Chapter 1201 Capital Operation

Zhou Buqi has little interest in SpaceX.

It's not that you don't make money, but that it's a bad thing.

This is not an ordinary commercial project, it involves aerospace engineering, and there is a lot of confidentiality. Even if it is a private company, the authorities will have strict controls.

Now that the company is going bankrupt, the scrutiny may be weak.

There will be too many troubles when we start to do it in the future.

However, if there is an investment opportunity, it is not impossible to participate. The big deal is that after a few years, SpaceX will start to do it, and even the rocket recovery technology that shocked the world has been developed and matured, so it's good to quit.

Zhou Buqi will have a lot of investments in the United States, and there is no need for this project to be targeted by the regulatory authorities, like a thief.

Chen Ran obviously couldn't understand.

In the evening, she stayed in Silicon Valley and treated Zhou Buqi to dinner by the way. Seeing the two beautiful little secretaries beside him, he couldn't laugh or cry for a while.

I thought how great and profound he was, and he was just a young man with normal feelings.

Chen Ran is in his fifties this year, and has grandchildren. In the past few years, he has served the wealthy in California and handled some financial matters, including sending money to women raised outside. He has already seen through these things .

What she cares about is the investment tendency of this young rich man.

Investing in Tesla can be understood by biting your teeth.

Invest in SpaceX?

Are you crazy?

Comrade Xiao Zhou, you have been fooled by the old American horse!

I ate Spanish food for dinner, with a lot of seafood, and the taste was quite good. Knowing her doubts, Zhou Buqi smiled and said, "Don't forget, this is what I do. Compared with other fields, the technology industry is a risk The largest industry, even Mr. Buffett dare not invest in it. But I am different, I am a professional. If you have a chance, you can go to Ziweixing to have a look.”

Chen Ran has been married to the United States for almost 30 years. She was one of the first to study abroad. She smiled and said, "You don't need to go back to China, you have heard about it in the United States."

Zhou Buqi said: "I don't know about other industries, but I am very confident in the technology industry. Whether it is Tesla or Netflix, both have great prospects. When this wave of things is over, if there is still extra funds, You can continue to buy stocks in some technology companies.”

Chen Ran's heart tightened slightly, "Everyone has fallen miserably. Except for hard-core giants such as Microsoft and Oracle, Internet companies have all been cut in half."

Very sensitive right now.

The bubble crisis of the past few years is vivid in my mind. Technology companies have died in large numbers, and half of the listed Internet companies have disappeared. Also because of this, Internet companies are bad-mouthing.

Zhou Buqi said: "Because it was cut in half, it's easy to buy the bottom. It's a pity that you don't have enough cash in hand, otherwise you should buy more bottoms at this time, sweep as much as possible in the secondary market, and you are guaranteed to make a lot of money."

Chen Ran raised his eyebrows, "Really?"

Zhou Buqi smiled and said, "Okay, if you have cash in hand, you can buy some. Amazon, Google, Microsoft, Apple are all fine."

Regardless of his current net worth and wealth, it is mainly based on Ziweixing's valuation, which is all false.

If the company is not listed, the stock cannot be cashed out, nor can it go to the bank for a loan.

The funds at his disposal are limited.

There is quite a lot of money in Ziweixing's account, but it is the company's money. Using the company's money to buy other companies' stocks in the secondary market is an investment company, not a technology company.

Chen Ran is really professional, and suggested: "Mr. Zhou, why do you have to use your own money when you invest? You have such a great reputation. If you want to hype it a little bit, there should be people who are willing to pay you and let you help invest. Is it a lot?"

"Um?"

Zhou Buqi paused the fork in his hand and looked up at her.

Chen Randao: "You are so confident, you can start a private equity fund and let others invest in you. Then you invest with other people's money. You can get a certain management fee and a certain percentage of profit dividends." Hmm... In your capacity, even if you want a 25% or 30% profit dividend, many people will definitely be willing."

The 37% revenue share is the highest ratio in the industry.

In other words, other people paid Zhou Buqi to help him invest. The investment successfully earned 100 yuan, of which 30 yuan was a weekly commission.

The highest state of doing business is empty gloves.

For example, Disneyland, whether it is going to Tokyo, Hong Kong Island, Paris, or Magic City, Disney does not need to pay a penny, just a brand is enough. The construction investment of the paradise project is borne by others. We share the money we make.

The same goes for private equity funds.

It is enough for the fund manager to provide talent and ability, and others will contribute the money, and everyone will share the money they make.

But the problem is...

Zhou is not an entrepreneur, let him enter the financial market and become a fund manager?

Well……

It seems that it is not impossible.

Establishing a private equity fund can maximize his foresight. He does not need to be like other fund managers, busy every day, researching, inspecting, and constantly operating stocks, buying or selling...

If you let him do it, it's very simple!

After the money comes in, don't choose opportunities at all, don't do research, and don't need to control positions. Honestly, without leverage, they went up and bought stocks of technology companies such as Apple, Microsoft, Google, Amazon, Facebook, Penguin, Blizzard, Qualcomm, ASML, and Nvidia.

Hold for a long time without moving.

Then, just wait for the big bucks.

If the scale of funds under management is 10 billion U.S. dollars and grows from 10 billion U.S. dollars to 100 billion U.S. dollars, you can earn 30 billion U.S. dollars just through dividends.

You don't need to spend a penny.

He doesn't even need to manage the fund, he finds a few professional traders, and according to his own requirements, buys as soon as he has funds, and keeps buying... saving time and effort, and not delaying anything.

Depend on!

Sure enough, I still play finance to make money.

You don't have to do anything, just buy good stocks and wait to get rich. This is really the ultimate use of foresight.

For a while, Zhou Buqi lost even the mood to eat.

The mood is very complicated.

It's not easy to decide.

Chen Ran is a senior accountant, and her job is to deal with money. Of course she hoped, hesitated, and said softly, "Mr. Zhou, I want to resign."

"Ah?" Zhou Buqi was stunned for a moment, "Is it my problem?"

Chen Ran quickly smiled and said, "No, you misunderstood. I'm not trying to quit your job, I'm trying to quit my job at PricewaterhouseCoopers."

"Oh why?"

"The financial crisis, the firm is laying off employees, and everyone is fighting fiercely. I am getting old and will retire in a few years, so I don't want to compete with young people."

"You mean..." Zhou Buqi understood her meaning immediately, "You mean you want to be my full-time financial assistant?"

Chen Ran nodded, "I have three clients now. I plan to hand over those two clients to my colleagues and then leave. I can help you manage family funds, or... If you intend to set up a private equity fund If so, I would also like to join."

Zhou Buqi couldn't laugh or cry.

He hasn't made a decision yet, and the other party has arranged the next work.

"I will support your decision. If you really want to be my full-time financial advisor, I can increase my salary to $1.2 million per year."

"OK, thanks."

"However, the matter of private equity funds is more complicated and involves all aspects. I have to think about it later."

...

The more Zhou Buqi thought about it, the more he felt that there was something wrong with the private equity fund.

This is living money!

He does not receive salary from Ziweixing, and as a major shareholder, he has to be responsible and cannot cash out the stock at will. Therefore, many rich people will often have "accidents", and it will be revealed how many assets have been frozen. The reason is that the rich have no money and cannot cash out their stocks, so they can only mortgage their stocks to bank loans.

Once the economic downturn or a black swan event occurs, causing the stock price to plummet, the bank will freeze or even confiscate the stock in order to avoid losses.

Some time ago, Zhou Buqi borrowed 100 million yuan from Mengniu’s Niu Zong, not to help him get back the control of the company, but to help him replenish the bank’s margin so that he can get the shares back.

No matter how high the value of the stock is, it is only paper wealth. If you want to have the highest return, you have to hold it for a long time. If you hold it for a long time, the living money that you can use at will is very important.

As the backbone of the Zhou family, the task of making money was left to Zhou Buqi. Dad wants to buy a Premier League giants team. It is impossible to make money in this business. Every year, 100 million US dollars is invested in buying players.

To be in the upper class, one must have a private yacht, a winery, and luxury real estate all over the world.

Get a private equity fund.

Not to mention anything else, the annual management fee and revenue share are enough for daily pocket expenses.

This matter can be considered!

However, there are still a lot of funds in the account next week, so I will allocate my personal wealth first, and then help others to do asset allocation.

The next day, Musk was going to New York to communicate with Tesla shareholders about the new financing.

It just so happened that Zhou Buqi was also going to New York.

Just flew over in his private jet together.

Zhou Buqi went to New York because he wanted to meet the world's largest private equity management funds, Capital Research Fund, Pioneer Pilot Group and Black Rock Group.

According to public documents, these three funds are the top three investment institutions of Netflix, holding 8.6%, 7.8% and 6.5% of the shares respectively.

All three agencies were reached through Goldman Sachs.

It is a private operation.

The operation of Netflix's board of directors.

There is no way, it is a financial crisis right now, and the capital side has to think for itself. Especially for private equity funds, there are many opinions on management. Because Zhou Buqi also intends to make a wave, so I read some detailed materials.

This kind of large-scale private equity funds all have guaranteed annualized returns.

For example, Vanguard Group, in addition to the annual 2% management fee, 0.25% custody fee, and 1.5% subscription fee, also has a 20% excess profit share.

Excess profit means that the annualized rate should exceed 8%.

If the annual income is less than 8%, the profit will not be shared. Only if it exceeds 8%, will the fund manager be paid dividends.

There is room for manipulation here.

Right now is the economic crisis, asset investment losses are serious. However, such super-large funds are divided into several periods and types, and are divided into different investment types, such as bond funds, active funds, index funds, passive funds, and so on.

Some of the losses are serious, so there is no way to save them, and they can only earn management fees honestly.

Some funds are salvageable.

For example, the annualized return is 6% or 7%. Through a series of operations, it is possible to achieve an annualized return of more than 8% in the last two months of this year. In this way, the fund side can get a 20% profit dividend.

Zhou Buqi also took a fancy to this, so he took the initiative to attack!

Investing in Netflix is ​​not only for value-added investment to earn income, but more importantly for strategic operation. This is a video website, and if it works well, it is likely to form a strategic complement to Ziweixing's business.

It is not enough to just scan the goods in the secondary market, we have to start from the primary market!