Faced with Jing Gao’s invitation, Professor Zhang followed suit and said with a smile: “Mr. Jing, let me tell you a little story about what I learned at the wine table!”
In fact, he had no intention of offending "Mr. Jing". He had already stated in front of Mr. Jing that he would pick on Uber in the future. Mr. Jing did not get angry and continued to drink with him calmly. If this did not happen to him in the future,
The secretly rubbing movements showed that Mr. Jing was really tolerant of him and was worthy of his friendship.
Listen to his words and watch his actions.
"There have been many real estate developers in our capital city since the 1990s. The Six Wantong Gentlemen, who were the most famous in the country at that time, basically developed in central Beijing after the real estate industry in Qiong Province collapsed. There is also the cannon who went there three years ago.
.
Because I study economics, I pay special attention to real estate in these ten years. I have written books related to real estate, such as "The Real Estate Game", etc. People often criticize me on the Internet for being a spokesperson for real estate interests.
There are many stories here. Let me tell you the story about the one in Soho.
It was probably 1992. I had just graduated from college and was living in Zhongguancun. At that time, Zhongguancun was the place where computers were sold in the country. Mr. Pan was promoting recycling holdings. He preached in Zhongguancun, which caused a big sensation."
Jing Gao nodded slightly and drank red wine. With his level at this time, he naturally understood what circular holdings meant. In the eyes of the outside world, his net worth was roughly sliding down to US$5 billion. The way to avoid it was cross holdings.
This can also be regarded as a method of circular holding, but the purpose is different. Generally speaking, circular holding is to push up the valuation of a certain company and to gain nothing.
Professor Zhang continued: "Mr. Pan can not only give lectures, but also give practical demonstrations. He bought a piece of land in a commune at the foot of the Great Wall in Huairou. The house there is still there. Mr. Jing, you can go and have a look later."
Souhou built a commune canteen there to keep.
Mr. Pan speculated this land to a value of 400 million through circular holdings, and then took this valuation to Zhongguancun for financing, which was a great success!"
Jing Gao pondered, picking up the fish maw from the "fried sea mixed" bowl, and asked: "Hey, Professor Zhang, I have a question. Those who were doing business in Zhongguancun at that time should not be considered reckless, right? It's so obvious
It’s impossible for them not to notice the mistakes and omissions, right?”
Professor Zhang said with a smile: "This is the cleverness of people. The return promised by Mr. Pan is 25%, and it is in US dollars! The black market exchange rate at that time was nearly 1:10, while the official exchange rate was 1:2.
At that time, the whole country was earning foreign exchange and was in short supply. People doing computer business in Zhongguancun were short of foreign exchange. And they wanted to make huge profits through this exchange rate difference."
Jing Gao chewed the fish maw: "What an operation with the characteristics of the times!"
Professor Zhang smiled and said: "Mr. Jing, this is just the first step of his financial operation! Think about it, who will he have to sell to after building the house so that he can get US dollars?"
"Oh, that's for customers on Hong Kong Island?"
"Yes. At that time, the whole Hong Kong Island was saying that Mr. Pan's house was good and he could make a lot of money after buying it! The house price was raised to US$46,000 per square meter. This was quite an exaggeration in the 1990s."
Jing Gao was a little confused again: "The whole thing? I also have a real estate company under my banner. I'm afraid it's a bit difficult to achieve such a publicity caliber! As long as there is a market match, there are few peers who will not cause trouble!"
Professor Zhang took a sip of red wine and said with a smile: "This is the key point. His real estate is so good because the sales profit is 40-60%."
"Mr. Pan Liu? This is a bit profitable!"
Professor Zhang smiled and shook his head, "That's not true. Mr. Pan only took 40% of the sales price. The remaining 60% was given to the salesperson. At that time, all real estate practitioners in Hong Kong were helping Mr. Pan sell the house."
"Can you still make money like this?" Jing Gao was a little confused. He was not a newbie in business now. He knew with a little simple calculation that this model was not profitable.
Professor Zhang said with a smile: "So Mr. Pan is smart! The sales money he receives is US dollars, but the share he gives to the people in Hong Kong is RMB. So he is losing money on the surface, but he is actually making a lot of money.
I also learned about it while having dinner with a friend. A friend bought Mr. Pan’s house. Over the past twenty years, the bubble he blew up has long since burst. He regrets it now, so he showed me the signed sales contract.
look.
I was still relatively young at the time, so I said: What does your lawyer do? He is clearly selling you. Later I found out that the lawyer who signed the contract was a big brother in the legal profession in Hong Kong at that time."
Jing Gao was stunned immediately. It was hard to express his shock without saying "fuck"! Professor Zhang described the crazy and magical story in just a few sentences. Human nature, money...
After calming down, Jing Gao raised his glass and said, "Professor Zhang, this is a wonderful story. It really opened my eyes! I never stopped reading it before."
Professor Zhang smiled slightly, which made his eyes smaller and smaller, but they still shone with cunning and wisdom.
"Mr. Jing, actually you just said: Law is the minimum standard of morality. This sentence comes from the famous German jurist Yelin. But I think the way you can hear it is from the criminal law teacher in B account
Arrived."
Jing Gao said with great interest: "Well, yes, that's right. Professor Luo is very popular at Station B. I especially like the criminal law cases in his videos, which are very challenging to the brain."
There are often various divergent comments under Professor Luo's videos. There is an example: After Zhang San and his girlfriend had a fight, the girlfriend jumped off the building angrily. So, is Zhang San guilty of negligent death?
This is a normal legal question. So here comes Xiu'er. I would like to ask: Zhang San's girlfriend hit someone while jumping off the building, so does she commit the crime of throwing objects from high altitude?
Professor Zhang smiled, and then said seriously: "Mr. Jing, I have a problem with the Dafa Party! They pursue procedural justice and procedural fairness too much, and ignore the fairness of the results. Many times, I prefer ancient crimes for some crimes.
punishment.
Sometimes it's time to get involved.
Compared with the West, our history is unique in terms of laws governing governance. It cannot be completely abandoned. Moreover, when the Dafa Party talks about procedural justice, it often engages in grafting methods to leave legal backdoors for the powerful!"
Jing Gao said with great interest: "Professor Zhang, please explain in detail." He is a person who is used to listening.
Professor Zhang was not in a hurry to talk about the legal differences, but changed the topic: "Mr. Jing, when it comes to circular holdings, Mr. Liu is the master of Kaipai. Well, your position as chairman of Uber has already allowed Liu Zhen to step down.
Alright?"
Jing Gao smiled when he heard this and said frankly: "Professor Zhang, I don't have a good relationship with Mr. Liu. It's not that Yang Yuanqing is talking about it, but Mr. Liu and his team are making people uncomfortable.
I originally planned to let Liu Zhen serve as chairman for a period of transition, but in the end I let her resign."
This was the advice given to him by the great beauty Siyue. The principle of employing people is said in books: Don’t be suspicious of people when you employ them, and don’t use people who are suspicious of you. However, in some entrepreneurs’ speeches and courses taught by Chengdu, it is contrary to common sense: Be suspicious of people when you employ them.
Suspects need to use it.
Who do you listen to?
In fact, if you actually run a business, you will understand what kind of path this is. These two completely opposite conclusions have their own conditions.
What is said in the book is a wise saying. Because what we are talking about is the distribution of power. Doing things depends on winning people. At this time, you must give your subordinates a certain amount of support and remain patient. This is the key to the success of heroes in history.
When Qin destroyed the six kingdoms, those monarchs were like idiots, and their counterintuitive schemes often took effect. For example, Li Mu!
So what are the things that the book talks about? They are all important matters of the country, the matter of life and death. You are a "little thing" in managing a company and making a small profit, but you use it to refute the experience summarized by history. You are seriously being funny.
?
In business, it is said: Be suspicious when employing people, and use those who are suspicious. It mainly means that institutional constraints must be given to employment. Even if some managers are not suitable, they must be hired. After all, no one is perfect.
But, but…
If your company reaches the level of a multinational enterprise, this business experience cannot be used because the interests involved are too great. So after Siyue saw that he was wary of Liu Zhen, she suggested that he kill Liu Zhen.
Even though Liu Zhen is a veteran of Uber, he has made great achievements in its development process.
No poison, no husband!
Compassion does not command troops!
Thunder, rain and dew are all your grace.
These are some of Siyue's views on persuading him. Jing Gao's personality is actually a bit kind. He gave Liu Zhen enough resignation compensation and maintained a good personal relationship with her. Of course, his kindness does not mean that he is stupid, but he is also quick.
Eliminate Liu Zhen from the Phoenix Group's system and never use her again.
Professor Zhang smiled and nodded, "Mr. Liu and his family are actually considered to be persons acting in concert. But the law does not think so. This is problematic..."
Just eating and chatting like this, the meal was extremely harmonious. It lasted from 7 o'clock to 10 o'clock in the evening. Jing Gao successfully invited Professor Zhang to serve as a researcher at Taichu Think Tank, and then sent him to
The entrance on the first floor of Poly Building to show his respect and attention.