Which is the hottest venture capital fund in the world in the past few years?

It's Swift Ventures!

Since its inception in 2001 with a capital of US$500 million, the fund has almost single-handedly set off a high-tech Internet storm in Asia!

From Samsung Electronics to Naver, from Yahoo Japan to Netflix Japan, from TSMC to HTC, from Tencent to Alibaba...... In just four years, Swift Fund has almost laid out more than 40 potential technology stocks in Asia.

Scott Swift, the general manager and chief investment expert of the fund, seems to be like a miracle helper, and the stocks he buys can always rise sharply! The emerging companies he ventures in and out of stock can always go public!

Although he only has a capital of 500 million US dollars, he was born on Wall Street, and he has taken financial means to the extreme, constantly getting funds from banks through layers of iterative pledges and loans, and then using leverage to raise a large amount of money from securities companies.

In short, after a series of dazzling means such as buying, pledging, financial leverage, and cashing out, the total stock price of Swift Venture Capital Fund now exceeds $50 billion!

In 4 years, it has increased 100 times!

Of course, this does not mean that the foundation is prepared, and in fact, many professional institutions are still full of concerns.

Behind the $50 billion in stocks, there are a large number of low-margin pledges and high-leverage operations.

Once these technology stocks encounter a crisis and collectively plummet, then the Swift Fund will face great margin pressure and debt pressure, and it is likely to be destroyed overnight by leverage!

However, Scott Swift is a madman, not only did he not take a prudent approach to cash out some of the stocks to mitigate the risk, but instead intensified his efforts and continued to obtain cash flow by pledging the shares, and continued to invest!

As a result, he also has the nickname "Scott the Bold" in the venture capital world.

Due to this factor, the investment god Warren Buffett has made an appointment with Scott Swift a few times, and kindly warned this junior: "There are three ways to bankrupt smart people - wine, women and leverage." It's crazy to risk your own net worth in exchange for something that doesn't belong to you, avoid investing borrowed money!"

"There is no doubt that some people become super-rich by borrowing money to invest, but such operations can also leave you destitute. When the leverage operation is successful, your gains are magnified exponentially, your spouse thinks you are smart, and your neighbors are envious. But it's addictive, and once you've reaped the benefits, it's hard to go back to the old ways of being cautious. ”

It can be said that this is a piece of advice from an old-timer in the investment world.

Swift Funds are more than just leverage. Leverage is for securities companies, which do not require collateral, and even if you lose money, you can also stop losses through securities companies. Swift plays with a margin of stock pledge, and then another round of leveraged operation, which is sky-high.

Once the stock market twists and turns, after stopping the loss from the securities company, the debts on the bank's side are almost insolvent and waiting for bankruptcy.

There are both benefits and risks.

The Swift Fund has been the highest-yielding VC fund in the past few years, and at the same time, it is also the riskiest fund.

But Scott Swift seemed to be prepared and confident, and seemed to be unconcerned about all these external risks, and when he heard Buffett's advice, he simply said: "My boss is Donne!"

Warren Buffett was stunned at the time, and finally held back a sentence: "Good luck." ”

Scott Swift was just a trader at a Wall Street investment bank a few years ago, and now he is worth tens of billions of dollars!

What did he rely on? Wasn't it Donn?

He has always been obedient to Donne's words.

Donn told him to complete the deleveraging of the Swift Fund by 2007.

Just follow it.

In his eyes, Don Ke is much more powerful than Buffett.

Now, he has received a new assignment from Don - to eat Disney stock in the hands of the Bass family.

……

The Bass family has owned Disney for twenty or thirty years and has a certain affection.

There's no way they're going to disregard Disney for their own benefit.

So in the selection of objects for sale, the Bass family is also very careful.

First of all, all shell mechanisms are excluded!

This kind of shell mechanism, which may be controlled by a Wall Street sniper, once it is taken over, it will be very unfavorable to Disney.

I chose to choose and choose, and I chose the Swift Fund, which has little to do with the United States.

Michael Eisner had also vaguely heard of the Swift Ventures Fund, but he didn't know much about it because it doesn't invest in the U.S. and focuses on Asian tech stocks.

This time, because of the Bass family's connection, Michael Eisner naturally wanted to pay more attention.

"This man is crazy!"

Michael Eisner looked at the investment reports of the Swift Fund in the past few years, and his heart was beating in a cold sweat with fright.

Is this also called investment?

It's a fate!

$50 billion in stocks, but with unimaginable investment risks, may go bankrupt overnight.

Is there still such an investor in the world?

In order to make money, you don't even want life-saving money?

It's even crazier than Soros, who shorted Asia back then!

In the stock market chaos at the end of the 80s, there were crazy investors who made more than 200 times in half a year, which shocked the whole United States. But as a result, because the lever was opened too high, it was quickly drowned in the long river of history and became a pauper.

When it comes to investment, it is better to have Buffett's steady and steady investment philosophy.

Fortunately, the credit credit of Swift Fund in the past few years has been very good, although it has made crazy money in the Asian market, it is also the most important big customer of major Asian banks, and does not have any bad resume.

Coupled with the fact that the Swift Fund has not participated in investments in the United States, this makes Michael Eisner's heart more and more relaxed.

Since the fund's focus is on Asia, it probably doesn't have much energy to focus on the U.S. market and participate in Disney's day-to-day operations.

"Looks like it's fine. Michael Eisner shook his head amusedly, put down the papers in his hand, rubbed his tired eyes, and was in a good mood, "This bold Scott is simply the Donn Walker in the investment world." It seems that he is aware of the risks of technology stocks and wants to buy some value stocks to hedge. ”

Either way, he was relieved.

The share transfer agreement of the Bass family was approved by the Board of Directors.

The Swift Fund bought 1.35 shares of Disney stock in the hands of the Bass family at a price of $20.2 per share, for a total of $2.73 billion.

The Swift Fund also replaced the Bass family and became the largest shareholder of Disney!

On the day of the announcement, Disney shares plunged 6% at the open, falling to $19.8. It then rallied and rose to $20.9 at the close.

……

Natalie was already a little nostalgic and walked around the manor every day after dinner.

Blake Lively deliberately showed favor and supported him every time.

She knew that Scarlett and Gail's attitudes didn't matter if she wanted to get through, and they would hardly refuse. It's mainly up to Natalie, so during this time, she always tries her best to please.

Natalie naturally understood her thoughts, so she walked around the artificial lake in Manor 1 and said softly: "Blake, you have also seen the environment of our family, it is a typical polygamous family. What is certain is that there will only be more and more women in the future. Would you really like to get involved?"

"I've thought about it, I went home yesterday and made it clear to my father and sister. I want to be a family with Don and you, and I love the atmosphere. ”

Blake Lively said without hesitation.

Natalie's heart is like a mirror.

What's so good about the vibes here?

In addition to luxury and luxury, how can there be any warmth and romance to speak of? To put it bluntly, it is still the life of a wealthy family here with no worries about food and clothing, and servants like rain.

Natalie said: "Don't look at Don En who spoils you and loves you now, wait for a while...... Even when it's in bed, it's a routine. You may think that this kind of life is not bad now, but you may not be so happy in the future. ”

Blake is also a smart girl, she guessed Natalie's mind at once, this is to persuade her to quit!

"No, haven't you known Don for six or seven years? I think it's a good relationship, and so is Scarlett. He's my man, and I have faith in him. ”

She's not a silly girl like Scarlett, she's got a few words, she's sober.

Natalie's eyes flashed, she turned her head to look at her, and said intentionally or unintentionally: "Yes, Don and I have been used to it for several years, and we can't do without him." ”

"Me too. "Blake won't admit defeat.

"Have you thought about it, what should you do if you wait for decades and become old? When he is in the prime of life, the beautiful girls around him are like leeks one after another. At that time, you may only be forty or fifty years old, and you may have lost the married life you should have, how can you solve your personal needs?"

Natalie really doesn't want Blake to be a family, mainly because the girl is too smart and ambitious. This made Natalie feel a sense of crisis.

Blake said he wouldn't leave, "I know, I've thought about it, I can adapt to that kind of life." Besides, didn't Don arrange it all for us? I don't think that's a problem. ”

"Huh?"

"yes, didn't Don group us together, you and Scarlett, and I and Gail. Taylor and Lily will definitely be together in the future. He must have thought of everything we could think of, and such an arrangement may be prepared for the future. If there is a need, let our sisters solve it themselves. ”

Natalie bit her lip and stopped talking.

Blake Lively's realization of this shows that she really thought of everything, and she will not give up until she joins this big family.

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