Wall Street Legend

Chapter 156 Meeting

Managing a company is by no means an easy task, especially when there are hundreds of people under your control. This makes it necessary to build a complete set of rules and regulations to restrain employees and let some senior managers supervise ordinary employees. Ye Dongqing only needs to Supervise these executives.

The United States has a relatively complete professional manager system. The family inheritance model is not recognized by mainstream concepts, because the father is capable, but the son or daughter may not be capable. Family relationships rather than personal abilities are relied on to determine who manages the company. It will harm the interests of other shareholders and company employees. One of the secrets of keeping a company dynamic is to always find the smartest people to help run the company.

The professional manager system is based on the sound rule of law and good social credibility in the business field. The reason why Chinese Americans do not trust outsiders is mainly because they worry that others will steal their own and descendants' wealth after they have power.

The famous Chinese-American who founded Wang An Computer Company back then decided to bypass many shareholders and let his son inherit the position of CEO. This led to mistakes in decision-making and rapid decline.

There is no need for Ye Dongqing to worry. The shares are all in his hands. Until now, he has not had the idea of ​​letting his descendants become talents. After all, there are no descendants yet, and the Rockefick family's wealth trust breaks the curse of "no more than three generations of wealth." The model gave him a very good experience in inheriting wealth. If he wants to have a child in this life, he will need to learn more when the time comes.

After returning from London, he put his things at home. At this moment, he summoned the executives of Tamsui Investment Group, a total of ten people, to sit together in a spacious conference room for a meeting.

Half of them are unfamiliar faces. They have just joined the company not long ago. Their resumes seem to be carved out of the same mold. They all graduated from top universities and have experience in investment banks, securities firms, funds, venture capital and other industries. With more than five years of work experience, Ms. Vigo is a minor role compared to them, but Ye Dongqing has no intention of persuading her to give up her position, at least not in the short term.

"You have been working in the company for a while, how do you feel?"

Ye Dongqing wore a white suit and a black tie today. If he hadn't been in good shape and his young appearance was a little handsome, he wouldn't have been able to suppress this color scheme, which made him look full of energy.

"Very good. Boss, your three crude oil futures operations are simply unbelievable to me. You caught all the big fluctuations in the short term. If I hadn't seen you during the interview, I would have thought you were in your forties or fifties. This kind of A keen eye requires sufficient industry experience, so it appears even more powerful.”

It's just flattery. The person speaking is named Adam. He used to work for GEICO Insurance Company, a subsidiary of Berkshire Hathaway. The old stock god just acquired this company in 1996. Considering that he lives in that kind of environment every day, Being glib is normal.

"Thanks for the compliment. I misjudged the format during the second transaction. Otherwise, I would have acquired a private jet and I would have to be more careful in the future." Ye Dongqing said with a smile. He liked this kind of implicit flattery.

"I'm also paying attention to crude oil futures. This time the price has fallen too sharply, and it is very likely to rebound in the near future. Boss, do you have any ideas?"

“No, no, no, not yet. It is indeed possible to rise slightly in the future, but this cliff-like drop from a high level has made many speculators lose confidence. In addition, without the support of good news, the short-term increase will never be too large.

We have more important businesses, such as continuing to take shares in those Internet companies. The short-term speculation risks are too great. Now we should continue to consider long-term investment issues. In my opinion, they are worth investing in. "

As soon as Ye Dongqing finished speaking, a middle-aged Jew asked him: "But we need to pay a large sum of money to investors every day. If we only rely on investing in stocks, how can we achieve profits?"

"I understand what you mean, Adrian. But my company has always been making money, hasn't it? If you can make money now, you will only make more in the future. You can also get high returns by investing in stocks. You just need to follow my ideas. Go and manage this company well, and now the funds on the books are sufficient enough that you don’t need to think about dividends..."

The Internet stocks he invested in have lost a lot of money recently. Nasdaq has gone up and down, and is still at more than 2,200 points. Investors are beginning to return to rationality, and market confidence is still insufficient. The market value of companies supported by profits, such as Microsoft, Oracle, etc., has returned to normal values, with a price-to-earnings ratio of around 20. There is almost no bubble, but they are not undervalued either.

Not only the newly joined Jew Mr. Adrian De Niro has doubts, but other executives are also uneasy. Judging from the asset allocation situation, it is almost impossible to make money in bonds, currencies, etc., and all hopes are pinned on The Internet section, combined with the current situation, does not seem to be a safe approach.

It was impossible for Ye Dongqing to give up some of his interests and invest in other industrial stocks with smaller returns in order to cater to their ideas, so he decisively stopped this topic and discussed how to continue to expand the business scope of Golden Island Financial Management Company. The meeting lasted until closing time.

They didn't dare to let their employees work overtime because the wages were too high. There was no one at Tamsui Investment Group soon, and Ye Dongqing came to Dalton School in Shangcheng District to pick up the girl and go out to eat...**** *****

In recent times, little Edward Johnson no longer socialized and showed off as before. He has become what others call a fool. He hides at home and refuses to go out. He often gets angry.

How happy he was when he hurt Ye Dongqing in front of his friends, but now his face hurts. Others don't care how much money they should have earned, they only know that the young Chinese did earn a lot of money, and Xiao Edward's joy was in vain, but in the end he made no money, and even suffered some losses.

After a week-long cooling-off period, little Edward finally thought about asking Ye Dongqing for help. He wanted to say that he would continue to cooperate, but he couldn't lose face, so he came up with a compromise and asked someone to help investigate Ye Dongqing. Dongqing’s asset allocation model, I want to find clues from it, and then learn from it.

If your own brain is not enough, it is the right thing to learn from smart people. However, when a folder was delivered to little Edward, this guy changed his mind again. He felt that having good vision and luck before did not mean that he would be able to do the same in the future. If things continue to be good, when I see the names of those Internet companies, I am not optimistic about them from the bottom of my heart.

In the end, he gave up on the idea of ​​following the trend of investment, put them aside, and only focused on Facebook, a company he now really wants to invest in...

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like