Reborn Capital Empire

Chapter 272: Investing from Buffett

Chapter 272 Investment from Buffett

Guo Shouyun finished his breakfast quickly, reviewed what he needed to do today, and started to get busy.

At about 9:30 in the morning, Warren Buffett and Charlie Munger, two guests who are valued by Guo Shouyun, let him temporarily get away from the busyness.

"Mr. Buffett, Mr. Munger, welcome!"

"thanks!"

"You two, please sit down!"

After a simple handshake, Guo Shouyun greeted the two and sat down on the sofa in the living room.

"Mr. Buffett, I have Coke here!"

Buffett smiled. All Americans know he loves Coke.

"No, just like what you Chinese people say, 'do as the locals do', I'll drink tea with you too!"

Guo Shouyun nodded, "Mr. Munger, how about you?"

"me too!"

"Wendy, make a pot of Biluochun!"

The latter nodded, turned and left.

"Mr. Buffett, Mr. Munger, I've heard the names of the two for a long time, and I always wanted to visit, but I couldn't find the time. I originally thought that I would wait for the busy period and let Mr. Lu Simie introduce us to know each other. I didn't expect the two It was an honor to visit early!”

"Mr. Guo, you're welcome! You don't think we've taken the liberty of being very good!" Charlie Munger said.

"Hehe, Mr. Munger is serious. How could I take the liberty of two distinguished guests that no one can invite!"

"Boss, Mr. Buffett, Mr. Munger, tea is ready!" Wendy walked over and said.

"You two, come and have a taste, this is the top green tea Biluochun I ordered from Huaxia!"

Buffett and Munger nodded, and the three took their teacups and took a sip.

"Sure enough, but it feels a little sweet, have you put sugar?" Buffett asked in surprise. He knows that Chinese people drink tea without sugar.

"I was afraid that the two of you couldn't get used to the bitter taste of tea, so I put some red dates in it!"

"I see! But it tastes good!"

"You two are satisfied!"

After the three of them took a sip of the tea in their cups, Buffett and Munger looked at each other, and after a simple exchange, they also planned to get to the point. After all, everyone's time is precious and cannot be wasted arbitrarily.

"Mr. Guo, can you talk about the Pan Pacific Energy Group?" Buffett said.

Guo Shouyun moved in his heart and nodded.

"certainly!"

"What is Mr. Guo's plan for the future of Pan Pacific Energy Group? I mean the business direction."

"We have discussed this at the very beginning of Pan Pacific Group's establishment. In the next ten years, Pan Pacific Group's business scope will revolve around the three main directions of energy, public utilities and energy trading!"

"Can I understand electricity production, gas and electricity services, and electricity and gas trading sites?" Buffett asked further.

"At present, yes, but it does not rule out the expansion of upstream and downstream business!"

"Mr. Guo means that transportation and natural gas production will be involved in the future?"

Guo Shouyun nodded, "The future of Pan Pacific Group is a comprehensive energy service company."

"Similar to Exxon Mobil or Chevron?" Charlie Munger said suddenly.

Guo Shouyun shook his head, "No, Pan Pacific Energy's focus has always been on public services and electricity, and production will be an important puzzle piece for the group. At present, even in the next ten years, energy, especially natural gas and oil production, are not ours. The focus of attention!"

"What about ten years later?"

After looking at the sharp-eyed Charlie Munger, Guo Shouyun smiled indifferently: "Ten years is a long time. As for what will happen in ten years, who knows. It depends on the situation!"

After listening, Buffett and Charlie Munger looked at each other, and the former said, "Mr. Guo, can we take a look at the current financial statements of Pan Pacific Energy Group?"

"Mr. Buffett is interested in us?"

"Of course!" After nodding without hesitation, "After a series of acquisitions, Pan Pacific Energy Group now owns nearly 40% of the electricity and natural gas users in the United States, far surpassing Duke Energy, which ranks second. , even more than the top five utilities combined except Pan Pacific itself. Although this can not be called a monopoly, it also constitutes a kind of strong business core. In addition, After a series of mergers and acquisitions, you also have a power production capacity of nearly 60,000 per megawatt hour, which is an excellent quality asset. Finally, building on these two assets, the energy transaction of the Pan Pacific Group There are more and more users of the website, which can be regarded as a good development. Therefore, on the whole, Pan Pacific Group is a high-quality company worth investing in!”

After listening, Guo Shouyun thought for a while, "Thank you Mr. Buffett for his affirmation of our company. However, Pan Pacific Energy Group is now carrying more than 50 billion US dollars in foreign debt, and we have suffered heavy losses in the previous California energy crisis. , In addition, there is still a lot of aging equipment in the company that needs to be updated. ... So I am curious, in such a situation, does Mr. Buffett still think we have investment value?"

"If I changed it before, investing in Pan Pacific Group would still make me a little skeptical. But after getting to know Mr. Guo, it has strengthened my investment confidence!" Buffett laughed.

"Oh, I'd love to hear about it!"

"First, the utilities and power industries are relatively closed and the competition is low. So, the performance is relatively stable. In fact, what Mr. Guo doesn't know is that if you hadn't acquired the Southern California and Pacific companies in the first place If so, I have a good chance of investing in them."

"So I should be glad I was one step ahead?"

"This is because Mr. Guo has more courage and boldness! At the beginning, I decided to invest in shares after the California energy crisis was over!" After a pause, "Second, Mr. Guo has unmatched talents in financial investment. To this day, I still remember the shocking 14.23 billion yuan last night. With this part of foreign capital investment, coupled with the return to normal profitability of Pan Pacific Energy Group itself, it can be said that its future is destined to be more brilliant than it is now.”

"Third, despite the continuous expansion of Fan Taiping Energy Group during this period, the structure and personnel have become more and more complex. But at the same time, I also noticed that you have been constantly changing the corporate management structure, eliminating unqualified employees, optimizing Corporate efficiency and cost reduction are all behaviors that successful companies should have. So, I plan to get the preferred stock of Pan Pacific Group before anyone else notices this opportunity!”

"... Is Mr. Guo still satisfied with my explanation?"

After thinking for a while, Guo Shouyun nodded.

"Mr. Buffett's answer was beyond my expectations."

"Does Mr. Guo agree with our Berkshire Hathaway investment?" Buffett asked immediately.

"With Berkshire Hathaway's reputation, if you're going to invest, I'm naturally willing. However, now that Pan Pacific Energy Group has been delisted. Coupled with this period of time we have been expanding, management The layer reforms have not stopped. So, there is no accurate number to assess the value of Pan Pacific Energy Group. So if Berkshire Hathaway wants to invest, it may wait until we stabilize a little bit. Row!"

Buffett and Charlie Munger frowned at the same time.

"Mr. Guo, nothing is as important as time. So, we don't mind waiting, but we need an accurate time!"

Munger's words represent the blackface he is singing in this negotiation. However, Guo Shouyun also understands the importance of time. After a brief consideration, "Two months, two months later, we will officially start financing negotiations!"

"Well, we can wait two months. ... Hope we can work with Mr. Guo!" Charlie Munger said.

"Of course, that's what I expected too!"

At this point, the official business is over. The three chatted casually, and stayed at Guo Shouyun's place to eat lunch together before they left ~www.wuxiaspot.com~ Boss, do you really want to introduce Berkshire Hathaway's investment? "Wendy, who was standing behind Guo Shouyun, frowned slightly.

"certainly!"

"However, we are not short of funds!"

"We're not short of money, but wouldn't it be better if more money came in? Besides, Berkshire Hathaway, represented by Buffett, is a purely financial investment that doesn't jeopardize our control over Pan Pacific. In this case, why should we push it out? Moreover, with Berkshire Hathaway's influence in the business community in the United States and even the world, its investment can greatly enhance investors' confidence in Pan Pacific Group. At that time , when we issued corporate bonds for financing, it was much easier than it is now." Guo Shouyun said with a smile.

In fact, there was one more thing he didn't say. Introducing Berkshire Hathaway's investment in the Pan Pacific Group, in addition to getting a sum of money to support the development of the business, can also find a political ally for itself. When necessary, as a collaborator, he can turn to Buffett and Charlie Munger for help.

"By the way, boss! Just received the news from Zhang Lei."

"Oh, what did he say?" Guo Shouyun's eyes lit up and he said quickly.

"He said that everything you explained has been done. At present, the entire account of the Mango Seeds Fund has prepared a spare fund of 850 million US dollars for you!"

Guo Shouyun nodded, "$850 million? It's pretty much what I expected!"

At present, the shares of Jianlibao Group, Country Garden, and even NetEase are of limited value. With some miscellaneous assets, it's not bad to be able to scrape together three or four billion dollars.

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