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Simon's "overnight riches" in the US stock index futures market two years ago stimulated too many people. These hedge funds were obviously established hastily under his influence, and then followed Simon to Asia like a shark smelling blood.Coupled with the entry of other larger capital forces such as mutual funds, pension funds, investment banks, and commercial banks, it is not difficult to understand the accelerated growth of the Japanese stock market.
According to the current growth rate, it only takes two months at most for the Nikkei 225 to reach 37000 points, and it will reach more than 38000 points in about July and August.
Because a large number of speculative and blind "leeks" entered the market frantically, Cersei Capital's income became more and more lucrative.
According to last week's statistics, Cersei Capital's net asset value has exceeded the $20 billion mark, reaching $22.3 billion.The profit rate also broke through the 30% dividing line set by Simon at the beginning, reaching 42%.Simon directly abandoned the industry practice of charging investors with a 2% management fee, but set up a step-by-step share plan.
Now, for the part exceeding 30%, the commission share that Simon can get has increased from 20% to 30%.
After Janet made the phone call, she hugged Simon again, picked up a stack of documents and dragged him to a small office next door.
Entering the office, Janet pressed Simon on the leather chair, sat down on the man's lap, picked up the document she just brought in and opened it: "The two analysts of the No. 5 Fund recently made a report on the Michael Milken incident. After some research, they believe that because of Milken’s investigation, the junk bond market has turned cold, and there may be a wave of junk bond defaults in the United States in the second half of the year, just take a look.”
Simon took the document from Janet and flipped through it while putting his arm around the woman's waist.After several months of accumulation, he has been able to easily understand these analysis reports.
From the scale of capital, it is not difficult to find that the field of hedge funds is still in the early stages of development.In my memory, it was probably after the 90s, especially after Soros sniped the pound and became famous, which triggered the explosive growth of the hedge fund industry.Now, Simon feels that many hedge fund managers may not have as much experience as himself.
What's more, Simon still has the advantage of being a prophet in two lifetimes.
After carefully reading the documents in his hand, Simon also easily collected some information about the North American junk bond market from his memory.
Indeed, as the two analysts said in the document, in my memory, it was probably October in the second half of this year. The default of some companies in the junk bond market caused a series of chain reactions, which once triggered a sharp drop in both the North American stock market and the bond market. A 'mini-crash' after the 10 stock market crash.
After reading the information in his hand, Simon asked Janet in his arms, "What are you going to do?"
"Didn't you say that we will stop at 37000?" Janet put her arms around Simon's neck and said, "In this case, we will operate in Japan for another two or three months at most. During the turnaround of the market, Cersei Capital It happens to be able to escape and go to North America to play a game and short junk bonds."
Although he couldn't explain the reason, Simon did not hide his judgment from Janet. He just said that he believed that the Japanese stock market would reach 40000 points at most. He hoped to leave enough room for Cersei Capital to operate, so he started to withdraw at 37000 points. Completely leave the market before 38000 points.
After 38000 points, Simon can no longer judge the direction of the Japanese stock market. It is indeed a good opportunity to temporarily avoid waiting for the situation to become clear.
Wait for the Japanese market to really turn around, and then re-enter the market to sell down.
However, hearing that Janet was going to short junk bonds, Simon couldn't help but think of the 2008 subprime mortgage crisis in his memory.He doesn't want the Japanese stock market to collapse because of Cersei Capital, and he doesn't want the federal government to think that he has brought down Wall Street's junk bond market.
Although Soros is the object of worship of many people, he is a villain of capital that is hated by governments all over the world.
Simon is a serious businessman and has no plan to be a hedge fund for the rest of his life.If he is hated because of his excessive performance in the financial market, which in turn affects the development of other areas of Westeros Corporation, it will not be worth the candle.
After careful weighing, Simon confirmed that this junk bond debacle is absolutely unlikely to be as grand as the one in 2008.Because the credit default swap financial derivatives that triggered the subprime mortgage crisis in 2008 have not yet been born.
The so-called credit default swap (CDS) is roughly an insurance product, more precisely, it can be said to be a kind of betting.Both parties to the contract bet on whether a certain bond will default. If not, the company selling this financial derivative will continue to receive 'insurance premiums'. Once the debt defaults, the contract seller will have to pay expensive 'claims'.
Compared with traditional insurance, the biggest feature of CDS is that the "insured" party does not need to hold some kind of bond. To use a popular metaphor, the buyer and seller of the contract are completely standing on the side of the road, betting on a passing car at will. Will the car get into an accident, or will a house on the side of the road catch fire and then be bought and sold.These cars and houses have little to do with the bettors themselves.
Fundamentally, this is a kind of speculation.
In my memory, the total value of the U.S. subprime debt market around 2008 was only 7 trillion U.S. dollars, but the total size of the CDS market surrounding subprime debt was as high as 62 trillion U.S. dollars. Therefore, only a small part of the subprime debt defaulted. Under the influence, the global financial market almost disappeared.
Now, CDS products have not yet appeared, and Janet is only shorting junk bonds through traditional methods, which is unlikely to cause too much disturbance.
Confirming his own judgment, Simon patted Janet's waist and said, "You can operate according to the situation yourself, but there is one thing, don't be too risky."
Janet felt that Simon obviously didn't tell her something, but she didn't ask, she leaned over and put a sticker on the man's face, and said insincerely, "I know."
Obviously.
Knowing it is one thing, but listening to it is another.
Simon felt a little helpless, let alone telling Janet the concept of CDS.Once it is said, with this woman's crazy temper, she will definitely get this thing out in advance.If the big crisis in memory happens again in the future, if we go back to the root cause and find that CDS is actually related to Simon Westeros, then the joke will be big.
The two stayed at the headquarters of Cersei Capital all afternoon, and instead of returning to the Kendall Hotel, they rushed to Johnston's mansion in the evening.
After staying in Melbourne for a few more days, after finishing some finishing work for the crew, it was time for Simon to return to North America.Janet will continue to stay in Australia because she will operate Cersei Capital.
Inside a mansion in the northern suburbs of Melbourne.
This is a property purchased by Simon and Janet after careful selection recently. The mansion covers an area of two acres. It is also located on the banks of the Yarra River with excellent scenery, but it is closer to the center of Melbourne, and it is not far from Johnston's mansion. Far, only about 5 kilometers.
The filming of "Batman" is over, and the crew is disbanded, so Daenerys Entertainment will naturally not take over the entire hotel.
After Simon moved out of the hotel, he has been living with Janet in the Johnston family's mansion in recent days.As Simon's assistant, it was impossible for Jennifer to leave like the others, so she was temporarily arranged to live here.The mansion will also be a home for Simon and Janet when they come to Melbourne.
It's okay for a few days, neither of them like living in Johnston's mansion for a long time.
In the afternoon, we will depart back to North America.
In the living room of the mansion, Janet helped Jennifer pack the luggage, most of which belonged to Simon, and were mainly gifts for everyone in Los Angeles.Although not a gift-giving maniac like Michael Ovitz, Simon pays attention to these small details.
The two women were busy together. They noticed that Simon was nestling on the sofa in the living room and casually staring at the TV while reading a file on his lap. Janet stuffed a gift box into the suitcase. She rolled her eyes and suddenly looked at Jennifer Said: "Jenny, I suddenly thought of a very interesting Chinese name, it is very suitable for you."
Jennifer, who was marking a gift, looked up suspiciously: "What?"
Janet glanced at Simon again, smiled and said a strange name that is very awkward for Westerners: "Xing Ren, what do you think?"
Jennifer was confused, and also looked at Simon.
In private, in order to keep up with her boyfriend, Janet has never stopped learning Chinese. The woman still reads the original "Dream of Red Mansions", and now she can even read it in both Chinese and English.Simon naturally knew this. Hearing this, he just turned his head and gave Janet a blank look, and said, "Then what name did you give yourself?"
Chapter 255 Peeping Through (Revising)
Janet took it for granted: "I didn't want to give myself a Chinese name, I just suddenly felt that Jenny is very suitable for this name."
The two women were standing opposite each other on both sides of the long table full of various things. As Janet said so, she turned to Jennifer who was still puzzled with a smile, and began to whisper to the female assistant.
Simon vaguely heard Janet telling Jennifer to be careful not to cling to women and not to work too hard after returning to the United States.
Jennifer still didn't know what happened, but listened to Janet's instructions, her face turned red, and she always felt that something was wrong.
The phone on the coffee table rang.
Simon reached out and Anthony Johnston called. Lunch was ready at the mansion.
We will leave Melbourne in the afternoon, and everyone must have a meal together.
Both women heard the call between Simon and Anthony, and Janet took Jennifer's arm and said, "I haven't invited you to my house yet, and we just happen to be together."
Jennifer glanced at Simon, smiled and shook her head: "You two go over, I'll tidy up these things, and I have to wait for someone to pick up the luggage at the airport."
If it was just a personal assistant, it might not be a problem to go to Johnston's house for lunch, but with the current relationship between her and Simon, everyone would be uncomfortable if it really happened like this.
Jennifer doesn't want to embarrass Simon, as she did at Easter last month, preferring to keep Simon a little guilty about herself.
Today's Johnston's mansion is more lively than when Simon first came to Australia.
After lunch that day, Veronica no longer deliberately avoided Simon, and she appeared today as well.Janet's younger brother, David Johnston, just came back from England with his girlfriend in the morning, together with Anthony Johnston and Norman Johnston, all of them filled the long table of the mansion restaurant.
The only thing Simon has yet to meet is Raymond Johnston's youngest son, Patrick.
David Johnston is 26 years old, tall and thin like his father, wearing a pair of rimless glasses, with a gentle appearance. He is currently studying for a Ph.D. in fluid mechanics at Cambridge University.
David's girlfriend is Leslie Wickett, his schoolgirl in Cambridge, a brown-haired girl with a good appearance and temperament. She introduces herself as an undergraduate in architectural design and a minor in art history. She should not be more than 22 years old .
As Janet said at the beginning, David Johnston really has a bit of a nerd atmosphere.
At the dinner table, Simon asked about his professional research direction, and David solemnly explained how to use the principles of fluid mechanics to calculate the movement trajectory of oil layers buried thousands of meters underground. A series of technical terms made Raymond Johnston frown .
Because David brought his girlfriend back for the first time, the others pretended to listen with dignity, but the old man had no scruples, and quickly interrupted: "What's the use of learning this, and there is no oil field at home for you to study."
David Johnston was obviously afraid of his father, and immediately became dumb when he heard the words.
The atmosphere in the restaurant became a little awkward.
Janet leaned over, her eyes slanted towards David.
Simon understood that the old man reacted like this because he was dissatisfied with the girlfriend David brought back.
Although Raymond Johnston's attitude towards Simon has always been very good since the first meeting, but from the private conversations of Anthony and Janet's children and the performance in front of Raymond, Simon has always known that the old man Not a nice person.
Noticing the unnatural look on Leslie Wheater's face next to David, Simon realized that she was also a girl who was very good at observing words and expressions.
Remembering that he caused the embarrassment, Simon took the initiative to ease the situation: "In fact, fluid mechanics is still widely used, and movie special effects can also be used. Through fluid simulation, we only need to use CG animation to achieve realistic flowing water and flames, etc. effect, which can avoid a lot of expensive live-action scenes.”
Raymond turned his head to look over, softened his tone, and said, "When you return to Los Angeles, contact Tony more often, and don't let Jenny mess around alone."
Simon naturally understood what Raymond was referring to, and nodded with a smile: "I will, and Jenny is actually more suitable for operating that fund than me."
Raymond glanced at Janet and said, "I know her temperament better than you. If no one looks at her, she will definitely cause trouble."
Janet, who was seriously cutting a piece of lamb chops, wrinkled her nose in dissatisfaction, but did not talk back to her old man at this time.
To interrupt a few words, the embarrassment just now was resolved, and the atmosphere in the restaurant became active again.
Simon readily agreed to Norman Johnston's 8-year-old son Victor's request to give him a bat motorcycle, but told him not to really drive on the road, it was too dangerous.
After being questioned by his father in doubt, the little guy accidentally slipped his mouth. It turned out that Brandon, Anthony's eldest son, wanted it, but he was embarrassed to ask Simon.
Anthony got married very early. According to Janet, his elder brother had to marry his son halfway through college. Over the years, he had a son and two daughters. Sylvia, 16, and Chloe, 9, were here at this time, and Simon's eldest son, Brandon, who is the same age as Simon, has shown up a few times these days, but did not come to lunch today.
Everyone now understands why.
Raymond heard his eldest grandson being so "playing with things and losing his mind", so he couldn't help catching his eldest son and reprimanding him, but it was obviously not as serious as when he interrupted David just now.
After lunch, Simon stayed in the mansion until four o'clock in the afternoon before taking his leave.Anthony and Janet sent Simon to Melbourne Airport in the western suburbs, where a Boeing 767 was already waiting on the runway.
Apart from Simon and Jennifer, the last group of "Batman" crew members who stayed in Melbourne will also return this time, and the film's work in Australia is basically over.
The staff of the Australian branch will settle tax rebates with the Victorian government. Simon does not plan to withdraw the US$500 million to North America. Instead, he plans to directly invest in the production of films in Australia, such as Jackson’s "Crazy Fat Baby". Variety Show".
Beside the airport runway, we were about to part. Janet hugged Simon tightly and kept thinking: "I will help you take good care of Cersei Capital, and I promise you won't lose money. I will go whenever I miss you." Los Angeles, you also have to think about me often, it would be better if you could suddenly come to see me, girls like surprises..."
Simon hugged Janet and listened patiently, nodding from time to time.
A few minutes later, Janet stopped and leaned over to put a sticker on Simon's face. Simon thought she was going to let go, but Janet suddenly bit his ear and whispered: "Does my aunt smell good?" ?”
Really biting my ears.
When Simon suddenly heard Janet's words, he felt two rows of small teeth rub against his earlobe, and his back felt a little chilly. He was worried that the woman would bite off a piece of his ear, so he nodded calmly and said with a smile: "Yes, don't you also Do you like it very much?"
Seeing that Simon didn't quibble, Janet let go of her small white teeth, and still whispered in his ear: "You think I can't see that my aunt is very uncomfortable in front of you, and women are always very uncomfortable with certain things." Sensitive, she doesn't like you, and it's not easy to attack."
"This," Simon scratched the woman's waist a few times, trying to divert her attention, and said, "I'm sorry."
"Hmph," Janet twisted her waist a few times, and said unmoved, "I warned you a long, long time ago. So, just smell it, and absolutely don't think about it."
Simon felt cold sweat coming out, shook his head and said, "I swear to God, absolutely not."
Janet still pinched Simon's waist unwillingly, and finally let him go, took a step back, still smiling, as if the conversation just now had never happened, raised her hand and waved towards him, saying: "Get on the plane Come on, everyone has to wait."
Simon watched Janet step back, took two steps forward to grab the woman again, and kissed her, Janet naturally began to respond.
The two lingered for a few more minutes, and separated again. Janet's face became flushed, and knowing that she could not delay any longer, she pushed Simon towards the gangway, and then turned back to Anthony. The brother and sister stood by the runway together Watching Simon board the Boeing 767, the plane glides into the clouds.
In the lounge of the forward compartment of the fuselage.
The plane was flying smoothly. Jennifer, who was seated by the window, unbuckled her seat belt, got up and came to Simon, noticed the fine beads of sweat on his forehead, and asked with concern: "Are you okay?"
Simon was still thinking about what happened just now.
He always thought that he and Veronica were covering up very well, but Janet had noticed the strangeness long ago. Fortunately, Janet just misunderstood.
It's just that this misunderstanding seems more embarrassing than the truth.
Hearing Jennifer's concerned tone, Simon withdrew his thoughts, unbuckled his seat belt, patted his leg with a smile, and said to the female assistant, "Come on."
Jennifer glared at him lightly, and when she saw Simon stretching out her hand to pull her, she sat down, but her face turned slightly red, and her body was stiff, worried that someone would come over suddenly.
Turning her head around, Jennifer finally found a topic to distract her, and said, "Well, what exactly does 'attacking people' mean?"
"From a classical novel in the East, Xiren is the male protagonist's personal maid," Simon said while putting down the partition in front of the seat, took a pencil from the side, and wrote two lines of poems in regular script in the blank space of a document , said: "A very artistic name."
After Simon finished writing, Jennifer looked it over carefully. She didn't know these two poems, but she could appreciate the beauty of Chinese characters: "These characters are so beautiful, how do you read them?"
"The smell of flowers blows people to know that the day is warm, and the sound of magpies pierces the trees to welcome the new sunshine," Simon read it slowly, and circled the word "striking people", explaining: "This is a poem describing the scenery. A small village in the suburbs Having just experienced a cold rain in early spring, the poet got up early in the morning, the sky was bright, and the sun had not yet risen. Walking in the countryside, the strong fragrance of flowers blowing against his face means that the weather is about to get warmer, and the wind from the treetops The magpie chirps, as if happily telling the poet that today will be a sunny day."
Jennifer leaned on Simon, stroking the line of pencil writing with her fingers, and said, "Can these fourteen words express as much meaning as you said?"
Simon nodded: "Yes, this is the characteristic of that country's classical culture."
"It seems that I have to learn some Chinese when I have time, otherwise I won't understand anything in front of you and Jenny."
"I teach you."
"Do you have the time?"
"Time is always squeezed out, now, let's start now."
"Ha ha."
The two chatted in low voices, and Jennifer finally got used to the situation where she was sitting on Simon's lap, but someone knocked on the lounge door, and the female assistant got up and ran away like a bunny.
It turned out that the stewardess came to greet Simon and eagerly asked him if he needed anything.
Feeling the stare in the stewardess' eyes, Simon just asked her to bring a pot of coffee and sent her away.