Troublesome things and people

"Ring ring ring ring ring!"

The sudden ringing of the home telephone caused Wang Xiuyuan to knit his brows into a tight knot; he had received more nuisance calls during this period than he could count.

Due to the sheer volume of incoming calls, he sometimes even experienced auditory hallucinations, constantly feeling like the phone was ringing.

As the news of him making a fortune through gold futures spread far and wide, various charities, welfare organizations, schools, and even some semi-official groups called him to request donations.

Many organizations and individuals even drove directly to his home to pay a visit, all just to squeeze some money out of his pocket.

Ordinary people might be fooled by these organizations and foolishly, naively donate a significant sum of money, thinking they had truly done some great, noble deed.

But Wang Xiuyuan had once lived in an era where information barriers were broken; he understood at least seventy to eighty percent of the inside stories and tactics of the charity industry.

If even one-tenth of the money donated to a charity actually reached the people in need, the managers of that charity could be considered very, very conscientious.

He had to maintain a certain connection rate for these incoming calls, and once he picked up, Wang Xiuyuan had to patiently listen to the other party finish what they had to say. Even if he didn't donate, he had to refuse politely and decently.

This was simply because these people were draped in a golden cloak called social morality.

If Wang Xiuyuan dared to cut them off or refuse impolitely, the other party might turn their shame into anger and go out to smear him, ruining his reputation.

In Europe and America, especially in high society, having a good reputation is a very, very important matter.

Even if that good reputation is only skin-deep, it suffices.

Once faced with negative issues, a person or company with a good reputation will definitely have a thicker health bar than those with a poor one.

"Very well, ma'am, I understand what you mean.

However, I have established my own charitable foundation, and I will use that foundation as the primary entity to help those in need.

My available funds are quite limited at the moment, so I'm sorry, I cannot help you for the time being."

After hanging up the phone, Wang Xiuyuan let out a long sigh toward the ceiling. His mood was terrible, and he had to find a way to resolve this current problem.

"Ring ring ring ring ring!"

The piercing ringtone sounded again. Wang Xiuyuan, slumped on the sofa staring blankly at the ceiling, casually picked up the receiver, his voice filled with helplessness.

"Hello, who are you looking for?"

"Mr. Wang, it's Curtis. I've been calling you for the past two days but no one ever answers, or the line just won't go through.

The gold futures short positions in your account were successfully closed out two days ago according to the timing we previously agreed upon.

See when you have time to come over; you need to sign for the funds, and we can also chat about the investment plan for the next stage."

Curtis Faith's excited voice came through the phone, high-pitched and cheerful. It was obvious that this guy had made a lot of money following Wang Xiuyuan's operational logic.

"There have been a ton of nuisance calls every day lately; it's a miracle you even got through.

But that is indeed rare good news. I'll head over after I finish lunch."

Wang Xiuyuan gave a big stretch. From August 1979 to March 1980, this major wave in the gold futures market had finally come to an end.

gold futures would have a rebound later, but the time for making the fastest money was over. He didn't need to keep wading through the muddy waters of the futures market for that bit of extra cash.

The best strategy was to realize the paper profits and settle down early... When Wang Xiuyuan's figure appeared once again at the Goldman Sachs Headquarters building, almost all the employees' eyes were firmly welded onto him. Wang Xiuyuan had truly become a Wall Street celebrity.

There have been countless brilliant financial legends in the history of Wall Street, with innumerable cases of incredibly high investment returns, but it was rare to see an investment return rate so high with a profit amount as large as Wang Xiuyuan's.

This time, Wang Xiuyuan deeply shocked all his Wall Street peers with his ultra-high input-output data.

Since he had conducted this series of financial operations through an account at Goldman Sachs, the vast majority of Goldman employees had studied and learned about his operational logic and techniques through various channels.

Especially that move where he closed long positions at the peak and pivoted to shorting; he was the first and only major player on all of Wall Street to accurately escape the top while simultaneously going all-in on a short.

The precision of his timing and the decisiveness of his market entry felt as smooth to his peers as a scalpel slicing through skin.

The content of his conversation with Curtis Faith was now known to everyone on Wall Street. If there was anyone on Wall Street who still didn't understand how impressive Wang Xiuyuan's operational logic was, that person must be a janitor.

His line—'When everyone knows that buying gold will make money, the gold price is only one step away from collapsing'—became a classic, revered as a golden rule by countless investors and speculators.

Wang Xiuyuan was led directly to Curtis Faith's office. The last time he came, Curtis Faith was still working in a cubicle; he hadn't expected him to have an independent office now.

"Long time no see, Mr. Wang. How have you been lately?"

Curtis Faith greeted Wang Xiuyuan stiffly; he was still as socially awkward as before.

Perhaps because he had gained great fame following Wang Xiuyuan, many more people were looking for him, and Curtis Faith's communication skills had been forced to improve quite a bit.

"I'm getting by, I suppose. You know how much of a stir we caused this time. Now that I have money, countless ill-intentioned people have pounced like hyenas catching a scent.

If it's not entrepreneurs looking for investment, it's various charities lobbying me for donations. It's incredibly annoying, and yet I can't even lose my temper. It's quite frustrating when you think about it.

Tell me about the profits from this short operation."

The stiff smile on Curtis's face vanished instantly as he picked up a folder from his desk and handed it to Wang Xiuyuan.

"Initially, your principal was ten million dollars, and the profit from going long on gold was nine hundred and eighty-six million dollars. After the last closing, you withdrew that ten million dollar principal.

That means the principal for this short on gold was nine hundred and eighty-six million dollars. Using two times financial leverage, we leveraged a total of nineteen billion seven hundred and twenty million dollars in short orders.

If it hadn't been for the massive surge in gold prices at the time, with countless people waving cash to enter the market and go long, it would have been impossible to offload nearly twenty billion dollars in gold shorts so quickly.

Our average short price was 848 dollars, and the average closing price was 503 dollars. The profit per ounce of gold was 345 dollars, with a total profit of eight billion twenty-two million dollars.

Adding in the nine hundred and eighty-six million dollar principal, the cash currently sitting in your account totals nine billion eight million dollars.

Congratulations, Mr. Wang, you are just a hair's breadth away from a ten-billion-dollar net worth.

Most importantly, your net worth consists of solid cash assets, not the kind of stock-based net worth that could shrink at any moment.

Barring any surprises, you should effectively be the richest person in the world."

Hearing that so much cash was sitting in his account, Wang Xiuyuan grinned so wide that more than a dozen of his straight, white teeth were visible.

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