“Fishing, fishing. All you do every day is fishing. Just go with the fish.”

A private island in the Pacific Ocean, this is Lanai, the fourth largest island in the Hawaiian Islands.

The total area of ​​Lanai Island is 365 square kilometers, which is equivalent to one-third of Hong Kong Island. You wouldn’t believe how much money Luo Nianzhong spent to buy 90% of the land ownership of this island. Even he himself couldn’t believe it at the time.

100 million US dollars, only 100 million US dollars was used to acquire 90% of the ownership of this large piece of land.

As for the remaining 10%, that is because there is a city called Lanai on the island, which covers an area of ​​17 square kilometers and has a population of about 3000.

At that time, the Hawaii state government made it very clear that it was impossible to sell all of the land, and at most 90% of the land ownership could be sold because the residents of Lanai City were unwilling to move.

After learning about this, Luo Nianzhong decided to preserve the current Lanai City, but it would be better for the locals to move in together, so he only bought 90% of the land ownership.

The island was cheap to buy, but the cost of building it was enormous.

Needless to say, there are beaches, roads, airports, and piers. A whale watching platform was built in Manili Bay because it is the best place on the entire Lanai Island to watch whales and dolphins.

So the cost of buying the island was not much, but the investment in infrastructure was considerable, already over 100 million US dollars.

But this is far from enough, because the family office plans to turn this place into a private resort, with an estimated investment of one billion US dollars in the next ten years.

However, this money is not only provided by the family office, but also by other companies. For example, a large hotel group will build a Peninsula Hotel here with a close to natural style.

But these are all matters for the future. We have to wait until the big boss Luo Nianzhong has had enough fun and goes back. As for when he will have enough fun, no one knows.

It has been more than a year since his wedding with Chris. It was supposed to be a honeymoon, but who would have thought that it would last so long.

This made Chris, who could no longer bear it, finally explode. Everyone watched her teach the man in the family a lesson, and she even threw his fishing rod in front of Luo Nianzhong.

"It's been more than a year, and the fourth child is about to be born. In two months it will be the Spring Festival. How long do you want to stay here?"

New Year's Day of 1990 is just six days away. During this year, Luo Laosi finally got pregnant as she wished, and the baby is now seven months old.

Then there is Sarah. This year she has truly integrated into this big family. She no longer comes to stay at the Luo's house only every now and then as she did before.

But it is estimated that he recovered after returning to Hong Kong Island. After the wedding, there was a lot of gossip in England.

Sarah went back for a month and appeared at various social events.

The meaning is very simple. Everyone else went on their honeymoon but I didn’t. Doesn’t this prove something?

As for what the truth is, you can guess it yourself.

In fact, Luo Nianzhong doesn’t care now, because the Spencer family is no longer a threat to him.

But Sarah cannot ignore the reputation of her family. Since she comes from a big family, family honor is very important.

"I thought you were having a lot of fun here, so I didn't mention going back because I didn't want to disturb your fun."

"Very happy? I think you are very happy, right?"

Luo Nianzhong is very happy. He goes fishing every day, both near-shore and deep-sea.

In addition to his super yacht Enron, he also bought a large deep-sea fishing vessel of more than 80,000 tons.

Last winter, he took a few girls north to Alaska to catch king crabs.

Such days are like heaven to a fisherman, and he really doesn't want to leave.

Looking at the money earned from selling fish on his fishing boat, although the income of tens of thousands of dollars from this trip was not much, he was happier in his heart than making hundreds of millions.

"An Ran and the others are about to have their holiday, so let's pack up and go back."

……

The big boss of the group returned to the company after a year's absence. Employees in the Far East were telling each other the news as if it was big news.

The first thing to do after returning is definitely to meet with the senior management, but Luo Nianzhong feels that this is so much like a Tucao Conference?

It’s not because Luo Nianzhong doesn’t care about the company. For professional managers like Welch, what they like most is that the boss doesn’t care about anything.

What they complained about was that Luo Nianzhong didn't answer the phone or reply to messages, as if this was not his company.

Many of the Far East Group’s strategies were set by Luo Nianzhong, and it’s sometimes quite worrying that he doesn’t care about anything.

"Okay, okay, isn't everything fine now? Didn't you rarely have to interfere when I was around?"

Perhaps they would keep talking endlessly, so Luo Nianzhong decided to change the subject and ask, "Let's talk about the major events in the Far East Department this year."

There is nothing wrong with the others, they are just developing steadily, and the big things are happening in the Far East Finance Department and the Family Office.

Robert glanced at Du Huilian and spoke first.

"We have reached a deal with Hitachi and Marubeni, selling most of their shares in the two companies. We now hold less than 5% of each company's shares, and the total funds raised are US$86.7 billion.

According to your original plan, we did not place too much pressure on the price, but we did obtain the right of first refusal.

We have the right of first refusal when the two companies raise funds in the future, and if the valuation of the financing exceeds the valuation when we sell the shares, they need to compensate us for the difference in proportion."

Not bad. It only cost US$21.5 billion to acquire the shares of these two companies, and the dividend income has exceeded US$ billion over the years.

If it weren't for the right of first refusal, the price would have been raised by $1 billion.

Next is Nissan. If Piech had not known Luo Nianzhong's plan and seen the huge bubble in the island country's stock market, the Audi Group would never have sold Nissan's shares.

Piech is still building his automobile empire, so how could he possibly deprive Nissan of its mid- and low-end brands?

For US$65 billion, Audi Group sold 14% of Nissan's shares and retained only 10%.

Like Hitachi and Marubeni, Audi Group also asked for the right of first refusal.

Otherwise, with Nissan's market value of 580 billion, it would be a pipe dream to acquire these shares for 65 billion.

How crazy are the companies in the island countries now? Nine of the top ten companies in the world by valuation are from the island countries.

The only non-island company is ExxonMobil, whose market value is more than a billion dollars less than Toyota.

As for IBM and Far East Chip, which were the first and second two years ago, the former ranked 548th with a valuation of US$11 billion thanks to the rapid development of Microsoft, while the latter ranked 504th with a valuation of US$14 billion.

IBM's traditional business has declined. Not only has its mainframe computers been defeated, but its computer business has also been eroded by the rise of Dell and island brands.

But everyone thinks they made a good deal on Microsoft. Microsoft's market value is now 398 billion US dollars. As a major shareholder of Microsoft, IBM, which holds 21% of the shares, has assets worth more than billion.

Moreover, Microsoft is now planning to go public on the Nasdaq. By then, it will be dually listed on the Hong Kong and Nasdaq markets, and its share price will increase significantly.

The key issue is the development potential of Microsoft, which has been rated by global media as one of the companies with the fastest rising market value in the future.

In early January, the old cowboy officially took office. After taking office, he proposed a highway plan and approved the marketing of genetically modified soybeans and corn.

However, this is not happening across the entire United States. It is limited to three states: Colorado, Ohio and Texas, and is euphemistically called an experiment.

In March, Congress passed a bill, and the U.S. technology and Internet market surged.

Europe soon followed suit, and personal computers were about to enter a period of super-explosion. Microsoft, which now controls the operating system market, was seen as the second company in the United States that was expected to break through the $100 billion market value.

Who is the first? It is IBM, its largest shareholder.

As for the major events at the Far East Bank, Luo Nianzhong was only concerned about one thing.

On August 8, BHP announced the acquisition of global lithium and copper ore giants to lead the mining industry. The first mining giant with a market value exceeding 17 billion US dollars was born.

In this wave of mergers and acquisitions, the Luo family became the second largest shareholder of BHP after the Elliott family, holding a 20.8% stake.

How did the shares come from? That is because everyone abandoned Holmes, the original largest shareholder.

This wave of mergers and acquisitions brought together Far Eastern Bank and Wall Street capital, which jointly suppressed the share price of Holmes' hotel group externally, while BHP diluted his shares internally by injecting capital.

The Luo family became the biggest winner in this wave. Not only did they become the second largest shareholder of BHP, but Hai also lent a huge sum of money to the Elliot family, with the mortgage being part of BHP's shares.

Wall Street did not suffer any loss either. After this wave of operations, their total shareholding ratio exceeded 20%, but the equity was dispersed among several institutions.

"The economic decline of this island nation is inevitable. How long do you think it will take for them to completely collapse?"

The timing for selling Hitachi, Marubeni and Nissan could not be better.

Just a few days ago, the island country's central bank finally decided to raise interest rates, and not by 0.25 or 0.5, but directly raised the benchmark interest rate from 2.5% to 6%.

The stock market is definitely the one that reacts the fastest to the tightening of liquidity. Except for Luo Nianzhong, no one knows how long this bubble burst in the island country's stock market will last and what the final outcome will be.

“The stock market will collapse first, and then the property market. However, this time the island nation’s financial groups and government cannot just ignore it. We still need them to stimulate the economy.

However, we can only say that the existence of the island nation consortium is destined to cause their economy to remain depressed for ten to twenty years or even longer, and eventually lead to greater hidden dangers."

Luo Nianzhong's words made everyone present frown. Not to mention those who understand economics, even those who don't know how the stock market bubble could reach this level.

This is an asset bubble, and it will indeed cause some people to lose everything they have, but as long as the central bank and the government handle it well, it should be able to get out of it in a year or two.

Because the economic structure will not change. Your house and stocks may be worthless, but you still have a salary.

No matter whether the house or stocks are valuable or not, you usually spend your salary, and you can't take a brick from the house to pay the bill.

As long as people are willing to work hard, the economy will recover sooner or later.

"You're right. Normally it is true. But what if someone is not satisfied with just stepping on the island nation's economy and keeps dancing on its corpse?"

"You mean those financial groups?"

"That's right." Luo Nianzhong pointed at Robert.

“The island nation’s conglomerates are different from other conglomerates in that they control the economic direction of the entire island nation, and the core of the conglomerate is the bank.

These banks hold the savings of almost all the people on the island. Anyone can collapse but they cannot. The central bank will definitely lend them large amounts of low-interest loans.

However, the island nation’s conglomerates cannot implement the last-in-first-out system like other conglomerates, eliminating those companies with poor performance values.

Therefore, if we want to save the companies in the consortium, we must save all of them. There is no such thing as saving the big ones or the small ones.

The collapse of the stock market and the real estate market will cause a large amount of bad debts for banks. If the companies in the consortium continue to drag down each other, the bad debts will only increase.

It’s like you are working hard to make money, but there is a prodigal son at home who spends it like crazy.

When you can make money, you can bear it, but once something happens to you and you can’t make as much money, more bad debts will appear.”

"Then let's..."

Luo Nianzhong knew that Piech was still thinking about Nissan, and if it really took ten or twenty years, he couldn't wait.

"Don't worry, my estimate is that the island nation's financial system will collapse again in five to seven years, and as for those companies, they may not be able to hold on in less than five years.

During this time, you can study other car companies and acquire them to enter the mid- and low-end market. You can’t just sit there and wait even for three years, and having more brands will also be good for us.”

Luo Nianzhong learned about all the major and minor events of the Far East Group, and also made arrangements for the key work directions of each major group in the future. After everyone left, he read the report sent to him by Liang Yong.

International events have become even more exciting this year.

First, on January 1, Temasek CEO Lee visited Malaysia and proposed Pacific economic cooperation.

Soon after, South Korea, Indonesia, Thailand, and the Philippines responded, and finally the United States, Canada, and Australia also expressed interest.

In April, the Pacific Economic Cooperation Organization was officially established. The first batch of 4 members included the United States, the island countries, South Korea, Indonesia, Thailand, the Philippines, Vietnam, Brunei, New Zealand, Temasek, Malaysia, Australia and Hong Kong Island. Hong Kong Island participated independently as a region.

It has been established, and there is still relevant work to be discussed. The biggest role of this organization is to reduce tariffs and develop the economy. This requires money, huge amounts of funds, so there is some wrangling.

On January 1, the emperor of the island nation passed away and the new emperor ascended the throne.

On January 1, Cuba withdrew its troops from Angola.

On February 2, the Polar Bears withdrew from Afghanistan.

On March 3, Time and Warner merged and their stock prices soared.

As a result, the valuation of Disney NBC, which had applied last year to go public this year, soared.

Since May, the world's focus has been on Eastern Europe, and polar bears are in great danger.

First, Greater Poland jumped out. Not only did it amend the constitution and change the national flag and emblem, it also went to Western Europe to discuss joining.

Soon after, Hungary, Czechoslovakia, Bulgaria and other countries all started to live their own lives.

By May 1989, Hungary was forced to open its border to Austria, completely opening the gap between the polar bears and Europe.

Especially the East Germans, a large number of people ran to the Hungarian border to set up tents, preparing to take a detour to West Germany when possible.

In September, Hungary said that it didn't want to waste its time on your mess and announced that it would no longer control East Germans.

When the people of West Germany knew that their relatives were coming, they welcomed them warmly with food and banners.

The situation could not be stopped at once, and more East German people left their homes and fled to West Germany.

For various reasons, East Germany opened its checkpoints, the city walls and tourism, and the Berlin Wall became a mere formality.

It can be said that the whole of Eastern Europe is now in the limelight and is the focus of global attention.

On December 12, the leaders of the two superpowers met in Malta, marking the end of the Cold War and indicating that the globalized economy remains unhindered.

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