I Want To Be a Rich Man on Hong Kong Island
Chapter 563: 【Bargain hunting】
Chapter 563 [Shopping Bottom]
Wu Xianlei has had some tension since he knew that the Australian media tycoon Murdoch was also chasing the New York Post;
There are more than 20,000 newspapers and periodicals in the United States, which is a huge number;
However, the weight, or popularity, of the "New York Post" can be ranked in the top 20 in the United States, and it was once the top newspaper in the United States;
A lean camel is bigger than a horse!
What's more, it is generally difficult to sell such heavy newspapers;
Therefore, Wu Xianlei knows that the New York Post is the backbone of his own up-and-coming media in the United States, and there is no room to lose.
So, Wu Xianlei visited Mrs. Dolly Schiff at intervals,
The effect soon came to fruition. After Mrs. Dolly Schiff confirmed the new tax law to be implemented through her lawyer, she did not hesitate to choose the young Wu Xianlei as the new owner of the New York Post.
In the whole process, Mrs. Dolly Schiff did not consider the Australian media tycoon.
"Child, thank you for your company these days, let me experience the long-lost family affection!"
"Mrs. Dolly Schiff, if you don't mind, I can visit you often in the future! You are a kind mother and a wise predecessor. I can learn more from you! "
Wu Xianlei really wants to have a good relationship with Mrs. Dolly Schiff. After all, a businessman who has run the "New York Post" for decades has experience and contacts that Wu Xianlei needs.
Although there is speculation, Wu Xianlei believes that he has no malice towards Mrs. Dolly Schiff, and can only be said to be taking advantage of the situation.
"Of course! You can see that you are a child with a good tutor, and I like it very much!"
Wu Xianlei’s speculative behavior was definitely not what he wanted as a young man, but he was naturally guided by Wu Guangyao.
Wu Guangyao believes that Wu Xianlei and Murdoch compete for the "New York Post" together, and Murdoch is one step ahead;
If Wu Xianlei fails to make some tricks, he will definitely spend more money and even risk being robbed;
So, Wu Guangyao thought of a businessman named Yu Hai in his previous life. Like Mr. Jin, he deceived Ming Pao for a small price.
As for the means, it is nothing more than playing the family card, Yu Hai pretends to be a son in front of Mr. Jin, just to please him in every possible way!
Wu Xianlei is not good at pretending to be a grandson, but there is no harm in having a good relationship with Mrs. Dolly Schiff.
Wu Xianlei offered to buy the "New York Post" for US$80 million;
The price is definitely not low. Wu Xianlei didn't want to reach the last juncture, because of the price problem, he was eliminated.
"Child, can you accept to reserve 10% of the shares for the Dolly Schiff family?" Mrs. Dolly Schiff did not come and said sadly. She was reluctant to bear the newspapers and magazines that had been running for decades.
Wu Xianlei said without hesitation: “Of course! Dolly Schiff’s family can always be the directors of the New York Post!”
Mrs. Dolly Schchief was very happy to hear that, and she said: "Okay! Yesterday I discussed with my team, I originally planned to ask for 90 million US dollars. But now, I changed my mind and sold 90 million dollars in my hands. % Shares."
A deal was negotiated, and both parties did not call their own team and reached an oral agreement.
When Murdoch heard that the "New York Post" was acquired by his rival Star Media, he couldn't help but be astonished!
Why did Mrs. Dolly Scheef sell the "New York Post"?
Isn’t she hoping to tell this newspaper and pass it to her children?
Could it be that she deliberately found this reason to reject herself.
New York, Wall Street.
Wu Guangyao was not idle when his son Wu Xianlei showed off his skills;
The base of the Guangyao Family Office in New York, USA, chose to be a neighbor of the Tiger Fund, in the same building.
In Wu Guangyao's office, Morse, Robertson, and Peter Lynch, three of Wu Guangyao's most powerful financial executives, are discussing the U.S. securities market with Wu Guangyao.
For Wu Guangyao’s financial sense, the three of them admire from the bottom of their hearts!
After all, it is rare in this world to be able to accurately predict the ‘oil crisis’!
Wu Guangyao said to the three: "The Dow Jones Index is currently 650 points, which is a full 400 point drop from the 1050 points in 1973. My guys, I don’t know what you think?"
Robertson thought for a while and said: "I think I can enter the market! Before the oil crisis, under the reminder of the BOSS, I withdrew 60% of the Guangyao family's funds, which can be said to have avoided a lot of losses; however, another 40 % Of funds, the loss is now as high as 40%; therefore, the funds are currently only 2.5 billion US dollars."
The 2 billion US dollars invested in 1970, after four years of investment, became 2.5 billion US dollars, the income is indeed not high;
However, in 1973, this fund once reached 3 billion US dollars.
However, this fund itself is Wu Guangyao’s long-term value investment, and the invested companies are all well-known high-value companies in later generations;
Therefore, Wu Guangyao does not look at the immediate benefits at all.
Wu Guangyao said: "It's okay, this fund is mainly my long-term investment in buying those dozen stocks; as long as these dozen stocks do not rise in this year, then we are a successful withdrawal. Therefore, Robertson, now you immediately buy back all of these funds. With this operation, we are equivalent to earning 30%, right?"
A very simple reason, a stock sold at 100 yuan, and then bought again when it fell to 70 yuan, isn’t it a profit of 30%!
Robertson nodded, he also knew the purpose of this fund, that is, to hold the dozen stocks that the boss thought for a long time;
Johnson & Johnson, Procter & Gamble, Coca-Cola, Pepsi, Abbott, Exxon Mobil, Chevron, Boeing.
Peter Lynch was shocked and said: "BOSS, the ‘Eagle’ fund of the family office, I plan to enter the U.S. stock market immediately."
The "Eagle" Fund is a fund promised by Wu Guangyao to Peter Lynch. This fund is 100 million US dollars in total and is fully managed by Peter Lynch; therefore, for finally being able to formally manage a fund, Peter Lynch Still very exciting.
"Yes! I won't interfere with your investment. Your theory and investment methods just make up for the vacancy of a few of us." Wu Guangyao said.
Peter Lynch’s investment method is to find stocks with upside potential through various data, which means that any stock can become his investment;
And Wu Guangyao’s investment method is to buy stocks with high market value that he knows in later generations, and then conduct a T operation during the oil crisis, the 87 stock market disaster, and the 2008 financial crisis;
And Robertson’s investment is very wide, and Wu Guangyao intends to cultivate his international financial skills, the time is right, he will enter the hedge fund field, and will no longer limit the US financial market; oil, gold, foreign exchange, are his future The main direction of attack.
Morse, has now become the CEO of the family office, Wu Guangyao intends to let him help him venture capital in those start-up future giants; such as United Health, Microsoft, Apple.
It can be said that Wu Guangyao's three major financial executives have different directions, but they undoubtedly have one thing in common. Wu Guangyao will more or less remind them of the overall situation.
"Thank you boss for your trust!" Peter Lynch said gratefully.
Suddenly, Wu Guangyao thought of something, so he said to everyone: "The Guangyao family office still has a lot of funds. I want to invest in oil concept stocks in the United States and oil concept stocks in Europe; I probably analyzed it. Starting this year, the oil concept The stocks have been up for at least five years."
Morse pondered for a moment and said, "In that case, it is better to put out 200 million US dollars of funds for special investment! For these two hundred million funds, the Tiger Fund will set up a separate "Puma" fund and a family office. There is only the "Eagle Falcon" fund, Robertson and Peter each receive one, each manages 100 million U.S. dollars, how about an internal competition?"
Wu Guangyao only said to invest in oil stocks and oil service stocks, and the specific operations have to be done by professionals;
Long-term holding and short-distance doing T in the middle, these are all tests of professional skills.
Robertson and Peter agreed with confidence one after another!
Wu Guangyao finally said: "New York gold and oil futures have been established one after another. Please pay more attention to it. We will enter this market if we have the opportunity!"
The New York gold market and oil futures were both developed in the mid-1970s. In the future, there will be huge amounts of funds for transactions. Wu Guangyao is familiar with history and is a great auxiliary to these former financial tycoons.
In the face of emergencies and black swans, even the large families that manipulate the financial market will feel powerless;
What Guangyao Family Office has to do is to make a fortune in these black swan incidents!
(End of this chapter)