Easy Tycoon

Chapter 909 Shorting the Internet

After the Lantern Festival, Yang Jing and Gege returned to Yanjing. Gege continued her unfinished studies. In fact, there was not much to learn, the main thing was to prepare the thesis and defend.

As for Yang Jing, in addition to preparing the thesis, he just took the time to go back to the past time and space.Entering the 21st century, especially in the first ten years of the new century, there are too many black swans in the international financial market. If he doesn't catch these black swans, Yang Jing will feel sorry for himself.

Bear the brunt of the international crude oil prices.

After more than 20 years of a big bear market, international crude oil prices finally ushered in a shocking bull market when they entered the first decade of the new century. In just a few years, international crude oil prices The crazy skyrocketing almost made everyone dazzled!
While international crude oil prices were skyrocketing, some economic disadvantages accumulated by the United States after the new century became more and more serious. Finally, in 2007, the subprime mortgage crisis that spread to the whole world broke out.The scope and duration of the financial crisis have also exceeded everyone's expectations.Similarly, this financial crisis has also dealt a blow to the global economy.

With the outbreak of the subprime mortgage crisis, the international gold price also skyrocketed upwards as if taking Viagra. Although this wave of rising market lasted far longer than that of the big bull market in 1980, the rise of gold price this time Crazier than the big bull market in 1980!

These are the three biggest black swans in the world financial market when entering the first decade of the new century.Of course, under the influence of these three biggest black swan markets, countless small black swan markets have also appeared in various countries. There are countless stocks.

Because of the subprime mortgage crisis, the bankruptcy crisis broke out in Greece, which also affected the major stock indexes in Europe.

There is also the black swan market that occurred at the beginning of the new century when the Internet bubble burst and the Nasdaq crashed.

It can be said that after entering the first decade of the new century, the international financial market is almost full of gold, it depends on how you pick it up!
The first time point when Yang Jing returned to the past time and space was February 2000, just one month after the last Millennium Annual Meeting of the Dragon Fund.

"Boss, we thought you went out to hunt for treasure again. We didn't expect you to come back after such a short time." Seeing Yang Jing appearing in the office, a group of senior executives from the Dragon Fund all came to meet, Henry Williams They teased Yang Jing when they met.

Yang Jing laughed and said, "I really want to find some more gold, but if I give Mike some more gold, I'm afraid Mike will fight me desperately."

Old Mike smiled wryly and pointed at Yang Jing, "Cole, you'd better stop bringing me gold, I'm already scared"

The crowd laughed.

Yang Jing waved his hand and said, "Mike, don't worry, I won't bring you gold recently, so you don't have to worry about how to deal with the gold all day long."

After a pause, Yang Jing looked at these important subordinates and continued: "Secondly, I am here this time mainly for the NASDAQ index."

Hearing this, Cesar's eyes lit up immediately, "Boss, are you going to take us with you again?"

Looking at Cesar's eager eyes, Yang Jing nodded slightly, "Guys, I don't know if you have noticed that the current Nasdaq index is very dangerous."

David Anderson nodded and said: "Boss, we were still discussing when to open a short position just now. The Internet in the United States has been too popular in the past few years, and this level of popularity is even higher than that of the Japanese real estate market ten years ago. It needs to be popular, but the current Internet companies have not found any practical way to make profits, so such a hot Internet market is simply a super bomb."

Cesar also said: "David is right. Before the Millennium Meeting, David, Niam, and Henry and I have been discussing this matter. The current Internet market bubble is too big. Once If it goes bust, it will lead to catastrophic consequences. But we are specialized in speculation, how can we let go of such a good market?"

Niam nodded and said: "As for the bubble in the Internet market, several of us have already agreed, but we have not yet formed a unified view on the bursting of this big bubble. Cesar and I both think that this huge bubble The bubble can't last long, but Henry and David believe that it can last at least half a year. Boss, you are here, we need you to give us an exact answer and an exact time point. "

Henry said to several of them: "Don't forget, we also made a lot of profits during the bubble formation process. The stocks of those Internet companies in our hands have allowed us to gain more than [-] in the past few years. A net profit of hundreds of billions of dollars! I think the bubble will burst, but the time will not be too fast. Judging from the current momentum, I think it will not happen until the second half of this year or even the end of the year at least.”

"Henry, I think your understanding is too dangerous, just as dangerous as the current Internet market!" Cesar retorted firmly.

David on the side said, "Cesar, what you said is too arbitrary."

Obviously, although these four giants have seen the huge bubble in the Internet market, they have not formed a unified opinion on when the bubble will burst, and it seems that the four of them have been arguing for a long time.

Old Mike coughed, and the four of them stopped arguing immediately, but looked at Yang Jing in unison.

Yang Jing rubbed his chin and said, "You guys, it's good to have arguments. There is an old saying in China, which is called Li'er, the more you argue, the clearer it is. It means that there are pros and cons to everything. How to choose?" To avoid the right side and avoid the wrong side, it requires brainstorming. So, arguing is a good thing, but it should be done in moderation."

The old Mike said with a smile: "Cole, don't play tricks here. Over the past month or so, the minds of Omandan and I have been confused by the four of them."

Amanda on the side also nodded with a wry smile.

"Okay, since your debate is about when the dot-com bubble will burst, I'll tell you my verdict! I think we can take a short position right now, and in my judgment, the Nasdaq The maximum will not break through 5200 points!"

"5200 points? Boss, your judgment is too conservative, isn't it? I think the Nasdaq index can break through [-] points!" David stated his judgment directly, and Old Mike and Amanda shook their heads secretly .We all know that David has a high IQ but a low EQ, and now it really seems to be the case.

But Yang Jing will not be unhappy because of David's rebuttal, he just said lightly: "The reason why I say this is because you can doubt my judgment, but you must operate according to my requirements."

David Anderson opened his mouth, and finally nodded with a wry smile.

"Guys, now that the Nasdaq has broken through 4800, I don't think there's much room for the Nasdaq to go up, so we can start backhand shorting! And it's not just the Nasdaq, Dow Index, S & P index, and major European stock indexes can start to build short positions. Well, as for the time, let’s set it before March 3! This market will be a market that lasts for more than two years, so, Cesar will be in charge of this trade."

After a pause, Yang Jing looked at the other three people and continued: "Henry, I have made a list here, which includes the stocks we need to sell before March 3, and when the bubble bursts, we need to Some stocks absorbed in the market. Guys, the bursting of the Internet bubble will eliminate more than 5% of Internet companies. At the same time, those Internet companies that can survive the bursting of the Internet bubble will become Real gold, I need to control more stocks of Internet companies like this!"

As Yang Jing said, the bursting of the Internet market bubble that is bound to erupt this time is an extremely cruel process of elimination.In the early stage, under the hype of those brainless investments and speculators, most of the Internet companies whose stock prices have grown abnormally will be eliminated.Only those Internet companies with clear development goals and grasping the fundamentals of survival can persist in this cruel elimination process.

Of course, these companies will eventually become real IT giants, and these companies are Yang Jing's goals!

PS: Bow and thank "Very Lazy Fish" for the 100 tip.

(End of this chapter)