Chapter 2442 Absolute Rejection

In Georgetown, Vincent, who was lying on the carpet with his butt sticking out to adjust his model train, heard the door being opened and saw that Feng Yiping was coming home. He quickly got up and said, "Dad,"

Seeing the big box Feng Yiping was holding, he asked curiously, "What is this, Dad?"

"Guess," Feng Yiping placed the box next to his little railway kingdom and also sat on the carpet.

"Given it to me?" Vincent said happily.

Feng Yiping nodded.

The little guy opened it eagerly and immediately exclaimed, "Wow!"

"What's wrong?" Ma Ling came downstairs with a cell phone in hand. It looked like she was talking on the phone just now.

"Mom, look, this is the gift my father gave me." Vincent wanted to take the sailing battleship model out of the box, but he couldn't do it yet.

"Be careful," she couldn't help but glance at Feng Yiping as she looked at the HMS Vanguard mark on the battleship that Feng Yiping and Vincent took out.

"What's wrong?" Feng Yiping asked.

"Give it to Vincent, okay?" Marling said.

"That's good," Feng Yiping touched his son's head. After seeing the gift, the little guy was as happy as he imagined.

"Don't tear it down too quickly," Feng Yiping said.

"Well," Vincent put down his hand from the sail and carefully observed the inside of the ship through the porthole, "Dad, I want Uncle Rubin to modify it for me so that it can walk on the ground or swim in the water. ,"

"It's better to swim in the water,"

His toy system has actually completely covered the three aspects of sea, land and air. However, this is the first time he has received such an exquisite and large sailing battleship model.

"Uncle Rubin is very busy recently," Ma Ling said, "Don't disturb him yet,"

She also looked at the model curiously, "Did Mr. Berg give it to you?"

"yes,"

"Or, do we put it up?"

When Vincent heard this, he immediately protected the model and looked at his mother warily, "No!"

"Don't worry, mom will buy it for you again. I'll buy you a series, okay?"

"I don't!" The little guy was unmoved.

He is too young and does not have a long-term vision, and only values ​​the immediate benefits.

"It doesn't matter, you can play," Feng Yiping patted his son on the shoulder.

Vincent immediately dragged the model with great effort and care, keeping it farther away from his mother.

That little look made his parents laugh.

"You also know this?" Feng Yiping asked.

“In college, we went to Vanguard’s headquarters in Philadelphia,” Marling said. “We also went to Fidelity and State Street in Boston,”

"Oh," Feng Yiping then remembered that the person in front of him also graduated from business school.

Since I have been to these three stores, it goes without saying that I have been to Black Rock on Wall Street.

"There is a model of this battleship at the entrance of the Pioneer Group headquarters building," Ma Ling said.

"So, this is how you play with your son?"

"What does it matter? Look how happy he is," Feng Yiping pouted towards Vincent.

That guy doesn't have time to talk to either of them now.

Ma Ling wasn't being pretentious, she was doing it out of courtesy and respect.

This battleship is the British battleship Vanguard, which is also the origin of the name of the Vanguard Group founded by John Berger.

If Lao Ma is a martial arts fan, then John Berger can be said to be a military fan.

His first job after graduation was to work for Wellington Asset Management Group in Boston at that time, and the Wellington of Wellington Asset Management was the Wellington who defeated Napoleon.

Like Lawrence Fink and his Black Rock, who originally operated under the Blackstone Group but later became independent from Blackstone because they were dissatisfied with the dictates of Blackstone management, the conflicts between Berg and the Wellington Group later became more and more intense. bigger and bigger until eventually he was fired from the Wellington Group.

But at that time, all 11 funds in his hands were still using the name of Wellington Group.

In order to make use of the existing brand awareness of Wellington Group and make his new company smoother in the early stage, Borg hopes to continue to use the name Wellington. After all, changing the name is equivalent to starting from scratch - -This is why Lawrence Fink, who is now very bullish, chose a Black Rock that is so close to Black Rock after he left Black Rock.

But the Wellington Group disagreed and allowed only one of his funds to continue to use the Wellington name.

Borg had to think about a new name. Like everyone, it was not easy to find a suitable name for his company.

Unexpectedly, he is not only obsessed with the image of the Duke of Wellington, but also prefers words starting with the letter W or V.

Later, when renovating his office, Borg bought a batch of prints reflecting the Napoleonic Wars, including six paintings of the Duke of Wellington's battles and six works reflecting Lord Nelson's naval battle scenes.

That naval battle was a naval battle of far-reaching historical significance between Britain and France near Cape Aboukir at the mouth of the Nile.

After leading the army to defeat Napoleon, British Commander Nelson praised the soldiers on the flagship HMS Vanguard, saying, "Proper command, brave soldiers, strict military discipline, invincible and invincible!"

This immediately resonated with Borg, and he also hoped that he could steer the "Pioneer" to ride the wind and waves, so his fund had a new name, "Pioneer."

By the way, not only the company name comes from the British battleship, but also the buildings of Vanguard are named after other battleships in the battle, such as Theseus, Alexander and Magnificent.

Moreover, the employees in the company are also called crew members - Feng Yiping highly suspected that in this matter, Lao Ma borrowed from John Bogle.

Think about it, he also did this in Alibaba, gave himself a knight's name, and named the conference room and office with "Guangmingding" and so on.

In short, Bogle really led Vanguard Group from one success to another, and finally became one of the two heroes on par with the old Fidelity.

Although Lawrence's Fink has now become the first global asset management company, his Vanguard is still in the top three.

The biggest difference between Vanguard and all other asset management companies is that his company belongs to all fund holders, so he does not need to find ways to strive for higher commissions for the operating team while guaranteeing the interests of investors.

So his fund is a commission-free fund, so it is very popular with investors.

Unlike Fidelity's radicalism, Vanguard is relatively conservative and has a lot of ways to deal with financial crises.

During the financial crisis in 1987, other companies suffered great losses, but Vanguard achieved great development because of its proper handling.

Feng Yiping combined a lot of information and roughly came to a conclusion. According to Vanguard's style of doing things, it is very likely that he will be on par with Black Rock in the future.

Like the other three companies, Black Rock, Fidelity, and State Street, Vanguard has also invested in many high-tech companies. Feng Yiping also had a pleasant cooperation with Vanguard when acquiring Netflix. It happened that this time, Vanguard did not join forces with Black Rock and Fidelity, so this is a very suitable object for unity.

You can be disdainful of Wall Street, you can say that they are a group of idiots and termites, but in any case, you have to respect their strength.

Feng Yiping knows that at this time, he, or in other words, there is no company in the world that can independently fight against Wall Street, so unity, or winning over a group of people, is obviously a pragmatic and necessary decision.

Although no agreement has been reached with Vanguard Group at present, both parties are relatively satisfied.

Vanguard Group naturally hopes to have more cooperation with Feng Yiping in the future, and Feng Yiping also understands that there will inevitably be opportunities to deal with Vanguard in the future.

At the same time, this meeting was also part of his plan. He believed that at least Lawrence Fink of Black Rock and Edward Johnson of Fidelity would be restless after hearing the news of this meeting.

He guessed correctly. Jack Brennan, the successor of John Bogle and the current CEO of Vanguard Group, received some calls from people asking about the relevant situation at this time, but he blocked them all with one sentence, "Sorry, Mr. Bogle's trip to Washington is a private trip, and we don't have any news to release."

This statement made it impossible to refute.

Because John Bogle has indeed retired.

However, Lawrence Fink and Edward Johnson couldn't help but swear after hearing this answer. Private trip? Who the hell are you kidding!

But rather than being angry, they are more worried. Don't let the damn guy Vanguard get away with it easily after working hard to set up the stage.

You know, the reason why they didn't bring Vanguard in at the beginning was that they didn't want Vanguard to benefit from it, but now, they actually have some intention of making wedding clothes for Vanguard?

"Edward, I think we need to arrange another meeting with everyone," said Lawrence Fink.

Edward Johnson agreed. They were also surprised by the commotion Feng Yiping had caused on Capitol Hill. As a result, he was immediately trying to win over financial giants like Vanguard. They really needed to re-examine and arrange their next plans.

…………

"We're leaving tomorrow," Ma Ling said, lying in Feng Yiping's arms, looking at Vincent over there.

"Why, are you reluctant?" Feng Yiping asked.

Ma Ling didn't say anything.

She was indeed reluctant to leave such a life.

Feng Yiping was about to comfort him when her cell phone rang again. It was Cummins who called, "Feng, someone just came to me,"

"Who?"

"A staff member of a Chinese congressman on Capitol Hill," said Cummins.

Staff member of a Chinese congressman? There were no Chinese congressmen in California at this time. "What's their purpose?"

"It sounds like they mean to support you on Capitol Hill in many things,"

Feng Yiping shook his head immediately, "No need to contact them again. I'm not interested in this at all,"