Chapter 3 Plan

"Sorry, jason, I overslept."

After Meghan washed up, she changed into a dress, bare white calves, stepped barefoot on the soft carpet, her slightly curly blond hair was pulled to one side, and after a whole night of moisturizing, her skin was white and red, very Alluring.

The skin of white people, especially white women, is particularly good when they are young, but they decline quickly once they get married and have children. Therefore, in the eyes of Asians, many white women in their 30s and 40s are as old as 4 and 50 years old. Megan This age is the peak time of her mouth in her life.

Yang Cheng went up to meet her, wrapped her arms around Meghan's slender waist very naturally, and pecked at her attractive mouth, suppressing her inner excitement, "White, get Meghan something to eat."

In his heart, he lamented that he still has a long way to go from diaosi to rich and handsome.

"Thank you..." Meghan thanked White politely. At this time, she was not the goddess who shined in Victoria's Secret. She was just a little more beautiful than others. With a shy look.

"You're welcome, Miss Megan, this is what I should do, please wait a moment, the dishes will arrive soon." White has considerable experience in how to deal with Yang Cheng's women. Today, this one clearly pleases Yang Cheng. Otherwise, there would be nowhere to wait for her to eat, and let White take the money and give it away.

Leaving Meghan to sit at the dining table alone and wait, and deliver coffee and newspapers, White brought Yang Cheng to the study and handed over a folder.

"Sir, this is the information you asked me to check last week, because I can't mobilize more resources, I can only find these..." White explained from the side.

Yang Cheng was stunned for a moment, then took a look and opened it. He quickly searched for relevant memories in his mind, and soon remembered that the original Yang Cheng arranged for White to investigate the information of major airlines in North America, including the actual financial reports and personnel changes in the past two years. As well as the background of the shareholders of each company, etc., the reason is that he is more optimistic about the upward trend of airline stocks in the medium and long term, and makes some quick money.

Yang Cheng is keenly aware that this is a good opportunity. He does not have the heart to be the richest man in the world, nor the huge ambition to change the world. He just wants to be a gentleman in peace, read all the beauties in the world, and face anyone. All have the confidence to talk, and occasionally find some excitement, bully the second generation of mentally disabled, but all of this is based on having enough money and status. Of course, if it is better to have a nickname, in the past life, he was very envious of those who were constantly Just the second generation of entertainment news.

Even if you are not motivated and are waiting to inherit the wealth of your parents, you must have the ability to be worthy of it and gain the respect of your employees. Otherwise, who will work for you?

In his previous life, he was just an editor of a news app platform. His daily job was to browse the world online, find interesting news or videos, and publish them in humorous language. Destined to get a pretty good joint venture car, go to the nightclub bar to bubble up the ignorant little sister, to meet his physical needs, serious girlfriends dare not talk about it.

This job did not give him any valuable experience. The only thing is that he has read the current affairs news from major media and mainstream newspapers around the world every day. They will be carefully recorded and read repeatedly, and the relevant links may be used when they are specified.

And 5 years ago when he was reborn, the biggest advantage was that he could rely on the information asymmetry of foresight and use the financial knowledge left by the original Yang Cheng to enter the market in advance when others had not acted. Others are still revelling, and they don't know that when the cliff is in front of them, they should stop their horses in time and save the biggest and most complete fruits of victory.

Just turned to the second page, two eye-catching names reminded him of a news he saw in a previous life, and a discussion with a friend who played stocks.

Berkshire Hathaway, with a little common sense, knows what this company stands for,

That's right, Warren Buffett.

American Airlines, just last year, American Airlines parent company AMR and US Airways Group reached a merger deal to form a new and the world's largest airline operator.

Originally, the two had nothing to do with each other, but Yang Cheng once saw a piece of news about Berkshire's low-key entry into airline stocks and an increase in its holdings of American Airlines stocks.

At that time, Yang Cheng said casually, "Didn't Buffett slap himself in the face?"

And when his friend who played stocks heard it, he sneered and said, "This is not the first time."

The reason why the two had this conversation is entirely because Buffett had a 'heavy position' in US Airways back then, spending nearly $400 million to buy US Airways preferred stock. The current $400 million is just a drop in the bucket for Buffett, but that was more than 20 years ago. At that time, Buffett's entire net worth was only more than 3 billion US dollars. As a result, as soon as Buffett entered the market, the stock began to fall. A few years later, the net value of the stock fell to 10 million US dollars, which can be described as a heavy loss.

It is for this reason that Buffett has "sworn" never to touch airline stocks again, saying that airlines' pricing and competitive strategies are suicidal.

These words have the factor of venting anger. The main reason is that the American aviation industry was in a period of division, chaos and rapid expansion. Even Trump, who was preparing to run for president, had a Sichuan General Airlines (later sold to US Airways).

Although in the end, Buffett still made a profit of more than 200 million, but until the arrival of the financial crisis in 2007, he was still haunted by the aviation industry.

Of course, for Buffett, who often makes 180-degree turns, everyone has long been accustomed to it. This time, he quietly bought the shares of American Airlines, which made Yang Cheng smell a little taste.

What is the taste?

The smell of money!

No one knows better than Yang Cheng. In the next two years, Buffett has fully proved to those who have repeatedly criticized him that your uncle will always be your uncle.

If you follow Buffett's footsteps, making money is inevitable, but at this time Yang Cheng is thinking further.

Once, the old stock god put forward a theory called "moat":

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

Of course, it's not about whether the company's profits are increasing every year, because profit fluctuations are normal, but whether the "moat" is getting wider and stronger. This is the fundamental reason for investing in this company. The risk increases if the "moat" begins to wither and become vulnerable.

After the previous expansion, merger and reorganization, the U.S. aviation industry has two indestructible "moats": external competition cannot enter, and major internal airline shareholders maintain a high degree of consistency to jointly defend against foreign enemies and "harmony to generate wealth" The industry atmosphere is slowly forming.

In connection with the recent fluctuations in oil prices, although both production and market demand are growing, in the long run, the increase in supply is far greater than the increase in demand, and the gap between supply and demand has repeatedly hit new highs. Wall Street predicts that the Federal Reserve plans to raise interest rates again, which indicates that As the US dollar continues to strengthen, commodities priced in US dollars, including crude oil, will be "bloodbathed".

The impact of lower oil prices on the aviation industry is the most direct, because fuel accounts for up to 30% of the operating costs of airlines, and oil prices are theoretically negatively related to airline profits. Needless to say.

After I understand the cause and effect, is it still a problem to drink soup or eat meat? I'm afraid no one will choose to drink soup. It won't take long for you to be hungry after drinking water. Where is the pleasure of eating meat? He is not afraid of eating too much. you eat.

Not only that, he also has to build his own moat, where a lonely city stands, surrounded by a plain, no matter how insecure, he now benefits from the family, but no one dares to guarantee that the family will prosper forever. 'Rich is only three generations' is a well-known saying, he needs to arm himself, protect himself, and have enough ammunition to resist the invasion of foreign enemies.

In addition, the analysis just now made Yang Cheng see another opportunity to make quick money. If he remembers correctly, in the next month, Brent crude oil and wti crude oil will usher in a wave of plummeting, and the price will be cut in half. .

There are many reasons, but the root cause is as mentioned above. The government's fiscal revenue in the oil-producing countries in the Middle East, led by Saudi Arabia, depends on oil extraction and export taxes, and the current oil price level is much lower than that of major oil countries. Breakeven, OPEC led by Saudi Arabia insists on not cutting production.

On the other hand, the major oil consuming countries led by the United States are gradually increasing their oil reserves, which has caused oil to enter a period of oversupply.

The imbalance between supply and demand is often a key factor in determining changes in commodity prices.

Of course, it is meaningless for Yang Cheng to explore the reasons. He is not ready to become an economist, let alone become a virgin to save the world economy. For him, making money is the top priority.

However, after so many years, he can't remember the exact time, and he is not sure whether his little butterfly flapping its wings will cause the butterfly effect. If the incident does not happen, he will lose a lot. I never thought about shorting oil, like some heroines in novels, earning him tens of billions, and then dominating the aviation industry.

But after thinking about it, it’s better to be realistic. Eggs cannot be put in the same basket. You can’t chew more than you want. You can’t be greedy as much as you make this wave of fast money.

He waved his hand for White to go out, took out his mobile phone, found a name in the address book, and dialed it.

The beep sounded for a few dozen times, and just as Yang Cheng pouted and was about to hang up, a hoarse voice, obviously a hangover, sounded, "Fuck, jason, if you don't have a good reason, I swear I will. With my Mjolnir ass, I'll make you a specimen."

Hearing this, Yang Cheng burst into laughter. The fat man was quite humorous. He cleared his throat and teased, "Alan, it's fine if you want to sit me down as a specimen, but only if you can catch up with me."

"shit, bastard, jason, you are dead, completely, 100%, I have seen the tragedy of you being taxidermied and hanging on the wall of my living room." Allen roared into the phone, shocked Yang Cheng took the phone all the way, for fear of breaking his eardrums.