Chapter 742 Investing in Disney

As a time traveler, Yang Wendong naturally knew which games would be popular. Any games that had achieved success in his previous life should also be popular in this era.

However, there is one game that is quite special, that is the very famous "Tetris" in the mainland in the past. This game was not created until the mid-80s, but its structure is simple and it was completely fine in the 70s. With its popularity in the past, it is absolutely no problem to achieve certain results today.

However, Yang Wendong had not done it in the past few years because of the problem of chip computing power;
Tetris looks simple in structure, just a bunch of blocks, but it was too complicated for the early 70s. You have to know that the screen of early arcade games was full of pixels.

Only when the computing power of the chip grows to a certain level at the exponential rate of the "Moore Thread" can it support the "block".

Yang Wendong had already tested Intel's top management on this point, but he did not tell them how to play his game. Instead, he selectively put forward some requirements and asked whether they could be completed. Of course, it was not possible in the past two years, but now, with Intel's latest 6μm Intel8080, things have taken a turn for the better.

Even though he is a time traveler, he can invest in many companies and many industries, but his impact on the development of basic science and technology is very small, and Moore's Thread will not undergo any major changes because of his appearance;
In the meeting room:

After Yang Wendong finished explaining how to play the game, he continued, “I have registered the patent and copyright for the game content here, but before the game comes out, you are not allowed to tell any outsiders, including your family members;

In subsequent R&D, when you assign tasks to your subordinates, you cannot tell them the entire gameplay. Just break down the problems and let them do it. "

Before making each game, he would arrange for someone to register the patent copyright to avoid future disputes, but he would keep it confidential if possible. The copyright patent is just a protection mode and does not mean it is absolutely safe. Otherwise, if it is leaked, it would be too troublesome to file a lawsuit, or even an international lawsuit.

Of course, with Honor Electronics’ current gaming performance, and as the entire market has not yet been fully developed, it should not be targeted by other large companies. But it is hard to say about the future. To do this now, it is necessary to have an internal confidentiality system in place in advance, and also to avoid any eventuality.

Therefore, during the development of the game, only a few senior members of the internal game team will be informed. It is impossible for these core members not to know the specific situation. After all, the completion of a game requires the participation of many people.

"Understood, Mr. Yang." The people in the conference room responded one after another.

Yang Wendong continued, "If you have any questions, you can raise them now. Regarding the gameplay, I can answer them. Regarding the technology, we can discuss it. If we really can't figure it out, we can send someone to the United States to find someone, or invite someone to Hong Kong, but the principle of confidentiality is the same."

"Buzz~~" The people below started discussing with each other. After a while, one of them raised his hand and asked, "Mr. Yang, I have a question. These blocks..."

The boss said that this would be a game that he took very seriously, so his subordinates were naturally very cautious and asked a lot of questions. Yang Wendong answered them one by one, and wrote down some technical questions to be discussed in internal meetings or to ask for external help in the future.
After 2 hours, when everyone had finished discussing, Yang Wendong said, “Everyone, many problems may not be thought of now, or may only be encountered during the development process;

So there is no need to bring them up now. Let’s end today’s meeting now and discuss any issues later.”

From the perspective of the past, Tetris is a very simple game, but in this era, it is definitely very complicated. Concepts such as block elimination and scoring have never appeared in the history of games. How to arrange several different blocks to control the difficulty requires detailed calculations and experimental tests.
In fact, it's not just games. Any simple light industrial product in the past may be the result of many years of reform by countless people, but people who use it think it's very simple.

After the meeting, Yang Wendong said to Wang Zhiqun, "I just said how important this game is. You will follow the development progress of this game in person. You must find ways to overcome any difficulties, even if you have to poach people from large American companies or ask them to solve the problems part-time. You don't have to be stingy with the cost.
If Honor wants to become famous in the global market, it cannot rely on traditional products, but only on new industries. Electronic games will be our top priority in the future, and only when the games are done well will we have enough funds to invest in the traditional home appliance industry."

In the field of home appliances, the old European and American giants have long controlled the market, and the emerging Japanese giants are also working hard to grab the market. The two are now competing fiercely in the global market.

Whether in terms of brand, technology, or even quality, Honor in Hong Kong is far behind these giants. Even if the entire Changxing Group is put together, it cannot compare.
Therefore, even if there are special channels such as Best Buy and Wal-Mart in the future, if you want to reach a certain height, you must make achievements in new industries. Even Sony is strong in the fields of music playback and color TV, but it was not as good as European and American giants at the beginning;
If we want to carry out mergers and acquisitions in Europe and the United States in the future, we will need a lot of funds. It is not convenient to mobilize this money from Hong Kong because the funds in Hong Kong have their own uses. The best model is to have sufficient profitability within Honor and then initiate large-scale mergers and acquisitions through financial means. If we want to achieve this, we can only rely on games in the short term. Even future computers cannot do it in the short term, and computers will also have strong competitors.

"Yes, Mr. Yang, I will definitely follow the progress of this matter." Wang Zhiqun agreed quickly;
This was also the first time he saw his boss treat a product so carefully. You should know that Honor had many large-scale projects before, such as the development of multiple new products, cooperation with RCA, etc., but no project could make Yang Wendong very concerned. It seemed that the boss was in charge of everything, but now, he was extremely cautious.

Yang Wendong nodded and said, "Okay, I hope to get good news from you soon. Whether Honor Electronics can go global from Hong Kong depends on now."

The profits of arcade games may not be as high as those of home game consoles in the future, but as long as they are well made, they are also very high. In the past, Space Invaders made 1.2 million US dollars from the US in one year. Even in the real estate and financial industries of Hong Kong, few can match this figure.

And the return of games is not a one-time thing. If there is money made this year, there will be money made next year. If the US market can make money, other markets can also make money, just to a certain extent. In the future, it can even be transferred to home game consoles, computers and even mobile phones.

This is also the strongest point of game copyright. General technical patents only last 15-20 years, while the life of copyright can easily reach decades or even more than a hundred years. If some concepts are continuously updated, they can be cycled indefinitely, just like Disney's Mickey Mouse, and the copyright cycle may be tossed.

After arranging things in Hong Kong, Yang Wendong set off again and took a private plane to the United States; New York City:
Yang Wendong checked into the presidential suite of the Waldorf Astoria Hotel. Lin Youcheng, who was in charge of the US business, also rushed over and reported, "Mr. Yang, this is Buffett's investment target in the recent period. Please take a look first."

"Okay." Yang Wendong took the information, glanced at it, and said with a smile, "Buffett has quite a few investment targets, right?"

Lin Youqi said: "Yes, the US economy fell into a major recession last year, and stocks across the US plummeted. Just like Hong Kong in 73, there were opportunities to buy at the bottom everywhere;

However, no one knows when the bottom will come, and few people dare to buy stocks against the trend. But Buffett almost went all in, not only spending the funds of Berkshire and his own fund, but also borrowing from many American banks to buy stocks. Some people on Wall Street said he was crazy. "

"Buffett was sober when others were crazy. Now others seem sober, but Buffett is crazy." Yang Wendong nodded.

"Yes, Buffett actually came here once in 69 and succeeded." Lin Youqi asked again: "Then Mr. Yang, do we need to follow Buffett and invest in these targets?"

"Just follow a little, not too much, just invest 20 to 30 million US dollars, follow Buffett's ratio, no need to think too much." Yang Wendong nodded, and then said: "This time I came to the United States, in the financial field, I also need you to buy stocks of a company, which has nothing to do with Buffett's investment targets."

Because he didn't understand the US stock market in the 70s, even though he had made a lot of dollars from his previous business in the US and the oil crisis, he didn't dare to invest too much in US stocks. There were too many tricks involved, and he didn't have much confidence against the people on Wall Street.
But if you follow Buffett and invest for the long term, it will definitely be worthwhile;

But if you come across a future giant, you can also invest in it individually, such as Berkshire, Intel, Nike, etc.

Lin Youqi asked: "Which company's stock?"

Changxing Group has made a lot of investments in the United States, but it has made very few targeted investments in stocks of listed companies. Berkshire is the only one, and Walmart also invested first and then went public.

Yang Wendong pointed to a comic book in his hand and said, "This one."

"Disney?" Lin Youqi was shocked when he saw the Mickey Mouse that Yang Wendong was pointing at. He asked, "Mr. Yang, you are not planning to acquire Disney, are you?"

"I don't have such an idea. Although Disney does not involve national security, it is also a symbol of American spiritual culture. It is almost impossible for foreign capital to acquire such a company." Yang Wendong shook his head and said, "This time, I am only looking at it from an economic investment perspective. I am simply optimistic about the future of this company. And you also know that I also have a comics company in Asia. Maybe after the investment, we can still cooperate."

Disney, as a company that almost everyone in the world will know in the future, naturally has a very high return on investment;

Yang Wendong didn’t pay much attention to it at first, but when he collected information about the top listed companies in the United States a month ago, he found that Disney’s market value was only $500 million;
This number is naturally an astronomical figure in this era, but it is not enough when compared with the top companies in the United States. For example, RCA, which has cooperated with Changxing Group, has a market value of 30 billion US dollars, and General Electric, Kodak, etc. have a market value of more than billion US dollars.

The most fundamental reason for this is that after the death of Walt Disney, the founder of Disney, in 1966, the entire Disney company fell into an operational crisis. For many years, apart from gnawing at its previous historical achievements, there were almost no new movies or stories released;
A few years ago, Disney had strong capital and could support it a little more. In addition, the capital market would have a certain buffer time after the founder's death, so there was no big adverse reaction. But it has been nearly ten years, and the US economy is not good, so Disney's stock has been falling, falling to today's $5 million;
The reason why it is still worth $5 million is largely because it has a lot of fixed assets, brand copyrights, etc., the value of which still exists, so it supports the stock price;
Historically, after Disney took off in the 90s, its market value exceeded 400 billion US dollars. After the new century, with the help of Marvel, it successfully entered the 2000 billion US dollar club. In the non-Internet industry and electronic technology industry, this achievement is also among the best in the world.

Of course, because of its existence, it is hard to say how the global comics or entertainment industry will develop in the future, but no matter what, this investment will never be a loss. After all, relying only on copyrights such as Mickey Mouse, Disneyland, etc., Disney's future will not be bad.

Lin Youqi also put his thoughts aside and asked, "Then how many Disney shares do we need to buy?"

Yang Wendong said: "Let's buy about 10% first. The Disney family itself still holds a lot of shares, and some institutions also hold a lot. There are not many shares on the market. If we buy too much, it will be easy to be discovered, and our funds are limited."

Lin Youqi then asked, “Then do we acquire it on the stock market? According to US law, once it exceeds 5%, we need to disclose the acquisition information. If we don’t disclose it, then the stocks we acquire in the future cannot be seen in the public, otherwise we may be investigated.”

"We may still need to cooperate with Disney in the future." Yang Wendong thought for a while and said, "Let's acquire them first, but not publicly. When we need cooperation in the future, we can acquire some more. Anyway, there is plenty of time."

Unlike the acquisitions in Hong Kong, some acquisitions in the United States have plenty of time. The future Disney only started to revive in the 80s. If you want to cooperate or have other plans, you can talk about it at that time.
After all, history has changed too much, and what he will do in the future depends on the specific situation. He is not sure about it now.

PS: Please give me a monthly ticket
(End of this chapter)

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