A large part of the hedge fund field that has developed rapidly in the past year has followed Cersei Capital in continuing to be bullish on the Japanese stock market. Once it is confirmed that Simon Westeros has left the game early and everyone follows suit and flees, the result will definitely be catastrophic.
After a brief shock, James Robinson gradually calmed down.
Someone in the conference room also discovered a very important question in Noah Scott's narrative: "Noah, what is going on with Cersei Capital's sub-funds 1 to 5 now?"
When Noah Scott heard this question, the smile at the corner of his mouth flashed, and then turned into bitterness, and said: "This is also the key that I have never been able to understand until the "Daily News" article article."
Nelson Scott continued: "'Westeros is coming, and so is the stock market crash'?"
"Yes," Noah Scott nodded: "'Westeros is coming, and so is the stock market crash.' Everyone probably has to admit that that guy does have such influence. Westeros Spending a week in New York in early October is definitely not a coincidence. Similarly, for the Japanese stock market, Westeros is also a disaster star. He went to Melbourne and the Japanese stock market almost collapsed. So, what do you think? Who wants Westeros to leave the most, and who is strong enough to take over all of Westeros’ sub-funds 1 to 5 without making any noise.”
"Japanese government!"
The bitterness on Noah Scott's face became even stronger. He put down the pen in his hand, sat back at the conference table, and said: "Yes, the Japanese government. Now it is basically certain that what we have followed up in recent months is not at all Westeros, but the Japanese government.”
There was a brief silence in the conference room.
After a while, someone said: "Although, isn't the Japanese stock market still continuing to rise?"
Everyone looked at the man together.
The Japanese stock market continued to rise for more than three months after Westeros left the market. That is because most people have been misled by Cersei Capital to continue to go long. If the news gets out now, it is not impossible for the Japanese stock market to collapse directly next week.
James Robinson took a few sips from the water glass at hand, and finally said again: "Noah, how long will it take for us to completely withdraw from the Japanese market?"
Noah Scott considered it and said: "If you want to avoid attracting other people's attention, at least two weeks."
Nelson Scott reminded: "Cersei Capital is still ahead."
"This is what I'm most worried about," Noah Scott glanced at his father and said, "I can discover this problem, and other people will probably react to it gradually. Some people may even react earlier than us. Come here, we’ve already left.”
"Regardless of anyone else," James Robinson calmed down completely and said, "Noah, tell me your plan."
Noah Scott said: "At the close of last Friday, the Nissin 225 Index was fixed at 39,367 points. The news that Westeros left the market early may have been exposed, and the Bank of Japan plans to raise interest rates for the second time next month. Therefore, no matter what, 40,000 points will be an inflection point for the Japanese stock market. With a conservative strategy, we will use the next two weeks to completely withdraw our funds and be safe. Be more radical, close long positions and establish short positions at the same time, so that the risk It’s very big, but currently the Japanese market is still dominated by bulls, and it’s easy for us to establish a large number of short positions. Once the index turns and everyone is short-selling, it will not be so easy to establish short positions.”
"Go long, turn short," James Robinson chose the second option without hesitation, and then added with a sharp look: "Then, find an opportunity to spread the news that Westeros has left."
…
Simon was not aware of the discussions between Noah Scott and others. However, the exposure of Cersei Capital’s sub-funds 6 to 10 in shorting North American funds after the outbreak of the ‘mini-crash’ was somewhat intentional by Simon and Janet.
Neither Simon nor the Japanese government will probably ever proactively disclose the details of the transaction in early July.
However, there is no airtight wall in the world. If so many people are deceived, Simon will also be unlucky in the future. Now, some powerful capital forces with a keen sense of smell have discovered the truth and withdrew early. Even if the news leaks in the future, the rest of the small fish and shrimps who are weak and slow to react will have no choice but to admit themselves to be unlucky.
After all, as an offshore private hedge fund, Cersei Capital has no obligation to disclose its operating details to the outside world, and there are no violations in its transactions with the Japanese.
If you follow the wrong one, you will suffer a huge loss, and no one can blame you.
Simon spent two days in San Francisco over the weekend to discuss a donation with Stanford University.
After several months of hard work, Igret's series of World Wide Web basic patents based on 'WWW' technology have been registered in major countries in Europe, America and Asia, and test versions of basic application software such as graphical interface browser software and web design software have been completed. It is also basically completed. With the help of Westeros-owned technology companies such as SUN, Cisco and AOL, hardware equipment such as servers and routers based on 'WWW' technology are also ready.
What is missing now is a platform that can test various technologies developed by Yigrit.
As one of the most important training bases for talents in Silicon Valley, Stanford University is undoubtedly the most suitable target. Therefore, Simon intends to donate $10 million to Stanford University in the name of the Simon & Janet Westeros Foundation, mainly for upgrading Stanford University's internal campus network.
In this day and age, a one-time donation of US$10 million is definitely not a small amount of money.
However, this money will basically be used to purchase equipment and software from various high-tech companies in which the Westeros Company holds shares, and will ultimately be spent on itself. Donations from the Simon & Janet Westeros Foundation can help Westeros companies obtain corresponding tax deductions, and huge donations can enhance Simon's public image.
As a generous donor, it will be easy for Simon to stuff a few students into Stanford University in the future.
All in all, this money is worth spending.
Simon was in no rush to leave San Francisco after Monday morning's donation ceremony. I attended a banquet at Stanford University at noon, and in the afternoon I went to the headquarters of Igret on Thurman Street, along with executives from SUN, Cisco and other companies.
As a rising star in the industry, everyone can see the huge commercial potential of the 'WWW' technology that can connect the entire North America and even the world. SUN has previously expressed the hope of fully acquiring Yigret, America Online Steve Case showed an obvious eagerness to try.
Of course, Simon will not hand over Yigrit to any of them. However, his investments in SUN, Cisco, AOL and other companies already mean a complete industrial chain surrounding the Internet, so he naturally tries his best to promote each company. of collaboration.
The meeting about pooling the resources of various companies to first operate a 'WWW' network in California on the West Coast was discussed for a whole afternoon. Because the investment was too large, it was difficult to agree on the distribution of benefits for a while, and no too specific results were agreed upon. However, , the meeting ended, and everyone was obviously complacent.
In the evening, everyone left the conference room of Yigrit Company and went to the hall downstairs. As usual, they stopped to look at the 'You know nothing' motto on the wall.
We had to return to Los Angeles overnight, so we didn't have dinner together again.
Gulfstream IV takes off at San Jose Airport.
In the cabin, Jennifer sat next to Simon and said, "I always feel that you have a weird expression when you look at that sentence on the wall of the lobby of Ygritte Company."
Simon looked up from a piece of MCA company information and smiled: "Do you think I look at you very strangely?"
Jennifer glanced at Simon in a very harmless way, then glanced at the information in his hand, which of course she collected personally, and then said: "So, is your next goal going to be global?"
MCA, the full name of Music Corporation of America, has always been the official name of Universal Pictures' parent company.
Cersei Capital is hoarding more and more money overseas, and if it's not spent soon, the money will only lose value.
Simon has long set his sights on Universal's parent company, MCA.
Before this mini-collapse, MCA's share price had remained between US$45 and US$50. MCA's total share capital was close to 100 million shares, and its market value was roughly equal to the word '100 million' added after the share price. Speaking of which, Sony issued a test to MCA last year. MCA Chairman Lou Vassalman made an offer of US$8 billion based on its own stock price, which directly caused Sony to back down and honestly turn its target to the next one. Columbia Pictures.
After the 'mini crash' of the North American stock market on October 13, MCA's stock price had fallen to $41.5 as of last Friday. Simon knew that the economic situation in North America, after the recent mini-collapse, would fall back into a year-long slump that would not recover until the United States won a resounding victory in the Gulf War.
During this period, MCA's stock price will continue to fall, eventually falling to the range of $30 to $40. Simon will then be able to win MCA at a price comparable to Panasonic's $6.6 billion bid in memory.
In addition to Universal Pictures, MCA also owns MCA Records, Universal Studios and a number of very valuable cable TV assets. As long as it successfully annexes this company, Daenerys Entertainment can directly supplement its own interests in records, television, and themes. Weaknesses in parks, etc.
Facing the female assistant's question, Simon nodded and said, "Yes, but I haven't decided yet whether to transfer Cersei Capital's funds directly back to the country. You know, this is a large amount of tax."
Simon has no intention of hiding overseas assets, at least not too much.
Therefore, Cersei Capital will definitely file tax registrations with the IRS on time. However, according to U.S. tax law, as long as the money remains abroad, the registered taxes will remain in arrears.