America's Road to Fame

Chapter 266 Apple's Major Shareholder

After Rick Walton's engagement ceremony was over, William Chen talked to him about the conversation between his uncle and William Chen during the dinner that day.

"Yes, he talked to me about it, and as you might expect, I turned him down. I'm glad to hear what you said, William, and it shows that we have the same view on Zoom. Now Walmart Group It’s just mechanical thinking that Amazon is growing so fast in e-commerce that maybe they can try, um, try, that’s all.”

Rick Walton said to Chen William on the phone:
"But our goal is not to be an attempt by Wal-Mart Group, but to help it transform. Without such a status, joining it will only lead to death."

Just like what Chen William said to Rob Walton, he will definitely not agree to sell the current Zoom company, and will only give a valuation of US$15 billion at most, which is of little significance to him.

He is not an entrepreneur of those start-up companies. His expectations for Zoom are far more than that. At present, Zoom has just started serving in three states on the west coast, and New York State on the east coast has just begun to be involved, and the volume is still small. .

At least when Zoom covers most states in the United States, William Chen will consider merging it with Wal-Mart Group, yes, it is a merger, not an acquisition, because only at that time, Zoom’s size can be compared with Wal-Mart Group.

The current Zoom, facing Wal-Mart Group, is just a huge gap between a towering tree and a small grass, and it cannot be equal at all. Even if it is acquired, it will only give Wal-Mart Group a fresh toy.

……

After attending Rick Walton's wedding, Ivanta said to William Chen:
"William, how about we also choose to hold the wedding on the island? I think Rick's engagement wedding is very good, so that there will be no interruptions from reporters."

"I also think it's good, honey, we can ask the planning company what suitable islands are available, and I will charter the entire island to hold our wedding."

For the wedding, William Chen will fully satisfy Ivanta's ideas. For him, it is just a formality, but for most women, it may be once in a lifetime, and it is worth remembering things.

When the two returned to New York, William Chen continued to arrange for Martin to invest US$200 billion of the more than US$150 billion in Meta Investment Company's funds into US stocks.

At this time, the original Tianshu Fund's 200 billion U.S. dollars of investment has already arrived in the account. Before the stock market has fully recovered, he has almost completed the allocation of the stocks he instructed to invest, a total of 150 billion U.S. dollars.

The 150 billion US dollars of Meta Investment Company is still mainly invested in technology stocks such as Apple, Microsoft, and Google.

In particular, Apple stock will account for about half of the $150 billion in funds, reaching a fund of $75 billion.

When the stock absorption is completed this time, the Apple stocks held by various funds in William Chen's hands will soon account for more than 10% of Apple's total share capital, because according to yesterday's closing price, Apple's market value is around 1300 billion US dollars, which is a relatively small increase. At the lowest point of the credit crisis, the stock price rose by more than 15%.

But this is just the beginning. With the upcoming release of the iPhone 4 and the popularity of smart phones, Apple will usher in an explosion in market capitalization.

Of course, if these Apple stocks held by William Chen are combined, they will be very conspicuous, and will immediately become the institution with the highest holdings of Apple stocks.

It's just that the Apple stocks he holds are held by three funds respectively, so they will only appear at the top of Apple's shareholding list and will not be particularly prominent.

It is also worth mentioning that there are still 50 billion US dollars of unused funds in the Tianshu Fund. These funds will definitely not stay in the fund's account forever. They are used entirely to do "dirty work" for William Chen .

To use an analogy, it is like MGM Pictures in the [-]th century. These big Hollywood companies do not mean that all movies need high box office. It also has a great effect on the company's popularity.

For this kind of movie, it is very difficult to make a profit, and it often does not make money or even loses money.

But you can’t stop making films. At this time, you can invest in these films through Tianshu Fund. After all, William Chen is not only involved in Internet technology companies, but entertainment is also a very important direction. Investing in film and television works is a normal operation.

Therefore, in this way, the investment risks of these films can be transferred to Tianshu Fund, and the good reputation is obtained by MGM Pictures in the [-]th century, which is perfect.

And even if it is a commercial film that can make money, it is not impossible to use this method to leave the proceeds to the film company.Many outsiders investing in movies are cheated by the movie companies in the industry in this way.

A very well-known thing is the "Harry Potter" series. It is said that the movies in this series not only failed to make profits, but also lost money. Can you believe it?
But this is how it happened. The movie "Harry Potter and the Order of the Phoenix" has a global box office of more than one billion, but the investors of this movie not only failed to make money, but also lost a lot. Why?

Because according to Warner's data, the production of this movie lost a total of 1.67 million US dollars.Yes, you read that right, at least that's how Warner Bros. accounts.

Therefore, it is a common phenomenon for layman's hot money to enter the film and television industry and be accounted for by film and television companies in various names to transfer profits. The difference is that some are more subtle, and some are directly blatant.

Therefore, William Chen only needs to ask [-]th Century MGM to spend more on certain commercial films, and it is easy to keep the profits from the investment in the company, which is what everyone does anyway.

There are many similar "dirty jobs". The most important purpose is to use the 50 billion US dollars to help their own industry development, and be responsible for the kind of work that does not have much return.

And the other 150 billion U.S. dollars of high returns in the stock market can be successfully invested by the 50 billion U.S. dollars to pull down the rate of return, so that William Chen's Tianshu Fund will not stand out from the crowd too much.

Because there is absolutely no need to seek such a high rate of return, yes, it is still within the experience of William Chen in his previous life, so it is not difficult to obtain a high rate of return.

But what about after this time period?How to maintain such a high rate of return?The so-called promotion of favor and hatred, you let investors get used to high returns, and even if your fund's return rate is not much worse than other funds, it is easy to cause complaints from investors.

Can't overfeed all at once, that's all.

At least William Chen can guarantee that Tianshu Fund, even after such a "diluted" rate of return, will not be lower than Buffett's Berkshire Hathaway, and will be more profitable than this outstanding fund. Higher, which is enough to be worthy of his investors.

……

While William Chen was thinking about future investments, in Europe, Greece's sovereign debt crisis hit.

This also led to the exchange rate of the euro against the US dollar plummeting by nearly 5% in a very short period of time.

This value may not be eye-catching in the stock market, but in the foreign exchange market, it is already a very dangerous signal.

Speaking of the sovereign debt crisis in Greece, we have to talk about it from when they joined the euro zone, and it has some relationship with Goldman Sachs.

Greece has a good geographical location and guards the entrance to Europe, so the shipping industry is very strong, and it should be able to develop well.

However, the public welfare in Greece is very high, causing the government's welfare expenditure to exceed its capacity; and under this so-called "democratic" system in the West, no political party candidate dares to publicly announce the reduction of welfare.

In this way, the welfare that the Greek people can enjoy will naturally increase significantly every few years, and no one will care about the government's high debts.

In 2001, in order to join the Eurozone, Greece had to ask Goldman Sachs Investment Bank to "beautify" its finances.

At that time, the European Union required each country to join the euro zone, its fiscal deficit should not be higher than 3%, and the government debt ratio should not be higher than 60%.However, these two items are impossible for Greece because of the high government spending on welfare.

So Goldman Sachs, as a consultant for Greece, thought of a way to lend 100 billion US dollars to the Greek government and convert Greece's existing foreign debts into long-term debts.

That is to say, within a few years after Greece joins the euro zone, there is no need to repay its debts; in this way, its debts on the government's books will be far below the warning line, and Goldman Sachs will earn [-] million euros from Greece.

(End of this chapter)