American Fortune Life

"Al, I know what you're worried about, but, regardless of the outside world's doubts and the clamor of the media, my Liberty City investment company and Gaia company are not those heavy investment banks on Wall Street.

At the end of this year, the dividends will be paid as usual. The proportion of dividends I have promised will not change in any way. This is what everyone deserves! "

In the chairman's office of Starbucks, the boss chair was slightly diagonally facing the desk. Andy leaned against the back of the boss chair in a comfortable posture, watching the five video windows on the computer screen, and said indisputably.

"Papa"

"Long live the boss ..." ...

Loud cheers and very warm applause sounded from the speakers near the desk, watching the excitement of the subordinates at the headquarters in New York and London, Tokyo, and the various divisions of the Metropolis. For the kneeling of his subordinates, he was glad to accept it.

For Wall Street, "recognizing money but not people" is the only criterion. As long as it can bring profitable employees to the company, it must naturally reward well.

Although it may cost hundreds of millions, or even close to a billion dollars at the end of this year, it is better than paying the tax honestly to the US government!

As for Alvitrie ’s concerns, such as the recent media, politicians and the public slammed Wall Street investment banks for dividends at the end of the year, saying "U.S. taxpayers do not want to see their money thrown into the fire pit. In order to rescue Wall Street, the government People took hundreds of billions of dollars in their hands ... "Criticism like Yunyun, all hell!

"Let those who slam the hell!" When the subordinates in the video conference calm down, Andy just said what he thought: "John Stanley's John Mack should give up the dividend at the end of the year.

Not only was Stanley merged, he had a huge loss, and his performance was declining. He has a face to share dividends, and he himself knows that this is not his grandeur. Also, Goldman Sachs's Blankfein, for them, is not talking about the amount of dividends at the end of the year, they should not ask for personal bonuses while the company receives government assistance.

We ca n’t rely on government help, and no one can say us! "

All the subordinates in the several video windows are smiling, nodding their heads. They earn money for the boss by their ability. The boss must avoid the loss of the company's elite, and it is inevitable to pay dividends at the end of the year. Otherwise, brain drain will be fatal to any organization.

"Actually, the reason why the dividend distribution at the end of this year has caused so many criticisms is mainly because Thain, the chief executive officer of Merrill Lynch, which has become a subsidiary of Bank of America, misses his year-end award.

Thain advised the company's board of directors that since he sold the company to Bank of America at a good price in time, the company should pay him a $ 10 million bonus and was kicked out at the end of the meeting, which only caused people's anger and criticism. . "

Arvitelli explained with a smile on his face that Argen would not be overwhelmed by the bonus, but he had been a little worried before. After all, if the boss really wanted to pay as promised, then the dividends at the end of this year, Liberty City Investment Company and Gaia Investment's bonus distribution will be very eye-catching, and it will inevitably lead to some criticism and slamming.

"Haha, this guy is also out of luck. I believe that in such a trouble, Merrill ’s compensation committee will definitely reject his request. It was originally due, and it is no good now. I am afraid he wants to blow up the Wall Street Journal ... ... "

Andy shook his head and laughed, no doubt, this Merrill Lynch's eo made himself overcast.

"Budd, today's stock market has risen sharply. How are our earnings?"

Bardstone heard the Big Boss ask about the recent harvest and shook his head with a smile on his face: "Although I have been making money, the income is not satisfactory, and today's rise is only a result of being elected by the President Olympiad. Black Bull's economic recovery plan and auto industry giants are likely to be stimulated by news such as US government assistance.

Now the US stock market has entered a period of insanity, there is no regularity at all, a little rumors and news may lead to great changes. After the entire economy has fallen into a crisis that has not happened for many years, it is very difficult to judge the value of corporate stocks, and value investment has become the topic of current market debate. "

"Oh, it seems that most market investors still respect the" share **** ", even if he loses a lot of money with him." Andy chuckled, his mouth slightly raised, showing a touch of sneer.

"Respect, after all, his value investment theory has gained a lot of support over the years. However, the" stock **** "bought Goldman Sachs' preferred stock for more than $ 100. In the following month, Goldman Sachs It fell to nearly $ 50 a share.

If these investors in the market really believe in Buffett's judgment, they should buy Goldman Sachs stock now for 50% off.

But the situation is exactly the opposite. Investors are skeptical of Goldman's profitability. Even if the current static P / E ratio is less than 5 times, but considering the future earnings status is unknown, investors are still afraid to buy stocks and hold them for a long time. "

Alvitre naturally knows that since last time Buffett almost publicly accused his big boss of shorting General Electric, which led to the shame of Xing shares, the relationship between the two has fallen to freezing point.

However, I have to say that Buffett is Buffett. It is difficult to watch his jokes, and it is difficult to shake the position and influence of the stock market **** and the experience of decades of accumulation and success. Unwise.

Of course, Andy is naturally very clear. In previous lives, the media in various countries around the world had suffered heavy losses in the economic crisis. However, the other party is still among the top three in the Forbes rich list every year, and even beats Bill Gates. Ci, was the number one for many years.

There can be likes and dislikes in his heart, but he can't take this likes and dislikes as the basis for his life. Although he and Buffett are somewhat separated, Andy still sends an invitation to the other party to the engagement party.

Children are right or wrong, adults only look at the pros and cons!

"In fact, the main reason for the loss of investment judgment is the uncertainty of the overall economic prospects." Bardstone began to elaborate his views, and also hoped to take the opportunity of all financial personnel to participate in the discussion.

"Basically, the profitability of a company's development depends on market demand. If there is no demand in the market, the company naturally has no room for profit.

Since the outbreak of the financial crisis, ordinary investors in the United States have suffered heavy losses. As the economic crisis worsens, companies have laid off workers, the unemployment rate has continued to rise, consumer confidence has been severely hit, and market demand has shrunk significantly.

At present, in addition to Wal-Mart and McDonald's mass commodity sales companies can maintain growth in the crisis, a large number of companies have suffered.

Now the stock price is in the process of readjustment. Whether the price level is high or low depends on the development space of the future enterprise. For value investors, the most difficult thing is that it is impossible to judge whether the company can recover to the crisis. Normal profitability.

Boss, if the financial turmoil will end in the first half of next year, should we now set up a data analysis and tracking group for listed companies to screen out outstanding listed companies, prepare in advance, and make a bottom-up investment at that time? "

Andy Shu frowned and nodded in agreement: "It is indeed time to investigate the layout in advance, and it will be left to your Liberty City, no problem, Bud."

"No, we are very well staffed now." Bardstone did the job without hesitation.

You know, when taking over the bankruptcy of Lehman's financial business, Bardstone and Alvitre both politely poached many elites, plus the massive layoffs on Wall Street, the City of Liberty and Gai The number of Asian companies has ushered in a rapid expansion. It is no longer a small company with more than a dozen fish.