Island Tycoon

Chapter 586 Interview
On this side, Ye Jingcheng finally arrived at the airport in New York after a sixteen-hour journey.After another nearly an hour's drive, we arrived at Wall Street, where Manhattan is located.

Ye Jingcheng didn't go directly to Buffett, he needed time to understand the situation here.

In addition, there is a 12-hour time difference between the two places. It is still afternoon in the Asian region, but it is already early in the morning in the United States. The only way to find a hotel to accommodate the brought team is to give them a period of adaptation .

It's like everyone just slept on the flight, and they have to sleep again when they get off the plane.Adjust the biological clock as soon as possible to prevent them from making mistakes in the next work because they do not adapt to the environment.

And Ye Jingcheng's low-key arrival this time, even Buffett didn't know the specific information.He also has his own affairs that need to be arranged in advance. It doesn't mean that when he comes to the other party's land, everything will be handled by the other party. Doing so will only make him more passive.

The next day.

According to the instructions, Li Zhengping rented an office dedicated to the team. After a simple arrangement, everyone started the first round of work.Basically, various investigations on Wall Street current situation, consortia, investment, etc.

Ye Jingcheng is not the busiest one, but his work is of the highest importance.The first is to choose one of several agents who he thinks is suitable.

Among these candidates, the one Ye Jingcheng values ​​the most is John Paulson, the future "hedge fund No. 1".

Of course, John Paulson is just a little more impressive than the others, which doesn't mean that he is Ye Jingcheng's default agent.

The most important thing on Wall Street is talent. Several other candidates or abilities are slightly inferior to him, but they can also take on great responsibilities through training.

Ye Jingcheng's first requirement for them was to be able to give him enough trust, and secondly, to earnestly implement each of his instructions, instead of stepping out to question each time.Sometimes employees are too opinionated, which is not a good thing for employers.

Just like Cao Renchao, his knowledge of stocks and investment is far deeper than that of Li Zhengping.After all, he has gone through traditional teaching, while Li Zhengping is completely a monk in a wild way.

But Ye Jingcheng didn't reuse him, and instead let Li Zhengping lead the team this time.The reason is that the two have different views on investment and speculation. Cao Renchao has his own principles, and he prefers to grasp the overall situation and seek victory in a steady state.

Once he was asked to do something that crossed the bottom line, he would first struggle in his heart.Even if you finally follow the instructions, it is easy to delay the progress of the incident, and even a situation where the master and the servant have two hearts.

"Ye Sheng, the interviewees are all here." The assistant knocked on the door and walked in, handing over the received resume to Ye Jingcheng.

Ye Jingcheng glanced at it casually, and finally stopped at one of the resumes, and said, "Call this John Paulson in first."

Not long after, John Paulson was brought in.

But Ye Jingcheng's attention was still on the other party's resume.It includes some family information, the father is the chief financial officer of a small public relations company, the mother is a housewife, and there are two younger sisters and a younger brother.

In terms of academic background, Paulson has always been ranked first or second in his class. He first graduated from New York University School of Business and Public Administration, and then transferred to Harvard Business School to study for a degree.

Work experience, none.However, in this box, he filled in an expected salary, hoping to enjoy an annual salary of 20 US dollars.

20 US dollars is not high on Wall Street, and professionals with a few years of work experience can reach this amount.The problem is that as a newcomer, or he hasn't even officially joined, this amount should not be his entitlement.

Today, the average annual salary in the United States is less than 2 US dollars. Even if it is a high-paying investment industry, the annual salary he can enjoy as a beginner is at most 3 to 5 times the average annual salary.

Dare to fill in the amount of 20 US dollars, unless he thinks that he is really superior and has the confidence to persuade the boss to pay him this salary, otherwise doing so will only show how greedy and stupid he is.

Although as an open-minded foreigner, it seems that it is not impossible for him to make such a request?But how much should they know about some workplace rules?

In terms of salary, you can raise it face to face, at least through the interview first, so that the boss thinks you are worth the price.And if Paulson wrote it in writing, what would the boss think?Seems like you're picking me instead of me picking you?

Among the four resumes, he was also the only one who filled in the salary requirements.Because the resume with such a request, if it is submitted to other companies, [-] out of [-] will be passed directly.

"Sit down." Ye Jingcheng took a look at Paulson. His appearance was refined and he wore a pair of gold-rimmed glasses. It could be seen that he was a young man who had just left society, and he didn't like to mention his salary on his resume. Demand that kind of madness.

"Here you ask for an annual salary of 20 US dollars. Do you know what the average annual salary of new Wall Street employees is?" Ye Jingcheng initiated a topic on this matter.

Paulson nodded and said calmly: "According to my survey, the average annual salary of Wall Street employees who start from the grassroots is between 6W and 9W, and some of them can go to 12W."

"So you think you belong to the individual?" Immediately, Ye Jingcheng asked back.

"No." Paulson shook his head, his appearance made people look very humble, but in fact he said forcefully: "I think I am better than them."

"Confidence is a good thing." Ye Jingcheng put down his resume, a smile appeared on the corner of his mouth, and said, "Your outstanding grades and degree alone are destined to stand out from ordinary job seekers, but how can you prove that you are better than the industry elites?" Want to be excellent?"

"This..." Paulson hesitated for a while. He couldn't tell Ye Jingcheng that he was full of talent.When Ye Jingcheng raised this question, he had already stated that he was required to present the real facts, rather than relying on a few words to count.

No matter how ambitious he is, he is just a new job seeker at this time, and his ability to deal with the situation is still insufficient.Ye Jingcheng saw it, but didn't say anything.

"Ye Sheng, why don't I conduct a detailed analysis?"

"First of all, you asked me this question. The focus of the question is not on the annual salary, but on whether I have the ability to respond. Or you think I will get an annual salary of 20, and I will show you what achievements I can make in the end."

"Continue." Ye Jingcheng signaled.

"I have investigated some information about you. It is undeniable that you are a person with a dream and the ability to realize it. But you choose to enter Wall Street. At present, the biggest obstacle is not the local influence, but how to quickly adapt to the unfamiliar environment. .I grew up in this area since I was born, and being familiar with the environment is my first advantage.

Secondly, I was born in a family with business heritage. I remember that when I was 6 years old, my grandfather taught me to buy large packages of candy from the supermarket and then retail them to my classmates. This proves that my education is not limited to rote memorization.

In addition, I believe that my double-degree knowledge is more important than work experience. Work experience can be accumulated through work, but the vision brought by knowledge may not make a person even with a few years of work experience. People's horizons are broad, which is my second advantage.

Last point, I have taken you 15 minutes so far, but you still remain patient, which proves that you still have a good impression of me.Or how did you get to know me, if this is the case, then I should be even happier.

It’s like stock trading. You act as an investor with money in your hands, and I act as one of many stocks. The reason why you pay so much attention to me proves that I may become your next potential stock for investment. "

……

After talking a lot, Paulson picked up the glass of water on the table and drank it, quietly waiting for Ye Jingcheng's reply.

"Analytical skills are good, but the main point is still missing." Ye Jingcheng clapped his palms a few times and said, "Be realistic, if I entrust you with full responsibility for a company, how do you plan to run it in the early stage of development."

"I will guarantee that it will not lose money." Paulson quickly gave the answer.

"Not losing money? You are really an idiot. If I hand over the company to you, are you sure you can only guarantee that it will not lose money? Instead of promising me how much money it will make?" Ye Jingcheng said with a mocking tone.

Paulson was not angry because of this, on the contrary, after contemplation, he said seriously: "Financial investment is different from general industries, and the risks in it, even professional people, cannot be fully grasped.

And my biggest disadvantage is my lack of experience. Taking over a company rashly and spending too much will only make me fall into a bigger predicament.Therefore, the initial investment style and the concept of risk aversion will be more suitable for me. First, I am fully prepared for the market to fall, so I don’t have to worry about it when the market rises.Second, risk arbitrage is not the pursuit of making money, but the pursuit of not losing money. "

"Before that, not losing money is equal to making money." At the end, Paulson added a sentence at the end.

"What about after that?" Ye Jingcheng asked with great interest.

Simply put, Paulson still wins with stability.The difference is that the approach he proposes is more comprehensive, and it is only a part of the whole process.

"After that? When I have enough experience and a great opportunity, I believe you won't regret handing over the company to me." Paulson said confidently.

What I said above is the investment style he has formulated for himself. In the future, he will only have a rough idea, because there are too many variables in the process, and the plan must be revised according to the actual situation at that time.

However, he also knew that if he really wanted to achieve the results that Ye Jingcheng was satisfied with, he would definitely not be able to achieve sustainable and steady development.You must break the conventional thinking of the market in order to achieve success that others do not have.

To put it bluntly, if you don’t make money, if you want to make money, make a lot of money.

(End of this chapter)