In addition to Kelly, Dutoit came with a thin middle-aged man wearing a light blue shirt and a dark blue tie. He stuttered a bit when saying hello, but his palms were dry and strong, the knuckles were slightly protruding, and his palms could Feel the callus on it.
"This is John Meriwether. John, this is Mr. Huang." After the formal introduction, Dutoit said to Huang: "Mr. Huang, Mr. Meriwether is the person I once introduced to you." He is perhaps the top investment expert in the world.”
As he spoke, he got out of the way, and Meriweather then said in a slower, slightly stuttering Irish accent: "Mr. Huang, I heard from Mr. Dutoit that you are a powerful investor. ,I hope… "
He spoke slowly, but as clearly as possible, trying to introduce to Huang Xuan, a layman, his company's unique model—the risk-free arbitrage model—which earned Merton the Nobel Prize.
However, Huang Xuan didn't say a word, and even Dutoit couldn't tell whether he was listening carefully or thinking.
In fact, since Dutoit introduced him to the trader who almost caused a loss of 1 trillion US dollars last time, he has become very interested in Meriweather, but Aubrey stopped him and started to worry about it. The disturbing incident made him forget about it. But when Meriweather really appeared in front of him, he still recalled a lot of content.
Speaking of which, Huang Xuan couldn't understand the so-called "risk-free arbitrage model" used by Meriwether. The number of people in the world who could understand it was far less than the number of billionaires, but Huang Xuan was impressed. What is profound is Meriwether’s leadership, which is what he learned the most from his family.
The success of Long-Term Capital Management depended on Merton's model and the management of Meriwether. This was a guy who liked horse racing, golf and gambling, and his skill was that he could make all his traders like these three things. A form of entertainment that connects traders throughout the department from life to work, thus eliminating the possibility of internal collapse—in fact, Meriweather originally thought that the failure of Long-Term Capital could only come from within. Of course, it turns out that no matter how precise the model is, it cannot be compared with reality, but this does not prevent Huang Xuan from recognizing Meriwether.
Although the cost of winning over his subordinates through horse racing, golf, vacations and even gambling is a bit high, for a company with less than 50 people and a profit of 5 billion US dollars, such a price is not too high.
In Huang Xuan's opinion, an excellent leader is far more precious than a man of action. As he thought, he tapped the table with his little finger and stopped Meriwether from trying to explain to him what spread was. asked the question, and said with a smile: "Does Mr. Meriwether still raise racehorses now?"
Meriweather nodded in astonishment. At the peak of his career, he bought several thoroughbred horses.
"I also have a few good horses. If Mr. Meriweather is interested, you can come to my ranch in Brazil to have a look."
After relaxing the atmosphere, Huang Xuan smiled slightly and said, "Mr. Meriwether wants me to invest 0 million US dollars in your new fund?"
"Yes, although it is a venture capital fund, our expected interest rate will also be above 10%." Meriwether stuttered but said in a very sure tone.
0 million US dollars is a large amount of money, first of all, it is the assets of one-third of a billionaire, and secondly, it is a sum of cash. Few people would invest so much money in a venture capital fund. Such a large amount of cash is enough to enter a completely new industry. Even for banks, most investments will not exceed this value.
But for Huang Xuan, although he is borrowing money from banks, since he does not have many industries on hand, his capital utilization efficiency must be improved. In other words, from the perspective of the bank, this is likely to be a guy who is willing to invest his energy in the financial industry, so Dutoit will introduce Meriweather to him.
Meriwether proposed this number in the hope that Huang Xuan could make a choice after careful consideration. His first fundraising for JWM only raised $150 million, which was far lower than the $150 million that Long-Term Capital raised when it opened, but for a trader who had just lost $4.5 billion, it was already very good. And now that he is raising money for the second time, he hopes to obtain or be close to the funding level of Long-term Capital Company that year.
"I do have a lot of spare money on hand at the moment." Huang Xuan smiled at Dutoit and said: "However, I prefer to have a dedicated person manage my fund instead of investing with other people."
"The overall investment will get a better rate of return." Meriwether was very surprised by Huang Xuan's question. People give money to funds and banks instead of hiring someone to handle it themselves because they value its efficiency. .
"I have 100 million US dollars in hand that can be used for investment." Huang Xuan glanced at Meriwether and continued: "But before that, I already have my own investment goals. Although it is a very simple futures transaction, If you are willing to follow my wishes, I think this kind of cooperation will be more conducive to mutual trust. "
Huang Xuan is now very skilled in saying these words. In Dutoit's view, this is obviously a sign of gradual maturity. Thinking of Huang Xuan's increase in assets of hundreds of millions every month, he is even more convinced that this is the future star of the Huang family. —This Chinese family may have begun to think of ways to avoid inheritance tax.
On the surface, Meriweather was a somewhat slow-responsive guy, just like his stutter, but this helped him think. He looked at Huang Xuan and said in a slow voice: "Mr. Huang, do you want to Use the name of JWM to conduct a futures transaction designed by you.”
Pretty clear and straightforward description. Huang Xuan secretly praised and nodded.
Dutoit lowered his head, as if he was carefully observing the lines on the table, and even the somewhat nerdy Kelly looked away. The conversation between the two people has made it very clear that the billionaire in front of him has some things that are inconvenient to do by himself. If Meriweather is willing to do it, he will invest 100 million U.S. dollars in return. I just don’t understand why he would say this when there is a third party.
Meriweather was obviously startled, and there was a bit of anger on his face, but he just closed his eyes and leaned his body on the sofa.
It looks like he wants to hear the breakdown next time.
Huang Xuan took a sip of tea and said with a smile: "This is just my personal matter. I could have looked for other financial companies, but I happened to meet Mr. Meriwether." He put down the tea cup and flicked it. He checked the table twice and said: "I still appreciate Mr. Meriwether's investment ability. If you are really unwilling to help, I won't be able to use the money for the time being, but I can still probably come up with nearly ten million US dollars." For investment.”
Meriweather closed his eyes tightly, then slowly opened them and said: "If it is just normal futures trading, of course JWM can do the trading on your behalf, but we have the right to stop trading at any time."
"Of course you have the right to stop." Huang Xuan flicked the teacup and said, "But it's not exactly futures trading. It may also involve bonds or something else. You know, I'm not familiar with this aspect. ”
"OK." When Meriweather nodded, the atmosphere in the living room suddenly became warmer.
After casually talking about horse racing and golf, Huang Xuan stood up and sent the three of them out of the room, only to see the hotel manager waiting anxiously at the door.
Although Huang Xuan was a little strange, he said goodbye to Dutoit, Kelly and Meriweather first, and then asked in confusion: "Is there any problem?"
"Your entourage is having some trouble in the gym. I think you'd better go over and have a look." The manager's mouth was dry and he seemed to be prone to getting angry.
The follower in the gym is naturally Dian Wei. This guy who "has always done evil...", does anyone dare to mess with him? However, if he provokes others, well, this should be relatively normal.
Huang Xuan smiled awkwardly and said to the impatient manager, "I'll call two people first and then go."
The manager's hair was about to catch fire, but he still waited patiently for Huang Xuan, who was a guest.
Huang Xuan knocked on the door next door first. Miss Diao Chan looked like she had just taken a shower. She was wiping her hair with a towel in one hand and pouted: "Didn't you go to work?"
Just like a cute little wife. Huang Xuan couldn't help but wanted to touch her face with his hand, but he was quickly pushed away. Little Diao Mei said dissatisfiedly: "I haven't even washed my hands."
Huang Xuan didn't notice at all. Little Diao Meimei seemed to have a weak sense of resistance. His eyes were attracted by the scenery in front of him - Diao Chan, who had not yet learned to use underwear, was wearing a piece that seemed, or should belong to him, from the Real Madrid team. Clothes. The sharp bamboo shoots rose and fell with the action of wiping his head. Huang Xuan howled in his heart and shouted: I love Real Madrid.
…
Other than the word count: Yesterday, everyone gave Dolphin nearly 00 votes. It was really, uh, strong, which was quite a bit of a blessing. Thank you very much. Please continue to support us. Those who have tickets will support the show, and those who don’t have tickets will support the show. The Dolphins will continue to work hard.
… (To be continued)