Chapter 728 Greed When Others Are Afraid
The policy of the United States is like this, and the good community will get better and better. Bad neighborhoods get worse and worse.
Don't you dislike the police?
Well, house prices have fallen like this, and it seems that there is no property tax anymore. Since there is no money, shouldn't the police station also be abolished?
Don't think it's a joke, it's true, the black buddies community is the most chaotic, but the number of police is the least. The nearest police station is also a few blocks away.
Rodneykin's case is dealt with, and the black buddies seem to have a bad breath. But, as you may seem to forget, the police are also victims. I just caught a thief, and now I'm going to jail.
Hehe, you still expect these people to maintain law and order?
"Okay then, since it's not safe, I won't go. Gone, there's nothing left here. ”
"Good"
William White walked around downtown Los Angeles, and the paparazzi were a little depressed. Nima, we've been following us for a long time, why don't you come down and take a look.
Follow other celebrities, they will directly paste them to take pictures, even if they make some dangerous moves, others are helpless to take them.
Barley Security can't do it here, those guys are really going to knock you out of the way.
If that's all there is to it, they're not afraid, isn't that also news?
It's troublesome for the lawyers in the back to hold them accountable, it's not a question of who is right and who is wrong, and you don't have time to entangle with them.
After a night of silence, William White arrived at the White Center early the next morning. If there's nothing special, he's usually here for most of the day.
"Boss, early. ”
"Morning, Filson, how are U.S. stocks performing today?"
"Yesterday's non-farm payrolls data was good, however, the market was relatively light due to concerns about the huge losses of the blue giant. ”
"In this way, the Nasdaq's performance should be average. ”
"Yes, food, health care are stimulated by good news, and the performance of other sectors is very average. By the way, we have recalculated the losses of the blue giant, and they will probably have a loss of 8 billion US dollars. ”
William White was stunned, eight billion in this era is simply astronomical. Even for him, the richest man in the world, he still feels a pain in the egg.
The amount of money you have does not mean how much cash you have. If you ask William White to take out eight billion dollars of dollars at once, I'm afraid he will be very embarrassed.
Even if your assets are in hundreds of billions, you still can't take out the money. The reason is very simple, everyone is playing the capital game, your asset has increased in value, okay, go and get a little money from the bank.
Your business is doing well, of course, there is no problem, and you can increase the loan anytime and anywhere. It's really not good, you just sell a little bit of shares.
As for the oil and the iron ore, I'm sorry, the bank will definitely be cautious. Don't say anything about increasing loans, if it is not for your other industries, the bank will definitely destroy you to repay the loan early.
"Filson, how much cash do we have now?"
"If you squeeze it, it's about 500 million. ”
"500 million? Their market value is less than 30 billion, and if I need about 5%, I should need 1.5 billion. ”
"Yes, it's hard for you to collect this amount in the market. Although their stocks are falling, the trading volume is not significantly amplified. It is clear that the major shareholders are optimistic about this change. ”
"The world of legends and the Vikings are in trouble now, so let's pledge Tesla's shares, if it doesn't work anymore, we can only go to the footbasin to find a way. ”
"Boss, wouldn't it be too risky. The loss of oil here is still very large, and the desert tyrants are now crazy, and they are desperate to increase production. ”
"If there is a problem with the oil company, I will consider selling the property in Xiangjiang. ”
"Okay, that's all, boss, you won't have a big investment lately, will you?"
"No, the next few movies, they are all rushing to give money. ”
Filson didn't know the potential of IBM, and how could William White not know. In just a few years, the market value of Big Blue has exceeded 160 billion. The guy named Gerstner is completely worthy of his high salary.
Someone said that after Gerstner left, the blue giant returned to mediocrity.
Hehe, that's not true. Gerstner is a very good professional manager, that's all.
These people have a common problem, they like to be short, flat and fast. Projects that will bring huge profits to the company in the short term, they will do whatever it takes. As for those long-term development plans, they are not in the list of considerations at all.
Will you make a huge profit in two or five years?
Nima, the labor and management are gone, and your huge income is worth eggs, so do you let the guy who takes over take advantage?
Don't be surprised, professional managers are like that, and so are the guys under William White.
You see, the research and development of something for Mao is in Bell Labs?
There's no way around it, and if you force them to start a R&D project, most of these professional managers will run away.
The salary is not something he cares about at all. The company's earnings increase market capitalization growth, these are things that need to be rewarded. Their employment contracts are more like business contracts between enterprises.
Buying the blue giant, Filson and the think tank are very much in agreement. They're busy with these things these days, and as long as this big monster solves the problem of redundancy, it's not very difficult to make a profit at all.
How ridiculous it is that such a ridiculous system of hiring a father and a son for life actually appeared in a high-tech company.
Sounds familiar?
That's right, the company of the foot basin almost treats IBM as a god. Their successful entrepreneurs, the companies they most want to copy, are the blue giants.
Many people say that after the bubble economy burst, the foot basin enterprises gave up the lifetime employment system and began to learn from the professional manager system of the United States. After Suomi Nissan, even the CEO is a ghost.
Actually, they're still learning IBM. Footbasin people stubbornly believe that since IBM can succeed, they can succeed too. Isn't it just to pay some price, what's the big deal, it's still these shareholders who benefit the most.
As it turned out, they overthought. Professional managers actually have no discipline, if you want such a person to work hard, there must be the extreme of constraints.
If one is not good, people will stage an MBO.
This kind of thing is in the country of Mi, in Europe, in the whole world. If you don't have effective checks, why do you think they can't do it in the footbasin?
Looking at Paramount's acquisition, although Barry Diller failed, it also broke Paramount's bones. This old guy has been away for too long, and if he sits in the position of CEO now, Lei Shidong may not have a chance.
Even if he fails now, he can pull a mountain out and do it alone.
"Someone's account?"
"The White Fund, originally thought they were pumping up shipments, but now it seems that this is not the case. They buy far more shares than they sell. ”
"Charlie, did he sell Coca-Cola stock?" Buffett doesn't like the IT industry, he prefers the traditional industries that he is familiar with.
"I'm afraid you're going to be disappointed again, old man, I found a problem, this guy's investment is actually super long-term. What the outside world is talking about is a master of speculation, obviously the donkey's lips are not the horse's mouth. ”
"He's certainly not an opportunist, and everyone knows what the problems with IBM are. It is not so much that he is optimistic about IBM, but that he is optimistic about Gerstner. Tsk, leave the matter of moving the knife to outsiders, I'm afraid there is no way out. ”