Chapter 756: I Can Talk to Them About Movies
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"Eric, Chris, let me introduce you to John Neff, to be honest, I don't agree with many of his economic views, but we can't deny that in the two decades that John has been at the helm of the Windsor Fund, the company has outpaced the Dow Jones by more than 3% almost every year. ”
In Queens, New York, the day after Halloween, Eric arrived on time for the party Buffett had called in a wealthy villa in Queens.
Hearing the name of Buffett's 'Windsor Fund', Eric raised his eyebrows slightly, but on the surface, he still reached out very enthusiastically to shake hands with the old man in front of him who looked a little similar to Buffett and even wore black-framed tortoiseshell glasses.
"Hello, Eric, Chris," John Neff shook hands with Eric and Chris with a smile on his face, and looked at Buffett with dissatisfaction: "Hey, Warren, you're counting me down in front of young people in front of me again, maybe we need to find a time to discuss your views on efficient market theory." ”
"Of course, no problem, I have time at any time," Buffett smiled and added, "But now I'm going to take two young people to meet other old guys." ”
Buffett raised his glass to John Neff, and led Eric and Chris to another man in his sixties: "Another John," Buffett raised his glass to the old man in front of him, and said to Eric and Chris: "John Bogle, John, this is Eric, and Chris, you know each other." ”
Chris, who was on the other side of Buffett, reached out to John Bogle with some eagerness this time: "Mr. Bogle, I'm Chris Hansen, it's nice to meet you, oh, I read a lot of your economics papers when I was in college." ”
"Hello Chris, I know you, Firefly Investments has had a great portfolio over the years, maybe we can take the time to talk. ”
"Of course, if I can have this honor," Chris nodded hurriedly, giving Eric the illusion that a movie fan has seen a big star.
However, it is not surprising that in this hall, Buffett will not talk about it, and many other people are well-known figures in the investment world. Just like John Bogle, Eric has done some homework beforehand, but even if he doesn't do anything, the name of the Vanguard Group is enough to hear loudly, in his memory, this famous investment fund company once controlled a wealth of nearly 900 billion US dollars at its peak, even at this time, the assets of the Pioneer Fund reached 200 billion, although Eric's personal worth has reached a point beyond the reach of many people, but the wealth controlled by these old men far exceeds him.
From yesterday's participation in Morgan Stanley's chairman Seymour Gilbert to the current series of investment tycoons introduced by Buffett, Eric gradually realized a truth, on behalf of a person's power, the most important thing is not how many resources he has, but how many resources he can control. Although his personal wealth is far from comparable to Eric's, the Vanguard Group he controls firmly controls more than $200 billion in assets, and the seats on the board of directors of a large number of Fortune 500 companies in the United States and even the world represent are the real strength of these large fund companies to influence an industry and even a country.
As Buffett made a lap in the hall and came to a bar, Buffett exchanged a glass of wine, chatted with Eric and Chris a few more words, and then said, "Okay, Eric, you can talk to the guys you are interested in, and of course, you can also meet these young people your age." ”
Chris was already eager to try, and when he heard this, he raised his glass to Eric and Buffett and walked to other places. As a top student majoring in finance, it is obvious that there are many master investors in the field that he admires, and these people are definitely more talented and practical than many so-called economists who can only talk.
In addition to some old men that Buffett just introduced to Eric and Chris, there are also many young people of the same age as them, and it should be the young juniors brought by these people, just as he spoke, an old man with silver hair walked towards Buffett with a young man about thirty years old: "Hey, Warren, good evening, oh, and Eric, introduce, this is my brother's child, Nate, he is now working as an investment manager at Kahn Brothers." ”
Knowing that the other party's target was Buffett, Eric smiled at a few people and took the initiative to walk away.
After a moment of walking through the crowd, Virginia, who had been chatting happily in a group of female relatives, noticed Eric's figure and walked towards him.
"What are you talking about?" said Eric, raising his glass to the woman who had just been chatting with Virginia, and asked the woman holding his arm with a smile.
"Movies, fashion, and so on, it's not something that you big men are interested in. ”
Eric laughed, "Oh, I'm actually interested in these things. ”
As the two were talking, a male voice came from behind them, "Hey, Eric." ”
Turning his head, Eric saw Bill Gates and his wife, smiled and stretched out his hand: "Hey, good evening, Bill, Melinda, this is Virginia." ”
"Hello, Ms. Madsen, Melinda and I happened to go to see your movie together when we were dating, "Island Cry", right?"
"yes, I didn't expect that, it was a few years ago," Virginia shook hands with Bill Gates and Melinda Gates, respectively.
Since the success of win95, Microsoft has rapidly accelerated its layout in the Internet industry in the past six months, not only has launched a portal business, but also began to get involved in the role of Internet service providers, completely repeating the previous life of the 'see geese flying over or not to eat or not to fight down' strategy, it can be said that it has completely started a short-handed battle with Yahoo and AOL.
Eric has always kept a close eye on Microsoft's related businesses, so judging from Microsoft's unrelenting expansion results over the past few months, Eric is vigilant against Microsoft's threat, but he does not feel too much like a big enemy.
Lost the browser as an important Internet interface resource, compared with the previous life, Eric at this time is not optimistic about Microsoft's Internet business, and, after the success of Windows95, Microsoft's monopoly in the operating system market has become a foregone conclusion, and the disease of large companies has gradually emerged, after the company system gradually bloated and lost the flexibility to forge ahead, even if it has strong resources, it is definitely not so easy to enter a high-speed development industry.
Although there has been a life-and-death competition in private, neither side will show it, and after the greetings, Eric remembered what happened not long ago and asked, "Bill, I heard that you went to China not long ago, how do you feel?"
Bill Gates shrugged and said, "The market environment there, in short, is pretty bad, but it's always a very big market, and maybe I'll have to go through it a few times in the next few years." ”
Eric smiled, Bill's purpose of going to China is the same as that of many tech tycoons in his memory, all to open up the seemingly bright Chinese market, but Eric believes that Bill Gates will know that the market environment there is not very bad, but very bad. The standard pricing of Windows95 is converted into nearly 2,000 yuan, even if the price of the Chinese version is greatly reduced, it is definitely not something that users over there can afford at this time, and the only thing Microsoft can open up is the enterprise-level market, which is where you can buy genuine systems without spending your own money.
Eric actually really wants to go back and see, but his identity is not as simple as Bill Gates and Warren Buffett, Bill Gates and Warren Buffett are just pure entrepreneurs, but Eric controls the largest media group in North America and has such a huge number of media channel resources.
After chatting with Bill Gates, although the two sides still maintained a polite attitude, they would not have much common language after all, and the two sides separated, Eric raised his arm, let Virginia hold him, and said: "Let's go, since Warren specially brought me here, I can't live up to his kindness, and it will definitely be beneficial to have more contact with these old men." ”
Virginia glanced at Chris, who was not far away with Emily talking enthusiastically with a middle-aged man with glasses, and smiled: "Okay, but you are definitely not as comfortable as Chris on this occasion." ”
"It's okay," Eric said with a smile, "I can talk to them about the movie." ”
"Huh. ”
As the two were talking, a male voice came from behind them, "Hey, Eric." ”
Turning his head, Eric saw Bill Gates and his wife, smiled and stretched out his hand: "Hey, good evening, Bill, Melinda, this is Virginia." ”
"Hello, Ms. Madsen, Melinda and I happened to go to see your movie together when we were dating, "Island Cry", right?"
"yes, I didn't expect that, it was a few years ago," Virginia shook hands with Bill Gates and Melinda Gates, respectively.
Since the success of win95, Microsoft has rapidly accelerated its layout in the Internet industry in the past six months, not only has launched a portal business, but also began to get involved in the role of Internet service providers, completely repeating the previous life of the 'see geese flying over or not to eat or not to fight down' strategy, it can be said that it has completely started a short-handed battle with Yahoo and AOL.
Eric has always kept a close eye on Microsoft's related businesses, so judging from Microsoft's unrelenting expansion results over the past few months, Eric is vigilant against Microsoft's threat, but he does not feel too much like a big enemy.
Lost the browser as an important Internet interface resource, compared with the previous life, Eric at this time is not optimistic about Microsoft's Internet business, and, after the success of Windows95, Microsoft's monopoly in the operating system market has become a foregone conclusion, and the disease of large companies has gradually emerged, after the company system gradually bloated and lost the flexibility to forge ahead, even if it has strong resources, it is definitely not so easy to enter a high-speed development industry.
Although there has been a life-and-death competition in private, neither side will show it, and after the greetings, Eric remembered what happened not long ago and asked, "Bill, I heard that you went to China not long ago, how do you feel?"
Bill Gates shrugged and said, "The market environment there, in short, is pretty bad, but it's always a very big market, and maybe I'll have to go through it a few times in the next few years." ”
Eric smiled, Bill's purpose of going to China is the same as that of many tech tycoons in his memory, all to open up the seemingly bright Chinese market, but Eric believes that Bill Gates will know that the market environment there is not very bad, but very bad. The standard pricing of Windows95 is converted into nearly 2,000 yuan, even if the price of the Chinese version is greatly reduced, it is definitely not something that users over there can afford at this time, and the only thing Microsoft can open up is the enterprise-level market, which is where you can buy genuine systems without spending your own money.
Eric actually really wants to go back and see, but his identity is not as simple as Bill Gates and Warren Buffett, Bill Gates and Warren Buffett are just pure entrepreneurs, but Eric controls the largest media group in North America and has such a huge number of media channel resources.
After chatting with Bill Gates, although the two sides still maintained a polite attitude, they would not have much common language after all, and the two sides separated, Eric raised his arm, let Virginia hold him, and said: "Let's go, since Warren specially brought me here, I can't live up to his kindness, and it will definitely be beneficial to have more contact with these old men." ”
Virginia glanced at Chris, who was not far away with Emily talking enthusiastically with a middle-aged man with glasses, and smiled: "Okay, but you are definitely not as comfortable as Chris on this occasion." ”
"It's okay," Eric said with a smile, "I can talk to them about the movie." ”
"Huh. (To be continued.) )