American Fortune Life

"Al, I know what you are worried about, but ignore the doubts from the outside world and the clamor from the media, my Liberty City Investment Company and Gaia are not the investment banks on Wall Street that have suffered heavy losses.

This year's year-end dividends will be distributed as usual, and the dividend ratio I promised will not change in any way. This is what everyone deserves! "

In the chairman's office of Starbucks, the boss's chair was slightly facing the desk. Andy leaned on the back of the boss's chair in a comfortable posture, looked at the five video windows separated on the computer screen, and said in an unquestionable tone.

"Papa--"

"Long live the boss..."

. . . . . .

Loud cheers and very warm applause sounded from the speakers beside the desk. Looking at the excitement of the subordinates in the New York headquarters and the various branches in London, Tokyo, and Shanghai, Andy raised his mouth slightly, He gladly accepts the kneeling of his subordinates.

For Wall Street, "recognize money but not people" is the only criterion. As long as employees who can bring profits to the company, they must be well rewarded.

Although this time may have to pay hundreds of millions, or even close to 1 billion US dollars in year-end dividends, it is better than paying taxes on the money honestly and giving it to the US government!

As for Alvetrie’s concerns, such as the media, politicians, and the public’s attacks on Wall Street’s investment bank year-end dividends recently, saying that “American taxpayers don’t want to see their money thrown into the fire pit. Hundreds of billions of dollars have been taken away from people..." Criticism like this, go to hell!

"Go to hell with those criticisms!" When the subordinates in the video conference calmed down, Andy said directly what he thought: "It's right for MG Stanley's John Mike to give up the year-end dividend.

Not only was Stanley merged, he suffered huge losses, and his performance declined. He didn't have the face to get dividends. He knew very well that this was not because of his high morals. And Goldman Sachs' Blankfein, for whom it's not a matter of how much year-end dividends they pay out at all, they shouldn't be claiming personal bonuses at the same time the company is receiving government bailouts.

We don't rely on government bailouts, no one can say anything about us! "

All the subordinates in the several video windows looked happy and nodded their heads in agreement. They made money for the boss by virtue of their skills. The boss wants to avoid the loss of the company's elite. Otherwise, brain drain will be fatal to any organization.

"Actually, the reason why the dividend at the end of this year has attracted so much criticism is mainly because the CEO of Merrill Lynch, which has become a subsidiary of Bank of America, has never forgotten his year-end bonus.

Thain suggested to the company's board of directors that since he sold the company to Bank of America at a good price in time, the company should pay him a bonus of 10 million U.S. dollars. After the meeting, he was stabbed out by the "Wall Street Journal", which attracted people's attention. anger and criticism. "

Alvetrie explained with a smile on his face, Al will naturally not be troubled by the bonus, but he has been a little worried before. After all, if the boss really wants to pay out as promised, then, at the end of this year, Liberty City Investment Company and The bonus distribution of Gaia Investment Company will be very enviable, and it will inevitably attract some accusations and attacks.

"Haha, this guy is out of luck. I believe Merrill Lynch's compensation committee will definitely reject his request after making such a fuss. He should have deserved it, but now it's gone. I'm afraid he wants to blow up the Wall Street Journal. . . . "

Andy shook his head and said with a smile, no doubt, the CEO of Merrill Lynch has let his own people down.

"Bud, the stock market is up today, how's our earnings?"

Bardstone heard the big BOSS asking about the recent harvest, and shook his head with a faint smile on his face: "Although I have been making money all the time, the income is not satisfactory. Today's increase is just a result of the election of the President-elect." The economic recovery plan thrown out by the black bull and the news that the auto industry giants are likely to receive US government assistance are likely to stimulate.

The current U.S. stock market has entered a period of madness, and there are no rules at all. A little rumor and news may lead to huge changes. After the entire economy has fallen into a crisis that has not been seen in many years, it is very difficult to judge the value of corporate stocks, and value investing has become a topic of debate in the current market. "

"Hehe, it seems that most market investors still have respect for the "Stock God", even though they lost a lot of money following him." Andy chuckled, the corners of his mouth slightly raised, revealing a faint sneer.

"Respect is all respect. After all, his set of value investment theory has had many fans over the years. However, the "stock god" bought Goldman Sachs' preferred stock at more than $100. In the following month or so, Goldman Sachs' stock It fell to a share close to the dollar.

If these investors in the market really believe in Buffett's judgment, they should buy Goldman Sachs shares now at a 50% discount.

But now the situation is just the opposite, investors are full of doubts about the profitability of Goldman Sachs. Even if the current static price-earnings ratio is less than 100 times, investors still dare not buy stocks and hold them for a long time considering the unknown future profitability. "

Alvetrie naturally knew that since Buffett almost publicly accused his big boss of shorting GE last time, causing GE to shamefully become a penny stock, the relationship between the two has dropped to a freezing point.

However, I have to say that Buffett is Buffett, and I am afraid it will be difficult to read his jokes. Moreover, with decades of power and success experience, the status and influence of stock gods are hard to shake. unwise.

Of course, Andy is also very clear about this point. In his previous life, the media from all over the world have hyped that Buffett suffered heavy losses in the economic crisis, but the other party is still ranked in the top three of the Forbes rich list every year, and even beat Bill Gate. Ci, who has been number one for many years.

He can have likes and dislikes in his heart, but he can't use this kind of disgust as the basis for his life. Although he and Buffett have some estrangements, Andy still sent invitations to the engagement reception.

Only children can tell right from wrong, adults only look at the pros and cons!

"Actually, the main reason for the loss of direction in investment judgment is the uncertainty of the overall economic outlook." Bardstone began to express his views, and also hoped to take this opportunity for all financial personnel to participate in the meeting to discuss.

"Fundamentally, the development and profitability of an enterprise depends on the demand of the market. If there is no demand in the market, the enterprise will naturally have no room for profit.

Since the outbreak of the financial crisis, ordinary investors in the United States have suffered heavy losses. As the economic crisis worsens, companies have laid off a large number of employees, the unemployment rate has continued to rise, consumer confidence has been severely hit, and market demand has shrunk significantly.

At present, except for Wal-Mart and McDonald's, which are able to maintain growth in the crisis, a large number of enterprises have been hit.

Now the stock price is in the process of readjustment. Whether the price level is high or low depends on the future development space of the company. For value investors, the most difficult thing is that they cannot judge whether the company can recover to Normal level of profitability.

Boss, if the financial turmoil can end in the first half of next year, should we set up a listed company data analysis and tracking team now to screen out outstanding listed companies, prepare in advance, and make bottom-hunting investments at that time? "

Andy Shu raised his brows, nodded in agreement and said: "It is indeed time to investigate the layout in advance. I will leave this matter to you in Liberty City, no problem, Bud."

"No, we have enough manpower now." Bardstone accepted the task without hesitation.

You know, when they took over the financial business of the bankrupt Lehman Corporation, Bardstone and Alvetrie unceremoniously poached many elite talents, coupled with the large-scale layoffs on Wall Street, Liberty City and Guyana The number of people in Asia's companies has ushered in a rapid expansion, and it is no longer a small company with a dozen small fish. 8) For more exciting novels, welcome to visit our Reading Academy