Siheyuan: I am Jia Dongxu's cousin

"Boss, the price of The Washington Post has dropped to $7.34 per share." Lin Qing reported the latest news to Zhang Weiguo.

"7.34 US dollars?" Zhang Weiguo thought for a moment after hearing the price. "Lin Qing asked the acquisition department to wait. When the price drops below 6 US dollars, they will buy it quickly."

"Can it really be reduced so much?" Although Lin Qing had doubts in her heart, she still followed Zhang Weiguo's instructions and notified the acquisition department.

Zhang Weiguo didn't know the price Buffett paid for the Washington Post in his previous life, but it should be around $5.5. He set the purchase price at $6, which would definitely allow him to buy it before Buffett.

But to be on the safe side, Zhang Weiguo said to Lin Qing who was about to leave the office: "By the way, Lin Qing, have someone keep an eye on the news about The Washington Post. If we find out that Berkshire Hathaway has an intention to acquire the company, we must acquire it before they do."

"I understand, boss."

Although it was unclear why the boss was sure that Berkshire's company would come out to acquire the Washington Post, he still obediently conveyed Zhang Weiguo's instructions.

Zhang Weiguo tried hard to search his mind for the video memory of Buffett's experience in his previous life. After a few minutes, Zhang Weiguo sorted out the memory fragments he had found and roughly came to the complete conclusion of Buffett's acquisition of the Washington Post.

In 1973, Buffett's Berkshire Hathaway bought shares of The Washington Post for $1000 million at a price of about $5.5 per share. In a video interview, Buffett even said, "Oh my God! This is an incredible price. It's too low, even less than a quarter of the value of The Washington Post itself."

But under the influence of the economic crisis in the following two years, the price of The Washington Post continued to fall, by about another 20%.

However, Buffett's investment has one characteristic: long-term holding.

Sure enough, The Washington Post later rewarded Buffett's vision with a return of far more than 400%.

The reason why Zhang Weiguo did not wait until the Washington Post hit its low point before purchasing it was precisely because Buffett likes to hold stocks for a long time.

You should know that the Washington Post has a long history. It was founded by Stilson Hutchins in 1877. Because its headquarters was located in Washington, D.C., America at that time, it was named the Washington Post.

The Washington Post was originally a financial newspaper that mainly reported on financial events in America. It was published once a day, just like the Flower Planting News. Then the Washington Post gradually developed and gradually became a national comprehensive newspaper covering the whole of America. Its content was no longer limited to finance, but also included multiple fields such as politics, society and culture.

Just the year before, The Washington Post had gained enough international prestige by exposing the Watergate scandal and forcing President Richard Nixon to resign.

It is worth mentioning that although the share price of The Washington Post has been falling, its actual profit is very good and it has no debt. Therefore, the current share price of The Washington Post is far from its true value.

In the previous life, there were video bloggers who broke the news that the Washington Post had insulted China in the newspaper, but in this life, the Washington Post is going to do the opposite. Just like before Zhang Weiguo came here in the previous life, some people said that the then President of America was an undercover agent of the Dragon Country.

Maybe this is really possible in this life!

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A week passed quickly, and Zhang Weiguo had just put down the pen when he received a call from his subordinates.

"Boss, the price of The Washington Post has dropped to $5.97 per share. Should we start buying it?"

The person who spoke was the leader of the stock acquisition team, Tang Hongren.

In fact, in Tang Hongren's opinion, the current price of The Washington Post still has a lot of room for decline, and it is not a good time to acquire it. However, the boss has already informed them before, so Tang Hongren called Zhang Weiguo.

My original intention was that my boss asked me to buy it, so even if the price dropped later, it couldn't be blamed on me.

However, Zhang Weiguo did not expect Tang Hongren's little trick, and even if he did, he would not care. His original intention was to control the Washington Post, not to make money from its stock price.

“Let’s start the acquisition!”

In his previous life, Buffett used 1000 million US dollars to acquire 170 million shares of The Washington Post, which accounted for about 3000%. However, Zhang Weiguo is now very wealthy and directly asked someone to spend million US dollars to acquire it.

After receiving Zhang Weiguo's order, Tang Hongren did not hesitate and immediately began remote command.

"No. 2, start taking action. Buy 10 lots first, and be careful not to cause fluctuations in the stock price."

"Okay boss."

Tang Hongren's professional ability is worthy of recognition. After about a week of acquisition, Tang Hongren asked his subordinates to carefully acquire the shares of The Washington Post through different channels and accounts in different countries.

"Boss, we have already obtained 21% of the shares. Do you want to continue the acquisition?" asked No. 2.

Tang Hongren did not give a specific answer, but asked No. 3000: "How much of the million US dollars for the acquisition is left?"

When No. 800 heard Tang Hongren's question, he answered quickly: "Boss still has more than million US dollars left."

“What’s the price of The Washington Post right now?”

"US$5.89 per share." Number Two replied quickly.

"Boss, yesterday we discovered a group of funds in the market competing with us for Washington stamp stocks, with a total of about 1000 million US dollars. Should we stop them?" asked No. , who had been silent.

Tang Hongren was helpless about the character of No. 3. To put it bluntly, he was belligerent and liked to fight with others in the stock market. To put it bluntly, he was a madman.

As a talent recruited by Tang Hongren himself, No. 3's strength is unquestionable. However, he is ruthless in his attacks, often forcing his opponents into desperate situations without leaving them any chance of survival.

This was not a good habit in Tang Hongren's opinion. After all, even a rabbit will bite when it is cornered. If you force someone into a desperate situation, isn't that forcing them to fight you to the death? If the opponent is weak, it's fine. But if you meet someone with a background and a backer, you might easily provoke enemies.

Fortunately, Tang Hongren was able to suppress his opponent.

"Don't worry about him. Our goal is to acquire as many shares of The Washington Post as possible, not to fight with anyone."

"Okay...right!" Number Three replied unwillingly.

Due to the other party's entry, Tang Hongren had to improve his acquisition efficiency. Soon, just two days later, Tang Hongren's team once again acquired 10% of the Washington Post's shares.

It has to be said that Tang Hongren and his subordinates are quite capable.

Logically speaking, 3000 million US dollars can only acquire about or percent of the shares, and due to the butterfly effect, the stock price may be temporarily raised, resulting in even fewer shares acquired.

However, Tang Hongren's team managed to acquire 31% of the shares even when there was still another company entering the market, which shows their strong strength.

America, Berkshire Hathaway.

Buffett was amazed when he saw the price of The Washington Post submitted by his subordinates.

“US$6.21 per share? That shouldn’t be the case! It seems that someone is also interested in The Washington Post like me!”

"Phil, hold off on the acquisition for now. The price of The Washington Post needs to be lowered." Buffett said to his team members.

"Listen to you, I also feel that the price increase is a bit too drastic." Phil replied.

“There is never a shortage of smart people in this world.”

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