Chapter 580 A Simple Day
They are worried that if they spend too much time together on the yacht, it will easily lead to people’s imaginations and lead to explosive rumors.
After a brief communication with Liu Yifei, Fan Wumian quickly found a reason to leave.
At noon, he invited several Hong Kong stars to have lunch at the Fook Lam Moon Hotel, including Stephen Chow's golden supporting actor, Natalis Chan, as well as Chung Han-liang, Shan Ji Ge, Lai Yiu-cheung, Eason Chan, and Bosco Wong, all of whom have good tempers, are easy to get along with, and are popular in the mainland.
As for some troublemakers and some actresses involved in scandals, Fan Wumian dare not use them casually. He has always been cautious in selecting people, for fear of repeating the mistakes of others.
There are too many examples of a bad apple spoiling the whole barrel in the entertainment industry. Many investors and directors have been cheated and cried. From the perspective of investors, of course they have to find some low-risk artists to cooperate with, so as to minimize the probability of failure.
After eating and drinking to win people’s hearts, Fan Wumian went to play golf in the afternoon.
I originally thought this sport was a bit boring, but after trying it a few times, I discovered that although it’s just about hitting a small ball into a hole, it’s actually quite difficult. Relaxing in the sun on the green grass is quite self-cultivating.
During this period, someone from the family office came and brought him a report evaluating long positions in Apple stocks. After Fan Wumian carefully read it while sitting in a golf cart, he asked the other party to start preparing as soon as possible.
The director in charge of investment suggested that he hedge the risk, but Fan Wumian felt that it was unnecessary and further set the leverage at about 10 times and increased the principal to US$1 million, planning to seize the opportunity and take a gamble.
Considering the size of Apple, which is about 600 billion US dollars, such a long order will have limited impact on it. Even if it pushes up the stock price slightly in the short term, it will not have much impact on Fan Wumian's plan.
The technology field is about to usher in a major change. Apple will certainly profit from it, but upstream semiconductors and downstream Internet companies will also have their ceilings raised, painting a new pie for investors.
This made Fan Wumian a little anxious.
A new big opportunity is about to emerge, and he wants to quickly hatch the Bandit King Fund and borrow investors' funds to create more profits for himself.
Although you can only get 20% of the profits from helping others invest in addition to the management fee, it is still much better than not making any money at all.
And assuming that Fan Wumian uses 1 million yuan himself and also helps his clients manage 5 million yuan in assets, and then takes 20% of the performance share, the income brought to him by the two will actually be equal overall.
Many industries are about to be hit by the subprime mortgage crisis. Nasdaq has huge positive news to support it, and the risk is much lower than those in finance, retail, and real estate.
Since private equity funds will set a closed period and are not afraid of investors requesting redemption in advance, now is the best time to buy, so there is no need to wait for the final decision before slowly making your plans.
That night.
Nara Yuku from the island's foreign affairs department came again without notice.
Fan Wumian didn't want to see him. He was annoyed by this kind of person who kept pestering him. But after a while, he saw Pu Jiajing holding a box with a letter on it.
He asked curiously:
"What is this, a gift for me?"
Pu Jiajing told:
"Well, I made up an excuse to send him away, saying that you drank too much at noon and felt uncomfortable. He handed these to me and got in the car and left without giving me a chance to refuse. I opened it and saw that it looked like a painting or something. It should be worth some money."
Fan Wumian glanced at her sideways:
"If you really want to stuff it back, is it that difficult? The official agencies of the island country are dragging people into the water, which is nothing more than a sugar-coated bullet. When I was at the resort, I blocked the honey trap. It's a bit hot to take it down."
Pu Jiajing smiled and said:
"Why don't you just accept the things and not do anything for them? If someone asks you about it, just say you picked it up from your doorstep. Eat the sugar-coated food and throw the cannonball back. Don't bother with them."
"That's right. Maybe it was something that was stolen years ago. Since it can be given to me as a gift, it shouldn't be that bad."
After Fan Wumian finished speaking, he took the box and placed it in front of him, then took out the scroll. He first looked at the contents of the letter, which read vertically from right to left:
"Zhao Mengfu's "Three-Tied Scroll of Running Script" was taken out of the palace with Puyi in 1922 and was detained in Osaka in 1999. It is now presented to Mr. Fan Wumian.
The two countries are neighbors and should help each other."
Before he finished reading the letter, Fan Wumian crumpled it up and threw it to Pu Jiajing, reminding her:
"You can break it into pieces or burn it. It seems civilized and polite, but in fact they have evil intentions. I can't be fooled easily. The robbers took the things and suddenly returned them one day. So it became a gift? They have mastered the trick of getting something for nothing."
The gift still had to be accepted, but he didn't appreciate it at all.
We will not change the original plan because of this little thing. Projects like "The Militiaman Ge Erdan" and "My Brother is Shunliu" will continue as usual.
I'm too lazy to care about this little thing.
After checking out Zhao Mengfu's "Three Bundles of Running Script", Fan Wumian put it into the vault, and then went to the study to test the online game "Wulin Wai Zhuan".
It was around 8 o'clock that night.
The total sales of Valentino were calculated. On the first day of the official launch of the new products, all stores in Asia sold goods worth a total of 5300 million Hong Kong dollars, with more than 1600 million Hong Kong dollars sold in Hong Kong alone.
This shows that users have a good recognition of the Valentino brand and also like the new products released last year. Together with the leather products that were pre-sold and released in advance, the total sales in one month have exceeded 2 million Hong Kong dollars.
The opening of a new store always attracts some customers to try out the new products, but short-term sales data alone cannot prove that it is absolutely stable.
After reading the report, Fan Wumian sorted out the trivial matters encountered during yesterday's party. At around 9 o'clock in the evening, he had a video call with his employees and continued to sort out some detailed arrangements for long positions in Apple stocks.
For example, he believes that the period of an individual stock futures contract is one or two months, and by that time, the good news about Apple's new phone release will be over, and there is no need to take the risk of holding it for a long time.
It won’t be too late to make a comeback and continue to go long before the first generation iPhone is actually launched in a few months.
There also seem to be certain short-selling opportunities for Nokia, Motorola, BlackBerry and the like. Unfortunately, Fan Wumian has no idea about the specific trends in the short term and does not dare to take risks easily.
He vaguely remembered that Nokia's real decline was not until the release of iPhone 4.
Now most people still don't care about smartphones. The so-called "handheld computer" concept has been popular since the last century. Many companies have tried to develop in this direction, such as Apple's "Newton" launched in 1993, and Palm Pilot, etc. However, before it can be truly proven that this path is feasible, there will not be much reaction in the market that has become numb.
At the beginning of 2006, Apple's market value was 580 billion US dollars, and it remained almost the same at the end of the year. During this period, the news about the release of new mobile phones had already been confirmed, but the stock price did not show an upward trend, indicating that the outside world was not optimistic about Apple's upcoming new mobile phone.
Being one step ahead of others is called an advantage, but being several steps ahead of others and too far ahead is not necessarily a good thing.
Currently, the sales volume of Nokia, Motorola, Sony and Siemens mobile phones is so high that if Fan Wumian stands out and sings a different tune, clamoring to short them, he would probably be regarded as a joke.
As a short seller, it is obviously not wise to go against the general trend. Comparing the two, it is safest to go long on Apple stocks.
The financial securities trading market in the United States is particularly mature, and almost all kinds of financial derivatives can be found. If that doesn't work, you can contact investment banks and securities firms and pay a certain price to customize certain products, just like John Paulson did when he shorted subprime mortgages.
This time, Fan Wumian planned to use leverage to build a long position with a total amount of about 15 billion US dollars. As his people began to take action, the relevant news quickly spread, attracting many people to pay attention to Apple.
This is mainly because as an old listed company, Apple's performance has always been relatively stable, and the scale of funds that choose to short or long it usually only remains around US$200 million.
Mysterious funds suddenly appeared and placed large orders to try to buy the standardized contracts of the underlying securities. This unusual movement was quickly reflected in the stock market, pushing up Apple’s stock price by about 1.6% in just over ten minutes.
Many institutions took action one after another. Before Fan Wumian finished writing the lyrics of "No See You Later" in front of his computer, he learned that the progress of building a position was halfway completed. (End of this chapter)