Reborn as the youngest son of a chaebol, let's get to know his sister-in-law!
Chapter 27 Tiger Fund!
Chapter 27 Tiger Fund!
August 1991, Manhattan, New York.
"Master Daojun, Robertson and I made a special trip to wait at the company this morning. Everything has been arranged."
Kim Il Tae showed a confident look, as if he was the one who was going to negotiate today.
"Good job!"
Chen Daojun never hesitates to praise those who work hard.
The car was speeding forward on the road. It was clearly the M country 20 years ago, but the surrounding buildings looked similar to the environment before his rebirth.
No wonder everyone around has beautiful dreams, this country was so prosperous 20 years ago.
Many people flock to it.
But Chen Daojun didn't have a good impression of this country in his heart.
The country's development that you see on the surface is actually the result of parasitic on other countries like parasites, squeezing the resources of other countries.
Although this country has the slogan of helping others, what it does is doing evil things while taking advantage of the fire.
Before crossing, Chen Daojun also read a news about a woman who had no money but had the dream of marrying a beautiful woman. After traveling to many places in South America and walking thousands of miles, she finally found a beautiful woman.
When she was granted refugee status, the woman couldn't help posting a circle of friends, saying that she was about to prepare for a happy life.
Someone asked her below, how many thugs did she experience on the road?
The woman replied lightly, these are all the ordeals that must be passed through to reach heaven.
Simply bullshit.
After passing a few streets, the car stopped in front of the Tiger Fund headquarters building.
Chen Daojun looked up, this building looked even more magnificent than their headquarters building of the Chen Family Group.
It is indeed the Tiger Fund, which is well-known in the global financial circle.
After getting off the car, Kim Ri-tae went straight to the front desk of the headquarters.
"What floor is Mr. Robertson on?"
"I'm sorry, the manager explained, there are important guests coming this morning, you may have to wait until later?"
The waiter at the counter replied with an apology, obviously being notified.
Mistaking Kim Il Tae as an ordinary guest talking about cooperation.
Chen Daojun, who was only 14 years old, was mistaken for the child brought by Kim Il Tae.
"If it's inconvenient for you to bring your child, you can temporarily let him go to our company's lounge." The staff enthusiastically suggested.
Chen Daojun couldn't help but rolled his eyes.
Scared, Kim Ri-tae hurriedly clarified: "My name is Kim Ri-tae, this young master is Chen Daojun, and he is the one who wants to interview your manager."
"It's him?!"
The company staff couldn't help being taken aback.
Just kidding!
A teenager who looks like he's underage, going to have a meeting with a manager who is in the middle of the sky?
"Please register the relevant information!"
After the front desk confirmed with the headquarters, their attitude became extremely respectful.
As a guide, lead them to the top floor.
Passing through the grid-like offices, some traders were staring at the computer screen, and some were actively communicating with customers on the phone, a busy scene.
It has only been established for 11 years, and with such a weather, Robertson is really a capable person.
Chen Daojun nodded, and his evaluation of Robertson was a little higher.
"Mr. Chen, please, the manager is waiting for you in the office."
"Thanks for your hard work."
Chen Daojun nodded slightly at her, and then walked into Robertson's office.
The interior of the office is very empty, there is only a desk and a water dispenser, and even the decorations are very sparse.
It looks very monotonous.
"It is said that Robertson, the head of the Tiger Foundation, is a workaholic, so it seems to be true."
"Master, how about I introduce..."
Kim Il Tae leaned down and asked softly.
At this time, Robertson was still sitting at his desk correcting documents.
It seems that even as the boss of Tiger Fund, he doesn't have much free time.
"Excuse me, Mr. Robertson."
Kim Il Tae took the initiative to go forward for a chat, but who knew that the other party didn't even raise his head.
Pointing to the sofa next to him, he motioned, "Go there and wait for me first, you guys are 10 minutes earlier than the agreed time, and it's still within my working hours."
What a workaholic...
The guests do as they please, and Chen Daojun didn't express his opinion, so Kim Il-tae could only obediently sit on the sofa waiting for the guests, waiting quietly for the passage of time.
Suddenly, the wall clock on the wall made a "buzzing" sound. Robertson put down the documents in his hand, took a sip of coffee, and walked into the reception room.
However, when he saw that the person sitting across from the sofa turned out to be a young man, he couldn't help but feel a little strange.
"Isn't it Mr. Chen Daojun, this one?"
Robertson suddenly looked up at Kim Il Tae who was standing aside, trying to get an answer from him.
But after seeing Kim Il Tae nodding again and again, Robertson finally decided that he was right.
The Chen Daojun who asked him to have a meeting at noon was the young man in front of him.
"Yes, I wonder if Mr. Robertson's fund company can carry out short-selling business?"
Robertson didn't talk to Chen Daojun, but asked Kim Il Tae coldly.
"President Jin, such a young man is talking about cooperation with me? I don't have time to manage small pocket money of tens of thousands of 10,000+ for financial management"
"It seems that Mr. Robertson doesn't have the basic qualities to be a fund manager at all? Ritai, let's go. The so-called Tiger Fund is nothing more than that. Perhaps Quantum Fund is a good choice!"
Chen Daojun pretended to gesture and signaled Kim Ri-tae to leave.
"stop!"
"What a joke! Just based on your words, we will accompany you to invest in stocks. Do you know how much money our fund has to operate every month? This is not a place to play games."
Robertson stood up. Over the years, no matter how hard he tried, the strongest fund manager in the industry always ranked him behind Soros.
"Quantum Fund" is the fund company created by Soros. Chen Daojun said it, and it still deeply stimulated him!
"Really?" Chen Daojun stopped and said jokingly.
"For you, don't customers just need to have money?"
"How do you want to cooperate?"
"I feel that a country's currency may weaken this year. I want to make short-selling plans in advance. I hope Tiger Fund will help me with the operation."
Robertson felt like he was being played completely.
Many countries have the ability to manipulate currency invisibly. If retail investors want to operate this kind of short selling, on the one hand, they will not be able to grasp it. Once the country regulates it, it will be over.
How can a teenager see clearly the trend of sovereign currency?
Robertson, who has been in the industry for so many years, dare not 100% determine the trend of currency exchange rates!
"Currency exchange rates are changing rapidly, how can you be sure that the trend is what you think?" Robertson regained his composure and slowly sat back on his chair.
"Mr. Robertson, I remember that when you became the manager of Tiger Fund, you once said this sentence: 'Trying to control finance is the greatest adventure of mankind.'"
Chen Daojun stretched out his right hand: "Now, I invite you to join this adventure, do you still have the courage back then?"
Hearing what Chen Daojun said, Robertson couldn't help being a little surprised.
When he said this, it was the moment when he was full of ambition.
Did he really come prepared?
"To short the currency, I have to do it myself, 1000 million...at least 1000 million US dollars, otherwise, please hire someone else."
Eventually, Robertson made the request.
Shorting with his strength, 1000 million US dollars is the minimum requirement.
Taking 1000 million US dollars as the entry threshold, if Chen Daojun did not have this strength, he would have a good excuse to reject this person.
In his opinion, no matter how rich the chaebol family is, it is impossible for this underage boy to spend so much money!
However, at the next moment, Chen Daojun agreed without any hesitation.
"No problem, I'll give you 1 million."
"what?"
Robertson stood up.
"Yes, 1 million US dollars!" Chen Daojun looked calm, at least judging from his mental state, he was not talking nonsense.
"But I have one condition!"
"Say!"
"For this 1 million US dollars, I will increase the leverage by 5 times."
"You are crazy..."
Robertson seemed to hear the Arabian Nights.
He has been in the industry for many years and has met countless business ghosts, but he has never had a person as bold as Chen Daojun.
Even the most experienced institutional traders are cautious about increasing leverage.
With 1 million funds leveraged 5 times, he is either a lunatic or a genius.
If you want to short some small countries, in case the exchange rate soars.
If the leverage is 5 times, if one fails to operate well, the position will be directly liquidated if it rises by 20%!
He wondered if Chen Daojun was a rich second generation who took some money and squandered it.
"Why, Mr. Robertson has never operated it before, so he is afraid that the operation will not be good, so he smashed the signboard?"
Seeing that the other party has not responded for a long time, Chen Daojun took advantage of the situation to provoke the other party.
Robertson lit a cigar, took a puff, and while he was puffing, he said faintly: "Now the world is developing steadily, you can go short, but you still need to increase leverage, which is very risky and easy. Unexpected risks happen to you!"
(End of this chapter)
August 1991, Manhattan, New York.
"Master Daojun, Robertson and I made a special trip to wait at the company this morning. Everything has been arranged."
Kim Il Tae showed a confident look, as if he was the one who was going to negotiate today.
"Good job!"
Chen Daojun never hesitates to praise those who work hard.
The car was speeding forward on the road. It was clearly the M country 20 years ago, but the surrounding buildings looked similar to the environment before his rebirth.
No wonder everyone around has beautiful dreams, this country was so prosperous 20 years ago.
Many people flock to it.
But Chen Daojun didn't have a good impression of this country in his heart.
The country's development that you see on the surface is actually the result of parasitic on other countries like parasites, squeezing the resources of other countries.
Although this country has the slogan of helping others, what it does is doing evil things while taking advantage of the fire.
Before crossing, Chen Daojun also read a news about a woman who had no money but had the dream of marrying a beautiful woman. After traveling to many places in South America and walking thousands of miles, she finally found a beautiful woman.
When she was granted refugee status, the woman couldn't help posting a circle of friends, saying that she was about to prepare for a happy life.
Someone asked her below, how many thugs did she experience on the road?
The woman replied lightly, these are all the ordeals that must be passed through to reach heaven.
Simply bullshit.
After passing a few streets, the car stopped in front of the Tiger Fund headquarters building.
Chen Daojun looked up, this building looked even more magnificent than their headquarters building of the Chen Family Group.
It is indeed the Tiger Fund, which is well-known in the global financial circle.
After getting off the car, Kim Ri-tae went straight to the front desk of the headquarters.
"What floor is Mr. Robertson on?"
"I'm sorry, the manager explained, there are important guests coming this morning, you may have to wait until later?"
The waiter at the counter replied with an apology, obviously being notified.
Mistaking Kim Il Tae as an ordinary guest talking about cooperation.
Chen Daojun, who was only 14 years old, was mistaken for the child brought by Kim Il Tae.
"If it's inconvenient for you to bring your child, you can temporarily let him go to our company's lounge." The staff enthusiastically suggested.
Chen Daojun couldn't help but rolled his eyes.
Scared, Kim Ri-tae hurriedly clarified: "My name is Kim Ri-tae, this young master is Chen Daojun, and he is the one who wants to interview your manager."
"It's him?!"
The company staff couldn't help being taken aback.
Just kidding!
A teenager who looks like he's underage, going to have a meeting with a manager who is in the middle of the sky?
"Please register the relevant information!"
After the front desk confirmed with the headquarters, their attitude became extremely respectful.
As a guide, lead them to the top floor.
Passing through the grid-like offices, some traders were staring at the computer screen, and some were actively communicating with customers on the phone, a busy scene.
It has only been established for 11 years, and with such a weather, Robertson is really a capable person.
Chen Daojun nodded, and his evaluation of Robertson was a little higher.
"Mr. Chen, please, the manager is waiting for you in the office."
"Thanks for your hard work."
Chen Daojun nodded slightly at her, and then walked into Robertson's office.
The interior of the office is very empty, there is only a desk and a water dispenser, and even the decorations are very sparse.
It looks very monotonous.
"It is said that Robertson, the head of the Tiger Foundation, is a workaholic, so it seems to be true."
"Master, how about I introduce..."
Kim Il Tae leaned down and asked softly.
At this time, Robertson was still sitting at his desk correcting documents.
It seems that even as the boss of Tiger Fund, he doesn't have much free time.
"Excuse me, Mr. Robertson."
Kim Il Tae took the initiative to go forward for a chat, but who knew that the other party didn't even raise his head.
Pointing to the sofa next to him, he motioned, "Go there and wait for me first, you guys are 10 minutes earlier than the agreed time, and it's still within my working hours."
What a workaholic...
The guests do as they please, and Chen Daojun didn't express his opinion, so Kim Il-tae could only obediently sit on the sofa waiting for the guests, waiting quietly for the passage of time.
Suddenly, the wall clock on the wall made a "buzzing" sound. Robertson put down the documents in his hand, took a sip of coffee, and walked into the reception room.
However, when he saw that the person sitting across from the sofa turned out to be a young man, he couldn't help but feel a little strange.
"Isn't it Mr. Chen Daojun, this one?"
Robertson suddenly looked up at Kim Il Tae who was standing aside, trying to get an answer from him.
But after seeing Kim Il Tae nodding again and again, Robertson finally decided that he was right.
The Chen Daojun who asked him to have a meeting at noon was the young man in front of him.
"Yes, I wonder if Mr. Robertson's fund company can carry out short-selling business?"
Robertson didn't talk to Chen Daojun, but asked Kim Il Tae coldly.
"President Jin, such a young man is talking about cooperation with me? I don't have time to manage small pocket money of tens of thousands of 10,000+ for financial management"
"It seems that Mr. Robertson doesn't have the basic qualities to be a fund manager at all? Ritai, let's go. The so-called Tiger Fund is nothing more than that. Perhaps Quantum Fund is a good choice!"
Chen Daojun pretended to gesture and signaled Kim Ri-tae to leave.
"stop!"
"What a joke! Just based on your words, we will accompany you to invest in stocks. Do you know how much money our fund has to operate every month? This is not a place to play games."
Robertson stood up. Over the years, no matter how hard he tried, the strongest fund manager in the industry always ranked him behind Soros.
"Quantum Fund" is the fund company created by Soros. Chen Daojun said it, and it still deeply stimulated him!
"Really?" Chen Daojun stopped and said jokingly.
"For you, don't customers just need to have money?"
"How do you want to cooperate?"
"I feel that a country's currency may weaken this year. I want to make short-selling plans in advance. I hope Tiger Fund will help me with the operation."
Robertson felt like he was being played completely.
Many countries have the ability to manipulate currency invisibly. If retail investors want to operate this kind of short selling, on the one hand, they will not be able to grasp it. Once the country regulates it, it will be over.
How can a teenager see clearly the trend of sovereign currency?
Robertson, who has been in the industry for so many years, dare not 100% determine the trend of currency exchange rates!
"Currency exchange rates are changing rapidly, how can you be sure that the trend is what you think?" Robertson regained his composure and slowly sat back on his chair.
"Mr. Robertson, I remember that when you became the manager of Tiger Fund, you once said this sentence: 'Trying to control finance is the greatest adventure of mankind.'"
Chen Daojun stretched out his right hand: "Now, I invite you to join this adventure, do you still have the courage back then?"
Hearing what Chen Daojun said, Robertson couldn't help being a little surprised.
When he said this, it was the moment when he was full of ambition.
Did he really come prepared?
"To short the currency, I have to do it myself, 1000 million...at least 1000 million US dollars, otherwise, please hire someone else."
Eventually, Robertson made the request.
Shorting with his strength, 1000 million US dollars is the minimum requirement.
Taking 1000 million US dollars as the entry threshold, if Chen Daojun did not have this strength, he would have a good excuse to reject this person.
In his opinion, no matter how rich the chaebol family is, it is impossible for this underage boy to spend so much money!
However, at the next moment, Chen Daojun agreed without any hesitation.
"No problem, I'll give you 1 million."
"what?"
Robertson stood up.
"Yes, 1 million US dollars!" Chen Daojun looked calm, at least judging from his mental state, he was not talking nonsense.
"But I have one condition!"
"Say!"
"For this 1 million US dollars, I will increase the leverage by 5 times."
"You are crazy..."
Robertson seemed to hear the Arabian Nights.
He has been in the industry for many years and has met countless business ghosts, but he has never had a person as bold as Chen Daojun.
Even the most experienced institutional traders are cautious about increasing leverage.
With 1 million funds leveraged 5 times, he is either a lunatic or a genius.
If you want to short some small countries, in case the exchange rate soars.
If the leverage is 5 times, if one fails to operate well, the position will be directly liquidated if it rises by 20%!
He wondered if Chen Daojun was a rich second generation who took some money and squandered it.
"Why, Mr. Robertson has never operated it before, so he is afraid that the operation will not be good, so he smashed the signboard?"
Seeing that the other party has not responded for a long time, Chen Daojun took advantage of the situation to provoke the other party.
Robertson lit a cigar, took a puff, and while he was puffing, he said faintly: "Now the world is developing steadily, you can go short, but you still need to increase leverage, which is very risky and easy. Unexpected risks happen to you!"
(End of this chapter)
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