American Fortune Life

This is a deal worth waiting for a lifetime.

Andy extremely agreed with this sentence. He stared at the picture in his hand. He believed that Wall Street and even a large number of professional researchers across the United States would draw and stare at such a trend chart. There is even a best-selling book in 05. Full data was given in the year, and a clear warning was given on the rise in house prices after 2000.

Unfortunately, most people succumb to trends and lose common sense.

Even Federal Reserve Chairman Ben Bernanke directly stated in a recent public occasion: "We have never experienced a decline in house prices nationwide!"

You must know that Bernanke is an expert on the Great Depression. He is a person in a high position and should be in the position of the highest macro manager. He should be aware of the risks, but he is aware of what is happening in the market. , The understanding is still not enough, and eventually misjudged.

The same form is worthless in the hands of those who know it, but worthless in the hands of those who don't.

Andy has never relaxed his study of financial knowledge. His requirement for himself is not to be an expert, but he must be involved extensively, be able to understand all financial statements, financial charts, and have a systematic understanding of all financial terms. Other tasks are naturally done by his think tank.

This chart is based on the hypothesis he put forward. The results obtained by think tank analysts day and night based on academic, government literature and market data are basic research that clearly reflects the distortion of the US real estate market. .

Andy sat at his desk alone, his brows stretched out, took out a cigar from the Jing Mei box on the table, slowly roasted it, then lit it, took a sip, half an hour before the meeting, To be honest, his psychology is not so calm. Although he is a traverser and has eyes to see through the future, it also confirms that in this world, the irreversible crisis of the subprime mortgage crisis has occurred. One bet, this is not hundreds of thousands or millions of funds, but hundreds of millions of dollars in chips. You can be calm and indifferent to ghosts.

In his previous life, the technical dead house that even had to borrow a house to buy, now he needs to bet hundreds of millions to gamble, even if the success rate is extremely high, it is a kind of torment before falling into a bag. This is not the fund on Wall Street The company is playing with other people's money. Every piece of money invested in the market is his hard-earned money.

Keep a heart of awe and vigilance. Andy never thinks how aggressive he is as a traversal. He can rely on prophets to succeed more than most people, but he is not a **** and can't crush everything after all.

Shorting is a very dangerous thing. On the short list of dead shorts, there is never a lack of successful gangsters, adventurers who are eager to succeed, and pioneers who fall before dawn. Andy has to test his confidence, because there is a long waiting period for this bet, and 6 months of suffering.

This is not a novel. It can be carried in one stroke. Whatever white horse has a gap, in the blink of an eye, life must pass every day.

drop. . .

"Boss, it's time for the meeting ..."

"Well, I know!"

Andy turned off the answering machine, pressed the cigar, took off the suit from the hanger and put it on. He came to the coat mirror, pulled the placket, straightened his body slightly, his mouth turned up, and a confident sunny smile appeared on his face. He is a decision maker and a funder, but his subordinates are the ones who really charge ahead. He can decide the goal dictatorially, but also needs his subordinates to know their intentions and understand the goals to be achieved. Every link cannot Something went wrong.

I opened the door and walked out of the office. I turned my head and glanced at the young secretary in glasses who had taken off the heavy makeup on her face. She could not help but brighten her eyes, and she looked a bit like Princess Kate. The exaggerated texture of the pinned fly is much more pleasing to the eye.

Tory looked up cautiously and glanced at him, looking exactly at the stare of Andy's examination, his face flushed slightly red.

"Now this makeup looks good ..."

After Andy spoke lightly, he stepped forward to the conference room. The little secretary looked at the back of his departure, took a sigh of relief, stretched out his hand and patted his tall little breast. It seemed that his work could be kept, and there should be no problem.

Pushing open the door of the meeting room, everyone stood up from their seats, greeting in a mess, Andy nodded with a smile on his face, motioned to the top of the oval conference table, and said, "Sit down! "

After watching everyone seated, Andy lifted his chin slightly, and Joseph standing at the door nodded silently, took the door from the outside, and sat on the lounge chair next to the door of the conference room with Kenny.

"Before the meeting, please sign an agreement, Tom." Andy set his sights on Tom, the chief lawyer of the think tank, who nodded, took out a stack of documents from the paper bag, and handed them to himself. Assistant, let him distribute it.

Bardstone looked at the confidentiality agreement in his hand, and frowned slightly, but without hesitation, picked up his brush and signed his name.

Andy always had a faint smile on his face, watching everyone sign his name. After Tom's assistant retracted the agreement, Tom checked it and nodded at the eyes that Andy had cast, making sure there was no problem.

"Ah, some of you will be curious as to why you should sign a confidentiality agreement. Of course, some people have already signed it and participated in the preliminary work of the whole thing. The next two years we will discuss the investment plan for the next two years. This plan is very ... how do you say, uh, it will be crazy! Don't be surprised for a while, then, Al, I'll leave it to you. "

Andy gave a slight cough, attracted everyone's eyes, explained with a serious expression, and then nodded to Alvetrie.

"Okay, boss." Said, Al stood up from his seat, came to the projection screen, and gestured from a person sitting in the corner. In the meeting room where the curtains were closed, the lights were turned off. , Even more dim, leaving only the light of the projection screen.

"After the boss formed the think tank, the boss made a crazy point with me. The reason why I said crazy was based on my thoughts at the time, because this point was that the US real estate market collapsed!"

Al's voice just fell, and the attendees of the Free City Company could not help but change their face. Bardstone was so sinking in water. He knew this. After all, Andy first proposed this view with him, but he was I have also done some surveys, but I am not so pessimistic. I believe that the decline in real estate may occur in the short term. If you want to say collapse, you do n’t believe it.

The attendees are all experts in finance. They are very aware of the danger of this view. Of course, it is not new to sing down American real estate. Some people have been singing about it in 2005. Various alarmist views have appeared from time to time. Especially in September of last year, several people on Wall Street were selling insurance bonds that burst the real estate bubble here, especially the inexperienced fund manager Michael Bray, who flickered customers everywhere, raised funds, and bet against Deutsche Bank. Invented a new financial derivative, which became the subject of Wall Street teasers.

The reason why it is dangerous is because his boss seems to believe this set of statements, and today the meeting that needs to sign a confidentiality agreement seems to start around the collapse of the real estate.

After everyone calmed down slowly, Al continued: "Based on the boss's point of view, my team and I compiled the detailed information from 1975 to 2000 and finally came up with this real estate trend chart. The blue line is that inflation is not excluded, and the red line is that inflation is excluded. The trend is very clear. The bubble in the real estate market is indeed very large. The recent decline also indicates that the bubble has burst ...

"This is not possible! All rating agencies have not downgraded the ratings of the two major real estate companies. The real estate stocks in my hand have risen slightly in the event of a slight market decline. Federal Reserve Chairman Ben Bernanke has just confirmed ..."

One of the management of Liberty City Investment Co., Ltd. was spoken by Andy himself. He is very good at real estate stocks and has made a lot of money for the company before. He doesn't believe in the burst of the real estate bubble. However, although he didn't believe it, his face became a little ugly and flustered, and he was still very worried that things would really happen.

Bardstone turned to look at him, and frowned slightly, looking back at the young boss who had no change in expression on his face.

"Haimer, you know better than anyone else that there is a huge bubble in real estate. After all, you can be regarded as an expert in this area. You just don't want to, or you intentionally ignore the risk of a bubble burst." Andy's eyes He stared sharply at Haimer's rebuttal, speaking calmly.

"Boss, I ..." The expression on Haimer's face was very ugly, and he wanted to explain something, but was interrupted by Andy and said coldly: "At this time, Wall Street has been kidnapped by mortgage bonds. Under the background music of "House prices will always rise", common sense and risks are left behind, and it is the kingly way to make money. Is it strange that rating agencies lose justice? "

Andy didn't deliberately target Haimer. After all, Haimer's views basically represent the views of the majority of Wall Street JING British people. They only have the opportunity to make money. As for the risks, let's talk about it when the crisis comes.

"Mortgage driven by mortgage company interests, aggressive public leverage, wall street investment bank frantic packaging deals, ratings agencies' eyes closed, it is difficult for me not to make the point that the bubble is about to burst, so, next Listen patiently to Al, because this is very important. I need each of you to understand what this picture you see represents. This is a chart worth tens of billions of dollars! "