Bloomberg, who stood beside Han Xuan, has a legendary family history. Pen "Fun" Pavilion www.biquge.info

From 1966, when he joined Salomon & Co., until he was fired in 1981, he worked diligently six days a week, twelve hours a week, in exchange for a letter of dismissal.

If it weren't for this incident, he would probably just be a high-end white-collar worker for the rest of his life.

Fifteen years later, Mr. Bloomberg was given a one-time severance pay of $10 million and some convertible securities, and after being fired from the company, he wanted to start his own business.

At that time, most companies on Wall Street were basically still in a state where a group of people used a pencil to record the guesses made by so many boring traders based on their feelings, and there was no systematic and scientific access to financial news.

Even the Federal Reserve is still using manpower to relay important information about bond prices and yields, which is inefficient and prone to error.

So Mr. Bloomberg decided to build a product that would give investors quick access to financial news and sell it to everyone who needed it.

The rest of the story is well known, and he succeeded......

Now Bloomberg News has more than 70 offices around the world, a total of more than 900 professional journalists, and countless financial analysts at its headquarters in New York.

They aggregate financial news from around the world and present it to the company's customers, who can access the information in a timely manner through the terminal.

Prominent newspapers, including The New York Times, The Washington Post, and The Wall Street Journal, subscribe to its financial news, and more than 300 radio stations around the world use Bloomberg News broadcasts.

The company's more than 900 journalists around the world provide more than 1,500 news stories a day for 200 newspapers.

The terminal costs $21,000 a year, and currently has more than 5,000 customers, generating more than $100 million in revenue for the company alone.

Coupled with others, such as income from selling news, the turnover exceeded $170 million last year, and the net profit was around $90 million.

Thanks to its ultra-high turnover and profit growth, rating agencies and markets are optimistic about Bloomberg News' prospects, which gave a $1 billion valuation last year and has increased to $1.15 billion this year, and it is not listed.

At that time, Han Xuan spent nearly $600 million to buy a 30% stake in Bloomberg News from Merrill Lynch, almost doubling the premium, and it is still in a state of loss.

But the future development potential of this company is huge, Wall Street makes money from ordinary people and companies, and Bloomberg News makes money from Wall Street, and he has never worried that he will not be able to recover his capital in the end.

Michael Bloomberg, who is now in his fifties, only started his business at the age of forty, and has experienced all the storms and waves in his life, and has developed a calm personality.

As a shareholder, Han Xuan never dictated the future development direction of Bloomberg News, and let Bloomberg do it all, and he was very confident in his ability.

The other party just casually asked Han Xuan what he was talking about with the president just now, without the intention of snooping on his privacy.

The tone is very casual, as if it is okay to answer or not.

Han Xuan turned sideways to face Bloomberg, his hand on the railing, if it was last year, he might still be too short to reach, this year he has grown by leaps and bounds by nearly ten centimeters, and the last time he measured his height, he had reached one meter six five.

Reaching out to unbutton the suit, revealing the black shirt inside, he said with a smile: "I said something about HOPE Technology."

You know, Mr. Clinton is interested in the Internet. ”

Michael Bloomberg graduated from Harvard Business School and has been in the financial business for more than a decade, so he has a keen sense of the economy.

In addition, over the years, he has been exposed to Bloomberg News, analyzing daily financial information and corporate data around the world, and his horizons have been broadened, and even the White House and the Federal Reserve have asked him to be a staff member.

"That tech company is very good, in my opinion the companies under your name are good, I have to admire your vision.

Luckily, you've got your eye on my Bloomberg News company, and while it's the slowest of all your assets, there's definitely something about our firm that appeals to you. ”

"Haha! Bloomberg News is really attractive, it uses terminals, and it delivers faster messages than Reuters in the UK.

Recently, the major securities and stock exchange markets have been abandoning traditional practices and switching to computer trading, which will undoubtedly increase the speed of capital circulation.

Whoever is faster in the future will be more likely to get the first opportunity, and as long as Bloomberg News controls half of the financial information market, am I afraid that it will not be able to make money?"

"You're really ahead of your time.

That's what I think, so I'm constantly shortening the time it takes to deliver a message.

It's more enjoyable to work with you than with Merrill Lynch, at least not a bunch of people who don't understand will question me on the boardroom. ”

The elder Bloomberg was a doer, preferring to do it more than to talk about it.

The language isn't as interesting as Trump's, but it's easy to get people to like him.

took a sip of red wine and reminded Han Xuan: "I think there is a big bubble in the Internet industry now.

Compared with traditional industries, their profitability is limited, which is not in line with the law of economic development.

Even if it's new, it should conform to the laws of economics, and investors have been carried away by the success of companies like IBM, Sun, and Microsoft.

What do you think?"

Han Xuan knew what the other party wanted to remind him, nodded and replied: "Now that the global economy is gradually recovering, and the Federal Reserve continues to raise interest rates, it has attracted a large number of tourists to return home.

Some of this money, the holders chose to invest in Internet stocks, and the hype that recently pushed Microsoft's market value to a peak of $300 billion, which is really unbelievable.

In a few years, once the economic growth rate slows down, the Internet industry is likely to collapse, but you don't have to worry about me, I have a detailed plan for the company's development and have found a way to make profits.

The Internet is the new thing that will meet the needs of people's lives and entertainment in the future, and this will not change.

As long as you recognize this and wait patiently, the future will be bright. ”

Recently, there have been people who have seen anomalies in the rising Nasdaq market index, and Bloomberg is one of them.

He learned that Han Xuan had plans to list the company, so he kindly reminded him to pay attention to the risks, and now that he found that Han Xuan already knew, he didn't say more.

It was a pleasure to chat with Bloomberg, who made accurate judgments about the world economy and knew which industries would probably be new highlights of future economic development, which gave Han Xuan a lot of inspiration.

The two chatted until more than ten o'clock before saying goodbye and leaving.

Before leaving, Han Xuan donated 3 million US dollars, which was the highest amount today, and Hillary was very happy and personally sent him to the door of the hotel to get in the car.

On the way home, Han Xuan unexpectedly received a call from the old cowboy John.

John said that the Labrador Pudding, as if he was dying, had been in a coma twice since the afternoon.

Han Xuan has a very deep affection for Pudding, a childhood friend, who is almost at the villa on the Upper West Side, but temporarily changes his itinerary and turns around to JFK International Airport, asking Secretary Dawson to help arrange the route.

Its owner, Barton Sr., is now in Australia, and someone has to go back to accompany him...... (To be continued.) )