Supreme Sacred Ring, Carefree Tycoon!
In the 80s, a good-quality old Hainan Huanghuali round-backed armchair from the Qing Dynasty could be yours for just twenty yuan. Now, two million yuan o...
However, Yang Jing did not intend to swallow up the Vanguard Group. Instead of swallowing it, it is better to let it take the lead. Whether it is KY Fund or the other six offshore companies, they can become partners of the Vanguard Group, and then follow the Vanguard Group and eat meat quietly. This is the best way to operate.
When making the plan, Yang Jing had forgotten about this investment institution that people would turn pale when talking about it in the future, but it was not too late to remember it now. It was just a cooperation, so why not?
However, if he wants to get the most benefits from this future partner in the stock market crash or even various black swan situations in the future financial market, he still needs to discuss it carefully. At the same time, Yang Jing also found that some of the plans he made at the beginning of the year seemed a bit too conservative, and Henry Williams and David Anderson's joint gains in the bull market of the US stock market in the first half of this year also exceeded his expectations. Yang Jing felt that he should change some of the plans he had made before.
So after talking with David Anderson for a while, Yang Jing gathered Mike Aller, Henry Williams, Amanda Pietrus and Cesar together.
"Boss, in the past eight months, excluding the stocks we bought at the beginning of the year, the total income of our Dragon Fund has reached 18.8 billion US dollars. Because of the Securities Exchange Act and Regulation 144, the stocks of major companies we are currently acquiring in the market, except for Berkshire Hathaway, the shareholding ratio of other companies does not exceed 5%. The specific situation is as follows: we currently hold 478% of Microsoft's shares, 124% of Alcoa's shares, 13% of General Motors' shares, and 141% of Citibank's shares."
As the Chief Financial Officer of Dragon Fund, Amanda Pietrus controls the operation of the entire Dragon Fund. The figures spoken by this strong woman are the most realistic funds and assets of Dragon Fund. These facts can be proved by the other two financial directors who were recruited into Dragon Fund together with Amanda Pietrus.
Although these two financial directors are below Amanda Pietrus in status, they are mainly responsible for supervisory duties, so they have great power. They are also directly responsible to Yang Jing.
In this time and space, Yang Jing is a person from the future. Thanks to the information explosion in the future, he knows the financial market of this time and space best, so at the beginning of the year, he set a series of investment plans.
It’s just that the U.S. stock market has been so strong in the past six months that Yang Jing’s plan has fallen behind.
For example, he planned to use $5 billion to buy stocks of major companies, and then use the remaining $7 billion to speculate on U.S. stock indices and buy stocks that could be sold at any time.
In other words, the 5 billion US dollars handed over to David Anderson for control were used to purchase real estate, while the 7 billion US dollars controlled by Henry Williams and David Anderson were used to speculate and make money.
From the beginning of 1987 to October, the U.S. stock market was booming. If you didn't take advantage of this good opportunity to make a fortune, you would really be letting down this bull market that is rare in decades.
Therefore, Henry Williams and David Anderson used the 7 billion US dollars for speculative investment over the past six months, and earned more than 10 billion US dollars in net profit in stock indexes alone.
As for stocks, the two of them bought a lot. Except for the stocks of those companies that Yang Jing required to be purchased with the 5 billion US dollars, the rest of the funds were used by the two to buy stocks of many companies.
The stocks of these companies were supposed to be abandoned around October, and they rose very wildly due to the large amount of capital investment from the Dragon Fund, which allowed the Dragon Fund to make a lot of profits on these stocks.
It is only because of the restrictions of the U.S. Securities Exchange Act and Rule 144 that the shareholding ratio of these stocks cannot exceed 5%. Otherwise, there will not only be a lock-up period of up to two years, but there will also be many restrictions when reducing holdings.
It is precisely because of this that the Dragon Fund's shareholding in these stocks, which it invests in to make money, does not exceed 5%.
As for those companies that want to hold shares, such as Microsoft, ****, and Citigroup, it is because it is really difficult to acquire them in the market, so there has been no large-scale acquisition of these companies' stocks.
But it doesn't matter. With a shareholding ratio of more than 1%, it is considered an important shareholder for these large companies. As long as the stock market crash breaks out on October 19, the Dragon Fund can, as a partner of the Vanguard Group, use the huge funds earned from the US stock index and other US stocks in the first half of the year to repurchase the stocks of these companies in the name of stock repurchase!
This is what is called "fighting to support war."
This was originally a strategic policy that Yang Jing had formulated at the beginning of the year. Now, judging from the operation over the past six months, the actual results have far exceeded the plan, so Yang Jing feels that he should be bolder.