Back to 80: My literary life.
Chapter 711 A billionaire was born!
Chapter 711 A billionaire was born!
After a while, Garcia's face gradually regained its composure. He sat on the sofa and looked at everyone: "Okay. Let's talk about the acquisition."
Fang Minghua and Li Li did not participate in the negotiations. He stayed for a while and then left the office.
After going downstairs, Li Li looked back at the old building and suddenly sighed: "I suddenly feel a little sympathetic to Mr. Garcia. I saw the look in his eyes just now, from hope to disappointment. Sigh..."
"If, I mean if, you give this novel to Mr. Garcia for publication, will it save Ashley Press?" Li Li looked at Fang Minghua again.
"Lili, you are very kind." Fang Minghua said calmly:
"Even if I give him this Harry Potter and the Sorcerer's Stone, or even the entire series, it can save his company, but it can only save it temporarily, not forever. The Internet age has arrived, and small publishing companies like this are doomed to have no bright future."
"Then why do you want to acquire it?" Li Li suddenly discovered a problem.
"Save Mr. Garcia from the dire straits." Fang Minghua smiled.
Li Li curled her lips.
She didn't quite believe what Fang Minghua said.
His cousin once told him that Fang Minghua was a good person, but definitely not a pushover. He was very shrewd in business and would never do business at a loss.
However, since Fang Minghua was unwilling to say, she did not ask any further questions.
I just need to translate novels for him.
"Let's go home first. I have to meet my personal financial advisor Phillips in the afternoon." Fang Minghua said with a smile.
"I have classes in the afternoon and can't accompany you." Li Li said.
"You go about your business."
"Then I'll leave the car to you."
"No, I can call you, but you have to leave your cell phone to me."
"Ok."
After having lunch at home at noon, Fang Minghua looked at the time and went out alone.
He and Frances had met at Merrill Lynch.
Merrill Lynch is located on Pine Street in the northeast of San Francisco. Fang Minghua took a taxi there, checked the time, entered a coffee shop diagonally across the street from the securities company, sat down at an empty table by the window, ordered a cup of American coffee and drank it slowly.
Half an hour later, the mobile phone rang and Fang Minghua answered it: "Mr. Fang, this is Phillips. I am now at the entrance of the Merrill Lynch Securities Company. Where are you?"
Fang Minghua looked through the window and saw a young man in a gray windbreaker, carrying a suitcase and standing at the door while talking on the phone.
"I'm in the coffee shop across from you, come in."
"OK!"
Soon, Phillips appeared in the coffee shop.
"Hey, Phillips, here." Fang Minghua waved to him.
Although I haven't seen him for a few years, his appearance hasn't changed much.
Phillips immediately came over with a smile on his face.
He was in a very happy mood at this moment.
Yesterday, old Mrs. Jones finally listened to her own advice and used all of her $30 in her account - which was also her pension - to buy Dell stock.
The two parties signed a commission contract, and Phillips operated her account and waited for opportunities to sell stocks to maximize the client's interests.
For this, after the sale, Phillips can also receive a commission income of 0.1% of the transaction amount.
Now meeting this mysterious Chinese man, Phillips felt a little excited and grateful.
When I first met this Chinese man, he was just an inconspicuous graduate of Elgin Community College. He could not be compared with prestigious college students such as Harvard and Yale. No investors paid attention to him, and he had problems even with the most basic survival.
But it was this Chinese man who hired him as his financial advisor, and the annual income of $5000 helped him get through the most difficult times.
Moreover, he had done nothing. Now, the Chinese man found him again, and he had to do it well this time.
The two sides shook hands and Phillips sat opposite him.
"What would you like to drink?" Fang Minghua asked.
"Coffee, no sugar, thanks."
"OK!"
Fang Minghua waved his hand, and immediately a waiter came over, said a few words and left.
"Thank you for your hard work along the way." Fang Minghua said with a smile.
"It is my honor to serve you, sir."
Fang Minghua smiled slightly and said nothing.
"Mr. Fang, although I don't know how your stock holdings have changed in recent years, if you still hold Apple, Microsoft, and Dell."
"It's still the same three types." Fang Minghua interrupted him.
"Then I strongly suggest you sell Apple stock!" Phillips said: "Among these three stocks, it has the worst growth potential."
Phillips is certainly right.
Two days ago, he opened Li Li's computer and logged into the NASDAQ website, only to find that from 88 to the end of 95, Apple's stock price had only risen from US$58 to US$68. After a closer look at Apple's leadership, he found that Jobs had not yet returned!
What the hell!
Losing big!
However, Apple is quite generous in its dividends, paying dividends every quarter.
"How about this, you sell all the Apple stocks I hold." Fang Minghua made the decision.
I'll buy it back after the millennium.
"OK! Don't worry, I am very good at short-term operations. I will sell the stocks at the most appropriate time and let you get the biggest profit!" Smith said, taking out a document from his briefcase.
"This is a power of attorney, in duplicate, please sign it." Phillips said and took out a pen and handed it to the other party.
Fang Minghua took it and read it carefully. It clearly stated the rights and obligations of both parties, including the sales period.
Fang Minghua thought about it and filled out the form for a month. He would complete the contract agreement by selling all of his Apple shares within that month.
Of course, there is also the commission you need to pay for this operation: 0.1% of the transaction amount.
Finally, both parties sign their names at the back and the contract is completed.
"Mr. Fang, can I go to the exchange and log into your account now?" Phillips put his contract into his briefcase and said to Fang Minghua.
"Of course, this is your right according to the agreement." Fang Minghua picked up the coffee cup and took a sip slowly.
After drinking coffee, the two went to Merrill Lynch Securities across the street.
He found a computer and logged in according to the account and password Fang Minghua gave him. When Phillips saw the returns on his stock holdings, he was stunned.
$108952412!
One hundred million dollars!
Another billionaire is born!
Phillips suppressed his inner horror and looked carefully.
The number of stocks held in each stock has increased a lot compared to seven years ago. Looking at the operation records, all of them were bought in succession without a single sale.
Looking closely at the returns of each stock, Dell is the best, Microsoft is second, and Apple is the worst.
Dale recommended it to him himself!
Thinking of this, Phillips felt an indescribable pride in his heart.
(End of this chapter)
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