American Fortune Life
Chapter 1401: Whoever stops me from giving money, I'm in a hurry!
“Al, I know what you're worried about, but regardless of outside questions and media outcry, my Freedom City Investment Corporation and Gaia Corporation are not the losers on Wall Street.
At the end of this year, dividends will be paid as usual, and the percentage of dividends I promised will not change, which everyone deserves! ”
In the office of Chairman Starbucks, the boss chair leaned slightly against the desk, and Andy leaned in a comfortable position against the back of the boss chair, looking at the five video windows split out on the computer screen, the tone of which was unquestionable.
“Bang-bang--”
“Long live the boss... ”
There was a noisy cheer and a very warm applause in the speaker beside the desk, watching the subordinates in New York headquarters and London, Tokyo, and the various branches of the Devil's Guild excited, Andy's mouth slightly raised, and Tian was delighted with his subordinates' kneeling.
For Wall Street, "pay no credit” is the only rule, and as long as it brings profits to the company, it's natural to reward people well.
Though it may cost hundreds of millions, or nearly a billion, of year-end dividends this time, it's better than paying the tax honestly to the US government!
As for Alvitelli's fears, such as the recent media, politicians and the public criticized the end-of-year dividend on Wall Street, saying that "U.S. taxpayers do not want to see their money thrown into a fire pit, and the government took hundreds of billions of dollars from taxpayers to save Wall Street.” Cloud clouds and other criticisms, go to hell!
“Let those criticisms go to hell!” When the guys in the video conference calm down, Andy says what he thinks: "John Mike of Stanley, MG, gave up the year-end dividend. That's right.
Not only was Stanley merged, he lost a lot, his performance slipped, he had no face to take a dividend, he knew it, it wasn't his festival. And Blackfein of Goldman Sachs, for them, is not even talking about how much dividends will be paid at the end of the year, and they should never ask for a personal bonus while the company receives government help.
We don't rely on the government to save us. No one can talk about us! ”
All the subordinates in several video windows nodded with joy. They made money for the boss because of their abilities. The boss had to avoid the loss of the company's elite, and distributing year-end dividends was inevitable. Otherwise, the brain drain would be fatal for any institution.
“In fact, so much criticism arose about the dividend at the end of this year, mainly because Cern, CEO of Merrill Forest Securities, which has become a subsidiary of Bank of America, remembered his year-end awards.
Thane suggested to the company's board that the company should pay him a $10 million bonus in view of his timely sale of the company to the Bank of America, and that the meeting was stabbed by the Wall Street Journal at the end of the day, which provoked anger and criticism. ”
Alvitelli explained with a smile on his face that, of course, Alvitelli would not be able to match the bonus, but there had been some concern before, after all, that if the boss were to pay as promised, the bonus distribution at the end of this year would be very eye-catching for Free City Investment Company and Gaia Investment Company, which would inevitably lead to some accusations and criticisms.
“Haha, this guy is also in bad luck, I believe this is such a mess, Merrill Forest's compensation committee would certainly refuse his request, it should have been, now it's not working, I'm afraid he wants to blow up the heart of the Wall Street Journal... “
Andy shook his head and laughed, undoubtedly, this Merrill Lynch CEO was making his own people get shady.
“Bud, today's stock market is climbing sharply. How's our earnings? ”
Badstone heard from Big BOSS about the recent harvest and shook his head with a smile: "Although he has been making money, the gains have not been satisfactory, and today's rise has been spurred by news such as the economic recovery plan thrown out by President-elect O'Blackbull and the likelihood that the automotive industry giant will receive assistance from the United States Government.
Now that the stock has entered a period of madness, there is no discipline, and a little rumor and news can make a huge difference. After years of crisis, it is very difficult to judge the value of a company's stock and value investment has become the subject of current market debate. ”
“Oh, it looks like most market investors still have respect for the" stock god, "even though he lost a lot of money following him.” Andy laughed softly and raised his mouth slightly, revealing a faint smile.
“With all due respect, after all, his theory of value investment has been popular for many years, but Goldman Sachs' preferred shares were purchased over $100, and Goldman Sachs' shares fell to nearly $50 a share in the following month or so.
If these investors in the market truly believe in Buffett's judgment, they should buy Goldman Sachs shares now for a 50% discount.
But the opposite is true now, and investors are sceptical about Goldman Sachs' profitability. Even though the current static market earnings are less than five times higher, investors are afraid to buy shares and hold them for long periods of time, given the uncertain future profitability. ”
Alvitelli naturally knows that since Buffett almost publicly accused his boss of emptying General Electric, causing GE to stigmatize xing as a fairy stock, the relationship between the two has dropped to freezing point.
It has to be said, however, that Buffett is Buffett, who is trying to see his jokes. I'm afraid it's hard, and decades of cumulative power and success, the status and influence of the stock gods, are hard to shake, and it's unwise to fight them.
Of course, Andy is also naturally well aware that, in previous generations, the world's media had lost a lot of money in the economic crisis, but the other side was still the top three in the annual list of Forbes millionaires, even pushing Bill Gates to be the first in many years.
Inside, there can be good and bad, but this disgust cannot be used as a basis for his existence. Although he and Buffett are somewhat apart, Andy still sends an invitation to the engagement party.
Kids are right and wrong, adults only look at pros and cons!
“Indeed, the main cause of disorientation in investment judgement is uncertainty about the overall economic outlook.” Budstone has begun to express his views and hopes to take advantage of the opportunity for all financiers to participate in the discussion.
“Fundamentally, business development profitability depends on market demand, and if there is no demand in the market, there is naturally no room for profitability.
Since the onset of the financial crisis, American ordinary investors have suffered heavy losses, with the economic crisis worsening, massive downsizing of businesses, rising unemployment, a severe blow to consumer confidence and a marked contraction in market demand.
Currently, a large number of businesses are hit, with the exception of Volkswagen Commodity Marketing firms such as Wal-Mart and McDonald's, which were able to sustain growth during the crisis.
Equity prices are now in the process of being realigned, and whether prices are high or low depends on the scope for future business development. For value investors, it is most difficult to judge whether a business can return to normal profitability levels after the crisis has passed.
Boss, if the financial storm can end in the first half of next year, should we now set up a data analysis tracking group of listed companies to screen for outstanding listed companies, prepare in advance, and invest on the bottom? ”
Andy Shu frowned and nodded in agreement: "It's time to investigate the layout ahead of time. This is up to you, Freedom City, all right, Bud? ”
“No, we are very well staffed now.” Badstone did this without hesitation.
You know, when Badstone and Alvitelli took over bankrupt Lehman's financial business, they each took out a lot of elite talent, and with the massive downsizing of Wall Street, Freedom City and Gaia's company were all experiencing a rapid expansion, long gone from being a dozen small fish companies.