NOVEL NEXT Easy Tycoon
Chapter 493 Vanguard Fund
Chapter 493 Vanguard Fund
It was September 1987, 9 when Yang Jing traveled to the United States.
The last time he traveled to this time and space to push the KY Fund and other six offshore companies to the fore was at the beginning of 1987. In the round of dollar-yen operations that just ended, Cesar and the others followed Yang Jing The instructions made a lot of money, and the final rate of return was as high as nearly 300%.
The amount of funds of the Dragon Fund has also rapidly increased to more than 130 billion US dollars.
The Evil Dragon Fund has made huge profits through two speculative operations, but because Yang Jing has been covering up the Evil Dragon Fund before, this fund is not well-known in the financial world.
Now the Dragon Fund has grown into a giant investment fund that can resist any risks, and there is also Yang Jing, who is familiar with the bugs of various speculative projects in history, so Yang Jing decided to start pushing the Dragon Fund to the foreground.
Of course, this push to the fore does not completely expose the Dragon Fund. The Dragon Fund is still hidden behind the scenes, and what emerges to the public are the seven offshore companies registered in the Cayman Islands.
Among them, KY Fund is an offshore fund specially used by Dragon Fund for investment, while the remaining six offshore companies are mainly engaged in acquisitions, which are the stocks of major companies in the world and companies with great growth potential in the future. Make an acquisition.
Yang Jing understood very well that in the future, money alone is not enough, you must have a considerable status.
The political arena is not Yang Jing's territory, so he must open his way in the financial world.And if one wants to gain sufficient political and social status through the financial world, becoming a major shareholder of major companies is undoubtedly an extremely beneficial and convenient way.
But except for those IT companies that have not yet developed, such as Microsoft, Oracle, Cisco and other companies, it is not so easy to buy shares in those established companies.
These established companies are deeply entrenched, and most of the people who hold the shares behind them are big figures with great backgrounds. If you want to get more shares from them, it is almost unimaginable in normal times.
However, the stock market crash that occurred in October 1987 gave Yang Jing the best chance.
For the vast majority of stockholders, investors, and even investment institutions, a stock market crash is a tragedy that can be called a natural disaster, but for the very few who seize the opportunity, it is pie in the sky and a gluttonous event. feast.
Obviously, the stock market crash that happened in October was a luxurious feast for Yang Jing.
He comes from the future. Of course, he knows the details of the key points of the stock market crash. He doesn't need to do anything else, he just needs to follow the general trend and follow the trend.
Speculation is speculation, don't go against the trend, otherwise it is not speculation, it is death.
The previous two speculations, whether it was speculating on London gold or surpassing the exchange rate of the US dollar and the yen, were speculations by Yang Jing after he was familiar with the key details of these two speculations and then took advantage of the trend. Whether it was London gold or the foreign exchange market, it would never be One person can get all the benefits, no matter how good one is, he can only get a small part of it, and most of the benefits still fall into the hands of many financial predators.
These financial crocodiles may be nothing compared to the current Yang Jing alone, but if a group of crocodiles gather together, let alone Yang Jing, even the US government can't stand it.
Therefore, following the general trend and eating meat quietly behind, this is the most correct operation method.
Before Yang Jing left last time, he had a lot of chats with David Anderson, the CIO of the Dragon Fund. It turned out that this guy is indeed a senior financial talent who once served as the head of the investment department at Goldman Sachs. Although this person's emotional intelligence is indeed questionable, but Even Yang Jing, who comes from the future, has to admire this guy's keen vision in investment.
After more than half a year of investment, David Anderson has steadily made huge gains in the stock market with the cooperation of Dragon Fund CEO Henry Williams and Dragon Fund CFO Amanda Pietrus.
Before the arrival of the "Black Monday" on October 1987, 10, all investors and investors who bought stocks in the U.S. stock market had almost no time to lose money.
During the ten months from the beginning of 1987 to the arrival of Black Monday, if you buy a stock in the U.S. stock market, you can at least have a net return of 50%.
If it is a slightly better trader, then it is absolutely no problem to obtain more than 100% of the profits from the stock market.
As for investment masters like David Anderson, if the ten-month rate of return cannot reach 200%, it is simply a failure.
When Yang Jing saw David Anderson again, he was on the phone with an important client. Yang Jing waited for about 10 minutes, and then David Anderson put down the phone.
"Sorry, Boss, this call is very important. Some things must be explained on the phone first, and then we can have a formal meeting tomorrow. Boss, what would you like to drink? Black tea? Coffee?"
"David, just give me a cup of coffee, no sugar or milk."
David Anderson immediately pressed the communicator and said a few words into the communicator. After a while, a blond girl with long legs came in with two cups of steaming coffee.
"Boss, why do you have time to inspect?" David Anderson asked after Yang Jing took a sip of coffee.
"The time is coming, I have to come over and have a look first, see how you have been doing for the past six months, and then I can decide on the future plan."
Hearing Yang Jing's question, David Anderson immediately smiled. "Boss, our achievements in the past six months have been very impressive. According to the plan you made at the beginning of the year, we have made enough profits in the stock market, especially in terms of stock index futures. The profits we have made are even greater. At the same time, when the stock prices of major companies were relatively low at the beginning of the year, we absorbed a sufficient number of stocks. At the same time, we carried out more aggressive operations on some small-cap stocks, and the current main profits come from those small-cap stocks and stock index futures.”
After a pause, David Anderson continued: "And now the Vanguard Fund has approached us on its own initiative, wanting us to become their partners. The phone call just now is that Mr. John Bogle and I were discussing to enter the Vanguard Fund. matter."
"Vanguard Fund? Vanguard Group?" Yang Jing asked in surprise.
"That's right, it's this fund. Why, Boss, is there something wrong?"
Yang Jing shook his head, "No, I'm just curious how the Vanguard Fund found us."
"Boss, this is normal. In the past six months, our KY investment fund has dominated the U.S. stock market. It is the most eye-catching giant fund in the U.S. stock market this year. Not only John Bogle, but even Quantum Fund's George Soros, Julian Robertson of Tiger Fund, and Warren Buffett, Henry’s senior brother, have contacted us proactively. The amount of capital in our hands is something they like very much.”
"Buffett also contacted us?"
"Yes, according to your instructions, we contacted Buffett many times at the beginning of the year, and finally acquired about 10% from him and other Berkshire Hathaway shareholders at a premium of 11%. % of the shares, our KY fund is now the second largest shareholder of Berkshire Hathaway. And our capital is huge, it would be abnormal if Buffett didn’t take the initiative to contact us.”
"Well, we can maintain a good relationship with Buffett." Yang Jing nodded, "As for George Soros and Julian Robertson, whether it's KY Fund or Dragon Fund, it's best to stay away from them. These two The guy is too rebellious, especially George Soros, his ass is not clean, and he has a close relationship with Washington. David, we are investing and speculating, and there are inextricable ties with the government behind this We’d better stay away from those who are related to us.”
Hearing what Yang Jing said, David Anderson was startled, and then he let out a sigh of relief and said, "Fortunately, you came early, otherwise I might have cooperated with George and Julian."
"Don't conduct in-depth cooperation with anyone! Our Dragon Fund is already strong enough, we don't need to look at anyone's face. Limited cooperation is fine, but we must not let the Dragon Fund lose its detached neutral position. We just Speculative, if we lose our neutral attitude, it will bring unforeseen disaster to our speculative actions."
"Boss, I understand what you mean." David Anderson said sincerely.
"David, the cooperation with the Pioneer Fund can be carried out. It is not impossible to become their partner, but we must maintain our own independence. Hmm." Yang Jing quickly thought about some information about the Pioneer Group, The index finger of his right hand tapped lightly on the armrest of the sofa, "We can put Vanguard Group in front, but as for which company to invest in, we have to decide for ourselves. It's their business if they are willing to invest, but we must ensure that Our investment shares."
"clear."
Only then did Yang Jing nodded in satisfaction.
In the original time and space, Vanguard Group has developed into the second largest investment fund in the world, and it is also the largest no-fee fund family in the world. The investment assets under its custody are close to [-] trillion US dollars.
This investment fund, founded in 1975, will have an incredible development speed in the future. Although the assets and market value of this fund itself are not many, the scale of this fund's participation in investment is extremely amazing .
Black Rock Fund, the largest investment fund in the world in later generations, that is, BlackRock Fund, has not yet been established, and BlackRock Fund will not be established until next year. Therefore, it is not a good cover to bring Vanguard Group to the front now. means.
PS: Ask for a recommendation ticket, thank you very much!
(End of this chapter)
It was September 1987, 9 when Yang Jing traveled to the United States.
The last time he traveled to this time and space to push the KY Fund and other six offshore companies to the fore was at the beginning of 1987. In the round of dollar-yen operations that just ended, Cesar and the others followed Yang Jing The instructions made a lot of money, and the final rate of return was as high as nearly 300%.
The amount of funds of the Dragon Fund has also rapidly increased to more than 130 billion US dollars.
The Evil Dragon Fund has made huge profits through two speculative operations, but because Yang Jing has been covering up the Evil Dragon Fund before, this fund is not well-known in the financial world.
Now the Dragon Fund has grown into a giant investment fund that can resist any risks, and there is also Yang Jing, who is familiar with the bugs of various speculative projects in history, so Yang Jing decided to start pushing the Dragon Fund to the foreground.
Of course, this push to the fore does not completely expose the Dragon Fund. The Dragon Fund is still hidden behind the scenes, and what emerges to the public are the seven offshore companies registered in the Cayman Islands.
Among them, KY Fund is an offshore fund specially used by Dragon Fund for investment, while the remaining six offshore companies are mainly engaged in acquisitions, which are the stocks of major companies in the world and companies with great growth potential in the future. Make an acquisition.
Yang Jing understood very well that in the future, money alone is not enough, you must have a considerable status.
The political arena is not Yang Jing's territory, so he must open his way in the financial world.And if one wants to gain sufficient political and social status through the financial world, becoming a major shareholder of major companies is undoubtedly an extremely beneficial and convenient way.
But except for those IT companies that have not yet developed, such as Microsoft, Oracle, Cisco and other companies, it is not so easy to buy shares in those established companies.
These established companies are deeply entrenched, and most of the people who hold the shares behind them are big figures with great backgrounds. If you want to get more shares from them, it is almost unimaginable in normal times.
However, the stock market crash that occurred in October 1987 gave Yang Jing the best chance.
For the vast majority of stockholders, investors, and even investment institutions, a stock market crash is a tragedy that can be called a natural disaster, but for the very few who seize the opportunity, it is pie in the sky and a gluttonous event. feast.
Obviously, the stock market crash that happened in October was a luxurious feast for Yang Jing.
He comes from the future. Of course, he knows the details of the key points of the stock market crash. He doesn't need to do anything else, he just needs to follow the general trend and follow the trend.
Speculation is speculation, don't go against the trend, otherwise it is not speculation, it is death.
The previous two speculations, whether it was speculating on London gold or surpassing the exchange rate of the US dollar and the yen, were speculations by Yang Jing after he was familiar with the key details of these two speculations and then took advantage of the trend. Whether it was London gold or the foreign exchange market, it would never be One person can get all the benefits, no matter how good one is, he can only get a small part of it, and most of the benefits still fall into the hands of many financial predators.
These financial crocodiles may be nothing compared to the current Yang Jing alone, but if a group of crocodiles gather together, let alone Yang Jing, even the US government can't stand it.
Therefore, following the general trend and eating meat quietly behind, this is the most correct operation method.
Before Yang Jing left last time, he had a lot of chats with David Anderson, the CIO of the Dragon Fund. It turned out that this guy is indeed a senior financial talent who once served as the head of the investment department at Goldman Sachs. Although this person's emotional intelligence is indeed questionable, but Even Yang Jing, who comes from the future, has to admire this guy's keen vision in investment.
After more than half a year of investment, David Anderson has steadily made huge gains in the stock market with the cooperation of Dragon Fund CEO Henry Williams and Dragon Fund CFO Amanda Pietrus.
Before the arrival of the "Black Monday" on October 1987, 10, all investors and investors who bought stocks in the U.S. stock market had almost no time to lose money.
During the ten months from the beginning of 1987 to the arrival of Black Monday, if you buy a stock in the U.S. stock market, you can at least have a net return of 50%.
If it is a slightly better trader, then it is absolutely no problem to obtain more than 100% of the profits from the stock market.
As for investment masters like David Anderson, if the ten-month rate of return cannot reach 200%, it is simply a failure.
When Yang Jing saw David Anderson again, he was on the phone with an important client. Yang Jing waited for about 10 minutes, and then David Anderson put down the phone.
"Sorry, Boss, this call is very important. Some things must be explained on the phone first, and then we can have a formal meeting tomorrow. Boss, what would you like to drink? Black tea? Coffee?"
"David, just give me a cup of coffee, no sugar or milk."
David Anderson immediately pressed the communicator and said a few words into the communicator. After a while, a blond girl with long legs came in with two cups of steaming coffee.
"Boss, why do you have time to inspect?" David Anderson asked after Yang Jing took a sip of coffee.
"The time is coming, I have to come over and have a look first, see how you have been doing for the past six months, and then I can decide on the future plan."
Hearing Yang Jing's question, David Anderson immediately smiled. "Boss, our achievements in the past six months have been very impressive. According to the plan you made at the beginning of the year, we have made enough profits in the stock market, especially in terms of stock index futures. The profits we have made are even greater. At the same time, when the stock prices of major companies were relatively low at the beginning of the year, we absorbed a sufficient number of stocks. At the same time, we carried out more aggressive operations on some small-cap stocks, and the current main profits come from those small-cap stocks and stock index futures.”
After a pause, David Anderson continued: "And now the Vanguard Fund has approached us on its own initiative, wanting us to become their partners. The phone call just now is that Mr. John Bogle and I were discussing to enter the Vanguard Fund. matter."
"Vanguard Fund? Vanguard Group?" Yang Jing asked in surprise.
"That's right, it's this fund. Why, Boss, is there something wrong?"
Yang Jing shook his head, "No, I'm just curious how the Vanguard Fund found us."
"Boss, this is normal. In the past six months, our KY investment fund has dominated the U.S. stock market. It is the most eye-catching giant fund in the U.S. stock market this year. Not only John Bogle, but even Quantum Fund's George Soros, Julian Robertson of Tiger Fund, and Warren Buffett, Henry’s senior brother, have contacted us proactively. The amount of capital in our hands is something they like very much.”
"Buffett also contacted us?"
"Yes, according to your instructions, we contacted Buffett many times at the beginning of the year, and finally acquired about 10% from him and other Berkshire Hathaway shareholders at a premium of 11%. % of the shares, our KY fund is now the second largest shareholder of Berkshire Hathaway. And our capital is huge, it would be abnormal if Buffett didn’t take the initiative to contact us.”
"Well, we can maintain a good relationship with Buffett." Yang Jing nodded, "As for George Soros and Julian Robertson, whether it's KY Fund or Dragon Fund, it's best to stay away from them. These two The guy is too rebellious, especially George Soros, his ass is not clean, and he has a close relationship with Washington. David, we are investing and speculating, and there are inextricable ties with the government behind this We’d better stay away from those who are related to us.”
Hearing what Yang Jing said, David Anderson was startled, and then he let out a sigh of relief and said, "Fortunately, you came early, otherwise I might have cooperated with George and Julian."
"Don't conduct in-depth cooperation with anyone! Our Dragon Fund is already strong enough, we don't need to look at anyone's face. Limited cooperation is fine, but we must not let the Dragon Fund lose its detached neutral position. We just Speculative, if we lose our neutral attitude, it will bring unforeseen disaster to our speculative actions."
"Boss, I understand what you mean." David Anderson said sincerely.
"David, the cooperation with the Pioneer Fund can be carried out. It is not impossible to become their partner, but we must maintain our own independence. Hmm." Yang Jing quickly thought about some information about the Pioneer Group, The index finger of his right hand tapped lightly on the armrest of the sofa, "We can put Vanguard Group in front, but as for which company to invest in, we have to decide for ourselves. It's their business if they are willing to invest, but we must ensure that Our investment shares."
"clear."
Only then did Yang Jing nodded in satisfaction.
In the original time and space, Vanguard Group has developed into the second largest investment fund in the world, and it is also the largest no-fee fund family in the world. The investment assets under its custody are close to [-] trillion US dollars.
This investment fund, founded in 1975, will have an incredible development speed in the future. Although the assets and market value of this fund itself are not many, the scale of this fund's participation in investment is extremely amazing .
Black Rock Fund, the largest investment fund in the world in later generations, that is, BlackRock Fund, has not yet been established, and BlackRock Fund will not be established until next year. Therefore, it is not a good cover to bring Vanguard Group to the front now. means.
PS: Ask for a recommendation ticket, thank you very much!
(End of this chapter)
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