Chapter 729: Copying the bottom abroad is tantamount to asking for a dead end
After eating the staple food and drinking two sips of red wine, Lu Huan confessed and went to the bathroom.
As soon as he left, Tong Wencong, who had been chatting with Xiao Qi about food, pretended to be unintentional and said, "Qi Shao, with all due respect, although your fairy company is thriving because of DreamPad, isn't it too monotonous?" β
The play meat is coming.
Xiao Qi knew that it was not as simple as thanking them to find themselves.
Even if these old foxes fart out, they have a purpose.
"What does Mr. Tong mean?" Xiao Qi said with a good boy's expression.
"If you're a big company, you're going to be diversified." Tong Wencong said loudly: "For example, the Louis Vuitton Group, which has a history of more than 100 years, has one or two hundred companies in which they hold and participate in shares; For example, Merrill Lynch, Goldman Sachs and other century-old investment banks, they have invested in companies in all walks of life, not only stretching their tentacles, but also giving back to the head office after the development of the subsidiary, making the head office stronger and stronger!
In addition to this, your close neighbors, Japan and South Korea, are the beneficiaries of such a large group, and it is simply astounding to look at their achievements in Asia and all over the years! This century can't be said to belong to them! β
Xiao Qi smiled and bowed, but he was very disdainful in his heart.
Tong Wencong's statement has occupied a huge market in the Chinese state-owned enterprise industry for a long time.
The reason is very simple, to be bigger, more and stronger, it seems that only by being able to reflect a person's ability.
As everyone knows, a person's ability is limited, and the aspects of expertise are also different.
You asked Ma Yun to make a mobile phone, and he must have died a miserable death.
Ask Liu Chuanzhi to do a commercial website, I'm afraid he will lose so much that he doesn't even have pants.
Therefore, after the financial crisis in 2008, Huaguo's entrepreneurs learned from the pain and summed up a truth: only companies such as HTC and Gree Air Conditioner should focus on being an industry. Only then does it have a great ability to resist risks, so that there will be no dominoes in the previous financial crises, and a subsidiary will collapse and affect all the group companies.
If Xiao Qi didn't have the memory of later generations, he would not have been able to create four major companies such as video websites, Weibo, logistics and group buying websites.
If ordinary people add these companies together to develop, I am afraid that they will collapse in a few years, and their hard work will come to naught.
Even Xiao Qi has all kinds of lessons learned from later generations. can avoid detours, but he is also very careful to develop slowly, for fear that it will be finished if it is not good.
Only those who have experienced the risk will know that the development of the company is no different from walking on the cliff, and without trembling efforts, where can a good career be done?
When his thoughts returned to his eyes, Tong Wencong was still boasting.
"So, I think you should be under the guidance of a professional if you have any funds to spare. Invest in another area! Tong Wencong said confidently: "Now many companies in Europe and the United States are in trouble for various reasons!" If you can succeed in buying the bottom, maybe it will be hundreds of millions of billions of profits as soon as it changes hands! β
Xiao Qi unconsciously laughed dumbly.
Since 2007, Chinese enterprises have suddenly risen a wave of "foreign bottom-buying fever", and this blind situation has developed to the extreme during the financial crisis.
Almost every month, there will be a large M&A order. Then it was all rejoicing when we returned home, because we were in the nest of imperialism. Go buy their good company!
Outcome......
As a result, behind all these euphoria, 98% of acquisitions have failed!
By 2012, among the 50 large-scale mergers and acquisitions of more than $1 billion, only one was barely able to hold on to capital, and the rest were either big losses or huge losses, and Zuihou had to sell the acquired companies at a cabbage price. Gray back home.
I really don't know how these entrepreneurs can be so naΓ―ve.
Is it really a good company with potential, and people may sell it to you at a low price?
Are those big conglomerates and big companies in their country stupid and not buying gold mines? Giving it to you?
It must be that only if it is a hopeless mess, they will really call you to buy it with the enthusiasm of international friends!
Seeing that Tong Wencong had the urge to give an impromptu speech again, Xiao Qi, who had already understood what he meant, waved his hand to interrupt his instigation.
"Mr. Tong, can your fund accept the entrustment of others?"
"Yes!"
Tong Wencong became excited, and said with a chest swing: "In fact, we have selected several investment projects for you, please allow me to ......"
"No need." Xiao Qi shook his head, "I have a jihua in my hand, and I need a trustworthy person to complete it, I don't know if Mr. Tong is worthy of my trust?" β
"Of course you can trust!" Tong Wencong said solemnly: "Whether it is our CFP or I, Tong Wencong, I have a very good reputation in the industry, otherwise do you think this group of people in Macau casinos will agree to cooperate with us?" β
Xiao Qi smiled slightly, it was really like this.
Casinos and funds are both organizations that eat people and do not spit out bones, and if they can work together, there should be no big problems in terms of credibility.
Besides, he doesn't care about any trust or distrust, Europe and the United States pay the most attention to the spirit of the law, as long as he agrees clearly on the entrustment contract and does not want them to disclose their secrets, then CFP will not dare to risk the sky-high liquidated damages to expose, not to mention that if they participate in this matter, they will not dare to do it.
Xiao Qi asked slowly: "In recent years, there have been a lot of real estate junk debts in the United States, right?" β
"Yes." Tong Wencong said unabashedly: "Now the real estate bubble in the United States is not small, and there are a lot of junk debts, but as long as the American economy is improving, everything is fine." β
"Well, I need your help me to lay out, find someone else to cooperate, and sell a junk debt portfolio product out...... As for the specifics, we will sign an agreement before we talk. Xiao Qi said lightly: "It should be pointed out that the amount I invested this time will exceed 5 billion US dollars, and if you do it well, your commission will be a lot!" β
"Good!"
Tong Wencong simply agreed.
They are not very strong CFPs, but they have always had an adventurous spirit.
He had a gut feeling that maybe this was his chance!
However, Tong Wencong never imagined that this time was indeed a huge opportunity to make a fortune.
But, at the same time, it is also a fortune that will make him notorious!
Because what Xiao Qi wants to do is really a little lacking in morality! (To be continued......)