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"Too much, Ray, and I'm not going to run a big hedge fund."
Simon's understanding of the financial market is limited to the knowledge accumulated in the operation in 87 and the future macroeconomic trend in his mind.
For small-scale capital operations, he can put all his chips into the field of financial derivatives such as stock index futures that he can understand based on the information he has.Involving billions of dollars in capital operations, a single financial product certainly cannot carry it, but his understanding of other fields such as foreign exchange and bonds is pitiful, and he has no time to learn these now.
"I probably understand your scruples, Simon," Raymond Johnston said, "However, the commander of an army does not need to have superb riding skills, nor does he need to be a marksman. , just use your own strategy to command thousands of soldiers who are proficient in these subtle skills to win a war. The same problem you are facing now, you have a forward-looking and overall view that is difficult for others to match. As for those specific and subtle things, You can get someone else to do it."
When Simon heard Raymond Johnston's words, he immediately understood where Janet's character trait of "the superior works hard for others" came from.
There was a smile on the corner of his mouth, and Simon said again: "However, Lei, I can't find anyone who is trustworthy and capable of operating this fund in a short time. James can only help me keep an eye on the existing trading team. He doesn't know any more about it than I do."
Raymond Johnston said: "If you just nod, I can recommend some people for you."
In the 80s, Australia's economy was still small, but with the background of the Johnston family, it was obviously not a problem to find some reliable financial talents.
Simon leaned on the sofa, thinking about it in his mind.
To accept this $10 billion in funding, Simon needs to control $15 billion in capital.
The larger the size of a hedge fund, the more difficult it is to achieve a high profit margin. This is the disadvantage of accepting external funds.
However, although the issue of commission was not mentioned, it is naturally impossible for Simon to help with such a large amount of funds for free.The fees charged by hedge funds are very high. The usual practice is 2% management fee and 20% profit share. With Simon's current appeal, he can even further increase the commission ratio.
In any case, it is quite exciting to think about controlling a huge amount of funds of more than one billion US dollars to maneuver in the financial market.
As for success or failure.
To use an argument in memory, the Japanese stock market is now an outlet, as long as you look in the right direction, pigs can fly.
What's more, Simon is not afraid of failure in his bones.
Simon also didn't think he could run a hedge fund as an outsider, and there are a lot of amateurs in this circle.In comparison, those who are really experts are all working for others.As Raymond Johnston said just now, professional things are left to professional people, and you only need to control the overall situation.
In terms of time schedule, the time difference between Melbourne and Tokyo is only one hour. During this period of filming "Batman" in Australia, Simon can keep an eye on the trend of the Japanese stock market at any time.
If the Japanese stock market goes as Simon remembers, it will take until the end of the year to peak and turn lower.
Simon plans to relax for a while after finishing production on "Batman" and let go of company affairs as much as possible, at least not as busy as he is now.At that time, he can also spare more time to continue to stare at the follow-up operation of the money.
After making up his mind, Simon looked up at Raymond Johnston.
Raymond Johnston didn't disturb Simon's thinking just now, realizing that he had made a decision, the old man put down the coffee cup in his hand and looked over.
After reorganizing his thoughts, Simon said: "Lei, our own funds can be combined and operated together. But for outsiders, if they want to join in, my condition is that the profit is within 30%, and I only charge 20%." Revenue sharing is used as commission. If the profit exceeds 30%, then the commission ratio increases to 30% for the portion between 100% and 30%; for the portion of the profit exceeding 100%, I require a 50% commission. Unlike other long-term operations Hedge funds, this operation in the Japanese market is a one-off, maybe one year, maybe two years. As long as this matter is over, I will choose the right time to liquidate all the funds to investors."
The impression that hedge funds give to ordinary people often means huge profits.
But in fact, the goal of most hedge funds is to outperform the market, and there are very few funds with annual interest rates exceeding 30%.
Raymond Johnston generally understood this, so he was not surprised by Simon's conditions, and he even took it for granted.
With 15 billion Australian dollars in funds, let alone more than 100% profit, even if it can double in the next one or two years, everyone will be satisfied.
In fact, the net profit of the entire Johnston Holding Group last year was less than 2 million Australian dollars, and the annual profit scale of the companies behind the other investors is probably the same.
With normal investment methods, a return of [-] to [-]% a year is already very good.
If it can really be doubled, it is actually equivalent to everyone getting their company's profit for a year for nothing.In this case, no one would be willing to pay a higher commission.
As for the profit exceeding 100%, Raymond Johnston does not have any expectations. He also knows that the larger the size of the hedge fund, the harder it is to achieve a high profit rate.
There are only so many opportunities in the financial market. A small fund with tens of millions of dollars can double it several times a year if it seizes the opportunity. This is probably the case with Simon's operation in 87.However, large-scale hedge funds with hundreds of millions of billions of dollars must diversify their investments, which will inevitably lead to losses in investment, and it is impossible to maintain too high a profit rate.
Raymond Johnston did not accept money from outsiders at will, without screening.
For the expected amount of money, except for some special partners, the investment threshold for others is set at 1 million Australian dollars by him. Those who cannot afford such a large amount of money or cannot afford to lose will be directly excluded. My son-in-law must not cheat of.
Therefore, Simon proposed these conditions, and Raymond Johnston immediately nodded and agreed.
As for Simon's words of combining the funds of the Johnston family with his own and not talking about commissions, Raymond Johnston did not refuse this kindness.Both of them have acquiesced to their respective family identities, so there is no need to be so polite.
However, it would be even better if this kid could marry his daughter as soon as possible.
Worry.
After sending Simon away, Raymond Johnston called his eldest son and asked him to start helping Simon select some available people. By the way, he asked the younger sister who said she was in a bad mood after the New Year and gave up her picks. She came back from Europe No.
This is also a worry.
The beginning of the year is the busiest time for the financial department, and the company's operations in the past two years have not been smooth. As a financial officer, if you say you don't want to work, you won't work.
It would be great if I could really get a son-in-law back from the vacation, but I would be alone every time.
When my father passed away, I was still talking about my little sister. Now that I am like this, how will I explain to my parents in the future.
Feeling a little angry thinking about it, Raymond Johnston simply found a contact method and dialed London.The other side got connected, and after chatting for a few words, I couldn't suppress the anger, and strictly ordered the woman over there to return to Melbourne next month, or I would fly to London to arrest her and so on.
He also repeatedly warned, but this time he was serious.
Simon returned to the center of Melbourne, and the major stock and commodity exchanges in Asia all ended their trading for the day.
Affected by the news that Simon Westero is optimistic about the Japanese stock market, the trading volume of stock index futures contracts on the two major exchanges in Singapore and Osaka increased significantly after the opening bell today, and even many types of futures that have nothing to do with Japan were stimulated.
At the same time, the Japanese stock market is also rising across the board today, and a large number of stocks have achieved their daily limit.The Nikkei 225 index rose 613 points throughout the day, accumulating 31992 points, an increase of 1.9%.In fact, if it weren't for the price limit of the Japanese stock market, the single-day increase of the broader market index would definitely not stop there.
The launch of Nikkei 225 Index futures is actually less than 3 years old, and the price is far higher than many other types of futures. Usually, powerful institutional investors participate in the trading.However, due to the high growth of the Japanese stock market, the trading volume of Nikkei 225 index futures has increased rapidly in recent years.
Many analysis agencies originally predicted that the total trading volume of Nikkei 225 index futures this year will reach 500 million lots, involving more than 1000 billion US dollars.However, because of the turmoil caused by the "Wall Street Journal" article, just today, the trading volume of the Nikkei 225 index futures on the two major exchanges in Singapore and Osaka exceeded the 6 lot mark.
Some people follow the trend to build positions, some go short against the trend, and some cut their positions and flee.
Simon, who caused the storm, did not take any action. He just checked today's settlement statement immediately after the market closed.
After the last Black Monday margin crisis, major exchanges have adopted a daily debt-free settlement system. Investors no longer need to settle the final profit and loss when buying and selling like buying and selling stocks.
Now, after the end of trading every day, the exchange will calculate the profit and loss data of the investor's contract and transfer the cash.
The Nikkei 225 index contracts held by Simon on the Osaka Stock Exchange have increased to 6000 lots. Therefore, he earned 36 billion yen, equivalent to 7800 million U.S. dollars, in just one day today.
With a principal of US$2 million and a profit of close to 1% in one day, Simon was not too happy.
The Nikkei 225 index rose 613 points in a single day, which is close to the increase in the past month.If it is still calculated according to the limit of 38000 points in memory, Simon's follow-up funds may not be in place, and the Japanese market has already peaked.
It would be very sad if this situation continues.
Chapter 237 Financial Report Released (Revised)
Los Angeles.
The 1th Golden Globe Awards Ceremony held on January 28 has completely become a joke in the eyes of many people.
Although there is no clear rule, in the practice formed over the years, there are usually five nominations for one award in the selection of film awards.
However, this year's Golden Globes completely let themselves go.
There are seven nominations for the best film in the drama category; six nominations for the best director; six nominations for the best supporting actor; even for the best original song in the technical category, there are still six nominations.
The film awards of the Golden Globe Awards are not as comprehensive as the Oscars. Four unconventional nominations appeared at one time, which made the organizers of the Golden Globe Awards, which have been criticized for various scandals over the years, look even more unprofessional.
If a series of unconventional nominations is just ridiculed, the final random award results completely make the Golden Globes the target of a large number of media attacks.
It is not uncommon for film awards to have double yolks. The competition between two films of equal strength is too fierce, and the judges will divide the awards equally, which sometimes becomes a good talk.
But, three yolk eggs, have you seen them?
Five nominations, three winners, how embarrassing for the other two?
This happened at the Golden Globes.
And there's more than one.
Counting the TV awards, there were two 'three-yolk eggs' and three 'double-yolk eggs' at the 46th Golden Globe Awards Ceremony.When the three actresses, Sigourney Weaver, Jodie Foster and Shirley MacLean, who won the Best Actress in a Drama Series at the same time, stood on the podium together, in the live camera footage, the audience was full of Embarrassed.
Then a series of three-yolk eggs and double-yolk eggs came one after another, and everyone was numb with embarrassment.
Moreover, the results of the awards were completely unconvincing.
The best picture in the drama category was awarded to the biopic "The Fog" starring Sigourney Weaver. "Dead Poets Society" regrettably lost the election, and the organizers of the Golden Globe Awards have already clarified that "Rain Man" did not apply for this year's awards, which is still reasonable.
"The Mist" is indeed an excellent movie.
However, Best Picture, Musical Comedy, was awarded to "Working Girl," which surprised everyone.
In the initial nomination stage, Mike Nichols, former director of "The Graduate" and "Spiritual Desire", won a nomination for his new work "Working Girl", which has already caused some controversy. Both "The Graduate" and "Spiritual Desire" are classics, but "Working Girl", a business war movie that clearly followed the trend of "Wall Street" last year, is very mediocre, and its nomination is completely unworthy of its name.
Compared with "Wall Street", which is extremely professional but never obscure, "Working Girl" just tells a very old-fashioned workplace story.
The clerk Tessie (Melanie Griffith) provides a business plan to the female boss Catherine (Sigourney Weaver). Catherine claims that the plan is invalid, but actually wants to occupy the idea.Tessie discovered the truth by accident, and pretended to be her boss to directly contact the target company, and met Jack (Harrison Ford), an executive of the other company.Tessie and Jack spark, and with Jack's help, Tessie gets a promotion and Catherine gets fired.
that's all.
"Wall Street" has professional business confrontations, fierce intrigues, and Gordon Gekko's "Greed is Good" that blatantly shows the greedy nature of capital.As for "Working Girl", probably only Mike Nichols won the Oscar for Best Director 20 years ago with "The Graduate".
The other four films that were nominated in the same period, in addition to Universal's not-so-good "Midnight Run", the other "Who Framed Roger Rabbit", "A Fish Named Wanda" and "Future Leap" are obviously better than "Working Girl" is excellent.Not to mention Daenerys Entertainment's "When Harry Met Sally" and "Steel Magnolias," both of which are clearly eligible for Best Picture Musical Comedy but didn't even get nominated get it.
In the face of intense controversy, the organizers of the Golden Globes can only explain publicly that "When Harry Met Sally" also did not declare a nomination.As for "Steel Magnolia", the jury thought that this film was more of a drama genre, so it did not give a musical comedy nomination.
Barbara.
Daenerys Entertainment did not come away empty-handed at the Golden Globes, where someone was obviously over-stretching in public relations. The Best Director for "Dead Poets Society" and the Best Supporting Actress for "Steel Magnolia" have reached Simon's expectations were met, and he didn't feel any dissatisfaction.
In Simon's view, film awards that can be manipulated by influence are good awards.If it is too fair, it will be very troublesome.
Of course, this kind of indifferent attitude must not be shown.
Not only that, in order to put pressure on the upcoming Oscars, Daenerys Entertainment also launched a public opinion offensive at the right time, complaining about the unfair treatment of the company's films at the Golden Globe Awards.
This strategy is usually very effective.
Just like in the original time and space, because no black people were nominated for a certain Oscar, someone jumped out and shouted a few times, so in the second year, an all-black production team was immediately given the best film, and all directors and actors were nominated for awards. Black people also appeared, and a few statuettes were taken away. The proportion is astonishingly high.
Then, on Wednesday, August 2.
The nominations for the 61st Academy Awards have been officially announced.
"Rain Man" produced by Daenerys Entertainment won 8 nominations including Best Picture, Best Director, and Best Actor.
Moreover, Simon's own name also appeared in these eight nominations, and the nomination award was the best soundtrack.Because Hans Zimmer, who was not yet famous, could not be found, after taking over the later stage of "Rain Man", Simon completed the soundtrack of the film himself referring to the version in memory.
"Dead Poets Society" also successfully won two nominations for Best Director and Best Actor.
In order to avoid competition with "Rain Man", Daenerys Entertainment voluntarily gave up the best picture application for "Dead Poets Society", but the other application for best original screenplay was not shortlisted.
In addition, the company also declared 3 nominations for Best Original Screenplay, Best Actress, and Best Supporting Actress for "Steel Magnolia", but only Julia Roberts received the Best Supporting Actress nomination, and the other two nominations were also nominated for Best Supporting Actress. fall through.
Calculated, Daenerys Entertainment has won a total of 11 nominations at the upcoming Oscars.
Such achievements are not conspicuous. Warner has obtained a total of six films including "Dangerous Liaisons", "The Accidental Passenger", "The Mist", "Rookie Parker", "Beetlejuice" and "Nothing". 19 nominations.
However, except for Sandra's "Dangerous Liaisons", which featured 7 nominations, the other films basically received non-core nominations.
On the other hand, because Orion still focuses on "Mississippi Burning" in public relations, "Pulp Fiction", whose copyright is in the hands of the other party, only received one John Travolta nomination for Best Actor this time. The Golden Globes are also missing a screenplay nomination.
As the winner of the Cannes Palme d'Or last year, "Pulp Fiction" has no doubts about its reputation and box office.
After returning empty-handed at the Golden Globes, it was ignored by the Oscars, and many media couldn't help complaining about the film.Because of this Oscar nomination, Mike Nicholson's "Working Girl" still gained a lot, winning a total of 6 nominations including best picture and best director.
A film critic for Variety sharply criticized the Golden Globes and the Oscars organizers for consolidating a film with "Rain Man," "Pulp Fiction," "Dead Poets Society," "A Line Named Wang" after the Oscar nominations were announced. The super "big year" of a large number of excellent films, such as "The Fish", "Who Framed Roger Rabbit", "When Harry Met Sally", etc., was forcibly downgraded to a mediocre film by its own insider-filled awards selection 'Xiao Nian'.
The critic also unabashedly pointed the finger at the Writers Guild of America.
Careful people can easily find that, in addition to the well-received "Rain Man", "Dead Poets Society", "Steel Magnolia", "When Harry Met Sally" produced by Daenerys Entertainment, especially Simon himself " None of the other films, including Pulp Fiction, were nominated in the screenplay category.
Simon Westero, as the best young screenwriter in the 80s that is about to pass, has not even been nominated for two consecutive years, which is simply a joke.
The judges for the Oscar Screenplay Awards are basically members of the Writers Guild of America.
Daenerys Entertainment's hit reality show "Who Will Be a Millionaire" nearly derailed last year's strike by the writers union, and while the strike was successfully settled, the deal was also severely curtailed.
Under such profound contradictions, the Screenwriters Union did not ignore "Rain Man", it was already giving itself some leeway. Other films under Daenerys Entertainment, such as "Pulp Fiction", naturally don't expect any nominations.
Of course, as the strength of Daenerys Entertainment further increases, the conflicts between the two parties will gradually resolve.
At the end of the day, the relationship between a screenwriter and a studio is always one of employee and boss.It is about their own jobs. Whether they want to or not, most of the time people have to choose to forget or pretend to forget, and then compromise.
The turmoil in Japan's financial markets has not affected Daenerys Entertainment's operations.
After the announcement of the Oscar nominations, Ella Deutschmann began the final stage of the sprint public relations.
At the same time, Daenerys Entertainment also released the first movie of the new year on February 2, Catherine's second theatrical feature film "Blue Angel".
Compared with blockbuster films such as "Rain Man" that are still steadily reaping box office, "Blue Angel" has a good reputation from film critics, with an average of 7 points, but the box office is a bit lackluster.In the first week of its release, "Blue Angel" only earned a box office of US$1121 million on a total of 381 screens in North America, and the total domestic box office is expected to be only about US$800 million.
The final production cost of "Thunderbolt Blue Angel" is 1000 million US dollars, and the publicity cost is about 350 million US dollars. The North American box office of $800 million, including other distribution income, is also destined to lose millions of dollars.