World economic history is a series based on illusions and lies. To gain wealth, the way to gain wealth is to recognize the illusion, invest in it, and then exit the game before the illusion is recognized by the public!
This is the money-making secret Soros disclosed when he announced his retirement.
Buffett in prosperous times, Soros in troubled times.
A saying widely circulated in the global financial community.
In the eyes of clients, Soros is an out-and-out "money tree." Since its establishment in 1973, as of the end of 2013, Quantum Fund has achieved a total return of nearly 40 billion US dollars for clients in 40 years, with an average annual return The rate of return is as high as over 30%.
Soros was denounced as the arsonist of the Asian financial crisis!
On the one hand, he is aggressive and decisive in the international financial market, disrupting the financial order of many economies and destroying the wealth of countless investors; on the other hand, he is a great philanthropist who holds the Patton Peace Prize and has donated more than 7 billion US dollars.
Most people like Buffett, only a few people like Soros.
"Good morning, Mr. Sun!"
Soros, who is in his 50s, has nothing to do with Sun Jian, who is in his 30s. However, when they met for the first time, they felt that each other was very imposing. Although they were smiling, they were not from the same place. They disliked Sun Jian from the bottom of their hearts, and were even a little jealous. He started from scratch and became the richest man in China in more than ten years. He has no prejudice against Chinese people and does not understand the reason for his dislike. He always wants to find opportunities to short the stocks of Kunpeng Software Group and Dawn Communications Group and defeat Sun Jian. But so far, the sent Investigators did not find any major investment mistakes by the two companies, but found that ATIC had deployed the Thai stock index futures market at the end of last year.
According to information obtained from insiders of Bangkok Bank and the Thailand Exchange, ATIC borrowed US$500 million in Thai baht from Bangkok Bank at the end of last year, increased the leverage by 10 times, and short-sold Thailand SET index futures. It waited for everyone to short-sell the Thai baht, causing the Thai baht to be short-sold. Depreciation, Thailand's financial turmoil, Thai stocks plummeted, SET stock index futures plummeted, ATIC reaped profits.
Such a large investment in stock index futures would have been impossible for General Manager Yu Jianguo to take action without boss Sun Jian’s nod.
Soros believed that Quantum Fund insiders or investment partners disclosed the information, and the investigation yielded no results.
Quantum Fund and other partners began to lay out the Thai financial market in the first half of last year. By launching the campaign in January this year, they had no choice but to take action. Now they have to carry the sedan chair for ATIC, and they are tightly controlled.
[In view of the general environment,
Sun Jian is so awesome, fortunately we are all on the same journey!
------
"Good morning, Mr. Amelio!"
"Good morning Mr. Jobs!"
In March 1996, Amelio replaced Spindler as Apple's CEO, but he still failed to stop Apple's profits from continuing to decline. In order to reverse the unfavorable situation of serious losses, Apple Computer urgently needed a new product. operating system.
Jobs seized the opportunity and sold his computer company to Apple for $377.5 million, plus 1.5 million shares of Apple stock.
On December 23, Amelio gave in to reality and acquired the computer company.
From 1992 to 1996, Apple's market value dropped by nearly 50%, and it suffered losses for four consecutive years. Operating losses in 1996 totaled US$1.4 billion. Apple Computer's share of the U.S. personal computer market dropped from 14% in 1993 to 1996. 6% of the year.
The market competitiveness of Apple computers is becoming less and less competitive than computers using Kunpeng operating system, indos operating system, Intel CPU or AMD CPU. The M operating system is completely outdated, and its CPU cannot compete with PentiuAMD5x86 in all aspects such as performance, let alone PentiuK6 .
M operating system and CPU technology lag far behind!
Apple will go bankrupt if it doesn't change, and no one will want to sell it.
Although like an IBM computer, directly assembling a Pentiu can improve the performance of an M computer, the use of new
Instead of simply swapping out one chip for another, Apple had to re-develop a new operating system to run on the Pentiu, and M's developers had to re-develop new applications to take advantage of the features offered by the new processor.
It is estimated that the redevelopment of hardware and software will cost nearly $1 billion, and Apple, which has suffered heavy losses, has invested less than $500 million in R&D over the years. Amelio had to agree to acquire the computer company owned by Jobs.
Based on the UEP operating system developed by the computer company, this system is the basis of MOSX.
"Today, Apple welcomes back its most talented visionary, Steve Jobs, who can inspire a new generation of customers and software developers and show that Apple remains the industry's home for innovation and excitement."
Amelio told the board of directors when the deal was announced that he had nothing short of complimentary words for Jobs.
Jobs returned to Apple as a special adviser.
In January 1997, Special Advisor Jobs made his first appearance at Mrld in San Francisco to announce details of how Apple planned to incorporate the technology into future releases of MOS.
"Through this merger, advanced software from Apple will be married to Apple's very high-volume hardware platform and marketing channels, creating another breakthrough that spans existing platforms and provides opportunities for Apple and industry imitators over the next decade and beyond. provide impetus for its development.”
Jobs said.
"I still have a deep affection for Apple, and I couldn't be happier to play a role in building Apple's future."
In 1986, Jobs was driven out of Apple by Sculley, Markkula and other board members. In anger, he sold his Apple shares and took away six of his most capable people.
At first, Apple Computer could earn high profits with its excellent operating system, but then under Sculley's leadership, Apple Computer's market share continued to decline, from a peak of 16% to 4%.
In 1993, Spindler replaced Sculley as Apple CEO. He tried to sell Apple, which was suffering serious losses, to Sun, IBM, and Hewlett-Packard, but failed.
Within Apple, there has been debate about whether to license its operating system to other computer manufacturers. By licensing Microsoft's operating system, Gai Ci and Kunpeng operating system have almost monopolized the global computer operating system.
In 1994, CEO Spindler began allowing two small companies to produce compatible machines.
In 1996, CEO Amelio allowed Motorola to produce compatible machines, but the compatible machines did not expand Apple's market share, but instead squeezed Apple's own high-end computer sales market.
"Good morning, Mr. Sun!"
Amelio already knew the news about the establishment of Guozhi Computer Co., Ltd. There was another strong competitor in China, and he was under greater pressure.
"Good morning, Mr. Sun!"
Jobs lamented in his heart that when he was forced to leave Apple, Kunpeng Software Company had just successfully developed PengOS 1.0. Nearly 12 years later, people and things have changed, one is in the sky and the other is underground.