With a satisfactory answer, Abel left Wells Fargo's center in Los Angeles.He pledged his current cash flow of $6 billion.Coupled with the shares of Bluestar Future, it has obtained a leverage limit of nearly $50 billion.This leverage is actually only five times.Among them, the cash flow on his account is 6 billion.Bluestar Future Wells Fargo is only willing to give $4 billion in collateral.Although the valuation is close to $21 billion.But where will the bank trust the valuation.Let's start with a discount of half of $10 billion.And then on the basis of this $10 billion, the discount is nearly 60%.As a result, only 4 billion in value remains.Counting the total of 6 billion US dollars in Abel's account.Wells Fargo admits $10 billion in margin.Then they gave a quota of 50 billion.Abel accepted.He is ready to short a wave of U.S. stocks tomorrow.This will require a lot of help from Wells Fargo.Otherwise, with his own current strength, even if he has more funds than this 50 billion.It is also difficult to short-sell U.S. stocks on a large scale in the short term!
It takes time to borrow stocks from the merchants.There is no such thing as a big bank like Wells Fargo.There won't be many shares that the big brokers are willing to lend you.And this side of the short.In addition to betting on the index with the bank, shorting requires borrowing stocks from brokers.In fact, Abel thought about making a bet with the bank and betting on the index.But now the market.Unless you are blind and gamblers, who does not know that the three major indices are now a downward trend.The three major indexes of U.S. stocks are not good every day.Banks are stupid to bet on the decline with their customers.Unless you're betting on the big three indices going up.And the betting index time is generally very long.The index of the bet can only be predicted a week later, and the procedures are cumbersome and the interest is also very high.Betting on the index.This is followed by an exponent.There is also a bet in front, and if you want to play this, you must have a bank or brokerage to play with you.The current market.Unless it's a month later.Otherwise, someone from who is willing to play with you.Abel is rich and can predict the future.But the money that can be earned today or tomorrow.Why is it delaying for that long?
It's not the same with shorting stocks.Although it is not as instantaneous as Forex.But in just a day or two.It will also work immediately.Since it is not possible to engage in large-scale wind and rain in the foreign exchange market for the time being.Then come to the U.S. stock market to make the wind and rain!
It's different from the forex market, which has gone a little crazy.The U.S. stock market is even larger.There are more participants, and in addition to the giant crocodiles, there are also more large fish, small fish, and small shrimps.This is much more secure than that.It's not the same with Wells Fargo, a bank close to the top three in the world.Brokerages trust Wells Fargo's money and creditworthiness.In this way, Abel will have more shares.This model is actually very dangerous.One carelessly.The margin of 10 billion may be wiped out in an instant.Except for Soros back then.So far, billionaires with more than $1 billion have not done everything in the stock market.Soros became so famous.In addition to setting Southeast Asia's economy back 20 years.also because he attacked Southeast Asia back then, and he almost gave everything he had.The mortgage borrowed everything he had at the time.Nearly 10 billion US dollars in assets!
That's a net worth of tens of billions in the 90s.That battle, if Soros loses.Even if he doesn't want to die, if he wants to die happily, it's best to die by himself.Abel came in a phantom when he came.When leaving.It turned into a temporary Bell helicopter provided by Wells Fargo for free.Wells Fargo would lend him the S-92 helicopter before he could contact him to buy it.It is a free welfare service for him, a high-end customer.The Bell helicopter has only six seats.The longest cruising range is 600 km.There is an extra 100-kilometer flight from Los Angeles to the company and hotel in the Bay Area.Sit on the plane.Abel touched the leather seat of the helicopter with some curiosity.It was his first time flying in a helicopter.Except for the strange feeling when it was just lifted off.As well as the shock of post-concussion when flying in the air, the comfort is not as good as that of the Phantom.It's no different.Transportation only.Sitting up is also much less comfortable and quiet than a car on the ground.I just don't know how big the S-92 is, and it is said that the comfort is also the strongest among the civil helicopters, and how the oversized helicopter sits.After getting on the helicopter.Originally, it was about four hours by car.It was shortened to two hours.It was just getting dark.Abel returned to the Bay Area.In a high-rise suite at a Hilton hotel.Fila happily greeted her man.Abel went to Los Angeles for a "business trip" this time.But I went for almost three days, and I didn't come back here for three days.If it weren't for the fact that Abel's company was here in the Bay Area.Phila was going to think she was abandoned.Gornetty and little Eve were also delighted.They live in such a fancy hotel.Eating such high-class food.Say what you want to wear, and someone will send it.They don't have to go downstairs themselves.There was also news from Andrés's side.The boss generously paid a settling-in fee.Almost every Basque who joins Orange Red Security receives the first $10,000 settling-in payment.Their lives have changed a lot better.Naturally, Gorneti was happy.She felt that she had made the right choice.Such a life is like heaven for them.But Abel wasn't there.They enjoy this life as if they have no backbone.Nervousness and uneasiness.Abel is back.Naturally, they were happy.After having dinner with two women and a little girl.I sat on the sofa in the living room of the hotel and watched TV for a while.Let's chat.Abel mentioned during the period.The Los Angeles villa has been bought.A short-term rapid correction is underway.Up to another week.You can move to a house in Los Angeles.Women and girls are naturally happy.That same evening.A long absence is better than a newlywed.Fira was devoted.What kind of valley road hot intestines, girls eat popsicles, ride horses and whips, butterflies fly sideways, female bodhisattvas sit on lotus flowers, and so on.A man with a bad heart.Deliberately closed the door to his room not so tightly.It turned out to be the middle of the night.A certain beautiful wife who habitually gets up to drink water at night because she heard a strange sound of oooh oh.opened the point of no return for the fall of a beautiful wife.The girl Fila didn't think of the secret of her boudoir with her lover.Since then, there has been one more voyeur.Abel found out.But he did it on purpose.