Becoming a Russian Oligarch After Rebirth -
Chapter 1367 - 1083: The Skilled Warrior Has No Prominent Achievements_2
Chapter 1367: Chapter 1083: The Skilled Warrior Has No Prominent Achievements_2
Sure, for mom, Angelina was called "Xiao Na" because she found a four-character name too awkward and strange to pronounce, so she preferred the more endearing "Xiao Na."
Wang Ye explained helplessly, "Of course, I didn’t lie to you, but you should not go to Simferopol recently. It’s really busy over at Angelina’s. Better wait until she’s almost due to give birth. After all, it’s not much longer now."
Indeed, if mom and dad were to head over there, Angelina would have to put down her work to take care of them, which would be more of a hindrance than a help.
Mom was somewhat unwilling but could understand.
After all, her daughter-in-law was also holding a "high office!"
Plus, since her relationship with Wang Ye couldn’t be made public, and now that she was pregnant, it certainly called for a low-profile approach. So, she decided to wait patiently for a few more months.
When her grandchild was about to be born, she would go over there to stay, no matter what...
Of course, even if it wasn’t a grandson but a granddaughter instead, that would also be wonderful. Foreigners don’t enforce birth controls anyway, wanting to have as many children as they wish!
The joyous call from Wang Ye kept his parents wide awake with excitement, for this was a tremendous piece of good news!
The elderly couple stayed up all night discussing how to educate their grandchild and what to name him.
Choosing a Chinese name was not a problem, but they were quite clueless about what Russian name to pick, which was quite troubling...
...
Of course, Angelina’s pregnancy was just a minor episode, and her due date wasn’t for over ten months.
So, after Wang Ye flew to Simferopol and stayed with her for a few days, he returned to his busy work in Moscow.
At the same time, he was closely monitoring the dynamics of the American financial market and the worldwide economic situation.
In mid-October, Wang Ye gave instructions to the traders at the Big Shark Hedging Fund to allocate funds and go long on crude oil futures!
As the economic crisis developed, the US dollar exchange rate started to fall. Coupled with turmoil in the Middle East and speculative capital seeking safe haven, Wang Ye predicted a surge in international crude oil prices.
This was not just a recollection from Wang Ye’s past life, but a judgment based on the information now at hand and his experience in this life.
It turned out that in this life, with his experiences and position, Wang Ye’s sensitivity to and assessment of economic trends were far superior to his previous life...
Entering November, international crude oil prices began to soar, breaking through from over eighty US dollars a barrel to more than a hundred dollars!
For Wang Ye, this meant double profit.
First, he made a fortune in the financial markets by going long through the hedge fund.
Second, he controlled oil giant Yukos and had expanded production in advance. Now, with oil prices surging, one can imagine just how astonishing the dividends would be at the year-end!
For many people, enterprises, and even countries, this subprime crisis was a disaster of colossal proportions.
But for Wang Ye, it was entirely different; it was more like a celebration knocking on his door...
Once the crude oil prices stabilized around one hundred and twenty US dollars per barrel, Wang Ye had the Big Shark Fund cash out and leave the market, knowing that this price was already near the peak and further upward momentum was insufficient.
After this deal, the Big Shark Fund held cash and various securities worth over three hundred and sixty billion US dollars, equivalent to a return of 260%!
This was far beyond what Wang Ye initially promised the investors, but there was still some way to go to reach his real target return rate of 500%...
However, Wang Ye was not in a rush, as the economic crisis was far from over, with the whole year of 2008 unlikely to be calm!
Moreover, a booming opportunity to go long on gold was up ahead, and gold’s rise would not fall much short of that of crude oil.
For prudence, Wang Ye had his hedge fund mainly handle products like bonds, stock indices, and crude oil futures which could accommodate a substantial amount of capital - hundreds of billions of US dollars, which would be a massive sum for many.
Yet in the American financial market, especially in markets of bonds, stock indices, futures, gold, etc., it really didn’t cause much of a splash.
The advantage of this approach is greater safety; it did not attract the attention of those financial sharks.
Apart from Wang Ye’s Big Shark Hedging Fund, many Wall Street financiers also silently made a fortune during the Subprime Crisis.
However, they were very low-profile, kept entirely quiet about it; giants like Citigroup and Goldman Sachs probably earned even more than Wang Ye!
But not only did they not publicize it, they even played poor, hoping to get government bailout funds...
Only John Paulson, whom Wang Ye remembered vividly from his previous life, became the "superstar" of the American Financial Market!
His fund accurately predicted the Subprime Crisis, net value surged by 590% by shorting subprime bonds during the economic crisis!
It made over two hundred billion US dollars for its investors, praised by all financial media, and even dubbed the "God of Funds"...
Of course, to the average investor, fund managers like John Paulson are indeed god-like figures.
After all, bringing investors a near 600% return in a year is truly astonishing...
But to the real financial sharks, such as Goldman Sachs, Citigroup, Buffett, and of course, including Wang Ye’s Big Shark Hedging Fund, Paulson is just a "scapegoat," quietly put forward by the true winners.
Using the stellar performance of the fund managed by John Paulson to "cover" the real sharks as they frenziedly harvested wealth worldwide!
For the skillful warrior, no trumpeted achievements are needed, the same logic applies in the financial market. Just like Wang Ye, he only wanted to take advantage of this opportunity to make money, with no interest in becoming any "Stock God" or "God of Funds."
If it were a matter of comparing investment returns, Wang Ye needed only to show his Polar Bear Investment company, whose performance would certainly leave 99.999...9% of investment managers with no place to hide!
As for funds, although his newly established Polar Bear Hedge Fund seemed to have a lower annual return than Paulson’s, the scale of the two funds weren’t comparable at all.
John Paulson’s fund had a size of just over thirty billion US dollars at the beginning of the year, and even after making a fortune during the Subprime Crisis close to the year’s end, the total size barely exceeded twenty billion US dollars.
Whereas Wang Ye’s Big Shark Hedge Fund started with hundreds of billions of US dollars!
Now the capital has soared to over three hundred and sixty billion US dollars!
Within a year, John Paulson earned less than two hundred billion, while Wang Ye made two thousand six hundred billion. There isn’t even a comparison...
Therefore, in public, not a soul knew of the Big Shark Hedge Fund, but those fund shareholders, like A Bu, Gavriil, and various European royal families, had already revered Wang Ye as divine!
It’s no joke, having made them so much money in less than a year, who wouldn’t hold him in high esteem...
A Bu, thrilled, called to say he had ordered a super yacht for Wang Ye, as a personal gift!
Of course, he rewarded himself with a super yacht too, ordered alongside Wang Ye’s. It’s said the two yachts cost nearly a billion US dollars, half a billion each!
Although the yacht would take some time to build, A Bu sent all the related design plans to Wang Ye.
The super yacht, worth several hundred million, was extravagantly luxurious, 168 meters long with 18 deluxe suites, large living rooms, dining facilities, two helipads on deck, two swimming pools, and diving equipment among other amenities!
As for the interior decoration, it was even more resplendent. Wang Ye felt it was too lavish, and was worried about the negative impact...
Others, though not as "direct" as A Bu, also were obviously very grateful to Wang Ye.
In this day and age, who is the most popular?
Naturally, it’s those who can help others make a lot of money!
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