Chapter 203 is widely advertised

……

"Gentlemen and ladies, I know that many people will question my purpose in acquiring Pacific and Southern California. Because with no end in sight to the energy crisis, buying two utilities that are facing collapse and don't make big revenues is not the right thing for smart investors to do. Because this means spending $500 million a month to buy high-priced electricity to supply users to consume. Moreover, 40% of the aging lines of the two companies require at least $3 billion to be upgraded. In addition, it is not easy to bring together two companies with different corporate cultures. ”

“… However, it seems to me that these difficulties are temporary. There will be a day when the energy crisis in California will end, maybe two months, maybe three months, maybe longer, and I think I'll make it to that day. For this purpose, I have prepared $3 billion in funding. I will even draw funds from my own companies to meet the needs of the two companies. In addition, I would like to solemnly promise you that after the successful acquisition of the two companies, I will invest in the next 2~3 years to renovate aging lines, improve energy efficiency, and build new power plants to add more jobs to California. ”

"Mr. Guo, you don't seem to have explained why you bought Pacific and Southern California, and they don't have much to do with the technology companies, media and finance that you mainly run in. William Bass asked. He is the California Secretary of the Department of Revenue.

"I was going to put it in the back, but since Mr. Bass asked, I'll take it to the front. After a pause, "I believe you all know more or less that I have a bachelor's degree in economics from Stanford University, and I am grateful to Professor John Stewart, Professor Ron Burns and other excellent teachers for their teaching, who have made me understand the intrinsic connection between business management, financial risk and investment." ”

“… You also know a few of my companies. Google, LinkedIn, PayPal, Kuok, Matrix, Phoenix, Ruby, and Apple, which was just acquired. Among these companies, Google, LinkedIn, PayPal are Internet companies, Apple and Ruby are technology companies, Phoenix is a financial company, Matrix is a media company, and Kwok is a general business company. With the exception of Guo's, the seven companies are basically asset-light operations. Apples and rubies may be a slight exception, but the high-tech industry is not much more risk-resistant than the Internet industry. ”

"If we explain it in a more visual way, we can think of all companies as a fund portfolio. In this portfolio, Phoenix is the riskiest equity fund, Google, LinkedIn and PayPal are equity-biased funds, Apple, Matrix and Ruby are hybrid funds, and Kwok's combines retail, catering and agriculture, which can be regarded as a bond fund! Therefore, I need to add one or two money market funds to this portfolio to stabilize the return of the entire fund portfolio and enhance its ability to resist risks!"

"Everyone must understand the financial concept of money market funds, so I won't explain too much here. In my understanding, a money market fund type company is a company that can make stable profits even in the face of an economic crisis. Such enterprises include public utilities, basic agricultural and animal husbandry enterprises that provide food, etc. If you think my explanation is not clear enough, it is simply a company in an industry that provides the most basic needs of people, such as electricity, water, food, etc.! The general characteristic of this industry is that the profit is not high, but the revenue is stable! And Pacific and Southern California are such companies, and they are also what I understand as 'money market fund companies'. ”

"Mr. Guo, I'm not questioning your theory, but the reality is that Southern California and the Pacific are in the throes of an energy crisis. California Comptroller Peter Lewis said.

"Yes, but if we extend the time horizon to 30, 50, or even 100 years, the probability of a California energy crisis is much lower than the probability of a once-in-a-decade financial crisis. Moreover, there has never been a completely safe business in the world. Compared to other industries, the stability and safety of utilities are high enough. ”

"Mr. Guo, the combined assets of Pacific and Southern California are close to $70 billion, and even if they are heavily indebted, it is not easy to acquire, especially in terms of capital. If everything goes as you said before, there will be money invested in operating in debt in the energy crisis, and there will also be retrofitting the aging lines of the two companies and building new power plants. So I ask you, where are these funds coming from? $3 billion is far from enough. California Senate Speaker Joe Pearce asked.

"In terms of funding, I was well prepared before acquiring the two companies. First, for acquisitions in Southern California and Pacific, ******, Citigroup and Bank of America will provide about $4 billion in financing. Of my own $3 billion, in addition to $1 billion for acquisitions, the remaining $2 billion will be used as sustaining funds during the energy crisis. As for the renovation of the new power plant and aging lines, it will be borne by the revenue of the new company after the merger of the two companies. In addition, I can assure you that I will not take a penny from her account for at least five years after the acquisition of both businesses. All operating profits and proceeds from the business will be used to fund the improvement of public utilities in California. And, I very much welcome Mr. Lewis and Mr. Wright, to oversee this!"

After a pause, Guo Shouyun's gaze slowly swept over the faces of everyone in the audience, and smiled slightly.

"If you still have any doubts about my funds, then I am here to share a piece of news with you. The hedge fund I run 'Thunder' made $1 billion on gold futures investments.... ”

"$1 billion?"

"My God, is this true?"

"It's incredible, he really makes so much money?"

Guo Shouyun's words were like a heavy bomb falling from the sky, setting off monstrous waves in the otherwise calm conference room. You must know that the current dollar is not the dollar that depreciated after the subprime mortgage crisis and quantitative easing. One billion dollars is more than three billion twenty years later.

Soon, Guo Shouyun saw the arms of Qi Shushu in the audience raised, and too many people wanted to confirm the authenticity of the news.

But that's exactly what Guo Shouyun wants. A billion dollars can both confuse Goldman Sachs, JPMorgan, Citigroup, and Bank of America, as well as serve as a propaganda function. As long as this news spreads, the amount of funds raised by the Thunder Fund will skyrocket again.

"Mr. Guo, is what you just said true? If so, how did you make such a huge amount of money, and how did you invest in the private equity funds you manage?"

Before Guo Shouyun could point to anyone, someone couldn't wait to ask.

"Believing Mr. White's words is also a question for the vast majority of those present. Let me answer them one by one. First of all, I think it's easy to confirm that because we report the results to our customers once a quarter. You can ask the earliest client of Thunder Fund, Mr. John Jamison, a senior partner of Goldman Sachs, and Mr. Cheng Zhengchang, the founder of Panda Fast Food. Also, Governor Davis is our client, so you can ask him. Of course, for the time being, we will have to wait a few days. Because our employees all go on vacation around the world with huge bonuses, they will come back three days before emailing customers. ”

"As for the way to make this huge amount of money, I think everyone knows about gold futures. This month's Argentine debt default in South America caused the global gold price to skyrocket, and we made huge profits from it. ”

"One last question. If you want to invest in the Thunder Fund, it's actually very simple, give me a call, and then prepare $100,000 in cash and a bank account. ”

Guo Shouyun's words successfully turned the original meeting of 'the rationality of acquiring the two companies in Southern California and Pacific' into a promotion meeting to discuss the investment direction, revenue ratio, handling fees and other issues of the Thunder Fund. Of course, this is also in line with human nature, because in the vast majority of cases, people are more interested in the question of how to make their purse richer.

As a result, after the meeting, Guo Shouyun's acquisition of the two companies in Southern California and the Pacific was greatly reduced in political circles.

"Bruce, the Thunder Fund made a billion dollars investing in gold futures?"

On the phone, Cheng Tinghua's voice couldn't hide the excitement, and even a trace of shock.

"Why, you've heard about it too?"

"Not only have I heard about it, but now it's spread throughout California's high society. It is estimated that it will not be long before the myth of your wealth will circulate throughout the United States. Cheng Tinghua said enviously.

Everyone is the same age, why are you so strong!

Guo Shouyun smiled, "Have you ever thought about additional investment?"

"Of course. But I'm not as rich as you, so I'm going to add $1 million this time. … This is my wife, you must be cautious. ”

"Don't worry, next time I'll turn your million into two million, or more. ”

"That's great! By the way, we haven't been together for a long time, so why don't we go camping in Ork together?"

Alk is a well-known campground in Santa Clara County, most popular with students at Stanford University, University of San Francisco, and University of California, Berkeley.

"I really want to promise you, but I really don't have time right now. I'm flying to Chicago tomorrow afternoon for the recording of Oprah's talk show!"

This thing that Guo Shouyun promised has been delayed for more than a month because of gold speculation. Although Oprah's side has not been urging much. But if it drags on any longer, he himself will be embarrassed.