Wall Street Legend

  Chapter 213 Value Investing

Mr. McCord felt that Ye Dongqing should calm down a little bit and think carefully about whether he could bear such a big risk, but Ye Dongqing knew that there was no need to think about it at all. There was already a 80% chance of winning, and it was worth the gamble a bet.

Before the brokerages came, people from Boeing came first. After asking about the requirements, they called the headquarters and told them that they could modify the new 747-400 passenger plane to turn it into a mobile sky hotel. , The premise is that the funds are in place, and the decoration will cost at least 20 to 30 million US dollars. Boeing has rich experience in transformation, such as "Air Force One", "Air Force Two" and so on.

First finalize the order. It is said that several designers will be sent over to discuss the layout, interior style, etc. with him. After all, the name has entered the top 100 of the Forbes rich list. No one doubts that Ye Dongqing can't afford the money to buy the plane. , I can only express regret for Airbus. The delivery time has been delayed again and again, and it is obviously not treated as an important customer. Boeing's delivery time is one year, and the other side has to wait for about four years. How can I choose to use it? think?

The growth rate of wealth is faster than imagined. Now you can sacrifice some long-term interests to improve your life. There are many places where you can use private jets for travel, business, and school. Although it is convenient to take an ordinary airliner, it is safe. , privacy, etc. After all, it is not as good as a private jet.

After the talk, he stayed in the office to deal with work matters. He was used to laziness in Hawaii, and faced with a lot of documents, he had a headache. After logging into his mailbox and reading the plan sent by Bonnie Ma, he wrote it in English Two or three thousand words to answer some of the questions.

The reason why he doesn’t use Chinese is because he doesn’t know Pinyin, and he can’t write some characters. Growing up in New York, it was difficult to receive a comprehensive Chinese education. American schools don’t teach students Pinyin, even in Chinatown. The most commonly used fonts are traditional characters. Some traditional cultures that have gradually disappeared on the other side of the Pacific Ocean have been preserved with the migration of Chinese in the past two or three hundred years. Ye Dongqing can speak Mandarin and understand most simplified characters. It is a relatively good type of Chinese American.

Judging from Tencent's current performance, it is worth asking him to invest more energy. Maybe he can help support the development now and bring surprises to Ye Dongqing in the future. The online shopping industry has just developed in this era. If it enters the market quickly, users Accepting the operating model similar to Amazon, it should not be a big problem to earn thirty or fifty Boeing 747s.

Compared with the fierce competition in the United States, not many people paid attention to China's Internet industry at the beginning of 2004. Considering the possible benefits, Ye Dongqing felt that he should pay more attention to it in the near future and invest in a few more companies of his own. A small company that knows its name, compared with the industry giants in the United States that can easily reach hundreds of billions of dollars, there is not even an Internet company with a market value of more than one billion dollars in China, and it is still very short of funds, which is why he entered the market Opportunity.

Look at Tencent, it is not listed yet, but with the sharp increase in performance last year, the money he invested has at least doubled. If he wants to go public on Nasdaq, he can do it anytime, but there is no need for listing and financing for the time being. With the dilution of shares, unnecessary losses are suffered in vain.

Compared with investing in successful giants, investing in small companies is more profitable. This is Ye Dongqing's advantage. He clearly knows which companies' models are easy to succeed, and can also provide development ideas and financial help. More things, not more, wait another five years or so, when these companies bloom everywhere, the profits will be considerable...

Golden Island Wealth Management Company has been laying off staff continuously, and has issued several announcements recently, which makes Carnek, who has just won a golden job recently, start to worry. As one of the oldest employees of Freshwater Fund, Ye Dongqing sent him to California to open up the market , A lot of money was raised last year, and he took more than two million dollars in commission alone.

After finding out that something was wrong, he ran back to New York decisively, trying to learn more information, worried that the channel he had finally built would just disappear with the adjustment of the company's policies. Originally, he thought he could make money for five or ten years, and even did With the dream of becoming a multi-millionaire, how could he not worry about losing his job.

When Ye Dongqing saw him appearing at the door of the office, she walked over to greet him enthusiastically. Last year, he raised more than one billion US dollars from California, becoming one of the company's most important sources of funds. relatively close.

   asked: "Karnake, why are you back, and how is the business over there?"

   "It's not bad. I often meet with the bosses and fund managers in person, and I'm negotiating a few big deals."

It is not American style to speak tactfully, and Carnek asked directly: "I heard that the branches in Texas and Rhode Island were directly cut off. What is going on? God, I Maybe I will lose my job too, do you know how hard I worked last year, every time I gave lessons to salesmen, I would talk about a hoarse throat and take a few days of rest to recover, how can I just say it's over?"

   "...Do you remember, when the Freshwater Fund was first established, I said that even if there are 10 billion dollars, I want it?"

   "Well, what then?" Carneg didn't know why.

Ye Dongqing shrugged her shoulders and spread her hands, "The scale is close to tens of billions of dollars. I don't need that much money anymore. Your worries are unnecessary at the moment. If you really plan to cut off the California project, I will definitely notify you. There is no such thing yet. In terms of plans, at least not for a year, so you can live happily for another year and strive to get more bonus commission.

  " Well, then I have to work very hard this year, and I can retire directly after completing this ticket. I want to save money to buy a small piece of land in Monterey Bay, and live a self-sufficient life from then on.

Our company is different from other fund companies. We return so much fixed interest every year. If there is too much money, the pressure is indeed great. I can understand your approach. Since they are all going to be cut off, in order to make up for my pain, can you add a thousand more to the commission? One-third? Increase to three thousandths? "

   Haven't seen each other for a long time, Ye Dongqing thought it was funny to talk about salary increase as soon as we met, but didn't feel disgusted.

Accompanying me to experience entrepreneurship, many people left at that time, but Carneg chose to stay. Now that the company is successful, it is not too much to ask for a little bit. When I went to California last year, I gave him two people and some startups. There is nothing to say about funds and working ability.

   "Yes, I will tell the financial department later, why do you think of retiring at a young age, most people leave, you can still come back and continue working."

   "No, no, with another two million dollars or so saved, I can achieve financial freedom, of course, the kind that only maintains a low level of daily expenses.

  But I can live the life I like, go fishing every day, grow vegetables, and then work when I want to work. It’s best to open a cafe and be my own boss. I will sell my house in New York...”

  (end of this chapter)