies frantically bought those constituent stocks in the Nikkei Index after the market opened. Dongying Telephone and Telegraph, the giant in the Tokyo stock market, hit the 10% daily limit shortly after the opening of the market.
"Have we made a fortune?" Ronald didn't expect that the Nikkei index alone could rise so much, and with their leverage of long stock index futures, this one is...
"Get rich, rich like never before. The crocodile has been killed, tiger and tiger!" Bannon was already incoherent, and he did not expect that he would be able to return to Wall Street so soon after moving to Hollywood.
When the Tokyo stock market was closed, the sky in New York had already lit up. Looking from the World Trade Center, a round of sun was slowly rising on the sea in the distance, illuminating the largest sky between Manhattan Island and Staten Island. The ship, the Staten Island Ferry, seemed to be covered with a layer of golden light.
The Japanese stock market, where Solo predicted a major crash, ushered in a one-day gain of 9.3%, the highest since 1949.
At the end of the first week of trading after Black Monday, Solo’s Quantum Fund, his famous hedge fund, saw its net assets plummet by 26.2% within a week, far greater than the 17% decline in the U.S. stock market during the same period. This is also the first time that Solo's fund has exceeded the 20% stop loss bottom line, which has triggered a large number of investors' withdrawal requests.
Short-term speculators like Solo, short-selling experts, not only failed to make money in the stock market crash, but became the biggest loser in this disaster.
(end of this chapter)