In the United States, the most important thing for Simon in the near future is the financial statistics of Daenerys Entertainment Group just over the past fiscal year. As a leader in the rapid development of the US stock market, the global capital market is also paying close attention to this matter.

Simon returned to Los Angeles from New York and followed up for a busy period in person. Daenerys Entertainment Group finally released its full-year financial report for the 1996 fiscal year on October 17.

From October 1995 to September 1996, Daenerys Entertainment Group's operating income hit a new high in the four quarters, reaching US$36.1 billion. Compared with the revenue data of US$27.6 billion in fiscal 1995, the annual revenue growth rate still maintained a 31% increase, significantly exceeding the growth rate forecast of Wall Street institutions and major financial media generally between 25% and 30%.

It is not rare for a company to maintain even double growth in the initial stage of its business, but as we all know, when the revenue volume reaches the level of 10 billion US dollars, it is almost a geometric increase in difficulty.

After Daenerys Entertainment Group's annual revenue scale exceeded the US$30 billion mark, its annual revenue growth can still remain above 30%. Even if it cannot be said to be a miracle, it is not far from the gap.

Therefore, when the financial report was just released, many people's first reaction was to question it.

How is this possible?

You should know that with a revenue scale of US$36.1 billion, Daenerys Entertainment Group is already in the top 15 American companies based on revenue statistics, ranking alongside century-old giants such as DuPont, Citigroup and Texaco.

However, after reading the financial report in detail, everything was hard to refute.

Just like the core movie business.

However, this summer season just passed, compared with previous years, almost every movie that exceeded 100 million yuan this year is closely related to Daenerys Entertainment, which largely represents the continued increase in Daenerys Entertainment's share of the American film industry.

A layman watches the fun.

For insiders, behind this appearance, what is represented is real interests.

Moreover, many people have further realized that Daenerys Entertainment has maintained a relatively restrained attitude in previous years, but since the past year, to be precise, since the successful acquisition of Metropolitan ABC Group, Daenerys Entertainment seems to no longer hide its further ambitions and edge.

To be honest, compared with the 1995 fiscal year, Daenerys Entertainment's film and television entertainment sector revenue in fiscal year 1996 increased by 34%, three percentage points higher than the group's average 31%.

Overall, the financial results that all other major studios in Hollywood are beyond the reach of Daenerys Entertainment's business is not because of the sudden outbreak of Daenerys Entertainment's business, but because of the start of various businesses of this super media and entertainment giant that spans movies, TV, music, games, comics, theme parks and other fields.

This is actually the most terrifying point.

After all, after many companies have entered a bottleneck in order to pursue further growth, they can only develop new businesses. However, Daenerys Entertainment Group, which is already the leader in Hollywood, does not even need to open up new businesses when many people think that growth has reached its peak bottleneck. All sectors can still maintain strong growth.

After revenue, there will naturally be profits.

Also thanks to not investing too much money in the so-called emerging businesses, Daenerys Entertainment Group's annual profit also hit a new high, reaching US$5.27 billion, a year-on-year increase of 42% compared with US$3.71 billion last year, and its net profit margin rose from 13.4% last year to 14.7%.

With a profit scale of more than $5 billion, according to the financial data of major companies in the same fiscal year that has been released, Daenerys Entertainment's profitability is second only to General Motors, ExxonMobil, General Electric and Philip Morris, ranking fifth. This is also the only five companies with a net profit scale of more than $5 billion in the fiscal year.

The market value of Daenerys Entertainment Group exceeded the astonishing high of US$450 billion during the release of the Forbes US 400 Rich List in August.

With the release of the full-year financial report on Thursday, October 17, Daenerys Entertainment's stock price rose 3.7% on the same day, breaking the $500 billion mark from US$495.1 billion the previous day, and its market value reached US$513.4 billion at the close of the day, with a single-day market value of US$18.3 billion. It also became the second company in the world to have a market value of US$500 billion after Igritte.

On the same day, a CNN financial reporter commented on the stock price of Daenerys Entertainment on his Facebook page, using only one phrase: irrational.

With the surging wave of new technology, the market value of a media entertainment company that should not be so popular can reach such a high level indeed seems to have completely lost its mind.

However, in detail, the industry has to admit that a series of core companies in the Westeros system, such as Cisco, American Online, Egret, etc., is actually a company with the most solid foundation. While maintaining high growth, Daenerys Entertainment's various business segments are real, both revenue and profit.

Not to mention the rest, based on the market value of US$503.4 billion that closed that afternoon, Daenerys Entertainment's stock's price-to-earnings ratio is actually only 96 times.

The price-to-earnings ratio is as high as 96 times, so it seems that the word "only" should not be used. However, compared with a large number of companies with price-to-earnings ratios in the new technology field, Daenerys Entertainment's bubble component is actually very low.

Even some companies on the New York Stock Exchange are in a bull market, and the price-to-earnings ratios of many companies have exceeded 100 times, while the current average price-to-earnings ratio of all stocks under the New York Stock Exchange is as high as 51 times.

The most important factor is actually the growth rate.

Daenerys Entertainment, which is already at the peak of the industry, has surpassed its various businesses, whether it is movies, TV, music, and games, although it has surpassed its peers, but has not lost its own rapid growth state. This is the most direct proof that Daenerys Entertainment's annual revenue growth rate can still remain above 30% this year.

Therefore, it is also the most critical factor that drives Daenerys Entertainment to break through $500 billion.

After all, what stock market invests is actually the future. The greater the future potential, the higher the stock price will be.

On the other hand, the two companies in the Westeros system, Daenerys Entertainment and Igrit, not only exceeded the market value of US$500 billion, but the combined two companies reached US$1 trillion. Moreover, the two companies led the New York Stock Exchange and the Nasdaq Exchange respectively. This situation inevitably attracted a lot of controversy again.

One of the most popular aspects is bubbles.

You should know that although the US stock market has been advancing rapidly, there are still countless capitals that bet on the turn of US stocks and choose to short it with a lucky mentality.

Over the past six months, countless hedge funds that have chosen to short have suffered heavy losses.

Even if these have no direct relationship with the Westeros system, they are the first to come out after all, and the resentment of huge losses will naturally be vented on the Westeros system.

Secondly, it’s still a cliché.

Simon Westeros' personal wealth is really too huge.

It's so huge that it's scary.

So I couldn't help but talk about it and needed to suppress Simon Westero's personal wealth growth.

Simon's deepest feelings these days are actually one point.

There is too much money, too much to spend.

This is not the whining of the super rich, but the fact.

Just like Warren Buffett in the original space and time.

Berkshire Hathaway once had hundreds of billions of dollars in cash. Because it was too large, there was nowhere to go. An old man was the kind of stingy type who did not pay dividends to shareholders. So in the eyes of Buffett, who pursued compound interest and feared inflation, this was a great worry.

Simon is now facing this problem.

The money is really endless.

Just talking about Daenerys Entertainment, Simon currently holds up to 78.3% of the shares of Daenerys Entertainment Group.

According to Daenerys Entertainment's profit data in 1995, in theory, Simon can get a profit dividend of US$4.1 billion. Therefore, not to mention the value of Daenerys Entertainment's stock itself, not to mention the continuous profits generated by all other companies in the huge Westeros system, just Daenerys Entertainment's family has more than US$4 billion in dividends a year and is just personal expenses, Simon needs to squander $11 million per day on average to spend all of them.

What is the concept of $11 million?

According to the current market price, this money can buy about 1 ton of gold. Obviously, it is really a physical job to spend $11 million a day.

Therefore, no matter how luxurious Simon's life is, his personal expenses will be only a small part of it.

If you talk about investment, this seems to be the best direction to spend money.

However, unless Simon does not have this habit of spending money randomly without considering the income, then if you want to invest sensible value-added investment of $4 billion, a huge team will need to rack their brains to find a reasonable place to go.

What's more, this is just a year's profit, and it's just a Daenerys entertainment.

If all enterprises in the Westeros system are stimulated without considering factors such as tax avoidance or reinvestment, the dividends that belong to the Westeros family can reach a scale of 10 to 20 billion US dollars every year, and it is still only at this stage, and this number will only become larger and larger in the future.

Even after ten or twenty years, it is not impossible to reach hundreds of billions of dollars every year just by dividends.

If it really reaches this level, such a huge amount of funds will really have nowhere to go.

The problem is that the entire Westeros system has reached the economic scale of a strong country, but it does not need to support the fiscal expenditure needs of tens of millions or even hundreds of millions of people, and it is inevitable that there will be only in and not out.

For a country, if a fiscal deficit occurs for a long time and does not have the ability of the United States to use the US dollar to transfer the world, it will inevitably collapse. Similarly, when a country can accumulate a large amount of surplus every year and become rich to a certain level, the result will not be very good.

A pig is too fat, but it will make people jealous.

The biggest problem in the Westeros system in the future is that it may continue to accumulate a large amount of surplus. Therefore, Simon must find a suitable method to solve this problem.

Malibu, Daenerys Cinema.

On the second day after the financial report was released, the meeting between senior executives and waiting for others to leave, Nancy Brill, the president of the young child who was left by Simon, couldn't help but tease: "Are you worried that you can't spend it recently?"

Simon sat in the middle of the wide conference table, looking through a sales data file for Diablo's January listing. Hearing the story probably understood that this was some little gossip that the woman got when chatting with two Jenny privately. He smiled and asked, "Do you have any good ideas?"

Nancy moved from opposite to the conference table to sit opposite Simon, shook her head and said, "I can't do anything about it. In my opinion, as the Matthew effect advantage of the Westeros system becomes more and more obvious, the similar troubles you will face in the future will be more serious. I think this is a very dangerous tendency."

"Um?"

"It's obvious," Nancy said: "You have so much. Even if everything is legitimate, the problem is that you have so much that you have so much that many people are afraid, and so that the sense of imbalance among the lower classes will only become stronger and stronger."

Simon stopped and asked with a smile, "So, what do you think will be the result?"

Nancy leaned forward slightly and shook her head again: "I don't know, because there has never been such a precedent in human history. What's more, it is still the most civilized stage in human history for thousands of years. There is almost no chance that your personal property will be violently seized, but some kind of danger actually exists, so I can't understand."

Simon still had a smile on his lips and said, "You already understand."

Nancy wondered: "What?"

“Violence,” Simon said: “There is nothing new under the sun. The thousands of years of history on this planet, no matter what kind of change, is ultimately due to violence. Moreover, in my opinion, the more the so-called civilization is, the more fragile it is, and the more likely it is to be destroyed by barbarism.”

Nancy suddenly realized: "It seems that you have definitely considered these issues more than once."

"Of course, I also took a lot of substantive actions."

Nancy turned her head and thought for a while, and asked, "Since you are sure that civilization will be destroyed by savageness, do you think you can escape this fate?"

"Why can't?" Simon asked back, his smile slightly converging, and his temperament turned sharp: "I have never said that I plan to stand on the side of civilization."

Nancy was frightened by Simon's sudden change of momentum, and reacted, and couldn't help but face tit: "Boss, if you turn to savage and use violence, wouldn't that mean you gave someone the excuse directly against you?"

"I turned to barbarism, but I didn't necessarily use violence," Simon reconciled again, and a relaxed smile appeared on the corner of his mouth: "Little Nancy, in my concept, barbarism and violence are two concepts. Many times, there is no violent barbarism at all, and its destructive power is far greater than violence."

When Nancy heard the name of "Little Nancy", she became more and more fighting spirited. She went to the bottom of the story: "I don't believe it, for example?"
Chapter completed!