The Year 1979 in My Life

Summary

In the 1980s, Huang Bing Xin was skeptical about shorting US stocks, given the market's unprecedented growth. Despite Li He’s insistence on taking a massive risk with $600 million, Huang pointed out the strong economic indicators and employment rates. Li He dismissed concerns, citing similarities between the current market and historical crashes. He decided to pursue high leverage through Goldman Sachs, pushing for $100 million in funds from Yu De Hua for a short-term investment. Meanwhile, Li He faced challenges in balancing his academic responsibilities with urgent financial maneuvers, reflecting a struggle between personal autonomy and professional commitments.

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