Chapter 355: Ji Sheng is the God of Investment (Ask for Subscription, Ask for a Monthly Pass)

Just when the outside world was in an uproar about Ji Cheng's latest brilliant achievements.

There is a fierce struggle for power within the Blackstone Group.

Peter. Peterson co-founded Steve Brown. Schwartzman launched a confrontation with Lawrence. Fink's encirclement.

Mention Steve. Many people may not be familiar with Schwarzman, but if you talk about his other name, many people will suddenly realize that his other name is Schwarzman!

Yes, it is the one who donated $100 million to Tsinghua University and was scolded by beautiful Chinese people.

And Steve. Schwartzman was also the one who would later capture Peter. The man who has the right to the Peterson company.

Of course, at present, the two are still of the same mind.

It's just Steve. Schwartzman had secretly leaned into the Boston consortium.

What's even more interesting is that Lawrence. Finke is a member of the Boston consortium on the surface, but in fact he is a member of the Rockefeller family.

The five senior partners are all there.

There are also a number of minority shareholders.

Everyone sat in the conference room and looked at Peter. Peterson made a statement.

Peter. Peterson glanced around, and said one by one: "Our Blackstone Group, as a company mainly engaged in private equity, is getting better and better, but it has also exposed a lot of problems, such as insufficient capital reserves in many cases, and there will be a shortage of funds when encountering some high-quality companies that are worth investing in, so I have gathered everyone here today to announce something, and then I will look for one or more strong senior partners for the company, and you can put forward any comments on this." ”

Lawrence. As soon as Fink heard this, he couldn't sit still, and he immediately retorted: "Peter, the shortage of funds is not too difficult, when we need money, we can find loans from major investment banks, or even issue corporate bonds to overcome the shortage of funds, there is no need to find partners." ”

Peter. Peterson didn't show any emotion, just looked at the other people, "Do you all have any ideas?" ”

Steve. Schwartzman said directly: "I agree with Peter that if a company wants to thrive, it should find a strong senior partner who can solve financial difficulties on the one hand, and on the other hand, if this senior partner has enough influence and strength, it will play a huge role in supporting the company's development." ”

Another senior partner, David Brown. Stockman's attitude was a little ambiguous, and he said: "I abstain. ”

Of the five senior partners, only Roger remains. Ultraman didn't have an opinion.

If Roger. Altman opposes the recruitment of a new partner, and the vote ratio of the five senior partners will become two to two.

"Can you tell me about the partnership you want to recruit?" Roger. Ultraman asked rhetorically.

Everyone else looked at it.

Peter. Peterson said calmly: "Joaquin Capital Season." ”

Lawrence. Fink's face changed dramatically.

David. Stockman was a sight to behold.

Roger. Ultraman nodded expressionlessly, "Can you allow me to go back and think about it?" I'll give you an answer tomorrow. ”

"Okay." Peter. Peterson also knew that he couldn't push everyone too hard, "Let's go back and think about it carefully, and we'll discuss it tomorrow." ”

After that, everyone dispersed and left.

Only Peter. Peterson and Steve. Schwartzman didn't move.

Wait until everyone is gone, Steve. Schwartzman said, "Peter, do you really think it's a good thing to recruit Ji Cheng?" ”

Peter. Peterson smiled and said, "Why not a good thing?" He is rich, young, capable, influential, and in every way the best choice for a partner, don't you think? ”

"He's just too capable, so I'm a little worried." Steve. Schwartzman sighed: "Aren't you worried that he will take over the ownership of the company after he joins?" ”

Peter. Of course, Peterson was worried, but he didn't say that, "As long as you and I are ironclad, no matter how capable he is, he will not be able to take control of the company." ”

Steve. Schwartzman didn't believe his words, "Peter, you tell me the truth, why did Ji Cheng join?" ”

Peter. Peterson sighed, "Didn't you notice Lawrence. Has Fink's voice in the company gradually increased? And Blackstone's financial management is basically up to him now, and we can't even see the financial reports many times, I'm afraid that if we don't do anything to him again, I'm afraid that before we introduce other partners, the actual control of the Blackstone Group will be Lawrence. Fink took it. ”

"Did Ji Cheng make any requests?" Steve. Schwartzman asked again.

Peter. Peterson looked at Steve. Schwartzman, with a deep gaze, said, "You want to report information to the Boston consortium, right?" Steve, one thing you have to keep in mind is that although we are leaning towards the Boston consortium on the surface, they are always a consortium, and if we rely on them too much, sooner or later they will become a tool, and then the company will not be up to you and me. ”

Steve. Schwartzman disagreed, "As long as our company remains competitive enough, the Boston consortium won't interfere too much, they just want someone to make money for them." ”

Peter. Peterson didn't say anything more, just left one sentence, "Then you can talk to the Boston consortium about the situation." ”

"Okay."

Steve. Schwartzman got up and left.

Peter. Peterson looked at his back for a long time and didn't move, and then he let out a long sigh and said to himself, "Steve, why are you in such a hurry?" I'm twenty years older than you, and sooner or later the company will hand it over to you. ”

……

The flowers bloom in two, one on each branch.

Ji Cheng just returned home from the company.

It was dark outside, but he still walked into the house with a large stack of company documents.

With the previous company splitting up a lot of businesses to establish subsidiaries, he will strengthen the head office's control over the subsidiaries, and many things must be handled personally in order to finally decide, such as who to send to preside over the subsidiary, how much equity can be transferred, so that Huajin Capital can maintain control.

Ji Cheng took the lead in dealing with Huajin Financial Management Company.

Who should I send?

He has too few people on hand at the moment.

Ji Cheng is more inclined to send Sophia. Green went to Joaquin Financial Management as chairman of the board of directors and just Sophia. Green is currently the number one general under his command and needs to be fully responsible for venture capital. Green's position though without Steve. White is a tall player, but his role is better than Steve's. White Great.

No, you can't send Sophia. Green went to preside over the subsidiary.

Since Sophia. Green can't go, so who should he go?

Ji Cheng felt that his head was a little big.

At this time, Michael. Baker walked in from outside, "Sir, someone is asking to see you. ”

Ji Cheng didn't raise his head and said, "Who?" ”

Michael. Baker whispered, "Warren. Warren Buffett. ”

"Warren Buffett wants to see me?" Ji Cheng raised his head and asked in astonishment.

Michael. Baker said, "Yes, he said he wanted to see you." ”

Ji Cheng was a little confused, he and Buffett didn't seem to have any contact and business dealings, why did the other party suddenly find him?

Let's put it this way, Buffett does not belong to the top ten consortia of the beautiful country, nor is he a person from any consortium, because Buffett and his company themselves are a consortium, and the investors behind him are the most upper-class social people in the beautiful country.

Warren Buffett is worth 3.8 billion this year.

But since this year, Buffett has been different, his whole person is like a hanging, his investments are getting sharper and sharper, and his wealth is growing faster and faster.

It's easy to say that people who are not from the top ten consortiums.

Ji Cheng didn't care why Buffett found him, and said bluntly: "Please let him in." ”

"Yes, sir."

Michael. Baker went out.

Not long after, Michael. Baker was accompanied by Warren, now fifty-nine. Warren Buffett walked in.

As soon as Ji Cheng saw Buffett, he stood up and stepped forward with a loud smile, "Hello Mr. Buffett." ”

He held out his hand.

Buffett also stretched out his palm and shook it with him, and then said with a smile: "Ji, just call me Warren." ”

In a beautiful country, only people who are close to them will be called by first names, otherwise they are basically called surnames.

Ji Cheng and Buffett met for the first time, and it was definitely impossible for them to be close, so Buffett's posture was so low, and he must have something to ask for.

He probably had a point in his heart, but he didn't show it on the surface, and responded with a smile: "Okay Warren, don't call me Ji anymore, call me by my name." ”

"Okay, my chief engineer." Warren Buffett said humorously.

The pronunciation of "cheng" in English is the same as that of chief engineer and chief engineer.

Hearing this, Ji Cheng laughed, he didn't expect Buffett to be so interesting, so he invited the other party to sit down.

Michael. Baker took the initiative to pour Buffett a cup of coffee.

Ji Cheng didn't talk to the other party, and asked bluntly: "Warren, do you have anything to do with you coming to me so late?" ”

Buffett took a sip of coffee, gently put down the cup, and looked very qualified, "You should know that I have a five-percent stake in Amex, right?" ”

Ji Cheng knows that Buffett bought 5% of the shares of Yuntong as early as 1964, and then increased his holdings in 90 years, until the modern society, Buffett is the largest shareholder of Yuntong, even if he is currently the company's top shareholders.

"You know, how?" Ji Cheng asked.

"Then you should know that Lehman Brothers now belongs to Amex, right?" Warren Buffett asked again.

Ji Cheng became more and more puzzled, "I also know this." ”

"Hmm." Warren Buffett took the initiative to reveal the facts: "Roger , a senior partner at Blackstone. Ultraman is actually a man from Amex, but I have a very good relationship with him and can make him vote in a precious way at some point. ”

Oh, got it!

Ji Cheng always thought that Roger at the beginning. Ultraman is a member of the Jewish consortium, after all, this person is from Lehman Brothers, and Lehman Brothers is actually the backing of the Jewish consortium, but it was acquired by Express a few years ago due to poor management. Ultraman is a person from Amex, and it makes sense.

Ji Cheng thought about it and laughed, "You mean that the Blackstone Group is recruiting partners over there?" ”

"That's right." Buffett looked at Ji Cheng very seriously, "I believe Mr. Cheng, you really want to get the equity of the Blackstone Group, right?" Let me tell you so that I learned from Roger. Ultraman got the news that the current vote ratio within the Blackstone Group is 1 to 2, and there is one abstention. If Ultraman votes in favor, then the voting ratio is 1 to 3, and you can successfully obtain Blackstone's equity. ”

"Warren, what do you want?" Ji Cheng asked sharply.

Warren Buffett said: "I am very optimistic about the business model of the Blackstone Group, if I can, I would like to ask Mr. Cheng to help get a little share, not more, five percent." ”

Ji Cheng directly shook his head and refused: "Please forgive me for not being able to help with this." ”

He promised Peter. Peterson, after returning control of Blackstone Financial Management Company, he returned the shares of Blackstone Group to the other party, how could he give it to Buffett again? Isn't that treachery, he can't do such a thing?

"Don't be too busy refusing it." Warren Buffett threw out the bait and said, "I can sell three percent of Berkshire Hathaway to Joaquin Capital, Mr. Cheng, what do you think?" ”

A three-percent stake in Berkshire Hathaway?

Ji Cheng was thrilled when he heard this, although the current strength of Berkshire Hathaway is not too strong, but he knows how powerful the company will become in the future under the leadership of Buffett, and the total market value is close to 600 billion US dollars!

If you can always hold 3% of the company's shares, then it will be worth 18 billion yuan in ten years!

Just when Ji Cheng hesitated.

Warren Buffett gave an even more tempting bait, "I heard that Mr. Cheng, you just won more than $10 billion in the futures market, so have you ever thought about tax filing?" If you're willing to do me a favor, I'll take care of your tax returns! ”

it!

Can you help me file my taxes?

This time, Ji Chengzhen's heart was moved, who didn't know that Buffett's ability to file taxes can be said to be the first in the United States.

This is not a joke, take 2021 as an example, in the past five years, Buffett's wealth has increased by $23.4 billion, but Buffett has only paid $23.7 million in taxes.

Isn't it inconceivable that even if he set up his own charitable fund, he would have to spend 5% of it on charity, but Buffett only paid 0.1% of the effective tax rate?

Ji Cheng made $11 billion in the futures market this time in his personal name, and if he follows the current tax ratio of the beautiful country, he will have to file at least more than $5 billion in taxes at the end of the year, and his wealth will be discounted by half!

"And I only need the right to dividends, not their decision-making power." Buffett said sincerely: "Mr. Cheng, I believe you can help me with this, please." ”

Obviously giving a huge benefit, but the posture is so low.

Ji Cheng had to admit that Buffett was too good at being a man, and after thinking about it for a while, "I'll ask Peter for you." ”

"Okay, there's Mr. Lao Cheng."

Warren Buffett said with great pleasure.

Ji Cheng took out his mobile phone and dialed Peter. Peterson's phone call, the two sides communicated a little.

At the beginning Peter. Peterson was very opposed to this, but after hearing that the other party only had the right to dividends, and was willing to take three percent of Berkshire Hathaway's shares to Ji Cheng and Blackstone, Peter. Peterson was moved.

Ten minutes later, Ji Cheng ended the call, looked at Buffett and said, "Peter agreed to this." ”

Warren Buffett was overjoyed, "Thank you." ”

Buffett's joy is not entirely due to the acquisition of a 5% stake in Blackstone, and while he does look good at Blackstone's future development, he has never thought of acquiring a stake in the company before.

The reason he really did this was actually to pull Jicheng into Berkshire Hathaway.

Buffett investigated Ji Cheng's information long before he came, and knew that Ji Cheng did not belong to any consortium, and his own influence is now in full swing, plus he has made tens of billions of dollars in the futures market, with money, no background, and influence, isn't this the best partner?

Once Berkshire Hathaway can join the company, even if it is only a small stake, it will bring great good news to Berkshire Hathaway, which will make the stock price rise and investors more confident.

Suffice it to say, Buffett feels that Rajicheng's investment in a hundred potential companies is more worthwhile than his investment in a hundred potential companies.

After all, the "God of Investment" now known to the outside world is Ji Cheng, not him Buffett!

Isn't it good to be able to get the favor of the god of investment?

Buffett came and went quickly, and left after negotiating with Ji Cheng.

Ji Cheng couldn't help but be secretly excited when he looked at Buffett's back, but he didn't expect that he had inadvertently obtained a certain stake in Berkshire Hathaway, although in the end he wanted to share the three percent of the shares with Peter. Peterson split evenly, after all, Peter. Peterson has to pay five percent of the shares of the Blackstone Group, so he can't get nothing for nothing, right? But for Ji Cheng, he can get 1.5% of Berkshire Hathaway's shares today, and as long as Buffett doesn't deliberately let himself take it, he can continue to increase his holdings.

Earned!

This time I made a big profit!

Ji Chengzheng was secretly happy.

Suddenly, the phone rang.

Michael. Baker walked over and said a few words, then he looked at Ji Cheng with a shocked look on his face and said, "Sir, the Boston consortium wants to meet you." ”

Ji Cheng was stunned for a moment, isn't this one of the top ten consortia in the beautiful country and one of the oldest monopoly consortia in the beautiful country? I am currently at war with the Rockefeller family, and I am also very unhappy with Citibank, Vanguard Group, State Street, etc., which can be regarded as a provocation of the top ten consortiums, why did the Boston consortium still come to the door?

Could it be that the other party also wants to win over himself to become a worker of the consortium like the Citigroup consortium?

However, there is one thing that Ji Cheng can be sure of, that is, the Boston consortium came to the door, and it must have something to do with his more than 10 billion US dollars in the futures market this time.

Do you want to meet the Boston Consortium?

Ji Cheng made a decision after thinking for a while, anyway, there was no loss in meeting, and it was another thing to talk about it or not, "Okay, when will we meet?" ”

"Tonight." Michael. Baker added, "The other party asked you to meet in Boston for a talk." ”