American Fortune Life
Chapter 1950: Remedy for harm
"Good morning, boss."
As soon as the elevator door was opened, he was wearing a white and black ol suit, with his hair in his head, and a little assistant with a light shu female charm smiled and greeted.
"Well, what are the schedules for today?"
After returning to the family, Andy, who had been with his son and Ivana for three days at home, had to return to his busy work. Now, he can no longer be as capricious as before, and he is the shopkeeper. There are also many companies under management, relying only on the professional ethics of professional managers. In the end, it may be the beginning of the collapse of the empire that he worked hard for.
In particular, he is also the chairman of three listed companies. This is not a job that he can leave his hands behind. He will not go to work for three days, and the backlog of work is really enough for him to work all day.
"... There is only a financial meeting at 9 o'clock today, but the day after tomorrow is the regular board of directors of Starbucks. The boss needs to be present to chair the meeting."
"That said, I want to fly to Seattle? Can videoconferencing replace it?"
Entering the office, Andy sat on the boss chair, picked up a stack of folders already placed in the office, looked at it, and frowned and asked the little assistant aside.
"I'm afraid not, because there are important resolutions to be done and the boss's signature is required, so ..."
"Well, you call the crew and let them prepare, this afternoon ..." Andy glanced at his watch and frowned. "I will be at the airport at three in the afternoon."
"Okay, boss, this is my arrangement."
Watching the back of the little assistant twisting his waist, Andy took out his mobile phone and called Ivana to inform him of his schedule. On the phone, although Ivana was very reluctant, but there was no way, a success Entrepreneurs and flying talents are the norm, and sometimes family and career are really difficult to balance.
Shaking his head to hang up the phone, Andy quickly put in the work of approving the backlog of documents. Fortunately, many things have been screened by think tanks, and his workload has been reduced a lot.
In the conference room, Andy was very relaxed leaning on the boss chair, with one arm sideways on the conference table, and the other hand casually glanced at the financial report given to him by the think tank, while listening to the report of the think tank members explain.
"That said, I currently have less than 6% of Santa Fe in Burlington North, the second largest rail company in the United States ..."
Andy saw a number on the file and looked up to the middle-aged Chinese who was reporting to him. The numbers were talented and the Chinese were outstanding. Therefore, Chinese faces are not uncommon in his think tank .
"Yes boss, according to your instructions, we have been continuously attracting money, but because of the repurchase of Santa Fe in the north and the snap-up of the other party, we have only received 5.7% of the shares. At present, According to our information, Santa Fe North holds 77% of the shares. "
"Oh, Al, look, what do I say, this is the goal of Warren Buffett." Andy said with a smile to his chief think tank.
"If Warren Buffett finally completes the acquisition, it will be his bet on the US economy." Alvitre pushed his glasses and smiled lightly.
"Oh? Can a railroad company be the embodiment of the American economy?" Andy frowned slightly, but was interested by Al's judgment.
"It is true that in the railway industry, this ancient form of transportation has been continuously modernized in recent years. The efficiency of trains has increased, the number of employees has decreased, and profit margins have increased.
Plus, the industry has promoted itself over the years as a more environmentally friendly alternative to congested and outdated road systems, with rail accounting for 43% of total US freight. Santa Fe North has 32,000 miles of railway, more than 10 times the distance between the east and west of the United States. They have merged or acquired 390 different railway lines in the past 150 years, with a total of 40,000 employees. The company is the largest coal and grain company. Rail transporter.
Coal is transported every year for 10% of US households, and the grain transported is equivalent to 900 million people a year's ration. If Buffett wants to acquire this railway company, he is undoubtedly betting on the recovery of the freight industry. Although there is not much sign of recovery now, the most active performer in the railway industry regarding the volume of traffic is just saying that the downturn seems to have bottomed However, because the North Santa Fe company carries everything in its package, it can almost be regarded as an indicator of economic activity.
More importantly, if it is acquired at this time, it will be very cheap, not generally cheap. This is the second largest railway company in the United States. According to the current stock price, it is only more than 30 billion US dollars, plus its operating profit level. It's really the same as Bai picked! "
"Yeah." Andy reached out and touched his hun, squinting his eyes, smashing it a few times, and said quietly: "This is indeed consistent with Buffett's consistent investment taste, favor those who do not rely on cutting-edge technology to achieve considerable Profitable company, so if we did n’t give him that, maybe he would choose to buy Costco. "
Speaking of this, Alvettel also shook his head helplessly and laughed. He was also very speechless about his boss's insidiousness. It was really a bit detrimental and did break through Warren Buffett's acquisition of Costco, but at the same time It also made the two founders of Costco a startling bird. They began to pay attention to the whereabouts of their stocks on the secondary market, and began to allocate funds to prevent malicious acquisitions by some barbarians. The low-key sucker was exposed to the other's sight early.
"Boss, Costco sent you an invitation to the board of directors. How can we respond, reject or agree?"
"Hey……"
Speaking of this, Andy couldn't help crying or laughing. There are really too many smart people in the world. As soon as he was exposed, the two founders of Costco immediately sent him invitations. Come to test his ambitions for Costco, the idea of collecting, and even the idea of mixing sand into Costco's board. After all, they already know that the board of directors of their company has become a sieve. If you don't respond, it will really be squeezed out.
"Agree, since it has already been discovered, then it is no longer feasible to complete a one-shot killing acquisition, and if the other party is prepared, we need to pay too much. At present, It ’s only slowly eating away from the inside. After all, youth is my biggest advantage. Constantly eating away, one day, Costco will become my asset! "
Since he didn't want to spend too much for a malicious acquisition, Andy had to choose to do things from the inside. Anyway, no matter the founder or several shareholder directors, they are all seventy and eighty. Even if they are well maintained, how many years can they live? ?
"However, this is also a loss for me. Someone must be held responsible for it. Then let Buffett pay for it!" Andy narrowed his eyes, blinking fiercely, and said coldly: "Continue to acquire Burlington North St. Duffy's stock, I bet he wanted to completely privatize this company. Since he has made such a big bet, he cannot possibly not want to own the company permanently. By then, these stocks in my hands will become the largest A bargaining chip, you can sell for a good price! "
Andy still knows something about Warren Buffett. For the things he likes, he also has the kind of personality that is exclusive. Whether it is a candy company or an ice cream company, Warren Buffett has completed the privatization, the second largest railroad company in the United States. How could he not be monopolized, and instead he would be Andy Smith, he would definitely find a way to complete the privatization, just like Andy bought nb Universal, not for next month or next year, but to own this company permanently!
Everyone in the meeting room laughed at each other's plans for their boss's plan.