Feng Yu's worries turned out to be true. His company had the largest amount of short selling in the US stock market. After this incident, the stock market plummeted, and Feng Yu's company also made huge profits.
However, Feng Yu is from China, not the United States, and Feng Yu's influence is not small, so Xiaobu only sent people from the securities regulatory department to understand the situation.
"Mr. Feng, we are just doing a routine thing. I hope you can understand." Tony Thomas bowed slightly.
Feng Yu leaned on the sofa and tapped Erlang's leg: "Understood, of course I understand. You can ask whatever you want. By the way, I still want to take out those recording equipment."
Of course, Feng Yu's office also has equipment for detecting electronic equipment. Although it is not at the level of an agent, ordinary equipment can still be tested.
The other party sneered, took off the watch, and handed it to Feng Yu's bodyguard to take it out. When he came in, he had already undergone a slightly humiliating pat-down.
"Mr. Feng, we are very curious, why did you short-sell the Nasdaq stock index in large quantities this time?"
"What do you mean?" Feng Yu asked displeasedly.
"Mr. Feng, this time the stock market fell sharply, including Mr. Buffett, everyone suffered heavy losses, but your company made a profit..."
Feng Yu interrupted the other party: "You mean, when others lose money, I have to lose money? What kind of financial broker is needed? Everyone can just follow the market. Are you really working in the securities department? Are you not a fake? "
The veins on Thomas' forehead are about to pop out. Am I an imposter? When I came in, your bodyguard just went through my underwear and made so many phone calls to verify. Don’t you know who I am
But he also knew that the question he just asked was indeed inappropriate. Buffett is indeed revered as the God of Stocks, but Mr. Feng Yu is also revered as a financial investment wizard by many people.
During the Asian financial crisis, it was said that this person made the most money. And it was only after that time that he climbed to the top of the Forbes rich list and climbed all the way to second place.
If it were something else and this person had made money, they wouldn't suspect anything, but this matter is too sensitive!
"Mr. Feng, don't mind if I say something. It doesn't matter if you only shorted a little bit, but the amount you shorted is too much."
"A lot? Didn't you notice that I also did a lot of hedging? Don't you know that the year before last, I sold the stocks of Microsoft, Yahu and other companies, and my investment company had a lot of cash. You What do you mean, should I put this money in the bank to earn interest? Do you understand finance? Do you understand what inflation means?"
Smith wanted to yell, "I can sit in this position today. I can't say that I am a top financial expert, but I am no worse than an average financial broker. How can I not know such a simple thing?"
Well, the other person is Feng Yu. If I ask him to answer the question, I will bear it!
"You want to ask me why I didn't invest the money in other things, right? How do I invest? Do I need to explain to you? I'm not a listed company, so there is no need to make an announcement. What does the confidentiality of investment information mean? No, no. Don’t you know?” Before Thomas could ask, Feng Yu choked again.
Smith replied with a dark face: "I know everything Mr. Feng said. But this time, your investment is too special."
Feng Yu lit a cigar and had no intention of giving Smith a taste. He puffed out a smoke ring and said easily: "Are you sure you didn't offend the leaders? They are deliberately trying to punish you? You can't investigate and find out, someone In this incident, you earned more than me, right?"
Smith was stunned. He really didn't know this. If so, that person should be asked more!
"Mr. Feng, is there really someone who earns more than you?" Thomas looked suspicious.
"Yes, this person is also very famous. If I tell you, you will definitely know. If he hadn't made the wrong investment last time, maybe he would have become one of the top richest people on the Forbes list."
"Who is it?" Thomas asked anxiously.
"Quantum Fund, Soros!"
It's him? !
Once regarded as the world's number one hedge fund manager, he led Quantum Fund to make waves in the currency markets of many countries, but in the end he fell into the Asian financial turmoil. And the one who had the last laugh that time was Feng Yu.
Speaking of which, it is impossible for the two to unite. It’s not a life-or-death feud, but it’s not a small grudge either.
"Are you sure?"
"Wouldn't you know it after you investigate?" Feng Yu said with a smile.
In fact, Feng Yu was also a little surprised when he learned that Soros also shorted Nasdaq and used leverage to earn more than himself.
This Soros is really a centipede. I didn’t expect the Quantum Fund to be so miserable last time. It lost less than 2 billion US dollars and even many good financial brokers left. He can actually turn over.
Two billion US dollars is a huge amount of money for many people, money that cannot be spent in a lifetime. But for hedge funds, it is not large-scale, and it is not even ranked in the top ten.
Compared to the Quantum Fund, which controlled hundreds of billions of dollars at its peak, it is even less worth mentioning.
But Soros made a lot of money by speculating in Internet technology stocks with US$2 billion. And when Feng Yu sold the stocks of Microsoft and other companies, Soros happened to also sell at a high point.
Then Feng Yu started short selling the Nasdaq index, and Soros also followed suit. When the Nasdaq stopped falling, Soros sold decisively. At that time, Fengyu Consulting suffered some losses, but Quantum Fund suffered no losses at all.
In fact, if it wasn't for the fear of causing embarrassment, Feng Yu should have done so. Now, with Soros at the front, Feng Yu can explain clearly.
"Also, I am very sad about this incident, and I also asked people to donate some money to those poor people. As for why you said I sold short, this is just a normal financial investment. I think you can investigate , I started to be bearish on Nasdaq since the end of 1999, because I discovered the existence of the Internet bubble."
"Then the impact of the bubble decreased, but many companies made false accounts, which caused the stock market to fall a lot. During the period, the stock market rebounded, and I lost some money. This time, the delivery period of my short-selling stock index was within ten Month, this happened, so what’s the problem?”
Faced with Feng Yu's questioning, Thomas didn't know what to say. From this point of view, Feng Yu seems to have nothing to do with this incident, especially when this incident happened, Feng Yu was still in the United States. If it was really related to Feng Yu, he should at least hide back to China, right
Well, hurry up and investigate Soros!
(End of chapter)