In Hong Kong, we build a global business empire
Chapter 360 Invitation to Join the Board of Directors
"I am a shareholder of Berkshire Hathaway. Do you think we are partners?" Lin Haoran said with a smile.
"Mr. Lin, did you buy shares of Berkshire Hathaway through the secondary market? How much did you buy?" Buffett asked curiously.
"I own 5.6 shares of Berkshire Hathaway. According to the shareholding ratio, I should hold more than 10% of the company's shares. According to Berkshire Hathaway's public shareholder data, I should be the second largest shareholder of Berkshire Hathaway, second only to the shares held by you, Mr. Buffett. I wonder if I am wrong?" Lin Haoran continued.
Lin Haoran's transactions with the person behind the DHL Group involved stock transactions of Berkshire Hathaway.
However, this matter was not made public, so it is normal that Buffett did not know about it.
"5.6 shares? Could it be, Mr. Lin, that the Berkshire Hathaway shares you hold are exactly those held by the Altaïr family?" Buffett quickly thought of a possibility and a look of shock appeared on his face.
As we all know, the Altaïr family was once the second largest shareholder of Berkshire Hathaway, with a publicly disclosed shareholding of 5.6 shares. This investment history is quite long.
Coincidentally, Lin Haoran also holds 5.6 shares, which makes Buffett involuntarily connect the two and guess that Mr. Lin’s shares may come from the famous Squid Capital family.
"Mr. Buffett is really smart. He guessed it right. Yes, the Berkshire Hathaway shares I have were indeed acquired through a transaction with the Altaïr family.
In September, when I was still in the UK, I reached a big deal with the Altaïr family. I think Mr. Buffett may have heard about it?
At that time, the Altaïr family was interested in acquiring a British listed company that I had just taken control of, but due to insufficient funds, Mr. Altaïr used some of the company's shares held by their family in exchange.
After careful consideration, I chose these 5.6 shares of Berkshire Hathaway. In my opinion, with Mr. Buffett at the helm, Berkshire Hathaway has unlimited future prospects.
I have studied Mr. Buffett's investment history in depth over the years and firmly believe that holding your shares will only bring gains, not losses. "Lin Haoran explained with a smile.
"Mr. Lin, I believe you will not regret this decision!" Buffett said solemnly.
After all, for Buffett, investors' investment in Berkshire Hathaway is the greatest trust in him.
"Of course, I think so too. I will never regret it!" Lin Haoran laughed.
Since acquiring this share, Lin Haoran has also paid attention to the market value of Berkshire Hathaway.
In September, Berkshire Hathaway's market value was just over $9 million.
However, just two months later in November, its market value had soared to $11 million.
This means that in just two months, the value of Berkshire Hathaway shares held by Lin Haoran increased significantly.
The company's market value is expected to exceed the $500 million mark by next year.
Of course, for Lin Haoran, the current market value of US$300 million is still insignificant.
Compared with the potential market value of $1 trillion in the future, the current market value of $300 million is just the tip of the iceberg.
"It seems that we are really partners, Mr. Lin. As the chairman of the board of directors of Berkshire Hathaway, on behalf of the company, I sincerely invite you to join the board of directors of Berkshire Hathaway. With the shares you hold, you are eligible to become a member of the company's board of directors!" Buffett said solemnly.
"Of course, I would be happy to join the board of directors of Berkshire Hathaway and become a colleague with Mr. Buffett!" Lin Haoran said with a smile.
He holds more than 10% of the shares, making him the second largest shareholder of Berkshire Hathaway, second only to Buffett, the real controller, and is indeed qualified to be a member of the company's board of directors.
Buffett is the absolute controlling shareholder of Berkshire Hathaway, so he doesn't worry at all about any threat from other shareholders.
Buffett doesn't seem to care much about who becomes a shareholder of Berkshire Hathaway.
What's more, the soul of the company is Buffett. Berkshire Hathaway without Buffett is like a body without a soul and has little value.
Therefore, Buffett never worries that others will take away the controlling stake of Berkshire Hathaway from him.
"By the way, when is it convenient for Mr. Lin, can he visit Omaha, Nebraska? Given the importance of board members, I very much hope that Mr. Lin can visit the headquarters in person," Buffett continued.
As a businessman focused on investment, Buffett has been committed to studying companies and businessmen around the world. Naturally, he has some understanding of Lin Haoran, a Hong Kong businessman who has risen rapidly in recent years.
Lin Haoran, from a newly graduated college student to a top billionaire, achieved this feat in less than two years.
Therefore, even Buffett hopes to get to know such outstanding young people.
The headquarters of the famous Berkshire Hathaway is not located in a bustling metropolis like New York, Los Angeles or Chicago, but unexpectedly in the small city of Omaha, Nebraska.
This choice of location may surprise many people.
The reason why Berkshire Hathaway chose this small town instead of a big city is mainly because it carries the hometown feelings of Buffett, who was born here.
"Okay, if everything goes well, I will go to the United States next month and will bother you again, Mr. Buffett!" Lin Haoran nodded and smiled. "Then, I will be waiting for you, Mr. Lin. This is my personal business card. You can contact me at any time!" Buffett said, and then he took out an exquisite business card from his pocket and handed it to Lin Haoran.
After Lin Haoran took the stock god's business card with both hands, he also handed over his own business card.
"Haoran, I never thought that there is such a connection between you and Mr. Buffett?"
Guo Henian, who was standing by, had been listening to the conversation between Lin Haoran and Buffett with his mouth wide open in surprise. At this moment, he finally couldn't help but interrupt and ask.
"Yes, Uncle Guo, I also think this fate is amazing. I was quite surprised when you said Mr. Buffett would come to Hong Kong. I had originally planned to visit Mr. Buffett when I went to the United States, but I didn't expect to meet him in Hong Kong in advance." Lin Haoran said with a smile.
It is already November, and in the coming December, Lin Haoran plans to travel to the United States.
Prior to this, Mr. Jobs personally called him to invite him to attend Apple's IPO bell ringing ceremony.
Apple is scheduled to officially go public in December. As an important shareholder of the company, Lin Haoran will naturally be present to witness and even participate in this historic moment.
"Doesn't that mean that you also have an indirect relationship with our Kerry Group?" Guo Henian said with emotion.
Berkshire Hathaway is one of the shareholders of Kerry Group, and Lin Haoran is also a shareholder of Berkshire Hathaway. Therefore, it makes sense to say that Lin Haoran is related to Kerry Group.
"Uncle Guo, even Mr. Buffett is so optimistic about the future development of Kerry Group. This is enough to prove that the Kerry Group under your leadership has a bright future!" Lin Haoran exclaimed with a smile.
Although he did not know what the future market value of Kerry Group would reach, he had the impression that even decades later, although Guo Henian had given up his position as the richest man in Nanyang, he was still the famous richest man in Malaysia.
In particular, Shangri-La Hotels under the Kerry Group has developed into one of the top ten luxury hotel chain brands in the world, and its influence is almost known to everyone.
The sugar market in Southeast Asia has always been monopolized by the Guo family.
The Kerry Group has also invested heavily in real estate in Hong Kong, Singapore and other places. Under such circumstances, the Kerry Group cannot be too bad.
Therefore, Buffett's investment in Kerry Group is obviously a very high-quality investment.
No wonder Buffett and Guo Henian have such a good relationship.
As a junior, Guo Xiaohan sat quietly next to Lin Haoran without interrupting, but just pricked up his ears and listened carefully to the conversation between the three business tycoons.
Guo Xiaohan's admiration for Lin Haoran grew stronger.
With Lin Haoran's current wealth accumulation, he might have surpassed the entire Guo family, and all of this was achieved through his personal efforts and talents!
As Guo Xiaohan got to know Lin Haoran better, she became more and more attracted and impressed by his talents.
Under such a comparison, how could she still feel attracted to other boys?
Lin Haoran is so outstanding that Guo Xiaohan can't help but feel that she is not worthy of him.
Fortunately, the Guo family he belonged to was not bad. After all, it was known as the richest family in Nanyang, and its status was not inferior to that of the Lin family.
Otherwise, under the shining light of Lin Haoran's dazzling achievements, she might really feel inferior.
Several people sat together, tasting authentic Hong Kong cuisine and having in-depth conversations on various business topics.
It is not difficult to see from Buffett's skillful use of chopsticks that this world-famous stock god is quite familiar with Chinese food and tastes it a lot on a daily basis.
During the conversation, Lin Haoran learned that Buffett's visit to Hong Kong was to inspect the operating conditions of a listed company headquartered in Hong Kong.
Buffett did not disclose which company it was.
Lin Haoran expressed his understanding of this. After all, judging from Berkshire Hathaway's style in the investment industry, once it locks on a target company, it often does not simply hold a small number of shares, but seeks large-scale holdings.
Therefore, if the news is leaked in advance, it is likely to cause market speculation and lead to abnormal stock price fluctuations, which is not conducive to the company's investment strategy.
Although Berkshire Hathaway's current stock market value is only about $300 million, the actual market value of its investment portfolio far exceeds this amount, as much as several times.
All this is largely attributed to Berkshire Hathaway's long-term policy of not paying dividends.
Otherwise, the current market value of Berkshire Hathaway is far more than $3 million, and even $10 billion is not an exaggeration. (End of this chapter)
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