Those who survived successfully, how could they survive if they didn't have two tricks.

 In fact, it is not impossible to buy a basket and return the pearl.If you think that box is valuable, it doesn't really matter.

 However, you always throw away your treasures like garbage, which is a bit of an idiot, and it is really hard to describe in words.

 Some people from Chu sold their pearls to Zheng, and they used them as a magnolia cabinet. They were smoked with cinnamon peppers, adorned with pearls and jade, decorated with roses, and assembled with emerald feathers.The man of Zheng bought his box and returned his pearls.This can be said to be good at selling bamboo, but not good at selling pearls.

 In fact, in William White's view, it is unnecessary to ridicule Zheng Guoren, and it is even more absurd to ridicule Zheng Guoren for thousands of years.

 First of all, this buyer must be an aristocrat. Pearls are actually worthless to him.As for the box, people really like it.Then, of course I don't want the garbage in the box, and I will give it away as a reward.

 The ridiculous thing is actually Chu people, if you have the skills to sell beads, you might as well sell boxes.This thing is definitely more profitable than beads.

 What I want to say here is that it doesn't matter whether you buy the basket and return the pearl, or sell the pearl and discard the basket.What you think you need is the most important thing.

 Unfortunately, Yahoo gets it wrong every time.They believe that user data is valuable, but he is not interested in how your software is designed.

 Think about it, if Amazon takes all the data of a certain treasure, can he replace it?

 Just kidding, being beaten by Jingxi and a certain Duoduo is almost like looking for teeth all over the floor.The success of a certain treasure lies in its upstream and downstream industrial chain, as well as its freight and payment system.User data and suppliers are not unimportant, but not so important.

 Papa Ma should be lucky, if he hadn't been in the Rabbit Country, he might have been recruited long ago.Then, rot with Yahoo.

Chapter 19 is of hedgehogs. (build)

 "Charlie, although what William White said has some truth, I still don't think it's true." Looking at his good friend, Buffett was a little confused.He has been thinking about it for two days, and he really doesn't understand what William White said.Don't touch what you don't understand, this is his consistent purpose.

 Although there may be losses in the short term, the safety of funds will still be greatly guaranteed.

 "Actually, it's nothing, right? I checked the investment portfolio of the White Fund. Recently, there have been obvious changes."

 "Tell me, Charlie, what's different."

 "They have been reducing their holdings in Netscape, and other Internet companies are also reducing their holdings. By the way, Cisco is also reducing their holdings."

 "He left? No, it seems that no news has been received."

 "They didn't leave the market, they bought Big Blue and HP. Also, insurance and medical related companies, their shareholding ratios are increasing."

 "HP? Hasn't this guy been despised by Wall Street all the time?"

 "Old man, there are so many things that Wall Street dislikes. William White is not the same as being ridiculed for increasing his holdings of Big Blue."

 Buffett immediately shut his mouth, saying that virtual wealth is not easy to realize, and if you sell too many shares, the price will shrink by half.

 However, this does not include those so-called big blue chips.William White is the largest individual shareholder, holding less than 5% of the shares of Big Blue.If he reduces his holdings by half now, the stock price will not fluctuate much.

 The stocks that William White put into the family fund actually have a feature. Whether it is 7-11 or HP, there is an obvious feature.

 That is stable!

 "Tom, is this HP figured out?"

 "Yes, boss, the sales boom of personal PCs has basically been confirmed. If they don't pay attention, they may have no chance."

 This wave of personal PC market can be said to be the Waterloo of traditional IT companies.Wang An went bankrupt, IBM Half-Life, and the strange thing is that another IT giant is actually stable.

 In 93, the revenue was less than 200 billion U.S. dollars, but in 96, it exceeded 400 billion U.S. dollars.So what if you don't pay attention to PC, you still make a lot of money.If that's all it is, it might just be eating its laurels.

 But is it really that simple?

 HP laboratories are located all over the world, with research and development institutions in Palo Alto, California, Bristol, UK, Haseri Haifa, Bengaluru, Asan, and Tokyo, Japan.

 What they were already doing was exactly what William White was going to do.After the Asian economic crisis, he planned to implement this plan.The globalization of Bell Labs has reached the point where it cannot be delayed any longer.

 HP's maverick, let him see a model, not to mention how good it is, the biggest advantage is stability.The current world is too dangerous, if possible, it's better to take it easy.

 It is actually a nonsense thing to be stable in the IT industry.What matters here is speed, no matter how awesome your research and development is, if you move slowly, it will be for nothing.

 Yes, the United States has intellectual property rights, but can't I bypass it?

 Another point is that Laomei pays more attention to production patents.That is to say, if you have invented something, if it has not been put into the market.

 Ahem, there will be patent fees, but don't expect to get rich overnight, this is unrealistic.

 "Filson, Netscape should ship the product as soon as possible. They can't win this lawsuit. Even if they can win, the company is finished."

 "Fortunately, the Internet is very hot now, otherwise, there will be problems with cashing out."

 "Idiots can't be fooled. Anyway, investors think that Microsoft is shameless. As long as they get him down, Netscape can soar into the sky."

 "Ahem, it may also be that Yahoo has stimulated the market too much. In addition to the legend of Netscape's wealth creation, there is no way around it. There is a wealth effect, and no one is willing to give up."

 "Haha, by the way, how about Yahoo, Damo agrees?"

 "Yes, IPO will be issued at a valuation of 23 billion, and the response is very strong. Boss, this time, our shareholding will be less than 35%."

 "Well, I'm very optimistic about them. Anyway, it's better not to go lower. Otherwise, I don't mind increasing my holdings again."

 It's funny to say that Buffett couldn't bear it anymore and planned to try something new on the Internet.William White, on the other hand, seemed to be evacuating.

 Money is the devil!

 Investing in Cisco is one of Buffett's most successful investments in recent years.Since high technology is possible, then, should the Internet also try it?

 "A valuation of 23 billion?" Buffett's eyes jumped, hey, he should have joined the A round in the first place.

 "What's the status of the purchase?"

 "Exceeding is certain. The shares released now cannot meet the needs of the foot basin people. Wall Street is still hesitating, and the foot basin people have already sold."

 "okay, I get it."

 Putting down the phone, Buffett smiled wryly.When a typhoon comes, pigs can fly.Obviously, it's hard to say whether Yahoo is a pig or not, but it sure took off.

 "Charlie, I've decided to take a gamble."

 "Alright, I've been looking at it for a long time, and William White seems to be reluctant to sell it. Could it be that the income of one billion dollars is no longer satisfactory."

 "Satisfied? Are you going to see Cisco?" Buffett didn't want to talk, it was too hateful.Do you want to make money so easily!After this round of storm, it is hard to say whether the pig will fly, but William White will definitely fly.

 Buffett found that companies with a relatively high proportion of shares held by William White have a certain margin of safety.On the surface, his shareholding ratio did not exceed 50%.

 However, this is a shameless person. Others play charity funds, and they are a little secretive.

 Nima, if you play like this, you might as well be privatized and delisted!

 If William White knew that this guy thought so, he would definitely raise his middle finger gracefully.

 Do you know what wealth in the sun is?

 The richest man in the world?

 Even if he has trillions of assets, it has nothing to do with this word.Not to mention other things, how much wealth does Leo Vanta hold in the prison?

 Anyway, when this small amount of money returned to the United States, the entire European financial circle was in chaos.

 For public figures, personality is very important.You don't want your company to go public because you don't want to share wealth with the society.Of course, there are such people in the United States. The current Koch Enterprises, and later Dell, all belong to this type.

 Keke, it's not very good.

 Hatred of the rich can be found everywhere, and the United States is no different.When you do something wrong, it will be deliberately magnified.

 Can share wealth with the society and be keen to participate in charity.Put a lot of money into scientific research projects.

 Well, this is William White's character design.

 Therefore, basically no media would hack him, even if this guy is not a media tycoon, no one would offend him to death.

 You see, Bill Gates said in a speech that we need to use radical methods to reduce carbon dioxide emissions.The most important point is the need to reduce the population.As for who needs to die, of course it is the 80%.Smart people will contribute to this society.

 The original words at that time may be more exaggerated, so it is not convenient to write them here.However, after saying such exaggerated words, no one did anything to him.

 If you try to say that with the Koch Brothers, you will definitely be blacked out.

 Anyway, whatever the context in which Bill Gates said it, it was certainly inappropriate to say it.

 Are you saying he's out of his mind?Don't know if it will cause an uproar?

 Impossible, why do you still have to say it?

 Alas, he shouldn't have said, sometimes, ignorance is also a kind of happiness, why do you take away my happiness!

Chapter 20 Planning to usurp the throne

 March 1997, 3, this is an ordinary Thursday, as usual, the weather has warmed up, and the damn winter is about to go away.

 However, looking at the quotation of 0.99 yuan, all Apple shareholders were silent.Once upon a time, this was an aggressive company and a great one.A pioneer, a company that overthrew the blue hegemony.

 But, why the hell did you become a penny stock!

 Didn't you invite that hero back?What are these now?Planning to go bankrupt?

 Fund managers on Wall Street soon learned of the news.It turned out that the master who sold the 150 million shares was Jobs himself.

 "I am completely desperate for the board of directors, and I don't think there is any possibility for the stock to rise." After saying these words, Jobs drifted away.

 "Damn it, he thinks Apple doesn't die fast enough, right?

 Filson, let's cover the position and lower the average price a little. At the current cost, what stocks should I speculate in? Is this the rhythm of directly speculating into shareholders? "

 Looking at the picture on TV, William White's face was wrinkled into a bun.You bastard, if you can't negotiate in advance, I can at least make a price difference.

 "Boss, is he going to pick someone up? Then go back to Pixar?"

 "How is it possible? If the estimate is correct, he has won the support of most of the shareholders. This time, he is planning to usurp the throne."

 "So ruthless, is Amelio the one who lured the wolf into the house? Maybe, this is the most unlucky CEO?"

 "The era has chosen Jobs. Of course, it is impossible for him to let people share his glory. If the estimation is good, Jobs has a whole set of plans. And this Amelio obviously has no courage."

 There is nothing to say about winners and losers.However, Old Joe is ruthless enough.Among the people who kicked Jobs away in the first place, there was no one like this.

 Alas, is it really so difficult to give a decent way?

 That's why William White wouldn't be Jobs' friend.In order to achieve the goal, any means can be used.

 Although he is not a good bird, but, alas, the methods are too violent.They didn't throw your child into the well, so why not leave no room for it?

 Amelio smiled miserably. This day was too long for him.Jobs wanted to drive himself to walk. Although he had expected it, he didn't expect it to be so fast.

 It seems that he has no way to justify the hat of the worst CEO in history.

 Amelio was not annoyed by being kicked out.But, can't you talk to me first?

 Amelio was very hard-working, and within the scope of his rights, he gave Jobs all the rights he could give.

 However, the bargaining chip paid by the other party was to stab him twice.

 This chair under the buttocks was originally prepared for you.

 Of course, don't say anything now, they have turned against each other.

 So, this guy doesn't understand Jobs.If it is William White, you must guard against him.Just kidding, in order not to pay alimony, this guy can actually say that he is infertile.

 A person can be so weird, how do you expect him to have integrity.

 Relatively speaking, Bill Gates is much better.At least, he didn't think about kicking his good friend out.

 There are only two ways to reorganize a company, which is to increase revenue and reduce expenditure.

 It seems that open source is temporarily impossible.Then, all non-core businesses will be cut off.

 The current apple is like a big centipede.If it is cut according to Jobs' intention?

 They become an earthworm.

 The United States is like this. Layoffs are fine, but you must have funds.If there is no money, what will you use to pay the compensation.

 Detroit is half dead for Mao?

 No money to lay off staff.

 The funniest thing is that the company has no money, and Peanut has no money.Well, let's take care of these guys slowly.

 Land prices, water and electricity costs, the United States is cheaper than the foot basin.That is to say, the wages of workers are higher, and the others are about the same.

 However, everyone's production costs are completely different things.

 It is unreasonable to say that car companies are dumping.If the foot basin really dares to use this method to destroy the US auto industry.

 Hehe, they must have died a miserable death.

 The fact is that the production efficiency of the United States is not at the same level at all.

 Ahem, Tesla can't do it either, at least 10% worse.That is to say, with the same workers, the output of the foot basin is 10% more.

 Tesla is now regarded as a competitor by many Japanese companies.

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