Chapter 1305: Carry Out Unreliability to the End
Ahem, so when the big rabbit secretly knocked Yingjiang on the back of the head, Yingjiang was also confused, or they were afraid.
Look at the speed at which John Bull fell after World War I. It was basically like a free fall. As the only beneficiary, there is something Yingjiang doesn't understand.
Isn’t history just about repeating mistakes?
If you look at the general history of the world, you will find that this world is really weird. Mistakes that have occurred in history will be repeated again and again.
Haha, the ancestors of the Big Rabbit Kingdom said that if we divide for a long time, we will unite and unite for a long time. This may be an alternative explanation.
The reason why William White returned to Texas was actually for vacation. This guy actually went to seek refuge.
To the extent of William White, you want to meet him?
Ahem, it’s really impossible for ordinary people.
Even so, he only commissioned relevant organizations to survey the line, and there were already many people who planned to chat with this guy.
To be honest, William White is actually confused right now.
Damn, this whimsical investment has encountered unimaginable resistance within the company.
But, how to explain the current situation?
"Don't look at me like that, Philson, I don't know what to say, and I don't know why anyone would want to invest, let alone why so many banks want to rush in even if they break their heads.
Ahem, if this is a good investment, couldn't they just get another line? Look, wouldn’t it be great to go from Houston to Los Angeles? "
Feilson had a constipated expression on his face. He was very sure that his boss was also a little confused now, because the high-speed rail project cost a lot of money, and William White was just saying to test the water.
But, is this what happened?
“Boss, before coming here, our think tank evaluated this route again.
Unfortunately, the conclusions reached are still similar. However, the reason why the banks are keen, I think, is that we have reached a consensus. "
William White smiled and shook his head. What can he say? The money you have now is just wool. When little Bushu comes over, you will know what it means to be unscrupulous.
This weird political system in the United States, to be honest, if it weren’t for the specific environment and population, it wouldn’t be possible at all.
At the very least, there is no continuity in the policy. Just this one is enough to cause headaches.
Donkey wants to implement universal medical insurance and expand social security coverage.
Is this good?
Of course, when it comes to universal welfare, whatever is bad must be supported with both hands and feet.
Where does the money come from?
If the source is taxes, this is certainly a good thing. It's a pity that the tax money is used to make Star Wars, so the money can only be printed.
Donkey plans to provide universal welfare, which requires a lot of money. After the elephant came up, it was thinking about how to dominate the world. As the only super boss, this seems understandable.
Therefore, it seems very awkward to establish a welfare society on the premise of going militarily.
There is nothing wrong with envying Europe's welfare system. However, people don’t walk on two legs.
Since it is inevitable that banknotes will become gross, investing in some heavy assets has also become inevitable. For William White, with such huge funds, what can you do if you don’t engage in big projects?
Now Philson's answer explains the reason very well. You, William White, are not the only one who sees the problem.
Who is a banker?
They are the most sensitive group of people. In order to ensure the preservation of the assets in their hands, some large projects that do not seem very reliable have a certain degree of operability.
There was no way William White could eat alone;
You see, if everyone pitches in, just the possible government subsidies, it should be a huge number.
It's a pity that Yingjiang's high-speed rail technology is not strong. Otherwise, William White has absolutely reason to believe that the cost he needs to bear will never exceed 20%.
A 600-kilometer high-speed rail, if calculated based on the Shinkansen in Japan, would not exceed US$20 billion at most.
This number seems exaggerated. If you only look at the effect, you might as well buy a hundred airplanes. This is simply an idiot investment.
However, after removing government subsidies, this number may not be so exaggerated. The so-called 20 billion is just a theoretical figure. In order to obtain this order, William White believed that even the Gallic Rooster and the Germans would directly fight over this order.
Ahem, what if we add a small Japanese version?
Don’t worry, not only are there financial subsidies here in the United States, but even equipment providers can receive substantial subsidies. If it goes too far, he can even get a cheap loan.
"Look, Philson, that's the thing, everybody loves a big project, even if it's a loss-making project.
But, who cares if it’s a loss?
Let me tell you this, as long as the operation of this line does not cause losses, we can't stop even if we want to.
money? Money was never an issue. "
"Okay, boss, as you wish, we will officially launch this project."
William White smiled and nodded, with that expression, he deserved as much beating as he wanted.
Look, I've known this for a long time. You bastards don't believe me because you don't have a good view of the overall situation.
Well, Philson is indeed a little depressed. He can't figure it out, and you may agree that most of the rail transportation in the United States is in the hands of Morgan Stanley, and Morgan Stanley is doing nothing for yourself.
"Warren, if Dalton also builds a new line, will it have a similar effect?"
Facing the questions from his good gay friends, Buffett felt a little pained. What can he say? It is the eternal theme of the capital market to promote the popularity and suppress the decline.
Tesla rocket power can become a hot topic, and the Yttrium Star project, which was regarded as garbage, actually plans to repackage and go on the market. Judging from the current market response, it seems to be quite popular.
Not to mention these two somewhat bizarre investments, the performance of other investments in the White family is also very eye-catching.
“Charlie, it’s absolutely impossible for others or, ahem, it’s absolutely impossible.
In the capital market, if you make a mistake, you really only have one or two chances. You see, Julian Robertson's Tiger Fund was short the yen once and short the Nasdaq once. After two mistakes, even though he still had a lot of money, would anyone still buy from Tiger Fund?
Two fatal mistakes in a row. If Julian was only forty years old, then, there might be a chance to start over.
As for Damo you mentioned, sorry, they made more mistakes. A company started from scratch, even if it has little experience, doesn't it also have no burden? "
"Okay, listen to what you say. Although I feel a little uncomfortable, I can't deny it."
“Yes, that Tesla actually received a huge order from NASA.
Oh my God, this is crazy. After completing these orders, it is estimated that this company will not be able to make a profit.
But. "
Buffett is a little confused, or he doesn't like this topic. Don't invest in something you don't understand. This has always been what Buffett insists on.
There is no doubt that Tesla falls into this category.
However, the current California high-speed rail is different. It doesn't matter if you have a high-speed rail in California now, but what if there is one in Texas in the future? Or what if more high-speed rails will be born in the future?
Railway transportation is a project that Buffett has been optimistic about for a long time. This is not the unreliable Starlink, if possible. Ahem, okay, they, Hathaway, must have a hand in it. If you put it another way, if he doesn't invest, those investors may be dissatisfied.
Asshole, we all know that you have a good relationship with William White. But why don’t you vote?