N-M Chapter 1303, Chapter 1312: Go find Naoki Nagayama! He can solve the stock market crash!!!
Chapter 1303, Chapter 1312: Go find Naoki Nagayama! He can solve the stock market crash!!!
Chapter 1303, Chapter 1312: Go find Naoki Nagayama! He can solve the stock market crash!!!
The wailing on Wall Street has only just begun, but the sound has already reached London.
The London Stock Exchange, which is five hours behind New York, had about two hours left before closing. However, news from New York sent panic through the London market, and investors began selling off their shares.
By the close of trading on the London Stock Exchange, share prices had fallen by nearly 10%!
Because of the Bretton Woods system, the currencies of various countries were already closely related to the US dollar.
The day before, U.S. Treasury Secretary Baker said in an interview that "the U.S. will consider allowing the dollar to continue to fall," which had already caused turmoil in European markets and the Hong Kong Stock Exchange, which is connected to international markets. Stock prices were already falling after the market opened.
Earlier, the Hang Seng Index in Hong Kong had already fallen 420 points by the close of trading, a drop of over 10%, and other Asian stock markets were also experiencing volatility.
However, at this point, everyone can still stubbornly insist it's a "technical adjustment" and that things will recover quickly; market confidence is quite high.
Especially in Japan, with its strong economy, there's no fear of a depreciating dollar. So, the Nikkei index in Tokyo, which closed early, only fell by about 2% on October 19th, leading to widespread ridicule of Tree Friends Capital as cowards and clowns.
However, the sharp drop that occurred after the opening of the New York Stock Exchange rendered this claim meaningless.
In his apartment, Nakai Genta was watching the latest news from New York on TV. The screen showed David Ludd, chairman of the U.S. Securities and Exchange Commission, being interviewed by reporters.
When asked by reporters, this newly appointed financial tycoon responded tactfully:
"We cannot rule out the possibility of a short-term market suspension to address the order imbalance."
"!!!"
Upon hearing this, Nakai Genta knew he was in trouble!
In a market so volatile and investor sentiment so unstable, they won't listen to your long explanations or pay attention to technical terms like "portfolio insurance strategies." They'll only focus on one key word—
"Market Closed!!!"
With the New York stock market experiencing such a sharp decline, a trading halt means that stocks can't be sold and are stuck in your hands!
"This guy really put the last straw on the camel's back!"
Nakai Genta took out a bottle of ice-cold beer and drank it down, but the cold liquid couldn't extinguish the fire burning in his chest. He muttered to himself:
"Let it fall, let it fall, the harder it falls, the more money we make!"
"."
In the afternoon, information about the interview reached Wall Street.
Sure enough, after hearing this news, retail investors and investment institutions who had been waiting and watching before using pension funds, mutual funds, and insurance funds to buy stocks all started a frenzied sell-off!
The Dow Jones Industrial Average, which had shown some signs of recovery in the afternoon, has started to plummet again!
By 2 p.m., the New York Dow Jones Industrial Average had fallen another 250 points and was still plummeting!
By 4 PM, when the New York Stock Exchange finally closed, the Dow Jones Industrial Average had fallen by more than 500 points, plummeting from over 2200 points at the opening to 1700 points, a drop of more than 22%!
At this time, it was just past midnight in Tokyo!
The lights were still on at Shuyou Capital in Ginza, but the 12th floor had become quite crowded with people. Some were individual investors, some were brokers from investment institutions, and some were former clients.
They were all summoned by phone calls from employees of Shuyou Capital. Some reeked of alcohol, clearly rushing to a party, while others had bloodshot eyes, probably having been woken up from bed. At this moment, everyone's face showed fear, relief, and lingering apprehension.
"You should thank Tree Friends Capital, and thank Naoki-san!"
Some employees were loudly brainwashing them.
"The US market has completely collapsed. Tomorrow, no, this morning when the Tokyo market opens, it will definitely experience a crash!"
"However, we at TreeFriends Capital anticipated this crisis and have been preparing for it for some time now!!!"
"From now on, everyone must follow our lead closely. We must rise against the tide in this crisis."
Those who remain are loyal supporters of Tree Friends Capital, clients who have been selected and retained.
At this time, the sharp drop in US stocks made Naoki Nagayama's previous investment strategy the wisest move, and everyone's confidence in Shuyou Capital soared to its peak!
In the early hours of this morning, Tree Friends Capital brought everyone together to unite in the face of the impending stock market crash and make a fortune during the disaster!
"If you have friends or clients, you can bring them along too."
"Okay!" "Of course!" "We will!"
It has to be said that the frenzied atmosphere at Tree Friends Capital at this moment is somewhat like a pyramid scheme!
Time passed by, and the morning sun shone brightly over Tokyo.
The glass curtain wall of the Ginza Building gleamed in the morning light, making it seem as if one had entered a shimmering silver city.
However, starting from early morning, investment companies and financial institutions in Ginza were all thrown into panic!
Just an hour earlier, the Hong Kong Stock Exchange announced that the entire Hong Kong Stock Exchange would be closed for a week and would reopen on the 26th!
Prior to this, Chicago and New York in the United States, and London in Europe...
Many markets around the world have been severely damaged. In just one day, the New York Stock Exchange burned through $500 billion of the United States' GDP, which is almost one-eighth of the country's annual GDP!
Nomura Securities' department head, Chihiro Sugano, arrived at the company early, staring nervously at the headquarters' computer screen, though he tried to reassure himself:
"No, no, Japan has its own national conditions and will not be defeated by a small disturbance!"
"When the Tokyo Stock Exchange opens, things will definitely be great! Just like the weather today!"
"."
The investment manager next to him, Ryosuke Ikegami, was holding a landline phone, with traders already in position, ready to start selling the moment the market opened.
The minister has a comprehensive view, but as an investment manager, he naturally needs to ensure that his own account is profitable!
"I wish I hadn't bought those high-risk stocks!"
Ryosuke Ikegami felt regret.
"That Naoki Nagayama actually won his gamble!"
"Unfortunately, it looks like my account is going to be affected."
At this moment, they still believe that the Japanese stock market will only be slightly affected.
The largest securities firms in the vicinity, such as Daiwa Securities, Mitsubishi UFJ Securities, and Mizuho Securities, as well as various private equity funds and investment companies, mostly share the same view that Japan will definitely be able to buck the trend in this stock market crash!
After all, Japan's economy is booming right now, and everything is at its best.
There is absolutely no sign of a downward trend!
"Tree Friends Capital is nothing but a fluke!"
"Naoki Nagayama is just a coward; he just happened to avoid this crisis!"
"However, my lack of self-confidence and self-control shows that I am still too young!"
"."
Now, everyone has to admit that TreeFriend Capital's previous actions were indeed the right gamble!
"Clang~~Clang~~Clang~~~"
They learned everything from the West, so the Tokyo Stock Exchange rings a bell when it opens.
The moment the market opened, all investors saw the Nikkei 225 index begin its unstoppable decline from 25746 points!
25746 points!
25646 points!
25500 points!
25126 points!
24997 o'clock!!!
24789 points!
"."
As the Nikkei index continued to decline, the atmosphere in the trading floor became increasingly tense, with some people even starting to cry. Japanese stocks began to plummet!
The Japanese stock market has also crashed!!!
Inside the observation hall, numerous investors stared at the declining stock prices and loudly questioned:
"Honkuni?!" "Masaka?!"
"Neon lights have started too?" "This is fake! Fake!!" "No one is buying, it's all selling!"
"."
Numerous discussions quickly spread, and as the news spread, panic gripped the entire city of Tokyo!
You know, the Japanese stock market has been soaring in recent years, and almost every household in Japan with a little spare money invests some in it! Even more extreme, some people are increasing their leverage so rapidly!
Even large corporations have their own "investment departments" that use company profits to invest in stocks; each company is essentially a small private equity fund!
Some particularly daring investment managers, deeply understanding the principle of high risk and high return, use leverage that is astonishing!
People flocked to the streets, heading towards the Tokyo Stock Exchange, eager to see the latest, most up-to-date stock prices.
But now, outside the Tokyo Stock Exchange in Chuo Ward, there is already a chorus of cries of despair!
Many people were outside, stomping their feet and crying loudly, while others remained silent, not uttering a single word. Within hours, they went from millionaires to paupers or even in debt!
As soon as they saw cars coming down the road, a figure rushed forward!
"boom"
A figure rolled on the road, severely injured. The siren of an ambulance grew louder as it approached.
In the following hours, the police had to send in several patrol cars to maintain order at the scene and prevent any unforeseen incidents from occurring!
However, this did nothing to help!
There are still bankrupt people who randomly find a river in the city and jump in!
Inside the subway station, a dazed passenger jumped onto the tracks just before the train arrived!
The unrest started in Chuo Ward and quickly spread to nearby Ginza, Shibuya, Shinjuku, and Chiyoda.
In a very short time, all of Tokyo was filled with all sorts of cruel news!
By the afternoon, the Nikkei 225 had plummeted to 23786 points, and numerous blue-chip and high-performing stocks were falling sharply, with no one daring to buy in!
Ryosuke Ikegami, an investment manager at Nomura Securities, was shouting into the phone at that moment:
"Sell! Sell now!! Sell everything!!! At this point, just avoiding debt is enough!!!"
Meanwhile, the entire Nomura Securities headquarters was filled with such cries; all the investment managers were now in a frenzy, and they were constantly receiving calls from clients.
No need to ask, they're all going to be sold off!
Minister Chihiro Sugano stared blankly at the computer screen, seeing the waterfall of green data, and completely lost his previous composure and confidence.
After finishing his phone call, Ryosuke Ikegami finally thought to light a cigarette to calm himself down.
However, due to trembling hands, he was unable to light the fire several times.
He angrily crumpled the cigarette into a ball, threw it aside, and then glanced at his minister:
"Minister Kanno, have you ever experienced a stock market crash like this?!"
".No"
Chihiro Kanno opened his mouth, then let out a long breath, his whole body hunching over.
I was just born during the 1927 US stock market crash.
"Moreover, this is the first global stock market crisis since the marketization of the world!"
"Then...!" Ryosuke Ikegami was stunned. "What should we do?!"
"."
Chihiro Sugano opened his mouth, but didn't speak. He genuinely couldn't think of what to do for the moment! His past experience had helped him dominate the stock market, but this time...
I have no experience!
Their conversation attracted the attention of many investment managers around them, and after Minister Sugano fell silent, everyone was momentarily speechless.
"or."
Suddenly there was a sound.
"Shall we go ask Naoki Nagayama?"
These words immediately stirred something in everyone's hearts!
Indeed, Naoki Nagayama's Tree Friends Capital predicted this crisis almost a month in advance!
Moreover, he continued to promote his company's views in the market. What's even more impressive is that before the market closed last Friday, he actually further reduced his own account!
It's like... it's like predicting a major disaster next week!
Although people in the Japanese financial world were laughing at him on Monday, now that I think about it, Naoki Nagayama's prediction was right!
However, he predicted the New York stock market crash on Monday! In Japan, it's only a day late!!!
"Let's go find Naoki Nagayama!!! He definitely knows what to do!!!"
In a panicked atmosphere, a reliable idea will immediately gain everyone's approval!
It started with Nomura Securities and then spread to Daiwa Securities.
"Naoki Nagayama's Tree Friends Capital adopted a conservative strategy, ensuring that clients' funds were not lost!!"
Soon, the private equity firms heard about this and were all ashamed of themselves!
"TreeFriends Capital predicted the stock market crash! We shouldn't be laughing at them! We're the clowns!"
Then, someone leaked this information to the outside world, and many retail investors learned about it. In this once-in-a-decade stock market crash, one person went against the tide, not only protecting his own assets but also potentially making a fortune!
"Naoki Nagayama foresaw the stock market crash!"
"Therefore, TreeFriend Capital perfectly avoided the stock market crash!!"
"Naoki Nagayama knows how to handle a stock market crash!!!"
"."
People in a panic are like sheep; as long as one person takes the lead, everyone will move in the same direction!
"What if Naoki Nagayama doesn't give us guidance?"
"Then kneel down and beg me on your knees!!!"
Gradually, by the afternoon, the area outside the Ginza Shuyu Capital building was surprisingly crowded with disheartened investors, just like the Tokyo Stock Exchange!
Meanwhile, in the office of Shuyu Capital, Naoki Nagayama had just received a major client of Shuyu Capital—Tadatoshi Takei, the chairman of the Shizuoka Forest Federation!
"Thank you very much, TreeFriend Capital."
Tadahiro Takei expressed his sincere gratitude.
"From the early hours of yesterday, I knew that trusting Naoki Jun was the right thing to do!"
The Nagayama family bought a lot of forests in Shizuoka and were almost becoming the major forest owners in Shimizu, so they came into contact with the large association, Nature and Forest Union.
Naturally, the private equity fund pooled together by all the forest owners of the Shizuoka Forest Federation, including the fire prevention fund, was put into the management of Tree Friends Capital, which has a total value of more than 20 billion yen, making it a major client.
"Although we ourselves advocate stable returns, some members recently complained that Tree Friends Capital was not making any profit at all."
"I never expected Naoki-san to have such foresight!!!"
"President Takei, you flatter me. I was just being cautious!"
Naoki Nagayama replied with a smile.
"For the sake of my own assets and those of all my clients, the more stable the better!"
"Yeah!"
Tadashi Takei had a broad smile on his face. As someone in the timber industry, he naturally paid close attention to news from the global market. He had known since yesterday that stock markets in various countries had crashed, and he had been quite worried.
But before that, the investment manager of the tree friend called to say that all their funds were safely in the account, which was simply great news from heaven!
He couldn't be more satisfied with Nagayama Naoki right now. If he had a daughter, he would definitely send her to Nagayama Naoki's bed right away!
"After Naoki-san, what should we do?" Takei Tadatoshi asked. "Should we stick to a conservative strategy and avoid this stock market crash?"
“No,” Naoki Nagayama shook his head. “The Japanese stock market is different from that of New York and London.”
"Since the Plaza Accord, the Japanese stock market has attracted a large amount of foreign capital. Now, given the current situation, this hot money dares not flow to other markets."
"Moreover, Japan's economy is very strong, and this stock market crash is just a temporary setback. I believe it will recover quickly!"
Indeed, this was the case; Japan's stock market crash was largely unaffected by government intervention, and the economy recovered quickly.
"Therefore, my plan is to take advantage of the current market downturn and buy the dip!!!"
"ah?!!"
Tadashi Takei's eyes have grown bigger.
"Buying the dip?"
"Yes, this is a rare opportunity!"
Naoki Nagayama nodded. He didn't dabble in stock index futures in Japan; he simply wanted to lay the foundation for the future development of Tree Friends Capital by buying at the bottom.
Be fearful when others are greedy; be greedy when others are fearful!
His company now has a large sum of money in its accounts, while stocks outside have collectively plummeted.
Isn't this the perfect time to buy at the bottom?!
Once the stock market crash is over, Tree Friends Capital will be an investment company holding hundreds of the best stocks in Japan!
"Haha, Naoki-san is indeed extraordinary!!!"
Tadashi Takei quickly echoed the praise, now completely convinced of Naoki Nagayama's abilities.
After chatting for a while longer, Tadashi Takei got up to say goodbye, and the office became quiet again.
Naoki Nagayama closed his eyes, trying to soothe his tired mind. He hadn't slept all night!
Just then, Kanai Hiroka rushed in, her voice trembling with tension:
"Naoki-san, Naoki-san, something terrible has happened!!"
"what?"
"A lot of people have arrived at the entrance!!! And there are even more downstairs!!!"
Kanai Hiroka's face betrayed her undisguised panic.
"They said they came to see you!"
"Looking for me?" Naoki Nagayama asked in surprise. "Who is it? What do they want?"
"Some are investment managers, some are private equity fund managers, and some are retail investors, they say."
Kanai Hiroka was so flustered that she couldn't say anything, which made Nagayama Naoki anxious!
"what did they say?"
"They said they came to see Naoki-san, wanting your help and guidance on what they should do!!"
"ha?!!"
(End of this chapter)