The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce

The strong Jennifer took a breath and said:

"I found that you and the group are deliberately withdrawing from the Internet. What is the reason?"

In order to prove her discovery, she put the "evidence" she collected on the table.

To her disappointment, Wang Lei was not embarrassed after his little trick was discovered, but said with interest:

“Jennifer, you are a more careful... trainee reporter.

Put away your curiosity, this is not something you can get involved with. "

Jennifer asked with a look of surprise: "You must have discovered something, right?"

Wang Lei found that he had no resistance to the little beauty and was surprisingly patient.

He simply admitted:

"Yes, I withdrew my investment in the Internet because I had a premonition that a storm was coming, and the Internet industry would be like the Sakura Country real estate market, which suffered an unprecedented blow."

Jennifer was still surprised when she heard such a conclusion from Wang Lei.

This person said the same thing two years ago, but unfortunately, his bubble theory was not believed at all.

Even now, people are still thankful that the Y[-]K crisis did not have much impact.

With the merger of the two giants, technology Internet stocks are rising slightly.

This just confirmed Jennifer’s idea, and she asked:

“Can I do a report on this?”

Wang Lei thought for a while, Robert really needed a professional short selling report, and Jennifer, the intern writer, could tell whether it had a more telling story.

Wang Lei asked his assistant to bring in two large boxes of documents.

"I asked people to investigate the financing and operating conditions of 200 Internet companies in the United States."

Jennifer flipped through a few files at random, and the shocking figures on them made her dizzy.

"Jennifer, I hope you will calm down, compile these dossier into data, and then expose it through Paramount News."

“Can I write your thoughts on the story?”

"You discovered all this by yourself, I didn't say anything."

Jennifer nodded understandingly. She was excited and felt that she and Wang Lei were doing something extraordinary.

Looking at her busy figure, Wang Lei lamented that he was too evil and actually used a woman who admired him to do such a thing.

A successful man of his age has witnessed the dark side of society, and his heart is already as hard as steel. Jennifer is playing with fire if she wants to get close to him.

……

XNUM X Year X NUM X Month.

Tiger Fund, which has been short on Internet stocks, finally came to an end.

The founder had to personally liquidate all the funds he was in charge of.

Even at this moment, he believes that shorting is right. Maybe if he persists for a few more months, the harvest will come, but investors will not give him another chance.

For Tiger Fund, things that should be rising have fallen, and things that should be falling are rising.

Repeated mistakes caused Tiger Fund to suffer serious losses.

As a close friend, the Proton Fund suffered continuous losses in short selling. After some important customers withdrew their capital, they chose to compromise with "irrationality" and finally joined the long-term Internet stocks in May last year.

In Wang Lei's view, this is no different from joining the national army in 1949.

The closure of Tiger Management was not done with due respect.

Because at this time even short sellers started to go long, Tiger Fund, which had been short selling, looked extremely humble.

Everyone felt that the era of hedge funds was over, and the closure of Tiger Fund became the biggest topic in the financial world that day.

Many people interviewed Robert from Cayman Capital and asked him what he thought of the closure of Tiger Fund.

"Tiger Capital is the most respected opponent in Cayman. In just 18 years, it has expanded from US$800 million to more than US$400 billion at its peak. This is an increase of nearly 5000 times."

Everyone who heard this nodded slightly in agreement with Robert's words. Except for Tiger Fund's foolishness in recent years, its previous style of play has rarely failed.

"He just participated in short selling at an inappropriate time. In the mid-term, they themselves felt that they were riding a tiger and it was difficult to get off."

The president of the Proton Fund, listening to Robert's talk, couldn't help but feel lucky. If he hadn't stopped his losses in time and chosen the long position, he was afraid that the Proton Fund would have become one of the institutions that failed.

But investors were very dissatisfied with his performance, which made him helpless.

Although he also bought shares of Netscape, Microsoft, and AOL, the returns were obviously not enough to satisfy the appetites of investors. In this irrational market, the Proton Fund became a mediocre fund company.

Drinking red wine, the old man who had experienced ups and downs was extremely confused. He felt that his time had passed and he no longer had the energy to compete with Cayman Capital and Tiger Management.

Just then, he noticed a news broadcast on Paramount Television.

Jennifer's beauty impressed the president.

When he thought that this was an employee of Wang Lei's company, he shook his head in disinterest.

But he soon turned his attention from Jennifer's beauty to what Jennifer discovered.

"Among the 207 Internet companies surveyed, 71% had negative profits, and 51 companies will run out of cash within 12 months, including Amazon!"

"Wang Lei and his family have the foresight to divest themselves from the stock market. Except for a few businesses that have not yet been listed, they have lost their presence in the shareholder details of all Internet companies."

He said in surprise: "How is that possible? That's the Internet star Amazon!"

The assistant quickly put Amazon's information on his desk and saw that the funds in Amazon's accounts were only enough to last for half a year.

He couldn't help shouting:

"Oops! The stock market crash is coming!"

Different from the excitement in the past, this big short seller who once made trouble in Hong Kong City is the one who is harvested this time. He realizes that if he doesn't run, he will be finished. His Proton Fund will burst together with the Internet bubble!

Regardless of the dignity of a financial person, he directly wore hotel slippers, summoned all fund managers, and prepared to start a big sell-off.

This report shocked the entire Wall Street, and almost all fund managers who were supposed to be taking a break returned to their posts.

For them, if they cannot find a suitable takeover, their company will go bankrupt, they will not receive any compensation, and they will become one of the millions of losers.

Jennifer, the initiator, had no idea that her report would have such a big impact.

Her name can even scare practitioners who have experienced the stock market crash.

Coupled with her outstanding appearance, financial people prefer to call her the disaster goddess Jennifer.