"BOSS, our profits in the Japanese financial market this time are enormous." As the chief investment officer of KY Investment Fund, David Anderson could not wait to report his work to Yang Jing.
"Oh? Then tell me about it." Yang Jing put down the chopsticks in his hand with a smile, and put on an attitude of listening attentively.
"Boss, according to your instructions before you left last time, we have been long the Japanese stock market and the yen in the foreign exchange market for the past two years. Boss, I have to say that your judgment is very, very accurate. The rise of the Japanese stock market in the past two years can only be described as crazy, even crazier than the federal stock market before the stock market crash."
"According to your instructions, our Pacific Capital entered the Japanese financial market at the end of the year before last. At that time, the Japanese financial market had hit bottom at the end of that year due to the impact of the federal stock market crash. The Nikkei index in particular was only hovering around 20,000 points. It was at this time that we intervened in the Japanese financial market."
"Then from the beginning of the year before last, the Japanese stock market began to rise wildly. The Nikkei Index nearly doubled from about 20,000 points in just two years, and finally collapsed like an avalanche on the last trading day of last year. Now, although it has only been a month since the collapse of the Nikkei Index, the Nikkei Index has fallen by nearly 5,000 points from its highest point of nearly 39,000 points. According to your instructions, our Pacific Capital began to gradually close all long positions in October last year, and then gradually established short positions from November last year. In the end, we have made a profit of more than 10 billion US dollars in the past month!"
"Well, you've done a good job, but you still need to keep working hard. I once told you that the Nikkei index will probably fall below 15,000 points within three years. So, the next three years will be a good time for our Pacific Capital to make enough profits in Japan." Yang Jing gave David some advice again.
"Yes Boss, I understand what you mean!"
As early as after the stock market crash in the United States, Yang Jing began to shift his focus from the US stock market crash to the Japanese stock market and foreign exchange market. The five years from the beginning of 1988 to the end of 1992 were the best period to obtain huge profits from the Japanese financial market.
To this end, Yang Jing also established Pacific Capital, which is affiliated to KY Investment Fund, and together with Atlantic Capital, it became a hedge investment fund under the name of KY Investment Fund responsible for special hedging.
Atlantic Capital specializes in funds on the US East Coast and European markets, while Pacific Capital specializes in funds on the US West Coast, Japan, the Four Asian Tigers, and Oceania.
The previous KYA Fund and KYE Fund are the predecessors of these two major funds.
Atlantic Capital is currently headed by Niamh Wilson as CEO. After all, the markets on both sides of the Atlantic are much more stable than the financial markets on the Pacific West Coast, and they need a steady financial expert like Niamh to take charge. However, with the first Gulf War about to begin and the collapse of the former Soviet Union, Atlantic Capital, which has been stable for more than two years, is about to show its sharp teeth and gain greater benefits.
The collapse of the Japanese financial market in the late 1980s and early 1990s was a great profit opportunity for hedge funds, and the Asian financial crisis that broke out in 1997 was also a favorite market for hedge funds. Therefore, in the next few years, Pacific Capital needs someone with strong enough control to take charge, so David Anderson temporarily serves as the CEO of Pacific Capital.
David Anderson was responsible for the speculation on the Japanese financial market this time.
Now it seems that the harvest is obviously very good!
Before the stock market crash, Japan's GDP exceeded that of the former Soviet Union and was second only to the United States. This stock market crash will squeeze the marrow out of Japan's financial market, so Yang Jing will definitely not miss such a good opportunity.
And David Anderson obviously did a great job. In just one month, he had made more than 10 billion US dollars in profits by shorting the Japanese stock market.
Now, not only David Anderson, but also several senior executives in charge of investment in the company were extremely surprised by Yang Jing's judgment. If the boss's operation in the stock market crash in 1987 was a godly operation, then the boss immediately became the rhythm controller in the ups and downs of the Japanese stock market this time, as if the ups and downs of the Japanese stock market were all in accordance with the boss's wishes.
The boss said that the Japanese stock market would collapse by the end of last year, and the Nikkei index would not exceed 40,000 points, and it turned out to be true. It was precisely because of the boss's accurate judgment that KY Investment Fund was able to make extraordinary profits in this major shock of the Japanese stock market.
You should know that Pacific Capital's profits this time are not just from shorting the stock market crash. In the past two years, Pacific Capital has been long on the Japanese stock market. In two years, the Nikkei index has almost doubled, and the profits from this are also huge.
This method of reverse and positive, long and short operations has brought Pacific Capital huge profits of more than 50 billion US dollars in the past two years!
And now the boss says that the Nikkei index can actually fall below the 15,000 point mark. Doesn't that mean that in the next five years, Pacific Capital can at least make more than 100 billion US dollars in profits in the Japanese financial market!
This is at the level of hundreds of billions. In this era, this level is almost an unimaginable number!
My dear, there is more to this chapter. Please click on the next page to continue reading. It’s even more exciting later!
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