Extraordinary Genius Chapter 881

Extraordinary Genius

Chapter 881 - Invitation

"Boss, Mr. Soros, wish to have a meetingwith you." Ralph called.

"Who? Which Soros?" Feng Yu was surprised.Could it be the Soros he knew?

"Mr. George Soros, from Soros FundManagement. The boss of Quantum Fund."

Huh? It's really him!

Why is this financial speculator lookingfor me?

This person is a super tyc.o.o.n and isscarier than other tyc.o.o.ns. In Feng Yu's previous life, he is the one whospearheaded the Asian Financial Crisis, and he is also the person Feng Yu hadbeen preparing to deal with.

Since Soros wants to meet Feng Yu, Feng Yuis also interested to see what he has to say.

"Ok. I will return to New York tomorrow.Help me fix an appointment with him."

Feng Yu stood up from the sofa and walkedtowards the dining table. After dinner, Feng Yu apologized to Li Na. "I need toreturn to New York and can't accompany you home."

Li Na showed some disappointment, but shestill smiled. "It's alright. Your work is more important. I can go backmyself."

"I will ask Mei Zhigang to send you back. Iwill return once I finish my work." Feng Yu gave Li Na a kiss on her forehead.

……

Feng Yu walked out of New York Airport, andhis driver was already waiting for him there. After getting into the car, heasked Ralph, who was in the front pa.s.senger seat. "What time is theappointment?"

"It's a dinner appointment. You still have2 hours to rest." Ralph replied.

"Ok." Feng Yu closed his eyes and thoughtabout his appointment with Soros.

This person can be said to be the world'sbest fund manager, and his wealth is still a mystery.

On the surface, Soros's a.s.set is only abouta few billion USD. But he only had around 1 billion USD, he successfully didsomething that surprises the world. That's 1992, Britain's Black Wednesday.

Soros had successfully made Pounds withdrawfrom the European Exchange Rate Mechanism, and his Quantum fund made asestimated 2 billion USD. Some said that he made at least 600 to 700 million,and some said he profited more than 1 billion USD. After all, he chargescommissions to manage other people's investments.

No one really knows how much he made duringthat incident.

With leveraging, hedge funds can use a fewhundred million to make a few billion USD worth of trades. At this time,Soros's Quantum Fund had more than 6 billion USD, and therefore he can controlthe financial market.

Of course, a few billion USD might seems alot, but it will not cause any impact on any country. But Soros's hedge fundincludes other people's investments, and he can get loans from his investors.There are also other speculators following his investments. With many financialinst.i.tutions and fund managers grouping together, they become a force to bereckoned with.

But what is interesting is other than beingknown as a financial speculator, he is also the world's top donator to thecharities. He had donated more money than Warren Buffett, Bill Gates, PaulAllen, etc.

Soros owns dozens of charity foundationsall over the world. Some people said he used his foundations to get informationfrom that country's government. Whenever there are changes in the government ofthat country, he will seize the opportunity to make money.

No matter what other people said aboutSoros, he is still the most successful fund manager in the world!

At about 7 pm, Feng Yu entered arestaurant. This restaurant is not open to the public as Soros had booked theentire restaurant!

Soros's conversation with Feng Yu cannot beheard by others.

"Mr. Feng, nice to meet you." Soros stoodup and offered a handshake.

"Nice to meet you too." Feng Yu shookSoros's hand and sat down. He waved to his bodyguards to move further away.

Soros is in his 60s or 70s now. His hair isall white, but his eyes are sharp and confident.

Maybe this trait is the trait of all Jewishbusinessmen.

"Feng, can I address you this? You can callme Soros."

"Sure. I am curious. Why are you treatingme to dinner?" Feng Yu crossed his arms and rested on the table. It'sconsidered rude, but Soros did not mind.

"Feng, I think I don't need to introducemyself. Of course, you also don't need to tell me about yourself. You are thethird-biggest shareholder of Microsoft, the owner of the Empire State Building,Wind and Rain's boss, and have many investments in China. I want to befriendyou regardless of each of the many ident.i.ties you have. Especially, you like toinvest in stocks and other financial products. This is also something I like."Soros laughed.

Feng Yu frowned. He wants me to invest withhim? It's 1997 now, and Feng Yu knew what Soros was going to invest.

"From what you said, you must have somegood investment opportunities and wants to rope me in, right?" Feng Yu asked.

"Feng, do you trade currencies?"

"I traded some Yen, Rubles in the past, andalso trade Pounds that year!" Feng Yu looked at Soros.

Soros smiled. He knew the person in frontof him also love to speculate, and they have a common topic now.

At this time, the waiter served the food.

"Try the food here. We can talk whileeating."

Feng Yu tasted the food, and it wasdelicious. But Feng Yu is not used to using knives and forks. Also, Feng Yu washere to meet Soros and not for dinner.

"Feng, I am curious, or should I say,everyone on Wallstreet is curious about you. When did a tyc.o.o.n like you appear?What was more surprising was you are not only good at financial investments,you are also a successful entrepreneur. I am not trying to look into yoursecrets, but looking at you made me feel old."

You feel old? Even before I come back intothis life, you are still the world's top fund manager. Your personal a.s.setmight only be around 1 billion USD, but the hedge fund you controlled is scary.This man will bring chaos to the whole of Southeast Asia. Will such people feelold?

"Soros, people must be blind if they thinkyou are old. Your hedge fund's annual returns are more than the entirefinancial industry. Just this alone, no one will dare to think you are old."Feng Yu seriously replied.

Feng Yu was not afraid to face Soros. Butif Soros brought a group of speculators with him, Feng Yu will surely lose.

Facing this old man in his 60s had givenFeng Yu lots of stress. Although Soros's personal a.s.set is not more than FengYu and Bill Gates, Feng Yu had to take precautions against him.

Soros looked at Feng Yu. He did not expectFeng Yu to think so highly of him. Last year, many people in Wallstreet saidSoros is old. But this young man had a different view.

Soros was more confident that he can getFeng Yu to join him in making money from Asia now!

Translator's notes: This is the start of a new arc, the 1997 Asiafinancial crisis.

Asia financial crisis

https://en.wikipedia.org/wiki/1997_Asian_financial_crisis

George Soros

https://en.wikipedia.org/wiki/George_Soros

Black Wednesday

https://en.wikipedia.org/wiki/Black_Wednesday

Hedge fund

https://en.wikipedia.org/wiki/Hedge_fund