Fangtang Investment is a bright card in Bao Feiyang¡¯s hands. Most of the stocks held by Fangtang Investment were venture capital investments before related companies went public, so the cost of holding shares is relatively low. In addition, Bao Feiyang also has some vests that are operated on the open market. Most of the stocks held by Fangtang Investment have some restrictions. For example, according to relevant US regulations, only 20% of the company's stocks are allowed to be listed, and other unlisted stocks have a two-year suspension period, so most of the stocks Fangtang holds are two The shares were held for about 20 years, which means that Fangtang Investment placed their bets more than two years ago, and they were listed two years ago. In the past two years, except for high-quality resources such as Amazon and Google, Sugar Cube Investment has been relatively restrained in investment. Except for Cube Tang Investment, other vests controlled by Bao Feiyang do not have such restrictions. These vests buy stocks from the open market. Since they are not restricted, the value of the stocks they hoard is actually much more than Cube Tang Investment. However, Since it is bought in the open market, the cost of holding it is relatively high. Seeing that Fangtang¡¯s investment was sold smoothly, Bao Feiyang was relieved. Compared with Sugar Cube Investment, the stocks held by other vests are more dispersed, and the selling of stocks is less valued. Moreover, there are no restrictions on the stocks held by these vests, so the selling operation is smoother. Through such a wave of operations, Bao Feiyang¡¯s investment in Silicon Valley and Nasdaq in the past few years has expanded to an astonishing figure. Before the stock market crash, these funds would basically be withdrawn from the market and turned into real US dollars. With so much money on hand, naturally you can¡¯t just leave it like that. Another thing that Bao Feiyang did when he came to the United States was also related to the stock market crash, which was to arrange for traders to absorb the stocks of some technology companies at low prices after the stock market crash. Objectively speaking, there are indeed some bubbles in the current stocks of Internet companies, and they are very serious. But in the long run, the prospects for Internet companies are still very promising. If the current market value of Internet companies is generally high and there is a bubble, then after the stock market crash, the stocks of some Internet companies fell below the value of the company. Taking Shouhu as an example, the stock price dropped to as low as 0.8 yuan, and the company¡¯s market value was far lower than the net cash on the books. In other words, if someone can buy all the shares of Shouhu, then put the net cash on Shouhu's books into his pocket, and then directly dissolve Shouhu, he will still make a profit in the end. This shows that the stock price deviates greatly from the actual value of the company. Bao Feiyang planned to buy stocks of companies with promising prospects after the stock market crash, and then wait for the stocks of these companies to rise again to make a fortune. Of course, in addition to this, during the stock market crash, traders will also conduct a wave of operations in the futures market and speculate by short-selling stock indexes. Since Bao Feiyang is not sure whether the specific time of the stock market crash will change, his operations on futures indexes will be more conservative, but there is still no problem in making a big fortune. Bao Feiyang¡¯s operations on the Nasdaq stock market are basically carried out together with the Tang family. After all, many investments involve the Tang family, and Bao Feiyang cannot ignore the Tang family. After seeing Bao Feiyang, the first thing the Tang family said was: "Are we going to have another big fight?" Bao Feiyang couldn't help but smile. Although the situation this time was different from the one in Mexico, in essence In fact, it's pretty much the same. In the United States, with the cooperation of the Tang family, many things will become easier. "The stock market should have changed recently, and we can take the opportunity to make some money. However, these are all unexpected blessings. For a company, a family, and even a country, the most important thing is to have a long-lasting foundation." Bao Feiyang smiled and told Mr. Tang said. Bao Feiyang came to the United States this time for another very important thing, that is, he wanted to talk to the Tang family about the reorganization and layout of some overseas industries. The Tang family has many industries. Currently, the Tang family and Fang Xia are cooperating in industries such as Tangsheng Heavy Industry, Tucker Petroleum, Fangta Mining and Ceramics. The Tang family has a large number of industries in North America and Latin America. After all, the Tang family is a big business. It has been in business for more than a hundred years, and its industries are naturally distributed very widely. However, after the financial crisis in Mexico, the Tang family's industry has been relatively concentrated in energy, mining, shipbuilding, shipping, hotels and other fields, and the industry's competitiveness has become stronger. "Although Nasdaq has gone too far and the bubble will be burst sooner or later, the future of the new economy is still bright. After the stock market crash, it is also our best opportunity to enter these industries" Bao Feiyang said: "There are some things that are not convenient for us to do. , even the Tang family is not convenient to stand in front of the stage, so some of the preparations we made in the past should be put to use soon!¡± In the past few years, Bao Feiyang and the Tang family have been secretly acquiring some resumes.? of European and American companies, and then through complex operations, it is difficult for people to realize that the behind-the-scenes controllers of these companies are actually the Tang family and Fang Xia. Of course, even if someone pursues it, they will at most find the Tang family or an offshore company registered by an American. Most of these companies are engaged in advanced technologies and equipment. Even if Bao Feiyang actually controls these companies, it will be difficult to directly transfer the technologies of these companies to the country, and it is even less possible to sell the equipment on the embargoed catalog to the country. It is still possible to obtain some key technologies through some means. Part of Fang Xia's skills were actually obtained through this method. What's more, the value of these companies themselves is great. Although some are not the top in the industry, they have developed rapidly and become industry leaders and technology leaders after investing large sums of money. In the future Nasdaq stock market crash, it will not only be those Internet companies that will be hit hard, but also a large number of technology companies. Bao Feiyang plans to continue to invest the money he made on Nasdaq this time in these technology companies, such as Hardware companies that make chips and memory, communications companies, etc., including Apple now, are also very ideal investment targets. The Tang family has developed very rapidly through cooperation with Bao Feiyang in recent years. Tang Sheng Group has become a world-class multinational giant. Mr. Tang is naturally willing to cooperate with Bao Feiyang's big move this time. "In the future, digital technology will penetrate into every corner of the world and every aspect of our lives" Bao Feiyang talked about his "prospects" for the future for the old man. At this time, the United States was leading the world in computer technology and Internet technology. However, in Bao Feiyang¡¯s view, many electronic devices in the United States are prehistoric and very backward. The development of technology in the future will be very fast, so fast that people will be overwhelmed. "Moore's Law will play an increasingly important role, even faster. Technological progress will bring about earth-shaking changes in the world. Many things we are used to will be eliminated" Bao Feiyang said with emotion: "For example, There are still many street shops that rent video tapes in the United States, but starting from this year, DVDs have become popular. This year, the sales of DVD players in the United States may exceed 4 million units, and next year it will reach more than 6 million units. The sales of the entire market will exceed 10 100 million, and in the future DVD will soon replace video recorders" Video recorders were once a standard appliance in European and American households, just like televisions. However, with the emergence of DVD, video recorders will soon be eliminated, and DVD will dominate home audio and video entertainment. However, within a few years, Blu-ray disc players, also known as EVDs, would appear. When EVDs appeared with great momentum, they would never have thought that their life cycle would be even shorter. They were almost eliminated online even before they became popular. The on-demand video was instantly sold out. It can be seen from the development of video recorders, DVDs, EVDs, and online on-demand that the life cycle of modern technology products is getting shorter and shorter, and updates are getting faster and faster. If a technology company cannot grasp the development direction of future technology, it will If you make a mistake, you may be in trouble. Bao Feiyang pointed to the big TV in front of him and said: "CRT monitors and TVs like this will soon be eliminated by thinner and lighter LCD TVs" "And that" Bao Feiyang pointed to the table. The huge Hasselblad camera that belonged to Tang Tian'er was lying there: "Film and film cameras will soon be replaced by digital cameras" Tang Tian'er couldn't help curling her lips and said: "Digital cameras are not as good as my Hasselblad. The photos they take are like shit!" Bao Feiyang smiled and said: "Yes, digital cameras are still terrible, but digital cameras have advantages that film cameras cannot have, and that is digitalization. Convenient, easy to store, easy to modify, easy to disseminateand convenience means vitality and the future. "Compared with film cameras, digital cameras have many advantages, such as LCD screen viewing is more intuitive than optical viewfinders, and electronic storage. Compared with film, the medium can be viewed, deleted and retaken at any time. This is more convenient than a film camera that has to develop and print out to know what the shot was. This may not be a big deal to professional photographers. But for ordinary consumers, it is of great use. And when the technology develops to a certain extent, and when there are no obvious disadvantages compared with film cameras in other aspects, this convenience will also make professional photographers abandon film and choose digital cameras. Bao Feiyang said: "Digital cameras do still have many shortcomings, but the technology of digital cameras is developing very fast, and these shortcomings will soon cease to exist, and by that time, digital cameras will completely occupy the market and overtake film cameras. "Just last year, the American film giant Kodak just reached an industry-wide joint venture agreement with the Chinese government, ambitiously entering the Chinese market. Kodak¡¯s roots at that time?I didn't expect that changes would come so fast, and what defeated them was exactly the same thing that Kodak invented more than 20 years ago.