Chapter 42: Arriving at Gao Cheng's house
Although, knowing that the Gao Cheng family is very big, after coming to the Gao Cheng family, everyone feels that it is still beyond imagination. Pen? Interesting? Pavilion wWw. biquge。 info
Not only are there many garages, but there are also large squares, gardens, ornamental fountains and rows of pine forests - the visual area is almost 10,000 square meters, right?!
According to common sense, it is more cost-effective to develop such a large area of urban land into commercial land. Even if it is developed into a residential area, it should be developed into a community.
However, the inhumanity of Gaocheng's moat, such a large piece of land is only used as a private residence.
The original servants and staff of Gao Cheng's family were only more than ten people. However, dozens of Soichiro Takajo's men dragged their families to take refuge, and hundreds of survivors were arranged, as well as experts who maintained a nearby hydroelectric power station, who also lived in Soichiro's home.
Visually, more than 500 evacuees from the Gaocheng family have taken refuge in the Gaocheng family, but they can still be arranged.
The crowd parked the heavy truck in the square, because there was no way to stop the big truck in the garage. The Takajo family was particularly welcoming, and arranged guest rooms for everyone.
Although, it is not possible to do a single room. However, it is still possible to have a room for two people.
After entering the Takajo house, everyone felt the peace they had not seen for a long time!
Of course, this peace is nothing but hypocrisy!
In fact, it is only the dead body that is isolated outside, and then the dead body breaks through the barrier, and sooner or later...... This will also be a battlefield for fighting the dead!
"Hey, Saya-chan, what the hell is your business? Not counting the house, just such a large piece of land must be worth hundreds of millions of dollars, right? Li Feng couldn't help but ask curiously.
"Humph! It's not that I've already said it, my mom is a master of investing! Saya Takashiro said proudly, "This is the money my mother earned to buy it back!" After all...... This is the inheritance left by the ancestors more than 100 years ago, but it was lost for a time when the family fell into the middle of the road. However, relying on her mother's earning power, she finally bought it back. ”
"Awesome!" Wang Tianxing couldn't help but nod again and again, he knew that it was no wonder that Saya Takashihiro's mother ignored the high-paying positions on Wall Street. In fact, she has already passed the stage of earning a salary, investing her own principal, and her annual income may have exceeded a lifetime's high salary. And although Wang Tianxing is also a financial genius, in fact, the funds he has mastered are not as good as a fraction of Yuriko Takashiro.
Of course, in terms of annualized rate of return, Yuriko Takasei is estimated to be only 20%, which belongs to the industry elite. However, Wang Tianxing's annualized rate of return is often doubled. Despite this, the boy still looked up to the senior mountain. If the world does not fall into collapse, Yuriko Takashiro is expected to become the female version of Buffett. After all, she has accumulated enough capital, and she only needs to continue to maintain a growth rate of 20% every year and live as long as Buffett, so she can be like Buffett.
Of course, if the principal of ordinary people is relatively small, even if it is similar to Buffett's income, they may not be able to become the stock god who is looked up to. For example, Warren Buffett's brother, Walter Schloss, and Ben Buffett founded his own fund around the same time.
However, Schloss's principal was too small, and he invested $5,000 himself, leaving the rest of the partners (all old Graham & Co. clients, who Schloss invested in after becoming independent) to contribute $5,000 each, initially only $100,000.
In his 50-year investment career, Schloss has outperformed the market every year, and then, as much as possible, he has distributed profits as much as possible. And, never accept new investors. Therefore, this extremely conservative and never risk-taking figure is hailed by Warren Buffett as the greatest investor on Wall Street.
However, the partnership of such a great investor worked until the beginning of the 21st century, and all the money was returned to the partner or the successor of the partner's property, and the final cash was as high as $140 million. Add to that the funds from the dividends over the years, and the fact that he will withdraw 20% of his profits as performance fees, in fact, Schloss's snowball should have rolled to more than $200 million. He lived the same life, and the yield was not inferior to Buffett's, however, because of the difference in principal at the beginning, it would never reach the same height as Buffett.
Why? Because, Warren Buffett is a rich second generation, and when he comes to Graham's company, the main thing is to learn from experience. In fact, his principal and his connections are not at all comparable to the ** silk poor people like Schloss.
Schloss, on the other hand, is a wage earner, even though he is in the war industry, and he is the most Graham employee of all Graham's employees.
However, even Graham didn't take Schloss seriously, just if he was a very talented, very ordinary, mediocre employee who couldn't make mistakes and didn't have any miracles.
In fact, Schloss's investment career has not made mistakes for decades, and he regards not losing money as the golden rule, and in the end, conservative investment may make him profitable and proud of Wall Street.
Schloss did not open an insurance company, and used the customer's insurance premium as a floating deposit for investment to leverage his own funds. However, it is not much different from the annualized rate of return of Warren Buffett, who uses the huge floating funds of insurance companies to increase leverage. In essence, it shows that if you don't increase leverage, Buffett is not as good as Schloss.
You must know that when Warren Buffett decided to start a business with Schloss, even though he was very optimistic about Schloss's ability, he did not lend a helping hand, and he did not even invest 5,000 to become a partner of Schloss. Then, he hypocritically said that he was worried that Schloss would be able to support himself even if he made such a small amount of principal.
Later, of course, when Schloss had proven himself capable and was being recruited by Wall Street. Warren Buffett also continued to recruit, and was even willing to pay hundreds of millions of dollars in salary to invite him to join, however, Schloss indifferently refused to recruit. After all, Schloss is used to hanging silk, and even though countless people have asked to become his partner, however, he has always refused.
"Finance, after all, is only about distributing wealth, not creating real wealth. Not to mention entering the apocalypse, even if it is a war or a change of regime, it can make these paper wealth worthless! Long Xiaoguang stroked his glasses and said, "Only hard power, such as productivity, violence, and leading technology, is real!" ”
Wang Tianxing couldn't help but be silent, and said with a smile: "If it was before, I would have turned my face with you." Now, I agree with you. ”
Biomedical technology is advanced to a certain extent, and it can destroy the world.
Artificial intelligence technology, to destroy the world, also seems to be easy.
The time-travel technology mastered by the Light of Hope Foundation is an absolute power......
Absolute power can truly change the world, whether it is for the benefit of the world or the destruction of the world.
"If you want to pursue absolute power, you should work hard and complete this mission!" Li Feng said on the side.