The entire United States is collectively denigrating Longteng Fund and Soros, the financial tycoon who controls the fund.
Colleagues were laughing at Soros, saying that he was unlucky and stepped on dog shit this time.
The general public is a little better, but they also feel that Soros has failed this time and lost the battle!
Only a small number of people who knew the details defended Soros. They felt that the reason why Longteng Fund suffered serious losses this time was not because of Soros' poor execution ability, but because of the wrong decision-making by Shi Zhijian, the boss behind the fund!
"That Shi Zhijian is that idiot, a lunatic! A self-righteous guy! Yes, Chinese people are like this. They always think they are smart, but they don't know that the facts will slap him in the face!"
"Poor Soros, I don't know why he boarded Shi Zhijian's pirate ship! Now he is riding a tiger and it is difficult to get off, and his reputation has been ruined in one day!"
"That Shi Zhijian is the culprit! Soros is just his puppet! He wholeheartedly wants to duel with Downey and Buffett, but now, isn't it miserable?!"
It’s not a big deal to watch the fun!
These people sneered at Shi Zhijian. In their view, they, proud white people and Europeans and Americans, are the ones who control the financial world and are qualified to aspire to the throne of stock god. What qualifications does a Chinese from Hong Kong like Shi Zhijian have?
Stupid people can only become garbage!
…
"Stupid people are worse than garbage!"
October 6, 1973.
Today, the Arab Petroleum Exporting Countries announced an oil embargo against countries that support Israel. The first batch of embargo countries included the United States, the United Kingdom, Canada, the Netherlands and Japan, and was later expanded to include Portugal, South Africa and Rhodes.
West Asia. The oil embargo was not lifted until March 1974, causing global oil prices to skyrocket from approximately US$3 to US$12 per barrel, which had a profound impact on the world economy and politics.
now--
United States, Downey Hills-——
Downey Rothschild is hosting a grand night banquet, inviting many investors, relatives and friends to congratulate this great financial battle.
Downey was wearing a black Italian custom-made dress, holding a glass of champagne with great style. Behind him was a beautiful champagne tower, and behind the champagne tower was a fountain with water splashing everywhere.
Downey just stood in front of the champagne tower and the fountain with an arrogant look on his face, like Zeus, the God of Gods, with an aura of power all over his body.
All around were well-dressed wealthy elites, gentlemen and dignitaries. They were also holding champagne and looking at Downey with admiration.
"Stupid people are worse than trash!" Downey repeated his opening remarks again while holding the wine glass.
"Going against the general trend, going against me, is a dead end! Do you know why? Because I am Downey, I am the general trend, and I am the stock market!"
Everyone looked at Downey, listened to his domineering remarks, and knew in their hearts who the person who was about to die was.
"Of course, I still want to thank one person in this war, and that is Mr. Warren Buffett!" Downey made an invitation gesture to Buffett, who was standing next to him.
Buffett was stunned for a moment, quickly straightened his tie, and stepped forward with a wine glass.
Downey asked Buffett to stand next to him and said with pride: "No need for me to introduce, everyone knows who he is - yes, he is Mr. Buffett, my think tank, my friend, and my general, too.
The great hero who defeated Longteng Fund, Shi Zhijian and Soros!"
Everyone looked at Buffett.
Buffett felt a moment of immense glory.
"Come, let us all applaud him!"
"Bah bang bang!"
At Downey's call, everyone applauded Buffett and looked at him with admiration.
Buffett looked calm on the outside and accepted the congratulations calmly, but he was very excited inside.
To be honest, Buffett never expected that crude oil futures would continue to fall like this!
At first, he almost suggested that Downey sell the futures on hand and take advantage of the trend to take profits, but now the profit has reached 40% again, which is simply a miracle!
"Am I really wrong and am I overthinking?" Buffett even began to doubt himself.
Fortunately, Mr. Downey didn't mind what happened before, but praised him very much. For example, at this moment——
As a financier and trader, there is no greater honor in the world than this!
"Okay, everyone, be quiet!" Downey waved his hand to calm everyone down, "Tonight we are hosting such a grand dinner. In addition to thanking Mr. Buffett for his help to me, I also want to thank one person--
"
Donnie raised his champagne glass and said, "Come on, let's all say his name together!"
"Shi Zhijian!"
"Petejian!"
"Hahaha!"
Everyone burst out laughing.
"Yes, we want to thank our enemies! Because of the stupidity of our enemies, we have made a lot of money! Come, let's drink!"
"cheers!"
"Best wishes to stupid Shi Zhijian!"
"Bless that fool Pete!"
Everyone raised their champagne glasses and drank it all!
At this moment, someone came in a hurry! Because he was walking too fast, he almost knocked over the champagne tower behind Mr. Downey!
"Damn it, why are you in such a hurry?" Downey's bodyguard thought he had some purpose and immediately stepped forward to catch him.
"I'm looking for Mr. Buffett. I have something important to report to him!"
The person who came was Arthur, Buffett’s confidant and the most important trader of Buffett’s investment company!
Buffett also saw Arthur. He didn't know what happened. Arthur looked pale and looked panicked.
"What, looking for you?" Donnie also saw it and asked Buffett.
"Yes," Buffett said, "his name is Arthur, he is my apprentice and he is also a good investor - you met in the conference room last time."
"I remember, he's the guy who dared to stroke my beard!" Downey nodded, beckoned to the bodyguard and said, "Let him come over!"
Arthur was let go, and he hurried to Buffett without caring about tidying up his clothes, and then whispered a few words to him.
In an instant, Buffett’s expression changed drastically!
"What happened?" Donnie asked.
Everyone else looked at Buffett curiously.
Buffett opened his mouth, but his strength seemed to be drained by something and he was speechless. It took him a long time to spit out: "A war broke out in the Middle East!"
Snap!
Someone's wine glass fell to the ground and shattered!
Then the scene fell into dead silence!
War breaks out in the Middle East?
So oil——
Oil production will be reduced! There will be an embargo!
Then the price of oil will -
Skyrocketing!
"Quick, quick, quick!!!!" someone urged, "Hurry up and look at the current crude oil futures price!"
"God, it's night now and the market isn't open yet!"
"It will be too late when the market opens!" Someone said with a cry, "War, this is a war! This is not an ordinary black swan event, maybe we will die!"
At this moment, everyone is no longer as interested as before, and all of them are anxious! What’s more, they are as anxious as ants on a hot pot stamping their feet!
"Calm down! Everyone, calm down! Maybe things are not as bad as everyone thinks!" Downey, as the boss, asked everyone to stay calm.
"When it comes to fighting, there is always a small fight in the Middle East every day, and a big fight every ten days, but every time there is heavy thunder and little rain - maybe it will be the same this time!"
"Yes, yes! Maybe it's a false alarm! Turn on the TV quickly and see what it says -"
The TV was quickly turned on, and sure enough, real-time news was being broadcast.
Everyone watched the broadcast nervously until the news spokesperson above announced: "The fourth Middle East war has broken out——"
"Oil is banned!"
"Complete shutdown of oil plants!"
"Oil prices have skyrocketed, reaching as high as $4 a barrel!"
With a bang, the scene exploded!
People can't calm down anymore!
When they invested, the price of oil per barrel was US$2.9, and then they made a 40% profit by shorting oil futures, but now -
The price of oil not only rose to its original position, but also continued to skyrocket, reaching an astonishing $4!
In other words, those who shorted crude oil futures not only spit out all their previous profits, but also lost one-third of their funds!
"Oh God!" Someone fainted at the scene!
This is just the oil price released in the news. The exchange has not opened yet, and we don’t know what the oil price will be then-——
Downey was watching the TV in a daze, crying and howling in his ears.
His $5 billion now only has 3.5 billion left?
How is it possible?
Donnie laughed and thought he was crazy! This is a joke! Someone must be doing a conspiracy!
Buffett's face was ashen, and the hand holding the champagne glass was trembling.
Arthur stepped forward to hold him up so that he wouldn't fall!
"Tomorrow, maybe things will get better tomorrow..." Buffett said, and as far as he could see, there was wailing all around!
…
The next day——
When the New York Stock Exchange, the London Stock Exchange, the Toronto Stock Exchange, and the Hong Kong Stock Exchange in Asia opened, what everyone at the scene heard was no longer wailing, but dead silence!
Those investors who are shorting crude oil futures are all ashen-faced and shaky! What’s more, some are like walking zombies, simply numb——
When the market opened that day, global oil prices had doubled, reaching an astonishing $5.89!
In other words, all investors who shorted crude oil futures have now lost half of their money!
Looking at the numbers still bouncing on the big screen, Buffett wiped the cold sweat from his forehead with a handkerchief.
Arthur couldn't help it anymore: "Throw it away and stop the loss in time!"
"Stop loss?" Buffett gritted his teeth.
"Yes, the war is getting bigger and bigger now. If the war continues like this, the price of oil will only continue to rise - if we don't stop losing money, we may lose more!"
Of course Buffett knows this, he just doesn't want to believe it.
But the data in front of you will not deceive you, and the situation will not deceive you.
After thinking for a while, Buffett immediately called Donny Rothschild and directly sold the stop-loss strategy.
Needless to say, Downey scolded him for this strategy!
What was originally a profit of two billion US dollars suddenly turned into a loss of US$2.5 billion, and anyone could blow it up.
"Can't sell! It will come back, yes! I believe that the United States will soon send troops to stop this damn war, and the price will definitely continue to fall by then!" Downey shouted, "I have fought with many military bosses
Phone calls, they think so too, yes, you have to listen to me! Damn it!"
Buffett hung up the phone, hesitant.
Arthur asked: "What should we do now? Do we really hold on until all losses are gone?"
"No!" Buffett's eyes were murderous and he slammed his fist on the table, "Sell our company's shares! All of them! As for Mr. Downey's, let him hold on!"
Arthur nodded. He knew how difficult this decision was for Buffett. After all, the company lost more than half of its money. There was no one else who had the courage to admit defeat.
When the news came out that Buffett's investment company was selling crude oil futures crazily, those who followed him saw that the situation was wrong and hurried to follow, even if they lost money, they had no choice but to admit it!
It was already evening when Downey learned the news, and the stock exchange was closed.
Downey yelled at Buffett, scolding Buffett for being short-sighted, scolding him for being unstrategic! Finally, it extended to scolding Buffett's eighteen generations of ancestors!
"Downey Financial Company has suffered serious losses, currently as high as 2.5 billion!"
"Buffett's investment company stopped losses in time, and all its investors broke out in a cold sweat!"
Television and newspapers have reported on this emergency.
Investors from various countries in Europe and the United States were in distress, and many went bankrupt and went straight to the rooftops.
In just three days, various countries in Europe and the United States staged scenes of "trapeze" performances!
Most of these people are shorting crude oil futures and adding leverage!
…
Compared with those investors who are shorting crude oil futures and struggling to survive at this moment, Longteng Fund is silent at this moment.
Seeing the profits that were still jumping up in front of them, they were so shocked that they were speechless!
After investing more than 2 billion US dollars, we have now gone from a loss of 6 to 7 billion to a profit of 2 billion!
What does this mean?
Is God playing games with us?
Shen Bi bit her cigar and looked at Saipan in confusion.
Saipan looked at Shen Bi with the same confused expression.
The two looked at each other and found that each other looked depressed, with blood-red eyes and unkempt beards!
They barely had a good night's sleep during this period.
I often wake up from nightmares as soon as I lie down. Either the company collapses, or they stand on the rooftop and prepare to jump off.
But now——
Gudong!
Shen Bi swallowed, "I have to admit...Mr. Shi was right again this time!"
Saipan also looked in disbelief and said: "Yes, not only was the bet right, but he also made a comeback!"
"He is simply amazing!"
"No, he is God!"
The two of them were full of respect and admiration for Shi Zhijian! They almost fell to their knees!
"Two billion, we made two billion! It has doubled!"
"Do you want to throw it away? What you put in your pocket is the money, in case-"
"Yes, yes! Contact Soros quickly and ask him to sell his stocks!"
Shen Bi and Saipan were frantic and hurriedly found a phone to call Soros.
Jingle bell bell!
Soros answered the phone. When he heard that Shen Bi and Saipan asked him to sell futures stocks, he was stunned for a moment and said: "Dear Shi, I will never sell until I make four times the profit!"
"ah?"
Shen Bi and Saipan fell to the ground in shock!
Four times?
Is it possible?
Mr. Shi is crazy!
Soros put down the phone and shrugged. He also thought that Shi Zhijian was crazy and even more greedy than himself. He had already doubled his profits and reached 100% profit. He still wanted to reach 400. Is it possible?!
