Chapter 509: The Initial Layout of American Finance
Chapter 509: The Initial Layout of American Finance
Yang Wendong nodded and said, “I think so too. We will recruit suitable talents from Europe, send them to the United States for training, and then return them to Europe.
In this way, it will not affect the team in the United States. In the future, the three regional companies in Europe, the United States and Asia will operate separately and will not interfere with each other.
There are almost no chain stores in the current European market, so this is a good opportunity.”
McDonald's, once the strongest chain store in the United States, only began to enter the European market on a large scale in the mid-70s after it had captured a large share of the American market. Now, it wants to get ahead of the curve.
Like the Internet industry, many traditional industries also have the first-mover effect, but the psychological bond with customers is not as strong as that of the Internet. However, if the first comers succeed, they will inevitably have great advantages in the future. Of course, the process of developing new markets and new industries is also very difficult, and everything is fair.
McDonald's is now bigger and richer than KFC in the United States, but it is still not as good as ours. As long as we invest in Europe, we will at least have the first-mover advantage.
Sanders replied: "This is a good approach, but Europe is different from the United States. There are too many countries there, and the culture, language, and laws are all different. It is more than ten times more difficult to operate in such a market than in the United States."
"I know that, so we will invest in the UK first. I have a lot of businesses in the UK, so maybe I can help." Yang Wendong nodded and said, "After the UK, we will move into countries with larger economies such as Germany, France, and Italy.
These four countries account for half of Europe’s total economy, which is enough for us. If we want to successfully capture these markets, I am afraid that even ten years may not be enough. There is no need to consider other countries after that.”
In fact, Southeast Asia in Asia is more unstructured than Europe, otherwise it would be much easier for Carrefour to expand;
In this environment, we can only choose a few suitable countries first, do well in these countries, and then consider others. The choice in Southeast Asia is centered on Chinese gathering places. The races in Europe are the same, so we can just go by economic strength. Countries with strong economies will most likely be much more convenient in operation.
Sanders nodded and said, "Okay, I'll go to the UK when I have time to learn more about it, and then see if there are any suitable talents there."
"Okay, I will ask my people in Hong Kong in the UK to cooperate with you at that time." Yang Wendong nodded and said.
The advantage of a large group is that it has offices and personnel in multiple countries. In many cases, it is much easier to expand new businesses. Otherwise, there is no one familiar with the local situation, and doing business directly is very risky.
Although the service industry itself does not generate any value, it is also a large part of human society's wealth. In the future, Changxing Group's investment in the service industry will be very large, especially in many channels, which is actually part of the company's industrial chain.
Sanders smiled and said, "Okay, I've also found a few good people in the United States. Let's observe for a while. If they are suitable, let them meet you. In the future, KFC in the United States will also need them to control it. I'm getting old."
Yang Wendong said, "Okay, Sanders, thank you for your help to KFC over the years. I can promise you that I will definitely take care of your family in the future."
Sanders is already old. Historically, after selling KFC, he also worked at KFC for a period of time, purely because he liked the company he founded. However, he did not expect that he had entrusted his work to the wrong person. The buyer began to squeeze costs and quality for short-term profits, and the two parties even went to court.
Yang Wendong would naturally not do such a thing. His goal was to make KFC the best in the world, or at least among the top few. Therefore, he did not care about many aspects and let the founder Sanders develop the company according to his own wishes. History has also proved that his approach was right, because after Pepsi acquired KFC in the 80s, it also restored many of its operating models.
However, since such an old man is serving him, he, as a boss, naturally has to reciprocate. In addition to salary, he will also take appropriate care of his future successors. This will also make it convenient for Sanders to do what he likes with peace of mind, and it can also increase Yang Wendong's reputation, killing two birds with one stone.
Sanders smiled and said, "Okay, thank you, boss."
Yang Wendong said, "You're welcome. You also need to have your body checked. Go to the best hospital in the United States. The company will pay for it."
A high-quality manager is very important to a company. Sanders' health can even determine the future development of KFC, or in other words, he can only retire after he has trained several successors.
But as long as there is no problem with my health, I can manage the company for a long time.
"Haha, okay." Sanders agreed.
After leaving KFC, Yang Wendong went to the most famous Wall Street in the United States;
"The wealth of one building here may be equivalent to that of a top large enterprise." Yang Wendong looked around and said with a smile.
Lin Youqi said: "Yes, Wall Street now controls a large amount of financial wealth. The amount of transactions per day can exceed the total output of many countries."
"Well, the stock market in the US has been rising a lot recently, right?" Yang Wendong asked again. Lin Youqi replied, "Yes, from 62 to now, in the past six years, the stock prices of many companies have risen several times or even dozens of times. After some junk companies went public, their stocks were sold at sky-high prices, which is very similar to Hong Kong in 6, or even more exaggerated."
"Yes, although I don't invest in U.S. stocks, I am also concerned about the U.S. economy." Yang Wendong said: "Looking at the U.S. stock market, it is estimated that it will not be long before there is an economic collapse like the one in 61."
In societies like the United States, Hong Kong, and Europe, stocks or real estate have a ten-year cycle. After reaching their peak, they plummet for a year or two, and then repeat the cycle. However, in the long run, they are still getting higher and higher.
This may be better than the previous situation where the mainland A-share market has always maintained at 3000 points, but it is also much more dangerous. Many people have jumped off buildings because of this. From this perspective, the A-share market deserves a good review.
It has been 8 years since the last stock market crash, and time is running out.
The reason why Yang Wendong knew this was because he had read the biography of Buffett in his previous life. It described that in 1969, Buffett sold out all his positions before the stock market crash and thus avoided the stock market crash.
As time entered the 70s, a lot of useful knowledge from his previous life gradually became more and more valuable.
Lin Youqi asked tentatively: "Mr. Yang, do you want to short the US stock market?"
"I don't want to be targeted by US regulators." Yang Wendong shook his head and said, "But I will wait for the stock market crash to break out, then do some bottom-fishing and choose a few suitable stocks. You, help me collect information on US listed companies with a market value of more than 10 million US dollars."
In the United States, it is possible to short sell stocks, but this game can only be played by domestic financial tycoons. Outsiders who participate in this kind of thing are asking for trouble;
Another thing is that short selling is too risky and the profit is low. Real investment still requires holding stocks in a positive direction. For example, Soros and Buffett, one used crazy financial means to attack many countries, and the other was a safe investment. The former's reputation was unprecedentedly strong for a period of time, but his ultimate wealth was not as good as the latter.
As long as foreigners do not invest in too many stocks of high-tech companies, their investments in the United States will be safe. After all, Americans still have to maintain their "justice" image.
Lin Youqing agreed, “Okay, but Mr. Yang, there are too many listed companies in the United States. I wonder if there is a smaller range;
I can find information about all the companies, but each one is very detailed, so it would take a long time, and the information also has an expiration date. ”
The United States is not Hong Kong. There are too many listed companies. It is not difficult to collect information on all Hong Kong listed companies, but there is too much information on the United States.
Yang Wendong thought for a moment and said, "Then how about this? First, you give me the names, industries, and market capitalizations of companies listed in the United States with a market capitalization of more than 10 million US dollars. I will take a look and then make a decision."
In fact, deep in his memory, there must be many forgotten future big companies, but if no one mentions them, he himself will not be able to remember them;
There were no computers or the Internet in this era, so he had no way to directly search a country's listed company rankings. He could only rely on manual searches. As long as he had the names of existing companies, there might be some that would have huge value in the future.
"Okay." Lin Youqi replied.
Yang Wendong added: "But there is one company that you should pay special attention to, it's called Berkshire Hathaway, it's a textile company."
"No problem. If it's a company, I can make a call now and get detailed information within three hours." Lin Youqiang said with a smile.
Yang Wendong nodded and said, "Okay, find a public phone booth and make the call. Just give me the information tomorrow morning. Don't be so anxious. I need a little more details, including the operation status and shareholder status."
American textile companies were defeated by the Japanese in the 50s, and basically became a sunset industry in the 60s. Naturally, he would not want to invest in the American textile industry. If he wanted to invest, he should do it in Hong Kong. It just so happened that Su Yiyi's industry was also related to clothing.
But Berkshire Hathaway is quite special. It is the white glove of the future stock god Buffett. Buffett invests in different companies through it. But this company will not be privatized in the future. That gives himself a great opportunity. As long as he buys the company's stock, he can just wait for Buffett's investment returns.
The United States is such a big country with too many industries, finances, technology dividends, etc. Even a white person who traveled through time could not take them all. Therefore, investing in those capable of investment or new enterprises through financial layout is the best option.
PS: Please give me a monthly ticket
(End of this chapter)