Chapter 2532 This Will Really Piss Gates Off

1.2 billion, and in pounds!

Feng Yiping looked at Li Ruiyuan, who was so happy, and his heart was also moved.

He always felt a little bit sad for spending 40 million pounds on a property in the UK. You know, with this 40 million pounds, plus some more, it is enough to build another five-star Jiasheng Holiday Hotel in China.

But at this time, he couldn't help but have an idea. With this 1.2 billion pounds, can I also buy the Buckingham Palace of the great grandmother of ******?

He remembered that two years ago, in 2006, when the real estate in the United States was booming, some people in the real estate industry carefully ranked the world's luxury houses.

The White House, which covers an area of ​​72,840 square meters and has 132 rooms, was valued at more than 300 million US dollars at the time, ranking quite low.

The first place is Buckingham Palace.

Buckingham Palace, located in the center of London, has a luxurious state room and 40 acres of gardens. It is estimated to be worth 1 billion pounds, which is nearly 10 billion yuan. It is the most expensive property in the world (Feng Yiping thought that it should be those guys who did not count the sea next to the Forbidden City, otherwise, the result would definitely be different).

In short, in the current environment, 1 billion pounds is enough to buy Buckingham Palace, and this is just the profit of Li Ruiyuan and his team in a few hours.

He suddenly felt that the 40 million pounds did not seem to be too much - well, mainly because he could still make money when he sold it later.

"What's next?" He pointed to the employees who were still busy at the operating table. He felt that these employees were not only cute, but also shining with golden light, which was more dazzling than the golden light he saw on his mansion in Kensington. It was a bit similar to the golden light of merit described in mythological novels such as Journey to the West, so bright and brilliant that it was difficult to look directly at.

"How much can we earn today?"

Another difference between futures and the stock market is the trading time. In addition to daytime, futures are traded at night, and there is also a night session.

When it comes to this, Li Ruiyuan looks a little annoyed. He tugs at his tie again. "We don't have many March contracts left. Most of the funds are put into the June contract."

"I think that by the end of today, we can earn at most 500 million pounds."

"Very good, Mr. Li," Feng Yiping patted him on the shoulder heavily. "I looked at the exchange rate today. The pound to the dollar has broken 2."

"That is, our income today is nearly 3.4 billion US dollars. Converted into RMB, that is..."

In the first half of this year, the renminbi appreciated rapidly against the US dollar. In January, it was still nearly 7.25, and now it is less than 7.1.

"More than 24 billion yuan," Li Ruiyuan has already given the answer, "close to twice our earnings from PetroChina stocks,"

"Hahaha," Feng Yiping couldn't help laughing.

They spent a lot of time and effort to gather so many shares of PetroChina in their hands, and then they sold them nervously before it returned to the A-share market.

Compared with crude oil futures, it is much more difficult, and the returns are so much worse.

"I am curious, Mr. Li, why are you not at ease now?"

He still remembers that Li Ruiyuan called him late at night. The main reason was that both the gold futures contracts he held and the PetroChina stocks rose too much, so much that he was not at ease.

"Hehe," Li Ruiyuan smiled, "I have never been at ease, but when the futures price of a barrel of crude oil was fixed at more than $70 in July from $60 to $70 in May and June last year, and close to $80 in August and September... and at the end of the year, it reached more than $90, I was numb,"

"It was also the first time I felt that when the income exceeded a certain limit, it was a number,"

Feng Yiping also felt that this was really a number.

He instructed Li Ruiyuan to buy crude oil futures in large amounts since the first half of last year. At that time, the price of crude oil was less than $70 per barrel.

And now, it seems to have been fixed at more than $100.

That is, their short contracts have increased the price of a barrel of oil by at least $30, that is, nearly 50%!

What is this concept?

This is really a concept that can easily recreate a rich man named Feng.

Roughly speaking (the calculation formula for futures returns is very complicated, so we will use the simplest one), one lot of crude oil futures is 1,000 barrels, and one barrel rises by $30, which means that the profit of one lot of crude oil futures is $30,000.

And their one contract is generally 500 lots, that is, one contract, the profit is $15 million.

And we all know that another difference between futures and stocks is that they can use leverage. Because of the absolute grasp of the trend of crude oil prices this year, Feng Yiping instructed Li Ruiyuan to boldly use 100 times leverage, that is, for one lot of crude oil futures, they only need to pay a mere $1,000.

The cost is $1,000 and the profit is $30,000 (because when many contracts were purchased, the crude oil price was less than $70, so after deducting the relevant expenses, the profit of $30,000 can still be guaranteed, which is roughly this level), then the return is 30 times!

How much money did Li Ruiyuan and his team invest in total? Not much, just over 2 billion, less than 3 billion US dollars.

So why did Li Ruiyuan say he would be numb?

Because, roughly estimating the return, this number, this number, will really make Gates angry to death!

But 30 times is actually an average number.

There are low ones, for example, in January and February this year, the transaction price of some of their contracts was only more than 80, less than 90 US dollars, which is only more than 10 times and less than 20 times.

But there are more high ones.

More than 1.5 billion US dollars were sold for PetroChina stocks, and they all bought contracts for June this year.

In October last year, the average price was about 90 US dollars a barrel, and if Feng Yiping remembered correctly, by June this year, the average price should be between 130 and 140, that is, at least 40 times the return.

So, futures are like this, as long as you bet right, dare to invest, and encounter a wave of market conditions, then you can easily create a Bill Gates.

But if you bet wrong, it is very likely that in a few months, not to mention Bill Gates, even Microsoft will be bankrupted.

This is by no means an exaggeration. In 1995, Barings Bank lost more than 1.4 billion US dollars because of a trader's mistake in futures trading, while the total assets of Barings Bank were only 860 million US dollars.

More recently, the scandal of Societe Generale was exposed in January this year. The funds involved were as high as 50 billion euros, which also exceeded the total market value of Societe Generale. However, because it was not discovered too late, it only lost 4.9 billion euros in the end - "only" 4.9 billion euros!

So futures, one step to heaven, one step to hell.

But for Feng Yiping, this is naturally heaven.

This is why Feng Yiping said in front of Lourdes that he would not be short of money this year, even 26 billion US dollars would not be a big deal.

Similarly, this is why he asked Goldman Sachs and Morgan Stanley to simultaneously acquire ARM and South Africa's MIH plan for it, and asked domestic scientists to screen which companies can be acquired from the perspective of rapidly developing related industries.

"I've seen the good show, and you've explained it clearly, right?" he asked Li Ruiyuan.

"Yes,"

"Then let's go down and have a chat," Feng Yiping said.

Li Ruiyuan glanced at his busy subordinates, "Okay,"

He knew that Feng Yiping had to explain himself again, and here, he had actually explained it clearly, and everyone knew what to do.

The reason why he stayed here, as Feng Yiping said, was to let him see such a good show.

…………

The two of them held an umbrella and walked along the Thames River where the wind was still cold, but Li Ruiyuan didn't even bring a windbreaker, and Feng Yiping, who was always afraid of the cold, only held Feng Yiping in his hand.

Therefore, the number of money on the passbook can not only give courage, but also have the effect of keeping out the cold.

Feng Yiping looked back at the financial district that made them excited, "This is a good place!"

Now, and in the next few months, the place that will bring him huge wealth is naturally a good place.

His eyes were once again on the conspicuous "cucumber".

He pointed over there and said, "Since the real estate market is so bad now, please take some time to find out about the situation over there. If you can, bring me this cucumber."

The tone was as if he was really going to the farmer's market to buy a cucumber.

ps: Please vote! Also, everyone is welcome to leave more comments.