Chapter 28 Investing in Apple (Anti-Piracy)
At first, Zhou You didn't understand why Apple's stock could rise from a few dollars a share to more than a thousand dollars a share. Pen Fun Pavilion www.biquge.info (Apple's stock split twice before the new century, both of which were split in two.) After the new century, there were two more splits, one in 2005 and one in 2014. )
Last year, Apple's stock price fell to less than $7 and its market value was less than $5 billion, and it is now worth less than $10 billion. But at the time of its rebirth, Apple's market capitalization reached $600 billion.
In other words, according to the current stock price, Zhou You only needs to invest one billion dollars, and it can become more than 60 billion dollars in more than ten years.
But if you really understand the U.S. capital markets, you'll find that these are only theoretical, because Apple has so few outstanding shares that you can't buy that many shares.
More than 97 percent of Apple's shares are held by large companies and large investment institutions, and less than 3 percent are actually circulating in the market.
Even if there are some Apple shares in circulation that occasionally appear on the market, you can't buy them through the window, because it's all a trick of investment companies, and they themselves set strict conditions for these stocks to change hands with each other. Others just have money and can't buy these stocks because they don't qualify.
The purpose of this is to cause Apple's stock to be sought after, and the price has soared, but in fact, only the three percent have been in circulation. Occasionally, a little more, and it won't exceed five percent.
Therefore, if you want to buy Apple stocks, you can only contact those investment institutions and buy stocks from them.
Apple's several stock splits are aimed at causing the par value of the stock to decline, so as to facilitate the continued appreciation of the stock, and on the other hand, to increase circulation, which is also a wrestle between Apple and large institutions.
Zhou You has been following Apple's stock for more than three years, but there are signs that if you want to buy a large number of Apple shares, you can only negotiate with fund companies and investment institutions. Because Apple's own current stock holdings are already in a dangerous situation, it is impossible to sell the shares in their hands again.
This summer, after the subscription meeting, Zhou You had a large amount of money in his hands and set up his own Nanyang Investment Company, and he has been entrusting the investment department of UBS to help him contact Apple stocks.
Since Apple's stock really soared after 2004, Zhou You is not in a hurry, and he doesn't want to be slaughtered by those fund companies because he is in a hurry.
In the middle of this, the most delayed time is not the negotiation, but the approval of investment qualifications.
The United States has always claimed to be a free country, but what is it? Very closed! Many companies, many markets, it seems that he is generous enough to let you in, but all this is just an illusion.
There are hundreds of millions of shares of Apple's stock, and if you buy a few shares, or even a few thousand shares, they won't care about you, but if you want to buy more, you need to go through a qualification review.
It's still Apple, and it's like IBM, it's like Rocket, it's like Texas Instruments, it's like an arms company, and their stocks, you don't even have to think about them, because you won't be allowed to hold a large number of shares by a foreigner at all.
Saudi Prince Alwaleed, known as Warren Buffett of the Middle East, is the largest individual investor for foreigners in the United States, but he also can't enter those sensitive types of companies, and can only invest in large companies like banks and Coca-Cola, and he doesn't have much voting power.
In October, the approval of Zhou You's qualifications was finally approved. But at that time, because he was busy with Colombian investment, Zhou You did not rush to come over to negotiate, and now he has a period of free time while taking advantage of the domestic enterprises to inspect everywhere.
At present, the total number of shares of Apple is about 370 million shares, and Zhou You's goal is to acquire about 5 percent, for which he has prepared $450 million.
This will be the largest investment of Zhou You, and at the same time, it will also be the largest asset after Zhou You, because in ten years, this asset will be a huge wealth of nearly 30 billion US dollars.
As for Google, due to the huge pressure from the US government, Zhouyou's 10% stake must be diluted, and according to the recommendation of the U.S. Business Council, when Google goes public, Zhouyou's stake must be controlled within 5%.
According to the memory of the previous life, Google's stock index caught up with Apple for a short time, and then it was still not as good as Apple, so the value of Google's part is still not as high as here.
However, Google's investment cost only $30 million, while Apple's stock is more than $400 million, so it's hard to say which of the two is more cost-effective.
Because money has lost its practical meaning for the current travel, it has just become a number. Whether it is 30 million or 400 million, it will have the slightest impact on the quality of life of the trip.
During his four-day trip to New York, he signed stock transfer agreements with six institutions in the presence of the US Securities and Exchange Commission, costing a total of $420 million and four attorneys' fees totaling $11 million.
Zhou You was also able to become Apple's largest individual shareholder and the fifth largest shareholder. Of the shares purchased, 2.74 percent were voting shares, which made Zhou You a member of Apple's board of directors in one fell swoop.
However, he does not enjoy these rights for the time being, and will have to wait until the following year to enjoy them. At the same time, he also filed with the U.S. commercial risk control agency, giving up some of his veto and suggestion rights.
For example, he cannot use the rights of his major shareholders to influence Apple's technology output, and in the course of Apple's operation, he cannot use the rights of his major shareholders to influence investment decisions in Singapore and mainland China.
There are more than 20 clauses in it, all of which Zhou You must sign to give up, otherwise, he can't hold these shares at all.
Moreover, he must hold the shares for more than five years, and after this period, in order to sell them, he must follow the procedures approved by the US business watchdog and Apple Corporation.
Otherwise, if Zhou You lists all 5 percent of the stock at once, I am afraid that Apple's stock price will be reduced by at least 10 percent at once. If he does so at some critical moment, such as the financial crisis, he will knock Apple's stock price into the abyss.
It was also in this process that Zhou You learned that there were so many restrictions and so many doorways in the original stocks, which was a link that a small shareholder could not touch at all.
On November 15, after the contract was signed, the American media revealed the bombshell news, and Zhou You once again became famous in the United States, including the world.
But at this time, the media can't find Zhou Around. He didn't fly his own plane when he came to the United States this time, and if he left New York, he should have taken a flight. However, in the airline's records, there is no information about the trip.
The media searched almost all of New York, but Zhou You took a private jet sent by Barron Sr. to San Jose Airport in the southern part of San Francisco Bay, and made a low-key trip to Apple's headquarters in Cupertino.
As a major shareholder of Apple, it stands to reason that he should come to Apple's headquarters to have a serious communication with the management and explain his idea of investing in Apple.
He also met Steve Jobs, who was known as the leader of the church, and had an open and honest meeting with him. Zhou You carefully explained his optimism about Apple, and the idea that he wants to hold Apple for a long time when he invests in Apple.
Of course, the most important point is the support for Jobs. Without him, Apple would never have been reborn from the ashes, you know, just three years ago, Apple almost went bankrupt.
Jobs was also very happy to get the promise of traveling, because Apple's stake is very dispersed, and although he is now in power, he is still very constrained. It wasn't until five years later that the Apple quadruple phone was released, and at that time Jobs really controlled the board, but by then, he was also dying.
Zhou You knew that his internal force had a therapeutic effect on diseases, but he didn't think of using it for Jobs. Except for himself, Zhou You didn't want to affect too many changes in the outside world, because it would make his prophet unknown, which is something more important than money.
After leaving Apple, I traveled to Google in Mountain View. The current Google has shown that they are aggressive in the market, although Yahoo still presses Google in all aspects, but Google, which is backed by the US government, is not something that Yahoo can suppress.
However, Google has not yet shown their domineering, and Google still has a long way to go if it wants to truly surpass Yahoo.
Because Zhouyou holds the priority of Google's financing, Zhouyou was able to maintain 10% of his shares in Google's third round of financing. Although his shares will be forced to compress when Google goes public, at that time, the price will at least several times.
After pouring another $50 million into Google, Zhou You, who still retains a 10 percent stake, had an all-night conversation with the two founders, who are not far apart in age, and this time left San Francisco for Los Angeles.
At present, the filming of Pirates of the Caribbean is coming to an end, and the main task of the crew is to make up some shots, and for this reason, Paris has not been able to leave the crew.
Although not long ago, Paris had just left Spain with a weak body from being served by the travelers, but during this period of time, her accumulated lust had to explode again.
Zhou You was also very considerate and accompanied her in Los Angeles for two days, and on the first day, the two of them almost didn't get out of bed, and they sowed seeds in her body vigorously. rested for one night, and the next day accompanied her to the crew for a day of filming, invited the big stars of the crew to have a party together, and then left the United States and returned to Colombia.
(To be continued.) )