Archived Financial Talent

Chapter 549
2009 is coming soon, and if financial market personnel were asked to choose the most eye-catching investment product in 2008, it would definitely be copper futures.

When copper futures fluctuated at a price of [-] US dollars before, many investors around the world turned their attention to copper futures.

It’s just that the increase in copper futures was already a bit large at that time, and the copper price on the market was only slightly increased, and there was no significant increase. Therefore, many people believed that the increase in copper futures would peak soon.

However, what many investors did not expect was that when copper futures ended the volatile market, they actually opened an upward channel.

When the price of copper futures broke through 1000 or [-] US dollars, investors who were still on the sidelines could no longer bear the greed in their hearts and began to enter the market one after another.

Just when everyone thought that the price of copper futures would break through US$[-] quickly, a lot of orders to short copper futures suddenly appeared in the market, and at the same time, the top companies in the world's raw copper production also issued various good news.

As a result, the price of copper futures did not break through the price of 1000 US dollars as expected by the market, but fluctuated heavily at the price of [-] to [-] US dollars.

At this time, some cautious investors began to reduce their positions. After all, no one knows whether the price of copper futures will continue to rise sharply or turn around and fall after the shock is over.

But more investors continue to hold bullish positions in copper futures.

Many of these people entered the market at a price of 1000 to [-] US dollars.

The main reason for them not leaving the market is that the overall profit is not high, and because they missed the opportunity to open a position of $[-] before, so they bet that copper futures will continue to rise this time.

But reality taught these young investors a hard lesson.

After the price of copper futures ended the shock, it did not continue to rise sharply, but turned around and began to fall slowly.

Although the rate of decline is slow, the price of copper futures is indeed falling.

Those who held long positions thought that the decline at this time was just a normal correction, but they did not know that the reason for the decline in copper futures was that Warren Buffett, the stock god, mobilized funds to enter the market at this time and kept shorting.

When copper futures broke through 1000 or [-] US dollars before, Buffett's funds began to enter the market.

Theoretically speaking, the price of copper futures should fall when the capital of the stock god enters the market, but the price of copper futures did not fall above the price of 1000 or [-] US dollars.

Because when the funds of the stock god enter the market, the funds of the richest man Bill are exiting the market.

When the richest man knew that Warren Buffett was starting to enter the market, he didn't excitedly choose to join the short-selling team of the stock god, but chose to close his position and exit.

It turned out that Bill, the richest man, entered the market at a price of 1000 U.S. dollars. When the price of copper futures broke through [-] to [-] U.S. dollars, almost all of his funds were invested in the market.

However, his current positions are always in a state of loss. Once the price of copper futures rises later, his position may be liquidated at any time.

When Warren Buffett started to enter the market, Bill, the richest man, chose to close all his short positions at this time.

Although Bill's behavior looks very shameful.

He was the one who called Buffett to tell him not to let Lin Feng go, and asked him to join the team to deal with Lin Feng.

But when Buffett brought funds to support, Bill followed the opportunity of the opponent's entry and began to close the position.

Before Buffett entered the market, only Bill was the main force in shorting copper futures in the entire market.

If Bill wants to close out the short position of funds, it will inevitably lead to a sharp rise in the price of copper futures, and the sharp rise in copper futures will continue to aggravate the risk of Bill's liquidation.

Therefore, if Bill's funds want to close their positions and leave, it is necessary to have another fund to enter the short position. In this way, when Bill's position is closed, it will not cause a sharp rise in the price of copper futures.

Buffett didn't think so, he still underestimated the degree of rogue of the richest man Bill.

When he and Bill teamed up to deal with Lin Feng, Bill backtracked halfway and took away the funds, which put Buffett in a difficult situation.

After Buffett received Bill's call this time, although he didn't say yes, he was very moved by the other party's suggestion.

He has been paying attention to the contest between Bill and Lin Feng in the copper futures market before, knowing that Bill and Lin Feng are currently evenly matched, and both sides are in a balanced situation.

After Buffett, if he joins Bill's camp with funds at this time, then Lin Feng is really likely to be defeated, and even directly blows Lin Feng's position.

But Buffett never expected that when he started shorting copper futures with funds, not only did the price of copper futures not drop at all, but it was slowly rising.

At the beginning, Buffett didn't pay much attention to this situation.

After all, with the sharp rise of copper futures in the past month, many financial giants in the world have been eyeing copper futures, and it is not surprising that the number of people entering the market to buy long copper futures has increased.

But as the funds in Buffett's hands gradually decreased and the positions in his hands gradually increased, he finally discovered something was wrong.

The stock god who has been in the financial market for many years, although he is a bit old now and needs to wear reading glasses to see things clearly, his mind is still clear.

After Buffett found something was wrong, he immediately asked people to investigate, only to find that it was Bill who was hedging against him in the market.

When Buffett heard the news, Bill's position was almost flat. Even if Buffett stopped opening positions at this time and Bill continued to close the position, the impact on the price of copper futures would not be great.

When Buffett learned about this situation, he directly smashed the screen in his office worth hundreds of thousands of dollars, still feeling a little puzzled, and then called Bill to scold him.

After Bill received Buffett's call, he didn't feel embarrassed at all, and just pressed the answer button.

Bill wasn't angry at all about Buffett's constant scolding on the other end of the phone.

After all, in this matter, he did not do well to Buffett.

But the bustling world is all for profit. If it were Buffett, I believe the other party would make the same choice as him.

"Mr. Buffett, I don't think you need to be so angry."

"Aren't you going to enter the market to deal with Lin Feng? Haven't you already established a position now?"

"The most is that I didn't fulfill my original promise and didn't deal with Lin Feng with you."

When Buffett heard Bill's words, his guts immediately burst into flames.

"Bill, wait for me, I will let you come to beg me sooner or later."

After Buffett finished speaking, he directly smashed the mobile phone in his hand on the ground, and the mobile phone was smashed to pieces in an instant.

(End of this chapter)