NBA: Art is trash talk

Chapter 325 Fund Cocktail Party
After the game against the Rockets, the Clippers have three days to rest.

On January 1, He Xinghui held a reception at the Hollywood Roosevelt Hotel, and invited some of his friends, business partners, celebrities, and wealthy Chinese businessmen.

He wants to set up a fund to raise funds, which will be used to short the real estate industry in the United States.

If you don't make a move, it will be too late.

He Xinghui remembers that the crisis started in 07 and broke out completely in 08.

However, when he decided to short the real estate, he sent Mark to collect information in detail.

Then he was surprised to find that, in fact, someone saw this crisis as early as 05, and at the beginning of 06, they quietly formulated CDS with financial institutions (credit default swap, real estate prices rose, buyers lost money. Real estate collapsed, buying get rich).

This man is Michael Barry, and he bought $6 million in CDS, which is quite crazy.

It's just that Michael Barry started too early, and the house price has been rising. Now he has lost money and can't support it.

Another more powerful figure, John Paulson, began to enter the field in July of 06.

He started with just $1.5 million, but he's now preparing to raise the stakes and put in all of the $125 billion he manages.

In addition to these two, more and more people in the financial world have realized that the housing market is about to collapse, and the price of CDS is also rising.

If you don't enter the market at this time, you won't make huge profits, and you can only eat soup.

Therefore, He Xinghui decided to enter the arena as soon as possible to participate in this gluttonous feast.

He Xinghui decided to play, so he naturally wanted to play for a big sum.

Relying on his tens of millions of working capital alone, he could earn one or two hundred million if he died.

Moreover, tens of millions of funds are a joke to Wall Street.

If any big boss finds him unhappy and would rather lose money than let the housing price stay on for a month or two, his money may be wasted.

(The CDS agreement stipulates that once the buyer's guarantee funds are not enough to pay, the CDS will automatically become invalid, and the insured money will be lost in vain. Buying CDS generally increases leverage by more than 5 times. Once the housing market rises by 1 percentage point, investors may not be able to bear it.)
To play this, you must have sufficient funds to take the initiative, otherwise you need to take risks and need some luck.

He Xinghui has limited funds, and knowing the development of history is useless.

There is only one way for him to make money, earning a commission.Help others trade, help others make money, and then earn some commission.

It looks like he is working for someone else, but as long as there are enough clients and the amount of funds is large enough, he can earn more than any client.

Of course, it is also extremely difficult to convince others to trust him and hand over the money to him.

Six o'clock in the evening, the Roosevelt Hotel star-studded.

In the entertainment industry, there are Taylor Swift, Charlize Theron, Connery, Xiao Lizi, Reznor, Jackie Chan, Will Smith.
In the sports circle are Yao Ming, O'Neal, Barkley, Payton, Gasol.
In the financial circle, there is Carl of the Maple Leaf Fund, who is in charge of a fund of 20 billion US dollars.

Steve of the Raul Fund, who is in charge of the pensions of miners and workers in the United States, has about [-] million.

Hubble of Deutsche Bank, he has a lending authority of 10 billion.

Li Geng, a coal boss from China, has assets of about 30 billion RMB.

Cheng Hong, who is in the health care product industry, has more than 10 billion RMB in assets.

There is also the mysterious rich Boss Wang, whose assets are unknown, but in short, will not be less than He Xinghui.

The people who can be present today are all people with great energy or great influence.That kind of ordinary capital wielding millions is not even eligible to enter the game.

The kind of small retail investors have poor mental capacity and want to stop losses if they fall a little bit. When the time comes, they can't bear it and want to withdraw their capital, which will be even more troublesome. He Xinghui only needs the kind of people who are willing to believe in him.

Compared with the capital of these rich people, He Xinghui is actually a poor man.

However, compared to influence, He Xinghui can overwhelm them, which is why everyone gave him face.

He Xinghui hadn't arrived yet, and the celebrities and rich people who were present were holding wine glasses and chatting with each other. This was an excellent opportunity to expand their network.

"Carl, do you really believe He's prediction that American real estate will collapse completely?"

Steve asked.

"Of course, otherwise why would I come here. But the biggest problem now is that no one knows when the real estate market will collapse. Maybe it will be a month later, maybe a year later, maybe three years later."

Carl said helplessly.

There are many people who know that American real estate cannot go on, because a large number of defaults are really happening.It's just that everyone suffers from not knowing when it will crash.

Even Michael Barry and John Paulson can only predict.

And forecasting means uncertainty and risk.

Only He Xinghui, only He Xinghui can be 100% sure that it will completely collapse at the end of 07, and that now is the best time to enter the market.

"So, what are your plans?"

Steve asked.

"Let's listen to what He said first. If he can convince me, I will follow him in this vote."

Carl said.

There is another important reason he didn't mention, and that is He Xinghui's influence.

Once the CDS is purchased, if the real estate does not collapse for a long time, He Xinghui may stand up and shout a few words, using his fame to wake up the people and accelerate the collapse of the real estate.

At that time, the public would definitely be more willing to believe in their idols than in a Wall Street vampire.

Partnering with He Xinghui has an extra layer of insurance than doing it alone.

On the other side, O'Neal and Barkley were also communicating.

"How much are you going to vote for?"

O'Neill asked.

"How much do you think I can vote? I'm just here to join in the fun, but you can vote more. Trust my cousin and make a lot of money."

Barkley said helplessly that when he was playing, the players' salaries were low and he didn't make much money.

Unlike the current players, those who look a little bit have an annual salary of tens of millions.

"."

O'Neill.

O'Neill is rich, but he is worried that He Xinghui will lose the money.

"With how shrewd he is, he will definitely not make a loss-making business. If he invests a lot himself, then I will also put my net worth on it."

To the surprise of O'Neal and Barkley, Payton has full confidence in He Xinghui.

"I always thought that this guy was good at fooling girls. Now it seems that he is also very good at fooling men. He made you rich so easily."

O'Neill joked.

"Shet."

Peyton suddenly had goosebumps.

Not long after, He Xinghui appeared.

Everyone's eyes then focused on him, and everyone wanted to know what exactly He Xinghui was going to do with such a big fight.

He Xinghui greeted everyone and walked all the way to the podium.

(End of this chapter)