Manhattan Reborn 1978
Chapter 547 Sam and Brandes
New York, evening.
Manhattan, upstairs at Wildfire Bar on 42nd Street.
In David's study.
Sam Rogers, who rushed over from get off work early on Wall Street, accompanied Mu Brandes, who had just returned from Omaha, and gave David a very detailed work report.
Sam Rogers held a work notebook in his hand and said to David: "The first funds from Sidrich's family trust investment have entered the account of our fund branch, totaling [-] million yuan."
"Subsequently, before next Tuesday, the remaining three investments, totaling approximately [-] million yuan, will also be entered into the account of our fund branch in batches."
"Before I came over, I asked Erwin, the company's financial director, to go to Mr. Nelent Ramon, Stanley's CEO, and transfer all the 5600 million funds + the income stipulated in the contract + the temporary lending interest back to Stanley's designation. Bank Account."
"The money that Bernard Madoff got back... is a perfect solution~"
"Ok!"
After David checked this item off in his work notebook, he breathed a sigh of relief and smiled at Sam and Brandes.
"Now... we no longer have to worry about looking for money~"
"Hahaha~"
Sam and Brandes also laughed heartily.
These two financial practitioners, who are well versed in the survival rules of Wall Street, certainly know that the most important thing to become famous in the financial investment industry is never a smart mind and outstanding abilities!
Rather. .resource! ! !
If you don’t have money, how can you do financial investment?
Whoever can find large sums of money that can be used as a fulcrum from various channels is the most popular person on Wall Street!
From this point of view alone, Sam Rogers and Mu Brandes combined are not as good as Bernard Madoff. .
. . .
David glanced at the large folder in Sam's hand, waved to him, and smiled.
"Bernard Madoff, have you been contacted?"
"Yes!"
"What do you think of him?"
Sam Rogers' eyes flickered a few times, and he thought seriously for a moment before speaking.
"My personal opinion of him...he is not a reliable guy!"
"..All right!"
"Mu, what about you?"
"Uh...hehe~"
Mu Brandes smiled helplessly, showed his hands to David and said: "The stock market crash in 69 gave countless people a taste of the power of the bear market."
"The oil crisis that suddenly broke out in 73 caused many Wall Street investment funds and investment companies to lose all their investors' money within a few months."
"In recent years, many investors believe that companies or funds on Wall Street that dare to promise people high returns are trying to commit financial investment fraud."
"So, since the year before last, investors have become much more cautious!"
"Bernard Madoff took advantage of the trust others placed in him to raise money, promising fixed returns, but never told them any real investment plan."
"If you hadn't accepted the money from him..."
"He can only use the trick of tearing down the east wall to repair the west wall, and continue to play this brainless and low-IQ scam~"
"Until one day, his credit completely collapsed, or the financial gap he created reached an unimaginable level."
After Mu Brandes finished speaking, he looked at David with his mouth closed, waiting for his evaluation~
David smiled, nodded, gave him a thumbs up, and said.
"Ginger, you are still cool with age! I admire you!"
"Sam, you need to be separated some more!"
"This is at my house, just the three of us..."
"You can definitely say whatever you think~"
"next time.."
"I understand!" Sam Rogers smiled as his body, which had been slightly tense just now, slowly relaxed a little.
"Hahaha~"
"Ok!"
"Shall we continue?"
"Ok!"
. . .
Sam put down the notebook in his hand, opened the large folder, took out a page from it, handed it to David, and continued.
"During the time when the company was established, I followed your instructions and conducted multiple rounds of screening and analysis of all stocks in the three major stock markets (New York Stock Exchange, MiX, and Nasdaq)~"
"What you see are the final results of our analysis."
"Chevron Corporation!"
"Chevron, as the largest oil company in China today, occupies the first place in the oil exploration, mining, smelting, sales, etc., and petrochemical industries!"
"What if another oil crisis breaks out across the world..."
"Chevron's stock price will definitely attract everyone's attention!"
"Um..!"
David looked at the information collected by Sam in his hand, frowned, nodded, and said after pondering.
"Chevron is the largest oil company that was spun off from the Rockefeller family's Standard Oil Company, right?"
"Yes!"
"... Before Christmas, you can buy some scattered Chevron stocks in the market~"
"After I meet old David and say hello to him, we will make a big purchase!"
"Forehead.."
Sam Rogers hesitated for a moment, and then smiled bitterly under David's curious and encouraging gaze.
"You want to say hello to old David...How many stocks do you want to buy?"
"Of course, just buy as much as you can!"
"...I suggest you, don't do this!"
"Oh?"
David made a gesture of invitation to Sam with great interest, and asked with a smile: "What's your reason...?"
Sam lowered his head, pulled out another small stack of information from the folder, placed it in front of David, and explained.
"Based on the information we have collected and after comprehensive analysis, we have listed some companies whose stock price growth may exceed the growth of Chevron's stock in the next three years."
"Okay! Let me take a look first, then you continue talking!"
David looked through the information in his hand and pretended to be listening.
"Um.."
"From the perspective of the overall development of the oil industry, Chevron has now entered a development bottleneck period!"
"Without the outbreak of this oil crisis, Chevron would have entered a period of quiet and slow growth after digesting the development dividend period brought by the last oil crisis."
"So, its stock price will not rise to a high level quickly during the oil crisis from a price underestimated by the market like that of small and medium-sized companies in the oil industry!"
"Hmm... Chevron's stock price is now about 25 yuan?"
"Yes!"
"In recent months, Chevron's stock price has been hovering around 25 yuan."
"But the stock prices of several small and medium-sized oil companies listed below are only a few yuan..."
"Oh...you mean the United Petroleum Company?"
"No!"
"It's the American Oil Company, the United Oil Company."
"..ok!"
"You analyze...how much will it rise?"
Sam smiled confidently and said, "If the price of oil doubles during this oil crisis, Chevron's stock price will rise at least 1-5 times!"
"The stock prices of these two small and medium-sized oil companies will rise at least 2-3 times!"
"Well.."
David raised his head and looked at Sam, and smiled: "I once predicted the peak oil price of this round of oil crisis to Mr. Morgan and the others."
"Now it's your turn to predict!"
"How many do you think it will be?"
Sam raised his eyebrows, squeezed out four deep wrinkles on his forehead, and smiled bitterly.
"I'm just making random guesses... There's no basis for that~"
"Hahaha~"
"Who is not making random guesses? Me too!"
"It's okay~ You can say whatever you want!"
"..ok~"
"I guess... it will at least rise to more than 30 meters."
"Hehe~"
David turned to look at Mu Brandes and asked, "What about you? How much do you think the price of oil will rise?"
"40 meters!"
"Oh? Are you so sure?"
Brandes smiled and asked David: "I guess the price you predict may be higher than the 40 meters I mentioned, right?"
"Hahaha~"
"That's right!"
"I think the peak of international oil price futures will definitely exceed 40 yuan!"
"Even... it will reach about 45 meters!"
"hiss.."
"The current oil price is less than 14 yuan..."
"If the price of oil tripled..."
Although Sam had already boldly predicted the oil price in his mind, he had also done a lot of related investigations and analysis. .
But after experiencing the last oil crisis, the crazy rise in oil prices that tripled again still made Sam feel dizzy. .It feels incredible!
"Clang clang clang~"
David tapped his fingers on the table, waking up Sam who was a little distracted, and smiled.
"Only we know about this... okay?"
"Okay!" Sam and Brandes nodded seriously.
"Hehe~"
"Okay, don't be so nervous."
"Sam, keep going!"
"ok~"
"In addition to companies related to the oil industry, we have also discovered many companies with investment potential from other industries, such as: Bank of St. Louis and Los Angeles Bank."
"In the pharmaceutical industry: Roche, Pearson, Abbott, Pfizer, Johnson & Johnson, Merck, Bristol-Myers Squibb, Wyeth, etc."
“Mining Industry: Minnesota Mining and Manufacturing Corporation.”
"GeorgiaCottonCo of Agriculture."
"In the daily consumer industry: Philip Morris, Coca-Cola, PepsiCo, McDonald's, Wrigley, Colgate, Heinz Foods, Procter & Gamble, Hershey Foods, General Mills, etc."
"In addition, we are also extremely optimistic about the stock prices of large companies such as AT&T (American Telephone and Telegraph Company), Eastman Kodak (Kodak), IBM (International Business Machines Corporation) and General Electric (General Electric)~"
"And Ford Motor, American Airlines, Army Transport Service, Kroger, Crane, etc."
. . .
After half an hour.
While listening to Sam's introduction, David quickly read through all the information in his hand.
He rubbed his eyes with his hands, feeling some of the soreness between his brows relieved, and then asked Mu Brandes.
"What about you? Anything else to add?"
"Of course!"
Mu Brandes smiled very confidently and said: "I will replenish the stocks of three companies."
"Deutsche Bank, the BBC TV station in the UK, and Sony in the island country."
"Oh?!"
David picked up the pen, wrote down the three companies, and asked: "Sony and Deutsche Bank, I also know some about their status."
"But BBC TV station...?"
"Why do you think its stock price will rise?"
"No! You misunderstood~"
"I recommend buying BBC TV shares, not just for investment, but for... next year's prime ministerial election!"
David was stunned for a few seconds, and suddenly recalled the things he had experienced when he was in London, and the history in his memory that he had thought about. .
Margaret Thatcher! ! ? ?
Was she elected Prime Minister next year?
like. .Yes. .Bar?
Emm. .
should be!
After David slowly confirmed this in his mind, when he looked at Mu Brandes, he still asked with a trace of doubt in his eyes.
"Is it too late to get involved now?"
"of course not!"
Mu Brandes adjusted his sitting posture, put his hands on his knees, leaned forward, looked directly into David's eyes and asked.
"You and old Mr. Morgan were on the plane to London together. You weren't the only two on the plane, were you?"
"Uh...yes!"
"We also have General Electric CEO Begnino Odesette with us."
"Then guess...Why did the CEO of General Electric go to London with you?"
"..."
David held his chin with one hand and slowly fell into thought.
Mu Brandes paused for a few seconds and continued to ask: "Do you know the history and main business of General Electric Company?"
"History...know some~"
"Main business...?"
"I don't quite understand."
"Hehe~"
"General Electric has never had a so-called main business!"
“They do everything and are willing to try anything!”
"It ranges from engineering machinery, aircraft engines, aerospace equipment, etc. to small ones such as light bulbs, calculators, plastic products, etc."
"They will do whatever they think can make money!"
"In 1939, it had only about thirty factories in the country..."
"By 1947, the number had increased to 125."
"At the end of 1976, it had 35 manufacturing plants in 224 states."
“而在1972年,它在国外的子公司计有:欧洲33家、加拿大10家、拉丁美洲24家、亚洲11家、澳大利亚3家、非洲1家。”
"By the end of 1976, it had a total of 24 manufacturing plants in 113 countries around the world, becoming a huge multinational company."
"So, General Electric Company will also be called...a hodgepodge company by many people~"
"..oh!!"
"You mean... Odyssey went to London with us to take the opportunity to find new... prey?"
"That's right!"
Mu Brandes looked at David with sharper eyes and whispered.
"Due to the diversification of General Electric's operations over the years and its products involving many industry fields, it has to actively engage in reforms in corporate organization and management in the face of fierce market competition."
"In the early 50s, the company completely adopted a decentralized divisional system."
"At that time, the entire company was divided into 20 business divisions. Each business division operated independently and was accounted for separately."
"In 1963, when Boych took over as CEO, the company's organizational structure was divided into five group groups, 5 divisions and 25 departments."
"At that time, the company's sales were in a period of stagnation, with sales of only about 50 billion yuan within five years."
"After 1967, the company's business grew rapidly, with sales of almost every group reaching US$16 billion."
“CEO Boqi believes that after the company’s business expands, the original organizational structure can no longer adapt to the rapid development~”
“于是,他把5个集团组扩充到10个,把25个分部扩充到50个,110个部门扩充到170个。”
"In addition, he also reorganized the leadership structure and appointed 8 new group general managers, 33 division managers and 100 new department heads."
"At the same time, he also established a board of directors composed of five people. Their responsibility is to supervise the entire company and formulate relatively long-term basic strategies for the company."
“从1966年到1976年的11年中,通用电气公司的销售额增长了一倍,由71.77亿米元增加到156.97亿米元;纯利润由3.39亿米元增加到9.31亿米元。”
"During the same period, its total fixed assets also increased from 27.57 billion yuan to 76 billion yuan."
"However, after Begnino Odesette took over as CEO of General Electric in 1972, he was worried that there might be a relatively long-term economic downturn in the 80s. By the end of 1977, he further reorganized the company's management system."
"In January 1978, General Electric began to implement an executive department system, which is also a super-division system."
"This system is to establish a super-business department on top of each business department to govern and coordinate the activities of each business department. That is, there is an additional level of management above the business departments."
"This new management model implemented by Odyssey, on the one hand, allows the top leadership organization to reduce daily work and concentrate on mastering decision-making strategic plans related to enterprise development; on the other hand, it also enhances the flexibility of the enterprise."
"After the reorganization, he and his two deputies can form the executive bureau of the top leadership body, which will be responsible for long-term strategic planning, dealing with the government, studying the tax system, etc."
. . .
After listening to Mu Brandes' introduction to General Electric Company, David suddenly had a strange thought in his mind. .
He frowned and stared at Mu Brandes for a while before asking.
"Do you think that after I get engaged to Lilith, I can get help from old Morgan...??"
"No!"
"You misunderstood~"
"I just made a suggestion to you...in case you have to face questions about General Electric Company so that you can give a satisfactory answer more calmly~"
"..All right!"
David couldn't help but smile and shake his head, pointed at Mu Brandes and said: "You guy..."
"How come you've learned how to behave in a reserved manner like Sam?"
"Hehe~"
"Don't you just want to say... that all the weird ideas I come up with, after they are realized one by one and the company is established, can be sold directly to General Electric Company at a high price?!"
"I...have never thought of it this way!"
Mu Brandes shrugged and asked: "Then why do you want to drag Nelent Ramon into the disposable lighter business?"
"Um...that's just a coincidence!"
"Oh~"
"you.."
David scratched his head with his hand, smiled bitterly, and said, "Forget it~"
"I guess I understand what you mean~!"
"You suggested that I buy BBC shares because you wanted to test old Morgan...or Odyssey's intention, right??"
"..."
"Then, we can use this topic to lay the groundwork for the many businesses in my mind that can be cooperated with General Electric?"
"..."
"Hehe~"
"You guy, are you thinking about all this all day long?"
Mu Brandes leaned back and said with a smile: "No~"
"Speaking of which, my biggest gain after going to Omaha this time and meeting Warren Buffett is... a better understanding of long-term + deep investment~"
David also leaned back and said with a smile: "You also want to learn from Buffett's...picking cigarette butts style of value investing?"
"Hahaha~"
"nonono!"
"I can't agree with his theory~"
"This metaphor of it... is so disgusting!"
"Hahaha~"
PS: A large company in the pharmaceutical field, Roche Group, was founded in 1896.
Genentech in the United States is a wholly-owned subsidiary of the Roche Group; the controlling shareholder of the Japanese Chugai Pharmaceutical Co., Ltd. (Chugai) is also a Roche company.
3M Company, namely: Minnesota Mining and Manufacturing Company (full name: Minnesota Mining and Manufacturing), was founded in 1902 and is headquartered in St. Paul, Minnesota, USA. It is a world-famous multinational enterprise with diversified products.
The Kroger Company was founded in 1889 and mainly engaged in daily groceries. Through unremitting efforts, Kroger developed its company from mainly operating small grocery stores to operating supermarkets.
General Mills (NYSE: GIS) is a Fortune 500 company, mainly engaged in food production business, and is the sixth largest food company in the world.
The company was founded in 1866 and is headquartered in Golden Valley, Minneapolis, Minnesota, USA.
Its company's main brands include Häagen-Dazs, Betty Crocker, Guo Ran Duo, Hulk, Wanchai Ferry and Weibang and other breakfast cereal brands.
Another: After the merger of Exxon Petroleum Company and Mobil Oil Company in 1999, the new company: Exxon Mobil, surpassed the original boss, Chevron Petroleum Company of California, to become the largest oil company in the United States.
Therefore, before 99, Chevron was the largest oil company in the United States.
Manhattan, upstairs at Wildfire Bar on 42nd Street.
In David's study.
Sam Rogers, who rushed over from get off work early on Wall Street, accompanied Mu Brandes, who had just returned from Omaha, and gave David a very detailed work report.
Sam Rogers held a work notebook in his hand and said to David: "The first funds from Sidrich's family trust investment have entered the account of our fund branch, totaling [-] million yuan."
"Subsequently, before next Tuesday, the remaining three investments, totaling approximately [-] million yuan, will also be entered into the account of our fund branch in batches."
"Before I came over, I asked Erwin, the company's financial director, to go to Mr. Nelent Ramon, Stanley's CEO, and transfer all the 5600 million funds + the income stipulated in the contract + the temporary lending interest back to Stanley's designation. Bank Account."
"The money that Bernard Madoff got back... is a perfect solution~"
"Ok!"
After David checked this item off in his work notebook, he breathed a sigh of relief and smiled at Sam and Brandes.
"Now... we no longer have to worry about looking for money~"
"Hahaha~"
Sam and Brandes also laughed heartily.
These two financial practitioners, who are well versed in the survival rules of Wall Street, certainly know that the most important thing to become famous in the financial investment industry is never a smart mind and outstanding abilities!
Rather. .resource! ! !
If you don’t have money, how can you do financial investment?
Whoever can find large sums of money that can be used as a fulcrum from various channels is the most popular person on Wall Street!
From this point of view alone, Sam Rogers and Mu Brandes combined are not as good as Bernard Madoff. .
. . .
David glanced at the large folder in Sam's hand, waved to him, and smiled.
"Bernard Madoff, have you been contacted?"
"Yes!"
"What do you think of him?"
Sam Rogers' eyes flickered a few times, and he thought seriously for a moment before speaking.
"My personal opinion of him...he is not a reliable guy!"
"..All right!"
"Mu, what about you?"
"Uh...hehe~"
Mu Brandes smiled helplessly, showed his hands to David and said: "The stock market crash in 69 gave countless people a taste of the power of the bear market."
"The oil crisis that suddenly broke out in 73 caused many Wall Street investment funds and investment companies to lose all their investors' money within a few months."
"In recent years, many investors believe that companies or funds on Wall Street that dare to promise people high returns are trying to commit financial investment fraud."
"So, since the year before last, investors have become much more cautious!"
"Bernard Madoff took advantage of the trust others placed in him to raise money, promising fixed returns, but never told them any real investment plan."
"If you hadn't accepted the money from him..."
"He can only use the trick of tearing down the east wall to repair the west wall, and continue to play this brainless and low-IQ scam~"
"Until one day, his credit completely collapsed, or the financial gap he created reached an unimaginable level."
After Mu Brandes finished speaking, he looked at David with his mouth closed, waiting for his evaluation~
David smiled, nodded, gave him a thumbs up, and said.
"Ginger, you are still cool with age! I admire you!"
"Sam, you need to be separated some more!"
"This is at my house, just the three of us..."
"You can definitely say whatever you think~"
"next time.."
"I understand!" Sam Rogers smiled as his body, which had been slightly tense just now, slowly relaxed a little.
"Hahaha~"
"Ok!"
"Shall we continue?"
"Ok!"
. . .
Sam put down the notebook in his hand, opened the large folder, took out a page from it, handed it to David, and continued.
"During the time when the company was established, I followed your instructions and conducted multiple rounds of screening and analysis of all stocks in the three major stock markets (New York Stock Exchange, MiX, and Nasdaq)~"
"What you see are the final results of our analysis."
"Chevron Corporation!"
"Chevron, as the largest oil company in China today, occupies the first place in the oil exploration, mining, smelting, sales, etc., and petrochemical industries!"
"What if another oil crisis breaks out across the world..."
"Chevron's stock price will definitely attract everyone's attention!"
"Um..!"
David looked at the information collected by Sam in his hand, frowned, nodded, and said after pondering.
"Chevron is the largest oil company that was spun off from the Rockefeller family's Standard Oil Company, right?"
"Yes!"
"... Before Christmas, you can buy some scattered Chevron stocks in the market~"
"After I meet old David and say hello to him, we will make a big purchase!"
"Forehead.."
Sam Rogers hesitated for a moment, and then smiled bitterly under David's curious and encouraging gaze.
"You want to say hello to old David...How many stocks do you want to buy?"
"Of course, just buy as much as you can!"
"...I suggest you, don't do this!"
"Oh?"
David made a gesture of invitation to Sam with great interest, and asked with a smile: "What's your reason...?"
Sam lowered his head, pulled out another small stack of information from the folder, placed it in front of David, and explained.
"Based on the information we have collected and after comprehensive analysis, we have listed some companies whose stock price growth may exceed the growth of Chevron's stock in the next three years."
"Okay! Let me take a look first, then you continue talking!"
David looked through the information in his hand and pretended to be listening.
"Um.."
"From the perspective of the overall development of the oil industry, Chevron has now entered a development bottleneck period!"
"Without the outbreak of this oil crisis, Chevron would have entered a period of quiet and slow growth after digesting the development dividend period brought by the last oil crisis."
"So, its stock price will not rise to a high level quickly during the oil crisis from a price underestimated by the market like that of small and medium-sized companies in the oil industry!"
"Hmm... Chevron's stock price is now about 25 yuan?"
"Yes!"
"In recent months, Chevron's stock price has been hovering around 25 yuan."
"But the stock prices of several small and medium-sized oil companies listed below are only a few yuan..."
"Oh...you mean the United Petroleum Company?"
"No!"
"It's the American Oil Company, the United Oil Company."
"..ok!"
"You analyze...how much will it rise?"
Sam smiled confidently and said, "If the price of oil doubles during this oil crisis, Chevron's stock price will rise at least 1-5 times!"
"The stock prices of these two small and medium-sized oil companies will rise at least 2-3 times!"
"Well.."
David raised his head and looked at Sam, and smiled: "I once predicted the peak oil price of this round of oil crisis to Mr. Morgan and the others."
"Now it's your turn to predict!"
"How many do you think it will be?"
Sam raised his eyebrows, squeezed out four deep wrinkles on his forehead, and smiled bitterly.
"I'm just making random guesses... There's no basis for that~"
"Hahaha~"
"Who is not making random guesses? Me too!"
"It's okay~ You can say whatever you want!"
"..ok~"
"I guess... it will at least rise to more than 30 meters."
"Hehe~"
David turned to look at Mu Brandes and asked, "What about you? How much do you think the price of oil will rise?"
"40 meters!"
"Oh? Are you so sure?"
Brandes smiled and asked David: "I guess the price you predict may be higher than the 40 meters I mentioned, right?"
"Hahaha~"
"That's right!"
"I think the peak of international oil price futures will definitely exceed 40 yuan!"
"Even... it will reach about 45 meters!"
"hiss.."
"The current oil price is less than 14 yuan..."
"If the price of oil tripled..."
Although Sam had already boldly predicted the oil price in his mind, he had also done a lot of related investigations and analysis. .
But after experiencing the last oil crisis, the crazy rise in oil prices that tripled again still made Sam feel dizzy. .It feels incredible!
"Clang clang clang~"
David tapped his fingers on the table, waking up Sam who was a little distracted, and smiled.
"Only we know about this... okay?"
"Okay!" Sam and Brandes nodded seriously.
"Hehe~"
"Okay, don't be so nervous."
"Sam, keep going!"
"ok~"
"In addition to companies related to the oil industry, we have also discovered many companies with investment potential from other industries, such as: Bank of St. Louis and Los Angeles Bank."
"In the pharmaceutical industry: Roche, Pearson, Abbott, Pfizer, Johnson & Johnson, Merck, Bristol-Myers Squibb, Wyeth, etc."
“Mining Industry: Minnesota Mining and Manufacturing Corporation.”
"GeorgiaCottonCo of Agriculture."
"In the daily consumer industry: Philip Morris, Coca-Cola, PepsiCo, McDonald's, Wrigley, Colgate, Heinz Foods, Procter & Gamble, Hershey Foods, General Mills, etc."
"In addition, we are also extremely optimistic about the stock prices of large companies such as AT&T (American Telephone and Telegraph Company), Eastman Kodak (Kodak), IBM (International Business Machines Corporation) and General Electric (General Electric)~"
"And Ford Motor, American Airlines, Army Transport Service, Kroger, Crane, etc."
. . .
After half an hour.
While listening to Sam's introduction, David quickly read through all the information in his hand.
He rubbed his eyes with his hands, feeling some of the soreness between his brows relieved, and then asked Mu Brandes.
"What about you? Anything else to add?"
"Of course!"
Mu Brandes smiled very confidently and said: "I will replenish the stocks of three companies."
"Deutsche Bank, the BBC TV station in the UK, and Sony in the island country."
"Oh?!"
David picked up the pen, wrote down the three companies, and asked: "Sony and Deutsche Bank, I also know some about their status."
"But BBC TV station...?"
"Why do you think its stock price will rise?"
"No! You misunderstood~"
"I recommend buying BBC TV shares, not just for investment, but for... next year's prime ministerial election!"
David was stunned for a few seconds, and suddenly recalled the things he had experienced when he was in London, and the history in his memory that he had thought about. .
Margaret Thatcher! ! ? ?
Was she elected Prime Minister next year?
like. .Yes. .Bar?
Emm. .
should be!
After David slowly confirmed this in his mind, when he looked at Mu Brandes, he still asked with a trace of doubt in his eyes.
"Is it too late to get involved now?"
"of course not!"
Mu Brandes adjusted his sitting posture, put his hands on his knees, leaned forward, looked directly into David's eyes and asked.
"You and old Mr. Morgan were on the plane to London together. You weren't the only two on the plane, were you?"
"Uh...yes!"
"We also have General Electric CEO Begnino Odesette with us."
"Then guess...Why did the CEO of General Electric go to London with you?"
"..."
David held his chin with one hand and slowly fell into thought.
Mu Brandes paused for a few seconds and continued to ask: "Do you know the history and main business of General Electric Company?"
"History...know some~"
"Main business...?"
"I don't quite understand."
"Hehe~"
"General Electric has never had a so-called main business!"
“They do everything and are willing to try anything!”
"It ranges from engineering machinery, aircraft engines, aerospace equipment, etc. to small ones such as light bulbs, calculators, plastic products, etc."
"They will do whatever they think can make money!"
"In 1939, it had only about thirty factories in the country..."
"By 1947, the number had increased to 125."
"At the end of 1976, it had 35 manufacturing plants in 224 states."
“而在1972年,它在国外的子公司计有:欧洲33家、加拿大10家、拉丁美洲24家、亚洲11家、澳大利亚3家、非洲1家。”
"By the end of 1976, it had a total of 24 manufacturing plants in 113 countries around the world, becoming a huge multinational company."
"So, General Electric Company will also be called...a hodgepodge company by many people~"
"..oh!!"
"You mean... Odyssey went to London with us to take the opportunity to find new... prey?"
"That's right!"
Mu Brandes looked at David with sharper eyes and whispered.
"Due to the diversification of General Electric's operations over the years and its products involving many industry fields, it has to actively engage in reforms in corporate organization and management in the face of fierce market competition."
"In the early 50s, the company completely adopted a decentralized divisional system."
"At that time, the entire company was divided into 20 business divisions. Each business division operated independently and was accounted for separately."
"In 1963, when Boych took over as CEO, the company's organizational structure was divided into five group groups, 5 divisions and 25 departments."
"At that time, the company's sales were in a period of stagnation, with sales of only about 50 billion yuan within five years."
"After 1967, the company's business grew rapidly, with sales of almost every group reaching US$16 billion."
“CEO Boqi believes that after the company’s business expands, the original organizational structure can no longer adapt to the rapid development~”
“于是,他把5个集团组扩充到10个,把25个分部扩充到50个,110个部门扩充到170个。”
"In addition, he also reorganized the leadership structure and appointed 8 new group general managers, 33 division managers and 100 new department heads."
"At the same time, he also established a board of directors composed of five people. Their responsibility is to supervise the entire company and formulate relatively long-term basic strategies for the company."
“从1966年到1976年的11年中,通用电气公司的销售额增长了一倍,由71.77亿米元增加到156.97亿米元;纯利润由3.39亿米元增加到9.31亿米元。”
"During the same period, its total fixed assets also increased from 27.57 billion yuan to 76 billion yuan."
"However, after Begnino Odesette took over as CEO of General Electric in 1972, he was worried that there might be a relatively long-term economic downturn in the 80s. By the end of 1977, he further reorganized the company's management system."
"In January 1978, General Electric began to implement an executive department system, which is also a super-division system."
"This system is to establish a super-business department on top of each business department to govern and coordinate the activities of each business department. That is, there is an additional level of management above the business departments."
"This new management model implemented by Odyssey, on the one hand, allows the top leadership organization to reduce daily work and concentrate on mastering decision-making strategic plans related to enterprise development; on the other hand, it also enhances the flexibility of the enterprise."
"After the reorganization, he and his two deputies can form the executive bureau of the top leadership body, which will be responsible for long-term strategic planning, dealing with the government, studying the tax system, etc."
. . .
After listening to Mu Brandes' introduction to General Electric Company, David suddenly had a strange thought in his mind. .
He frowned and stared at Mu Brandes for a while before asking.
"Do you think that after I get engaged to Lilith, I can get help from old Morgan...??"
"No!"
"You misunderstood~"
"I just made a suggestion to you...in case you have to face questions about General Electric Company so that you can give a satisfactory answer more calmly~"
"..All right!"
David couldn't help but smile and shake his head, pointed at Mu Brandes and said: "You guy..."
"How come you've learned how to behave in a reserved manner like Sam?"
"Hehe~"
"Don't you just want to say... that all the weird ideas I come up with, after they are realized one by one and the company is established, can be sold directly to General Electric Company at a high price?!"
"I...have never thought of it this way!"
Mu Brandes shrugged and asked: "Then why do you want to drag Nelent Ramon into the disposable lighter business?"
"Um...that's just a coincidence!"
"Oh~"
"you.."
David scratched his head with his hand, smiled bitterly, and said, "Forget it~"
"I guess I understand what you mean~!"
"You suggested that I buy BBC shares because you wanted to test old Morgan...or Odyssey's intention, right??"
"..."
"Then, we can use this topic to lay the groundwork for the many businesses in my mind that can be cooperated with General Electric?"
"..."
"Hehe~"
"You guy, are you thinking about all this all day long?"
Mu Brandes leaned back and said with a smile: "No~"
"Speaking of which, my biggest gain after going to Omaha this time and meeting Warren Buffett is... a better understanding of long-term + deep investment~"
David also leaned back and said with a smile: "You also want to learn from Buffett's...picking cigarette butts style of value investing?"
"Hahaha~"
"nonono!"
"I can't agree with his theory~"
"This metaphor of it... is so disgusting!"
"Hahaha~"
PS: A large company in the pharmaceutical field, Roche Group, was founded in 1896.
Genentech in the United States is a wholly-owned subsidiary of the Roche Group; the controlling shareholder of the Japanese Chugai Pharmaceutical Co., Ltd. (Chugai) is also a Roche company.
3M Company, namely: Minnesota Mining and Manufacturing Company (full name: Minnesota Mining and Manufacturing), was founded in 1902 and is headquartered in St. Paul, Minnesota, USA. It is a world-famous multinational enterprise with diversified products.
The Kroger Company was founded in 1889 and mainly engaged in daily groceries. Through unremitting efforts, Kroger developed its company from mainly operating small grocery stores to operating supermarkets.
General Mills (NYSE: GIS) is a Fortune 500 company, mainly engaged in food production business, and is the sixth largest food company in the world.
The company was founded in 1866 and is headquartered in Golden Valley, Minneapolis, Minnesota, USA.
Its company's main brands include Häagen-Dazs, Betty Crocker, Guo Ran Duo, Hulk, Wanchai Ferry and Weibang and other breakfast cereal brands.
Another: After the merger of Exxon Petroleum Company and Mobil Oil Company in 1999, the new company: Exxon Mobil, surpassed the original boss, Chevron Petroleum Company of California, to become the largest oil company in the United States.
Therefore, before 99, Chevron was the largest oil company in the United States.
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