"Mr. Ma, it has fallen below 2000 points, we are clearing the short selling contracts";

"If you see it, don't say anything and act as soon as possible."

Finally, on November 24, the second to last day of the delivery date of the November options contract, the market fell below the 2,000 point level that most experts and professors believed was impossible;

At this moment, the mood of the stock investors began to become desperate, and they began to cut their flesh and leave the market;

When an avalanche occurs, no snowflake is innocent.

Zhao Lei is a top student majoring in finance. When he just graduated, he worked in a large investment bank, and later became a fund manager. Now he has switched to private equity. He is relatively well-known in the private equity circle;

Because at the beginning of 2012, Zhao Lei had already judged that the domestic stock market was very pessimistic that year, so he used all the private equity funds to purchase low-risk government bonds or financial products with guaranteed principal and interest;

At the beginning, many people did not agree with Zhao Lei's views and operations, and instead slandered them. What's more, some customers even asked for forced redemption, even if they lost interest and handling fees, because they thought Zhao Lei was blocking them. Make a fortune.

However, one's judgment always needs time to be verified;

Sure enough, when other private equity or public equity funds' annual returns are calculated based on losses of -5% or -15%, Zhao Lei's private equity performance turned out to be 3.9%;

In the past, the annual income of 3.9% may have been at the bottom;

But this year, the bullish institutions in the financial market are almost completely wiped out, and none of them is profitable. At this time, looking at Zhao Lei's judgment at the beginning of the year and his operations this year, the part-time job is shocking.

As for the few large investors who forced Zhao Lei to launch private equity at the beginning of the year, they now regret it;

When I buy stocks myself, my losses are more than -25%, and the funds I buy also lose about -10%. Compared with Zhao Lei's 3.9% income, it is a slap in the face, but what can be done?

How determined I was to withdraw from Zhao Lei's private equity at the beginning, I regret it now.

Although Zhao Lei doesn't know whether the market will fall below 2,000 points, in fact, Zhao Lei hopes to fall below 2,000 points. In this case, he can completely buy the bottom to maximize profits;

Therefore, in the past two weeks, when the market has been fluctuating between 2000.5 and 2020 points, Zhao Lei has already started to buy the bottom;

Private equity generally has a relatively large volume, and it is impossible to complete a position in a short period of time, and position building is also a process. If you drop a little, you will add a little more;

Zhao Lei has already added 20% of the capital pool with a total amount of 100 million, which means he has purchased 20 million worth of stocks, with a floating loss of more than 250,000, a loss of about -1%, and he still has 80% of cash, and is preparing Buy the dip.

When the market fell below 2,000 points, Zhao Lei was not as desperate as others, but showed excitement;

In the past two weeks, the market has fluctuated sideways, and Zhao Lei has been very slow to add positions, which is also very boring for him;

If you want to make money in the stock market, you have to operate in a highly volatile environment, where the risks are high and the return on investment is also very impressive;

Therefore, after it fell below 2,000 points, not only Ma Yibo was adding positions, but Zhao Lei was also adding 20 million in one go to buy the stocks he liked.

Qian Youwei, just the opposite of Zhao Lei, saw full of despair.

Qian Youwei and Zhao Lei were not only college classmates, but also brothers in the same major and the same dormitory. They were also close buddies who had bunk beds. However, because of a woman, the two parted ways;

It's a very bloody plot, two people fall in love with a girl from the same college at the same time, and they have a gentleman's agreement, whoever pursues the other will let go;

The story usually starts out very well, but under the hot pursuit of the two, the girl cannot bear to be harassed and goes directly to study abroad, leaving the two confused;

Originally, the story ended here, but both parties felt that the other party had said something bad about the other party when pursuing the girl;

Men are very generous and stingy at the same time, especially emotionally, they are not necessarily more free and easy than women;

After Zhao Lei and Qian Youwei developed an inner connection, and after graduation, their relationship gradually became estranged, but the rivalry between the two did not stop;

When Zhao Lei predicted at the beginning of the year that the financial market would not be objective in 2012, Qian Youwei felt that 2012 would be a great opportunity. This judgment only exacerbated the contradiction between the two;

Qian Youwei's judgment also has his own theoretical basis. Since the subprime mortgage crisis affected the world in 2008, the stock market has also crashed. According to the experience of previous years;

In China, generally the bear is long and the bull is short, and there is a cycle of five years, that is, the bear will turn to the bull in five years;

The last time was in 2008. Five years later, that is, around 2013, there will be a bull market;

If the bull market really comes in 2013, then 2012 will be the year when the bull market begins.

Now, the results of both sides have come out. It is obvious that Zhao Lei has completely won, while Qian Youwei has completely lost;

Survival of the fittest, this has been the case since ancient times.

"Old Zhao, I just heard that Lao Qian left"?

Zhao Lei was really immersed in the pleasure of adding positions. Suddenly he received a call from a college classmate. They were all finance majors. They were in the same circle after they came out. They communicated a lot and got together from time to time. The love-hate relationship between Zhao Lei and Qian Youwei was revealed.

Hatred, everyone else knows it, but it’s hard to resolve;

They are all middle-aged people in their thirties and forties, and they all have their own cognitions and judgments. It is extremely difficult to change the other party's inherent thoughts. Especially since they are a group of elites, it is even more difficult to persuade them.

"Gone, where have you gone?";

Zhao Lei, who didn't react for a moment, said it smoothly;

After all, I was still thinking about whether to add more positions.

"I just received a notice that Lao Qian jumped directly from the overpass because his investment failed and he owed foreign debts, and was killed by a passing vehicle...";

The other party didn't finish speaking, but Zhao Lei could also understand the meaning;

Even if you are a middle-aged man approaching forty years old?

Even financial elites who think that after being whipped by the stock market, it is difficult to influence their mood;

At this time, both eyes were also red;

He and Qian Youwei met in college and have known each other since they were 22 years old. It has been nearly 20 years now. Even though they are estranged now, the original friendship is still in their hearts;

Scenes related to Qian Youwei all appeared in Zhao Lei's mind. However, the person just left, quietly.

Regarding Qian Youwei's death, apart from the reports in the news, strangers were not too sad. After all, people leave this world every day for various reasons;

But the saddest thing is my own family.

"Lao Huang, add another 10 million positions";

To the second-in-command next to him, Zhao Lei said shakily, put on his windbreaker, and bought a pack of Huazi;

In a deserted corner, I smoked a cigarette that I had quit for more than ten years;

The smoke exhaled from the mouth is like the strange shapes of life;

Time is also destiny!

Ma Yibo doesn't care about the disturbances from the outside world, and he can't relate to them. If he can do his own thing well, it's already very good;

When the market fell below 2,000 points, Ma Yibo was on the phone with Liu Wei, directly ordering Wang Xiaohua and Chang Cheng to clear all short-selling contracts, and at the same time hung up the phone;

This moment is the most critical moment for Ma Yibo. Every minute, it is not an exaggeration to say that it costs hundreds of thousands.

At this time, Chang Cheng kept moving his hands, but his admiration for Ma Yibo in his heart was unparalleled;

Although during this period of time, the three of them were basically staring at each other in the big room, especially him and Wang Xiaohua. With Ma Yibo present, they didn't dare to really fish, so they could only endure boredom.

, go to see various financial news;

No matter how boring it is, the complaints about Ma Yibo are profound.

When Wang Xiaohua fell below 2,000 points, he took a look at the amount of his account and saw that it was 3.2252 million. You must know that when Ma Yibo first needed a big house, the account funds were 2.784 million. During this period, Ma Yibo

The money in the capital account basically fluctuates back and forth between 2.7 million and 2.8 million;

Many times, Wang Xiaohua wanted to persuade Ma Yibo to cut profits quickly. The market is now at a low point and may be pulled up at any time. In that case, not to mention taking profits, it may become a stop loss at that time;

But when I saw Ma Yibo calling from time to time, talking about selling vegetables, I didn’t quite understand, but in the end I still didn’t have the courage to persuade;

As a lesson learned from the past, I have tried to persuade him many times before, but to no avail. Wang Xiaohua doesn’t think that if I try to persuade him again, there will be no results;

The other party rented this large room, obviously because they wanted to continue playing, and now they have stopped profiting, so why are they still renting the large room, and why do they still need to operate?

The lower the market falls, the higher the short-selling contract will rise;

This is why Ma Yibo specially found two traders. Falling below 2,000 points is almost a process of inserting a pin, and the maintenance time is very short. It is difficult for one person to clear all positions in a short time;

If there is a dedicated person in charge, they will sell the food in batches at high prices when prices rise. Not only can the efficiency be increased, but the profits can also be maximized;

At the same time, he has to re-purchase long options. Without the help of others, Ma Yibo will be too busy. If he is too busy, the corresponding loss will be a loss of profits.

Wang Xiaohua and Chang Cheng were both responsible for selling short-selling contracts;

As for Ma Yibo, his goal is obvious, which is to directly buy long option contracts. After Wang Xiaohua and Chang Cheng Naifan have funds after selling, Ma Yibo can directly buy them, achieving seamless connection;

You must know that when the stock market fluctuates greatly, especially in this moment of despair, the trading volume will increase geometrically, and the turnover rate will also increase significantly;

In the stock market, the flow of funds is a process of wealth transfer;

When it falls below 2,000 points, some people feel despair and cut off the market.

But some people see hope and start to add more positions;

It is in this process that wealth is transferred;
Chapter completed!