The entire Soho district is filled with historical buildings that are only three or four stories high. It is the only super-tall building among them. Through the floor-to-ceiling glass, you can have an unobstructed view of the night view of New York.
"Hey Lu!"
Bill Gates wears black-rimmed glasses and looks like a standard IT man. His image is completely different from Buffett, who is wearing a suit and ties next to him.
Under his enthusiastic introduction, the two got to know each other.
Buffett said kindly: "Although this is the first time we have met, I often hear many stories about you from Gates. You are young, but you are destined to be a legend."
"Aren't there two in front of me?"
Lu Fei smiled faintly.
"Haha~"
After a business exchange, the three of them sat down, and the faces of the young, middle-aged and old fell into the eyes of the other guests. Time in the entire hall seemed to have stopped and fell into silence.
The manager got excited, walked quickly but without losing etiquette, came to the table, bowed and handed Lu Fei the menu, and then poured him red wine.
"Lu, you came just in time."
Bill Gates showed a mysterious smile, "You are China's stock god, and you are also good at US stocks. You are here to comment."
"What did you just talk about?"
Lu Fei looked left and right, curious.
Bill Gates said: "Warren said that the index funds he recommended can effortlessly beat Wall Street fund managers. I have reservations about this. What about you?"
Lu Fei simply ordered his meal, pushed aside the manager who was as embarrassed as a telegraph pole, and then asked with interest: "S&P 500 Index? Dow Jones Index..."
"S&P 500 Index."
Buffett cut a small piece of steak and ate it in his mouth.
Faced with the meaningful looks in their eyes, Lu Fei chose not to take sides, but he was not sitting on the fence.
As we all know, when there are two options, there is a third option.
Through the wine tasting, he showed his quick wit, blinked and had an idea, raised his lips and said: "If you want to know who is right and who is wrong, it is very simple, you only need to set up a bet."
Neither Buffett nor Bill Gates are newbies. Their eyes lit up and they both thought of joints.
"Set up a bet that lasts for several years. Warren chooses the S&P 500 index fund, and then asks the hedge fund manager to choose five well-known active funds to form a portfolio to see which one has higher returns in the end. As for the amount and time, it is up to you.
Come and decide.”
Lu Fei shook his glass: "Do you agree?"
"This is a great idea! Warren, you are the investor. You set the deadline and I will set the amount."
Bill Gates grinned and said: "How about 1 million U.S. dollars? I will invest the money first. If you win, you will get the principal and interest. If you lose, you will receive the principal plus 1 million U.S. dollars. This is not a condition."
Let’s divide it?”
"Not at all, the term is only 10 years."
Buffett squinted his eyes with confidence, and then looked sideways at Lu Fei: "Lu, this is your suggestion. I ask you to be a witness and be the referee of our gambling game."
"My pleasure."
Lu Fei raised his wine glass and said, "Cheers?"
"cheers."
Three bright wine glasses collided, making a "clang" sound.
As a dog-headed military advisor, Lu Fei keenly felt that he was getting closer to Buffett, and it was no longer the superficial politeness.
He wiped his mouth: "Lu, I heard from Gates that your company is going to be listed. Has the issue price been set?"
"No surprise, $66.6."
Lu Fei leaned back to make room for the manager to put the dishes on the table. He just picked up the knife and fork and was about to feast, but he saw Buffett's face was weird, and Bill Gates couldn't help but say:
"Lu, how can you choose 666 for IPO!"
"Ixko Smith?"
Lu Fei was startled, feeling vaguely that something was wrong. He explained the pricing considerations truthfully, and then asked: "Is there anything wrong?"
"Inappropriate, very inappropriate!"
Buffett looked serious and said that "666" may be an auspicious number in the East, but in the West, on the contrary, it represents evil and symbolizes the devil. Like "13", it is a taboo number, especially for Christians.
"Hiss~"
Lu Fei took a breath of cold air. The mixed joy he had felt before when Baidu went public, went long on gold, and became the richest man in the mainland, all disappeared. He felt like a basin of cold water was poured from head to toe, which chilled his heart and almost broke it.
Big things for penguins.
Bill Gates frowned and said: "Strange, in theory, Sequoia and Goldman Sachs are veterans. They should remind you of this taboo and not make such mistakes."
Damn it, they didn't get to the root of it at all. When it comes to cultural differences, don't you understand it?
Lu Fei raised his eyebrows suddenly, feeling shocked and confused. Did Goldman Sachs and Sequoia forget to say it, or did they not want to say it?
His brain was running at high speed, reviewing every detail of the meeting. Sequoia at least persuaded him in a roundabout way, as for Goldman Sachs...
"Lu, you need to change the IPO price as soon as possible."
Buffett made the suggestion in good faith.
"If you were me, what price would you set?"
Lu Fei exhaled a breath, feeling relieved as if he had survived a disaster.
Bill Gates recommended: "77 US dollars, or 77.7 US dollars, 777 is a god-like number, which means perfection, such as Boeing's 747, 777..."
"I'll forget it."
Buffett shook his head and laughed: "I only know that Penguin is an 'extraordinary Internet company', but everyone knows that I have no research on technology stocks, so I will not give casual advice. Of course, I also choose not to invest in Penguin."
Bill Gates glanced at Lu Fei, shrugged his shoulders, and his eyes suggested that he had nothing to do and could only seek happiness for himself.
Lu Fei asked curiously: "Warren, I want to know why you don't like investing in technology stocks?"
"It's not that I don't like it, it's that I'm not good at it."
Buffett spoke softly and patiently explained that companies like Yahoo and Penguin are the most difficult to value and cannot determine their performance in the next 5 or 10 years because it is difficult for most high-tech companies to have long-term stability without being surpassed.
profit guarantee.
"The instability is too high, and it is difficult to be like Coca-Cola. The same taste of Coca-Cola 70 years ago will still be loved by some people 50 years later, but the Windows system used now will not be the same in 20 or 30 years."
No one uses it anymore?”
"Hey Warren, I'm still here!"
Bill Gates pretended to be serious and kept a straight face.
"Haha, it's a joke, but you all know that this is not just a joke, right?" Buffett smiled and waved his hand. People need to be self-aware, know their own capabilities, and strictly abide by the investment principle of not doing what they don't understand.
"Haha, although he didn't invest in Microsoft, he invested in Steve Jobs's Apple." Bill Gates rolled his eyes at his friend who was both a teacher and a friend in annoyance.
"Gates, if it were me, I would be the same."
Lu Feidao: "If I make money by investing in Microsoft, people will say that I took advantage of inside information. If I don't make money by investing in Microsoft, people will laugh at my investment failure."
"That's right! And Apple is a consumer stock, not a technology stock. For me, it is much easier to figure out the value of Apple than to figure out Microsoft and Penguin."
Buffett cast an appreciative and apologetic look.
"It's okay, Lu, I'm willing to vote for you."
Bill Gates patted Lu Fei on the shoulder.
"Thank you for your vote of confidence."
Lu Fei is not depressed and continues to fight for Buffett's crucial vote. Everything must be viewed dialectically from both sides. The God of Gamblers does not invest in technology stocks, but precisely because he never invests in technology stocks, the first technology stock has the "sensational" horror
Powerful.
So he greeted the man and said, "Warren, you can actually think of Penguin as a quarter of gaming and entertainment stocks."
"Game entertainment stocks?"
Buffett was startled, extremely surprised.
Seeing his old friend's interest, Bill Gates also chimed in and said: "Just like Blizzard, which Microsoft acquired before, it developed a game called "World of Warcraft" that became popular all over the world. Penguin got an agent from China, and its Line
I got an agent in Southeast Asia and will launch a self-developed game soon, called..."
Lu Fei said: "Plants vs. Zombies."
"Yes, "Plants vs. Zombies"!"
Bill Gates said: "The PC version will be released soon. If the results are good, it will be included in Microsoft's GamePass. Warren, this 'game library' concept inspired Ballmer. Microsoft and Penguin are very likely to develop games."
Establish cooperation with one equipment vendor and one content vendor."
"Any more? Go on."
Buffett touched his chin.
"In order to protect Penguin after it is launched, we will launch two games successively, a stand-alone game like this, and an online game that is in internal testing called "Dungeon and Fighter" (launched in 2005).
Lu Fei is not worried that Buffett is not interested in game stocks. In his previous life, he also bet heavily on the game sector. Just after investing in Activision Blizzard, Microsoft announced a US$68.7 billion acquisition. It is difficult to say that there are no tricks in it.
People believe.
After all, Buffett and Bill Gates are best friends.
If Blizzard hadn't caught up with CEO Bobby Kotick to commit suicide, Blizzard would have committed the sin of arrogance, and this money would have been a bloody profit!
Under the "group deception" of Bill Gates, Buffett finally relented and agreed to spend the most energy and time studying Penguin these days, promising that if Penguin was worth it, he would definitely invest.
"Thank you, cheers."
Lu Fei nodded with satisfaction.
"Wait a minute, I think it's time to drink Coke."
Buffett's eyes flashed with a sly look.
Bill Gates advised: "Warren, don't forget your disease. The Nutrition Association can't stand it, and even wrote to you specifically, suggesting eating more broccoli and lettuce and drinking less Coke..."
"I only drink 5 cans of Coke a day... 3 cans during the day and 2 cans at night, is that a lot?" Buffett was very puzzled, "You drink a lot more than me, Gates."
"No one can say no to Coke."
Lu Fei clicked the bell and asked the waiter to deliver 3 cans of Coke.
The waiter lost his ability on the spot and looked confused. The richest man in the world, the second richest man in the world and the god of stocks, the richest man in mainland China, don’t drink Romanee-Conti, don’t drink Patus, what kind of Coke?
"Don't go up yet, I'll ask the boss."
The manager hesitated and called for instructions.
…………
In the splendid mansion, a giant marble fountain stands in the center of the living room. Melania is sitting on the sofa, checking the list one by one and carefully checking the wedding guests.
"Hani~"
Wang Dong was wearing a bathrobe, arranging his flowing golden hair with one hand, and holding the phone with the other: "No matter how busy you are, you must attend my wedding no matter what. I am your daddy, and Melania is your stepmother. Hello.
Oh, I’m tired of logging!”
"Dad, New Line has been pushing for "Saw 2". I have to find Huaxia Lu quickly and have a good talk with him."
Ivanka declined politely on the phone.
"Don't use the small job you have as an excuse. Is your film company Disney or Warner? You are not working for white people, you are working for Guinness. This resume is not a bonus, it is simply a big stain.
!”
"Dad, that's not an ordinary Guanizi, that's Huaxia Lu! Didn't we agree before?" Ivanka was speechless for a moment, knowing that Wang relied on following Mr. Feng Lu and made a fortune in gold.
"Huaxia Lu, Huaxia Lu, his name is spread everywhere in New York now, don't tell me about this person!"
The King understands that his mouth is sour.
Ivanka recounted her treasures: "The market value of the Baidu he just invested is close to US$4 billion. He just made a rumored profit of US$8.9 billion in gold delivery in August... He is now the richest man in China."
"Isn't the richest man in China Victor Li (Li Huanggua)?"
"Dad, you actually know China?"
"Of course, no one knows Chui better than me!"
The king is getting more and more unhappy. His daughter has changed. In the past, she only admired me, but now she always has another man on her lips!
Fuxk! I feel like ntr inexplicably.
"GuluGulu~"
He raised his neck and drank Coke, trying to make himself happy with Feizhai Happy Water.
"Dingle bell, jingle bell~"
After Melania got through, she immediately sent: "Dear, it's about your hotel."
"I have several hotels, which one do you want to talk about?"
Wang Dong burped, and then heard that Buffett and Bill Gates were coming to the hotel today, and his expression suddenly changed, "Come on! Successful people all drink Coke, don't I also like to drink Coke, but when I go up, I would like to give you another bottle."
Wine, just in my name."
Then he ran to the bedroom, looking for clothes, and said, "I'll send them to you when I get to the hotel, do you hear me?"
The manager did not dare to disobey, "Yes, boss!"
Understanding King asked: "By the way, you said 3 cans of Coke, who is the other one for?"
"It seems to be the Chinese guy who's been in the limelight recently."
"Huaxia people? Huaxia Continent!"
King Dong immediately pouted, looking unhappy like an old child, but he was not happy at all, so he changed his clothes quickly.
Especially the red scarf on the chest is extremely bright.
………
"cheers."
Lu Fei drank Coca-Cola with Bill Gates and Buffett, staring blankly at the staff and diners who were either rich or expensive.
I have never seen this scene before!
"Ding!"
"Ding ding!"
The bells were ringing one after another, and from time to time, a table of guests would ask for a cup of Coke out of nowhere. The vice president of Pepsi-Cola not far away had no appetite and was unspeakably sour——
How much does Coca-Cola give you? I give you double from Pepsi, but I can’t afford it...
"It's rare to come to New York, where will we go in the second half?"
The voiceover of Bill Gates' words is naturally for fun.
Buffett said: "Ahem, you and Lu go. I'm going back to find Munger to study Penguin and the stocks Lu recommended to me, such as 'Biyadi', is that how you pronounce it?"
"BYD."
Lu Fei patiently corrected him. This meal was full of personal goods. One meal had the effect of a hundred meals, but he was a little full after drinking Coke.
"Okay, Lu, let's go for a walk."
Bill Gates looked sideways, with that **** look, he must be either stripping, going to a club, or a nightclub.
"Gates, timing, timing."
Lu Fei pretended to cough and secretly reminded him that going to these places during the critical period of listing is not just looking for shit!
"Oh, Sauri, I forgot."
Bill Gates sighed with regret. It was rare for him to escape Melinda's surveillance and take a breather. Of course he had to indulge.
At this moment, the manager came over:
"Gentlemen, this Screaming Eagle was specially sent to me by our chairman when he heard that you three were dining in the hotel. It is not that old, but it is of high quality. The key is that it is produced in the United States...
Open it, gentlemen?"
"Open."
Lu Fei looked at them, and they all nodded in unison. The scene must be done well. Shouldn't you be punished with a drink if you don't toast?
It took time to save wine, so the three of them chatted for a while.
Suddenly, in the middle of his sentence, Bill Gates pursed his lips and said, "Look, who's here."
Lu Fei turned around in response, the figure reflected in his eyes was a bit funny, "Y.M.C.A" could not help but resound in his mind, and the corners of his mouth raised crazily.