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"Eric, Chris, let me introduce you. This is John Neff. To be honest, I don't agree with many of his economic views, but we cannot deny that John is in charge of the Windsor Fund. The company has outperformed the Dow Jones Index by more than 3% in almost every year for the past 20 years."
In Queens, New York, it was already the day after Halloween, and Eric arrived on time at the party that Buffett said, which was held in a villa in a rich area of Queens.
Hearing the name of the "Windsor Fund" that Buffett mentioned, Eric raised his eyebrows slightly, but on the surface he still extended his hand very enthusiastically to shake hands with the old man in front of him who looked somewhat similar to Buffett and even wore black-rimmed tortoiseshell glasses.
"Hello, Eric, Chris," John Neff shook hands with Eric and Chris respectively with a smile on his face, and then looked at Buffett with dissatisfaction: "Hey, Warren, you are in front of me again." You have scolded me in front of young people, maybe we need to find a special time to discuss your views on efficient market theory."
"Of course no problem, I have time anytime," Buffett said with a laugh, "However, now I'm going to take two young people to meet other old guys."
With this answer, Buffett raised his wine glass to John Neff, and took Eric and Chris to another old man in his sixties: "Another John," Buffett raised his hand to the old man in front of him. He raised his glass and said to Eric and Chris: "John Bogle, John, this is Eric, and Chris, let's get to know each other."
Chris, who was on the other side of Buffett, reached out to John Bogle eagerly this time: "Mr. Bogle, I'm Chris Hansen, nice to meet you, oh, I studied in college I have read many of your economics papers."
"Hello, Chris, I know you, Firefly Investment Company's investment portfolio has been very good in the past few years, maybe we can find time to chat."
"Of course, if I can have this honor," Chris nodded quickly, giving Eric the illusion that movie fans saw a big star.
However, this is not surprising. In this hall, not to mention Buffett, many other people are well-known figures in the investment world. Just like John Bogle, Eric has done some homework beforehand, but even if he does nothing, the name of the Vanguard Group is enough. In memory, this famous investment fund company once controlled close to With a wealth of 900 billion U.S. dollars, even at this time, the assets under the Vanguard Fund have reached 200 billion. Although Eric's personal worth has reached the point where many people can't match it, the wealth controlled by these old men far exceeds him.
From joining Seymour Gilbert, chairman of Morgan Stanley yesterday, to a series of investment tycoons introduced by Buffett, Eric has gradually realized a truth. The most important thing that represents a person's power is not how much he owns. Resources, but how much resources he can control. Although Eric had faintly had similar thoughts before this, the series of capital predators he saw in the past two days made this idea clearer in his mind. , just like John Bogle in front of him, although his personal wealth is far from that of Eric, the Vanguard Group he controls firmly controls more than 200 billion US dollars in assets, which represent A large number of seats on the boards of directors of Fortune 500 companies in the United States and even in the world are the real strength of these large fund companies that can influence an industry or even a country.
As Buffett made a round in the hall, he came to a bar. Buffett changed a glass of wine, chatted with Eric and Chris, and said: "Okay, Eric, you can find Talk to those who are interested, of course, you can also meet these young people of your age."
Chris had already looked eager to try. Hearing this, he raised his glasses to Eric and Buffett, and then walked elsewhere. As a high-achieving student majoring in finance, it is obvious that there are many master-level investors in the field that he admires, and these people are definitely more talented than many so-called economists who can only talk empty words.
In the hall, apart from some old men whom Buffett specially introduced to Eric and Chris, there are also many young people who are similar in age to them. It seems that they should be the younger generations brought by these people, but during the conversation, there is a full-fledged The silver-haired old man walked towards Buffett with a young man in his thirties: "Hey, Warren, good evening, oh, and Eric, let me introduce, this is my brother's child, Nate, He is now an investment manager at Kahn Brothers."
Eric knew that the other party's target was Buffett, so he smiled at them and walked away.
Turning around in the crowd for a while, Virginia, who was chatting happily among a group of female relatives, noticed Eric's figure and walked towards him.
"What are you talking about?" Eric raised his glass to the female guest who had just chatted with Virginia and looked over at this time, and asked the woman holding his arm with a smile.
"Movies, fashion, etc., in short, it's not something you big men are interested in."
Eric smiled and said, "Oh, I'm actually very interested in these things."
While the two were talking, a male voice came from behind: "Hey, Eric."
Turning his head, Eric saw Bill Gates and his wife, and stretched out his hand with a smile: "Hey, good evening, Bill, Melinda, this is Virginia."
"Hello, Ms. Madsen, when Melinda and I were dating, we just happened to see your movie together, 'Small Cry', right?"
"Yes, I really didn't expect it. It was already a few years ago," Virginia said, shaking hands with Bill Gates and Melinda Gates respectively.
Since the success of win95, Microsoft has rapidly accelerated its layout in the Internet industry in the past six months. Not only has it launched a portal business, it has even begun to get involved in the role of an Internet service provider. The strategy of fighting whether you want to eat or not can be said to have completely started hand-to-hand combat with Yahoo and AOL.
Eric has been paying close attention to Microsoft's related businesses. Therefore, judging from Microsoft's expansion results in the past few months, although Eric is vigilant about Microsoft's threats, he is not too close to the enemy. Feel.
Losing the browser, an important Internet interface resource, Eric is even less optimistic about Microsoft's Internet business at this time compared to his previous life. Moreover, after the success of Windows 95, Microsoft's monopoly in the operating system market has become a foregone conclusion. The disease has also gradually emerged. After the company's system has gradually become bloated and has lost the flexibility to forge ahead, even with strong resources, it is definitely not so easy to enter a fast-growing industry.
Although a life-and-death competition has started in private, neither side will show it. After the greetings, Eric remembered what happened not long ago and asked, "Bill, I heard that you went to China not long ago. How do you feel?"
Bill Gates shrugged and said: "The market environment there, in short, is quite bad, but it is always a very huge market. Maybe I will go there a few times in the next few years."
Eric smiled. The purpose of Bill's trip to China is the same as that of many technology tycoons in his memory. They are all to open up the seemingly bright Chinese market. However, Eric believes that Bill Gates will go to China a few more times. Know that the market conditions there are not bad, but very bad. The standard price of Windows 95 is converted into RMB close to 2,000 yuan. Even if the price of the Chinese version is greatly reduced, it is definitely not affordable for users there at this time. The only thing Microsoft can develop is the enterprise market, that is, those who can not spend their own money. Go to the place to buy genuine system.
Eric actually wants to go back and have a look, but his identity is not as simple as Bill Gates and Warren Buffett. Bill Gates and Warren Buffett are just pure entrepreneurs, but Eric Holding the largest media group in North America and such a huge media channel resource, if you get too close to it, it is almost inevitable to be attacked by competitors. If you turn your back on a politician who speaks ill of others, you simply don't ask for trouble.
Chatted with Bill Gates for a few words. Although the two sides still maintain a polite attitude, they will not have much in common after all. The two sides separated. Eric raised his arm and asked Virginia to hold him , Said: "Let's go, since Warren brought me here on purpose, I can't disappoint his good intentions. It will definitely be of great benefit to have more contact with these old men."
Virginia glanced at Chris who was not far away and Emily was having a passionate conversation with a middle-aged man wearing glasses, and said with a smile: "Okay, but, in this case, you must not be as comfortable as Chris Woolen cloth."
"It's okay," Eric said with a smile, "I can talk to them about movies."
"hehe."
While the two were talking, a male voice came from behind: "Hey, Eric."
Turning his head, Eric saw Bill Gates and his wife, and stretched out his hand with a smile: "Hey, good evening, Bill, Melinda, this is Virginia."
"Hello, Ms. Madsen, when Melinda and I were dating, we just happened to see your movie together, 'Small Cry', right?"
"Yes, I really didn't expect it. It was already a few years ago," Virginia said, shaking hands with Bill Gates and Melinda Gates respectively.
Since the success of win95, Microsoft has rapidly accelerated its layout in the Internet industry in the past six months. Not only has it launched a portal business, it has even begun to get involved in the role of an Internet service provider. The strategy of fighting whether you want to eat or not can be said to have completely started hand-to-hand combat with Yahoo and AOL.
Eric has been paying close attention to Microsoft's related businesses. Therefore, judging from Microsoft's expansion results in the past few months, although Eric is vigilant about Microsoft's threats, he is not too close to the enemy. Feel.
Losing the browser, an important Internet interface resource, Eric is even less optimistic about Microsoft's Internet business at this time compared to his previous life. Moreover, after the success of Windows 95, Microsoft's monopoly in the operating system market has become a foregone conclusion. The disease has also gradually emerged. After the company's system has gradually become bloated and has lost the flexibility to forge ahead, even with strong resources, it is definitely not so easy to enter a fast-growing industry.
Although a life-and-death competition has started in private, neither side will show it. After the greetings, Eric remembered what happened not long ago and asked, "Bill, I heard that you went to China not long ago. How do you feel?"
Bill Gates shrugged and said: "The market environment there, in short, is quite bad, but it is always a very huge market. Maybe I will go there a few times in the next few years."
Eric smiled. The purpose of Bill's trip to China is the same as that of many technology tycoons in his memory. They are all to open up the seemingly bright Chinese market. However, Eric believes that Bill Gates will go to China a few more times. Know that the market conditions there are not bad, but very bad. The standard price of Windows 95 is converted into RMB close to 2,000 yuan. Even if the price of the Chinese version is greatly reduced, it is definitely not affordable for users there at this time. The only thing Microsoft can develop is the enterprise market, that is, those who can not spend their own money. Go to the place to buy genuine system.
Eric actually wants to go back and have a look, but his identity is not as simple as Bill Gates and Warren Buffett. Bill Gates and Warren Buffett are just pure entrepreneurs, but Eric Holding the largest media group in North America and such a huge media channel resource, if you get too close to it, it is almost inevitable to be attacked by competitors. If you turn your back on a politician who speaks ill of others, you simply don't ask for trouble.
Chatted with Bill Gates for a few words. Although the two sides still maintain a polite attitude, they will not have much in common after all. The two sides separated. Eric raised his arm and asked Virginia to hold him , Said: "Let's go, since Warren brought me here on purpose, I can't disappoint his good intentions. It will definitely be of great benefit to have more contact with these old men."
Virginia glanced at Chris who was not far away and Emily was having a passionate conversation with a middle-aged man wearing glasses, and said with a smile: "Okay, but, in this case, you must not be as comfortable as Chris Woolen cloth."
"It's okay," Eric said with a smile, "I can talk to them about movies."
"Hehe." (To be continued.)