roccoschili Chapter 666 Trip to Hawaii (58)
Chapter 666 Trip to Hawaii (58)
new day~
new York.
Manhattan, Wall Street.
Passersby in a hurry walked into the Stanley Building against the cold wind.
four floors.
In Sam Rogers' office.
Mu Brandes is reporting to him the results of his acquisitions in the stock market in the past two days~
"We paid a premium of 15% to 20% for Berkshire Hathaway's shares and only acquired 660 shares."
"As of yesterday, we had purchased a total of 10% of Berkshire Hathaway stock."
"The 15% target set by David may take another month to be fully achieved..."
"Hmm~"
"Where's Buffett?"
"Neither he, nor Charlie Munger, called you?"
"No."
Sam and Mu Brandes looked at each other and smiled.
As stock market trading continues to heat up this year, Berkshire Hathaway’s overall valuation has also risen with the tide~
They have obtained more than 10% of the stock, and the company's actual managers, Buffett and Charlie Munger, did not even call. .
There are only two possibilities!
Or, neither of them had any objections to David's desire to become the company's majority shareholder and chose to accept it silently.
Or, the two of them were too distracted by other things to make a phone call. .
Mu Brandes smiled and put the folder in his hand in front of Sam: "'Super Money' and 'Forbes' have given Warren Buffett some fame on Wall Street~"
"But~"
"The trouble with Geico Company has just passed not long ago..."
"Buffett is about to face a second trial on charges filed by the Buffalo Courier-Dispatch."
"The "Buffalo Evening News" he bought now seems not to be a good investment, but a big trouble!"
"Hehe~"
Sam opened the folder and looked at it for a few times, shrugged and said, "Yeah~"
"The real big trouble is that he has plunged himself into a crisis of public opinion!"
“Just because the Omaha Sun he bought is successful, doesn’t mean the Buffalo Evening News will be successful too!”
"It's not just that it hasn't been as lucky as The Washington Post."
"It's even more because now domestic local small newspapers similar to the Buffalo Evening News have entered... the stage of serious illness that is difficult to treat ~ coupled with the union's trouble..."
"Unless he has stronger support or incredible luck, the Buffalo Evening News can break away from regional restrictions, completely reborn, and enter the ranks of domestic major newspapers."
"Otherwise, he will have no choice but to be dragged into this endless industry internal strife by the Buffalo Evening News!"
"...Yeah!" Brandes nodded in agreement, took out another folder, and smiled.
"This is the latest list calculated based on last night's stock market closing price~"
"Only two of the stocks we hold now are in a period of price shock and there is no obvious rise."
"The rest of the stocks have risen to varying degrees!"
"..." Sam nodded silently, looking at the string of "pleasant" numbers on the latest statistics table, he felt a lot more relaxed.
. . .
Mu Brandes, not long after leaving Sam's office, Bernard Madoff knocked on the door with brisk steps.
Sam smiled and asked him to sit down, put aside the work at hand for the time being, and asked.
"Is everything done?"
"Ok!"
Madoff took out several folders and two thick portfolios from his briefcase, placed them in front of Sam and smiled.
"I have already gone to the bank to transfer Mikhail's investment to him~"
"I just checked with the financial director Erwin Barnetta for all the funds invested this time."
"These two portions are for sugar futures..."
"ok~"
After Sam read several documents one by one, he thought about it, looked at Madoff calmly, and said.
"You deserve your share. When the boss comes back, I will..."
"Hehe~"
Madoff waved his hand, not paying attention to Sam's attitude: "I stayed at the Plaza Hotel last night with a smile."
"When I was chatting with the lobby manager, he told me: The business groups that came from the island country last month have all left the hotel."
"But from the few words they exchanged, he learned... that one of the purposes of this trade group coming to New York is the minimum price system for imported steel that the government started to implement last month!"
"Minimum... price limit?" Sam asked with a frown, not paying any attention to this matter.
"You know about this?"
"I just went to find a friend to find out, so I came here to tell you..."
Madoff took out a notebook from his pocket, opened a page, and read: "That friend of mine said~"
"Since 1971, the domestic steel smelting industry, as well as the entire steel industry chain related to it, have been trapped in a vortex of price competition with imported steel and related products."
"In 71, the total domestic steel imports have exceeded the highest level in history, reaching 2049 million tons."
"And last year..."
"No! It's 77!"
“In 77, the total domestic steel import volume was: 1930 million tons!”
"In the market competition of the past ten years, domestic steel companies have been completely at a disadvantage."
"So, this has gradually aggravated the outbreak of many problems within steel companies, such as aging equipment, low efficiency, and high costs~"
Madoff put down the notebook in his hand and smiled at Sam, who was frowning and thinking, "I remember... Carolina Dahl, the head of the company's administrative department, once worked at Kaiser Steel, right?"
"If you want to know more... you might as well have a chat with her~"
When Sam heard this, he took a deep look at Madoff and nodded.
Madoff picked up his briefcase, stood up and said with a smile: "In the past three weeks, the stock prices of steel companies in the stock market have experienced a rebound~"
"The total transaction volume of our company has also increased significantly."
“Yesterday alone, the total amount of stock transactions exceeded 450 million yuan!”
"Among them, stock transactions involving domestic steel companies account for about one-third."
"In the short term, President Warren White's price limit order on the island nation's steel industry has indeed had some effect."
"But how long will this effect last?"
"Hehe~"
"I go first!"
"Yeah!" Sam stared at Madoff for a few seconds and nodded slightly.
Madoff turned around, walked to the door, and asked again.
"I'm going to hold a small party at home on the weekend~"
"Are you coming over too?"
"..good!"
"Remember to bring your wife with you!"
"We're a family gathering."
"ok~"
. . .
Bernard Madoff, gone.
Sam pointed to his chin with both hands, frowned and thought for a moment, and couldn't help but smile.
This guy!
It’s getting more and more interesting~
----
Manhattan.
At the easternmost end of Wall Street, in a cafe near the East River.
Rudy sat near the window and waved to Yuri Orlov at the door.
Yuri sat across from Ludi anxiously, watching him order a cup of coffee for himself, forcing a smile and asking.
"Why are you looking for me?"
"Hehe~"
Ludi took a sip of coffee, stared at Yuri intently, and said.
"David already knows about your family's affairs~"
"He specifically asked someone to call me this morning and asked me to help you solve the follow-up problems."
"..." Yuri felt a little dry in his mouth, swallowed, and nodded to express his gratitude.
Lu Di waved his hand to him, indicating that he could relax, and continued: "Mike Bai, you told me about your family affairs."
"But you are not my employee!"
"I'll help you.."
"I understand..Thank you!"
"Ok!"
"If you want to thank me, you should leave it to David."
"..." Yuri closed his mouth, not knowing what to say. .
Ludy smiled amusedly, watched the waiter serve Yuri coffee, and asked.
"Have you discussed it with the pick-up person? Have you made a decision?"
"not yet."
"Then you are planning to open another restaurant?"
Yuri held the coffee cup in both hands and said hesitantly: "My parents are old and their work in the restaurant is too..."
"My brother likes to be a chef..."
"So, we are going to find another place to open a small restaurant for my brother Vitali..."
"Hmm~"