Chapter 1020: Is a hedgehog.

"Charlie, although William White made some sense, but I still don't feel very real." Looking at his good friend, Buffett was tangled. He has been thinking about it for two days, and what William White said, he really did not understand. If you don’t understand it, don’t touch it. This is his consistent aim.
Although it may suffer in the short term, the safety of funds will still be greatly guaranteed.
"Actually nothing? I read the White Fund's portfolio. Recently, there have been noticeable changes."
"Tell me, Charlie, what's the difference."
"They have been reducing Netscape's stock, and other Internet companies are also reducing their shares. By the way, Cisco is also reducing its shares."
"He left the scene? No, it seems that no news has been received."
"Without leaving, they bought Big Blue and HP. In addition, insurance and medical related companies, their shareholding ratios are increasing."
"HP? Hasn't this guy always been rejected by Wall Street?"
"Old folks, Wall Street dislikes more things. William White's increase in holdings of the Blue Giant is not the same as being laughed at."
Buffett immediately closed his mouth and said that virtual wealth is not easy to realize. If you sell too many shares, the price will shrink by half.
However, this does not include those so-called big blue chips. William White is the largest individual shareholder, holding less than 5% of Big Blue’s stock. If he now halves his holdings, his stock price will not fluctuate too much.
William White's stocks in the family fund actually have one feature. 7-11, HP, and so on, have an obvious characteristic.
That is stable!
"Tom, is this figured out by HP?"
"Yes, the boss, the personal computer sales boom has basically been determined. If they don't care, they may have no chance."
This wave of personal PC market can be said to be the waterloo of traditional IT companies. Wang An went bankrupt, IBM was half-life, and strangely, another IT giant, actually a stable batch.
The revenue of less than US$20 billion in 1993 was more than US$40 billion in 1996. What's wrong with not paying attention to the PC, it still makes a lot of money. If this is the case, it may be to eat old.
But is it really that simple?
HP laboratories are located all over the world, with research and development facilities in PaloAlto, California, Bristol, Hasselafa, Asan Bangalore, and Tokyo, Japan.
What they are already doing is exactly what William White intends to do. After the Asian economic crisis, he planned to implement this plan. The globalization of Bell Labs has reached a point where it can no longer be delayed.
HP's maverick, let him see a model, not to mention how good, the biggest advantage is stability. The current world is really too dangerous. If possible, it is better to take it easy.
Stability in the IT industry is actually very nonsense. What we pay attention to here is a speed. If you develop something, then you will be able to move it slowly.
Yes, the United States has intellectual property rights, but can’t I just go around?
Another point, Laomei pays more attention to production patents. That is to say, you invented something, if you did not put it on the market.
Cough, there will be royalties, but don’t expect to get rich overnight, which is unrealistic.
"Filson, Netscape should ship as soon as possible. They won't win this lawsuit. Even if they can win, the company will be finished."
"Fortunately, the Internet is very hot now, otherwise, there are problems with cashing out."
"A fool is not just a deceiver. Anyway, investors think Microsoft is shameless. As long as he is lying down, Netscape can fly into the sky."
"Cough, it may also be that Yahoo is too large for the market. With Netscape's wealth creation legend, there is no way to do it. There is a wealth effect, and everyone is unwilling to give up."
"Haha, what's wrong with Yahoo, Morgan Stanley agreed?"
"Yes, we will issue shares at a valuation of 2.3 billion. The response is very strong. Boss, this time, our shareholding will be less than 35%."
"Well, I'm very optimistic about them. Anyway, it's better not to lower it. Otherwise, I don't mind the increase in holdings again."
It's funny to say, Buffett is a little irresistible and intends to try it on the Internet. William White seems to be evacuating.
Money is the devil!
Investing in Cisco is one of Buffett's most successful investments in recent years. Now that high technology is available, does the Internet taste it?
"2.3 billion stubborn?" Buffett's eyes jumped straight, Nima, should join the A round everywhere.
"How about the purchase?"
"Excess is certain, and the shares released now cannot meet the needs of the foot basin people. Wall Street is still hesitating, and the foot basin people have already shot."
"okay, I get it."
After dropping the phone, Buffett smiled bitterly. When a typhoon comes, pigs will fly. Obviously, it is not easy to say whether Yahoo is a pig, but it did take off.
"Charlie, I decided to gamble."
"Alright, I watched it for a long time, and William White seemed to have the meaning to sell it. Can it be said that the income of one billion dollars is no longer satisfactory."
"Satisfied? Are you going to see Cisco?" Buffett didn't want to talk anymore, it was so hateful. Do you make money so easily! It is hard to say whether the pig will fly after this round of storms, and William White will definitely fly.
Buffett found that companies with a higher share of William White have a certain margin of safety. On the surface, his shareholding ratio does not exceed 50%.
However, this is a shameless face. Others play charity funds, and there is a bit of cover-up. This is a good thing. It is simply a toss of red fruit.
Nima, if you play like this, it might as well be privatized and delisted!
If William White knew that this guy thought this way, he would definitely raise his elegantly.
Do you know what is wealth under the sun?
The richest man in the world?
Even if he has trillions of assets, he has nothing to do with the term. Not to mention the rest, how much wealth does Leo Vantaa in the prison hold?
Anyway, when this small amount of money returned to the United States, the entire European financial circle was messed up.
For public figures, personal design is very important. You don’t want your company to go public, but you don’t want to share wealth with society. Of course, there are such people in the United States, and now Coriolis and Dell later belong to this type.
Cough, actually not very good.
Qiu Fu is everywhere, and the United States is no different. When you have something wrong, it will be intentionally enlarged.
You can share your wealth with society and be passionate about participating in charity. Put a lot of money into scientific research projects.
Well, this is William White's design.
Therefore, basically no media will go to black him, even if this product is not a media tycoon, no one will offend him to death.
You see, Bill Gates said in a speech that the need to reduce carbon dioxide emissions in a radical way. The most important point is the need to reduce the population. As for who needs to die, of course it is that 80%. Only smart people can contribute to this society.
The original words at that time may be more excessive, so it is not convenient to write here. However, after saying so much, no one treats him like that.
If you try to say so for the Coriolis brothers, you will definitely be blacked out.
Anyway, regardless of the context in which Bill Gates said this, it would certainly be inappropriate to say so.
Do you say his brain is abnormal? Don't know if it will cause an uproar?
Impossible, as for why should it be said?
Alas, what he shouldn’t say, sometimes ignorance is also a kind of happiness, why should you take my happiness!
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