Buying Buffett's lunch to speculate on the stock price is not Chen Yu's brain circuit.

In fact, someone did this in a previous life.

In his previous life, Zhao Danyang, the godfather of private equity, did just that.

He was running a stock at the time, and then he paid $2.11 million to buy the power of Buffett's lunch.

Then while having dinner with Buffett, he recommended to Buffett the stocks he operated.

Affected by this, the stock instantly pulled dozens of daily limits.

Before Zhao Danyang, in 2006, Duan Yongping spent $620,000 to photograph Buffett's lunch.

What is the reason why Duan Yongping photographed Buffett's lunch?

He's not recommending stocks.

At that time, Duan Yongping made a lot of money through a series of investment operations, and he had a lot of cash in his hands, and he didn't know what to do.

So he was like Warren Buffett asking for advice.

Of course, this is only one of them.

The most important reason is that Duan Yongping wants to thank Buffett.

Duan Yongping has always regarded Buffett as an idol, and has always used Buffett's philosophy to run a business.

This made Duan Yongping a lot of profits, and he took the opportunity of lunch to express his gratitude to Buffett.

Moreover, at that time, Duan Yongping also brought the young Huang Zheng to join the contract, and everyone knows what happened later.

Huang Zheng founded Pinduoduo.

Of course, in addition to these, there is also the plot played in the movie of the richest man in Xihong City in the previous life.

In order to spend the money, the protagonist Wang Duoyu invited Buffett to dinner together.

Anyway, it's a loser, Wang Duoyu spent a lot of money to invite Buffett over.

didn't expect that as soon as I ate this meal, something bad came.

His stock skyrocketed several times in an instant.

It may seem like an exaggeration here, but that's what it is.

However, at this time in 2005, naturally Zhao Danyang had not yet started, and Duan Yongping did not have the idea of photographing Buffett.

If Chen Yu takes a picture, he will be the first Chinese to take a picture of Buffett's lunch.

After talking to Wang Dongsheng, Chen Yu immediately took action.

The annual Warren Buffett Lunch Auction has begun.

However, this auction should not be held in a live auction, he can just go to the online auction.

It's a bit like an auction system inside e-commerce.

If you want to photograph Warren Buffett's lunch, then you can bid online.

So, it's very convenient.

This time, the website of Buffett's lunch auction is on eBay, Chen Yu registered an eBay account, and searched for Buffett's lunch.

At this time, Buffett's lunch has been carried out, and 30 people have participated.

"$100,000. ”

Without hesitation, Chen Yu directly entered $100,000.

The starting price for Buffett's lunch is $25,000.

From 2000 to 2003, the auction price hovered around $25,000, and after the auction was put online in 2004, the price skyrocketed tenfold. Last year, 2004, it sold for $250,000. At this time, although it was only $100,000, it can be seen from the current situation that the sale price is definitely more than $250,000.

However, compared with the current transaction price of hundreds of thousands of dollars, Chen Yu naturally does not pay attention to it.

If this is a routine, Buffett will make tens of billions in the stock market, let alone hundreds of thousands of dollars, and Chen Yu is willing to make millions of dollars.

"$120,000. ”

After Chen Yu offered $100,000, someone soon paid $120,000.

In order to end the auction as soon as possible, Chen Yu directly entered $200,000.

This kind of price increase surprised the people who participated in the auction together.

However, in the end, the person who came to auction Buffett's lunch was not the owner of the bad money, and soon someone raised the price to $210,000.

Chen Yu directly increased it to another $300,000.

"$310,000. ”

"$400,000. ”

"$410,000. ”

"$500,000. ”

In the end, Chen Yu threw out $500,000 and won the right to have lunch with Warren Buffett.

This figure is more than $100,000 higher than the $350,000 that was finally sold in 2005.

Of course, it doesn't matter.

For this money, Chen Yu didn't care about it.

As soon as possible, Chen Yu announced the matter to the media.

[Warren Buffett's lunch is sky-high. 】

[$500,000 to lunch with Warren Buffett, would you like it?]

[It was a Chinese who photographed Buffett's lunch.] 】

[Identity revealed, Chen Yu, chairman of Huanyu Technology, photographed Buffett's lunch. 】

As a stock god, Warren Buffett naturally has countless topics.

Especially for the stock market.

When the news of a Chinese photographing Buffett's lunch spread, the market suddenly reversed when it saw that the trend was going down.

At the end of the day, it was pulled up to 1 point.

I have to say that Warren Buffett has such a charm.

As for this, what is the inevitable connection between a Chinese photographing Buffett's lunch and the rise of A-shares?

I'm afraid this can only be left to God to study.

"Sure enough, it's a god. ”

Chen Yu also sighed.

The stock market is sometimes so irrational.

Even if there is no movement, just a Chinese photographed Buffett's lunch, he can cause the rise of domestic A shares.

From this point of view, it is also worth it for Chen Yu to take pictures of Buffett's lunch.

"Mr. Warren Buffett, the person who took a picture of your lunch this time was Chen Yu, the chairman of Huanyu Technology. ”

"Chen Yu, I've seen him. ”

"Yes, he's a genius. ”

"I didn't expect him to shoot my lunch. However, I was also very interested in him. ”

Knowing that it was Chen Yu, the chairman of Huanyu Technology, who took pictures of his lunch, Buffett was extremely excited.

For Chen Yu, he is very appreciative.

In addition to appreciating Chen Yu's outstanding business genius, Chen Yu's two websites in North America, Friends.com and Huanyu Video, have also made Buffett's investment a lot. He just didn't expect Chen Yu to actually photograph his lunch, but isn't this a wonderful thing?

took out the phone, and Buffett called Chen Yu.

"Hello, Chen Yu, I'm Warren Buffett. ”

"Mr. Buffett, I didn't expect you to call me personally. ”

"Hehe, you took a picture of my lunch, of course I'll have to call you. ”

"Thank you, Mr. Buffett. ”

"When do you want lunch to start this time?"

"I hope the sooner the better, by the way, can I make a condition?"

"On what terms?"

"Can you come to China for lunch?"

"Oh, China. ”

Warren Buffett had some surprises.

Because of the previous lunches, Buffett was at a steakhouse in North America.

At the same time, no one has proposed a change of lunch location.

But after all, Chen Yu is the auctioneer, and Buffett did not refuse.

"Chen Yu, your proposal is very good, I actually want to come to China as well. Now that I think about it, I haven't been to China for 10 years. ”

"Oh, Mr. Buffett, you've been to China before?"

"Yes, I came to China with Bill in 1995. I didn't expect that in the past 10 years, China has developed so fast. I don't know if I remember when I came to China this time. ”

"Then I will welcome Mr. Buffett even more. ”

"Ok, how about next Monday?"

"No problem, I'm waiting for you in China. ”

Warren Buffett is very interested in Chen Yu.

Chen Yu is also very interested in Buffett.

So, this lunch went very quickly.

As soon as the front foot was photographed, we will have lunch together next Monday.

This speed also amazed the media again.

Perhaps, this is the Chinese speed.

......

"Classmate Lu, will you come to Shencheng next Monday?"

"What are you doing in the deep city?"

"Long time no see, I miss you. ”

"you, didn't I see you in Hangzhou a few days ago, I haven't seen you for a few days. ”

"I don't see you for a day, like every three autumns. ”

————

"I think you're trying to fight some bad idea?"

"I don't have any bad ideas. Well, seriously. I'm going to invite Warren Buffett to dinner next Monday and want to call you along. ”

"Can I go too?"

"Of course. ”

Chen Yu nodded.

According to the rules, those who photograph Buffett's lunch can invite up to 7 companions to have lunch with Buffett.

Chen Yu couldn't go alone, so he called Lu Xue.

"Okay, see you next Monday. ”

For Warren Buffett, I'm afraid no one will refuse.

Not to mention Lu Xue, who was already managing Vipshop at this time.

Then, Chen Yu called Zhang Jianming again.

In the end, Chen Yu called Zhao Danyang.

Yes.

Zhao Danyang, who photographed Buffett's lunch in his previous life, is now working for Chen Yu.

As the head of the investment department of Huanyu Technology, Chen Yu let Zhao Danyang realize the opportunity to have lunch with Warren Buffett in advance.

However, when Chen Yu told Zhao Danyang to have dinner with Buffett next Monday, Zhao Danyang couldn't believe it.

"Really, Mr. Chen, you asked me to accompany you?"

"Why, you don't want to?"

"No, no, no, yes, yes, so willing. ”

Zhao Danyang was a little excited.

You must know that Zhao Danyang guessed before that Chen Yu would invite Zhang Jianming, Li Nan, and Wang Chang.

In Huanyu Technology, it is not his turn.

Unexpectedly, Chen Yu only called Zhang Jianming alone, and several other elders did not call, so he asked him to accompany him.

This excitement made Zhao Danyang even more excited than eating with Buffett.

"If you want, get ready, next Monday. ”

"Okay. ”

"If you have any questions, you can ask Warren Buffett when the time comes. ”

"Thank you, Mr. Chen. ”

"You're welcome, I'll have to rely on you to make money on the stock market. ”

Although it is rare to have a meal with Warren Buffett, Chen Yu is not invited by everyone.

This time, it was not easy to chat with a large number of people at dinner.

Chen Yu, Lu Xue, Zhang Jianming, and Zhao Danyang are just right, no more, no less, and it doesn't necessarily have to invite 7 people.

As for why they didn't call Wang Chang and Li Nan.

Chen Yu thinks.

There are many successful experiences in this world, Buffett's is one, and not everyone needs to eat with Buffett to be successful.

......

Hot pot Shih Tzu.

To the surprise of countless people, the place where Chen Yu arranged lunch for Buffett turned out to be hot pot Shih Tzu.

Of course, this is too easy to understand for Chen Yu.

The last time I invited Buffett to dinner, it was not to learn any experience, wealth, but to routine.

Since it's a routine, why don't you patronize your own store?

In this regard, although Buffett does not know much about hot pot, he is also willing to try it.

"Mr. Buffett, long time no see. ”

"Yes, long time no see, Chen Yu, you haven't been to North America in a while. ”

"Yes, I have a business going to North America in a while. ”

"Oh, I'm looking forward to it. ”

Chen Yu took Lu Xue to greet Buffett at the airport.

Buffett was joined by four bodyguards, as well as a manager of the Glade Foundation.

The money from Buffett's lunch auction was donated to the Glide Foundation.

The purpose is to provide health care, food, housing for the poor and homeless...... Wait a minute.

It is a charitable organization.

At that time, Buffett's wife worked at the foundation and has been volunteering for 15 years. And in the 15th year, Buffett's wife told his leader that she was Buffett's wife. At that time, the manager of the foundation almost fainted, because in the past 15 years, he now knows that this lady, who has been a volunteer for so many years, is actually the wife of Warren Buffett.

Later, Buffett's wife found out that the Glade Foundation was trapped with funds, so she had the idea of Buffett's lunch.

The funds from Buffett's lunch that anyone photographed will be donated to this foundation, in order to better help the poor.

In addition to the manager of the Foundation, there was also an accompanying journalist.

However, as is customary.

Neither the manager of the Glade Foundation, nor the journalist, would have interjected.

They are only responsible for recording what Buffett talks about at lunch.

"Mr. Buffett, please be seated. ”

"This is our Chinese specialty, hot pot. ”

With Warren Buffett, a group of several people came to the headquarters of Shencheng Hot Pot Xishi.

The whole lunch time was 3 hours, and Chen Yu also had time, so he introduced hot pot to Buffett.

In order to take care of Buffett's taste, Chen Yu uses three fresh pot bottoms and a small pot base for each person to eat together.

"Mr. Buffett, look, this is hairy belly, take a dip here. We have a mantra for eating shabu hairy belly, seven up and eight down, brush it in the bottom of the pot 15 times and you can eat it. Of course, if you don't like to eat hairy tripe, you can eat fat beef, which only needs to be soaked for 10 seconds. ”

While soaking in hot pot, Chen Yu taught Buffett at the same time.

Although Warren Buffett felt that the taste of this hot pot was different from the taste he liked, he was very interested in this fresh way of eating.

"Haha, interesting, this hot pot is interesting. ”

"However, this chopstick is very difficult to hold. ”

"Take your time, it's easy to clip. ”

Half an hour later, everyone had eaten.

Chen Yu knew that business was coming.

What to talk about, in fact, you can talk about anything at lunch with Warren Buffett.

It is not necessary to talk about stocks and investments.

Chen Yu first chatted with Buffett about gossip.

The biggest gossip recently is that the Playboy founder has found a new girlfriend, and the two are more than 50 years apart.

This stunned Lu Xue, Zhang Jianming, Zhao Danyang and others who accompanied Chen Yu.

Why did Chen Yu and Buffett talk about this.

However, Buffett was not surprised, but chatted happily with Chen Yu.

In fact, Warren Buffett also likes gossip to some extent.

In particular, the founder of Playboy is very familiar with him, and he has more inside information than Chen Yu about the gossip of old friends.

Gossip is just an appetizer, though.

After chatting about some entertainment gossip, Chen Yu talked about Microsoft, that is, Bill.

"Mr. Buffett, I know Bill has always been a good friend of yours, what do you think of Microsoft?"

"Microsoft is a great technology company. ”

"Yes, I think too. His operating system has a monopoly on the whole world, and I would like to ask Mr. Buffett whether Microsoft's operating system can always be monopolized. ”

"Maybe not. But ......"

Chen Yu didn't wait for Buffett to finish speaking, and hurriedly said: "Actually, I'm also very interested in Yahoo's Yang Zhiyuan, Mr. Buffett, you know, Yang Zhiyuan and I are both Chinese." ”

"Yes, you Chinese are very smart. There are many talented Chinese Americans in North America who have set many records in North America. ”

"What do you think of Yahoo's model?"

"He's probably had a lot of competition lately. ”

"Yes, there's competition from Google, and there's competition from us. ”

Chen Yu smiled and continued: "Mr. Buffett, what do you think of the Chinese stock market?"

"I think there is a lot of potential in the Chinese stock market. ”

Warren Buffett has studied the Chinese stock market before, and he actually has the idea to invest in the Chinese stock market.

However, due to foreign exchange turnover and other reasons, Buffett has not invested in China for the time being.

However, when he studied China's stock market, he also saw various problems in the domestic stock market.

When he was about to share the problems faced by A-shares with Chen Yu, Chen Yu said: "What do you think about Samsung's strategy of losing money in the LCD panel business for more than 20 years and eventually becoming the global leader in LCD panels?"

"I think Samsung is a company that stands shoulder to shoulder with Sony, and there are very few companies in the world that can do that. If he can do it, he will definitely be like Samsung. ”

"I think so too. ”

Chen Yu nodded.

Step by step, Chen Yu began to set up a special set for Buffett: "At present, there is a company called BOE on this side of China, and they are doing LCD panel business, which is almost the same as Samsung's LCD panel, but his stock price is currently only 1 yuan." Many investors feel that this stock has not risen and are impatient with him. If it were you, what would you do?"

"I didn't study BOE, I don't know how to analyze it. However, I don't think I've always looked at short-term stocks, and I'm looking for value investing. Most of the stocks I invest in don't make money right out of the box, and there are often a lot of companies I invest in that lose money within a few years. But in the end, everyone saw that we still made money. ”

"Mr. Buffett, you mean that as long as the company is good and worth investing in, hold it for the long term. ”

"I think so. ”

"Just like Mr. Buffett, you own Coca-Cola stock. ”

"Yes. ”

"However, there is a question, you have held Coca-Cola stock for decades, have you ever thought about selling it one day?"

"No, never. ”

Warren Buffett said firmly.

"Thank you, Mr. Buffett, I'm done with my question. Lu Xue, you want to ask Mr. Buffett something, seize the opportunity. ”

Chen Yu's eyes widened.

Today's task, he has successfully completed.

As for what happens after lunch?

When Lu Xue asked Buffett, Chen Yu looked at BOE's stock.

At this time, BOE has rushed into billions of yuan, but the stock price is still sideways for the time being, and there is not much change.

But everybody knows.

Under such a large number of entries, in the next second, BOE's stock will soar.