Chapter 1420

"Al, I know what you're worried about, but regardless of the outside world's doubts and the media's clamour, my Freetown investment company and Gaia company are not the investment banks with heavy losses on Wall Street.

At the end of this year, dividends will be paid as usual. The proportion of dividends I promised will not be changed. This is what everyone deserves! "

In Starbucks chairman's office, the boss chair is slightly inclined to the desk. Andy leans on the back of the boss chair in a comfortable position and looks at the five video windows on the computer screen. He says in an indisputable voice.

"Pa Pa Pa --"

"long live the boss..."

。。。。。。

In the speaker beside the desk, there were noisy cheers and very warm applause. Looking at the excited appearance of subordinates in New York headquarters, London, Tokyo and all branches of Mordor, Andy's mouth slightly rose, and he was pleased with their kneeling Tian.

For Wall Street, "recognize money but not people" is the only rule. As long as employees can bring profits to the company, they should be rewarded well.

Although it may cost hundreds of millions, or even close to $1 billion, it's better than paying taxes to the U.S. government honestly!

As for alvertriel's concerns, such as the media, politicians and people's attacks on the year-end dividend of Wall Street investment banks in recent times, what they said: "American taxpayers do not want to see their money thrown into the fire. In order to save Wall Street, the government has taken hundreds of billions of dollars from taxpayers..." Go to hell with all the criticism like yunyun!

"To hell with those attacks!" When the subordinates in the video conference calmed down, Andy said directly what he thought: "John Mack of Mg Stanley should give up the dividend at the end of the year.

Stanley was not only merged, huge losses, performance decline, what face he has to take dividends, he is very clear, this is not his high-profile. And Blankfein of Goldman Sachs, for them, it's not a matter of talking about the amount of dividend at the end of the year at all. They shouldn't ask for personal bonus while the company receives government aid.

We don't rely on the government's help, no one can say we are! "

All the subordinates in several video windows are smiling and nodding their heads. They earn money for the boss by their ability. The boss should avoid the situation of the company's elite loss and pay the year-end dividend. Otherwise, the brain drain will be fatal to any organization.

"In fact, the reason why the dividend issue at the end of this year has attracted so many attacks is mainly because the CEO of Merrill Lynch, who has become a subsidiary of Bank of America, Thain's obsession with his year-end bonus.

Thain suggested to the board of directors that, in view of his timely sale of the company to Bank of America at a good price, the company should pay him $10 million in bonus, which was poked out by the Wall Street Journal at the end of the meeting, which caused people's anger and criticism. "

With a smile on his face, alvert explained that, naturally, alvert would not be unable to get along with the bonus. However, he had been worried before. After all, if the boss really wanted to pay as promised, then the bonus distribution of Freetown investment company and Gaia investment company at the end of this year would be very eye-catching, which would inevitably lead to some criticism and attack.

"Haha, this guy is also unlucky. I believe that in such a mess, Merrill's compensation committee will definitely refuse his request. He deserved it. Now it's out of the question. I'm afraid he wants to blow up the heart of the Wall Street Journal... "

Andy shakes his head and chuckles. There is no doubt that the CEO of Merrill Lynch has let his own people go to hell.

"Bud, today's stock market is soaring. How are our earnings?"

Badstone heard the boss ask about the recent harvest, his face with a smile and shaking his head: "although he has been making money, but the income is not satisfactory. Today's rise is only stimulated by the economic recovery plan thrown out by President-elect Obama Heiniu and the news that the automotive industry giant is likely to get the help of the U.S. government.

Now the U.S. stock market has entered a period of madness, with no rules to speak of. A little rumor and news may lead to great changes. After the whole economy has fallen into a crisis that hasn't happened for many years, it's very difficult to judge the value of corporate stocks, and value investment has also become a topic of debate in the current market. "

"Ha ha, it seems that most market investors still have respect for the" God of stocks ", even if they lose a lot of money with him." Andy chuckled, his mouth slightly raised, showing a faint sneer.

"Respect comes from respect. After all, over the years, there have been many supporters of his theory of value investment. However, the" God of stocks "bought Goldman's preferred shares above $100. In the following month, Goldman's shares fell to nearly $50 a share.

If these investors in the market really believe in Buffett's judgment, they should buy Goldman Sachs shares at a 50% discount now.

But now it's the opposite. Investors are full of doubts about Goldman's profitability. Even if the current static P / E ratio is less than 5 times, but considering the future earnings situation is unknown, investors are still afraid to buy stocks and hold them for a long time. "Alvette naturally knows that since Buffett almost publicly accused his boss of shorting Ge last time, the relationship between the two has fallen to the freezing point.

However, it has to be said that Buffett is Buffett. I'm afraid it's very difficult to see his jokes. Moreover, decades of accumulated prestige and successful experience, the position and influence of the stock god are hard to shake, and it's not wise to be an enemy.

Of course, Andy is also very clear about this. In the past life, the media around the world have been full of hype about Buffett's heavy losses in the economic crisis, but the other side is still ranked in the top three Forbes rich list every year, and even pushed Bill Gates to be the number one for many years.

There can be likes and dislikes in his heart, but this kind of disgust can't be taken as the basis of his life. Although he and Buffett are somewhat estranged, Andy still sends the invitation of engagement reception to each other.

Children can be divided into right and wrong, adults only look at the pros and cons!

"In fact, the main reason for the loss of investment judgment is the uncertainty of the overall economic outlook." Bardstone began to express his views, and hoped to take this opportunity for all the financial staff to participate in the meeting and discuss.

"Fundamentally, the development profit of an enterprise depends on the demand of the market. If there is no demand in the market, the enterprise naturally has no room for profit.

Since the outbreak of the financial crisis, ordinary investors in the United States have suffered heavy losses. With the deterioration of the economic crisis, a large number of layoffs have been made by enterprises, the unemployment rate has continued to rise, consumer confidence has been severely hit, and market demand has declined significantly.

At present, in addition to Wal Mart, McDonald's and other mass merchandising enterprises can maintain growth in the crisis, a large number of enterprises have been hit.

Now the stock price is in the process of readjustment. Whether the price level is on the high side or on the low side depends on the development space of the enterprise in the future. For value investors, the most difficult thing is that they can't judge whether the enterprise can return to the normal profit level after the crisis.

Boss, if the financial storm will be over in the first half of next year, should we set up a data analysis and tracking group of listed companies now to screen out outstanding listed companies, make preparations in advance, and then make bottom-up investment? "

Andy Shu started his brow and nodded in agreement. "Indeed, we should investigate the layout in advance. This matter will be given to you as a free city. No problem, Bud."

"No, we are very well staffed now." Bardstone did not hesitate to take up the task.

You should know that when taking over the financial business of the bankrupt Lehman company, bardstone and alvert Rielle both impolitely poached a lot of elites. In addition to the large-scale layoffs on Wall Street, the size of the companies in Freedom City and Gaia has experienced a rapid expansion, which is not a small company with more than a dozen small fish.