China has put the blame on Buffett, and the US government has no choice but to do anything about it. Although they think this is an excuse, it seems that there is no flaw.

However, Buffett's stock is also shrinking this year. Last year, his net worth once surpassed Bill Gates, ranking second in the world, but now he is on par with Bill Gates. It is estimated that by the end of the year, he will be surpassed by Bill Gates again.

Speaking of which, Bill Gates is also quite miserable. Last year, he only ranked fourth in the world rankings. The first was Feng Yu, which is indisputable. The second was Buffett, whose net worth exceeded 60 billion US dollars, because the stock market was booming at that time, and Buffett's assets also rose.

The third is the Mexican telecom tycoon, who is also the person Feng Yu intends to cooperate in entering the American telecom industry. The fourth is the software tycoon Bill Gates.

The decline from the position of the world's richest man and then fell to fourth place, which also caused Bill Gates' reputation to fall all the way, and it also indirectly proves that many people's trust in Microsoft has declined.

Bill Gates is also accumulating strength, mainly to see whether the new generation of PC operating system launched by Microsoft at the end of the year can bring Microsoft back to its peak.

Feng Yu can guess Bill Gates’s idea, but Feng Yu doesn’t think Bill Gates can succeed at most, and Bill Gates is the third in the world.

The world's number one is definitely Feng Yu's, and the world's second, it's Kirirenko's turn to sit.

In this financial investment, Feng Yu had the most funds, while Kirilianko was the second most. In terms of mortgage loans, Kirilianko was much more crazy than Feng Yu.

As for Microsoft's new generation operating system, even if it is more useful than Win7 in the previous life, it will not develop so well based on user inertia and even Xiangyinshan's layout.

Microsoft doesn't have to worry about being accused of monopoly now because they have lost their monopoly position.

In Feng Yu's opinion, Bill Gates is still the same as in his previous life. When the new system is released and Microsoft's stock price rebounds, he will quickly cash out and inject funds into his charity foundation. The software industry is about to change!

At this time, Feng Yu also asked people to analyze the stocks of many companies to see which ones will fall sharply, and then look for financial companies that can lend out stocks and conduct short selling operations.

At the same time, Ralph also seized the time to negotiate with the supermarket group, requiring Ralph to acquire the supermarket group as quickly as possible and merge it into the Taihua Holdings Group.

However, Ralph was very busy at this time, and even Masao Kameda was helping. Although Feng Yu had a holiday for Masao Kameda during this period and asked him to accompany his family to the capital to watch the Olympics, Masao Kameda also took the initiative to share some work for Ralph, such as integrating some acquired financial companies.

Minsheng Bank is also holding frequent meetings to discuss entering the US market. Although Feng Yu has set the tone, there is still a big gap between theory and specific operations.

For example, to build so many business outlets, you need to invest a lot of money. If the two-bedroom group goes bankrupt, the United States' real estate market will continue to fall.

The price difference between buying a store at this time and buying a store in two months may be more than 10%.

It seems that 10% is not particularly large, but if it is one billion US dollars, then the difference is one hundred million US dollars.

One hundred million US dollars is not a big deal for Feng Yu, but for Minsheng Bank, which is now spending money crazy, it is not a small amount.

Minsheng Bank is all the money taken out by individual shareholders. If their company invests in it, then there is naturally no problem. For example, Zong Qingxian is very rich, but most of the assets are the stocks of Taihua Holdings and Lehaha Group, as well as the stocks of other companies, real estate, etc. In fact, the cash that can be used is not particularly large.

Most of the shareholders of Minsheng Bank are similar to Zong Qingxian. Who would have let their bank account deposit so much money? It doesn’t conform to the investment philosophy at all.

Feng Yu ignored these things. Anyway, he told the shareholders that now is the best time. Before the end of this year, the layout must be completed, at least the location selection must be completed, and next year we can take the opportunity to carry out business in a large scale, so that Minsheng Bank can gain a foothold in the United States and grow rapidly.

Some people think that opening multiple business outlets at the same time is quite risky. Although the financial market in the United States is not very good now, it is also a good opportunity to enter.

But it is better to try the waters to open several business outlets first, and it will be better to expand next year. Feng Yu thought about it and found nothing wrong. He has strong funds, so he can open multiple business outlets together. Other shareholders cannot. Trying the waters now is also a choice to strengthen the confidence of others.

In fact, since the last year, Minsheng Bank had already opened its first overseas business outlet in New York. At that time, Feng Yu's business was mainly in progress, and naturally it also included other companies such as the Beverage Alliance.

It is to collect sales in the United States, or something else, through Minsheng Bank, instead of continuing to do so from China's State-owned Assets Bank or Citibank.

Minsheng Bank is developing quite well now. With Feng Yu’s help, it can at least be considered a tenable position in the United States. It has not lost money, but it has not made much money.

After all, there are too few business outlets, so there will be many people coming to handle business. And financial derivative transactions between other banks have also been rejected by Feng Yu.

Those who seem to have high profits, but actually have very high risks. High profits are naturally accompanied by high risks.

Out of trust in Feng Yu, everyone believed Feng Yu's decision. Now it seems that Feng Yu's decision is correct, otherwise Minsheng Bank would definitely be in trouble now.

The main business that Minsheng Bank is now engaged in is interbank lending.

That is to say, short-term loans between banks, or between other financial institutions and banks.

Such loans, one day, three days, one week, one month, three months, etc., are mainly adjustment positions and temporary shortages of funds.

As we all know, a bank or financial institution generally has not much cash reserves. Twenty percent of the total savings amount is super high, and generally ten percent may not be used.

So what should I do if someone wants to withdraw large amounts of cash and other large amounts of redemption, and what should I do if the funds are insufficient? At this time, interbank lending is required.

First borrow money from peers to respond to emergency situations, then sell some products, or raise enough cash to repay by means of storage sucking and other means.

This will allow more funds to be invested and make continuous profits. The bank itself is an institution that uses other people's money to make profits. Of course, try to invest as much as possible to ensure the most profits.

Today, the New York Branch of Minsheng Bank ushered in a short-term lending of a bank, and this matter was quickly reported to Feng Yu.

Feng Yu saw that it was this bank?
Chapter completed!