Chapter 1845 not selling cabbage
If Qin Feng needs to repay a bank loan in the future, Buffett will provide the lowest interest rate loan in the world to help Qin Feng repay the loan.
Qin Feng looked at Buffett.
Could this stock god see something from this?
Buffett smiled slightly and said nothing.
But everything is left unsaid.
Obviously, Buffett also saw Qin Feng's risks. He might even have smelled something from it.
However, if this matter can be resolved, then everything will be easy to say.
For Qin Feng, he no longer has to worry about the Sword of Damocles hanging above his head.
Once this sword falls, Qin Feng will be doomed.
Qin Feng had been working hard to make money before, just to be able to solve this sword.
After all, this sword is on the countdown.
Find out when the boss will retire and when he will take his own life.
Boss Ming will retire in four years at most.
Now, there seems to be a solution.
This hidden danger can be solved by selling 20% of each of Qin's Heavy Industry and Qin's Steel to Buffett for US$1 billion.
At the same time, it will also receive US$1 billion in cash.
Qin Feng didn't speak, and neither did Buffett. He was waiting for Qin Feng to think and weigh the pros and cons.
He spent 1.3 million US dollars to buy advertisements, partly for charity. Secondly, he wanted to reciprocate the favor and take the opportunity to meet Qin Feng.
He has studied the two companies Qin Feng for a long time. It can be said that since Soros failed to enter the Asian market, he began to study the Asian economy.
The rise of Asia's economy is beyond ordinary people's imagination.
Originally, after Japan's economic collapse in the late 1980s, the Asian economy seemed to be in such a state of collapse that it was not worth mentioning.
However, with the rise of China, everything seems to be different.
He had a premonition that China's economy would become a very important part of the world economy in the future.
Therefore, he wondered whether he could invest in China.
Naturally, it is impossible for him to invest in China's state-owned enterprises, and he will not invest. The variables are too great. He does not want to take risks, nor does he want to be involved in the political struggle behind them.
Finally, after many rounds of screening, he settled on Qin Feng's two major industrial economies, Qin's Heavy Industry and Qin's Steel.
Although Qin Feng also owns three major companies, Jiuzhou Network, Jiuzhou Games, and Jiuzhou Chip.
But this is IT. Although the profits will be high, it is not what he wants to invest in.
He does finance, and although he makes a lot of profits from it, he invests in industrial companies. These companies have grown and are good for the world.
He can be regarded as a gentleman who loves money and gets it in a wise way.
These two companies have the potential to become hundreds of billions of dollars in the future.
20%, that’s $20 billion. Two companies, that’s $40 billion.
He invested US$1 billion in exchange for US$40 billion in income in the next ten to twenty years.
Good deal.
Although it is far less than the hundreds or even thousands of times the benefits of IT, it is enough for him.
Especially, this is still an industry. Unlike IT, a single wrong decision may ruin the company.
In particular, this will have a certain say in the future.
Now, it depends on whether Qin Feng agrees.
After all, he can see its prospects, and Qin Feng knows even better.
In particular, Buffett has conducted a survey and found that Qin Feng's two companies both adhere to the principle of quality, and the wages paid to employees are also above the standard.
Moreover, Qin Feng did not adopt any fixed salary.
In other words, it’s a dead salary that’s fixed at how much you’ll pay per month.
In that case, workers may become slacker.
Only piece rates, flexible wages, and through hard work, you can definitely get wages that are far above the industry average, so workers will be very motivated.
And that's what Qin Feng did.
Now in 1999, the average salary in a place like Yingcheng was only a little over 400 yuan.
Workers in Qin Feng's two major factories can get an average salary of over a thousand. If you are fast and have quick hands and feet, you can get a higher salary.
It's not unusual to be over two thousand years old.
Moreover, the factory will never deduct your working hours or piece-rate wages for parts just because you do too much.
Many factories have set piece-rate prices.
As a result, once workers' wages are raised, their wages are immediately reduced.
I'm afraid that workers' wages will be too high.
It is difficult for such a factory to have lasting competitiveness.
But this situation will not happen in Qinfeng Factory.
Qin Feng never deducts wages from workers.
This is why Buffett believes that Qin Feng’s Qin Heavy Industries and Qin Steel will definitely be able to flex their muscles in the future.
After thinking about it for a while.
"Mr. Buffett, we have a saying in China, which is to pay the price right away." Qin Feng grinned.
"Mr. Qin, I always invest based on the principle of mutual benefit. I think my offer is very fair at this stage. And this is also the bottom line I accept." Buffett said.
He doesn't like to negotiate the price like selling cabbage when investing.
When he invests, he always makes decisive decisions. He will make a move at whatever price he thinks it should be.
We will never regret it later, let alone give us flexibility to negotiate.
That would be such a waste of time.
For him, time is the most precious.
As for money, you can exchange time for money, but you cannot exchange time for money.
Therefore, he has always done things vigorously and resolutely.
Qin Feng nodded.
"Then it's a deal!" Qin Feng stretched out his hand.
The price is fair, and Buffett is very sincere, especially willing to help himself raise funds to repay the loan in the future.
Qin Feng values this very much.
Although Qin Feng believes that he should be able to earn this amount within four years. However, he must at least buy an insurance.
As for the 20% stake, if you can make friends with Buffett, it will be worth it.
After all, I don’t lack such a little money.
Buffett is also very satisfied with this transaction.
Subsequently, both parties jointly announced that Buffett had acquired 20% of each of Qin Feng's Qin's Heavy Industry and Qin's Steel for US$1 billion.
This news did not cause much turmoil in the United States.
Buffett has always liked investing in industries, which is obvious to everyone.
Moreover, usually if Buffett invests in industry, don't expect any returns in the short term. The returns will only come after a long time.
Here in the United States, it was barely mentioned in a few newspapers.
After all, just mention this kind of thing. It's nothing worth writing home about.
But when it spread to China, it was different.
Who is Buffett? The stock god!
This person is usually invisible. Now he actually invested in Qin Feng's factory.
This is incredible.
When did Qin Feng get involved with Buffett?
There was a sensation throughout the country.
Chapter completed!