Chapter 300: Loyalty
300
"Hi White! I'm Warren. ”
After the phone was called, Buffett greeted him warmly.
The caller was given to White Weinberg, the head of Goldman Sachs.
"Hey, Warren, what's wrong?" White Weinberg could guess what Buffett was calling him for.
"White, I know you're buying shares in Berkshire Hathaway, for the sake of friends, can you tell me, who did I offend?" Buffett decided to play the emotional card.
White Weinberg didn't hide it, and directly persuaded: "Warren, don't resist, the above means to buy your company with all your might, even if you oppose the takeover, it won't help."
I'll go to see Wallace in the afternoon, and he's agreed to transfer 8 percent of his shares to Goldman Sachs.
And as far as I know, Black Rock is about to get a 7% stake in Srock.
Fidelity is also close to settling Lawrence's 3% stake.
Vanguard has also taken a 5% stake in Frank's hands.
So friend, you don't have a chance. ”
Five companies have already acquired 11% of Berkshire Hathaway's shares in the stock market, and if you add 8% of the major shareholders Wallace, 7% of Srock, 5% of Frank, and 3% of Lawrence, that is 34%, which is just one more than Warren Buffett's 33%.
"You're moving so fast. ”
Buffett sighed slightly, feeling a little bitter in his heart.
Although 34% is only one more share than 33%, Berkshire Hathaway can be said to have been out of Buffett's control.
Buffett still found out too late.
"Sorry Warren, it's my job. "White Weinberg knows Buffett's feelings for Berkshire Hathaway, but like he said, he and Buffett have no personal vendettas, it's just work.
"I don't blame you. Buffett's words come from the bottom of his heart, shopping malls are like battlefields, and White Weinberg is just a small soldier who obeys the general's orders.
"But White, can you tell me who is buying my company. "Warren Buffett still doesn't want to give up, even if there is only a slight opportunity, he will give it his all.
"Hey!"
White Weinberg sighed.
"It's my little boss, Mr. JK Morgan. After thinking about it, White Weinberg decided to tell Buffett.
"I see. Buffett frowned, he thought he had offended a core member of the Morgan family, but he didn't expect it to be the small boss of the Morgan family.
This made his mind come alive all at once. "White, I want to visit Mr. J.K. Morgan, can you help me convey that?"
White Weinberg on the other end of the phone was silent when he heard Buffett's words.
Seeing that White Weinberg did not speak, Buffett continued: "White, we have been friends for so many years, I have never asked you for anything, can you help me this time? ”
"Okay. White Weinberg couldn't stand Buffett's request, so he could only reluctantly agree.
This can be regarded as making up for Buffett, although the acquisition of Berkshire Hathaway is his duty, but he can not owe a little bit to his friends for many years.
"But I can't guarantee that you'll meet JK, even if I want to meet him, I won't be able to. ”
White Weinberg's words are not prevarications, but facts, although Morgan Stanley and Goldman Sachs are about the same strength, but the two companies have different levels in the Morgan Group, Morgan Stanley is a descendant of the Morgan family, so it belongs to the first level, and Goldman Sachs is more sad, only the third level.
So White Weinberg is only a third-level administrator, and the administrator at this level can't go to Morgan Manor without being called, at most he can call to make an appointment, as for whether the boss wants to see you, it depends on the mood.
"I understand, White. "Although Warren Buffett is not from the Morgan Group, he knows the difficulties, and people at John's level are not what you want to meet.
"Alright, you wait for my news. ”
White Weinberg hung up the phone.
After hanging up the phone, White Weinberg leaned back in his chair and took a deep breath, then picked up the phone again and dialed, he knew that John was at IBM during this time, so he called John Ex's office directly, but John Ex told him that John had left IBM to go back to Los Angeles, and he could only wait until the evening to call Purple Star Manor.
After the call, Mr. White told his assistant to prepare a contract for him to meet with Wallace, a shareholder of Berkshire Hathaway, to buy an 8 percent stake in Wallace.
He and Buffett are good friends, but the public is the public, the private is the private, and the promise to Buffett to contact John is a favor from the position of a friend, but he will not abandon the public because of his private interests, and forget that the acquisition of Berkshire Hathaway is his business.
After Wright Weinberg met Wallace, the negotiation process went smoothly, in fact thanks to the name of the Morgan family.
After all, who would offend the world boss for a few money, more money has to be spent on life, not to mention that Goldman Sachs did not bully people, and the price of 30% premium is already considered a high price in the industry, so as long as the head is not broken, at this time will choose to accept a good offer, and inherit the favor of the Morgan family.
At the end of the negotiations, White Weinberg chose a random restaurant for dinner, and after estimating that the time was about right, he returned to the company and called Purple Star Manor.
This time he was lucky, John and they just returned to Purple Star Manor, and it was Dani who answered the phone, and after Dani knew it was him, she handed the phone to John.
"What's the matter?" John took the phone and asked directly.
When White Weinberg heard John's voice, he felt a rush of pressure come over him, and his heart beat faster.
He is the president of Goldman Sachs, with a prominent position, countless people, and a strong mental quality, but every time he calls John, he will be nervous, because there is an invisible gap between him and John, which cannot be ignored if he is strong in his heart, not to mention that John is still a person he can only meet once in three years.
Warren Buffett wants to see you. As White Weinberg said this, he felt the sound of his heart beating in his chest.
"Hehe, White, what benefits did you take from Buffett?" John quipped.
John's voice sounded peaceful, and there was laughter, but White Weinberg suddenly broke out in a cold sweat, and even the palms of the microphones began to sweat.
The most intolerable thing for any family, group, or country is to be a two-five boy, eat inside and outside, and collaborate with the enemy.
You can sneak around the leader's back to make some extra money, the amount is not large, it doesn't matter, at most you will be reprimanded, and the most serious thing is to be expelled or sent to prison for punishment, but to be a second or fifth boy, eat inside and outside, and collaborate with the enemy, then the end is not so easy.
White Weinberg remembers that the last person who ate inside and outside seemed to be called KND, and the whole world knew what happened.
What is KND's identity, what background? Such an identity and background are so miserable. Can he have the background and identity of KND?
So if he is labeled as a pickpocket, the end decision will be a hundred times worse than Kennedy.
So this kind of thing must not be touched, in the Morgan family this is a red line, whoever steps on it will die.
"I'm the administrator of the Morgan Group, and I'll only work for the group, and I'll only get paid to me by the group. White Weinberg quickly explained that he didn't have the courage to wear such a label as eating inside and out.
"Oh, really, tell me how much Goldman Sachs has taken Berkshire Hathaway now?" John asked calmly.
White Weinberg secretly said that it was dangerous, but fortunately he went to collect Wallace's shares after hanging up the phone, otherwise he would not have been able to account for it now.
Goldman Sachs has now acquired a 3% stake in Berkshire Hathaway, plus the 8% it bought from Wallace this afternoon, bringing Goldman Sachs to an 11% stake in Berkshire Hathaway. ”
White Weinberg deliberately emphasized that he had acquired Wallace's stake in the afternoon as a way to prove his loyalty to John.
"Good, you're doing a good job. John was very satisfied with this answer, the Morgan family loyalty comes first, ability is second, he just wants to see whether White Weinberg is loyal or not, and this amount does not disappoint him.
And when White Weinberg heard that John was not pursuing it, he secretly breathed a sigh of relief in his heart, and he could be regarded as surviving John's investigation without danger.
"As for Buffett's business, ....... ”
John turned the conversation back to Warren Buffett after examining White Weinberg's loyalty.
Warren Buffett wants to see him for nothing more than Berkshire Hathaway's business.
"You let Buffett come to Purple Star Manor at eight o'clock tomorrow morning. John thought about it for a moment and felt the need to meet Buffett, because he was a little curious about how the stock god would turn things around at this point.
"Good boss. White Weinberg hurriedly replied.
"So be it!" John said and hung up the phone.
Hearing a busy tone on the phone, after White Weinberg hung up the phone, he leaned back in his chair weakly, raised his hand with difficulty to wipe the cold sweat on his forehead, and at the same time warned himself that this kind of thing could not have a next time, Goldman Sachs was not loved by Morgan Stanley, and his status as a president was not as good as Dimon, so it is better to do less of this kind of thing, otherwise Goldman Sachs will really become a grandmother who does not hurt and an uncle who does not love.