Chapter 1808 Warren Buffett
Although the United States Zhengfu began to take care of the two-bedroom group, they were really powerless because the overall economy of the United States was declining and the two-bedroom group was too pitiful.
However, the two-bedroom group is too important and they must not help, otherwise the harm will be even more serious.
After choosing, they felt that the only one who can help the two-bedroom group now seems to be China, which has sufficient foreign exchange reserves. The United States also knows that China's foreign exchange reserves have invested in a lot of EU government bonds, some Asian government bonds, but also invested in huge amounts of gold.
Treasury bonds are not easy to cash out, but gold futures are definitely fine. If China is willing to lend a helping hand, then things will be easy to solve.
They even planned to discuss with China, and the two countries signed some documents in private to open up some technology blockades and open up in exchange for China's cash support.
In the United States' view, this is already a great sincerity and a win-win situation.
If the United States resolves the crisis, China can also gain benefits. Although foreign exchange may be affected, the impact is not large.
But they didn't expect that Huaxia would refuse.
The two-bedroom group is a big pit, and everyone can see clearly that although there is enough funds to save it, the profits that can be obtained are too low, and it is even difficult to guarantee the capital.
Although China needs some advanced technology, it can still be obtained through other countries without the United States. For example, South Korea has always extended olive branches to China, hoping to further cooperate with China.
Simply put, South Korea gave China some technology to blockade, but China should be open to South Korea's trade and culture.
This was the case in my previous life. South Korea used some technology to exchange for the Chinese market, thus filling the Chinese market with many South Korean culture and commodities.
It doesn't matter if you like celebrities from other countries, but you are too obsessed with them or even lose your mind, which is very terrible. Later, after the agreement expired, China did not renew the contract with South Korea, and then began to restrict the development of artists in South Korea and reversed this distorted situation.
Cultural invasion has a serious impact on a country.
In this life, China and Russia have a better relationship. Many technologies can be obtained through Russia and then carry out deeper trade activities with Russia, without worrying about Russia's cultural invasion of China. This is the best cooperation.
Therefore, the conditions that seem very generous in the United States are not attractive to China. What's more, since the return of Xiangjiang, they can also obtain some technical authorization from Europe through Xiangjiang, Lisboa, etc., and China is already difficult to be blocked at this time.
Moreover, at this time, China also has some technologies that Western countries really want, such as electronics, IT and other technologies, which can completely obtain what they want through some technology exchanges.
The United States has good conditions, but it cannot impress China.
Xiao Bu was very unhappy, and after research, he decided to play.
So the United States began to question China, why did China sell stocks, bonds, etc. of the two-bedroom group since last year, and even sell stocks in the US stock market and US government bonds?
The subtext is that the crisis of the US two-bedroom group was manipulated by China behind the scenes?
Huaxia has long anticipated this situation and has consulted Feng Yu. If we do, how to respond from a business perspective, Feng Yu also gave a very good suggestion, which is to push it to the Americans.
Huaxia also gave the answer very happily at this time. They learned Buffett's investment model. Now it seems that Mr. Buffett's classic theory is indeed correct.
Before China bought two-bedroom group bonds on a large scale, Buffett had held a large number of shares and bonds of these two companies. The shareholding ratio exceeded 8%, which can be said to be very high.
Then during the Internet bubble, Buffett and his company sold the stocks, bonds, etc. of the two-bedroom group, making an average profit of more than ten times!
What did Buffett invest in after that? Huaxia Petroleum.
Buffett's investment usually becomes a shareholder, enters the board of directors and other management teams, and directly intervenes in the company's operations. His investment philosophy is very interesting, which is to measure the difference between the company's stock price and its intrinsic value.
When the stock price is higher than the intrinsic value, then Buffett believes that the company's stock may fall. When the stock price is lower than the intrinsic value, it is an investment worth buying and certainly profitable.
When Buffett sold the two-bedroom group's stocks, the bonds were not at the highest point. Moreover, when Buffett sold the two-bedroom group's stocks, the management of the two-bedroom group was still arranging a repurchase. At that time, the two-bedroom group was indeed a very good company.
It was also at that time that Huaxia Zhengfu purchased the shares of the two-bedroom group and the bonds issued by the two-bedroom group as a foreign exchange investment.
Buffett invested in Huaxia Petroleum, but failed to enter the management. Huaxia will never allow outsiders to enter the management. However, Buffett also held talks with the senior management of Huaxia Petroleum and looked forward to future development.
It was not until some time ago that Buffett sold Huaxia Petroleum's stock that people saw Buffett make nearly seven times more profits. Speaking of long-term investment, Buffett deserves the title of stock god.
But it was just a coincidence that Buffett sold the stocks of the two-bedroom group, bought the stocks of China's foreign exchange reserves, and then Buffett bought China's oil at the same time.
When Buffett sold Huaxia Petroleum, Huaxia also happened to start selling the stocks and bonds of the two-bedroom group. Huaxia said it was learning from Buffett, and some even said that Huaxia might have received Buffett's guidance, otherwise why would Buffett buy a large amount of Huaxia Petroleum stocks?
These statements are really inaccurate, whether they are true or not.
Huaxia said that they learned Buffett's theory to measure intrinsic value and stock price. Then when Buffett sold Huaxia Oil and had no other new investments, they felt that Buffett wanted to tighten cash, so they also learned.
Now it seems that they are learning well. Buffett said last year that the risk of financial derivatives trading is too high, and it can even be said to be a weapon of mass destruction in the financial market. The United States allows unrealized returns to be recorded on the income statement, which will lead to inflated stock prices.
Huaxia believes that what Buffett said makes sense, and Buffett also said that the monopoly position of the two-bedroom group will not last long, and the hidden dangers that will be covered up will erupt sooner or later. Now it seems that what Mr. Buffett said makes sense!
In order to successfully hold the Olympics, China tightened its investment. Unexpectedly, it was so lucky that it almost lost a lot.
Huaxia just threw all the blame on Buffett, but Buffett couldn't refute it. The cited theories and discourses were indeed what he said, but he was for his own investment, and he did not expect it to affect Huaxia's investment.
Even if it is affected, you can't say that it's because of me. Moreover, I invested in you Huaxia Petroleum and just talked about the development of oil. What is the relationship with the two-bedroom group?
Those who say I asked Huaxia to sell the stocks and bonds of the two-bedroom group, what are you thinking about? What are you going to explain this shady blame?!
Chapter completed!