Throughout the first month of the new year, in an environment where many star funds halved one after another, Tiansheng Value Development's mixed performance left other similar funds confused.
Only when the market declines will real strength be shown, and those with weak strength will immediately appear.
The brilliant results also sparked jealousy and resentment among colleagues. Everyone hurriedly buckled down, but you, Luc Minh, couldn't fit in with the group and didn't have any emotional intelligence at all.
But Luc Minh doesn't care about being jealous or even isolated by his friends, nor does he want to play with them at all. The strong are always alone.
Luc Minh can distinguish between primary and secondary conflicts. Being isolated and jealous of peers is certainly not the main conflict, not even a secondary conflict.
Tiansheng Capital's LPs are very large funds such as social security funds, university endowments, family foundations and large trust organizations. It is a true key partner and long-term strategic partner. Then through public funds to attract ordinary individual investors.
What Lu Ming needs to do is follow Buffett's model, moving from myth to belief, winning over a group of passionate followers through continuously creating mythical achievements. This name has become the most difficult investment logic in the eyes of investors.
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Also on the evening of January 4, right after the market closed today, Lu Ming explained the company's affairs to To Tieu Man, then led a selected group of key people to the south of the company, where Soros don't come back. Pearl of the Orient - Tuong Giang!
I checked into the local Ritz-Carlton hotel around 7:45 p.m. that day.
Qi Wei arrived in Xiangjiang two weeks ago. Thien Thanh Do already has an office in this city, and was there three months ago, but Luc Minh did not go there and told Te Vi to prepare to go to Tuong Giang. An independent place, that is, the commander secretly carried out this money war at the Ritz-Carlton hotel.
This time the sales team brought people directly into the hotel, the same floor was packed, most of the rooms were empty, of course to avoid idle people waiting to enter and exit. Except for a few key figures, outsiders did not know that Luc Minh had come to Tuong Giang. Specific activities take place in a dedicated meeting room. Qi Wei completed the arrangements in the past few days.
At this time, Luc Minh was sitting in the hotel living room, focusing on his laptop, paying attention to the current foreign exchange market.
An Nhat Nhu walked into the room he was in, saw Luc Minh in the living room, she went to him: "The hotel's temporary transaction room has been arranged. The final test was done today and everything is correct."
Luc Minh said "um" without raising his head.
While looking at the laptop screen, a white hand suddenly closed, pushing the laptop aside.
Luc Minh smiled for a moment and then said: "We can only see later."
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January 5th.
Luc Minh stood up to have a snack, then left the living room where he lived and went to the trading floor on the same floor of the hotel. The sales team brought this time, including Qi Wei, has a total of 16 people. They signed a strict non-disclosure agreement before following BOSS south to Xiangjiang. During this time, all information will not be released to the public for the next 5 years. However, Luc Minh did not explain it to them in too much detail.
The team members knew very little and just felt that BOSS must have a big vote in the financial market when he came to Hong Kong this time. When Luc Minh entered the trading floor, the team members were already present, and the temporary desk in the hall was filled with computer equipment. When Te Vi saw the boss coming in, he closed the door and said: "Mr. Luc, the equipment is ready." It's done and the account is ready to trade at any time.
Luc Minh nodded.
Currently, trading hours in the domestic RMB market are from 9:30 a.m. to 11:30 p.m., while in the offshore RMB market, each working day has nearly 24 hours of uninterrupted trading. segment, or T 0.
The so-called domestic market is the continent's internal market, while the foreign market is the market outside the continent's domestic market. The main difference between offshore and domestic is that offshore is subject to tighter controls, while offshore is more closely linked to international financial markets. tighter but also more vulnerable to fluctuations in international financial markets.
Therefore, exchange rate speculation activities in foreign markets are much richer than in the domestic market and the Central Bank intervenes less, so transactions in the market take place more continuously, with unlimited fluctuations.
The offshore market offers various financial derivative products such as swaps, spots, forwards, options, etc., which have relatively high leverage. After the so-called improvement, they can continue to be combined into different combinations. Increasing leverage, thereby amplifying profits, is equally risky.
Luc Minh looked at the members in the hall and said: "Before starting the transaction, you should be aware of one problem. I don't trade quantitatively, I don't hedge, I only trade one way. ".
Arrogant words.
Lu Ming said solemnly: "At the same time, the level of danger in the foreign exchange market cannot be compared with capital A. This is truly a place where demons dance. The market we are about to enter is a market filled with leading players such as hedge funds," Luc Minh said. The immediate spot is Wall's most important gang street."
The dozen or so merchants present were all young people, no more than thirty, they all looked at the boss and listened without saying a word.
Luc Minh added: "Of course, what I want to express is to pay attention to your opponents, but don't be afraid of them. If you're in a hurry, you're still a master of high-level pursuit at the bottom, and this is no different from Big A's leeks. Leek is 10,000 times more decisive, the next match will be compared to the opponent where they play away and we have Yard advantage.
This comment made the group members smile in understanding, Luc Minh continued: "This time we went south and brought with us ammunition worth more than 300 billion, equivalent to 50 billion US dollars, and they are all considered top players on Wall Street."
BOSS doesn't have too many fancy words for decoration. It can be said that this is a very simple speech before the market, but every person who hears it will have a surge of emotions.
In everyone's mind, Wall Street's status in the financial world is self-evident and can be considered the ultimate authority.
But that's exactly what BOSS does!
Luc Minh didn't say much, directly ordered the transaction: "Immediately start buying at the bottom and do your best to buy Yuan. Our best trading time is only the last four trading days of this week." , 50 billion US dollars. dollars, today, tomorrow and the day after tomorrow, each of us will earn another 10 billion US dollars, and the day after tomorrow, that is May 8, the last 20 billion US dollars will be filled. You heard right, it's a simple and unpretentious operation.
Trading in the foreign exchange market is T 0, which can theoretically be traded an infinite number of times, but then the offshore Yuan will cause rapid devaluation when international hot money sells it along together. Today, costs are distributed equitably to amplify benefits. This time, it is quite easy to go after international short sellers. It's more about being their competitor.
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Time can slow down a day or advance a day ~ www.mtlnovel.com ~ These Six Mings don't care, after all, international hot money has joined forces, their arrow must be pulled on the string.
The team members present in the hall started negotiating after receiving orders from the boss. They were also very happy. Boss is still as strong as ever. The $50 billion does not include any risk and that is the direct risk of buying. Exponential explosion.
BOSS is still the familiar BOSS, Stud monster as always!
It was truly a shuttle ride, arriving at the Nenmo clubhouse and losing the rhythm of going to the beach to work. Over the past year, especially in the supermarket market and last year's flash crash, these traders have been fully trained by Luc Minh, and the trading volume of hundreds of millions will not make them crazy. From the first hundred million transaction, one hand was shaking, but now it's unusually calm.
Lu Ming really didn't explain to them what the logic of the unilateral desire was in the context of the current overseas yuan crisis.
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