Chapter 696 The first hedge fund (2)

   "Isn't that too risky?"

   While Gross was discussing with his men, Rodney Jones was discussing the same thing with Soros in the Quantum Fund on the east coast.

"What's up?"

  Soros didn't react for a while, but when his eyes fell on the national debt yield curve that appeared on the screen on the wall, he immediately woke up, "You mean the matter of setting up Tianyu Fund?"

"That's right! The general opinion in the market is that the ten-year treasury bond yield is currently low, and should rise to a 'normal' level according to past rules. But for Zhong Shi of Tianyu Fund, this statement is fundamentally I can't convince him. Since I was designed by him last time, I have carefully collected information on this guy's operation style and personality traits, including contacting some former employees of Tianyu Fund. These information were then sent to several famous According to the analysis results from the feedback from the psychologist, I finally got the character characteristics of this person, in simple terms: extremely confident, self-willed!"

   "Oh? How do you explain that?"

   Rodney Jones' heart tightened, and a horrified expression appeared on his face. He never imagined that the defeat in the Porsche acquisition case had dealt a heavy blow to Soros. Originally, he thought that Soros would gradually forget about this matter after a period of time, but now Soros planned a counterattack plan with lightning speed, and even calculated the opponent's psychological characteristics in the preliminary preparations.

   "Two things!"

Soros' eyes gradually became firmer, and he said in a deep voice, "In 1998, the entire Tianyu Fund was opposed to being involved in the currency crisis, but Zhong Shi insisted on going his own way and ignored other people's opinions at all. Regarding the matter of shorting the Everlasting Flower Fund, he directly abandoned all the researchers of the Tianyu Fund and set up another team in the United States."

"Starting from scratch gave him enough self-confidence, and it also made him swell rapidly, and he couldn't listen to other people's opinions. Although he made all the right bets on these two major incidents, the first one does not rule out the possibility of him colluding with the Hong Kong government. Then Or, the biggest possibility is that he conspired with other energy funds to completely overwhelm the Evergreen Fund. Although he was lucky to bet on this matter, he was just passive without working as an analyst and researcher. There is no tree without roots, and the arrogance will not last long. And for all of this, I have found him an opponent who will never be able to cooperate with him, and will never be able to use funds to destroy him."

   Speaking of this, Soros grinned and showed his thick white teeth, "The U.S. government, even if you have supernatural powers, you can't convince Mr. President, or compare the amount of funds with the Federal Reserve?"

"It's really impossible!" Rodney Jones was terrified, but he admired Soros' strategy to the extreme. This indeed blocked any possibility of "cheating" by Tianyu Fund, but he still had a question, "If Does he not take the bait, or go long as we would like?"

   "Don't worry, not only has he moved, but he is still operating as I expected."

Soros laughed and said, "You probably didn't expect that this guy not only focused on the 10-year U.S. Treasury bond, but also paid attention to this market one step earlier than me. You may not know it, even if it is Tianyu Fund's internal discussion on the 10-year Treasury bond. The U.S. debt report also has my share of credit!"

"what?"

  Rodney Jones was really shocked this time, "We broke into Tianyu Fund again? This... How is this possible? Could it be that some of them were bought again?"

"Of course not. After using a similar trick once, the other party must have taken precautions." Soros waved his hand indifferently, "How could that little guy ignore this? This time I just followed the market's direction." Sentiment, giving a real-time view of the U.S. economy."

"That's it?" Rodney Jones frowned, with a look of obvious disbelief, "Some time ago, you frequently appeared on TV media, so it was for this purpose. But what I still don't understand is, Could it be that you can guide Tianyu Fund to appear in the national bond market based on these few appearances of yours? Also, how can you conclude that Zhong Shi is long and not short?"

   "This is the most ingenious part of the whole thing!"

Soros said proudly, "As the person I admire the most in my life and my biggest opponent, I have been paying close attention to Zhongshi's every move. Out of sympathy, I think he will treat my every move just like me. Very concerned. Any top fund manager who has seen what I say on TV will focus on the Treasury market, especially the volatile 10-year Treasury market. Now there is only one question left, Why would he choose to go long instead of short?"

"Anyone with an opponent like me will always be vigilant in his heart. Even a rising star like Zhongshi is no exception. Although this guy is very confident, it does not mean that he has lost his mind, especially after his big victory in Germany. I just took advantage of this and made him mistakenly think that this is a trap by virtue of my identity. As long as he has the idea of ​​suspicion, I believe that with his self-willed character, he will definitely choose to go long instead of the market Generally believed to be short."

"And according to my observations during this period, the trading volume of ten-year treasury bonds has suddenly increased. Although the specific amount is not clear, it is at least tens of billions of dollars to drive the yield down on such a large scale. Except for a few Except for a few institutions and countries, I basically can't find other possibilities. According to the data released by the Ministry of Finance on a monthly basis, the amount of purchases from Hong Kong and tax havens increased significantly this month, which just shows that Zhongshi You've fallen into a trap."

   "That's okay too?" Rodney Jones gasped, his hairs standing on end. This conspiracy was carefully designed and meticulously planned, so it can be called watertight. Not only the actual market and public opinion expectations, but also the possible psychological activities of the opponent are taken into consideration. There is no doubt that Soros has done a lot of homework after suffering a major setback, and is determined to give Zhongshi a heavy counterattack, and it is undoubtedly the bond market that can attract a large amount of funds in the short term.

   "But there's one more problem!"

Rodney Jones sighed, and said with some helplessness, "So far, the funds we can use are very limited. Even if we can find a few allies, they are far less than Tianyu Fund's financial strength .If they really enter the market, we will be at an absolute disadvantage in terms of capital alone, so is there any chance of winning?"

  Although Soros has considered all aspects very carefully, if he is at a disadvantage in terms of funds, all the previous considerations will be useless. When Rodney Jones thought of this, his heart rose again.

   "Don't worry, this time I found him a top fund as an opponent, and it is also the overlord of this market."

  Soros slapped the table, stood up abruptly, and said happily, "Pacific Investment Management Corporation, Bill Gross, how about it, does this opponent have weight?"

   "It turned out to be him?"

   Rodney Jones exclaimed in surprise, "Why, are the giants on the west coast also involved in this dispute?"

   Few people have not heard of the name of Bill Gross. Although it is not an industry, Rodney Jones also admires Bill Gross' great name and brilliant performance. He is definitely a top fund manager.

   More importantly, Pacific Investment Management Corporation has a huge amount of entrusted funds, the amount is calculated in trillions. Although Gross did not manage all the funds, according to publicly disclosed information, Gross manages close to 500 billion US dollars in funds alone, which is enough to kill any hedge fund in seconds.

  So when he heard about Bill Gross, Rodney Jones realized that Soros really took everything into consideration.

"Gross may still think that this is a grievance between hedge funds, but he would never have thought that when I disclosed this information to him, he had fully taken his follow-up reaction into account. If I If the guess is correct, Gross will make a move soon!"

   Seeing Rodney Jones' stunned reaction, Soros laughed out loud. The huge drop in performance and the resentment towards Zhongshi did not blind his eyes, but made Soros completely calm down. After observing the market conditions and recent policy trends in various markets around the world, and evaluating Zhong Shi’s personality traits, Soros carefully designed such a trap. The purpose is not only to take revenge on Zhong Shi once again, but also to make a lot of money. plan. If the battle can be ended before the arrival of February next year, Quantum Fund will not only bring a good start to 2009, but also quickly make up for past losses.

"But Gross is not a fuel-efficient lamp. How can he not see the weirdness in it?" Rodney Jones barely suppressed the turmoil in his heart, re-examined this huge scheme, and tried to find out that it was not thoughtful. What's wrong, "Pacific Investment Management is a giant in the bond market, but they don't know who their opponent is. If they think that their opponent is not a hedge fund such as Tianyu Fund, the corresponding strategy must be different. After all, the bond market The rules of the game are very different from what we usually play. How can we make them fight?"

   "Don't worry, I've taken this into consideration!"

Soros tapped the keyboard a few times, and there was a creaking sound from the printing paper. It didn't take long for a document to appear in front of Rodney Jones, "Look, this is what I prepared for Zhongshi. Public opinion offensive."

  "Funds from Hong Kong are buying a large amount of U.S. treasury bonds. It is suspected that Tianyu Fund...this..."

   Rodney Jones looked at the paper in hand, a little dazed, "Are these prepared press releases? Are you planning to announce the identities of Zhongshi and Tianyu Fund?"

"right!"

Soros showed a cruel smile on his face, "You and I know very well that when a fund's position is exposed, it will often end up being besieged by others. Even Gross, it is impossible to let go of this opportunity. At present, all our strategies have been formed, and the rest is to borrow strength. Not only rely on the strength of Gross, but also the strength of the entire market. I don’t believe that this time we can beat Tianyu Fund.”

   "This little guy, after all, is still a little tender!" Soros clenched his fists and swung his fists into the void. "I don't believe that someone can save him this time."

   "I didn't expect it, I really didn't expect it!"

Rodney Jones was really convinced this time. He shook the paper in his hand and couldn't help feeling, "Not to mention anything else, just the exposure of the position is enough to kill Tianyu Fund. Boss , your scheme this time is really..." He thought for a long time, and finally found a suitable word, "Nothing will go wrong."

"Now is the right time to be exposed." Soros calmly accepted Jones' praise, "They have already entered the trap, and the rest is for all parties to wrestle. And we can sit back and enjoy the rewards! In one ten-year national debt On the monthly futures contract, I have placed a heavy short position, just wait for the harvest!"

   Thanks to book friends cpower, Shijue Juejue, Not Very Fat Sheep, Ga Geli, Nanquan 99, for making me think and think innocently`` to cast a monthly ticket! Thank you for your support, I have been very busy recently, try to find time to update, and I will stick to it at the end of the month~

  

  

  (end of this chapter)