Chapter 255 Investing in Apple
Since November last year (1975), Li Hualong has invested a lot of money in buying gold bars and going long New York gold.
As the international gold price continued to fall, Li Hualong lost a lot of money.
Although he lost money, Li Hualong was not distressed at all, as long as he increased his investment, he could make more money in the future.
In mid-August, when the international gold price was below US$110 per ounce, Li Hualong borrowed HK$2 billion from Hang Seng Bank to buy spot gold, plus the spot gold he had previously held, the market value of spot gold in his hands exceeded HK$4.5 billion, and the funds for long New York gold exceeded HK$2.5 billion.
Li Hualong felt that the international gold price should have bottomed out and would not continue to fall, so he increased the leverage ratio and leveraged $2 billion to go long New York gold.
If New York Gold continues to fall, and Li Hualong does not make up his position in time, dozens of accounts he invests in New York Gold will easily blow up.
By the end of August, the international gold price fell to $106.6 per ounce, a new low in more than two years.
That night, Li Hualong spent the night in Liu Minchen's bedroom, half a month ago, Liu Minchen left a son for Li Hualong, and Li Hualong named this son Li Shengyu.
After settling his son to sleep, Liu Minchen lay on the bed and snuggled in Li Hualong's arms.
"I read the newspaper today, and the price of gold has fallen a lot recently, and you have lost a lot of money, right?" Liu Minchen asked with a smile.
"It's a lot of money." Li Hualong smiled bitterly, "If it continues to fall, I will be in trouble." ”
"What are you going to do now?"
"What do you think I'm going to do?" Li Hualong asked rhetorically.
"Uh......" Liu Minchen pondered for a moment and smiled, "I don't think the price of gold will continue to fall, there will be a day of rebound, if you want to make more money, you can consider increasing investment." ”
"I didn't expect you to be bold." Li Hualong joked with a smile.
"I'm just talking. What to do, you make your own decisions. Liu Minchen smiled.
"We coincide, and I intend to invest more." Li Hualong smiled.
"What is the approximate debt ratio of your personal assets and the assets of your wholly-owned subsidiary?" Liu Minchen asked curiously.
"About twenty-five percent." Li Hualong replied.
"This debt ratio is not very high." Liu Minchen muttered.
"It's not high. I'm bullish on the stock market in the next few years, and as the stock price continues to rise, my debt ratio will fall. ”
"And how much money are you going to borrow to invest in gold?"
"Two billion Hong Kong dollars. This time, I am going to borrow money from a bank in the United States. ”
"The interest rate on loans from the Bank of America is lower?"
"That's right."
"Then you should borrow more money from the Bank of China." Liu Minchen suggested.
"When the market value of the listed companies in my hands rises sharply, I will borrow more dollars." Li Hualong smiled. Gently kissed Liu Minchen on the forehead, "I took a nap in the afternoon, and I'm not sleepy yet?" ”
"If you're sleepy, turn off the lights and go to sleep." Liu Minchen smiled.
"Hah!" Li Hualong dozed off, "I'm a little sleepy, I turned off the lights." ”
In the days that followed, Li Hualong invested more money in long New York gold, and as the international gold price rebounded sharply, he cashed out some of it. Huge profits were obtained.
After making money, Li Hualong did not repay the bank loan in advance, but injected the funds into several of his wholly-owned subsidiaries.
……
On September 1, Li Shengke was accompanied by his biological parents. Got on a flight to the United States.
When the plane was flying over the Pacific Ocean, Li Shengke turned his head to look at his parents, who were chatting for a long time, and asked with a smile: "Dad, Mom." I haven't heard from you that I'm going to spend a few days in the United States this time. ”
"It may take half a month, and Universal Pictures has several film shooting plans that I need to make a decision."
"There are already plans. Do you still need to make a decision? Li Shengke asked puzzled.
"There is a big difference between the operation of Hollywood studios such as Universal Pictures and Hong Kong's film companies, in Hong Kong, Huayi Brothers wants to make a movie, from the beginning of writing the script to the completion of filming, the shortest may only take two months, and the longest will not exceed one year, while in Hollywood, this will not happen, sometimes, a film from the shooting plan, to the release, it may take three or five years."
"The people of the United States are too inefficient."
"It's not about efficiency. It is very risky to invest in making a movie, don't look at Huayi Brothers, since its establishment, it has made money every year, and the number of movies made in Hollywood is less than the number of movies that make money. Li Hualong said with a smile, "Let's just say that "Jaws" director Spielberg is filming "The Third Kind of Contact", in 73, he had the idea of making a movie about UFO, looking for someone to write a screenplay, and planned to shoot it in a year, because "Jaws" was going to be filmed, the film was postponed. By the time Jaws was about to be released, the script for the UFO film had not yet been completed, and two editors were changed during the period, and eventually, Spielberg wrote the script himself. It was originally planned to be released this Christmas,
Li Hualong and Chen Sisi stayed in the United States for half a month this time, and after the opening of Harvard University, they did not leave the United States in a hurry, and came to Los Angeles for a few days to deal with some things of Universal Pictures.
During his stay in Los Angeles, Li Hualong found the applei that made his heart flutter, and he clearly remembered that Qiao's Apple Studios made the applei in a garage in 1976, and a year later, Applelei came out, and in 1980, Apple went public, and Qiao's gang became a billionaire.
Now that he saw Applei, Li Hualong decided to invest in Apple Studios immediately, and for this reason, he specially came to Joe's gang leader's home in Los Altos.
Li Hualong was not surprised to see Qiao's gang leader, and he was not surprised to see the simple assembly factory.
At first, Qiao thought that Li Hualong, an Asian American, was here to buy applei, and asked him if he wanted to buy applei, Li Hualong nodded yes, he remembered that in another 20 years, an applei could sell for hundreds of thousands of dollars at auction, and he decided to buy 30 units, planning to collect a few by himself, most of which were sent to his auction company for auction, and donated a few to the museum.
When he learned that Li Hualong wanted to buy 30 applei, Qiao was very happy and gave Li Hualong a wholesale price of $500 each.
"Have you ever thought about making Apple bigger and stronger?" Li Hualong asked with a smile.
"I've thought about it." Qiao Gang Leader glanced at Li Hualong a few times, and suddenly felt a little familiar, and said in surprise, "You are the boss of Universal Pictures?" ”
"Yes!" Li Hualong smiled, "I think in the future, computers will be like televisions, into thousands of households, if most families in the world have personal computers, then there will be an incomparably huge market." ”
That's a good word! "I believe that in the future, most families around the world will have personal computers." Mr. Li, in addition to buying applei, do you want to take a stake in our company? ”
"Is that okay?" Li Hualong asked rhetorically.
"Absolutely!" Gang Leader Qiao said excitedly, "How much are you going to invest?" ”
"Applei is so simple, I hope you can develop a second-generation computer." Li Hualong smiled, "If I invest $800,000, will you be able to develop and build more advanced computers?" ”
"Absolutely! Mr. Lee, you are so generous. "Sir, how many shares do you want?" ”
"Forty-five percent."
"No, forty-five percent is too much." Joe's gang leader refused, "Woz (Stephen?) Woznek is a genius who designs computers, and if you give us a sum of money, you want to give us a fulcrum, and we can lift the whole planet. Wads, do you say 45 percent is too much? ”
"It's too much." Stephen? Woznek nodded solemnly.
"Gentlemen, how much do you think is appropriate?" Li Hualong asked with a smile.
"Thirty percent." Gang Leader Joe said.
"No!" Li Hualong shook his head and said, "Although I am very optimistic about the development prospects of personal computers and your capabilities, 800,000 US dollars is not a small amount. If it fails, the money goes down the drain, and if it succeeds, I only get thirty percent of the shares, which is too little. ”
"Giving you a maximum of 30 percent of the shares, you can invest less." Qiao is very optimistic about the development prospects of Apple Computer and does not want to give up too many shares.
After some haggling, Li Hualong and Qiao reached an agreement that he invested $500,000 to acquire 30 percent of Apple Computer's shares.
A few days later, on September 15, a new "Apple Computer Co., Ltd." was incorporated, and Mr. Li did not directly own a stake in the company, but through an investment company called Softbank.
In another time and space, Softbank was founded by Japanese Koreans, the Chinese name is SoftBank Company, Li Hualong likes the Chinese name and English name of this company, and thinks that "SoftBank" and "Softbank" are very compatible, at this time, this company has not yet been established, he registered this company in advance, and he hopes that this company can become the world's most famous venture capital company in the future.
Perhaps because he knew that Qiao Gang Leader could lead Apple Computer Company to great success, Li Hualong did not participate in the management of this company after investing money in Apple, and did not even send a representative to this company.
After receiving a "large sum" of money, Joe and Woz settle down to develop the next generation of computers.
On the night Li Hualong returned to Hong Kong from the United States, Li Huawen came uninvited and came to Li Hualong's house for dinner. (To be continued......) i1292