Chapter 57: A Once-in-a-Lifetime Opportunity to Steal the Bottom! (7, ask for flowers and ask for everything).
December 20th.
On this day, Lin Ze took Ye Qingyan and Guan Zhilin and embarked on a journey to the free country.
There is also a futures market on Hong Kong Island, and the Hong Kong Island Mercantile Exchange was established on 9 May 1977.
It’s just been a commodity exchange for more than a year, and currently only trading futures on raw sugar, soybeans and gold.
If Lin Ze wants to buy oil futures in large quantities, he can only go to the free country of one of the first countries in the world to establish a futures market.
At present, Linze’s Boeing 747 has not been modified and renovated, and Linze can only deign to fly on the Gulfstream II business jet.
With a private jet, this time Lin Ze traveled long distances, and the journey was not boring.
After laughing, singing and dancing all the way, the plane landed at the New Moon International Airport of the Free Country more than a dozen hours later.
Walking out of the airport, Lin Ze saw a dozen white men in suits not far away.
At the head is a middle-aged Chinese man of about forty, who is holding a sign in his hand.
It reads “Warm welcome Mr. Hayashi Ze”.
Tianxia Group has reached cooperation with many home appliance companies around the world and set up branch offices in various countries.
That middle-aged Chinese man was the manager of the Free Country branch of the Tianxia Group, named Wei Zixuan.
Today’s Lin Ze is wearing a black suit, tie, surrounded by stunning beauties, and has a noble temperament.
Standing out from the crowd, you can notice it at a glance in the crowd.
“Chairman, over here.”
Facing Lin Ze, the chairman of the group headquarters, Wei Zixuan was extremely respectful, smiling, and waved enthusiastically.
Lin Ze and the others came over, and Wei Zixuan bent over and said
“Chairman, I have arranged a fleet for you, please follow me.”
When the group left the airport, they saw a luxury convoy of an extended Lincoln and a dozen Mercedes-Benz.
Wei Zixuan opened the door of the extended Lincoln and carefully escorted Lin Ze into the car.
The convoy departs for the premium hotel where we are staying.
The New Moon Plaza Hotel, one of the most famous hotels in the Free Country, opened on October 1, 1907.
Located south of Fifth Avenue and Central Park, this luxury hotel is built in New Crescent’s most fashionable residential area and has been featured in countless movies.
On the way to the hotel, Lin Ze looked at Wei Zixuan and ordered
“Help me meet Buffett as soon as possible.”
In the later life, Buffett’s name as a stock god resounded all over the world and was the idol of countless retail investors.
A meal is worth millions of free coins, and even so, countless rich people flock to it.
Futures as a financial derivative, Buffett naturally too.
It’s just that Buffett is particular about value investing, holding a stock that knows the business potential and value for a long time.
Short-term profits in futures are too speculative and too risky, just a tool he uses to hedge.
From the outbreak of the oil crisis to the skyrocketing oil prices, there is a time period.
Lin Ze didn’t want to, and he didn’t have so much idle work to keep staring.
Since this is the case, it is better to hand over professional matters to professional people, entrusting the stock god Buffett, Lin Ze is very relieved.
Hearing this, Wei Zixuan nodded respectfully and responded:
“Understood, Chairman.”
While talking, the convoy came to the hotel where Lin Ze was staying.
The soaring lobby, marble floors, columns, and even bathroom faucets are plated in 24K gold.
Lin Ze stayed in the super five-star presidential suite.
Standing in front of the floor-to-ceiling windows of the room, you can overlook the traffic outside the window, as well as the view of Central Park and the Hudson River.
Ye Qingyan glanced at the luxurious room with a satisfied expression, and then asked Lin Zedao
“Who is Buffett?”
Lin Ze walked to Ye Qingyan’s side, stroked her hair, and replied:
“A master of bottom copying.”
At the age of 11, Buffett bought his first stock.
In 1957, he founded the Buffett Investment Club, which managed 300,000 free coins.
In just ten years, he ushered in the peak of his career in 1968.
Its investment firms grew 46 percent, while the Dow Jones index grew 9 percent.
The funds in charge rose to 104 million free coins, of which 25 million free coins belonged to Buffett.
But at the peak of his life, Buffett chose to retire.
It was at the peak of the Free Country stock market, and Buffett found it difficult to find cheap stocks that met his criteria.
This retreat allowed him to successfully avoid the stock market disaster.
In 1969, the lack of food supplies in the free country, coupled with persistent inflation and low growth, brought the free country’s economy into a period of “stagflation”.
In June, the stock market plummeted, turning into a stock crash.
In May 1970, every stock was down 50 percent, or more, from the beginning of the previous year.
The house leak coincided with overnight rain, and it coincided with the first oil crisis.
Under the double whammy, the free country stock market is like a deflated leather ball, without a trace of anger.
In a short period of time, the S&P 500 index fell by more than 48%, and the property of the people of the free country lost an unknown number of billions.
But at that time, Buffett smiled crookedly, secretly happy.
Because he found that the stock market had plummeted and there were too many high-quality and cheap stocks, he began to secretly hunt the bottom of the stock market.
In 1972, Buffett carefully analyzed the information of the Washington Post and found that the company owned four television stations, as well as heavyweight newspapers and magazines such as The Washington Post and Newsweek, but had a market value of only 88 million free coins.
Buffett believes that the newspaper has achieved a legal monopoly in the region and is permanently competitive, worth at least 400 million to 500 million free coins, so he boldly buys the bottom.
And the final return did not disappoint Buffett.
In just a few years, the 10 million free coins that Buffett invested at that time have appreciated to 200 million, and there are 700 million dividends every year.
It was this investment that made Buffett famous on Wall Street, and countless people flocked to him, waving money at him.
And Lin Ze also knows that in the previous life, the second oil crisis broke out, and the free country’s stock market plummeted.
Buffett took the opportunity to buy 7% of Coca-Cola at a unit price of 10.96 per share for 120 million free coins.
By 1985, Coca-Cola changed its business strategy and began withdrawing its money and investing in beverage production.
The unit price of its stock rose to 51.5 free coins, and Buffett’s investment increased fivefold.
It can be said that Buffett is a master of digging with outstanding vision, in fact, Lin Ze is also copying the bottom when he finds him.
Although the current Buffett is famous on Wall Street, he is actually far from the peak of his career 8.
At this time, it is the best time to copy this future stock god.
Lin Ze is about to bottom oil futures, and when the oil crisis breaks out, his value will skyrocket I don’t know how many times.
As history is any guide, this time the oil crisis, the free country’s stock market will definitely plummet.
It is also the best time to dig the bottom, and Lin Ze will certainly not miss this once-in-a-lifetime opportunity.
This time, Lin Ze wants to take a good look.
First copy oil futures, then copy Buffett, and finally copy the free country stock market!
And in the face of the huge rich Lin Ze from Hong Kong Island, Buffett at this time can not ignore it at all.
…………
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