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Headquarters of Quantum Fund in New York, USA.

Soros put down the phone with a broad smile on his face.

He felt he had made the right bet this time.

Quantum Fund is definitely going to make a name for itself on Wall Street this time.

No, it should be famous all over the world!

And he, Soros, will become a new legend on Wall Street.

Soros stood up, walked to the window, and looked down at the street view of Wall Street below.

Despite being 52 years old and having worked in the industry for decades, Soros couldn't help but get excited about the impending major victory.

The thought of the potential return made him tremble with excitement.

Yes, trembling.

Soros hasn't felt this way in a long time.

The last time he was this excited was more than 20 years ago when he earned a million dollars for the first time in the financial market.

He was young and full of enthusiasm back then, feeling invincible.

Later, as his wealth grew and his experience broadened, he became more and more composed, calm, and resembled a true financial tycoon.

But at this moment, facing the impending victory, he could no longer contain his excitement.

This time, he invested a total of $7 million, of which nearly $5 million came from Middle Eastern tycoons and European bankers, and the remaining nearly $2 million came from all of Quantum Fund's funds.

Seven hundred million US dollars.

This was the biggest gamble he had ever made in his career.

Not only that, he also leveraged it 3 times!
In other words, he has now effectively leveraged a market position of up to $2.1 billion.

If Mexico defaults, the peso collapses, and CDS prices skyrocket, his profits will be astronomical.

Five times? Ten times? Or even more?

Soros didn't know the exact figures, but he knew that it would be enough to place him among the world's top billionaires, enough to make the Quantum Fund the brightest star on Wall Street, and enough to make those who once looked down on him take notice.

As for the money of those Middle Eastern tycoons and European bankers?

A cold smile appeared on Soros's lips.

Once Mexico defaults and his positions are closed, he will return the principal and interest to them.

Of course, the interest rate will be very high.

It's high enough to satisfy them, high enough to make them dare to continue investing in the Quantum Fund next time.

These are the rules of the financial game.

The winner takes all, the loser is eliminated.

And he, Soros, is the winner.

Soros took a deep breath and tried to calm himself down.

He turned around, walked back to his desk, picked up the data report, and looked at it carefully again.

The peso plummeted, government bond yields soared, and capital outflows accelerated.

These numbers, like a beautiful symphony, resonated in his ears.

Based on this data, if he closes his position now, even after deducting the profits from funds raised from Middle Eastern tycoons and European bankers, as well as the cost of leverage, he could still earn a profit of over $1.2 billion.

$12 billion!

This enormous sum of money was $1.2 billion, something he had never even dared to dream of before.

It's enough for him to buy multiple buildings in the most bustling areas of New York, enough for him to build a private fleet, enough for him to live on for the rest of his life.

The Quantum Fund actually invested just over $2 million this time.

They turned $200 million into $12 billion, a six-fold profit!
In the past, he wouldn't have dared to even think about it.

However, the facts are now before him.

He succeeded, he really succeeded!

As expected, the impact of Lin Haoran's involvement was many times greater than he had imagined. Soros was glad that he had followed his subordinate's plan.

He naturally knew that the Mexican government bond redemption period still had a full month to go, so under normal circumstances, his plan would only yield such results when Mexico could no longer hold on.

But now, because he dragged Lin Haoran into it, the situation is developing much faster than he expected, by more than ten times.

Investors who were originally on the sidelines panicked instantly after seeing the rumors that "Lin Haoran and Soros joined forces to short sell".

They stopped waiting and watching, and rushed to sell their Mexican assets, fearing that if they were too slow, they would be the last ones left holding the bag.

This is the power of the celebrity effect.

Soros's smile deepened.

He had to admit that Lin Haoran was a perfect target.

It has enough fame, enough wealth, and enough media attention.

Dragging him down is more effective than publishing a hundred analytical reports.

Unfortunately, Lin Haoran rejected him back then.

If he were willing to cooperate, they should now be allies fighting side by side, dividing up Mexico's wealth together.

But he refused, so he could only become a stepping stone.

At that moment, the chief analyst, Mark, walked in.

"Mr. Chairman, the Mexican peso is still falling after the market opened today. In just one hour, the decline has reached 4.2% compared to the previous day."

Following this trend, the peso exchange rate is likely to hit a new low by the close of trading today.

Soros nodded, a satisfied smile on his face, and asked, "Very good, what's the Mexican government's reaction?"

“They’re still being stubborn.” Mark opened the folder in his hand. “Finance Minister Silva gave another speech this morning, reiterating that Mexico will not default and is confident in repaying all its debts.”

But the market didn't believe him at all, and the peso continued to fall. It has to be said, Mr. Lin Haoran's name was incredibly useful.

Soros sneered and said, "The more they say that, the less the market believes them. This is called trying to cover up the truth."

Mark hesitated for a moment before asking, "Given the current situation, if we stop here, the profits will be enough for Quantum Fund to become one of the world's top financial investment companies. Shouldn't we consider taking our profits and calling it a day?"

Mark's voice carried a hint of probing, as well as a hint of worry.

As the chief analyst, he knew better than anyone that the market had gone mad.

The peso's plunge, the soaring yields on government bonds, and the accelerated capital outflows are all moving in the expected direction.

But it was precisely because everything was going too smoothly that he felt somewhat uneasy.

Financial markets are never smooth sailing; the more certain it seems, the more likely problems are to arise.

Soros glanced at him, a slight smile appearing on his lips, and said, "Mark, you've been with me for so many years, you should understand my personality."

Mark lowered his head and replied, "Yes, Mr. Chairman, I know you are never one to quit while you're ahead."

Soros nodded and laughed, "That's right. I'm not the kind of person who runs away after making some money. 1.2 billion dollars is indeed a lot, but for me, this is just the beginning, not the end."

Such opportunities are extremely rare. If we give up now, we might regret it for the rest of our lives.

Soros stood up, walked to the window, and turned his back to Mark.

“You know, Mark, there are two kinds of people in this world: one kind makes money and runs away, afraid that the duck in the hand will fly away; the other kind dares to bet all their chips at the critical moment and gamble on a bigger future.”

The first type of person can become a millionaire; but the second type becomes a legend.

He turned to Mark and said confidently, "I, Soros, will become a legend."

Mark took a deep breath and said respectfully, "I understand, Mr. Chairman."

Soros walked back to his desk, picked up the data report, looked at it carefully again, and then asked, "How are our positions now?"

“Everything is going smoothly. All short positions have been established, and leverage has been pushed to the limit. Now we just need to wait for the Mexican government to announce its default,” Mark reported.

“Yes, there’s only one month left. The Mexican government’s credit is completely bankrupt. They can’t hold on.” Soros’s voice was full of certainty.

A month is not a long time for him; he can wait!
But for the Mexican government, this month will be the most agonizing wait.

Every minute and every second, there will be capital flight, public protests, and international investors selling off their assets.

They will become increasingly desperate, increasingly panicked, and increasingly powerless.

When the final moment arrives, when all hope is shattered and all efforts have been in vain, they will obediently declare default.

At that time, his $12 billion profit will become $20 billion, or even $30 billion.

A greedy glint gleamed in Soros's eyes.

He could already picture the scene: Mexican Finance Minister Silva standing pale-faced in front of the camera, announcing in a trembling voice that the country was unable to repay its debts;

Global media outlets are reporting on the peso’s precipitous drop in exchange rate, and Latin American financial markets are in an uproar.
He and the Quantum Fund made a fortune from this catastrophe, becoming a new legend on Wall Street.

When he holds billions of dollars in cash and stands atop Wall Street, those bankers who once looked down on him and those investment tycoons who once treated him coldly will all rush to curry favor with him.

Those so-called wealthy and powerful families, those financial aristocrats with centuries of history, will also open their doors to him.

Money is the most powerful passport in this world.

And he will have enough money.

"By the way, is there any latest news about Lin Haoran?" He snapped out of his reverie and asked.

"No, Mr. Lin only said to reporters a few days ago that the truth will eventually come out, and he has not taken any other action. In addition, as we expected, Mr. Lin's 711-Eleven and Lawson convenience stores in Mexico have been severely impacted."

According to the latest statistics, the number of stores damaged has exceeded 300, and the number of injured employees has increased to 23, five of whom are seriously injured. The losses are enormous. Currently, all of Southern Company's chain convenience stores in Mexico have been temporarily closed.

Without a turning point, their market in Mexico will be ruined. Once their reputation is destroyed, it will be extremely difficult for them to continue making money in Mexico!

Mark's voice carried a hint of schadenfreude.

Upon hearing this, Soros's smile widened even further. "Good, very good! Let Victor add fuel to the fire and continue to incite the public. I want to completely ruin Lin Haoran's business in Mexico and let him know the consequences of not joining forces with me."

Soros traveled all the way to Hong Kong to personally invite him, but the other party refused.

This is an absolute disgrace to Soros!

Soros personally came to invite him; what a huge favor that must have been for Lin Haoran!

But what about Lin Haoran?
He was dismissed with a simple "unfamiliar market," a "business ethics" statement, and a "don't do anything illegal."

It's as if Soros is some kind of filthy, shameful thing, and as if cooperating with him is some heinous crime.

Soros never forgot this humiliation.

it's good now.

Lin Haoran's business in Mexico was vandalized, his employees were injured, his store was burned down, and he suffered heavy losses.

His reputation has also been attacked by the global media, and his image as an "Oriental paragon blessed by the Queen of England" is crumbling little by little.

This is the price you pay for rejecting me!
Soros's smile deepened.

He turned to Mark and said, "Keep an eye on things, and let me know immediately if anything happens."

"Understood." Mark turned and left.

Soros sat back down in his chair and lit another cigar.

Smoke filled the office.

He closed his eyes, and those numbers resurfaced in his mind.

12 billion, 20 billion, 30 billion...

These numbers danced in his mind, forming a beautiful symphony.

His smile deepened.

Once he has $30 billion in hand, he will be among the top figures in the global financial world.

He will become a legend on Wall Street, someone countless people look up to.

And all of this is thanks to Lin Haoran.

Soros's smile deepened.

He took a puff of his cigar and slowly exhaled the smoke.

Outside the window, the Manhattan sun still shines brightly.

A new day has just begun.

And his victory is imminent.

……

Meanwhile, in a commercial building in Times Square, about five kilometers away from Quantum Fund, the entire office was bustling with activity.

This is the headquarters of Universal Investment Company in the United States.

At this moment, in the company's operations room, Su Zhixue was directing his team to carry out Lin Haoran's orders to liquidate all the $1.5 billion positions within a single day.

This is a challenging task.

The $1.5 billion position is spread across 37 offshore accounts and involves put options on Mexican government bond CDS and European and American bank stocks.

Clearing all the funds within a single trading day without attracting market attention requires extremely precise operations.

But Su Zhixue has this ability.

Having led Huanyu Investment Company for so many years, he has long since honed his skills.

Moreover, he has a highly skilled team, each member of whom has undergone rigorous training and is intimately familiar with every detail of the market.

"Group A, begin closing out the first group of CDS positions, each time not exceeding five million US dollars, with an interval of more than ten minutes."

"clear."

"Group B, we can start on the put options side, again no more than three million dollars each time, distributed among different brokers."

"clear."

The entire operations room was filled with a tense yet orderly atmosphere, and time passed by second by second.

One hour.

Two hours.

Three hours.

Seeing the increasing amount of funds coming back to him, Su Zhixue smiled with satisfaction.

Most importantly, because the peso was still falling today and market sentiment remained panicked, their liquidation operations not only failed to attract market attention, but the emergence of selling pressure made the institutions that bought the positions feel like they had struck gold.

In their view, this was someone taking profits at a high price, which is a normal market behavior.

No one could have imagined that this was a systemic, large-scale liquidation, let alone that the owner behind this money was brewing an even bigger storm.

After lunch break, the operations room was bustling with activity once again.

"How's Group A progressing?"

"65% of the CDS positions have been cleared, and the remaining portion is expected to be cleared out by 3 p.m.

What about Group B?

"Put options trading is 70% complete, and the remaining portion is also expected to be completed before 3 p.m.

Su Zhixue nodded: "Okay, keep up the pace, don't rush, and prioritize stability."

"clear."

Su Zhixue walked to the window and lit a cigarette.

Outside the window, the Manhattan sun still shines brightly.

In Times Square, tourists take photos, street performers perform, and vendors hawk their wares—everything is as usual.

He took a drag of his cigarette and slowly exhaled the smoke.

Lin Haoran's young and composed face reappeared in his mind, and he recalled what Lin Haoran had said to him that morning.

Boss, that was a brilliant move of yours.

Billions of dollars are now in his pocket, while Soros is still dreaming of getting rich.

When the other party wakes up tomorrow morning and discovers that the market has suddenly turned around, that their positions are trapped, and that those Middle Eastern tycoons and European bankers are chasing after them to repay their debts, their expression will surely be priceless.

A slight smile appeared on Su Zhixue's lips.

He stubbed out his cigarette and turned to walk back to the center of the operations room.

"Everyone, let's give it our all. We need to finish this task before the market closes today."

"understand!"

The atmosphere in the operations room became even more heated.

Time passed by, second by second.

At 2 PM, Group A reported: "CDS positions are 85% complete."

At 2:30 p.m., Group B reported: "Put options completed 90%."

At 3 PM, Group A reported: "All CDS positions have been cleared."

At 3:15 PM, Group B reported: "All put options have been liquidated."

Su Zhixue listened to his subordinates' report and breathed a long sigh of relief.

"Alright! Thank you all for your hard work!"

A cheer erupted in the operations room.

Su Zhixue took the data from each group back to his office and began to compile the statistics.

Su Zhixue closed the office door and returned to his desk to sit down.

He picked up the summary data from each group and began to carefully check it page by page.

The CDS position initially invested one billion US dollars and eventually closed out to recover approximately two and a half billion US dollars, resulting in a net profit of seven billion US dollars.

The put option position initially invested $500 million and was eventually closed out, recovering approximately $2.1 billion, resulting in a net profit of $1.5 billion.

Total profits amounted to approximately $3.2 billion.

With the initial investment of $1.5 billion, Global Investments now has $4.7 billion in its accounts.

This is $200 million more than the total unrealized profit of around $3 billion projected this morning!

The reason is that the peso continued to fall today, further exacerbating market panic, and CDS prices and put option prices rose significantly during trading.

Time flew by and it was past seven o'clock in the evening.

In the office, all the employees had already left work, except for Su Zhixue, who remained in the office.

Looking at the time on his watch, he knew that his boss should have already gotten up by now.

So Su Zhixue picked up the phone and dialed Lin Haoran's number.

"Boss, mission accomplished. All positions have been cleared."

Lin Haoran's voice came from the other end of the phone, carrying a hint of satisfaction.

"Okay, how much profit will we make in the end?"

Su Zhixue glanced at the figures on the report and quickly reported, "Boss, the CDS position ultimately yielded a profit of $1.7 billion, and the put option ultimately yielded a profit of $1.5 billion, for a total of $3.2 billion."

Profit means that the funds have been deposited into the account, and are no longer just unrealized gains on the balance sheet.

These billions of dollars are now safely stored in the accounts of Huanyu Investment Company and can be allocated and used at any time. (End of this chapter)