Extraordinary Genius

Chapter 881 – Invitation

“Boss, Mr. Soros, wish to have a meeting with you.” Ralph called.

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

“Mr. George Soros, from Soros Fund Management. The boss of Quantum Fund.”

Huh? It’s really him!

Why is this financial speculator looking for me?

This person is a super tycoon and is scarier than other tycoons. In Feng Yu’s previous life, he is the one who spearheaded the Asian Financial Crisis, and he is also the person Feng Yu had been preparing to deal with.

Since Soros wants to meet Feng Yu, Feng Yu is 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 walked towards the dining table. After dinner, Feng Yu apologized to Li Na. “I need to return to New York and can’t accompany you home.”

Li Na showed some disappointment, but she still smiled. “It’s alright. Your work is more important. I can go back myself.”

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

……

Feng Yu walked out of New York Airport, and his driver was already waiting for him there. After getting into the car, he asked Ralph, who was in the front passenger seat. “What time is the appointment?”

“It’s a dinner appointment. You still have 2 hours to rest.” Ralph replied.

“Ok.” Feng Yu closed his eyes and thought about his appointment with Soros.

This person can be said to be the world’s best fund manager, and his wealth is still a mystery.

On the surface, Soros’s asset is only about a few billion USD. But he only had around 1 billion USD, he successfully did something that surprises the world. That’s 1992, Britain’s Black Wednesday.

Soros had successfully made Pounds withdraw from the European Exchange Rate Mechanism, and his Quantum fund made as estimated 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 charges commissions to manage other people’s investments.

No one really knows how much he made during that incident.

With leveraging, hedge funds can use a few hundred 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 control the financial market.

Of course, a few billion USD might seems a lot, but it will not cause any impact on any country. But Soros’s hedge fund includes other people’s investments, and he can get loans from his investors. There are also other speculators following his investments. With many financial institutions and fund managers grouping together, they become a force to be reckoned with.

But what is interesting is other than being known as a financial speculator, he is also the world’s top donator to the charities. He had donated more money than Warren Buffett, Bill Gates, Paul Allen, etc.

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

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

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

Soros’s conversation with Feng Yu cannot be heard by others.

“Mr. Feng, nice to meet you.” Soros stood up and offered a handshake.

“Nice to meet you too.” Feng Yu shook Soros’s hand and sat down. He waved to his bodyguards to move further away.

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

Maybe this trait is the trait of all Jewish businessmen.

“Feng, can I address you this? You can call me Soros.”

“Sure. I am curious. Why are you treating me to dinner?” Feng Yu crossed his arms and rested on the table. It’s considered rude, but Soros did not mind.

“Feng, I think I don’t need to introduce myself. Of course, you also don’t need to tell me about yourself. You are the third-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 befriend you regardless of each of the many identities you have. Especially, you like to invest in stocks and other financial products. This is also something I like.” Soros laughed.

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

“From what you said, you must have some good 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, and also trade Pounds that year!” Feng Yu looked at Soros.

Soros smiled. He knew the person in front of 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 while eating.”

Feng Yu tasted the food, and it was delicious. But Feng Yu is not used to using knives and forks. Also, Feng Yu was here 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 tycoon 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 your secrets, but looking at you made me feel old.”

You feel old? Even before I come back into this life, you are still the world’s top fund manager. Your personal asset might 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 feel old?

“Soros, people must be blind if they think you are old. Your hedge fund’s annual returns are more than the entire financial 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. But if Soros brought a group of speculators with him, Feng Yu will surely lose.

Facing this old man in his 60s had given Feng Yu lots of stress. Although Soros’s personal asset is not more than Feng Yu and Bill Gates, Feng Yu had to take precautions against him.

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

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

Translator’s notes: This is the start of a new arc, the 1997 Asia financial 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