Reborn Capital Empire

Chapter 246 Margin of Safety

After listening to Guo Shouyun's words, the people in the conference room looked at each other. William Zhang said: So, the boss is still inclined to buy Enron?

A part of Enron to be exact! I have no interest in Enron Investments or Enron Energy and Trading. In addition, these two companies account for 95% of Enron's revenue, and I believe that Jeffrey Gilling may not be willing to sell them to me! Guo Shouyun said.

However, the simultaneous acquisition of Enron and the Southern Company put too much financial pressure on us!

Jonathan Weil's tone was disapproving.

Jonathan, remember I told you before. I'll find a solution for the funding issue. When I feel that the expansion of Pan Pacific Group is putting pressure on our financial security, I will call and tell you to suspend all mergers and acquisitions. Also, including this year, Pan Pacific Energy Group still has two and a half years, or two years of rapid expansion. In the past, we will enter a ten-year rest period. During this period, streamlining staff, reducing business scope and reducing corporate debt will become our highest goal. At the same time, the group will no longer have mergers and acquisitions of more than 100 million US dollars. So, cherish this time!

After a pause, after letting everyone digest it, Guo Shouyun continued: In the next month, your main task is to review this plan, write down any objections, and discuss and formulate a plan. In order to keep secrets, the whole plan was codenamed "Zheng Guo Canal".

Zheng Guoqu?

Everyone tasted this tongue-in-cheek name. Most of them who lacked understanding of Chinese history did not know the meaning of it. Only William Zhang, who was Chinese, gave Guo Shouyun a thoughtful look.

Oh, right. During this period, the normal operations of Pan Pacific Energy and Phoenix cannot be delayed! Guo Shouyun followed up.

Looks like we're going to work overtime again! Ricky Causey smiled wryly.

Jonathan Ware shrugged, we're used to it, aren't we?

In recent months, with the company's internal rectification and a series of mergers and acquisitions, the entire Pan Pacific Group executives have been working hard, and overtime has become the norm. However, Guo Shouyun's partner system has avoided their escapism to the greatest extent possible. After all, working for someone else and working for yourself are definitely two very different states.

Don't worry, I will also work overtime with you throughout the discussion of the plan. From now on, this conference room will be our office. Guo Shouyun said.

This makes me feel more comfortable! Carol Lusmi laughed.

His words won laughter from everyone present. Guo Shouyun shrugged, he liked this relaxed and efficient working atmosphere.

Wendy, turn on the projector and let's get started!

Wendy Solo, who was sitting next to him, nodded, turned on the projector in the center of the office, and text that everyone could read clearly appeared on the rear-projected screen.

The biggest loss-making project of the entire Enron Group is India's Dabor Power Plant, a $2.5 billion power plant with an installed capacity of nearly 22oo megawatts. For political reasons and the lack of a robust investigation prior to construction, the first phase has yet to generate a single cent of revenue. The next priority for our discussion is the solution for the Dabor project.

With Guo Shouyun's words, the atmosphere of the discussion in the conference room gradually became stronger. Everyone expresses their opinions. Wendy is responsible for recording with the secretary. If more detailed data is needed, the information department of Phoenix Company will collect it as soon as possible. If it cannot be collected, it will be recorded temporarily.

No one left until nine o'clock in the evening except when they were eating and going to the toilet, or when there were internal affairs of the Phoenix Pan Pacific Group that needed to be dealt with.

When Guo Shouyun announced the end of the meeting, everyone dragged their tired bodies out of the conference room. However, when Guo Shouyun was packing up the materials on the table, Barber Douglas came over.

Let's go together?

Guo Shouyun nodded.

Wait a mininute!

After putting the documents in the briefcase, he raised his hand and gestured, and the two walked out of the office side by side.

Come on, what's the matter?

Barbey is not surprised that Guo Shouyun guessed his purpose.

Now, the relatively easy-to-acquire utilities in the western states of the U.S. that have suffered badly from the California energy crisis have basically been acquired by us! The rest are either too small or too expensive to acquire. In short, there is very little room for Pan Pacific Group to expand in a short period of time. So, it's time to end the California energy crisis! Balbey Douglas says.

How do you know I have a way to end the energy crisis? Guo Shouyun asked with a smile after thinking for a moment.

intuition! After a pause, Barbey looked at him and said with a smile. In addition, I think the source of the solution to Enron's dilemma must be someone who has a very good understanding of its operations within Enron.

Looking at Barbey Douglas with a gleam in his eyes, Guo Shouyun turned his head after examining for a moment, and continued to walk forward.

Barbey, in our Chinese culture, shrewd people usually use the metaphor of 'fox', and I would like to give you this metaphor too!

fox? After a flash of surprise on his face, he followed in Guo Shouyun's footsteps. Can I interpret this as a compliment to me?

certainly!

After nodding, Guo Shouyun continued: Regarding ending the energy crisis, I do have a solution. However, the time is not yet.

Why?

The contract to acquire the Southern Company has not yet been finalized!

What happened to the Southern Company had little to do with the energy crisis. After all, they weren't affected by California's energy crisis. Speaking of which, a flash of surprise flashed across Barber Douglas's face. Are they Goldman Sachs and Morgan?

Guo Shouyun stopped as soon as he walked, although he recovered quickly. But it also allowed Barbey Douglas to confirm his guess.

Sighing at the shrewdness of this old man who has spent half his life in the American elite, Guo Shouyun nodded.

I once signed a gambling agreement with Goldman Sachs, Morgan, Citi and Bank of America! The specifics of the agreement cannot be disclosed to you because of the non-disclosure agreement.

Balbey Douglas nodded, Apple Pacific Southern California, and those companies we acquired before, plus the current Southern Company, the reason why all acquisitions went so well, is Goldman Sachs, Morgan, Citi and Bank of America behind the scenes?

And An Ran! They also do a lot! Guo Shouyun said.

You are in a very dangerous situation now! Barber Douglas said with a serious look.

After more than ten years in the positions of chairman and ceyi of the Pacific Power and Gas Company, and often dealing with Wall Street, he is all too aware of the appetite of those greedy financial giants. To get them to do their best to help, it is necessary to pay several times the fair price.

It's a bit dangerous, but at the moment, I have more chances to win. After a pause, looking at the old man who was still frowning, Guo Shouyun patted his arm with a smile, relax, Barbey! In fact, even if I lose the Pan Pacific Phoenix, Google, LinkedIn, Matrix, Kuo, and all other companies, as long as I can still write books, I will still be a billionaire. Winning or losing the game has no impact on my life, what really affects is the height I have reached in my career!

It looks like you are ready for it!

Of course! Guo Shouyun nodded. From the very beginning, I knew what the worst outcome I could accept was. Based on this, when faced with the enormous pressure of Enron, Goldman Sachs, Morgan, Citigroup and Bank of America, I was more able to deal with it calmly and avoid making wrong decisions because of emotional mistakes as much as possible.

Clearly nodded ~www.wuxiaspot.com~ Barbey Douglas smiled and said: I feel that you are more like making a concentrated investment portfolio. The Pan Pacific LinkedIn Matrix Phoenix Google Apple Ruby Kuo constitutes a portfolio of value investments with different risks and different industries. You decide where to position each company based on the opportunities that arise in the market. And your copyright income from writing is your margin of safety. As long as you don't threaten this margin of safety, you can operate freely within the risk you can afford! Even if it seems, the risk index of many of these operations is astonishingly high!

After listening to this statement, Guo Shouyun froze for a moment, then nodded with a smile.

It's slightly different, but that's basically what it means!

call!

Barbey Douglas let out a long sigh in Guo Shouyun's surprised eyes.

I understand what you really think in your heart, and I also know what to do next! For the acquisition of Southern Company, I will speed up the pace, and for the acquisition of Enron, if you feel safe, I vote for it! After a pause, Barbey smiled. Although I am old, I still want to go crazy at the end of my career.

Haha, Buffett is 71 years old and has never thought about retirement. You are five years younger than him, so you should continue to forge ahead in your career.

I'm not like that old guy who gleamed when he mentioned investing.

do you know?

Well, after meeting at a charity fundraiser organized by the Ministry of Finance in 1996, we have been in touch.

Yeah? Then you can help me introduce it. For his value investing theory, I have long wanted to ask him personally!

This is easy. I think he would love to communicate with a young genius like you too!

The two people talking, gradually disappeared at the corner of the stairs.

Please remember this book's first domain name: . Miaoshuwu mobile version reading website: