"Boss, are you really sure to acquire Berkshire's stock at such a high price? The company's stock has risen from less than seven dollars per stock twenty-three years ago to nearly three thousand dollars per stock now, and the increase has exceeded 400 times! I think the price of this company's stock has reached its peak. If we acquire this stock, it will be very risky!" David Anderson obviously did not agree with Yang Jing's proposal.

But he didn't agree, Yang Jing was the boss, and the most important thing was that David Anderson didn't know the miracle of Berkshire Hathaway, but Yang Jing knew it clearly!

Although later generations Bill Gates and Warren Buffett have been competing for the throne of the richest man in the world, and Warren Buffett only beat Bill Gates once, this does not mean that Warren Buffett is not good. On the contrary, in some aspects, Buffett, who is known as the "God of Stocks", does better than Gates' classmates. For example, Berkshire Hathaway under Buffett's control.

Compared with Microsoft, Buffett's Berkshire Hathaway is not weak at all. Yang Jing will not let go of this behemoth with a market value greater than Microsoft in the future.

This diversified investment group with a total share capital of only 1.6455 million shares and currently only 856,000 shares of outstanding shares is definitely a weird thing.

Berkshire's predecessor was a textile factory on the verge of bankruptcy. In 1964, he was attracted by Buffett, who was keen on the verge of bankruptcy. So under the careful operation of Buffett, who was later praised as the "Stock God", this textile factory on the verge of bankruptcy began to revive. The stock price soared from less than $7 per share at that time to the highest of more than $320,000 per share in the later generations. On January 29, 2018, it even hit a magical valuation of $326,350 per share. It is the highest unit price in the world! The market value has also soared from less than $23 million in 1964 to nearly $500 billion in 2018, and is the top ten giant enterprises in the top 500 Fortune!

That's right, Berkshire's valuation has indeed soared by 400 times compared to 1964, but compared with 2018, the price of less than 3,000 US dollars per share is still far behind. Even if you buy Berkshire's stock now, this stock will have a 100-fold increase in thirty years later!

How could Yang Jing let go of this stock?

"Well, you're the boss, since you gave the order, I have to follow it." David Anderson looked a little reluctant.

Yang Jing said: "David, I am not suppressing you. I am just very optimistic about this stock, just like you are optimistic about Microsoft and Oracle. I am also very optimistic about Berkshire. According to my analysis, if nothing unexpected happens, the price of this stock will rise by about twice within three years, and it will almost reach the price of 9,000 US dollars per share. Within five years, the price of this stock will inevitably exceed 15,000 US dollars. As for the more distant future, the price of this stock is very likely to exceed 100,000 US dollars! David, believe my judgment."

When David Anderson heard what Yang Jing said so firmly, he couldn't help but feel a little shaken. "Boss, can the stock price of this stock really soar to such a high?"

Yang Jing nodded with certainty and said, "My analysis is based on Warren Buffett. Berkshire can only develop rapidly under the control of this genius investor. Therefore, when you acquire Berkshire's stock, it is best to have a contact with Buffett. Of course, when acquiring the shares of Berkshire's small shareholders, you can acquire them at a premium. I can authorize you to acquire this stock at a premium of 30%! But my requirements are the same as before. Before October this year, you must control 5% of Berkshire's stock."

As soon as the price given by Yang Jing was revealed, even David Anderson couldn't help but take a breath. The premium was 30%, which was not a small number. It seemed that the boss was really determined to acquire Berkshire's stock.

"Okay, boss, I will complete this task within the time you stipulate." Although Berkshire Hathaway's valuation is as high as 3,000 US dollars per share, the overall market value of this company is less than 5 billion US dollars. The boss requested to acquire 5% of its shares. Even if it was a 30% premium, it was nothing to KY Fund.

"Boss, are the Qualcomm and Cisco you just mentioned also the priority level?"

Yang Jing nodded and said, "Yes, Cisco and Qualcomm's investment priority ratings are the same as Microsoft, Oracle and Intel. We must acquire enough stakes before they go public."

As a joke, when will Qualcomm not investing at this time? Qualcomm, which has just been established for less than two years, will be the absolute overlord of the mobile communications industry in the future. If Intel is the hardware overlord of the computer industry, then Qualcomm is the hardware overlord of the mobile communications industry.

In the future mobile communications industry, ARM in the UK controls software licensing, while Qualcomm controls the core chips of hardware. These two companies have just been established and the other has not yet appeared, so investing in Qualcomm now is definitely an urgent task.

As for Cisco, let alone this. Everyone in the world knows what the company will be in the future! This company will be synonymous with the Internet in the future, and even surpass Microsoft when its market value is at its highest.

Now, whether it is Qualcomm or Cisco, it is just Xiaohe who has shown its sharp edge, and almost no one pays attention to these two companies. But once Qualcomm makes its mark in the mobile communications industry, Cisco has shown its hideousness in routers, so it will not be so easy to invest in these two companies.

Just like Microsoft today, it is not that easy to acquire its shares after Qualcomm and Cisco go public in the future.

"Boss, do you have anything else to tell me besides the stocks of these companies?" David Anderson asked.

Yang Jing shook his head and said, "There is nothing to pay special attention to. The stocks of these companies are listed as priority. As for other stocks, you can do it yourself. However, I suggest that it is best to prioritize large-cap blue-chip stocks. The US stock market this year is very good. Now, you can make a lot of profits with a little hug."

This is not something Yang Jing said nonsense. The US stock market before October 1987 was a super bull market. At the beginning of the year, you can buy any stock. As long as you buy it for ten months, you can make a profit of more than 50%.

For example, General Electric's stock price was only US$3.6 per share in January 1987, but by October, its stock price could soar to US$5.5 per share; IBM's stock will soar from US$28 per share in January to a maximum of US$44 per share; and the famous Citibank's stock soared from US$15 per share in January to US$48 per share in October, up 300% more...

During this period, the US stock market was like the big bull market in the Chinese stock market in 2007. You can make money by buying stocks with your eyes closed.

The most important thing is that in addition to making money in advance, Yang Jing also has an unknown purpose.

Since she has decided to start investing openly, Yang Jing must master some companies that are familiar with and able to make a lot of money in the future. For example, Microsoft, Oracle, Intel, Cisco, and Walmart, which is often ranked first in the top 500 in the future, Yang Jing will certainly not let it go. In addition, giant companies such as General Electric, General Dynamics, and IBM, holding a certain amount of stocks can enhance their social status in the United States.

Of course, it is not that easy to acquire the stocks of these companies in the stock market, but Yang Jing knows that at the end of this year there will be an excellent opportunity for him to acquire the stocks of these companies on a large scale.

That was the stock market crash that broke out on October 29, 1987.

The stock market crash that broke out on October 29, 1987 can be said to be the most tragic stock market crash in US history. The US stock market alone evaporated 500 billion US dollars of France's annual GDP in just one day!

The 500 billion US dollars in 1987 is an astronomical figure. Even if it is 10% of them, it is 50 billion US dollars!

Of course, in this stock market crash, except for dozens of stocks that did not fall, all the stocks of the companies that Yang Jing needed to invest in plummeted.

Before the stock market crash, General Electric's stock price hit $5.5 per share. As a result, on the day of the stock market crash, the stock price fell directly to $3.2, a one-day decline greater than the previous ten months; IBM's stock simply fell from $44 per share to $25.5 per share; Walmart went from the highest $5.35 per share to $2.75 per share. As for Microsoft, it fell from $48 per share to $26 per share, while Intel was even worse, and its stock price fell directly from $1.30 per share to $0.55 per share...

During the stock market crash, taking advantage of the sharp drop in the prices of these stocks, you can buy the outstanding shares of these companies at a very small price. Moreover, on the day of the stock market crash, due to the panic in the market selling, the selling orders on that day were extremely large, and as long as you have money, you can buy enough stocks!

Of course, given the strict monitoring of the US stock market, Yang Jing needs to find a good reason for himself to acquire large amounts of stocks of major companies on the day of the stock market crash, that is, stock repurchase!

On the day of the stock market crash, due to the sharp drop in stock prices, the company and its shareholders can repurchase stocks to assess the stock price. This is something that the US Securities and Exchange Commission explicitly stipulates.

If you are not a shareholder, you can take advantage of the stock market crash and buy at the bottom at a low price. If the volume is low, it doesn’t matter, but if the volume is too large, it will be investigated by the relevant departments in minutes.

Therefore, if you want to repurchase a large amount of stocks during a stock market crash, you must become an important shareholder of the company.

It is precisely for this reason that Yang Jing asked David Anderson to acquire the lowest 5% of the shares of these companies by October.

Only when you hold 5% or more of the company's stocks will you have the right to openly repurchase large amounts of stocks in the stock market crash!
Chapter completed!