Just like Microsoft now, after Qualcomm and Cisco go public in the future, it will not be easy to acquire their stocks.

"Boss, do you have any other instructions besides the stocks of these companies?" David Anderson asked.

Yang Jing shook his head and said, "There's nothing special to pay attention to. The stocks of these companies are all prioritized. As for the other stocks, you can decide for yourself. But I suggest that you prioritize large-cap blue-chip stocks. The US stock market is doing very well this year. If you buy some blue-chip stocks now, you can make a lot of money just by holding on to them."

Yang Jing is not making this up. Before October 1987, the U.S. stock market was a super bull market. If you picked any stock and bought it at the beginning of the year, as long as you held on to it for ten months, you could make a profit of more than 50%.

For example, General Electric's stock price was only $3.6 per share in January 1987, but by October, its stock price had soared to $5.5 per share; IBM's stock price soared from $28 per share in January to a maximum of $44 per share; and the famous Citigroup's stock price soared from $15 per share in January to $48 per share in October, an increase of more than 300%...

The US stock market during this period is just like the bull market in the Chinese stock market in 2007. You can make money by buying stocks with your eyes closed.

The most important thing is that in addition to making money in advance, Yang Jing also has an unknown purpose.

Since he had decided to start investing openly, Yang Jing must have stocks of some well-known companies that can make a lot of money. For example, Microsoft, Oracle, Intel, Cisco, and Walmart, which often ranks first in the Fortune 500, Yang Jing certainly would not let it go. In addition, holding a certain amount of stocks of giant companies such as General Electric, General Dynamics, and IBM can improve one's social status in the United States.

Of course, it is not easy to acquire the stocks of these companies in the stock market, but Yang Jing knows that there will be an excellent opportunity at the end of this year for him to acquire the stocks of these companies on a large scale.

That was the stock market crash that broke out on October 29, 1987.

The stock market crash that broke out on October 29, 1987 can be said to be the most tragic stock market crash in American history. In just one day, the U.S. stock market evaporated $500 billion, which is equivalent to France’s annual GDP!

500 billion US dollars in 1987 was an astronomical figure. Even if we get 10% of it, it would be 50 billion US dollars!

Of course, in this stock market crash, except for a few dozen stocks that did not fall, the stocks of all the companies that Yang Jing needed to invest in plummeted.

Before the stock market crash, GE's stock price hit $5.5 per share, but on the day of the crash, it dropped to $3.2, a one-day drop that was greater than the increase in the previous ten months; IBM's stock price dropped from $44 per share to $25.5 per share; Wal-Mart's stock price dropped from a high of $5.35 per share to $2.75 per share. As for Microsoft, it dropped from $48 per share to $26 per share, and Intel was even worse, with its stock price dropping from $1.30 per share to $0.55 per share...

During the stock market crash, you can take advantage of the sharp drop in the prices of these stocks to buy the outstanding shares of these companies at a very low cost. Moreover, on the day of the stock market crash, the panic selling mentality of the market led to a huge selling volume that day. As long as you have money, you can buy enough stocks!

Of course, given the strict monitoring of the U.S. stock market, Yang Jing needed to find a good reason for purchasing a large number of stocks of major companies on the day of the stock market crash, and that was stock repurchase!

On the day of the stock market crash, due to the sharp drop in stock prices, the company and its shareholders were able to repurchase stocks to assess the stock price. This is something that is explicitly allowed by the U.S. Securities and Exchange Commission.

And if you are not a shareholder, and you take advantage of the stock market crash to buy at low prices, it doesn’t matter if the quantity is small, but if the quantity is too large, you will be investigated by the relevant departments in minutes.

Therefore, if you want to repurchase a large number of stocks during a stock market crash, you must become a major shareholder of the company.

It is for this reason that Yang Jing asked David Anderson to acquire at least 5% of the shares of these companies before October.

Only if you hold 5% or more of the company's shares, you have the right to openly repurchase a large number of shares during a stock market crash!

This is one of Yang Jing’s plans.