Actually I just want to act

Chapter 1082
The richest man on the surface.

Fang Jiming's first thought when he saw Leonard was actually this.

In fact, no matter who is the richest man in the bald eagle, it is only the richest man on the surface.Even the richest people in the world are superficially rich.

The real rich people are those who dare not be on the list, such as some consortiums of the Bald Eagle. These people are very low-key and just want to steal the wool of the world secretly.

"Nice to meet you, Mr. Leonard." Fang Jiming shook Leonard's hand first. This man in his 60s still hasn't retired.But it's not surprising, there were a few bald eagles in the previous life, seven or eighty years old, who were still competing for a job.

"Mr. Fang, I've heard of you a long time ago. You are famous, young and promising." Leonard said politely. You know, bald eagles don't greet you like this. They must have dealt with the Chinese too much. .

Fang Jiming felt a little "flattered" and said, "It's too much, Mr. Leonard."

"Mr. Fang, please sit down."

The restaurant that Leonard booked for Fang is very high-end, which is probably the way the Bald Eagle treats guests.

It's a pity that Fang Jiming, who has a stomach for Chinese food, is a little disgusted with eating Western food.

"This is the best Wellington steak..." Fang Jiming had eaten it before, but he didn't think it was too good.

Leonard actually didn’t eat a lot, and the meal wasn’t luxurious, but it was a lot—he had a great appetite!Fang Ji clearly said that the global capital market has discovered some valuable companies.

"Mr. Fang, I think you should be guessing my intentions." Leonard was still a foreign devil after all, so he got straight to the point after being polite. "I am very optimistic about China's development, especially the development of China's Internet. In my opinion, Feixun, an enterprise, has great potential. Therefore, I plan to invest strategically in Feixun."

Fang Jiming was taken aback for a moment, and then asked cautiously, "Then why doesn't Mr. Leonard become an angel investor?"

"risk."

Leonard was cutting the steak, and the creaking sound was actually quite unpleasant. "I'm very risk-averse. Being an angel investor means losing money. Even if the probability is 1%, it's possible to lose money."

Fang Jiming frowned, it wasn't that he didn't believe it, on the contrary, it was probably Leonard's truth.

"Maybe Mr. Fang, you don't believe it, but I am a person who advocates making money with time. The stocks I buy are all companies with great potential, such as Coca-Cola. Coca-Cola is the largest beverage company in the world, with more than 200 companies around the world. The country sells more than 500 carbonated and still beverages. Among the 500 varieties, there are 15 brands valued at more than $10 billion, including Coke, Diet Coke, Vitamin Water, Powerade, Simple, Georgia, and Dale Valley.

The world drinks 17 billion bottles of cola every day, or drinks, instant coffee, fruit juices, juice drinks, etc. provided by cola companies.Think about it, with this performance base, will Coke's stock be worthless?It's just that many people advocate making quick money, and they don't see the stock market. What they really should invest in is the potential of a company.

Let us assume that you are going to go to a place for ten years. Before you go, you plan to arrange an investment, and you understand that once the investment is made, it cannot be changed during the ten years of your absence.What do you think?Of course, it goes without saying that the business has to be simple and understandable, the business has to be proven to be sustainable for many years, and it has to have good prospects.

If I can be sure, I'm sure the market will grow, and I'm sure the leaders will still be the leaders -- I mean worldwide, I'm sure sales will grow tremendously, and for that, besides Coke, I'm Didn't know of any other companies that could do it.

I'm relatively certain that when I look at it ten years from now, they'll do a better job than they did today.The same, I think Feixun is the same. "

Fang Jiming knew that this was Leonard's view on the market, exactly the same as Buffett in his previous life.

Before investing in Coke, Leonard must have done a lot of homework, and even investigated the coaching change of the Coke company.

In fact, the Coke Company was not so smooth sailing before, and the stock price also fell several times.This was due to the Coke Company's troubles at the time, which caused controversy among bottlers, allegations of abuse by farmers in juice parks, environmentalists accused Coke's one-way containers of aggravating environmental pollution, and accused the company's exclusive chain system of violating the law. Anti-monopoly law, Coke's international business is also staggering, many overseas factories were dismantled by angry local workers...

A series of incidents were also caused by the ineffective response of the president who was in charge of the Coca-Cola Company at the time.

Later, after a coaching change, cost cutting began, any business owned by Coke had to optimize its return on assets, and it began to divest all businesses that did not generate a satisfactory return on assets.Any new investment project of Coke Company must have sufficient growth potential before it can be considered.These measures took effect quickly, and profit margins began to improve.

By any measure, a Coke company that is just one year old is worth as much profit as a Coke company that has been in years past.This result was also reflected in the market value of the company's secondary market, and the stock began to soar.Even if the stock market crashed in the second year, the market value of Coke Company still grew at an annual compound rate of 19.3%. During this period, every dollar retained by Coke Company generated a market value of $4.66.

The Coke Company's vision became clear: management's primary goal was to maximize shareholder value over time.To achieve this goal, Coke focused on the high-return soft drink business.If successful, this success will be manifested in increased cash flow, increased return on equity, and ultimately, increased shareholder returns.

Estimating these figures is why Leonard invested in Coke.

Fang Jiming knew very well that since Leonard wanted to invest in Feixun, he must have a deep understanding of Feixun.

In fact, Fang Jiming welcomes every investor, as long as he is not here to fight for the company's operating control.

"Mr. Leonard, it's a great honor for you to have taken a fancy to Feixun. I don't know, how many shares of Feixun do you want to buy?" Fang Zhiming knew that Leonard had previously held more than 10% of the shares of Coca-Cola. %, and then sold about 1% of them one after another, and then increased and decreased their holdings... Anyway, all the money invested at the beginning was returned.

Therefore, Fang Jiming really wanted to know how many shares Leonard wanted to buy in Feixun.

"I think, out of the 2.114 million shares, I bought 5000 million shares and increased my holdings to more than 5% later, so I have the right to raise my cards." Leonard said seriously.

(End of this chapter)