American Fortune Life

Chapter 1910: Insanity, It's Better Than an Old Fox!

Whether Jobs wants it or not, he will accompany Andy Smith and Schmidt to a press conference on the change in the board of directors of a publicly traded company when the board is over.

Journalists at the press conference were naturally noisy and excited about the appearance of the three big characters, and there was a brief riot on the scene, but it was soon replaced by constant flashes and a variety of questions.

Around Jobs' problems, nothing else, of course, is his health, and this scene, in addition to the enormous influence of Jobs, also shows the shadow of American CEO mysticism behind Jobs.

Due to the special nature of CEOs, any action they take in the open may have some impact on the company, and opacity has gradually become a norm for most CEOs in the United States.

In the United States Company Law, the CEO's responsibilities are primarily regulated through the company's internal by-laws, without a clear system and code of conduct. In corporate governance, however, most American companies do not have an independent supervisory board to oversee management, which often makes CEO mysticism a source of mismanagement and corruption.

What Jobs really means to Apple is the role of the soul. On the one hand, Jobs shaped Apple's distinctive character, making it a classic. On the other hand, Apple was also ups and downs because of Jobs' life.

Indeed, the confidentiality of Jobs' health may reduce risks for Apple to some extent. The non-public behaviour of the CEO may have an impact on safeguarding the interests of the company, but it is also a disenfranchisement of investors, which also conceals many corruption factors. There are many dangers to CEO mysticism. And that's why the current U.S. Securities Regulatory Commission investigation into Apple's board of directors actually demonstrates this concern.

More interestingly, at the end of June, Apple announced to the outside world that Jobs had returned to work at Apple headquarters, thought the market would react violently and share prices would rise, but face to face, the social and financial markets were so cold that Jobs was embarrassed. Perhaps because he's been gone too long, people are guessing or preparing for Apple's post-Jobs era!

Under the protection of the bodyguards, Andy broke out of the press blockade, got in the car and left the press conference site, and at this moment Andy was in a great mood, especially when he saw Jobs' frustrated and helpless expression, and Andy knew, and Jobs would eventually find a way to kick him out of the board.

However, Andy didn't care about the Apple board seat, and because of the competition between the Free City APP store and the Apple app store, his position as a director would not be stable, and he was very excited for Jobs to find a way to kick himself out so that he could really make Andy Smith famous and get back at Apple.

Over the next two days, Andy sat in town at INS and Mockingbird Games, dealing with matters that needed to be decided by his big boss himself, and boarded a plane to Los Angeles on August 2nd.

Andy, who was in a good mood, received an unhappy message after the plane landed in Los Angeles - the plan to buy the city ran into a competitor!

And this opponent, Andy's old acquaintance, Warren Buffett.

“Boss, our suction has attracted a lot of attention and tracking, and according to the information we have, Buffett is using his and Gates'" cartel ”network to wrap up good city companies from all sides. All of this seems to suggest that Buffett's Birkhill Hathaway may be targeting future acquisitions to this American warehouse supermarket leader. ”

Alvitelli was on the phone to update him on the latest plan to erode the stock of Good City, "we now own 6.2% of the stock of Good City, dispersed in five accounts, so we haven't had the idea of Good City Company yet, boss You have become the second largest shareholder of Good City.

Currently, Capital Research accounts for 7.77%, Bellard holds 5.7%, Pioneer Group holds 4.33%, and Berkshire in Warren Buffett holds 1% of the Good City Multi Shares.

But our in-depth study revealed a serious situation where Buffett, the co-chair of the Bill and Melinda Gates Foundation, William Gates, the father of Bill Gates, happens to be a member of the board of directors of the city.

And Buffett's old partner Charlie Mungo, vice president of Birkhill, also serves on the board of directors of Good City.

A similar relationship involves Susan Decker, who is a member of both the Berkshire Audit Committee and the Board of Directors of Good City. On the other hand, as Microsoft's former department chairman, Jeffrey Lex is now also a board member of Good City.

This relationship, which has intensified over the past decade, has received little attention. If, once Warren Buffett starts the acquisition plan, it should be outsourced among the four board members, there will be nothing for Good City to do and there will be no suspense about the acquisition! ”

“Dude, this old fox is so insidious and breathtaking, it's already dug up the board of directors of good city!” After listening to Alvitelli's debriefing, Andy opened his mouth and vomited with emotion, and he also admired Buffett, an old man, for his superior and heartfelt means of playing.

If Warren Buffett, the barbarian, were to take over the city maliciously, there would have been few boards of directors. If four people supported the takeover all at once, there would have been almost no possibility for the city multicompany to fight back and let the old fox slaughter it.

But now that this old guy is hunting with him, Andy is a little pissed off, but a little helpless. This old fox layout is too deep to dig, and once it starts, it really doesn't give anyone else a chance.

Wait... No, it's not!

Andy's eyebrows wrinkled tightly, then closed his eyes and began to spin his brain at the speed of communication, recalling the financial fragments of the past. As time passed, the Alvitelli on the other side of the phone did not interrupt, but waited quietly for the boss to open his mouth, and Andy's mouth slowly rose and his eyebrows slowly expanded.

“He doesn't have that much money!” Andy opened his eyes and said brightly, "Good City should be an alternative target in his elephant hunt, he didn't buy the funds of both big companies at the same time! ”

“The boss, Mungo, is a director and knows a lot about good city business. Much of Buffett's cash may have to be used to acquire Good City. But Birkhill could issue new shares, and now, according to the information we have, Buffett has at least $30 billion in cash, which should be a similar M&A target being sought. ”

“Oh, yeah, he's searching for a merger and acquisition target, and I also said," Good City is probably just one of his alternative targets, right, Al, isn't there a railroad company called Burlington or something? "” Andy smiled softly and finally asked slightly frowned.

“Isn't it Burlington North Santa Fe Railway Transport? ”

“Yes, this is the company, from now on, to buy its stock quietly, spread out into 100 accounts, be careful not to be targeted!” Andy's eyes sparkled with thieves' light, licking Chun's mouth.

“Boss, you mean Warren Buffett's M&A target would be...?” Alvitelli was a little overwhelmed, but he confirmed that after all, he didn't hear much wind, and he was a little confused as to why his boss was so sure.

“Yes, I have 70% certainty that he will acquire the railway company, but for the sake of safety, I will add a fire and let him die to acquire a good choice for the city, so that we can buy a billion dollars just in case. ”

Andy also can't confirm whether Buffett, the old fox, will change the gossip, change the acquisition target, which is supposed to be a hitchhiking money-making opportunity, and he won't be able to bet as hard as before. Besides, if he invests more money, it will inevitably cause the railroad company's stock price to move BO, and maybe it will really change Buffett's gossip.

“Well, I'll arrange for someone to buy shares in Burlington North Santa Fe Railway, 100 accounts, $1 billion.” Alvitelli, though suspicious, as the boss ordered, could only agree first, and then he was asking the think-tank to do an analytical study of the railway company, and if something went wrong, he would give it back to the boss and terminate the buying program.

“Well, by the way, you pass me a copy of the Buffett layout. I'll use it!” Andy's eyes smiled slightly.