"Al, I know what you are worried about, but ignore the doubts and the media's clamor. My Liberty City Investment Company and Gaia are not those investment banks that have suffered heavy losses on Wall Street.

The dividends will be distributed as usual at the end of this year. The dividend ratio I promised will not change at all. This is what everyone deserves!”

In the office of Starbucks, the boss's chair was slightly diagonally facing the desk. Andy leaned on the back of the boss's chair in a comfortable position, looking at the five video windows separated from the computer screen, and said in a unquestionable tone.

"Pai Pa"

"Long live the boss..."

Noisy cheers and very warm applause sounded from the speakers beside the desk. Looking at the excitement of the subordinates at the headquarters in New York, London, Tokyo, and various branches of the Magic City, Andy's mouth slightly raised, and he was happy to accept the kneeling of his subordinates.

For Wall Street, "recognizing money but not people" is the only criterion. As long as employees who can bring profits to the company, they will naturally have to be rewarded well.

Although you may have to pay hundreds of millions of dollars this time, or even close to $1 billion in dividends at the end of the year, it is better than paying taxes honestly to the US government!

As for Alvetre’s concerns, such as the recent media, politicians and the public’s criticism of Wall Street’s investment banks’ dividends at the end of the year, saying, “American taxpayers do not want to see their money thrown into the fire pit. In order to save Wall Street, the government has taken hundreds of billions of dollars from taxpayers…” criticisms like Yunyun are all going to hell!

"Let those criticisms go hell!" When the subordinates in the video conference calmed down, Andy said directly: "It is appropriate for John McG Stanley's to give up the dividends at the end of the year.

Not only was Stanley merged, with huge losses and a decline in performance, he knew very well that this was not his noble character. There was also Goldman Sachs' Blankfein, for them, it was not about how much dividends they paid at the end of the year. They should not ask for personal bonuses while the company received government assistance.

We didn’t rely on government assistance, and no one could say anything about us!”

All the subordinates in several video windows were full of joy and nodded with deep consent. They made money for their bosses by their abilities. The bosses should avoid the loss of company elites. It is inevitable to pay dividends at the end of the year, otherwise, the loss of talents will be fatal to any institution.

"In fact, the reason why dividends at the end of this year has caused so much criticism is mainly because Sain, CEO of Merrill Lynch, which has become a subsidiary of Bank of America, is obsessed with his year-end bonus.

Sain suggested to the company's board that, given that he sold the company to Bank of America in time for a good price, the company should pay him a $10 million bonus, and was stabbed out at the end of the meeting, which aroused people's anger and criticism."

Alvetre explained with a smile on his face that Al naturally would not be able to get over the bonus, but he had been worried before. After all, if the boss really wants to pay as promised, then the dividend distribution of Liberty City Investment Company and Gaia Investment Company will be very jealous at the end of this year, and it will inevitably attract some criticism and criticism.

"Haha, this guy is also in trouble. I believe that Merrill Lynch's salary committee will definitely reject his request after such a fuss. It was originally worth it, but now there is no chance. I'm afraid he wants to blow up the Wall Street Journal newspaper... "

Andy shook his head and laughed, "No doubt, this Merrill Lynn's eo is making his own people humble."

"Bad, today's stock market has climbed sharply, how are our earnings?"

When Budstone heard the boss ask about the recent harvest, he shook his head with a faint smile on his face and said, "Although he has been making money, the profits are not satisfactory. Today's rise is just a stimulus from the economic recovery plan thrown out by President-elect O'Haibull and the auto industry giants are likely to receive assistance from the US government.

Now the US stock market has entered a period of madness, with no rules at all. A little rumor and news may lead to huge changes. After the entire economy has fallen into a crisis that has not been encountered for many years, it is very difficult to judge the value of corporate stocks, and value investment has also become a topic of current market debate."

"Haha, it seems that most market investors still respect the "stock god", even if they lost a lot of money with him." Andy chuckled, his lips raised slightly, and a faint sneer appeared.

"Respect is respect. After all, his value investment theory has many fans over the years. However, the "Stock God" bought Goldman Sachs' preferred stock above $100. In the following month, Goldman Sachs' stock fell to nearly $50 per share.

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

But the situation is just the opposite. Investors are full of doubts about Goldman Sachs' profitability. Even if the current static price-to-earnings ratio is less than 5 times, considering the future profitability is unclear, investors still dare not buy stocks and hold them for a long time."

Alvetle naturally knew that since last time Buffett publicly accused his big boss of shorting General Electric, which led to the shameful becoming a fairy stock, the relationship between the two has dropped to freezing point.

However, I have to say that Buffett is Buffett. It is probably difficult to watch his jokes. Moreover, after decades of accumulated power and successful experience, the status and influence of the stock god are difficult to shake, and it is not wise to be an enemy of him.

Of course, Andy naturally knew this very well. In his previous life, media from all over the world had hyped up the hype that Buffett suffered heavy losses in the economic crisis, but the other party still ranks in the top three on Forbes' rich list every year, and even beats Bill Gates and becomes the first in many years.

There may be likes and dislikes in your heart, but this kind of disgust cannot be used as the basis for his behavior. Although he and Buffett are somewhat alienated, Andy still sent an invitation to the engagement party to the other party.

Only children can distinguish right from wrong, adults only look at the pros and cons!

"In fact, the main reason for losing direction in investment judgment is the uncertainty of the overall economic outlook." Badstone began to elaborate on his views, and hoped to take this opportunity for all financial personnel to participate in the meeting to discuss.

"Fundamentally, the development and profit of an enterprise depends on the market demand. If the market does not have demand, the enterprise naturally has no room for profit.

Since the outbreak of the financial crisis, ordinary American investors have suffered heavy losses. As the economic crisis worsens, companies have laid off a large number of employees, the unemployment rate has continued to rise, consumer confidence has been severely hit, and market demand has shrunk significantly.

At present, a large number of companies have suffered shocks except for Walmart and McDonald's, which are able to maintain growth in the crisis.

The stock price is now in a process of readjustment. Whether the price level is high or low depends on the future development space of the company. For value investors, the most difficult thing is that they cannot judge whether the company can return to normal profit levels after the crisis has passed.

Boss, if the financial crisis can end in the first half of next year, should we set up a data analysis and tracking team for listed companies now to select excellent listed companies, prepare in advance, and invest at the bottom at that time?"

Andy stretched his brows and nodded in agreement and said, "It's true that we should investigate the layout in advance. Let's leave this matter to you, Liberty City. No problem, Bud."

"No, we are very well-manned now." Badstone responded to the task without hesitation.
Chapter completed!