My absurd experiences in North America over the years

The following morning, sunlight streamed through the floor-to-ceiling windows of Mar-a-Lago, casting a soft glow on the white marble countertops.

Li Fu woke up later than usual, around 7:30 a.m.

Florida's tranquil environment is just too comfortable.

When he finished washing up and came downstairs, CP was already in the restaurant, dressed in a sharp suit, with three newspapers and an open laptop in front of him, along with a half-finished glass of orange juice and a cold cup of coffee.

Ivanka doesn't seem to be up yet; she must have been too exhausted from work recently.

When CP saw Li Fu enter, he put down his newspaper and waved to him. "How did you sleep last night? It's much quieter here than in New York, isn't it?"

"It's really nice," Li Fu pulled out a chair and sat down. "The air in Palm Beach is so much better than in Manhattan."

"Then you should stay a few more days," CP gestured to the butler, and a glass of freshly squeezed orange juice was immediately brought to Li Fu. "By the way, I have an appointment this morning, so I might not be able to accompany you around, but you can use the study. There are computers there, and someone is always maintaining them, so don't worry about the internet; it's the same setup as your office in New York."

"That's exactly what I needed," Li Fu said without hesitation. "I have a video conference this morning."

CP's eyes lit up immediately. "Video conferencing? A new direction for investment?"

"Yes, we're starting to allocate positions in US stocks and gold today," Li Fu answered truthfully.

"Then you can use the study. I promise no one will bother you," CP wisely refrained from asking for details or making any requests to "watch from the side." "If needed, Ivanka can temporarily be your assistant."

He desperately wanted Li Fu to replicate last year's miracle; the young man before him had laid out a clearly visible future business empire for the Forrest family.

The Forrest family already has a core business presence beyond its private hospital group.

This made him very envious.

After breakfast, Ivanka took Li Fu to the study.

The study is quite spacious and very well-furnished, with a mahogany bookshelf covering one wall, a large desk with an Apple desktop computer, a landline telephone, and a laptop computer on the desk.

Outside the bright windowsill, the lawn was neatly trimmed, stretching all the way to the palm trees and the coastline in the distance.

Li Fu turned on his computer, logged into JPMorgan Chase's trading platform, and then made a video call to Lina.

"Lina, I'm starting to work on the US stock and gold plans now. Could you please review the real-time order book for each asset online again?"

Lina's voice came through the speaker, "Okay, I'm ready. Apple's stock has been fluctuating between 121 and 123 since the opening, with moderate trading volume and no large sell orders. Nvidia's trading volume is relatively low, but buying in batches shouldn't be a problem. Amazon has ample liquidity, so there's almost no need to pick and choose the right time..."

The report Lina submitted last night contained the financial statements and fundamental analyses of the companies she had researched, as instructed by Li Fu.

"Apple and Nvidia started building positions at the same time. Apple was bought in batches of 5000 shares, with a three-minute interval, while Nvidia was bought in batches of 1000 shares..." Li Fu didn't look at the report anymore; he only needed to understand the basic situation.

Anyway, he knew perfectly well that these companies would become behemoths in the future, with potential for hundreds or even thousands of times greater appreciation.

Lina was checking the market and reporting the data on the other end of the phone, "Apple traded at 121.4, Nvidia at 12.6... Apple traded at 121.6... Nvidia traded at 12.5... The order placement went smoothly, no bottlenecks were encountered, we can continue..."

The position building lasted for about an hour.

苹果建了5批共2.5万股，平均成本约121.6美元。英伟达建了5批共5000股，平均成本约12.55美元。

Amazon and JPMorgan Chase subsequently each built four batches, each at a slightly slower pace.

Li Fu didn't want to absorb all the liquidity in the morning session at once, as that would be too drastic.

By around 10:30 a.m., the US stock position was about 40% complete, with a total notional exposure of about $120 million, margin usage of about $6 million, and account equity of about $380 million.

During the US stock market closure, he also began building his gold position. He bought about 2000 gold futures contracts in batches between $880 and $884 per ounce, with an average entry price of around $882. The corresponding nominal exposure was about $1.2 million, with a leverage of 5 times, which was executed exactly according to Lina's plan.

He opted for a relatively conservative strategy, using very low leverage. Although he knew that gold had a huge upside potential, the daily trading volume of heavy metals was far less than that of forex. If the leverage was too high, there was a risk of being liquidated if the enemy launched a large-scale attack.

As I said before, he is no longer the same person he used to be. If he is not careful, he may face utter ruin.

"That's all for US stocks for today," Li Fu stopped trading, leaned back in his chair, and rubbed his eyes. "If I continue tomorrow when I get back to New York, you can build up the rest of your gold positions this afternoon."

"I'll build the remaining gold position all by myself?" Lina thought she had misheard.

"Yes, anything below 885 is fine," Li Fu glanced at the distant sea, "Contact me again if there are any special circumstances."

"Okay," Lina nodded quickly. "Also, I've updated the clean energy research report. I'll send it to your email later. I've adjusted the weighting of a few targets."

"OK, thanks for your hard work," Li Fu said, hanging up the phone and closing his laptop.

Ivanka, standing to the side, looked completely bewildered.

Hundreds of millions of dollars invested so casually? So confidently? Without even the slightest hesitation.

What kind of confidence is this?

"What's wrong?" Li Fu got up and walked closer to Ivanka.

She might be thinking about what she could do to help, but he doesn't need to check any data or read any reports.

He only used twice the leverage in his US stock trading, so there was no risk of margin calls. Super giants like Apple, Nvidia, Amazon, and JPMorgan Chase have amazing future potential.

The reason he didn't use a large position in gold is similar: the trading volume of US stocks is smaller. If it were spread across each stock, a few billion dollars could potentially dominate a bull or bear market.

He cannot give the enemy the opportunity to snipe him.

Therefore, all data is unimportant to him, and all analytical techniques are also unimportant.

As long as you don't get liquidated, your investment will definitely increase at least a hundredfold in the future.

"It's nothing, I just think you're so handsome," Ivanka said, wrapping her arms around his neck. "You're so handsome it's mesmerizing."

The "handsome" she was referring to wasn't just about looks, but also about his demeanor and the absolute confidence he displayed while building his position. This kind of charm is sometimes more attractive than looks.