Chapter 683 Shortcomings
I've made a lot of money recently.
As the value of your assets increases, you can also get a bank loan.
For unlisted companies like Shanzeiwang Media and Tudou, it is a bit troublesome to get loans from the mainland now, but it is very easy to get loans from Hong Kong. The valuations issued by professional appraisal agencies give the company's equity a reasonable price range, so they can still be used as collateral for loans.
In addition to the WM Rogers hedge fund company on Wall Street, Fan Wumian also controls several asset management companies with total assets of more than 3000 billion yuan, as well as insurance companies with more than billion yuan in assets, with a total size of nearly billion yuan.
If he had not actively suspended subscription, the total amount of assets he managed would probably be even greater.
While cooperating with the mainland authorities to suppress A-shares and continuously cashing out in an attempt to make A-shares have a soft landing, Fan Wumian has more and more available cash flow, with the total amount exceeding 1600 billion yuan. In the past half month, he has cashed out a total of more than 900 billion yuan.
This naturally prompted him to be eager to do something in the near future and acquire more high-quality assets.
Compared to the stock god Buffett who is as steady as an old dog and holds on to his money and waits and does not dare to make mistakes easily, Fan Wumian knows that even in the context of the subprime mortgage crisis and the approaching financial crisis, there are still many opportunities worth taking. Just buy on dips and there is no need to wait until the market hits the bottom.
Therefore, he has been very active recently and has contacted many real estate companies in succession, including Hengda Real Estate, which may go bankrupt in the future but has a rapid initial growth.
Looking at the short term, investing in real estate companies can make money and seize several opportunities of the rise of the mainland real estate market.
In the long run, once enough say is gained in the mainland real estate market, it will be able to effectively curb the real estate bubble in the future, prevent it from being manipulated by foreign capital, and at the same time preserve the assets of countless middle-class families.
When he believes that the real estate market has reached a bottleneck period, Fan Wumian will withdraw in time and find ways to shock the market, reminding people to be wary of crises such as housing bubbles and broken capital chains.
It is similar to cooperating with the authorities to suppress A-shares this time. Not only can we make money, but we can also gain a good reputation and buy some real estate when the time is right.
The advantages brought by the information gap will be used up sooner or later. Fan Wumian has no idea what the world will be like after 2024.
Compared to rushing around like a headless fly in the future, he believes that it would be more stable to buy up office buildings, shopping malls, hotels, etc. in first- and second-tier cities at a bargain price and become a landlord in his middle age.
If he could collect hundreds of billions or even trillions of RMB in rent a year from large-scale commercial real estate projects, Fan Wumian could still live a fulfilling life in the second half of his life. In his eyes, clean energy, minerals and the like are also good projects suitable for long-term holding.
In the past, I was only focused on making money, but now my wealth is growing rapidly like a snowball, and I can now look further ahead.
In order to design new products for the toy factory and bed sheet factory that he funded, he accidentally discovered that the copyright of the Pokémon series was so profitable, so he couldn't help but think about making plans in this area.
It has nothing to do with whether you have a big appetite or not.
The main reason is that it is already involved in the entertainment industry, and has platforms such as Penguin Group and Tudou to help incubate popular IPs. Derivative channels such as games, movies, and peripheral products are all ready-made. Feili can co-produce merchandise and promote games and monetize through Penguin's resources. It would be a waste not to utilize them.
After searching my mind for competing products, I thought about whether there was an opportunity to make money by retailing derivative products like Pokemon.
Fan Wumian realized that apart from Marvel superheroes, the remaining popular IPs such as Mickey Mouse, Donald Duck, Disney Princesses, and Winnie the Pooh are all controlled by Disney. The copyrights of Batman, Transformers, and Star Wars series should also be valuable, but unfortunately the prices are not cheap.
He can see the business potential, and so can others, and they will not easily choose to trade the goose that lays the golden eggs.
I also checked Nintendo, the parent company of Pokemon. Wow, its total market value has exceeded 740 billion US dollars, which is higher than all the assets he currently manages.
Originally, he was still feeling smug about the money he made from filming movies, but suddenly he discovered that others could make hundreds of millions or even billions of dollars a year just by relying on copyrights, which was much higher than the box office revenue of movies. This made Fan Wumian more determined to acquire Marvel Entertainment, and he began to consider incubating some animation works.
It is difficult to find a potential stock that is comparable to Pokemon, but Fan Wumian still thought of some popular IPs, such as the Minions in Despicable Me, whose derivative products are everywhere, and Peppa Pig, which seems to be not bad either, and is loved by children and some young people. With so many online games under his control, there are also opportunities to pick up some popular IPs, such as the animation of One Piece, which is currently only popular in the island country and has not yet spread to the mainland market. This naturally made Fan Wumian have the idea of setting up a special department to specialize in copyright development in the future, trying to incubate a super money-printing machine in addition to film and television and advertising.
The global economy is currently in a period of downturn, and the investment value of many high-quality assets will be highlighted. All Fan Wumian needs to do is to select targets worth investing in and try to maximize his returns.
Things like the value of IP copyright are very popular in his eyes.
If you buy the copyrights before they become popular, or when they are just becoming popular, it won’t cost much to acquire them.
Not only is the income very high, but it can also interact with game companies and film and television companies. Disney Group has reaped the benefits of those cartoon copyrights for decades. Fan Wumian thinks that he may have the opportunity to build an amusement park in the future, like the Shanghai Disneyland, with an annual revenue of tens of billions of RMB.
In the end, Zuo Ziyan succeeded.
She cheated with a pair of black stockings in her bag, and there was really no way to let her act so arrogantly.
After seeing off his girlfriend, Fan Wumian spent more than two hours looking up information and selected the first batch of targets to try to acquire. The copyrights include Peppa Pig, Ali, Legend of the Seven Heroes of Rainbow Cat and Blue Rabbit, South Korea's Pooh, and "Sweet Private Cat" which is being produced in the island country.
If he can negotiate, he also wants to get the live-action film and television adaptation rights of "One Piece" and "Dragon Ball" in advance, as well as the peripheral agency rights of "One Piece" in both sides of the Taiwan Strait and Hong Kong.
There is no need to be picky. As long as the price is not too expensive, as long as it is an IP copyright that Fan Wumian is familiar with, he can take it all, and then try to hatch some IPs with higher profits like raising a Gu.
If it is done well, there will be a chance to earn tens of billions of RMB a year in the future, and the profit may exceed that of the film and television business and Tudou.com. The problem is that the supervision of intellectual property protection in the mainland is not strict enough, and in the short term it needs to focus on opening up overseas markets.
The new project that he started casually was able to fill the gap in the IP copyright business. Fan Wumian felt that the prospects of his "entertainment empire" suddenly became much brighter.
The filming continued the next day.
I was busy from morning till night and managed to shoot about one episode.
After finishing work, Fan Wumian received information provided by McKinsey Consulting Company and found that the market valued Aston Martin at US$9 million, mainly because the "007" series brought extremely high popularity to the brand, while the valuation of Jaguar Land Rover Group was between US$25 billion and US$30 billion, making it impossible to make an accurate assessment.
Investigate the information in advance to understand the situation. Now is obviously not the best time to "pick up junk". He handed the information to Pu Jiajing. He rarely accepted interviews with reporters, so he asked the other party to meet in a hotel.
The reporter from the Global Times wanted to know why he had a large stake in Apple, and Fan Wumian had no way of refusing.
He wanted to take this opportunity to attract the attention of the mainland market and attract a group of companies to pay attention to the smartphone market in advance. Therefore, during the interview, he said with a firm tone:
"I believe that within two years, all the point-and-shoot phones on the market will gradually be phased out. Technology has developed to the point where we can launch 'handheld computers'. In the future, online shopping, gaming and socializing can all be done with a smartphone. This is why I am optimistic about Apple shares."
“The next technological revolution should originate from the rise of mobile smart terminal devices, which will in turn drive changes in semiconductors, the Internet and other industries, and subvert people’s lifestyles.”
"A large number of companies that cannot keep up with the times will be eliminated, and while countless jobs will be lost, many new employment opportunities will be created. For example, online shopping, you can order whatever you want with your mobile phone. People don't need to bring money when they go out, they can pay with their mobile phones."
"You can also locate a certain place and have a car come to pick you up, or order takeout and pay with your phone. These application ideas are not just talk. I think they can all become reality in the future. Penguin Group will try to seize the opportunity. So I totally disagree with the outside world saying that its market value is inflated. It's just getting started, so it's okay. My goal is to spend 10 years to make it a trillion Hong Kong dollars level."
With money, people and resources at his disposal, Fan Wumian is not worried that if he expresses his ideas in advance, other competitors will get there first.
If a company really develops, it will save him a lot of trouble and he can just acquire it or raise funds directly.
Sitting at the dinner table and talking freely, the female reporter opposite felt that she had made a lot of money today and had a feeling that this piece of news would become a big hit. (End of this chapter)