Aug 15, 2023

The 20th of last month was the 50th anniversary of the death of martial arts superstar Bruce Lee. To commemorate this legend, the TV station rebroadcasted one of his masterpieces, “Way of the Dragon”. The scene of the life-and-death battle in the Colosseum has long been a collective memory of Lao Bi’s generation. Half a century has passed in a blink of an eye, and the time has come to 2023. What the world is eagerly looking forward to is that the two super rich, Tesla boss Musk and Meta founder Zuckerberg, will do what they say and carry out a century-old fight in an iron cage. Is it time for the farce to “end”? In the afternoon of June, Musk invited Xiaozhu to “just grab”, and the other party agreed. The incident has been disturbed for nearly two months, and it has not yet come to fruition. Apart from the appetite of the “melon-eating tribe”, the outside world inevitably doubts whether the so-called cage fight Pure gimmick, downright hype. However, if everyone has expectations for the “cage fight” to be staged in the end, the developments in the past few days can be called fascinating. Musk spoke convincingly last Friday, claiming that he had the approval of Italian Prime Minister Meloni and the Ministry of Culture that the fight will be held in an “epic location” in the country, and the whole process will be arranged on his social platform X (formerly known as Twitter) and Twitter. Zuckerberg’s Meta will stream live, but the venue will not be the previously rumored Rome, the news has been confirmed by Italian Culture Minister Gennaro Sangiuliano. Local media speculated that the decisive battle may be staged in the ancient city of Pompeii near Naples. I thought everything was ready, but unexpectedly, Xiaozhu shouted on his social platform Threads two days later, if Musk is serious about the date and the game, he should know how to contact him, otherwise it is time to “move on” (time to move on); One more thing to add, only focus on fighting against people who take fighting seriously. The implication is that Musk said for a while that he needed surgery for the neck and back injury, and for a while he proposed to hold a practice match in the backyard of Zuckerberg’s house. He couldn’t even decide on a date for a big round. , the title of coward belongs to him. The two super-rich tech stars go beyond the level of lip service and bring the fierce competition in the market to the ring. It is so surreal that even DreamWorks Hollywood can’t imagine it. Tracing back to the source, this farce began with a joke from a netizen, pointing out that Zuckerberg had received judo training and “reminding” Musk to be careful. This was originally aimed at the head-to-head confrontation between the two in the field of social platforms, but it unexpectedly became the fuse of the fighting. Musk, who has always been provocative, has a hard-to-change nature. The message “Appointment”, probably even Musk did not expect it. Xiao Zhu was so forthright in agreeing to the appointment, and loved face as much as he did, how could he take it back after he opened it? Regardless of whether the actions of the world’s richest man claiming to be hurt and leaving the date of the duel “blank” are intended to prolong the time, if one day has not found a step down, he still has to bite the bullet and stick to it. Powerless to stop the madness The two giants are really fighting each other. Most people believe that Zuckerberg is more than a little bit high, not only because he is 13 years younger than Musk (Xiao Zhu is 39, Xiao Ma is 52), but more importantly, the former has absolutely no respect for the martial arts world. Unfamiliar, especially obsessed with Brazilian jiu-jitsu, and greatly admires its focus and strategic thinking rather than brute force to win. Two years ago, he began to train rigorously. He participated in an open martial arts championship held in California, and it is said that he even won a medal. . Musk invited “Just Pull”, and Xiao Zhu immediately agreed. Judging from the above background, it should be a performance with a well-thought-out plan. Interestingly, as a big expert in mixed martial arts, UFC (Ultimate Fighting Championship) Chairman Dana White is worried about Zuckerberg instead, and mentioned a very important point. Musk is at least 30 kilograms heavier than Xiao Zhu. In official mixed martial arts competitions, athletes usually compete in groups by weight class. According to this criterion, Zuckerberg is tantamount to challenging Musk by leapfrogging. Xiao Zhu suddenly used Musk’s “not being serious” as an excuse to imply that the incident should be “finished”. He seemed to lose his patience, but for him, if a gentle sentence of “time to move on” can resolve this emotional dispute, it would be a big deal. Not a bad idea. Both Musk and Zuckerberg are the souls of the world’s most important technology giants. They have no eyes. A crazy move that may seriously damage the interests of the company, can shareholders just stand by and be completely powerless to stop it? The answer is only to disappoint rational people. In Xiao Zhu’s case, since Meta’s predecessor, Facebook, went public in 2012, its dual shareholding structure has ensured that the founders control 60% of the voting rights. Thanks to the different rights of the same shares, no one can fire Xiao Zhu if he doesn’t resign himself. Speaking of Musk, Tesla can technically go to him and then go fast, but in fact it is difficult because the company has a “supermajority” (supermajority) rule, and any major decision must win two-thirds of the votes. Most of the votes can pass, not to mention that Musk himself holds 13% of Tesla shares, so it is not easy to fire him. Ironically, Tesla’s board of directors moved to abolish the “supermajority” mechanism last year, and it ended up being a waste of work, precisely because the vote rate was less than two-thirds! In any case, if there is no problem after a round of iron cage fighting, there will be booing from the excited public watching the excitement, but what is certain is that the family members, lovers and even investors of the two giants can finally collectively breathe a sigh of relief. (Editor’s note: Bi Laolin’s latest book “My Investment Diary” is now on sale) Welcome to order: physical book, e-book Article: Analysis of “Investment Analysis and Research Department of Hong Kong Economic Journal”–Policy promotion has ended Country Garden’s blue chip investment analysis and research department–360 market situation overview Check out “Financial Peak” Hengsheng — domestic housing debt turmoil, car companies’ price cuts again, “Stock Futures Attack” Qiu Guqi — BYD’s low absorption and mid-line Hong Kong stock market closing statistics of the previous day “Investor’s Diary” Bi Laolin — Iron Cage “only pull” anti-climax, who shrinks the sand “Fund Flow” Lu Ziyi – A-share capital attraction continues to decline “Shanghai, Shenzhen and Hong Kong Journal” Tan Xiaohan – the domestic housing crisis is still unresolved, and the market is unlikely to improve “A-share game” Xu Yi – Xing Sen’s production capacity release growth can be expected Shanghai-Shenzhen-Hong Kong Stock Connect transaction statistics of the previous day “Stock Chronicles” Peter – high interest rate topped recovery Luyao China and Hong Kong brick stocks no operation “Individual Stock Strategy” Luce – Qiu Taihou low collection Bo next round of rebound “Shadows of Big Futures Investors” Investment Analysis and Research Department of Hong Kong Economic Journal — Economic sluggishness and interest rate hikes are prudent and the British pound may drop to 1.2483. 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