Chapter 214: The Magellan Fund Closed to the Public

"Not only are they tough on the outside, but they also have frequent internal conflicts. It's either one faction fighting another, or vice versa."

"I just can't understand it. We only have a dozen or so streets in our area. What's the point of fighting all the time? It's just ridiculous!"

Complaining, or rather cursing, about these Chinese gangs, the fat boss's words were endless. Especially when he thought about leaving this cursed place soon, he had no remaining concerns.

Years of suppression and grievances vented out today, leaving Carter secretly amazed.

"These kinds of organizations are like locusts after autumn, they won't last long! Instead of solving external problems, they start internal power struggles."

Carter shook his head with a wry smile. Gangs with unconventional backgrounds really couldn't be relied upon for foresight. From the perspective of an observer, Carter just found it all amusing.

The current Chinatown had not yet merged with the Italian and Puerto Rican districts, forming a vast area covering more than 40 streets. With only about a dozen streets in total now, they were still fighting among themselves.

It's no wonder that he hadn't heard of this gang in the future. Such an organization was destined not to leave a mark in history. But compared to those merciless history books, listening to the fat boss's brief description as an eyewitness, Carter could easily imagine what kind of life those Chinese people were living here.

"Let's not dwell on this. When I go back, I'll send two trucks over to help you move. It just so happens that my new company has a hundred trucks sitting idle, so don't think about saving me money, just call for the trucks yourselves!"

Carter's words made the fat boss smile awkwardly because he and his wife had originally planned to call a truck or buy a used pickup truck to move. After all, they had already signed the shop exchange agreement at noon, and they didn't need to worry about housing and shops. With the $20,000 compensation they just received, subtracting the renovation costs, buying a used pickup truck wouldn't be too much pressure.

By then, they would have a small villa, a car, and a shop to support the family. This life was the pursuit they had come across the ocean for!

"Oh, by the way, Carter, when do you plan to go back?"

After Carter finished chatting with the fat boss, Julian finally interjected.

"Probably the day after tomorrow. Tomorrow, I plan to visit Mr. Lynch to formally thank him. I just said a sentence at the banquet yesterday, and it didn't seem sincere enough. If everything goes well, I might leave tomorrow night, after all, it's already Monday."

"That's fine. If you have time, you can also visit Jim. He has already left Quantum and should have time on his hands. And he just had a falling out with a friend of ten years, so he's probably not feeling too good. Since you're about the same age, spend some time chatting with him, comforting him, or maybe plan a trip together during the summer vacation to relax."

Julian's eyes were rolling, apparently not up to any good.

"That guy still has value. Having a good relationship with him won't hurt. I'll write down his address for you later."

"Alright, I'll make a call in advance and arrange to meet him in the afternoon. I'll go to Mr. Lynch's place in the morning."

Although there was some sarcasm in Julian's "about the same age" comment, Carter still nodded sensibly. And not looking too far into the future, just for the sake of the recommendation letter from Yale, it was necessary to maintain this relationship.

This was more profitable than rushing back to class within a day!

Monday was a working day, so to visit Peter Lynch, Carter naturally had to go to the company where the Magellan Fund was located. And it wasn't until now that Carter truly understood who was behind this fund: the largest fund company on the market, Fidelity Investments.

The office building leased by Fidelity in New York appeared extremely high-end and classy. Nicole had thought that Carter's office in the Tiger building was already a dream place that ordinary people couldn't reach, but when she arrived at Fidelity, she felt shallow once again.

Entering Peter Lynch's office with a gift, Carter also felt a bit superficial.

"Lynch, I thought I would be disturbing you by coming here uninvited. Who would have thought..."

"Hahaha, didn't expect it, huh?! It's not that I'm not busy, it's just that I don't have anywhere to be busy! Please, take a seat!"

As the handsome uncle invited Carter to sit down, he personally went to make coffee.

"Since you're here, you must taste the Yirgacheffe I brewed. These beans, aside from their flavor, make the cigarette taste much smoother after drinking."

"Thank you, I'm not really into coffee. Once it's in my mouth, it's all the same. If it can improve the taste of my cigarette, maybe I'll fall in love with it!"

"Hahaha, well said! I don't like chasing after those expensive coffees either. By the way, what gift did you bring me? I think you should give it to Director Dunning. After all, I haven't done much to help, I just happened to have his contact information as he's an investor in the fund I manage."

As he shook the handle of the coffee grinder, Peter laughed and asked. This relaxed and comfortable feeling didn't seem like it was in a top investment company, but rather like a casual gathering at a family party.

"A pair of small brooches in the shape of sails, symbolizing Magellan's epic circumnavigation. It also matches your current identity, I hope you like it!"

Carter reached out and took the packaged box out of the gift bag, pushing it towards Peter. The brooches weren't expensive. In fact, it wasn't suitable to give too extravagant gifts in this kind of situation.

"Beautiful! You're thoughtful, I like these sail brooches. Just like me now, I'm just missing a helping wind."

Stopping the hand grinding the coffee beans, Peter opened the gift. After confirming that there weren't any expensive materials used on the brooches, his smile became more sincere, and he seemed very happy to receive this gift.

"Missing a helping wind? Mr. Lynch, do you have any difficulties now?"

From this sentence, and Peter Lynch's abnormal slacking state, Carter smelled something strange.

"Not really difficult, the hard days are over! As of March 31st, the report shows that our performance this year is very good, with profits exceeding fifty percent. Although we can't compare with Quantum this year, compared to the previous year, which was a 20% profit since I took over the Magellan Fund in '77, there has been considerable progress."

"At least we've gotten rid of many bad assets. If we can maintain this performance next year, Magellan can be opened to the public!"

Breaking fifty percent?!

1.5 million times 150%?

2.25 million?!

Carter marveled at how big shots were big shots. His own $1.5 million had increased by over $750,000 in just one year. Suddenly catching a key piece of information:

"Wait a minute, Mr. Lynch, are you saying you'll open it to the public next year?!"