Chapter 1314 Counter-Persuasion

"Forget it, I'm not familiar with this, and I don't want to participate." After a pause, Xiao Qi gave a very firm answer.

"Hey, Qi Shao, don't you still believe me?" Tong Wencong was taken aback, patted his chest and said, "Although this business is not as good as the subordinated debt, but in two or three years, the profit will be at least 100%. Buy more and earn more!"

Yes!

Buy more and earn more.

Then earn more and die faster!

Xiao Qi slandered, with a sad face on his face: "Old Tong, I can't do this. To tell you the truth, after I took out the subprime debt, I felt that the money I earned was a bit hot. God knows what those banks will do. Will you come to trouble me? If you join the gamble of the national debt, I'm afraid I won't be able to handle it with my small body!"

Tong Wencong was stunned, he didn't know the reason for Xiao Qi's refusal was actually this.

timid?

Go to hell! [

When the subprime debt was acquired, who was so black-hearted about those banks?

You know the outbreak of subprime debt in advance than many people!

A total of 2 billion U.S. dollars has been invested in subprime debt, but in the end it can make money. Literature.com is afraid? If you are afraid, don't cheat people!

But obviously, Xiao Qi refused very simply this time, which proved that he really didn't want to join.

Tong Wencong and his group of fund managers have made a lot of money from subordinated debt, so a group of people gathered together to discuss tricks that would harm others, and finally found a way to make money by s insurance.

It's just that there are too many national debts in European countries. If you really want to get these insurance policies from several major investment banks, you need a lot of money, at least two to three billion US dollars.

Don't look at the amount of each of these fund companies is billions or more. There are even tens of billions.

But a lot of their money is on various products, and the real money that can be used at any time is less than 10 billion US dollars.

Therefore, Tong Wencong thought of Xiao Qi, a super rich man, so he came to ask him if he would participate. One is to reduce financial pressure, and the other is to diversify risks—the most important thing for a fund manager is not to make money, but to try not to lose money! It's good to make money, don't plunge into it just to make money, and then lose so much that you don't even have any pants left!

"That's so little. Can you lend me some money?" After deliberation, Tong Wencong asked: "I pledged my investment in the subordinated debt of our cooperation, and you lend me 500 million U.S. dollars!"

He followed Xiao Qi and invested tens of millions of dollars into it, and in the end he could earn almost 500-600 million. It is reasonable to use this as a mortgage for Xiao Qi.

Xiao Qi looked at him. Started to hesitate.

To say that Lao Tong is actually a very good person, he does things more properly, and he is not a very unscrupulous person in essence, at least he is good to his partners, unlike some fund managers who specialize in cheating on partners.

Shall I give him a hand?

Involved in the s insurance policy, it is not just banks and financial institutions that are faced. Instead, directly face each country. [

After the incident came to light, even such a powerful investment bank as Goldman Sachs was overwhelmed, and a few fund companies were just food for delivery.

It's just that in history, Goldman Sachs was also unlucky, and these s orders were not all sold in the end-not many people are idiots, and if you think about it a little, you will know the huge danger. I paid for it myself. That's bad.

While pondering, the young man said slowly, "Old Tong, I will not lend you money."

"Qi Shao...I..."

"Listen to me." Xiao Qi stopped Tong Wencong's anxiety, "I think money is endless. The risk of you doing this is very high. As a friend, I don't think you should go into muddy water... Let me ask you Two simple questions, if you are willing to invest after you can answer them, then I have something to say."

"Master Qi, please tell me." Tong Wencong nodded, restrained himself and said anxiously.

"First, this s policy is so profitable, why are Goldman Sachs and Merrill Lynch rushing to sell it?"

"These investment banks put stability first, and the future is unpredictable. Those sovereign debts may still have the ability to repay. They have already made a lot of money on the handling fees and planning fees of this s The money was sold at 30% off and 50% off, not only did they not lose money, but they also made some profits, which they thought was enough.”

"Do you believe this?" Xiao Qi smiled. "Even you all know that this s is bound to make money. Those countries in Greece are completely incapable of repayment. Would Goldman Sachs not know? When Goldman Sachs played these financial derivatives, you were still in kindergarten. Bar?"

Tong Wencong's face changed, and he laughed awkwardly: "Qi Shao, what about the second question?"

"Quantum Fund, Renaissance Technology, Icahn Capital, S Capital Advisors..." Xiao Qi read the names of seven or eight hedge fund companies in one breath, "Have they joined you and your little partner?"

"No."

Tong Wencong's face was a bit ugly, "But it's rare, and if they don't participate, it doesn't mean that it's a bad business. We have confidence!"

"Old Tong, old Tong!" Xiao Qi was still laughing: "Whether the business is good or not depends not entirely on money! Are you short on money now? Why don't you have a good reputation and make money in the future? You don't want to be on board Is it the Forbes fund manager's income list? Do you think your children live under heavy pressure all day long?"

"I……"

Tong Wencong's face softened.

Children are the greatest weakness of parents, whether in the East or the West.

The jokes on TV that parents don’t care about Westerners when they grow up can only deceive children.

At least in the United States, when a man and a woman get married, as long as conditions permit, the parents have to buy an apartment for their son and daughter-in-law, and if not, they will pay the down payment; the same is true for the woman, who usually bears all the expenses of the wedding. The difference is the purchase of diamond rings and jewelry... Think about it, what is the difference between this and our Huaguo?

If you insist on taking those poor families as the main phenomenon in the United States, why don't you say that young people from many mountain villages in Huaguo get married and have nothing in common?

There is no parent who does not want their children to live in the sun.

Tong Wencong thinks he is thick-skinned and can resist other people's curses.

But he doesn't think that his children can have their own strong psychological qualities, and they can't live under the scolding and implicating of the newspapers every day.

When Xiao Qi said this, he hit his weakness.

Besides, other aspects Xiao Qi said are also very reasonable!

He was just in the game before, so he didn't think about it carefully.

"So...won't you participate?" After a long time, he asked in a hoarse voice.

"Of course I won't participate! You don't deserve your money, so don't think about it!" Xiao Qi said seriously, "Don't worry, Old Tong! As long as I'm here, your business will be endless!"

"Okay! I don't mix!"

After a while, Tong Wencong nodded with difficulty, and finally made a decision.

Xiao Qi is no ordinary person.

Tong Wencong knew how terrifying Xiao Qi's talent in the financial market was from the several ingenious combination sales of subordinated debts.

Recently, the managers of many fund companies have been publicly announcing their gains in subordinated bonds.

Apart from Paulson, Tong Wencong knew that no one could match Xiao Qi's income.

Moreover, what Paulson earns is the money of the entire fund company, and what Xiao Qi earns is entirely his own. After all, Xiao Qi earns the highest profit.

Coupled with Xiao Qi's genius performance in remp and app stores, Tong Wencong, who subconsciously felt that Xiao Qi was much stronger and smarter than himself, was convinced of his judgment.

Of course, this is also Xiao Qi's persuasion, if it is any other person, it will be good if he is not fooled by Tong Wencong, let alone convince Tong Wencong with a few words.

And Xiao Qi's last words completely reassured him.

It proves that the entrustment and business from Xiao Qi in the future will not be suspended after this subprime mortgage crisis. As long as you can cooperate with Xiao Qi to make money for a long time, why are you so obsessed with this s insurance policy? (To be continued. If you like this work, you are welcome to come to the starting point to vote and monthly pass. Your support is my biggest motivation. Mobile phone users, please go to m to read.)

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