Chapter 3

"Sorry, Jason, I overslept."

After showering, Megan put on a dress, exposing her white calves, bare feet on the soft carpet, slightly curly blonde hair swept to the side, after a whole night of moisturizing, her skin was white and pink, very seductive.

The skin of white people, especially white women, is especially beautiful when young, but after getting married and having children, it deteriorates quickly. Therefore, in the eyes of Easterners, many white women from 3 to 40 years old are the same as women from 4 to 50 years old. Megan This is the age when she is at the peak of her life.

Duong Trung greeted her, naturally wrapped his arms around Megan's waist, kissed her beautiful mouth, suppressing his excitement: "White, give Megan something to eat."

internally sighed that from Diaosi to Gaofushuai there was still a long way to go. "Thank you..." Megan politely thanked White. At that time, she was not the shining goddess in Victoria's Secret but she was more beautiful than others, Cinderella fought for life, said and did everything. He is very shy.

"It's okay, Miss Megan, this is what I need to do. Please wait a moment. The food will be here soon. "White has a lot of experience dealing with Duong Trung's women, today he is clearly one of Duong Thua's favorites. Otherwise, no matter what he waits for, let White directly take the money as a gift." .

Meghan sat alone at the dining table and waited, bringing her coffee and newspaper. White took Duong Trung to the office and gave him a file. "Sir, this is the information you asked me to check last week, because I can't mobilize more resources, I can only find these things..." White explained on the side.

Duong Trung was stunned, glanced at it, quickly searched his mind for related memories, and quickly remembered that Duong Thua had arranged for White to investigate information on major airlines in North America, including newspapers. Actual financial statements and personnel changes over the past two years. . year. In addition to his background as a shareholder of many different companies, the reason is that he is more optimistic about the medium and long-term upward trend of airline stocks, which makes it easy for him to make money quickly.

Duong Trung is fully aware that this is a good opportunity. He has no enthusiasm to become the richest person in the world, nor does he have great ambitions to change the world. He just wants to be a safe gentleman, read all the beauties in the world and confront anyone. They all have the confidence to speak, and sometimes they can see a little excitement, intimidating the second brain generation, but all of this is based on having enough money and status. Of course, if you have a nickname, even better. very jealous of people who don't move. Just the second generation of entertainment news.

Even if you do not have the motivation and desire to safely inherit your parents' assets, you must still be able to be a person of character and earn the respect of your employees. If not, who will work for you? In his previous life, he was just a small editor on a certain news application platform. His daily job is to travel around the world on the Internet, then find interesting news or videos and post them with humorous language. The money he earned barely allowed him to support himself and make a living. Fate has a pretty good JV car, goes to nightclub bars, stupid younger sister, meets his physical needs, serious girlfriends don't dare to talk about it.

This job left him without much valuable experience. The only thing is that he reads news every day in major mainstream media and newspapers around the world. No matter what section, he will read all the news and there will be many interesting news. It will be carefully recorded and read multiple times, and related links may be used when identified.

And five years before his reincarnation, his biggest advantage was that he could rely on the asymmetric information in his foresight and use the financial knowledge left by Duong Trung to enter the market early before others fail to act. When others are still concerned and do not know that the cliff is right in front of them, they should stop their horses in time to save the biggest and most complete victory. I just turned to the second page. The two attractive names reminded him of a short story he had seen in his previous life and a conversation with his friends who played the stock market.

Berkshire Hathaway, a bit of common sense knows what this company represents, yes, stock market god Warren Buffett.

American Airlines, the parent company of American Airlines AMR, and American Airlines Group signed a merger transaction last year, creating the world's largest new airline operator.

There's nothing to do with either, but Yang Cheng had seen the news about Berkshire's entry into the airline stock market and American Airlines stock going up. At this time, Duong Trung calmly said: "Isn't Buffett punching himself in the face?"

When his friend who was playing stocks heard this, he chuckled and joked: "This isn't the first time."

The reason the two of them had this conversation was entirely because Buffett bought shares of US Airways for nearly 400 million USD and bought preferred shares of US Airways. 400 million Buffett pairs today is a fraction of the price, but that was more than 20 years ago. At that time, Buffett's total net worth just exceeded $3 billion. As a result, stocks began to decline as soon as Buffett entered the market. A few years later, the net value of this stock dropped to $10 million, which was a huge loss. This is also why Buffett "swore" never to touch airline stocks again and declared that airline prices and competitive strategies are simply suicidal.

These words have the effect of releasing anger. The main reason is that the US aircraft industry is in a period of secession, war and rapid expansion. Even loud-mouthed Trump, who is preparing to run for president, has Sichuan dishes. General Aviation (later sold to American Airlines). Although Buffett ultimately made a profit of more than 200 million yuan, until the financial crisis in 2007, he still had a grudge against the airline industry.

Of course, for Buffett, who often turns 180 degrees, people have long been used to it. This time buying shares of American Airlines silently gave Duong Trung a taste.

How does it taste?

The smell of money!

No one knows this better than Duong Trung. Over the next two years, Buffett will continuously slander him and fully prove that your uncle will always be your uncle.

If you follow in Buffett's footsteps, making money is inevitable, but now, Yang Cheng is thinking further ahead.

The ancient god of securities once proposed a theory called "the moat":

When choosing a company to invest in, the most important criteria to consider is whether the company has a "moat" and is able to maintain the width of the "moat", making it impossible to compete with competitors. other players.

Of course, this does not depend on whether the company's profits increase every year, because fluctuations in profits are normal, but on whether the "gap" is widening and get stronger or not. This is the basic reason why one should invest in this business. If the "flukes" begin to wilt and weaken, the risk increases.

After the previous expansion, merger and reorganization of the US aviation industry, the US aviation industry has two indestructible "moats": outside competition cannot enter, and major internal shareholders of the US airline industry. Airlines maintain high consistency to fight foreign enemies together, and "harmony brings harmony." money". ". An industrial atmosphere was gradually formed.

In the face of recent oil price fluctuations, although production and market demand are increasing, in the long term, the increase in supply is much greater than the increase in demand and the gap between supply and demand is much larger. times reached new heights. Wall Street predicts the Fed is considering raising interest rates again, suggesting the US dollar continues to strengthen and US dollar-denominated commodities, such as crude oil, will be "tragically swept away". carpet".

Falling fuel prices have the most direct impact on the aviation industry as fuel accounts for up to 30% of airlines' operating costs. In theory, fuel prices and airline profits have an inverse relationship. Buffett chose to enter the market at that time. It left without saying anything.

I want to understand cause and effect. Is the issue of eating soup or meat still a problem? I'm afraid no one will choose to drink soup. Drinking water will not last long and will make you hungry. Wherever there is meat, he does not hesitate to eat and support. At best he will move and digest slowly, but when he is hungry he will have no food. You ate.

Not only that, he also had to build his own moat, where there was an isolated town, surrounded by a plain, he looked so precarious, everything he now enjoyed from his family, but no one can guarantee that the family will continue to prosper forever. "Three generations are not rich" is a famous saying, you must arm yourself, protect yourself, and have enough ammunition to fight against foreign invaders.

Furthermore, the analysis just now gave Duong Trung another opportunity to make money quickly. If I remember correctly, next month Brent crude oil and WTI crude oil will drop sharply, the prices will be very close to each other. .

There are many reasons, but the basic reason is that, as mentioned above, the tax revenue of the governments of major oil producing countries in the Middle East, led by Saudi Arabia, depends on exploitation and export taxes. oil exports, as well as current export tax rates. Oil prices are very high. lower than that of major oil countries. To balance, OPEC, led by Saudi Arabia, is determined not to reduce production. UU read www. uukanshu.com

On the other hand, major oil consuming countries, led by the United States, are gradually increasing their oil reserves, leading to oversupply.

The imbalance between supply and demand is often the key factor determining the movement of commodity prices.

Of course, it doesn't make much sense for Duong Trung to explore the reason. He will not be an economist, much less a Virgo who will save the world economy. For him, making money is the top priority.

But it's been so many years, he doesn't remember the exact time, nor does he know whether his little butterfly fluttered its wings or not, whether it caused the butterfly effect or not. Once the incident does not happen, he will loser. it, but he doesn't. I never thought about shorting oil, like some heroes in novels, making tens of billions and then dominating the aviation industry.

It's better to think about it, but it's better to be realistic. Eggs cannot be put in one basket.

He waved for White to leave, took out his phone, looked for a name in the phonebook and dialed.

The beep sounded several times, and when Duong Trung was about to hang up, a hoarse voice, obviously unaware of his drunkenness, rang out: "Damn it, Jason, if you don't have a good reason, I swear I'll use it." due to me." The God of Thunder will make you a specimen.

Hearing that, Duong Trung burst out laughing. The fat man is quite funny. He cleared his throat and joked: "Allen, sitting like a specimen is fine, but only if you have to catch me."

"Fuck, you bastard, Jason, you're dead, completely, 100%. I have seen your tragedy turned into a specimen and hung on my living room wall. " Allen trembled and shouted into the phone. Duong Trung immediately put the phone away for fear of bursting his eardrum.