KKR and Chu Huan have put 50 million US dollars into KKR to allow Jerry Kohlberg and the others to invest in themselves. However, Chu Huan does not control this company. In fact, Chu Huan is the least concerned about this investment.

.

This is the company that is officially responsible for investing in North America for Chu Huan.

In addition, Chu Huan also has Star Investment, which has invested in Microsoft and Apple, Deep Sea Investment, which controls Apex Pictures, and Beihai Investment, which has attacked the North American stock market!

However, because these three investment companies were established in tax havens, outsiders did not know the relationship between these three investment companies and Chu Huan.

Especially for Starry Sky Investment and Deep Sea Investment, no one knows the relationship between Chu Huan and them.

In the future, Chu Huan will gradually cut off the frequent cooperative relationship with KKR, and more acquisitions and attacks will be left to Alder Commercial Bank.

It's not that Chu Huan has any thoughts about KKR. The most important thing is that the connection between this company and Chu Huan is the lowest. However, if it involves large-scale acquisitions in the future, he will still cooperate with KKR.

Chu Huan and Jerry Kohlberg didn’t talk much about work at the dinner party. After the dinner, Chu Huan sent the three families away, then lay on the sofa and began to think about North America.

things.

Before that, Chu Huan regarded Japan as his own cash machine. In fact, Japan also completed its mission excellently. However, after entering 1978, the cash withdrawal attributes of North America will surpass Japan.

At least that was the case in the late 1970s and early 1980s.

First of all, after entering 1978, the depreciation of the US dollar has become an unstoppable thing.

"After the Federal Reserve announced a rate hike, have there been any changes in the North American stock market?"

Chu Huan lay on the sofa and asked Wu Shuhan.

After entering 1978, the Federal Reserve announced an interest rate increase, raising the discount rate from 6% to 6.5%. The purpose of the Federal Reserve's interest rate increase was to deal with the worsening exchange rate problem.

Since October last year, the exchange rate of the U.S. dollar against major currencies has begun to depreciate, and the U.S. dollar index has fallen sharply.

Wu Shuhan, who was sitting next to Chu Huan, found a piece of material on the table and said: "After raising interest rates, the Federal Reserve announced another increase in short-term interest rates in the market!

The depreciation of the U.S. dollar exchange rate directly led to the decline of North American stock prices. According to the financial report released by North America in February this year, data showed that North American retail sales in January experienced the largest decline in 13 years. At the same time, the growth rate of industrial production also declined. The U.S. dollar

The devaluation superimposed the economic downturn from the fourth quarter of 1977 to the first quarter of 1978, and the stock market continued to decline.

On February 28 this year, the Dow Jones Industrial Index fell to 742 points, down nearly 11% from the end of the previous year.

On the 8th of this month, William Miller took office as the new chairman of the Federal Reserve."

"We must have hit rock bottom!" After listening to Wu Shuhan's report, Chu Huan said: "Inform Wu Xiaoshi and ask her to raise 500 million U.S. dollars, and then hand the money to Xu Yi and let her be responsible for paying 100 million U.S. dollars.

Leveraged to buy Dow futures and then sell them all when the Dow hit 845."

According to Chu Huan's memory, the Dow Jones Industrial Index of 742 points is already the lowest point in 1978, and then the North American stock market will start to rise in April.

The direct cause of the rise in North American stock markets was the rebound in the U.S. dollar exchange rate in April and May.

After falling sharply in the early period, U.S. stocks experienced a sharp rise in April this year, with the Dow Jones Industrial Index rising 10.6% in April.

On May 10, the Federal Reserve further raised interest rates, raising the discount rate from 6.5% to 7.0%.

At this time, the interest rate hike had little impact on the market. The core variable that the market paid attention to was the U.S. dollar exchange rate. The market continued to rebound in May 1978, and the Dow Jones Industrial Index reached 867 points on June 6, 1978.

"Also remember to remind me that when I see David Maxwell, ask him to buy as much of his North American cash as Swiss francs, Japanese yen, German marks, pounds and other currencies!"

Chu Huan continued to preach to Wu Shuhan.

The rise in the stock market did not curb the continued depreciation of the US dollar. By October this year, the depreciation of the US dollar in other major currencies in the world had taken shape. During this period, the US dollar depreciated 36% against the Swiss franc, 33% against the Japanese yen, and 33% against the federal government.

The German mark depreciated by 24% and depreciated by 16% against the pound. This was a serious currency shock to North America.

Although it seems that buying Swiss francs is the most profitable, for Chu Huan at this time, the ultimate benefit is no longer what he can pursue. According to the amount of cash in his hand, if he does this, it is very likely that

It will attract more people's attention, which is not a good thing for Chu Huan's development in North America.

"By the way, not only David Maxwell and Chen Haichao, Kelly also needs to be reminded!"

Chu Huan added.

Wu Shuhan was a little confused about Chu Huan's two decisions. The rise in the North American stock market and the depreciation of the US dollar were obviously two opposite directions, but Chu Huan was operating at the same time.

"Boss, do you want to do hedging to offset losses in a certain area?"

Wu Shuhan asked Chu Huan.

Chu Huan did not explain anything to Wu Shuhan, but said with a smile: "You can understand it this way!"

That is to say, Chu Huan does not have time to stay in North America this year. Otherwise, just the changes in the North American stock market can make Chu Huanhai make a fortune.

After reaching 867 points in June this year, the Dow Jones Index will fall and fall to 806 points in July. But by September, it will reach the peak of 908 points in the North American stock market this year.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! Throughout 1978, the North American stock market showed a V-shaped trend, which was definitely the best time to invest.

This year, Chu Huan's small change investment in North America was basically in the stock market and foreign exchange. Next year, there will be another opportunity to make a fortune brought by the oil crisis.

Of course, Chu Huan will definitely not earn the last copper plate.

"After the investment in the North American stock market is completed this year, maybe we can buy some professional teams in North America!"

Chu Huan thought like this in his heart.

Although running is still the most popular sport in the world now, in a few years, when television becomes more and more popular, other sports will begin to show their prominence and replace running.

The acquisition of professional teams in North America is also to prepare for Nike's future development...in addition to NBA basketball teams.

In his spare time, Chu Huan also planned his retirement life, that is, just like Ballmer of the Clippers in later generations, he would watch the other team's games on his own team when he had nothing to do.

Of course, this was limited to the 1990s and 2000s. After the 10s, Chu Huan would definitely not be in this mood anymore.

Is the NBA still the NBA without physical collisions?

Chu Huan definitely wouldn't think so.

However, the four major leagues in North America are still very regional. Basically every big city has its own team from the four major leagues. If you want to buy a team from the four major leagues, you will naturally need to be in a city.

Bought.

For Chu Huan, there are actually two choices, one is New York!

New York is the economic center of North America. Although the New York Knicks are basically a mid-tier NBA team in later generations, it is undeniable that with the metropolis of New York behind them, the New York Knicks have always had the highest market value among NBA teams. Regardless of

Whether it is the Lakers at their peak or the Warriors as a rising star, there is actually no way to compare with the New York Knicks!

The other one is the Lakers!

In the late 1980s and early 1990s, the Lakers had Magic Johnson and Kareem Abdul-Jabbar. By the turn of the millennium, they had the OK team, and then... forget it, I didn't pay attention at that time anyway.

NBA.

It can be said that the Lakers have always been the trendsetters in the NBA.

As for the Chicago Bulls... Although they have the basketball god Michael Jordan, it is only 1978, and there are still 6 years until Jordan enters the NBA. It is really impossible to pack the ace players of his own basketball team by then.

Just get Jordan instead.

To be honest, Jordan means more to Chu Huan than a basketball team. After all, the NBA can be divided into two eras, and this dividing line begins in the year Jordan joined the NBA!

Before Jordan joined the NBA, the NBA was only a sports league that could only have a certain influence in North America. However, after Jordan joined the NBA, it became a sports league that the world paid attention to.

Of course, this is Jordan's influence on the NBA, and it doesn't matter if Chu Huan is there. What Chu Huan values ​​​​is Jordan's influence in the business field.

Before Nike signed Jordan, it was only a slightly famous sports brand, but after signing Jordan, Nike became the world's number one sports brand!

Such commercial influence is unique throughout the history of sports.

To give you the simplest example, in the late 1990s and early 2000s, in rural China, you might not know who Michael Jordan was, but you had definitely seen a child wearing the Chicago Bulls No. 23 jersey.

"Shu Han, do you prefer New York or Los Angeles?"

Chu Huan took back his thoughts and asked Wu Shuhan.

Wu Shuhan thought for a moment and said, "Maybe it's Los Angeles. Life there should be more comfortable!"

Chu Huan thought for a moment, nodded, and said: "When you get to Los Angeles, remind me to ask David Maxwell to ask about the teams in the four major leagues in Los Angeles!"

Since Chu Huan himself has not thought about it and people around him prefer the life in Los Angeles, then he will buy the Los Angeles Lakers. Anyway, the professional league teams at this time are really worthless, so he probably bought all the teams in the four major leagues in Los Angeles.

It doesn’t cost $100 million.

But the market value it will bring in the future will definitely exceed tens of billions - US dollars!

"Okay!" Wu Shuhan asked: "Boss, do you want to enter the sports field in North America?"

Chu Huan nodded slightly, thinking about how he wanted to use the influence of the four major leagues in North America to increase Nike's influence in North America and even the world.

After Wu Shuhan listened, he nodded and said, "Then you still want to do what you said before about buying a football team?"

Chu Huan smiled and said: "Of course I did, but we can wait until we go to Europe to deal with this matter!"

Although Chu Huan prefers basketball to football, it is undeniable that football will be the number one sport in the world in the next few decades and the sport with the most fans.

Since it was because of this, Chu Huan naturally would not give up this opportunity.

By then, HBO, Nike, professional league teams in North America, and if Chu Huan can acquire one or two TV stations in Europe in the future, a complete sports kingdom will soon be formed.

By then, Chu Huan will become the well-deserved number one in the world in the entire sports field!

Wu Shuhan said: "Okay, then when we go to Europe this year, I will remind you about this matter."

Chu Huan has too many things to pay attention to now. Without the help of Wu Shuhan and the entire Jiaku Secretarial Department, Chu Huan will forget to deal with many things, and the losses caused may be goals that are difficult for others to achieve in their lives!
Chapter completed!