Chapter 24 Futures
George stayed at the winery for a week. After all the newly merged wineries had stabilized, George said hello to Ryan and left the winery alone.

The next day, George came to the Plaza Hotel in New York again and opened a new high-end business suite.I was told by the front desk that someone had left a message before.George took the letterhead and saw that Paul had arrived in New York.After George tipped the hotel front desk US$1, he asked the hotel to arrange a car to pick Paul up at the address on the letterhead.

George returned to the room, took a shower, changed his clothes, poured two glasses of wine, and waited for Paul's arrival in the study.

Not long after, there was a knock on the door.George opened the door, and sure enough, Paul arrived.

After taking Paul into the study and sitting down, George asked, "How are things going in Washington?"

Paul replied: "Boss, we have already negotiated with the publisher. The publisher is only responsible for publishing the books. All other adaptation rights are in your hands, and the royalties are 10%."

"Our patent documents have been issued, including two car charger batteries, 10 car seat headrests, and an electronic starter device that was later applied for. Here is the original patent document."

"I also went to Georgia to meet with Mr. Ernst, the Coca-Cola company you asked me to contact. He said that if the price is right, he could consider selling some of his shares."

"Well, okay, you give me the address of Coca-Cola, and then I will go and talk in person. Next, you can help me register the company first, and you can arrange the company's office space. Then go and buy two Put the cars under the name of the company. You can use one, and find a warehouse to store the other. I want to modify it. Also, book a booth for me at the technology exhibition next month." George said after listening to Paul After the report, a company assigned him several tasks.

Paul directly took out the banknotes and wrote down all George's requirements to prevent forgetting.

"Are there enough funds?" George took a sip of whiskey and asked again.

"Well, if you buy a car and rent a warehouse, it won't be enough."

"Well, okay, I understand." George knew that this was probably the case, so he asked.It's not formal enough now, but after the company is opened and it has finances, he won't have to worry about all the accounting.After speaking, he took out an envelope directly from the drawer and opened it. Inside was the cash he had prepared in advance.

After the two chatted for a while, Paul got up and left.

After Paul left, George also turned around and went downstairs, using the hotel car again to the Bank of America headquarters.This time he walked directly into the VIP room, then showed the check for US$110 million he had just received from the Corleone family, and transferred all the money into his account.

But he did not touch the money in the space because it was still black money.

The Bank of America directly came to a vice president named Henry. George estimated that it was the $1600 million in the account that prompted him to come forward in person.

"Hello, Mr. George Orwell, I am the Vice President of the New York Branch of the Bank of America. My name is Henry Groman. It is a pleasure to meet you and it is an honor for our company to serve you."

The old man walked up to George and stretched out his hand to shake George's hand, and then said: "Although I already know your age, I am still very surprised to see you in person. You have so many savings at the age of 16. You have accumulated so much savings." He has gained wealth that many people will never get in their lifetime.”

"You're so flattering, I'm just lucky." George said modestly.

"Okay, young man, let's sit down and talk." Henry said with a smile.

The two sat down, and everyone else around them stood far away.

Groman picked up the coffee that had just been delivered, took a sip, put down the cup and asked, "George, do you have any plans for the future?"

George knew that Grohman might want to discuss some business matters with him, and might want to make some investments together.

But would Grohmann really be so kind as to help him make money?George didn't believe it.For these capitalists, they are just a piece of fat meat now, and they must want to take a bite.

Moreover, since I was so young, all this money was earned from casinos, so it was easy to find out.For me, a newbie with no business experience, I just need to agree to cooperate with them.They will find a hundred ways to make themselves lose all their money. Capital is always bloody.

Therefore, George did not give Grohmann any room to play, and replied directly: "Yes, Mr. Grohmann. I already have plans for the investment direction in the future. Of course, if I can cooperate with your bank, it will also save me money." time."

"Oh, I wonder what investments you are planning to make?" Groman glanced at George with a somewhat thoughtful look.

"That's it. I want to open an account and borrow two brokers from you to help me operate it."

"George, which stock do you like?"

"I'm not very optimistic about agriculture, so I don't know if I can make arrangements for him." George didn't explain much, so he changed the topic directly.

"Of course, no problem. The philosophy of my bank is to serve every customer well. Don't worry, I will arrange your request later and everything will be ready tomorrow." Groman said with a smile.

"Then please trouble Mr. Groman." George said gratefully.

"Haha, you're welcome. I hope there will be room for cooperation in the future."

After saying that, Groman stood up, shook hands with George, and left.But before leaving, he also arranged for a manager named Pete to cooperate with George.The next day, he first asked Paul to bring a lawyer, and then told Paul that he was not optimistic about agriculture.Then he told Paul that he was going to use US$1000 million as a margin to short wheat futures.

George took Paul to the bank to connect with Pete from Bank of America.George opened an account first and then deposited money into the account.The rest is to let Paul communicate on his behalf, and he can just instruct Paul directly.

George now has a total of 1600 million funds, and George has not used all the funds for shorting.Using 1000 million as a margin to short wheat means that George can use 1 million US dollars to purchase futures contracts.Futures all come with built-in leverage.

And even if the 1000 million is lost, it will not affect his next plan.

George was going to visit the exchange, and several people came to Manhattan.The streets here are very narrow, and the tall buildings on both sides of the streets make people feel very depressed.

And the cow at the corner of the street looks very energetic.On Wall Street in recent years, the stock market has indeed remained high for a long time.

This building located at 11 Wall Street in New York City opened in 1903.The exchange has three stock trading halls, including the main hall, the blue hall, and the "car room" and a bond trading hall. It is a place where securities brokers gather and trade with each other. There are a total of sixteen trading booths, each trading room. The kiosks have sixteen to twenty trading desks.

The sudden rise and fall of the stock market here will have a chain reaction on the stock markets of other capitalist countries, causing fluctuations.

In the exchange, the roaring trading method seemed very ridiculous to George.I don't understand at all how they both confirmed the delivery with this roaring transaction method.

Fortunately, these transactions are all handled by the stock economy and there are no retail investors.Ordinary people probably can't accept this at all.This group of stockbrokers roared as if they had been given blood.If there is a sharp rise or fall, people with a weak heart will definitely not be able to do this job.

Seeing a group of traders with ferocious expressions, George was unable to complain.It's not your own money, so why make yourself crazy?

The stock exchange is a very old-fashioned place, not to mention that there is no online trading now.In later generations, when people sat in front of computers to buy stocks, the trading center in New York still looked like this.I really don’t understand why this thing is necessary.

After going around in a circle, George led several people to leave Wall Street.Before leaving, he took another look at the cow in the distance.George couldn't help but wonder to himself, in the next year, there will be another bull market.

Start the next day.The people arranged by George got involved in the wheat transaction.There is no doubt that the choice is to go short.

小麦这几年,还是非常火爆的。小麦的价格从1914年每蒲式耳0.92美元到1920年的1.96美元,这里一蒲式耳等于27.216公斤。可是乔治知道,在三年后小麦的最低价格会直接跌倒每蒲式耳0.86美元。

But George was not prepared to buy futures contracts that long.All George wanted to buy was a three-month contract.Because George remembers that agriculture was the hardest hit by the economic crisis. The price of wheat has been falling since the crisis broke out. One month later, the value of wheat will fall to US$0.98 per bushel.

It is no secret that George is shorting wheat. Logically speaking, it is solely due to George's own efforts.There is nothing we can do about this market.But opportunity was on his side.

“Boss, we’re halfway through building a position, what should we do next?”

"Then just keep building positions."

"Okay, boss, I'll notify them right away."

One thing he was sure of.It's just that his capital is far from enough. If he had enough funds, he could have done a few short-wave operations before this.Paul came over to inform that the price of wheat is now around US$1.95.

At this point, victory is actually determined.As long as the economic crisis breaks out within these three months, the price of Xiamai will inevitably fall.Whoever wants him to liquidate his position needs to increase the wheat price by 10% to $2.145 per bushel in three months.If there is no economic crisis, they will definitely have the strength to do it, but George is betting that the economic crisis will definitely break out.

"Paul informed them to lock up their positions."

"Boss, don't we do band business?"

"No, we have too little funds now, and I have other uses for the remaining money."

"Okay, boss, I'll notify you right away."

Generally, those who speculate in futures in the short term will not choose to invest their funds overnight.People who choose to do this usually do so with small amounts, and they are usually companies that really need physical goods, such as flour processing plants, etc., borrowing futures inventory.But like George, the risk of short-selling is very high. If you cannot return it in time, you will be jailed.

If George is not nervous, it is absolutely impossible. He has already invested 1000 million US dollars.

George found himself in the trading center, looking at the roaring broker in front of him, unable to keep calm at all.So I decided to stay away from this place so that it would not affect my judgment.

 Thanks to book friend Lujiang Xiaoer Hongyan Mengzi for the recommendation, thank you!Thank you also to all the book friends for collecting it! Thank you!

  


(End of this chapter)

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