Reborn as a tycoon in Hong Kong
Chapter 467 First meeting the stock god
New York, Hilton Hotel.
Tonight, Goldman Sachs hosted a dinner here. The main guests invited were Lin Baicheng and the management of the relevant institutions that purchased shares of Galaxy Games. In addition, of course, there were also some well-known figures on Wall Street and the financial circle.
This is a dinner party where everyone gets to know each other.
"Alan, let me introduce to you. This is the manager of the New York Police Retirement Fund. This is the manager of the Norman Trust Fund. This is."
Wade Thomas introduced Lin Baicheng to the relevant persons in charge of the cooperative organizations. Without his help, Lin Baicheng would not know many people at all.
"Alan, it's a pleasure to work with you. I believe this will be a good start."
Although the arcade "1942" just started trial operation yesterday, each organization has its own investigation channels, so it is known that the arcade machine performed well at the beginning, and whether it is good or not will be confirmed in the next few days.
Since the current market response to arcade machines is not bad, then of course everyone's attitude towards Lin Baicheng is not bad either.
"I also believe this will be a good start. I am very confident about game development. Therefore, the arcade machines produced by Galaxy Games will definitely be welcomed by the market, bring a lot of profits to the company, and bring high returns to all shareholders. .”
Lin Baicheng raised his glass and said, Americans don't like to be modest, so he looked confident.
With Lin Baicheng's performance, these Americans not only did not think Lin Baicheng was arrogant, but instead thought that Lin Baicheng was a sign of confidence, and they were very satisfied with it.
The reason is very simple. If even the big boss of the company has no confidence in his company and products, how can he make small shareholders like them have confidence? Therefore, bosses who are not confident are usually not favored.
Lin Baicheng chatted with the management of these institutions and got to know each other well. There was no harm in getting closer to each other after all.
Wade Thomas has not always been by Lin Baicheng's side. He also has his own personal connections to move around and wants to get to know more people.
"Alan, let me introduce someone to you."
Time passed unconsciously, and Wade Thomas came over with a middle-aged and elderly man.
“Stock God Buffett!”
As soon as he saw the person walking with Wade Thomas, Lin Baicheng immediately recognized him. He was not the young stock god Warren Buffett. However, Warren Buffett, who was born in 30 years ago, is not too young. He is nearly 50 years old this year.
"Alan, let me introduce to you. This is Warren Buffett of Berkshire Hathaway. He is a well-known investor and is very famous in the industry."
At this moment, Warren Buffett is not a stock god, and he has not grown to that level, but he has already become very famous in the field of financial investment, and the assets under his management continue to increase in value.
"Mr. Buffett, this is Allen from Hong Kong, the chairman of many companies. Now the Galaxy Games Company he founded in 1977 is about to be listed on the US stock market."
"Hello, Mr. Buffett, nice to meet you."
Lin Baicheng said and stretched out his hand. No matter what, it is a joy to be able to get to know the future stock god.
"Nice to meet you too, Mr. Allen."
Warren Buffett shook hands with Lin Baicheng. He had a relatively good understanding of the young man's fortune history and asset size, and he was a friend worth making.
Lin Baicheng said: "Mr. Buffett, would you mind telling me about your investment?"
"Of course no problem."
Warren Buffett smiled and nodded. He wouldn't mind having another investor like Lin Baicheng who entrusted him with funds, nor would he refuse Lin Baicheng's funds.
"in my opinion."
Lin Baicheng listened carefully and nodded from time to time. Sure enough, it was the same as what he saw on the Internet before his rebirth. Warren Buffett's philosophy is not to participate in short selling, and to hold a company for the long term after being optimistic about it, not to make short-term differences, etc.
Because it was a dinner party, Warren Buffett didn't go into too much detail, but just gave a general outline.
"Mr. Buffett, I wonder if you will accept entrusted funds now? I want to hand over 10 million US dollars to you for management."
The reason why Lin Baicheng did this was mainly to diversify investment risks, and Warren Buffett's return on investment is indeed very high over a long period of time, so you can't lose money by investing in Warren Buffett.
"Thank you for your trust, Mr. Allen."
Warren Buffett smiled and agreed. It didn't hurt him at all. He had no reason to refuse.
The two have only reached an agreement verbally, and a contract needs to be signed to implement it.
"Mr. Allen, could you tell me about Galaxy Games' development plan after it goes public?"
Warren Buffett asked aloud. Although he was not one of the institutions that bought shares from Lin Baicheng, he wanted to know how the boss Lin Baicheng planned to develop the company. There was no harm in hearing.
"It's not a secret, there's no problem."
Lin Baicheng smiled and nodded, and said: "After the company is successfully listed, I plan to use part of the funds raised as research and development funds for arcade hardware to develop models that are more convenient for players to play games, and at the same time expand the game software. We will increase the scale of research and development and develop several more games every year to strive to create greater profits for the company."
Warren Buffett couldn't help but said: "Mr. Allen, what about channels? Don't you think it's a bit bad that Galaxy Games' channels are now in the hands of channel dealers?"
"Channels will also expand, but the company will not operate its own game arcades. At the same time, it will still choose to cooperate with channel providers, but the cooperation will be more detailed."
Lin Baicheng shook his head as he spoke: "Galaxy Games is positioned as an arcade game R\u0026D company. If we invest too much in heavy assets for expansion, a bad move will affect the company's main business."
"That's true."
Although Warren Buffett disagreed a little in his heart, he did not say it out loud because he was not a shareholder of Galaxy Games, nor was he a partner, so there was no need to say too much.
The two continued chatting, and Lin Baicheng asked Warren Buffett for his views on the video game industry. Warren Buffett said that the industry is developing well now, and I believe it will not be bad in the next few years, but he extended the time to five years. Years or even more than ten years later, he would not be able to judge.
After hearing this, Lin Baicheng couldn't help but feel that Warren Buffett was talking nonsense, because the current prosperity of the video game industry is good. Even if the industry were to decline, it would not be over immediately. It would be struggling for two or three years, so Warren Buffett Buffett said it but didn't say it.
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