On Hong Kong Island, the Hang Seng Index plummeted by 420.81 points, a drop of 11.2%!

In the following two days, the stock markets of other major financial markets in the world, such as France, the Netherlands, Belgium and Xinjiapo, fell by 9.7%, 11.8%, 10.5% and 12.5% respectively!

Throughout October 1987, the stock market crash caused huge losses to the world's major stock markets.

The lighthouse country lost $800 billion, the Mulberry country lost $600 billion, Britain lost $140 billion, the treasure island lost $32 billion, and Hong Kong Island lost $30 billion!

When the world's stock markets all fell into a major crash, there was only one place that survived.

That's Sang Country!

In real history, on October 14, 1987, Soros, the most famous short-selling predator in history, published an article in the British Financial Times, predicting the imminent collapse of the Mulberry stock market.

Five days later, the global stock market crashed and the U.S. stock market collapsed.

But after a short period of adjustment, the stock market quickly stabilized, not only did not collapse, but attracted investors from all over the world and continued to rise.

While the world's stock markets were plummeting, the Mulberry stock market instead ushered in a one-day gain of 9.3%, the highest since 1949.

It's really a wonder of wonderful!

The deeper Sheng Tianbu's understanding of the financial market, the more he will experience, and he can't help but sigh in his heart: the bubble economy is terrifying!

So, what happened to those high-profile investors in this sudden global stock market crash?

Except for a very small number of ghost talents, most of them have suffered unprecedented critical attacks!

Take the financial giant Soros and Warren Buffett as examples.

Let's start with Soros.

At present, the economy of Sang is boiling oil, and he predicts that the stock market of Sang is about to collapse, in fact, for a financial giant of his level, this is nothing at all.

Because anyone can see how unreliable the current prosperity of the Sang country is.

The real difficulty is when the bubble will burst.

Even Soros can't see the exact time, he predicted this year, but the stock market and real estate in Mulberry did not collapse until February 1991, which is still early.

In the same way, he failed to predict the global stock market crash!

In the aftermath of the global stock market crash, Soros survived by liquidating all 5,000 S&P 500 futures contracts held by the Quantum Fund, worth a total of $1 billion.

A week after the crash, the net assets of the quantum fund plummeted by 26.2%!

And at this time, how much did the U.S. stock fall?

17%！

In other words, Soros's broken arm survived, and the loss was greater than the decline of US stocks!

This is also the first time that Soros has surpassed the 20% stop-loss floor set by himself.

There is no doubt that Soros has become the biggest loser in this disaster.

However, shorting a huge amount is shorting a huge amount.

Soon after the crash, Soros seized an opportunity to short the dollar and eventually turned a profit, bringing the Quantum Fund's profit to a double-digit 14% in 1997.

Let's talk about Buffett, on Black Monday, the stock god Warren Buffett's Salomon Company, which had a heavy position not long ago, lost $75 million.

Buffett's personal wealth has evaporated by $342 million!

Within a week, his Berkshire Hathaway stock price plummeted by 25%, and the loss of assets increased even more!

As we all know, Buffett is different from the speculative financial giant like Soros, and he believes in value investing.

After the stock market crash broke out, he was extremely calm, neither asking around for news nor selling stocks.

He behaved calmly, as if the loss of up to $400 million had nothing to do with him, and he just calmly continued to do his own thing.

Many people may still be immersed in the grief of a great loss, but he has already begun to do research.

Research which companies have long-term, sustained competitive advantages, and then after the stock market crash, buy the shares of highly competitive listed companies in an orderly manner.

In this year, Warren Buffett set his sights on a company - Coca-Cola!

Coca-Cola's total share capital is 4.297 billion, and in 1987, that is, this year's closing price was only $3.21 420, and the total market value was only $15 billion.

However, Buffett finally calculated the actual intrinsic value of this company to be $38.163 billion after months of detailed investigation through various statements.

The Coca-Cola Company is doing well, and its performance is growing every year.

In other words, the actual value of Coca-Cola is far underestimated by the market!

When the actual intrinsic value of a company is much lower than the market value, it is a great time to enter the market, and if you are still very bullish on the company, you can hold it for a long time!

That's what Warren Buffett did!

As recently as 1988, Warren Buffett bought $593 million in Coca-Cola stock, and nearly doubled his holdings in 1989, bringing the total investment to $1.024 billion!

By 1991, Coca-Cola's stock price soared, and his investment became 3.743 billion, an increase of 2.66 times in 2 years!

Such an exaggerated increase even Buffett himself was shocked.

In Berkshire's annual report in 1991, Warren Buffett was both happy and proud: "Three years ago, we bought a large amount of Coca-Cola shares, and Berkshire's net worth was about $3.4 billion, but now the market value of Coca-Cola shares we hold alone has greatly exceeded this figure!" ”

As a result, in 1994, Buffett continued to increase his holdings in Coca-Cola stock, with a total investment of $1.3 billion.

Since then, the holdings have remained the same.

By 1997, the market value of Buffett's Coca-Cola stock had risen to $13.3 billion, a tenfold increase compared to his investment.

With this stock alone, $12 billion was earned!

And without the real history of Sheng Tianbu, what is the situation of the rich people on Hong Kong Island in 1997?

The richest man in Hong Kong and Austria this year, named Lee Shau-kee!

And his total assets are only 14 billion US dollars, and the second place is far behind him, and the family assets are only 10.8 billion!

The investment in Coca-Cola alone can almost propel Buffett to the position of the richest man on Hong Kong Island!

That's the beauty of value investing!

Investing in Coca-Cola is one of Warren Buffett's most legendary and valuable investments, and similarly, after entering the 21st century, he invested heavily in Apple!

Why not invest in Apple now?

Of course, the reason for not investing is that Apple's performance is stretching, and there is no hope in sight and no future.

By 1997, Apple's stock price had fallen to just $1 and it was on the verge of bankruptcy.

In such a predicament, Apple's board of directors was helpless, and had no choice but to be cheeky and invite Jobs back.

In fact, even if they invited back Jobs, they didn't have much hope, and they simply used dead horses as live horse doctors.

Then Steve Jobs, the giant of the times, staged a big drama of the return of the king, led Apple to a desperate situation, and finally became the world's first giant company with a market value of more than 2 trillion US dollars.

Because its market value exceeds the gross domestic product of most countries in the world, it is a truly rich country.

Back to Soros and Warren Buffett.

These two people represent two investment philosophies, one is speculation, and now, Soros is like a crazy gambler, often playing stud and gambling on his net worth.

The other is the value type, focusing on the future and not caring about the momentary gains and losses.

There is no superiority between the two, only the investment philosophy is different.

Of course, if it is only about success, measured by wealth, then there is no doubt that the winner is Warren Buffett.

After all, relying only on investment and not carrying out any industrial manufacturing, he once pulled Bill Gates off the horse and became the richest man in the world, a position that Soros will never be able to achieve.

What we often say about Wall Street's huge amount of money, capital or something, is essentially Warren Buffett!

It's Soros!

And now, Sheng Tianbu has decided to cash out the huge amount of money seized from the economic bubble era of Mulberry and use it to build his own financial empire in this year's global stock market crash!

Although he is not on Wall Street, he wants to do the things of Wall Street capital and enter the international market.

And the largest market for international capital is the lighthouse country!

In the past few days, when everyone on Hong Kong Island is still immersed in the unimaginable shock brought by the tripartite financial bite of him, Ye Xiaoli, and Huo Jingliang, the focus of his work has changed.

Fuying Fund is carrying out investment restructuring in an orderly manner, and simply and decisively withdrawing from the foreign exchange market in Mulberry.

The real estate funds have not been moved, the time has not yet come, and the investors in Sang Guo are still in a frenzy until February 1991.

As long as he was out at the end of 1990.

As Sheng Tianbu continued to increase his investment chips, Imamura's real estate funds snowballed, getting bigger and bigger.

At the same time, in order to avoid risks, Sheng Tianbu also introduced a local consortium in Sangguo.

It will be much more convenient to get a piece of the pie.

Eating alone often does not end well, so it is the king to involve important people who have the right to speak in the local area, share resources, and make money together.

Sheng Tianbu wants to withdraw from the Mulberry foreign exchange market, and there is another important reason, that is, the Mulberry government!

Although in the era of the bubble economy, the Sang government also needs to be responsible, and there are countless fools in it, who are blinded by the economic prosperity, but there are also some people with lofty ideals.

They realize that the economy of the country is like a wild horse that has gone off the normal track, and they are trying their best to put the economy back on the right track.

One of the most important points is deleveraging!

This is obviously not good for Sheng Tianbu.

On the side of the Financial Department, it has begun to clean up its capital and find all kinds of troubles, including Sheng Tianbu's Fuying Fund.

The benefits have been put in place, and if you fall in love again, it will be difficult to withdraw in the future.

These things are the responsibility of Taurus Securities.

With the crazy rise of Sheng Tianbu, Taurus Securities has also ushered in explosive development.

With the golden sign of Sheng Tianbu, coupled with a series of previous god-level operations, the business of Taurus Securities has increased exponentially.

In just two years, Taurus Securities has become a giant in the securities industry, with more than 10 billion funds under management!

This 10 billion naturally does not include Fortune Capital and Fortune Fund.

Taurus Securities is still in charge of Sima Xiang and Luo Minsheng.

The worth of the two of them has also soared wildly, the former is worth more than 1 billion, and the latter's assets are not as good as Sima Xiang's, and now their wealth is much less, only about 300 million.

Following Sheng Tianbu, they completed the original accumulation far earlier than in "Eavesdropping 2".

There is a landlord's association in "Eavesdropping 2", the elders are Sima Xiang, Huang Shitong, Chen Zhan and other six people, Sima Xiang is the oldest and the most qualified, followed by "Uncle Tong" Huang Shitong.

If it is about wrist and mind, Huang Shitong is a well-deserved first.

Previously, it was because of Sheng Tianbu's intervention that Sima Xiang had a falling out with his good brothers, quit Junji Securities, and joined Taurus Securities, when his brothers were still extremely angry.

But now, they have reconciled again.

Seeing that Sima Xiang suddenly developed and threw them away from afar, Taurus Securities threw away the other four major Chinese-funded securities firms and became a veritable leader in the entire industry.

That group of guys wanted to make friends with Sheng Tianbu through Sima Xiang.

Sima Xiang is also soft-hearted, thinking that the six brothers used to be happy, and now he heard them say that he no longer carried out any illegal operations, and he really dared to mention Sheng Tian.

As a result, he was naturally scolded by Sheng Tianbu for being bloody, letting those bedbugs keep to themselves, and if they dared to be delusional, they would be trampled to death.

Sima Xiang didn't know that Sheng Tianbu was so disgusted with his brothers, he was almost half scared to death, and he closed his voice decisively.

After going back, Sima Xiang bitterly persuaded the landlords to stop thinking about it, let alone try to catch Mr. Sheng's line.

In addition, the equity of Taurus Securities has also changed, and after seeing Sheng Tianbu's amazing operation, Sima Xiang and Luo Minsheng took the initiative to find Sheng Tianbu and spontaneously lowered their equity.

Sheng Tianbu was not hypocritical and decisively agreed.

However, it is not a simple reduction of the equity of the two, but an equity reform.

Initially, the shares of Taurus Securities were only held by Sheng Tianbu, Sima Xiang and Luo Minsheng, of which Sheng Tianbu accounted for 51% and the remaining 49% was held by the two.

After the equity reform, Sheng Tianbu's stake was reduced to 35%, Sima Xiang's 12%, Luo Minsheng's 8%, and the remaining 45% was held by Shengtian's other investment companies and other institutions.

This morning.

World Financial Tower, Central.

The headquarters of Taurus Securities was not originally here, but the development of Taurus Securities in the past two years has been too rapid, and it soon became the leader of Hong Kong Island Securities.

The headquarters also moved here and directly bought the entire 12th floor, costing nearly 50 million!

Tsim Sha Tsui is also prosperous, but compared to Central, it is not enough.

Like Sheng Tianbu's Starlight Building, if you buy a floor, it will only be 25 million, but here, the price of the same floor will be doubled.

This layer belongs to Taurus Securities, but it is not funded by Taurus Securities.

The real investor is Anhe Real Estate.

It was in this way that Anhe Real Estate obtained the shares of Taurus Securities.

Among all the unlisted industries of Shengtianbu, real estate accounts for a large proportion, and the leading industry is Anhe Real Estate, followed by New World.

There is also a difference between the two.

Anhe Real Estate is mainly responsible for property services, that is, buying office buildings and shops, mainly relying on rent to make profits.

The full name of New World is "New World Development Company Limited".

This is a standard real estate company.

New World also has property projects, but the main means of profit is not rent, the main process is to take land, build office buildings, apartment residences, and then sell them, and the layout is more extensive.

Not only Hong Kong Island, but also the mainland.

It's just that the real estate dividend in the mainland has not yet arrived, and it will take at least 15 years to really show its might, and now it is only operating in super first-tier cities.

In the conference room of Taurus Securities, Sima Xiang and Luo Minsheng are reporting to Sheng Tianbu.

After the report was almost done, Sheng Tianbu waved his hand and motioned for the other senior executives of Taurus Securities to leave, only Sima Xiang and Luo Minsheng stayed.

Sheng Tianbu said: "A-Yao, what is the situation of our Shengtian assets now?" ”

(End of chapter)