Chapter 670 Real Estate and Finance

In Century City, in an office building not too far from the Relativity Building, the newly decorated Pacific Investment Foundation welcomed a group of new investors.

In the meeting room, according to the previously negotiated contract, Scott Swift formally signed several middle-aged Jews.

After signing the contract, Ronan shook hands with the guests from Israel one by one.

"Happy cooperation!"

"Happy cooperation!"

Both parties laughed very heartily and were very satisfied with this investment cooperation.

After signing the agreement, these individual investors did not stay in the Pacific Investment Fund, and quickly left with their lawyers.

Ronan was in a good mood, and chatted with Lawyer Dana and Scott for a while.

These six individual Jewish investors from Israel invested a total of US$96 million in the Pacific Investment Fund.

"Although the investors are small rich, we have opened up a breakthrough in Israel." Scott has a sense of accomplishment: "This means that we may continue to get investment from Israelis in the future."

"Well done." Ronan also praised at the right time.

Scott can be said to have made great contributions to being able to come to Israel to invest. In order to open up the Israeli market, Pacific Investment Fund, Scott has made efforts for more than two years and has traveled to Israel more than 20 times.

Scott added: "This is also the first time we have accepted large-scale investment from individual investors. We can take this opportunity to attract more personal funds in the international market."

Ronan nodded: "Yes. But one thing to note is that the Pacific Investment Fund must maintain a good reputation."

Scott said seriously: "This is the foundation of the Pacific Investment Fund."

Compared with those well-known foundations, the Pacific Investment Fund is small in scale, and the funds operated during the same period have never exceeded 1 billion US dollars. However, the Pacific Investment Fund has a very good reputation and has never defaulted on investors' funds and income.

This is also one of the reasons why the Pacific Investment Fund can continue to attract investment.

Another big reason is naturally that the return of the Pacific Investment Fund is not very high, but it is a stable income.

Since the law stipulates that investment funds cannot advertise, word of mouth becomes very important, especially for small and medium-sized foundations.

After leaving the Pacific Investment Fund, Ronan came to the Beverly Hills Business Club, where he met Richard Fuld, the senior president of Lehman Brothers.

"Some time ago, I chatted with Bob." Richard Fuld went straight to the point: "Mr. Anderson, I don't know about your investment proposal for Lehman Brothers..."

Ronan said with a smile: "I am very honored that Lehman Brothers has taken a fancy to Relativity Entertainment. If Relativity Entertainment encounters financial difficulties, we will ask Lehman Brothers for help."

Richard Fuld said: "Lehman Brothers invested not only capital, but also a broader business platform."

This is the natural advantage of large investment institutions.

Ronan continued to decline: "If there is a need in the future, I will not be polite."

It is not easy to get an investment opportunity in such an entertainment group company with high profits, rapid development, relatively complete industrial structure, and temporary shortage of funds. Richard Fuld knows this very well.

Hua Erjin relied on a large sum of money to wreak havoc all over the world, and the benefits he used moved people's hearts.

Richard Fuld decided to give Ronan a good chance: "Mr. Anderson, Lehman Brothers is launching an investment plan with unlimited prospects."

Who was Ronan, he instantly understood that this was an exchange of benefits, but he didn't respond.

Richard Fuld thinks that the plan launched by Lehman Brothers is very impressive, and it is true. Many investors and investment companies are investing in the plan of Lehman Brothers. He introduced the situation to Ronan in detail.

"For other investors, there is only about a six percent return on investment." Richard Fuld was very generous: "But Lehman Brothers is willing to promise Mr. Anderson a seven percent return on investment."

When Ronan heard about the real estate market, loan plans and insurance companies, he secretly became vigilant. Although he didn't know much about the previous economic crisis, he also knew that the real estate industry and the insurance industry were in bad luck.

Isn't Lehman Brothers trying to trick him?

However, Ronan then vetoed the idea, because Lehman Brothers probably didn't know how big the future risk was.

Richard Fuld added: "Such a high rate of return on investment is extremely rare on Wall Street."

Ronan turned his head quickly, and determined that this was an exchange of benefits. He asked Lehman Brothers to invest in Relativity Entertainment, and then Lehman Brothers gave him a chance for a high return on investment.

It seems nice, but is it actually?

Of these big Wall Street companies, none of them simply traded uncertain future investment income for his current shares in Relativity Entertainment.

What a smart deal, what a bargain.

Ronan said politely: "Mr. Fuld, I am very grateful for the kindness of you and Lehman Brothers, but I don't have funds in my hands. I will not participate in such a huge investment plan."

Richard Fuld frowned slightly and asked, "Are you short of money? As far as I know, your salary and dividends in Relativity Entertainment..."

"I have other investments." Ronan roughly said: "I personally invested in some high-tech industries."

Not to mention the huge risk of cooperating with Lehman Brothers, even if you really want to invest, wouldn't Apple and Amazon, which are more secure, be better choices?

In terms of real estate, Ronan is not familiar with it. It is best not to touch unfamiliar businesses, especially when huge amounts of money are involved.

A similar chicken soup was once popular, saying that people must escape from their familiar and comfortable circles, otherwise they will become decadent, do not know how to make progress, and will eventually be abandoned by society and the times.

Some people who have been brainwashed by chicken soup can't wait to jump out of the industry they are familiar with and start a new business.

Then, he fell to pieces in a brand new field.

Some people may have succeeded, but for Ronan, there was no need to take such a big risk.

Being rejected repeatedly, Richard Fuld was somewhat impatient, but he still said patiently: "Mr. Anderson, a big Wall Street company, can bring more energy than most people imagine."

These words seem to be considered for the entertainment of the theory of relativity, and they are also faintly showing muscles.

Ronan could tell that Wall Street capital could never be ignored, so he said, "I admit this, so Relativity Entertainment is cooperating with Goldman Sachs."

"Goldman Sachs?" Richard Fuld was very surprised.

Ronan said again: "It involves commercial secrets, so I can't say more."

Mark Randolph and Robert Iger have negotiated with Goldman Sachs, and Goldman Sachs will be responsible for handling Netflix's listing.

So there is nothing false about Ronan saying that Relativity Entertainment is working with Goldman Sachs.

Goldman Sachs is very optimistic about the prospects of Netflix, so at this stage, the interests of Relativity Entertainment and Goldman Sachs are consistent.

In the end, the talks did not yield any results, and Ronan and Richard Fuld ended the first meeting in a friendly and polite manner.

For Ronan, Lehman Brothers was a sinkhole that couldn't be filled no matter what.

In the eyes of Lehman Brothers and Richard Fuld, Relativity Entertainment is, after all, a quality investment that you can invest in, not something you have to do.

The world is too big, business and trade are becoming more and more extensive, and there are many companies and fields that can be invested.

The entertainment industry is just one of the many choices, above average.

Relatively speaking, Lehman Brothers is more interested in real estate, finance and insurance.

For the United States, real estate and finance can make the country prosperous.

Wall Street can be said to play finance well. All kinds of intricate financial investments are simply dazzling. Not to mention that Ronan is not proficient in this industry, even if he is familiar with it, he will not rashly participate.

In the film and television industry, and even in the Internet industry, Ronan has unique advantages, but if he enters the financial industry, he will only become a fish on someone else's chopping board.

On the third day after Ronan met with Richard Fuld, Marvel Entertainment sued Twentieth Century Fox to the Los Angeles District Court in a lawsuit, linking "X-Men" and "Fantastic Four" copyright disputes to the law.

It is very difficult to win this lawsuit, but like the new "Fantastic Four" comics, Marvel Entertainment is also showing its tough attitude in this way.

At the same time, Marvel Entertainment also applied to the court, because of copyright disputes, any film and television adaptations of "X-Men" and "Fantastic Four" are not allowed to be listed.

Of course, the court will not make a ruling immediately, and this copyright dispute lawsuit must be fought.

At the same time, Arthur Macomb, representing the copyright department of Marvel Entertainment, also approached Sony Columbia Pictures and wanted to negotiate with Sony on the copyright and revenue sharing related to "Spider-Man".

Compared with 20th Century Fox, Relativity Entertainment has a better relationship with Sony Columbia Pictures in the past, and Sony's handling method is also softer.

Sony Columbia Pictures sent a three-person team to talk to Arthur Malcolm, but the talks didn't go very well.

According to Arthur Macomb, the purpose of Sony Columbia Pictures is not to talk, but to drag.

Procrastinate first, and then talk about other things.

It will not be easy to recover even a small part of the copyright proceeds from the sale.

Ronan had expected it a long time ago, making Marvel Entertainment ready for a long-term battle.

In any case, it's better to be able to talk about it than to say nothing at all, and it's better to refuse directly.

Marvel Entertainment brought the copyright disputes of "X-Men" and "Fantastic Four" to law, which is tantamount to disclosing its contradiction with 20th Century Fox.

Twentieth Century Fox was extremely annoyed, especially when Marvel knelt down and almost begged to sell their son before, but now they want to share the cake on Fox's head.

A 20th Century Fox executive who is very familiar with Marvel left Los Angeles and made a special trip to New York.