A Day In a Japanese Fishing Village
Chapter 510: talk about consortium
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As Henry Morgan said, the start and current rapid development of Minamiye Bank are inseparable from several of his companies. The first is car loans, and real estate loans have brought a lot of business to Nanye Bank. Then the rest of Sony, etc. are also constantly pulling business to Nanye Bank.
Anyway, they are now tied to the same chariot, and this way of development is indeed very fast.
"I'm very optimistic about you. I believe your bank should grow into a big bank in the next few years." Henry Morgan praised Shuichi Minano without hesitation.
"Thank you." Minami Shuichi smiled.
After chatting about Minamino Shuichi and Henry Morgan, they talked about the history of the Morgan family.
I am very interested in this Minamino Shuichi!
After all, the Morgan consortium is extremely successful now, and he also intends to set up a consortium of his own in the future. He thinks that he can listen carefully to the history of the Morgan family, and also learn some of the operation methods of the consortium.
On topics like this, if he hadn't been the son-in-law of the Morgan family, they wouldn't have told him these histories!
In his memory, he knew one of the ten major financial groups of the Morgan family. Formed at the end of the 19th century and the beginning of the 20th century, it was a monopoly capital consortium that dominated the economy of the US imperialists. Founder J. P. Morgan in his father J. S. On the basis of Morgan's assets, he co-founded Drexel-Morgan in 1871, engaged in banking business such as investment and credit.
It can be seen from this that the Morgan consortium is also the first step to start a bank. If the bank is successful, it will have huge funds, and then everything will remain simple and convenient? This is also the reason why Shuichi Minano wanted to form Minami Bank a few years ago!
In 1912, the Morgan consortium controlled 13 financial institutions with total assets of 3.04 billion US dollars. Among them, Morgan was the most powerful and dominated the US imperial financial world. The financial boss of Wall Street called Morgan "the banker's bank". Family". In the First World War, the Morgan consortium made a fortune, and after the war, with its strong financial capital, it penetrated into various sectors of the national economy; in the 1930s, the total assets of the large banks and large enterprises controlled by the Morgan consortium accounted for the total assets of the eight major consortiums of the United States at that time. above 50.
"Nano, you are doing very well so far. Your bank already has a preliminary scale. When your bank has a certain amount of capital, you can choose to invest and enter other industries. You should never rest on your laurels, you Have the courage to invest in other industries." Henry Morgan spoke earnestly to Hideo Minami.
"Well, I know that finance is the foundation of a consortium! Then turn finance into real estate, and also invest in different industries into industry. This is also very important." Minami nodded slightly. Being guided by his father-in-law, some audiences were still shocked.
"right!"
"I think I will design more industries after I have capital in the future. I am mainly interested in emerging industries. I believe that future industries are inseparable from science, so I am very optimistic about emerging industries." Minami Hideyoshi said.
"Well, I also agree with your point of view very much. Now technology is more and more developed, and new industries are emerging every day. Look at Rocky, don't look at him usually being a fool. But he looks at more than 100 companies a year. Once When we see a suitable one, we will acquire it and inject capital into development!”
"Yes." Minamino Shuichi nodded in agreement. He would not agree if petroleum, mineral energy, military industry, real estate, heavy manufacturing, etc. are the most profitable industries these days.
He feels that businesses with quick capital turnover are the most profitable. In other words, if your capital turnover is faster than others in the same industry, you will be the most profitable.
For example, once you are engaged in a certain industry, the target customer group is fixed. At this time, the core question that you think about day and night and regard it as important to life should be: how to sell things faster? Because once a week, you can achieve the fundamental purpose of business operation - making money. The faster you turn around, the more money you make.
So he feels that the future era belongs to: "transfer = earning", which is the most important business feature of the future era.
As a traveler, Minami Shuuichi will become a profitable industry in many emerging industries in the future history, such as calculator development industry, communication industry, electrical industry and so on.
"It seems that after I accumulate a certain amount of funds, I will enter these industries or start these industries myself!" Minami Hideyoshi secretly thought. If he can, he can also choose to enter the aerospace technology. It is not a bad idea.
The other is arms, which is also a very profitable industry. But now it's all about his strength. Not there yet!
After an afternoon chat, Minano Shuichi learned a lot of business experience from Henry Morgan, also recognized the development history of the Morgan family, and combined with his deviance of history to see how the Morgan family resolved one crisis after another. .
He knew that due to the intensifying competition among the consortiums and the fact that other consortiums all took the Morgan consortium as the main target of their attack, their strength and status were relatively declining. The Morgan consortium was once surpassed by the Rockefeller consortium. In order to salvage the decline, it has taken various measures. In terms of finance, we will use our solid financial foundation to expand our strength. In terms of industry, it has actively explored new technology industries. Since the 1960s, it has jumped to the first place in the process sectors such as electronic computers, high-speed copiers and micro-films. The International Business Machines Corporation, which the consortium belongs to, is the largest company producing electronic computers in the world. The consortium has also made great progress in the industries of electrical equipment, power equipment and atomic energy equipment. In the arms industry, General Electric, General Dynamics and Grumman Aircraft, controlled by the Morgan consortium, are among the largest arms contractors of the U.S. Department of Defense. By the late 1970s, the Morgan consortium's trust assets had grown rapidly, greatly surpassing other consortiums. With the rise of advanced technology industries such as electronic computers, the economic strength of the consortium had doubled. The Morgan consortium surpasses the Rockefeller consortium in terms of the number of companies it controls and the assets it owns.
These strategies are estimated to be developed by Henry Morgan in the future, and maybe Loki will also have his ideas. Anyway, he knew that the next twenty years would definitely be the father and son of Henry and Loki who would control the general direction of the Morgan family.
"This thigh must be hugged well, maybe there will be a lot of soup to drink in the future." Nanye Xiuyi smiled cheaply.
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