Chapter 1497 Who Is More Unreliable?

An old man and a young man were bickering, but they seemed to be enjoying themselves. Of course, this is the view of bystanders. Buffett himself does not see it that way. This bastard leaves one sentence on the left to future generations and one sentence on the right to future generations.

Damn it, I haven’t retired yet. Besides, since when have you and I been of the same generation? Alas, look at this handsome face. To say that you are not jealous at all would be to deceive yourself.

"How about it? I heard that I'm going to spend one billion to save my life. Warren, let's talk about the conditions at this time. I guess everything can be discussed." William White raised his glass slightly and talked to Buffett very quietly. Although many people wanted to come up and listen, it was a pity that William White's men worked very tacitly to isolate everyone's sight.

Although everyone knows that the superficial arguments just now can actually explain nothing. It cannot be said that the two of them are just singing double acts, it is simply a tacit understanding. On the contrary, this kind of conversation now often has some content.

"One billion? I don't know if it's enough. Hey, I heard that Morgan Stanley is very interested in your new energy. I wonder how much they plan to invest?"

"Tch, you are really going too far when you compare me with Enron. Even if it has fallen a lot now, it still has a market value of at least more than 80 billion. And here, it is only 80 million. It is just a newly formed structure." That was polite, but Buffett read William White's expression very clearly. Yes, it’s just disdain, so what if it’s 80 billion, it really may not have more potential than my company.

For a moment, Buffett even wavered. Yes, William White’s new company is a pit, a pit similar to Tesla Rocket Power. Not only will there be no reward in the short term, but you will also need to constantly fill in the pits.

Of course, it doesn't matter if your shares are diluted, just pretend I didn't say that. But William White's companies will not be able to go public no matter how bad they are. If they can't even handle this, it would be really shameful.

But it’s a trap. If William White used the money to squander it, no one would believe it.

As long as it is an investment, there is bound to be a possibility of failure. As an investor, failure is acceptable, but man-made failure is absolutely unforgivable.

Hathaway's stock price is so high, but it does not split its shares. In the final analysis, everyone's investment entities are completely different.

Although some old super families have faded out of the public eye, if you think they don't exist, I'm sorry, you may be taught how to behave in the next moment.

Of course, you can think about it, but forget about investing. If Enron is one of his heavy holdings, let me put it bluntly, if you can't get back these losses, you can end it on your own.

It's okay to lose money, but for this kind of inexplicable loss, you think we are all idiots.

Or maybe it's because publicity leads to honesty and authority. William White's blatant deception is not annoying at all. You see, I now have a dream. You can either become one of them, or you can just watch with a cold eye. Anyway, the concept of new energy has really emerged.

"Warren, it's not that I don't accept your argument. I have no intention of telling you a secret. So, I'm really speechless about taking a favor for nothing."

Buffett was not surprised by this explanation. Of course, this shouldn't be the case.

"As for Citigroup, although I am annoyed with them, this time, I will not interfere. Tell you Warren, I have done nothing in the past month but studied Enron's annual report.

Gosh, you may not believe it, but in fact, I hope they can get through this.

Believe me, this will be a disaster, an apocalyptic disaster. "Ignore Buffett anymore. Now that you've said all you have to say, it's better to leave as soon as possible.

Enron's market value was only 200 million in the end. If you think about it, the highest value was close to 100 billion, and in the end it was only a fraction. To be honest, except for the Great Depression, it is difficult to find similar cases with the speed and method of this kind of collapse.

Shell resources and other things are not only owned by the rabbit country, but the eagle sauce is also the same. They sell this kind of stuff back and forth. Shell resources in the United States are relatively cheap, but no matter how cheap they are, tens of millions should not be a big problem.

But can you believe it’s less than 200 million?

"Old guy, do you think I'm stupid?" On the way home, William White was still chattering a little. This guy seemed very excited today, and Natasha could feel it very clearly.

Alas, this guy is really young and makes people jealous. You are so demanding, I can't stand it.

"Kekeke,kekeke, you are the only one who is smart. No one in the United States can be smarter than my man now. But, can you tell me what is going on?"

"Oh, that's not a good thing to say. I'm going to suffer heavy losses soon. To commemorate this special day, I think we need to do something more meaningful."

"Hate" Natasha obviously couldn't stand it when she saw this guy's eyes glaring.

"Oh, heavy losses? But in recent times, you have suffered heavy losses?"

"Alas!" William White sighed, Damn, do you know how to chat? If you chat like this, my brother will be very hurt.

"As the so-called cathode and yang produce, 911 was just an inducement. Without this incident, many things would not have been revealed.

A healthy market will benefit all participants. If a black sheep like Enron cannot be severely punished, how can you make those conscientious entrepreneurs feel so embarrassed? "

William White said this, of course, not without purpose. Before the Great Depression, the U.S. securities market could be said to be the most chaotic market in the world. Fraud is written on everyone's face. Either be cheated or lie to others. This is the only rule of survival.

The harsh punishments imposed after the Great Depression were very appropriate at the time, and they indeed acted as a balm. Wall Street eventually became the largest trading market in the world. These extremely strict regulations were actually a big factor.

National sovereign funds must focus on security. But if a super blue-chip company like Enron commits fraud, how can we not worry about it?

Tsk, otherwise just buy government bonds first.

The harsh punishments then were nothing now. When things like Enron happen, you can't ignore them. So, this will definitely lead to stricter supervision.

The floating chips were scared away, and those with immature minds were cut off directly. Then, this must be the end of the century, and William White's excitement actually comes from here.

Damn, I don’t have the temperament of being a dick. I get excited when I lose money. Isn’t this a disease? Even when I have suffered a lot of losses, I can still think about going to that and that. Oh my god, how heartless is this.