My Age of Investment
Chapter 1306: Asset cutting
Chapter 1306 Asset Cutting
Larry Ellison's stake in Oracle, although much higher than Jobs' stake in Wisdom Fruit, has not escaped the same fate as his old friend.
Under the huge pressure of public opinion, Larry Ellison had no choice but to back down and announced his resignation as CEO.
But Larry Ellison refused to apologize.
Jobs did not apologize to the Chinese and Chinese, so why should he apologize to Indians and Indians?
Larry Ellison is very arrogant in his bones, and he doesn't want to be soft on it, and he doesn't believe that the Indians can do anything to him.
He ignored the demonstrations of Indian origin and the prosecution of related organizations, and threw all the mess to his successor, then patted his butt, took his new girlfriend on a yacht, and went on a trip to Europe.
After his itinerary was exposed by the media, it caused a new round of criticism.
But Larry Ellison seemed to disappear without any response or appearance.
After learning the relevant news, Liu Hai ordered to close the net, liquidated all Oracle's short positions, and reported the results to Xia Jingxing.
"After the incident, Oracle's stock price fell by 35%. We invested a total of 3 billion US dollars in principal to establish short positions, and made a profit of about 1 billion US dollars."
Xia Jingxing nodded lightly and looked at the bangs on the screen with a smile on his face, "Not bad, not only enough money to buy a basketball team, but also enough money to buy another football team."
Liu Hai said with a smile: "Larry Ellison may even regret his bowels this time."
Xia Jingxing stretched his waist, "No matter what he thinks, anyway, I saw that grandson was upset. This time I gave him a small lesson, just to let out the bad anger in his chest."
Liu Hai smiled slightly, and then asked about Xia Jingxing's arrangements for more than 30 billion US dollars of spare funds.
After the acquisition of East West Bank, Xia Jingxing still has nearly 31.4 billion US dollars in funds.
After , two new planes were ordered, a Gulfstream G550 and an Airbus A380.
Among them, the Gulfstream G550 was given to Ivanka, and the Airbus A380 used it for himself.
The Airbus A380 is a double-deck, four-engine airliner and the world's highest passenger airliner.
In the highest density seating arrangement, it can carry 850 passengers, and in a typical three-class configuration, such as the first-business-economy class arrangement, it can also carry 555 passengers.
But Xia Jingxing couldn't use that many seats at all, so he clearly asked for it when he placed an order for Airbus - private order.
After the renovation and design of this behemoth in the sky, it will become Xia Jingxing's flying palace in the sky, and some living facilities will be installed on it, such as sky swimming pool, elevator, concert hall, conference room and so on.
The decoration standard will never be lower than that of the oil tyrants, it will only be higher.
As for the current Gulfstream G550, Xia Jingxing plans to give it to Christina.
It’s not that I was stingy and was reluctant to buy a new plane, but now this plane was designed by Christina herself, and she was very satisfied.
Two new private jets ordered, costing about $550 million.
Acquired the Golden State Warriors for another $450 million.
The sum of the two items is just about equal to the money earned from Oracle.
Therefore, Xia Jingxing still holds free funds of 31.4 billion US dollars.
Today, the development funds of its various industries are very abundant, and there is no need for Xia Jingxing to inject any more capital in the short term.
This caused Xia Jingxing a little trouble, and he didn't know where to invest his huge investment.
This money is currently managed by Liu Hai, an absolute confidant, and the short Oracle is also operated by the team led by Liu Hai.
Xia Jingxing did not answer Liu Hai's question, but asked the other party's suggestion.
Liu Hai pondered for a few seconds, then smiled bitterly: "To be honest, I don't know what to do with this money.
The amount is too large and it is all your personal funds. "
Xia Jingxing heard Liu Hai's concern, waved his hand and said, "You don't have to be burdened with psychological burdens, you can manage the money as you used to manage the client's funds."
The bangs do not speak, can this nature be the same?
The customer's money, if you lose it, you will lose it.
If I lose your money, I can't wipe my neck...
Xia Jingxing looked at Liu Hai's hesitant look and smiled, "How about setting up a family office?"
Liu Hai asked back: "Separate from Vision Capital?"
"right!"
Xia Jingxing nodded his head, "Isn't there a big voice in the US political circles now? They demand that hedge funds be brought into regulation and not repeat the mistakes of the financial crisis.
Now that the financial crisis has slowly passed, the entire United States is reflecting and looking for a fig leaf.
Hedge funds are a good scapegoat. They put all the responsibilities of the government and the public on hedge funds, and they can explain everything. "
Liu Hai understood and asked, "Are you trying to use a family office to avoid supervision?"
Xia Jingxing grinned, "Yes, this way our investment operations can achieve a more subtle effect.
Otherwise, like shorting Oracle this time, after the relevant information is disclosed, it is likely to become a weapon for others to attack us. "
Liu Hai pondered silently, as Xia Jingxing's henchman, he knew very well what Xia Jingxing did in the United States, and he also knew some of Xia Jingxing's taboos.
Sometimes, Xia Jingxing voluntarily gave up when it was obvious that he had a chance to gain greater benefits, or he would bring in the spokespersons of other forces to share a piece of the pie.
Carefully sailing the ten thousand year ship, this sentence is vividly reflected in Xia Jingxing.
Before he could speak, he heard Xia Jingxing say, "Envision Capital's reputation is getting bigger and bigger, and its goals are getting bigger and bigger.
My funds can no longer be mixed in, there must be some level of cutting. "
Xia Jingxing said "to a certain extent", not all, mainly because of the S fund.
Through the S fund, Xia Jingxing hid part of his holdings in important companies such as Facebook and YouTube.
Chinese people pay attention to wealth and not revealing their wealth, and this principle is equally valid abroad.
If he is not stolen by thieves, he is afraid of thieves. The Facebook IPO listing has been put on the agenda again, and he must make some arrangements in advance.
Liu Hai nodded and said: "Actually, it is better to cut it, so that Vision Capital is more pure, and it is a money-making tool for the powerful in the United States.
Any censorship in the future can be handed over to the American elite to resist.
We will earn a "hard work fee", the bulk of which belongs to them, and they can't help but work hard. "
Xia Jingxing laughed, it seemed that Liu Hai had figured out some of his ideas.
The reason why he does asset cutting also has such a layer of consideration.
This is actually a better way to preserve Vision Capital and avoid a strong blow in the future.
Liu Hai said with a serious expression: "Recently, Wall Street has been very unhappy, and some congressmen have proposed to severely punish Wall Street!"
Xia Jingxing frowned, the financial crisis has just passed, is this busy starting the liquidation?
Before did not move Wall Street, the main reason is that the power of Wall Street is needed to stabilize the financial order.
"Goldman Sachs may face prosecution, they have been too shrewd in this financial crisis, and there are too many people who are helping them."
Liu Hai looked at Xia Jingxing on the other side of the screen, and reminded: "We must keep a low profile during this time, and don't become an early bird."
Xia Jingxing spread his hands, "Not yet low-key? Didn't I ask you and Jiang Ping to respond to Ao Guanhai's call to save the market?
How many U.S. stocks have we increased during this period? One or two billion dollars, right?
You and Jiang Ping have nothing to do with each other and accept an interview. Speak in a high-profile way. The United States does not pay attention to good deeds and does not leave names. "
Liu Hai chuckled lightly. I am afraid that only his own boss can talk about bargain hunting so fresh and refined.
(end of this chapter)
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