Chapter 302 of Genetic Mutations 7-11
"Husband, can this kind of store really make money? ”
Ahem, Jason has a black line on his face. This wife is good everywhere, but she is not very good at investment. Well, the saddest thing is that she doesn't know it.
"Look, my dear, that rocket is majestic enough!" Jason said with a gaunu mouth, motioning to his wife to look at the newspapers on the newspaper shelves.
"Husband, don't tease me, I don't need you to say that I know that there is a lot of risk involved. ”
"Oh, how do you see that?" Jason Gao was curious, you know, there has been a lot of hype about the concept of aerospace recently, but it is strange that his wife can say such a thing.
"Hmph, that William White, does he have a lot of men you can trust?
You see, what Tesla cars and Dominic, but invest in greater rocket power, are basically professional managers. ”
"Haha, you're wrong.
Alas, the boss is not cronyism. Well, you don't understand that. Jason Gao smiled bitterly, William White has so many industries, if there is no set of effective control regulations, this guy may have been cheated early on.
However, this is not a headache for Jason. He came to inspect 7-Eleven in the hope of understanding how William White planned to run it.
Opening the plan in his hand, Jason Gao's head began to grow again. Xiangjiang is easy to say here, basically similar to the routine of the book, and there is no shortage of relevant talents here. If you really can't do it, you can also ask Xiao Yuben for help.
However, isn't the plan to open a store in this big rabbit country a bit radical? Oh my God, do you have such a lot of spending power, hey, could it be, this is planning to invest in commercial real estate?
In fact, it's no wonder that this guy thinks so, in first- and second-tier cities, there will be 500 large-scale 7-11 stores within five years. Not to mention the rest, if all of these shops need to be bought out, oh my God, what kind of retail are you doing there?
Is it really worth buying for a 50-year business period?
At the same time, Fillson intends to convince his boss that land prices are cheap now. However, if you don't solve this problem of less than 50 in total, how will you deal with it when it is sold in the future?
"Filson, this year's environment is so bad, but if you look at it, the GDP of the big rabbit country is also close to a 10% increase.
Well, as for what you're talking about fifty years. Fifty years later I will be dead, and there is so much to be done there. Even if he didn't die, he probably wouldn't dare to come out and be scary. "William White actually didn't say anything, the rabbit country and the American imperialism are two different things. The United States is too rational here, there are no legal provisions, and they can hardly move an inch.
And the country of rabbits?
It's generally quite emotional.
The land does not have freehold property rights, so the property on this thing is like a castle in the sky, and it does not have much value. As the lease time approaches, the price of the property on it will also collapse.
But is that really the case?
On this point, everyone's understanding is completely different. In this case, the property owner is obliged to remove the buildings from the land and restore them to their original state. You can only use as many years as you say in the contract.
Generally speaking, common law countries are all in this way. Holding land is not only subject to property tax, but must also be restored to its original state at the end of its useful life.
Ahem, so their tenure is either freehold or 999 years.
As for the rabbit country?
William White thinks it's okay, and even if there is a possibility that he may have to pay some fees, he will definitely not ask you to clear it.
In this case, if you don't grasp this value depression now, it's just a bad rhythm for your head. What if a large store doesn't make money, in the end, you will inevitably find that in ten or twenty years, the biggest benefit is actually the appreciation of the store.
"Well, boss, here's the biggest disagreement in our think tank.
Most people insist that there is also a chance that real estate prices here in the United States will soar, and this probability is also very high. ”
"No, No, Filson, I don't say no to this investment. It's just that what I need now is speed.
Anyway, it's a long-term plan, and the new store next year is mainly rented, and only in the next few years, it is also a good idea to buy. The issuance of U.S. knives is getting out of control, and the price of precious metals has also suffered a deliberate blow.
Alas, if you look at our asset-heavy projects, basically none of them are not loss-making. It's a conspiracy, a huge conspiracy. Don't you notice that they are driving capital into the real estate industry. ”
Filson can't deny this. In fact, he sees very clearly, don't look at the current stock is in full swing, once the capital market is turbulent, those so-called international funds are also very likely to enter the real estate market.
William White sighed, he really couldn't say. A bunch of bastards have prepared a scythe for cutting leeks and will start wielding them as soon as the time comes.
"Warren, this is the next phase of store location. I can understand the opening of the store, but the question is, how did you use 5,000 square meters? Could it be that I read it wrong, this is not 7-11 but Wal-Mart?"
"Charlie, I asked William White about this. This damn bastard, he said, is to pull the new home construction data.
However, although it is just a joke. One thing is clear, he is optimistic about the rise in land prices.
Alas, to put it mildly, there is too much money, and if you can't find an investment window, do you really want to use it to buy government bonds? I've also heard that he's starting to buy euros on dips. ”
Charlie Munger was a little envious and jealous, Nima, how much money is this. In order to be able to hedge, he actually came up with such a routine.
Even so, Charlie Munger is not optimistic about the 7-Eleven's hypermarket. Warehouse-type large supermarkets, Wal-Mart is the well-deserved king. After so many years, those who want to challenge its position have basically been cut off.
So, how can you, William White, be an exception!
Of course, if you are not optimistic, you will not be optimistic. This did not affect Buffett's investment. The project is not optimistic, but he is willing to bet on William White. It has long been proven that the money he invested in the White Department has achieved more than expected returns.
"Ahem, boss, that's what you put my eyes on. William White's World Mall, offers a door-to-door delivery service.
Ahem, it seems to be said that it is a public welfare, and the elderly over 80 years old and people with health problems will be the first batch of beneficiaries. ”
"Ahem, Andy, let's be clear, didn't they sell to the elderly before?" Looking at the incoherent words of the guy opposite, the old guy was a little angry. Nima, why can't I find a subordinate like William White, it's really not good, and so can Filson.
If one day in the future, Da Mo is handed over to the fool opposite, will he be directly broken?
Why?
Why?
Could it be that someone named Andy would be stupid?
"No, boss, William White and two supermarkets have moved online. In the past, books and electronics were the mainstay, and even some other products were largely just some of the output of White Farm.
Now the situation is different, and he began to expand his business. We don't understand, how on earth does he do home delivery?"
"Ahem, you're saying that these people are being targeted right now are just some attempts. ”
"Yes, this is a madman, and if he can do that, then staying at home will be a possibility. ”
"Hehe, there are so many tricks, I just don't know, the old guy from Wal-Mart, do you regret it a little?"