Zhao Hao was stunned when he heard this. He had only talked to Jiang Xueying about short selling.
Unexpectedly, she was able to draw inferences from her experience and actually came up with a spot forward trading contract.
We already have forward trading contracts, so is the futures market far behind?
"That's amazing!" Zhao Hao gave a thumbs up and praised Jiang Xueying sincerely, "You are the most business-minded person I have ever met!"
"Brother is it." After a new round of business flattery, Jiang Xueying asked softly:
"What I want to ask you is that I found that I can sign a contract with the buyer at any time of the year in this way. Does this mean that I can directly use the buyer's money to buy grain from Huguang without spending a penny of my own money?"
"In theory, it is possible." Zhao Hao nodded and said, "But once you don't have spot goods, the risks will return - once Huguang encounters floods, droughts, locust plagues, and grain prices rise, it is very likely that you will not make any profit, or even lose all your money."
"Is that so..." Jiang Xueying understood immediately after hearing it, and sighed softly, "I took it for granted. There is really no need to take such a risk."
"In fact, it's very simple to not take risks. Just be neither a buyer nor a seller. Use your reputation and connections to guarantee forward contracts between buyers and sellers. As long as there is enough trading volume, you can make a lot of money just by collecting agency fees." Zhao Hao smiled faintly and said:
"Forward transactions are based on credit. As long as you have enough power to punish those who break their promises, you can have this golden rice bowl."
"A golden rice bowl?" Jiang Xueying blinked. She only regarded the forward contract as a means of hedging risks, and she didn't expect that there would be profit in it.
Moreover, how much money should a business that is regarded as a golden rice bowl by Brother Zhao make?
Before they knew it, it was dark and the servants of the Ye family began to light lamps everywhere.
Only then did the two realize that they had been bragging the entire afternoon.
"What can you do?" Zhao Hao asked casually as he walked back.
"I can't do it..." Jiang Xueying said dejectedly: "This is not money that Wu Ji can make. Only Dongting Chamber of Commerce has the strength to do this."
"Dongting Chamber of Commerce." Zhao Hao suddenly remembered that his former defeated opponent Liu Yuanwai seemed to be the vice president of Dongting Chamber of Commerce.
Thinking of this, he smiled and encouraged the little girl, "He can take her place."
"Pfft..." Jiang Xueying was amused and laughed. That smile was so charming, just like a blooming night-blooming cereus in the darkness. "Brother, you are joking."
"It's important to be down-to-earth, but you still have to have dreams." Zhao Hao laughed and said, "Otherwise, what's the difference between you and salted fish?"
"Well, I'll do my best." Jiang Xueying couldn't help laughing and quickly covered her mouth with a handkerchief. "I can't guarantee whether I can do it or not."
"You can try it out on a small scale at Wuji first and gain more experience." Then Zhao Hao whispered, "When the time is right, we can do something big together."
"Okay, I understand." Jiang Xueying's eyes sparkled in the night when she heard that.
~~
After returning, Zhao Liben and Ye were waiting for them to have dinner.
Seeing the two of them coming back talking and laughing, they looked much more intimate than before they went out. The two elders smiled at each other, feeling very relieved.
As they were afraid that the snow would get too light, they did not dare to say anything more and just happily asked the two to take their seats and eat.
"Where's my father?" Zhao Hao washed his hands with the help of the maid. "Drunk again?"
"Is there any need to ask?" Zhao Liben rolled his eyes and said, "Don't mention that boring thing!"
"..." Zhao Hao quickly shut up. He didn't expect that after coming to Yangzhou, the old man would dislike his father even more.
After the four of them had dinner and chatted for a while, Zhao Liben took Zhao Hao back to his garden.
Ye and Jiang Xueying naturally stayed here.
Xueying also asked Zhao Hao to allow Qiaoqiao and Ma Xianglan to stay with her for one night.
They met at the beginning of the year and were said to get along well.
Zhao Hao naturally agreed.
After seeing the father and son off, Ye first asked the maid to take Qiaoqiao and Ma Xianglan to wash and remove their makeup, while she and Jiang Xue went to the embroidery building and said with a smile, "We walked for the whole afternoon, and it seems that we had a very good chat."
"I asked my brother a lot of questions, and before I knew it, it was dark." Jiang Xueying sat in front of the dressing table, taking off the exquisite hair accessories on her head one by one.
Although the little face in the mirror still looked calm, Mrs. Ye could tell from her relaxed brows that her granddaughter was in a very good mood.
~~
On the other hand, Zhao Hao didn't have such an easy time.
Zhao Liben asked him all kinds of questions and he would not stop until he explained all the details clearly.
Zhao Hao was very annoyed, but he couldn't do anything about the old man, so he had to explain what he had said honestly.
"That's it?" Zhao Liben said in disbelief, "You really spent the whole afternoon talking about business?"
"Uh..." Zhao Hao thought to himself, it's worthless if you say that. "You can say that."
"Then you and that vicious woman's daughter..." Zhao Liben asked unwillingly, "Do you also talk about this all day long?"
"That won't happen. Mingyue is not interested in business." Zhao Hao smiled and said, "Let's talk about science."
"Is this how you get along with girls?" Zhao Liben stared in amazement, "Aren't you wasting your time?"
"Grandpa, what are you talking about?" Zhao Hao also widened his eyes and asked back, "Talking about serious matters is also called a waste of time? Then what is not a waste of time?"
"Hey, kid, you won't understand even if I tell you." Zhao Liben sighed in frustration, "What does your father do for a living? He can't teach you with his limited skills. I'll teach you slowly when I get back."
"Thank you first." Zhao Hao laughed dryly and thought to himself that this was really my weakness. Could it be that I was the legendary straight man?
When Zhao Hao thought about the possibility that his family's ancestral craftsmanship might be lost, he felt very sorry for his great ancestor and quickly changed the subject:
"By the way, Grandpa, I heard from Xueying that there are changes in my father's plan to go to Wu County?"
"Yes, there are changes." Zhao Shouzheng nodded, confirming Xue Ying's news:
"For the whole six months, they have been watching you and your father and Xu Ge Lao's excitement, praising you two for being brave and tough, and being two real men. But they can watch you two cause trouble elsewhere, but if you two go to Suzhou, they will be the ones who suffer. Who can stand this?"
"Hey, I didn't expect that the news was so well-informed." Zhao Hao scratched his head in frustration. Isn't it said that the news was blocked in ancient times? Why does it feel like the spectators in the Ming Dynasty are not lonely at all?
"Suzhou City has the most business people, the most wealthy people, and the most officials, so news spreads the fastest." The old man said, "Let them do whatever they want. They can't leave Suzhou Prefecture anyway."
"Suzhou Prefecture is huge, with seven prefectures and counties." Zhao Hao said, not knowing whether to laugh or cry, "Aren't you afraid of my father? Are you going to let him throw you into the hot pot and cook you?"
"Just throw it into the hot pot!" Zhao Liben snorted coldly:
"You also know what kind of person your father is. The fact that he got the top spot by chance only means that he was lucky. It doesn't mean that a wild chicken can suddenly become a phoenix, or that a stupid woman can suddenly become a clever daughter-in-law!"
"Hey..." Zhao Hao thought to himself that it was true that no one knows a son better than his father. This young master had no way to refute it. He hurriedly defended his father, "Father has made great progress."
ps. Second update, please give me monthly tickets and recommendation tickets~~~