Vol 5 Chapter 129: Imagination

Bulgaria in 1927 was already one of the most prosperous countries in the world at that time, and its comprehensive national strength was second only to the British Empire.
Looking at these materials, Ferdinand is very relieved that the data will not lie. Judging from the speed of economic development, Britain and France are now in a period of rapid development.
However, Britain and France are false prosperity. After all, the fake is false. The bubble bursts as soon as it bursts. It is only a matter of time.
Perhaps from the perspective of individual capitalists, the financial industry has the highest rate of return, followed by real estate. The risks of these two industries are relatively small.
Of course, this is only for big capitalists and consortia. Individuals or small capitalists must enter the industry to test their vision and luck. Otherwise, there is nothing left to be swallowed!
Ferdinand was deeply touched at this point. After entering this rank, he knew what was going on in the capital market in this era.
For those who made their fortune from stocks and become the world's richest man, he can only say that he did not wake up!
Inventions and creations can indeed make you rich, provided that you have the ability to defend your rights worldwide and choke off pirated copies in the cradle, otherwise sell a melon and two dates.
Patents such as adding an eraser to a pencil, or designing a stationery box, etc., with good luck, can be sold to others, plagiarism should not be too simple.
Do not talk about patents for products that can be produced by family workshops. It is impossible to defend rights. Does Ferdinand's first department store only charge symbolic patent fees?
This is for the sake of his family background, to give some sense of face, remote areas have no meaning.
Compared with the real economy, the investment is large and the returns are slow. The financial industry in this era is indeed a huge profit.
Routine operation, doubling the annual profit in the capital market, is not a problem for Ferdinand. In the real economy, it can have a profit of 30 to 40 percent, which is a profiteering industry.
Over the years, Ferdinand has not done nothing. Affected by previous lives, he has seen many traversers break out with patented technology, and naturally follows suit.
For example: I heard that selling stockings made billions of dollars, and in 1921, Ferdinand made people develop nylon stockings technology.
After being put on the market in 1924, the effect was indeed very good. It was snapped up by women and then made a small profit.
What about billions of dollars? Why has his total sales been less than 300 million levs for more than three years, not even 100 million US dollars, so has the rest been corrupted?
This is okay. After all, the market is limited now, and the number of people who can afford the world is limited. He knew in advance, and then Ferdinand developed penicillin.
Want to come to the pharmaceutical industry is the most profitable, and the audience is wide, this is definitely a big profit.
That's right, this invention is really profitable, the profit margins are all over 300%, and the net profit reached hundreds of millions of levs every year.
Has Ferdinand grown up with these inventions?
The answer is up!
However, it did not make money by opening a factory. A leather bag company was registered in London, and the overseas production rights of these patented technologies were authorized to this company. Then a factory was set up for sale. After occupying the British market, it was then listed in London.
Next, raise the stocks of the company and cash out slowly. This is a legendary high-quality enterprise, which has a large amount of income every year, and with the development of the economy, the income will increase significantly.
Of course, the stocks also went up and up. A factory with machinery and equipment less than two million pounds has become a giant with a market value of more than one billion pounds under a series of operations.
Ferdinand is fairly polite. After all, this is a high-quality enterprise. The profit of three or five leva each year is only a hundred times the operating profit of the city.
Anyway, as long as there is no problem in the operation, the drug company will not go bankrupt. In case of luck, several new drugs will be developed, and everyone will make money?
Ferdinand simply advances the company's profits in the next few decades and sells the company when the stock market price is highest.
When the economic crisis broke out and the company's stock price fell, he bought it again and continued playing.
In the capitalist world, is it possible that the financial crisis will not occur for decades?
Obviously, it does not exist, then this game can continue to play. Anyway, the patent is only authorized, and even if it is played, he can breach the contract and recover the patent right in advance.
Isn't it a penalty fee? Minor issues are already in the contract.
Whether it is pitting people or making money, anyway, the laws of this era are not perfect, which is legal "make money!"
The specific operation depends on his rhythm. Usually people do not do it all at once, and shearing must be done slowly.
Only by letting the stock market fluctuate continuously can we maximize the benefits. The harvest must also boil the frogs warmly, and constantly attract newcomers. Otherwise, it will fall to the bottom of the valley at one time and there will be no play later.
If no one trades, a certain stock is likely to stop at a certain position and there will be no large fluctuations for a long time.
In short, under the favorable market conditions, that is, hello, hello everyone, even if the dealer is harvesting, the overall is still rising.
When the sheep are fattened, the economic crisis will almost come and can be slaughtered. Any problems that occur at this time can be pushed to the market environment.
To be even darker, just take someone else's company to the market, earn a few commissions as a securities company, and use inside information to make a time difference to make money.
Ferdinand is a good guy. He basically doesn't play stocks. He usually doesn't do anything except in the harvest season.
After all, compared with these low-level methods, banks have to make more profits, and using other people's money to make money is the best choice.
This is why, after so many years, there are at most three or four similar companies established in other industries, and the number of banks must exceed three digits.
As large as the Royal Bank, it has tens of billions of leva's assets, controls hundreds of billions of leva's industry, and its influence has spread to major countries in the world.
As small as a local bank, the assets are only a few million, and the influence is only a city. A little wind and grass may cause bankruptcy.
In this era, the average life span of the world's enterprises is less than five years, and the average life span of enterprises that are brave enough to expand and innovate is even less than two years.
And the more chaotic the situation, the shorter the life expectancy of enterprises in areas with backward economic development, and vice versa.
The survey data shows that Bulgaria's family businesses have the highest proportion of all developed countries in the world, and more than 95% of the businesses are inherited by families.
Similarly, the average life expectancy of Bulgarian companies is the longest in the world, and by 1927 the average life expectancy of companies was 25 years.
If the previous life claims that the family business has a curse that the average life expectancy does not exceed 25 years, then the largest wave of bankruptcy in Bulgaria's history is coming.
Well, Ferdinand did not take this legendary curse at all. Even if the average life of a family business is only 25 years, it is much stronger than this average life of only five years.
These average figures are actually nonsense. For example, the average life expectancy of a British company is only 4.5 years. Is the UK troubled by bankruptcy every day?
With a bankruptcy rate of more than 20% per year, the London government must not worry about it?
The answer is simple. Most bankruptcies are leather bag companies. Many companies have done one business or two businesses from registration to bankruptcy.
As the capitalist's home base, the British Empire's leather bag companies are indispensable. The ultra-low life of these companies naturally stretches their average life.
Bulgaria has stricter controls in this regard. Enterprises want to go bankrupt, and they must be checked inside and out. Naturally, these purse companies will be fewer.
Compared with small and medium-sized enterprises, the average life expectancy of large enterprises is more telling. This data is very difficult for statisticians. Bulgaria has not yet bankrupted a large enterprise. What should I do?
After reading this number, Ferdinand didn't know whether he should be happy or worry. The speed of capital accumulation by the manufacturing industry was too slow. From his succession to now, there have been no large-scale enterprises in Bulgaria.
Except for the government enterprises, or the royal enterprises, the few large enterprises that have grown up independently are all battle-hardened masters. How can they easily go bankrupt?
After all, Bulgaria has only been established for such a few decades. Even with a 30% super high profit and continuous development, the assets after five years have only increased by 2.7 times.
During this period, you ca n’t have no personal expenses and invest all in expanding production. The market is not so good. You also need to consider inflation. Entrepreneurs who can double their assets in five years are successful companies. Home.
Starting from a small factory with tens of thousands of levs, no matter how you double it, Ferdinand's succession in the forty years, even if your assets have doubled 256 times, you haven't touched the threshold of a large enterprise?
As for the capitalist who is rich in wealth, Bulgaria is the king.
How can a large capitalist still exist in a small country that has just emerged from the Ottoman rule and has been cleansed again?
Looking back, that is, after the outbreak of the Russian civil war, the Russian capitalists who lived in this country were affected by the depreciation of the ruble. How much money can they have?
As a non-resident, does it take time to develop? If you want to build a large enterprise in just a few years, you have to beat that endless number of competitors?
The mine owner who is the easiest to start a family, unfortunately, since the signing of a trade balance treaty between Bulgaria and Russia, mines in the Balkans have been shut down, and production has been restricted even if they have not been closed.
Either sell the mine to the government at the market price, or keep the policy open and continue digging!
There is no way to calculate the average life expectancy of large domestic enterprises, and no one knows when they will go bankrupt. It is obvious abroad.
The average life expectancy of large companies in the UK is 28 years, which is enough to illustrate the problem.
There is no doubt that these long-lived companies, most of the industries under the consortium, have a long and natural wealth.
With the family industry of the big aristocracy, hundred-year-old companies have gathered together, but these companies have gradually grown. They were very inconspicuous and even ignored.
For example, the wines made by Ferdinand can be declared old-fashioned. Although they have not been sold in the market before, the winery has been passed down for generations.
Now that it has grown stronger, Ferdinand directly announced that it is a two-decade-old time-honored brand with no problems. The Gotha family also had a wine estate two hundred years ago.
It is now also the world's largest wine producer, and has put on the royal signboard. From the beginning, it was high-end goods.
It must be inherited, it must be history, it must be human, and it must be human, all live together, and business is not good.
It is a pity that in order to keep the brand, the supply must be limited, otherwise this royal winery is too worthless. Why can we get the world's number one wine brand?
It's no longer selling wine, but taste! Taste or something, as long as it is not worse than others, the same taste, with different brands, that is different prices!
Even if the origin of the raw materials is in the Balkans, the establishment of the winery is only a few years. Since it is the king's drink, it must be a boutique.
Watching Ferdinand thinking wildly, Constantine said, "Your Majesty!"
Seeing that Ferdinand did not respond, he raised the volume and shouted, "Your Majesty!"
"Well, what's the matter?" Ferdinand asked back
Knowing that his thoughts had gone awry, Ferdinand still didn't mean to apologize, this was not the first time anyway.
"Your Majesty, is there anything wrong with your attention?" Constantine asked.
"No, I just have some emotions. The British have such a strong foundation. They are so bad and have no vitality!" Ferdinand casually found an excuse to say
"His Majesty, the British have already wounded their vitality ~ EbookFREE.me ~ The Southeast Asian rebellion has broken out till now. The British have transferred nearly 300,000 troops from their homeland, and one third of them are finished.
Coupled with the Afghan battlefield, this loss will be even greater!
By the end of this series of wars, they will have to pay at least hundreds of thousands of casualties. Among them, purebred Britons will have to die forty to fifty thousand.
I heard that the mortality rate in Southeast Asia is very high. It is not easy for those scattered troops to survive in the jungle!
In addition to the casualties, there are also huge war expenditures. London has already spent nearly 400 million pounds, and it will take at least as much as the end of the matter.
The fiscal revenue for one year was lost, and the British government's financial situation was not so good. It is estimated that their debt is not much easier than the Russians! Constantine said with a smile
Ferdinand nodded. Fueling tactics are the most costly. If the Southeast Asian rebellion just broke out, the British would take action. It is estimated that the rebellion would have been calmed down.
Or after the outbreak of the Indonesian rebellion, the colonial government became more vigilant and there was not so much trouble.
"Well, let's put the report down first, next year's budget meeting can start, finalize the budget of each department as soon as possible, and prepare early so as not to be caught off guard in the end!" Ferdinand thought and said
"Yes, Your Majesty! The budget meeting next year can be opened in three days, and we can come up with the final result before Christmas!" Constantine replied
"That's it!" Ferdinand said tiredly.
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