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Chapter 495 Vanguard Fund

It was September 1, 1987 when Yang Jing traveled to the United States.

The last time he traveled through this time and space to push KY Fund and six other offshore companies to the front desk was at the beginning of 1987. Cesar and his team made a big profit in the just-concluded round of USD-Yen operations, following Yang Jing's instructions, and the final yield was as high as nearly 300%.

The amount of funds of the Dragon Fund also increased rapidly to more than $13 billion.

The Dragon Fund has made huge profits through two speculation operations, but because Yang Jing has been concealing the Dragon Fund before, this fund is not famous at all in the financial industry.

Now the Dragon Fund has grown into a giant investment fund that is enough to resist any risks, and there is also a bug in Yang Jing, a historical and various speculative projects, so Yang Jing decided to start pushing the Dragon Fund to the forefront.

Of course, this push to the front is not to completely expose the Dragon Fund. The Dragon Fund is still hidden behind it, and what appears to the public are the seven offshore companies registered in the Cayman Islands.

Among them, KY Fund is an offshore fund specially used by the Dragon Fund to invest in, while the remaining six offshore companies are mainly engaged in acquisitions, which are to acquire stocks of major companies in the world and companies with great growth potential in the future.

Yang Jing knew very well that it would not be enough to have money in the future, you must have a considerable status.

Political are not Yang Jing's territory, so he must open his doors in the financial world. If he wants to gain enough political and social status through the financial world, then becoming a major shareholder of major companies is undoubtedly an extremely favorable and convenient way.

But except for those IT companies that have not yet developed, such as Microsoft, Oracle, Cisco and other companies, it is not so easy to invest in those established companies.

These old companies are deeply rooted in their own right, and most of the people who hold shares behind them are big figures with great backgrounds. If they want to get more shares from them, it would be almost unimaginable if they were in normal times.

However, the stock market crash that occurred in October 1987 gave Yang Jing the best opportunity.

The stock market crash is a tragedy that is like a natural disaster for most investors, investors and even investment institutions, but for the very few people who seize the opportunity, it is a pie falling from the sky and a feast.

Obviously, the stock market crash that occurred in October was a luxurious feast for Yang Jing.

He comes from the future, and of course he knows the detailed and key nodes of this stock market crash. He doesn't need to do anything else, he just needs to follow the general trend and follow the flow.

Speculation is speculation. Don’t go against the trend, otherwise it is not called speculation, it is called death.

The first two speculations, whether it is speculation on London gold or exceeding the US dollar or Japanese yen exchange rate, were all speculations by Yang Jing after he became familiar with the key details of these two speculations. Whether it is London gold or the foreign exchange market, it is never a person who can make up all his interests. No matter how capable a person can, he can only obtain a small part of it. Most of the benefits still fall into the hands of many financial tycoons.

These financial tycoons may not count anything compared to Yang Jing now, but if a group of tycoons gather together, let alone Yang Jing, even the US government will not be able to stand it.

Therefore, following the trend and eating meat quietly behind the scenes is the most correct way to operate.

Before Yang Jing left last time, he talked a lot with David Anderson, CIO of the Dragon Fund. As a result, this guy is worthy of being a senior financial talent who once served as the Minister of Investment at Goldman Sachs. Although this person's emotional intelligence is indeed questionable, this guy's keen vision in investment, even Yang Jing, a person from the future, has to admire him.

After more than half a year of investment, David Anderson has now made huge profits in the stock market with the cooperation of Dragon Fund CEO Henry Williams and Dragon Fund CFO Amanda Pitrus.

Before the "Black Monday" on October 19, 1987, investors and investors who bought stocks on the US stock market had almost no compensation.

From the beginning of the year in 1987 to the arrival of Black Monday, you can get at least 50% net returns if you buy a stock on the US stock market.

If you are a slightly smart trader, it is absolutely fine to obtain more than 100% of the profits from the stock market.

As for investment experts like David Anderson, if the yield in ten months is less than 200%, it would be a failure.

When Yang Jing met David Anderson again, he was talking on the phone with an important customer. Yang Jing waited for about twenty minutes without any haste. David Anderson then put down the phone.

"Sorry, BOSS, this phone call is very important. Some things must be explained in the phone first, and then a formal meeting can be held tomorrow. BOSS, what to drink? Black tea? Coffee?"

"David, just give me a cup of coffee, don't have sugar and milk."

David Anderson then pressed the telephone and said a few words to the telephone. After a while, a blond girl with long legs walked in with two cups of steaming coffee.

"BOSS, why do you have time to inspect?" David Anderson asked after Yang Jing took a sip of coffee.

"Time is coming soon, I have to come over and see how you have been doing for half a year before you can decide on your plans later."

Hearing Yang Jing's question, David Anderson immediately smiled. "BOSS, our results have been remarkable in the past six months. According to the plan you formulated at the beginning of the year, we have now achieved enough profits in the stock market, especially in stock index futures. At the same time, we absorbed a sufficient number of stocks when the stock prices of major companies at the beginning of the year. At the same time, we have carried out more radical operations on some small-cap stocks. The main profits at the moment come from those small-cap stocks and stock index futures."

After a pause, David Anderson continued: "And now Pioneer Fund has come to us and wants us to become their partners. The phone call just now is that Mr. John Bowger and I are discussing the entry of Pioneer Fund."

"Vanguard Group?" Yang Jing asked in surprise.

"Yes, it's this fund. Why, BOSS, is there anything wrong with it?"

Yang Jing shook his head, "No, I'm just curious how Pioneer Fund found us."

"BOSS, this is normal. In the past six months, our KY investment fund has been the most popular giant fund in the US stock market. Not only John Bogle, but also George Soros of Quantum Fund, Julian Robertson of Tiger Fund and Henry's senior brother Warren Buffett have all contacted us. The amount of funds we have in hand is something they like very much."

"Buffett contacted us, too?"

"Yes, as you instructed, we had contacted Buffett many times at the beginning of the year, and finally acquired about 11% of the shares from him and other shareholders of Berkshire Hathaway at a price of 10%. Our KY Fund is now the second largest shareholder of Berkshire Hathaway. And our capital volume is very large. It would be abnormal if Buffett did not contact us on his own initiative."

"Well, I can maintain a good relationship with Buffett." Yang Jing nodded, "As for George Soros and Julian Robertson, whether it is KY Fund or Dragon Fund, it is best to stay away from them. These two guys are too unruly, especially George Soros. His butt is not clean and has a close relationship with Washington. David, we are in investment and speculation. We are those who have a lot of relationships with the government behind it, so we should stay away from them."

After hearing Yang Jing say this, David Anderson was shocked, and then breathed a sigh of relief and said, "Fortunately you came early, otherwise I might have cooperated with George and Julian."

"Don't cooperate deeply with anyone! Our Dragon Fund is already strong enough, and we don't need to look at anyone's face. Limited cooperation can do so, but we must never let the Dragon Fund lose its transcendent neutrality. We are speculating. If we lose our neutral attitude, it will bring unpredictable disasters to our speculative actions."

"BOSS, I understand what you mean." David Anderson said sincerely.

"David, the cooperation with Pioneer Fund can be carried out. It is not impossible to become their partners, but we must maintain our own independence. Well..." Yang Jing quickly thought about some information about Pioneer Group in his mind, and gently tapped the handrail with his right index finger on the sofa. "You can put Pioneer Group in front, but as for which company to invest, we must decide for ourselves. It is their business to be willing to invest with them, but we must ensure the investment shares in our hands."

"clear."

Yang Jing nodded with satisfaction.

In the original space and time, Pioneer Group has developed into the second largest investment fund in the world and is also the world's largest non-fee fund family. The investment assets custodial under its name are close to US$4 trillion.

This investment fund, founded in 1975, has an incredible development speed in the future. Although the fund itself has not much assets and market value, the scale of investment participation of this fund is extremely amazing.

The Black Rock Fund, the world's largest investment fund in the future, has not been established yet. BlackRock Fund will not be established until next year. Therefore, it may be a good way to hide the Pioneer Group now.
Chapter completed!
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