Chapter 210

Chapter 210: The most expensive luxury in the world

David Mellon said these things, Abel did not know.

Because those are just the little things.

It's not a true classic Wall Street donut and it's impossible to tell.

Abel knew that too, as David Mellon said.

This so-called "tradition" still has some positive effects. These are essentially a corporate culture similar to team building.

To promote corporate culture, there are also issues such as employees' awareness of the company.

This can actually play a positive role.

In later China there are many small loan companies and small finance companies, and they like to play this game the most.

These small businesses like to go to work in the morning. Waste some time and have a morning meeting and sing a "company song" or something.

Some restaurants will host similar events.

In some specific areas, such as pin transfer.

This kind of thing has been taken to the extreme.

most important. Abel felt that this so-called tradition could bring him a feeling of refreshment.

So why do you oppose it?

Anyway, these are just insignificant things.

He also adopted the approach of David Mellon and Melio.

This is one of the new giants of Wall Street. belongs to the "tradition" of Smith Capital, and also appears here.

"Let's talk about increasing enrollment in the company."

At the office, Abel told David Mellon.

David Mellon nodded.

"Before January 20, Smith Capital had a total of 131 employees."

"Among them, there are eleven people in the reception and logistics department of the administrative department, seven people in the field liaison department, and the rest are all analysts and traders."

"Since January 20."

"Through headhunters and self-recruitment, the company now has 131 full-time employees."

"But now we have an additional 465 interns. Including these interns, Smith Capital now has 596 employees.

Hearing these numbers, Abel nodded.

These things.

Abel learned of this in an internal email David sent him.

There are even some new employees and some senior department heads.

There are still a number of employees whom Abel selected from his CV. "Less than 600 people." Abel thought for a moment then said:

"That's enough for now. A little more and the Smith Building will start to get crowded."

David Mellon nodded: "Indeed. For our current operation, these people are enough."

In fact, before that, Smith Capital's 100-plus traders were somewhat redundant.

The company has more than 100 people and only Abel is a trader with trading authority.

Everyone is a businessman

Currently, Abel has opened up a certain level of business authority. Smith Capital, many traders with independent investment rights have appeared.

If not.

The extras are really there to eat.

At Abel's request.

Smith Capital's structure is becoming more and more perfect. "Let's open the fourth, fifth and sixth phase of the private placement." Abel said.

"However, each fund cannot mobilize more than 500 million USD."

"Because I will not be the manager of these funds. But I can guarantee that these funds will not suffer losses. Once losses occur, I will act on my own."

Abel thought for a moment then added:

"In terms of the regulations of these funds, they are almost identical to those of investment banks."

"Alright." David Mellon said with a wry smile:

"But if that's the case, that money may not be so easy to raise."

"You know, the LPs are for Smith Capital. In fact, they're all here for you, King Smith."

"If every fund was managed by me." Abel was expressionless. "So why do I still open up my investment power to you? I can maintain the previous scale and let you continue to be my tool."

Hearing what Abel said, David Mellon's mood suddenly became tense.

But David thought about it and discovered that this was actually the case.

If that is true, the entire Smith Capital will experience ups and downs.

If Abel is responsible for all investments. In this case there is no need for traders, just a few traders.

Wall Street elites persuaded the company to expand hiring.

They don't need to exist.

Thinking of this, David nodded:

"My king, you're right. Then it's up to them."

Abel nodded, now he was somewhat satisfied. Abel thought it was the only way.

Smith Capital may be becoming more and more formal.

Instead of always being your own tool.

Smith Capital wants to become a true financial giant on Wall Street.

This type of regularization is absolutely inevitable and must be followed. Just need someone as talented as him to be in charge.

Smith Capital is in the process of formalization.

They don't have to spend hundreds of years to accumulate reputation, capital and relationships like Goldman Sachs.

There is no need to move carefully like them for fear of making mistakes.

Formalize Smith Capital, as long as Abel is there. You can walk faster than anyone else.

And Smith Capital has normalized.

Attracting investors like Buffett would also be more convincing.

Otherwise we just have one building.

More than 100 employees, a company with a cash flow of 10 to 20 billion VND. Stock market valuations are too exaggerated.

While it is backed by the VAM deal, it is backed by Abel's name.

These corporations will also be reluctant to invest.

After talking with David for a while, Abel invited David to work.

At Smith Capital today, David is no longer as free as before. As CEO of the company, David now has to do more than just manage the business.

He must also keep track of all the investments of the entire company, including those of merchants who may have started attracting customers on their own.

Smith Capital's doors are now open to these investors.

There is a window called Pacific Bank of Commerce.

Smith Capital itself could have acted as an intermediary, that is, a broker. A retail investor similar to the original Abel.

They now have the option to open an account with Smith Capital.

Thanks to Smith Capital, a brokerage company that invests or purchases financial products on the market.

They can also choose to purchase Smith Capital's financial products directly.

You just need to accept a certain risk, provide a certain share and then enjoy the profits. Except for the scale, you might say.

Smith Capital now looks more and more like a classic investment bank.

This is Smith Capital's first expansion in the 10th month since its establishment.

At work in the morning.

A little before noon. Abel appeared in the open space near the Addison Bay dock.

In February in New York, it will also snow.

Abel braved the light snowfall and went to the wide open spaces of Hudson Bay, of course not to enjoy the sea breeze.

Appeared with him and the current mayor of New York, Rudy Giuliani.

and City Council President Pete Wallon. "What a big piece of land."

"It's right in the heart of Manhattan."

"The Empire State Building is seven blocks away and Central Park is eight blocks away."

"It's a half-hour walk to Rockefeller Center and in ten minutes by bike you can get to the Metropolitan Museum."

"Ahead it could build the best cruise ship terminal on the entire island of Manhattan, maybe even build a super-sized terminal for 100,000-ton cruise ships."

"Such a warm land has been abandoned here because too many people want to enjoy it."

"If New York could be humanized. I think our New York mothers would be very disappointed in us, her children."

Abel's voice echoed across the desolate desert of Hudson Bay.

There were hundreds of people around him.

Most people are his entourage and bodyguards. There is an entourage and bodyguards for two others. "Mr. Smith"

Old man Pete Wallon is hunched over, he is almost ninety years old.

It's really not easy to go out on such a cold day despite the wind and snow.

"I think if you run for office. With your ability to speak, you will definitely be able to succeed in our industry."

"Ha~" Facing old Pete Wallon, he was touched by his haunting words just now.

Abel said seriously:

"Dear Pete, when I am thirty-five, I will definitely stand up and speak for everyone."

This statement immediately made Rudy Giuliani and old Pete Wallon look seriously at Abel. In the United States, this is stipulated in the first paragraph of Article II of the Constitution.

The US Commander-in-Chief must be at least 35 years old and have lived in the United States for more than 14 years.

must also be a "natural born citizen of the United States," meaning an American born in the United States.

Except for being 35 years old, Abel meets all the conditions.

The two old men saw Abel's serious expression. This made the two old men's expressions turn serious.

Seeing their serious expressions, Abel suddenly burst out laughing:

"Just kidding. Isn't the ruins of the White House as comfortable as my mansion? I can't live there and raise a large group of models or beauties!"

"Alright."

"Back to business."

Abel said:

"Rudy, old Pete. What do you think? Will you stand up and let us solve the problem of Manhattan's highest quality land? »

The last time the two of them took part in Elizabeth's back garden was during the Christmas Eve pageant.

Abel mentioned the Dexun Bay City Plaza project in front of them.

At this time, the two old men did not react.

Then Abel pursued them again.

The two talked privately, giving them time to think. A month passed, this time Abel invited them again.

I just wanted to see what those two thought.

Feel the energetic and aggressive appearance of young man Abel.

Rudy Giuliani just feels that he and old Pete are both old people.

Rudy looked at old Pete and realized that his old partner was also looking at him. Rudy knew it was his old partner so he wanted to answer for himself.

Amid the cold wind, the mayor breathed out softly.

"call"

The air formed a white mist before Rudy's eyes and it floated in the sky.

This made Rudy feel as if more than just the carbon dioxide and water in his body had been washed away.

It also took away his age and spirit. "We are old." Rudy Giuliani looked at Abel with dark eyes.

"Dear Abe. Old Pete and I are old. We're running out of energy."

Outdated answer by Rudy Giuliani.

Without him saying it too clearly, Abel understood what the two big men in New York meant. They don't want to insert.

This time it was Abel's turn to take a deep breath.

He spit out just a big gulp of air, the white mist turned into a cold wind that was much thicker than Rudy's.

Youth has strong firepower and fierce vitality.

Abel was not discouraged, he had thought of this possibility before coming. "Alright." Abel said gently:

"That's it. Rudy, old Pete, have a good time."

"Goodbye!"

Waving goodbye to the two old men, Abel turned and left without any expression.

Wait for me to walk away

Behind old Pete Wallon, a white man about fifty years old could not help but mutter:

"How dare he, how dare he do that?! Standing here is the Mayor of New York and the Chairman of the New York Assembly!"

The speaker's name is Pete Wallon.

That's right, Pete Wallon Sr.'s son.

One of the New York City Council members, one of the young men headed by old Pete Wallon, the president. Americans don't talk about promoting virtue and staying away from loved ones. What Americans pay attention to is promoting virtue without avoiding loved ones.

The closer the relationship, the more we want everyone to play together.

Father and son commanders as well as grandfather and grandson commanders can appear.

The father and son of the congressman are nothing. Looking at his angry son, old Pete Wallon felt a bit disappointed.

Rudy Giuliani whispered to Pete Wallon:

"Of course he dares. He's half of the Bush family. He has a very good relationship with Bloomberg. He even has a good relationship with Rockefeller and Morgan. He himself is a Wall Street giant."

"What about us? Dear little Pete. Your health is deteriorating. Your father's health is deteriorating. We won't survive this year's election in New York."

"Dead. Little Pete, and he's hot."

"But. But" Pete Wallon Jr. a bit speechless.

Not Pete Wallon Jr. don't understand that.

If you don't understand, just like Abel.

Pete Wallon Jr. had rushed in and reprimanded him long ago. Pete Wallon's son, he just doesn't want to admit that his father and Rudy Giuliani are old.

"Hey~"

Old Pete Wallon sighed:

"That's it. Step by step, complete this final stage. For the future, you young people can leave on your own."

Having finished speaking, he did not pay attention to his son's disappointed eyes, turned around and left in the cold wind.

Rudy Giuliani shook his head and walked with his old friend to the ancient pace of life. "Crazy!" »

Manhattan City.

In a cozy pizzeria.

Abel's reprimand rang out.

I see a pizzeria that doesn't have any more customers.

Abel sadly told Bloomberg across the street:

"They do not want. These ancient vestiges do not dare to ride on our chariot. »

"It's very normal." Bloomberg said with a smile:

"They don't trust you, they're worried about me picking peaches for them."

Abel shrugged, suddenly stood up and shouted to the trader not far behind Bloomberg:

"Old Charlie! Is my chicken pizza ready? I'm so hungry, hurry up!"

Owner and chef of Charlie Brown Pizzeria.

Old Charlie muttered, "Madfak!" My nap is over again!

"It's almost done! Do you think delicious chicken pizza can be that fast? It can be that fast, it's fast food!" Old Charlie answered loudly.

"Hey~ Pizza is the origin of fast food. Your pizza doesn't look like fast food!", Abel shouted.

Old Charlie was very angry: "It's just different!"

Seeing that the old man seemed interested, Abel smiled and sat down.

He told Bloomberg, who went to Charlie Brown for the first time:

"That's what that old man is like, I know him too well."

Bloomberg has a strange expression.

Bloomberg founder first saw a somewhat humorous scene at Abel's house.

Bloomberg just smiled in response. Then Abel spoke.

".When I came to New York, my first meal was here."

"At that time I was a poor man, with only seventy dollars on me. »

"."

"When I have a little money. I will still eat here once or twice a week.

"Both to taste the food and to tell me about it."

At that moment, old Charlie arrived with a large plate of chicken pizza.

Putting the chicken pizza on the table, old man Charlie interrupted Abel and told Bloomberg:

"Guest, don't listen to his boasting. Our Mr. Smith, he will say that to any guest he brings here."

"At first he said he had $70,000 with him."

"Then it became $10,000, then $7,000 and finally $700. Then, good guy, only $70 left!"

"It's faster than being robbed by someone!"

I noticed there were black members of the bodyguard group in the restaurant.

Old Charlie corrected himself.

Old Charlie also said Abel stood up and pushed him away.

"Go downstairs, return to the kitchen, the pizza has arrived, we don't need you here anymore."

"Huh~" The old man pretended to be dissatisfied and happily left.

"Ha~"

Abel smiled and sat down, "Old Charlie has always been like that, likes to tear people apart."

"I think it's quite interesting." Bloomberg suddenly smiled and said:

"When I got my first million. I still have real friends."

"When I got my first billion, I didn't have any real friends anymore."

"And you, Mr. Smith. You're lucky. You have incredible assets, but in this pizzeria, you clearly have a friend."

Abel was very surprised.

He suddenly felt that what Bloomberg said made sense. I really feel like it's precisely because old Charlie never colored.

Different from those who easily give in to their money and power.

Including their wives.

It especially makes me want to show off to old Charlie.

I especially like to eat chicken pizza made by the old man. Otherwise he has never tasted any delicious food?

How could I never forget America's most popular fast food dish?

"Alright."

Abel smiled:

"You're right. Yes, for people like us, friends are the greatest luxury."

Bloomberg smiled.

"Alright." Abel's tone became softer. "Now let us two capitalists talk about how to get the most valuable land in New York."

(end of this chapter)