America's Road to Fame

Chapter 437 Funds and Foundations
"Anna is so cute, she smiled at me."

In the manor on Long Island, after Chen William returned to New York, Uncle Tom also made a special trip to visit him.

But now it seems that he just wants to see his daughter.

Just like now, Uncle Tom hugged Chen Yiran, kissed her little face, his eyes were full of doting.

"Uncle Tom, you can actually have a child, it's not too late, is it?"

William Chen said to him with a smile.

"Me? Forget it, I think life is good now."

Hearing William Chen's words, Uncle Tom shook his head in disapproval.

Uncle Tom and his girlfriend still dare to ask for stability at this time, but they are like many couples in the United States, they don't care about the form of marriage, they just live together as lovers, and at the same time they can maintain living relatively independently.

Regarding this, William Chen would not say much, no matter what, as long as he felt happy, everything else didn't matter.

This time, it was inevitable that Uncle Tom talked about the Caitlin Foundation with William Chen.

Entering the new year, in 2012, the Kettering Foundation will continue to plan funds for charitable purposes.

In the past year, the Kettering Foundation's charitable donations totaled US$32 billion, exceeding the lower limit of US$30 billion in regulations.

Among them, US$9 million is used for the construction of Atlanta Island, including the research and development of planting and animal husbandry, medical and educational expenditures, and the construction of part of the road network.

The charitable funds used in the United States have also exceeded 10 billion US dollars. Of course, in addition to a part for the assistance of Asian groups and biomedical donations, these funds are also divided into two parts, one part is for various associations Donations from organizations, this part of donations have more political purposes, and are used to gain support from relevant politicians.

The other part is the industries related to the Meta Group held by the Caitlin Foundation, which has carried out hidden subsidies and promotions.

In addition to the two places in Atlanta and the United States, the funds of the Kettering Foundation have also been donated in places where William Chen's industries have spread, such as Europe and Asia.

Of course, these donations are also beneficial to their local business operations and create a good relationship.

So now, it is necessary to plan the use of charity funds for this year.

In fact, the difference from last year will not be too big, but in Atlanta, this year's funds will mainly be invested in education and medical expenses.

Among them, the investment in basic education is not too high, and the Atlanta University, which previously cooperated with New York University in Chen William's plan, will invest more funds in it after it is completed this year, not only We will spend a lot of money to invite some well-known scholars to teach at Atlanta University, and we will also provide more attractive scholarship settings for students of this school.

As for medical care, Atlanta will also have a comprehensive large hospital this year, and at least three related professional hospitals that are suitable for its climate and environment. The personnel of these hospitals will naturally need to hire excellent staff. Professionals, these will also be listed in the Kettering Foundation's charitable donations to Atlanta.

……

In addition to matters related to the Caitlin Foundation, the CEO of Meta Investment Company, Nielsen, talked about another matter to Chen William, that is, in the third year of cooperation with Chen William, John from the securities investment department of Meta Investment Company Paulson, who once proposed to him the idea of ​​leaving, but was persuaded by Nelson.

The main reason is that John Paulson, who performed amazingly during the subprime mortgage crisis, was not impressive in terms of fund returns last year, let alone Tianshu Fund, which is managed by Chen William, whose asset appreciation rate exceeded 100%. For example, even among other Wall Street funds, the performance of the John Paulson Fund can be said to be average.

Therefore, users of the John Paulson Fund after experiencing the previous substantial appreciation of assets, in this case, have some criticisms.

However, in Nelson’s view, these are harmless. Not many funds can guarantee a state of rapid growth. The income is relatively high, and just like that, it also created a legend.

Those users of the John Paulson Fund were only initially fed up by his amazing performance, so they have not yet adapted to the gap after the fund returned to normal returns.

In this regard, William Chen also agreed, because he knew that John Paulson was better at short selling from the past record. When encountering an economic crisis, the performance of the fund he was in charge of would be very impressive. , and now, it is the economic recovery period after the crisis, so it is very normal for his fund's income to decline sharply.

Just like in Chen William's previous life, John Paulson also became famous during the subprime mortgage crisis. His fund expanded rapidly, and even reached a scale of 500 billion US dollars at the peak.

However, after the crisis, the performance of that fund became mediocre. In the end, John Paulson disbanded his fund.

Now it seems that this life, and the final result of the John Paulson Fund, may be the same.

At that time, for William Chen, some things were not so important. The fund could be maintained for a longer time, which could be regarded as earning him a little more fund management fees. During the subprime mortgage crisis, John Paulson had already To make enough profits by himself, of course, Paulson himself has a huge amount of assets, and after that, he doesn't want to be able to share too much profit in this fund.

But when it comes to Tianshu Fund, Nelson's mood is completely different, just because the performance of this fund is too impressive.

In particular, the technology stocks that this fund holds heavily in have performed very strongly in the past, far outperforming the overall rise of the stock market.

This result also made the investors of Tianshu Fund very satisfied, especially those big households from wealthy countries in the Middle East. They had invited Chen William several times, hoping that William Chen could go to their country and take him to experience the local customs.

But if you think about the rules of those countries, let’s forget it. If the royal families of these rich countries want to enjoy fine wine, they have to go abroad, so I won’t go there to experience it.

In addition, because of the sky-defying performance of the Tianshu Fund, William Chen also gained a very strong network in the elite class of the United States.

After all, not everyone could invest in the Tianshu Fund at that time. The customers who participated in the investment of this fund were all screened, and the amount they could obtain also needed to be confirmed by William Chen. Therefore, The current situation allowed his influence to spread to more areas.

(End of this chapter)