Back To 1995: Chapter 754 backhand
The **** decides the head. Immelt, who had a good relationship with Laoba before, would not express this attitude towards Buffett.
Buffett has a very good relationship with Welch, touting that General Electric is a "symbol of the American company", and his Berkshire company spends a lot of dollars every year on General Electric.
But now, Laoba even questioned the big merger of ICQ, which is just a piece of chicken feathers, which is almost equivalent to vetoing all the efforts made by Immelt. How much US dollars Er has invested in General Electric, from today onwards, Immelt and Laoba are basically two people.
Holding a plate of food, he sat in front of Song Yang and glanced at Buffett on the TV. Immelt took a look at Song Yang about Laoba's black material.
"Berkshire, for two consecutive years, the growth rate is less than 0.5%. He is a supporter of traditional industries such as banking, aviation, and oil, and he is also a loser in the age of technology..."
Immelt shook his head and said with a sigh, "Because of Mr. Welch, I respect Buffett very much, but facts are facts, he is already behind the times!"
Imelt believes that Buffett just didn't eat the huge profits of the Internet and is now spitting acid water in the media.
Recall that when Song Yang first debuted, Buffett was still competing with Bill Gates for the position of the world's richest man.
But after a few years, Buffett, who is unwilling to invest in technology companies, even Microsoft, has been in the same position in recent years, and even his most devout believers have some doubts. Laoba's value investment theory is doesn't really work...
Don't you see, Microsoft, which is not favored by Buffett, has made Bill Gates the richest man for many years in a row, pressing Buffett, let alone the Internet, which is not understood by Buffett. In recent years, the Nasdaq index has increased by 86% in a row. miracle!
Now, even Song Yang, a rising star, has "crushed" Buffett by relying on the frenzy of the Internet.
In the eyes of Immelt, as well as countless people who believe in getting rich overnight, Laoba's interview today is obviously a "pink eye" attack. The traditional industry companies he bet on have been crushed by the soaring market value of Internet companies. The scum is not left.
Song Yang listened to Buffett's "black stuff" and looked up at Buffett on the screen. No one can say whether the old bus is right or wrong. Now the "conservative" old bus will wait a year or two. , must have been the one who laughed the loudest when the dotcom bubble burst.
But the time line is too long, and I miss the old bus of Microsoft, Intel, Amazon and other Internet technology companies. Although the value of the Internet technology company is soaring, it can never sit on the position of the richest man. General Electric, Wal-Mart, General Motors and so on are valued by the old bus. Wait, there is also a day when the car overturns, but Microsoft, Intel, Amazon, etc. have been laughing until decades later!
"Facts will prove everything. No matter what Buffett says, the one who will be sung in the future will definitely be President Immelt!"
Song Yang touted Immelt, which made Immelt burst into laughter. At this time, if Buffett and Immelt were compared, everyone would think that the winner would be Immelt.
After all, on both sides, one is the man in charge of the market value of 700 billion US dollars, and the other is the "clown" who has been ridiculed by many investors in recent years. Does it matter who you choose?
"I'm going back to GE headquarters tomorrow."
Immelt said to Song Yang that the credit has been taken, and Immelt is unwilling to stay outside all the time. The more critical it is, the more he needs to stay at the General Electric headquarters to be at ease, lest there be any moths. , Immelt did not dare to relax for a moment until he became the head of General Electric, even if he seemed to be stable!
Looking at Song Yang, Immelt said casually, "Song, I hope ICQ can develop further!"
Listening to Immelt's words, Song Yang thought for a moment, "Is it President Immelt, that plan at the press conference?"
At the ICQ media conference, Immelt made a big noise, threatening to make up for the last shortcoming of ICQ and acquire a Hollywood film and record group for ICQ.
Imel nodded, looking at Song Yang, wanting to check Song Yang's reaction.
The acquisition of a Hollywood film and record group for ICQ will allow Immelt to extend his grip on ICQ for a longer time. In addition, Immelt has the intention to continue to dilute the equity of Song Yang and Comcast Group in ICQ. To increase GE's voice, this is a trick of killing two birds with one stone.
Song Yang naturally has reasons for rejecting Immelt's proposal. Now, most of ICQ's management and executives are still ICQ people. Coupled with the identity of Song Yang's founder, there are ways to put Immel Special block outside ICQ, let his orders, inside ICQ, just listen!
However, Song Yang didn't mean to break up with Immelt, he took a deep look at Immelt, the two looked at each other for a moment, Song Yang suddenly smiled, "It seems that President Immelt has already target?"
Immelt is very satisfied with Song Yang's "acquaintance". If Song Yang is willing to cooperate, he doesn't mind and gives some rights to Song Yang. If it is not necessary, Immelt is not willing to talk to Song Yang. Yang completely turned his eyes away.
"Seagram Group!"
Immelt said decisively, "The Seagram Group, which owns the two major industries of Universal Pictures and Universal Music, merges Seagram and ICQ can make up for the last shortcoming!"
If you want to make up for ICQ's industry in Hollywood at one time, the most suitable target is Seagram, which owns Universal Pictures and Universal Music, Sony's Columbia Pictures and Records Group, and Time Warner's Warner Music and Warner Music. In the film and television industry, the acquisition of these companies is the most direct and effective.
But the latter two, Time Warner and Sony, are not so easy to talk about. Whether they want to sell or not is a question. Even if they want to sell, it is estimated that it will be a sky-high price.
The most suitable target is the Seagram Group. As the owner of the Seagram Group, the transformation of the Bronfman family, the new head of the Bronfman family, acquired it from Panasonic a few years ago. A number of industries such as Universal Pictures and Records have embarked on an ambitious transformation road, but this road is not so easy to go.
In the past few years, Seagram's life has been getting harder every day, especially with more than ten billion dollars. After the acquisition of Polygram, the entire Seagram Group has become a bad debt. This is also Immel. The reason for the special eye on Seagram!
Song Yang listened to Immelt's analysis of the Seagram Group. Immelt believed that Seagram was in a mess right now, and it was already a bit different from the Bronfman family. At that time, if ICQ throws an olive branch, Seagram will definitely take it, and getting the Seagram Group is absolutely beneficial to ICQ, at least the stock price can get another big wave!