"Lehman's bankruptcy triggered the largest P2P thunderstorm! Hundreds of thousands of families and thousands of funds were implicated!"
"The collapse of Lehman ripped off the last fig leaf of the subprime mortgage crisis. People's distrust in the banking industry has reached an all-time high. Demonstrations on Wall Street will continue."
"Merrill Lynch and Bank of America reached an agreement on a purchase price of US$29 per share, and Merrill Lynch sold the company to Bank of America for US$50 billion in a share exchange to save itself."
"..."
The highlight of the newspapers these days is focused on the subprime mortgage crisis.
Because "The Big Short" successively predicted the Bear Stearns moment and the Lehman moment, it was already on the verge of falling out of the top 10 bestseller lists of the New York Times and Amazon, but suddenly it returned to the top of the list.
Everyone wants to find a way to survive.
Even want to find opportunities to make a fortune!
ABBC, CBS, BBC, Fox, and more and more TV stations are sending interview invitations to Lewis and Lu Fei.
But he rejected them all on the grounds that "I have many things to do, and I want to focus all my energy on investment (robbery)."
In fact, it's really not an excuse.
“What’s the share price of Elpida?”
"Qimonda, where is Infineon?"
"Transmeta? Are you sure it was Su Zifeng who said that? Just do what she wants and acquire this small CPU factory that filed for bankruptcy to enhance our technology storage in the mid- to low-end commercial market."
"Mr. Lu, NVIDIA's stock price has dropped from US$37 to US$20. Should we start building a position?"
"Don't worry, wait a little longer until it drops below $10."
After listening to Guo Xing's report, Lu Fei asked about his arrival card.
"The situation is developing as we expected."
Guo Xing said with a smile: "Laika has been on the verge of bankruptcy over the years. The shareholder changes have been like a revolving door, but it is still losing money all year round. There is no hope of turning losses into profits. Hermès shareholders have been unable to bear it and are ready to sell out and exit."
"About how many?"
"According to the information we have, it accounts for at least 40%."
"What's your opinion on Laika?"
"Of course I wish for it. I wish I could bring in Logic as a shareholder and form a strategic partner."
Guo Xingdao: "So I cherish this opportunity to cooperate with us on lphone4. Not only did they open up their optical camera imaging patents, but they also sent a team to work with our engineers and mathematicians to create products that meet their production standards and factory standards."
'Card authentication' footage."
"Very good, pay close attention to Laika's movements."
Lu Fei is quite satisfied. The cooperation between the two parties, just like Huawei and Laika, belongs to Qin Shihuang looking in the mirror——
Win-win!
As a giant in the field of photography, Lyca has been developing for hundreds of years. Although it has a wealth of optical imaging patents, in the information age, there is an urgent need for digitization, otherwise it will be replaced by emerging technologies and algorithms and completely eliminated from the market.
Logical joining will help digitize Laika's patented imaging technology, form a unique algorithm, and then apply it to mobile phone cameras. It will continue to iterate and realize most of the functions of a SLR.
More importantly, by relying on the global sales of logic phones, you can make money and gain fame, so why not?
Logic is even less disadvantaged.
Camera-certified lenses not only improve the shooting performance of mobile phones, but also differentiate themselves from competitors such as Nokia, Apple, and Samsung. In particular, they set the tone for the Logic series of cameras.
Moreover, by cooperating with a century-old store, the sentiment and style are instantly filled, the quality has gone up, the brand has gained a premium, and the money earned has increased.
What's more, through Laika, we have figured out a logical and unique set of technology patents and R&D systems for optics, imaging, software and hardware.
"However, Laika still has objections to the photolithography machine."
Guo Xing said: "After all, their financial situation is very unhealthy, and now they are caught up in the subprime mortgage and economic crisis."
"Then we'll wait until we become Laika's largest shareholder, join the board of directors, and gain management rights."
Lu Fei's investment in Laika is not just for mobile phone lenses and cameras. The key point is that although Laika is a camera giant, the lenses it produces are also a vital part of photolithography machines.
High-end lithography machines integrate the research, development and application of a series of comprehensive technologies such as physics, optics and chemistry.
DUV lithography machines use short-wave ultraviolet light.
The EUV lithography machine is extreme ultraviolet light.
If the light source and the reflective lens of the lithography machine cannot be solved, it is basically impossible for domestic lithography machines to catch up with AMSL.
It just so happens that the best in the world is Zeiss.
It is difficult for optical giants such as Hasselblad and Leica, which mainly manufacture cameras, to match it, let alone China, which is almost blank.
But when Zeiss cooperates with AMSL, the logic can only be between Hasselblad and Leica, choosing Leica as an ally in the optical technology of lithography machines to break through high-end optical lenses and advanced optical systems.
The deal was done, it was Qin Shihuang's turn on the switch -
What a win!
"Actually, it mainly depends on the sales volume of iPhone 4."
Guo Xing smiled and said: "If it sells well, all subsequent cooperation and equity investment will be a matter of course. The cost is conservatively estimated to be 300 to 400 million U.S. dollars."
"Money is not an issue, the key is to keep it confidential."
Lu Fei did not want to alert the enemy and miss a great opportunity to harvest German and even European industry.
The three computers in front of me were showing U.S. stocks, German stocks, and Hong Kong stocks respectively. The screen was red and blood was flowing, and it was too horrible to look at.
Apple, Amazon, Netflix...
Ahli Baba has fallen the worst, falling below 2 Hong Kong dollars.
"Dongdongdong."
Xu Xin knocked on the door and came in with big news——
A 4 trillion stimulus package is being pushed forward.
The industries covered include high-speed rail, electric power, photovoltaics, logistics, semiconductors, electronic information, e-commerce, highways, ecological medical care...
"I'll take a look first. Sit down, Sister Xin."
Lu Fei flipped through a thick stack of documents, "How is the negotiation between CICC, Jianxin and Lehman? Has the negotiation been completed?"
"An agreement has been signed."
Xu Xin sat down and said, "The second agreement is still wrangling. Don't talk about it. Ah Fei, you are really good at judging people." She said, taking out a Lucky cigarette, "For the sake of being able to get rid of themselves, Fuld and the others said
No. 105 and 108 bonds were repurchased. In order to find the next job, they were willing to sell out any interests, including Lehman’s high-quality assets and business.”
"Sister Xin, you who work in finance don't know that only selfish people with a vacuum of moral integrity can live happily on Wall Street and survive for a long time."
Lu Fei shrugged.
Xu Xin readily agreed, "Indeed! What does Lehman's life and death have to do with them? They are just high-level workers. They don't regard the company as their home at all. They can earn as much as they can. This is not the severance package for senior executives. It's just Fuld alone."
, more than 50 million US dollars!"
"This is the 'work ethic' of Wall Street."
Lu Fei took a pencil and drew circles on the paper.
"What a professional ethics! Then how do you plan to arrange these people?" Xu Xin firmly disagreed with absorbing them into the Trisolaris Fund, especially the Lu Family Office.
"I would recommend them to Silicon Valley Bank."
"Hey, it's really a good place there. We are a big customer of Silicon Valley Bank, so it shouldn't be too difficult."
"Silicon Valley Bank cannot cooperate for too long. After all, American banks are so unreliable."
A disdainful smile appeared at the corner of Lu Fei's mouth.
At this moment, Henry Paulson's call came in. In a rare move, he came straight to the point and said: "Lu, it's time for you to fulfill your promise. It's time to rescue Goldman Sachs."
"No problem, I won't accept it if I ask for it!" Lu Fei's mouth turned up, "Buffett just happened to ask me to play golf, we will discuss it right away."
"We've discussed it, tell us how to invest in Goldman Sachs, and David and John will try to make the deal happen."
………………
After Lehman announced it was filing for bankruptcy protection, it was inevitable that it would be surrounded by wolves and be eaten.
Barclays announced on September 17 that it would acquire Lehman's New York headquarters, two data centers and some trading assets for US$1.75 billion.
Unexpectedly, the second one to take action was the overseas banking syndicate formed by CICC, CCB, etc., which signed two consecutive agreements with Lehman, taking over Lehman’s business in the Asia-Pacific region, Europe and the Middle East.
It's simply fast, accurate and ruthless.
There is no doubt that there are experts behind the scenes!
France, Neon and other countries were envious and not to be outdone, and took action one after another to cut their own cakes.
The once glorious Lehman was dismembered and dismembered beyond recognition in less than a week.
At this point, Lehman has completely hit the bottom and will never see the light of day again. Other peers on Wall Street have no time to gloat.
Under the cover of the nest, there are completed eggs.
As the financial crisis worsened, the last two remaining banks among the five major investment banks, Goldman Sachs and Morgan Stanley, were not immune to the disaster and had to apply to convert into bank holding companies, which was quickly approved.
However, this move left the public and investors unable to pay.
Why can't Lehman apply? Why can Goldman Sachs and Morgan Stanley apply immediately? Why save one but not the other?
For a time, there were more doubts than understanding in the market.
A rumor that "Henry Paulson didn't rescue Lehman just to vent his personal anger" spread on Wall Street, which once again hit the dangerous U.S. stock market, and Goldman Sachs' stock price fell again and again.
Finally, it dropped to $100.
The gloom hanging over Wall Street has not dissipated for a long time.
Over the Augusta National Golf Course, the sky was clear and the sun was falling on the lush lawns.
I saw a golf ball drawing a beautiful parabola and landing not far from the hole. It could enter the hole with a gentle push.
"Good shot, Lu!"
Buffett smiled and clapped his hands.
"Warren, that shot you just made was not bad."
On the golf course, Lu Fei and Buffett, who was wearing a short-brimmed peaked cap, walked side by side, chatting and laughing.
"As you expected, MoneyGram's stock price has dropped by 80%. I think you will be able to propose an acquisition soon."
Buffett stopped and put his club on the ground.
"That's what I meant. Thanks to you, otherwise I wouldn't have been able to get the Committee on Foreign Investment and the Board of Directors of MoneyGram to lower their guard so easily. Don't worry, my friends won't suffer."
Lu Fei grinned.
Winning MoneyGram is equivalent to opening up the overseas market of Tenpay. The scale and scope of global cross-border payment business have expanded exponentially. Coupled with the LMS, steam and other platforms that support Tenpay, it will not take long to
Catch up with paypal.
Feigou.com will not stop at China.
We need to compete with Amazon internationally.
"The stock market crash is God's best gift to value investors. We cannot waste any of his kindness and must firmly receive the gift." Buffett showed a hint of shrewdness in his silly smile.
As expected of you!
It's so righteous to talk about taking advantage of someone's situation.
Lu Fei deliberately pretended to be stupid and said: "What gift are you referring to?"
"GE and Goldman Sachs."
Buffett said in a serious tone: "You can invest a little more of the money you earned from long positions in crude oil futures in the first half of the year."
"I just want to discuss this matter with you and listen to your opinion." Lu Fei looked like he was asking for advice humbly.
Buffett said without reservation that he would offer two investment conditions to Goldman Sachs. One is that Berkshire Hathaway invests US$2.5 billion in Goldman Sachs' preferred shares with an annual dividend of 10%.
The other is to obtain call options on Goldman Sachs stock for free, which means that within 5 years after the investment, you can buy $3 billion in common shares at a price of $110 per share.
"I want to do the same thing as you."
Lu Fei's eyes lit up and he snapped his fingers.
The current stock price fluctuates in the range of 90 to 100 US dollars. With Goldman Sachs's status and potential, and the vote of confidence from the two Eastern and Western stock gods himself and Buffett, there is basically no problem for the stock price to rise back to 150 US dollars within 5 years.
.
When the call option changes from virtual value to real value, according to conservative estimates, it will make a profit of US$1 billion to US$1.5 billion in just 2 years.
The key is to become a shareholder of Goldman Sachs!
It is also one of the top ten shareholders with voting rights!
"You have to think about it."
Buffett smiled and said: "If the government can pass Henry's rescue plan, we can make a lot of money. If the rescue plan cannot be passed, all bets will be in vain, and all our investments in Goldman Sachs and all other investments will be in vain."
"Don't worry, we still have our golden backing."
Lu Fei smiled and reminded that there is still their old friend Henry, who will let the rescue plan pass even if he kneels down to the old witch.
"Hahaha~"
Buffett readily agreed to run Goldman Sachs Investments for him.
"Will Goldman Sachs agree to this plan?"
"Do you think they have any other choice? Lu, again, don't miss the gift from God."
"You're right, Warren."
Lu Fei took the initiative to hand over the golf equipment and sleeves to the caddy, sat on the chair, and let Dayang Ma thoughtfully help him change his shoes.
Buffett chatted with him, talking about European investment and the European debt market for a while, exchanging opinions with each other, and then talking about the November election, jokingly placing bets——
Whoever loses will not be allowed to touch Coke for a month.
"I choose Lucian."
Lu Fei smiled.
Buffett was not surprised, "I heard that he used a lot of new Internet media to run for the Donkey Party candidate. It just so happened that they were mainly related to you, YouTube and Facebook."
"Maybe he succeeded and it's time to meet me."
Lu Fei said a few words in a joking tone.
The two looked at each other and smiled. Before parting, they had been "fooled into becoming a VIP member of the golf course" by him.
After changing his clothes and walking out, he saw Wang Ben standing upright and the rear driver's door had been opened by him:
"Boss, where should we go next?"
"Silicon Valley."
Lu Fei really wanted to fly to Portland to spend the National Day Golden Week with Gao Yuanyuan, but the new phone launch conference in October was just around the corner.
Logic must be the brightest star in this darkest hour!
Only then can the consumer electronics, semiconductor, telecommunications and other industries that have been hit by the subprime mortgage and economic crisis be regarded as a great savior!
Only then can we justifiably save (collect) and rescue (cut)!
