Chapter 43 Investment (Seeking Collection)

A week after arriving at the New York Stock Exchange, Jerry Towne received a call from the old man and had to leave his team and follow the old man's call to live in the old town's estate.

But Jerry's mentality is very good, just like old Paul said, professional things are left to professionals.

Jerry told them clearly his intentions and investment direction, and the team would do the rest, and Jerry himself didn't know how to operate stock trading anyway.

After the investment enters the actual operation stage, all Jerry can do is wait, instead of staying in the hotel and doing nothing, it is better to go home to drink tea and chat with the old man.

When he came to New York but didn't go home, the old man would definitely scold his mother when he found out.

In fact, Jerry has no way of knowing whether the old man scolded his mother behind his back, but when he returned to the manor, the old man smiled, and several grandmothers were also very happy, pulling him to shush and ask for warmth for a long time without letting go.

Jerry Donn lived with them until he was eighteen, so this was his true home.

Speaking of which, there are many heirs in the third generation of the Donne family, but Jerry is the only one who can enter and leave the old Dune Manor at will, and he is the only one who is deeply loved by the old man and several grandmothers, even his two uncles and aunts have to be ranked behind him.

Generational proximity, since ancient times, common on both sides of the ocean.

After lunch, Jerry accompanied the old man to the golf course on the west lake of the manor to play two rounds, and then the grandfather and grandson returned to the pavilion to drink tea and chat.

"You've been very busy this time, you don't even have time to make phone calls, if it wasn't for Paul coming to me for help a few days ago, I wouldn't have known you came to New York?" The old man has a grudge against Jerry, and the little eagle that used to need his careful care has now spread its wings and flown high, and the old man is inevitably a little disappointed in his heart.

Jerry raised his hand to admit his mistake: "Don't be angry, grandpa, I was wrong, I will resolutely correct it in the future, and I will call you once a week no matter how busy I am." ”

"Forget it, I'm not old enough to walk, I'm just a little unused to it, just get used to it. The old man waved his hand.

Taking a sip of tea, the old man's eyes flashed, and he asked with a smile: "It's been a big move recently, and you have all turned around with your relatives and scavenged their money bags." Hehehe!"

Jerry was stunned for a moment, and said in surprise: "You know this?"

Suddenly, "That's right, my uncle and aunt will lend me so much money because of your face, if I don't tell you in advance, I'm afraid it won't arrive so quickly." ”

After speaking, Jerry took out a stack of documents from his handbag and said, "This is the loan agreement I asked Jim's lawyer to draft, and I don't have the ability to repay it myself at the moment, and I need someone to guarantee it, so ...... Hehe, please sign these documents and be my guarantor. ”

The old man was stunned, took the document and flipped through it, there were really a lot, there were six loan agreements, including all the relatives in the family.

Casually throwing the documents on the white jade table, the old man pouted, "Is it necessary to be so formal? Are they worried that you will not be able to repay the loan regularly?"

"No!" Jerry shook his head and said: "This has nothing to do with my uncles and aunts, it is entirely my insistence on doing this, the agreement is also drafted according to my opinion, official affairs must be done, borrowing money must have written evidence, more than 100 million US dollars, but it is not a melon and two dates, it must be taken seriously!"

Jerry grinned and said, "To tell you the truth, I really don't have the capital to repay this huge amount of money now, if it weren't for the fact that my relatives have plenty of money, who can raise $150 million in a week?"

Therefore, the repayment conditions are clearly stipulated in these documents, which are settled at a rate of 5% increase in the interest rate of the bank loan and repaid within two years. ”

The old man frowned slightly, "You are equivalent to sending them money directly, you know? In addition to your mother's money, there is 100 million US dollars left, and you have to pay 12 million in interest every year, which is more than 20 million yuan in two years, and the rate of return is not low." Do you say you're stupid, you want me to borrow such a good thing?" After speaking, the old man couldn't help laughing.

Jerry smiled: "It's too troublesome to borrow money from you, it will touch the sensitive nerves of many people, they are all a family, and they can't breed conflicts for this matter."

As for the rate of return, if there is investment, there must be income, and everyone earns money, and this money is reasonable. Instead of cheapening others, it is better to let your family earn more, our ancestors left a famous saying, called 'Fat water does not flow into the fields of outsiders'. Hahaha!"

"Stinky boy, you're learning Chinese well. The old man couldn't help but smile and said, "Okay, your affairs will be discussed and handled by yourself, and I, the old man, will not be involved."

Wait a while, let your grandma sign for you, she is a rich woman, as long as you come back often to talk to her, even if you can't pay it back in two years, she will help you pay it back. ”

Jerry nodded happily, he had expected the old man to do this, and the reason why he showed it to him was because Jerry knew that the old man was the absolute head of the family, and without his old man's nod, grandma would not go against her husband's wishes even if she loved herself.

Every time I think of the interesting facts of this manor, Jerry can't help but sigh that the old man is really a pure man, he is still charming when he is old, and the five grandmothers are as obedient to him as ever, and he has been obsessed with love for decades.

It's incredible to think about, and Jerry is envious of it.

He didn't realize at all that he had been deeply influenced by the old man, and he was invisibly going farther and farther along the emotional path of the old man and several grandmothers.

Just as Jerry was distracted, the old man asked, "Are you sure about the investment you are making?"

"Of course, I don't have enough strength now, so I can only buy the shares of two companies first, and if I have strong capital, I will buy a lot of shares of Microsoft and other IT companies, and then sell them a few years later, that is, in 2000, and then hahaha......" Jerry laughed out loud, and he completely sobered up, only then did he realize that he had lost his words and got carried away.

The old man could naturally see that Jerry's words just now were almost blurted out, and they had not been filtered by his brain at all, so he was very interested in Jerry's assertion, "So, you shouldn't mind if I follow suit, right?"

"Huh?" Jerry exclaimed, "You old man want to get involved too......?" It's not impossible, but I want to warn you, don't be too aggressive, or the stock market will crash, especially the Internet company I'm buying in large quantities, although the prospects are very good, but the foundation is too thin to be suitable for a large number of holdings.

But Microsoft and Cisco, if you have a lot of liquidity, you might as well be ruthless with them, in the next few years, the stock prices of these two companies will definitely continue to rise, and it is very likely to become the company with the highest stock price in the world. ”

The old man nodded thoughtfully, "I will think about it carefully, there is no need to rush into the market, you must know that the stock market game ultimately depends on how the Wall Street consortium makes a move, and our Don family is one of them."

Microsoft does have a future, little Gates wants to eat alone and is not afraid of breaking his front teeth, in recent years we are gradually eating away at the shares in his hands, it seems that this time we have to cut off a big piece of fat.

It doesn't matter if you make such a small fussy piecemeal investment, if I want to make a move, I must discuss it with other members in advance, this is a tacit understanding formed by everyone who has cooperated for so many years, and whoever breaks the rules will be expelled by everyone together. ”

Jerry doesn't know much about the Wall Street consortium, but he knows that the energy of this group is very terrifying, and once they join forces, they will inevitably cause global economic turmoil, and they are behind several financial crises in his memory.

In this regard, Jerry is self-aware, this kind of big consortium-level capital dumping is too terrible, and he is not qualified to participate, so he doesn't ask much, honestly guards his one-third of an acre of land, and makes a little money in a muffled voice.

…………

On April 12, 1996, Yahoo went public on Wall Street with an opening price of $4 per share, and by the end of the day, Yahoo had a market value of nearly $500 million.

Jerry Towne led his venture capital team, with the help of Donn Sr.'s connections, to snap up 4 million original shares of Yahoo before it went public, and bought a large number of its shares for two consecutive weeks after listing, and by the time the stock price stabilized half a month after Yahoo's listing, the venture capital team had snapped up 8 million shares.

At the same time, the venture capital team split in two, with one team targeting stock market rookie Yahoo and the other buying shares in Cisco Systems.

When Jerry Towne began to think about how to make money, the first person that jumped into his mind was Chambers and his company, Cisco, which was one of the most bullish technology stocks in the stock market at the end of the 20th century, and it can be called a stock market myth.

Early last year, John Chambers was promoted to President and Chief Executive Officer of Cisco Systems.

I've never eaten pork and I've seen pigs run.

If Jerry wants to make money, it is impossible to forget the helmsman who created the myth of the operation of public companies - John Chambers.

After a month of continuous struggle, Jereh's venture capital team spent $48 million to snap up a total of 12 million shares of Yahoo's original shares and market shares, acquiring 12.8% of Yahoo's shares in one fell swoop, and spending a huge amount of $90 million to buy a 0.85% stake in Cisco Systems.

So far, the venture capital team has basically completed the two acquisition plans assigned by Jereh, and the amount in Jereh's private account is only more than 10 million US dollars, and the follow-up is weak, and it is no longer able to buy large shares.

On April 21, Jerry left New York with two bodyguards, and before leaving, he left the venture capital team in New York to continue to follow the stock market trends, leaving four bodyguards to protect his safety, and Paul Sr. served as an intermediary liaison to report to him on the stock market at any time.

Sitting in the comfortable seat of first class, Jerry closed his eyes and pretended to sleep, the corners of his mouth slightly curled, and a satisfied smile appeared.

The investment in the stock market went unexpectedly smoothly and successfully achieved his expected goals, although he was saddled with a huge amount of debt, but the results were quite gratifying.

If nothing else, his investment today will be a huge harvest in the next two years, creating his own wealth myth.

Not only that, Jerry also has a follow-up investment plan in mind, and in the next three years, he may have a very tight life, and most of his income will continue to invest in technology stocks and online startups.

Sticking to poverty for three years in exchange for hundreds of millions of dollars of huge wealth is a very good deal, isn't it?

………… (To be continued)