After being busy for more than a month, to be honest, Kyle is a little tired.
I feel so tired!
The foreign exchange financial market is changing rapidly and is full of unpredictable risks. If you don't have a good physique and a strong heart, don't enter it lightly, otherwise, you may easily die suddenly.
"Boss, thanks to the intervention of the five permanent members of the UN Security Council and the support of the International Monetary Fund, the Southeast Asian foreign exchange market is temporarily stable. So what should we do next?"
Henry Jugenburg said.
Kyle pondered for a while and made a decision.
"I'll give you $20 million in mobilisation authority. You and our Gale Capital team will have free rein in the foreign exchange market. However, if the loss rate exceeds 30%, I will halt the operation at any time. Well, until I inform you of the next plan, that's it for now."
"Okay, boss," Henry responded.
Kyle is quite satisfied with Henry and the team at Gale Capital.
In the operation of this financial crisis, if Kyle relied on himself alone, he would certainly not be able to make a profit of 260 million US dollars in one fell swoop. Henry and others also gave Kyle a lot of valuable advice during the process.
Now that he's giving them $20 million to operate, he can test their ability to operate independently. Even if they suffer losses, they won't be huge, and Kyle can always call a halt to the operation. If the results are good, Kyle won't mind giving them more authority in the future.
During the 1997 Asian financial crisis, Kyle's involvement came to a temporary halt.
But!
Again, the decision to short the Japanese yen at the end of October and the Korean won in mid-November will not change!
Moreover, Kyle plans to do some ruthless things by then.
Compared with the foreign exchange markets of Japan and South Korea, the financial crisis in Southeast Asia can only be regarded as a younger brother!
Look at how much the Japanese Yen has depreciated since the financial crisis...
Before the Asian financial crisis, 115 yen could be exchanged for 1 US dollar. By April 1998, the exchange rate had fallen to 133 yen per dollar, a drop of more than 13.5%.
Between May and June, the Japanese yen exchange rate continued to fall!
At its lowest point, it was close to 150 yen to 1 US dollar.
In other words, in just six months, the Japanese yen fell by more than 23.4%! In a sense, this means that the Japanese national strength has declined by more than 20%; if we look at the economic situation, the Japanese economy has regressed by 6 to 8 years.
"Of course, this isn't the first or second time they've been exploited by the US."
For example: the signing of the Plaza Accord between the United States and Japan in the 1980s, the real estate bubble in Russia in the early 1990s, etc. If you say that America has no part in this, people all over the world will not believe it.
During the Asian financial crisis, South Korea was the region that suffered the most!
No.1!
In mid-November 1997, affected by the financial crisis, the Korean won hit a record low of 1,008 won to the US dollar.
By December 13, the won-dollar exchange rate had dropped to 1,737 won to 1 dollar.
The drop is more than 46%!
"The damage was much greater than what the Japanese suffered!"
You should know that even in April 2020, the exchange rate of the Korean won to the US dollar was only 1226:1.
With such a great opportunity, how could Kyle, who always valued money, just sit there and watch?
...
Mid-August.
After being busy for a while, Kyle returned to Los Angeles.
Kyle, who originally planned to rest for a few days, found that he had no extra time at all. Golden Dawn Entertainment Group had a lot of things that needed Kyle to handle personally.
Matters concerning the finals of the talent show;
A joint carnival after the finals of "America's Got Talent" and "Britain's Got Talent";
LinkedIn's promotion adjustments;
Icq's plan to raise money through listing;
The release and promotion of the movie "The Sixth Sense";
Promotion and marketing of the Harry Potter books;
Personnel arrangements for middle and senior management of Golden Dawn Entertainment Group;
etc,
Although Victor can handle some things, there are still many things that require Kyle to make the final decision personally.
As for being a completely hands-off boss?
Haha, you're overthinking it!
"Never overestimate the work ethic of a professional manager, even if he has never made a mistake."
Kyle has always regarded this as the principle of corporate management. Even if Kyle trusts Victor and others, once they embezzle company assets and sell out the company's interests, it will probably be too late to intervene.
Therefore, preventing problems before they arise and being cautious are things that cannot be ignored!
....
August 17th.
Page Films.
On this day, Kyle was watching the detailed data of the movie "The Purge" in Victor's office.
IMDB rating: 7.3 points;
Popcorn index: 81%;
The film's official website has received over 150,000 reviews;
North American box office: $126 million, enough to rank tenth in the 1997 North American box office rankings;
Overseas box office: US$84.5 million.
The Purge's total global box office has reached $210.5 million, and the final box office is expected to be $220 million.
It has to be said that after Kyle's efforts and Zack Snyder's directing skills, the film is much better than the original time and space. The total box office has increased by 80 million US dollars, and the film rating is also much higher.
"Good, good. It seems there's no problem handing '300' over to Zack."
Kyle was quite satisfied.
"Bang, bang, bang!"
Just at this moment, there was a knock on the office door.
"Come in."
The person who came in was Victor's assistant, Kevin Feige, who is currently the vice president of Page Pictures.
"Hey, Kevin! What's up?" Kyle asked.
Kevin Feige nodded and said, "Boss, our company has already acquired the copyright to Spider-Man. Since we already have this copyright, why don't we also acquire the film and television rights to more Marvel Comics superheroes?"
"Oh? Go on."
Kyle watched him with interest. If only he had known Kevin Feige was a devoted Marvel Comics fan, a passionate one. Otherwise, in his original time and space, he wouldn't have turned down so many excellent job offers and resolutely chosen to join the now-bankrupt Marvel Studios, eventually becoming its president.
Kyle has long been interested in the film and television rights of Iron Man, Hulk, Black Widow, etc., but he just doesn't have the extra time.
"Boss, from what I've heard, although Marvel Comics still has a lot of superhero copyrights, most of them are unknown characters. The copyrights for mutants, Deadpool, the Hulk, Black Widow, Captain Marvel, etc. are currently lost."
"Furthermore, apart from 20th Century Fox's plans to film 'X-Men', there is only 'Blade' being prepared for filming by New Line Cinema. Other companies that hold the copyrights still have no plans to film."
"if!"
"I said if!"
"If 'Blade' does well at the box office, the prices of other superhero copyrights will inevitably rise, so if you don't act now, you'll miss the opportunity."
"At the same time, because DC's Batman suffered huge losses two months ago, the price of comic book adaptation copyrights has dropped significantly. Therefore, now is the best time for us to acquire comic book film and television copyrights!"
At this point, Kevin Feige said solemnly: "Boss, I suggest that we start the comic copyright collection plan immediately!"
Kevin Feige is a sensible man!
This time he took the initiative to propose these things to Kyle. It was not a sudden idea, but something he had been planning for a long time. From the thick stack of plans he handed to Kyle, it can be seen that he was well prepared.
"Good!"
After reading the plan, Kyle shouted, "Kevin, I agree."
"real?"
Kevin Feige was immediately excited because he was such a veteran comic fan.
"Of course it's true. Now you just need to tell me how much money you need. Is $10 million enough? If not, I can add another $5 million later."
Kyle was very proud at this moment.
It's just money. Kyle made a lot of money during the financial crisis, so why is he still short of this?
It's all small money!
They are all useless!