v5 Chapter 129： Imaginative
A genius remembers this site address in one second: (Vertex Chinese), the fastest update! No ads!? Bulgaria in 1927 was already one of the most prosperous countries in the world at that time, and its comprehensive national strength was second only to the British Empire.
Looking at these information, Ferdinand is very pleased that the data will not deceive. From the perspective of economic development speed alone, Britain, France and Bulgaria are now in a period of rapid development.
However, Britain and France are false prosperity. The false ones are false after all. The bubble bursts as soon as it pokes. It is only a matter of time.
Perhaps from the perspective of individual capitalists, the financial industry has the highest rate of return, followed by real estate, and the risks of these two industries are relatively small.
Of course, this is only for big capitalists and consortia. Individuals or small capitalists need to test their vision and luck to enter these industries, otherwise there will be no hair left to be swallowed!
Ferdinand was deeply touched by this point. Only after entering this rank did he know what the capital market was like in this era.
For those who made their fortunes on stocks and became the world's richest man, he can only say that he did not wake up!
Inventions and creations can really make you rich, provided that you have the ability to defend your rights worldwide, and choke piracy in the cradle, otherwise you will just sell it.
It's like adding an eraser to a pencil, or designing a pencil case and other patents. If you are lucky, you can sell it by cheating. Don't copy it too easily.
For products that can be produced by a family workshop, don’t talk about patents. It’s impossible to protect rights. The department store and supermarket that Ferdinand first developed did not only charge a token patent fee?
This is because of his family background, so he can give a bit of face and meaning. The remote areas don't even have the meaning.
Compared with the large investment in the real economy and the slow return rate, the financial industry in this era is indeed very profitable.
Regular operations, doubling the profit in the capital market every year, is not a problem for Ferdinand. In the real economy, 30 to 40% of the profits can be made, which are all profiteering industries.
Over the years, Ferdinand has not done nothing. Affected by his previous life, he has seen many traversers explode with patented technology, so he naturally followed suit.
For example: I heard that selling stockings made billions of dollars, and then in 1921, Ferdinand let people come up with nylon stockings technology.
After it was put on the market in 1924, the effect was really good. It was snapped up by women and made a small profit.
What about billions of dollars? Why in more than three years, his total sales were less than 300 million levs, not even 100 million US dollars, so did the rest have been corrupted?
That's fine. After all, the market is limited now, and the number of people who can afford it in the world is limited. He knew it in advance, and then Ferdinand came up with penicillin.
Want to come to the pharmaceutical industry to be the most profitable, with a wide audience, this must be a big profit.
That's right, this invention is really profitable, with a profit rate exceeding 300%, and the net profit obtained every year is hundreds of millions of levs.
Has Ferdinand grown up with these inventions?
The answer is up!
However, it did not rely on opening factories to make money. It registered a leather bag company in London, authorized the overseas production rights of these patented technologies to this company, and then established factories to produce and sell, and after occupying the British market, it was listed in London.
Next, speculate on the company's stocks and slowly cash out. This is a legendary high-quality company that has a large amount of income every year, and with the development of the economy, the income will increase substantially.
Of course, the stock has risen again and again. A factory with less than two million pounds of plant and machinery has become a giant with a market value of more than one billion pounds under a series of operations.
Ferdinand is fairly disciplined. After all, this is a high-quality enterprise. The annual profit of 35 levs is only a hundred times the city's operating profit.
Anyway, as long as there are no problems in operation, pharmaceutical companies will not go bankrupt. In case of luck and develop a few new drugs, won't everyone make a profit?
Ferdinand simply prepaid the company's profits for the next few decades and sold the company when the stock market price was the highest.
When the economic crisis broke out and the company's stock price fell, he bought it again and continued to play.
In the capitalist world, may there be no financial crisis for decades?
Obviously it does not exist, so this game can continue to play, anyway, the patent is only an exclusive authorization, even if it is played, he can still breach the contract and withdraw the patent right in advance.
Isn't it the liquidated damages? The minor problem contract has already been prepared.
Whether it is cheating people or making money, anyway, the law of this era is not perfect, he is legal "making money!"
The specific operation depends on his integrity. Usually everyone will not do it all at once, and shearing must be done slowly.
Only by allowing the stock market to fluctuate continuously can the profits be maximized. The harvest must also be boiled in warm water to attract newcomers. Otherwise, it will fall to the bottom at once, and there will be no fun later.
If there is no trader, a certain stock is likely to stop at a certain position without major fluctuations for a long time.
In short, in the case of a good market, it is hello and hello everyone. Even if the dealer is harvesting, the overall price is still rising.
When the sheep are fattened, the economic crisis will almost come and they can be slaughtered. Any problems that occur at this time can be pushed to the market environment.
To be a bit darker, just take someone else’s company to go public, earn a few commissions as a securities company, and then use inside information to make a difference in time to make money.
Ferdinand is a good guy. He basically doesn't play stocks. He doesn't do anything except during the harvest season.
After all, compared with these low-level methods, banks are even more profitable. Using other people's money to make money is the best choice.
This is why, after so many years, there are at most three or four similar enterprises established in other industries, and the number of banks has exceeded three digits.
As large as the Royal Bank, it has assets of tens of billions of Levs, controls hundreds of billions of Levs, and its influence has spread to major countries in the world.
As small as a certain local bank, with assets of no more than one million, and no influence in a city, even the slightest disturbance may lead to bankruptcy.
In this era, the average life span of the world's companies is less than five years, and the average life span of companies that are brave to expand and innovate is even less than two years.
And the more chaotic the situation, the shorter the average life expectancy of enterprises in regions with lagging economic development, and vice versa.
Survey data shows that Bulgaria’s family businesses have the highest proportion of all developed countries in the world, and almost 95% of businesses rely on family inheritance.
Similarly, the average lifespan of Bulgarian companies is also the longest in the world. As of 1927, the average lifespan of companies was 25 years.
If, according to previous lives, the family business has a curse that the average life expectancy does not exceed 25 years, then the largest wave of bankruptcy in Bulgaria’s history is about to come.
Well, Ferdinand did not take this legendary curse as the same thing. Even if the average life span of a family business is only 25 years, it is much stronger than the average life span of only five years.
These average figures are actually nonsense. For example, the average life span of British companies is only 4.5 years. Is the UK plagued by bankruptcies every day?
With a corporate bankruptcy rate of more than 20% each year, the London government still has to worry about it?
The answer is simple. Most of the bankrupts are leather bag companies. Many companies have done one business or two business from registration to bankruptcy.
As the base camp of capitalists, the leather bag companies of the British Empire are naturally indispensable. The ultra-low lifespan of these companies naturally stretches the average lifespan of their companies.
Bulgaria has stricter controls in this area. If a company wants to go bankrupt, it will have to be checked inside and out. Naturally, there will be fewer leather bag companies.
Compared with small and medium-sized enterprises, the average life expectancy of large companies is more illustrative. This data makes statisticians very difficult. Bulgaria has not yet gone bankrupt in a large company. How should this be calculated?
Ferdinand didn't know whether he should be happy or worried after seeing this figure. The speed of accumulating capital by the manufacturing industry was too slow. Since his succession to the present, Bulgaria has not had a few large companies.
Except for government enterprises, or royal enterprises, the few large enterprises that have grown up on their own are all masters of battles, so how can they easily go bankrupt?
After all, Bulgaria has only been established for a few decades. Even if it continues to develop with a super high profit of 30%, its assets have only increased by 2.7 times after five years.
During this period, it is impossible for you to have no personal expenses, all invested in the expansion of production, the market is not so good, but also considering the factor of inflation, entrepreneurs who can double their assets in five years are all successful companies. Home now.
Starting from a small factory with assets of tens of thousands of levs, you can double how you want. In the 40 years since Ferdinand succeeded to the throne, even if your assets have doubled by 256 times, you haven't touched the threshold of a large company?
As for the wealthy capitalists, he is the king of Bulgaria.
A small country that has just emerged from the rule of the Ottomans has been purged of interest classes again. How can there be big capitalists?
Looking further back, after the Russian Civil War broke out, the Russian capitalists who have been living here are affected by the devaluation of the ruble. How much money can they have?
As a foreigner, doesn't it take time to develop? If you want to build a large company in just a few years, you have to beat the endless stream of competitors?
The mine owner who is the easiest to make a fortune, regrets that since the two countries signed a trade balance treaty, the Balkan mines have been shut down one after another, even if they are not closed, production has been restricted.
Either sell the mine to the government at the market price, or keep it until the policy is released, and then continue to dig!
There is no way to calculate the average life expectancy of large domestic companies, and no one knows when they will go bankrupt. It is obvious in foreign countries.
The average life span of large British companies is 28 years, which is enough to explain the problem.
There is no doubt that these long-lived companies, and most of the industries under the consortium, are naturally prosperous.
With the family industry of the great aristocracy, a century-old company got together, but these companies are slowly getting bigger, they were very inconspicuous before, and even ignored.
For example, the wine produced by Ferdinand can be declared to be a time-honored brand. Although it has not been sold on the market before, the winery has indeed been passed down for generations.
Now that it has grown and grown, Ferdinand directly announced that this is a time-honored brand that has been passed down for more than two hundred years, and there is nothing wrong with it. Two hundred years ago, the Gotha family also had a wine estate.
Now it is also the world's most important wine producer, and it has put on the royal signboard. From the beginning, it has been high-end products.
To inherit and inherit, to have history with history, to have humanities and humanities, all live together, and business is not good enough.
Unfortunately, in order to keep the brand, limited supply has to be limited, otherwise this royal winery is too worthless. Why can I get the world's first wine brand?
It’s not wine, but taste! As long as the taste is not worse than others, the same taste and different brands will have different prices!
Even if the raw materials are produced in the Balkans, the winery has only been established for a few years. Since it is the king's drink, it must be a boutique.
Seeing Ferdinand thinking wildly, Constantine said nervously: "Your Majesty!"
Seeing that Ferdinand did not respond, he increased his volume and shouted, "Your Majesty!"
"Well, what's the matter?" Ferdinand asked rhetorically
Knowing that his thoughts were off the track, Ferdinand still didn't mean to apologize at all. It was not the first time anyway.
"Your Majesty, you look so fascinated Is there any problem?" Constantine asked
"No, I'm just a little bit emotional. The British have such a solid foundation. They are so prodigal and they have not suffered a lot of vitality!" Ferdinand casually found an excuse to say
"Your Majesty, the British have already hurt their vitality. Since the outbreak of the Southeast Asian rebellion, the British have drawn nearly 300,000 troops from the mainland, and one-third of them are dead.
Coupled with the battlefield in Afghanistan, this loss will be even greater!
When this series of wars are all over, they will at least have to pay hundreds of thousands of casualties, among them, the purebred British, how can they also die for 40 to 50,000!
It is said that the mortality rate in Southeast Asia is very high. It is not easy for the broken up troops to survive in the jungle!
In addition to casualties, there are huge war expenditures. London has now spent nearly 400 million pounds, and it will cost at least that much when the matter is over.
One year’s fiscal revenue was lost, and the financial situation of the British government was not so good. Their debts are estimated to be no easier than the Russians! "Constantin said with a smile
Ferdinand nodded. The refueling tactic is the most costly. If the Southeast Asian rebellion just broke out, the British would take action. It is estimated that the rebellion would have been put down.
Or maybe after the outbreak of the Indonesian rebellion, the colonial government increased its vigilance and there were no so many troubles.
"Well, let's put aside the report. Next year's budget meeting can begin. We will finalize the budgets of various departments as soon as possible, so that we can prepare early, so as not to be caught off guard at the end!" Ferdinand thought for a while and said.
"Yes, Your Majesty! Next year's budget meeting can be opened in three days, and we can come up with the final result before Christmas!" Constantine replied
"That's it!" Ferdinand said wearily
...
Looking at these information, Ferdinand is very pleased that the data will not deceive. From the perspective of economic development speed alone, Britain, France and Bulgaria are now in a period of rapid development.
However, Britain and France are false prosperity. The false ones are false after all. The bubble bursts as soon as it pokes. It is only a matter of time.
Perhaps from the perspective of individual capitalists, the financial industry has the highest rate of return, followed by real estate, and the risks of these two industries are relatively small.
Of course, this is only for big capitalists and consortia. Individuals or small capitalists need to test their vision and luck to enter these industries, otherwise there will be no hair left to be swallowed!
Ferdinand was deeply touched by this point. Only after entering this rank did he know what the capital market was like in this era.
For those who made their fortunes on stocks and became the world's richest man, he can only say that he did not wake up!
Inventions and creations can really make you rich, provided that you have the ability to defend your rights worldwide, and choke piracy in the cradle, otherwise you will just sell it.
It's like adding an eraser to a pencil, or designing a pencil case and other patents. If you are lucky, you can sell it by cheating. Don't copy it too easily.
For products that can be produced by a family workshop, don’t talk about patents. It’s impossible to protect rights. The department store and supermarket that Ferdinand first developed did not only charge a token patent fee?
This is because of his family background, so he can give a bit of face and meaning. The remote areas don't even have the meaning.
Compared with the large investment in the real economy and the slow return rate, the financial industry in this era is indeed very profitable.
Regular operations, doubling the profit in the capital market every year, is not a problem for Ferdinand. In the real economy, 30 to 40% of the profits can be made, which are all profiteering industries.
Over the years, Ferdinand has not done nothing. Affected by his previous life, he has seen many traversers explode with patented technology, so he naturally followed suit.
For example: I heard that selling stockings made billions of dollars, and then in 1921, Ferdinand let people come up with nylon stockings technology.
After it was put on the market in 1924, the effect was really good. It was snapped up by women and made a small profit.
What about billions of dollars? Why in more than three years, his total sales were less than 300 million levs, not even 100 million US dollars, so did the rest have been corrupted?
That's fine. After all, the market is limited now, and the number of people who can afford it in the world is limited. He knew it in advance, and then Ferdinand came up with penicillin.
Want to come to the pharmaceutical industry to be the most profitable, with a wide audience, this must be a big profit.
That's right, this invention is really profitable, with a profit rate exceeding 300%, and the net profit obtained every year is hundreds of millions of levs.
Has Ferdinand grown up with these inventions?
The answer is up!
However, it did not rely on opening factories to make money. It registered a leather bag company in London, authorized the overseas production rights of these patented technologies to this company, and then established factories to produce and sell, and after occupying the British market, it was listed in London.
Next, speculate on the company's stocks and slowly cash out. This is a legendary high-quality company that has a large amount of income every year, and with the development of the economy, the income will increase substantially.
Of course, the stock has risen again and again. A factory with less than two million pounds of plant and machinery has become a giant with a market value of more than one billion pounds under a series of operations.
Ferdinand is fairly disciplined. After all, this is a high-quality enterprise. The annual profit of 35 levs is only a hundred times the city's operating profit.
Anyway, as long as there are no problems in operation, pharmaceutical companies will not go bankrupt. In case of luck and develop a few new drugs, won't everyone make a profit?
Ferdinand simply prepaid the company's profits for the next few decades and sold the company when the stock market price was the highest.
When the economic crisis broke out and the company's stock price fell, he bought it again and continued to play.
In the capitalist world, may there be no financial crisis for decades?
Obviously it does not exist, so this game can continue to play, anyway, the patent is only an exclusive authorization, even if it is played, he can still breach the contract and withdraw the patent right in advance.
Isn't it the liquidated damages? The minor problem contract has already been prepared.
Whether it is cheating people or making money, anyway, the law of this era is not perfect, he is legal "making money!"
The specific operation depends on his integrity. Usually everyone will not do it all at once, and shearing must be done slowly.
Only by allowing the stock market to fluctuate continuously can the profits be maximized. The harvest must also be boiled in warm water to attract newcomers. Otherwise, it will fall to the bottom at once, and there will be no fun later.
If there is no trader, a certain stock is likely to stop at a certain position without major fluctuations for a long time.
In short, in the case of a good market, it is hello and hello everyone. Even if the dealer is harvesting, the overall price is still rising.
When the sheep are fattened, the economic crisis will almost come and they can be slaughtered. Any problems that occur at this time can be pushed to the market environment.
To be a bit darker, just take someone else’s company to go public, earn a few commissions as a securities company, and then use inside information to make a difference in time to make money.
Ferdinand is a good guy. He basically doesn't play stocks. He doesn't do anything except during the harvest season.
After all, compared with these low-level methods, banks are even more profitable. Using other people's money to make money is the best choice.
This is why, after so many years, there are at most three or four similar enterprises established in other industries, and the number of banks has exceeded three digits.
As large as the Royal Bank, it has assets of tens of billions of Levs, controls hundreds of billions of Levs, and its influence has spread to major countries in the world.
As small as a certain local bank, with assets of no more than one million, and no influence in a city, even the slightest disturbance may lead to bankruptcy.
In this era, the average life span of the world's companies is less than five years, and the average life span of companies that are brave to expand and innovate is even less than two years.
And the more chaotic the situation, the shorter the average life expectancy of enterprises in regions with lagging economic development, and vice versa.
Survey data shows that Bulgaria’s family businesses have the highest proportion of all developed countries in the world, and almost 95% of businesses rely on family inheritance.
Similarly, the average lifespan of Bulgarian companies is also the longest in the world. As of 1927, the average lifespan of companies was 25 years.
If, according to previous lives, the family business has a curse that the average life expectancy does not exceed 25 years, then the largest wave of bankruptcy in Bulgaria’s history is about to come.
Well, Ferdinand did not take this legendary curse as the same thing. Even if the average life span of a family business is only 25 years, it is much stronger than the average life span of only five years.
These average figures are actually nonsense. For example, the average life span of British companies is only 4.5 years. Is the UK plagued by bankruptcies every day?
With a corporate bankruptcy rate of more than 20% each year, the London government still has to worry about it?
The answer is simple. Most of the bankrupts are leather bag companies. Many companies have done one business or two business from registration to bankruptcy.
As the base camp of capitalists, the leather bag companies of the British Empire are naturally indispensable. The ultra-low lifespan of these companies naturally stretches the average lifespan of their companies.
Bulgaria has stricter controls in this area. If a company wants to go bankrupt, it will have to be checked inside and out. Naturally, there will be fewer leather bag companies.
Compared with small and medium-sized enterprises, the average life expectancy of large companies is more illustrative. This data makes statisticians very difficult. Bulgaria has not yet gone bankrupt in a large company. How should this be calculated?
Ferdinand didn't know whether he should be happy or worried after seeing this figure. The speed of accumulating capital by the manufacturing industry was too slow. Since his succession to the present, Bulgaria has not had a few large companies.
Except for government enterprises, or royal enterprises, the few large enterprises that have grown up on their own are all masters of battles, so how can they easily go bankrupt?
After all, Bulgaria has only been established for a few decades. Even if it continues to develop with a super high profit of 30%, its assets have only increased by 2.7 times after five years.
During this period, it is impossible for you to have no personal expenses, all invested in the expansion of production, the market is not so good, but also considering the factor of inflation, entrepreneurs who can double their assets in five years are all successful companies. Home now.
Starting from a small factory with assets of tens of thousands of levs, you can double how you want. In the 40 years since Ferdinand succeeded to the throne, even if your assets have doubled by 256 times, you haven't touched the threshold of a large company?
As for the wealthy capitalists, he is the king of Bulgaria.
A small country that has just emerged from the rule of the Ottomans has been purged of interest classes again. How can there be big capitalists?
Looking further back, after the Russian Civil War broke out, the Russian capitalists who have been living here are affected by the devaluation of the ruble. How much money can they have?
As a foreigner, doesn't it take time to develop? If you want to build a large company in just a few years, you have to beat the endless stream of competitors?
The mine owner who is the easiest to make a fortune, regrets that since the two countries signed a trade balance treaty, the Balkan mines have been shut down one after another, even if they are not closed, production has been restricted.
Either sell the mine to the government at the market price, or keep it until the policy is released, and then continue to dig!
There is no way to calculate the average life expectancy of large domestic companies, and no one knows when they will go bankrupt. It is obvious in foreign countries.
The average life span of large British companies is 28 years, which is enough to explain the problem.
There is no doubt that these long-lived companies, and most of the industries under the consortium, are naturally prosperous.
With the family industry of the great aristocracy, a century-old company got together, but these companies are slowly getting bigger, they were very inconspicuous before, and even ignored.
For example, the wine produced by Ferdinand can be declared to be a time-honored brand. Although it has not been sold on the market before, the winery has indeed been passed down for generations.
Now that it has grown and grown, Ferdinand directly announced that this is a time-honored brand that has been passed down for more than two hundred years, and there is nothing wrong with it. Two hundred years ago, the Gotha family also had a wine estate.
Now it is also the world's most important wine producer, and it has put on the royal signboard. From the beginning, it has been high-end products.
To inherit and inherit, to have history with history, to have humanities and humanities, all live together, and business is not good enough.
Unfortunately, in order to keep the brand, limited supply has to be limited, otherwise this royal winery is too worthless. Why can I get the world's first wine brand?
It’s not wine, but taste! As long as the taste is not worse than others, the same taste and different brands will have different prices!
Even if the raw materials are produced in the Balkans, the winery has only been established for a few years. Since it is the king's drink, it must be a boutique.
Seeing Ferdinand thinking wildly, Constantine said nervously: "Your Majesty!"
Seeing that Ferdinand did not respond, he increased his volume and shouted, "Your Majesty!"
"Well, what's the matter?" Ferdinand asked rhetorically
Knowing that his thoughts were off the track, Ferdinand still didn't mean to apologize at all. It was not the first time anyway.
"Your Majesty, you look so fascinated Is there any problem?" Constantine asked
"No, I'm just a little bit emotional. The British have such a solid foundation. They are so prodigal and they have not suffered a lot of vitality!" Ferdinand casually found an excuse to say
"Your Majesty, the British have already hurt their vitality. Since the outbreak of the Southeast Asian rebellion, the British have drawn nearly 300,000 troops from the mainland, and one-third of them are dead.
Coupled with the battlefield in Afghanistan, this loss will be even greater!
When this series of wars are all over, they will at least have to pay hundreds of thousands of casualties, among them, the purebred British, how can they also die for 40 to 50,000!
It is said that the mortality rate in Southeast Asia is very high. It is not easy for the broken up troops to survive in the jungle!
In addition to casualties, there are huge war expenditures. London has now spent nearly 400 million pounds, and it will cost at least that much when the matter is over.
One year’s fiscal revenue was lost, and the financial situation of the British government was not so good. Their debts are estimated to be no easier than the Russians! "Constantin said with a smile
Ferdinand nodded. The refueling tactic is the most costly. If the Southeast Asian rebellion just broke out, the British would take action. It is estimated that the rebellion would have been put down.
Or maybe after the outbreak of the Indonesian rebellion, the colonial government increased its vigilance and there were no so many troubles.
"Well, let's put aside the report. Next year's budget meeting can begin. We will finalize the budgets of various departments as soon as possible, so that we can prepare early, so as not to be caught off guard at the end!" Ferdinand thought for a while and said.
"Yes, Your Majesty! Next year's budget meeting can be opened in three days, and we can come up with the final result before Christmas!" Constantine replied
"That's it!" Ferdinand said wearily
...
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