Vol 3 Chapter 57: Teach a future president


United States.
Wall Street, Quantum Fund headquarters.
A brown-haired young man sitting in the office, holding the economic analysis intelligence data sent back from Europe, gently tapping the table.
Stanley Drucken Miller, the youngest investment genius on Wall Street, has super market acumen and incredible intuition.
In 1977, he graduated from school and became a stock analyst at the National Bank of Pittsburgh, with an annual salary of $10,000. In three months, he became the project leader of securities research with an annual salary of 23,000 US dollars. It took less than a year to become a department manager with an annual salary of nearly 500,000 US dollars.
In 1980, when Drucken Miller was only 28 years old, he left the bank to establish his own financial management company, Duquesne Capital Management.
Genius is always shining.
In 1988, Drucken Miller was invited by George Soros, the head of a well-known fund management company on Wall Street, to join the Quantum Fund.
Less than a year after joining the Quantum Fund, the two Germans called for pushing the Berlin Wall to the Berlin Wall. Drucken Maitreya, with keen political insight, believes that the merger of the two Germanys will increase Germany’s national strength and Mark will definitely be better than in the past. Even stronger, he bought two billion US dollars worth of German marks in the currency market within a few days.
In the following year, the mark appreciated by 25% against the U.S. dollar, and the Quantum Fund gained 31.5% and 29.6% gains in 1989 and 1990, respectively.
In this regard, Wall Street later circulated a tidbit.
At first, Druckenmiller was only going to buy one billion U.S. dollars of Deutsche Mark. Soros asked him: Stanley, how big are you going to build?
Druckenmiller: One billion dollars.
Soros: Do you also call this a position?
This rhetorical question became a classic Wall Street dialogue. Later, Druckenmiller doubled his position with Soros' encouragement.
There is no better proof of a person’s ability than profit. The generous return on the purchase of Deutsche Mark makes Drucken Maitreya the actual helm of the Quantum Fund.
Under the financial crisis in Norway, the real estate and stock market plummeted, which affected the economic downturn of the five Nordic countries. Finland, which is close to the former Soviet Union, is now suppressed again and the unemployment rate in Finland continues to increase.
Putting down the documents in his hand, Drucken Maitreya stood up and walked to the map of Europe hanging in the office.
The three-meter-long map has long been painted beyond recognition, covered with red, blue and green marks.
The merger of the two Germanys has expanded on the political map, but there has also been a huge fiscal deficit. In order to alleviate inflation, the Bundesbank can only raise interest rates to curb inflation, and the mark is bound to continue to strengthen.
Considered for a moment.
Drucken Miller picked up the pen and drew a circle on Finland.
The Finnish mark and the Deutsche mark have always been linked, but Finland is not in the European Community. Now the five Nordic countries are in an economic crisis. If the Deutsche mark continues to strengthen, the Finnish mark will inevitably bear a lot of pressure. With the help of the state, it may be difficult to maintain the current exchange rate.
As long as the Finnish mark cannot hold the current exchange rate, it can only depreciate, which means that it will push up the German mark and continue to strengthen.
After thinking for a moment, Drucken Maitreya returned to the desk and picked up the phone on the desk.
Toot!
Soon the call was connected, and a familiar voice came from the phone.
"George. I think we need to talk about Europe now."
Europe.
For George Soros, this is a sad place.
When he was seventeen, he left Hungary and went to Berne, Switzerland, but he could only work part-time. Although it was prosperous, there was no hope for people. Helpless, he went to the most beautiful city in Europe, London.
As a result, the beautiful imagination of London was completely shattered by reality. This will not be the world of the poor, but the paradise of the rich.
He can only rely on odd jobs to make ends meet.
Reading can change your destiny.
In order to change his fate, Soros was admitted to the London School of Economics. I took the courses of Nobel Prize winner James Edward Mead.
However, it is useless. Systematic economics is useless in reality. Soros has finally lost the money he earned from working in the stock market.
After several tossings in Europe and spent ten years, Soros had to leave Europe and go to the United States.
Perhaps it was due to accumulation or luck. Based on physical theory, the Quantum Fund jointly established by Soros and Rogers shorted the U.S. dollar and made huge profits in 1980 and finally gained fame.
Europe!
As the top manager of the Quantum Fund, how did Soros not pay attention to Europe? He let Americans see how to use the financial market to make money in the European market before successfully entering Wall Street.
"Stanley. Tell me what you think."
"The disintegration of the Soviet Union gave Europe an opportunity for currency unification. But I think neither Wall Street nor the Federal Reserve wants to see this result. Moreover, the exchange rate system of the European donors has a big loophole, I think as long as we Leverage one of the links, then this loophole in the European monetary system will be infinitely magnified. This will be our chance."
Holding the phone, Drucken Maitreya spoke slowly, considering his tone.
But the tone is somewhat uncertain.
Because in his vision, the opportunity for arbitrage has not yet appeared. In fact, he does not know when it will happen. Soros needs to make a decision.
After staying in Europe for ten years, Soros knew very well about Europe and immediately understood what Drucken Maitreya meant. But he didn't want to say anything. Drucken Maitreya is his most promising manager. To grow, he needs more experience.
"Stanley, you are an expert on the German market. What do you think of the future economic trends in Germany?
"The merger of the two Germanys has expanded Germany’s political landscape, bringing development opportunities for Germany’s economy, but it has also brought about huge fiscal deficits. If you want to avoid inflation, the Bundesbank has only one choice, to increase the discount rate. Interest rates control inflation and avoid political and economic conflicts in newly merged Germany."
"so what?"
This is a test question.
Drucken Miller knows this very well, because Soros has always been a teacher and friend with him.
After conceiving a comprehensive idea, Drucken Maitreya organized the language again.
"The UK and Italian economies continue to be in a downturn. If Germany continues to raise interest rates despite them, then the British pound and the lira will bear a lot of pressure. Secondly, the Nordic market is greatly injured in the Norwegian economic crisis. If Finland falls, it will become An excellent entry point."
Holding the phone, George Soros's old face showed relief.
"But the British authorities are likely to reject higher interest rates and allow the pound to depreciate. On the other hand, it is almost impossible for the pound to appreciate against the Deutsche mark; in the case of the British economy, the central bank of the United Kingdom will not raise interest rates more than necessary. Amplitude."
"This will be our opportunity! It is also an opportunity for the United States."
"..."
Kiev.
hote dew kraine.
Anran Kardashian's delicate and white face was fascinating, and her whole body was soft and unable to lift any strength. Looking at Shen Jiannan, who was still vigorous, her misty sapphire blue eyes couldn't help but look resentful.
"Boss~EbookFREE.me~You are such a bastard."
Shen Jiannan didn't mind being scolded as a bastard. He was naturally triumphant when he killed Kardashian for the first time. Based on the situation in Ukraine, if the plan is successful, Enron Kardashian is not impossible to become the future head of Ukraine.
Twenty million can destroy two thousand nuclear bombs. There is nothing that the biggest prodigal country cannot do.
Reaching out and wiping the water stains spreading on Kardashian's face, Shen Jiannan's eyes once again showed a burning flame.
Teach a future female president.
Oh my God!
Enron Kardashian suddenly changed her color.
"Oh... Boss, I will die."
"..."
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