Chapter 925 Fool, Continue to Fool.

The US Emperor really lives too comfortably, especially the middle class or above. Did you know that more than half of the American emperors do not have passports, which means that they have never been out.

The other half have passports, and there are many people who have only been to Mexico as far as possible.

Rabbit Country, that's too far away. Is there anything I need to know about the country on the other side of the world?

That is to say, the Great Wall is good. By the way, I eat General Tso’s chicken at noon, and the Rabbit Country cuisine is good, but a bit oily.

"William, you are so stingy that you didn't order General Tso's chicken and the sweet and sour pork. My God, is this Chinese restaurant authentic?"

Looking at the old rascal Buffett across from him, the corners of William White's mouth twitched. Only illiterate people like you think that it is the cuisine of the Rabbit Country. To be honest, this thing was modified by the people of Baodao to cater to the American emperor. It is the same as the stalk of California beef noodles. , General Tso's Chicken? Many people will think that you want to read a book.

"Warren, don't eat those dishes. They did it on purpose to make us fat. By the way, don't order it when you have dinner with people from the Rabbit Country. It's easy to be laughed at."

Buffett smiled wryly, he was really not familiar with the routine here. Shouldn't it be different?

"Don't worry, Warren, there are beautiful women serving dishes. There used to be a joke that three Rabbit people invited two Americans to dinner. The Rabbit people are very polite and let the guests order.

The bad luck is here, there is an American who thinks he understands Chinese, so he ordered sweet and sour pork.

Then, a miracle happened, when the sweet and sour meat came, he put the whole plate in front of him.

You know, for this meal, a man drank a pot of soup. The worst one, I ate a large bowl of white rice. "

"Pfft, I'm sorry, I'll help you get the wine!" The beautiful waiter left, and William White didn't care. Don't make too many jokes like this. People from the Rabbit Country invite you to dinner. If all the food is clean and smooth, it is not in place. The so-called hard dishes must be placed more.

Europe and the United States can’t do it. If there are too many leftovers for dinner, not only will the host’s family be disrespected, but the chef may even complain.

"Warren, the opportunity right now is very suitable. Believe me, Cisco will surprise you next year."

"You know William, I like to hold a company for a long time." Buffett adjusted his glasses. He had to admit that the Rabbit Country cuisine is very good, and it's not that greasy. Cisco is also very good and definitely worth buying.

"William, don't you think the Internet is a bit overheated?"

"It is indeed overheated, but this is not a problem. A stock market without bubbles is also very unhealthy.

In addition, I need to clarify that Cisco is a high-tech company, not an Internet company. Did you know that our 3D warehouse is densely packed with wiring. By the way, I want to tell you that we have made a breakthrough in wireless interconnection. Five or ten years later, this will be another growth point. "

Buffett stayed for a while, and it was an indisputable fact that William White's R&D strength is very strong. He just didn't expect that the next generation would be wireless transmission.

"Are you sure? It won't be like Tesla's wireless power transmission, right? Although it is very amazing, it has no commercial value."

"Hahaha, hahaha, how is it possible, what I said is too clear, you also have a headache, and some commercial secrets are involved here. Let's put it this way, it is more like the current digital mobile signal. It's just that the transmission power is not high. That's it."

Although William White was talking nonsense with Buffett, his mood was not very calm. Didn't this old guy never invest in high-tech companies? Don't vote for anything you don't understand.

How would he know that Coca-Cola was cut off by him. Although Buffett is also a big player now, he is far behind William White. That is to say, White Bank does not engage in private equity funds. If it really ends up grabbing business, a group of bigwigs will definitely blow their hair.

"Two seats at most, Warren, you know, if there are no major mistakes, I will only let the brain trust stare.

In this regard, high-tech companies are different from traditional companies. I think you can also see that the option rewards of management are too high. "

"Hahaha, a group of Wall Street bigwigs are very dissatisfied, saying that you broke the rules."

William White smiled wryly: "Warren, to be honest, from the day capital appeared, every pore hides dirty things. I don't even want to pay wages, let alone those shares."

"Ahem, cough, well, I think these people will definitely create greater value."

"Yes, that's it, so what if the CEOs are all billionaires? If they don't bring me a billion in profits, guess I will kick them out."

Warren Buffett understands that the high-tech industry is more competitive than anyone can imagine. Without the previous carrot, his original team would have been dug out long ago.

Knowing this situation, not only did not shake the old guy's determination, but it strengthened his investment determination.

The chaos is good, if this industry is a pool of stagnant water, what investment value will come from there. Cisco, which has become a behemoth, can easily crush its opponents.

Or buy, or poach people. In short, if latecomers do not have a strong technological advantage, there is basically no possibility of survival.

As for whether it will encounter antitrust?

Cough cough, this is really difficult. If the Department of Justice keeps overturning in the same place, it will be criticized for its ability.

This thorn in the legendary world is here, and there is no benefit other than cheap feet. William White once uttered nonsense in public, how many years have passed since Pearl Harbor, do you forget how you were beaten in the first place? I pay taxes to the United States and leave jobs to you.

It's a pity that no one wants to. You want to see the economy of the foot basin take off, and you prefer the cars of the foot basin to fill the garages of the Americans.

You can see from this incident how William White is messing around. Not to mention, people who eat melons like this kind of melons. What a conspiracy theory, this story sounds so exciting.

"Good business, Warren, you won't regret your investment today."

"I hope so. You know William. I'm getting old. I really can't understand those books on semiconductors."

"Hahaha, actually, you might as well learn from me, what do you really think I voted for?"

"By the way, speaking of it, your latest VC seems to be taking a break. What's going on?"

William White smiled wryly. His original investment method soon became the standard of investment banks. If every family has a professor named, you let me choose a wool?

Buffett's investment was quickly learned by the capital market. While a group of bigwigs were a little confused, they took another look at these so-called high-tech companies.

Today's Nasdaq can only be described as hot. As long as you touch the Internet, you will be hot in no time. Even if you don't have anything to do with it, you still think about how to get involved.

Is there anyone worried?

Of course there are, and Greenspan is very worried now. People live long enough to see enough things. There is no stock market that only goes up but not down, if the current irrationality is magnified. He couldn't imagine it.

People in the foot basin can jump off buildings in an orderly manner, but the US emperor can't. A bad, really shootout every day.

Every time an economic crisis occurs, it is a shearing of the upper middle class. If a large middle class disappears, society will become turbulent.