Chapter 918 Huge Floating Profit on the Eve of Oil Futures Harvest

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Back in New York again, Xia Yu first paid attention to the situation of the merged Philip-Solomon Company.

There are still some areas in the company that have not been fully integrated, but in terms of progress, Xia Yu has nothing to say. John Gufran, the later "King of Wall Street", is very capable.

And even in the midst of consolidation, Philip Solomon is still doing well.

Philip Solomon's strength in the futures field is still very strong. Although it has temporarily cut off the business of advanced copper futures and aluminum futures, in the field of oil futures, Philip Solomon's investment is still very fierce.

But think about it, anyway, Philip Brothers used to be a leader in futures, that is, after being calculated by Xia Yu, it was put on the ground. Now that it has merged with Solomon Brothers, it is still a giant to other peers.

After that, Xia Yu also learned about the investment and operation of the New York branch of Jiuding Securities Co., Ltd. Toby Moulton managed the company well.

And while Northstar Capital didn't take Disney, Toby Moulton bought a 13.6 percent stake on Wall Street.

Xia Yu plans to transfer the shares of these Disney companies to the British Bright Fund to prepare for future actions.

After that, Xia Yu brought the pre-investment target survey data collected by Toby Moulton, and after browsing, he circled several key long-term investment targets.

The most typical is Kodak, the camera giant.

Xia Yu knew very well that 1981 was the era of the so-called photo. Kodak launched epoch-making products. In the 1980s, many Chinese people left the shadow of Kodak in their best youth.

Also in this year, Kodak's sales exceeded 10 billion US dollars, and its market value quickly exceeded 10 billion US dollars in this year, becoming the tenth largest company in the United States by market value.

So at this time leveraging financial leverage to invest in Kodak, the returns are absolutely high.

After the news of Xia Yu's coming to New York was known by Warren Buffett, the latter specially invited him to lunch at the most famous steakhouse in New York.

While enjoying Warren Buffett's compliments, Xia Yu had a good chat with him about investing, which made Warren Buffett gain a lot.

If Warren Buffett would listen to Xia Yu's advice, the value of this lunch would be more than a few million dollars, tens of millions or even hundreds of millions of dollars.

When he left, an idea popped into Xia Yu's mind. Maybe in the future, when he held an annual big auction at his Sotheby's auction house, he could add an item called "Lunch with Xia Yu", and then use the funds from the auction. It can definitely be a good talk if it is used for charity.

Of course, Xia Yu dismissed the idea after the lust. Compared with being famous in the world, he prefers to hide himself behind the scenes. This is the way a real capitalist who dominates the distribution of resources in the world should behave.

Maybe a cup of tea or an opportunity to have a meal decides or facilitates something that has a profound impact on the world.

Those who are exposed to the spotlight and jump around under the eyes of countless people are called the rich, and at best they are super rich.

Finally, Xia Yu quietly came to the location of Galaxy Fund. After inspecting the company, he called Xue He, Song Yang and others for a meeting to make arrangements for the investment in oil futures.

In the conference room, Xia Yu flipped through the reports provided by various investment groups.

Find out what's really going on with Galaxy Fund today.

During the four months from September to December in 1980, Xue He and others were not idle. Although the price of oil futures had been rising, they still steadfastly invested their funds.

That is, after the official entry into 1981, the entry of funds was completely stopped. Although the price of oil futures rose more and more, they all carried out Xia Yu's orders faithfully and resolutely did not enter the market again.

In the four months from September to December, Galaxy Fund once again invested US$1.378 billion to enter the oil futures market, this time again without using leverage.

Mainly considering that David Rockefeller knew that he was speculating in oil futures, so Xia Yu could only do this to be on the safe side. Anyway, he didn't have much else, just a lot of liquidity.

After four months, the investment of 1.378 billion US dollars, the average purchase price was 30.1 US dollars / barrel, and a total of 45,800 lots were bought.

So far, the Galaxy Fund has invested a total of US$7.138 billion.

In addition to the oil futures contracts previously held, Galaxy Fund holds 313,600 futures contracts, which are well hidden behind the scenes of oil futures speculators.

Based on today's latest opening price of $33.7 a barrel, the total value of these oil futures contracts is now $10.57 billion.

Subtracting it down, the floating profit is as high as 3.43 billion US dollars!

More than 2 billion more than the 1.256 billion US dollars calculated at the end of August, making a profit!

Of course, no matter how much you earn this time, it will definitely not exceed the amount you earned when you speculated in gold futures before.

No way, who made today's oil futures market just started, and the market capacity is far less than the gold futures market, and he invested less money than he had invested in gold futures before, so it is very good to have so many floating profits.

Putting down the report, Xia Yu tapped the table with his fingers and focused everyone's attention on himself.

Xia Yu said slowly: "Now the number of contracts in our hands is very large, do you have a complete exit plan?"

"Boss, my group has already designed it. After repeated deductions, there should be no loopholes."

"Boss, my group has also made a plan..."

...

A group of executives responded in succession.

Because they have already experienced a bigger scene than they are now when they speculate in gold futures, they all have experience.

Since there is no problem with expressing his position now, Xia Yu is relieved.

"Boss, now the price is about to reach $34/barrel. The price fluctuations are already a little obvious. Should we withdraw?"

After hesitating for a moment, Xue He said worriedly.

Others are also staring at Xia Yu, and they also have this concern.

Xia Yu smiled and said slowly: "Don't worry, there is still a lot of room for improvement."

"Don't look at the volatility today, watch TV tomorrow, keep an eye on the news from the White House, and make sure that oil futures prices will skyrocket!"

Xue He and the others' eyes lit up, and they heard what the boss Xia Yu meant.

"Boss, tomorrow is when the US President takes office. Will the US government intervene in oil futures policy?"

Song Yang asked hurriedly.

They all know that the boss was busy with the U.S. election last year. Although they don’t know the details, they know that it would definitely not be a small matter to make the boss spend so much energy doing this.

Therefore, in their view, it is absolutely possible to learn about the decrees that the US government has not announced yet with the energy of the boss!

It's a pity that even if they were curious, Xia Yu didn't tell them, just said again: "Tomorrow you will know."

When everyone was lost, Xia Yu said again: "But now I will draw a line for you. As long as the oil futures price exceeds $37/barrel, you will start to exit in an orderly manner."

“According to my estimate, the peak should be above $39/barrel.”

"With two dollars left, can you finish the retreat?"

"can do!"

"No problem boss!"

...

Xia Yu nodded slightly, but he was not worried.

According to the original historical trajectory, the oil futures soared due to the oil crisis this time, but it exceeded $39/barrel, but it never broke through the $40/barrel line.

This time, he also invested more than seven billion US dollars to enter the market, which directly raised the threshold.

And he ate such a big piece of the cake, so the cake allocated to the financial giants on Wall Street was naturally smaller.

With their greedy faces, they should not retreat without getting enough benefits, so it is very likely that they will continue to raise prices toughly.

Under the influence of his butterfly wings, the oil futures price this time is likely to break through the $40/barrel mark, fulfilling the unfulfilled wishes of those speculators in the previous life.

So he arranged for a price of $37/barrel and then fled, which is not too safe!

Finally, the meeting ended with Xia Yu's inspiring words.

Xia Yu returned to the manor on the outskirts of New York, ready to take a good rest and recharge for what will happen tomorrow.

This evening, Ronald Reagan held a special "candlelight celebration" to reward donors and entrepreneurs for tomorrow's inauguration, and of course to invite people who support his election.

But this kind of celebration to save Ronald Reagan did not send an invitation to Xia Yu, even if he did, he would not go, which was not in line with his status at all, because tonight's party was only held for ordinary supporters.

His stage is tomorrow night!

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