Chapter 572
Li Feng and Lu Lu are both people who keep their word. Since they plan to make some money from Apple, they must take action.
Just when Li Feng got up the next morning, Lu Lu had already arranged all this in advance. She first quietly transferred the funds of Yunfeng Fund to multiple corresponding anonymous accounts, preparing to short Apple stocks.
Then he bribed many media to reveal information that was good for Apple's stock price, such as "market research on Apple's first-generation iPhone is very popular among young people" and "Apple has a new secret research and development project"...
Even Lu Lu took advantage of Li Feng’s negotiation with Steve Jobs, saying, “Leo, Chairman of Fengrui, came to the United States to apologize to Apple” and “Apple is preparing to acquire Fengrui’s Android system”…
In any case, it is to "blow up" Apple hard and raise Apple's stock price, so that Apple's stock can be shorted at its highest point and the risk can be reduced.
Shorting (selling) is different from doing long (buying). Shorting has higher requirements and higher risks!
For example, if a stock A in the U.S. stock market is priced at $10, and you spend $1,000 to buy 100 shares, then the biggest risk is that stock A falls to 0, and the maximum loss is 100%, that is, the $1,000 is gone.
But if you short 100 shares when the price of A stock is $10, and when it rises to $20, the stock price has increased by 100%, the loss at this time is $1,000. If the U.S. stock price rises to $30, the increase is
At 200%, the loss at this time is 2,000 US dollars, and if it continues to rise, the loss will be even greater.
Therefore, going long is equivalent to locking in a maximum loss of 100%, while going short means unlimited losses.
However, there are also special times, such as the recent crude oil treasure incident of a certain bank, and there are also times when "negative" prices appear. I guess a certain bank did not expect negative oil prices!
This can be considered a real example: U.S. crude oil futures fell to 1 cent.
Someone bought something worth 10,000 yuan, thinking that in the worst case, he would just give up the 10,000 yuan, just for fun.
Who knew that half an hour later, the crude oil futures index fell sharply -37, and he actually owed 37 million.
Many people don’t understand, let’s explain:
When the price is 1 cent, 10,000 yuan can buy 1 million barrels of oil.
Later, crude oil fell sharply and the price became -37.
At this time, you have two options. One is to wait for physical delivery in a few days and rent a ship to bring back 1 million barrels of oil.
The second is to sell 1 million barrels of oil contract, but because the price is -37, you have to pay others 37 million to sell the contract.
Because many people don't want to and don't have the ability to pull oil, they can only choose the second way and go bankrupt instantly.
Finance is actually "gambling" in disguise. Therefore, if ordinary people have money, they might as well buy two more houses.
The short selling of Apple's stock this time was also an impromptu idea by Lu Lu and Li Feng, so the funds available for operation were not much, only 50/600 million US dollars. However, this money was enough, and Li Feng did not expect to make a profit.
How much, it's enough to make tens of millions of dollars, it's just to disgust Steve Jobs.
However, before "shorting Apple's stock price" disgusted Jobs, Li Feng has now "disgusted" Jobs again.
The meeting between Fengrui and Apple was arranged at Google. At that time, Li Feng and Larry Page agreed to meet in Google's conference room at 9 a.m.
As a person who "keeps his word", Li Feng "will be late if he says he is late", which disgusted Steve Jobs.
Because Li Feng was the main inviter, it was already half past nine and he still hadn't shown up yet, leaving Jobs waiting for half an hour. This was a good break from Jobs' response.
At this time, Jobs had walked around the Google conference room many times, maybe thousands, if not tens of thousands. He might even be able to make money all around the earth.
"Others have always waited for me. When have I ever waited for others?"
A somewhat annoyed Jobs directly asked Larry Page who was standing next to him: "Page, how are you doing things at Google? It's already half an hour late. Why hasn't Leo shown up yet?"
Now Jobs doesn't have a good attitude towards Li Feng. Well, Jobs has always been unhappy with Li Feng. If it weren't for Li Feng, why would he be here?
As for Steve Jobs's fierce attitude towards Larry Page, some people thought he was the CEO of Google, but everyone was used to it. This was Steve Jobs. No matter where he went, he was at home.
But Larry Page is a good old man. In fact, he had already called Li Feng just now. When he first came up, he thought Li Feng had woken up late, "Leo, have you overslept? Steve Jobs here is not here."
The wait is imminent!”
"Page, don't panic, stay calm. In fact, I didn't oversleep. I got up very early today and went to the beach for two days. I just went late on purpose to give Jobs a blow first!" Li Feng said directly.
"Boss, you've hurt me with your aggressive behavior. You'd better come here quickly. If you have anything to discuss in person, don't bring it all up!" Larry Page said speechlessly.
Larry Page can talk to Li Feng without any scruples, but Steve Jobs is different, and he is still a senior after all. Larry Page can't do anything to him. He can only say in a low voice: "Steve
Husband, I just called Leo, he is still on the way and should be here soon."
However, Jobs was not a good-tempered person, so he ignored this and kept pursuing him, "Then how do you do things? You can't be so late...".
Even Google CEO Eric Schmidt couldn't stand Jobs's attitude. He stood up and comforted Jobs: "Steve, it doesn't matter how old you are. It's just a matter of waiting half an hour.
And I guess this is also Leo's negotiation strategy, which is to arrive late on purpose to make you upset and angry, thus losing the initiative in the negotiation. I experienced this very well when Google acquired YouTube last time."
"Eric, when have you ever seen me lose the initiative in a negotiation because I lost my temper?" Jobs asked.
“…..” Eric Schmidt.
No wonder Steve Jobs didn’t have many friends, and it’s not unreasonable! Who can stand this kind of temper?
The only person who was calm at the scene was that Cook sat there from beginning to end and didn't speak. I guess he was used to it.
Just when everyone was upset by Jobs, Li Feng finally led Lu Lu to arrive late.
He was followed by Andy Rubin, the person in charge of Fengrui's Android system in North America. Since Long Xiaotian didn't come to the United States, Andy Rubin stepped forward this time. What's more, Andy Rubin also works at Apple.
However, they were relatively familiar with Steve Jobs.
In this negotiation between Fengrui and Apple, Google was specially invited to attend as an intermediary, which is equivalent to a "trilateral meeting" between "Fengrui", "Apple" and "Google".
On Apple’s side, it’s Steve Jobs and Cook; on Google’s side, it’s Eric Schmidt and Larry Page; on Fengrui’s side, it’s Li Feng, Andy Rubin, and the witness Lu Lu; now people are finally
All here.
PS : I was banned for a few days due to reporting, and now it’s finally unblocked. It’s not easy! Why do some people do things that are “submissive to others but not self-serving”! I don’t want to say anything about this. I’ll update it in the future.
Chapter completed!