The subordinate is reporting the situation to George.
"Boss, the bulls should have been tentatively attacking just now, but the bears still had the absolute advantage, and the price dropped by 1 point"
George frowned:
"What's going on with Hongsheng?"
"They are still shorting, and the proportion of positions is relatively high"
"40 billion without reservation?"
"The reserve fund of 4 billion has not been touched."
George still felt a little uneasy in his heart.
He knew very well that Old Man Miller always wanted to retaliate against him.
So he needs to be careful.
"The order goes ahead and the proportion of positions is reduced. Part of the funds to close the positions will be transferred to reserve funds, and the other part will continue to be used for hedging"
John doesn¡¯t understand a little:
¡°George, the bears still have the advantage, are you too cautious?¡±
"The families that control international oil companies are entrenched in the Americas and Asia. If they take action, it will definitely be against medium oil and Dubai oil. We choose Brent oil just to avoid them, but now someone is trying to raise oil prices. We have to be careful."
"You said that oil prices will inevitably rise. It's just a matter of time. Could it be that people who have the same views as you want to test in advance, but now find that the time is not right, they retreat"
George nodded:
"Your guess is possible, but if the families that control international oil companies are testing the waters, they may have back-up plans, so it's safe to say it's safe."
"Then why not just end this investment? We have made a lot of money anyway."
"not enough!"
George not only wants to make money, but also makes a lot of money.
Because he is greedy.
Even though he knew that short selling was risky, he still chose to take the risk.
Because he is greedy.
Although he is greedy, he is very cautious.
During the investment process, continue to use hedging to reduce risks.
Greedy, adventurous, cautious.
It seems very contradictory,
But, this is George¡¯s true character.
His success lies in risk-taking and greed
But his failure was due to caution.
"Miranda incident, if he can let go and do it,
The funds of Yunzi Fund will exceed those of Han and Tang Dynasties.
The Battle of Hong Kong Island,
¡°If he had let go in the early stage, he would have escaped unscathed long ago.
But he didn't succeed.
Because his caution limits his risk-taking, his greed suppresses caution,
To put it simply, it is neither fish nor fowl
¡¡
"Teacher, George has lowered the position ratio"
"I know, the Han and Tang Dynasties spent 6.1 billion, which probably scared him."
If Yi Xiaohai heard what Miller said, he would be shocked.
Because he accurately told the amount of funds used in the Han and Tang Dynasties' exploratory attacks.
"Then shall we continue as planned?"
"It seems that Han and Tang insisted on doing too much. It is impossible to teach Yi Xiaohai a lesson this time. Then we can only use George to operate"
Miller immediately made a decision:
"When the Han and Tang Dynasties test it next time, you can help them, but don't use Hongsheng's funds, use our own funds"
At this time, old Miller can give up his grudge with Yi Xiaohai and help Han and Tang Dynasties attack George.
Financial markets, especially the crude oil futures market,
Only when both parties have different opinions can a confrontation be possible.
Now the Han and Tang Dynasties are long,
Miller is not bullish on short selling,
Therefore, if Miller wanted to deal with the Han and Tang Dynasties, he had no chance.
Being able to truly put interests first, and be able to make calm judgments and make decisions,
Miller is definitely a heroic figure.
If it were Yi Xiaohai, he would definitely not help. At most, he would just make a fortune and run away.
The teacher¡¯s decision surprised James:
"Teacher, what do you think of the Han and Tang Dynasties?"
"I'm not optimistic about the Han and Tang Dynasties, but I am optimistic about the rise in oil prices"
Miller squinted his eyes and looked in front of himself:
?¡°International oil companies will take action sooner or later, there is nothing wrong with making arrangements early!¡±
Miller¡¯s character is domineering, but has no ambition.
¡°If Hongsheng¡¯s senior management could absolutely trust him, Miller would not choose to leave.
If you don¡¯t leave, Hongsheng will definitely be able to take off this time.
But there are not so many ifs.
"Teacher, George has lowered the position ratio. If we help Han and Tang Dynasties push it, they may be more careful"
"You're right to be careful, but he is greedy at heart"
Miller is very sophisticated and has clearly seen the true nature of George.
¡°George found something was wrong and still maintained a shareholding ratio of more than half of the position, which proves that he wanted to make money. I guess he must have used part of the funds from closing the position to do hedging in an attempt to reduce the risk¡±
It really fulfills the old saying,
Older gingers are more spicy,
Miller knows George better than George himself.
"The Three Musketeers of Yunzi Fund back then, John had a false reputation, and George was almost unmatched in terms of financial understanding. That's why Yunzi Fund became famous. However, his character had a fatal flaw. He was obviously a risk-taker. He is a human being, but he is always cautious because he cannot grasp the timing of attack and defense. This is his fatal flaw"
Miller said so much to James on the phone not to criticize George.
But to teach and remind James.
"In the financial market, if you want to stay in the financial market for a long time, the most important thing is to grasp the scale. You can't do this well because you are too conservative"
"In fact, the so-called financial market is gambling. Retail investors and bankers, short-sellers and long-sellers compete with each other. When should they attack, when should they defend, and when should they withdraw? It's all very subtle. You have learned to defend, but you don't know how to do it. attack¡¡"
"To sum up, you lack the overall view and your personality is too soft. In this regard, you and your senior brother are two complete opposites. Why do I like him? Because he is rough and fine, but you are guarding the middle." No attack"
The financial market is no different from a battlefield.
If you can only defend, you will never kill others.
Therefore, you must be able to attack,
The offensive and defensive balance that James currently lacks is actually a poor view of the overall situation.
"Teacher, what should I do?"
James himself also knows his shortcomings, but they are determined by his personality and are difficult to change.
¡°When you have time, take a look at David¡¯s investment cases¡±
"That David from Yunzi Fund?"
"Yes, the Three Musketeers of Yunzi Fund, George attacks, and David defends. In fact, this statement is not comprehensive. David's personality is very similar to yours, but he is very accurate in grasping the timing. When to attack, he will never Hesitant, so what really scares me about Yunzi is David"
¡°¡but he left¡¡±
"If David was still with Yunzi, it would be impossible for me to find George to cooperate, because that would undoubtedly give Yunzi an opportunity to grow"
" David also had your shortcomings in the early days, but he changed them through actual combat, so you can study more of his cases, and then invest more on your own. Don't be conservative. The teacher is older and can only teach you two more years. Years, these two years, don¡¯t be afraid of losses, you can even be a little more impulsive, so that you can know how to grasp the scale, do you understand?¡±