Soros’ bad luck
Hearing what Fu Guangwei said, Feng Yu and Fu Guangzheng looked at each other and smiled, saying that Soros was deceived very badly this time.
The failure in Russia was due to Feng Yu, but in the original time and space, Soros lost a lot of money under these Russian policies, but not this much. Feng Yu made the timing of this policy more clever, giving Soros no time to react.
But Soros still has a lot of money that can give him a chance to make a profit.
But Feng Yu asked Soros's agent to encourage everyone to advance their salaries, exposing the financial crisis of Quantum Fund. People who planned to invest in Quantum Fund were deterred.
The undercover agent arranged by Soros on Feng Yu's side was successfully instigated by Feng Yu. Instead, he continued to speak ill of Quantum Fund, further reducing the reputation of Quantum Fund.
At the same time, Feng Yu and others are also promoting remarks such as Quantum Fund losing money to investors and Soros getting old, making it impossible for Soros to maximize his interests.
At Quantum Fund, some people continue to leave after taking their salaries, and investors continue to want to withdraw their capital, asking Soros to pay back the money quickly. As for the fact that Soros had made a lot of money for them before, they selectively forgot about it.
It’s okay to make money, but it’s not okay to lose money!
The anxious Soros tried his best to stabilize the situation, but there were fewer agents, and his investment was severely restricted.
Moreover, his principal has been reduced as a result, and the income he can obtain will naturally be greatly affected.
He previously invested more than 50 billion US dollars in Russia, of which the capital was more than 40 billion, including investors' money and the profits earned by his Quantum Fund this year.
He lost more than 80% in one fell swoop. Not only was his previous profit gone, but investors also lost a lot of capital.
Fortunately, Soros was Soros after all, and he still had a way to reverse the situation. He made another sum of money by shorting European and American stock markets.
Although compared with his previous capital scale, it was still far behind, but at least he still made back the investor's capital.
But how can it be enough to just earn back the capital? The contract he signed with investors has a guaranteed return of 10%. More than 20 billion U.S. dollars. In terms of revenue alone, he would post more than 2 billion U.S. dollars. And those investors are still not satisfied. The profit before was more than 30%. If you hadn't invested blindly, we would have made so much less!
In addition, in order to stabilize the morale of the army, he promised his agents bonuses, etc., including the bonuses of the Four King Kongs, which was not a small amount.
There are also interest on his loans, losses from selling some properties at low prices, etc. Soros has suffered huge losses this year.
Last year Soros was worth more than $6 billion, mostly in cash. And now? Soros’ assets are less than $3 billion!
Last year, he swept through Southeast Asia and only suffered a small loss in Hong Kong. Even in South Korea, he made a lot of money in the end.
But this year, not only did he make no money, but he also lost half of his capital, not to mention all the huge profits he made last year. However, the last credibility of the Quantum Fund was finally preserved, and the things promised will never change.
But Quantum Fund has also completely stepped down from the altar. You, Soros, have made such a major mistake in your investment. Who will dare to believe you in the future? Although your investment later was not unsatisfactory, who knows whether you will make such mistakes again in the future
Fu Guangwei kept talking about the troubles of the Quantum Fund, the crisis of trust, falling from the altar, etc. Three of Soros's four kings actually chose to leave.
They did not set up their own foundation or investment company, but became private investment consultants for some rich people. Well, those rich people were once the big customers of Quantum Fund, and they were responsible for receiving them.
Except for Zhuken Miller who still stays at the Quantum Fund, Soros's Four King Kongs have been completely disbanded. With the loss of three of the Four King Kongs, the Quantum Fund is believed to be unable to regain its former glory.
As Soros gets older, his energy is definitely getting worse day by day. The failure of his investment in Russia is proof of this!
Zhuken Miller alone is obviously unable to support Quantum Fund. The industry generally believes that Quantum Fund is no longer the best hedge fund, and Soros is no longer the best hedge fund manager.
"Brother Feng, do you know someone is here to poach He Zhaoji?" Fu Guangwei asked.
"I know, he told me. But I believe he won't leave. First of all, I can give what others can give. Secondly, I have been kind to him, which is very important. Finally, he is a A person who is very nostalgic and likes to continue working with these colleagues and also likes Hong Kong, he will not be able to adapt to a different environment."
Fengyu Consulting made huge profits during the Asian financial crisis. After being promoted by Forbes magazine, more people took notice.
Many people even say that Fengyu Consulting is the best investment company. From the day the company was established, it has never made a client lose money. Apart from the extremely high commission ratio and high investment threshold, there seems to be no shortcomings.
As the manager of Fengyu Consulting, many people believe that Fengyu Consulting is profitable. As for the suggestion that Feng Yu Consulting was behind the scenes, they scorned it!
How old is Feng Yucai? How old is Ho Siu Kee? Counting the time Feng Yu spent studying finance, he didn’t work as long as He Zhaoji!
Of course, He Zhaoji understood that several important decisions of Fengyu Consulting were made by Feng Yu, and he was just assisting + executing. Although those companies offered him high salary and shares to poach him, he knew very well that it was better to stay at Fengyu Consulting. Didn't Feng Yu also give him shares
And he really doesn't want to leave Xiangjiang, this is his home.
"Brother Guangzheng, do you think Soros is so old and suddenly suffered such a big blow, will he be unable to bear it?"
Fu Guangzheng rolled his eyes at his cousin: "Do you think the mentality of an investor can be bad? He was almost bankrupt before, and I didn't hear that he had any health problems. Now he just lost billions of capital. A piece of cake."
"So, he may continue to work in finance in the future? Then will he come to attack Xiangjiang, or attack the mainland in the future?"
Fu Guangzheng didn't answer and looked at Feng Yu. Feng Yu replied firmly: "Soros doesn't dare to come again!"
If it was Soros in his previous life, the answer is yes. It's just Soros in this life. Feng Yu believes that he will never dare to come to China's territory again!
It is no longer possible for Soros to raise such a large amount of funds, and it is also impossible for Soros to call out from a high place and receive countless responses. Soros himself doesn’t have much money left. If he invests slowly, he will definitely be able to guarantee profits, but it is basically impossible to attack a country’s financial system so unscrupulously!
Now Soros and Quantum Fund, in Feng Yu's eyes... are no longer a concern!
~~~It’s a thousand chapters, please spread the flowers and ask for rewards~~ (To be continued.)
(End of chapter)