I Want To Be a Rich Man on Hong Kong Island

  Chapter 463【Family Fund】

  Wu Guangyao spent the entire June in New York;

  After a month of investigation, Wu Guangyao finally determined one thing: that is, after a year of plummeting in the U.S. stock market, he can enter the market by himself!

  At this time, basically every U.S. stock has fallen by 50% from its stock price in May last year (1969);

  It can be said that there are already a lot of cheap stocks!

  Of course, it’s not that U.S. stocks will rise as soon as Wu Guangyao buys;

  As far as Wu Guangyao knows, it will take three or four years of "stagflation" for U.S. stocks to start a 23-year bull market!

  Although there has been "stagflation" for three or four years, Wu Guangyao himself is pursuing a long-term investment and does not care about the stock market for several years.

  New York, Ritz-Carlton Hotel, in the Presidential Suite.

  A group of women, consultants, staff officers, and cronies of Wu Guangyao gathered in   . They all gathered together at Wu Guangyao's summons.

  Wu Guangyao's investment in US stocks is a hidden investment method through a family office registered on Hong Kong Island, an offshore financial company Tiger Fund, and a Tiger Fund registered on Wall Street.

  The legal person of the offshore financial company Tiger Fund is American Robertson. Wu Guangyao then uses lawyers, accountants, and audits to ensure the safety of his funds;

  As for the Tiger Fund registered in the United States, it is only a fund belonging to an offshore financial company, a fund that specializes in investing in US stocks.

Wu Guangyao said: "During this time, I have carefully studied the US economy and stocks, so I decided to carry out a long-term investment plan. The cost of this plan is the '1 billion dollar plan.' I hope that everyone will work together to ensure This money has successfully bought U.S. stocks!"

  Naturally, everyone has nothing to say, because Wu Guangyao urgently needs to find funds to invest in the project.

Robertson said: "BOSS's so-called long-term, about how long, I don't expect US stocks to get out of the quagmire too quickly. After all, every stock market crash requires several years of recovery time. After the bottom is firmly established, the rise will occur. Power."

  Wu Guangyao asked curiously: "How long do you think the slump in the U.S. stock market will last?"

Robertson thought for a while and said, "This time the U.S. stock market plummeted, how much was caused by external influences, such as the U.S.-Vietnam war dragged down by other factors; the U.S. economy is actually not too problematic, so I think it should be available in two years. Of course, the upward momentum does not rule out a longer time."

  Wu Guangyao heard this and did not express any opinions, but asked other people.

Financial consultant Morse also expressed his own opinion: "I think it will be three years! It is certain that it is more appropriate to enter the market now. Since BOSS said it is a long-term investment, plus the family funds of BOSS really need to find projects urgently. Now it is very suitable to invest in stocks."

  Morse knows his net worth well, so he can say that!

  Suez has been locked down for three full years, and the dividends it has brought to itself in these three years is 3 billion U.S. dollars;

  The investment in gold cost 1.2 billion U.S. dollars (still in purchase), Everbright Bank deposits 300 million U.S. dollars, and 500 million U.S. dollars of dividends not yet paid in the first half of this year, so the investment in U.S. stocks this time is 1 billion U.S. dollars.

After listening to everyone’s opinions, Wu Guangyao said, “Everyone is the person I trust the most. Let’s not hide it from everyone. I have invested 1 billion US dollars this time. I intend to hold stocks of some promising companies in the United States for a long time, that is, value investment. This fund is also the family fund of the Wu family. I need everyone to speak freely and give me some advice to ensure that every descendant of the Wu family can receive a family'salary' every month."

  As soon as Wu Guangyao's words fell, everyone straightened their waists and their faces became serious.

  Especially a group of women, suddenly felt the grand nature of the matter.

  This is a very important thing. Many large families will have this kind of family fund, and this kind of family fund is also the norm for future development.

  At this time, the Wu family, in terms of family wealth, may be ranked in the top ten in the world, not to mention the Wu family has just started.

  Everyone quickly discussed whether the Wu family’s family fund should be managed by an independent family office or should be managed by a third-party investment-outsourcing chief investment officer model.

  The cost of investment, operation, and management of family funds managed by independent family offices is relatively high. In addition to providing investment, wealth management provides families with financial services such as tax declaration, real estate purchase, and private jet.

  Third-party investment—outsourcing the chief investment officer model. This model involves professional investors for multiple families to jointly manage wealth through a portfolio, also known as multi-family funds.

  Everyone expresses their own opinions. In summary, both models have advantages;

If third-party investment is adopted, Wu Guangyao will certainly only let Robertson handle this matter, and will not hand over the funds to those third-party investment institutions in the United States. Although the fund companies formed by the former chief investment officers of the US university funds have a good reputation. it is good.

  While Wu Guangyao fell into a trade-off, Lin Yueru said: "Just take both methods!"

   "Yeah, why didn't I think about it! Good things come in pairs, everyone gets two wages, wouldn't it be better!" Wu Guangyao patted his thigh and said loudly.

  Finally, Wu Guangyao decided to include the first $1 billion in the family office and invest it through the Tiger Fund.

Although the family office does not directly participate in investment, it is indeed an indirect investment, so some functional institutions and personnel must be no less; the most important thing is that the family office will provide services for all family members in the future, such as tax filing, purchase of real estate, and private jets. And other financial services.

  "Morse, you have worked hard recently to help me set up the family office; remember, as long as the top talents, there is no restriction on nationality."

   "Yes, BOSS!"

Wu Guangyao said to Robertson again: "Robertson, from now on, our relationship is a partner, and you can have other investors. Of course, if my capital is an investment project led by me, you can’t charge me commissions, you can only charge management fee."

   Robertson finished listening, and said seriously: "The boss is a financial genius. If I can get your guidance, I have already made money. How can I still charge your commission."

   Robertson is telling the truth. At this time, Robertson has a certain reputation on Wall Street, even higher than Buffett at this time.

The source of these petty fame was Wu Guangyao's guidance. Robertson broke into Wall Street in 1968 with Wu Guangyao's 100 million U.S. dollars. Wu Guangyao gave a few tips on what stocks to buy; when to empty out and withdraw funds, Wu Guangyao directly decided .

  In the eyes of the big men on Wall Street, these keen market behaviors all came from Robertson!

Wu Guangyao nodded and said, "One yard goes to one yard. If it is your investment plan, I chose to invest, and the commission will be settled as usual. Also, you are now well-known, and you can try to form a new fund. , To attract new investors."

  Robertson is overjoyed. This is what I dream of. I planned to bring it up in two years, but I didn’t expect BOSS to bring it up now.

  Robertson said: "Thank you BOSS! But don't worry, BOSS, I will definitely be optimistic about your wealth!"

  Wu Guangyao said: "I will give you the name of the fund. It will be called the "Puma" fund. I will invest another 2 million US dollars in you, and the commission will be settled normally."

  　Cavankavin, there are some outlines, but the timeline is wrong!

  　　 I have been writing for 8 hours today

  (End of this chapter)