Charlie, William White has some truth in what he said, but I still don't feel very real. Looking at his good friend, Buffett was a little entangled. He pondered it for two days, and he really didn't understand what William White said. If you don't understand, don't touch it, this is his consistent purpose.

Although it may suffer losses in the short term, the safety of funds will still be greatly guaranteed.

"Actually, it's nothing, right? I looked at the White Fund's portfolio. In recent times, there have also been noticeable changes. ”

"Tell me, Charlie, what's the difference. ”

"They've been reducing their holdings in Netscape, and other Internet companies are also reducing their holdings. By the way, Cisco is also reducing its holdings. ”

"He's gone? No, he doesn't seem to have received any news. ”

"They didn't leave, they bought the blue giant and HP. In addition, insurance and healthcare-related companies are increasing their shareholdings. ”

"HP, hasn't this guy always been disliked by Wall Street?"

"Old man, there's a lot of things that Wall Street dislikes. William White increased his holdings of the Blue Giant, not the same as being ridiculed. ”

Warren Buffett immediately closed his mouth and said that virtual wealth is not easy to realize, and if you sell too many shares, the price will shrink by half.

However, this does not include the so-called big blue chips. William White is the largest individual shareholder, holding less than 5% of the shares of Big Blue. If he reduces his holdings by half now, the stock price will not fluctuate much.

William White's stock in the family fund actually has a characteristic. Whether it's 7-11 or HP, there's a distinct characteristic.

That's stability!

"Tom, is this HP figured it out?"

"Yes, boss, the sales boom of personal PCs has basically been determined, and if they don't care, they may not have much of a chance. ”

This wave of personal PC market can be said to be the Waterloo of traditional IT companies. Wang An went out of business, IBM had half a life, and the strange thing was that another IT giant was actually stable.

In 93, the revenue was less than 20 billion US dollars, but in 96, it actually exceeded 40 billion. What's wrong with not paying attention to PCs, still making a lot of money. If that's all it takes, it may be just eating the same old book.

But is it really that simple?

HP laboratories are located all over the world, with R&D facilities in PaloAlto, California, Bristol, Haifa, Bangalore, and Tokyo.

What they were already doing was exactly what William White intended to do. In the wake of the Asian economic crisis, he planned to implement this plan. The globalization of Bell Labs has reached a point where it can no longer be delayed.

HP's maverick behavior made him see a model, which is not very good, and the biggest advantage is stability. The current world is too dangerous, if possible, it is better to take it easy.

It is actually a very nonsense thing to be stable in the IT industry. What is important here is a speed, no matter how good the things you develop are13, the action is slow and it will be in vain.

Yes, the United States has intellectual property rights, but can't I get around it?

Another point is that Lao Mei attaches more importance to production patents. That is, you invented something out of the market if it wasn't put on the market.

Ahem, there will be royalties, but don't expect to get rich overnight, it's unrealistic.

"Filson, Netscape should ship as soon as possible, they can't win this lawsuit. Even if we can win, the company is finished. ”

"Fortunately, the Internet is very hot now, otherwise, there will be problems with cashing out. ”

"Fools can't be fooled, anyway, investors think Microsoft is shameless, as long as you take him down, Netscape can soar. ”

"Ahem, it could also be that Yahoo is giving too much to the market. Coupled with the legend of Netscape's wealth, there is no way, there is a wealth effect, and everyone is unwilling to give up. ”

"Haha, by the way, how about Yahoo, Da Mo agreed?"

"Yes, it will be offered at a valuation of 2.3 billion, and the reaction is very strong. Boss, this time down, our shareholding will be less than 35%. ”

"Well, I'm optimistic about them, anyway, it's better not to go any lower. Otherwise, I wouldn't mind adding to my holdings again. ”

It's funny to say, Buffett is a little impatient and plans to try it on the Internet. William White, on the other hand, seems to be evacuating.

Money is the devil!

Investing in Cisco is one of Warren Buffett's most successful investments in recent years. Since high technology can, why not try the Internet?

"2.3 billion stubbornness?" Buffett's eyes jumped, Nima, it's time to join the A round everywhere.

"How's the subscription going?"

"Exceeding is certain, and the shares that are released now cannot meet the needs of the footbasin people. Wall Street is still hesitating, and the footbasin man has already made a move. ”

"Okay, I got it. ”

Throwing down the phone, Buffett smiled wryly. When a typhoon comes, pigs fly. Obviously, it's hard to say whether Yahoo is a pig or not, but it did take off.

"Charlie, I decided to take a gamble. ”

"It's okay, I watched it for a long time, and William White seems to have the intention of reluctantly selling. Could it be that the income of one billion dollars is no longer satisfactory? ”

"Satisfied? you go see Cisco?" Buffett didn't want to speak, it was so hateful. Do you want to make money so easily! After this round of storms, it is hard to say whether the pig will fly or not, but he William White will definitely fly.

Warren Buffett found that companies with a high percentage of William White's holdings have a certain margin of safety. On the face of it, his shareholding does not exceed 50%.

However, this is a person who doesn't have 13 faces, other families play charity funds, and there is still some secret, this product is good, it is simply a toss of red fruits.

Nima, if you play like this, you might as well privatize and delist!

William White would have given him a graceful middle finger if he knew what this guy thought.

Do you know what wealth under the sun is?

The richest man in the world?

Even if he has trillions of assets, it has nothing to do with this word. Not to mention the rest, how much wealth does Leovanta, who is in prison, have?

Anyway, when this part of the small money returned to the United States, the entire European financial circle was in chaos.

For public figures, the character is very important. You don't want your company to go public, you just don't want to share your wealth with society. Of course, there are such people in the United States, and now Koch Enterprises, and later Dell, all belong to this type.

Ahem, it's not really good.

The hatred of the rich is everywhere, and the country is no different. When you do something wrong, it will be deliberately magnified.

Can share wealth with society and is keen to participate in philanthropy. Invest a lot of money in scientific research projects.

Well, this is the character of William White.

Therefore, basically no media will hack him, even if this product is not a media tycoon, no one will offend him to death.

You see, Bill Gates said in a speech that there needs to be a radical way to reduce carbon dioxide emissions. The main point is the need to reduce the population. As for who needs to die, of course, it is the 80%. Only smart people can contribute to this society.

The original words at that time may have been more excessive, and it is inconvenient to write here. However, after saying such excessive things, no one treated him well.

If you change the Koch brothers to say so, they will definitely hack you.

Anyway, whatever the context in which Bill Gates said this, it is certainly inappropriate to say so.

Do you say that he is not in his right mind? I wonder if it will cause an uproar?

Impossible, as for why say it?

Alas, he shouldn't have said that sometimes, ignorance is also a kind of happiness, so why should you take away my happiness!