Chapter 493 Millennium Bug
"Yes, I want them all!" Qin Feng said with a smile.
Qin Feng originally had 130 million US dollars in his hands, and he spent 50 million US dollars investing in Yahoo, which left him with 80 million US dollars. Qin Feng estimated that it would not cost much to invest in a small mining industry in Brazil.
Generally speaking, a small-scale iron ore with a storage capacity of tens of millions of tons does not cost much money to invest in. Nowadays, the investment is about 20 to 30 million US dollars.
Therefore, Qin Feng will naturally use the extra money to purchase real estate here. On the one hand, he will get a green card, and on the other hand, he will make friends with powerful people.
"Dear Sir, we will definitely meet your needs. Please wait a moment, and we will immediately prepare information on all properties in nearby Manhattan for you to choose from!" the agent said excitedly.
This is a huge deal for him.
Naturally excited! If this is done this time, his commission will allow him to retire early.
It didn't take long for the meeting, about half an hour, before the agent brought a lot of information.
Qin Feng didn't have much choice, he just threw it to Lisa and Namie Amuro.
"We will buy whichever sets you think are good!" Qin Feng said with a smile.
"Ah, we choose?" Lisa was stunned.
"Master, are you letting us choose? But what if you don't like what we have to choose?" Namie Amuro also looked surprised.
"I believe in your vision, and what you choose must be the best!" Qin Fengxiao said, "A top Harvard student, a major in art, and a popular Japanese idol, I don't think my vision in this aspect will surpass yours.
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After hearing Lin Feng's words, both girls were very touched. Qin Feng's words were very beautiful.
Afterwards, the two women began to choose carefully.
"Brother, take a look. If you like anything, buy it directly!" Qin Feng said with a smile, "This investment is not a loss! Of course, stocks can also be used!"
"I don't plan to buy so many properties. I can't live in so many houses." Shi Dazhu curled his lips, "But, I still need to buy a few houses. What stock recommendations do you have?"
Qin Feng smiled.
"Microsoft!" Qin Feng said with a smile, "It's still early, so next door is Wall Street. Let's open an account!"
Afterwards, Qin Feng and Shi Dazhu went to the nearby Wall Street. Qin Feng didn't need to find anyone, as a stockbroker had already come to provide services.
Of course, Qin Feng doesn't need any services from them. He only needs them to help him and others open accounts.
In China, if you want to open an account in the securities market, you need an ID card. Here, you can open an account with your passport. You don’t need to be a Chinese to open an account.
After successfully opening the account, Qin Feng asked Shi Dazhu to use his 75 million US dollars to buy a total of 70 million US dollars of Microsoft stock.
Today, Microsoft stock is only $6.17 per share. This price has increased many times compared to 8 cents per share when Microsoft went public.
But compared to the price three years later, before the dot-com bubble economy collapsed, this price was too low.
Qin Feng doesn't know when it will collapse, but he knows it will be before 2000. As long as it is sold within 2000, it will be fine.
Therefore, out of the 70 million shares, Shi Dazhu directly bought an integer of 10 million shares. As for the extra pocket money, he put it in his account and waited until he had time to get it later.
"Brother, don't worry, we'll start collecting money in a few years!" Qin Feng said with a smile.
Three years later, this amount of money will have doubled several times.
As for whether this large purchase of 10 million shares will cause Microsoft's stock price to rise sharply. It has indeed risen a bit, but it has not fluctuated much.
There is no other reason. Microsoft's total share capital is too huge. With a total share capital of 7 billion, these 10 million shares are only about 0.13% of the shares. It does not have much impact on the entire market.
This is not enough for it to be reported to Nasdaq. After all, the shareholding is too small.
If you buy hundreds of millions of shares, it will indeed cause an uproar in the entire market. But such a small amount of money is not enough to make waves.
"Let's go! In 1999, during New Year's Eve, just come over and sell it!" Qin Feng said with a smile.
Shi Dazhu looked strange.
"Qin Feng, how do you know it must be before the New Year?" Shi Dazhu suddenly asked quietly.
This was too certain. It was certain, as if it would definitely happen. This made Shi Dazhu a little suspicious, why Qin Feng knew so clearly.
"Uh..." Qin Feng was stunned, how should he answer this.
"Do you have any inside information? Or do you know someone from Microsoft?" Shi Dazhu lowered his voice.
Qin Feng has a headache. How should he explain it?
You can't say you're reborn. You'd have to think of yourself as a lunatic.
Suddenly, an idea flashed in my mind.
"Because of the millennium bug!" Qin Feng said with a smile.
"Millennium bug?" Shi Dazhu was stunned.
"Well, when computer performance was very backward, in order to save trouble, the computer time, including the time of all software, was set to double digits. For example, this year is 1996, not 1996. However, in 1999,
Jumping further down, it is not the year 2000, but the year 2000. This is the millennium bug. Nowadays, more and more companies have adopted computer systems. Once something goes wrong, such as the banking system, it will directly
People's interest has been calculated for a hundred years, think about it, how much trouble it is!" Qin Feng said.
Before he became anxious, Qin Feng thought of the Millennium Bug that once made people change their minds.
It was not obvious in the past two years, but after two years, in 1998, everyone was mentioning this matter. Of course, it was resolved smoothly in the end. Except for a few errors and omissions, the millennium bug did not exist.
How much trouble it brings to mankind.
Of course, due to the upgrade, there will still be some economic losses. But it is very small. It is just the media hype.
"That's it!" Shi Dazhu nodded, "Then why don't they buy it?"
Shi Dazhu pointed at the people on the trading floor.
"Because they are not optimistic about the Internet economy. But I am optimistic about it!" Qin Feng smiled, "The future belongs to the Internet!"
Shi Dazhu smiled.
When the two returned to the agency's office, Lisa and Amuro Namie had already selected an apartment.
One person chose five apartments. They are all in excellent locations and have extremely gorgeous and artistic interior decoration styles.
This kind of high-end apartment, no, it is no longer high-end to describe it, it is a luxury apartment, and the decoration styles are all different. They are all designed by famous designers, and the styles are all different. If they were of the same style, no one would buy them.
No billionaire likes the same thing as everyone else. All luxury apartments have different decoration styles and internal layouts.
"Thank you for your hard work, let's take these 10 sets!" Qin Feng said with a smile, "All transactions are in cash, but I have a condition!"
"You said, no matter what the conditions are, we will definitely do it!" The real estate agent was trembling with excitement.
Chapter completed!