Chapter 8: First Arrival in Tokyo
There is no good market, Tang Bao is also idle, and he goes into the company's office every day, and stays for a day, and the company is all taken care of by Horst.
on this.
Horst still wondered in his heart, didn't he assist the boss in managing the company, how could he be fully responsible, but he was very happy.
Shorting oil futures made Phoenix Investment Group full at one time, and it suddenly had more than 300 million funds. The stock investment department made a series of moves to acquire a large number of company shares from the market, and in just one week, increased the equity of five listed companies to more than 5%. The futures investment department was not idle, and Horst saw that oil prices were still slowly falling, so he entered the market again, but he did not invest much, only using five million dollars and using five times the leverage.
He didn't have Tang Bao's guts.
Besides, Horst remembered that Tang Bao had mentioned that oil prices were about to bottom out, so he was more cautious. Fortunately, there was no loss, but a small profit.
"Come in!"
There was a knock on the door, and Tang Bao shouted without raising his head. Now that it's September, he is preparing materials to apply to Columbia University, because he is applying for the Department of Architecture, and he needs to submit two works, which is not Tang Bao has been busy preparing architectural drawings recently.
"Horst, is there something wrong?"
Tang Bao put down the pencil in his hand and raised his head and asked.
"Yes, boss. Relying on crude oil futures, we have a large amount of money at our disposal! However, the current investment is concentrated in the stock and futures markets, and stocks and futures are both high-risk areas, so I think the company should diversify its investment and invest part of its funds in relatively low-risk bonds to reduce the company's operating risk. Horst said.
"Okay."
Tang Bao said with a smile.
Everyone understands that eggs can't be put in one basket. It is very important for a company to function properly and continue to be profitable. Sustained profitability requires investment in multiple fields, rational allocation of investment funds, diversification of investment risks, and enhancement of anti-risk capabilities!
Investing in bonds is indeed a good option.
Phoenix Investment Group will eventually operate independently, and Horst does not have Tang Bao's prescient advantage, so it is impossible to seize the opportunity to avoid crises again and again, and it is normal to allocate a certain proportion of bonds with relatively low returns but very safe, and Tang Bao is also very supportive.
"You shouldn't invest too much in bonds, otherwise it will pull down the company's profits." Tang Bao was afraid that Horst would be too cautious, so he specially reminded him.
"Okay, okay."
Horst hurriedly replied, he thought that Tang Bao had seen the windfall profits in the futures market, and he disdained to invest in bonds with low returns.
"Tell me carefully, what stocks have the stock investment department invested in recently?" Tang Bao asked.
At present, it has held the shares of 37 listed companies, and the largest holdings are the stocks of four companies such as Coca-Cola, McDonald's, Wal-Mart, and Wang An Computer, and it has also invested in the stocks of five pharmaceutical research and development companies. Well, I think the U.S. real estate market still has a lot of room to rise, so I invested a lot. Horst gave a detailed introduction to the investment allocation of the stock investment department, and the reason why it was so clear was because most of the investments were finalized by him, and he felt that the stocks he chose performed very well.
"Oh? Did you buy Microsoft stock too? "Tang Bao is interested.
"Yes."
Horst replied, the word "also" made him very puzzled, but suddenly remembered that he saw the information of the major shareholder disclosed by Microsoft, it seems that the name of the third largest shareholder is called "Tang Bao", hey, isn't this the name of the boss, instantly, Horst's eyes widened in surprise, and he muttered, "Boss, should you be the third largest individual shareholder of Microsoft." β
"Well, yes, is there anything surprising that I'm a shareholder of Microsoft?" Tang Bao pretended to be calm and said.
ββ¦β¦β
Horst was justifiably surprised that he had noticed Microsoft before he joined the Phoenix Investment Group, and that he had discovered it as soon as Tang Bao became the third largest shareholder. It's been almost three months now, and the price of Microsoft's stock has risen from $50 to more than $100 in three times, which means that the value of Tang Bao's purchase of Microsoft's stock has returned more than 100% on the books.
Thereupon.
Seeing Tang Bao's ability to make money, Horst kept his mind and planned to increase his holdings of Microsoft shares, and even planned to buy some Microsoft shares himself after he returned.
"At present, we lock in 37 stocks, with a total of 20 million US dollars, in order to reduce investment costs, the speed of absorption is very slow, and it is expected that in two months, stock assets will reach 60 million US dollars." Horst carefully explained the investment situation.
"Well, thirty-seven stocks, can you keep it busy? I think there were only a dozen people in the stock investment department, and on average, no one was in charge of three stocks. Tang Bao asked, secretly sighing that Horst was really cautious enough, with a capital of 20 million US dollars, he actually bought the shares of thirty-seven companies.
"It's a bit busy. Therefore, when the new bond investment department was set up this time, I asked the boss for permission to recruit a few more employees for the stock investment department. Horst said.
"Yes, you can do it yourself."
Tang Bao said with a smile, he didn't care too much about ordinary personnel issues. Horst's equity portfolio, which spans five sectors: consumer goods, healthcare, real estate, technology and oil, is not too much of a problem except that it is too diversified and difficult to regulate.
"Also, Wang An's computer shares should still be held cautiously, this year Wang An handed over the company to his son, whether the other party has the ability to lead Wang An Computer Company remains to be discussed." Tang Bao couldn't help but give Horst a wake-up call, remembering that Wang An's computer company declined rapidly because of Wang An's handing over the leadership of the company to his son, and a giant that could have frightened IBM went down so quickly and eventually went bankrupt.
A big reason for the bankruptcy of Wang An Computer Company is the issue of succession. It was understandable to let his son inherit the company, but his son was really uncompromising, and made the company into a miasma, forcing the three pillars of Wang An's laboratory, Kaubrau, Sgal, and Kaulko to leave one after another, and the company continued to lose money, causing the stock price to plummet.
Now.
Buying the stock of Wang An Computer is equivalent to throwing money into the water!
"Ah, boss, are you not optimistic about the prospects of Wang An's computer?" Horst whispered tentatively.
"Hey, more precisely, I am not optimistic about Wang An's son Wang Lie, I heard that when he was appointed president, many shareholders were opposed, Wang Lie was arranged to study in various departments of the company after graduating from university, and he has not been recognized for so long, thinking that he can sit back and relax with the support of Lao Tzu as president?" Tang Bao said with a light smile. "By the way, I'm going on a long trip tomorrow, and I'll leave everything in the company to you."
If Wang An Computer looks for a professional manager to succeed him, there may be a different ending.
Pity......
And that's just if.
Tang Bao could only wait and see silently, and he couldn't change the ending. He will not be naΓ―ve to think that he can change Wang An's obsession of "son inheriting father's business" on his own.
Alas~
A long sigh echoed in the air for a long time.
β¦β¦
Four o'clock in the afternoon.
A teenager of about sixteen or seventeen years old walked out of Tokyo International Airport alone with a travel bag on his back.
"Whew."
Looking around, Tang Bao couldn't help but start to compare with the familiar Tokyo in his mind, there is still a small difference between the current Tokyo and the future generations, and also, how can the Tokyo of the 80s be compared with the future generations. Thinking crankily in my heart, I followed the signs to find a taxi.