Chapter 317: Being happy is the most important thing



The company currently manages more than 260 million US dollars in assets, almost a quarter of which belongs to Han Chudong. The rest of the funds come from all over the world and are invested in the stock market in batches in exchange for stocks of multiple companies.

These include Coca-Cola shares worth US$40 million, Walmart shares worth more than US$70 million, and partial shares of General Electric, KFC, McDonald's and other companies. Only US$20 million is left in Bank of America in case any investor needs to cash out for emergency. The annualized interest rate of nearly 10.7% is definitely not a small amount.

Considering the abnormal inflation rate, don't even think about making money with the money you deposit in the bank.

Han Chudong had a brief phone call with the head of Mason Trust Fund. He told the other party that they could start preparing for the third round of fund-raising plans. This was mainly because since its establishment, the rate of return had outperformed bank interest rates and even the broader market and government bonds, giving him the illusion that private equity fund management was easy.

In fact, many of our peers have already suffered heavy losses as the market continued to fall. Even if they make a profit, it is difficult for their profits to outperform inflation, and they still need to pay management fees, commissions and other expenses.

Under this premise, Mason Trust Fund has performed very well since its establishment. He wants to take advantage of the low market to buy some high-quality stocks and invest in core industries such as media and securities that will allow him to profit from the opportunity and use other people's funds to increase his own strength.

For example, News Corporation Australia is very influential in Australia and the United Kingdom. After acquiring part of the shares of The Wall Street Journal, it is increasing its layout in the United States.

Speaking of The Wall Street Journal.

Last year, Han Chudong was targeted by its editor-in-chief. Afterwards, he consulted with the shareholders of The Wall Street Journal and planned to teach the old man named Nick Lambert a lesson. He also filed a lawsuit in a New York court, accusing the newspaper of publishing false news.

The final result was an out-of-court settlement. Nick Lambert was demoted to an insignificant position and chose to resign in anger. The Wall Street Journal published a brief apology statement in a small corner where no one paid attention.

Mason United Group invested nearly one million US dollars in advertising in the Wall Street Journal. In comparison, an editor-in-chief is insignificant, not to mention that Han Chudong was willing to give some benefits to the two shareholders with a say in private.

Unfortunately, both parties were ultimately unable to complete the transaction to transfer the shares of The Wall Street Journal, and the deal ultimately came to nothing.

Currently, Han Chudong holds part of the shares of Playboy and VOGUE magazines through Mason United Group, and indirectly holds a small amount of ELLE magazine shares through VOGUE magazine. He has also set up a group to attempt to create a new newspaper on his own.

The reason why he chose to invest and create it himself was mainly because after he investigated the equity situation of several major mainstream newspapers, he found that they were too dispersed. Even if he spent a huge price, it would be difficult to gain the right to speak, which obviously did not meet his needs.

In addition, behind these traditional old newspapers, there are always multiple interest groups involved, including both the business community and Washington, and the two are closely related.

Han Chudong was somewhat afraid of being branded with certain labels and thus getting into unnecessary trouble. If he simply invested through Mason Trust, he wouldn't have to worry too much.

The upper class circle is small, but much more complicated than the life of ordinary people. It is easy to affect the interests of others, and it is more likely to be regarded as an imaginary enemy or a hunting target by others.

From the fact that Arthur's assistant was contacted by someone during the holiday and was offered money to induce him to betray Han Chudong, it can be seen that Han Chudong is still so "weak" that others think he can be bullied.

His lack of background and reputation made him seem more difficult to deal with than him, whether it was the hard-hearted old Paul Getty or David Rockefeller who had many allies.

Fortunately, there are not many loopholes that can be exploited. Han Chudong considers himself to be a law-abiding businessman and is usually very careful. Therefore, although he is on guard, he does not need to worry too much.

I had a brief chat with the executives in New York on the phone, talking about adding News Corporation Australia and Viacom Group to the investment list, then I had lunch first, and continued to have meetings with my executives in the afternoon...

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The day passed by so busy that I couldn't feel the passage of time.

Before leaving get off work, he asked his secretary to help him book a restaurant. Han Chudong arrived early and waited for Bushnell to arrive. In the morning, Arthur's assistant informed him of the meeting, and the middle-aged man, who served as CEO of Atari and Aurora Games, agreed.

I used to think Bushnell was a tech geek, but I didn't expect that when it comes to betraying partners, he is so good at it, no worse than those old foxes in the business world.

However, his vision is not very good.

If they really had vision, they would not do such a stupid thing of picking up sesame seeds and losing watermelons. It is no wonder that Sony became the only dominant player in the market in the future, while Atari disappeared in the long river of history.

After waiting for more than ten minutes, when Bushnell appeared in the restaurant and the two looked at each other, Han Chudong could clearly sense the vigilance in his eyes.

I don’t know if it was an illusion, but he even seemed a little impatient, probably thinking that Han Chudong was blocking his way to wealth.

There is no wrong version in the 1619 book forum!

The two had not been in touch since their last meeting in Silicon Valley. When the waiter came to deliver the menu, Bushnell refused and said, "I'm not hungry. Just give him the menu. If you have anything to say, just tell me. Anyway, I will never give up the licensing practice. Atari has paid you a licensing fee, and it's not low."

"You know whether it's low or not. Aurora Games mainly relies on those three games to expand the market. You licensed them to Atari and put them on arcade machines. What's the point of talking about novelty? Last year, Atari helped you make nine-digit profits with the Ping Pong arcade machine. I know you value Atari's arcade products more, but you took the initiative to license them without consulting me. Isn't that too much of a bully for me?"

Han Chudong is deliberately provoking and mocking Bushnell. The relationship between the two has broken down and they are currently more like enemies than partners. There is no need to give him face.

Bushnell's little trick was exposed by Han Chudong. He was embarrassed and blushed. He said, "I am the controlling shareholder. I don't need you to make decisions. I have been in charge of Aurora Games since its establishment. What have you done during this period?"

"I have paid all the money I should have paid, and I have paid more than you. When we decided to form a partnership, you took the initiative to seize the decision-making power and only gave my person a vice president position without real power. Besides, how much I contribute has nothing to do with your infringement of the company's patents. This is a matter of principle."

Han Chudong ordered a tomahawk steak. Regardless of whether Bushnell would eat it or not, he was hungry anyway, so he continued:

"I know Atari is preparing to go public on the NASDAQ, and I also know that a scandal at this time is not good for you. I asked you to come here tonight to discuss whether there is a way to resolve the dispute peacefully. Anyway, I don't want to start a business with a guy like you who has no credibility.

One million dollars, sell me all your shares of Aurora Games, and license the three games to Atari permanently, and I will never pursue this matter again. If you disagree, I will go to fund your competitors. Anyway, there are several companies in Japan that make street game consoles. I have enough money to buy the agency rights, and I have no shortage of publicity and sales channels. If I only sell each machine for two to three hundred dollars, do you think there is still a market for Atari? Believe me, I don't like to suffer losses. Even if I sell at a loss, I will completely block your Atari company. As a person, happiness is the most important thing. Money doesn't matter. Anyway, I have more money than I can spend, so there is no need to care..."


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