Chicago 1990

Chapter 1132 Continuing to Diversify Risks

"Forget it, O'Grady, I don't want to invest in the stock market for the time being."

On October 27th, the U.S. stock market plummeted by 7% and triggered the first-level circuit breaker. Although it rose back to more than 4% the next day, it still scared Song Ya, "Since last year There are constant reminders of overheating, especially in the Internet industry ... You and I both know that almost none of them are profitable."

"It's just a ball game scam. Predict half of the 10,000 people that a certain game will win, and the other half will lose. There must be 5,000 people who think your prediction is correct, and then divide them in half, and so on... This is a matter of probability, and in the end you will always be a prophet who guesses right in the eyes of some people, and after building blind obedience trust, you can rest assured to reap money from cheating.”

O'Grady said: "Those stock analysts who warn that the market is overheating are similar. They are betting on the odds. If they are lucky, the public will think they are very good. If they don't, they will lose nothing, right?"

"It makes sense, but I think it's better to spread the risk... I have enough money in the securities market."

Song Ya said.

"Alright, anyway, now you are an unlimited capitalist (by the way, unlimited does not mean unlimited, but the translation of English Cosmic, readers should not think too much about it), you have the final say."

O'Grady asked, "So what are you going to invest in? Something less risky?"

Song Ya asked back: "I haven't figured it out yet, precious metals? Farms? What do you think?"

"I can't give you any advice. After all, I'm a stockbroker... Oh, yes, the new Brazilian government is doing a lot of privatization. Their mining giant Vale has offered 41.73% of its shares to the public auction. Interested?" O'Grady asked.

"So it's still a stock?"

"Of course, even if you want Buffett to play with him, you can only buy the stocks of his Berkshire Hathaway?" O'Grady laughed.

Song Yaxin said that the Madoff Fund would not be used, and retorted: "South Americans are always privatized, then publicized, and then privatized again. Isn't the risk greater?"

"So the response from the capital market is mediocre, and you may not be able to find a good price. It's an opportunity to miss out. The value of 41.73% is estimated to be less than 4 billion knives. If you are afraid of a coup, ask your politicians and friends. ’ said O’Grady.

"All right."

He put down the phone and walked to the rehabilitation room on crutches. It was November 1, 1997, and he was able to bid farewell to crutches. For some reason, he had a beautiful British-style antique civilized stick at home, which happened to be brought to him. use.

It's really time to meet the politicians. This year's money is lost, and next year's money will still be given.

Moreover, politicians have helped a lot this year. For example, Underwood was very proactive. He was very involved in the Motura matter.

"Boss, Mr. Yeremov's phone number." Private lawyer Song Zecheng came in to report.

"Come in."

Song Ya nodded, and began to perform rehabilitation exercises with the help of rehabilitation therapists and nurses, "Eremov, I let someone turn on the hands-free." He hinted that Yeremov should be careful when speaking.

"I just attended the first screening of Titanic at the Tokyo Film Festival with 20th Century Fox and director Cameron..."

The magnificent masterpiece of the truck driver was finally released to the public after repeated ticket delays. Yeremov said in a hesitant tone, "The viewers in this book like it very much, and I feel that the quality of the whole film is also very, very high, but... ..."

"But what?"

Song Ya frowned, didn't she want to rush to the street? Now 90% of the public opinion outside thinks that Titanic will end up like Future Water World, Cutthroat Island, Batman and Rubin, and the 60 million he spent is also being ridiculed by Hollywood, but it should be impossible? Once this film is launched, Xiao Lizi will definitely not get good resources like Kevin Costner, the director and actor of the future Water World, and he will not inspire so many movies in the future for him...

No, how can Xiao Lizi compare with Kevin Costner, who filmed Dances with Wolves and Bodyguards,

Kevin Costner can still get some small-cost opportunities now, and Xiao Lizi will definitely be gone this time.

"The length of the film is more than three hours, and...and..." Yeremov hesitated.

"Say what you know!"

Song Ya transferred to the treadmill impatiently.

"Mariah Carey didn't sing the theme song, it was Celine Dion!"

"SHXT! Didn't I ask you to say hello to 20th Century Fox?" Song Ya scolded.

"Director Cameron likes Celine Dion's version," Yeremov replied.

"Why is there a version of Celine Dion?" Song Ya was very surprised.

"Soundtrack producer James Horner sang the song to hundreds of female singers, and finally chose the demo tape recorded by Celine Dion."

"A group of rotten people who set their faces in the face and act in their backs."

Song Ya ordered, "Get me through to Bill McKennick, President of Fox Films."

"Bill, the promise means that you will do what you promised me!" He scolded the other party as soon as the call was connected.

"What?" Bill McKennick seemed to be out of the situation.

"theme song!"

"Oh, I have nothing to do with the truck driver, and you don't know! He can come as he wants, we can't control the length of adulthood, and he doesn't want to shorten it by a minute, let alone the theme song..."

Bill McKennik was very aggrieved, "To be honest, I'm under a lot of psychological pressure now, and I have insomnia all night. APLUS, for our investment, don't make extravagant incidents this time. After the movie pays back, we will Tack that truck driver again. Not now, now everyone has to coax him..."

"The account was settled with you during my coma!" Song Ya said in a toneless voice: "Let Cameron cut Mariah Carey's version back, isn't it more than a month before leaving the painting? There is still time. "

"Cameron said this is the final version..."

Bill McKennick did not dare to treat Yeremov the same way, so he could only pretend to be pitiful and continue to coax, "Now our interest is that the big ship can be released as scheduled in December and beat all opponents in the same period. A small victory is not enough, a big one is necessary." Only by winning and triggering a movie-watching boom around the world can we hope to pay back."

"What the hell!"

"Who says it's not..."

"..."

Song Ya was speechless, and he didn't want to stimulate Cameron. He was a time traveler, accidental factors, butterfly wings, what if history was changed and the movie was messed up? After all, 60 million real money was invested, and the risk was not worth taking, so he had no choice but to call his ex-wife.

"Mimi, uh... something I need to tell you, the Titanic theme song...was given to Celine Dion by Cameron."

"Oh." She agreed on the other end, as if she didn't care much.

"Are you not angry?"

"Forget it, my old lady sang that kind of adult lyrical singing, anyway, she has already successfully transformed, and it just so happens that she doesn't have to go back to performing that backward style." She replied.

"You didn't record a song for the Titanic?" Song Ya asked.

"Recorded, just recorded it casually, MyHeartWillGoOn, my heart is eternal, Walt also helped arrange the music."

"Oh, all right."

Forget it, the ex-wife didn't care about it, so Song Ya dropped her hand.

He is going to enter the recording studio soon, which is the most important thing at present. He keeps urging Estefan to get the Cup of Life back as soon as possible, and Linda is also speeding up the progress of upgrading the deep sea recording studio.

There is also investment. Since I am not going to continue to invest money in the stock market except for venture capital, then for the sake of risk diversification, it is time to hold some real estate that can preserve value for a long time. "Where did Ovitz buy the farm?"

He called Sloan to ask Sloan that it is not easy to buy a large farm in the United States. There are owners here in Illinois. Farmers rely on the land for their livelihoods. Generally, they will not sell the large tracts of land they live on unless they encounter financial crises.

"Maine," Sloan replied.

"Is the climate bad over there?" Maine is the most northeastern state of the United States, and most of the border borders Canada, so the climate is cold.

"According to Ovitz, Monsanto and other big seed merchants have developed cold-resistant crops, and now the agriculture there is another way to play, because the seeds cannot be cultivated by themselves, and special pesticides and fertilizers need to be purchased. The investment is large, and every year They have to buy seeds, pesticides, and fertilizers again. Small farmers pay for this cost through loans. Although large-scale mechanized production makes more money, and disaster-resistant crops also save a lot of worry, small and medium-sized farmers are actually more risk-resistant. But the ability has deteriorated, and if you don’t pay attention, you will lose the farm because you can’t repay the debt and become a slave to capital.”

Sloan said.

"Then I'll buy some too, and ask Ovitz to help find the target farm."

Small and medium-sized farmers are all red-necked, let them die, if they buy it themselves, they will definitely buy a large piece.

"Okay, why do you suddenly want to buy a farm?"

"Diversified investment, the circuit breaker on the 27th reminded me."

Song Ya plans to divide the money into three parts, and one part will be invested in long-term assets such as farms. I heard that Silicon Valley and the upstarts in the technology industry are using the money earned in the bull market to buy farms. For example, Ted, the founder of Turner TV Network Turner, TCI Network's John Malone, and Jim Clark were all in action, and of course Ovitz.

Invest in a precious metal with strong value preservation, such as gold or mining stocks like O'Grady's tip.

The last one continues to increase its holdings of Madoff Fund or other safer funds, and maybe buy some of Buffett's Berkshire Hathaway stocks.

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