Chapter 348: 348
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"Boss, are you sure to buy Berkshire stock at such a high price? The stock of this company has risen from less than $7 a share 23 years ago to nearly $3000 a share now, an increase of more than 400 times! I think the stock price of this company has reached the peak. If we buy this stock, it will be very risky!" David Anderson obviously disagreed with Yang Jing's proposal.
But he doesn't agree or fail. Yang Jing is the boss. The most important thing is that David Anderson doesn't know the miracle of Berkshire Hathaway, but Yang Jing knows it clearly!
Although later generations of Bill Gates and Warren Buffett have been competing for the throne of the world's richest man, and Warren Buffett has only won Bill Gates once, this does not mean that Warren Buffett can't. on the contrary, in some aspects, Buffett, known as the "God of stocks", has done better than gates. For example, Berkshire Hathaway under Buffett's control.
Compared with Microsoft, Buffett's Berkshire Hathaway is also not weak. Yang Jing will not let go of this behemoth whose market value is bigger than Microsoft.
This diversified investment group with a total share capital of only 1645500 shares and only 856000 circulating shares is definitely a wonderful flower.
Berkshire's predecessor was a textile factory on the verge of bankruptcy. In 1964, it was favored by Buffett, who had unique insight at that time. Therefore, under the careful operation of Buffett, who was praised as the "God of stocks" in future generations, this textile factory on the verge of bankruptcy began to come back to life. The share price soared from less than $7 shares at that time to more than $320000 shares in future generations, On January 29, 2018, it created a magical valuation of US $326350 shares, which is a stock with the highest unit price in the world! The market value has also soared from less than 23 million US dollars in 1964 to nearly 500 billion US dollars in 2018. It is one of the top 10 giant enterprises in the Fortune 500!
Yes, compared with 1964, Berkshire's valuation has indeed soared 400 times, but compared with 2018, the price of less than $3000 a share is far from it. Even if you buy Berkshire's stock from now, it will increase 100 times after 30 years!
How can Yang Jing let go of this stock?
"Well, you are the boss. Now that you have given orders, I must obey them." David Anderson looked a little reluctant.
Yang Jing said: "David, I'm not trying to force you. I'm just very optimistic about this stock, just as you are optimistic about Microsoft and Oracle, and I'm also very optimistic about Berkshire. According to my analysis, if nothing happens, the price of this stock will rise about twice in three years, almost reaching the price of $9000 a share in five years , the price of this stock is bound to exceed 15000 dollars. As for the more distant future, the price of this stock is likely to exceed 100000 dollars! David, trust my judgment. "
Hearing what Yang Jing said so firmly, David Anderson couldn't help shaking. "Boss, can the share price of this stock really soar to such a high?"
Yang Jing nodded affirmatively and said: "My analysis is based on Warren Buffett. Berkshire can develop rapidly only under the control of this talented investor. Therefore, when you buy Berkshire shares, you'd better contact Buffett. Of course, when you buy Berkshire shares held by minority shareholders, you can buy them at a premium. I can authorize you to buy this company at a premium of 30% Stock! But my request is the same as just now. Before October this year, I must control 5% of Berkshire's stock. "
As soon as Yang Jing said the price, even David Anderson couldn't help taking a breath. The premium of 30% is not a small figure. It seems that the boss is really determined to buy Berkshire shares.
"OK, boss, I'll finish this task within the time you set." although Berkshire Hathaway's valuation has reached nearly $3000 a share, the overall market value of the company is less than $5 billion. The boss asked to buy 5% of its shares, even if it was a 30% premium, it's nothing for KY fund.
"Boss, is the Qualcomm company you just mentioned and the Cisco company also a priority?"
Yang Jing nodded and said, "yes, the investment priorities of Cisco and Qualcomm are the same as those of Microsoft, Oracle and Intel. We must obtain enough shares before they go public."
Are you kidding? When will Qualcomm invest? Qualcomm, which has just been established for two years, will be the absolute overlord of the mobile communication industry in the future. If Intel is the hardware overlord of the computer industry, then Qualcomm is the hardware overlord of the mobile communication industry.
In the future mobile communication industry, arm in the UK controls software licensing, while Qualcomm controls the core chip of hardware. One of the two companies has just been established and the other has not yet been established, so it is absolutely urgent to invest in Qualcomm.
As for Cisco, not to mention this. People all over the world know what the company will be like in the future! This company will be synonymous with the Internet in the future, and even surpass Microsoft at the highest market value.
Now, both Qualcomm and Cisco are just Xiaohe, and few people pay attention to the two companies. But once Qualcomm emerges in the mobile communication industry and Cisco is ferocious in routers, it will not be so easy to invest in these two enterprises.
Just like Microsoft now, after Qualcomm and Cisco go public in the future, it is not so easy to acquire their shares.
"Boss, do you have anything else to tell you besides the shares of these companies?" David Anderson asked.
Yang Jing shook her head and said, "there's nothing special to pay attention to. The stocks of these companies are listed as priority. As for other stocks, you can do it yourself. However, I suggest that it's best to give priority to large blue chips. The market of American stocks this year is very good. Now buy some blue chips and you can make a lot of profits with a little hug."
This is not what Yang jingluan said. The U.S. stock market before October 1987 was a super bull market. At the beginning of the year, you can buy one of the stocks casually. As long as you hold it for ten months, you can make a profit of more than 50%.
For example, GE's share price was only $3.60 in January 1987, but by October, its share price could soar to $5.50; IBM's stock will soar from $28 in January to a maximum of $44; The famous Citibank soared from $15 shares in January to $48 shares in October, up more than 300%
The U.S. stock market in this period is like the big bull market in China's stock market in 2007. You can make money by buying a stock with your eyes closed.
Most importantly, in addition to making money in advance, Yang Jing has an unknown purpose.
Now that he has decided to start investing openly, Yang Jing must master some company stocks that are familiar to future generations and can make a lot of money. For example, Microsoft, Oracle, Intel and Cisco, as for Wal Mart, which often ranks first in the Fortune 500, Yang Jing will certainly not let go. In addition, giant companies such as general electric, general dynamics and IBM hold a certain amount of shares, which can improve their social status in the United States.
Of course, it is not so easy to acquire the shares of these companies in the stock market, but Yang Jing knows that there will be a great opportunity to acquire the shares of these companies on a large scale at the end of this year.
That was the stock market crash that broke out on October 29, 1987.
The stock market crash that broke out on October 29, 1987 can be said to be the most tragic stock market crash in American history. Just the American stock market evaporated in one day, equivalent to $500 billion of France's annual GDP!
The $500 billion in 1987 is astronomical. Even if 10% of it, it's enough to be $50 billion!
Of course, in this stock disaster, except that dozens of stocks did not fall, the stocks of the companies Yang Jing needed to invest in all plunged.
Before the outbreak of the stock disaster, GE's share price touched $5.50. As a result, on the day of the stock disaster, the share price directly fell to $3.20, which was greater than the increase in the previous ten months; IBM's stock simply fell from $44 to $25.50; Wal Mart went straight from the highest $5.35 to $2.75. As for Microsoft, it fell from $48 to $26, while intel was even worse. Its share price fell directly from $1.30 to $0.55
In the stock disaster, taking advantage of the sharp drop in the price of these stocks, we can buy the circulating shares of these companies at a very low price. And on the day of the stock disaster, because of the panic of selling in the market, the selling price on that day was huge. As long as you have money, you can buy enough stocks!
Of course, in view of the strict monitoring of the U.S. stock market, Yang Jing needs to find a good reason to buy a large number of shares of major companies on the day of the stock disaster, that is, stock repurchase!
On the day of the stock disaster, due to the sharp decline of stock price, the company and its shareholders can repurchase shares to assess the stock price, which is expressly allowed by the CSRC.
If you are not a shareholder and take advantage of the stock disaster to copy the bottom at a low price, it doesn't matter if the quantity is small, but if the quantity is too large, it will be investigated by the relevant departments every minute.
Therefore, if you want to buy back a large number of shares during the stock disaster, you must become an important shareholder of the company.
It is for this reason that Yang Jing asked David Anderson to buy a minimum of 5% of the shares of these companies by October.
Only if you hold 5% or more of the company's shares, you have the right to buy back a large number of shares openly and honestly in the stock disaster!
This is one of Yang Jing's plans.
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"Boss, are you sure to buy Berkshire stock at such a high price? The stock of this company has risen from less than $7 a share 23 years ago to nearly $3000 a share now, an increase of more than 400 times! I think the stock price of this company has reached the peak. If we buy this stock, it will be very risky!" David Anderson obviously disagreed with Yang Jing's proposal.
But he doesn't agree or fail. Yang Jing is the boss. The most important thing is that David Anderson doesn't know the miracle of Berkshire Hathaway, but Yang Jing knows it clearly!
Although later generations of Bill Gates and Warren Buffett have been competing for the throne of the world's richest man, and Warren Buffett has only won Bill Gates once, this does not mean that Warren Buffett can't. on the contrary, in some aspects, Buffett, known as the "God of stocks", has done better than gates. For example, Berkshire Hathaway under Buffett's control.
Compared with Microsoft, Buffett's Berkshire Hathaway is also not weak. Yang Jing will not let go of this behemoth whose market value is bigger than Microsoft.
This diversified investment group with a total share capital of only 1645500 shares and only 856000 circulating shares is definitely a wonderful flower.
Berkshire's predecessor was a textile factory on the verge of bankruptcy. In 1964, it was favored by Buffett, who had unique insight at that time. Therefore, under the careful operation of Buffett, who was praised as the "God of stocks" in future generations, this textile factory on the verge of bankruptcy began to come back to life. The share price soared from less than $7 shares at that time to more than $320000 shares in future generations, On January 29, 2018, it created a magical valuation of US $326350 shares, which is a stock with the highest unit price in the world! The market value has also soared from less than 23 million US dollars in 1964 to nearly 500 billion US dollars in 2018. It is one of the top 10 giant enterprises in the Fortune 500!
Yes, compared with 1964, Berkshire's valuation has indeed soared 400 times, but compared with 2018, the price of less than $3000 a share is far from it. Even if you buy Berkshire's stock from now, it will increase 100 times after 30 years!
How can Yang Jing let go of this stock?
"Well, you are the boss. Now that you have given orders, I must obey them." David Anderson looked a little reluctant.
Yang Jing said: "David, I'm not trying to force you. I'm just very optimistic about this stock, just as you are optimistic about Microsoft and Oracle, and I'm also very optimistic about Berkshire. According to my analysis, if nothing happens, the price of this stock will rise about twice in three years, almost reaching the price of $9000 a share in five years , the price of this stock is bound to exceed 15000 dollars. As for the more distant future, the price of this stock is likely to exceed 100000 dollars! David, trust my judgment. "
Hearing what Yang Jing said so firmly, David Anderson couldn't help shaking. "Boss, can the share price of this stock really soar to such a high?"
Yang Jing nodded affirmatively and said: "My analysis is based on Warren Buffett. Berkshire can develop rapidly only under the control of this talented investor. Therefore, when you buy Berkshire shares, you'd better contact Buffett. Of course, when you buy Berkshire shares held by minority shareholders, you can buy them at a premium. I can authorize you to buy this company at a premium of 30% Stock! But my request is the same as just now. Before October this year, I must control 5% of Berkshire's stock. "
As soon as Yang Jing said the price, even David Anderson couldn't help taking a breath. The premium of 30% is not a small figure. It seems that the boss is really determined to buy Berkshire shares.
"OK, boss, I'll finish this task within the time you set." although Berkshire Hathaway's valuation has reached nearly $3000 a share, the overall market value of the company is less than $5 billion. The boss asked to buy 5% of its shares, even if it was a 30% premium, it's nothing for KY fund.
"Boss, is the Qualcomm company you just mentioned and the Cisco company also a priority?"
Yang Jing nodded and said, "yes, the investment priorities of Cisco and Qualcomm are the same as those of Microsoft, Oracle and Intel. We must obtain enough shares before they go public."
Are you kidding? When will Qualcomm invest? Qualcomm, which has just been established for two years, will be the absolute overlord of the mobile communication industry in the future. If Intel is the hardware overlord of the computer industry, then Qualcomm is the hardware overlord of the mobile communication industry.
In the future mobile communication industry, arm in the UK controls software licensing, while Qualcomm controls the core chip of hardware. One of the two companies has just been established and the other has not yet been established, so it is absolutely urgent to invest in Qualcomm.
As for Cisco, not to mention this. People all over the world know what the company will be like in the future! This company will be synonymous with the Internet in the future, and even surpass Microsoft at the highest market value.
Now, both Qualcomm and Cisco are just Xiaohe, and few people pay attention to the two companies. But once Qualcomm emerges in the mobile communication industry and Cisco is ferocious in routers, it will not be so easy to invest in these two enterprises.
Just like Microsoft now, after Qualcomm and Cisco go public in the future, it is not so easy to acquire their shares.
"Boss, do you have anything else to tell you besides the shares of these companies?" David Anderson asked.
Yang Jing shook her head and said, "there's nothing special to pay attention to. The stocks of these companies are listed as priority. As for other stocks, you can do it yourself. However, I suggest that it's best to give priority to large blue chips. The market of American stocks this year is very good. Now buy some blue chips and you can make a lot of profits with a little hug."
This is not what Yang jingluan said. The U.S. stock market before October 1987 was a super bull market. At the beginning of the year, you can buy one of the stocks casually. As long as you hold it for ten months, you can make a profit of more than 50%.
For example, GE's share price was only $3.60 in January 1987, but by October, its share price could soar to $5.50; IBM's stock will soar from $28 in January to a maximum of $44; The famous Citibank soared from $15 shares in January to $48 shares in October, up more than 300%
The U.S. stock market in this period is like the big bull market in China's stock market in 2007. You can make money by buying a stock with your eyes closed.
Most importantly, in addition to making money in advance, Yang Jing has an unknown purpose.
Now that he has decided to start investing openly, Yang Jing must master some company stocks that are familiar to future generations and can make a lot of money. For example, Microsoft, Oracle, Intel and Cisco, as for Wal Mart, which often ranks first in the Fortune 500, Yang Jing will certainly not let go. In addition, giant companies such as general electric, general dynamics and IBM hold a certain amount of shares, which can improve their social status in the United States.
Of course, it is not so easy to acquire the shares of these companies in the stock market, but Yang Jing knows that there will be a great opportunity to acquire the shares of these companies on a large scale at the end of this year.
That was the stock market crash that broke out on October 29, 1987.
The stock market crash that broke out on October 29, 1987 can be said to be the most tragic stock market crash in American history. Just the American stock market evaporated in one day, equivalent to $500 billion of France's annual GDP!
The $500 billion in 1987 is astronomical. Even if 10% of it, it's enough to be $50 billion!
Of course, in this stock disaster, except that dozens of stocks did not fall, the stocks of the companies Yang Jing needed to invest in all plunged.
Before the outbreak of the stock disaster, GE's share price touched $5.50. As a result, on the day of the stock disaster, the share price directly fell to $3.20, which was greater than the increase in the previous ten months; IBM's stock simply fell from $44 to $25.50; Wal Mart went straight from the highest $5.35 to $2.75. As for Microsoft, it fell from $48 to $26, while intel was even worse. Its share price fell directly from $1.30 to $0.55
In the stock disaster, taking advantage of the sharp drop in the price of these stocks, we can buy the circulating shares of these companies at a very low price. And on the day of the stock disaster, because of the panic of selling in the market, the selling price on that day was huge. As long as you have money, you can buy enough stocks!
Of course, in view of the strict monitoring of the U.S. stock market, Yang Jing needs to find a good reason to buy a large number of shares of major companies on the day of the stock disaster, that is, stock repurchase!
On the day of the stock disaster, due to the sharp decline of stock price, the company and its shareholders can repurchase shares to assess the stock price, which is expressly allowed by the CSRC.
If you are not a shareholder and take advantage of the stock disaster to copy the bottom at a low price, it doesn't matter if the quantity is small, but if the quantity is too large, it will be investigated by the relevant departments every minute.
Therefore, if you want to buy back a large number of shares during the stock disaster, you must become an important shareholder of the company.
It is for this reason that Yang Jing asked David Anderson to buy a minimum of 5% of the shares of these companies by October.
Only if you hold 5% or more of the company's shares, you have the right to buy back a large number of shares openly and honestly in the stock disaster!
This is one of Yang Jing's plans.
"Boss, are you sure to buy Berkshire stock at such a high price? The stock of this company has risen from less than $7 a share 23 years ago to nearly $3000 a share now, an increase of more than 400 times! I think the stock price of this company has reached the peak. If we buy this stock, it will be very risky!" David Anderson obviously disagreed with Yang Jing's proposal.But he doesn't agree or fail. Yang Jing is the boss. The most important thing is that David Anderson doesn't know the miracle of Berkshire Hathaway, but Yang Jing knows it clearly!Although later generations of Bill Gates and Warren Buffett have been competing for the throne of the world's richest man, and Warren Buffett has only won Bill Gates once, this does not mean that Warren Buffett can't. on the contrary, in some aspects, Buffett, known as the "God of stocks", has done better than gates. For example, Berkshire Hathaway under Buffett's control.Compared with Microsoft, Buffett's Berkshire Hathaway is also not weak. Yang Jing will not let go of this behemoth whose market value is bigger than Microsoft.This diversified investment group with a total share capital of only 1645500 shares and only 856000 circulating shares is definitely a wonderful flower.Berkshire's predecessor was a textile factory on the verge of bankruptcy. In 1964, it was favored by Buffett, who had unique insight at that time. Therefore, under the careful operation of Buffett, who was praised as the "God of stocks" in future generations, this textile factory on the verge of bankruptcy began to come back to life. The share price soared from less than $7 shares at that time to more than $320000 shares in future generations, On January 29, 2018, it created a magical valuation of US $326350 shares, which is a stock with the highest unit price in the world! The market value has also soared from less than 23 million US dollars in 1964 to nearly 500 billion US dollars in 2018. It is one of the top 10 giant enterprises in the Fortune 500!Yes, compared with 1964, Berkshire's valuation has indeed soared 400 times, but compared with 2018, the price of less than $3000 a share is far from it. Even if you buy Berkshire's stock from now, it will increase 100 times after 30 years!How can Yang Jing let go of this stock?"Well, you are the boss. Now that you have given orders, I must obey them." David Anderson looked a little reluctant.Yang Jing said: "David, I'm not trying to force you. I'm just very optimistic about this stock, just as you are optimistic about Microsoft and Oracle, and I'm also very optimistic about Berkshire. According to my analysis, if nothing happens, the price of this stock will rise about twice in three years, almost reaching the price of $9000 a share in five years , the price of this stock is bound to exceed 15000 dollars. As for the more distant future, the price of this stock is likely to exceed 100000 dollars! David, trust my judgment. "Hearing what Yang Jing said so firmly, David Anderson couldn't help shaking. "Boss, can the share price of this stock really soar to such a high?"Yang Jing nodded affirmatively and said: "My analysis is based on Warren Buffett. Berkshire can develop rapidly only under the control of this talented investor. Therefore, when you buy Berkshire shares, you'd better contact Buffett. Of course, when you buy Berkshire shares held by minority shareholders, you can buy them at a premium. I can authorize you to buy this company at a premium of 30% Stock! But my request is the same as just now. Before October this year, I must control 5% of Berkshire's stock. "As soon as Yang Jing said the price, even David Anderson couldn't help taking a breath. The premium of 30% is not a small figure. It seems that the boss is really determined to buy Berkshire shares."OK, boss, I'll finish this task within the time you set." although Berkshire Hathaway's valuation has reached nearly $3000 a share, the overall market value of the company is less than $5 billion. The boss asked to buy 5% of its shares, even if it was a 30% premium, it's nothing for KY fund."Boss, is the Qualcomm company you just mentioned and the Cisco company also a priority?"Yang Jing nodded and said, "yes, the investment priorities of Cisco and Qualcomm are the same as those of Microsoft, Oracle and Intel. We must obtain enough shares before they go public."Are you kidding? When will Qualcomm invest? Qualcomm, which has just been established for two years, will be the absolute overlord of the mobile communication industry in the future. If Intel is the hardware overlord of the computer industry, then Qualcomm is the hardware overlord of the mobile communication industry.In the future mobile communication industry, arm in the UK controls software licensing, while Qualcomm controls the core chip of hardware. One of the two companies has just been established and the other has not yet been established, so it is absolutely urgent to invest in Qualcomm.As for Cisco, not to mention this. People all over the world know what the company will be like in the future! This company will be synonymous with the Internet in the future, and even surpass Microsoft at the highest market value.Now, both Qualcomm and Cisco are just Xiaohe, and few people pay attention to the two companies. But once Qualcomm emerges in the mobile communication industry and Cisco is ferocious in routers, it will not be so easy to invest in these two enterprises.Just like Microsoft now, after Qualcomm and Cisco go public in the future, it is not so easy to acquire their shares."Boss, do you have anything else to tell you besides the shares of these companies?" David Anderson asked.Yang Jing shook her head and said, "there's nothing special to pay attention to. The stocks of these companies are listed as priority. As for other stocks, you can do it yourself. However, I suggest that it's best to give priority to large blue chips. The market of American stocks this year is very good. Now buy some blue chips and you can make a lot of profits with a little hug."This is not what Yang jingluan said. The U.S. stock market before October 1987 was a super bull market. At the beginning of the year, you can buy one of the stocks casually. As long as you hold it for ten months, you can make a profit of more than 50%.For example, GE's share price was only $3.60 in January 1987, but by October, its share price could soar to $5.50; IBM's stock will soar from $28 in January to a maximum of $44; The famous Citibank soared from $15 shares in January to $48 shares in October, up more than 300%The U.S. stock market in this period is like the big bull market in China's stock market in 2007. You can make money by buying a stock with your eyes closed.Most importantly, in addition to making money in advance, Yang Jing has an unknown purpose.Now that he has decided to start investing openly, Yang Jing must master some company stocks that are familiar to future generations and can make a lot of money. For example, Microsoft, Oracle, Intel and Cisco, as for Wal Mart, which often ranks first in the Fortune 500, Yang Jing will certainly not let go. In addition, giant companies such as general electric, general dynamics and IBM hold a certain amount of shares, which can improve their social status in the United States.Of course, it is not so easy to acquire the shares of these companies in the stock market, but Yang Jing knows that there will be a great opportunity to acquire the shares of these companies on a large scale at the end of this year.That was the stock market crash that broke out on October 29, 1987.The stock market crash that broke out on October 29, 1987 can be said to be the most tragic stock market crash in American history. Just the American stock market evaporated in one day, equivalent to $500 billion of France's annual GDP!The $500 billion in 1987 is astronomical. Even if 10% of it, it's enough to be $50 billion!Of course, in this stock disaster, except that dozens of stocks did not fall, the stocks of the companies Yang Jing needed to invest in all plunged.Before the outbreak of the stock disaster, GE's share price touched $5.50. As a result, on the day of the stock disaster, the share price directly fell to $3.20, which was greater than the increase in the previous ten months; IBM's stock simply fell from $44 to $25.50; Wal Mart went straight from the highest $5.35 to $2.75. As for Microsoft, it fell from $48 to $26, while intel was even worse. Its share price fell directly from $1.30 to $0.55In the stock disaster, taking advantage of the sharp drop in the price of these stocks, we can buy the circulating shares of these companies at a very low price. And on the day of the stock disaster, because of the panic of selling in the market, the selling price on that day was huge. As long as you have money, you can buy enough stocks!Of course, in view of the strict monitoring of the U.S. stock market, Yang Jing needs to find a good reason to buy a large number of shares of major companies on the day of the stock disaster, that is, stock repurchase!On the day of the stock disaster, due to the sharp decline of stock price, the company and its shareholders can repurchase shares to assess the stock price, which is expressly allowed by the CSRC.If you are not a shareholder and take advantage of the stock disaster to copy the bottom at a low price, it doesn't matter if the quantity is small, but if the quantity is too large, it will be investigated by the relevant departments every minute.Therefore, if you want to buy back a large number of shares during the stock disaster, you must become an important shareholder of the company.It is for this reason that Yang Jing asked David Anderson to buy a minimum of 5% of the shares of these companies by October.Only if you hold 5% or more of the company's shares, you have the right to buy back a large number of shares openly and honestly in the stock disaster!This is one of Yang Jing's plans.
