Exploiting Hollywood 1980.

Chapter 952 How to invest so much money?
Seeing that Norio Ohga still likes to make Japanese culture movies so much, Ronald thought about it, and reminded him again.Politicians in America will never allow Sony to make large-scale Hollywood movies that reflect Japanese culture after acquiring Colombia.

"But the big Hollywood directors in your country like our movies very much, especially Mr. Akira Kurosawa. The reason why he can still make movies now is thanks to the funding from Mr. Lucas and Mr. Spielberg. .” Norio Oga disagreed, it was just a movie.

"I don't know how to explain it, but a good movie will shape and change the thoughts and opinions of the entire society. Now that we have such a fierce dispute with Dongying, I intuitively think that if you want to shoot to reflect Dongying's way of thinking, that is, Movies from Japanese culture will encounter difficulties."

Ronald intuitively felt that there would be problems if Dahe didn't pay enough attention to this point, but he didn't know enough about the operation of politics to give a reasonable explanation.

However, the experiences of several East Asian films in Hollywood have explained a lot of problems.The movie "Gonghe", which reflects the desperate and hard work of Dongying Automobile Factory workers, was severely criticized by film critics.Now in the field of semiconductors, the war in the automotive industry is repeating itself. If Dahe wants to film how Sony made the best Walkman in the world, some people will definitely not like it.

In "Working Girl", the heroine Tess uses legal provisions to prevent the Japanese media company from acquiring the American TV station. This plot is not fabricated out of thin air.Workers in the industries where frictions are happening now have a fear of Dongying enterprises.And their trade unions are very powerful political forces.

And in "Die Hard", the boss of the protagonist Michael's wife, a successful entrepreneur in Japan, was shot to death by gangsters, and it must be said that it catered to the thoughts of some audiences who secretly couldn't say it.

"I'm more worried about the intricate contracts between various Hollywood stars, directors, and producers." Norio Ohga said, and raised his glass to invite Ronald to have another drink.

Don't want to discuss it anymore?Ronald felt that Da He didn't care much about this kind of business experience from the mouth of an artist.He ate and chatted with himself, more because of Dahe's own artist temperament, he found artists with similar aesthetics, and recalled the artistic path he did not take.

Ronald felt that what he said, Da He was probably just a reference, and the two of them had enough chatting to their heart's content.

When Norio Ohga talked about the third part of "Longwei Boy", Ronald asked his agent Richard to ask the producer Weintraub.After he opened his own film company, he invested heavily in making films, and he was so busy that it was difficult to get a call from him.

……

It's tax season again, and after the release of "Dirty Dancing" last year, Ronald ushered in the most profitable year of his life.Because he earns too much money, more professional people are required to handle the complicated terms of various dividends. In addition to his private accountant Lawrence Wang, Ronald also asked PricewaterhouseCoopers to handle his tax returns this year. Ed Bastian, a partner at the firm, helped make sure the IRS didn't find fault.

"Another 2000 million. The entertainment business. Once a box office hit is released, the cash flow income is really good. I have helped so many companies, and only the insurance industry can compare with you."

Ed Bastian won a big client because he helped Ronald handle the accounting work of Daydream Movies, so he met the requirements of a partner in PwC's New York office, and was officially promoted to a partner at the end of last year.

"There will be more this year. The third wave of videotapes and original soundtracks will be released. It will be almost a year since the film was released. I have asked Lindsay Dole to send a lawyer's letter to various theaters and cinemas. The box office is divided."

Ronald grinned from ear to ear. The sales trend of "Dirty Dancing" is different from all other video tapes. It is completely unaffected by time. It continues to sell more than [-] boxes per month. In the report, the sales volume is almost a parallel line.

To be honest, he doesn't know why, the movie has been released for several months, and so many people keep buying the videotapes again.The replenishment of the video rental store is also very stable every month.

This shows that the rental rate of this movie in Blockbuster is very high. After several rentals, the image quality of the videotape will be reduced. Therefore, for those movies that are very popular for rental, the rental store will replenish them every month.

"Is it still all securities investment? Although there can be some income tax deferred treatment, the tax reform after the election of the new general is imperative. Don't you consider making some other investment arrangements?"

Ed Bastian turned around and asked Lawrence Wang, the customer Ronald's handling after getting the money was very simple, that is, he threw the cash to Lawrence to buy Coca-Cola stock.

"And why are you focusing on buying this stock? Although Coca-Cola's performance after the stock market crash was not bad, it is far behind the upstarts that performed well."

"I don't know how to invest in stocks? I just think that Coca-Cola's sales volume has not changed, and its profit margin has increased. After the stock market crash, it will not fall even if it falls a little. It is much more stable than other stocks. So I bought it. The stock before It helped me earn a lot of money, and I don’t expect him to increase it several times, anyway, it beats inflation, so just don’t lose money.”

Ronald spread his hands. With so much money, it is definitely not acceptable to put it in the bank. Investing in stocks can also defer the payment of income tax, but he will not do other businesses.Those few houses, the small factory on Staten Island, were nothing compared to the cash that Dirty Dancing brought in.

"I'm not saying that your investment strategy is not good. It's actually quite stable. But the super rich will diversify their assets. You can consider taking a small part of it and investing in some stocks with higher risks and higher returns.

Then take some out and buy some stable investments, such as bonds.Interest rates are right now, and Wall Street has a lot of treasury and corporate bond products with good returns.

Some of our PWC corporate clients allocate assets in this way.Unless you have a special investment method, you can speculate on a certain stock and invest it all. However, such investors are quite rare, and most of them are diversified investments.Don't put all your eggs in one basket. "

Ed Bastian lectured the artist on investing principles in words he could understand.

"Can you give professional investment advice?" Ronald looked at Ed Bastian. He didn't know that this man could still do stock consulting.Indeed, it would be great if there was a professional investor who could teach him how to buy stocks.How about giving him some advice?
"No, I don't have the corresponding license. I'm just your accountant to give you reasonable overall advice. I can't recommend you any stocks. So you have to go to Wall Street to find a fund manager with a good reputation and arrange your investment portfolio." Ed Bastian hastily denied that the matter was technically a moral hazard.

"Ah, fund managers with a good reputation are even rarer than the giant pandas presented by Huaguo." Ronald joked.

"Hahaha..." Everyone didn't have a good impression of those Wall Street investors, and making jokes about them made people happy.

What Ronald said was actually based on his own experience.The former investment banker Bannon he has worked with is not a "good guy".

If he was asked to hand over the money to Bannon, he would not dare.

And "Working Girl" star Melanie Griffiths, who, during filming, failed to woo Alec Baldwin and hooked up with a young Wall Street banker.He also handed over his savings to the other party for management.

But before the filming of the filming was over, the two broke up.Melanie Griffey wanted to get the money back, but was also rejected by the other party on the grounds that she had signed a contract.Although Ronald used the fine to pay the fees of the rehabilitation center, Melanie Griffiths can only spend a small amount of salary to maintain the ostentation required by female stars.

Fortunately, when her ex-husband, TV star Don Johnson went to see her, he rekindled his old relationship with her, so he didn't have to worry about money for a while.

"Just as a friend, can you talk to me about investing again?" Ronald changed his approach and asked accountant Ed Bastian.

"I'm really interested in running companies, I don't want to work in an accounting firm for a long time. I think in addition to the stocks listed on the NYSE, you can also look at Nasdaq, there are many new companies listed there, their Growth is also very good.”

"Oh, so, which stock should I buy?" Ronald asked with a smile.

"That's professional investment advice. I can't say it. But I think, from the perspective of company management, you can also look for it. Is there a listed company like Coca-Cola that is widely used and has many good reviews? Investment is still suitable for you. Your own style will be better. Buy your favorite business stocks, at least you won’t be unable to sleep at night.”

Not only was Ronald rich, but his income was varied.In addition to the Dirty Dancing fortune, there are several films from the original director, and the directors' union still sends him regular checks.Every time the TV station shows his movie, he will be credited with a residual share.

In addition, the theme song written by Ronald for "Fame" was adopted by the TV series of the same name as the opening and ending song, and the remaining dividends are quite a lot every year.

After working for a long time, after confirming and signing all the scattered income items, Ronald was busy with his tax declaration materials.

"How do you decide to deal with the new batch of dividends?" Lawrence is his own personal accountant. He knows his financial situation best. If you don't invest in the dividends, you can buy several properties and build several houses just because of tax losses. a garden.

On behalf of PwC, Ed Bastian worked out a series of tax avoidance schemes for him.Artists like Ronald have been in business for three years.Therefore, in the next few years, the loss of the film can also be used to offset this year's income.Ronald didn't dare to use a more radical plan.

The new dividend in the account is nearly 2000 million again, which is the income from the video tape.Immediately next week, there will be the first dividend of the new album "More Dirty Dancing", and the purchase of the old album of "Dirty Dancing" has not yet passed. It is foreseeable that it will be another 2000 million, what should I do?

"Let's buy Coca-Cola stock. I'll ask the experts about the future dividends." Ronald closed his eyes and decided to buy Coca-Cola.

……

Ronald didn't know any investment experts, and he couldn't trust those Wall Street experts.The only truly qualified investor, Warren Buffet, runs a listed company for investment business.

Buffet is responsible to shareholders, and it is impossible to tell Ronald which stock he should buy.So Ronald didn't go to him to play bridge.

After thinking about it for a while, only his cousin Donna is considered an investment expert.

"You want to diversify? Is that a good idea, Nasdaq? I'm not familiar with business operations. It's not easy for you to pick a new Coca-Cola in Nasdaq. It's paradoxical." Donna In the call back, Ronald was stunned.

It turns out that Nasdaq is a GEM stock exchange for emerging companies that have not qualified for listing on the New York Stock Exchange.

Since it is an emerging company, it is naturally difficult for it to be loved by the whole people like Coca-Cola.So looking for a stable blue chip stock, going to Nasdaq is the wrong place.

"I think only those computer companies probably meet your requirements." Donna thought for a while and mentioned an industry.

"Computer, what brand is our company's computer? Is it IBM?" Ronald listened to the phone and asked the chubby Lake, his assistant in the office.

"We bought it in two batches. It was IBM's before, and then it was Compaq's on a large scale, which was cheaper." Rich Lake was doing a good job as an assistant in Daydream.

"Which brand of computer is popular now? Like Coca-Cola?" Ronald asked her.

The manager of the office that Lake called, a black woman asked.

"There are many brands now, and there is no Coca-Cola or Pepsi that dominates the world." The black manager was very capable, and brought a form, which was a price comparison list when she purchased a computer.

"IBM, Compaq, HP, Dell..."

Ronald looked at the long list of names. There are not that many mainstream brands in this market.

"Then how do I buy stocks?" Ronald scratched his head, as well as Tandy, Zenith, ... all of them have similar models and prices, and they are all listed on NASDAQ.

"By the way, what brand is this?" Ronald looked at the last item on the purchase list, which was listed separately from other computer brands. It seemed to be called... Micro... Microsoft? "

"This is the name of the software company. Our computers are all equipped with their operating system, DOS." The black manager smiled, "They recently released a form software called Excel, which is very easy to use. This form is what I use. Excel typed it, so I bought it for everyone in our office who needed it."

"You mean, these computers are all loaded with their software?" Ronald's eyes lit up.

"Everyone installs their software except Apple's."

"Okay, okay, thank you." Ronald asked the black manager to go out, and then said to Donna on the phone, "I think Microsoft is good, can I buy some?"

"Haha, their stock price trend is very good. During the IPO, they raised 20 million yuan, and then rose from more than 90 yuan to 40 yuan. After the stock split, they rose from 70 yuan to more than 60 yuan. After the stock market crash, the decline was limited. It’s a little under $[-] now.”

Donna typed a few times on the keyboard and called up Microsoft's stock price chart.

"Yeah, the stocks that don't fall much after the stock market crash seem to be good stocks." Ronald knew that Coca-Cola also fell by less than 10% after the stock market crash. It seems that this Microsoft is Nasdaq's Coca-Cola is gone.

"Okay, okay, thank you, Donna, for helping me a lot." Ronald made up his mind, and after that, he would buy half of the dividends from Coca-Cola and half from Microsoft.

"Hey, wait a minute... Our Renaissance Company is going to launch a fund soon, which is operated according to Mr. Simmons' new formula... Now we are opening subscriptions to employees and relatives..." Donna heard that Ronald was about to hang up the phone , hastily called out.

"Ah? Didn't you buy it last time?" Ronald remembered that Donna had borrowed a sum of money from him to invest in it.

"This is a new fund, not the original fund that invested in universities. We went back to the stock market for the past ten years, and it worked very well. It was only open to employees and relatives. The new formula performed better than the old formula, with annualization. 30% profit."

"So good? Why don't you buy some? If you don't have enough, I'll lend you some. By the way, how much is this time?"

"I got 50, how about 25 each of us? You have to lend me 20."

"The money doesn't matter. I will ask Lawrence to bring you the check when he returns to New York."

"Thank you bro..." Donna returned satisfied.

"Alas... Who is my check made payable to? What's the name of the fund you mentioned?" Ronald called to Donna.

"Medallion Fund."

(End of this chapter)