The youngest son of the chaebol family, Hu Mou Xianmin

Chapter 674 Paul: I want to “progress” so much!

"Isn't this... a bit risky?" Paul didn't expect that he would experience such exciting things not long after he took office, and he was still a little uneasy. After all, he had never participated in such a "fun" thing before.

As for the financial crisis of 97, he had heard the teacher James mention it occasionally before, but he didn't know the specific details.

……

Chen Daojun looked at the other party teasingly, and said with a smile, "There is no rush to do short selling. It's still early, let's sell those stocks gradually first, and the right way to withdraw the funds! By then, we will have a lot of funds in our hands, no matter what You can do whatever you want!"

"... Do the shares of extremely valuable companies such as Pingguo Company and Google Company also need to be sold?" Wu Shixian was hesitant. You must know that these Internet companies have brought them extremely high profits, which are far from what Chen Daojun said. It will take a long time before the crisis breaks out.

If they sell everything so early, they will definitely lose a lot of money!Even Wu Shixian, who is now worth more than 20 billion US dollars, feels a little sad in his heart.

"If you are really reluctant to give up, just sell 50%-70% of the shares you hold! Just wait until there is a thunderstorm later, and then buy it back at the bottom~!" Chen Daojun comforted with a smile.

Although the subsequent subprime mortgage crisis broke out and global stock markets were greatly affected, these Internet companies quickly made a comeback with their outstanding performance and excellent profitability after their market value fell by more than 50% and their vitality was severely damaged. , and continue to break through and impact new market value records!
Moreover, before the Internet industry bubble burst, they short-sold the company shares they held and set up a group of "takeovers".If we do this again this time, there's no guarantee that those guys won't be wary, so it might as well keep some shares to confuse others.

The allusion of "once bitten by a snake, afraid of well ropes for ten years" is often performed even in distant and beautiful countries.There are quite a few guys who are secretly watching every move of the Goldman Sachs Group!
……

After the meeting, Paul invited several people to a private club for dinner in the evening. After all, Chen Daojun was an investment genius who had been identified and recognized by his teacher James, and Paul still hoped to deepen his relationship with him.

Chen Daojun and others naturally did not refuse the dinner that was delivered to their door. Anyway, as long as someone paid for it in the end!

……

At the wine table, everyone was in a very good mood.

Perhaps after a few glasses of red wine, his emotions were well aroused. Paul said with a rosy face, "Teacher James is a bit unkind~! If I had known that I would follow you people, why didn't you introduce me to me earlier~!"

Chen Daojun smiled evilly and said, "Maybe the old man James is afraid that you will be addicted to it and unable to extricate yourself?!"

When the others heard this, they couldn't help laughing!Chen Daojun's words are indeed a bit unkind. Will James consider this?I'm afraid it's true that I forgot to "support" this student to make money together, right?

However, everyone present is a human being, so how could he reveal such a guess and embarrass everyone~!

"Don't worry~! There will be many opportunities to make money in the future! It won't be difficult to earn billions of dollars before you retire!" Chen Daojun said with confidence.Paul was excited when he heard Chen Daojun's promise.These days, CEOs are just high-level wage earners, with an annual salary of just a few million dollars.Compared with following a top investment consultant like Chen Daojun, this money is only a fraction of the massive profits he earns every year!

……

The dinner lasted for two hours before it ended.Chen Daojun, Wu Shixian, Racel, Li Yan and the four of them were escorted by a dedicated driver arranged by Goldman Sachs Group to a villa in New York City.

Chen Daojun skillfully asked Wu Shixian and Rachel to rest here. After all, there are other important things to deal with tomorrow. If they work until very late, they may not be able to get up tomorrow.

Isugian said with some emotion, "Boss, you still enjoy it~! You have quietly prepared such a luxurious residence here, tsk tsk tsk..."

Rachel leaned on the soft sofa, raised her head and looked at the shining crystal chandelier above. She was very envious, "...that's right, this chandelier in the living room is expensive at first glance~!"

Chen Daojun waved his hand helplessly, "I bought this house because Ariana took a fancy to it. Well -! Across the road on the right is the Rockefeller family's manor! My villa is similar to their luxurious manor. It’s like the difference between watermelon and sesame seeds!”

Hearing what Chen Daojun said, Rachel was a little bit disgusted. Obviously Ariana was in a similar situation to her, and she was also a lover with Chen Daojun, but she was not only a princess of the Rockefeller family, but she also gave birth to a son for Chen Daojun last year. But she was so envious!
Wu Shixian smiled and joked, "Rachel, you have to hurry up~! The people who came later have already given birth to children, and you haven't made any movement yet..."

Rachel was so angry that she got up and went to the room.

Chen Daojun didn't care when he saw this, but instead smiled mischievously at Wu Shixian and teased, "President Wu, if you just ask Rachel to work hard, when will you have a second or third child? It would be good to have more children and train them." Let me share the pressure for you!"

"...Don't! I'm not like the boss who has so much property to inherit to his children~! One child is already enough to give me a headache~!" Wu Shixian quickly refused. He didn't want to have another child to trouble him, and Park Chung Hee would also He often complained about how he, a father, could act like a hands-off shopkeeper and not take care of his children.

------Dividing line------

In the following days, under Paul's order, many investment projects that had lasted for many years began to purposefully reduce their holdings and cash out.Under Eric's precise manipulation, these actions did not attract the attention of other financial institutions in the stock market.

At the same time, George was also paying attention to the price of international gold. After Eric cashed out his stocks, George also began to gradually purchase physical gold.Since the price of gold has been relatively stable over the years, there has not been a particularly huge increase over the years, and it currently remains at around US$250 an ounce.

Chen Daojun was very happy after knowing the price of gold.By around November 2008, due to the full outbreak of the subprime mortgage crisis, the price of gold will skyrocket several times, with the price once exceeding an astonishing price of US$11 per ounce!
After holding it for about a year and a half, you can reap more than 4 times the profit. Wouldn't it be a pity to miss such a huge profit-making opportunity? !

(End of this chapter)