Rebirth of the Strongest Tycoon

Tiger Fund, Bridgewater Fund, and Polaris Capital are all in action. Xia Yu is not doing nothing, but diving into the New York Stock Exchange and continuing to study stocks, hoping to discover one or even several future super gold stocks.

"Under the leadership of CEO Byrne, the company's insurance claims costs in the first quarter decreased by 5% year-on-year, and it is expected to get out of the quagmire..."

On the New York Stock Exchange, Xia Yu sat in a chair and flipped through today's edition of The Wall Street Journal. In a corner of the sub-page, a piece of news caught his attention.

"Company? It's this company? Has it started to get out of the quagmire now?"

Xia Yu's eyes narrowed and he looked down carefully.

After a long time, he closed his eyes and pondered, thinking about everything about the company.

Then I saw him open his eyes and quickly got up to look for all the news about the company on the New York Stock Exchange, especially shareholder information.

The New York Stock Exchange is the best place to collect information. The New York Stock Exchange itself will keep the information of each listed company and make it public.

So it didn't take long for Xia Yu to collect the company's information. Looking at the shareholder information above, a gleam of light flashed in his eyes, and a secret thought in his heart was sure.

I saw that on the list of major shareholders, in the position of the second largest shareholder, there was a company that was famous in the future, Berkshire Hathaway.

The shareholding ratio is 27.3%!

Immediately afterwards, he collected Berkshire Hathaway's information again, trying to make a more accurate judgment.

The next morning, he had collected all the information from the two companies, and he sat in his office, frowning in thought.

Needless to say, Berkshire Hathaway, the company in charge of Warren Buffett, has a market value of more than 500 billion US dollars in later generations, ranking among the top five in the world, a proper financial empire.

But now, Berkshire Hathaway has not transformed, just a company with a market value of $270 million.

Last year, Berkshire Hathaway's operating profit was just $34 million.

But this profit is already the highest profit ever from Berkshire Hathaway.

It is precisely because of last year's explosive profits that Berkshire Hathaway's market value has risen by 110% throughout the year.

That is to say, at the beginning of last year, Berkshire Hathaway's market value was just over $100 million.

However, even today's market value of 270 million US dollars is quite low. Thinking about the market value of more than 500 billion US dollars in later generations, the gap is nearly 2,000 times!

What's more, Berkshire Hathaway's stock has never been split until later generations, and the potential value of each share now is staggering.

Thinking of the future Berkshire Hathaway's share price of more than 300,000 US dollars per share, and comparing it with today's share price of several hundred US dollars, Xia Yu couldn't help feeling filled with emotion.

Of course, Xia Yu, who has memories of later generations, is very clear that Berkshire Hathaway's high market value is due to Warren Buffett's ultra-smart investment, and it is Berkshire Hathaway's investment and annexation of companies. A key step in the company's transformation.

The later Berkshire Hathaway is a giant in the insurance industry in the United States and even the world, and the foundation of all this comes from the company.

Speaking of which, we have to mention the glorious history of the company.

The company's full name is the Government Employees Insurance Company. It was founded in the 1940s and is mainly engaged in the auto insurance business of government employees. The fifth largest auto insurance company in the United States, with a market value of more than one billion US dollars at its peak!

It’s just that in 1976, Graham had already left the company and no longer held the position of chairman, and passed away that year. The company’s management made a series of mistakes in the evaluation of insurance claims costs, resulting in high claims costs for the company. The company fell into losses and was almost on the verge of bankruptcy.

At this time, Warren Buffett got his hands on it and began to intervene in the stock of companies that were bargain-hunting from the market.

Although Berkshire Hathaway is bargain hunting,

But the slender camel is bigger than the horse. After all, the company was one of the top auto insurance companies in the United States. Even if the company is on the verge of bankruptcy due to a sudden management error, it cannot hide its glorious past and profound heritage.

In 1976, Berkshire Hathaway's market value was less than $100 million, but the investment capital was even less. Where can you eat a company with a market value of several hundred million?

Therefore, only ants can eat meat, bit by bit, and in the past four years, they have gradually increased their stake to 27.3%!

And it is still growing further.

Warren Buffett will be eyeing the company, and Graham is inseparable.

Warren Buffett is a student of Graham, and Graham is a well-known securities analyst in the United States. When Buffett was a student, he adored Graham. As long as it is the stock held by Graham, he will go to invest.

In the 1950s, Warren Buffett visited Graham in the company, talked with him for four hours, and finally bought the company's stock with 10,000 US dollars, and made a profit of 50% in the second year. It's all sold.

Of course, Warren Buffett is qualified to visit Graham entirely because of his congressman's father, but this is rarely discussed in the autobiography of Buffett's rise, and the media rarely publicize it. Most people only know how to drink Chicken soup, where will you know the inevitable factors of Buffett's success.

When other children were just playing games, Buffett followed his father around Wall Street and received an elite education. The starting point was much higher than ordinary people. When he grew up, he could also use his father's contacts.

Having said that, now that the company's ZTE person, Byrne, has taken office, it is a foregone conclusion that the company will get out of the quagmire.

In later generations, the company became the second largest auto insurance company in the United States and the optimist of Berkshire Hathaway.

Berkshire Hathaway now owns only 27.3% of the shares, which is still low, but it is definitely increasing now and will hold 5% until 1995. Eleven stakes.

It then spent $2.3 billion to acquire the remaining 49 percent of the shares to complete the privatization.

Such an insurance company with great potential made Xia Yu tempted.

Of course, Berkshire Hathaway also made him tempted.

If you buy the shares of Berkshire Hathaway now and become a major shareholder, you can fully enjoy the blessings brought by the acquisition.

But after thinking about it carefully, Xia Yu decided to grab the company.

It is rare to encounter such an insurance company that has not yet emerged and has apparently been abandoned by a large consortium.

He needs a strong financial pillar in the United States, banks need it, securities companies need it, and of course insurance companies can't live without it.

As for the lack of companies, will Berkshire Hathaway rise and fail?

Xia Yu is not worried at all about this. The key to the rise of Berkshire Hathaway lies in Warren Buffett's ability. As long as he is still the chairman of the board one day, then Berkshire Hathaway will not be able to. Will definitely rise.

It's just that the road to rise will definitely be different from the previous life, and the height of rise will also be different.

After making up his mind, Xia Yu immediately acted, recruiting some people to form two acquisition groups, and began to absorb Berkshire Hathaway and the company's stock.

At the same time, he also gave Peter Lynch time to go to Merrill Lynch.

The reason why I found Merrill Lynch was because Merrill Lynch held 12% of the company's shares, but it downgraded the company's rating, obviously not optimistic about it.

So as long as the price is in place, Merrill Lynch is absolutely happy to sell its 12 percent stake to Polaris Capital.

Merrill Lynch is a giant on Wall Street, allowing it to acquire and privatize companies, with a very high success rate.

Considering the entrusted acquisition business, Merrill Lynch readily sold its stake to Polaris Capital at a premium of only 10%!

The company is the equity that Warren Buffett has been watching, and it is natural to attach great importance to it.

When Merrill Lynch came to buy it, he was stunned, and a strong sense of urgency rose in his heart.

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