Chereads / I Become A Noble in England / Chapter 76 - Chapter 76: A Great Victory

Chapter 76 - Chapter 76: A Great Victory

So throughout the month of August, Baron's main focus, in addition to the promotion of the game "Werewolf", was placed on setting up a program production company.

During this period, Bonnie has resigned from Sky TV and joined Summit Media as the company's planning director, responsible for the early preparations for the upcoming reality show "Traitor".

Summit Media was formed on the basis of a small creative studio acquired by Barron - Summit Studio. Originally, this studio took on some subcontracting work from those large independent production companies. After Bonnie's investigation, she found that the reputation of this studio was still very good, so Barron directly acquired it.

The original head of the studio, Fergal Hayden, who has relatively rich work experience, has temporarily become the manager of Summit Media.

It can be said that Summit Media has been very busy during this period of time, because there are many things to do just in the early stages of preparation for the variety show "Traitor".

The location for filming the show has been confirmed to be Chatsworth House, and in the early stages, high-definition cameras have been installed in the rooms in the house that will be used for filming. If you have watched the show "Big Brother", you will remember the ubiquitous cameras in the villa, and the shots of the contestants in the house will need to be captured through these high-definition cameras.

After all, if a cameraman is following the contestants, in such a confined space, it would be a big test for the contestants' positioning and their ability to ignore the camera. Since amateurs are chosen as guests of the show, this point cannot be ignored.

Moreover, by choosing Chatsworth House, if the program is popular, the house can be featured on TV, and Chatsworth can also earn a certain amount of rent.

Yes, even though it all belongs to Barron, Summit Media still needs to pay rent for using Chatsworth House for filming.

Even Barron himself, who lives in Chatsworth House, pays rent to the trust fund where the house is located - because the trust fund itself is tax-exempt in many aspects, and this is essentially a process of "pouring money from the left hand to the right hand", which can exempt many taxes.

Compared with the selection of guests for the show "The Traitor", it can be said that installing cameras in Chatsworth House and doing some minor tidying up and repairs are relatively simple.

No matter how creative a variety show is, it is always the guests who participate in it that can determine the final effect.

"Traitor" is a "brain-burning" program that requires acting skills as well as keen observation and reasoning, so the selection of guests is even more important.

Soon after Barron and his team returned to London, a recruitment notice was published in The Independent:

"Whether you want to win a huge prize of £250,000 or prove your own strength, this reality show is your best choice!

We need to have keen observation skills, or superb acting skills, and the ability to see through people's hearts!

Maybe you are in the crowd right now, but you have extraordinary abilities. That's right, it's you. Contact us and let everyone see your extraordinaryness!

..."

Recruitment notices like this one were not only published in The Independent, but also through the Internet. Summit Media can be said to have brought news of this program to the public's attention - this can be regarded as a warm-up for the upcoming reality show.

After the news was released, they received responses from all over the UK, and a large number of people contacted them by phone, email, etc. to sign up.

What Bonnie and her team need to do is to select the 22 finalists who will participate in the show from these massive applications.

These contestants include former police officers, actors, psychologists, lawyers, and former intelligence agency workers...anyone who possesses the qualities they need.

Their selection requires not only that these people have certain abilities, but also that they have strong psychological qualities, especially those who are willing to become "traitors"!

Many times, there is a huge gap between your own imagination and your actual performance when you face that situation - being secretly scrutinized and investigated by everyone around you.

Therefore, their goal in the layers of screening is to find out the people who are truly suitable for this show.

It is now the end of August, and nearly a month has passed. The price of London copper has fallen below 1,000 pounds. In other words, this short-selling investment in London copper is finally coming to an end.

In accordance with Barron's request, the securities investment department that Daisy is in charge of has bought and closed its positions since the London copper price fell below 1,000 pounds.

In the end, DS Capital completed the final closing at an average purchase price of 997.5 pounds.

In this operation, they invested a total of 33 million pounds with a margin ratio of 5%, and finally made a profit of about 220 million pounds.

It can be said that this ratio is very scary, but such a large drop in London copper is also extremely rare...

As for capital gains tax, that is something that needs to be considered in April next year. During this period, Barron can still make good use of the existing funds - and make some arrangements for "tax optimization."

As for the original investment of 33 million pounds, Barron did not immediately repay the bank loan, but instead invested it again in London copper.

Because he knows that London copper will not last long below 1,000 pounds, as the global economy recovers and demand begins to boom - especially starting from September this year, the United States will continue to put pressure on Iraq, and under the shadow of war, the price of raw materials will also accelerate.

Therefore, he invested the funds again in London copper futures, but this time he went long.

In terms of margin ratio, he used a more conservative 8% margin to prevent his previous operations from affecting the market.

Of course, basically he was a little too cautious. After all, with the trading volume of London copper, his previous short orders could be said to be like dropping a drop of ink in a fish tank. It had some impact, but it was really hard to see.

However, even with these memories of his previous life, Barron still remembers to be cautious when making some financial investments. After all, it is better to be safe than sorry.

It can be said that this short selling of London copper also had a huge impact on Daisy.

In financial investment, choosing the right direction is not a difficult thing. There are many such examples among those traders with a little experience.

But it is very difficult to make the right choice every time. It can be said that those who can do this are all so-called "legendary traders."

Of course, Barron is still far from being a "legend", but it is already surprising that he can make the right choice twice in a row.

Especially when Daisy later reviewed his short selling of AirGate stock, she found that no matter the timing of Barron's decision to open a short position, the amount of funds and leverage used, and even the timing of the final closing of the position, they were all very accurate. Therefore, she still admired Barron's vision very much.

At first, Barron told her that he was a genius, but Daisy didn't take it seriously.

Even the success of her first short sale of AirGate stock only slightly changed her opinion of him.

People are always like this. An occasional success may be due to strength or luck.

But most people tend to regard luck as their strength.

Such people will often lose badly in the end, because success using the wrong method is more terrible than failure using the right method - once you succeed once, it is easy to develop path dependence on your own methods, and ultimately continue to increase your bets, which will only lead to failure in the end.

Daisy also doubted Barron in the beginning.

But this time it was still a success, and DS Capital's performance in London Copper was too dazzling. Therefore, Daisy's view of Barron has changed greatly - perhaps her boss really has an extraordinary keen sense of investment and may really be a genius.

But that's only the extent of possibility, at least for now.