Chapter 420 Quantum Fund
When oil prices are high, the world will need more green paper to buy crude oil.
The liquidity released by the Federal Reserve is naturally absorbed by other countries.
Absolutely perfect.
So, John Thain understands that there is a high probability that Iraq will fight.
But the specific time has not yet been determined.
After all, it’s hard to find excuses, and domestic and international impacts must also be taken into account.
Coupled with the time to deploy troops and generals, it will not be possible until at least April or May.
This is why he is willing to participate in this fight organized by Larry Ellison.
"If we short oil futures in the global market, we have too little capital now, unless..." Alexander Soros glanced at Larry Ellison.
The latter noticed his look and the corners of his eyes trembled.
Larry Ellison understood what he meant and let him continue to invest money.
But he is not a fool either.
Although face is important, revenge is also his desire.
But you can’t put all your wealth down just for the sake of face.
It's fine if he wins, but if he loses...
At the age of sixty, he can't bear to part with his luxurious life.
“We can look for more people to join.”
As soon as these words came out, a trace of disappointment flashed in the eyes of Paul Singer and a touch of contempt.
They thought Larry Ellison could make a desperate move, but unexpectedly he backed down at the critical moment.
You must know that Oracle's stock price has now exceeded 50 billion US dollars.
Larry Ellison holds 43% of Oracle.
If you pledge half of it, you can get 10 billion US dollars of liquidity.
Coupled with the money they put together, it can form a huge capital of nearly 20 billion US dollars.
This money is enough to beat Hanhua.
"Larry, I remember you said at the beginning that if more funds are needed, you will solve it. Why are you backing down now?" Paul Singer asked with a playful smile on his face.
“What I said before was that when Xu Liang invested more money, I also invested in it. Now he didn’t put Hongmeng as collateral and invested more money.” Larry Eli Sen said coldly.
"Haha, you are not afraid of failure, are you?"
"Paul, provocation is useless to me."
Paul Singer sneered: "La "Here, this time we are here for your sake. If you don't have any confidence yourself, I think we don't have to play at all. After drinking this glass of wine, everyone goes back to their homes and acts as if they have never met before."
"Larry, in order to make oil, Xu Liang has used everything he can except Hongmeng. If you want to defeat him, you have to outnumber him in terms of capital. The money raised now cannot meet the requirements." John Thornton Smiled.
"Mr. Ellison, when you invited our Quantum Fund, you vowed: You will definitely win this duel, but now I see no hope of winning." Alexander Soros also said .
"Larry, I think you can add more money appropriately." Carey Killinger said directly.
Looking at the intimidating looks, Larry Ellison felt a surge of anger rush from his dantian to his forehead.
What these bastards say is nice.
Get more money.
Why don’t they get more?
He said before that he would take half of the money. Now that the four of them have pooled together US$7.05 billion, he will also provide the same amount of capital. But these bastards are not satisfied yet.
Take a deep breath.
“If the funds are not enough, I can take more money. But the most I can pay is 10 billion US dollars.”
Several people looked at each other and understood that this was Larry Ellison's biggest concession.
With US$17 billion as the basis, it is almost enough.
After reaching an agreement, everyone moved on to the next topic.
"When?" John Thornton asked.
"I need time to raise money." Larry Ellison said.
He needs to come up with the most money. Although it does not necessarily require cash, it is very troublesome to turn around such a huge amount of funds.
“February 1st is only one week away. This day is the Chinese New Year, the most solemn festival of the year. We can give Xu Liang a perfect holiday gift on this day. ”
Paul Singer had a cruel smile in his eyes.
“OK, I think this proposal is great.” Alexander Soros echoed.
“Then let’s make this day.”
Larry Ellison thinks so too.
After everything was settled, everyone drafted and signed a cooperation agreement. Everyone signed it and agreed on each other's rights and obligations.
It wasn’t until late at night that everyone dispersed.
Sitting in the car, Alexander Soros took out his mobile phone and dialed.
It didn’t take long before the call was connected.
"Father, it's done.
Larry Ellison invested $10.05 billion, Paul Singer invested $3 billion, Carey Killinger invested $1 billion, and Goldman Sachs only took 5,000 Ten thousand US dollars, plus our 3 billion US dollars, the total is 17.1 billion US dollars."
The old voice came.
"John Thornton only took 50 million?"
"Yes. It seems that he is not very optimistic about this action." Alexander Soros said.
"There may be some people who are not optimistic, but I'm afraid it's more to facilitate their hedging bets. By then, they don't need to take too much risk on oil futures to be full of oil.
This is a bastard from Goldman Sachs This is their usual trick."
"Aren't we in danger?"
"That's not the case. It's impossible for people at Goldman Sachs to disclose all the details of the transaction. , they are not that stupid. Otherwise, who would dare to cooperate with them in the future?" Old Soros said.
“Even so, Goldman Sachs will definitely reveal our identity to Hanhua. This is a powerful enemy.”
"As long as you are involved in this kind of thing, you can't hide it. It's just a matter of time. And we don't need to be afraid of a financial newcomer."
Listening to his father's proud tone, Alexander Soros frowned slightly. .
Since his defeat in Xiangjiang in 1997, my father has hated everything related to China.
And as I grow older, this hatred not only does not disappear, but becomes more stubborn. That's why he got himself into Larry Ellison's party.
But Alexander Soros is not optimistic about this showdown.
It’s not that he thinks Xu Liang and Hanhua are invincible, but that the current international situation is not good for them.
A war may break out in the Middle East at any time.
By then, oil prices will rise to the sky.
In other words, their enemies are not only Hanhua, but also the US government.
He hesitated.
"Father, should we wait and see the situation in the Middle East before making a decision?"
"Alexander, I understand your concerns. Don't worry, I have already asked my old friends in Washington The war won't start for at least two months.
This long time is enough for us to decide the winner." Old Soros looked confident.
But Alexander didn’t buy it.
My father's old friends have long since left the core of power with Clinton's resignation, and the Bush family's shogunate does not buy their fault.
Seeing that there was no way to make his father change his mind, Alexander sighed inwardly and hung up the phone after a brief chat.
——
Loren Manor, London.
As everyone from Hanhua Capital left, the once noisy manor became quiet again.
Xu Liang sat in front of the window looking at the scenery in the distance and sighed.
He originally planned to keep Jiang Xiaoyang and others working here to avoid the upcoming domestic epidemic.
But then I thought about it and forgot about it.
When others don't pay attention to you, if you impose rules, the other party will not only not be grateful, but will also cause resentment.
Let them be.
‘Ding ding ding…’
The phone’s ringtone suddenly rang.
Looked at the caller ID and picked up the call.
"John, why did you remember to call me?"
"Xu, I heard that you have been in London for a long time, why didn't you come to Standard Chartered to have a look?"
"Haha, that's your territory. What if people misunderstand me if I run over there?"
John Humphrey smiled and said: "Let's have dinner together tonight, I'll treat you. "
"No problem, where is it?"
"I heard you bought a new manor, do you mind if I go for a walk?"
"Of course you don't mind. , but let me emphasize, I rented Loren Manor, but don’t you want to treat me to dinner? Why does it sound like I’m treating you?”
"Yes, I treat you and you pay."
Xu Liang was stunned for a moment. Isn't this a line he often uses?
"John, you are wrong, how can you steal my words?"
"In the words of you Chinese people, this is called doing as the Romans do. But don't worry, this meal I won’t eat for free, and I promise to give you a satisfactory reward afterwards.”
Xu Liang frowned slightly, sounding like there was something in his words.
"Okay, let's talk about it for now, let's see you in the evening."
"Okay, see you in the evening."
After hanging up the phone, Xu Liang showed a trace of thought on his face.
After a moment, he shook his head.
“Forget it, no matter what the purpose of this guy is, it will be clear by night.”
Put down the phone and press the landline on the table.
Not long after, Lu Hui knocked on the door and walked in.
"Mr. Xu?"
"Instruct the kitchen to prepare a sumptuous dinner. Also, tell the guards that someone will come over in the evening and ask them to pay attention."
"Okay."
Xu Liang waved his hand, and Lu Hui turned and left.
Go back to the computer and pick up the 2002 report of Hongyan Fund.
As his family fund, Hongyan’s current investments are mainly divided into two parts.
Private Equity and Real Estate.
Private equity is divided into ten parts.
Apple 14.9%.
Amazon 15.2%.
NetEase 17.5%.
Sohu 18.3%.
Tencent 31%.
Yahoo Japan 10%.
Ali 42.3%.
Moutai 14.7%.
Wuliangye 11.3%.
Standard Chartered Bank 16.8%
All these shares cost him US$4.3 billion when they were originally acquired.
Two-thirds of it was bank loans, and he only took out $1.86 billion in cash.
The money earned from shorting Enron and military stocks in 2001 was basically invested here.
It took more than a year.
Most of these stocks have risen a lot.
With the popularity of the iPod, Apple's market value has exceeded 10 billion US dollars from less than 5 billion US dollars at the beginning, and the future is bright.
Amazon is a little worse, but it is also out of the quagmire.
NetEase's stock has risen with the development of its gaming business, four to five times higher than when Xu Liang originally acquired it.
(End of this chapter)