Chapter 1663 Brother Ji Is Also Greedy

When many companies in the world were attracted by Fengyu Holding Group, Kirilenko had already quietly come to Xiangjiang.

"Feng, why did the crude oil drop again?" Kirilenko asked impatiently as soon as they met.

"Brother Ji, calm down, calm down." Feng Yu smiled and patted Brother Ji's big hand on his shoulder, "If you follow what I said and didn't use more than ten times the leverage, then you don't need to worry."

Crude oil had already risen to 55 US dollars per barrel, but it fell back to 51 US dollars in the past two days. The drop is less than ten percent, so as long as you don't use more than ten times leverage, you won't be liquidated.

Kirilenko moved his lips, but said nothing.

Feng Yu's eyes widened: "Brother Ji, your agent suggested that you use a higher leverage?"

If so, that broker is simply not qualified. The greater the capital, the more stability is required. This is an eternal truth.

Kirilenko said embarrassingly: "No, they don't agree, even they don't agree with me using ten times the leverage. It is better to suggest that I use twice the leverage first."

"Well, it's not bad, it's qualified." Feng Yu nodded with satisfaction, "Then you didn't do hedging either?"

"No, don't you also think that crude oil will definitely rise this time? high leverage."

Another sum of money?

"Brother Ji, didn't you put the risk reserve into it too?"

The risk reserve fund is used to increase the margin at any time, spread the leverage ratio, and reduce the loss of money. For example, if you use 10 times leverage, but seeing that the futures price is about to fall by 10%, then you need to double the margin to make the leverage 5 times, so that the position will be closed when the drop reaches 20%.

What's more, this money can also be used for reverse operation. If the decline is very sharp, then there is no need to call for margin, but reverse operation for short selling, and use the profit of this contract to dilute the previous loss.

Risk reserves should never be used lightly, even when you think you will win, there must be a surplus. Nothing is absolute, such a large sum of money, absolutely can not be desperate.

"Half, only half." Kirilenko whispered.

"And then, the money was lost?"

"No, I used the remaining half and lowered the leverage. But if it continues to fall, then I will still liquidate my position."

Feng Yu shook his head: "Brother Ji, with your wealth, there is absolutely no need to take such a big risk. Being conservative this time is enough for you to make a lot of money. Why bother? The futures market itself is risky, and you still use it. It’s too aggressive to use higher leverage.”

"I still have a sum of money, and I will lend it to you later. You invest in it first, and then lower the leverage ratio again to get the capital out. Although you will still lose some money, you must have a risk reserve in your hand!"

"Okay, I'll listen to you."

When Kirilenko came here this time, he actually wanted to borrow a sum of money from Feng Yu, and then get some money out of it. When he used high leverage, although his agent objected in words, he was the boss, and the objection was invalid.

But now he has regretted it a long time ago. He doesn't even have a half-knowledge about finance. In the future, he should be more on the safe side as Feng said.

He wanted to make more money and surpass Bill Gates, so he took the risk.

But if the result of the risk is that he can't even keep his status as the world's top ten richest man, that would be a big loss.

This time was also a lesson for him. Playing finance is much more difficult than managing a company. Kirilenko envied Feng Yu very much, Feng Yu was able to handle such a difficult business.

"This time, how much money can you invest in total?" Feng Yu asked.

"At present, I have raised nearly 8 billion US dollars, and some stocks can be transferred by agreement immediately, and I can get about 2 billion US dollars in the account, and the total can be almost 10 billion US dollars.

"

Although Kirilenko has a net worth of 30 billion U.S. dollars, there is only so much cash he can take out. It is also very rare for a rich man like Kirilenko who can spend one-third of his net worth.

This number is similar to what Feng Yu estimated. He knew that Brother Ji would definitely raise a lot of funds, and then he wanted to make his net worth surpass Bill Gates in one fell swoop and become the second in the world.

"What about the security deposit, how much have you reserved?"

"A billion dollars."

"Less. It's just the beginning, and the general trend has not yet formed. The margin should be kept a little more. Later, depending on the situation, you can add more contracts. But this is also good. If it is one billion dollars, I can almost help you get back nine hundred million dollars. If you're lucky, you might get all the principal back."

Kirilenko grinned, and he could accept a loss of only 100 million dollars.

In fact, Kirilenko did not tell the truth this time. The funds he can raise are not just 10 billion US dollars.

He is running several of his subsidiaries to go public, and taking advantage of the good stock market conditions, he will definitely be able to raise a lot of funds.

Of course, he cannot touch this fund. When the stock was raised, he had never heard that the fund was raised to distribute dividends to shareholders. But he can withdraw the working capital of this subsidiary in advance in the name of dividends or other things.

Use the funds obtained from the stock offering to allow the company to develop normally.

That is to say, a company that did not need to raise shares in the first place and could develop well, let him make it difficult to raise funds without raising funds, and the capital chain will have to be tempered.

He paid out shares in those companies, but also raised a lot of money. And through this method, he has become more closely connected with the rich in some countries such as the Commonwealth of Independent States, and others are united around him, with him as the core.

In addition, he plans to mortgage some of the company's stocks and borrow from the bank. The reason for the loan is also very simple, just make up one that can be justified. His high-quality stocks are not only in Russia, but even in Europe and the United States.

For example, if a company’s assets are appraised at 100 million, but you put them all as collateral, the bank can lend you a maximum of 70 million, or even 50 million. They have to consider the risk of asset depreciation, even if everyone The same is true for identified high-quality assets.

Of course, Kirilenko also collected a lot of antique works of art, and he is also asking the bank to evaluate them, and he is ready to mortgage them all.

This time, he wants to get more capital so that his profits will be higher. Feng said that this is the best chance to surpass Bill Gates. Next time, it may take another seven or eight years.

In 1978, Kirilenko couldn't wait that long, and this time he surpassed Bill Gates. Next time, he will make his assets exceed 100 billion U.S. dollars!

... (To be continued.)