Chapter 20 Warm-up?_2
By the way, do you want to allocate some virtual currency? I have a good feeling about Bitcoin, what do you think?"
Jeff rarely asked for Zhou Qingfeng's opinion. In his eyes, that kid 'foresaw' the 'excess deaths', so he must have some inside information, and his opinions were worth considering.
"No." Zhou Qingfeng refused without a second thought.
After the collapse of the US stock market and US Treasury bonds, a large amount of safe-haven funds had nowhere to go, like a panicked flock of sheep rushing into the virtual currency market.
But this craze was just a game of "musical chairs", and the last fool to enter was destined to be left holding the bag.
Especially on the eve of the "X" virus outbreak, what's the use of holding a bunch of virtual currency? It's better to stock up on US dollars — at least the latter can be used as toilet paper.
"Got it, virtual currency is not reliable." Jeff picked up a pen and drew a thick line through the "purchase virtual currency" option.
There were still seven or eight finance professionals in suits around the conference table, their eyes behind their glasses fixed on Jeff's notebook, and they also crossed out the same option on their tablets in unison.
Jeff cleared his throat, and his tone became solemn: "Victor, aside from gold, do you have any other investment advice for safe-havens?"
"What… ask me about safe-haven investments?" Zhou Qingfeng was stunned and thought to himself, "What do I know about this?"
To him, the more than 1.3 billion US dollars was like manna from heaven. He had spent over 800 million a few days ago, and now it mysteriously increased again.
"Um…" Jeff paused, then decided to be straightforward, "Your account now has more than 1.3 billion US dollars, how do you plan to handle it?"
For things he didn't understand, Zhou Qingfeng was too lazy to think about it. When it came to financial matters, he always tossed them... "Leave it all to Kelly, let her handle it."
Jeff Connally on the other end of the phone paused, his pen hovering over the notebook, and his tone carried a hint of surprise: "How much?"
"Ten billion dollars." Zhou Qingfeng was no financial expert and didn't understand investment portfolios or risk hedging.
Kelly was willing to go to "Dongda" to manage "Electric Flight", bustling around for him, so he entrusted her with all his trust, just that simple.
Jeff's mind immediately went into overdrive, "Victor, do you mean to give the funds to Kelly to manage 'Electric Flight'? Are you investing in it via corporate bonds?"
The seven or eight finance professionals around him pricked up their ears like a pack of hyenas on the African savanna, sensing the presence of prey.
Zhou Qingfeng frowned and asked, "Is my bank fund regulated right now? Can it be transferred to 'Dongda'?"
"It is under regulation, but there are definitely ways." Jeff quickly replied, already calculating offshore accounts and tax loopholes in his mind. Read ahead and get updates at M*V*L*E*M*P*Y*R.
"Then let Kelly be in charge."
Zhou Qingfeng's shelter wasn't some mountain hollowed out for a doomsday bunker sealed for decades, it was just a few rented remote abandoned factories and warehouses, stocked with supplies.
His biggest expenses were purchasing canned food, medicine, components, and such, which didn't come close to ten billion dollars.
Leaving the money in the account to gather dust was pointless. Better to send it back to "Dongda", even if it meant giving employees more bonuses to lighten their spirits, which was better than letting it sit idle in a bank account.
Jeff immediately wrote down "Electric Flight Corporate Bonds" heavily in his notebook, "Okay, I understand. If the corporate bond issuance is large, do you mind?"
"Don't mind. Let Kelly decide."
When the call ended, the conference room was silent.
When the call ended, the finance professionals around Jeff felt a sense of mystery—an actual financial giant decided on a ten-billion-dollar investment on a whim.
But one outspoken person spoke first, "Mr. Connally, this investor of yours doesn't seem to understand the business and makes decisions too hastily, right?"
In investment banking circles, this remark was a veiled reference to a "fat sheep".
With such an uninformed investor, not squeezing them for profit would be a disservice to a professional manager's expertise.
Putting the client's money into their own pockets, and then throwing out a bunch of fancy performance reports afterward, blaming the losses on a poor overall environment, no one would truly pursue it.
To be honest, Jeff Connally had similar thoughts—But just thinking about Governor Ellison Parker's death in the street…
"Even the Department of Homeland Security couldn't handle him, you can certainly try to see where his limits are. I'd love to know the results."
Everyone looked at each other, the greed in their hearts replaced by a chill—this investor might not understand finance, but he evidently understood "elimination of finance" better than anyone.
Jeff looked at his notebook, and finally placed a heavy checkmark next to 'Electric Flight Corporate Bonds'.
"If Victor is willing to invest real money, I can also put some money in. As for Kelly… she's my daughter, she should give me a good bond rate."
Everyone present looked at each other, unsure if the 'Pioneer Holdings' chairman was putting on an act or actually intending to invest heavily.
But now, the US Treasury Department is 'flooding the market', and the financial capital on Wall Street had just been released from constraint, it was indeed a time of collective 'frightened birds'.
The backdrop of the stock market crash was that someone had already discovered the secrets of the 'excess deaths' and hoped to escape before the economic collapse.
Now, lots of hot money had no idea where to go, urgently needing a tranquil 'reservoir'—At this moment, there seemed to be only one relatively peaceful place in the world.
"I still need to go to 'Dongda'." Jeff sighed, calling in his secretary, "Book a flight to 'Dongda'. I need to inspect 'Electric Flight' on-site."