Chapter 119： Marvel's problem

So William Chen kept this time firmly in mind: at 14:35 on October 15, 2009, at this moment, New York gold futures would reach a three-month high of $1,122 an ounce.

Therefore, before this time, the gold futures held by Meta Investment Company will start to close.

Now William Chen is in an apartment he rented in the Trump headquarters building. This apartment is about 235 square meters in area, has three bedrooms, and is luxuriously decorated. According to Ivanta, the current price is more than $15 million.

However, William Chen will definitely not buy a property now, so he just rents it here as a love nest when he is dating Ivanta, so it is much more convenient for both of them. Ivanta's family originally lived on the top floor of this building, and William Chen The Meta investment company is also in this building, so the two live together here, completely undiscovered, um, perfect.

In this case, it is much more convenient for Chen William to go to the company. Just take the elevator and go down to the 35th floor.

After going to work, William Chen approached John Paulson and asked about the current situation of gold futures. Previously, when the price of gold was around $800 per ounce, William Chen left $1 billion and used 3x leverage to go long.

At present, the price of gold has just stood at US$1,000 per ounce, and the previous US$1 billion has become about US$1.75 billion. Well, the use of leverage can indeed greatly increase profits, but one thing is that people will always have path dependence. When you get used to the pleasure of using leverage to make profits, when you give up leverage, it will be caused by a sudden decrease in profits. Discomfort.

Therefore, when investing, you always want to add multiple leverages, more leverage, and greed has no end. When you encounter a black swan one day, you will lose a lot in an instant, and even your funds will be wiped out. zero.

Therefore, at this time, William Chen reminds himself to think about the chaotic trend of the gold price during this period, hold back greed, and use leverage carefully.

Therefore, there is still a week before the 15th, so I will wait for the time to clear the position, and then sell it short. It is definitely not possible to increase leverage at present, because Chen William only knows that the current price is about $1,000 per ounce, and it will reach $1,122 per ounce in a week, but what if there is a short-term pin in the middle? Are you courting death by adding leverage?

Only by knowing the highest price and lowest price in a range, then increasing the leverage will be safe.

It's like when you know that you are a prince now and will be an emperor in the future, then during this period of time, you must be stable, stay strong, and not wave. Unless there is a change or the father is on standby for a long time, and he feels that he may not live to the day he succeeds, he will make up his mind to do things.

On this day, Quan Zhixian also came to Meta Investment Company, contacted Chen William, signed a contract, and invested 5 million US dollars into the No. 3 Fund.

Chen William chatted with her for a while. Before leaving, Quan Zhixian said that he would be busy with the film recently. After the film was finished, he would have time to invite Chen William to play in South Korea and experience the atmosphere there. feature.

Uh, William Chen would like to ask, is your game a serious game? After all, he considers himself a serious person. If he is not serious, then... he really wants to try it.

Mainly because I heard that South Korea has retained a lot of buildings and costumes in the style of the Ming Dynasty of Huaguo. As a good young man who likes to learn knowledge, he still wants to have a chance to see it, otherwise he is afraid that he will change his name in the future, just like Hanfu. After being changed into H clothes, Kimchi can be changed into something stupid, Xin Qi, the people over there are really stupid, thinking that changing the name will become their own, what is the difference between this and stealing the bell?

So it's no wonder that even the Japanese people look down on the stick. Although the Japanese are bad, they really dare to gamble on the fortune of the country when something happens, and the stick will only secretly make small moves.

Just like in the chain of contempt of criminals, robbers must despise thieves.

…

Nelson found William Chen and talked with him about negotiating with Marvel.

He told William Chen that after negotiating with Marvel during this period of time, he had done his best to delay.

Now it seems that the other party is about to lose patience. If there is no result, they are likely to abandon the negotiations and mortgage their assets instead to complete the shooting of the two films.

William Chen also realized that their negotiation has been going on for a long time.

But the problem now is that all of Chen William's funds have been invested in the investment in the securities market. Even if he can squeeze out part of the money to complete the first step of investment and shareholding, it will have to wait until the gold futures are completed in a week. What happened after the operation of the warehouse.

According to Nielsen, the current valuation of Marvel is set at between 2.2-2.4 billion US dollars, and now the Marvel company urgently needs at least 1-150 million US dollars of funds to start their two films.

One of them is entirely produced and distributed by Marvel, and because some copyrights, including distribution rights, have been sold to Universal, the independent film about the Hulk needs to be distributed by Universal.

William Chen knew that if the copyright of Hulk and Universal could not reach an agreement, it would be very difficult to launch an independent film about Hulk in the future.

Therefore, his previous plan was to reclaim Marvel's copyrights from companies that had purchased their superhero copyrights, including Universal, Twentieth Century Fox, and Sony Pictures, after acquiring Marvel.

Otherwise, after the launch of the Marvel Universe, it is easy to make wedding dresses for other companies.

Among them, Universal may already be the most likely choice, after all, they don't own much copyright.

For example, it is very difficult to recover the copyright of the Spider-Man series in the hands of Sony Pictures.

Because the trilogy movies passed by Sony Pictures have achieved great success, and they value this IP very much, it is almost impossible to take back the copyright of the Spider-Man series from their hands.

The best hope can only be negotiated to get the agreement of Sony Pictures to let Spider-Man appear in the Avengers of the Marvel world.

And now the company that owns the most Marvel character copyrights is Twentieth Century Fox. They have copyrights including all mutants, all Fantastic Four series characters, all characters of the Shia Empire, and all characters of the Skrulls. The number is very large, with more than 400 characters.

Therefore, it is extremely difficult to take back the copyrights of those superheroes from their hands. Unless, like Disney in William Chen's previous life, the entire 21st Century Fox Company was acquired.

But you must know that Disney purchased Twenty-First Century Fox in 2019, but it cost more than 70 billion US dollars, and it was also because Murdoch was too old at that time.

However, the acquisition at that time included many assets of 21st Century Fox, the parent company of 20th Century Fox. If it was just the acquisition of 20th Century Fox, the valuation would not exceed $15 billion.

And if the 20th Century Fox Film Company is acquired at the moment, plus the impact of the tape crisis, it should be around $5 billion to $6 billion.

After all, 20th Century Fox at this time had not yet produced many of the mutant movies that followed, forming the mutant universe.

But there is still an important question, that is, whether Murdoch is willing to sell only the film company 20th Century Fox alone.

And if you want to acquire it, you need to do it as soon as possible. After all, 20th Century Fox still has an ace in the hands at this time, and that is the new film of Truck Driver, which will be released next year.

Once the film is released and achieves great success, 20th Century Fox, which has made huge profits because of it, will definitely have high hopes by Murdoch and will not give William Chen any chance of acquisition.

Unless he can call out a sky-high price and acquire some junk assets that have been bundled and sold at the same time, what he needs to pay at that time will not be a matter of billions of dollars, it is estimated that there will be no two or three billion dollars. Doc won't let go.

But if there is really so much money, why did William Chen have to buy 20th Century Fox? If it is used to invest in those Internet companies that are about to usher in the future, their yields will be much higher than those of these Hollywood film companies.