Chapter 91 The Nature of Capital

Business is business, if you don't figure it out, it's best not to be the boss, it's definitely harmful to others and yourself.

There may be greed, but the most important thing is to make a profit. That is to say, any business can be done, but a loss-making business is not done.

That's why no one competes with White Oil. It is well known that it is impossible for oil to remain low for a long time, and it is not that you William White are smart, others are fools.

The question is, how can there be a bank to support you to use leveraged buyouts when you buy and sell at a loss as soon as you come up. Are you sure you have that much money if you don't have leverage?

If there is, it would be good to buy Treasury bonds. For a three-year corporate bond guaranteed by the government, Smecta gives an annual interest rate of 30%. If, if you're willing to bet it won't go bankrupt, it's actually good business.

In fact, William White bought a lot of money. Four-star and Hyundai, these two are actually not much of a problem. There are the shortcomings of large enterprises, but they are still in the acceptable range.

It was also these two loans that greatly changed Smecta's perception of William White. Before the comparison, if Soros is first, he William White is definitely second.

Yes, all belong to particularly nasty bastards. All we care about is the gold medal.

Sportsmanship?

Can you eat that thing?

"Why do you ask, it's just economic globalization, I don't think there is any risk in that. In the face of his own beautiful anchor, William White was very relaxed. It's almost Christmas, and it's not a good choice to continue the chaos.

"Mr. White, the current capital is either fleeing from Asia or shorting Asia, is it a gamble to do the opposite at this time?"

"Hahaha, Lilian, it doesn't count, a small gamble or a pleasant feeling, with 100 million as a unit, is the capital operation of the system.

Ups and downs, although there is no rule, but there is a rule, if it rises more, it will fall, and vice versa. ”

William White's words are actually very clear. He is going to buy the bottom, as long as you have enough time cost, you don't need to care about short-term benefits at all.

There are many investors who believe in this, especially in the United States. The stocks here in the United States will basically not trick people. Even if you bought at the highest point before the Great Depression, you would have been out of the way by now.

"Mr. White, what do you have to say about the guild's criticism?"

"Do you know why Smecta's economy is in trouble?" Without waiting for the beautiful anchor to speak, William White continued: "Big business is sick, their business is too mixed, and in the end, it has become an administrative agency at all. For businesses, this is catastrophic.

As for you, what does this have to do with the guild?

In fact, our guild has become a bureaucracy. Not to mention the low efficiency, it also tries to influence the management of the enterprise. ”

However, employees also need a platform so that they can negotiate with their bosses fairly. ”

"Haha, Lilian, our company is healthy, and there has never been an employee who has been fired because he was not satisfied with his income.

Our company has smooth communication channels, we have the highest average salary in the industry, and we have the best welfare system in the industry. I don't understand, because the welfare of other colleagues is not good, you want my employees to participate in the strike.

It's ridiculous that workers are paid so they can work hard. In turn, they can share in the success of the business, which is a healthy corporate culture.

Strikes or threats, which will only bring anger and only sever the relationship between employees and the company. In fact, my employees will receive corresponding shares as long as they reach a certain number of years of service.

So, we are actually one, our interests are the same, and isn't it ridiculous to let our own business suffer losses for the sake of unrelated things?"

William White almost said directly, Murdoch is stingy, it's my business. If you have the ability, go and mess with him, even with NBC, this is an idle egg pain, right?

The guild of the United States, this is the most nonsense. The screenwriter's dissatisfaction with the remuneration is not the bad luck of one Fox, but the shutdown of the entire Hollywood.

At the beginning, it was only the support of the members of the Screenwriters Guild, and in the end, the Actors Guild also came out to circle fans. Anyway, in the end, it's a shutdown, so let's watch the replay.

Other industry guilds are actually much the same. This is where William White complains.

I started a company to make money, because of irrelevant things, I lost a lot, which is absolutely unacceptable.

William White's talk show, the ratings will naturally not be low. There are still quite a few people who support his statement. Even if there was opposition, it was suggested that he communicate with the guild.

It's really hard to say anything to the people who eat melons, a boss who is willing to share benefits, how dare you ask for more.

If you like public welfare activities so much, you can choose to leave the company. You've all run to support the strike, who will bear the losses I have here? Can wages be deducted or shares deducted?

Since you can't, I'm going to pay you, not for you to go on strike.

Of course, my own TV station, of course, knows how to shoot the boss's sycophants. As for those questions, they are also prepared in advance.

To put it bluntly, they are here to wash the floor. Your guild is messing around, which affects the normal operation of my business, so I'm going to clean it up, it's as simple as that.

Of course, you can have different opinions, and we support that. Anyone can have their own point of view.

Otherwise, you see, since we can't reason, we will go to the court to reason, and you can fully explain your reasons.

You said that if you won, we should lose money and lose money, and we should apologize and apologize. You see, our judicial system is very perfect.

Of course, a lot of people in the Ministry of Justice think so, bastard, how many lawsuits have already been filed, and you are simply wasting judicial resources. You don't have to sue for antitrust, these lawsuits are now going to paralyze the justice system in Los Angeles.

The Ministry of Justice already knew that if it went to entangle him again, nothing would come of it. They have now figured out that many of the shares that White invested in were not owned by William White himself.

Well, the heart of this product is really big enough, so many assets are in the hands of your woman, aren't you worried that you will be empty of people and money when the time comes?

Of course, this is just a complaint of envy, jealousy and hatred, what is going on with the trust company, what does the Ministry of Justice not know. As for charitable funds, it's even more, and it doesn't serve any purpose except for easier tax evasion.

"These things are gifts, aren't they? don't you have to pay taxes?" Greenspan looked strange, he wasn't good at them.

"No, VCs don't invest much. You can't look at what the benefits are, you can only say how much the inputs are.

Hehe, these are still here in the United States, and in other countries, it's hard for you to figure it out. ”

"It is. Prophet of Unknown?"

Buffett glanced at the goods, and said faintly: "The think tank and that huge team of lawyers need a lot of money a year, what do you think, what do these people do?"

From the beginning, I didn't believe the Justice Department could win. At worst, this product can also transfer assets. ”

"Well, anyway, that's explained. It's just that this way of explaining is very uncommanding. ”

Regarding Greenspan's complaints, Buffett looked unimpressed. What is the essence of capital, maximizing benefits. Isn't that what William White is doing now.