The all-rounded investor of the life I yearn for
42 Buffett’s Dinner

Xiao Liush

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Li Qingshan was led by the butler into this villa that was full of medieval flavor. He did not know that he could be involved in the domestic war of words in the United States.

This villa was very antique. Of course, this was relative to M Nation. In China, it would be similar to the decoration style of the Forbidden City.

"Sir, long time no see!"

Li Qingshan handed over the cigar in his hand and said respectfully to an old man who was over 80 years old standing opposite him.

"Haha, Chris, long time no see. You're still so polite. But I like your custom very much. This box is not cheap, right? It seems that I don't have to buy cigars myself this year. Come, sit down."

Buffett said very kindly. Although he was already in his eighties, his body was strong and his voice was full of energy.

Li Qingshan and Buffett were fated to meet when Li Qingshan was still studying at MIT. He chose to intern at a company during the holidays, and the company he interned at was Berkshires, which was founded by Buffett. Hathaway Investment Company.

The company was originally just a textile mill that was about to close down in Buffett's hometown of Omaha. In the 1960s, Buffett began to buy the company's shares at a low price. He originally wanted to negotiate with the company's management and ask them to buy his shares at a premium to make a profit, but he didn't expect the management to refuse to bid. So, in a fit of anger, Buffett bought the entire company and fired all the management. Another insurance company was established to merge with this company, which led to the current financial giant, Berkshires. Hathaway Investment Company.

"Chris, you haven't come to see me in years. I thought you'd forgotten about me, an old friend, since you're doing so well on Wall Street!”

Sitting on the sofa, Buffett said with a smile.

"You flatter me, sir. You're my senior, how can you call me a friend? It was just that in the past few years, Wall Street had been very busy.”

Li Qingshan quickly said.

"There is no age limit for friends. If it weren't for you forcing me to change my view of the technology information industry during the company's investment resolution meeting during my internship, I would have been able to do so. Maybe I'm still investing in those traditional industries. Not only will I not make money, but I might also lose a lot.”

Buffett said as if he was reminiscing.

Back then, Li Qingshan was in Berkshires. When he was interning at Hathaway Investment Company for half a year, the company held an investment resolution meeting. All the higher-ups had to participate to decide the next investment trend. At that time, Li Qingshan's immediate superior felt that his performance was outstanding and that he usually had many ideas, so he brought him along.

As the financial crisis had just passed, traditional industries had been hit hard. At that time, the company's return on investment was not optimistic. Due to the financial crisis, it was in a very difficult situation.

Buffett was a traditional investor who especially hated the technology industry. He felt that the development of technology was changing with each passing day, and the risk of holding shares for a long time was very high. This was because no one knew if a new technology company would suddenly appear or if a new technological revolution would cause the company that he previously held to rapidly decline.

Therefore, at the conference, Buffett had been questioning the management, asking them to find traditional industries with considerable returns to increase the company's investment returns.

Just as everyone was at a loss, Li Qingshan did not care about the opposition of him replacing his boss. He stood up and explained the huge advantages of the information technology company, as well as the development trend of the world's technology. He also strongly recommended the stocks of Apple, Google, and Oracle.

Without a doubt, Buffett was moved by Li Qingshan's speech.

So next, Berkshires. Hathaway Investment Company bought a large number of shares of these three companies and some information technology companies that were developing very quickly at that time. Over the years, they made a lot of profits.

However, after Li Qingshan finished his internship, he returned to school and entered Wall Street after graduation. He no longer had anything to do with this huge investment company. However, Buffett often contacted Li Qingshan. Occasionally, the two of them would get together and talk about investment life.

"By the way, Chris, do you need any help this time? I remember that you're in the packaging and listing business on Wall Street, right?”

Buffett asked kindly.

"I'm not here to ask for help. I'm just here to visit you, sir. I've already left Wall Street and returned to my country some time ago. In my opinion, the economy of America has reached a bottleneck, and the possibility of looking for opportunities is too small. On the other hand, my country's economy is developing rapidly. Thousands of companies are established every day. This is a truly prosperous market.”

Li Qingshan said.

"You're right. Actually, I've been thinking about entering the Chinese military for the past two years, but the government's protection is too good. I'm getting old, so the future belongs to you young people. Especially you, Chris. I think you'll definitely surpass our generation of investors. I've talked to Soros about you before, and he's very optimistic about you.”

"Mr. Soros? I met him when I was on Wall Street. He's an interesting person like you.”

"Haha, well said. Interesting person. This is the evaluation we want to hear the most. Chris, stay for dinner tonight. Let's have a good chat. It's not just about investment. I believe that an 80-year-old man like me can give you some sincere advice on life.”

"As you wish, sir."

Li Qingshan said with a smile.

The two of them had a very precious dinner in this harmonious atmosphere, but they didn't know that the two of them were talking about trivial matters. For example, getting married, having children, exercising, cigars, and fine wine.

"Alright, Sir, don't come out to send me off. I'll go back by myself.”

After the dinner, Buffett insisted on sending Li Qingshan out.

"Hey, it's okay, Chris. I'll just send you to the door and see you get into the car. I just called a cab for you, it should be here soon. Coincidentally, I'll just treat it as digestion after a meal.”

The two of them walked out of the villa while chatting and laughing. They stood at the gate and waited for the taxi to arrive.

"It's out! It came out! Hurry up and take a photo. F * ck, what kind of identity does this Asian have? Buffett actually personally sent him out!”

"I got it. I'll quickly post it online. As for his identity, it's awesome. I'm not a private detective. It's fine as long as there are photos that can attract traffic. Who cares about his identity?”

The two paparazzi's actions in Country M's Luo City had unexpectedly slapped Chen Ou's face in Beijing.

This book comes from:m.funovel.com。

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