Chapter 4 Leeks are for cutting, wool is for squeezing)

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As Buffett said, 1860 was the eve of the rise of Argentina. The so-called rise was entirely due to the livestock industry in the Pampas, which made Argentina the most important exporter of livestock products in the world.

However, it is just the night before. After all, as a South American country, Argentina not only lacks capital, but also lacks labor. It will take more than ten or twenty years for Argentina to truly rise.

Of course, Argentina's economy is also prosperous now. After all, the Pampas is the most fertile land in the world. The export of wool, wheat and other agricultural products has prospered the country's economy.

And this futures exchange is also a symbol of its economic prosperity.

"So, investing in wool will definitely make money now?"

wool?

Buffett glanced at Zhu Xianhai in surprise.

Buffett, who thought this was a coincidence, said.

"It is definitely profitable to invest in wool futures, but certainly not now. Normally, we will buy spring wool futures in winter. Based on the weather conditions in winter, we can estimate this year's sheep wool production. If the production is high,

The price of sheep wool will naturally fall sharply, and if the output is low, its price will naturally be high."

Well...that is, the simplest futures trading.

Zhu Xianhai asked.

"So do you think the current wool price is high or low?"

"This winter this year, the sheep breeding situation on various farms is very good, and there are tens of millions of sheep in Argentina. One thing is certain, the supply of sheep wool this year will definitely be very large, so in the past few months,

Its price has been falling and is not even 60% of last year’s price…”

Looking at Buffett talking so boastfully, Zhu Yihai just nodded silently. No wonder the news of the Mapuche invasion caused a car accident.

The war or invasion must have affected the supply of sheep wool, which directly caused the price of sheep wool to skyrocket. These people must have suffered a big loss.

"I added some more positions half a month ago."

That's it...you dare to stud because of this judgment!

Buffett...what a blessing for such an auspicious name!

What is a mascot?

This guy is clearly the leek.

If you don't act like a leek, you're really losing your talent!

Brother, it’s just self-righteous leeks like you.

"I see, if I buy sheep wool futures now, if its price goes up, wouldn't I be able to earn a lot?"

Doesn't this guy understand what I'm saying?

Buffett's expression froze.

"What did you say?"

"I have 300 pesos here, can I open an account?"

"Eh? Open an account? Of course it's enough. You only need 100 pesos to invest in futures."

Buffett hesitated and tried again.

"Are you planning to invest in futures?"

"Yes."

To be honest, Zhu Xianhai really didn't know anything about futures. After all, stock trading and futures all require money, and he happened to... have no money.

Besides, it’s still futures from 1860.

But one thing that is certain is that in a short while, all futures will skyrocket, and within an hour, news of the war will come.

Zhu Yihai didn't know who the Mapuche people were, but he was certain that this matter was certainly not simple.

It is unclear whether the so-called "invasion" is a real "invasion".

Maybe it's just a way for the dealers to cut leeks.

Judging from the information disclosed by Buffett, this year's market situation and his judgment as the "King of Leeks" are absolutely in line with the basic principle of cutting leeks.

All the news points to the "wool crash", and these leeks are putting their money on it.

Isn't this the time to cut leeks?

The life of a leek... is the life of being cut off.

Of course, wool is also used for shearing! That’s why we came here today to shear wool.

"I'm a foreigner, is there no problem opening an account?"

Zhu Yihai's question made Buffett laugh.

"I am also a foreigner. How many people in Argentina are natives? Okay, let's open an account!"

In this way, under the guidance of the King of Leeks, Zhu Xianhai opened an account without any documents or other certificates. In fact, Argentina in these years did not have any documents to provide, even for those immigrants entering this country.

It's just a name registered at the customs. This refers specifically to those entering and leaving from official ports. In fact, there are many unlicensed ship owners who transport immigrants for free, and then sell the immigrants' contracts to farmers. I don't know.

It was through this method that many new immigrants came to the New World with nothing and became settlers, sharecroppers and agricultural workers.

Passports and green cards don't exist in this year and month.

This actually made Zhu Yihai breathe a sigh of relief. You know, he was originally worried about his identity.

After paying an account opening fee of 1 peso and depositing all his belongings of 299 pesos, Zhu Yihai finally became a retail investor in the futures market, or a leeks in the 19th century.

Leeks are often where retail investors end up.

Looking at the fresh account opening certificate, Zhu Yihai asked.

"Is this a credit account?"

When opening an account, Buffett specifically asked him to open a credit account.

"Of course, with it, you won't miss some opportunities. After all, sometimes we have to prepare in advance."

Buffett said with eight teeth showing.

"Remember what I said? Ordinary people want to change their destiny. What they need is Stud. But there is not always a Stud opportunity. But after making an accurate judgment, you must seize the opportunity, just like

I, ten years ago, I came here with one hundred pesos, and I started my life journey by relying on my credit account to provide five times the authorization..."

When Buffett was boasting and wanted to tell the story of Leek's glorious journey, Dongfang asked.

"If I buy futures now, how should I buy them?"

"Buy now?"

Buffett was stunned and asked.

"What futures are you going to buy? Now is a good time to buy wheat..."

"wool."

What!

For a moment, Buffett was dumbfounded. He looked at this guy as if he were a fool.

"Um... sir, do you have to think carefully? There is no profit at all by buying wool futures at this time. The price has already fallen to a low enough level, and it is impossible for it to fall again?"

Buffett's tone seemed a little eager. God knows, the reason why he came to get close to this guy was just to use him to get close to Major Bellucci. The major is a big shot in Buenos Aires. A big shot among Italians.

.

"You will lose everything!"

"It's okay. Didn't you say that life is about daring to stud? After all, stud is a kind of wisdom!"

Zhu Yihai looked determined and refused to listen, leaving Buffett speechless.

This guy is really crazy!

"299 pesos, all wool futures, buy up..."

He really studded!

And it’s still buying up...wait, what did he say?

While Buffett was stunned, he heard that Zhu Yihai had overdrawn his credit account again.

Twice the authorization.

598 pesos!


This chapter has been completed!
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