MTL - Wall Street Legend-Chapter 350 self-knowledge

  Chapter 350 Self-knowledge

   It wasn’t for filming that he came to Danshui Investment Group. Ye Dongqing had something to discuss with Mr. McCord.

  The large piece of land in Hudson Park on the Upper West Side of Manhattan is about to be acquired. It will be purchased and built in the name of Freshwater Investment Group, and a subsidiary company will be established to be responsible for daily maintenance. All these require Mr. McCord to devote his energy to solving them.

"I have communicated with Manager Wu of Citibank. You can find someone to follow up with the city hall and Citibank for written materials. It is estimated that you need to use a local construction company in New York, or a branch office. When the time comes, the project will be tendered. Remember to keep an eye on it, if the local construction company in New York is inexperienced, or the quotation is too high, I will discuss it with Mayor Bloomberg again.”

  When I came to my office, people from the BBC were filming the office area and trying to interview some executives. Ye Dongqing had greeted Assistant William and would help arrange it.

  McCord has been living a prosperous life recently, and his annual salary is close to tens of millions of dollars including bonuses. It took a very short time for him to become a working emperor from an ordinary wage earner.

  This has made many senior professional managers on Wall Street jealous and desperate, dreaming of meeting a boss like Ye Dongqing who can lead the company to take off and reuse them.

The cooperation has been going on for a while, and Mr. McCord has gradually figured out how to get along with Ye Dongqing, a small boss. He almost only needs to help manage the company and implement his decisions in place. At this moment, he took out a Write down a few key words in a small book, and ask: "The city hall has given you news, right, how much land is there, and how much does it cost?"

"About 420,000 square meters, a total of 1.9 billion U.S. dollars. It will be paid to the city hall in five years, and the interest will be exempted. There will also be some tax relief. I think it's okay." After so long, the project is finally coming to an end. It started, Ye Dongqing felt very refreshed at the moment.

Although it was not his own money, Mr. McCord was still a little flustered after hearing the figure, and said in his mouth: "It costs so much for the land alone, and it is estimated that it will cost three billion US dollars to build the building? The key is to go up There is nothing around that piece of land in the West District right now, the city hall has planned it right, but who knows if it will develop smoothly in the future?"

  "The real estate market looks at policies in the short term, the economy in the medium term, and population in the long term. The city hall is pushing forward. The US economy is recovering. The population of Manhattan is too large to live in. People can only live in New Jersey, Brooklyn and Queens.

Among other things, even the Chinatown where I was born, the rent has risen a lot recently, it is said to be a slum, but now the white people are forced to go there, anyway, it is more convenient than living in New Jersey on the island of Manhattan . I dare not say that it will be successful. At least it should not be a big problem in development. With only such a small amount of land, and the environment and vision are not bad, even if only four or five companies are willing to invest in the construction of new buildings, they can form a very good building for our building. Cool complex. "

Ye Dongqing's head was a little hot at this time, unwilling to accept rebuttals, and added casually: "As for the funds, I don't need to invest in fresh water for the time being. The plan has been revised by me. It is estimated that it will be difficult to build without a billion dollars. Funds You don’t need to worry about it, the bank’s money was used in the early stage, and the money in our own hands has other uses.”

Shrugging his shoulders indifferently, Mr. McCord replied: "I understand, if you want to use it for investment, your hedge fund company has been approved for establishment, registered in the Cayman Islands, and can avoid capital supervision to the greatest extent. It has been considered." How did it start? Which company will be unlucky and you will be watching... Forget it, don’t tell me, I hope to be the first client and invest almost six million dollars. My wife agrees, after all, now I Half of the money earned belongs to her."

"I haven't thought about it for the time being. When I have time, I will study it carefully. I will read more financial reports of other companies. I will sit down with other hedge fund bosses to drink, smoke cigars, and play poker together. It is said that there are many secrets to making money. It's all hidden in those activities."

  Before, Ye Dongqing's efforts were not directly proportional to the rewards. Too little effort, too much rewards, too fast. It is true to make money, but it lacks a sense of accomplishment.

Now the layout of the Danshui Investment Group is almost complete, most of the funds in hand have been invested, and it is enough to keep an eye on it and take care of it, which means that Ye Dongqing has more time to do the business he wants to do, he heard It is said that the hedge fund is under a lot of pressure, and every shot is like gambling, so I am a little interested.

To be honest, he already kind of misses playing crude oil futures, watching the price rise and fall every day, and a lot of wealth is involved behind it. If it succeeds, it will be more meaningful. Even if it fails, it will not have much impact on Danshui Investment Group. Ye Dongqing will find a way Reduce the losses of investors, so as not to damage the reputation.

Mr. McCord shook his head and said: "It is almost impossible to hear useful information from them, unless they hope to find someone to join forces to do business, and there is also the risk of being shot in the back. There is no way to get a hedge fund up. Who is a normal person, more like a bunch of wild wolves, biting their prey tightly, no matter which company, they will not want to expose loopholes that will be caught by them. The advantage is that it can avoid market overheating to a certain extent. Get rid of bad companies.

Before doing business, I suggest that you first study the failure of Long-Term Capital Management in the United States, and then look at some other typical cases. People often think that hedge funds can offset risks, and they are not afraid of stock market ups and downs. Risk, I don't know what you learned at Harvard, but it's better to prepare a little more. "

   "Yo, you haven't invested in me yet, and you're already worried?"

Ye Dongqing jokingly said: "Don't worry, the teachers at Harvard didn't teach me, so I decided to recruit a group of people from those successful investment banks and hedge fund companies to help me. Mr. Wu Di from Citibank knows, do you think he How about asking me out for dinner tonight, I think he wants to work at my place, a hedge fund company."

"Sure enough, they are all dog noses... I will contact the headhunting company to try to build a dream team. I don't have much contact with Mr. Wu from the credit department of Citigroup, so I don't understand much, but based on his usual performance Look, he should belong to the very stable type of person. You should talk to him more and get to know him face to face.

   In addition, recently a company wanted to recruit me, and they felt that Danshui Investment Group was able to grow rapidly, and most of the credit was due to me. "

"hehe."

   "Huh? Shouldn't you be worried and then give me a raise?"

   "Sir, you should know your true ability. Think carefully about how many failed suggestions you have given me. After you go out, can you help them earn money? Don't you have any points?" Ye Dongqing was not polite at all.

   McCord was just joking just now, and his old face blushed after hearing this sentence.

  Taking the experience of betting on crude oil futures as an example, if Ye Dongqing listened to his advice and didn’t lose money, he should thank God for his blessing.

  If he is really asked to leave Danshui Investment Group and take charge of other financial investment companies, he must first ask those investors how much money they can waste, so as to avoid forcing people to jump off the building...

  (end of this chapter)