Chapter 292: Opponents

Everything is as expected, after John Ecks held a press conference to announce IBM's large-scale layoff plan, the entire technology community was shocked, and the number of layoffs of more than 60,000 became the largest layoff in the world.

The former invincible blue giant, the leader of the science and technology industry, has fallen to the point of breaking his arm to save his life, which also makes many people sigh.

Of course, it will also make some people happy, and some people will be afraid.

Happy people are naturally competitors, peers like enemies, seeing the former competitors lingering, facing bankruptcy, their own one less enemy, of course, to be happy.

And those unhappy people, of course, are stockholders, hard-earned hard-earned money, originally wanted to invest in the stock market to make a big profit, for themselves to get some pension money but did not expect to lose a mess, in the end, in order not to lose all their money, can only endure the pain to stop the loss, throw away all the IBM stocks in their hands, looking forward to getting back a point.

And when those shareholders with poor anti-risk ability rush to sell IBM shares one by one, the facts once again prove that fear is contagious, like a virus floating in the stock market with the wind, so that everyone who holds IBM shares feels panic, and people often lose their minds when they are panicked, and do something that follows their feelings, such as throwing away IBM shares is their inner feeling.

And when everybody is throwing away something, then it loses its value, just like IBM shares, as everyone sells, the stock market falls below $30 as soon as it opens, and it's still falling.

The stock market is a magical place, sometimes the more the stock price falls, the more investors sell, the more they sell, the more they sell, the more they fall, like a cycle, until it is worthless.

But anything is valuable, even if it is garbage, provided that you find people who need it, garbage is valuable to people who recycle waste, and IBM stock is valuable to John.

"The stock price has dropped to 29.5, do you want to start buyback?" John Ex stared at the market, and after seeing the stock price fall below $30, he hurriedly asked John for instructions.

"Well, let's get started!" John nodded flatly as he sat on the couch. "A little bit of repurchase, don't buy too much at once, so as not to cause the market to rebound. ”

John admonished.

As for whether the shareholders will lose too much, he doesn't care. Since you choose to invest in the stock market, you must be prepared for losses, no one can be born in the flowers without sticking to the leaves, even the stock god Buffett has a time when the boat capsizes in the gutter, not to mention all living beings!

But John is not the only one who can see that IBM stock is still valuable, there are many smart people in this world, they like to do something different, such as things that everyone thinks have no value, but they rush to it, just like IBM stock, when everyone wants to throw it away, they buy a lot of it, waiting for it to draw a beautiful K line.

Of course, this requires patience and wisdom, and Warren Buffett is a very patient and wise person, he likes to buy penny stocks, likes to hold them for a long time, and waits for growth for five or ten years, just like he bought shares in Coca-Cola, and now his eyes are on IBM.

IBM's stock price is now absolutely low, and the lower it is, the greater the growth, and the greater the growth, the more benefits it will gain. Of course, it may take time to wait, but he can afford to wait, it doesn't matter if it is ten or twenty years, as long as there is a benefit in the end, this wait is worth it.

In order to maximize the return on the time paid, Buffett is ready to spend $3 billion to buy IBM shares, according to IBM's current market value of 29 billion, if the acquisition is successful, he may get 9% of IBM's shares and become a shareholder of the technology giant. But the premise is that the acquisition is successful, otherwise everything is utopian, and if you want the acquisition to be successful, you need some strategies, such as quietly, not with great fanfare, because if it is known, then this golden sign of the god of stocks will attract everyone, and when the time comes, the stock price will rise, then it will be meaningless.

But some things are not hidden if you want to hide, there is no impermeable wall in this world, and it will eventually be revealed after a long time, Buffett is buying IBM shares, John is also buying, although both sides are closing a little bit in order not to cause a reaction from the market, but 1+1 is sometimes greater than 2, when John and Buffett are buying IBM shares at the same time, the strength of the two parties is enough to stabilize the falling stock price, and over time, as more and more stocks are taken away, the stock price will gradually begin to rise a little bit.

However, the magnitude of the recovery is very limited, basically in the single digits, such a magnitude has little impact, at most a few million dollars more, but John is a sensitive person, after seeing the stock market rebound, he asked John Ex to investigate whether anyone is hoarding IBM stock, after all, there is no shortage of smart people in this world.

After some investigation by John Ex, the results came out quickly.

Sure enough, someone is buying shares in IBM. ”

"Who?" asked John.

Berkshire Hathaway. John Ex replied.

"Warren Buffett!" Dean Morgan was a little surprised.

Since resigning as a director of IBM and succeeding as vice president of IBM, he has decided to follow John in the future, and has been buying back shares with John for the past few days.

"Brother, I'll call him to warn him?" Dean Morgan grimaced.

In order to successfully buy back IBM shares, they asked the media to cut off the declining company, and asked stock experts to release unfavorable analysis, and finally the stock price fell, and finally when it was time to harvest, they actually ran out of a peach picker halfway, which can not be put on anyone, so Dean Morgan wants to warn Buffett and let the stock market retreat.

"No need, let him collect it, and we will stop repurchasing for the time being. John stopped Dean Morgan from trying to warn Buffett. "Since he wants to take advantage, let's take advantage of it, let's go directly to his lair. ”

"Good way!" said Dean Morgan, who had learned another trick from John. Give someone a taste of their own medicine. If Warren Buffett wants shares in IBM, why don't he go and buy his company? When the time comes, he will not only get a company, but also get IBM's shares back.

"Wait, I'm going to call and ask for authorization. "John wants to buy Warren Buffett's company, he needs the help of some companies in the Morgan Group, which needs the authorization of the old Morgan, after all, his assessment is not over.