Chapter 658: Charity

Cheng Tianqiao's visit was very sudden, and several people chatted about some marginal words, which did not have much nutrition in Zhou Shi's opinion. As a billionaire, a self-made boss, he has his own opinions. What Zhou Shi said, even if he told him what would become in the next few years, Cheng Tianqiao would still do what he wanted. This world is not able to succeed with wisdom, why has there always been a strategist from ancient times to the present, and the same wisdom can have different effects in different hands.

In fact, there are many people in China who have excellent strategic thinking, but there are very few who can unswervingly believe in themselves and implement them with unyielding courage. Jack Ma is such a person, and the success of Robin Lee and Little Pony has not really had many setbacks. These two people lack accumulation and precipitation, and their ideological and moral level is not worthy of their current status. Enterprises have to assume certain social responsibilities when they develop to a certain extent, but these two companies don't seem to know anything else except making money, perhaps they think that the only responsibility of running a business is to make money and make more money for shareholders.

It is no wonder that the situation in China is "domestic capital and foreign society", but the mature system that others have evolved over the past hundred years is far from being something that some of our elites can copy casually. What is even more terrifying is that these people only see some appearances and give up their ideals. Zhou Shi also doesn't understand the social situation in the United States, so he will never interfere in the specific operation at will, and even the details of the product will not interfere. This is also one of the reasons why Yahoo's stock price is stable, and the American financial media praise Zhou Shi. At least Yahoo's current management is recognized by the media, including investors.

Before Yahoo announced the news of its acquisition of LinkedIn, there was a lot of media coverage of the business social networking site, knowing that it was in Famp; After F, it is the largest workplace social networking site, with nearly 150 million users worldwide.

When the news of the acquisition came out and the specific plan was announced, Yahoo's stock price skyrocketed, and a few days later, Yahoo's market value once again exceeded $40 billion. Next is interviews with various media, but fortunately, Zhou Shi stepped down as CEO of Yahoo, which saved him a lot of trouble.

At the same time, the revamped Yahoo News, Flickr and Yahoo Pass mobile versions have been greatly controversial, with those who like it very much and those who hate it very much, but the analysis shows that most of the people who hate it are used to the old version, and the new users who like it account for the majority. In any case, whether you like it or hate it, the download and usage of these apps have risen, and they have changed their decline to occupy the top few major app stores.

"Congratulations, you're doing a great job at Yahoo!" Buffett, in another charity dinner, Buffett called Zhou Shi to chat. Zhou Shi, who became Yahoo's largest shareholder and controlled Yahoo's board of directors to a certain extent, carried out drastic reforms to Yahoo in a few months, cutting down a series of marginal businesses and making the advantageous core business shine with greater brilliance. Although Yahoo's profitability has been greatly impacted, and this fiscal year is almost destined to lose money, the revival of Yahoo is obviously more optimistic.

"Thank you, I haven't done enough!" Zhou Shi said modestly, in fact, it is not modest, the group buying business is a landmine, it will definitely explode next year, how to find a breaking point in a year's time, make up for the impact of the group purchase not reaching the expected formation, this has become Zhou Shi's top priority.

"You Chinese just like to be humble, and that's really not a good habit!" Buffett

"It's because of our different cultural backgrounds, and because I have great expectations for Yahoo, but I'm not happy with Yahoo now!"

"You still have time, enough for you to achieve your goals!" Buffett

"Thank you, I hope so. "Zhou Shi

"I heard that you are going to dissolve the Suzaku Fund?" Buffett, no matter how this hedge fund is said, there are other people's investments, and it will take time to close out and liquidate, but investors have been notified that the matter is still being further processed. Many people don't want the Suzaku Fund to be liquidated. But Zhou Shi would rather Galaxy Capital not make a penny and cut this business, and he will definitely not give up because of the ideas of investors.

"That's right, I hope to withdraw from all high-risk speculation at the group level, and even if there is such speculation in the future, it will be quarantined, and I myself will not participate in such activities. Zhou Shi explained

"I heard that the vast majority of Galaxy Capital's profits are obtained from the Vermilion Bird Fund, and if you do this, Galaxy Capital's income will definitely drop sharply in the future, don't you regret it?"

"Regret that was later, and now I'm going to do what feels right to me. "Zhou Shi, how could he regret it, if Suzaku has a genius, he can't keep it, if there is no genius, it will be difficult to make money in the future anyway, since this is the case, why regret it?

"I didn't expect you to have such courage at your age, it's really admirable!" Buffett

Zhou Shi doesn't know much about Buffett's life, and no one has ever talked about him, and he doesn't know how to praise him. This is not for him to sell Ali's shares now, what kind of courage does he have?

"Belranke and I talked about your decisiveness in selling your friends, Twitter and Marvel, a Chinese, especially a yellow race, can make such a big achievement in the United States, which makes me and Munger very admired!" Buffett

"It may be that the times have given me such an opportunity, if it were not for the openness and inclusiveness of Silicon Valley, and if it were not for the huge impact of the subprime mortgage crisis on European and American societies, I would not have what I am where I am now. "Zhou Shi, whether it is a patent or the acquisition of high-tech enterprises, if it is not in this special time period, even if Zhou Shi presses Ao Guanhai, there will not be much chance of success, only a serious financial crisis such as subprime mortgage is the best opportunity to break the old order. Such an opportunity is not comparable to the bursting of the dot-com bubble in the early 21st century, and perhaps only similar to the Asian financial crisis in '97. However, one acts on Southeast Asian countries, and the other on Europe and the United States. If there is no opportunity such as the subprime mortgage crisis, it may pay several times the price, and it may not be possible to have Zhou Shi's current achievements.

The two continued to chat, and Buffett praised Zhou Shi without a trace.

"By the way, what do you think about charity?"

"Charity, this may be a kind of rebellion against the helplessness of society, if one day the world no longer needs charity, it is the greatest charity!" Zhou Shi

Buffett obviously didn't expect Zhou Shi to answer like this, and choked for a moment, "I hope there will be that day, but now it's still far from that goal." Warren Buffett didn't expect Zhou Shi to say such a false and empty thing, but he didn't know that big words and clichés were a fine tradition in China, and a few decades ago a mu yield of 10,000 catties could be done, and what else could not be done!