My Age of Investment
One thousand three hundred and thirteen, asset cutting
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Although Larry Ellison's shareholding in Oracle is much higher than Jobs's shareholding in Wisdom Fruit, he has not escaped the same fate as his old friend.
Under tremendous pressure from public opinion, Larry Ellison reluctantly took a step back and announced his resignation as CEO.
But Larry Ellison refused to apologize.
Jobs didn't apologize to the Chinese and Chinese-Americans at the beginning, so why should he apologize to Indians and Indian-Americans?
Larry Ellison is very arrogant at heart, unwilling to give in on this, and does not believe that the Indians can do anything to him.
He no longer paid attention to the demonstrations by Indians and the prosecutions of related organizations, and threw all the mess to his successor. Then he patted his butt, boarded the yacht with his new girlfriend, and traveled to Europe.
After his trip was exposed by the media, it caused a new round of criticism.
But Larry Ellison seemed to have disappeared, without any response or appearance.
After learning the relevant news, Liu Hai ordered to close the network, close all short positions in Oracle, and report the results to Xia Jingxing.
"After the incident broke out, Oracle's stock price fell by 35%. We invested a total of US$3 billion in principal to establish a short position, making a profit of about US$1 billion."
Xia Jingxing nodded slightly and looked at the bangs on the screen with a smile on his face, "Not bad. Not only do I have enough money to buy a basketball team, but I also have enough money to buy a football team."
Liu Hai smiled and said: "Larry Ellison may even regret it this time."
Xia Jingxing stretched his body and said, "No matter what he thinks, I've already seen that grandson being unhappy anyway. I'm going to give him a small lesson this time, just to get rid of the bad anger in my chest."
Liu Hai smiled slightly and then asked Xia Jingxing about the arrangement of more than 30 billion US dollars of spare funds.
After acquiring East West Bank, Xia Jingxing still has nearly US$31.4 billion in funds.
After that, two new aircraft were ordered, a Gulfstream G550 and an Airbus A380.
Among them, the Gulfstream G550 was given to Ivanka, and the Airbus A380 was used for her own use.
The Airbus A380 is a double-decker, four-engine passenger aircraft and the passenger aircraft with the highest passenger capacity in the world.
When the highest density seating arrangement is adopted, it can carry 850 passengers. In a typical three-class configuration, such as first class-business-economy class arrangement, it can also carry 555 passengers.
But Xia Jingxing didn't need so many seats at all, so he made it clear when he placed the order with Airbus - private customization.
After modification and design, this behemoth in the sky will become Xia Jingxing's flying palace, with some living facilities installed on it, such as aerial swimming pools, elevators, concert halls, conference rooms, etc.
The decoration standard will never be lower than that of the oil tycoons, only higher.
As for the current Gulfstream G550, Xia Jingxing planned to give it to Kristina.
It’s not that she is stingy and reluctant to buy a new plane, but that the current plane was designed by Kristina herself and she is very satisfied.
The two newly ordered private jets cost approximately US$550 million.
It cost another $450 million to acquire the Golden State Warriors.
The two items added together are approximately equal to the money earned from Oracle.
Therefore, Xia Jingxing still holds US$31.4 billion in free funds.
Nowadays, the development funds of all its industries are abundant, and Xia Jingxing does not need any further capital injection in the short term.
This caused Xia Jingxing a little trouble, not knowing where to invest the huge sum of money he had.
This money is currently managed by Liu Hai, an absolute confidant, and the short selling of Oracle is also operated by Liu Hai and his team.
Xia Jingxing did not answer Liu Hai's question, but asked for his advice.
Liu Hai pondered for a few seconds and said with a wry smile: "To be honest, I don't know how to handle this money.
The amount is too huge, and it's all your personal funds. "
Xia Jingxing heard Liu Hai's worry, waved his hand and said, "Don't have any psychological baggage. Just manage this money how you managed client funds in the past."
The bangs didn’t speak, could the nature be the same?
If the customer's money is lost, it is lost.
If you lose your money, I won’t wipe my neck...
Xia Jingxing looked at Liu Hai's hesitant look and smiled, "What do you think about setting up a family office?"
Liu Hai asked back: "Separate from Vision Capital?"
"right!"
Xia Jingxing nodded heavily, "Isn't there a loud voice in the American political circles now? They are demanding that hedge funds be brought under supervision so as not to repeat the mistakes of the financial crisis.
Now that the financial crisis has slowly passed, the entire United States is reflecting and looking for fig leaves.
Hedge funds are a good scapegoat. They put all the responsibilities of the government and the public on hedge funds, and everything can be explained to them. "
Liu Hai understood and asked, "Do you want to use a family office to avoid supervision?"
Xia Jingxing grinned, "Yes, this way our investment operations can achieve a more concealed effect.
Otherwise, like this shorting of Oracle, after the relevant information is disclosed, it is likely to become a weapon for others to attack us. "
Liu Hai thought silently. As a close confidant of Xia Jingxing, he knew very well what Xia Jingxing was doing in the United States and also knew some of Xia Jingxing's taboos.
Sometimes, when there was an opportunity to gain greater profits, Xia Jingxing voluntarily gave up, or roped in spokespersons from other forces to get a share of the pie.
Be careful when sailing a thousand-year boat, this sentence is vividly reflected in Xia Jingxing.
Before he could speak, Xia Jingxing said: "Vision Capital's reputation is getting bigger and bigger, and its goals are getting bigger and bigger.
My funds can no longer be mixed in, there has to be some cutting. "
The reason why Xia Jingxing said "to a certain extent" instead of all, was mainly because of the S Fund.
Through the S Fund, Xia Jingxing hid part of his holdings in important companies such as Facebook and YouTube.
Chinese people are very particular about not revealing their wealth, and this principle also applies abroad.
If he doesn't get stolen, he's afraid of being missed. Facebook's IPO has been put back on the agenda, and he must make some arrangements in advance.
Liu Hai nodded and said: "In fact, it's better to cut it, so that Vision Capital will be purer and a money-making tool for American powerful people.
Any censorship in the future can be left to the powerful Americans to resist it.
We earn a "hard-earned fee", and most of it belongs to them, so they can't help but work hard. "
Xia Jingxing laughed loudly. It seemed that Liu Hai had figured out some of his thoughts.
The reason why he cut assets was because of this consideration.
This is actually a better way to preserve long-term capital and avoid being hit hard in the future.
Liu Hai said with a serious expression: "Wall Street has been very uneasy recently, and some congressmen have proposed severely punishing Wall Street!"
Xia Jingxing frowned. As soon as the financial crisis was over, were they busy starting liquidation?
In the past, Wall Street was not moved because the power of Wall Street was needed to stabilize the financial order.
"Goldman Sachs may have to face prosecution. They were too shrewd during this financial crisis, and too many people helped them shield themselves."
Liu Hai looked at Xia Jingxing on the other side of the screen and reminded: "We must keep a low profile during this period, and don't become a standout."
Xia Jingxing spread his hands, "Still keeping a low profile? Didn't I ask you and Jiang Ping to respond to Ao Guanhai's call to save the market?
How many U.S. stocks have we increased our holdings during this period? Do you have one or two billion US dollars?
You and Jiang Ping should be interviewed if you have nothing to do, and speak out in a high-profile manner. The United States does not pay attention to doing good deeds without leaving a name. "
Liu Hai chuckled. The only one who could talk about bargain hunting in such a fresh and refined manner is his own boss.
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