Reborn in America, I'm serious about making money.
Chapter 211 Dare you??
On the first workday after Christmas, Jack was in high spirits. He had been selling his internet stocks recently, even though the investors felt that their investments were not growing along with the stock price.
Despite some minor complaints, they still accepted Jack's explanation.
"Hey Jack, I heard you've got a hot chick." Jack's partner made a wavy gesture and winked at him cheekily.
Jack laughed and said, "Hey, as long as you let loose, you can be like me, surrounded by big-breasted women of all hair colors. After all, you're a rich man now."
The two joked as they walked to their offices. When Jack turned on his monitor, he saw an unread email. He had many email programs on his computer, but there was one special one that he rarely opened. However, he received a message from it today, which excited him. Whenever this email received a message, it meant that a big operation was about to take place.
"Dare you??"
"WTF!?"
Jack was naturally indignant. As a proud American lad, how could he be provoked like this? He immediately opened his email.
"OMG, this plan is insane, I love it."
Jack roared excitedly. Fortunately, his room was well soundproofed, and no one outside could hear his shouting. After all, he was a young man, and in the eyes of these energetic young Americans, there was nothing they wouldn't dare to do.
Soon, Jack called over his trading team.
"Hey guys! I have a bold idea, but before I do, I'm asking you guys, are you willing to participate?" Jack explained the plan very seriously.
One of the skinny guys in the team raised his hand, and Jack gestured for him to speak.
"Jack, can you make money? A lot of money."
"Of course, a lot of money, a great deal of money," Jack said. "If we succeed, we'll move to the Twin Towers, and there we'll become the best fund company."
Wow~
"Done."
"Speak, Jack."
Jack was delighted; they were all like-minded partners. He immediately said, "Then let's sign a confidentiality agreement. We'll pull off a big heist later."
He took out several documents from a file folder, which contained confidentiality agreements; each member of the young operations team received a copy, ensuring no one was left out. After reviewing them, they quickly signed the documents.
Jack quickly put the documents away and placed them in a file bag.
"Jack, tell me, what's our big operation? I can't wait."
Seeing that one of his friends was already impatient, Jack didn't want to keep everyone in suspense, so he immediately turned on the slide projector and began to explain the plan.
What he said was very simple: in the past two or three months, they had sold half of their shares. This was not a secret to the team; it was something everyone knew.
They all know.
"Why are we selling? Because many things have told us that this market is saturated. Once it's saturated, people will want to get out. We've also done some tests and found that even the slightest disturbance can cause it to collapse."
Everyone nodded, indicating that it was true.
Jack continued, "In another month or two, the 1999 annual reports will be released, and I suspect the results won't be very good. No one will continue to invest in an unprofitable industry, because ordinary investors want returns; while investment banks want to go public and cash out—there's a fundamental conflict between the two."
"Since this market has already entered a bubble phase, then we're going to burst it."
"Snap! It broke. Let's use our big thing to blow it up."
Inside the meeting room, everyone became excited; this was truly a grand plan.
In North America, people look at price-to-earnings ratios and financial statements; it's completely different from the A-share market. They don't look at price-to-earnings ratios, financial statements, or anything like that. In the A-share market, they only speculate on themes and hot topics. Experts actually talk about sector rotation, which is nonsense.
Retail investors in the A-share market are used to following the crowd. They rush in as soon as a theme becomes popular, regardless of the consequences. In their view, they are better than others and will definitely be able to get out first. Therefore, the A-share market is a speculative market where everyone tries to outdo each other.
The big players had long seen through the true nature of the retail investors in the A-share market, so even if a stock market guru came, he would have to pack up and run.
The North American stock market is different. It's a collaborative effort, using connections to manipulate companies... Once the stock market reaches a certain level, they find an excuse to reap the profits, such as economic cycles or interest rate hikes.
Why are Europe and America considered mature markets? Because their harvesting models are highly established and mature.
Cases like Jack Manigan's Fund are very common; today, they received the "Dare you??" email, and many other fund companies also received this email, and they have started meetings to discuss short-selling plans.
In Zhang San's view, it's not advisable to invest in all of them; having more than thirty is sufficient. If they all act in unison, someone might associate these fund companies with him.
The computer operating system used on Wall Street today is NT-MS, the routers are from Silky, and a special email address is used.
What they didn't know was that their inboxes weren't receiving emails at all; they were simply being written by Zhang San through a backdoor, and it was pre-programmed so that it could be triggered remotely.
You can't do this kind of thing too often, or you'll get caught.
In his early years, Zhang San didn't want to operate this way because he didn't want to attract too much attention. Making money once was enough. If he made a second or third wave, the massive flow of funds would attract attention, and he wouldn't be able to avoid it. His nearly two hundred billion US dollars are still flowing like ants to different banks and different accounts.
Besides repaying loans, a large amount of funds was financed and needed to be repaid to various overseas funds, which was very difficult. In addition, there was the purchase of physical gold; otherwise, how could so many US dollars be transferred out?
Moreover, these funds were used to acquire several companies in North America, including a company with touch technology patents, a light source company, and an Australian company. In addition, they also acquired some coal mining companies, a resource that is already outdated and far behind oil and new energy sources.
He has too much money, so he just buys things everywhere. If people knew that the buyer behind these companies was the same person, I wonder what they would think of him as a nouveau riche.
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