(Some readers think that the protagonist's hairy hair will be fucked this time. With the American nature of urinating, it will not change anything. When the time comes, he will fuck you when it is time to fight you. When he sees that the high-tech field really cannot compete, the gangsters start to play. Of course, the protagonist's wave of urinating this time will only make them hate the protagonist even more. Mr. Luo: The debt is too much, and it won't be suppressed...)

——

New York.

Just like Bafilte's widely circulated investment motto: be afraid when others are greedy, and be greedy when others are terrified.

If it was to be portrayed as a one-scene drama, John Paulson might be the best actor.

It is worth mentioning that the current US Treasury Secretary Henry Paulson has a similar name to his, but the things the two do are very different.

This morning in Zhongyang Park, New York, John Paulson, 51, jogged along a lakeside trail here. Unlike other morning practitioners who were relaxing, he looked frowning and worried at the moment.

The current North American housing market is like the branches and leaves of this park, in full swing, but this has caused John Paulson's funds that specialize in shorting mortgage bonds to be lost.

What's more, news about the good housing market is now overwhelming, with optimistic housing market experts and lenders constantly advocating that housing prices will continue to rise, or that federal authorities will lower interest rates to maintain the market.

However, John Paulson firmly believes that winter will come.

By that time, even the most prosperous branches and leaves will wither in the bone-breaking cold wind, but John still wants to prepare for the establishment of a second similar fund recently.

Jogging in the picturesque Zhongyang Park in New York is a good way to relieve stress. John tightened the zipper of his sweatshirt and accelerated his pace...

A few minutes later, John's assistant came to the park and found him and rushed up.

"Sir, a mysterious investor contacted the hedge fund, and he allegedly brought in $3.3 billion in hopes of being able to entrust Paulson's hedge fund to manage it."

John immediately stopped and turned his head to stare at his assistant, saying in surprise: "What did you say? 3.3 billion dollars?"

His assistant nodded affirmatively.

John: "Who is God?"

His assistant shook his head and said, "It is being investigated that the information shows it comes from a trust fund that has been established recently, but he wants to be with you in person, and he claims to have come to New York and hopes to meet you today. He said he is in a hurry."

John Paulson became more and more curious, but more excited. He was preparing to build a second similar fund, but he didn't expect that investors would bring such a huge amount of funds.

"Reply to him, I'll see you right away."

John Paulson immediately ended the morning jog without any hesitation, left the park and went back to take a shower, changed into a suit and formal outfit, and then went to meet in person according to the address given by the other party.

...

About two hours later, John Paulson came to a hotel on Manhattan Island and met his mysterious client who was extremely curious in a living room.

"My God is you...Mr. Luo?"

At this moment, John Paulson looked at a young Chinese man in his sight with a look of surprise. Except for Luo Sheng, it was no one else.

Obviously, John Paulson people know his name and cannot not know him. Luo Sheng is now a well-known technology giant in Silicon Valley or Wall Street.

He is also the world's top super rich man, and he knows all the celebrities on the rich list.

"Please sit, Mr. John."

Luo Sheng said with a smile, Qin Weimu was also in this living room, but John basically ignored her.

After the shock, he had almost digested it. He immediately sat down at the side and said thank you. Then John said, "I didn't expect that the mysterious investors I met would be the most powerful Internet giant. Mr. Luo, what I want to know is, why did you come to me?"

Hearing this, Luo Sheng stared at the other party, without shy of his eyes, Yun calmly said: "I have a sum of funds in my hand and want to entrust the hedge fund in the world to manage it for a while. Now sitting in front of me is the most sensitive cheetah on Wall Street."

John felt a little moved, and he seemed to think of something and was quite shocked. However, he was a cheetah on Wall Street. His psychological activities were not shown, but asked tentatively: "I am sorry, Mr. Luo, have you also seen that the housing market is about to collapse?"

"That's right."

Luo Sheng admitted without hesitation.

Finally, he picked up the goblet on the table and signaled to John Paulson to invite the glass, and took a sip of it himself, shaking the wine in the glass, saying, "It seems that he is talking to himself:

"The North American housing market should start to surge in 2001. At that time, in order to cope with the bursting of the technology stock bubble and the market panic caused by the terrorist incident, Greenspan quickly lowered the short-term interest rate from 6% to 1.75%, and continued to lower it to 1% in the next two years, and maintained until 2005."

"The low interest rates have caused liquidity to flood, and the case-shiller index of 20 major cities in North America has almost doubled in five years. From the previous year to last year, almost everyone was immersed in the good market, and all financial institutions are doing subprime mortgages."

John Paulson was shocked. Although he knew that he was definitely not the only one who saw the potential crisis, Luo Sheng felt incredible. From the other party's tone, he seemed to have a premonition five years ago?

this……

Isn't he a part of the technology industry?

Crisis is an opportunity in the eyes of short funds.

At the same time, Luo Sheng continued without any haste, "I don't know if Mr. John has felt it. Since last month, the subprime mortgage crisis seems to have begun to show signs. The current market is prosperous on the surface but has faced great pressure. Within two months, there is no need for the housing market to fall. As long as the rise slows down, the crisis will occur."

At this time, John Paulson turned his mind and was greatly excited. He didn't know why Luo Sheng was so confident, but it didn't matter. This was a good thing.

The second fund is settled without any surprises. As for the other party’s identity, who cares? In John’s eyes, Luo Sheng is one of his potential big customers, just like other investors.

Everyone has and only one thing to maintain, that is... Franklin, green US dollar bills, that's all.

John nodded repeatedly and said, "Full agree, my hedge fund's research department studies subprime mortgage products. Through the mathematical model established, it was found that the housing market actually does not need to fall at all. It only needs to drop below 5% per year, so the subprime mortgage default rate will rise significantly. In fact, through analyzing a large amount of data, we found that before the peak was reached at the beginning of last year, the default rate had risen a lot."

Speaking of this, John Lian added: "But Mr. Luo, although I firmly believe that the housing market is about to collapse, I can't find financial tools to express the exact point of view now."

From the other party’s previous few words, John Paulson realized that although the other party was involved in the technology industry, he was obviously a financial expert. Even if he was not, there must be experts behind him planning for the future.

It is wise to be honest when dealing with such people, let alone the other party comes to the door on his own initiative.

There are so many funds on Wall Street that *** Ersen hedge funds are not the only option, John is very clear about this.

Luo Sheng said directly: "You don't need to show me any theoretical model to prove the view that the housing market will collapse, because I believe more than you that I have $3.3 billion of funds here can be remitted to your hedge fund at any time, which will be the greatest deal in history, Mr. John."

John: "That's right!"

It is enough to deal with smart people.

The two sides hit it off and things were finalized within three days.

Luo Sheng's US$3.3 billion was remitted to the Paulson Fund. For this reason, John Paulson's foundation will draw 0.9% of the profit as fund management fee according to the agreement between the two parties. John will also enjoy an additional huge reward, which is proportional to the return rate brought to investors by the foundation.

It is worth mentioning that this agreement was not signed in the name of Luo Sheng. He was very cautious. John also saw that the other party wanted to make a low-key blood sweep.

But it doesn't matter to John. He just needs to invest the money in Paulson's hedge fund. Even if the other party is not so cautious, John will not disclose information about his investors to the public. Even if FBI comes to investigate, he will refuse without hesitation.

After all, this is something that concerns your career.

This fund will short the CDO by shorting the bond credit-secured debt certificate (CDO) with subprime bonds as collateral and using the purchase of credit default swaps (CDs) to short the CDO.

John Paulson received this huge amount of US$3.3 billion in Luo Sheng, which directly led to the successful birth of the second similar fund of the Paulson Fund.

The two funds he managed quickly emerged on Wall Street. After a while, a large amount of anonymous funds poured into the Paulson Fund, and its total scale even reached an astonishing $30 billion.

If North America finds out that Luo Sheng is one of the big short sellers and makes a lot of money from it, I will definitely hate him even more.

However, for Luo Sheng, it will be a matter of time before the Americans attack him, and there is no reason not to take advantage of the good opportunity to make as much as they can.

...
Chapter completed!