Chapter 1372 This World Is Too Crazy

"Why, I'm looking for investment from you."

William White was noncommittal to Buffett's question. Of course, he had no intention of discussing with this old guy, so he just raised his glass and invited him to drink.

“Tsk, tsk, today’s champagne tastes really bad.

Look, I can’t even drink champagne anymore. Is it any wonder that someone is looking for investment?

Actually, I think Enron is not short of money. Look at their luxurious offices and their generous employee benefits.

Well deserved to be the best employer, Warren. I'm under a lot of pressure. I haven't done anything this year except getting into a fight with the guild. It seems that they will not stop unless they nail me to the pillar of shame. "

William White said it lightly, and Buffett didn't care. What he doesn't know is that in this moment when cash is king, whoever has more money will have the greatest say.

"Hehe, let me tell you some bad news. WorldCom and America Online both have plans to obtain 3G licenses, plus the aggressive Vodafone.

William, don't tell me you're really planning to get into communications. "

"Me? How will you know if you don't try?

Hey, that's not right. I am a telecommunications operator. Why do you have such a weird problem? Let’s not mention the Starlink project. I am the largest shareholder of Xiangjiang Telecom. Don’t you know? "

William White said this with his mouth, but he was cursing in his heart. Old guy, why are you testing me? Don’t you know how bad the market is?

Damn it, WorldCom and America Online were unlucky enough to run into two crazy knives, and Hutchison and Wong’s Little Superman. Do you want to blow some air in advance? Hey, I just don’t know if Lao Li’s body will hurt.

"Warren, Hutchison Whampoa raised US$15 billion. I don't think that bartender has a chance. As for America Online, this guy has not completed the integration. I hope Time Warner can support it."

"15 billion?" Buffett was stunned. Once upon a time, those listed companies in Hong Kong were beyond his reach. It's just that, with more than 10 billion US dollars in cash, who is qualified to talk nonsense.

William White couldn't figure it out. It wasn't just the Internet that was unlucky. The entire Nasdaq was in disgrace. How could WorldCom and America Online be fine?

The price is cheap, so everything is easy to talk about, and no one cares about the extra stutter. If these two families go crazy, no one can bear their wrath.

Well, maybe there is. Superboy would definitely not agree with what they said to themselves. Will this guy who is so proud to the core be so angry?

"We are old, Warren, and I am actually at a loss about the current Internet. As for communications, even an insider like me doesn't understand today's market.

Re-auctioning license plates is a joke. Once 3G comes, what about 4G and even 6G in the future? Every time you get a license, you'll be tortured once.

Alas, this is simply robbery. "

"That's not easy. You can get it right in one step. I really don't understand why you don't improve much every time. Are you planning to keep going?"

William White doesn't care about Buffett's ridicule. Who doesn't have some bottom-of-the-box stuff? What's so ironic about that?

Back home, William White was still feeling a little uneasy. Enron, WorldCom, America Online, these are all rankings of the most unlucky companies.

"Honey, why so early?"

"Make me a cup of ginseng tea. I'm an old fox today and I'm really tired.

Hey, it seems your dad is going to enter the telecommunications industry. Our world is so crazy. "

Li Fuzhen rolled his eyes at this guy. His father had done this a long time ago, but he didn't do it so straightforwardly. Smecta is too small. If you can't expand your overseas business, you will almost be dead.

In fact, this is how the consortium thinks. The more monopolized the business, the more interested it is. Compared with the unrealistic Internet, in the eyes of these people, mobile communication is really a good thing.

We need themes to boost stock prices, and here we are high-tech stocks. We need to get a loan from the bank because we have strong cash flow. Investors either look at the subject matter or the management, but banks are much simpler. Your account books are only of reference value and have no decisive role at all. In this way, what plays a decisive role is your bank statement.

The reason why William White's growth path was smooth was actually a coincidence. It's no news that he has a troubled relationship with Wall Street. But why do so many banks accommodate him? To put it bluntly, his business performance is eye-catching enough. Huge cash flow, these are high-quality customers that any financial institution needs to grab.

Enron had done so many tricks, do you think the bank wouldn't know about it?

Just kidding, when this thing finally collapsed, the unlucky ones were all the investors, and almost no banks were implicated. Think about it, a company with a market value of over 100 billion can collapse at the drop of a hat, but there are no banks to serve as cannon fodder.

I have to say, this is simply a joke. A joke concocted by Wall Street.

It’s a pity that Enron’s pitfall is too big. In order to fill this hole, the United States alone lost $6 trillion in market value.

The capital market has never been short of money, and there will always be a squeeze on such things as capital. As long as you can create a healthy market, there is no need to worry about market capacity.

"Boss, we have studied this company carefully. There are indeed many things that are difficult to understand." Ferson looked at his boss with a complicated expression. He now believed some of the rumors from the outside world. William White's greatest skill is his way of looking at people.

Enron, this is the bread and butter of Wall Street.

It's actually not difficult to get an organization to help you give you a thumbs up. As long as you are a stakeholder, it's nothing to brag. If you don't brag, how will you achieve your goals? On Wall Street today, the TV shopping-style sales promotion method is still popular.

It's crude, but it does work. Especially those so-called junk stocks, if you don't rely on this method, you will sell to hell.

Some people are bullish, and naturally some are bearish. With both long and short sides, institutions can profit from it. This thing is actually similar to sports betting. It's better to be half and half. In this way, these damn bastards can make money on both sides.

However, Enron is different.

A company that hasn't grown much in revenue has seen its share price increase several times over. No organization raised any objection to such a strange market performance.

The investment bank gave it a buy rating. In the current market environment, which is not very prosperous, there is still 30% room for growth. Professional rating agencies all have AAA ratings. William White can't understand how blind the three major rating agencies in the United States must be to give such a rating.