Chapter 1800 City of Roses

"I just talked to Thomas Winkel at the meeting in Xiangjiang a while ago. I didn't expect to hear the bad news so soon~"

Bastian's words were a bit sad.

"This is the disadvantage of not having cash flow~" Yang Cheng now deeply understands the benefits of having huge cash flow. The ability to resist risks is one thing, and more importantly, he can buy and buy at will.

Since Yuan Shan took over Delta Air Lines, operating cash flow has shown a substantial growth trend every year, and this year it has reached 20%. It is expected that operating cash flow this year will reach as much as 7.8 billion US dollars. This amount In addition to paying dividends, the cash will also be used to repay debt and buy back shares. Of course, it is not surprising to set aside a small part for acquisitions.

Such high cash retention also makes Yuanshan's holding position more stable, and of course, there are generous dividends.

This year, Delta Airlines will allocate US$2 billion at one time to shareholders and employees. Everyone who invests in Delta Airlines will make a lot of money. Naturally, no one will raise any objections to Yuanshan Holdings Delta Airlines. objection.

You must know that there were always some racists in the past who spoke a lot about the Chinese holding Delta Airlines.

However, there is a reason for the large dividend this time. Next year, Delta Airlines will continue to invest in the refining field. Of course, it will inevitably open up new routes and restart its cargo business. All of these are inseparable from the support of large sums of money. Whatever you spend now, you will get back exponentially in the future. This is all a routine.

In short, Delta Air Lines is soaring towards higher skies. To this end, Buffett, who originally reached a deal with Yuanshan, once again used part of Berkshire's funds to purchase Delta Air Lines stocks. Of course, this is just an investment. There is no competition for management rights involved.

For this matter, the old stock god even made a special call to Yang Cheng, hoping that Yang Cheng would not misunderstand that he had no intention of competing for management rights, but just wanted to make money.

Yang Cheng welcomes such investors with both hands and feet.

After chatting with Bastian for a while, Yang Cheng heard footsteps behind him and turned around to find Luo Yue walking over in her nightgown, rubbing her sleepy eyes.

Yang Cheng opened his arms to hug the beauty, and the setting sun in the early morning shone in, hitting his body like a stage light. This scene was very much like a scene in an idol drama.

After hanging up the phone, Luo Yue raised her head and said softly, "Did I bother you?"

"Of course not. We just finished chatting. Why didn't you sleep a little longer?"

"Enough sleep,

Can’t sleep anymore~”

"Then wash up and go have breakfast?"

"good?"

"Together?"

"It's up to you~"

. . . . . .

After breakfast, we attended the Willamette Valley’s third wine auction this year according to the itinerary. The attendees were basically traders or private winery owners, and there were very few personal collectors. This also meant that the Willamette Valley The red wine has not really knocked on the door of the middle and high-end classes, and it still needs efforts.

The total transaction volume of the auction was less than 500,000 US dollars, which was far less than the previous two times. This is why everyone seemed not too enthusiastic. The auction ended in less than an hour.

Seeing that it was still early, Yang Cheng discussed it with Luo Yue and decided to take a bus to Portland for a walk. The distance was very close and the drive took about an hour.

There are several Portlands in the United States, but the most famous are undoubtedly the largest city in Oregon, located in the Northwest Territories, and the one in Maine.

Compared with other cities, Portland was developed relatively late. In other places in the United States, the British, French, and Spanish established colonies very early. They built cities there and encouraged immigrants, but Oregon is different.

About 200 years ago, Oregon theoretically belonged to the United Kingdom for a long time, but the United Kingdom did not spend a lot of resources to develop it. After all, North America was still a desert at that time, and it was located at the other end of the continent, not to mention the distance from the British mainland. The major cities in Canada are far away, the land route is too far, and the sea route is also very dangerous due to the presence of pirates, so it has not been developed.

During this period, a man named Lewis went on an expedition to the coast near Portland. After returning to Washington, he reported to President Jefferson what they had discovered in the west and told him that the land in Oregon was very fertile and very fertile. Suitable for American farmers to develop.

When Jefferson heard this, he thought it was a pity to leave such a good place. This is a holy land. Unfortunately, the United States was not strong enough. It was not until an agreement was reached with the British decades later that Oregon became an official territory of the United States. Before that, The Americans who visited Oregon were mainly adventurers and explorers, relying on the furs of beavers and other animals as a source of income. The locals called them 'mountain people'.

However, the first pioneers to arrive in Oregon were not Americans, but new immigrants who discovered that there was not much good land left in the east. They were forced to decide to open up new lands in the west. These pioneers were tenacious and used It took a long time to bring the whole family to Oregon to start a new life.

The road they took was called the Oregon Trail. Bad weather, bad mountain roads, mud roads, steep slopes, rivers that could not be crossed, cholera, and hostile Indians made most of the pioneers stay on the Oregon Trail.

Friends who have the impression should be familiar with this word. When I was a child, there was an old computer game called this name.

The final destination of these pioneers was the Willamette Valley, which they discovered was extremely fertile and later became one of the most developed agricultural bases in the United States.

At that time, every family arriving in the Willamette Valley could get a free piece of land. The climate here is warm and the air is humid but not humid. The four seasons are like spring, so vegetables and crops can be grown in every season. Today, the Willamette Valley It has become an important producer of blueberries, cherries, raspberries, apples and other fruits in the United States.

However, except for the fertile Willamette Valley, the long coastline, and the Columbia River Grand Canyon, most of Oregon's area is inland plateau and desert with low precipitation and extremely low population density.

Portland was a city established after Oregon became a state. It was named after Portland, Maine in the east. It is said that there were two people who first founded the city, one from Portland, Maine, and one from Portland, Maine. Two people from Boston had a fight over the name, and the man from Portland won, so the new city in Oregon was called Portland.

Okay, this is a joke, no one knows whether there was a fight or not, but it seems to be the case.

At that time, if Portland wanted to develop its economy, it could only rely on shipping. Forestry and agriculture were also important components, but shipping still accounted for a larger proportion. At that time, Portland was the most important port in the northwest United States. For a time, Seattle was suppressed.

But because Portland has gone through a long dark period, it has a bad reputation on the streets, because there are many bad people in the area, and gangs are roaming the streets.

There is even a red light district next to the port, but it was also the foothold of the Chinese at that time, also known as Chinatown. Many sailors who drifted at sea for a long time went to the red light district for recreation and relaxation as soon as they arrived on land, which naturally spawned casinos and bars, etc. After spending almost all your salary, you can get back on the boat and continue drifting.

It wasn't until the end of World War II, when the bad guys were mostly dead, that Portland's economic structure changed dramatically, from an industrial city to a service city.

The West Coast, especially Portland, has become the birthplace of environmentalism. It vigorously develops cultivated land and nature reserves, and has very strict regulations on urban construction. This has given Portland the reputation of the "City of Roses". Today, Portland, one of the most beautiful cities in America, also benefits from its preservation during this period.

With beautiful natural scenery and good economic potential, it has naturally attracted big brands such as Nike and Intel to settle in, including Adidas, whose US branch headquarters is also in Portland. These two brands have also played a role. Taking the lead, it attracted a number of clothing companies to settle in Portland.

You must know that Portland is only a third-tier small city in the United States. To be able to attract so many brands and large companies, beautiful scenery is not enough. It must also have high-quality educational resources, especially humanistic advantages.

This is indeed true. Like Seattle, Portland is one of the birthplaces of punk rock. As housing prices in New York and California skyrocketed, many artists, literary youths and entrepreneurs who were in the trough moved their families to Portland. , because Portland is very similar to New York and Los Angeles in terms of food and art, but the consumption is not as high as New York and Los Angeles. Coupled with the beautiful scenery and high-quality educational resources, more talents are willing to settle here, which solves the problem. Big companies don’t have to worry about not being able to recruit talents.

On the way, Yang Cheng told Luo Yue everything he knew about Portland, which aroused the mad admiration of his fiancée and also made Luo Yue yearn for Portland.

Not to mention anything else, just because of the perfect combination of beautiful scenery and delicious food, the interest in traveling has been raised to the highest level.

The style of Portland food can be summed up in one word - fresh. This is one of the birthplaces of the 'farm-to-table' dining model. Vegetables are grown here all year round, and the farms are in the suburbs. Therefore, there are so many farmers' markets in Portland that almost Every restaurant has the freshest ingredients available every day.

The characteristic of this dining model is that it goes directly from the farm to your table with as little processing as possible.

Eating is natural and healthy, and when the car entered the city, Yang Cheng and the others were attracted by the food trucks that could be seen everywhere. Yes, this place itself is a paradise for food trucks!

It has the most food trucks per capita in the United States and perhaps the world.

Don’t think that food trucks are cheap. The food produced by Portland-style food trucks is of very high quality and has a wide variety. Specialties from hundreds of countries can be tasted on the streets of Portland. The key is that they are cheap and there are many. If young people want to start a business and come to Portland to build a food truck, their chances of success are much higher than other projects.

Yang Cheng stopped the car directly and prepared to get out and have a feast.

"What is this? Rice noodles? Pad Thai? Do you want to try it?"

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