American Fortune Life

An excellent investment plan is inseparable from a process, "hypothesis-argument-fundraising-betting-waiting-harvesting".

Now he is pointing to the side of the projection screen to show the charts and the information he has investigated around during this time to demonstrate the possibility of the boss's hypothesis to everyone.

"We spent money to hire several investigators, and we went to some real estate projects in various states to do investigations. The news that came back was surprising, because there was no money to pay the bank loans, and weeds were overgrown in many houses. , people go to the empty buildings, and there is even a block where most of the houses have been occupied by homeless people, and the owners who originally bought the houses with loans have long since disappeared.

Even so, those house sales agents are still desperately encouraging people who have no ability to pay to buy a house with a loan. Can you imagine that you can buy a house with a loan without any mortgage or procedures? There are many speculators in the market who get several houses with 0 down payment and want to resell them to earn the price difference. With the decline of the real estate market, the houses in the hands of these people cannot be sold at all, whether they have the ability to repay the bank loan, You can only throw it in your hands or simply run away, throwing this burden on the bank. "

Everyone in the conference room listened to Alvetrie’s introduction with solemn faces. Data were displayed one by one, and photos of overgrown weeds and desolate swimming pools all showed everyone a problem. On the verge of collapse, when all the hidden debts and problems are exposed to the world, that is, when the bubble bursts, there is opportunity in the crisis.

Everyone couldn't help trembling slightly in their hearts. Their eyes were fixed on the little boss with a calm expression on the first seat. The boss who discovered this problem early may be the biggest beneficiary. As for whether this is the result of ordinary people and people from other countries? Nightmare, that's not something they should consider.

"Shorting real estate, we need an appropriate tool, otherwise the risk-return will be extremely mismatched. Boss, have you taken a fancy to the financial tool cds?" Bardstone has been convinced by all the data presented, and the facts are stronger than Eloquent, remembering the night when he first met the boss, that was the first time he asked himself if he recognized Michael Bray. Could it be that the boss had already discovered the problem in the real estate market at that time?

"Yes, it's cds!" It wasn't Andy who answered him, but Alvetrie who had changed another projected picture, and everyone's eyes turned to Al again.

"Everyone here should be familiar with this CDS. After all, in the past few months, this financial tool and its inventor, Michael Bray, have been the laughing stock of the entire Wall Street, but today I want to tell you that this is also a risk -A financial instrument with almost perfect income." He started to explain on the projection screen with the laser pointer in his hand, and of course most people could understand it.

"Taking the assets of the boss as an example, with a principal of 500 million US dollars, you can buy 6 billion US dollars of CDS products targeting BBB level, but you don't need to pay 6 billion US dollars, but pay 1% of the 6 billion US dollars in premiums every year, 6000 10,000 U.S. dollars, and the money can be stored in the bank before paying to get 5% interest, that is, 30 million U.S. dollars in interest, so that the first year only needs to pay 30 million U.S. dollars, plus the annual commission of 10 million U.S. dollars, 500 million U.S. dollars The product loses up to 8% a year, but it can theoretically earn 1200%!"

As soon as Alvetrie's words fell, Andy stood up with his hands on the table, glanced at everyone with incomparably sharp eyes, and shouted excitedly: "This is the best deal ever! Because it is absolutely impossible to last Pass this year!"

To be honest, Andy was almost killed by the foresight brought by his time travel before! After all, he was a programmer in his previous life, and he knew almost nothing about the financial market. He knew about the subprime mortgage crisis and the US real estate crash.

It was because of this movie that he was almost killed. After recalling this movie in a supernatural state,

After all, the movie is based on real people and real events. He really took it seriously. He began to feel that it is a pity to invest 500 million U.S. dollars and earn at most 2 billion U.S. dollars in two years of busy work in 2007 and 2008. Still acceptable.

But when Alvitre calculated the losses and profits in the office before and showed him, damn, his liver was trembling, 6 billion, this sum of money was bitten by the bank in 2008, 10 billion really It's not a dream, it's all fake if you're not excited, that's why he worries about gains and losses, and he worries about his opponent's counterattack.

Andy understands very well that when he suppresses all his wealth as a bargaining chip, all that remains is to wait and suffer. An object with a very large momentum can only change its original trend after a very intense resistance, and it will take longer to turn around. Fortunately, he knows how long it takes.

Don’t think that short sellers like Andy will be able to make money when the default rate rises sharply and housing prices begin to turn around. They will also face the final resistance of the entire system. This resistance is extremely strong, and even makes many people on the short side doubt Whether your decision is correct or not, you will die at the darkest moment before dawn.

When the crisis finally breaks out, it does not mean success. Before the money is in hand, it is not considered a success, because many forces will jump out to put pressure on individuals and institutions that hold CDs, and buy them from them to reduce the bank’s losses. , Of course, these pressures are not a problem for Andy, he can completely ignore them.

Everyone looked at the young boss with greedy eyes flashing like a hungry wolf who chose to eat people, and couldn't help but feel for the first time the ambition and cruelty of this young man who always smiles with confidence and sunshine on weekdays.

A nightmare for ordinary people in the United States may even trigger the global financial crisis as an opportunity to grab wealth. Of course, they are all Wall Street people. No one is not greedy, and the slightest emotion produced is nothing more than crocodile tears , Andy doesn't have the slightest attitude of compassion, damn, Lao Tzu's soul is from the Celestial Dynasty, whoever cares about the life and death of ordinary people and earns wealth legally, no one can criticize, but everyone here will see When looking at the eyes of the little boss, there was an extra sense of awe.

In fact, there are many people who find that the real estate bubble is in danger of bursting. It can be said that there are tens of thousands of people. More and more big homebuyers smell the coming crisis, but these people have no way to directly short the US real estate market.

Because cds will never be sold on the open market, ordinary investors can't even touch the threshold.

"Bud, you can solve the ISDA threshold problem, no problem?" Andy asked, turning his gaze to Bud Stone, who was thinking about something.

"No problem, just a phone call away. In the past, we were not interested in these junk bonds. After making a fortune in the futures market last time, the International Swaps and Derivatives Association sent us an invitation letter." Bades Tong nodded in response.

"That's good. After all, we have not passed the ISDA threshold, and we cannot trade CDS! Except for the main members of my think tank, everyone here is the senior management of Liberty City Investment Company. The reason for holding this meeting is, It is to let everyone understand my intention and plan, and then implement it. In the next period of time, I need you to earn and withdraw funds to the greatest extent. In one month, we will invest all funds in On cds, at the same time, it can be regarded as an advance notice to everyone here, I hope you can prepare early to avoid losses in the upcoming storm, everyone, the next step is up to you!"

Andy watched everyone leave the conference room with sinking faces, and smiled at Alvitlie and Budstone who stayed behind: "Come on, go to my office and have a cup of coffee, there are still some things to discuss .”