Chapter 87: Gold everywhere(1/2)
Abel quickly read the front page headline of the Wall Street Journal.
The content it reported was mainly from an event held by Bloomberg yesterday.
Dalio, the founder of Bridgewater Associates, the world's largest hedge fund, talked about his long history of visiting and working in Asia, as well as his first visit to China in 1984.
Dalio said when asked about his investment plans:
“The Chinese market is a part of the world market that cannot be ignored, not only because of the huge opportunities it provides, but also because if you don’t participate in it, you will lose your passion.
So our goal is to do that both economically and in investment terms."
The article said that this is not the first time that Dalio has expressed his favor for the Chinese market.
In late July this year, Dalio described the fluctuations in the Chinese market as "just a small swing."
The entire article basically explains the views of Dalio and other financial giants on this.
A simple summary is that these financial giants are very optimistic about the Chinese market.
But at the same time, they are also criticizing the closure of the Chinese market.
After reading it, Abel shook his head slightly.
His feelings towards China can be said to be very complicated.
First of all, the main body of his soul is a Chinese youth.
The growth and education of this soul are all spent in that red country.
It happened that time travel happened when I was in my prime.
He is now a Texas Dixie.
A Wall Street capitalist.
Money and capital have corrupted him.
It was different from the beginning, when he really wanted to go back there to develop.
But later, reason told him that this was unrealistic.
Later, he came to Wall Street.
He is financially free and has experienced the happiness of rich people.
I never wanted to go back.
Gradually, except for some habits and habits that penetrate deep into the soul.
He no longer regards himself as a Chinese.
After all, no matter his appearance or his position, it is impossible for him to stand there again.
To put it crudely, it means that the position of his buttocks has changed.
Naturally, the direction of the buttocks is also different.
But...China is still a good place for him.
The report I saw by chance today reminded him of something.
That's what's next, the dragon will take off.
Thinking like this, he touched the mobile phone on the bedside table next to him.
He made a phone call to David.
The call was quickly connected, and David's voice rang: "Hello?"
Abel got straight to the point and said directly:
"David, do you have any connections in China?
Or do you know the people there? In short, it means something similar."
Upon hearing his direct and abrupt words, there was an obvious pause on David's part.
Then he said, "Well, did you see the headline in today's Wall Street Journal?
Listen to me, it's a really good market.
But it is actually not suitable for us. It is a country with financial controls.
Before the controls are lifted, we won't be able to breathe inside.
Dalio and others joined together to brag about it, and most likely they just wanted to coax it to let go of this control.
But it's difficult and may take a long time.
Or it might not be possible at all.”
What David Mellon said makes sense.
Abel actually knew it himself.
After entering the 1990s.
Financial oligarchs in the European and American world have always wanted that country to liberalize financial controls.
Because only when controls are relaxed can sharks like them go in to hunt.
So you can see,
The boasting and pursuit of the Chinese market by these financial oligarchs basically started in the 1990s.
What if the managers of that country listened to the boasts of these oligarchs?
If they liberalize financial controls like those Southeast Asian countries or small countries like that.
It is estimated that within a few years, it will be completely plundered by Wall Street after it has taken twenty years to accumulate wealth.
David Mellon is a Wall Street elite.
His family background can be regarded as a part of this country's "deep state".
Of course David could see the truth clearly.
As a time traveler, Abel talked with David about this matter.
I also understand that these oligarchs have bad intentions in pursuing that country.
But Abel knew that he was different from these guys who only wanted to make hot money, quick money, and plunder.
He said: "David, I know your good intentions.
But I have my own plans, just answer my last question."
"Okay." David paused there before speaking again:
"Currently, there is no such thing. If there is, it is from Goldman Sachs, so the credibility is not high."
“However, if you really want to invest in that country.
We can train good people here and then send them there."
"This is a good idea." In fact, Abel thought so too, but he was too lazy to do it himself.
He planned to leave this matter to David and let David set up China Smith Capital.
"You need to find people like this who can be trained as soon as possible, preferably Chinese, with nationality from their country.
They are different from us there, they have been bullied, so they value this very much," Abel said.
"I understand." David said, "We can find an international student majoring in finance at Stanford or a similar school.
If he passes the inspection, he can be our agent."
"Then do it. Let me know after it's established over there." Abel paused here and continued to add:
"Besides, I hope it will happen as soon as possible. Investment opportunities wait for no one."
Now in 2000.
For people like him who are not short of funds, the Internet industry in China can be said to be full of gold.
Penguin, Wangyi, Xinglang, Sohu... and even Laoma.
We just experienced the collapse of Nasdaq, and the Internet over there is also in a mess.
At this time, it is a very suitable opportunity to enter the market.
If you throw 1 billion over there now, you will probably earn hundreds of billions in ten years.
Unlike those oligarchs with bad intentions.
He knew the determination of the upper management there, so he only planned to invest and not participate in the holding or management.
He just wants to make money there, and ideology has nothing to do with him.
This can be regarded as the final contribution of his soul body to that side.
"Okay." David muttered, "You want to do everything fast.
But many times, you can’t get up as quickly as you want.”
To be continued...