Chapter 232 Financial Celebrity Andrew

On the prime time TV at 7 o'clock in the evening, the already well-known Andrew was talking again: "As I expected, Thailand has already responded to the malicious short-selling of hedge funds, limiting their sources of short-selling funds, and using Punitive interest rates increase the cost of their shorting. But at this time, it is too early to say that hedge funds will stop, because it is not clear how much foreign exchange reserves Thailand has consumed in the past few days, and it is not clear In terms of how many positions are prepared to attack the Thai baht. What is certain is that in the next week, the Thai baht market will still be strongly impacted. Then you can sit back and relax.”

In the last episode of the program, Andrew predicted that Thailand would severely crack down on the current short-selling of the Thai baht. Not long after he spoke, Thailand announced two extremely severe policies to combat foreign exchange as he expected. The short-selling of the market immediately made Andrew famous, and ATV also followed suit and invited Andrew again.

  As for the stock analyst invited last time, he was abandoned by the TV station because he bet in the wrong direction.

  No way, the financial world is so realistic, especially Hong Kong, an international financial center. In a society where almost all the people speculate in stocks, the pursuit of analysts who can accurately predict the market is very fanatical. Although what Andrew was talking about was macroeconomics, he explained the complex economic principles in simple language, so that the audience almost understood what it meant, and the "prediction" was correct, which gave him more Opportunity to show up.

  At this time, not only ordinary investors are paying attention to this program on ATV, but some fund managers are also preparing to listen to Andrew's "teachings" in front of the TV.

   "I'm sorry, Mr. Andrew, I would like to ask, is your Tianyu Fund also a hedge fund?" The beautiful hostess interrupted Andrew in time and asked a question that the audience in front of the TV wanted to know.

   Andrew was startled for a moment, lowered his head and coughed lightly, then raised his head and said unnaturally: "Yes, we are an asset management company, and our investment strategy is mainly to hedge risks, which is often called hedge funds."

  Hedge funds are also translated as hedge funds. These two concepts mean the same thing.

   "So have you guys done anything on Thai baht recently?" As soon as Andrew finished speaking, the hostess couldn't wait to ask. This sentence is naturally what the audience wants to know the most.

The embarrassment on Andrew's face became stronger. After a pause, he said slowly: "These you said are commercial secrets, and I don't have to answer them at all. But here I can reveal that our Tianyu The fund did not short a penny in this baht attack, because the stability of the baht’s currency value is not only related to a country’s currency system, but also to the livelihood of thousands of people. We are different from the greedy Wall Street, we provide Funds are given to enterprises to promote their reproduction and generate more profits to achieve a win-win situation.”

   "So what about your investors, are you satisfied with your so-called profit model?" The hostess still insisted.

   Not only Andrew, but even the director at the scene were a little confused about this kind of aggressive questioning, and didn't understand what happened to the host. How did they know that the hostess had recently hooked up with a talented person in the financial world, and it was the talented person who instructed her to ask these questions.

  As the saying goes, peers are enemies. When the fund manager who is also engaged in macro hedging strategies saw that Andrew had predicted the situation in Thailand, he was a little upset. His fund has a total capital scale of only 100 million U.S. dollars. This time, after getting the news that American capital is preparing to attack the Thai baht on a large scale, he bet all his net worth and even used twice the leverage.

  After hearing Andrew's analysis, he was very disapproving. You must know that the reason why macroeconomics is profound is that almost no one can tell what the future will be like, because economic development is a process of constant gaming. As a result, as soon as Thailand counterattacked, he suffered heavy losses. Fortunately, the boat was small and turned around, and he escaped successfully after stopping the loss in time.

   This person is none other than Maxim’s former colleague Jim Watson. After experiencing the pinnacle of his life and defeating the Nikkei Index, he began to wander around, but he was still in East Asia. When he came to Hong Kong last year, relying on his glittering resume, he easily raised a fund of 100 million US dollars, and he was even in the limelight in the Hong Kong fund industry for a while.

  Jim, who experienced a disastrous defeat, put all the blame on Andrew. In his opinion, if there was no reminder from Andrew, Thailand might not take relevant measures. In his opinion, BOT is composed of a bunch of stupid and mediocre people, and they can't compete with elite hedge funds at all, so they operate completely according to Andrew's suggestion.

   Secretly remembered that Jim, who hated Andrew and Tianyu Fund, encouraged the hostess Lin Yi to ask some sensitive topics, even involving commercial secrets.

Seeing that Lin Yi asked more and more excessive questions, Andrew couldn't help frowning, and replied bluntly: "Although Hong Kong has clear regulations on practitioners' public remarks, this fund is only established in Hong Kong and mainly operates the market. It is not in the Hang Seng Index, so I can still say a few words. Investors of this fund are very satisfied with the investment performance so far, and there has not even been a redemption event since its inception. As for the rate of return , what I can disclose is that it completely surpasses most of the funds in the market, and is not even inferior to some hedge funds in the United States.”

  Seeing that Andrew is so confident, Lin Yi's heart is pounding like a deer. She is a typical gold digger, otherwise she wouldn't have liked Jim who is nearly forty years old. But after hearing Andrew's words, a thought suddenly came to her mind, that the man in front of her might be even better than Jim, who just got started.

"I would like to ask, can I invest in your fund?" Lin Yi rolled his big eyes and asked softly, his expression was quite different from the aggressive one just now, as if he had put on another mouth Face.

  Where did Andrew see such face-changing skills, he was a little stunned, and the photographer caught Andrew's frozen expression in time and gave a big close-up.

Andrew, who hadn't noticed that he had become the focus of attention, was stunned for a while, then shook his head slightly, and politely refused: "Miss Lin, our fund has closed the subscription, and I'm afraid it won't be open for a short time. Moreover, we The threshold of the flagship fund is a bit high, and I am afraid that ordinary people cannot reach it."

  Although his words were tactful, everyone, including the studio, understood that this meant that Lin Yi was not qualified to join at all.

  Although Andrew has lived in Hong Kong for nearly ten years, he still hasn't fully learned the tact of the Chinese people. His words naturally offended Lin Yi greatly. Sure enough, Lin Yi's face was flushed with embarrassment and anger, and then he pretended to be nonchalant and asked, "So, what is the threshold for your flagship fund?"

  Although she pretended to have a very natural expression, when she said "how much", she was already gnashing her teeth. If it wasn't for this live broadcast, she might have left the door long ago.

Seeing her asking sensitive questions one after another, Andrew was already a little upset. If Zhong Shi hadn't done what he ordered, he might have left the meeting angrily, "However, one of our teams mainly focuses on the mainland Funds in the market and the Hong Kong market will soon be separated and converted into public funds, which will be open to all Hong Kong citizens, and everyone will be able to invest at that time." After he said these words to the camera, he turned his head and said to Lin Yi said: "As for the threshold of the internal fund, I can only disclose this number." After finishing speaking, he raised a finger.

   "1 million Hong Kong dollars?" Lin Yi blurted out, then shook his head, and then guessed: "10 million Hong Kong dollars? After all, it can't be 100 million Hong Kong dollars?"

   At this moment, the director on the scene shouted: "CUT!" Only then did Andrew, who was full of helplessness, be freed from Lin Yi's questioning, which was full of novelty. It turned out that the scene was out of control, and before Lin Yi finished speaking, the on-site director had already played the pre-prepared ending, and ended the show hastily.

   Seeing that the task was completed, Andrew didn't look good any more. He suddenly pulled down the microphone on his chest, slammed it on the host stage with a bang, stood up and walked out.

"Mr. Andrew, please wait a moment, oops!" The chubby on-site director hurried to catch up, but before he could get to Andrew, he saw a young man with an unremarkable appearance suddenly stretched out his arm and pulled the boy who couldn't catch his feet. The on-site director firmly held it down, not letting him take another step forward.

   "Is there anything else?" Seeing that it was the director, Andrew's expression slowed down, and he glanced at the bodyguard next to him, signaling him to let go of this person first.

"How much is it?" The chubby director gasped twice, and then he calmed down his rapid breathing. However, what made Andrew a little bit dumbfounded was that this director was so curious, no less than the sharp-mouthed one just now. The hostess even chased her out.

"Ms. Lin guessed a number right just now, um, it's the biggest one. But we don't denominate in Hong Kong dollars, we all denominate in U.S. dollars." Andrew pondered for a moment pretending to be deep, with a embarrassed look on his face, and then he relaxed. He raised his eyebrows, laughed, and whispered these words in the director's ear, then patted the extremely shocked director on the shoulder, and walked away accompanied by bodyguards.

   Thanks a lot for making me think about my first tip of the month!

  

  

  (end of this chapter)