Chapter 76 A great victory
So throughout August, Barron’s main focus, in addition to the promotion of the game “Werewolf”, was more on the establishment of Among the program production companies.
Bonnie has resigned from Sky TV during this time and joined Summit Media Company as the company's planning director, responsible for the early stage of the upcoming reality show "Traitor" Preparatory work.
Summit Media was established on the basis of Summit Studio, a small creative studio acquired by Barron. Originally, this studio was acquired from large independent production companies. After Bonnie's investigation, some subcontractors found that the studio had a good reputation, so Barron directly acquired it.
The original head of the studio, Fergal Hayden, has relatively rich experience in the industry and has temporarily become the manager of Summit Media.
It can be said that Summit Media has been very busy during this period of time, because there are many things that need to be done just in the preliminary preparations for the variety show "Traitor".
The filming location of the program has been determined to be Chatsworth Manor. In the early stage, the installation of high-definition cameras in the rooms prepared for filming in the manor has begun - if you have watched the program "Big Brother" Friends, you should all remember the ubiquitous cameras in the villa. At that time, the shots of the players in the manor will need to be collected through these high-definition cameras.
After all, if a cameraman follows the filming, in such a closed space, it will be a relatively big test for the players' positioning and ability to ignore the camera. Since amateurs are chosen as guests of the show, then You cannot ignore this.
And by choosing Chatsworth Manor, if the show is popular, the manor will be able to get some appearances, and Chatsworth will also be able to get a certain amount of rent.
Yes, even if it belongs to Barron, Summit Media still needs to pay rent when using Chatsworth Manor for filming.
Even Barron himself, who lives in Chatsworth Manor, will pay rent to the trust fund where the manor is located - because the trust fund itself can be tax-free in many aspects, and this is essentially "left hand and right hand" process, you can avoid a lot of taxes.
Compared with the selection of guests for the show "Traitor", it can be said that the installation of cameras and slight renovations in Chatsworth Manor are relatively simple.
No matter how creative a variety show is, what really determines the final effect are the guests participating in it.
And "Traitor" is such a "brain-burning" program that requires acting skills as well as keen observation and reasoning, so the selection of guests is even more important.
Shortly after Barron and the others returned to London, the recruitment revelation was published in The Independent:
"Whether you want to win the high prize of 250,000 pounds, or want to prove your strength, this reality show is your best choice!
We need to be keenly observant, or Super high acting skills, and the ability to see through people's hearts!
Maybe you are among the crowd at this time, but you have extraordinary abilities, That’s right, you are the one, contact us and let everyone see how extraordinary you are!
…”
Recruitment revelations like this are not only in the "Independent", but also through the Internet. , Summit Media can be said to have spread the news of this program into the public eye - this can also be regarded as a warm-up for the upcoming reality show.
After the news was released, it can be said that they received responses from all over the UK. Many people contacted them by phone, email, etc. to sign up.
What Bonnie and the others need to do is to select the 22 contestants who will finally participate in the show from these massive applications.
These contestants include former police officers, actors, psychologists, lawyers, and those who have worked for the intelligence service...etc. people who have the qualities they need.
Their selection not only requires these people to have certain abilities, but also needs to have excellent psychological quality, especially those who are willing to become "traitors"!
Many times, there is probably a huge gap between your own imagination and your performance when you actually face that situation - being secretly scrutinized and probed by everyone around you.
Therefore, they need to screen through layers of talent to find people who are truly suitable for this program.
......
The time has reached the end of August, and nearly a month has passed, and the price of London copper has dropped below 1,000 pounds. In other words, this time, the investment in shorting London copper , it’s finally coming to an end.
According to Barron's request, the securities investment department that Daisy was responsible for bought and closed its positions in London copper since the price fell below 1,000 pounds.
In the end, DS Capital completed the final closing of the position at an average buying price of 997.5 pounds. In this operation, they invested a total of 33 million pounds with a margin ratio of 5%, and finally made a profit of approximately 220 million pounds.
It can be said that this ratio is very scary, but such a drop in London copper is extremely rare...
As for capital gains tax, it needs to be considered in April next year. The thing is, during this period of time, Barron was still able to make good use of existing funds-and make some arrangements for "tax optimization."
As for the original principal of 33 million pounds invested this time, Barron did not immediately repay the bank loan, but instead invested again in London Copper.
Because he knows that under 1,000 pounds, London copper will not last long. When the global economy recovers and demand begins to boom - especially starting from September this year, the United States will continue to Putting pressure on Iraq and the shadow of war will accelerate the rise in raw material prices.
Therefore, he invested these funds in London copper futures again, but this time he went long on the backhand.
And in terms of margin ratio, he used 8% margin more safely to prevent his previous operations from affecting the market.
Of course, basically he is a little too cautious. After all, with the amount of trading funds in London Copper, his previous short selling order can be said to be like a drop of ink in a fish tank. It has a certain impact. But it’s really hard to tell.
But even with these memories of his past life, Barron still remembers to act with caution when making some financial investments. After all, caution can only sail a thousand years.
It can be said that this time the short selling of London Copper has had a huge impact on Daisy.
In financial investment, it is not too difficult to choose the right direction. Among traders with a little experience, there are many such examples.
But it is very difficult to make the right choice every time. It can be said that those who can do this are all so-called "legendary traders".
Of course, Barron is still far from a "legend" now, but being able to make the right choice twice in a row is already very surprising.
Especially when Daisy later reviewed his original short position on AirGate stock, she found that no matter the timing of Barron's decision to open a short position, the amount of funds used and the leverage ratio, or even the final timing of closing the position, They were all very accurate, and for this reason, she still admired Barron's vision very much.
At first, Barron told her that he was a genius, but Daisy actually didn't take it seriously.
Even with the success of her first short-selling AirGate stock, she only slightly changed her view of him.
People are always like this. Occasionally, success may be due to strength or luck.
But most people tend to regard luck as their own strength.
Such people often lose miserably in the end, because if you succeed with the wrong method, it is more terrible than if you fail with the correct method - if you succeed once, you will easily develop a path for your own method. Dependence, and ultimately continuing to add more money, will only lead to failure.
Daisy was also suspicious of Barron at the beginning.
But this time it was still successful, and DS Capital's record in London Copper this time was too dazzling. Therefore, Daisy's view of Barron has changed greatly - perhaps, her own This boss really has a keen sense of investment that is different from ordinary people, and he may really be a genius.
But it is only possible to this extent, at least for now.
The data during the new book period is related to subsequent recommendations, so follow-up reading is very important. I beg you not to keep it all the time. If you feel it is okay, read it every day to help increase follow-up reading. Thank you very much.
(End of this chapter)