"What kind of requirements?" Chen Zhiwen nodded and said.

"We can help you plan to acquire Disney this time, so you also need to give us certain benefits with the investment vision you are good at, how about this?" Jason Morgan said with a laugh.

"That's fair." Chen Zhiwen replied: "However, I want to make one thing clear first, the acquisition of Disney, not only your Morgan family can be used as an intermediate investment bank, Goldman Sachs, Lehman Brothers can, no matter what, this kind of acquisition is one of the main businesses of all investment banks, if they can also do it, and the time and cost are lower, then I can also choose them, so, this matter, it is not your help to me, unless your offer is much lower than Goldman Sachs or other investment banks, that is counted." ”

The acquisition of large companies in the United States does need to rely on the large investment banks in the United States, but this is not the same thing as the investment bank that needs Morgan, which obviously does not belong to help, it is purely business cooperation, as long as the interests are big enough, then it is the same for anyone you find, the Morgan family has a huge influence in the United States, but Goldman Sachs, Lehman, Merrill Lynch, etc. are all similar, they are all big investment banks in the United States, who doesn't have two brushes?

"Naturally, there are discounts in terms of price." Jason Morgan said naturally: "This is also the core of our cooperation, some areas that are inconvenient for you to invest, we will invest, after success, if we also cooperate in other fields, then we can naturally give you higher discounts." ”

"That's okay, but the problem is that there is no investment in this world that can quickly get a lot of income within a few months, even if I invested in Apple, it was a few years later to have a high return, the financial market, it is unlikely to appear overall short-term surge, there is a plunge, but this kind of economic crisis, may only be encountered once in an average of more than ten years, even if I said, do you dare to invest a lot of money short?" Chen Zhiwen said with a smile.

With the cooperation of this kind of consortium, he will not talk about those projects with high income returns, because these projects themselves are small asset investment, and they can't accommodate his own funds, so how can he tell others? What can be told is the future trend of the super huge market, such as some commodities, stock markets, foreign exchange, etc., but these, except for Japan's Hiroshima agreement, everything else will take a long time to take effect.

As for the U.S. stock market, in 1987 there was an opportunity, large-scale shorting of the U.S. stock market, for the average person is a taboo, easy to be targeted by the financial regulatory authorities, the big consortium may dare to play like this, but to do this kind of thing, the risk is too high, once wrong, it is too late to stop, the face of blood loss, even Morgan such a large consortium may not dare to play a big game.

"Shorting this kind of thing is only suitable for those small hedge funds, we don't play this kind of thing, but if the feasibility is high, we will also recommend it to our customers to operate." Jason Morgan said: "Relatively speaking, we prefer to follow the trend and make more convenient profits. ”

The development of investment banks in the United States to the present, in fact, most of them are not using their own funds, but customers, so that if they win, they will get a commission, generally at 25% of the profit, and if they lose, it is the loss of customers, and the investment bank is not responsible.

This is also a lesson of blood and tears, no matter what investment bank, no matter what powerful investor, win dozens of times, but as long as you lose once, you may go to zero overnight.

Of course, the premise that this kind of play can be sustained is that the investment bank can bring profits to most customers, and occasionally lose, and the average customer will not care.

"In that case, I recommend one, junk bonds, you should have heard of it, right?" Chen Zhiwen thought for a while and said.

Investment and speculation, many people like the latter, because the money comes very quickly, but really stable people will choose to invest, because the risk is small, and the ceiling is much higher.

The strongest speculative in later generations is Soros, who sniped the pound in the 90s, made 1 billion pounds overnight, shocked the world, and then sniped the Mexican peso, setting off a financial crisis in Southeast Asia.

But in the 21st century, the asset statistics are less than 1/5 of Buffett's, and even many other long-term stock market investors have higher assets than it.

Unless you are like Chen Zhiwen, who has a very accurate grasp of historical nodes, you can make a lot of money by relying on gold or the Plaza Agreement, but in the long run, it is still not as good as holding stocks such as technology companies and Walmart for a long time.

If you want to make money stably for a long time, you still have to invest steadily, except for A-shares in the future, of course.

"Junk bonds, you mean there's a lot going on in this market?" Jason steady.

"Yes, I think this is very promising, specifically, you can study and study well, invest or not, participate or not, you decide for yourself." Chen Zhiwen shrugged and said.

"How so?" Jason asked, junk bonds, he naturally knows, this is a special product of the American financial market in the 80s, the previous decade, two oil crises led to the economic downturn, bank loan interest and credit contraction, plus the serious decline in the business of many companies, resulting in a large number of companies in the United States The ability to repay debts has shrunk sharply, so Wall Street banks in order to avoid risks, these bonds are packaged and sold, and the value is very low.

If these companies go bankrupt, then the returns of these junk bonds will be zero, but if they survive and have the ability to repay, then the returns can go up dramatically, and the profits will be high, and the risks will be high.

"Because I'm very optimistic about the future of the U.S. economy, I'm willing to invest heavily in retail stores in the U.S. because of that." Chen Zhiwen said.

The financial rationale is too complex for him to say, but in the end, junk bonds were successful because the U.S. economy recovered massively in the 80s. In the 80s, there were several Wall Street elites who took a fancy to this market and made hundreds of millions or even billions of dollars from it.

"You have a point in saying that." Jason Morgan did not continue to ask, it is enough for people to tell a general reason, if it really involves a very professional analysis logic, it is impossible to tell outsiders, Wall Street, for economic forecasting, also put a lot of effort, such as the purchase of large supercomputers, the launch of satellites to grasp the real-time information of the global market, a large number of recruitment of university doctoral talents in mathematics, etc., just to measure the trend of economic development, so that you can invest accurately, these are the top secret data of Wall Street investment banks.

"There's also the current sovereign debt crisis in South America, and you're backed by the U.S. government, so you can consider buying these bonds." Chen Zhiwen said again.

"South American bonds? If these countries go bankrupt, then they will lose all their money, and if you are optimistic about the US economy, are you also optimistic about theirs? Jason asked with interest, these investment projects provided by Chen Zhiwen have a characteristic, that is, the scale is large enough to invest a large amount of money, which is in line with the goal of the big consortium.

A small investment income can be increased tenfold, while a super large investment income can only be increased by 30%. It's a matter of volume.

"Not very optimistic, but they are not small countries, the temporary economic difference is true, but it cannot be bad forever, we all know that the current debt crisis is because of the high interest rate in the United States caused by the return of the dollar, and when the American economy is good, the interest rate is reduced, these funds will still return to other countries to invest, besides, just the agriculture and mineral deposits of these countries will not be bad." Chen Zhiwen said.

"In fact, we have also considered these, but we have not found the right time to start, since Eric you are also optimistic, why don't we work together?" Jason thought for a moment and said.

As the top investment bank in the United States, they also know about these potential investment projects, but it is one thing to know that there is such a thing, and it is another thing to start or withdraw, just like the previous gold rise, the Morgan family also participated, but the time of withdrawal was still wrong, although it made a lot of money in the end, but it still did not get the highest return.

And Chen Zhiwen also invested tens of millions of dollars in Morgan Stanley to speculate on gold before, the timing of the start is very accurate, before that, although gold has been rising, but the rise is very slow, there is no investment significance, and then began to sing all the way up and rise rapidly, and the withdrawal is even more accurate, and all the funds were withdrawn before the highest price reached a month, with a net profit of nearly 500 million US dollars, which can be said to be a textbook template in the history of investment.

Coupled with Chen Zhiwen's success in other fields in the past two years, everyone in the Morgan family finally recognized this person's keen judgment in the investment and technology markets, which led to this cooperation, but the first cooperation is still good together.

"Investing in this kind of financially problematic sovereign bond is too risky for me, because these countries may turn their backs on me, and I don't have any way to do it." Chen Zhiwen shook his head and said. This is true, although some countries in South America will recover their economies in the future, but many sovereign debts have still been relied upon, he will not participate in this kind of thing, it is purely thankless, but for the big US investment banks, there is little risk in this regard, and if the South American government does not repay the money, the US government will come forward.

In fact, sovereign bonds are also because many ordinary people and ordinary investment companies have bought this kind of bonds, but when the sovereign country has problems, these investors can only sell these bonds cheaply in order to recover their funds or avoid losses as soon as possible.

"We invest together, the returns are proportional, and as long as the South American countries don't really fall into the Great Recession and become like Africa, then there's not much to discover." Jason said with a smile, they are not afraid that these sovereign countries will not pay back the money, but they are afraid that there will be no money at all, then there is no way, no matter how awesome the background of the US government is, it is useless.

"I have other investments in South America." Chen Zhiwen paused and said: "Henry also knows this, I am ready to invest in farms and ranches on a large scale in many regions around the world, and South America is one of the most important places I have chosen, which can be regarded as one of the evidences that I am optimistic about the South American economy." ”

"Yes, Eric has invested in several large farms in South America, as well as some large areas of reclaimable wasteland, and has also acquired the largest farm in the United States, Griffa Farms, which was also done through Morgan Stanley." Henry Morgan said.

"Farm? This thing can't be too profitable, right? Jason asked curiously.

"Investing in farms is not purely for profit, it is my preference, and it can also be said to be the most stable low-yield investment." Chen Zhiwen said with a smile.

"Okay, in that case, after I go back this time, I will focus on analyzing the investment feasibility of these two bonds, Disney's acquisition, if there is further news, I will immediately inform Mr. Chen, but even if this matter is the United States official, it is impossible to immediately give a feasible decision or denial, and it will take a while." Jason thought for a moment and said.

He understands that Chen Zhiwen will not invest in these two bonds with him, it may indeed be because of nationality issues, these two investments, non-American investments, will indeed be more sensitive, the former will be red to the eye if he makes too much profit, and the latter may be targeted to default, just like the American consortium will not invest on a large scale in areas that the United States cannot influence.

These two investment projects, although the Morgan consortium is also known internally, but this may be two of the thousands of choices, under normal circumstances, it may just be a glance and thrown aside, but now, it is natural to carefully analyze the feasibility, if it is really successful, not to mention how much profit it will make, it is more important to be able to cooperate with the visionary Chen Zhiwen for a long time.

"It's okay, I'm not in a hurry for a few days, just give me news in a few months, otherwise, I can only go to Goldman Sachs." Chen Zhiwen said with a smile.

"Okay." Jason nodded, he naturally understood what Chen Zhiwen meant, and now both sides are testing each other.

After sending Jason away, Henry Morgan returned, and the two of them had a good relationship, drinking tea and chatting casually.

"When you bought Disney, did you want to buy a film company like Coca-Cola, and then promote your own products?" Henry Morgan asked.

"Pretty much." Chen Zhiwen nodded and said that in the first half of this year, Coca-Cola acquired the American Hollywood giant Columbia Pictures, and the mergers and acquisitions of these two completely unrelated industries made American investment institutions think of hundreds of possibilities, but Coca-Cola officially replied that the acquisition of film companies was just to better promote its main business.

Chen Zhiwen actually has this kind of demand in this regard, although Henry bought the TV station, but it is not his own after all, in the United States, with his own advertising channels, it will be much better.

In terms of TV stations and newspapers, the United States has relatively strict control, and it is difficult for him to start, but the film company is much simpler, of course, the publicity ability of the film is also the worst, but if it is large-scale and the movie is a best-seller, it can also have a strong publicity effect.

There is another point he didn't say, that is, if Disney operates well, it can be said that the future has unlimited potential, far stronger than other Hollywood giants, and now is also its lowest point, many people think that it is about to go bankrupt, this is also the best opportunity for Chen Zhiwen, a foreigner, to be able to acquire, once Disney has a good trend in a few years, it is unlikely to be acquired with money.

"I guessed so, but Disney is not just a film company, its park business is very large, and now it has been losing money, and if you can't turn a profit after you take over, then the debt pressure is very high." Henry said.

"Don't worry, I have my own plans." Chen Zhiwen said.

"Okay, your investment, I really haven't seen a failure." Henry Morgan said with a smile.

"One more thing, I want to ask you for help, I want to buy an American NBA team." Chen Zhiwen said.

(End of chapter)