Global monopoly of technology

Chapter 197 [Layout Subprime Mortgage Crisis]

As the developer conference ended very smoothly, Luo Sheng did not really give himself a long vacation, but temporarily took away his energy from the two companies, because there are more important things to deal with next.

2007 is approaching and Luo Sheng can't wait anymore. Now it's the best mobile phone meeting. If you wait any longer, there will be no chance to harvest.

On Wednesday afternoon, Luo Sheng's office.

"Come in."

Luo Sheng responded and looked up.

Qin Weimu entered his office, stood in front of his desk, put down the stack of documents and materials in his arms, and said, "This is the material you want."

Luo Sheng picked up the materials and opened the list. After watching for more than ten minutes in silence, Qin Weimu naturally hugged his hands in front of him, and stared at the other party without saying a word.

She looks really unexpected in this pose...

However, Luo Sheng's attention was not on her at this time.

"Just these two, contact them as soon as possible. In addition, you go to prepare and go to New York with me in a few days."

Luo Shengshun took a pen and drew a tick on the two directories on the materials, namely Paulson hedge funds and heirloom hedge funds, both of which specialize in M&A arbitrage and event-driven investment.

Qin Weimu's beautiful eyes flashed, and he couldn't help but say: "Go in person? Are you afraid of revealing the source of funds?"

Luo Sheng said: "Of course I won't trade in person. This is not my specialty. It's just a meeting with the heads of these two funds. That's all."

Hearing what he said, Qin Weimu's doubts quickly dissipated, and it was no problem to meet the heads of the two funds.

It is also impossible for them to disclose information about their investors to the outside world. The sources of funds for these hedge funds are quite rich. Once the information is leaked without the consent of the investors, it is not necessary for them to mess around on Wall Street.

Because there will be no more investors, basically bid farewell to careers forever.

Especially the more influential big funds, such as Paulson hedge funds, in Luo Sheng’s previous life, the series of operations by its head since the subprime mortgage crisis once surpassed financial predators like Soros. .

He is not an ordinary person.

Qin Weimu couldn't help the curiosity in his heart, and looked at Luo Sheng and asked, "You should be able to tell me now, right? What are you going to do?

Luo Sheng tilted his head and stared at the pretty face in his line of sight: "A financial turmoil from North American subprime mortgage bonds as the fuse to sweep the world is inevitable."

Hearing this, Qin Weimu couldn't help being stunned for a while, and said, "When did you start studying financial bonds?"

Luo Sheng smiled and said, "Can you secretly do it?"

Hearing that Qin Weimu rolled his eyes and said thoughtfully after a while: "Since working with you, I have not paid much attention to the international financial market. I just occasionally read relevant news and listen to you. That said, I remembered that I had read an article on finance in the first half of the year. It shocked me. Subprime mortgages in the United States are crazy. Banks lend crazily, even in the name of pets. ."

Luo Sheng sighed: “Just like Buffett’s famous saying,'fear when others are greedy, be greedy when others are fearful.' When the collective greed and madness of the market feel the fear of the coming financial crisis, the bankers on Wall Street are now They mess around with mortgages on one hand, credit default swaps (CDS) on the other, and secretly engage in secured debt certificates (CDO). You can sell everything for money, and you can make money regardless of the gambling agreement, huh..."

When he said that, Luo Sheng got up from the desk, poured a glass of water on his own, and sat on the sofa beside him, looking at Qin Weimu's beautiful profile.

"Prepare to cash out. Cash out all the Bluestar Technology stocks held by the family fund. In addition, I will sell another 20 million shares...emmm or sell all your stocks too, so how about your value doubled? ?"

Qin Weimu leisurely turned around and sat down next to him, staring at the other person: "All? From an investment perspective, this is very irrational. What if you lose?"

It is worth mentioning that, in addition to holding the shares of Bluestar Technology Group, more than 95% of the assets under the name of Qin Weimu are under the name of the offshore family trust fund established for Luo Sheng. All the stocks of Bluestar Technology are cashed out and used to go short. In case of losing money, it will basically return to zero overnight.

Luo Sheng immediately sat in danger and watched Qin Weimu solemnly said: "It is impossible to lose, I personally pledge to mortgage it to you, if you really lose, you will pay me to you. The legendary man and wealth, or You can't make a loss in blood, right."

Upon hearing this, Qin Weimu glared at him irritably, "Don't follow me."

Luo Sheng is serious: "Actually, I don't like condoms either."

Qin Weimu: "..."

When Luo Sheng saw this, he quickly changed his words: "It's okay to stop making trouble. If you are serious, you can figure it out."

Qin Weimu didn't hesitate too much, and there were few unreasonable words: "Okay, I believe you, anyway, you have to pay me if you lose it. You said that, you are not allowed to go back, or else..."

Luo Sheng resolutely said: "Otherwise, the first person will pay you?"

Before he finished his words, he rushed towards the opponent, causing the beauty to change her pretty face slightly.

Luo Sheng smiled and looked at her and said, "What are you panicking? As the saying goes, the twisted melon is not sweet. Fortunately, I am not very thirsty, so I plan to keep the sweet ones. But what I am super curious about is that you are usually How to solve the problem in that respect? Or use a jumping ball or something..."

Before he finished speaking, Qin Weimu, who was already blushing and shy, grabbed a sofa pillow next to him and threw it towards Luo Sheng. The latter caught it quickly and quickly: "Well, it’s hard to see you look furious and frustrated. Didn't it come true and I said it?"

Putting it back in the past, Luo Sheng would certainly not be so presumptuous, but since taking away her first kiss early last year and having this kind of detached relationship, she has roughly figured out her character after getting along for so long.

In such a situation where there is no third person present, it will be fine to take advantage of the mouth, and even those who are greedy for a moment can take a risk.

"I do not have!"

Qin Weimu denied it immediately. Suddenly there was a feeling of getting darker and darker, and suddenly felt speechless.

However, the professionalism that she developed as a lawyer quickly calmed her down. After a while, after adjusting her mentality, Qin Weimu shook her indifferent face at Luo Sheng and turned her head away, with the words "unlike" on her face. I don't want to talk to you.

Luo Sheng coughed a few times and laughed: "It's okay, let's talk about the business and the business. Well, you should deal with it as soon as possible and throw the stock for cash."

After confirming that he was no longer playing hooligans, Qin Weimu paid attention to him again and talked a few words. Once the business was finished, she decisively left to avoid being violated by her again.

...

According to Luo Sheng's decision, Qin Weimu began to sell Bluestar Technology's stock to cash out to reserve cash.

The current market value of the world's top ten listed technology companies are:

Microsoft: $293.5 billion

Cisco: $166 billion

IBM: $149.7 billion

Blue Star: $134.9 billion

Google: $125.8 billion

Intel: $117.5 billion

Samsung: US$112.7 billion

Apple: $72.9 billion

Dell: $71.6 billion

Yahoo: $48.2 billion

In addition to the top ten listed technology giants in the global technology industry, there is another major technology giant Oracle that cannot be ignored. However, Oracle has not yet been listed, but its valuation has reached 88.7 billion US dollars.

Since the disclosure of the third quarter financial report of Bluestar Technology, the market value has risen again. Every financial report release will usher in a strong rise. The annual report will soon be released. Luo Sheng will not doubt that once the annual report is disclosed, it will definitely rise , Because he already knows the approximate revenue and profit and other data, but it is still under further audit.

But there was no time left for Luo Sheng.

In the next week, Luo Sheng, Qin Weimu and their offshore trust funds successively carried out large-scale cash outs.

The first is Luo Sheng. On October 15th, he sold 1.59% of his stock, a total of 21.78 million shares, and realized 2.14 billion US dollars at a price of 98.47 US dollars per share.

And Luo Sheng’s shareholding of Bluestar Technology Group has also been reduced from 27.53% to 25.94%. As the founder and helm of Bluestar Technology Group, the news of Luo Sheng’s cash out this time broke out, which immediately triggered market concerns. Great attention.

On the second day, the spokesperson on behalf of Luo Sheng held a temporary press conference and explained that the purpose of this cash out was to reorganize and optimize the allocation of personal assets, and within the sales restriction ratio, the company was operating in good health.

The subtext is: you people don't see wind or rain, the company is developing very well, brother will not cash in and run away with the sister-in-law.

In fact, Luo Sheng really wants to cash out and leave the market. In theory, he can throw it all away, because above the Bluestar Technology Group, there is also a limited partnership structure that 100% controls the Bluestar Technology Group. This limited partnership company It is equivalent to the parent company of Bluestar Technology Group, and the company will not be restricted by sales restrictions.

Everything is legal.

Given such an explanation, it can be regarded as a manifestation of being responsible to the market and the majority of small and medium investors, and it has not caused much negative effects.

Gates is also constantly selling his personal Microsoft shares. Some outside investors generally understand it as asset diversification. To put it down to the ground, it means not putting eggs in the same basket.

More professionally called hedging.

Then Qin Weimu sold off all the shares she personally held in Bluestar Technology, realizing US$1.75 billion, and all the assets in the family-style offshore trust fund pool such as Luo Sheng's were added up. , Qin Weimu is now worth 1.8 billion US dollars.

In the end, she cashed out the offshore fund's own shares of Bluestar Technology for $3 billion. When she bought it, it was only $1 billion, and it achieved a 200% return in less than a year.

This is the largest amount of funds to leave the market since the Bluestar Technology Group went public. Even Wall Street is paying attention. No one knows which shareholder dumped it. This huge amount of US$3 billion left the market. Bluestar Technology The stock price was finally subject to volatility, and the market’s emotional response suddenly came up.

The market opened on October 14. Affected by this sentiment, the stock of Bluestar Technology continued to fall, and the after-hours trading market value fell to 133.5 billion US dollars.

Some investors questioned whether something went wrong with Bluestar Technology Group?

I have to say that the stock market is sensitive, especially large-scale funds quietly leaving the market.

The fluctuation of the company’s stock price did not affect the operations of the Bluestar Technology Group. Luo Sheng did not explain to the outside world. He only did one thing. He held a meeting in the company and stabilized the management. , I especially remind you not to pay too much attention to changes in the company’s stock price, otherwise you will become a slave to profits.

As long as Luo Sheng doesn't panic, no one in the management will panic.

Moreover, Bluestar Technology is not short of money at all. Last year’s second public offering raised US$7.5 billion, and now the company’s total cash reserves have reached US$12.6 billion, which is only available worldwide. Count, even if the winter falls, the company still has enough food to survive the winter.

The cash-out plan actually received US$6.2 billion after tax.

In mid-October, before the Azure launch day arrived, Luo Sheng took Qin Weimu and other team members on a special plane to New York to start the harvesting operation.

...