Wall Street Legend

  Chapter 156 Meeting

Managing a company is by no means an easy task, especially when there are already hundreds of people under his command. This makes it necessary to build a complete set of rules and regulations to restrain the employees, and let some senior managers supervise the ordinary employees. Ye Dongqing only needs to Supervise these executives.

The United States has a relatively complete professional manager system, and the family inheritance model is not recognized by mainstream concepts, because Lao Tzu is capable, but being a son or daughter is not necessarily capable, relying on family relationships rather than personal ability to decide who manages the company is often One of the secrets to keeping a business alive at the expense of other shareholders and company employees is to always find the smartest people to help run the company.

  Professional manager system is established on the basis of perfect rule of law in the business field and good social reputation. The reason why Chinese Americans don’t trust outsiders is mainly because they worry that others will occupy their own and future generations’ wealth after they have power.

  The famous Chinese-American who founded Wang An Computer Company was determined to bypass many shareholders and let his son inherit the position of CEO because of his willful decision. This made the decision-making mistakes and quickly declined.

There is no need for Ye Dongqing to worry. The shares are all in his hands. So far, he has not had the idea of ​​making his descendants successful. The model has given him a very good wealth inheritance experience. If he wants to have a child in this life, he needs to learn more.

   After returning from London, he put his things at home. At this moment, he called the executives of the Freshwater Investment Group, a total of ten, to sit together in a spacious conference room for a meeting.

Half of them are not familiar faces. They have just joined here not long ago, and their resumes seem to be carved out of the same mold. They all graduated from top universities, and they all have experience in investment banks, brokerages, funds, venture capital and other industries. With more than five years of work experience, Ms. Vigo has become a low-level role compared to them, but Ye Dongqing has no intention of persuading her to give up her position, at least not in the short term.

   "I have been working in the company for a while, how do you feel?"

  Ye Dongqing wore a white suit and a black tie today. If she hadn't been in good shape, and her youthful appearance was so handsome, she wouldn't be able to suppress this color scheme, and she looked full of vitality.

"Very good. Boss, your three crude oil futures operations are beyond my belief. You have caught all the large fluctuations in the short term. If I hadn't seen them during the interview, I would have thought you were forty or fifty years old. A keen eye needs enough experience in the industry, so it is even more powerful."

It’s flattering. The person who spoke was named Adam. He used to work for GEICO insurance company owned by Berkshire Hathaway. The old stock **** just bought this company in 1996. Considering the daily life in that environment, It's normal to be glib.

   "Thank you for the compliment. I still misjudged the form during the second transaction. Otherwise, I would have got a private jet, so I have to be more careful in the future." Ye Dongqing said with a smile, he likes this kind of subtle flattery.

   "I'm also paying attention to crude oil futures. This time the drop is too severe, and it is very likely to rebound in the near future. Boss, do you have any ideas?"

  "No, no, no, not for the time being, it is indeed possible to rise slightly next time, but this high cliff-like decline has made many speculators lose confidence, and without the support of good news, the short-term increase will never be too large.

  We still have more important business, such as continuing to eat the shares of those Internet companies. The short-term speculative risk is too high. Now we should continue to consider the issue of long-term investment. In my opinion, they are worth investing in. "

  As soon as Ye Dongqing finished speaking, a middle-aged Jew asked him: "But we need to pay a large amount of money to investors every day. If we only rely on investing in stocks in the future, how can we achieve profitability?"

"I understand what you mean, Adrian. But my company has been making money, hasn't it? I can make money now, and I will only make more money in the future. Investing in stocks can also get high returns. You just need to follow my ideas To manage this company well, the funds on the books are now so abundant that there is no need to consider dividends..."

The Internet stocks he invested in have lost a lot of money recently. The Nasdaq has gone up and down, and it is still at more than 2,200 points. Investors are beginning to return to rationality, and market confidence is still insufficient. For those companies supported by profits, such as Microsoft, Oracle, etc., the market capitalization has returned to normal values, and the price-earnings ratio has remained at around 20. There are almost no bubbles, but they are not underestimated.

Not only the newly joined Jew Mr. Adrian De Niro has doubts, but other executives are also worried. From the perspective of asset allocation, it is almost impossible to make money from bonds and currencies, and all their hopes are pinned on The Internet section, combined with the current situation, does not seem to be a safe approach.

It is impossible for Ye Dongqing to give up part of his interests to invest in other industrial stocks with relatively small returns in order to cater to their ideas, so he decisively stopped this topic and discussed how to continue to expand the business scope of Golden Island Financial Management Company. The meeting continued until the end of the day.

They didn't dare to let the employees work overtime, because the wages were too high, and the Danshui Investment Group quickly disappeared, while Ye Dongqing came to the Dalton School in the upper city to pick up the girls to go out to eat...****** ****

  Recently, Edward Johnson Jr. has stopped socializing and showing off like before. He has become what others call a fool. He hides at home and is unwilling to go out, and often loses his temper.

How happy he was when he hurt Ye Dongqing in front of his friends, but now his face hurts. Others don't care how much money they should have made, they only know that the young Chinese did make a lot of money, and the little Edward rejoiced in vain, but in the end he didn't make any money, and even lost some money.

After a week-long cooling-off period, little Edward finally thought about turning around and asking Ye Dongqing for help. He really wanted to say that he would continue to cooperate, but he couldn't hold back his face, so he came up with a compromise method and asked someone to help investigate Ye Dongqing. Dongqing's asset allocation model, I want to find clues from it, and then learn from it.

I don’t have enough brains, so it’s the right way to learn from smart people. However, when a folder was delivered to little Edward, this guy changed his mind again. Keep going, seeing the names of those Internet companies, I am not optimistic from the bottom of my heart.

  Finally gave up on the idea of ​​follow-through investments, put them aside, and just focused on Facebook, a company he’d love to invest in now…

  (end of this chapter)