Chapter 63: One Pot End

The wide Charles River flows through downtown Boston, bringing a touch of turquoise blue to the city and making it always cooler in the summers than other cities. But in a private apartment outside the Massachusetts Institute of Technology www.biquge.info the temperature was high, and the electric fan was speeding up to cool the entire living room, but it was in vain, including Qian Xueyu, who was writing, and a room full of people was sweating.

"I think that's it!" After Qian Xueyu finished writing the last word, he showed the petition to Wu Xuelin and Bei Jiyao around him, and after reading it, they passed it to Gu Guangfu, then Jin Xiwu, and then Zhong Langxuan, and when these older students finished reading it, they passed it to Li Yaozi, Liang Shoupan, Cao Youcheng, Cheng Jiayuan, Zhang Rumei, Shen Yunqian, and ...... - under the influence of Li Kongrong's complaint, the Chinese students at MIT could not sit still, and they wrote a petition asking the Navy to establish China's first aero-engine factory.

Everyone read the petition, and everyone had no objection to the content on it, but Gu Guangfu had some concerns, and he said: "If the navy really agrees, then how can Professor Wang explain it?" ”

Professor Wang is Professor Wang Shoujing, the current head of the Central Machinery Factory, who was bent on importing the Wright Plant's aero engines from the United States last year, but gave up because the Domestic Aviation Committee did not agree. Aero engines can not be turned to automobile engines, steam turbines, generators, etc., but Wang Shou, who did not want to return empty-handed in Baoshan, still recruited six Chinese students at the Massachusetts Institute of Technology, Gu Guangfu was one of them, and then Qian Xueyu, Wu Xuelin, Bei Jiyao, Jin Xiwu, and Zhong Langxuan.

"We learned about airplanes, can we build cars when we go back?" Qian Xueyu is the most active, although Professor Wang is good to everyone, but since the Navy intends to develop aircraft, he can only be sorry. In fact, the news he heard from Columbia University missed two words -- helicopter, only the two words of the plane behind, which made Li Kongrong's complaint become: 'Now the Navy wants to develop and produce an airplane, but no foreign students can help, so they can only recruit foreigners in the United States......

"Then which of us is going to see Colonel Lee in New York?" Bei Jiyao glanced at more than a dozen sweaty classmates, and found that all of them were clumsy in words, and he was worried that if he didn't say anything, he would mess up. "What kind of person is this Colonel Lee?"

"Not to mention what Colonel Lee is like, does the Navy have the money to run an engine factory?" Zhong Langxuan was more skeptical from the moment he heard that the Navy wanted to develop an aircraft, "The Aero Engine Factory is also to be run by the Aviation Committee, didn't they agree last time." Everyone has no opinion on the Navy's steam turbines, but now we have to build an aero engine factory......"

Among the dozen or so people, Qian Xueyu was the most eager, and a phone call summoned everyone, and the draft of the petition had been written, and now only some revisions were made, but all the basis was only a complaint from Colonel Li.

"Either way, we can't be half-hearted." Qian Xueyu was a little unhappy when he saw that everyone began to wonder. To put it very practically, if you don't go to an aero engine factory in China, then you will be unemployed after graduation. Indeed, as Li Kongrong said, there are too many people studying aeronautical engineering in China, including the United States, Italy, and the United Kingdom, plus those who have not yet graduated, there are at least 20 or 30 people, and these people all want to serve the country by aviation, but there is no place for them at all.

"You guys......" The door on the inside of the room suddenly opened, and Lin Shimo, who lived here with Li Yaozi and Liang Shoupan, poked his head out. He had been in the lab until two o'clock last night, sleeping in the morning, and then he was woken up by them. "Don't go to New York to see Colonel Lee, he'll be in Boston in two or three days."

Li Yaozi's younger sisters studied abroad, and they are the eldest sons, although they have two grants, they still choose to live in a private apartment for five dollars a week, although Lin Shimo is a Guangdong public expense, but he has to save money to get married, and he also lives outside, and Liang Shoupan, who goes abroad at his own expense, wants to save money. Li Yaozi and Liang Shoupan are world friends, and Lin Shimo is because they are both studying for a doctorate under Professor Draper, but one of them is learning engines and the other is learning navigation. Of course, most of the people in the living room, including the entire living room, graduated from National Chiao Tung University, but some are from the Department of Electrical Engineering and some are from the Department of Mechanical Engineering.

"What do you mean by that?" Seeing that Lin Shimo said that Li Kongrong would come to Boston, and all the people came to see it, Li Yaozi was very surprised.

"Didn't you ask me why I suddenly became rich?" Lin Shimo knew that as soon as Li Kongrong came, his relationship with the navy would definitely not be hidden, so he told the truth in front of everyone. "Let me tell you the truth, I was absorbed by the Navy at the end of last year, and the Navy now pays me a salary, not much, and I don't dare to ask for more, just like your salary as an Air Force captain, a hundred dollars a month."

"Ahh Li Yaozi shrugged, and Qian Xueyu whistled, "Why didn't you say it earlier!" They quickly pulled Linser into a chair and sat down, and began to get to the bottom of it.

"The Navy has rules, don't let me say it." Lin Shimo said seriously. "Colonel Lee will be coming to Boston in a few days, probably to inquire about the progress of my research. We've already passed letters before, and his last letter says that a lot of things are not clear on paper, and that he wants to meet me once and finish the project as soon as possible. The Navy is rich. The Navy has set up a research institute in Switzerland, which has an aero-engine research laboratory, and asked me to pay attention to the talents in this area, but you have either agreed with Professor Wang, or you have the rank of Air Force, how can I speak. ”

"Then there is hope for our affairs?!" Qian Xueyu looked at Lin Shimo and laughed so hard that his mouth cracked to his ears.

"I don't know." Lin Shimo couldn't deny it, "But I will definitely recommend it very much." ”

"Good!" Qian Xueyu took the lead and suddenly applauded, and more than a dozen young people also applauded, with a shouting whistle in the middle. "Since Brother Shimo has been getting the salary of the Navy for a long time, then you will invite you to lunch today, everyone said okay?"

"Good!!" The shouts in the apartment were even louder, and Lin Shimo was dragged out by them with a bitter face.

Li Kongrong didn't know that a group of students in Boston who had no way to serve the country were waiting for him, and he was very satisfied with the two groups of people Stern had found, and of course even more satisfied with the investment brokers. If he hadn't read the biography of Warren Buffett, he wouldn't have known who the person introduced by Stern, but he had read the biography of Warren Buffett and knew that the person standing in front of him was his teacher, Graham, who was later known as the "Godfather of Chinatown", and he really didn't expect that he was also Jewish.

"Mr. Graham, I wonder how much money you make on Wall Street without being envied?" Lee asked a question that surprised Graham, and he thought he would ask what the ROI was.

"I don't understand your question, Mister Lee." Graham was already teaching at Columbia University by this time, and the losses caused by the Great Depression and Graham Newman had been remedied. The company manages more than $3 million in investor funds. "If you're referring to being maliciously sniped, I don't think you have to worry about that, the United States is a country governed by law, and if you make a billion dollars legally, what everyone cares about most is your investment method."

"Is that really the case?" Li Kongrong asked with a smile, he believed a little and didn't. "Well, let's not discuss that. What I want to know is, how sensitive is the US stock market to the situation in Europe? If there is a war in Europe, how much volatility will the stock market have? How much can I get in return if I invest $5 million? ”

"Mister Lee, if there is a real war in Europe, I think the gains from investing in military stocks will exceed 10 million dollars in a year." Graham replied cautiously, "We need to do some hedging to minimize the risk of the investment, which will reduce the return on the investment, but it is necessary." ”

"No, you don't need to!" Li Kongrong knows that hedging will reduce the risk, but for him everything is certain, and there is no need to spend some money to hedge. "All the information we get is accurate, and if so, how much can we gain in the stock market?"

Glancing at Li Kongrong in surprise, Graham thought for a moment before saying, "If the information I know is accurate, then I think the income I can get is more than fifteen million dollars." Mister Lee, I don't think it's possible, we have to know the situation in Europe in great detail in order to make an accurate investment......"

"It's not something you're worried about." Li Kongrong interrupted him, "Our investment model is that I am responsible for providing intelligence, accurate intelligence on the situation in Europe, and you are responsible for analyzing how this information will affect the stock market, and what our money should invest to get the most returns." Do you see what I mean, Mr. Graham? ”

"Of course, I understand it very well!" Graham nodded, "Sir, I still hope you will be more cautious. ”

"I'll be very cautious." Li Kongrong said with a smile. "Let's talk about dividends, your Graham......"

Li Kongrong couldn't remember what his full name was, Graham added: "Graham Newman Company." ”

"Yes, Graham Newman," Li Kongrong nodded, "Let's talk about dividends." ”

"Mister Lee, normally it's incrementally based on earnings," Graham said, "but I think I might be able to convince my partner to lower your dividend to 20 percent." ”

"Twenty percent?" Li Kongrong is not clear about the dividend rules of Wall Street investment brokerage companies, in fact, the dividend quoted by Graham is the dividend ratio forced by the company's big investors after the Great Depression, in other words, this is an extremely favorable condition, especially now that Graham Newman's influence on Wall Street is increasing day by day.

"I agree to the 20 percent dividend condition." Li Kongrong let go of his doubts. "I will be investing about five million dollars in the name of a Swiss company to Graham Newman Investments, no later than the end of this year. For the sake of training, and for the sake of mutual trust, I can now tell you a piece of information: Germany has decided to annex the Sudetenland, tensions are growing in Europe, but Britain and France will compromise with Germany, which will happen in September. Think about it, what kind of movement will happen to the stock market after this happens? How can we get the most out of our investment? ”

Li Kongrong explained the incident very briefly, so that Graham looked vague, he said: "Sir, I must know the details of the matter in order to make an accurate judgment, in addition to the market's reaction time and the market's interpretation of the situation in Europe, maybe some information will be misinterpreted by the market, and will not make the reaction we expected." ”

Graham said completely reasonable, and Li Kongrong smiled: "I will provide you with detailed content before this matter." Mr. Graham, go back and think about it, and you imagine me as a know-it-all person, who understands what is going to happen in Europe, and even in the whole world, and then sees how you can benefit from the stock market. ”

This was the end of the first conversation with Graham, and until the funds were in place, it was in vain to say that no amount of money would be in vain, and that the wreck would have to be found, and the gold and silver on it would be taken out, and that would be the matter of the next few months. After a few days in New York, Li Kongrong joined Zhi Bingyuan, who had arrived from Switzerland, and Zhou Maobai, the new head of the aero-engine project, and went to Boston together.

Zhou Maobai was born in Germany, and his family background was more prosperous - since the Ming Dynasty, the Zhou family had a furnace and a pot factory, and the name at that time was called 'Zhou Tianshun'. In the fifth year of Tongzhi (1866), Zhou Qingchun, who was in charge of the family business, believed that he could not rely on the sky to eat, but should persistently improve his skills, so he changed 'Zhou Tianshun' to 'Zhou Hengshun'. After the Republic of China, Zhou Hengshun's business was mainly to repair shipbuilding, gas engines, and water pumps, which were somewhat similar to Xinzhong, but there were no connections in Xinzhong in the national capital - Xinzhong Company was founded by students of Jiaotong University, Zhou Hengshun was a family business, and Wuhan did not have as many talents as Shanghai, so it did not turn to railway bridge engineering.

Li Kongrong's later generations have never heard of this Zhou Hengshun (this brand completely disappeared after the public-private partnership), and after in-depth understanding, he cares for Zhou Hengshun - he likes the century-old brand inherited by the family very much, Zhou Hengshun has been passed down from the end of the Ming Dynasty to the present, which is too rare and rare. It's just that it is impossible for him to acquire such a time-honored brand, and it is impossible for this time-honored brand to turn to an aero engine, otherwise what would Xinzhong Defense do.

"Then what aviation committee would be angry if they knew that we were going to get rid of the talent they had cultivated?" In the box of the train to Boston, the high-spirited Li Kongrong asked Xiang Zhi Bingyuan and Zhou Maobai with a smile.

"This ......" Zhou Maobai wanted to speak and stopped, but when he saw that Zhi Bingyuan didn't speak, he picked up and said: "When the Central Machinery Factory wanted to run an aero engine project last year, the Aviation Committee was against it, and the Central Machinery Factory had to dismiss the project. Mr. Wang was very disappointed by this, and I was asked by Mr. Wang to be in charge of the aero-engine factory, so I had to leave. (To be continued.) )