Chapter 185 quid pro quo

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Rebecca Mark may not know much about the inside story of Jeffrey Jilin's inner circle, but Guo Shouyun can't think of any other more suitable candidate for the time being. Of course, for Guo Shouyun, who only wants to make a breakthrough within Enron at present, Rebecca Mark is enough.

After explaining Wendy, Guo Shouyun returned to the study. After calling Molly Bevan, who was far away in London, she began to write as usual. Although the things at hand have become more and more with the development of the company, and most of the creations based on the excellent movies and TV series in his mind have been ghostwritten by the 'Emerald Bird Group', the subsequent editions such as "Fantastic Beasts and Where to Find Them" and "Pirates of the Caribbean" have been published and marked with his writing imprint, but he must write it himself.

Of course, compared to the previous speed, now I can write 2,000 words a day, which is already good. Despite this, this business, which can already generate more than 45 million pre-tax profits for itself every month, Guo Shouyun still does not plan to give up.

was busy until half past ten in the evening, Guo Shouyun went to bed regularly. At six o'clock in the morning, wake up on time. His inner age is close to fifty years old, and in addition to his physiology, his psychology and living habits are all out-and-out uncle level.

After exercising for half an hour, eating Wendy's carefully prepared breakfast, changing into a private customized high-end suit, Guo Shouyun, who had cleaned up and stopped, came to Amazon's office area on time before nine o'clock in the morning.

Because of the appointment in advance, in the reception room of Amazon, he met Jeff Bezos, who was also in a suit and leather shoes.

"Jeff, after seeing you, I suddenly remembered someone!"

After holding Jeff Bezos' hand, Guo Shouyun suddenly smiled.

"Who?"

"Professor Snape from Harry Potter! Oh, I almost forgot, it's Alan Rickman who plays him!" After looking at Jeff Bezos again, Guo Shouyun's smile widened, "The only difference between the two of you is here!"

Guo Shouyun pointed to his head.

Jeff Bezos touched his bald head with his left hand, and there was a hint of helplessness in his tone, but he said with more interest: "When your Harry Potter movie is released, I must see it for myself." ”

"Haha, yes. Promise not to disappoint!"

"Sit down. ”

Guo Shouyun nodded, and the two sat down on the sofa next to them.

Jeff Bezos beckoned, and the secretary next to him hurriedly brought the brewed teapot.

"I know you like to drink tea, this is the Chinese big red robe specially prepared by me, first-class product!"

"Really, then I'm going to have a taste!"

With more and more exchanges, the relationship between the two has become more and more intense. After a short pleasantries, we got to the point.

"Jeff, what do you think about the differences between the Amazon and the Thorn Bird, compared to you?"

"Bruce, that's exactly what I want to ask. ”

Guo Shouyun nodded, "I believe you have also seen the sales results of Thorn Bird Publishing Company in January this year." Profit before tax was $72 million. Just over half of February, it has achieved a pre-tax profit of 43.78 million. Judging from the current development trend, Thorn Bird's revenue will definitely exceed $600 million this year. So, I don't think double the premium is high for us. In addition, the continuity of the publishing industry is high, and the long-tail earnings of a book can last for decades. So, no matter how you look at it, the price of $1 billion is a reasonable request. As for Amazon...!"

After a pause, Guo Shouyun looked directly at the man opposite, "In 2000, you lost 1.412 billion, and in less than two months this year, you have lost 67 million US dollars." Jeff, I'm bullish on Amazon's future, but the future is not a criterion for valuation. Otherwise, the value of Thorn Bird Publishing Company would not be only 1 billion!"

"Bruce, you should be clear. Amazon is losing money because we're focusing all of our revenue on expanding our business. Otherwise, Amazon's positive profitability will definitely not be lower than that of Thorn Bird. And we have more cash flow. And, most remarkably, when we reduced the magnitude of our expansion this year, the amount of loss fell by 54.7 percent! This is the best example of how to assess the value of the Amazon. Jeff Bezos is right.

At such a time, no matter how good the relationship is, it is impossible for the two to make concessions that are not in line with their own values in their respective interests.

Staring into each other's eyes, the two understood their respective insistence.

"So Amazon is sticking to $3 billion?"

"Not bad!"

Guo Shouyun nodded slightly, and after thinking for a moment, "Jeff, I can agree to your request, but there is one condition?"

"On what terms?"

"Phoenix will act as Amazon's financial partner! In the future, your asset management business will be in charge of Phoenix! Of course, it is up to you to decide what projects to invest in. We are only responsible for providing you with investment direction and risk assessment, as well as risk warnings at critical moments. ”

In the United States, a highly financially developed market, any company will carry out capital operations beyond revenue, and Amazon is no exception.

However, compared to those large companies that have been in business for decades and have stable earnings. Amazon, which is growing up, is more engaged in short-term bonds and money market funds with higher security and easy withdrawal because of the huge demand for funds.

"Yes!"

After thinking about it, Jeff Bezos nodded. In any case, the autonomy of investment is still in Amazon's treasury, and they will not invest in overly risky financial products at the moment. The returns of short-term bonds and money market funds are not much different, so it is the same for whoever puts the money in.

At the same time, Guo Shouyun also had a smile on his face.

Winning Amazon means getting at least $2 billion in management money every year. Even if the subscription and redemption fees are not high, they are still a lump sum of income. The most important thing is the brand effect that one Amazon brings to Phoenix. With this as a breakthrough, Amazon's many affiliated traders have become objects that can be fought for.

In addition, after the successful cooperation with Amazon, PayPal will be successfully embedded in Amazon's financial system. PayPal's internal precipitation funds and revenues, which continue to draw nourishment from this increasingly large collective, will grow explosively.

These invisible profits far exceed the gains calculated at this time.

"Looks like we've reached an agreement!" Guo Shouyun smiled.

Jeff Bezos nodded.

"By the way, Jeff, are you interested in investing some money in my Thunder Private Equity Fund?"

"Thunder Fund? is your fund that is shorting Enron?"

"Yes, but we're not just shorting Enron. At the moment, we have invested $500 million in gold futures!"

"$500 million?" Jeff Bezos was also surprised by Guo Shouyun's generosity.

"How much leverage?"

"10 times!"

Gold futures in New York are now trading 100 ounces, and the price of gold is now $264 per ounce. Guo Shouyun's principal of 500 million yuan and 10 times leverage means that he holds 189,400 gold futures contracts.

"Where's the margin?"

"65 million! can afford to lose 130 basis points! In fact, I haven't lost any margin so far. Gold futures also rose by $2.17. ”

"130 basis points is not an insurance number. Also, aren't you afraid that Enron and Goldman Sachs will short gold futures?" said Jeff Bezos.

Guo Shouyun grinned, "When my manuscript fee arrives in February, my margin will rise to $96 million, and my risk tolerance will increase by one-third." As for Enron and its allies. Hehe, they are trying to find a way to raise Enron's stock price, and then play the 'foolish theory' with small and medium-sized investment institutions and shareholders who don't know the truth, and they don't care about me for the time being. ”

Guo Shouyun's investment in gold futures was the proceeds of his second ABS securitization. Even if he loses everything, it will not shake his roots. This obviously did not satisfy the appetites of Enron, Goldman Sachs and Morgan. Therefore, Guo Shouyun boldly guessed that he would be safe for the time being until his financial risk expanded to the level that Enron thought he was.

"Bruce, although the U.S. economy is sluggish right now, safe-haven assets are sought after. However, compared to last year's Nasdaq crisis, the price of gold has stabilized. You're investing so much in gold futures right now, the risk is too high!"

"Jeff, the financial markets of the whole world are connected these days. According to chaos, a butterfly flapping its wings in the Amazon rainforest could cause a storm in Texas. ”

Looking at Guo Shouyun's unfathomable expression, Jeff Bezos frowned slightly, "You mean South America?"

"In the 80s of the 20th century, the economy of Latin American countries was in the predicament of debt crisis, and the economic growth rate of Latin America from 1982 to 1992 was only 1.8%, which was not only much lower than the world average, but also lower than that of Africa. The New Economic Policy (NEP) implemented in the nineties did not improve the financial situation of Latin American countries, but instead caused inflation, imbalances, unemployment, and a drop in tax revenues. The Brazilian financial crisis of '98~'99 is the best example! As the largest and most economically powerful country in South America, Brazil has fallen, and other countries will not be much better. Economic turmoil in just one of these countries could cause gold prices to climb in the current downturn in the United States. When the time comes, I will be able to make a fortune as well. ”

Although Guo Shouyun revealed his investment logic because of their friendship with each other, he did not disclose the name of Argentina. After all, no matter how good a friend is, he has to leave three points for talking.

After nodding his head, "South America's economy is indeed heading for a downturn. But in case your judgment is out of balance...?"

"Jeff, if you want to get high returns, you have to take high risks. The measure between giving and receiving, I'm sure you know it too!" Guo Shouyun interrupted.