Chapter 194 [Layout of the Subprime Mortgage Crisis]
With the very smooth conclusion of the developer conference, Luo Sheng did not really take a long vacation for himself, but temporarily took his energy away from the two companies, because there were more important things to deal with next.
2007 is approaching, Luo Sheng can't wait any longer. Now the best chance to sell has come. If you wait any longer, there will be no chance to harvest.
On Wednesday afternoon, Luo Sheng's office.
"Come in."
Luo Sheng responded and looked up.
Qin Weimu entered his office, came to stand in front of his desk, put down the stack of documents in his arms, and said, "This is the material you want."
Luo Sheng picked up the materials and opened the list, and watched silently for more than ten minutes. Qin Weimu naturally wrapped his hands in front of him and stared at each other without saying a word.
She looks really amazing in this pose...
However, Luo Sheng's attention was not on her at this time.
"Just these two. Contact them as soon as possible. In addition, you go to prepare and go to New York with me in a few days."
Luo Sheng took a pen and ticked two directories on the materials, namely Paulson Hedge Fund and Successor Hedge Fund, both of which are funds specializing in M&A arbitrage and event-driven investment.
Qin Weimu's beautiful eyes flickered, and she couldn't help but say, "Go in person? Are you not afraid to worry about revealing the source of funds?"
Luo Sheng said: "Of course I won't trade in person. This is not my specialty. I just meet the heads of these two funds, that's all."
Hearing what he said, the doubts in Qin Weimu's heart were quickly dissipated, and it was no problem to meet the heads of the two funds.
It is also impossible for them to disclose the information of their investors. The sources of funds of these hedge funds are quite rich. Once the information is leaked without the consent of the investors, it is not necessary for them to mix in Wall Street.
Because there will be no more investors, basically say goodbye to your career forever.
In particular, the more influential large funds, such as Paulson Hedge Fund, in Luo Sheng's last life, the series of operations of its head since the subprime mortgage crisis once overshadowed financial predators like Soros. .
Not ordinary people.
Qin Weimu couldn't help the curiosity in his heart, looked at Luo Sheng and asked, "Should you be able to tell me now? What exactly are you going to do short?"
Luo Sheng tilted his head and stared at the pretty face in sight: "A financial turmoil that is ignited by North American subprime mortgage bonds and sweeps the world is inevitable."
Hearing this, Qin Weimu couldn't help but be stunned for a while, and said, "When did you start studying financial bonds?"
Luo Sheng smiled and said, "Can you do it secretly?"
Hearing that, Qin Weimu threw him a big white eye, and after a while he said thoughtfully: "Since working with you, I have not paid much attention to the international financial market, I just read the relevant news occasionally and listen to you. Saying this, I remembered that I read an article on finance in the first half of the year, which shocked me. Subprime mortgages in the United States are crazy. Banks are crazy to lend money, even in the name of pets. ."
Luo Sheng sighed: "As Warren Buffett famously said, 'Be fearful when others are greedy, and be greedy when others are fearful'. When the collective greed and madness of the market feel the fear of the coming financial crisis, the bankers on Wall Street are now One-handedly messing with housing loans, one-handedly engaging in credit default swaps (CDS), and secretly engaging in secured debt obligations (CDOs), you can sell anything for money, and you have to make money no matter where the gambling agreement is, hehe…”
After saying that, Luo Sheng got up from the desk, poured a glass of water by himself, and sat on the sofa next to him, looking at Qin Weimu's beautiful profile.
"Prepare to cash out, cash out all the Bluestar Technology stocks held by the family fund, and I will sell another 20 million shares... Emmm, why don't you sell all your stocks, so that your value will be doubled, how about you? ?"
Qin Weimu leisurely turned around and sat down next to him, staring at the other party: "All? From an investment perspective, this is very irrational. What if you lose money?"
It is worth mentioning that, in addition to holding the shares of Bluestar Technology Group, more than 95% of the assets under Qin Weimu's name are under the name of the offshore family trust fund established for Luo Sheng. All the stocks held in Bluestar Technology are cashed out and shorted. In case of no return, the rhythm of resetting to zero is basically overnight.
Luo Sheng immediately sat upright, watching Qin Weimu solemnly say: "It's impossible to lose money, I will personally guarantee the mortgage to you, if it's a big loss, I'll just pay you back, the legendary man and wealth, or The kind of blood you can't lose, right?"
Hearing this, Qin Weimu glared at him angrily: "Don't follow me like this."
Luo Sheng said seriously, "Actually, I don't like condoms either."
Qin Weimu: "..."
Seeing this, Luo Sheng hurriedly changed his words: "Okay, let's not make trouble, let's be serious, you can figure it out."
Qin Weimu didn't hesitate too much, and rarely said unreasonably: "Okay, I believe you, anyway, you have to compensate me for the loss. This is what you said, don't go back on it, otherwise..."
Luo Sheng said decisively: "Or else my ancestors will pay you back?"
Before he finished speaking, he rushed towards the other party, causing the beauty to change slightly.
Luo Sheng looked at her with a smile and said, "Why are you panicking? As the saying goes, a strong melon is not sweet. Fortunately, I'm not very thirsty, so I plan to keep the sweet ones. But I'm super curious. How to solve that problem? Or use a bouncing ball or something..."
Before he could finish speaking, Qin Weimu, who was blushing and shy, grabbed a sofa pillow next to him and threw it towards Luo Sheng, who caught it quickly: "Yeah, it's hard to see how desperate you are. It's not true that I'm telling you?"
In the past, Luo Sheng would definitely not be so presumptuous, but since she took away her first kiss at the beginning of last year and had this kind of detached relationship, she has roughly figured out her character after spending so much time together.
In this situation without the presence of a third person, there is nothing wrong with taking advantage of the mouth, and even if you are greedy for a while, you can take a risk.
"I do not have!"
Qin Weimu immediately denied it, and suddenly felt a feeling of getting darker and darker, and suddenly felt a burst of anger and speechlessness.
However, the professional qualities she developed as a lawyer made her calm down quickly. After a while, after adjusting her mentality, Qin Weimu threw an indifferent face at Luo Sheng, turned her head away, and said "No" on her face. I don't want to ignore you.
Luo Sheng coughed a few times and said with a smile, "Okay, okay, let's get down to business. Well, you should deal with it as soon as possible, and sell the stock for cash."
After confirming that he was no longer playing a hooligan, Qin Weimu just ignored him again, talked for a few words, and once the business was done, she decided to leave, so as not to be violated by her spirit again.
...
According to Luo Sheng's decision, Qin Weimu began to sell shares of Bluestar Technology to cash out to reserve cash.
The current market capitalization of the top ten listed technology companies in the world are:
Microsoft: $293.5 billion
Cisco: $166 billion
IBM: $149.7 billion
Blue Star: $134.9 billion
Google: $125.8 billion
Intel: $117.5 billion
Samsung: $112.7 billion
Apple: $72.9 billion
Dell: $71.6 billion
Yahoo: $48.2 billion
In addition to the top ten listed technology giants in the global technology industry, there is another big technology giant Oracle that cannot be ignored. However, Oracle has not yet been listed, but its valuation has reached 88.7 billion US dollars.
Since the release of the third quarter financial report of Bluestar Technology, the market value has risen sharply again. Every financial report release will usher in a strong rise, and the annual report will soon be released. Luo Sheng will not doubt that once the annual report is disclosed, it will definitely rise sharply. , because he already knows the approximate revenue and profit data, but it is still under further audit.
But there was no time left for Luo Sheng.
In the next week, Luo Sheng, Qin Weimu and their affiliated offshore trust funds successively conducted large-scale cash outs.
The first is Luo Sheng, who sold 1.59% of his shares on October 15, a total of 21.78 million shares, and cashed out $2.14 billion at a price of $98.47 per share.
And Luo Sheng's shares in Bluestar Technology Group have also been reduced from 27.53% to 25.94%. As the founder and helm of Bluestar Technology Group, the news of Luo Sheng's cashing out this time immediately triggered the market's turmoil. huge attention.
The next day, the spokesperson representing Luo Sheng held a temporary press conference, explaining that the purpose of this cash-out was to restructure and optimize the allocation of personal assets, and that it was within the restricted sales ratio, and the company was operating in good health.
The subtext is: you people don't see wind and rain, the company is developing very well, and my brother will not cash in and run away with my sister-in-law.
In fact, Luo Sheng really wants to cash out and leave the market. In theory, he can throw it all away, because on top of Bluestar Technology Group, there is an enterprise with a limited partnership structure that holds 100% of Bluestar Technology Group. This limited partnership enterprise It is equivalent to the parent company of Bluestar Technology Group, and the company will not be restricted by sales restrictions.
Everything is legal.
Such an explanation is given, which is a manifestation of responsibility for the market and the majority of small and medium investors, and has not caused much negative effects.
Gates is also constantly selling his personal holdings of Microsoft's shares. Some outside investors understand it as asset diversification, which means that all eggs are not placed in one basket.
More professionally, it is called hedging.
Later, Qin Weimu also sold off all the shares she held in Bluestar Technology, cashing in US$1.75 billion, and all the assets in the family-style offshore trust fund pool such as Luo Sheng's were added together. , Qin Weimu is now worth $1.8 billion.
In the end, she cashed out the shares of Bluestar Technology held by the offshore fund itself, and cashed out $3 billion. When she bought it, it was only $1 billion, and it achieved a 200% return in less than a year.
This is the largest scale of exit funds since the listing of Bluestar Technology Group. Even Wall Street is paying attention. No one knows which shareholder threw it away. With the huge investment of 3 billion US dollars, Bluestar Technology The stock price of the company has finally been fluctuated, and the emotional reaction of the market has suddenly come up.
The market opened on October 14. Affected by this sentiment, the stock of Bluestar Technology continued to fall, and the market value fell to US$133.5 billion in after-hours trading.
Some investors questioned whether there was something wrong with Bluestar Technology Group?
It has to be said that the stock market is sensitive, especially when large-scale funds leave the market quietly.
The fluctuation of the company's stock price did not affect the operation of Bluestar Technology Group, and Luo Sheng did not explain anything to the outside world. He only did one thing, held a meeting within the company to stabilize the management. , especially reminding not to pay too much attention to the changes in the company's stock price, otherwise it will become a slave to profits.
As long as Luo Sheng doesn't panic, no one in the management will panic.
Moreover, Bluestar Technology is not short of money at all. Last year's second public offering raised US$7.5 billion, and now the company's total cash reserves have reached US$12.6 billion, which is only available in the world. Numbers, even if the winter falls again, the company still has enough food to survive the winter.
This cash-out plan actually received US$6.2 billion after tax.
In mid-October, before the release date of Azure, Luo Sheng took Qin Weimu and other team a dozen people to New York on a special plane to start the harvesting operation.
...