Extraordinary Genius

Chapter 951: Fame and Fortune (9/10)

After the phone rang a few times, Feng Yu answered the phone calmly: "Hi, George."

"Feng, I think we need to have a good talk."

"I think so too, so where do you think we should start talking?" Feng Yu had a playful smile on his lips.

"Feng, the funds that have been stabilizing South Korea's exchange rate recently belong to you, right? South Korea's countermeasures are also yours, right?"

Originally, South Korea was forced to report only contracts larger than 1,000 lots, but Feng Yu and the others secretly advised South Korea that short-selling contracts of more than 100 lots must be reported, and the holder must be indicated!

Although this will increase a lot of workload, it can clearly grasp the opponent's movements so that they can adjust their strategies at any time. Moreover, Soros is completely exposed, so that everyone knows that Soros is short selling Korean won in large quantities.

In addition, the adjustment of interest rates will be normal, and the short-term borrowing of South Korean won will be strictly restricted. This is also one of the most practical means against Soros and the others.

"How could it be me? I don't know who it is." Feng Yu refused to admit it, since Soros had no evidence anyway.

Soros was stunned, he didn't expect Feng Yu to deny it. If you don't admit it, I won't know it's you. Besides you, who else?

"Okay, Feng, then I won't ask about this. I want to know, are you interested in cooperating again?" Soros believed that Feng Yu had no reason to continue to confront him in the face of such visible benefits.

In fact, when he called, Soros was already at a disadvantage. He lowered his stance just to make money. Of course, if he makes enough money, will he think of a way to target Feng Yu again, who knows?

"Cooperate again? How to cooperate?" Sure enough, Soros came to seek peace.

"We joined forces to suppress the Korean won. Now South Korea's strategy is good, but it has a fatal loophole, that is, it needs huge foreign exchange reserves as a support. And their foreign exchange reserves have almost been exhausted. It is less than tens of billions of dollars. As long as you and I join forces, it will be easy for the Korean won to fall below their expectations, and they can only adopt a floating exchange rate system to solve their difficulties, otherwise it will cause serious domestic inflation!"

Severe inflation can hurt a country more deeply than a financial crisis, and getting out of inflation is far more difficult than getting out of a financial crisis.

Once the Korean won has fallen sharply, South Korea has only one choice. The lesser of two evils, Soros has already expected.

At that time, no one could stop Soros and the others from making a fortune.

Of course, the sooner this happens, the more Soros earns. After all, Soros is losing a lot of money every day now.

And now Feng Yu must have a large amount of Korean won in his hand. If he sells it with him, he will definitely catch South Korea by surprise, so that South Korea has no chance to resist.

"But they still have nearly ten billion dollars, don't they? Why don't you let them spend the ten billion dollars first?" Feng Yu suggested with a smile.

Soros was silent. Sure enough, Feng Yu made this request.

This means that Soros will sell another 10 billion U.S. dollars of Korean won, and let South Korea take over, so as to bring in the last bit of South Korea's funds.

And Soros will naturally lose some more, and the available funds will be even less.

And there is another very important point, that is, the risk of Soros has increased a lot. He must buy some contracts in which the Korean won appreciates as a hedge to ensure that the contracts he sells short will not be liquidated.

In this way, Soros' profits are bound to decrease a lot.

Everyone invests together, others earn more than themselves, and they pay more, who can be happy.

Feng Yu didn't speak, just waiting for Soros to think about it. Since Soros took the initiative to call, it means that Soros's funds are also in a hurry.

"Feng, when we do business together, we should be on an equal footing."

"George, don't you want your Quantum Fund to be famous? This time I persuaded those Xiangjiang people to back down, and their reputation was also affected. In the eyes of others, it is you Soros who once again won a big victory, Shame on you!"

Soros' defeat in Xiangjiang last time had a great impact on his reputation. At least the number of people who followed him was obviously much less.

But this time, Feng Yu asked the Fu family to take the lead, and challenged Soros in the name of the fund company that Xiangjiang had defeated Soros. Once they retire, Soros' reputation will return to its peak, which is also very important for an investment fund.

Feng Yu's meaning is very clear. Why do you, Soros, want fame and profit at the same time?

Fame and wealth, you can indeed take both, so there must be a focus. If you want to get more fame, then you will get less profit. If you want as much profit as you want, that's fine, you admit failure.

Soros absolutely cannot declare failure. Then his Quantum Fund will inevitably have a lot of divestments, which will not only affect the current profits, but also affect the future of the Quantum Fund.

Soros is also hesitating. He must maintain the reputation of Quantum Fund. This is also to maintain his reputation as the world's number one hedge fund manager. This reputation alone can bring him huge benefits.

But if he continues to invest a large amount of money according to what Feng Yu said, then this time in South Korea, Feng Yu's profit will once again exceed his, and it will be even more difficult for him to move Xiangjiang in the future!

Could it be that he, Soros, is really going to fail once, that he really has no chance to avenge his shame? Or is it that he can only avenge his shame on the surface, but in fact he still loses?

Fame and fortune, which is more important?

There was a long silence on the phone, and Soros' voice came: "Feng, just do as you said, I will continue to sell 10 billion US dollars of Korean won, and then we will do it together. This time, Quantum Fund won, right? ?”

"That's right, this time, Quantum Fund defeated Xiangjiang's wealthy group." Feng Yu said with a smile.

Let you take advantage of the verbal advantage, anyway, it is enough to put the profit in your pocket. Soros wants fame, Feng Yu wants profit, and those wealthy groups in Xiangjiang are also looking for profit.

And I believe that after this time, Soros will not continue to try to attack Xiangjiang, unless Soros can raise more funds, but it is not realistic.

"Okay, then wait for my good news."

"Wait a minute, George. I found out that Xiangjiang still has some futures contracts. I wonder if you can persuade them to deliver?"

Soros didn't expect that Feng Yu would also discover his reserve backup.

"Okay, I'll convince them."

After hanging up the phone, Feng Yu showed a triumphant smile. Although Soros failed to suffer a big loss this time, Soros will definitely not earn much money in South Korea. After all, Soros has invested too much.

And the funds reserved by Feng Yu just happened to be able to sell Korean won with all their strength. This time, most of the profits in the South Korean market... will be taken away by Feng Yu and the others!

Chapter 944/2082
45.34%
Extraordinary GeniusCh.944/2082 [45.34%]