Wall Street Legend

  Chapter 359 Shot target

   In the morning meeting, Walter Durant had a stomachache and remembered to go to the bathroom, and it was hard to leave now.

Seeing that Ye Dongqing handled it so quickly, thinking about dying early, he said, "How about Google's stock? It has been very popular recently. Considering the growing number of users and the increase in advertising performance, it may rise in the short term. Since its listing, the increase has reached as high as 13%, and various institutions are full of enthusiasm for it.”

After hearing this, her eyes lit up. Since Google went public in August this year, Ye Dongqing has rarely paid attention to this company. Although it is a competitor of Facebook in the advertising business, the development directions involved are different. The competition in China is not big, and the social program launched by Google has long been suppressed by Facebook, and few people mention it again.

I feel like I’m in the dark. It’s true that I own part of Google’s stock, but I’m not a member of the board of directors, and I haven’t used insider information to speculate short-term. This company can definitely be invested, and the growth potential is quite good. You can use leverage to make money. last wave.

Before the employee named Walter Durant could continue, Ye Dongqing pointed at him with a smile on his face and said: "Very good suggestion, come to my office later to continue to elaborate, I will I am very interested in the stock of this company, and I have already made two suggestions, is there any more? You must know that the business volume is directly linked to your income, as long as the project can make money, everyone will not make less money!"

  Google, other things are not mentioned, but this company is enough to make a good start, and it is still the kind of high-quality investment target that can be harvested repeatedly.

  The stone that was pressing on his heart disappeared immediately, and his mood suddenly improved.

  The word "bonus" was very tempting, someone raised his hand again immediately, and after being clicked by Ye Dongqing, he threw out Yahoo, a very boring proposal, which was rejected on the spot.

Hedge funds are just a way of trading. Recently, they have been regarded as a way to manage money without losing money. In fact, it is more like a gimmick to deceive investors. Traditional funds can also use hedging, transposition, hedging, and hedging operations. On the contrary, hedge funds can also invest in the same long-term as ordinary fund companies.

  In the 1990s, due to the rise of the Internet and the steady economic rise that triggered a big bull market, a group of new wealthy classes were created, and hedge funds bloomed everywhere.

Nowadays, traders and investors pay more attention to hedge funds because hedge fund companies have been emphasizing the income distribution model with consistent interests, as well as investment methods that can "outperform the market". More and more investment strategies are emerging, including credit arbitrage, junk bonds, fixed-income securities, quantitative investment, multi-strategy investment, etc. The total scale of management in the industry has exceeded one trillion US dollars. Due to the low threshold, the ability and quality of hedge fund companies vary. .

Investors value income, while many hedge fund managers value the principal they invest. Even if they manage only 10 million US dollars, they can earn 200,000 US dollars a year by charging management fees. Dead mouse, if you make money by doing it wrong, you can make more money. How much can you make by working for others? Wouldn't it be more comfortable to be your own boss?

Ye Dongqing aims at high-end investors. The law stipulates that the number of investors in a hedge fund can only be less than one hundred, and the investment threshold is one million US dollars. The main purpose is to avoid risks and prevent ordinary people from suffering heavy losses. His hedge fund The company said that the initial investment was one million US dollars, but apart from the executives in his own company, other investors brought at least 10 million US dollars before he would consider helping with the management.

  There is too little money and there is no need to waste time. He feels that his current life is not so worthless.

The company has just started, and the internal employees are also in the running-in period. Many people have not guessed Ye Dongqing's mind, and some small companies have also been proposed, which may make a profit of three to five million US dollars, but he doesn't like it. You can let the employees under your hands try it for themselves.

Because of Walter Durant's proposal, Ye Dongqing not only thought of Google, but also the Nasdaq index. Before the meeting, he had no clue. At this moment, he felt that the money in his hand was too little, and he couldn't wait to win over more people. More investors come to share the cake with me, and while I make money, I also give up part of the benefits.

  Large-scale funds currently do not charge any management fees, which is enough to show his confidence that he can make profits only when he helps investors make money.

After the morning meeting was over and Ye Dongqing returned to her office, she felt a little unbalanced psychologically. The "2" in the 2+20 system might be hard to get, so she wondered if she should wait until she made some achievements. There are precedents in the market for increasing the profit sharing ratio, and some well-known hedge funds can indeed earn more.

   I want to return to my thoughts, and I don’t plan to implement it yet, and I am going to take it step by step.

Ask someone to send Google's performance data for the past three years, and check the index fluctuations since the establishment of Nasdaq. It has been rising in the last century, reaching a high at the beginning of this century, and then a big dive. Don't look at it. It's just a line graph, and the interests of countless people are involved behind it. Ye Dongqing can't help feeling the golden age of the Internet in the 1990s.

There must be risks. The current polarization in the Nasdaq market is very serious, which has dragged down the index. It is currently hovering around 2,100 points, which instantly makes him retreat. He is only going to choose some that perform well. The stock to start with.

   There are many ways to hedge a listed company, such as hedging with stocks and funds.

  Investing in stocks, the most worrying thing is that the stock price will fall when the position is full, and rise when the position is short. In this regard, before the launch of stock index futures, if the stocks and funds are hedged, the appearance of this frightening situation will be alleviated.

The so-called hedging of stocks and funds, to put it bluntly, is to adopt a compromise method, that is, under normal circumstances, no position is full or short at any time, and there are both stocks and funds at any time. In addition, there are stock index futures For hedging, Ye Dongqing feels that hedging the Nasdaq index now is simply throwing money for nothing.

   After thinking about it, I finally invested in Google with seven layers of positions, and used financial leverage to bullish it. Not long after I ordered it out, I heard that I had bought the order as required, and the transaction was completed through a subsidiary of Citibank.

In addition, five million U.S. dollars were also used as a margin to short the ruble with leverage. If the Fed's next move is large enough, it is likely to make the "polar bear"'s already bad economic situation worse. To be honest, Ye Dongqing is very concerned about this The order is not very sure at all.

   It is precisely because of this that I feel a little exciting...

  (end of this chapter)