Start with hooves

Chapter 228 [-] Million Dollars
In this January of 2009.

Officials in Washington once again made it clear that they will cover the bottom line for subprime mortgage products. The crisis has passed and the market is recovering.

Rich people are good at borrowing money to make money.

Under the premise that there are many opportunities and a considerable grasp, if you can make money from the bank for investment but do not borrow it, it is almost the same as losing money yourself.

Su Rui occasionally thinks about where to invest next.

The money invested in Tesla is just for financing, so you don’t have to worry too much about being a throw-away shareholder who has no right to speak.

Fisker, which also makes cars, needs Su Rui to pay for it in the early stage.

Although R&D and building cars are very expensive, fortunately, you don’t need to spend so much at once in the short term. Even Elon Musk dares to build cars. For Suri, who has more money, the pressure is naturally not too great.

If you count your assets and put them together.

Mortgage of Lanai Island and Facebook shares, according to the bank's regulations, generally gives a [-]% discount on the basis of the appraised value, and the loan can be almost [-] million US dollars.

This does not include the equity of Netflix Entertainment, which suddenly became valuable.

Although various institutions are sending people to investigate one after another, and have not yet given the latest valuation forecast results, but it has just been established for about three months, and it has more than 200 million paying users, and its monthly revenue has exceeded [-] million US dollars, and it is growing at a high speed. rising period.

Some analysts in Silicon Valley gave it a conservative valuation of 20 billion US dollars, mainly because the establishment time is too short, and the shooting cost of self-produced dramas is relatively high, which may affect profit margins.

If we wait and see for a period of time, the user scale will continue to rise in the future, and we are sure that the Internet TV road will really work, then its valuation will rise sharply again.

three months ago.

The 2 million US dollars invested by Su Rui has now become 5000 billion US dollars. If you encounter a large company that is willing to buy at a premium, it may be even more valuable.

The start was more perfect than expected. The company has generated revenue, and there is no need to continue financing in the short term.

Su Rui has no worries and is extremely rich, so he naturally focuses on Apple, which has been suffering from internal and external troubles recently and is not lucky.

Internal worries refer to the health problems of the company's CEO Jobs, unable to find new profit growth points, and the revenue in the fourth quarter of last year fell short of expectations.

Foreign invasion refers to mobile phones equipped with the Android operating system, which have already come out, and companies such as Nokia, Motorola, and Microsoft have also successively announced their entry into the smartphone industry, or expressed interest in this industry.

Coupled with the impact of the financial crisis, Apple, whose market value had soared in the past few years, has seen its stock price plummet in the past few months, giving Su Rui another chance to get in the car.

Assets such as Netflix Entertainment, Tesla, and Fisker are already relatively aggressive and carry a certain risk of loss.

From a cost-performance perspective, Apple shares are undoubtedly very attractive.

After you buy it, you don’t even have to worry about it at all, just lie down and eat dividends every year, and just wait for its stock price to rise.

I learned that Su Rui will meet with people from the bank later, and plans to borrow about 9 million US dollars.

Daddario almost choked on his own saliva, and asked tentatively:
"Can I go with you? I've never seen such a big scene. There's a long string of numbers, more than my mobile phone number."

Mobile phone numbers in the United States are generally 10 digits.

The beginning of 9 million dollars is 9, and the loan amount is indeed larger than the number starting with 0 in D'Addario.

Su Rui asked suspiciously, "Where are you going?"

"Go to the bank, didn't you say you want to meet with the bankers?" "The representatives of Goldman Sachs came to me directly. I have worked with David Levin many times. He used to be only responsible for the business in the Silicon Valley area, and now he has been promoted. ”

The reason why Su Rui chose Goldman Sachs to cooperate was that it was more convenient. After getting the loan, he opened an account directly and asked them to help him build a position.

It is very convenient for retail investors to buy and sell stocks, but this time he plans to hold hundreds of millions of shares, which is a bit troublesome to operate. Sweeping goods from the circulation market will easily push up the stock price.

With the help of Goldman Sachs' platform, maybe a phone call can be done. This company itself holds many Apple shares...

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Even for Goldman Sachs, loan projects with such a large amount are not common, and generally involve corporate restructuring, mergers and acquisitions.

When David Levin, a senior partner of Goldman Sachs, took a few assistants, he flew all the way from Silicon Valley.

He first stretched out his hand to Su Rui from a long distance away, smiled from ear to ear, and said:

"We met again! You can always surprise me. Larry Ellison from Oracle originally asked me to play golf. After I answered your call, I immediately rejected the party with him. It didn't take a minute. hold up!"

Suri smiled and said:
"Since my father, our family has been cooperating with you. The amount involved this time is a bit large. I'm afraid I can't explain it clearly on the phone. I think it's better to meet each other."

David Levine cut to the chase, asking him:
"Is the project you mentioned on the phone serious? From the perspective of your father and friend, I want to tell you that if you speculate in the short term, futures and stock options are more economical and more flexible."

Su Rui touched his chin, thought about it and said:
"It is estimated that it will be held for more than ten years, and maybe 15 years. During this period, it should be rarely touched."

"That's no problem, the loan interest rate is very good now, and I predict that the low interest rate will remain low for a few years."

David Levine walked with Suri, and the two sat under umbrellas by the pool.

Su Rui then told: "I will let my people keep in touch with you, anyway, I can borrow as much as I can."

The loan is used to invest in stocks. Since there are enough assets as collateral, the operation is very simple.

David Levine nodded and reminded:
"If you want to borrow more money, you can pledge the Apple shares you hold at that time, and you can get a credit line of several hundred million dollars more."

"Now Netflix Entertainment has become the most valuable asset in your hands, which is about the same value as Facebook shares. Everyone in Silicon Valley is talking about you these days. Fortunately, I have paid attention to Netflix Entertainment very early. Netflix’s parent company got about 7% of the equity, it’s crazy.”

"Su Rui, to be honest, if it were someone else, I would advise you to be more cautious. After all, the performance of Apple stocks is a bit bad. But you can bear the risk now, so it is not bad to hold it for a long time and bet on its rebound... "

After listening to David Levine, Suri said calmly:
"I've thought about it seriously, and I don't plan to change my mind. Just keep pledging Apple shares. Maybe I can find better investment projects."

Usually working overtime is painful.

But when you encounter such a big project, you can get a generous bonus.

David Levine said decisively:

"I understand. I will get the documents ready as soon as possible. Tomorrow is Sunday, and I will rush through all the procedures. Maybe I can open a position for you on Monday. We will discuss the target price and so on at that time?"

Su Rui has no target price.

The price per share has dropped below 7 US dollars. In his eyes, it is a cabbage price. There is no need to care about the short-term trend...

(End of this chapter)