Chapter 361 1996

Unconsciously.

Su Mu and Lily's son, who has been able to express his thoughts with clear thinking logic, began to think about his future, and prepared to hire several tutors to teach him foreign languages, mathematics, history, and other subjects.

Choosing the right teacher is the top priority, and meeting a teacher who can give the little one a good enlightenment can make Su Lin take many detours on the road of life in the future.

The date on the electronic calendar is March 2, 1996, and the calf whale shark in the tank has grown a lot, and so has Su Mu's son.

Today is Su Mu's birthday, and there will be guests coming later, so in the evening, Old Tom's butler began to be busy, letting the dozen or so servants clean up, and the chef was also busy preparing a big meal.

The White House sent someone over in advance, the reason is that tomorrow President Bush Sr. will bring the first lady over as a guest, mainly responsible for checking security issues, yes, President Bush Sr. was successfully re-elected in the first two years, and during the election campaign, the "Information World Plan" was the main selling point, due to the crazy rise of the NASDAQ index, which has recently reached more than 4,300 points, and proposed health care reform and America First policy, which narrowly defeated the candidate Mr. Bill Clinton.

This is due to the strange result of the butterfly effect caused by Su Mu, as early as the day Su Mu heard the news from the old radio station, the world has become different and has taken another fork in the road.

In the mid-90s, looking back at the late 80s and early 90s, I will always feel that people lived in a "primitive society", which mainly refers to the huge impact on human society caused by the development of the IT industry, and the number of Internet Internet users is now as high as nearly one billion, covering the vast majority of countries and regions in the world, and thus making great changes in all aspects of human life.

Mr. Sam Walton, the founder of the Wal-Mart supermarket chain, died for several years, and now even if he is alive, his worth will not be as high as Su Mugao, he left a will before his death, dividing the property into several pieces for his children, making them all super-rich, but the wealth owned by the Walton family began to be controlled by many people, and that influence became a lot weaker.

In the past two years, some people have said that the early 90s belonged to the era of the rise of Sumu, and this sentence is quite reasonable, Mr. Bill Gates was worth 10 billion US dollars before Sumu, and after that, Sumu took the lead in raising his worth to 20 billion US dollars, and now it is as high as about 47 billion US dollars.

Now on the Forbes rich list, he is worth about $10 billion higher than Mr. Gates, who ranks second, and has more than 20 NASDAQ-listed companies in his hands, including Penguin Apple, Bee, OO, Snail Games, Maple Leaf Shopping Network, ATI that began to develop central processing units, etc., and more than 40 companies with shares, and recently emptied Microsoft shares and cashed out more than $8 billion.

Also plans to in the near future, the six percent of the shares of Intel Company that they hold are emptied, just contact the buyer, because the NASDAQ market has been too crazy recently, so that Su Mu clearly feels the existence of a huge bubble, there is a bubble is not terrible, what I am afraid of is that the bubble is getting bigger and bigger, experts preach that the NASDAQ index is likely to rise to 6,000 points within a year, which obviously violates the laws of the economic market, in fact, more than 4,000 points today, make Su Mu feel too high.

Take OO as an example, its total market value is now as high as more than $30 billion, and it is still in a state of endless losses, Su Mu began to reduce his holdings in 1994, and now still holds 23.7% of the shares, and in the process of cashing out, he returned nearly $5 billion in cash, handed it over to his family office, and invested it in other industries that he is optimistic about.

The dangerous pace is approaching, and Su Mu can clearly feel that in the past two years, in addition to the companies that are really necessary to invest in the acquisition, he prefers to invest in other fields, such as art, oil industry, catering industry, culture and entertainment industry, etc., and transfer assets from NASDAQ to other industries to ensure that if an accident really happens one day, his wealth will not be affected too much.

On the one hand, in order to avoid taxes, on the other hand, he also wants to really contribute to the society, he persuaded Lily to get rid of all the IT industry stocks he held at the beginning, and now he is dedicated to helping him take care of the charitable fund organization that holds more than two billion US dollars in assets, to ask how crazy the NASDAQ market is, from Lily invested more than 60 million US dollars that year, and made a profit of 3.4 billion US dollars in just a few years, it can be seen that the market is developing in an irrational direction.

Su Mu had dinner with Mr. Warren Buffett and talked about it and asked him about his experience.

Mr. Buffett just told Su Mu that if he felt a bad premonition, he must start reducing his holdings. He also told him that it was easy to make a move during the rise, and there was no shortage of people to take over at this time, and once the crisis really appeared, it would only make it more difficult to reduce large holdings.

The premonition is very, very bad, so since December last year, he has increased his efforts to reduce his holdings, and the main targets are major financial institutions, who have money in their hands and are willing to take over. Every time he signed for sale, Su Mu couldn't help but feel that he threw a bomb that could explode at any time from his hand to others, and at 3,700 he thought it would collapse, but it didn't collapse, and when it reached 4,200 points, it still didn't collapse, and the high growth rate made investors more fanatical, and he had quietly withdrawn.

Now only 46% of his wealth is IT industry stocks, even if there is a stock market crash, it will not lose a lot, this is Su Mu's cleverness, and now the reduction of unprofitable concept stocks is obviously larger than that of profitable companies, such as Penguin Apple, Su Mu still holds more than 20% of the company's shares.

Apple's new operating system, Mac-OS-A, was released last year, which made Apple's PC sales pick up, but Microsoft's indos is already dominant, and there is still a long way to go before it can really develop.

On the evening of March 2, at the age of 28, Su Mu received a special gift from Lily in the form of a custom-made watch from Patek Philippe, ostensibly a photograph taken by her and her baby a few years ago.

It looked a little strange, but Su Mu didn't hit Lily, and pretended to be surprised and told her, "Wow!

"Really?"

Lily, who had a little more maturity, said with a smile: "I asked them to help customize it three years ago, and I didn't get it until two months ago, thinking that you were going to have a birthday, so I didn't give it to you until today."

Our son painted a picture for you, I don't know what he painted, but please remember that even if it's ugly, don't dampen his self-confidence, maybe the future will be the second Van Gogh......"