Heads Up Hollywood

Chapter 1181 Swift Fund

Who is the most popular venture capital fund in the world in the past few years?

The Swift Venture Capital Fund!

Since its establishment in 2001 with a capital of 500 million US dollars, the fund has almost single-handedly set off a high-tech Internet storm in Asia!

From Samsung Electronics to Naver, from Yahoo Japan to Netflix Japan, from TSMC to HTC, from Tencent to Alibaba... In just 4 years, Swift Fund has deployed almost all of the more than 40 potential technology stocks in Asia.

The fund's general manager and chief investment expert, Scott Swift, seems to be a godsend. The stocks he buys can always rise sharply! The emerging companies he invested in venture capital can always go public smoothly!

Although he only has a capital of 500 million U.S. dollars, he was born in Wall Street and used financial methods to the extreme. Through layers of iterative pledges and loans, he kept getting funds from banks, and then used leverage to get funds from securities companies. Raise a lot of money.

In short, after a series of dazzling and bold means of buying, pledging, financial leverage, listing and cashing out, the total value of the stocks held by Swift Venture Capital Fund has exceeded 50 billion U.S. dollars!

In 4 years, it has doubled by 100 times!

Of course, this does not mean that the foundation is safe from danger. In fact, many professional organizations are still full of concerns about this.

Behind the $50 billion in stocks is a large number of low-margin pledges and high-leverage operations.

Once these technology stocks encounter a crisis and collectively plummet, the Swift Fund will face enormous margin pressure and debt pressure, and it is likely to be destroyed overnight by the leverage game!

However, Scott Swift is a lunatic. Not only did he not take a safe approach to cash out part of the stock to ease the risk, but he intensified it, continued to obtain cash flow through pledged stock, and continued to invest!

Therefore, he also has a nickname "Bold Scott" in the venture capital circle.

Due to this factor, the investment guru Buffett met with Scott Swift several times, and kindly warned this junior: “There are three ways to make a smart man go bankrupt—alcohol, women, and leverage. Take advantage of yourself Risking your fortune for something that doesn't belong to you is insane, avoid investing with borrowed money!"

“No doubt some people have become very rich borrowing money to invest, but such operations can also make you very poor. When leverage is successful, your gains are multiplied, your spouse thinks you are smart, and your neighbors are envious. But. It’s addictive, and once you’ve benefited from it, it’s hard to go back to playing it safe.”

It can be said that this is a piece of advice from an old-timer in the investment world.

There's more to Swift's fund than leverage. Leverage is for securities companies and does not require collateral. Even if you lose money, you can stop losses through securities companies. Swift’s stock pledge with margin, and then another round of leverage operation, the risk is sky-high.

Once the stock market fluctuates and the securities company stops the loss, the bank's debts will almost lose their ability to repay, and they are waiting to go bankrupt.

Benefits come with risks.

The Swift Fund is the venture capital fund with the highest returns in the past few years, and at the same time, it is also the riskiest fund.

But Scott Swift seemed to be prepared and full of confidence. He seemed to be indifferent to all these external risks. When he heard Buffett's advice, he simply said: "My boss is Twain. !"

Buffett was astonished at the time, and finally choked out a sentence: "Good luck."

Scott Swift was just a trader in a Wall Street investment bank a few years ago, and now he is worth tens of billions of dollars!

What is he relying on? Isn't it Tang En?

He always obeyed Tang En's words.

Tang En told him to complete the deleveraging of the Swift Fund before 2007.

Just follow it.

In his eyes, Tang En was much better than Buffett.

Now, he has received a new task from Tang En - to eat the Disney stocks in the hands of the Bass family.

...

The Bass family has held shares in Disney for 20 or 30 years, and they have certain feelings.

There's no way they're going to disregard Disney for their own benefit.

Therefore, the Bass family was also very careful in choosing the object of sale.

First, all shell bodies are excluded!

This kind of shell organization may be controlled by a Wall Street sniper behind it. Once it is taken over by it, it will be very detrimental to Disney.

After choosing and choosing, I chose the Swift Fund, which has little relationship with the United States.

Michael Eisner had also vaguely heard of the Swift Venture Capital Fund before, but because the fund does not invest in the United States and mainly focuses on Asian technology stocks, he did not know much about it.

This time, because the Bass family is connected, Michael Eisner will naturally pay more attention.

"This man is a lunatic!"

Michael Eisner looked at the investment reports of the Swift Fund for the past few years, sweating from fright, and his heart beating wildly.

Is this also called investment?

This is desperate!

The huge stock of 50 billion U.S. dollars has to bear unimaginable investment risks, and it may go bankrupt overnight.

Are there any investors like this in this world?

In order to make money, you don't even want life insurance money?

It is even crazier than Soros who shorted Asia back then!

In the chaos of the stock market in the late 1980s, some crazy investors made a profit of more than 200 times in half a year, which shocked the whole United States. But what happened? Because the leverage is too high, it will soon be submerged in the long river of history and become a pauper.

In terms of investment, it is better to use Buffett's stable and stable investment philosophy.

Fortunately, the credit of Swift Fund in the past few years has been very good. Although it has been making money like crazy in the Asian market, it is also the most important customer of major banks in Asia and has no bad history.

Coupled with the fact that the Swift Fund has not participated in any investment in the United States, this made Michael Eisner feel more relaxed.

Since the focus of the fund's work is in Asia, it presumably doesn't have much energy to focus on the US market, so it doesn't have the energy to participate in Disney's daily operations.

"It seems to be all right." Michael Eisner shook his head amusedly, put down the documents in his hands, rubbed his tired eyes, and was in a good mood, "This bold Scott is simply the Dunn of the investment world." Walker. It seems that he is aware of the risks of technology stocks and wants to buy some value stocks to hedge."

Regardless, he was relieved.

The Bass family's stock transfer agreement has been approved by the board of directors.

The Swift Fund bought 1.35 shares of Disney stock held by the Bass family at a price of $20.2 per share, for a total of $2.73 billion.

The Swift Fund also replaced the Bass family and became Disney's largest shareholder!

On the day the news was announced, Disney’s stock price plummeted 6% to $19.8 at the opening. It then rebounded and pulled higher, rising to $20.9 by the close.

...

Natalie was already a little pregnant, and every day after dinner, she would take a walk in the manor.

Blake Lively showed his affection intentionally and supported him every time.

She knew that Scarlett and Gail's attitudes were not important if they wanted to pass the test, and they would hardly refuse. It mainly depends on Natalie, so during this time, she always tries her best to please her.

Natalie naturally understood what she was thinking, so she walked around the artificial lake in Manor No. 1, and said softly: "Blake, you have seen the environment of our house, it is a typical polygamous family. It is certain that, There will only be more and more women in the future. Do you really want to join in?"

"I want to! I've thought it all over. I made it clear to my father and sister when I went home yesterday. I want to become a family with Tang En and you. I like the atmosphere here."

Blake Lively said without hesitation.

Natalie's heart is like a mirror.

What's so good about the atmosphere here?

Apart from extravagance and luxury, how can there be any warmth and romance at all? To put it bluntly, it is still a wealthy life here where there is no need to worry about food and clothing, and servants are like rain.

Natalie said: "Don't look at Tang En pampering you now, after a while...even when you get to bed, it will be a routine. You may think this kind of life is not bad now, but you may not be so happy in the future."

Blake is also a smart girl, she guessed what Natalie was thinking at once, and she was trying to persuade her to quit!

"No, haven't you known Tang En for six or seven years? I think the relationship is very good, and so is Scarlett. He is my man, and I have confidence in him."

She is not a careless and silly girl like Scarlett, who can get caught up in a few words, she is clear-headed.

Natalie's eyes flickered, she turned her head to look at her, and said intentionally or unintentionally: "Yes, I have been with Tang En for several years, I am used to it, and I can't do without him."

"Me too." Blake refused to admit defeat.

"Have you ever thought about what to do when you are old after decades? At that time, he will be in his prime, and the beautiful girls around him will be like leeks. At that time, you may only be forty or fifty years old? Maybe you will lose the married life you should have, how can you solve your personal needs?"

Natalie really doesn't want Blake to be a family, mainly because this girl is too smart and ambitious. This made Natalie feel a sense of crisis.

Black would not leave no matter what he said, "I know, I've thought about it, and I can adapt to that kind of life. Besides, didn't Tang En make arrangements for us? I don't think this is a problem."

"Um?"

"That's right, Tang En has divided us into groups. You and Scarlett are together, and Gail and I are together. Taylor and Lily will definitely be together in the future. He must have thought of everything we can think of, so Maybe it's a preparation for the future. If there is a need, let us sisters solve it by ourselves."

Natalie bit her lip and said nothing.

Blake Lively's ability to realize this shows that she has really thought of everything, and she will not give up if she doesn't join this big family.

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