Chapter 274 [Crazy money making, technology needs krypton gold]
Jon Winkreid, the Goldman Sachs director, had an exaggerated expression, and everyone present was silent for a moment.
After a few seconds, Cohen raised his hand and covered his mouth and muttered to himself: "If it is true, combined with his capital that he once cashed out nearly 40 billion US dollars, if he secretly shorted the North American real estate market with this money, he would make at least a net profit of more than 40 billion US dollars... God!"
this……
This means that he earns much more than Goldman Sachs Group alone.
Jon, Winkreid, sighed: "I hope this is just a guess, otherwise it would be like slapping Goldman Sachs and even the entire Wall Street."
In any case, those who bet against the housing market have already cashed out and left the scene. It doesn’t make much sense to investigate whether this matter is investigated. The first batch of big short sellers had already left the market in early 2008. They were the group of people who made a lot of money, and the group that made the safest and fastest profits.
But if this is true, Luo Sheng's insight and foresight into the market would be too terrible.
If so, the decision to follow Feng Luo Sheng for $2 billion this time is correct, and Goldman Sachs can make a big profit in the future.
Life is like a box of chocolate.
...
As the news spreads around the world.
The news that Bluestar Technology Group spent $11.5 billion to repurchase stocks has also spread to the mainland. In order to make the news more eye-catching, domestic media have specially changed the numbers according to the exchange rate. The 11.5 billion US dollars is about 78.9 billion soft sister coins at the current exchange rate.
The bankruptcy of Lehman Brothers and the financial storm have swept the world from the North American continent, with a large number of small and medium-sized enterprises constantly closing down, and even large groups cannot survive.
In this environment where everyone is in danger, everyone is living a life of fear. Companies are increasing revenue and reducing expenses, laying off employees and reducing expenses, and cutting off their arms to survive just to survive this economic winter.
Now is the time when cash is king.
However, looking at some of the operations of Blue Star Technology Group, to be honest, many people are so angry that they are all too angry.
When you are playing the operation of breaking your arm to survive, they will take out 700 billion and buy it at the bottom of your own. What’s even more annoying is that Blue Star Technology will lose 700 billion and 800 billion, so it should be a shortage of funds, right?
I am very embarrassed to get rid of more than 700 million yuan, and my family's small treasury still has 500 million yuan in cash reserves.
At present, the book cash of Blue Star Technology Group has a total of US$8.9 billion worldwide, which is more than 60 billion soft sister coins.
It's really a drought death, but it's a irritating thing to die of water...
The more you spend a lot of money, the more you have, the asset scale is getting higher and higher. Well, this is the current situation of Luo Sheng and the two companies.
...
The next morning, Luo Sheng was enjoying the nutritious breakfast prepared for him by An Qingxue. He lives a free and free life now. He just makes a full spa set when he has nothing to do or play with the ladies in the constant-temperature swimming pool.
Every now and then, he exercises with the housekeepers. Luo Sheng always insists on a critical attitude towards this kind of life, and experiences this kind of hardship and suffering personally. Only the conclusions summarized are convincing and the criticism is strong.
The pace of life now is quite good. I live in criticism every day, as if I am a fearless and lonely fighter who moves forward.
An Qingxue prepares a nutritious breakfast for him on time every day. At the same time, there are two latest paper newspapers on the table every day, one about the business world and the other about the technology world.
No matter how busy Luo Sheng is, he will take some time every day to learn about the information about the day, usually about 30 to 45 minutes.
This is a habit he developed when he was a scientific worker in his previous life, and it is impossible to change it.
The more genius a person is, the more afraid he is to fall behind this era. This is true for Luo Sheng and Qin Weimu. There are great common points in this regard.
Especially in the previous life where Luo Sheng lived, in that era, technological progress was changing with each passing day, and if he didn't understand the most cutting-edge information for a period of time, he might be out of date.
Luo Sheng read for a while and found that there was nothing new to him in these two newspapers today that deserved his attention. As for one of the financial newspapers, the front-page headlines were related to Bluestar Technology Group. The content of the report was the company's stock repurchase plan that invested 78.9 billion yuan a few days ago.
Just as Luo Sheng was enjoying breakfast, early in the morning, Qin Weimu came to the building without saying hello to him.
She successfully entered the interior of the Science and Technology Complex and headed straight to the living area.
When she saw several young and beautiful housekeepers along the way, Qin Weimu was angry and inexplicably jealous, but she could not see any real thoughts in her heart from her face.
Qin Weimu gritted his teeth and said, "No wonder this guy hasn't been with me recently. It turns out that he is happy here and doesn't miss Shu. It's really unhappy. If I hadn't really fallen in love, with my current value and ability, the man who pursued me could be from Sucheng to Shencheng..."
She felt that if even Luo Sheng could not catch her eyes, then there would be no man on earth who could conquer her.
Luo Sheng knew that she was crying so much. It was really unfair to June Feixue.
**This thing focuses on the atmosphere, and the atmosphere is two-way. I have adjusted several times and I have no reaction at all. Except for work, I always have a cold and arrogant face that I ignore. I am not a dog licking, but I am just a little bit of a slut, but this should be considered the smallest problem of being a man.
It is always better than those who are talented and handsome, those who do not make money, those who make too much money ignore the family, those who take care of the family are unprosperous, those who have prosperous are not romantic, and those who are romantic like to be lazy.
Luo Sheng only accounts for one of them. He is talented and not the most handsome, but he is also a handsome young man, and he is also super capable of making money. He is the real richest man in the world. After making money, he is also the Gu family. The Gu family is promising and has a romantic prospect. It is just a bit romantic.
It's already very good...
But of course Luo Sheng would not explain this to Qin Weimu. Even an intellectual woman like Qin Weimu is unreasonable. In short, it is all the fault of men.
A few minutes later, Qin Weimu came to the large living room, and Luo Sheng, who was sitting at the dining table, saw her and smiled: "Here you come so early? Why don't you say hello to me?"
Qin Weimu said lightly: "What? I'm afraid that I'm pregnant with you?"
"It's a good thing that you've come. Haven't eaten yet, so let's have some at the same time." Luo Sheng smiled, and then Niu glanced at An Qingxue standing next to him: "Qingxue, come over that tableware."
"Okay, wait a moment." An Qingxue nodded and went to the tableware.
At this moment, after seeing Luo Sheng who was having breakfast, Qin Weimu deliberately stayed on An Qingxue next to him for a few seconds. She was much more honest at this time. If it were the usual time, it would be very likely that Luo Sheng was eating breakfast, and Luo Sheng would also give her a portion of goose meat.
It is mainly because An Qingxue has also learned about the relationship between him and Qin Weimu through Luo Sheng's mouth these days. In the eyes of Qingxue Meizhi, this is the legendary official palace.
That must be honest, and Qin Weimu's aura is also very strong.
Qin Weimu didn't say anything, and sat down on the table with a direct debt. She really hadn't had breakfast yet. She had been rushing for a contract during this period. She just drafted this one and confirmed that there was no problem and took it directly.
After a while, An Qingxue brought a new tableware and handed it to Qin Weimu, who said, "The contract has been drafted, you can take a look at it yourself."
After saying that, he glanced at the briefcase she brought with him and then enjoyed breakfast on his own.
Luo Sheng immediately opened the bag and took out a list of some documents and contract materials from it.
This contract is related to the previous bottom-buying repurchase. Bluestar Technology Group previously spent US$11.5 billion to repurchase 9.67% of its shares, and did not cancel it, but retained it as the company's treasury stock.
However, Luo Sheng had already passed a proposal at the board of directors early on, which is to sell 9% of the repurchased shares, that is, 130 million shares, for US$10 billion. The remaining 0.67% is used for the company's equity incentives. Not to see 1%, it can be used for a long time.
According to the current market value, this 0.67% is worth US$790 million, and at least 10 to 15 newly introduced high-end talents at the global vice president level can allocate shares. Generally, the global vice president level talents have a face value of approximately US$70 million to US$100 million.
There is no need to worry about equity incentives. If the company has more spare money in the future, just buy back it. As the market value rises, the same share allocation of US$100 million in par value will be further reduced.
As for whom are the other 9% of the stocks sold?
Trading with a fund, which is actually another wholly-owned fund under Luo Sheng’s own offshore family trust fund. Of course, it is still anonymous now, and the operation here is quite complicated.
But in general, this is what Luo Sheng sells to himself, and everything is legal.
Moreover, the 10 billion US dollars of accounts receivable on the books of Blue Star Technology Group, which means that the period is owed is five years, which means that the 10 billion US dollars of principal will not be officially transferred to the Blue Star Technology Group's account in 2013.
However, during the past five years, the fund directly or indirectly controlled by Luo Sheng has to pay 10.18% interest for Bluestar Technology Group, which is higher than 7.19% of Bluestar Technology's bond issuance some time ago. This will allow the directors of other external shareholders of the board of directors to shut up their mouths, not only shut up, but also raise their hands to agree.
After all, Luo Sheng's operation, from the current situation, is a real move, not only hedging the interest of US$8.5 billion in debt issued, but also earning a sum of interest.
The key is that all this series of operations are legal, the board of directors does not object to it, and the shareholders are satisfied.
Luo Sheng's family fund now has more than 48 billion US dollars in cash flow. The reason why he would rather pay 10.18% interest than pay 10 billion US dollars at one time is because this money is of great use. Once his "spare tire plan" is fully launched, it will be very expensive. Although he has made $50 billion now, he really wants to get rid of the crisis of being stuck by Europeans and Americans in the future. This amount of money is still very short of money.
The struggles during this period are summarized into one sentence, which means that Luo Sheng is trying his best to seize the opportunity to make money crazy. If he has no money to invest in R&D, he will definitely have no results. It seems too difficult to achieve results, and the efficiency of producing results is too slow.
Only by krypton gold can it become stronger.
Luo Sheng's $48 billion will be used soon, of course, we cannot take out $10 billion at this time. The result of this operation is that Luo Sheng's family fund now seems to have to pay a huge amount of interest every year.
How to make it back?
It's very simple. Wait for the stock of Blue Star Technology Group to rise. When the stock appreciation of Blue Star Technology is greater than the interest paid by the fund at a certain time point, you can still make a net profit of tens of billions of dollars by advanceing the interest.
The more you increase, you will earn as much as you increase. The more you increase, the more you earn. If you really lose money, Goldman Sachs is a good teacher. If you short yourself, you can also play with yourself.
However, the premise is that Bluestar Technology's stock must rise sharply, but this will inevitably rise sharply, because Luo Sheng is in charge of this company. No one knows and is more confident than the founder of the company's potential and how much stocks will rise in the future.
At that time, the 9% of the stocks held by the family fund will be sold at a high level. These stocks are all outstanding shares and can be sold at any time. When the company's market value reaches hundreds of billions of dollars in the future, all cash out can be earned back, and all the capital and profits will be earned back.
Moreover, this day will not be too long, and it will only take a few years to do so. This investment will bring a return rate of no less than 500%. Such a report is not much different from shorting the North American housing market.
In the public information, Luo Sheng now holds 25.94% of the shares of Blue Star Technology Group, but with his family fund, in other words, his actual shareholding ratio is about 34.94%.
In a rough calculation, Luo Sheng only uses the shareholding ratio actually controlled by Blue Star Technology. According to the current market value, his net worth has reached US$41.2 billion, ranking seventh among the top ten richest people in the world. The world's richest man is Bafte, with an individual net worth of US$62 billion, followed by the Mexican wealthy Carlos family. Gates is now ranked third in the world with US$58 billion due to the impact of the financial crisis and Luo Sheng's value has shrunk sharply at first sight.
Luo Sheng's ranking fell several times. At the peak of Blue Star Technology Group's market value reached US$207.1 billion, he reached US$53.7 billion with a 25.94% stake.
However, even though Bluestar Technology's current market value is not at its peak, Luo Sheng's personal asset scale is actually the richest man in the world.
...
Chapter completed!