Section 176 Acquisition of Japanese Enterprises
Buffett has a lot of friends wherever he goes. Li Cong waited in his room for half an hour before the old man came back with a rosy face. It looked like he had a lot of drinks. In fact, the bosses outside His net worth is not thin, but compared with people like Buffett, it is still a lot worse.
"How is it, Mr. Buffett, are you satisfied tonight?" The guy was still drunk when the waiter was helping him just now. As soon as the waiter went out, his eyes became sober, and Li Cong was stunned for a while. It's just that he is good at stocks, and he is not an ordinary person in acting. Maybe going to Hollywood to develop is a special world.
"Very good, you Chinese are really hospitable, and there are too many ways to drink, and you meet and drink and deepen a few times, and in the end there is a wine called "Menqian Cup". How many years has it been? I drank the most tonight, but your two daughters are really a pair of angels." It can be seen that Buffett also likes his daughter very much, but Americans are not as particular as Chinese, I don't know Should I give a gift or something on the first birthday? It's no wonder that their 200-year history cannot be compared with our 5,000-year history.
Li Cong personally made a cup of hangover tea for the old guy. Drinking alcohol at this time is obviously not acceptable.
"Oh, you Chinese have ruined this tea. I have been to Japan, and people there don't use this kind of glass to ruin good tea." Buffett said thoughtfully, and Li Cong wondered if this American How can people understand the word "spoil"? It seems that this guy has really worked hard to study Chinese culture.
"I don't understand these things. Compared with our Chinese tea ceremony and the like, the Japanese are just pediatrics. They just fiddle with it. In fact, they haven't learned the essence. They have learned a little bit of half-knowledge and show off to you Americans. We Chinese all know what it means to be modest.” Faced with such a problem, Li Cong could not give in. It was related to the dignity of his own country, so how could he let the little devil get on top of him.
"Hehe, you Chinese don't bow your head when you encounter some problems related to the Japanese. I'm afraid this is a common problem of all the Chinese I've seen. Your two countries are really feuding." Buffett Thoughtfully speaking, indeed, if you are not a Chinese, you will not understand all this in your heart.
"Hehe, anyone who is a Chinese will feel the same way as me about this matter. People in our society now think that Japan is our friendly neighbor, but I don't think so. I think that this nation will one day be in this country sooner or later. Erased from the world, in fact, let alone your success in blocking the yen this time, even if you fail and cause some losses to the Japanese, I will not be stingy with the money." What Li Cong said made Buffett Looking at it differently, after all, there are not many people who can use tens of billions to go out to fulfill one of their wishes. Based on this, Li Cong is going to be a partner.
"Speaking of the economic crisis in Japan this time, I estimate that it will take at least five years to return to the level before the crisis. These are the promissory notes of Citibank and UBS. One is 25 billion and the other is 30 billion. This is the This time, but I have a bigger plan to let you know first, lest you spend all the money." After speaking, Buffett took a sip of tea, put down the cup and saw that Li Cong's longing eyes were gone It’s a secret, Li Cong is a real person, I can’t play games with him, it’s better to go straight. After contacting Buffett several times, I also know that Li Cong likes the direct and doesn’t like the corners. “The stocks of major Japanese groups are all It is very beneficial to buy at this time when it is plummeting, and it is very helpful for us to grasp the lifeline of Japan's economy. Among them are the Panasonic and Sony brands that you Chinese like. As far as I know, you are building a large-scale in China. If you win these two brands, it will be very beneficial to you, and let the boss of a well-known Japanese company become a Chinese, and you are still an angry youth like you, isn't it a very happy thing? Is it?" Buffett smiled maliciously,
What an old fox, Li Cong couldn't refuse what he said, and he made himself very comfortable to accept it.
"Mr. Buffett, I really don't know how to answer you. You asked a question that you already know the answer to. Tell me about it. Actually, I am very, very interested in being the boss of a Japanese company. Don't let me down." Li Cong said, the joy in his heart had already leaked out.
"Of course, when have I let you down? Since our cooperation, although my fee is a little higher, you can definitely get good benefits. For Japan, we have to target the six major consortiums, because they are the most It is possible to return to the pre-crisis level within five years, and it may even double. The six consortiums have made a huge contribution to resisting the invasion of state speculators this time, but they have also turned their profits into a pile of waste paper, so now The six major conglomerates in Japan are strong outsiders and middle-ranked. As long as we make a comeback in the stock market, we can buy a large amount of their assets at a very low price. After the economy recovers, we can continue to operate or sell them for a profit. I don’t know. Which companies do you want to acquire?" Buffett may feel that he always said to himself, but Li Cong asked without saying anything.
"Me?" Li never expected Buffett to ask this question, which means that Japanese companies are fish and meat, and I am Daozu.
Li Cong is a serious businessman who naturally doesn’t understand the major groups in Buffett’s eyes. Buffett is best at acquisitions and anti-acquisitions. As long as there are enough profits, he can launch an acquisition war for all companies, and he can guarantee success. , so in his eyes any brand is fine, let alone Japan after the financial tsunami.
"There are quite a few companies that I want. Look at the Japanese companies that are showing off in China one after another. I think it is better to concentrate on buying one company in an all-round way than buying multiple brands, such as the Sony you just mentioned. Panasonic." Li Cong tentatively asked, these two big groups are not "small groups" like Taiwan's Wang Consortium.
Buffett frowned. It seems that the Chinese boss doesn't understand these acquisitions at all. No wonder, if Li Cong understood, how could he hold 100% of the energy group? You must know that it has reached the scale of the energy group The entire company is still in the hands of this one person, and the group is unique in the entire world.
"Li, you have to understand that these groups are all leading companies in Japan. You Chinese are patriotic, and the Japanese love their national companies very much. It is impossible for us to completely acquire a group, even if it is any one. We can only buy Some of the shares, and it is impossible to control most of them. I think the Japanese will not lose to any of our groups even if they try their best. I think you should take a look at my suggestion. The consortium we acquired includes Mitsubishi, Mitsui , Sumitomo, Fuji, Sanwa, Daiichi Bank and other six major consortiums, I think you know the brands of Fujitsu, Toshiba, Sanwa Bank, Hitachi Group, Panasonic Group, Mitsubishi Heavy Industries, etc. My The subordinates have calculated that we can use 10 billion US dollars to buy 30 billion US dollars of stocks first, which is almost like stealing money." Li Cong blushed when he heard Buffett's words, but he was overwhelmed by such a top investor. Criticism is okay.
"Then follow your plan, how do I cooperate?" Let's not talk nonsense about what we don't understand, this old guy is trustworthy in this regard, "And can I let some people in my company Go to your place to learn experience, you also know that I am a novice, I can always go to you to buy some stocks or something." Li Cong said shamelessly, you must know that going to Berkshire Hathaway to study is He wanted to copy other people's backs, but Buffett said nothing on the surface, and he couldn't offend Li Cong for such a thing.
"We'll talk about the training of your personnel later. After I go back, I'll transfer you a small team, which can definitely handle acquisitions worth billions of RMB. I've seen the acquisition case by Jiang Qinglan under your command, and it's pretty good. It may be naive internationally, but it’s perfectly fine in mainland China.” Listening to Buffett’s way of belittling China’s economic manipulation capabilities, Li Cong looked disdainful, “Let’s continue with our acquisition case, we can’t If you make a big move, the funds used cannot be too large. The entire acquisition will last for about two months, and the total amount will not exceed 100 billion U.S. dollars. You and I will each get 50 billion U.S. dollars. Forty-eight per cent." This ratio is much lower than when we cooperated with Li Cong before, and it seems that there is already a friendship between friends. In fact, what Buffett thinks is that even Skull and Bones will show his favor to you, so I will follow.