Rebirth: From catering group to world’s richest man

It is no longer news that someone jumped off a building in Investment Street.

Someone called the police, and soon someone came to shovel the body.

Two local college students who happened to pass by the scene of the jump and saw a living person being torn apart in front of them, were so frightened that they were sitting in a police car, shivering. Anyway, their legs are weak and they can’t walk anymore.

“This is the third person to jump off the building in the past two days.”A policeman said

“Yes, someone jumped out yesterday and smashed a sports car.”Another policeman said

“Gee, I heard it went bankrupt overnight. horrible”

“It’s just that bankruptcy is still a good thing. After our investigation, the man who jumped from the building yesterday still owed tens of millions of dollars. His colleagues said that he was at work when he answered a phone call and immediately turned around and jumped off the building.”

“Don’t worry, this isn’t the end today, there will definitely be people jumping down in the next two days.”

“Yes, why do you think the buildings here are so high? Doesn’t this make it easier for these people to commit suicide? It is suggested that in the future the government should limit investment in street building heights.”

The two college students turned pale after hearing this.

………

A month has passed and the Nasdaq index continues to fall.

In just one month, the market value evaporated by one trillion US dollars.

Everyone knew the bubble had burst.

A lot of hindsight experts jumped out and started to express their lofty opinions, saying that they had long determined that the bubble was bound to burst.

But it is of no use. Most people have lost everything in this burst bubble.

Extremely tragic.

Of course, there are also some experts who have long felt that the limelight is not right, and retreated early to make a fortune before the bubble burst.

This includes Lin Shen.

This easy way to make money is so cool.

Hong Kong Goldman Sachs Bank, a familiar VIP room

“Boss, the bursting of the Internet bubble this time is really tragic. Fortunately we retreated early.”Ouyang Qianyi said with some fear.

Tang Shijie stood aside and said:”Yes, let me tell you, Miss Ouyang has been selling the technology stocks in her hands in the past few months. It turns out that Mr. Lin had already It was predicted that the Internet bubble would burst this time. This time Mr. Lin will be the biggest winner again.”

Tang Shijie didn’t know how much money Lin Shen could earn, but all of Lin Shen’s stocks were basically sold at high points, and the amount of cash out must be terrifying.

Tens of billions of dollars?

Tang Shijie thought it should be easy.

After all, since Since the Internet bubble burst, the value of the US stock market has evaporated by one trillion US dollars in just one month!

Lin Shen made the move before it evaporated, although one trillion US dollars is only on paper. Numbers, but as long as someone takes over in advance, the numbers on paper can be turned into real money. Isn’t it easy for Lin Shen to make tens of billions with this sneak attack?

Tang

Shijie looks at it now. Lin Shen’s eyes were like looking at a god.

Of course, there can be no god in the world, and no one can predict the future. Tang Shijie was curious about how Lin Shen predicted that the Internet bubble would burst, although Tang Shijie knew that he could not. I should ask, but I couldn’t suppress my inner curiosity and couldn’t help but said:”Mr. Lin, let me ask you boldly, how did you know that the Internet bubble was about to burst. Of course, if you don’t want to talk about it, that’s okay, I’m just too curious.”

“In fact, bubbles have always existed, but the rising market has been so crazy that it has blinded everyone. Lin Shen said

“There has been? Tang Shijie said doubtfully

“Of course, let me give you a very simple example.

Do you know what the market value of Cisco was before the Internet bubble burst? $570 billion!

You tell me, a company has a market value of US$570 billion? Is it normal? Amazon has been losing money for several years, losing hundreds of millions of dollars every year, and its market value is also US$22.

8 billion.

Is this reasonable? With 570 billion US dollars, it is not an exaggeration to say that it can buy half of Hong Kong, right? Lin Shen said.

Tang Shijie nodded repeatedly after hearing this.

“And if it is an entity enterprise, how big and how many employees does it need to reach such a market value? For example, General Dynamics took nearly fifty years of development to reach a market value of US$3 billion, while an Internet company can even reach this figure as soon as it goes public.”Lin Shen said,”So the bubble has always existed, and everyone is just selectively blind.”

Hearing what Lin Shen said, Tang Shijie nodded repeatedly and suddenly became enlightened.

Why didn’t you find this before? Yes, the market value of a company has reached 570 billion U.S. dollars. It seems that one trillion U.S. dollars evaporates in a month. It is common. I’m afraid it will continue to fall and fall to the bottom.

“Mr. Lin, you are indeed very discerning.”Tang Shijie quickly flattered him.

At the same time, he felt that he had failed. Why did he suddenly realize it when Lin Shen said it? If Lin Shen didn’t say it, it was so unreasonable, but he always felt that there was no problem.

Seeing Tang Shijie’s expression Looking very frustrated, Lin Shen chuckled:”Actually, I can detect something is wrong because I am a major shareholder of many Internet companies in Stars and Stripes. Let’s put it this way, I own more than 30% of Yahoo! Yahoo’s market value has reached US$93.7 billion, and my book assets in Yahoo alone are as high as US$30 billion. Naturally, I can detect the unreasonableness in it. Speaking of which

, Lin Shen was also very melancholy. When the Internet bubble burst, he managed to sell out his Yahoo shares, but he had too many shares and no one could take them all in one bite. As a result, he failed to sell them all. Otherwise, it would not be a blessing to cash out more than 30 billion US dollars.

“I see.”Tang Shijie was in a better mood, but he also learned a big news, that is, Lin Shen was actually Yahoo’s major shareholder.

“Affected by the decline of the Nasdaq index, the U.S. stock market as a whole is falling. We Hong Kong stockholders are inspired by the trend. Seeing the fall of U.S. stocks, we also feel that our Hong Kong stocks will fall. Now the Hang Seng Index is also falling. The stock price of Zhenxing Electrical Appliances has also begun to fall. I called Zhang Tongchen yesterday and he looked worried.”Ouyang Qianyi said

“Haha, Zhang Tongchen’s worries are unfounded. Lin Shen said with a smile. He was also amused by Zhang Tongchen’s worry.