Chapter 163

Chapter 163: All the crocodiles gather at Smith

Abel has no psychological burden related to the partial sale of Smith Capital shares.

According to him, Smith Capital is not an irreplaceable company.

In this business, he himself is irreplaceable.

Smith Capital itself has value.

Smith Capital can often be had, but Abe Smith who is super "talented" is really rare. These people don't want to invest in Smith Capital as much as they want to invest in him.

Furthermore, to date the industries that bear its name have virtually nothing to do with Smith Capital.

Every time he makes an acquisition, he also creates a business.

The money used came from Smith Capital.

But the parent company is controlled by three other companies and by himself. Among the three companies.

One of them is Smith Holdings in Ireland.

One family is Emily Investment registered in the Cayman Islands.

There is another company, Alexandria Capital, registered in Bermuda.

In addition to investing in the capital market, Abel is also jointly owned by these three companies and himself. Approximate rates are adjusted depending on the industry, era or individual mood.

Like Ab Smith entertainment.

The three remote island companies each held a 30% stake and he held another 10% in his own name.

Smith Capital is just his leek-cutting and money-making tool.

If you can use this tool to make money, you can enjoy these benefits. So why not do it?

Of course.

Giants are not stupid.

If by then they really want to buy the stock, they will agree to some of Abel's demands.

Certain restrictions must also be imposed. For example, they may ask Abel to stick with the company or have requests related to the company's performance.

If the conditions are not met, compensation or shares must be revoked.

It is similar to the gambling agreement.

This is also normal.

Otherwise, they won't be able to spend a lot of money or use valuable stocks to invest in Smith Capital. The current situation is that Paulson, the chairman of Goldman Sachs, is talking to Richard Fuld.

Then, in addition to those three, David Komansky and Philip Purcell intervened.

This Philip Purcell has a pretty cool Chinese name for Huaxia.

His name is Pei Xiliang and he is also a famous American financial figure who frequently visits China.

The addition of Philippe and David doesn't change anything. They are like Paulson, who is one step ahead of them.

Soon after, Abel received the same news as Richard Fuld.

Tonight Smith Capital will announce the opening of its first round of funding.

Everyone knows that Smith Capital is not short of capital and its profits are even more exaggerated.

He wants sponsorship, but it probably won't be money. It could just be stocks that are worth more than money, or something like that.

The oligarchs are not stupid and they know Abel is not stupid either.

The smarter Abel is, the happier they are. A smart money tree is a good money tree.

Smart cash cows are willing to become their cash cows because they fear their power. Don't think about anything all day.

The character of Richard Fuld is as outspoken as ever.

This guy was in a parallel space-time and saved Lehman Brothers from bankruptcy twice.

At the same time, it was also his desire to follow his own path, pushing Lehman Brothers into a dead end in parallel time and space.

During the conversation, Richard Fuld suddenly asked:

"Mr. Smith, with all due respect. Do you have an exact number to value Smith Capital? »

His question immediately caused the remaining three giants to stop the conversation.

I have to say that this question was raised by Richard Fuld.

It was also one of the four most interested topics among the five people present.

Approximately how much does it cost to get admission tickets.

Is this type of issue worth worrying about? Abel smiled: "This matter will be announced later."

The Big Four were naturally dissatisfied with Abel's reaction.

But I think I'll know later, so I'm not that impatient.

At this time, Abel suddenly spoke:

"By the way, Mr. Paulson. I heard Goldman Sachs owns about 6% of Comcast's original shares."

The smile on Paulson's face was a bit startled, then the bald white old man quickly responded: "That's right. To be exact, this number is 6.63%."

Abel smiled, the Big Four saw him smile like that. I immediately understood this guy and became interested in Comcast stock owned by Goldman Sachs.

After all, who in America isn't interested in Comcast stock?

Immediately afterwards, Abe told Richard Fuld:

"Mr. Fuld, is it true that Lehman Brothers owns the 5% stake that Google promised?

Lehman Brothers owned a venture capital firm that was one of the first venture capital firms in Silicon Valley to invest in Google.

Some giants like them have controlled or invested in hundreds of financial companies under their names.

"Of course ~" Richard Fuld said smiling. This also made Richard Fuld realize.

Abel expressed interest in a 5% stake in Google.

Remembering intelligence, Abel invested hundreds of millions of dollars in Google.

Perhaps this is the price Lehman Brothers had to pay to buy shares of Smith Capital.

Compared to Comcast's stock, Richard Fuld estimates that 5% of Google's stock is actually worth nothing. If the price is like this, Lehman Brothers is so lucky!

Richard Fuld did not know this at the time.

How much will this 5% of Google stock be worth in a few years?

Next, Abel asked similar questions to Philip Purcell and David Komansky.

Two affirmative answers were finally given.

Even though it's not said clearly, everyone is smart. Everyone knew what Abel meant.

Abel also knew them and knew what he meant.

That's enough.

This is one of the reasons why he chose to open Smith Capital today and is willing to let these oligarchs take a part of him.

Stocks in certain companies. This is truly something that money cannot buy.

Only through this exchange of benefits can shares be acquired.

Everyone smiled and chatted a few more words before realizing that the reception was a bit chaotic.

The Big Four and Abel looked towards the commotion.

This is the location of the elevator door, an old man with white hair and a smile on his face stepped out of the elevator. It was he who caused unrest and public opinion among the people.

And he himself is indeed qualified to cause all of this.

Because his name is Warren Buffett, the American god of stocks.

The United States has used it for more than ten years, and it is one of the new Free Lighthouse lights to be decorated internationally.

I saw Buffett just getting out of the elevator. Richard Fuld was a bit surprised:

"Huh? Didn't Warren go to Tahiti to escape the cold? Did he come back early?"

Tahiti is the largest island in the Windward Islands of French Polynesia, located in the South Pacific Ocean.

Warm seasons like spring and produce are abundant.

Locals consider themselves "God's people" and international tourists say it is "the closest thing to paradise."

Buffett likes to vacation there in the winter. That's no secret on Wall Street.

Abel was also a little surprised, because he remembered that he didn't seem to have sent an invitation to the securities market.

The main reason is that there is no friendship between the two sides and Buffett is part of Wall Street.

But he doesn't live in New York, this guy lives in his hometown all year round.

And Buffett is better at conservative value investing, which is a bit inconsistent with Wall Street's overall aggressive style. Compared to Buffett, Wall Street is more progressive.

Compared to Abel, Abel can no longer be considered radical.

He's just grumpy and playful.

The two people's investment styles are completely different.

Buffett focuses on value investing. Before that, Abel didn't even play US stocks.

The places where you cut garlic are dangerous.

The international foreign exchange market, precious metals market and futures market are also extremely lucrative.

"Ha~ What Warren likes most is value investing." Philip Purcell smiled and said:

"Perhaps in Warren's eyes, investing in Smith Capital is the most profitable investment."

Perhaps the only explanation.

On the other hand, with Buffett's status on Wall Street and no friendship with Abel. He is unlikely to appear at this kind of reception.

Everything happened quickly, as Philip Purcell said.

After appearing, Buffett just smiled and greeted people he knew at several events.

After spotting the small circle next to them, they headed straight towards them.

"Hello everyone. Good evening, oh, Mr. Smith, hello.

A gray-haired Buffett is in excellent physical and mental condition.

Like Paulson before him, a few meters away from Abel, he extended his hand first.

This scene made 99% of the guests who were actually paying attention to this side of the field a little numb.

Paulson yes, Buffett yes.

This Mr. Smith is so famous on Wall Street!

"Hello, Mr. Buffett." Abel's reaction was the same as just now, the glass of red wine in his hand was given to the waiter passing by. He shook Buffett's hand and said politely: "Welcome to my reception. Thank you very much for coming!"

"Haha~ What an investment event. How could I not come? Even if you didn't send me an invitation, Mr. Smith, I would have the courage to come!" Buffett laughed loudly.

His words surprised everyone around him. What is the appeal of this "Wolf of Wall Street"?

In fact, leave the stock god, uninvited.

You must come here to participate.

Many people know that Buffett should be in Tahiti right now.

He was vacationing there and was in the news until last week. Is this a special trip to skip the holiday, or is the holiday ending early and you need to get back for the reception tonight?

Many quick-witted people suddenly realized this.

Tonight, the reception at Smith Capital seemed very unusual.

"Ha~ It was our mistake." Abel smiled and said: "Mainly because we were too busy before.

Buffett revealed a clear expression, giving a thumbs up with his released right hand:

"I know what you're doing. It's beautiful. The profit from one investment is almost more than my profit last year and this year!"

Like other giants.

There's no news on Wall Street that Buffett can't catch.

Smith Capital's profit figure has been speculated by tycoons.

Buffett can also get raw numbers from his Big Four aides.

Abel also knew that Buffett was talking about Smith Capital making a lot of profits in the British pound market some time ago. There is virtually no secret about the company's dealings, as if everyone on Wall Street knows it.

He's not very angry.

Because that was the loophole he intentionally left out.

A way for Wall Street tycoons to see but not touch, so they know the value of Smith's capital!

This is why David Mellon suggested from the beginning that he should buy or hold shares in one or two banks.

He has no reason to do this for a long time. Yes, you have your own bank or a bank that you control.

When investing in Smith Capital, one can actually achieve a certain level of secrecy and enhanced security.

But this way, it wouldn't be difficult for the oligarchs to know Smith Capital's investment capital flow.

In this case, they would also miscalculate Smith Capital's earning rate.

At that time, there was no way for them to surround us like great white sharks smelling of blood like today. Seeing Buffett's enthusiasm, Abel was not the only one who understood that he was interested in Smith Capital.

The oligarchs around also know that Buffett will definitely join the competition.

This is clearly not good news for everyone.

Perhaps it would be good for Abel if more people joined him.

But for them, it means they may have to eat less meat and drink less soup. They feel understandably unhappy.

But that's Buffett. Even if they are unhappy, they don't have a good way to deal with it.

Buffett is now in shape.

Although it is not a corporation, it has been as influential as one. Especially when facing ordinary people, its influence is even greater than that of corporations.

When this influence is at its peak, the stock market god just needs to have lunch with someone.

The shares of this person's listed company will skyrocket.

It's not so outrageous now, after all people have started auctioning off lunch.

But for the average American, especially the average American leek. Buffett is their weather and stock market god.

Faced with a similar genre, everyone can only hold their nose and admit that they are qualified to participate.

For Abel, the more giants like Buffett get involved, the better.

There are more competitors.

When it's their turn to pay and there's competition, they'll feel better about being butchered. But Buffett and Wall Street clearly have a lot of interest in Smith Capital.

Like everyone else on the field, Ted Lener's eyes were primarily focused on this small circle.

This famous New York real estate entrepreneur is thinking about...

Farke, it would be great if labor and capital were involved too!

What's the condition, what's the face!

Ted Lener's idea is very simple.

Suddenly he heard his daughter whisper:

"Dad, look at the elevator. The people from the Texas corporation are there too."

"After last time, I didn't see Abel contacting them anymore. I thought they might have broken up, but now it seems like that's not the case."

Tedler quickly looked towards the elevator entrance and saw what his daughter had said last time.

I went to check it out myself, found the photo, and remembered John J. Brown.

John J. Brown was walking behind an old man about sixty years old. As soon as the two stepped out of the elevator, they had a clear goal and headed straight towards the small circle.

Ted Lener couldn't help but say:

"How attractive is your boyfriend?"

"Richard Fuld and them coming, I can still understand."

"Buffett is coming so I really don't understand anything."

"If someone said now that Zizton would come later, I wouldn't doubt it."

Ikana was surprised, is Zipper coming?

This is unlikely to happen.

He is about to abdicate and will attend another party in the capital at that time.

It is not very pleasant to spread. In addition, Zipperton's post-abdication will not necessarily be welcomed by these tycoons.

"Haha~"

From beside Abel, he heard the laughter of the old man in front of John J. Brown in the distance.

This old Abel knew from the last time he and Herbert played golf in Houston.

One of the many old men I know, his name is Davis Brown. Looking at this last name, we know he had a close relationship with John J. Brown.

At the same time, he is also one of the descendants of the founder of the Texas Group and is currently one of the family members behind the Texas Group.

"Mr. Smith. How can there be no Texans at the Texan reception? John just told me about it in the morning, and I'll be there in the afternoon!

Davis Brown smiled as soon as he arrived and shook Abel's hand.

Abel smiled and said: "Ha ~ Thank you for your hard work, you have come a long way." Mr. Braun.

Abel invited four major investment banks on Wall Street and of course could not help but invite John J. Brown.

Invite John J. Brown returned to speak directly to the Texas corporation.

Last time, Texas Group proactively expressed favor.

But after expressing goodwill, there was no follow-up.

Instead, Abel was the one who proactively allowed Smith Capital to cooperate with the New York branch of Texas Commerce Bank.

In just one month, Texas Commerce Bank made millions of dollars. But still no news from Texas.

Like a man, after confessing to a girl, there is no follow-up.

no meaning.

On the contrary, it was the girl who proactively turned the situation around, implicitly expressing to the boy that he could now sue me.

In the end, the boy still didn't answer, as if he was waiting for the girl to chase him. Although it is said that men chase women's middle mountains, women chase men's sons.

But Abel doesn't want to be that "woman".

This ratio may not be consistent, but it could be just as meaningful.

Because the ancients were not proactive, Abel himself was not in a hurry.

Big problem. Alexandre will choose somewhere else next time.

America is huge, but it doesn't have to be in Texas to "start".

Okay, as the "girl" of Smith Capital, she ran to the "blind date company".

Finally, the "boy" from the Texan corporation appeared worried.

Even old men like Davis Brown were there. But tonight, that old man wasn't just Davis Brown.

At the elevator entrance, someone shouted again.

Because there were a few elderly people, they got out of the elevator.

Abel's excellent eyesight allows him to see at distances of more than 30 meters.

At a glance, he noticed two old men surrounding them. One was David Rockefeller, the other was John Chris Morgan.

These two older people, probably half the people at the front desk, didn't know them.

But only the other half of those who know them must reveal their identities and names.

will know how to surprise their other half, people who don't know them from the bottom of their hearts.

Davis Brown had just shaken Abel's hand and then put it down when he saw these two people coming. The old man couldn't help but frown and looked at Abel: "Honey, you're from Texas."

Abel smiled: "But I'm also American."

Davis Brown was a little speechless.

(end of this chapter)