Preface to Jiuzhou Fangwen

This article is not a book review or a film review. But we must start with a movie and a book. They have the same name: The Wolf of Wall Street, but they are talking about two different people.

Let's talk about this movie, The Wolf of Wall Street, which was shot in Hollywood in 213. It starred Leonardo DiCaprio and won five Oscar nominations but got nothing. This film is a combination of entertainment and education. It tells the story of a financial genius named Jordan Belford, who first hung out on the serious Wall Street Exchange, and later found a way to make money from junk stocks. He started in Long Island, new york, and trained a bunch of street hooligans into a new generation of telemarketing masters with a mouthful of address unknown. He also made a lot of money by selling junk stocks to manipulate the stock market. It was not until the last chance that his account in the Swiss bank used for money laundering was exposed that he was arrested by the anti-money laundering department.

This movie is full of getting rich overnight, being obsessed with money, and describing the outrageous extravagance of the nouveau riche. Of course, there must also be just "little people" from the IRS and the FBI. They are not tempted by money, and they make unremitting and persistent efforts to finally bring Jordan Belford, who is known as "The Wolf of Wall Street", a cunning speculator of tax evasion, to justice, and carry forward the patriotic theme of capitalism.

This movie is also a movie that is totally inappropriate for teenagers. Xiao Lizi and more than a dozen beautiful women are cool and cool when they don't agree with each other, and sometimes they have to take some medicine. Don't watch it with children! Be sure to study critically! Be sure to watch the original! ! ! Be sure to watch the original! ! ! Be sure to watch the original! ! ! Otherwise, it is equivalent to not reading it. That's all the spoilers for this movie.

tell me more about this book. The title of the book is The Wolf of Wall Street: Biography of carl icahn, King of Finance (by mark stevens), which was published in Chinese in 217. It tells the story of Carl Icahn, who is also a financial genius, how he defeated one opponent after another through the financial game of malicious acquisition for decades, and became the real "The Wolf of Wall Street" story that frightened the managers of listed companies. The book is quite thick. If you are too lazy to read it yourself, there is a good free reading version on the Himalayas. You can easily find it by searching for "The Wolf of Wall Street Ran Ran Ran".

Text begins:

This sentence comes from Karl Icahn, who is known as "The Wolf of Wall Street". As a failed individual in human society, I personally agree. These two original sins, I often take turns to attack. Sometimes even cross at the same time.

this one said, who is Carl Icahn? Isn't "The Wolf of Wall Street" the Jordan Belford played by Xiao Lizi?

Let's talk about Jordan Belford, the real person who was crowned "The Wolf of Wall Street" by the Hollywood film The Wolf of Wall Street in 213. In the movie, Jordan Belford is a god. In reality, this person is really eloquent. It is said that in his sales skills training class, not to mention the trainees, when he spoke, if the tables and chairs in the venue were not fixed on the floor, he was encouraged to stand up and follow him.

He threw a lot of money at federal tax and investigation agents, sailed on the sea in a yacht and finally sank in the sea, and there were 1 people, P, who threw a party and destroyed the whole floor of the Las Vegas hotel. All these things really happened. These plots don't need to be dramatized at all, and they are written directly as Hollywood scripts.

And Xiao Lizi (Leonardo DiCaprio) plays this The Wolf of Wall Street, which is simply his true colors, and the prototype may be his own greed, cunning, lewdness and extraordinary intelligence. He himself was nominated for an Oscar again and again for this film.

Look at this legendary "The Wolf of Wall Street". You must think he is as rich as an enemy, right? In fact, after being punished by the SEC, he made a living by doing sales training everywhere, teaching success and his own stories. He can be said to be doing well, and now he is worth about $1 million.

what is the concept of $1 million? One hundred million dollars is a lot of money everywhere. As a failed individual of human society, 1 million dollars is simply astronomical to me. If I suddenly have $1 million, I will wake up laughing in my dreams. However, let alone on Wall Street or Manhattan, Jordan Belford estimated that he was not the richest man in the street where he lived. In China, you can't make the rich list at all.

Let's talk about the real "The Wolf of Wall Street" who was deprived of the title of "The Wolf of Wall Street": carl icahn. At the peak of his life, Carl's net worth exceeded $24 billion, and after his net worth shrank in 221, he left about $18 billion. Let's just say that if he is a "The Wolf of Wall Street", Jordan Belford is at best a large-sized wolf pen, not even a wolf cub.

Let's call this Mr. carl icahn "the Wolf of Wall Street". Give Jordan Belford a lift and call him "Wolf Boy on Wall Street". It's easier to distinguish.

Compared with Jordan Belford, carl icahn can be said to be from the previous generation. He is nearly 3 years older than Jordan Belford. Both were born in Queens, new york. Carl was born into a Jewish family in February 1936. The natural shrewdness of Jews in doing business and the lure of new york, who was full of gold and gold in that era, made him full of the desire for wealth from an early age.

In his youth, carl icahn first went to the famous Princeton University to study philosophy, and then transferred to new york University to study medicine at his mother's suggestion. In the first class of medical school, he heard the teacher say that the time when dentists made money was over, so he left school and joined the army without hesitation. In the military camp, he quickly became a poker player. A few months later, he chose to retire and became a stockbroker on Wall Street.

On Wall Street, carl icahn found his own ocean like a whale. Many years later, he still remembers his first visit to the stock exchange with emotion surging. He described it this way: "Like a magician who turns the stone into gold, miracles happen overnight, and strength, ambition and passion meet brilliantly in astronomical figures." He quickly earned thousands of dollars, which was also an astronomical figure in 1961. He immediately went to buy a Ford 5 convertible. But before long, the money he earned was lost as quickly as in a casino.

Young Icahn realized his lack of professional knowledge, and he began to learn basic courses such as accounting and securities analysis from scratch with amazing perseverance. By 1968, Icahn bought a seat in the stock exchange with his savings from struggling for the stock market, and established a company called Icahn &; Co.' s small securities company. Throughout the 197s, Icahn accumulated his knowledge and experience in obscurity.

in 198, Icahn moved his office to Manhattan, the world financial center. After a long period of accumulation, he had a certain amount of funds and his ambitions expanded. After years of dormancy and forbearance, this The Wolf of Wall Street seized the opportunity to make a move.

A long-established global auto parts manufacturer headquartered in Michigan became the wolf's first prey. After careful investigation, Icahn found that the problems left over from years of history made the company hard to return and was on the verge of bankruptcy. But this company still has great potential. Icahn, who thinks that exotic goods can live in, immediately raised tens of millions of dollars in various ways and resolutely acquired the company. After the acquisition, it was reorganized and rectified drastically. Facts have proved that Icahn's vision is unique and accurate. After this series of obscene operations, it happened to catch up with Reagan's economic stimulus policy, and the company miraculously came back to life. When Icahn sold it a few years later, the market value of the company had increased by 2 times!

when the first battle was successful, Icahn could not take it back. In 1985, Icahn took a fancy to a huge oil company. Through his in-depth and meticulous research, he felt that the value of this company was seriously underestimated according to the oil price at that time. Icahn quietly bought shares in this company on a large scale. When everyone thought he was going to announce that he was in charge of the company, he suddenly gave up the acquisition, threw out all his stocks and cashed in, making a fortune. This battle ended in Icahn's complete victory.

By this time, Icahn was already full of wings. He began to attack on all sides. The first world war that really made him famous in 1985 was the hostile takeover of TWA. By this time, Icahn had gained the reputation of corporate predator. As the name implies, Icahn's magic weapon is hostile takeover: his usual practice is to buy a large number of shares of a company, and then enter its board of directors, and then split the enterprise, sell marginal assets, replace incompetent managers, buy back company shares to reduce the number of circulating shares, and so on. Many times, he will force the company to redeem its own stocks, make a big profit and then walk away.

Icahn himself certainly doesn't think he is a predator. He prides himself on being a knight-errant like Robin Hood. What he looks down upon most are those high-paid senior managers in the company. He is their natural enemy. He believes that these people only care about their own wages and bonuses, and never really care about the benefits of enterprises and the rights and interests of shareholders. The war launched by Icahn always takes profit as the ultimate goal, but what really shakes it is the well-dressed and well-paid management in the company. Fortune magazine still recognized Icahn's self-evaluation and called Icahn the protector of shareholders' rights and interests: "Believe it or not, Icahn in reality is a complex and versatile person-he is proficient in all kinds of ways to make money, and may earn more money for shareholders than any other speculator on the planet."

In fact, this is also the case, especially for the shareholders of Icahn Investment Company. No matter what the final fate of Icahn's prey is, every investor who invested in Icahn's company has got a super high return on their investment, and the compound rate of return has far exceeded Buffett for decades.

The Wolf of Wall Street: Biography of carl icahn, King of Finance (mark stevens), which was translated into Chinese in 217, gives a detailed introduction to Carl Celian Icahn, from his birth to his growing experience, and his brilliant financial sniper battles one after another, which is a rare Wall Street financial textbook. This book describes in detail his important series of battles before 21, from the initial purchase war of auto parts companies to the purchase war of his famous global airlines and the purchase of oil companies.

Icahn has been fighting for decades, and the companies involved in his business wars include:

RJR Beske, TWA, Texaco, Phillips Petroleum, Western Union and Gulf. Western), Marshall Field field, Culligan, Samsonite (luggage brand, Samsonite), American Can, American Steel Marathon Company (USX), Marvel Comics, Revlon, Imclone, Federal-Mogul, Fairmont Hotels, Comac Group (petrochemical enterprise, Federal-Mogul).

After 21, Motorola, Netflix, DEll, Ebay, Paypal, Apple and Xerox were added to this long list.

This old Wall Street wolf was over 7 years old when this biography was finished. However, he did not stop at all. After the book was finished, the old man did several earth-shattering things.

from 28 to 215, Motorola, headquartered in the suburbs of Chicago, was split from an old-fashioned communication giant and an absolute leader in mobile phones in 211, and then sold to Lenovo and Google. Finally, it was half dead and barely alive, and even the land and house were sold almost. This giant, once the representative of American science and technology, has fallen, and the figure of The Wolf of Wall Street has been shaking behind this rapid decline. From being split up to being sold, it was all planned by this old wolf.

in 214, eBay became his new "prey". Icahn bought a lot of shares in Ebay, then recommended two of his own people to the board of directors, began to interfere in the management of the company, and finally contributed to the separation of eBay and PayPal. In a sense, Elon Mask, the founder of Paypal, was as successful as Tesla and SpaceX are today, and the split between eBay and PayPal promoted by The Wolf of Wall Street had a direct or indirect causal relationship.

in 216, when he was at war with Ebay, Icahn also declared war on apple. In his eyes, the value of Apple was seriously underestimated, so he used his nearly 5 million Apple shares as a bargaining chip and repeatedly urged the management to buy back 5 billion US dollars of shares. He directly challenged the management of Apple, thinking that their idle cash was as high as $15 billion, which was a complete waste. Although the buyback plan was not finally implemented, on the day when he announced the news of his large-scale shareholding in Apple, Apple's stock violently rose by nearly 2%.

The calendar has been turned to 221. Now, 85-year-old Icahn is still in body of work, and he still won't let go of any prey. When the epidemic raged and the whole world was selling oil and crude oil futures fell to an all-time low of -4 dollars per barrel, he once again succeeded in bargain hunting and ordered 1 million to 2 million barrels of crude oil at a negative price. On June 1, 221, when this article was completed, the price of crude oil has climbed all the way back to the highest point in the past two years. The old wolf made a fortune again.

Carl's latest prey is said to be Xerox, a veteran office equipment leader who has been on the Fortune 5 list for 57 years.

Icahn has no nameless people on this long list of prey. It can be said that all of them are well-known star enterprises in American industry. But once they are targeted by Icahn, few people can get away with it.

First, buy enough shares of the target company, and then use high-pressure means to "seize power" from the management, so as to achieve the most important purpose-push.