MOTGAR :: Volume #19

#1852: At the turn of the century

LNMTL needs user funding to survive Read More

Looks back on the rebirth later time, unknowingly has crossed for a long time, was born from 1983, had passed for more than ten years by the present. 回首重生之后的时光,不知不觉已经过了好久,从1983年呱呱坠地,到现在已经过去了十多年。 Was just born in the later several years to be in the middle of the economic crisis, a large quantities of enterprise market value dropped sharply, was lower than their proper level, moreover limited to the economic condition, the development was full of potential, however Han Xuan did not have the idea of investment at that time, but calm and steady worked as at home „child”. 刚来出生之后的几年里处于经济危机当中,一大批企业市值大跌,低于它们应有的水平,另外受限于经济情况,发展潜力十足,然而当时韩宣没有投资的想法,只是安安稳稳在家当个“小孩”。 After the real transformation should to be enters Brown University, although missed the Microsoft, Intel, Oracle, ibm and other company rapid expansion of the ages, however Han Xuan has not missed the enormous and powerful Internet industry development tide, these companies bring a big wealth for him, particularly the cash flow wealth, laid the foundation for his expansion. 真正的转变应该要属进入布朗大学之后,虽然错过了微软、英特尔、甲骨文、ibm等公司迅速扩张的年代,然而韩宣没有错过浩浩荡荡的互联网产业发展浪潮,那些公司为他带来一大笔财富,尤其是现金流财富,为他的扩张奠定了基础。 Short of development time, seems somewhat unthinkable, but truly really occurrence, because has the adequate fund and relations, in addition exceeds others „investment foresight”, the rise speed may be called astonishing! 发展时间之短,看似有些匪夷所思,但确实真的发生了,因为拥有足够的资金和关系,再加上超越旁人的“投资远见”,崛起速度堪称惊人！ The family members, enterprises, love and other other people long for thing Han Xuan obtained has, to life satisfied at the same time, the day long also cannot help but feel senseless, 2000 Sydney Olympics Han Xuan have not gone to participate, many people therefore are disappointed, the foreign view is the age is insufficient, however knows that the person of inside story actually understands, was actually Han Xuan rejects. 家人、事业、爱情等各种旁人所渴望得到的东西韩宣都有,对生活满足的同时,日子久了也难免觉得无趣,2000的悉尼奥运会韩宣没有去参加,不少人因此感到失望,对外的说法是年纪不够,然而知道内幕的人却明白,其实是韩宣自己拒绝了。 In the new century, has the change except for the digit of demonstration age, other seemed to be the same as before, the memory of people compared with imagination in complex, regarding century beginning that late tragedy, many people still remember profoundly, but the sentiment is not intense, the hatred also remained in people heart, the day is still continuing. 进入新世纪,除了展示年代的数字出现变化,其他似乎都跟以前一样,人们的记忆比想象中复杂,对于世纪初那晚的惨剧,许多人还深刻记得,只不过感情没那么强烈了,仇恨还残留在人们心底,日子还在继续。 As a result of the turbulence unceasingly, War Hawk had the opportunity, presidential election time Bush Jr. shows talent for the first time, steadily reduces with the disparity of vice president Mr. Gore, finally overturns in the astonished look of people, occupied the White House officially. 由于动荡不断,鹰派有了可乘之机,总统大选时候小布什崭露头角,不断缩短和副总统戈尔先生的差距,最后在民众们的惊异眼神中翻盘,正式入主了白宫。 Was Clinton's years to pass quietly, the shortly after influence of Bush dynasty further was increased, took office on a signature bill, the army finally no longer peacefully, when the rainstorm wanted, was the good time that many people got rich, profited rises from the oil price, Han Xuan also therefore made a change. 属于克林顿的时代悄悄过去了,布什王朝的势力进一步提升,上任不久后就签署一项法案,军队终于不再安静,暴雨欲来之际,也是不少人发财的好时候,受益于油价疯涨,韩宣也因此赚了点小钱。 Are not many, 20 billion US dollars, are used putting in the bag Disney, the remaining money invest Canadian Bombardier Group, for developing eurysome big passenger plane and High Speed Rail. 不多,也就两百亿美元,用来将迪斯尼给收入囊中,剩下的钱则投入加拿大庞巴迪集团,用于开发宽体大客机和高铁。 In the silence, the human society changed, the wireless net faced the world officially, the network speed was also raised sharply, the monotonous tasteless Internet, all of a sudden became splendid, various high-end electronic products, entered everyone, what a pity fell into developed the bottleneck, the span was not too big. 在悄无声息间,人类社会发生了转变,无线网正式面向全球了,网络速度也大幅提升,原本单调无味的互联网,一下子变得精彩了起来,各种高端电子产品,也进入千家万户,可惜陷入了发展瓶颈,跨度并不是太大。 In the technology product has the Moore's Law, this world as if also fell into the middle of some law, if divides simply, is ten years has a leap probably, all kinds of novel goods emerge one after another incessantly, world not like this time splendid. 科技产品中有摩尔定律,这个世界仿佛也陷入了某个定律当中,如果简单来划分,大概是十年产生一次飞跃,各种各样的新奇物品层出不穷,世界从没有像这个时代一样精彩过。 Mentioning is not strange, for example engine bed, after there is a low-end engine bed, can manufacture a higher-end engine bed slowly, after being accumulated each time, will then study a more advanced thing. 说来也不奇怪,就比如机床,当有了低端机床后,就能慢慢制作更高端的机床,每次经过积累后,便会研究出更先进的东西。 „721 principles” manifest especially obviously, so-called „721 principles” on Han Xuan these Internet companies, will refer to a super company grabbing the market 70% shares, the second child will grab about 20% shares, other 10% will be eaten by several small companies. “721法则”在韩宣那些互联网公司身上体现得尤为明显,所谓“721法则”,是指一个超级公司会占据市场百分之七十的份额,老二会占据百分之二十左右的份额,剩余的百分之十由几家小公司分食。 The free competition will cause the relative centralism of production, when produces the concentrating development certain stage, will form the trade monopoly under the function of capital, a super company a little position, but is not too many, however ten and 20 such companies, that appeared very terrifying, he developed recently very smoothly. 自由竞争将引起生产的相对集中,当生产集中发展到一定阶段,在资本的作用下就会形成行业垄断,一家超级公司有点地位,但不是太多,然而有十家、二十家这样的公司,那就显得很恐怖了,他最近发展得挺顺利。 In the Internet industry has is developed, for example „seesaw law” and „free principle” and „250 laws” and „ Davidow law „ wait/etc, some rules are Han Xuan are actually set, conforms to the industry rule very much. 互联网产业中有许多被人们熟知的发展,比如“跷跷板定律”、“免费法则”、“250定律”、“达维多定律“等等,其实一些规则是韩宣制定出来的,很符合行业规律。 With the seesaw law, after the Internet crisis breaks out, after a round of two or three-year baptism, the remaining Internet enterprises instead rapidly developed. 就拿跷跷板定律来说,互联网危机爆发后,经过一轮长达两三年时间的洗礼,剩下的互联网企业反而迅猛发展了起来。 In 2001 end of the year, 在2001年年尾, The NASDAQ index falls to more than 1700 point, altogether falls almost 2/3, Han Xuan after the index falls below 2000 points starts the repurchased stock , is like y, gossip and other enterprises. Many investors are feeling suffocated, because were the high price bought at that time, but actually sold out with low price, after seeing Han Xuan buy-back these stocks, the stock price fell again, but also expressed had rejoiced, after all for these years an Internet kind of stock wants to ask the taking over a business hero is not easy, however recently as if had the trend of return to warmer weather, the reason was some high-quality Internet enterprises starts to gain, displays the good market prospect...... 纳斯达克指数跌到一千七百多点,总共跌去差不多三分之二,韩宣在指数跌破两千点后就开始回购股票,就拿y、gossip等企业也一样。不少投资人憋着气,因为当时自己是高价买回来,但是却低价卖掉了,看见韩宣回购这些股份之后,股价再次下跌,还表示过庆幸,毕竟这几年互联网类股票想找接盘侠可不容易,然而最近似乎有了回暖的趋势,原因是一些优质互联网企业开始盈利,表现出不俗的市场前景…… The Old Man Han long lasting work, perhaps because of the too tired reason, in 2002 year after year was newborn. the big sickness, said that was big, says slightly big, in the kidney had the stone, stopped the work training several months, lived in Snow Mountain Ranch, that days were especially long to the Han fathers, he really did not want every day to face oneself this father 韩老爷子长期工作,或许是因为太劳累的缘故,在2002年年初生了场大病,说大不大,说小不小,肾内有结石,停止工作修养了几个月,就住在雪山牧场,那段日子对韩老爹而言格外漫长,他真不希望每天面对自己这位老爸。 The daughter unconscious learned of Secretary Dawson spoke, Jason also has a child, was the boy, second year his wife was pregnant again, had a boy, this made Jason, actually want a daughter disappointedly in advance, dissolute Gabriel was taught very well by Dawson Secretary biological elder sister Miss Alexis, possibly was because the age did not grow so many energy reasons, and she married during 40 th this year, was making the best use of the time to prepare is pregnant, Han Xuan became their best men. 道森秘书的女儿不知不觉学会说话,杰森也生了个孩子,是男孩,第二年他老婆再次怀孕,又生了个男孩,这让杰森失望不已,事前其实一直想要个女儿,浪荡的加布里尔被道森秘书亲姐姐亚历克西斯小姐管教得很好,可能是由于年纪增长没那么多精力的缘故,在四十岁这年和她结婚了,正在抓紧时间备孕当中,韩宣当了他们的伴郎。 Is, Secretary Shen Yutong has not come back, after Olivia University graduates, still keeps the Han Xuan side work, this did not affect her own to start an undertaking, invests one specially to design the nuptial dress the work room, usually made the professional manager help manage. 还有就是,沈语彤秘书没回来,奥利维亚大学毕业后依然留在韩宣身边工作,这不影响她自己创业,投资了一家专门设计婚纱的工作室,平时让职业经理人帮忙管理。 For the Han Xuan work, has the company continues her, George and Jason, Owen, Gabriel they, formed a partnership to invest a medium casino, the position in the Dubai seashore, besides a big luxurious casino that Han Xuan and Dubai imperial family invested, only then their legitimate small-scale casino, makes fully the money of enough retirement. 为韩宣工作,却拥有自己公司的不止她一位,乔治和杰森、欧文、加布里尔他们,也合伙投资了一家中型赌场,位置在迪拜海边,除了韩宣和迪拜皇室投资的一家大型豪华赌场以外,只有他们这一家合法小型赌场,算是赚足了足够养老的钱。 The Han spiral building situated in Manhattan has been operational, how long the reputation of first tall building has not maintained, the completing Dubai tower was taken away „the world's first tall building” by 2004 title, Han Xuan holds its 49% stocks luckily, is one of the Han industries, top level of seashore Caravelle Hotel, leaves leeway one to belong to the Han Xuan presidential suite forever specially, even housing stock again anxiously still non- opening to the outside world. 位于曼哈顿的韩氏螺旋大厦早就投入使用,第一高楼的名头没保持多久,就被2004年建成的迪拜塔夺去“世界第一高楼”头衔,幸好韩宣持有它百分之四十九股份,也算是韩家的产业之一,在海边帆船酒店顶层,永远留有一间专属于韩宣的总统套房,即使房源再紧张也不对外开放。 Initially people thought that he went to Dubai investment is a wrong decision, the fact actually hit the faces of many, it developed truly, most made money must be the real estate industry, the snowy mountain real estate and Donald's company same place, fished many wealth in that side. 当初人们觉得他去迪拜投资是项错误的决定,事实却打了不少人的脸,它真正发展起来了,最赚钱的还要属房地产行业,雪山地产和唐纳德的公司一起,在那边捞到不少财富。 The asset springs up everywhere, from United States toward the global expansion, the enterprise welcomed second gradually spring, the worth that because the Internet bubble lost started to rise again, was close to 1 trillion US dollars again, this assets structure was obviously healthier, so long as the human society existing order did not crash, people almost could not see the possibility that Han Jia went bankrupt, the ratio of debt to net worth, only then about 30%, moreover there is a continuous cash to pour into, will not present the big crisis, solid the reputation of United States third financial group. 资产可谓是遍地开花,从美国往全球扩张,事业渐渐迎来第二春,因为互联网泡沫损失的身价开始回升,再次接近万亿美元,这回的资产结构显然更加健康,只要人类社会现有秩序不崩塌,人们几乎看不到韩家破产的可能,负债率只有百分之三十左右,而且还有源源不断的现金注入,怎么也不会出现大危机,坐实了美国第三财团的名头。 What worried, does not need to worry money again, Grandfather Han Xuan Guo Muzhou bustled about for several years, now steps down again secretly, asset pack „selling” to Han Xuan, under the name are many tens of billions US dollars, visits the world happily. 什么都愁,就是不用再愁钱,韩宣外公郭穆州忙碌了几年,现在再次退居幕后,将资产打包“卖”给韩宣,名下多出上百亿美元,开开心心环游世界。 Also Han Xuan Grandma is also similar, after being weary, please the professional manager help manage bsp ; the sos convenience store has not gone on the market, after conforming with the later transport company took the lead to go on the market, now the market value reaches as high as 260 billion US dollars, the scale was a little really scary, the entire North America mainland was occupied the majority markets not to say by it, overseas business also huge to astonishing. 韩宣奶奶也差不多,厌倦了之后也请职业经理人帮忙管理bsp;sos便利店还是没有上市,经过整合之后的运输公司率先上市了,如今市值高达两千六百亿美元,规模着实有点吓人,整个北美大陆被它占据了大部分市场不说,海外业务也庞大到惊人。 Now is only global 500 enterprises, Han controlled stock 14, many of share-holding, in 2005 beginning of the year met the time, was only the worth over hundred million executives, came more than 100, disclosed each time big news, the New York stock exchange must shake three to shake. 现在光是世界500强企业,韩家就控股了十四家,参股的更多,2005年开年会时候,光是身价过亿的高管,就来了一百多位,每次透露出重大消息,纽约证券交易所都要抖三抖。 The foundation hits well, the building can construct high, Han Xuan more than ten years ago the seemingly chaotic investment technique, obviously the itself/Ben is chaotic, however is actually analyzed the profound meaning by the experts now, praising his mind is astonishing, if which economical and commercial study professor often does not mention the Han Xuan name, will be considered will unable to keep up with the time, will present many to study his organization specially. 根基打得好,楼才能建得高,韩宣十多年前看似杂乱无章的投资手法,明明本就是杂乱无章,然而现在却被专家们分析出了深意,夸赞他头脑惊人,如果哪位经济、商业学教授不时常提提韩宣的名字,会被认为跟不上时代,甚至出现许多专门研究他的组织。 With purchasing Aston Martin, Maserati and other enterprises, the han's automobile group that forms, its last year turnover was in the peer's second position, successfully depresses uses in common with Chrysler Waits for Established Enterprises, slightly is only lower than Japanese Toyota. 就拿收购阿斯顿-马丁、玛莎拉蒂等企业,组建出来的han’s汽车集团来说,它去年的营业额占据了同行第二位置,成功压下通用和克莱斯勒等老牌企业,只比日本丰田稍低一些。 Mentioned the automobile, has saying that happened at Han Xuan amusing thing. 提到汽车,就不得不说一件发生在韩宣身上的趣事。 In the 90's, Han Xuan then produced the idea of purchasing Germany Volkswagen Group, until the present, because the lawsuit has not succeeded, but the process, made many investors remember with eternal gratitude in this period sufficiently, the people look like seeing a play to be the same, are watching the development. 早在九十年代,韩宣便产生了收购德国大众汽车集团的想法,直到如今,因为官司还没成功,但是期间发生的经过,却足以让许多投资者们刻骨铭心,民众们就像是在看戏一样,关注着事态发展。 The cause must mention from 2000 in August, the han's automobile group of progressing day by day, announced that suddenly, prepared to purchase Volkswagon, and holds 42.7% stocks. 起因要从2000的八月份说起,蒸蒸日上的han’s汽车集团,突然发布消息说,准备收购德国大众,并且已经持有百分之四十二点七股份。 Different with other purchases, the news of which company so long as originally spreads purchases, then the opposite party company definitely with hitting the chicken blood was the same, the market value rubs to open upward, the stock price does not rise 30% to calculate to throw, finally causes the purchase time covertly, negotiated with the Shell. 和其他收购案不同,原先只要传出收购哪家公司的消息,那么对方公司肯定和打了鸡血一样,市值蹭蹭蹭往上张,股价不涨个百分之三十都算扑,最后导致收购时候都偷偷摸摸的,用空壳公司进行谈判。 But this difference, after the han's automobile group prepares purchases the news of populace to pass on, the stock price of populace instead...... falls. 而这次不同,当han’s汽车集团准备收购大众的消息传出去之后,大众的股价反而……跌了。 The investors who one group has the populace stock are collectively scared, the fiery careful state of the internal organs was just drenched the ice water, actually wonders in what happened, this does not conform to the common sense obviously. 一帮持有大众股票的投资者们集体傻眼,刚火热的小心脏像是被淋了冰水,纳闷于究竟发生什么事,这明显不符合常理。 the han's automobile group develops rapidly, it is a new enterprise that has the background, also has the vitality that the new company has, in addition the post-sale service of improvement, unveils the product each time, hot does not want, without spending for several years stands firm in the market. han’s汽车集团迅速发展,它是一家拥有底蕴的新企业,同时又拥有新公司所具有的朝气,再加上完善的售后服务,每次推出产品,都火的不要不要的,没花几年就在市场里站稳了脚跟。 The Volkswagen stock price falls does not gather the common sense, they naturally stupidly to not helping Han Xuan will be busy, reduce the stock price to make him purchase, the fallen real reason will be because, the European major hedge funds are selling short the stock of populace! 大众公司股价下跌不合常理,他们当然不会傻到帮韩宣忙,压低股价让他收购,下跌的真实原因是因为,欧洲各大对冲基金在卖空大众的股票！ Can have the fellows who the mind does the hedge fund, being almost impossible to be a fool, they know certainly, if successfully purchases, the stock of Volkswagen Group will rise certainly. 能够有头脑搞对冲基金的家伙们,几乎不可能会是傻子,他们当然知道如果成功收购,大众集团的股票铁定会上涨。 But acquires a listed company, overwhelming majorities do not succeed then die for a righteous cause, if successful, was acquired the company is the stock price favors certainly, but if purchases inadequately, was purchased the stock price of listed company, will definitely come one wave to fall. 只不过收购一家上市公司,绝大多数都是不成功便成仁,如果成功,被收购公司当然是股价看好,但假如收购不成,被收购上市公司的股价,肯定会来一波下跌。 These hedge funds concluded, this purchase cannot achieve, therefore dares to short unscrupulously, German Volkswagen is not the general company, is the same like the name of this company, it is really „populace” company. 那些对冲基金断定,这场收购不会达成,所以才敢肆无忌惮地做空,德国大众公司不是一般的公司,就如同这家公司的名字一样,它真是“大众们”的公司。 During the second war, Hitler took over for use this company to make the ordnance, from this had the official stock, after the war to prevent this company, was purchased by the foreign company, the German government specially is Volkswagen, customized «Populace Bill». 早在二战期间,希特勒曾经征用过这家公司制造军用品,由此产生了官方股份,战后为了防止这家公司,被外国公司收购,德国政府专门为大众公司,量身定做了一部《大众法案》。 According to German «Law of corporation» stipulated that so long as owns stocks to achieve 75% to a company, even obtained the control of this/should company, but «Populace Bill» stipulated when has the stock of Volkswagen occupies below 20%, according to actual ownership percentage computation voting rights, when the ownership percentage surpasses 20%, the voting rights no longer increase, only if holds over 80% Volkswagen stocks. 按照德国的《公司法》规定,只要对一家公司持股达到百分之七十五,就算取得了该公司的控制权,但《大众法案》规定,持有大众公司的股份占到百分之二十以下时,按实际持股比例计算投票权,当持股比例超过百分之二十,投票权就不再增加,除非持有百分之八十以上的大众公司股份。 As for stipulating 80% reasons , because the official controlled 20.1%, such 0.1%, cause, even if plunders all stocks on market, will not obtain the holding power. 至于规定百分之八十的原因,是由于官方控制了百分之二十点一,就这么百分之零点一,导致即使搜刮完市面上的所有股票,也不会取得控股权。 20.1% official stocks, are held by Volkswagen location Lower Saxony, legally speaking, belongs to the state taxpayers simultaneously, if must release the stock, must raise Jiaozhou Parliament to vote, does not do well must start the referendum. 百分之二十点一的官方股份,由大众公司所在地下萨克森州持有,从法律上讲,同时归全州纳税人所有,如果要释放股份,必须提交州议会表决,弄不好还得启动公民投票。 Therefore, everyone very clear Han Xuan is almost impossible to take these official stocks, even if really takes, the sound should still make it is well known, the hedge fund is always well-informed, has definitely had long known the news, when the time comes transforms the wind direction is not late. 所以,大家很清楚韩宣几乎不可能拿下这些官方股份,即便真的去拿,动静也会闹得人人皆知,对冲基金向来消息灵通,肯定早就知道消息,到时候转变风向也不迟。 When people discovered that the han's automobile group, really the start purchases the Volkswagen stock in the market . Moreover the quantity are many, this makes many hedge fund strategists chuckle, is not only Europe, even United States some hedge funds, run to short the stock of Volkswagen. 当人们发现han’s汽车集团,真的开始在市场上购买大众公司股份,而且量还不少,这让众多对冲基金操盘手们窃喜不已,不仅是欧洲,连美国的一些对冲基金,都跑来做空大众公司的股票。 Afterward, Han Xuan looked for European Union, considered German «Populace Bill» directly, said that it violated «Fair trade Law», one month later ruled «Populace Bill» invalid, since European Union has been founded is so long, the first management is so rapid, the side also responds his energy in a big way. 后来,韩宣找上欧盟,直接告了德国《大众法案》,说它违反了《公平交易法》,一个月后就判决《大众法案》无效,欧盟成立那么久以来,第一次办事这么迅速,侧面也反应出他的能量有多大。 One group of hedge funds, knelt, the populace market value rises, they lose seriously...... 一帮对冲基金,就这么跪了,大众市值上涨,他们损失惨重…… The chapter were too many, in addition the span is big, makes a fresh start, 4000 characters, carry over to the next year tonight, one chapter ~ wished everyone New Year's Day joyful, wants 2018, in the book also carried over to the next year ~ 章节太多了,再加上跨度较大,重新开始吧,四千字,今晚跨年,就一章啦~祝大家元旦快乐,要2018了,书里也跨年~ Browsing reading address: 浏览阅读地址:
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