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462 Mutual trust

"This is Griffin Ward, your most trusted partner." Griffin was a little confused and a little annoyed, and answered the phone directly without browsing the caller ID.

"This is Archie, your poorest companion."

Lu Yiqi's familiar voice came from the other end of the phone, which made Griffin's smile slightly pull, and then he lowered helplessly, "Get out! I don't know who just made a big profit in the first half of the year, and now he should be a millionaire with a fat head!"

Griffin is Lu Yiqi's inside line on Wall Street.

During his college years, Griffin had already started to try the waters in the stock market one after another. Lu Yiqi also participated a lot. Both of them earned their first pot of gold and won the start-up capital to start their careers. After graduation, they started social life in their respective fields.

Over the years, Lu Yiqi and Griffin have cooperated a lot.

Lu Yiqi is responsible for providing "inspiration", while Griffin is responsible for data analysis and investment choices.

In order to avoid exposing his "vress", it is also because Lu Yiqi is not very interested in financial numbers and other things, and has limited knowledge of future financial events. Therefore, Lu Yiqi does not provide much information. He just clicked on it, but he never failed.

Thanks to this, Griffin often believes that Lu Yiqi is an investment genius and has a keen sense of the market that ordinary people cannot compare with; however, Griffin also believes that it is precisely because Lu Yiqi is a layman with a calm mind and a neutral attitude that he can capture opportunities that industry insiders are prone to ignore—

If Lu Yiqi enters Wall Street, this inspiration will probably disappear soon.

Starting from the second half of last year, Lu Yiqi warned Griffin about the potential subprime mortgage crisis in real estate, and the reason is very simple:

When Lu Yiqi led the team in East Lansing and Manhattan, he found that many people with "bad credit" and even "credit failure" were still purchasing real estate.

Simply put, when buying a house with a loan, the bank must conduct detailed assessment of the applicant's future repayment ability, otherwise the loan may become dead money; but now, the bank's review procedures are becoming more and more relaxed, and applicants who do not have the ability to repay can also successfully apply for loans, which also means that the bubble of the subprime mortgage crisis is getting bigger and bigger and may fall apart at any time.

Lu Yiqi is not a nonsense about this, because of the subprime mortgage crisis in his previous life, some people smelled the crisis through the low-end home buyers in Florida. Not only did they successfully escape the financial crisis, but they also made a lot of money. Therefore, Lu Yiqi was not worried that Griffin would notice something was wrong.

Unfortunately, Griffin thought Lu Yiqi was "worrying about nothing" and was worried too much.

In fact, this cannot be blamed for Griffin, because according to the results of the previous life, only four people in the entire Wall Street, the entire financial industry, and the entire investment industry finally saw through the truth about the subprime mortgage crisis, and all other senior professionals and senior managers were not spared.

Griffin believed in Lu Yiqi's inspiration and judgment, but Lu Yiqi's prediction was too shocking. Griffin's professional knowledge and industry news did not provide strong support, so he still retained his attitude towards Lu Yiqi's judgment and did not obey his opinions as usual.

Having said that, Griffin still believed in Lu Yiqi in a small part, including Lu Yiqi's investment. He also invested a small part of the funds himself and began to short CDS (credit default swap).

However, Lu Yiqi had a clear impression of the timing of the global financial crisis in his previous life. Many professional details were further learned through the later movie "big bears"; however, the specific turning point was not as clear as professionals, so the timing of selling CDS was not so accurate, and he did not wait until CDS reached its highest point before clearing and taking action.

The final profit cannot be maximized.

Griffin made three million yuan, while Lu Yiqi successfully made the first $10 million, officially moving from a millionaire to a millionaire.

So, Griffin complained that Lu Yiqi was "full of fat".

Of course, there are more or less complaints and anger towards him behind the complaints - Lu Yiqi has clearly seen through the bubble of the subprime mortgage crisis, but he did not fully trust his friends, and was blinded by his pride and self-esteem, and there was no place to show off in the end.

And he also witnessed the collapse of so many innocent people with his own eyes.

Griffin still couldn't help but feel a little self-blame and awkward.

"Fortunately you pulled out quickly enough, otherwise you might have lost all your money." Griffin was a little lucky. Lu Yiqi still maintained enough rationality, no greed or risk, which allowed both of them to escape from this financial storm.

Lu Yiqi could immediately feel the emotional changes in Griffin's words. The loss and sigh were hard to hide, but Lu Yiqi did not give intimate condolences with fuss, but gave another perspective, "Ha, this also means that if you go bankrupt, you can find an alternative."

The old friend's words made Griffin laugh, "Do you believe it? All your assets now fall into my hands, which is enough for me to tossing for an hour."

"Is it an hour? Thank you for your praise. I thought I could squander it by just one phone call." Lu Yiqi didn't mind and started teasing her.

Griffin pulled the corners of his mouth gently, and finally he drooped helplessly, "Achi, sorry, I should have believed you completely."

"You already believe it, don't you?" Lu Yiqi asked back. If he didn't believe it, Griffin wouldn't have taken out his savings to short CDS with him. Although he was skeptical, Griffin had another reaction in his actual actions.

Griffin's smile was a little bitter, "You know what I mean." He still reserved it-

Lu Yiqi was willing to believe him wholeheartedly, but he was unable to repay the same trust.

Lu Yiqi didn't care about this, "Everyone has his own profession. If we change the position, you will now give me some advice on my tactical system. I will consider your opinions, but it is impossible to adopt them all. That's the reason."

"Ha, what's your description?" Griffin was amused again.

Lu Yiqi shrugged, "A simple but effective description." Then the topic changed, "Hey, now there is an opportunity, and I am targeting another investment opportunity. How about it, are you willing to believe me? Then start your own business and become self-reliant?"

"Investment opportunity?" Griffin frowned slightly, looked around and wanted to find a place to sit down, but there was no suitable place on the streets of New York. He could only vaguely see the surging tourists near the Tongniu. In the end, he could only give up and quip it.

"What other job can you introduce? Do you know any Wall Street people besides me?"
Chapter completed!
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