Exploiting Hollywood 1980

Chapter 478 Crocodile Ronnie

"Has your boss Mr. Simons's mathematical gap been filled?" Ronald and Donna were eating hamburgers for lunch downstairs in the company.

Bannon has gone to Tokyo, waiting for the short-term speculators in America to fall into his trap. Ronald will stay in New York for a few more days, and today he came to chat with Donna.

"Well, he found his former colleague at Berkeley, Professor James Ax, to develop an extended form of the Leonard-Baum formula in the random process, and combined with a large amount of data from Wall Street transactions, to find relevant laws..."

The Chinese man Ronald and Donna met, the doctoral student Xiao Zhang, did not attract Simons' attention. After all, he was an international student with little influence. However, the information Donna got was the only one among all the subordinates that showed a direction that Simons had not thought of.

In order to encourage proactive employees like Donna, James Simons gave Donna a treatment that only regular employees who have worked for more than 2 years can have, giving her the right to invest in a hedge fund that will be established to use mathematics to speculate in stocks, with an amount of 600,000 US dollars.

The name of the fund is Dallion, and it is currently only open to company employees, long-term investors, and investment funds of several Ivy League schools. Donna really wants to buy shares, but Aunt Karen is not sure about this kind of behavior of being a shareholder just after starting work, and persuades Donna to be cautious.

So Donna found her rich cousin and asked him to help her.

"If I invest, who will own the shares? Do I lend you the money, or hold it in the name of your relatives? If I lend money, how about the interest?"

"Huh..." Donna knew Ronald was joking and threw French fries at him.

"You have money, I have resources, how about our joint venture?" Donna said after a while. The rule that everyone in America agrees on is fair trade.

"Okay, I'll ask my private lawyer, Miss Lindsay Doll, to draft the formal documents. Don't worry, I'll pay for the attorney's fees."

"I don't have any idea of ​​becoming a shareholder, but I agree with this investment. Mr. Simmons's ideas were explained to employees who are eligible to buy shares at an internal meeting. I have studied it, and no one has found any loopholes. This is a good opportunity, and maybe we can get excess returns."

Ronald finished the last bit of hamburger, accompanied Donna upstairs, and then called lawyer Lindsay Doll to ask her to come and draft an investment contract.

"What's wrong? What happened?" Donna was in the office and saw everyone stand up, as if something big had happened.

"Look at the S\u0026P index," a male fund company manager came over and pointed to the computer to Donna, then pressed the record button and called up the trading data of index futures. He was someone Donna knew when she was on Wall Street. He was very elegant. Seeing Donna coming over, he came over happily and showed his super foresight in front of her.

"Who is clearing such a large number of short orders for S\u0026P stock index futures?" Donna also clicked twice on the computer. In the short time when she and her cousin were having lunch, someone released a huge amount of short orders for stock index futures during this trading period.

"I don't know which idiot bought thousands of short orders for short S\u0026P stock index futures in the early stage, and now they are weak, so they are releasing them crazily. It seems that someone has suffered heavy losses in other international markets and is now desperately trying to stop losses." The male fund manager foresaw that the market would fall sharply on Monday, so he bought a considerable number of short orders.

On Tuesday, his fund made a huge profit of 20%, and he immediately left the market with profits. He carefully studied the stock market crash of the Great Depression in 1929 and knew that after the market fell sharply, it would not continue to fall immediately, but there would be a temporary rebound and then continue to fall, so he was waiting for the second wave of sharp decline.

The stock market was relatively calm on Thursday morning, and the trading volume was very small at noon, so he went to the office of Mr. Simons' fund next door to chat with Donna, a rare beautiful consultant on Wall Street.

"The number of S\u0026P short orders..." Donna quickly pressed the calculator, 5,000 S\u0026P stock index futures, 230 points, equivalent to... "1 billion US dollars? Stanley?" She turned to confirm with the fund manager. The number of short orders exceeded Donna's imagination.

"Hehehe, who is this big idiot? Running now, isn't that cutting flesh and cutting the aorta?" Stanley Druckenmiller laughed. Unlike himself, he found all the trading records of the stock market during the Great Depression and studied the financial market of the Great Depression carefully. He would fly around like a headless fly.

Sure enough, as he expected, at the price of 230 points, no one was interested in 5,000 stock index futures.

And the opponents knew the weakness of this big crocodile and would kill him to the point of losing everything.

"220", after a while, the delivery price was rapidly decreasing.

"Still no one is taking over?"

Donna clenched her fists. At this price, the short-selling fund, or multiple funds, would really lose a lot of money.

"It's 215", everyone is looking at this rare spectacle. There are thousands of stock index futures contracts, but the transaction is zero.

"210".

Almost every few minutes, a new price appears, and the opponents don't want to let them go. 205, 200, the numbers are constantly falling, and the losses of the owners of these futures contracts are constantly increasing.

"It's 195", finally, the contract that fell below the 200 mark, someone began to take over the transaction.

Stanley Druckenmiller was no longer here. He had to go back and try to get his share of the feast of predators.

Donna didn't know what to say anymore, she just stared blankly at the delivery data on the computer. "Human emotions still have a huge impact on transactions, and procedures are still the most reliable."

Ronald looked on, and he knew who the man who lost his underwear was.

George Solow of Quantum Fund openly declared in the Financial Times that Japan's stock market was artificially high and was about to collapse. Who knows that under the special intervention policy in Japan, the stock market fell far less than that of the New York Stock Exchange.

The S\u0026P Index broke through Solow's bottom line. In this dog-eat-dog game, many people relied on stepping on him to escape the fate of liquidation and collapse.

Solo's short position on Nikkei stock index futures did not succeed. On the New York Stock Exchange, it suffered unexpected losses. We must move the position here to Tokyo and concentrate our efforts on a big one, so that we can make up for the losses and make a big profit.

Is there any reason why the New York stock market crashed but Tokyo was not involved?

"Dang, dang, dang, dang..." At the sound of closing, a burst of cheers erupted from Stanley's fund company next door. His fund also made great gains today.

Ironically, after Solo sold all 5,000 contracts, the seller's pressure in the market suddenly disappeared, and the S\u0026P stock index futures began to rise again, higher than his original bid of 230, and finally reported Receive 244.

"Let me make a call." Ronald greeted Donna, went to a partitioned desk, picked up the phone, and dialed Bannon's number who was already in Tokyo.

"The tiger is out of the cage."

"I saw that in order to mobilize funds to short Tokyo, he suffered a lot of losses."

"Is Minister Tamura ready?"

"Don't worry, this is not America. All chaebols and banks will listen to the cabinet."

"Very good, I will wait for your news tonight and keep in touch." Ronald looked forward to tonight's action. Anyway, with the support of the Japanese cabinet headed by Nakasone behind him, he fought an asymmetrical battle.

The opponent has suffered huge losses and is just waiting to make up for it by shorting Tokyo. On his side, his strength is intact and he is ready to ambush him. Let the chaebols and banks eat the meat, and with the small amount of funds gathered by themselves and Bannon, they can follow Minister Tamura and drink some soup.

"Choose a codename for the morning's operation, Ronald. I saw in the movie that the Japanese attack on Pearl Harbor also had the success codename of 'Tiger Tiger Tiger'."

"Well, let's have Crocodile Dundee. Solo is a famous short-selling expert, a crocodile that eats other people's flesh. We are like those crocodile hunters in Australia. As long as you shine a flashlight in their eyes, their brains can't It's working, just stay where you are. Just shoot him in the head." Ronald thought for a while, isn't Solo known as the financial crocodile? Then come up with the codename Crocodile Hunter.

"Hahahaha, okay, let's call it Crocodile. If not, let's call Crocodile Ronnie Operation." Bannon flattered Ronald a little, put down the phone and went to supervise the battle.

"Donna, what do you want to eat? I'll treat you to it." Stanley Druckenmiller slipped over again. He made a lot of money in the stock market today. It would be perfect to ask such a smart beauty out on a date to celebrate. .

Ordinary beauties cannot understand their earth-shattering wisdom in winning in the stock market.

"I have an appointment with someone else, Stanley."

Donna pointed toward Ronald.

"My name is Stanley Druckenmiller, and I am a fund trader." Stanley smiled. He was on Wall Street and became such a number one person from today on.

"Ronald, Ronald Lee, I'm a movie director."

"Let's go together." Stanley heard that he was a movie director, but he didn't take it seriously. Anyway, he was a loser compared to himself. "We can also talk about investing in movies. You know, Wall Street has invested a lot in Hollywood in recent years. There was a guy named Bannon who went directly to become the boss of a movie company. If your movie is good, I can also consider investing. of."

"Hehe," Ronald chuckled inwardly. A smart and beautiful woman like Donna was pursued by many young talents on Wall Street.

Turning around and seeing the reluctance on Donna's eyebrows, Ronald understood, "No, Donna and I have other investments to discuss. My lawyer will be here soon."

"Okay then." Stanley saw that he still had a troublesome boyfriend. They didn't know his wealth and status. It seemed like he wouldn't be able to get a date with Donna today, but there would be no shortage of beauties. As soon as he turned around, he went out to find the manager of the modeling agency.

"What a troublesome person." Donna stuck out her tongue at the young talent's back.

Ronald put on a "Don't you care?" look on his face.

"You don't know, these people have a strong gambling mentality. Their emotions can go from heaven to hell, and they can ride several roller coasters a day. Their ideas are at odds with mine..."

"Okay," Ronald shrugged, as long as Donna liked it.

"Ronald?"

"Lindsay, I'm here..."

Ronald saw private attorney Lindsay Dole walking into the office with a bag and raised his hand to greet him.

Today, the freckles on Lindsay Dole's face seem to be more obvious. She is round and round, wearing a high-end designer windbreaker, but only wears a pair of flat shoes on her feet.

Ronald took Lindsay's windbreaker and hung it up for her. Then he looked at her and hugged Donna and said hello. He put down his bag and started to take out the prepared documents.

"Hey, you?"

Ronald noticed that Lindsay Doll, who took off her windbreaker, was obviously pregnant. Is she pregnant?

"Yeah, I'm pregnant, you should congratulate me." Lindsay said to Ronald, who looked surprised. They have been in contact over the phone recently and haven't seen each other for a long time.

"Congratulations," Ronald smiled and congratulated, then put away his smile and pretended to frown.

"What's the matter? I thought you would definitely invite me to your wedding. I'm your first customer, remember?"

"Hey, who said I was married?"

"Then...? Child? Father?" Ronald had only heard about this kind of professional woman who was a single mother, but had never seen it.

"You've met him, Bobby. We talked about it carefully and decided to give birth to the child first..."

"Partner of your law firm?" Ronald was even more puzzled. Bobby Donnell was handsome and worthy of Lindsay. The two of them were equally capable now and were a suitable couple, but why didn't they get married after having a child?

"We have disagreements on partners and income. Bobby doesn't want me to be a partner and wants me to change my last name. I don't want to, and we are still deadlocked."

"Oh..." Ronald thought to himself that this was the case. Lindsay Doll has strong business capabilities and has many big clients. Her income may be much higher than Donnell, the nominal boss of the law firm.

Now professional women are really powerful. The two have disagreements on property and career development. If they don't resolve this disagreement, they don't want to get married.

But it doesn't hinder their relationship and having children.

After signing the contract with Donna to invest in the newly launched Medallion Fund, the fund where he works, Ronald called a luxury car to take Lindsay Doll back.

"Bye, Ronald, bye, Donna." Lindsay was very satisfied today. Not only did she expand Ronald's new business scope, but she also gained a new client, Donna, who is also a professional woman.

Speaking of which, Donna's first business was much bigger than the first business Ronald gave her that year.

"What are your plans for the evening? Do you want to have dinner with me?" Donna asked her cousin.

"I have other appointments, bye." Ronald declined.

"Huh... going to see that beauty again?" Donna packed her bag and got in the car and drove away.

Ronald finally walked to Bannon's new office in the nearby World Trade Center Building 1.

"Steve"

"Ronald"

There are very advanced teleconferencing equipment here. With the help of Bannon's secretary, Ronald connected to his phone in Tokyo.

They were also on high alert, waiting for the opening of the market on Friday to see how Solo's Quantum Foundation would attack.

"Dangdangdang"

Late at night, the Tokyo stock market opened.

"Pop", the Tokyo Nikkei Index on the computer, the first display after the opening, jumped high.

"We did it, hahaha."

Bannon's crazy laughter came over the transoceanic phone.

I didn't expect the Japanese government to play such a big game!

All banks, chaebols, and securities companies frantically bought the stocks in the Nikkei index after the opening. The Japanese Telephone and Telegraph, the giant in the Tokyo stock market, hit the 10% daily limit shortly after the opening.

"Are we rich?" Ronald didn't expect that the Nikkei index alone could rise so much, plus the leverage they had for long stock index futures, this one was...

"We're rich, unprecedented rich. The crocodile has been shot dead, tiger tiger tiger!" Bannon was already incoherent. He didn't expect that he would be able to return to Wall Street so soon after he moved to Hollywood, and have a day of pride.

By the time the Tokyo stock market closed, the sky in New York had already brightened. Looking out from the World Trade Center, a sun was slowly rising on the sea in the distance, illuminating the largest ship on the sea between Manhattan Island and Staten Island, the Staten Island Ferry, as if it was covered with a layer of golden light.

The Japanese stock market, which Solo predicted would collapse, ushered in a 9.3% single-day increase, setting a record high since 1949.

At the end of the first trading day after Black Monday, Solo's Quantum Fund, his famous hedge fund, saw its net assets plummet by 26.2% in a week, far greater than the 17% decline in the US stock market during the same period. This was also the first time that Solo's fund exceeded the 20% stop-loss bottom line, triggering a large number of investors to withdraw their money.

Solo, a short-term speculator and short-selling expert, not only did not make money in the stock market crash, but became the biggest loser in the disaster.

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