Chapter 243 Wall Street Exclusive Textbook
As White said, after watching "The Big Short", the boss believed that the 100 million credit default swap contract was indeed under-bought.
The real estate crash may not happen once in a lifetime. If you only invest 100 million for this kind of opportunity to make a fortune, it is not a loss!
So after the U.S. stock market closed that afternoon, all the fund managers in the company were called into the conference room and each was given a copy of "The Big Short."
Many fund managers were very confused at first, why are they investing in this industry these days and holding reading exchange meetings? After reading this, do you want to write a review of several thousand words?
But after they read more than a dozen chapters of "The Big Short," they were all stunned on the spot.
This is not a reading exchange meeting, this is a prophecy exchange meeting!
We are all vultures who have been on Wall Street for many years, and we quickly figured out the business opportunities.
Ever since, everyone has reached a consensus, which is to short real estate.
The best way to short real estate is naturally to go to a legal casino, that is, find an investment bank, and buy a credit default swap contract.
The collateralized debt obligations issued by investment banks, after various nesting dolls, are already a huge number that is difficult to estimate. Even the Federal Reserve has difficulty in grasping the exact information, but the amount is definitely more than 10 trillion U.S. dollars, which is far larger than the number of houses currently being traded in the United States. The value is much higher.
With such a huge amount, just spending more than one billion on a bet is equivalent to buying a cup of cheap milk tea with a monthly salary of 100,000, and the impact is negligible.
However, there is no airtight wall on Wall Street. After all, the movement of more than one billion funds cannot be concealed. The operations of this fund company were quickly learned by peers. Other investment companies have speculated whether they have received any inside information.
Soon, some colleagues learned that this company bought thirty copies of "The Big Short" in one go.
A fund company bought thirty fantasy novels, which is quite strange in itself. Moreover, after buying these thirty novels, it immediately made a new investment direction, which will definitely cause a stir. Do good things and be suspicious.
So other investors also bought a copy of "The Big Short" and wanted to find out.
As you can imagine, after watching "The Big Short", investors all made the same decision, which was to short the U.S. real estate market.
The reputation of "The Big Short" quickly spread on Wall Street. More and more financial practitioners knew about this book and bought it to find out.
......
A box-type pickup truck parked in front of a building on Wall Street. The driver used a trolley to push books that were as high as one person, and walked into the building, and then He was stopped by the security personnel at the door.
In the United States, security measures are very strict in places where wealthy people stay, especially office buildings on Wall Street, which are filled with financial companies. Hundreds of millions of dollars are exchanged every minute. Naturally, they have to spend money to hire stronger security guards. . At the very least, if you don’t wear a suit and tie, you will definitely be stopped.
Being stopped by security, the deliveryman was used to it, he said; "I am an Amazon deliveryman, here to deliver."
"What is it?" the security guard said. asked, scanning the cart with a metal detector.
“It’s all books!” the deliveryman said.
"Are they all books? So many?" The security guard looked questioning. He thought to himself, when did the grandsons upstairs love reading so much?
If something goes wrong, there must be a monster, so the security guard said: "I want to check it out!"
"Okay. Just take a look!" The deliveryman spread his hands.
The security checked carefully and found that the trolley was indeed filled with books and no other items were included.
But what surprised him was that these books were all the same, "The Big Short".
“I can understand someone buying books, and I can understand buying a lot of books at once, but they all buy the same book. How is this possible?
Order so many copies of the same book at once, unless it is used as a teaching material! But this building is full of financial companies, but there are no education and training institutions. "
Thinking of this, the security guard asked with a questioning look: "Did you go to the wrong place? They are all financial companies and there are no education and training institutions. ”
“I don’t know what companies are on this, but the address I received is here. This is the delivery note. If you don’t believe it, look at it! "The deliveryman handed the delivery order to the security guard.
The security guard took the delivery order and looked at it carefully.
"Fifth floor, Louis Investment, "The Big Short" fifteen Book. Seventh floor, Andre Trust, New York, twenty-five copies of "The Big Short." Eleventh floor, Wilma Fund, 20 copies of "The Big Short". Twelfth floor, Queen Financial Investment, twenty-five copies of "The Big Short"..."
Looking at the delivery note, the security guard looked confused.
The address is indeed the address here, and the company above is indeed the company here.
Why are these companies ordering the same book? And with so many orders ordered at once, is this a rhythm that requires everyone to have one copy?
"What kind of book is this? Why are so many companies ordering it?" Security asked subconsciously.
"I'm just a delivery boy. How could I know so much! But this book has been really popular on Wall Street recently. After I deliver to your building, I have to go to the building next door. Delivery, the company upstairs has also ordered hundreds of copies!" the deliveryman said.
"Is this the same book? Hundreds more?" Security frowned: "Is this book "The Big Short" an exclusive textbook for Wall Street financial companies?"
......
Entering late April, "The Big Short" is gradually becoming a standard textbook for various financial companies on Wall Street.
But outside Wall Street, "The Big Short" did not create much popularity. The audience for this type of novel is relatively limited. At least the majority of teenagers are not interested in the financial operations of Wall Street.
Readers of this kind of books are generally business people or intellectuals. After all, the number of such groups is still limited. The name of the author of Zhang Wei's "The Thirst Game" is very popular among business people and intellectuals. The effect is not great, just like many business people will not read the "Harry Potter" series of novels at all.
At this time, Zhang Wei also ushered in an extremely busy day.
April 23 is World Book Day. This is a festival established by UNESCO. Every year on this day, various promotional activities are held in various countries around the world.
However, in the early years of the 21st century, this day was not very well-known in China. At this time, the Chinese economy was taking off rapidly, and most Chinese people were busy making money, except for intellectuals. Outside the community and student groups, probably few people can spare the time to read.
So World Book Day activities are mainly held on university campuses, because only college students have the time to pay attention to World Book Day. In any other place, there would definitely be very few people attending the event.
For example, go to the public library. How many people went to the library to borrow books in those days! The situation in big cities is better. The library facilities in many small and medium-sized cities are old and outdated, and the books have not been updated for many years. There are only a few Lu Xun, Lao Sheba, Jin and Guo Moruo, plus some old foreign masterpieces, which are not read at all. desire.
Another example would be to go to some places such as city squares or parks, where there are adults and aunts walking around. Few of them like to read books. For them, the Anti-Japanese War dramas and family soap operas broadcast on TV are more intimate than books.
Moreover, both my uncle and aunt are presbyopic, so reading is very difficult! If you give eggs, people may come over and listen to you beep a few times. Grandpas and aunts are not interested if you don’t give them anything else.
So World Book Day activities can only be held on university campuses.
On Saturday, Zhang Wei went to Renmin University and Beijing Institute of Technology, and on Sunday he went to Tsinghua University, his home field. Judging from the results of the activities, Renmin University and BJ Institute of Technology were both good, but the event site at Tsingta University seemed a bit deserted.
There are too many celebrities who have come out of Tsinghua University. Tsinghua University students are not surprised by famous writers. For Tsinghua University students, which of their professors is not a great person in the industry? Who doesn’t have some writings? Many academicians are based at Tsingta University, and there are only a few best-selling authors. It is estimated that literary giants like Mo Yan and Yu Hua will not be able to make too big a splash when they arrive at Tsinghua University. On Sunday afternoon, Zhang Wei was going to Peking University to participate in the World Book Day event, but before that, he had to stand up for SKY Li Xiaofeng.
After taking a few bites of food in the cafeteria, Zhang Wei went straight to Peking University. Anyway, Qingdao University and Peking University are next to each other, and across the street is each other's campus.
At the same time, SKY Li Xiaofeng arrived at the event early and worked with the on-site staff to adjust the equipment.
The person in charge of the organizer came over and asked anxiously: "Li Xiaofeng, it's almost twelve o'clock, why hasn't Zhang Wei come over yet?"
"Don't Urgent, I'll call and ask right away." Li Xiaofeng immediately dialed Zhang Wei's phone and asked when Zhang Wei would arrive, and Zhang Wei had just walked out of the cafeteria.
"Zhang Wei is already on the way. He can reach the gate of Peking University in ten minutes." Li Xiaofeng told the person in charge.
The person in charge looked at his watch: "Ten minutes, that's enough time."
"How about I pick him up at the gate of Peking University?" Li Xiaofeng asked.
"There is no need for you to go, just feel free to prepare. There are volunteers here at Peking University. I will just find a volunteer to pick up Zhang Wei."
The person in charge said, He walked up to a few volunteers and explained his purpose.
"I'm afraid that the guests won't know the way, so I have to ask you to send someone to pick them up."
"I'll go!" the leader said. His name is Liu Zhijie, a cadre of the Peking University Student Union.
Peking University often holds various activities on weekdays, and volunteers are always needed at this time, and Liu Zhijie is an active member of the volunteers. In addition, as a student union cadre, he often becomes one of the volunteers. leader.
Liu Zhijie also showed extraordinary leadership skills. In addition to being a central dispatcher, he often took the lead and rushed to work, winning a good reputation among his classmates.
This time, Liu Zhijie saw that the event site was almost decorated, so he took the initiative to pick up Zhang Wei at the school gate.
"Classmate Liu, I'm sorry to bother you!" the person in charge of the organizer said immediately.
Li Xiaofeng also came over and said: "I have Zhang Wei's photo on my phone. Please wait a moment and I will find it for you right away."
"No need for the photo!" Liu Zhijie He waved his hands confidently.
“Do you know Zhang Wei?” Li Xiaofeng asked subconsciously.
“I don’t know you!” Liu Zhijie said.
"Then you have seen him before?"
"Neither!" Liu Zhijie still shook his head.
"Then how do you know which person is Zhang Wei?"
"It's easy. Today is not an open day on campus. We at Peking University are not open to just anyone. Come in." When I arrived, we were the ones leading the way in! When I went to the school gate, the person I saw stopped by the guard must be the person I wanted to pick up!" Liu Zhijie said with a showoff.
"That makes sense! Student Liu is really smart. He deserves to be the tycoon of Peking University!" the person in charge of the organizer quickly flattered.
After showing off his reasoning ability, Liu Zhijie successfully gained a sense of presence, and then arrived at the gate of Peking University. He did not go to the security guard immediately, but found a shade tree to wait.
In fact, Liu Zhijie could have told the security guard that a man named Zhang Wei would be coming soon, a guest attending the event, and let the security guard let him go.
But he didn't do that. If the security guard lets him go directly, then what's wrong with him?
Liu Zhijie wanted the security to stop Zhang Wei, and then went to rescue him. Wouldn't this be an extra favor?
So Liu Zhijie stood under the shade of the tree and began to look around, waiting for Zhang Wei to appear.
...
This is not the first time for Zhang Wei to come to Peking University. He has been here several times with Ye Haotian before.
How could Ye Haotian, a deeply social person like him, stay in Tsinghua University all the time? On weekends, he often comes to Peking University to participate in some Qingbei social activities, and occasionally drags Zhang Wei along with him. Come together.
When we walked to the gate of Peking University, other Peking University students swiped their student cards to enter, but Zhang Wei took out his Tsinghua University student ID card and showed it to the doorman.
"I'm from Tsinghua University and I'm here to participate in an event." Zhang Wei said.
As soon as the guard saw Da's student ID card, he let me in without saying a word.
Many universities in Beijing are not open to the public, but the student ID card of Tsing University is a pass for each university. In addition to disciplinary forces such as National Defense University and Public Security University, other universities have Tsing University student ID cards. The certificates are all clear.
Under the shade of the trees, Liu Zhijie also saw Zhang Wei walking into the school gate, showing his student ID card to the guard, and then walked in directly.
"I came in without swiping my card and showing my student ID. This is from Tsinghua University next door." Liu Zhijie was not surprised by this. After all, it was the weekend, and it was normal for students from the two schools in Qingbei to move around.
At this time, Zhang Wei suddenly remembered that he had forgotten to ask Li Xiaofeng where the event was held.
But then Zhang Wei thought that Li Xiaofeng had said that the event was held at noon because there was another report meeting in the afternoon. Zhang Wei was almost certain that this event and his report meeting were held in the same venue.
"The event should be held in the auditorium. Remember, the auditorium seems to be in that direction, right?" Zhang Wei thought it would be better to confirm.
Just then, a classmate was standing under the shade of a tree looking around, as if waiting for someone, so Zhang Wei walked over.
"Hello, classmate, do you know that there is an event held by Lenovo today. Is the event location in the auditorium?" Zhang Wei asked.
“Yes, the venue of the event is in the auditorium!” Liu Zhijie nodded, and then asked: “This classmate, are you from Tsinghua University next door?”
"Yes, I heard there are a lot of activities here at Peking University today, come and join in the fun!" Zhang Wei said.
"Do you know how to get to the auditorium? Just follow this road and keep going..." Liu Zhijie also enthusiastically pointed the way to Zhang Wei.
"Thank you!" Zhang Wei thanked him and went straight to the auditorium.
Liu Zhijie looked at Zhang Wei's leaving figure, and then continued to stare at the gate, waiting for the guests to be stopped by the guard, and then stepped forward to rescue him.
In his opinion, the world champion in gaming must be a scumbag. How could he be a student of Tsinghua University!
(End of this chapter)