Heads Up Hollywood

As many people expected, before the market opened, the Federal Reserve and the European Central Bank jointly cut interest rates by 0.5% to reassure people.

At the same time, the Federal Reserve will take out no less than 60 billion US dollars of funds to participate in the rescue.

At 9:30 on September 17th, the US stock market opens!

The European stock market has rebounded, with an overall increase of about 3%. However, European investors do not live in the United States after all.

As soon as the U.S. stock market opened, stockholders began to sell stocks in a panic, and the stock market plummeted. Almost instantly, the Dow Jones Index fell by 7.1%.

Among them, stocks in the insurance, tourism, and aviation industries had the highest declines.

On the first day of trading, the Dow Jones fell 14.3%, the Nasdaq fell 16.1%, and the S\u0026P fell 11.6%!

A mere $60 billion in bailout funds is a drop in the bucket.

In just one day, the U.S. stock market lost more than $1.1 trillion!

The major stock indexes continued to fall, comparable to when the bubble crisis burst last year.

Microsoft's stock price fell from $30 to $26, a drop of 13.3%;

Disney’s stock price fell from $23 to $18, a drop of 21.8%;

General Electric shares fell from $40 to $34, a drop of 15%;

Goldman Sachs shares fell from $76 to $69, a drop of 9.2%;

Ford Motor's stock price fell from $19 to $16, a drop of 15.8%;

Lockheed Martin stock rose from $38 to $43, an increase of 13.1%. Well, this is a company that mainly produces fighter jets.

People generally have a herd mentality. When stockholders see others selling, many people will be unable to hold back and sell crazily.

But after a long time, seeing the government's determination to rescue the market, it will calm down.

Especially many large institutions on Wall Street, seeing such an opportunity to buy bottoms, they will not miss it!

Tang En and Scott Swift have discussed this matter many times beforehand. The matter of cashing out can't wait, can't delay, and must be done as soon as possible!

Try to close all short positions within this week!

Action starts on September 18th.

On this day, Tang En Capital closed 128 stocks, with an average drop of 15.8%, and a profit of 3.51 billion US dollars!

On September 19, 107 stocks were closed, with an average decline of 14.5%, and a profit of 2.69 billion US dollars!

On September 20, 42 stocks were closed. These are the airline, travel, and insurance stocks with the worst declines. The average decline was as high as 29.3%, and the profit was 2.13 billion US dollars!

September 21st, Friday, is also the last day of the stock market this week.

Tang En Capital liquidated the remaining 30 stocks. The prices of these stocks were relatively stable, with an average decline of 5.4%, and a profit of 280 million US dollars.

After 3 months of financial operations, Tang En Capital's gross profit was as high as 8.61 billion US dollars in this crazy short selling operation!

After deducting a short-term interest expense, handling fee, and capital gains tax that will inevitably be paid in the future, and then deducting the loss of 850 million US dollars in the short-selling in the first half of the year...

This year, Tang En Capital made a net profit of 5.82 billion U.S. dollars with a total investment of 3 billion U.S. dollars in the financial market, with a profit return rate of 194%!

Even after taxation is deducted, Tang En Capital still has a huge amount of more than 9 billion US dollars on its books!

Generally speaking, the drop was smaller than when the bubble burst. Fortunately, Tang En can call more capital this time.

With this amount of wealth, plus the assets of Tang En Pictures, it is enough to make Tang En the top 20 super rich in the "Forbes" rich list!

...

Of course, people can't see Tang En Capital's bloody storm in the stock market, but they can't escape the eyes of large Wall Street institutions.

The last time Tang En made a lot of money in the bubble crisis, the news spread quickly, which put him under a lot of pressure. This time, though, Wall Street was more silent.

On the one hand, it was because they were completely slapped in the face. In the summer, Tang En made a high-profile negative statement, and as a result, the entire Wall Street laughed and laughed at the joke.

At this moment, how could he have the face to report the news about Tang En? Quietly pretend not to know. With so many financial elites being slapped in the face by a film director, it is really unreasonable.

More importantly, Wall Street is making a fortune collectively, who has the mind to focus on others?

A few days ago, the major investment banks and foundations on Wall Street collectively sold short and made great fortunes. As a result, the market value of the New York Stock Exchange and Nasdaq evaporated by 1.4 trillion US dollars in just one week!

Now, it's the weekend again.

In order to solve the predicament, the Federal Reserve and the Ministry of Finance will definitely come up with more favorable and strong means.

It just so happens that 90% of the senior officials of the Federal Reserve and the Ministry of Finance come from major investment banks on Wall Street, especially Goldman Sachs.

The stock price has fallen to a low point, and it is time to buy the bottom. Of course, Wall Street must concentrate on researching countermeasures, and use the most effective means to earn the most benefits!

As for Tang En's matter... who would care?

Compared with the big investment banks on Wall Street, the little money Twain earned is too big.

It's just that all the money Tang En makes belongs to himself, while the money earned by investment banks and private equity funds belongs to the collective shareholders, and Tang En's per capita income is just more.

Tang En made a fortune silently, and did not appear on the economic page, but it does not mean that he disappeared from media reports.

His charitable act of donating 50 million U.S. dollars has been repeatedly reported on the entertainment page.

This kind of charitable activity is different from previous donations, but it has been recognized by many psychological counseling agencies. Cooperating with Tang En Pictures and Universal Pictures, they appealed to many victims to watch "Unsinkable" in theaters.

Mental illness is also a disease.

Especially the United States is a country that pays great attention to mental health. Almost everyone has the experience of consulting a psychiatrist. Tang En's actions cater to the national conditions and people's hearts.

Word of mouth and praise come naturally.

Especially this weekend, he made a special trip to New York. After cashing out from the stock market, he attended the charity gala that five celebrities were about to attend.

In the name of "Dawn Walker", he donated money to several charitable funds.

In short, he spent 48 million US dollars and gave back all the spare money of Tang En Capital to the society, and received high praise.

Donations from the rich are very common, but donations from young people are still large and rare.

For Tang En, it was buying a psychological comfort.

However, he didn't dare to do anything anymore. During the two stock market crises, he sold a large number of short positions one after another, earning a fortune of more than 10 billion U.S. dollars crazily!

Even the top financial giants, such as Soros and Rogers, have never had such a feat.

Enough is enough.

Time to stop!

It is conceivable that Tang En Capital's funds will be strictly supervised by the Federation in the future!

It's as if Soros is on the financial blacklist of many countries.

"Scott, it's time for our actions in the financial market to come to an end." Standing at the window of Scott Swift's office, Dunn let out a long sigh as he looked out at the still brilliant streets of Manhattan.

Scott Swift raised his eyebrows, "Are you going to fire me?"

"Ah?" Tang En laughed suddenly, "Why would you think so? I wouldn't act like this."

Scott Swift shook his head, frowned and said, "But what can I do if I don't operate the stock market? My job is to be a stockbroker."

Tang En gave him a deep look, "But you are engaged in financial investment. Stock investment is also investment, isn't it?"

"oh?"

Scott Swift felt there was something in his words.

Tang En said: "Our two operations are too conspicuous. Wall Street will definitely be vigilant, and even... will send out commercial spies, not to mention the pressure from the federal government. The stock market must withdraw! I have already thought about the money for the trust fund, sir. Part of it will be invested in Tang En Pictures, and next year... there will be a big acquisition."

"how should I do?"

"Hehe, in the past two years, Tang En Capital has not only made gains in the stock market, but also invested in many companies. Including Google, Apple, Hasbro, Pixar, MGA, etc., your communication with the boards of directors of major companies is very good. nice."

Scott Swift waved his hand and said disapprovingly: "If you have money, you are a master. If I invest money, they will of course welcome it with their hands up. This kind of communication is of course simple."

Tang En laughed and said, "That's enough!"

Scott Swift suddenly realized, "Tang En, you mean...Tang En Capital's main business direction in the future is venture capital?"

"That's right!"

"But Americans are panicking now, venture capital...is not a good direction."

"You can go abroad."

"Overseas... have also been seriously affected by the '911 Incident'."

Tang En said: "Not necessarily. Highly market-oriented countries must have experienced great fluctuations, but... some countries have adopted semi-market-oriented policies guided by the market, and the impact is very small."

Scott Swift's eyes lit up, "You mean...a country with a large population on the other side?"

Tang En smiled, "I plan to spend 500 million US dollars to set up a venture capital fund, Tang En Capital will hold 80% of the shares, and you will hold 20% of the shares. You are the general manager, responsible for all investment businesses, and you can focus on the direction Put it there. Of course, Korea and Japan are also good.”

Instead of enjoying 20% ​​of the profit, it takes 20% of the shares. This is a completely different concept.

In other words, Scott Swift doesn’t have to do anything, he’s already a billionaire as soon as this venture capital fund is established!

"But I'm really not familiar with the investment field."

"You can learn slowly." Tang En smiled slightly, "Besides, in the United States, you have also participated in investing in several high-tech companies. If you have experience, I will give you a few more suggestions. You can invest while you are exploring. You can make a career out of there.”

"Do you have a suggestion? Which direction?"

"Of course it's the Internet!"

"oh……"

In the past six months, Scott Swift has seen the warmth and warmth of people on Wall Street.

When Tang En Capital suffered a huge loss, everyone saw him making jokes, and his words were disrespectful and sarcastic. Now Tang En Capital, which he runs, is making a lot of money, and it has immediately become the focus of attention.

He's had enough of this kind of intrigue, hypocrisy, and hypocrisy.

Maybe……

Changing places is also a good challenge.

"This venture capital fund, can I use my name? Scott Swift Venture Capital Fund."

"no problem!"

Tang En waved his big hand, showing his pride.