Son has been Japan's richest man since 1994, but in 2019, his fortune suffered a severe drawdown. His fortune was reduced by $15 billion due to the share prices of several technology companies he invested**. However, after only four days, Son managed to turn the tables. His fortune grew by $136 billion to $611.1 billion, regaining the throne of Japan's richest man.
Son's turnaround has not been without its challenges. He was once in trouble after the dot-com bubble burst, and his worth shrank significantly. However, he did not give up and continued to look for new investment opportunities. He saw the huge potential of the mobile internet and invested in companies such as Alibaba, Uber and Didi Chuxing. These investments have paid him handsomely and helped him rise again.
Son's investment philosophy is a "three-step": first find a potential industry, then find a company with a competitive advantage in this industry, and finally grow with this company through investment or cooperation. This philosophy has helped him successfully capture the trend of the mobile Internet and achieve great success in investment.
In his resurgence, Son has shown remarkable insight and judgment. He is good at grasping trends and spotting opportunities and potential risks in the market. In addition, he has strong interpersonal skills and is able to build good relationships with great entrepreneurs. Together, these factors have contributed to his success in the investment space.
Son's investment strategy is also worth learning from. He focuses on long-term value investing and does not pursue short-term high returns. He believes that only by holding companies with competitive advantages for a long time can they achieve sustainable returns. In addition, he is adept at using financial leverage to scale up and capture market opportunities through debt financing.
Of course, Son's success was not accidental. He has keen market insight and excellent business acumen, which are important components for him to become a top-tier investor. In addition, he has a wealth of contacts and extensive information**, which also supports his investment decisions.
In short, Son's turnaround journey has fully demonstrated his investment acumen and business acumen. His successful experience is not only enlightening for investors, but also provides valuable reference for entrepreneurs. In the future, Son will continue to leverage his investment talent and business acumen to make greater contributions to the development of the global technology industry.