readytorunbook Chapter 58 The Jewish Financial Group: We've Got It
Chapter 58 The Jewish Financial Group: We've Got It
Jiang Feng logged into the US stock futures software.
Choose international crude oil futures —
20% margin (5x leverage)
1300000000.00$
Short-selling
Transaction successful!
OK
$13 billion, leveraged 5 times, is equivalent to borrowing $65 billion in crude oil futures from investment institutions, selling them first, and then buying them back to repay the loan at the appropriate time.
This is short selling.
Trading using stocks (or futures).
Sell it first. If the price drops, buy it back at a lower price and return it, and you'll make a profit. If the price goes up, you'll have to buy it back at a higher price and return it, and you'll lose money!
Leveraged trading carries extremely high risks.
Five times leverage.
A 20% increase could lead to a margin call if you short sell.
A 20% drop would wipe out any long positions.
Short selling differs slightly from going long: theoretically, the potential upside potential of going long is unlimited, because stocks/futures can potentially rise to any price.
Take Tesla for example, its stock price surged thirtyfold!
In total, it increased four hundred times!
Increased by a hundredfold
Increase a thousandfold
Going long is entirely possible!
However, short selling is generally impossible; once a stock falls to zero, it has reached its bottom. Therefore, the maximum profit from short selling is only one time (one time for all leveraged funds).
Stocks don't have negative prices, right?
At worst, you can return it for free.
They just take all the principal plus leverage and make a profit!
"Futures can have negative prices, but surely no one would buy in at the contract rollover time, right?"
"How stupid would that be?"
"Negative prices don't usually occur."
Jiang Feng muttered something casually, placing short orders one after another. Completing the $65 billion short selling order would take a little time in the US stock market.
Minimum trading price: $59/barrel
The highest trading price was $61 per barrel.
Average transaction price: $60 per barrel
Get it!
The system says the minimum price is $20 per barrel. Of course, it's impossible to close the position at the lowest price. The position should be closed at $23 per barrel. Buying back the short contracts will also take time.
60 to 23
A 60% drop? Five times leverage.
It can probably generate a profit of about three times!
13x3 = 39
Nearly four billion US dollars in profit!
If you're lucky, the price might still be falling when you close your position, and you could potentially earn four billion US dollars. Plus, the exchange rate might have appreciated, so you could earn even more if you converted it to RMB.
Hey Hey
(￣?￣)
Jiang Feng sent the screenshot to Abram:
[Screenshot of short selling transaction - JPG]
[Hi, Mr. Abram, Mr. Omar, I have heeded your advice and shorted crude oil futures!]
Thank you so much!
[^_^]
I saw the transaction screenshot sent by Jiang Feng.
Abram and Omar laughed heartily:
"This guy's been infected!"
"As expected, leveraged trading was used—"
"Five times leverage?"
"Hahahaha~"
"I guarantee he's completely finished!"
"We won."
"Hahahaha~"
Crude oil futures are rising sharply and surging forward. This guy is actually using leverage to short sell. Is he really not afraid of dying?
It was originally just a casual move, but I never expected it to succeed so easily! I can't believe it!
You're too naive!
Still too young!
"Old man, pop the champagne and celebrate that we've successfully acquired a multi-billion dollar Tesla stock."
"OK, no problem. These stocks have risen quite a bit since the Tesla shareholder meeting, so we should celebrate!"
The two Jewish capitalists were in high spirits.
Pop champagne and celebrate.
They probably don't realize that opening champagne at halftime usually doesn't end well and can easily backfire.
(→_→)
At the farm and wine cellar, Jiang Feng and Gaimor were discussing the label design for the wine bottles. If it were an ordinary company, they would definitely hire a design firm to handle it.
But wineries certainly wouldn't!
You must design it yourself, incorporating your own culture, or rather, immersing your soul in the winery's culture.
Do you understand? In plain terms:
They're just bored and have nothing better to do!
Everyone argued endlessly, expressing their own opinions, but in the end Jiang Feng still forcefully made the decision, deciding that it was up to him.
The label has the winery's full name printed on it.
Good-Luck-Cellars
Simple line drawing of an ancient fort in central India!
And it is labeled as a wine series—
For example: Lucky-Goddess
(Lucky Goddess) + Signature
Xu Lin, Xu Jiao, Su Meng
The bottom of the label is printed in small font:
[How many years until the winery reaches its centennial anniversary?]
For example, this year's label reads: "100 years until the winery reaches its centennial," and this sentence is printed in Chinese.
Foreigners can't understand it!
It's definitely impressive but I don't really understand it.
(→_→)
In the nearest community to the farm, the town of Leggett, Baker, a new employee, is having a farewell drink with his best friend Lambert.
A few days ago, Baker accepted Geimer's invitation to become a new employee at Lucky Farm; but Lambert refused, as he did not want to work for a foreigner.
It's not really about racial discrimination.
In the eyes of Western cowboys, the boss is not only a superior, but also has the feeling of a leader, just like a crew member and a captain.
Yes, sir.
This slogan says it all!
Lambert, nicknamed Rambo, is a well-known tough guy, just like Rambo in First Blood. Although he doesn't talk much, he has extremely strong execution skills and is definitely a good cowboy, a good fisherman, and a good bodyguard.
Having served in the Navy SEALs, his combat prowess goes without saying; he's an absolute ace among aces!
Unfortunately, he was unwilling to work for Jiang Feng. He was already preparing to leave for Texas to find a place to make his way in the world.
"Rambo, are you really leaving?"
"Ah~"
"Actually, I think the new boss is pretty good. He's like a good friend to us, and he has a lot of personal charm!"
"He's also incredibly lucky, you've heard? King salmon have actually migrated back to spawn on our farm."
"Holy shit!"
"This is simply a miracle. Fisheries experts say it's unprecedented, extremely rare, and of immense value."
"And the boss is extremely rich!"
"He's very familiar with Musk!"
Do you know how good our treatment is?
"A monthly salary of eight thousand US dollars!"
"There are also various bonuses."
"There are also social security benefits."
"Rambo, I advise you to stay!"
"This new boss is really great!"
Lambert was also slightly moved. He was very satisfied with such good treatment, but he didn't want to work for foreigners.
"I didn't say he was bad."
"I just didn't want to be a cowboy for foreigners. Since I didn't have a good future in my hometown, I decided to go out and try my luck."
"Don't worry, Baker, I'll be back."
"Take care of yourself!"
He got up and left with a determined expression, feeling like he had the aura of a tough guy, and was incredibly cool.
But Baker shook his head, as if he wanted to say something but then stopped himself.
He felt that his good brother would definitely regret it sooner or later!
ah~
If you can't see the situation clearly, what are you even trying to do?
Jiang Feng and his friends spent ten days playing on the farm. Su Meng, Xu Jiao, and Xu Lin also skipped classes and took eleven days off. If they didn't go back to school soon, they might be expelled from university.
╮(╯_╰)╭
With the wine project completed and farm construction underway, Jiang Feng and his team visited the Falcon Rocket Factory at the invitation of the authorities. Afterward, they bid farewell to Lao Ma and prepared to book their tickets to return home.
But Musk very generously stated:
"Customs inspection for passenger planes is too troublesome."
"Take my private jet back!"
"Remember to come and visit often."
I will miss you all!
.