Tao Liangchen
Chapter 806 Black Swan
He had six missed calls, including from Zheng Yongwen, Zhuang Wei's assistant, and John Zhou.
Unable to reply to each one individually, Su Yehao only instructed Zhuang Wei's assistant on a few matters.
He asked Zhuang Wei to immediately recall the analysts, consultants, and trading managers who had already left work, have them assess the impact of the old Americans sending troops, and prepare in advance to take short positions on airline and oil stocks, and long positions on gold futures, when the trading day came.
The Dow Jones, NASDAQ, and S&P indices were sure to plummet when the market opened next week. Combined with the existing bubble in the US stock market, the decline would likely exceed expectations, falling by at least ten percent.
Although it was unlikely that he would personally dive in to make money, Su Yehao could entrust some of his funds to the asset management company to manage and indirectly profit. It would be best to go through shell companies registered in tax havens and find a few agents to come forward.
As for commodity futures, they didn't necessarily have to be traded in New York.
As long as the movements weren't too big and he didn't foolishly jump out and court death, there wouldn't be any problems.
After returning to the Sheraton Hotel, Su Yehao first found a member of the delegation to ask for information. The other party only replied that they had received the news and there were no plans to change the meeting arrangements later.
This made him breathe a sigh of relief.
As long as the documents were successfully submitted, joining the WTO would be a certainty. The events in New York had only occurred half an hour ago. The news still needed time to ferment, so he should still have enough time.
Even Su Yehao was caught off guard by this sudden "black swan" event, having made no preparations in advance.
Back in his hotel room, he turned on his laptop and went online.
After searching for keywords on Google, Su Yehao found numerous news reports about the Twin Towers being struck by planes one after another. He could even see pictures from the scene. Thankfully, Qatar was a developed country, not only extremely wealthy but also sparsely populated, with widespread broadband access, so the internet speed in the hotel was fast.
Today was Saturday, evening in Qatar.
Except for foreign exchange, all major global markets had already closed. It wasn't within the trading hours of the London Futures Exchange or the New York Futures Exchange either, which meant there was still an opportunity to prepare...
The last time the Twin Towers collapsed, they were still burning.
Su Yehao was refreshing the latest English news when his old man came to visit.
Linda Yun had just helped open the door when Su's father, full of curiosity, asked, "I was chatting with friends in the lobby just now and waved to you, but you ignored me? What are you busy with all day long? Have you prepared the off-road vehicles for our road trip to Saudi Arabia? Or should I go rent a few now?"
"...Haven't you heard? The news should have exploded outside already. Something so big suddenly happened. How can I be in the mood to go on a road trip with you?"
Feeling like he'd missed something important, Su's father blinked and asked blankly, "What's going on? What big thing happened?"
Su Yehao turned the computer screen to face his father.
Su's father peered closer and said unhappily, "Aren't you just making fun of me for not being well-read? It's all English. Do you think I can understand it?"
"Look at the pictures. Two planes successively crashed into the New York World Trade Center Twin Towers. It's obviously not a coincidence. I'm afraid many people have died. When the market opens, a crash is inevitable. Now it depends on how serious the subsequent impact will be. This probably won't be a small matter."
After hearing Su Yehao's explanation,
As a businessman, Su's father naturally thought of his own business first, rather than watching the excitement. He quickly asked, "Will your Yanwenzi Group be affected? A one-point increase or decrease is tens of millions of dollars. It's too stimulating for my heart to handle."
"If the overall market falls and there's no good news to support it, it's bound to be dragged down. Anyway, I'm not planning to cash out. The book value of my assets fluctuates up and down, it doesn't affect me."
Su Yehao then said:
"The key now is to figure out how to seize this opportunity. The old Americans will most likely take the opportunity to attack the old Arabs. Those military-industrial giants are probably so excited they're in tears. If we play it right, making some pocket money won't be a problem. Maybe it'll be enough to use as start-up capital for the Sihai Casino Hotel."
After listening carefully, Su's father clapped his hands and said loudly, "Then what are we waiting for? Invest more money in oil! As long as there's trouble in the Middle East, oil prices will soar!"
"...I've already asked people to assess it. It's best not to meddle in industries you don't understand. But with the so-called chaos, gold prices are highly likely to rise in the short term. Also, buy some private equity funds and have people help me speculate for a short-term gain. When encountering this kind of black swan event, global stock markets will probably fall along with the old Americans."
Su Yehao said regretfully:
"Unfortunately, with the weekend to ferment, many people will react. An opportunity that everyone knows about is no longer an opportunity."
Speaking of opportunity.
For the mainland, this was undoubtedly a godsend.
Next, once the old Americans focused their attention on the Middle East, their energy would be diverted, and they certainly wouldn't be able to care about the mainland's accession to the WTO in the short term, leaving a valuable opportunity for development.
The Su family had invested so much in the mainland. Compared to making some pocket money in the short term, their business in the mainland market was obviously far more important.
...
There wasn't much work that could be done on a Saturday.
After giving all the instructions, and replying to Zheng Yongwen and the others, Su Yehao continued to read the news. During this time, he also thought that when Google developed a browser in the future, it must add a one-click automatic translation function.
About an hour and ten minutes after receiving the call from Lin Youfeng, the latest news showed that the Twin Towers had finally succumbed and collapsed one after another, with dust covering several surrounding blocks.
Seeing this, Su Yehao sighed. After all, many innocent people had died, but because it was Saturday, it was estimated that there weren't as many as in his previous life.
More than the content of the news, he was more concerned about whether the meeting in this hotel was going smoothly.
After tidying up, Su Yehao left the room.
After asking the Sheraton Hotel staff, he learned that the WTO meeting had already begun, but tonight's celebration party had been temporarily canceled and changed to a forum-style free activity.
Before even seeing those businessmen, Su Yehao already guessed what they were busy discussing today.
And indeed, that was the case.
A representative from Goldman Sachs said as soon as he saw Su Yehao:
"Hey, Su! I'm Kanto Willis, a senior partner at Goldman Sachs. You've already heard about the attacks in New York and Washington, right? I'm sure there are opportunities among the risks. We'll be forming a private equity fund, with a return rate likely exceeding 20%, open only to big clients like you."
Su Yehao didn't take the bait, and instead asked, "Does Goldman Sachs have an office in the Twin Towers? It should be a holiday today, right?"
Kanto shook his head:
"Fortunately, it's across the river from us, but Morgan Stanley, Merrill Lynch, Deutsche Bank, Lehman Brothers, and other top-ranked institutions all have offices in there, and many people are working overtime on weekends. God bless them, hopefully they got out..."