Chapter 949: Heroine Candidate
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Unlike other minority shareholders who are dissatisfied with Eric's withholding of Firefly Group's profits to invest in stocks, Buffett's biggest concern is that Eric is doing this completely with a speculative mentality. Pen × fun × Pavilion www. biquge。 info
However, in the course of talking with Eric, Buffett gradually understood that Eric had a clear idea and a clear purpose for the operation of the Clover Fund.
While it wasn't clear where Eric's strong confidence in the investment would come from, he was sure that since Eric wasn't so blind as to lose his mind, he would have chosen to stop at the right time, rather than hold on to the last minute until the stock crash, as stock speculators with a gambler's mentality do.
Moreover, Eric's seemingly joking words are also very clear about this matter: if anyone is dissatisfied with the business strategy of the Firefly Group, the Firefly Group can buy back the shares in the hands of the other party at any time.
Even though all of Firefly's outside shareholders hold shares worth more than $26 billion, Buffett has no doubt that Eric has the ability to secure enough money to buy back Firefly shares.
According to the best 3A credit rating of Firefly Group and the current ultra-low debt ratio of less than 10% of the company's market value, Firefly Group can issue corporate bonds of up to $10 billion for stock repurchase at any time, and major banks in the United States and even the world are also very happy to provide huge loans to Firefly Group.
What's more, Wall Street, as long as it is a slightly more savvy investment manager, will only want to get more shares of the Firefly Group, and only a fool will make a move to sell.
In short, only those companies that are in very poor business or financial condition will be compromised by the majority shareholders or management under pressure such as the sale of shares by minority shareholders. The Firefly Group does not have any weakness in this regard, and Eric has 100% control over the Firefly Group, and can run the company as he wishes.
Buffett naturally knew this very well, and after talking to Eric, he completely gave up the idea of persuading Eric, and just transmitted some of his past experience to Eric like an elder.
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Unlike other minority shareholders who are dissatisfied with Eric's withholding of Firefly Group's profits to invest in stocks, Buffett's biggest concern is that Eric is doing this completely with a speculative mentality.
However, in the course of talking with Eric, Buffett gradually understood that Eric had a clear idea and a clear purpose for the operation of the Clover Fund.
While it wasn't clear where Eric's strong confidence in the investment would come from, he was sure that since Eric wasn't so blind as to lose his mind, he would have chosen to stop at the right time, rather than hold on to the last minute until the stock crash, as stock speculators with a gambler's mentality do.
Moreover, Eric's seemingly joking words are also very clear about this matter: if anyone is dissatisfied with the business strategy of the Firefly Group, the Firefly Group can buy back the shares in the hands of the other party at any time.
Even though all of Firefly's outside shareholders hold shares worth more than $26 billion, Buffett has no doubt that Eric has the ability to secure enough money to buy back Firefly shares.
According to the best 3A credit rating of Firefly Group and the current ultra-low debt ratio of less than 10% of the company's market value, Firefly Group can issue corporate bonds of up to $10 billion for stock repurchase at any time, and major banks in the United States and even the world are also very happy to provide huge loans to Firefly Group.
What's more, Wall Street, as long as it is a slightly more savvy investment manager, will only want to get more shares of the Firefly Group, and only a fool will make a move to sell.
In short, only those companies that are in very poor business or financial condition will be compromised by the majority shareholders or management under pressure such as the sale of shares by minority shareholders. The Firefly Group does not have any weakness in this regard, and Eric has 100% control over the Firefly Group, and can run the company as he wishes.
Buffett naturally knew this very well, and after talking to Eric, he completely gave up the idea of persuading Eric, and just transmitted some of his past experience to Eric like an elder.
Unlike other minority shareholders who are dissatisfied with Eric's withholding of Firefly Group's profits to invest in stocks, Buffett's biggest concern is that Eric is doing this completely with a speculative mentality.
However, in the course of talking with Eric, Buffett gradually understood that Eric had a clear idea and a clear purpose for the operation of the Clover Fund.
While it wasn't clear where Eric's strong confidence in the investment would come from, he was sure that since Eric wasn't so blind as to lose his mind, he would have chosen to stop at the right time, rather than hold on to the last minute until the stock crash, as stock speculators with a gambler's mentality do.
Moreover, Eric's seemingly joking words are also very clear about this matter: if anyone is dissatisfied with the business strategy of the Firefly Group, the Firefly Group can buy back the shares in the hands of the other party at any time.
Even though all of Firefly's outside shareholders hold shares worth more than $26 billion, Buffett has no doubt that Eric has the ability to secure enough money to buy back Firefly shares.
According to the best 3A credit rating of Firefly Group and the current ultra-low debt ratio of less than 10% of the company's market value, Firefly Group can issue corporate bonds of up to $10 billion for stock repurchase at any time, and major banks in the United States and even the world are also very happy to provide huge loans to Firefly Group.
What's more, Wall Street, as long as it is a slightly more savvy investment manager, will only want to get more shares of the Firefly Group, and only a fool will make a move to sell.
In short, only those companies that are in very poor business or financial condition will be compromised by the majority shareholders or management under pressure such as the sale of shares by minority shareholders. The Firefly Group does not have any weakness in this regard, and Eric has 100% control over the Firefly Group, and can run the company as he wishes.
Buffett naturally knew this very well, and after talking to Eric, he completely gave up the idea of persuading Eric, and just transmitted some of his past experience to Eric like an elder.
Unlike other minority shareholders who are dissatisfied with Eric's withholding of Firefly Group's profits to invest in stocks, Buffett's biggest concern is that Eric is doing this completely with a speculative mentality.
However, in the course of talking with Eric, Buffett gradually understood that Eric had a clear idea and a clear purpose for the operation of the Clover Fund.
While it wasn't clear where Eric's strong confidence in the investment would come from, he was sure that since Eric wasn't so blind as to lose his mind, he would have chosen to stop at the right time, rather than hold on to the last minute until the stock crash, as stock speculators with a gambler's mentality do.
Moreover, Eric's seemingly joking words are also very clear about this matter: if anyone is dissatisfied with the business strategy of the Firefly Group, the Firefly Group can buy back the shares in the hands of the other party at any time.
Even though all of Firefly's outside shareholders hold shares worth more than $26 billion, Buffett has no doubt that Eric has the ability to secure enough money to buy back Firefly shares.
According to the best 3A credit rating of Firefly Group and the current ultra-low debt ratio of less than 10% of the company's market value, Firefly Group can issue corporate bonds of up to $10 billion for stock repurchase at any time, and major banks in the United States and even the world are also very happy to provide huge loans to Firefly Group.
What's more, Wall Street, as long as it is a slightly more savvy investment manager, will only want to get more shares of the Firefly Group, and only a fool will make a move to sell.
In short, only those companies that are in very poor business or financial condition will be compromised by the majority shareholders or management under pressure such as the sale of shares by minority shareholders. The Firefly Group does not have any weakness in this regard, and Eric has 100% control over the Firefly Group, and can run the company as he wishes.
Buffett naturally knew this very well, and after talking to Eric, he completely gave up the idea of persuading Eric, and just transmitted some of his past experience to Eric like an elder.
Unlike other minority shareholders who are dissatisfied with Eric's withholding of Firefly Group's profits to invest in stocks, Buffett's biggest concern is that Eric is doing this completely with a speculative mentality.
However, in the course of talking with Eric, Buffett gradually understood that Eric had a clear idea and a clear purpose for the operation of the Clover Fund.
While it wasn't clear where Eric's strong confidence in the investment would come from, he was sure that since Eric wasn't so blind as to lose his mind, he would have chosen to stop at the right time, rather than hold on to the last minute until the stock crash, as stock speculators with a gambler's mentality do.
Moreover, Eric's seemingly joking words are also very clear about this matter: if anyone is dissatisfied with the business strategy of the Firefly Group, the Firefly Group can buy back the shares in the hands of the other party at any time.
Even though all of Firefly's outside shareholders hold shares worth more than $26 billion, Buffett has no doubt that Eric has the ability to secure enough money to buy back Firefly shares.
According to the best 3A credit rating of Firefly Group and the current ultra-low debt ratio of less than 10% of the company's market value, Firefly Group can issue corporate bonds of up to $10 billion for stock repurchase at any time, and major banks in the United States and even the world are also very happy to provide huge loans to Firefly Group.
What's more, Wall Street, as long as it is a slightly more savvy investment manager, will only want to get more shares of the Firefly Group, and only a fool will make a move to sell.
In short, only those companies that are in very poor business or financial condition will be compromised by the majority shareholders or management under pressure such as the sale of shares by minority shareholders. The Firefly Group does not have any weakness in this regard, and Eric has 100% control over the Firefly Group, and can run the company as he wishes.
Buffett naturally knew this very well, and after talking to Eric, he completely gave up the idea of persuading Eric, and just transmitted some of his past experience to Eric like an elder.
Unlike other minority shareholders who are dissatisfied with Eric's withholding of Firefly Group's profits to invest in stocks, Buffett's biggest concern is that Eric is doing this completely with a speculative mentality.
However, in the course of talking with Eric, Buffett gradually understood that Eric had a clear idea and a clear purpose for the operation of the Clover Fund.
While it wasn't clear where Eric's strong confidence in the investment would come from, he was sure that since Eric wasn't so blind as to lose his mind, he would have chosen to stop at the right time, rather than hold on to the last minute until the stock crash, as stock speculators with a gambler's mentality do.
Moreover, Eric's seemingly joking words are also very clear about this matter: if anyone is dissatisfied with the business strategy of the Firefly Group, the Firefly Group can buy back the shares in the hands of the other party at any time.
Even though all of Firefly's outside shareholders hold shares worth more than $26 billion, Buffett has no doubt that Eric has the ability to secure enough money to buy back Firefly shares.
According to the best 3A credit rating of Firefly Group and the current ultra-low debt ratio of less than 10% of the company's market value, Firefly Group can issue corporate bonds of up to $10 billion for stock repurchase at any time, and major banks in the United States and even the world are also very happy to provide huge loans to Firefly Group.
What's more, Wall Street, as long as it is a slightly more savvy investment manager, will only want to get more shares of the Firefly Group, and only a fool will make a move to sell.
In short, only those companies that are in very poor business or financial condition will be compromised by the majority shareholders or management under pressure such as the sale of shares by minority shareholders. The Firefly Group does not have any weakness in this regard, and Eric has 100% control over the Firefly Group, and can run the company as he wishes.
Buffett naturally knew this very well, and after talking to Eric, he completely gave up the idea of persuading Eric, and just transmitted some of his past experience to Eric like an elder. (To be continued.) )