Schiff cheered up, and Rice did not disappoint him. Although Rice's previous suggestion was completely laughable to him, it also opened up a new horizon for him.
Although this proposal became a bit unrealistic due to the limitations of the intelligence that Rice could obtain personally, there was a small detail in the proposal that perhaps even Rice himself did not notice that attracted him.
"House prices are still appreciating, so now you can make money regardless of bs."
This sentence directly lit up all of Schiff's thoughts.
He found that his group of insiders seemed to have fallen into a misunderstanding. Why must they abide by the tacit agreement?
This is just their perspective, but the perspective of people like Rice, Dammons, and Harley is different.
Before Rice discovered the problem, in the eyes of the three Wall Streeters, the capital game on Wall Street was all about winner takes all. If you find an opportunity, you can just do it. How can there be any tacit understanding and rules?
There is still a lot of room for appreciation in housing prices in the United States, which has led to all subprime mortgage derivative contracts now being hot sellers in the market, because before the collapse, these contracts could indeed get stable returns, which seemed comparable to deposits in banks. A lot more paddling.
But in the eyes of leeks or fat sheep outside Wall Street, real estate in the United States is booming!
In the United States, almost everything is falling now, only housing prices are rising. IT has collapsed, manufacturing has collapsed, telecommunications has collapsed, and retail has collapsed. After the previous black swans, almost everything has become a wave of panic selling. .
But the miraculous thing is that relying on the reputation of a beacon for mankind, everyone actually has a hundred times stronger confidence in the real estate in the United States. In addition, the current housing prices have not risen to the peak, so a large amount of money suddenly poured into the real estate market, and the direction changed. Boosted everyone's confidence in subprime mortgages.
Do you have a lot of room for maneuver here?
After Schiff thought for a while, his thoughts were quickly opened up by Les, but he couldn't catch the flash of inspiration, so he wanted Les to explain it to him personally and let him look at it from another angle. Let’s look at the issue of subprime mortgages.
That's why he told Rice some inside information. If Rice could discover the subprime mortgage just by relying on some real data in the company, what would he think after getting more information?
And now, this early retreat suddenly made Schiff understand what Rice was thinking.
Boy, this kid wants to detonate the bomb early!
The restraint on Les's face slowly disappeared at this time. He felt like he was back at the thesis defense scene before graduation and began to talk.
"Mr. Schiff, your psychological expectation is at least one year, and other insiders are also at about the same time period.
All we need to do now is to significantly reduce our psychological expectations and predict the collapse time to less than half a year. I must take advantage of this time difference to sell the "gold" in my hands quickly! "
Schiff felt very sad after hearing this. He can collect billions every year by collecting rent from the inventory in his hand. Of course, this is just some pocket money. The key is that after the collapse of the subprime mortgage, various The collateral of the contract becomes his own, and a series of physical assets such as houses, private planes, ships, ports, farmland, and factories are what he is interested in.
But do you have to give up something now to listen to Les?
The thought of spitting out some of the meat that had already been eaten in his mouth made Shiv feel a war between heaven and man in his heart.
If the subprime mortgage explodes as they expect, this will definitely be a profit, but if it collapses prematurely, all his plans will be disrupted.
Because part of the cash flow put into the market has not been recovered for the time being, the game of making money is interrupted halfway through. The funds in hand are temporarily not enough to eat all the spoils, which becomes a burden, which is the so-called of liabilities.
But sometimes these liabilities will become a tool for others to take advantage of others. This kind of thing has always been about taking advantage of others, but now it may be the other way around.
This must not be allowed to happen!
This is my dignity as a capitalist!
Shiv's eyes seemed to have awakened something extraordinary, and his eyes ignited with light. When he saw Les across from him, his heart kicked in his chest, and he called out cautiously.
"Mr. Schiff?"
"I will make relevant plans based on your proposal. From now on, you will be Kure Enbo's CEO assistant!"
. . .
Two hours later, Damons, Rice, and Harley returned to the company's rooftop in a helicopter. Rice became the assistant to the chairman, while Damons and Ryan also benefited from the opportunity and were directly promoted and raised their salaries. .
As soon as Harley got off the plane, she had an expression on her face as if she was going to be successful. He murmured to himself on the rooftop with a crooked eye and a crooked mouth: "I've made it, I've made it, I also have the chance to make 10 million a year!"
Although Damons was also very excited, he immediately poured cold water on him after hearing Harley's words.
“Actually, the money that can really be saved is not that much. Saving hundreds of thousands of dollars in one year is pretty good.
Those damn tax bureaus robbed half of it, and they also had to maintain the villa and several cars. I also had to spend money to maintain a yacht every year, and I also had to pay membership dues to various clubs and high-end clubs.
I also invite clients or colleagues to have parties at my home or on my yacht from time to time.
Watches, handmade suits, famous wines, cigars, prostitutes, some antique collectibles and charity expenses for various social occasions. After removing this set of necessary expenses, you won’t be able to save much money at all! "
Both Les and Harley were speechless, "Why are these necessary expenses?"
Damons looked at the two fledgling rookies and shook his head and said: "Because we are in the United States, if we want to enter the upper class, these things are necessary expenses. Although it is likely to be regarded as a nouveau riche, it can make people Everyone knows I'm rich!
Just like this outfit I specially customized for you, it costs almost 100,000 yuan. Without this outfit, you would never be able to see the faces of those big shots! "
After hearing this, Les and Harley were speechless for a while. Even Les felt that this was a naked attempt to steal their wool, but he had no evidence. . .
But when the two of them were thinking about this, they then thought about Schiff's luxurious manor on Long Island, and their hearts became hot, and their eyes ignited with a light called ambition.
Damons knew what they were thinking just by looking at their expressions.
"Are you thinking about buying a house on Long Island in the future?"
The two nodded.
"I have been working on Wall Street for more than ten years. I earned enough money to buy two manors there, but I am still paying off the mortgage on my villa."
The two of them looked like they had seen a ghost, and the American dream in their hearts was on the verge of being shattered.
Damons patted them on the shoulder: "It seems like an easy goal to achieve, but there are a series of invisible obstacles blocking us.
Mr. Schiff doesn't have to worry about socializing, because he has the right to say that he doesn't need to.
but we. . . "
After shaking his head again, he started to drink chicken soup.
"The world is like this. The rich get richer. Les, you thought what you discovered this time was a great secret. It has long been an open secret at Mr. Schiff's level. They have prepared everything for a long time. , you can easily triple or quadruple your capital of more than one billion dollars.
And if you work alone, you may earn less than five million through hard work, and whether you can even get the money smoothly is a question.
But don’t be discouraged. Today we have entered this threshold. In the future, the network of contacts we will come into contact with will be more high-end. These are our resources and will help our future career until we no longer have to worry about those people. After wasting money on boring stuff, we can be like Mr. Schiff! "
After a while of chicken soup, the two young men, Rice and Harley, seemed to be resurrected with full blood. They suddenly felt that the realization of their American dream was not so far away.
7017k
