Chapter 336 Gou
Enron is now an energy company located in Houston, Texas, and its predecessors were Houston Natural Gas established in 1925 and Pacific Gas and Electric established in 1930.
In 1985, the two companies announced their merger, becoming America's second largest natural gas pipeline supplier at the time.
In 1988, they tried to expand abroad and entered the British energy market.
In 1989 and 1989, they had insufficient funds to package natural gas into a commodity and set up a natural gas bank to allow natural gas producers and wholesalers to purchase the company's natural gas supply while hedging price risks, that is, the financialization of commodities.
And in 1990, they opened futures and options trading services on the New York Stock Exchange.
Since then, Enron, an energy company, has become a financial company, because their essence is not to sell goods, but to make a lot of profits through the use of financial tools.
Of course, if it was just like this, then their licenses would have been changed a long time ago, but while taking profits, they also invested the profits they earned, or in other words, it was the same as what the national father-in-law said, "I earn money." Just like I can spend my money as I want', Enron launched a global model of buying, buying, buying—in just one year, they occupied 3% of the total electricity market in the UK. By 1994, Germany, France, They are present in the energy markets of 18 countries including Norway, Poland, India, the Philippines, Japan, Australia, and Guatemala. The sewage business swallowed it all.
In fact, Enron is also a typical example of monopolistic competition in America under the economic globalization. When global investment spreads out, the annual overseas income can account for 25% of Enron's overall income.
It is not appropriate to say that with Enron, America can earn 25 billion from other countries every year.
Although compared with the GDP of more than 10 trillion, the 25 billion is not enough at all, compared with the global share of more than 30% of GDP, the proportion of the 20 billion in the global energy market is also inconspicuous.
But a successful invasion, doesn't it mean that there are infinite possibilities?
As long as you can draw blood from other countries, it means that there is no problem with the idea of ??monopolistic competition!
So, since 1996, Enron has been continuously rated as "the most innovative company in America".
But if using financial tools to acquire companies from other countries and invading overseas markets is innovation, then Roland feels that he is the most innovative entrepreneur in the 21st century. He can easily drag out any of the three projects he is working on. Run over An Ran!
Ning, isn’t this funny!
But the current atmosphere is like this.
When Enron announced that this year's expected revenue would exceed 100 billion, their stock prices skyrocketed!
Not only that, but after seeing the soaring stock price, Enron also honestly issued a public statement, saying that the 100 billion revenue is the current expectation, and there may be a big discrepancy with next year's financial report, because they are also planning to enter the main road of Internet traffic this year. When the high-speed optical fiber network market is expected to burn a lot of money, their stock price has risen even faster!
Why?
Because the Internet represents making money!
The Internet these days is the same as the P2P in the future. It doesn’t matter whether it’s male or female, old or young, as long as you sell your business to them as the Internet, even if it’s just a little bit, they will go crazy Generally drill in!
And when the old man who sells breakfast and the old woman who sells vegetables tells you that investing in the stock market now is equivalent to picking up money for nothing, the guys who have already invested in the stock market have already started to run away—
"How much is Microsoft now?"
"Forty eight."
"How many shares do we have?"
"20.96 million shares, they conducted a one-for-two split last December."
"How about more than one billion? Throw it away! Throw it all away!"
"you sure?"
"certainly!"
"To avoid suspicion?"
"yes!"
Although under Roland's intervention, the current historical course has undergone tremendous changes, and he can no longer guarantee whether Microsoft, which wants to acquire Yahoo, will experience a sharp drop in stock price when the dot-com bubble arrives, but—
There is no harm in selling a lot.
What's more, as a former shareholder of Yahoo and a current shareholder of Microsoft, selling shares at a critical point when the founder of Yahoo is about to be kicked out of the company and Microsoft wants to propose an acquisition is actually a hedging measure.
In case this kind of insider trading is revealed in the future, Roland, who has not received any profit, can claim that he is just a victim.
As Yahoo’s Bole, he didn’t want to sell Yahoo stock, but when he chose Microsoft stock as his usual investment supplement, Microsoft, who learned the news, forced him to choose one of the two.
Because Microsoft's MSN and Yahoo are competitors.
In this case, he is more optimistic about Microsoft, he can only reluctantly sell Yahoo shares.
As for why those stocks came to Carl - Icahn's hands?
Why did Yahoo eventually get acquired by Microsoft?
He didn't know all of this.
And if someone has to accuse him of facilitating the whole transaction, then Roland can also smash their heads with the facts—
"I lost billions myself just to get Microsoft to buy Yahoo?"
"Am I beeping crazy?"
"Why didn't I make the deal myself when I knew Microsoft was capable of buying Yahoo? Just ask for more board seats, kick out the opposition, and finally sell Yahoo to Microsoft so I can still be Microsoft Where are the major shareholders!"
"Is Yahoo's stock price in 1998 and Yahoo's stock price in 2000 the same number?"
"In order for Microsoft to acquire Yahoo, I posted nearly 5 billion in it myself?"
"Do you think I'm you?"
Although this kind of reason sucks, it is enough.
Because Microsoft and Wolf King, as stakeholders, cannot take the initiative to blew themselves up.
As for putting the blame on Microsoft?
Bill Gates' old coin can tell them the decision to devour Apple's educational machine market as a notice, so Roland has no psychological pressure at all to label others.
Capital will huddle together to keep warm, but who will give their backs to others?
Since there are no eternal friends, only eternal interests, then...
At any time, it is better to live longer than to take the lead in charging.
"Then what are you going to buy after you sell it?" David on the other end of the phone asked again.
"I won't buy it for the time being. The situation is not right now. Let's see the situation."
"What? Don't buy it? Then it's a waste of nearly 10 billion cash in your account!"
"What? I still have so much cash?" Roland was stunned.
"What else?" David said in a helpless tone, "After Yahoo sold it, you bought a Marvel."
"The rest of the money has been lying in the account."
"Although you have bought a lot of land and a lot of houses over the years, that's only a fraction of your account."
"Based on your favorite Berkshire Hathaway's current share price of 44,000 yuan, after you sell Microsoft stock, you can buy 200,000 shares of stock with the money on hand .”
'Hold the grass! Forty-four thousand, 200,000 shares, isn't that 8.8 billion? '
Roland was startled.
When he thought that he had 8.8 billion in cash lying in the bank for the other party to earn storage fees, he became so angry that he didn't say anything.
For a long time, what Roland pursued was to take the money from leeks and distribute it to his own family.
And now, he is being cut off by the bank as a leek?
This, this, this...
Can't bear it!
Really can't bear it!
"Then go ahead and buy Berkshire Hathaway."
As soon as he said this, Roland realized something was wrong.
Not to mention the number of outstanding shares of Berkshire Hathaway, and their trading volume in January is only about 150,000. The number of 200,000 alone accounts for 1% of their total share capital ten.
And if he buys ten percent...
By then, the media will really not be able to treat themselves as blind!
"Forget it, let's add 60,000 shares of Berkshire Hathaway A, plus the previous 20,000 shares, we will hold a total of 80,000 shares, pushing the shareholding ratio to 4%... "
"Then you go to buy some Disney shares, no more than 5%, which is less than three billion."
"Use the remaining money to buy some Enron stock. Isn't this company very popular now? Buy it for fun."
Although Enron’s stock price plummeted directly due to financial fraud, their stock price was still very strong before the financial fraud case broke out, doubling within six months.
In this case, buying some Enron stocks appropriately is equivalent to earning some pocket money.
Invest 500 million in it, collect 1 billion out, deduct the taxes and fees brought by short-term speculation, and the remaining few hundred million can not only offset the wedding expenses, but also earn money for diapers for future children.
well! Is this the trouble of married men?
The pressure is really great!
My head is going to be bald!
Just when Roland was hiding in the corner, talking to David about a serious topic that could no longer be serious like a thief, he shouted, which almost didn't scare his life away—"Roland~ Roland? Roland!"
"Hey! I'm here! I'm here!"
Hearing his wife calling him again, Roland, who wanted to chat a little more, hastily hung up the phone with David.
And when he followed the sound into the fitting room, the figure in a lace wedding dress with a white and beautiful back firmly caught his attention. Although he had seen it many times, to be honest, every time he changed , will make people feel fresh.
"Why did you go? When I went in to change clothes, you were still sitting here. Why did you disappear when I came out?"
The questioning words made Roland look back, and when he found that the woman with her back to him was observing his actions through the mirror, the excited smile because of the lingering gaze made Roland purse his lips.
"I'm going out to answer a call." Roland raised his phone and shook it, explaining, "David called, asking about the renovation."
"Oh~" Kate smiled and elongated her voice, not believing what the stinky man said at all.
Because Roland hates wasting time on trivial things like decoration, whenever he encounters this kind of problem, he will always shirk the matter to Kate with the reason of 'what my wife likes is what I like', so...
Whenever he disappears, it's more likely to be talking about work.
Although Roland has repeatedly stated that he will listen to Kate for the next nine months.
But Kate doesn't think that Roland can really put down his career.
Therefore, even though she guessed the reason for Roland's departure, she didn't mean to pierce it, but smoothed the veil back with a smile, "I thought you went to the bathroom, if you really went to the bathroom, then you must Wash your hands before touching me."
Such words made Roland, who hated being questioned, laughed.
Putting his hands to the tip of his nose, he pretended to sniff, and then said, "I don't think I stink!"
"Ah, did you really go to the toilet? Haven't washed your hands yet? Then stay away from me!"
Kate screamed with disgust on her face.
Roland leaned forward, as if presenting the facts and reasoning, and sent his hand in front of Kate.
"It doesn't stink! If you don't believe me, smell it!"
"Go away! I don't smell it!"
Kate dodges left and right.
Roland continued to approach.
"We've been here for more than 1,500 days, aren't you used to these things? I don't even despise you!"
"I despise you!"
"Wow! I'm not convinced when you say that! It seems that I was too kind to you before, and I must teach you a lesson today!"
"Ah! Don't come here!"
"No! I'm coming!"
Two childish ghosts started fighting in the locker room.
The sound made by ?? embarrassed the staff who were waiting outside to be summoned.
Although I have worked in the bridal shop for so many years, I have met many newcomers with status, and they have been soaking in honeypots for a long time and eating dog food, but the relationship between those guys is not as good as the couple in the house now...
Although the other couples are also close, none of them can joke around like Roland and Kate.
Just when the staff lamented that love without a sense of class is so beautiful, in the closed room, the winner has already been decided. Roland leaned against the corner, holding Kate's waist, and Kate sat on Roland's lap up, grabbing his neck.
The veil draped at the back was flipped to the front because of the fight between the two.
The hazy cover couldn't block the sight of the two, and Kate's breath made the tulle undulate.
Up, down, up again, down again...
This regular movement made Roland smile and squint his eyes, open his lips slightly, and keep blowing air, trying to make the veil and Kate's cheeks fit perfectly, and this behavior made Kate grit his teeth and respond in the same way, Want to blow up the veil.
In an instant, there was a sound of puff, puff, puff, puff in the room.
Competitive stupidity made the veil, which symbolizes youth and purity, flutter like unwanted seaweed, and when Kate blew it up with force, the high-raised veil seemed to be uncovered. Let the two have no obstacles at all.
Looking at the familiar face, pouting and blowing, the distorted facial features made Roland laugh heartily, and when he realized that the raised veil was about to fall because Newton couldn't lift the coffin, his head was also in time. leaned over.
When the veil fell again, this time, it covered two people.
"You're so stupid." The villain Roland, who pressed his forehead tightly, complained first.
"Oh, it makes you look very smart." Kate snorted lightly, her face not swollen.
Before the words fell, the two were amused by their childish words, and giggled.
At the same time, the arms of the two also tacitly tightened.
When the close hug spread around, Roland suddenly kissed Kate on the nose.
"It's so relaxing to be with you."
Kate also responded, kissing Roland's chin, "Me too."
The gentle response caused Roland to tilt his head slightly. When he found the fiery red lips by feeling, the next step—
That's the content of the bullet screen "pay to watch".
Note: ①Although the Internet bubble caused the Nasdaq index to plummet, companies based on industry and developing the Internet were basically not affected. Enron’s stock price did not fall much, and it still skyrocketed later, while Berkshire- When the bubble burst, Hathaway's stock price soared. ②Enron actually had many problems. When it closed down, the chairman of the Elephant Party was Enron’s lawyer, the White House’s senior advisor was Enron’s advisor, and the Attorney General took Enron’s campaign funds when he took office. The commander-in-chief has Enron's share in campaign funds and war funds. The point is, when he was the governor of Texas, he received Enron's money. In this case, Enron was quickly killed after the scandal was exposed, and after that...Warren Buffett really benefited, he stole all of Enron's valuable energy assets at low prices. According to the normal process, An Ran shouldn't die so quickly, but there's no way... If it doesn't die, the donkey party will shoot.
(end of this chapter)
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