Chapter 219: Fooling Funds
Fang Bai came to the ugly country for one more thing, that is, he wanted to make a little quick money on the stock market of the ugly country.
In the past few days, he has read a lot of financial newspapers and learned something, mainly about the technology stocks he is familiar with.
Microsoft was listed on the NASDAQ on March 13, 1986, with an issue price of $21 per share, and the current stock price has risen to $750, which is what Fang Bai can know from the relevant newspapers, and he also knows that it will rise in the future, and by 2000, the stock price will reach the peak of the next two decades, reaching $16,000 (after the resumption), and then fall all the way until 2013 and then continue to rise.
Thirty years later, around 2021, the stock price will be around $300 or 400.
Note that this is the stock price after the stock split!
In fact, according to the comparison calculation after the resumption, the current share of 750 US dollars, which has been held until 30 years later, is actually equivalent to 100,000 US dollars, an increase of 133 times.
According to the historical trajectory, in March 1994, the stock price was still $750;
In March 1995, it rose to about $1,100;
In March 1996, it rose to about $1,800;
In March 1997, it rose to about $3,500;
After that, it rose until 2000, that is to say, now Fang Bai invests in Microsoft, and he will not make money in the next year.
The problem is that he doesn't know the news, only that it can rise by about 20 times until about 2000.
In addition, Fang Bai knew that the stocks that could be invested in were Intel Corporation.
He doesn't know exactly how the company's stock price will develop in the future, but he knows that computers will develop very well in the next few years.
At present, Intel's stock price is very high, reaching $4,000 per share (calculated after weighting), and it will continue to rise in the next few years, until it peaked in 2000, about $90,000 (calculated after weighting), an increase of about 25 times.
Whether it is Microsoft or Intel, it has risen more than 20 times in seven years, and it can be invested.
Suddenly, Fang Bai remembered a company that is also quite good, that is, Cisco CSCO, whose main products are routers, switches, security products, wireless network products, video conferencing equipment, etc.
Cisco's revenues rose from $1.5 million in 1987 to $28 million, and it went public on the NASDAQ on February 16, 1990.
Later, at its peak in March 2000, Cisco reached a market capitalization of $555 billion and briefly became the world's most valuable company.
Then the dot-com bubble burst in 2001, and Cisco's market capitalization fell to $90 billion in September 2001.
He looked at the stock price, and the current stock price is around $350, with a market value of less than $1 billion, and by 2000, it could rise 28 times.
It can be invested, it can also be invested, it can be a steady growth, unlike Microsoft, which will not rise much in the next two years, and it will only start to increase after 1996.
It's just that Fang Bai doesn't know what the specific rise is, his goal is to invest in all three companies, and they will hold until 2000 anyway.
Fang Bai does not have so many dollars in savings, and his company still lacks funds for development, so it is impossible to use domestic money to smash it into the stock market.
So, he has his eye on stars like Jordan.
These stars make money easily, they are very generous with money, and they don't know how to manage their money when they have money.
If you change to a businessman, don't look at the assets, but you can't get much cash.
The next day, February 22.
Fang Bai was reported by some well-known media in Yancheng and Chouguo.
"Hua Guofang, is actually a billionaire", the content reports on Fang Bai's entrepreneurial process, probably explaining that he has been more than two years, has no identity background, created a large business from scratch, worth nearly one billion US dollars, and surprisingly, he is currently in his sophomore year, just in his early twenties, and is a very famous business genius in Huaguo.
Fang Bai is currently popular in the ugly country, and many ugly people are also curious about who he is.
Interested media went to investigate Fang Bai's personal information, but still found it, and felt shocked after knowing it, and found that it was a good topic for reporting.
After all, in more than two years, his worth has gone from zero to more than a billion dollars, which is very legendary.
In the ugly country, no entrepreneur has grown his wealth so fast.
Therefore, after the report came out, many readers read it with curious eyes, and Jordan was still very surprised when he heard the agent call him, he didn't expect Fang Bai to be so powerful.
At five o'clock in the afternoon, Fang Bai and David left the hotel and rushed to the high-end club 1977CLUB, which Jordan agreed, which was actually a nightclub.
Fang Bai has been in and out of this kind of club, he is not afraid of drinking, he is afraid of women.
In the past few nights, Qin Shuyu will call him to check on the post.
Fang Bai took David to the front of the clubhouse, Jordan was already standing at the door waiting, and when he saw Fang Bai, he opened his arms and hugged him.
"Fang, I didn't expect you to make so much money, I will ask you about business experience later, but I can't keep it."
"No problem, let's talk to each other." Fang Bai said, leaving his embrace.
This is how foreigners greet each other, Fang Bai feels that it is nothing, and at the same time introduces David next to him: "This is David L. Copeland, president of Haas Automation, my friend and a loyal fan of yours." ”
"Hello, Jordan, I'm a big fan of yours." After listening to Fang Bai's introduction, David stretched out his right hand with a slightly admiring gaze.
For the sake of Fang Bai's face, Jordan is also enthusiastic about David, and he is also the owner of the company, not an ordinary fan.
After the group entered the box, Jordan introduced five friends to Fang Bai, all of whom were big stars, including Charles Barkley, Scottie Pippen, Robert Parrish and other three teammates in the All-Star Game.
Originally, today was a small party organized by Jordan, and Fang Bai was invited by the way.
Fang Bai shook hands one by one, probed, and then gave the other party a favorable impression, and everyone instantly became very enthusiastic about him.
Before Fang Bai came, Jordan had already told them some things about Fang Bai.
For a billion-dollar fortune in just over two years, that's a lot of remarkable, and the stars are shocked.
The glory moment of the star is only a few years, and it is also the most profitable years, and the income is relatively stable.
But big entrepreneurs, their careers are getting bigger and bigger, their wealth is growing very fast, and even if they are older, they can still make money with business acumen, which is different.
After Fang Bai sat down, everyone was still chatting about yesterday's game, exchanging ball skills, and also asked Fang Bai for advice on long-range shooting skills.
After all, they are professional and have been trained by death, but they are amateurs, and there may be shooting skills they don't know to learn from.
Fang Bai replied that practice makes perfect, and there was a little talent.
Of course, this talent is the golden finger, so Fang Bai will not mislead the professionals.
When I talked about basketball, I talked about business the most.
These stars spent lavishly, and asked Fang Bai if there were any projects that could be recommended to make money steadily.
"I'm planning to set up a private equity firm on Wall Street, and I'm going to raise mainly institutional and specific investors.
If you can trust it, you can also entrust me to manage the money, with an annualized interest of not less than 20%, unlike most other fund companies, we guarantee the principal.
Of course, there is also a threshold on my side, with a minimum investment of one million dollars, and the principal can only be withdrawn after one year.
After one year, you can withdraw interest, you can also reinvest, our company will report the annual income to customers every year, and customers can withdraw cash within five working days after applying for cash. At this time, Fang Bai said his ultimate goal.
He just intends to use other people's money to make money and give customers a certain amount of income.
The annualized return is not less than 20%, which is the same as P2P, but Fangbai's income is higher.
Generally speaking, private equity institutions generally have an annualized rate of seven or eight points a year, and there are many of them.
However, in this era, the economies of various countries are developing rapidly, and the annualized rate of fund institutions is lower than 10 points, which is not as good as investing in fixed terms.
If it reaches an annualized rate of twenty or thirty points, it is already very good, and it is a rare existence, and the risk is relatively large.
If the private equity institution has a good reputation and stable performance, the investment threshold is relatively high, customers rush to invest, and ordinary investors cannot enter. Setting the investment threshold is actually to reduce the number of people under management, reduce management costs, and ensure the stability of funds.
In addition, once the scale of asset management rises, the rate of return will fall, so the scale of private equity funds will also be controlled.
Fangbai's private equity fund company mainly invests in the stocks of listed companies and the equity of non-listed companies, and does not do bonds, gold, oil and other projects for the time being.
For the sharing model, Wall Street generally adopts the 28 model, and the customer takes the lion's share.
Of course, the loss counts the customer!
Private equity companies still receive management fees.
Of course, Fang Bai didn't want to just take that little management fee, and he didn't want to open two or eight or five or five, he wanted to eat a big head.
He now knows the future trend of some stocks, he is seriously short of funds and dollars, he can't borrow money in an ugly country, he has no reputation and fame at the moment, and he is willing to take greater risks.
Therefore, he is willing to take the principal risk, and the guaranteed annualized profit reaches 20 points.
If the annualized profit exceeds 20 points, it is 73 open, and the customer takes 30%.
For example, if the customer invests in one million US dollars, if Fang Bai invests in Microsoft, the net income in seven years is about 21 times about 21 million US dollars, and after deducting management fees, it is estimated that there will be 20 million US dollars.
If it is only based on the 20% guaranteed annualized interest per year, after deducting the capital, the customer will get a maximum of 2.58 times the income, that is, 2.58 million US dollars;
If you take dividends every year, that's only $1.4 million.
If 30% of the revenue is shared, then the customer will get $5 million, and the institution will get $14 million, excluding management fees, Fang Bai can get at least $12 million.
If only 20% is shared, the customer only has $3 million in income, which is less than half, and the investment will definitely be much less.
And the agency takes an extra $2 million, not much.
Now Fang Bai's difference is the scale of funds, as long as the scale goes up, he will earn more.
After the scale of their funds is large, they can't find any good projects, and then reduce the guaranteed annualized income and share.
For him at present, the early stage is mainly to build the company's reputation and attract customer funds, and one billion dollars is not too little.
After Fang Bai finished speaking, everyone was very surprised when they heard it clearly.
"Fang, can I vote?" David was intrigued.
"You're my friend, of course." Fang Bai was very welcome, in fact, he understood that David wanted to support him on the scene, lest these stars not vote, then he would be embarrassed.
"Thank you, I'm going to invest some, I'll have to see how much I invest, but at least the threshold is one million dollars." Regardless, David made a deal with Fang Bai, and his company made at least a million dollars.
Fang Bai's capital-preserving investment shows that he is very confident.
The average customer does not expect a high share, and it is very happy to be able to stabilize the annualized income at 20%, and it would be better if the principal is still retained, even if it is just a promise.
The seven people present, Fang Bai's favorability is 85, which is at a more trusted level, plus Fang Bai's own wealth is not low, and he makes money very quickly, I believe that he has a good investment project.
Several stars saw David as a businessman investing, and they were equally interested.
They spend their money quickly, and if they have a stable income, it is best to ensure that they can live a prosperous life after retirement.
Next, several stars asked Fang Bai a lot of questions, such as how to ensure capital preservation, when can he vote, how much can he pitch, and whether he can pull friends to vote.
Some stars even want to borrow from their friends, give their friends ten points of interest, and then smash them to Fang Bai themselves, and they can also get at least ten points of income.
After talking for half an hour, Jordan finally decided: "Fang, I plan to invest 10 million US dollars." ”
"Very welcome, after a while, we will sign the contract after the private equity company is registered, and then I will arrange the commissioner interface, and then the funds will be transferred to the account of my fund company." Fang Bai didn't expect Jordan to throw so much, but his endorsement income reached 20 million US dollars last year, and he is good at managing money and is very rich.
After investors are interested in investing, Fang Bai plans to register a private equity fund company on Wall Street and recruit professionals.
When Charles Barkley saw Jordan's investment, he also decided: "Fang, I don't have as much money as Jordan, I'll invest three million dollars, which is most of my savings." ”
Three decided to invest, and the other four stars more or less invested, with a minimum of $1 million and a maximum of $5 million.
Seven people, with a total intention to invest $25 million, not counting David's.
David is the owner of the company, and the company's cash flow is tight, and it is estimated that he can only come up with one or two million dollars.
Of course, these two or three hundred million dollars cannot satisfy Fang Bai's appetite, and in the next period of time, he will have to continue to fool some stars, big investors and institutions, and he will have to get over 100 million dollars.
Two hours later, the meeting ended.
The morning after the meeting, Fang Bai flew to N Yo and informed his interpreter and lawyer to come over as well. When David returned to Los Angeles, his company still had something to do, and it was enough to come out and play with the client for three days.
Wall Street is a street located in the borough of Manhattan that is known for its numerous financial institutions, stock exchanges, and investment banks, and is one of the important centers of the global financial industry.
Yancheng is about 3,000 kilometers away from N, and it takes four hours by plane.
A few hours later, it landed at John F. Kennedy International Airport in the east of N Covenant.
In 1988, the total GDP of N was 362 billion US dollars higher than that of Shencheng, and the economic difference between the two cities was very large.
There is a world of difference between the financial center of a developed country and the one that is just starting out.
The airport is still an hour or two away from Manhattan's financial district, and along the way, Fonbai admires the cityscape of this developed country, flanked by neat country houses with few high-rise buildings.
It looks similar, completely different from the domestic community, and if you don't remember the street number, it's very easy to get lost.
After crossing the Williamsburg Bridge, crossing the Easter River, walking along the riverside to One Manhattan Plaza, and then to the Manhattan Bridge, you will enter the real Manhattan financial district, which is full of high-rise buildings.
Fang Bai stopped at the modern French restaurant on South Street for a meal before staying at the Eurostars wall, a four-star hotel.
In the evening, Fang Bai met his translator and lawyer, and began to arrange work, register a company, recruit fund managers, lawyers, accountants, appraisers and other personnel, there is not much business, there is no need for too many personnel, and there is no need for too good fund managers, as long as they are loyal and obedient enough, and all the operation directions are still carried out according to Fang Bai's requirements.
A few days later, N about Xinghai Investment Company was officially established, and several stars and David's corporate accounts were notified.
Two days later, some of the funds arrived.
With the arrival of the funds, Fang Bai breathed a sigh of relief, and finally had money to spend.
There are only three target stocks: Microsoft, Intel, and Cisco!
It is planned to invest half of the investment funds in Cisco, and the other two stocks account for 25% each, and they are held for the long term.
(End of chapter)