Chapter 615
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Short selling is a common financial transaction.
Buppen's stockbrokers use a simple and intuitive way of "buying size" to explain what is long and short for customers who don't understand anything. This simple and direct statement makes it easier for customers to understand what they have to face.
More specifically, the price of a financial commodity is 100 yuan each. At this time, a borrows one from B and sells it to other buyers. A has 100 yuan in his hand.
After a period of time, when the commodity fell to 50 yuan a, a spent 50 yuan to buy back a commodity and gave it back to B.
In this transaction, a made a profit of 50 yuan by using the price difference because of the decline of commodities, which is the process of short profit.
If commodities do not fall but rise, they will lose as much as they rise.
Of course, this is just a brief overview. In fact, there are other factors that need to be added to the calculation of overall profit and loss, but generally speaking, this is the truth of short selling.
Lynch wants to lend money to Mr. Herbert. Mr. Herbert takes the money out and changes it into other currencies. When Galilee becomes worthless, he will spend money to buy the money back to lynch at the price of waste paper. What is left in his pocket is his profit.
But would Lynch be such a kind person?
This is a problem, a big problem.
Mr. Herbers doesn't think Lynch is a good man. The reason is very simple. He has just stated that his purpose of doing so is to avenge an innocuous joke two years ago.
So what he said now, can it be true?
Is it really a matter of principle to help him, or a new trap?
Mr. Herbert's mood fluctuation at this time was very complex. It was difficult for him to concentrate on what to think. The impending bankruptcy made him feel like peeing. He put his legs together and asked a question, "how many?"
He asked how much money Lynch could lend him and how much Galilee he could lend him. If Lynch had enough stock, he might not be able to recover the loss.
He simply thought about it. Like the previous business, he did not find any problems, but at this moment, he is not allowed to have too many trade-offs. He must find a way to solve these problems as soon as possible.
Once Gary completely collapses, he doesn't even have a last chance.
Lynch looked at Mr. Herbert's unwilling expression. He smiled happily, "wait a minute..." he motioned Mr. Herbert to sit down for a while, while he went into the inner room and picked up the phone.
The sound of his conversation crept through the open door and into Mr. Herbers's ear. Lynch seemed to be asking these questions.
Thinking of this, he began to think again. Did Lynch also bury a trap for him this time?
On the other side, Lynch is talking to Lyme, "do we have Galilee in stock in our hands and customers?"
"Our hands have been emptied, but there are still a lot in the hands of customers..." when lime spoke, he couldn't help laughing, "at least more than one billion and two billion are in the hands of our customers."
"I informed all our customers according to your statement before. Gale has a huge risk and it is not recommended that they hold it, but you know, gale has been rising and has a big increase recently, so they took the initiative to ask to follow the trend with their entrusted account, so..."
LEM didn't go on here. Then there was his light laughter. Lynch knew what he was going to say and he knew Lynch could guess.
When people face problems they don't understand, they often show a state of polarization.
The first state is that the individual's knowledge, status, wealth and power belong to the middle and lower levels of society. They lack a distinct independent thought and have not made any successful achievements. These people are often persuaded by those who are more professional than them.
Being convinced doesn't mean that they have a soft ear, but that they really have no confidence in these things they don't know. They can only rely on those professionals to provide professional opinions. That's why buppen's stockbrokers often appear as negative teaching materials in legal programs or publications.
Individuals in the second state may not be very knowledgeable, but they are all successful people.
They have enough social status, wealth or power. In a more popular way, these people are winners. Winners have their own judgment and are not so easy to be persuaded by others. They believe in their own judgment.
When there is an obvious conflict between their judgment and LEM's tips, LEM does not have the ability to convince these people before completely proving himself in front of people. They do not believe in LEM's judgment, but they believe in their consistent successful experience and feeling.
This also led to the slightly poorer customers in LEM's hands (this part is actually at least the middle class, much richer than the civilian class) who are obedient and did not invest their money in the operation of Galilee, but those large accounts with money bought Galilee one after another.
About 20% of the galilees in Lynch's hands were eaten by them, and the rest were tried by all parties. After all, this is in stock!
Not long ago, these people who made money with the good news discussed Lyme's ability behind his back, but when he turned around, there were frequent bad news in Galilee, Galilee also turned around and made a sharp decline, and many people lost a lot of money.
Lyme didn't feel any uneasiness, but a little happy. It seemed a great thing to see these disobedient people suffer losses. When he talked about it with Lynch, his tone was full of happiness.
"Well done, much better than I thought..."
He thought he didn't clean up the Galilee in his hand. After all, if he wanted to clean up the 10 billion Galilee spot in a short time, he should also take into account the volume of the market.
Before calling, he thought there might be about three or four billion left, and then he took some back from the customer at a very low price and lent Mr. Herbers a slightly relatively whole figure.
But he didn't expect that Lyme had finished the task so well that he had all sold it. Of course, it also had something to do with those international speculators who began to hype Gary wildly.
The high fever in the market does not subside, and all participants are crazy. At this time, let alone 10 billion spot, several times more. As long as Lynch has it, the market dares to eat!
After praising Lyme, Lynch hung up the phone and, after a short pause, called Mr. Truman's desk.
"In trouble?", Lynch heard Mr. Truman's unique laughter at the moment of the phone.
During this period, international calls were transferred manually, so Mr. Truman knew who the caller was before he connected the phone. Lynch called him at this time. There is only one possibility. He was in trouble.
Mr. Truman is very interested in the trouble that can make Lynch need to call for help. He wants to know who has such great ability to live in Lynch.
Lynch also smiled twice. "Yes, I have encountered some trouble. I need the transfer right of 10 billion Galilee spot. I think about it. Now only the federal government can take it out."
This requirement is not within the scope of Mr. Truman's prediction. He is a little curious, "what about your 10 billion?"
"They have all sold out at almost the high point..."
Even if Mr Truman doesn't know much about economics and finance, he knows what this means. Lynch has at least made tens of millions of profits from this transaction.
This also reminds Mr. Truman of Lynch's resistance every time he advised Lynch to work with him. Maybe he is really suitable for these things. Over the years, no one can be more relaxed than Lynch in making money.
After a short absence, his mood had a trace of envy, and then turned into curiosity, "so what do you want the money to do now?"
"You know, I have a friend, Mr. Herbert, who is going to borrow a sum of money from me, ten billion galilees."
"I think the federal money is also kept. It's better to take it out for business."
"In three months, the rate of return is no less than 4.5% of the total loan. It is settled with federal sol. Anyway, it is almost......" Lynch quickly calculated the current exchange rate, "at least more than three million benefits. This deal is very profitable."
Mr Truman's curiosity was obviously not here. "So how much can you earn?"
"It's almost the same number..."
"Will the money leave the Union?"
"Of course not!"
"When will you go through the formalities?"
"Soon!"
……
Lynch, who came out of the room, smiled and sat back on the sofa. "I've settled for you. The spot of 10 billion Galilee, the rate of return at the time of repayment, is settled with federal sol. If there is no problem, you can let your people go through the formalities now."
Looking at Lynch's understatement and making "10 billion", Mr. Herbers wanted to ask a question at this time - "is that 10 billion you said, my 10 billion?"
But he didn't speak. At this time, he didn't dare to offend Lynch, and this was his last chance.
If he changes the money he owes others and disposes of other money at the same time, he can make money!
The reason for making money is that he doesn't intend to inform others. He plans to swallow the profits brought by short selling, so he can probably make some money.
There is only a moment from hell to heaven. At this time, he is not in the mood to care about other people's life and death. He only cares about himself.
Not to mention the total interest rate of 9.5%, he is willing to eat even 15 points!
"There's no problem, Mr. Lynch. How can I get through the formalities?" he couldn't wait and smiled more.
Lynch wrote a number to Mr. Herbers, "this is the phone number of the head office loan business department of Jinhui bank. You need to provide collateral. You know, I can't lend you 10 billion galilees without anything. When you have enough, you can see the money..."
After seeing Mr. Herbers leave, Lynch dialed the number he gave Mr. Herbers, "hello... Yes, someone will come to you these two days..."
Please report us if you find any errors so we can fix it asap!
Short selling is a common financial transaction.
Buppen's stockbrokers use a simple and intuitive way of "buying size" to explain what is long and short for customers who don't understand anything. This simple and direct statement makes it easier for customers to understand what they have to face.
More specifically, the price of a financial commodity is 100 yuan each. At this time, a borrows one from B and sells it to other buyers. A has 100 yuan in his hand.
After a period of time, when the commodity fell to 50 yuan a, a spent 50 yuan to buy back a commodity and gave it back to B.
In this transaction, a made a profit of 50 yuan by using the price difference because of the decline of commodities, which is the process of short profit.
If commodities do not fall but rise, they will lose as much as they rise.
Of course, this is just a brief overview. In fact, there are other factors that need to be added to the calculation of overall profit and loss, but generally speaking, this is the truth of short selling.
Lynch wants to lend money to Mr. Herbert. Mr. Herbert takes the money out and changes it into other currencies. When Galilee becomes worthless, he will spend money to buy the money back to lynch at the price of waste paper. What is left in his pocket is his profit.
But would Lynch be such a kind person?
This is a problem, a big problem.
Mr. Herbers doesn't think Lynch is a good man. The reason is very simple. He has just stated that his purpose of doing so is to avenge an innocuous joke two years ago.
So what he said now, can it be true?
Is it really a matter of principle to help him, or a new trap?
Mr. Herbert's mood fluctuation at this time was very complex. It was difficult for him to concentrate on what to think. The impending bankruptcy made him feel like peeing. He put his legs together and asked a question, "how many?"
He asked how much money Lynch could lend him and how much Galilee he could lend him. If Lynch had enough stock, he might not be able to recover the loss.
He simply thought about it. Like the previous business, he did not find any problems, but at this moment, he is not allowed to have too many trade-offs. He must find a way to solve these problems as soon as possible.
Once Gary completely collapses, he doesn't even have a last chance.
Lynch looked at Mr. Herbert's unwilling expression. He smiled happily, "wait a minute..." he motioned Mr. Herbert to sit down for a while, while he went into the inner room and picked up the phone.
The sound of his conversation crept through the open door and into Mr. Herbers's ear. Lynch seemed to be asking these questions.
Thinking of this, he began to think again. Did Lynch also bury a trap for him this time?
On the other side, Lynch is talking to Lyme, "do we have Galilee in stock in our hands and customers?"
"Our hands have been emptied, but there are still a lot in the hands of customers..." when lime spoke, he couldn't help laughing, "at least more than one billion and two billion are in the hands of our customers."
"I informed all our customers according to your statement before. Gale has a huge risk and it is not recommended that they hold it, but you know, gale has been rising and has a big increase recently, so they took the initiative to ask to follow the trend with their entrusted account, so..."
LEM didn't go on here. Then there was his light laughter. Lynch knew what he was going to say and he knew Lynch could guess.
When people face problems they don't understand, they often show a state of polarization.
The first state is that the individual's knowledge, status, wealth and power belong to the middle and lower levels of society. They lack a distinct independent thought and have not made any successful achievements. These people are often persuaded by those who are more professional than them.
Being convinced doesn't mean that they have a soft ear, but that they really have no confidence in these things they don't know. They can only rely on those professionals to provide professional opinions. That's why buppen's stockbrokers often appear as negative teaching materials in legal programs or publications.
Individuals in the second state may not be very knowledgeable, but they are all successful people.
They have enough social status, wealth or power. In a more popular way, these people are winners. Winners have their own judgment and are not so easy to be persuaded by others. They believe in their own judgment.
When there is an obvious conflict between their judgment and LEM's tips, LEM does not have the ability to convince these people before completely proving himself in front of people. They do not believe in LEM's judgment, but they believe in their consistent successful experience and feeling.
This also led to the slightly poorer customers in LEM's hands (this part is actually at least the middle class, much richer than the civilian class) who are obedient and did not invest their money in the operation of Galilee, but those large accounts with money bought Galilee one after another.
About 20% of the galilees in Lynch's hands were eaten by them, and the rest were tried by all parties. After all, this is in stock!
Not long ago, these people who made money with the good news discussed Lyme's ability behind his back, but when he turned around, there were frequent bad news in Galilee, Galilee also turned around and made a sharp decline, and many people lost a lot of money.
Lyme didn't feel any uneasiness, but a little happy. It seemed a great thing to see these disobedient people suffer losses. When he talked about it with Lynch, his tone was full of happiness.
"Well done, much better than I thought..."
He thought he didn't clean up the Galilee in his hand. After all, if he wanted to clean up the 10 billion Galilee spot in a short time, he should also take into account the volume of the market.
Before calling, he thought there might be about three or four billion left, and then he took some back from the customer at a very low price and lent Mr. Herbers a slightly relatively whole figure.
But he didn't expect that Lyme had finished the task so well that he had all sold it. Of course, it also had something to do with those international speculators who began to hype Gary wildly.
The high fever in the market does not subside, and all participants are crazy. At this time, let alone 10 billion spot, several times more. As long as Lynch has it, the market dares to eat!
After praising Lyme, Lynch hung up the phone and, after a short pause, called Mr. Truman's desk.
"In trouble?", Lynch heard Mr. Truman's unique laughter at the moment of the phone.
During this period, international calls were transferred manually, so Mr. Truman knew who the caller was before he connected the phone. Lynch called him at this time. There is only one possibility. He was in trouble.
Mr. Truman is very interested in the trouble that can make Lynch need to call for help. He wants to know who has such great ability to live in Lynch.
Lynch also smiled twice. "Yes, I have encountered some trouble. I need the transfer right of 10 billion Galilee spot. I think about it. Now only the federal government can take it out."
This requirement is not within the scope of Mr. Truman's prediction. He is a little curious, "what about your 10 billion?"
"They have all sold out at almost the high point..."
Even if Mr Truman doesn't know much about economics and finance, he knows what this means. Lynch has at least made tens of millions of profits from this transaction.
This also reminds Mr. Truman of Lynch's resistance every time he advised Lynch to work with him. Maybe he is really suitable for these things. Over the years, no one can be more relaxed than Lynch in making money.
After a short absence, his mood had a trace of envy, and then turned into curiosity, "so what do you want the money to do now?"
"You know, I have a friend, Mr. Herbert, who is going to borrow a sum of money from me, ten billion galilees."
"I think the federal money is also kept. It's better to take it out for business."
"In three months, the rate of return is no less than 4.5% of the total loan. It is settled with federal sol. Anyway, it is almost......" Lynch quickly calculated the current exchange rate, "at least more than three million benefits. This deal is very profitable."
Mr Truman's curiosity was obviously not here. "So how much can you earn?"
"It's almost the same number..."
"Will the money leave the Union?"
"Of course not!"
"When will you go through the formalities?"
"Soon!"
……
Lynch, who came out of the room, smiled and sat back on the sofa. "I've settled for you. The spot of 10 billion Galilee, the rate of return at the time of repayment, is settled with federal sol. If there is no problem, you can let your people go through the formalities now."
Looking at Lynch's understatement and making "10 billion", Mr. Herbers wanted to ask a question at this time - "is that 10 billion you said, my 10 billion?"
But he didn't speak. At this time, he didn't dare to offend Lynch, and this was his last chance.
If he changes the money he owes others and disposes of other money at the same time, he can make money!
The reason for making money is that he doesn't intend to inform others. He plans to swallow the profits brought by short selling, so he can probably make some money.
There is only a moment from hell to heaven. At this time, he is not in the mood to care about other people's life and death. He only cares about himself.
Not to mention the total interest rate of 9.5%, he is willing to eat even 15 points!
"There's no problem, Mr. Lynch. How can I get through the formalities?" he couldn't wait and smiled more.
Lynch wrote a number to Mr. Herbers, "this is the phone number of the head office loan business department of Jinhui bank. You need to provide collateral. You know, I can't lend you 10 billion galilees without anything. When you have enough, you can see the money..."
After seeing Mr. Herbers leave, Lynch dialed the number he gave Mr. Herbers, "hello... Yes, someone will come to you these two days..."
Short selling is a common financial transaction.Buppen's stockbrokers use a simple and intuitive way of "buying size" to explain what is long and short for customers who don't understand anything. This simple and direct statement makes it easier for customers to understand what they have to face.More specifically, the price of a financial commodity is 100 yuan each. At this time, a borrows one from B and sells it to other buyers. A has 100 yuan in his hand.After a period of time, when the commodity fell to 50 yuan a, a spent 50 yuan to buy back a commodity and gave it back to B.In this transaction, a made a profit of 50 yuan by using the price difference because of the decline of commodities, which is the process of short profit.If commodities do not fall but rise, they will lose as much as they rise.Of course, this is just a brief overview. In fact, there are other factors that need to be added to the calculation of overall profit and loss, but generally speaking, this is the truth of short selling.Lynch wants to lend money to Mr. Herbert. Mr. Herbert takes the money out and changes it into other currencies. When Galilee becomes worthless, he will spend money to buy the money back to lynch at the price of waste paper. What is left in his pocket is his profit.But would Lynch be such a kind person?This is a problem, a big problem.Mr. Herbers doesn't think Lynch is a good man. The reason is very simple. He has just stated that his purpose of doing so is to avenge an innocuous joke two years ago.So what he said now, can it be true?Is it really a matter of principle to help him, or a new trap?Mr. Herbert's mood fluctuation at this time was very complex. It was difficult for him to concentrate on what to think. The impending bankruptcy made him feel like peeing. He put his legs together and asked a question, "how many?"He asked how much money Lynch could lend him and how much Galilee he could lend him. If Lynch had enough stock, he might not be able to recover the loss.He simply thought about it. Like the previous business, he did not find any problems, but at this moment, he is not allowed to have too many trade-offs. He must find a way to solve these problems as soon as possible.Once Gary completely collapses, he doesn't even have a last chance.Lynch looked at Mr. Herbert's unwilling expression. He smiled happily, "wait a minute..." he motioned Mr. Herbert to sit down for a while, while he went into the inner room and picked up the phone.The sound of his conversation crept through the open door and into Mr. Herbers's ear. Lynch seemed to be asking these questions.Thinking of this, he began to think again. Did Lynch also bury a trap for him this time?On the other side, Lynch is talking to Lyme, "do we have Galilee in stock in our hands and customers?""Our hands have been emptied, but there are still a lot in the hands of customers..." when lime spoke, he couldn't help laughing, "at least more than one billion and two billion are in the hands of our customers.""I informed all our customers according to your statement before. Gale has a huge risk and it is not recommended that they hold it, but you know, gale has been rising and has a big increase recently, so they took the initiative to ask to follow the trend with their entrusted account, so..."LEM didn't go on here. Then there was his light laughter. Lynch knew what he was going to say and he knew Lynch could guess.When people face problems they don't understand, they often show a state of polarization.The first state is that the individual's knowledge, status, wealth and power belong to the middle and lower levels of society. They lack a distinct independent thought and have not made any successful achievements. These people are often persuaded by those who are more professional than them.Being convinced doesn't mean that they have a soft ear, but that they really have no confidence in these things they don't know. They can only rely on those professionals to provide professional opinions. That's why buppen's stockbrokers often appear as negative teaching materials in legal programs or publications.Individuals in the second state may not be very knowledgeable, but they are all successful people.They have enough social status, wealth or power. In a more popular way, these people are winners. Winners have their own judgment and are not so easy to be persuaded by others. They believe in their own judgment.When there is an obvious conflict between their judgment and LEM's tips, LEM does not have the ability to convince these people before completely proving himself in front of people. They do not believe in LEM's judgment, but they believe in their consistent successful experience and feeling.This also led to the slightly poorer customers in LEM's hands this part is actually at least the middle class, much richer than the civilian class who are obedient and did not invest their money in the operation of Galilee, but those large accounts with money bought Galilee one after another.About 20% of the galilees in Lynch's hands were eaten by them, and the rest were tried by all parties. After all, this is in stock!Not long ago, these people who made money with the good news discussed Lyme's ability behind his back, but when he turned around, there were frequent bad news in Galilee, Galilee also turned around and made a sharp decline, and many people lost a lot of money.Lyme didn't feel any uneasiness, but a little happy. It seemed a great thing to see these disobedient people suffer losses. When he talked about it with Lynch, his tone was full of happiness."Well done, much better than I thought..."He thought he didn't clean up the Galilee in his hand. After all, if he wanted to clean up the 10 billion Galilee spot in a short time, he should also take into account the volume of the market.Before calling, he thought there might be about three or four billion left, and then he took some back from the customer at a very low price and lent Mr. Herbers a slightly relatively whole figure.But he didn't expect that Lyme had finished the task so well that he had all sold it. Of course, it also had something to do with those international speculators who began to hype Gary wildly.The high fever in the market does not subside, and all participants are crazy. At this time, let alone 10 billion spot, several times more. As long as Lynch has it, the market dares to eat!After praising Lyme, Lynch hung up the phone and, after a short pause, called Mr. Truman's desk."In trouble?", Lynch heard Mr. Truman's unique laughter at the moment of the phone.During this period, international calls were transferred manually, so Mr. Truman knew who the caller was before he connected the phone. Lynch called him at this time. There is only one possibility. He was in trouble.Mr. Truman is very interested in the trouble that can make Lynch need to call for help. He wants to know who has such great ability to live in Lynch.Lynch also smiled twice. "Yes, I have encountered some trouble. I need the transfer right of 10 billion Galilee spot. I think about it. Now only the federal government can take it out."This requirement is not within the scope of Mr. Truman's prediction. He is a little curious, "what about your 10 billion?""They have all sold out at almost the high point..."Even if Mr Truman doesn't know much about economics and finance, he knows what this means. Lynch has at least made tens of millions of profits from this transaction.This also reminds Mr. Truman of Lynch's resistance every time he advised Lynch to work with him. Maybe he is really suitable for these things. Over the years, no one can be more relaxed than Lynch in making money.After a short absence, his mood had a trace of envy, and then turned into curiosity, "so what do you want the money to do now?""You know, I have a friend, Mr. Herbert, who is going to borrow a sum of money from me, ten billion galilees.""I think the federal money is also kept. It's better to take it out for business.""In three months, the rate of return is no less than 4.5% of the total loan. It is settled with federal sol. Anyway, it is almost......" Lynch quickly calculated the current exchange rate, "at least more than three million benefits. This deal is very profitable."Mr Truman's curiosity was obviously not here. "So how much can you earn?""It's almost the same number...""Will the money leave the Union?""Of course not!""When will you go through the formalities?""Soon!"Lynch, who came out of the room, smiled and sat back on the sofa. "I've settled for you. The spot of 10 billion Galilee, the rate of return at the time of repayment, is settled with federal sol. If there is no problem, you can let your people go through the formalities now."Looking at Lynch's understatement and making "10 billion", Mr. Herbers wanted to ask a question at this time - "is that 10 billion you said, my 10 billion?"But he didn't speak. At this time, he didn't dare to offend Lynch, and this was his last chance.If he changes the money he owes others and disposes of other money at the same time, he can make money!The reason for making money is that he doesn't intend to inform others. He plans to swallow the profits brought by short selling, so he can probably make some money.There is only a moment from hell to heaven. At this time, he is not in the mood to care about other people's life and death. He only cares about himself.Not to mention the total interest rate of 9.5%, he is willing to eat even 15 points!"There's no problem, Mr. Lynch. How can I get through the formalities?" he couldn't wait and smiled more.Lynch wrote a number to Mr. Herbers, "this is the phone number of the head office loan business department of Jinhui bank. You need to provide collateral. You know, I can't lend you 10 billion galilees without anything. When you have enough, you can see the money..."After seeing Mr. Herbers leave, Lynch dialed the number he gave Mr. Herbers, "hello... Yes, someone will come to you these two days..."
