Chapter 1246 This Is a Plan to Trick Me

Successful kings and defeated bandits are the same in ancient and modern times. The current situation is rather strange. William White has a serious loss of personnel. It seems that there will be no more big moves in a short time.

What about Julian Robertson?

The old guy identified the Internet bubble. Although he was cautious, he could not withstand the rising stock price. To describe it as heavy losses is actually the most appropriate way to describe it.

"Charlie, what's going on with gold recently? I remember, isn't William White buying gold?"

"I don't know, maybe, this magical boy is just like Julian Robertson." Charlie Munger shrugged. He didn't believe that anyone could win all the time. I don’t think William White’s brain trust is so magical either.

On the contrary, the risk control department of White Fund may be the core of the entire group.

"Charlie, do you know who started selling gold? The price of about three hundred dollars doesn't seem to be overestimated, right?"

Buffett has always had a disdain for gold. This can be clearly reflected from Hathaway's account.

However, if you think that he never cares about the price of gold, you are totally wrong. Although many people do not admit it, there is no doubt that the price of gold can reflect the level of inflation.

In the case of severe inflation, any investment is wrong. So, what does an old fox who has been on Wall Street for so many years not understand?

"Well, I know this. John Bull and Gallic Rooster are both selling, with John Bull being the most popular.

John Brown insists that it is a high probability event that the euro will replace gold. "

"Tch, is there such a good thing? To be honest Charlie, although I don't care much about politics, what on earth is going on with this John Bull?"

"I don't know, I guess, it might be a commitment or an agreement. You think, they retain the right to issue pounds while staying in the euro zone. If they didn't make concessions before..."

Charlie Munger doesn’t need to say anymore, Buffett also knows what’s going on. However, he is always a bit weird in his hurry. Nima, do you really not know that the euro is also a credit currency?

As long as it is a credit currency, its issuance is uncontrollable. When you have nothing to do, of course you will follow the rules.

When the euro economy encounters major setbacks, can it still stick to its principles?

This is simply unrealistic. Look at the current Fed. Since the collapse of the Bretton System, they have broken almost all the rules they can break.

Looking at the falling gold price on the computer monitor, William White felt a little sick.

As a result, all the gold purchased some time ago has been locked up at a high level.

The corners of William White's mouth twitched twice. Anyone familiar with him should know that this guy must not be in a good mood.

However, even so, he has no temper now.

John Bull wouldn't have much gold, a few hundred tons at best. He did not believe that John Brown had the guts to empty the treasury. If this guy really plans to do this, London still has a woolen economic status.

It is not difficult to eat this gold. Jason Gao has gained a lot in Japan. Those little Japanese just do what he does, whether they want to borrow or not, get out if they don't, and don't come back again in the future.

Don't mention it, Xiaoyue is really funny, but Yingen's nervousness is internal. There is no intention of slowing down foreign investment and lending.

Since there is nothing wrong with small money, I can just eat this batch of gold. I really can't believe it. Once he makes a move here, John Bull really dares to fight him.

No matter what, the first rafters will die first. Since a tacit understanding has been reached, there is no need to break it. The person who breaks the agreement in the first place usually has no good consequences.

However, now it is time to hedge some losses. Is this a slap in the face?

Also, you bastards, this isn’t a talent market, bro, why don’t you find another place to do it?

The answer is obviously no. No one would think that William White has this ability. You are neither Harvard nor Stanford, a guy who graduated from the University of Southern California, you really can do what you do.

It must be, this guy has been recruiting elites, and now it seems that the huge think tank is the key.

Bastard, you actually call this a think tank with a team of hundreds of people. Ordinary investment banks may not have such people.

To say that he has no talent here is pure nonsense. If you don't have any skills, why do you ask for high income?

For American imperialists, rationality is the norm in life. Don't talk about corporate culture here, it doesn't matter. As long as the hoe is wielded well, there is no wall that cannot be dug down.

"Throw in the towel and leave? Well, that doesn't seem to be in line with his character. Andy, what's going on?"

"Ahem, boss, even if he has any ideas, I'm afraid it will be difficult to implement them. White Company has undergone personnel changes, and this time, from top to bottom, it involves almost all departments.

Well, boss, we have also found a few analysts here at Morgan Stanley. "

"Hahaha, this guy, by the way, just tell HR and don't take it too personally."

"Yes, I understand, but William White shouldn't have any reaction.

As the saying goes, public anger is hard to offend. Besides, this is just a normal business activity. "

"Okay, let's keep an eye out."

The old guy was a little disapproving of Andy's gloating. It is true that the rise and fall of a company has a lot to do with its employees. However, without a correct direction, it may not be able to go very far.

The ups and downs of the securities market are nothing short of normal. Unless something extreme like Barings happens, personal factors usually don't play a big role.

Seeing that nothing happened to William White, Greenspan was relieved. Of course, he knows his own affairs, and William White has abided by the agreement, and you, Greenspan, must also abide by it.

Even though a verbal agreement does not have legal effect, some people do things without caring about the law. If you dare to be unreasonable, he will double the cost. Hehe, today, there are no good men and women left.

"Alan, does it work?"

"Yes, as long as John Bull follows the plan. After eliminating unexpected interference, I think the depleted treasury will not be too ugly."

Against Paul Volcker, Greenspan had nothing to hide. It is true that he is the boss, but when it comes to his qualifications at the Federal Reserve Bank of America, he is still far behind.

It should be said that Paul Volcker created the modern economic order in the United States. All of this now would be impossible to achieve without this old guy.

Both guys obviously understand that once it reaches an unsustainable time, whoever has more resources will have a greater say in currency.

William White, then, is just a sideshow. As long as this guy doesn't do anything wrong, the benefits are nothing.

Hey, I hope the central banks of various countries will follow suit. As long as you sell gold, regardless of whether you buy euros or U.S. knives, the empty underground vaults after the Vietnam War can finally be filled.

The two old guys are even looking forward to it. White Bank seems to have a lot of gold. If they can't bear it anymore, will they also sell some spot gold?

Well, there’s been something weird about William White lately. Damn it, due to force majeure factors, it now seems that the White Department has fallen into confusion and stagnation. They have reason to believe that unless the team is restructured, it is unlikely that there will be much response based on existing personnel.