Chapter 1497: Who is less reliable

The old and the young are bickering, but they also seem to be happy. Of course, this is the opinion of bystanders, and Buffett himself does not think so. This bastard, leave the sentence on the left for posterity and the sentence on the right for grandchildren.
Nima, the old man has nothing to do with retirement. Besides, when did you and I were a generation, alas, look at this handsome face again, if you say you are not jealous at all, it is simply self-deception.
"Well, I heard that one billion will be saved, Warren, at this time to discuss the conditions, I guess everything can be discussed." William White raised his glass slightly, talking to Buffett very quietly. Although many people wanted to come up and listen, it was a pity that William White's men were very tacitly blocking everyone's sight.
Although everyone knows that the superficial arguments just now do not explain anything. It is a tacit understanding to say that the two of them are singing double reels. Instead, this kind of conversation often has some content.
"Billions? I don't know if it's enough. Hey, I heard that Morgan Stanley is very interested in your new energy. I don't know how much they plan to invest?"
"Cut, take me to compare with Enron, you are really too much. Now it has dropped a lot, but at least 80 billion in market value. In my case, 80 million is just a newly formed structure." The above was polite, but Buffett understood William White's expression very clearly. Yes, just disdain. What about 80 billion, it may not have more potential than my company.
For a moment, Buffett was even shaken. Yes, the new company of William White is a pit, a pit similar to Tesla's rocket power. Not only will there be no return in the short term, you also need to keep filling the hole.
Of course, it doesn't matter if you say that the shares are diluted, just treat it as if I didn't say it. However, William White’s companies will not be unable to go public no matter how bad they are. If this is not even possible, it is really not embarrassing enough.
It's a pitfall, if William White took the money to squander it, I guess there will be no belief.
As long as it is an investment, there is bound to be the possibility of failure. As an investor, failure is acceptable, but artificial failure is absolutely inexcusable.
Hathaway's stock price is so high, but it does not split the shares. After all, everyone's investment subjects are completely different.
Some veteran super families have faded out of the public's sight, but if you think they don't exist, I'm sorry, maybe you will be taught to behave in the next moment.
Of course, if you can think about it, you should forget about the investment. If An Ran is his heavyweight, you can say it bluntly, if you can't get these losses back, you can cut it yourself.
It's okay to lose money, this kind of inexplicable loss, you treat us as triumphant.
Or maybe it's the public health, honesty and prestige, William White's flickering of stance is not annoying. You see, I now have a dream. You can either be one of them or you can sit on the sidelines. Anyway, the concept of new energy has really emerged.
"Warren, it's not that I don't accept what you said. I told you a secret. I didn't plan to do anything. Therefore, I'm really speechless to take a favor."
For this explanation, Buffett is not very surprised. Of course, this should not be the case.
"As for Citi, although I am annoying them, this time, I won't intervene. To tell you Warren, I haven't done anything in the last month, just studying Enron's annual report.
Oh my god, tell me you or don't believe it, in fact, I hope they can get through the storm.
Believe me, this will be a disaster, a disaster comparable to the end of the world. "I don't care about Buffett anymore. Now that I've said everything, it's better to leave earlier.
In the end, Enron's market value was only 200 million. If you think about it, the highest is close to 100 billion, and only a fraction is left. To be honest, the speed and method of this collapse, except for the Great Depression, it is difficult to find similar cases.
Shell resources are not only the same as the rabbit country, but the eagle sauce is actually the same. They also sell this kind of stuff. U.S. shell resources are relatively cheap, but no matter how cheap, tens of millions should not be a problem.
Can you believe it is less than 200 million?
"Old guy, do you think I'm stupid?" On the way home, William White was still stumbling. This guy seemed very excited today, Natasha could feel it very clearly.
Alas, this guy is really young and jealous. You are so demanding, my old lady is a little bit overwhelmed.
"Coco, coco, you are smart, who is smarter than my man in the U.S. now. But can you tell me what the is going on?"
"Oh, it's not a good thing to say. I will lose a lot soon. In order to commemorate this special day, I think I need to do something more meaningful."
"Hate" Natasha obviously couldn't stand it when her eyes were burning.
"Oh, the loss is heavy? But recently, you have suffered a heavy loss?"
"Oh!" William White sighed, Nima, will you chat? You chat like this, buddy is very hurt.
"The so-called cathodic positivity, 9/11 is just an incentive. Without this incident, many things would not be exposed.
And a healthy market will benefit all participants. If the black sheep of Enron cannot be severely punished, how can you make those conscientious entrepreneurs feel bad. "
William White said so, of course, not aimlessly. Before the Great Depression, the U.S. stock market was arguably the most chaotic market in the world. Fraud is written on everyone's face. Either cheated or cheated. This is the only law of survival.
The severe punishment after the Great Depression was very appropriate at the time, and it did serve as a sacred needle. Wall Street eventually became the world's largest trading market. These extremely stringent regulations are actually a big factor.
The national sovereign fund must be safe. But if the big blue chips like Enron cheat, how can you let us not worry.
Gee, or just buy national debt first.
The severe penalties at that time are nothing at all now. Except for Enron, you can't ignore it. So, in this way, it must be more stringent supervision.
The floating chips were scared away, and those who were not mature enough were cut off the leeks. So, this must be the end of the century. The excitement of his William White actually came from here.
Nima, my buddy doesn't have the M attribute, so he gets excited when he loses money. It's not because of illness. When I lose a lot of time, I can still think about going to that and that. Oh my God, how heartless this is.
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