Chapter 4 Investment Plan
John walked out of the Morgan Bank gate and drove his GNX straight towards the World Trade Center.
Smith, who came back to his senses in the office, hurriedly called Morgan Sr. and reported to Morgan Sr. that John had asked him to do a new "plan".
Although John is the future patriarch of the Morgan consortium, there is still the word "future" before the patriarch, and the current Morgan consortium is the old Morgan in charge, so Smith needs to seek the meaning of being a family, and after finally getting the old Morgan agreed, Smith called the management of Morgan Bank to hold a meeting to discuss the "plan" together.
In the study of Morgan Manor on Long Island, the old Morgan hung up the phone and frowned and walked to the window, looking at the fountain in the garden, thinking about the call with Smith just now, the first time he heard this expansion plan, the old Morgan was really shocked, the investment and risk in the financial field is very large, the construction of a branch or sub-branch, is not as simple as opening a clothing store or a restaurant, a bank involves all aspects of capital, manpower, security, deposits and loans, and a careless will be doomed.
And from Smith's words, Morgan Sr. knew that John's plan was not to build one or two branches, but to build hundreds.
The United States is a federal state, consisting of fifty states, which are managed by different families, and the Morgan family's power is mainly concentrated in the northern and coastal areas of the United States, New York, Los Angeles, Chicago, Philadelphia and other places. The Midwest or the South are home to other families, so it is very difficult for Morgan to break into these areas.
Thinking of these old Morgan, he suddenly had a headache, he took over the scepter from his father and took charge of the core policy of the Morgan consortium is to keep the success rather than expand the land, because he has self-knowledge and finds that he is not a person who can be as eloquent as JP Morgan, so he chooses to keep the wealth for future generations and hand over the responsibility of expanding the land to the next generation, but who knows that John actually chose the film career, which can make him angry.
Now hearing Smith's report, although the elder Morgan has a headache, he is still faintly happy in his heart, feeling that John did not abandon the Morgan consortium.
"Just show me what you've learned from Robert Barrow and Peter Drucker over the past four years."
On the surface, the elder Morgan has never taken care of John for several years, but in fact, John's every move in Los Angeles has not escaped his eyes, and someone reports John's movements to him every day. Otherwise, Robert Barrow and Peter Drucker, two palace-level figures, taught John about finance and management, which was secretly arranged by Morgan Sr.
At this time, of course, John did not know that the old Morgan had a headache, after more than an hour's drive, he came to the World Trade Center that was blown up by terrorists in 911 in the later world, and when John was reborn, the new World Trade Center had already been built, much more beautiful than the old building now.
It didn't take long for John to find Morgan Stanley Investment Bank, because Morgan Stanley's customers are generally governments and enterprises, so there are not many customers in the hall, unlike Morgan Bank, where the hall is full of business handlers.
After being led by the lobby manager, John finally entered the office of President Dimon, and only after the lobby manager left, did John begin to look at the president of Morgan Stanley in front of him.
The age of forty, the neat hairstyle, the well-fitting suit, and the shrewdness in his eyes were the first impressions that Dimon made to John.
"President Dimon, I asked you today to let you manage the investment fund of 500 million US dollars for me, as for what projects to invest in, I will tell you, the commission will be according to the price of Morgan Stanley!" John said the purpose of coming to Morgan Stanley this time, and after finishing speaking, he handed the bank card that had not yet been covered to Damon.
As for the commission, everyone has to pay, which is equivalent to a service fee, although John is the heir of the Morgan consortium, but the same has to be paid, this is the company system, and it is also convenient for financial management, which is why some bosses still need to receive salaries in their own companies.
"JK! is honored to manage your investments on your behalf. Dimon hurriedly took the bank card, happy in his heart, in the eyes of the outside world, he is a high power, in fact, he is just a senior worker, when he does not do well, he will be fired by the boss at any time, and now he can get in touch with the heir of the consortium, which is very beneficial to him.
In order to maintain this relationship, Dimon also secretly thought in his heart that he would manage the investment for John well, so that John could see his strength.
"Mr. Dimon, my first investment plan is to buy ICM, and I heard that Marvin Josephson is interested in selling his shares, you can arrange for someone to talk to him, and talk to other minority shareholders as well, and the net purchase will be all done. ”
John didn't know what Dimon was thinking, so he took the opportunity to tell him his first investment plan.
ICM is a professional agent management company and one of the three major artist management companies in the United States.
The reason why John wants to buy ICM is because he has the memory of the next 20 years in his mind, who will become superstars in the future, he knows better than anyone that such a big cheating weapon is not easy to use, that is, violent things, when he thinks of those superstars in ICM in the future, John wants to shout: "Little demons, come to my bowl!"
Just when John wanted to get into it, Dimon next to him frowned, as a person who manages an investment bank, he is very familiar with ICM, this company earns tens of millions of dollars a year, after deducting costs and taxes, he can't make much money at all, and investing in this kind of company with hundreds of millions of dollars, the profits obtained are not cost-effective at all, and it is not as good as investing in those promising companies in Silicon Valley to earn more.
Just when Dimon was about to persuade John to change his mind, he thought that John was studying directing at the American Film Academy, and suddenly he seemed to understand John's intentions, and finally simply stopped persuading.
After the first investment was made, John said the second investment: "President Dimon! The rest of the money is all for Microsoft shares." ”
For a person who comes to the future, John naturally knows how valuable the shares of Microsoft and Apple are, but the current Apple company has just developed and has not yet entered the fast lane, so John chose Microsoft.
After the arrangement, John went straight out, and the things he wanted to do had been arranged, and it was time to go home.
After John drove away, Dimon also called John as soon as possible to report John's investment to the old Morgan on the island.
Old Morgan hung up Dimon's phone and said to himself: "The acquisition of ICM is not correct, the biggest artist management company is CAA now, John actually wants to snatch food from Michael Ovitz's mouth, ...... interesting." ”
Although the elder Morgan doesn't like John to do a film career, he is very familiar with Hollywood, there are three major elite groups in the United States, Hollywood elites, Silicon Valley elites and Wall Street elites, and Hollywood elites and Silicon Valley elites are staunch Democrats, so as the manager behind the Democratic Party, can you not know Hollywood?
CAA is now in full swing, thanks to the hard work of its founder, Michael Ovitz, who is also a ruthless guy who can do a tap dance at the conference table in order to win a hesitant client, and Sony, known as Hollywood's super "pusher" and superstar agent, Sony successfully acquired Columbia Pictures Entertainment for $3.4 billion, and Panasonic acquired MCA for $6.59 billion, all of which are Michael Owitz's masterpieces.
Now John wants to compete with such a ruthless person, old Morgan thinks it is very interesting, as for the little money invested in ICM, it is not a matter at all, it can make John and this old treacherous person more tricks, rich management experience, more than anything worthwhile.
On the one hand, he hoped that John could defeat Michael Ovitz, and on the other hand, he didn't want John to win, and it was better to return to the consortium to look at the business in the end.