"Daddy, my tone was too harsh. I know you are doing this for my own good.
Everyone in the group knows that I am the designated successor.
However, I know that behind the scenes, many people mock me as an incompetent prince who just needs to sit back and wait for the succession.
I really, really want to prove it to them.”
Huo Zhenting clenched his fists to express his determination to his father.
"Well! It's good that you still have such drive, nevermind! Nevermind! Do whatever you want!
Growth comes at a price, and the sooner you let go, the lower the price.”
Huo Yingdong nodded thoughtfully and stopped worrying about this issue.
"Really? Then... then I can use the 50 million US dollars to trade futures with the mainland?"
Huo Zhenting immediately shouted in surprise.
"If you think this is the right thing to do, Daddy agrees.
But remember, it’s your choice.”
Huo Yingdong nodded and responded.
"Great! Dad, don't worry. This time, I'm not blindly following the mainland's investment strategy.
I have a team that has collected information and conducted investigations.
The constant friction in the Middle East and the wars caused by local conflicts will cause the international prices of gold and silver to rise.
Recently, the price of gold has also increased significantly in some gold shops in Hong Kong Island.
If we continue with this trend, as long as we open a long position in the international gold and silver futures prices, we will definitely reap a lot of rewards..."
The excited Ho Chun-ting talked a lot to his father about his so-called technical and data analysis.
This is actually a common character among novices who have just started to trade stocks or futures.
To put it bluntly, some of the indicators or data that they believe in are just information deliberately released by big capital in order to attract you to build positions and buy their designated stocks.
As usual, Huo Yingdong would definitely interrupt his son forcefully when he was halfway through his speech and tell him to go back and reflect on himself and stop dreaming about making huge profits all day long.
But now, knowing that his son has been so depressed and feels that he has no autonomy at all, what else can Huo Yingdong do?
Of course, I can only say that I spent 50 million US dollars to teach my son a lesson at an exorbitant price.
"Fifty million U.S. dollars is now handed over to you. It's up to you how you want to trade futures.
But I have two conditions, you must agree to them."
Huo Yingdong concluded.
"Don't mention it, Daddy. I will agree to all your conditions even if you have a hundred of them."
When Peter Ho, who is in his thirties, gets excited, he speaks like a child.
“First, you must promise me that no matter whether you make a profit or a loss on the 50 million dollars, you will remain calm.
If you make a lot of money, don't get lost in the profits.
Even if you lose everything, don’t be discouraged and completely deny yourself from now on.”
Huo Yingdong stretched out a finger and said.
"No problem! Daddy, I know what you mean, don't be surprised by praise or criticism!
When I was in business school, my professor also told me that investing is a great test of a person's mentality and psychology.
It's not like I haven't seen money before. I promise you, whether I win or lose, I will keep a rational mindset."
Huo Zhenting assured very easily.
"Second point, if you lose this time, you must reflect on it carefully. Then, follow the procedures and prepare to take over the group. Don't think about these unnecessary things anymore. Okay?"
Huo Yingdong's eyes sparkled as he spoke again.
"Okay, Dad. I have no objection to taking over the group's shift.
But before that, I want to prove my ability to you and those uncles.
Otherwise, wouldn’t it be a waste of all the hard work I put in studying abroad and at the University of Southern California?”
After today's struggle, he received his father's "recognition", and Huo Zhenting suddenly felt relieved.
In his opinion, he was able to make hundreds of millions of dollars by following the mainland last time.
This time, the international situation is clearer, and the prices of precious metals such as gold and silver are about to soar. There is absolutely no reason to lose money.
After making the promise in his father's study, Huo Zhenting left with great relief.
"Silly boy!"
Huo Yingdong smiled and shook his head, watching his son leave. "There is no business in the world that is guaranteed to make money! Opportunities that everyone can see are not opportunities, but traps!"
After that, Huo Yingdong picked up the phone and called his futures trading team, and gave a direct order: "Keep an eye on the precious metals category of the London Futures Exchange, allocate 100 million US dollars, and short sell all of them."
It was not until this moment that Huo Yingdong truly understood what he had talked about on the phone with the old man a few days ago. Why the old man was willing to give out 30 million US dollars as tuition for those professors and experts even though he knew that they would suffer heavy losses this time.
“If you lose money, you can earn it again. But the experience of losing money is often more valuable than the money you lost!
Pampering, loving and protecting your child is actually equivalent to killing your child.
I had placed too much hope on Zhen Ting, and it’s time for him to fall into the trap.”
Huo Yingdong sighed and spoke slowly.
…
Continue read on readnovelmtl.com
