After swinging dozens of clubs, my arms were a little sore.
I went home to take a shower and watch TV. Bai Xiaoou had already arrived with his motorcade. Three Lamborghini Reventons were covered with black cloth...
Chen Mo opened several doors of the garage, went over to hug Bai Xiaoou and Luo Chen, and said with a smile: "You two come together, there must be something going on."
Bai Xiaoou looked at the workers at the car dealership: "We'll talk about it later. Let's take a look at your car first."
"ok."
Three Reventons, one in dark green and black, and two in matte black.
This dark green and black model is probably from a private collection and has never been seen online or in magazines.
The two matte black models are relatively common, as many Reventons have this color.
"The dark green and black one costs $3.41 million. It has never been photographed. The total mileage is only more than 400 miles. It has not been driven much. The other two, one hardtop and one convertible, cost 2.39 million and 2.89 million respectively.
They have all been photographed. The hard-top one has run more than 8,000 miles, and the convertible has run less than 2,000 miles..." Bai Xiaoou introduced.
"Is there anything wrong inside the car?"
"No." Bai Xiaoou cut a cigar for Chen Mo: "There are two more, one hardtop and one convertible. The hardtop is for running on the road, and the convertible is for collection... plus your original two, Momo
, that’s awesome, you’ve collected almost half of the American Reventon by yourself.”
Chen Mo shrugged and took the car dealership workers and Lamborghini company workers into the garage to perform comprehensive maintenance on his other cars.
For example, if you want to store a limited-edition supercar properly, it should be moved once every month or two, otherwise it will be more likely to break if it is left there all the time.
In the garage, there are two Reventons, a Porsche 918, an SVJ63, and other cars that are rarely driven. They are all well maintained, driven out for a lap, and then thrown into the garage.
It costs money to maintain these cars. If all the cars are under maintenance once, the bank interest for one day will be gone...
A comprehensive maintenance of more than 200,000 yuan, if it had been put aside in the past, Chen Mo would definitely feel distressed. Now, it is just one day's deposit interest... No, it is the income from fund financial products.
After seeing off the workers, Chen Mo and the others went in. Bai Xiaoou said, "What are your next steps?"
"What's next?"
"You have earned more than 20 billion. You don't want to invest? It's the end of the year and you have to start filing taxes... at least think about how to avoid taxes." Bai Xiaoou said.
"I don't plan to invest anymore. I left the tax avoidance to the bank and bought a fund financial product with full insurance. I left all the tax matters to the bank..."
"The price of gold has reached 1,406 US dollars. Don't you want to do it again?" Bai Xiaoou was speechless.
Chen Mo had a toothache and shook his head: "I'm not interested anymore. You don't know how risky it is to speculate in gold. If I continue to play, my heart is not good and I can't stand it. Wealth that can be maintained is wealth, and wealth that cannot be maintained is
, it’s all clouds..." Chen Mo has 2.13 billion. If all of it is deposited in the bank, that is, if he buys financial products with full insurance, he will earn US$100 million in interest a year.
If you want to make money by investing, it is impossible to be risk-free.
Just like the previous traders, in order to earn super high profits, they also took super high risks...
Even if the price of gold reaches 1,500 US dollars, short selling does not mean that there is no risk at all. If you want to make high profits, you need to open a position in advance, which... is another capital bet.
If you win a huge profit from a bet, if you lose the bet, everything before is just a cloud.
Chen Mo already has enough money. There is no need to gamble anymore... Although Chen Mo also wants to become a billionaire... However, regardless of London gold, New York gold, and other markets where high leverage can be used, everything is far better than what he sees.
The data is complex.
The total initial investment was 400 million.
Ellie's continuous misjudgments during the trading process are probably not mistakes. This is Ellie's analysis at the moment. It is not a mistake, but a big capital wants to eat them.
This... is completely possible.
Large hedge funds often have tens of billions of dollars in capital. Chen Mo and others are very lucky to have eaten the meat from the tiger's mouth.
Bai Xiaoou felt a little regretful: "This is a good opportunity. Are you really not going to try it again?"
"We were lucky enough to win the last bet. Spot gold is a trap. If you want to play, just play with futures, and don't bet too big. I'm serious...it's a small gamble,
Big gambling... hurts the liver."
"Okay. I know about spot gold. If you don't play with it, I will definitely not touch it. At most, you can wait until the end of the financial crisis to buy the stock market at its lowest point and make a sure profit without losing money." Bai Xiaoou smiled.
"How is Huafeng Group? Is it greatly affected by the financial crisis?" Chen Mo said.
"It's miserable." Bai Xiaoou spread his hands: "You know, last month we closed a total of 35 stores. But even so, we still can't break even and are losing money every day. The most in one day
A loss of more than three million... let's get through it, luckily we made preparations in advance and have sufficient cash reserves."
Losing more than three million in one day... and even worse, it affected the company's projects in Napa Valley.
During this financial crisis, if he hadn't made money from the spot gold market, Chen Mo wouldn't know how depressed he would be now.
If there is no financial crisis, Huafeng Group will be listed next year. Chen Mo holds nearly 60 million shares, and according to the size of Huafeng Group, both turnover and profit are much higher than that of Babner Company. If it is listed,
, the market value is definitely higher.
When Babner went public, its market capitalization was US$5.55 billion.
"By the way, are you asking Cohen to help you avoid taxes?"
"Well. Whether it's a big bank or a small bank, there is a tax avoidance business for bank customers. You can go over and find out..." Chen Mo looked at the time and it was almost noon: "Stay and eat, I will buy some seafood."
"Forget it. Let's rush back to San Francisco first and just eat something on the way. There are still many things to do in the company. I have to go back and review the finances again to see if those stores are not doing well and continue to lay off employees."
Chen Mo shook his shoulders: "Okay. I also have something to do in the afternoon and I have to go out."
The stores closed by Huafeng Group are mainly 'Tangxia Yipin' and 'Old Shufeng Hot Pot'. The business of the fast food restaurant is still okay.
It is said to be closed, but it is actually a large number of layoffs and holidays with basic salary retention.
Temporary workers who do not have a formal contract take a vacation directly, which is equivalent to quitting. There are also many regular employees who take a vacation with a basic salary...
Only a few restaurants are actually closed, and other restaurants are still open... The restaurants just mentioned as "closed" are all large restaurants that used to have more than 20 or 30 employees, but now only half of the workers are left, or even less.
Closing the door makes no difference.
Before the financial crisis, Huafeng Group had more than 5,000 employees, both regular and temporary workers. Now, about 30 to 40% of the temporary workers are on vacation, which means more than a thousand people have been laid off in disguise. No way, business is not going well.
Well, we can’t support so many employees.
Among the four companies under Huafeng Group, River Valley Catering is the least affected. This company now has 5 stores, and the Los Angeles store is still booming. In the past, you still had to make a reservation for meals. The business of Twin Peaks Restaurant is not as good as before, and it is also
Profitable. The Dougson's restaurant in San Jose has been doing business for a long time, and now the business is booming... It can be seen that rich people are still rich during the financial crisis, and there is still a high-end consumer market...
The impact is minimal, but it doesn't mean there is no impact at all.
Next is the Shufeng chain fast food company, which is also affected, but is still profitable overall. The most affected are the hot pot restaurant "Lao Shufeng" and the high-end Chinese restaurant "Tangxia Yipin".