Hollywood Hunter

With the ever-growing Westeros system, many things happen almost every day that may affect the lives of ordinary people.

That was the case on March 25.

This is a Friday.

The aftermath of Monday’s Oscars ceremony has not yet dissipated, the dispute between the Westeros system and the Hearst family continues to ferment, and the rebound in the stock prices of Cisco and AOL has driven the entire technology stocks sector, leading to heavy losses of short hedged capital.

At the same time, on this day, Daenerys Records' Backstreet Boys group, which has released three singles from the end of last year, officially released the album of the same name "BackstreetBoys".

The three singles have allowed the group to accumulate a good reputation. The press conference on the second floor of Daenerys Studios on Friday morning was very lively. Not only fans from all over North America, but also many singers, movie stars and entertainment stars Supermodels join in.

EA, a subsidiary of Daenerys Entertainment Games, headquartered in San Francisco, and Facebook under Eaglet also jointly launched the social casual game "Happy Farm" on this day.

This social game that has attracted a lot of users' attention during the closed beta stage was directly recommended on the homepage of the Eaglet portal. The game was officially launched at nine o'clock in the morning, and the number of activated users soared, and the growth rate far exceeded EA and Facebook. The expectations of the two operating teams.

On the other side of the Atlantic, Nokia officially released its 1993 financial report on this day.

In 1993, Nokia’s mobile phone products were fully launched in Europe, North America and Asia. A total of 7.23 million mobile phones were sold worldwide, surpassing Motorola’s 6.39 million annual sales, becoming the world’s largest mobile phone manufacturer and occupying the past Approximately 38% of the global shipments of 19 million mobile phones a year.

Even if the expansion of the base station equipment business was appropriately slowed down in order to fully develop the mobile phone business, Nokia's annual revenue in 1993 still reached 16.9 billion Finnmarks, equivalent to 2.45 billion US dollars, a year-on-year increase of 65%. Compared with the loss of more than 60 million US dollars in 1992, Nokia's 1993 annual net profit was 1.925 billion Finnmarks, equivalent to 279 million US dollars, and the net profit rate was 11.3%.

London time was eight hours earlier than Los Angeles time. Simon stepped into the office on Friday morning, and the London Stock Exchange on the other side of the Atlantic had closed.

With the release of this stunning financial report, Nokia's stock price rose again by 2.1% that day, and its closing market value reached 10.1 billion pounds, equivalent to 15.6 billion US dollars. From the beginning of the month to the present, in about three weeks, the cumulative increase in Nokia's stock price has reached 17%. , The current price-earnings ratio is as high as 56 times, which shows the capital market's pursuit of this emerging mobile electronic equipment manufacturer.

However, in recent days, the North American financial media suddenly discovered another focus.

Unknowingly, Cersei Capital, which has become a behemoth on Wall Street, has made much money in the past year?

You know, only in the last week, Cersei Capital’s Cersei Fund Management Company relies on long positions in technology stocks that may exceed tens of billions of dollars. In the process of the overall rebound of technology stocks, it has recovered from the huge book value accumulated in the previous few weeks. The loss turned into a substantial profit.

As a completely private hedge fund, the operation of Cersei Fund Management Company has become more and more secretive in recent years. Therefore, except for a few “insiders” who have been paying close attention to the operation of Cersei Capital through certain non-compliant means, most institutions and media There is no way to know the specific operating status of Cersei Fund Management Company, and if more accurate data can be probed, it will not be announced rashly.

Everyone is just affirming that in the past week, Cersei Fund Management, relying on its huge position and this sudden rebound in technology stocks, has achieved a profit of at least US$500 million. In other words, in just one week, only Cersei Fund Management, one of the three subsidiaries of Cersei Capital, has a profit figure that has exceeded the rapid growth of Nokia's annual revenue.

It is not without reason that the US financial industry can explode rapidly after the 1990s.

Because it is indeed too profitable.

At least, in the eyes of most novices who think they can kill the Quartet in the financial market, the financial market is really too attractive.

Prior to the 87-share disaster in which Simon became famous in World War I, the total size of global hedge funds was only about 30 billion US dollars. In just a few months after the 87-share disaster, this number quickly doubled. Now more than six years later, the total size of global hedge funds has exceeded 300 billion US dollars. Even if he does not believe in the comparative data, Simon can be sure that this number is far beyond the same period in the original time and space.

Because in recent years, Simon's Cersei Capital, Soros's Quantum Fund and other famous hedge funds have made huge profits in several financial turmoil, which is difficult for many capitals to resist.

Moreover, the total size of the US$300 billion hedge fund is far from reaching its peak.

In Simon's memory, before the 2008 financial crisis, the peak value of global hedge funds reached 1.95 trillion US dollars, which is only a statistical figure. Because most hedge funds generally use offshore registration methods for secretive operations, the actual total size may easily exceed 2 trillion US dollars.

Including the current global total size of 300 billion US dollars of hedge funds, it is therefore a significantly lower number.

Simon certainly knows the profitability of Cersei Fund Management Company in the past week. As of the close of trading on Thursday afternoon, the specific profit figure is not far from the outside forecast, which is US$540 million.

Moreover, from a huge loss of US$610 million on the last trading day of last week to a profit of US$540 million on the second floor, this kind of ups and downs can actually test the heart of the trading team. The total size of Cersei Fund Management is still only US$5 billion, and the book loss of US$610 million has reached 12% of the principal.

If it were not for the unswerving support of Simon and Janet, the trader team would probably liquidate and stop losses at a loss of about 10%. In addition, fund executives suggested increasing short positions to hedge risks. It is conceivable that if the above operations are implemented, with the turnaround of technology stocks this week, the book numbers of Cersei Fund Management will be very bleak.

Frankly speaking, the hedge fund field is similar to gambling. Only a few people can make a profit, and most of them have already lost money. Moreover, the hedge funds that have created brilliant operations may lose their money in a certain operation.

Different from the speculative operation during the 87 stock market disaster and the Gulf War, Cersei Fund Management's current trading model is exactly the same as the operation in the most recent stage of the Japanese stock market bubble. Although it targets individual stocks, it is still similar to macro hedging. Simon ignores the short-term fluctuations in the technology stock market, instead betting firmly on the long-term.

The Nasdaq index in memory broke through the 5,000-point peak in one fell swoop at the peak of the Internet bubble.

Now, although many people think that there is already a bubble component in the technology stock market, in fact, as of yesterday's close, the Nasdaq index is only 1519 points.

Simon is not greedy. For this long-term operation, he intends to decisively withdraw from the Nasdaq Index at around 3000 points, and will not turn to shorts at that time.

If this time-space Nasdaq index can still break through 5,000 points, Simon does not regret missing the last 2,000 points of profit margin. One of the main reasons for the failure of many hedge fund managers is greed and not knowing enough is enough.

On the other hand, if the Nasdaq index this time turns to collapse before reaching 3000 points, Simon will not regret it either. Shopping malls are like battlefields and have never been foolproof. This potential unknowable risk must be assumed.

Of course, even if it does not reach 3000 points, there is only about 1500 points in the Nasdaq stock market at this time. The temporary decline in a few weeks will not affect Simon's confidence in the slightest, so he has never thought about liquidating the position at a 10% loss. Stop loss, and did not consider the establishment of short hedge risk.

In just one week, the book profit reached 540 million US dollars. It is true that Cersei Capital’s profitability in the past 1993 will be terrifying.

The fact is also true.

Not to mention Apollo Management Company and Black Rock Asset Management Company, it is just a subsidiary of Cersei Fund Management Company. In the past year, as several core technology stocks in North America have doubled their growth, they have unswervingly longed for technology stocks. Betting that the cumulative profit in 1993 was as high as 3.4 billion US dollars, easily surpassing the giant Daenerys Entertainment.

Of course, this profit belongs to all investors.

The capital composition of Cersei Fund Management Company has been changing. In terms of the hedge fund size of about US$3 billion last year, the Westeros family accounted for US$1 billion, the Johnston family US$500 million, and the other 1.5 billion. U.S. dollars are subscribed by a large number of stakeholders in the Westeros system.

It is definitely not without reason that Simon can build Australia into the backing of the Westeros system in just a few years and establish a deep political network in North America.

Benefits are definitely the most solid bond that binds the network of people.

Not only the Westeros family’s political ‘basic disk’, including the White House, took away $300 million in subscription shares from Simon. Of course, this part of the subscription share was not invested by the Clintons personally, and the two did not have so much money at all. Instead, Clinton used it as a ‘favorite’. This also indirectly added a network to the Westeros family.

Moreover, if there are no such concessions, not to mention the return of contacts, out of jealousy about the huge profits of Cersei Fund Management, there will definitely be people who will call the federal regulators to initiate an investigation of Cersei Capital.

In fact, Cersei Capital's development in recent years has been smooth sailing.

Black Rock Asset Management quickly expanded to nearly $200 billion in asset management. Such a huge asset, if placed in other countries, has already aroused the vigilance of the authorities, but the reality is that Cersei Capital and the US government are in peace.

To a large extent, Cersei Fund Management Company's "credit".

According to this proportion of funds, there is also Cersei Fund Management's own fixed rate of 20% of profits. After the liquidation at the end of last year, the income attributable to the Westeros family, including the principal income and the bonus, total Reached US$1.46 billion, which is equivalent to 42% of the total revenue of US$3.4 billion. After removing commissions and fees and other expenses, the Johnston family received US$430 million, accounting for 12% of the total profit. Only the two took away. 54% of the profit share, and the remaining 46%, will be shared by many other investors.

Even so, more than 80% of the net income before tax in a year has already exceeded the returns brought by most other investment methods.

Because most of the funds are kept in offshore accounts, as long as investors from all parties do not transfer the funds back to the country, there is no need to pay taxes. As for whether they are willing to declare, that is not what Simon needs to care about.

Of course, Simon did the declaration, but he would not be so stupid as to declare all of it. Instead, he only gave out half of the money, and he did not intend to transfer the money back to China.

As for the entire Cersei capital level, the other two subsidiaries’ net income before tax attributable to the partners in the past year is US$370 million for Apollo Management and US$590 million for Black Rock Asset Management. In fact, no investment is considered. People’s income, the net income before tax attributable to partners of Cersei Fund Management Company is only about 560 million U.S. dollars, and the total of the three companies is 1.52 billion U.S. dollars, which is equivalent to the annual profit of many tens of billions of dollars in corporate giants. scale.

Moreover, because many businesses are located in the United States, this part of the proceeds cannot be used for tax avoidance.

Cersei Capital, the parent company controlled by the Simons, currently holds 70%, 63% and 41% of the shares of Cersei Fund Management Company, Apollo Management Company and Black Rock Asset Management Company, and even the smallest holdings of Black Rock Assets The management company also retains a veto.

According to this shareholding ratio, only the Simons and his wife can take most of the income of the three companies in the past year, excluding the hedge fund share of Cersei Fund Management’s total income of $1.46 billion. The other two subsidiaries , The sum of the income attributable to the Simons has reached 470 million US dollars.

After completing the tax settlement of the domestic income and dividends, in 1993, the three subsidiaries of Cersei Capital brought cumulative net income to the Westeros family of 1.71 billion US dollars, and the scale of profit was second only to the large-scale Daenerys. Entertainment Group.

It is conceivable that once Cersei Capital's financial data is made public, it will definitely attract a large number of people again to condemn Simon's personal wealth for too fast increase. After all, unlike other industries that can bring a lot of jobs and taxes, Wall Street is often a very negative symbol of evil in the hearts of most people.

Because the woman and the children were not around, Simon arrived at the office before eight o'clock this morning.

According to Girl A’s carefully arranged work schedule, we dealt with all the affairs of the Westeros system one by one. At noon, we hosted a banquet for Otis Chandler, the representative of the Chandler family behind the Los Angeles Times Group, in the restaurant inside the studio. , Discuss the cooperation between the two parties.

In these days, the Westeros system quickly reached a cooperation with the New York Times Group and went to war with the Hearst Group, which attracted strong attention from major traditional media groups in the United States.

Especially the "Wall Street Journal" article, "Do you want to be a friend or an enemy?" After the publication of the article, many established paper media have come into contact with the Westeros system.

Simon does not intend to choose too many partners in a single brain. After all, he still has to protect the interests of the news and information team within the Egrets portal. Therefore, only four companies are planning to cooperate. The New York Times Group, which has just determined its inclination for cooperation on Monday, already has News Corp., the Los Angeles Times Group controlled by the Chandler family, and Dow Jones, the parent company of The Wall Street Journal, hosted today. The four companies have been carefully considered and have their own goals and plans.

After lunch, I sent Otis Chandler away. Simon had just returned to his office. He had talked about the Backstreet Boys album release in the morning and the officially launched "Happy Farm". He was about to participate in the upcoming "Junk". Luo Ji Park 2" internal production meeting, his personal cell phone suddenly rang.

The caller surprised Simon, Anthony Johnston.

What is even more surprising is that Anthony said that he and Raymond Johnston were about to arrive at the Dome Point Manor and hoped that Simon would also go home.