America's Road to Wealth

Chapter 165 Alligators gather in Smith

Abel has no psychological burden on selling part of Smith Capital's shares.

In his view, Smith Capital is not an irreplaceable company.

In this company, he himself is the irreplaceable one.

Only with yourself can Smith Capital have value.

Smith Capital can often be found, but Abe Smith, who has super "talent", is really rare.

Rather than wanting to invest in Smith Capital, these people mainly wanted to invest in him.

What's more, until now, the properties under his name have basically nothing to do with Smith Capital.

Every time he made an acquisition, he also established a company.

The funds used were withdrawn from Smith Capital.

But what he controls is the other three companies and himself.

among three companies.

One is Smith Holdings in Ireland.

One is Emily Investments registered in the Cayman Islands.

Another company is Alexander Capital registered in Bermuda.

In addition to Abel's investments in the capital market, these three companies hold shares jointly with him personally.

The approximate ratio is adjusted according to the industry, time, or his mood.

Like ab smith entertainment.

There are three offshore companies, each holding 30% of the shares, and he personally holds another 10% of the shares.

Smith Capital is just his tool for making money and cutting leeks.

If you can use this money-making tool, you can get those benefits.

So why not?

Of course.

The giants are not stupid either.

If they really want to invest in it then, they will have to agree to some of Abel's requirements.

There will also be certain restrictions.

For example, they may require Abel to be bound to the company, or they may have requirements for the company's performance.

If you fail to meet the requirements, you must pay compensation or withdraw your shares.

It's like a gambling agreement.

This is also normal.

Otherwise, they would not be able to spend large sums of money or use valuable shares to invest in Smith Capital.

The current situation is that Paulson, the president of Goldman Sachs, is chatting with Richard Fuld.

Then in addition to the three, David Komanski and Philip Purcell squeezed in.

This Philip Purcell has a passable Chinese name for Huaxia.

His name is Pei Xiliang, and he is also a famous American financial figure who often goes to China.

The addition of Philip and David did not change anything.

They are the same as Paulson who was one step ahead of them.

Soon, Abel received the same news as Richard Fuld.

That is tonight, Smith Capital will announce the opening of the first round of financing.

Everyone knows that Smith Capital has no shortage of funds, and its profits are exaggerated.

If it wants to raise funds, it most likely won’t be money.

It could only be some stock that's more valuable than money, or something like that.

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

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

Smart money trees will be willing to be their money trees because they are afraid of their power.

I won’t think about something all day long.

Richard Fuld's character is as direct as ever.

In parallel time and space, this man saved Lehman Brothers from bankruptcy twice.

At the same time, it was his insistence that sent Lehman Brothers to 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 approximate figure for Smith Capital's valuation?"

His question immediately caused the other three giants to pause their conversation.

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

It is also one of the issues that four of the five people present are most concerned about.

Approximately how much does it cost to get a ticket.

Isn't this issue worthy of concern?

Abel smiled and said, "This issue will be announced later."

The Big Four were naturally not satisfied with Abel's answer.

But thinking that I would find out later, I was not so anxious.

At this time Abel suddenly said:

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

The smile on Paulson's face froze for a moment, and then the bald old white man responded quickly: "That's right. To be precise, this number is 6.63%."

Abel smiled, and the Big Four saw his smile.

It was immediately clear that this guy was interested in the Comcast stocks held by Goldman Sachs.

Well, having said that, who in the United States is not interested in Comcast stock?

Then Abel immediately said to Richard Fuld:

"Mr. Fuld, is it true that Lehman Brothers owns 5% of Google's pledged shares?"

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

Giants like them all hold or own shares in hundreds of financial subsidiaries.

"Of course~" Richard Fuld said with a smile.

This also made Richard Fuld understand.

Abel is saying that he is interested in 5% of Google's stock.

Reminiscent of the intelligence, Abel has invested hundreds of millions of dollars in Google.

Presumably this should be the price Lehman Brothers must pay if they want to invest in Smith Capital.

Compared with Comcast's shares, Richard Fuld feels that 5% of Google's shares are nothing.

If the price is this, then Lehman Brothers will be very lucky!

Richard Fuld didn't know this at this time.

How valuable will these 5% of Google stock be in a few years?

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

The latter two also received a positive answer.

Although it is not stated explicitly, everyone is smart.

Everyone knew what Abel meant.

Abel also knew them and understood what he meant.

that's enough.

This is one of the reasons why he chose to open up Smith Capital today and is willing to let these oligarchs get a piece of his pie.

Shares in certain companies.

It’s really the kind that even money can’t buy.

Only through this exchange of interests can we get the shares.

Everyone smiled and chatted for a few more words, and then they noticed a slight commotion at the reception.

The Big Four and Abel looked in the direction of the commotion.

At the entrance of the elevator, an old man with silver hair and a smile on his face was walking out of the elevator.

It was he who caused the commotion and public opinion among the people.

And he himself is indeed qualified to cause all this.

Because his name is Warren Buffett, the American stock god.

It has taken the United States more than ten years to decorate the world as one of the new beacons of freedom.

I saw Buffett who had just walked out at the elevator entrance.

Richard Fuld was a little surprised and said:

"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.

It is warm as spring all year round and rich in products.

Residents call themselves "God's people," and international tourists consider it "the closest thing to heaven."

Buffett likes to vacation there in the winter.

It's no secret on Wall Street.

Abel was also a little surprised, because he remembered that he did not seem to have sent an invitation letter to the stock god.

The main reason is that there is no friendship between the two parties, and Buffett is a member of Wall Street.

But he's not based in New York, this guy lives in his hometown all year round.

Moreover, Buffett is better at prudent value investing, which is somewhat inconsistent with the overall aggressive style of Wall Street.

Compared with Buffett, Wall Street has become more radical.

Compared with Abel, Abel can no longer be said to be radical.

He's just hot-tempered and a gambler.

The investment styles of the two are even more completely different.

Buffett only plays value investing. Before Abel, he didn’t even play much in the U.S. stock market.

The places where he cuts leeks are extremely risky.

Profits are also extremely high in the international foreign exchange market, precious metals market, and futures market.

"Ha~ Warren's favorite thing to do is value investing." Philip Purcell said with a smile:

"Perhaps in Warren's eyes, investing in Smith Capital is the best value investment."

This is probably the only explanation.

Otherwise, given Buffett's status on Wall Street and his lack of friendship with Abel.

It is unlikely to appear at this kind of cocktail party.

Things soon went as Philip Purcell said.

After Buffett showed up, he just smiled and said hello to a few people he knew at the cocktail party.

After discovering their small circle, they walked over directly.

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

Buffett has silver hair, but is in excellent mental and physical condition.

Just like Paulson just now, he reached out in advance while being a few meters away from Abel.

This scene made 99% of the guests who were actually paying attention feel a little numb.

Paulson is like this, Buffett is like this.

This Mr. Smith is so popular on Wall Street!

"Hello, Mr. Buffett." Abel had the same reaction as before. The red wine glass in his hand had already been handed over to the passing waiter.

He held Buffett's hands tightly and said politely: "Welcome to my cocktail party. Thank you very much for coming!"

"Haha~ Such an investment event. How could I not show up? Even if you didn't send me an invitation, Mr. Smith, I would still come shamelessly!" Buffett said with a laugh.

His words surprised everyone around him.

What exactly is the charm of this "Wolf of Wall Street"?

He actually let the stock god do it without being invited.

You also have to come all the way to participate.

Many people know that Buffett should be in the Tahiti Islands at this time.

He went there on vacation and it was in the news until last week.

Is this a special trip to give up the vacation, or is it ending the vacation early and rushing back to attend the cocktail party tonight?

Many people with sharp minds suddenly realized it.

Tonight, Smith Capital’s cocktail party may seem unusual.

"Ha~ This is our negligence." Abel smiled: "The main reason is that we were too busy some time ago."

Buffett showed a clear expression, and gave Abel a thumbs up with his right hand that he had released:

"I know what you are doing. You did a great job. The profit from just one investment is almost more than the profit I made last year plus this year!"

Like other giants.

There is no news on Wall Street that Buffett cannot catch.

The profit figures for Smith Capital speculated by the giants.

Buffett can also get a ballpark figure through his people on his side of the Big Four.

Abel also knew that Buffett was talking about the fact that Smith Capital had made a lot of profits in the pound-based currency exchange some time ago.

There's little to no secrecy surrounding the company's dealings, and it seems like everyone on Wall Street knows about it.

He wasn't very angry.

Because this was the hole he left intentionally.

A way for Wall Street oligarchs to know the value of Smith Capital that they can see but cannot touch!

This is why David Mellon actually suggested to him to acquire or invest in one or two banks very early on.

But there was no reason why he hadn't taken action yet.

That's right, you have your own bank, or a bank you control.

When investing with Smith Capital, you can indeed achieve a certain degree of confidentiality and enhance confidentiality.

But that would make it difficult for the oligarchs to know the flow of Smith Capital's investment funds.

As a result, they will also make miscalculations about the speed at which Smith Capital makes money.

Then there is no way for them to surround us like great white sharks smelling blood like they did today.

Looking at Buffett's enthusiastic look, Abel was not the only one to understand that he was interested in Smith Capital.

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

This is obviously not good news for everyone.

It may be a good thing for Abel that multiple people join.

But for them, it means that they may have to eat less meat and drink less soup.

Naturally they were unhappy.

But this is Buffett, and even if they are dissatisfied, they have no good way to deal with it.

The current Buffett has already taken shape.

Although it is not a consortium, it already has an influence that is no less than that of a consortium.

Especially when facing ordinary people, his influence is greater than that of the consortium.

When this influence is at its peak, all the stock guru needs is to have lunch with someone.

Then the stocks of this person's listed company will skyrocket.

It's not that exaggerated now, after all, people have started auctioning lunches.

But for ordinary Americans, especially ordinary American leeks.

Buffett is their weathervane and their stock god.

Facing such similar people, everyone can only hold their noses and admit that he has the qualifications to join.

For Abel, the more giants like Buffett who intervene, the better.

There are many competitors.

When it's their turn to pay, and there are competitors, it would be more refreshing to let them cut the flesh.

But there is obviously more than one Buffett and Wall Street interested in Smith Capital.

Like everyone else on the court, Ted Lena's eyes are basically in that small circle.

What this famous real estate businessman in New York is thinking about at the moment is——

Farke, if only labor and management were there too!

What a status and face!

Ted Lerner's ideas are so simple.

Suddenly he heard his daughter whisper:

"Dad, look over there at the elevator. People from the Texas Consortium are here too."

"After the last time, I didn't see Abel contact them again. I thought they might have broken down, but now it seems that is obviously not the case."

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

John J. Brown, who went out of his way to look it up, found the photo and remembered it.

John J. Brown was walking behind an old guy about sixty years old.

As soon as the two people came out of the elevator, they had a clear goal and walked directly to the small circle.

Ted Lerner couldn't help but say:

"What exactly is so attractive about your little boyfriend?"

"Richard Fuld and the others will come, I can still understand."

"If Buffett comes, then I really don't understand it at all."

"If someone told me now that Zipperton is coming soon, then I wouldn't doubt it."

Ikana was startled. Will Zipperton come?

It's probably unlikely.

He is about to abdicate and will attend a capital gathering at this time.

It doesn't sound good when it's spread out.

Moreover, Zipperton will not necessarily be welcomed by these financial oligarchs after abdicating.

"Haha~"

On Abel's side, he could hear the laughter of the old man in front of John J. Brown from a long way away.

Abel knew this old man 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 surname, you know that it is closely related to John J. Brown.

At the same time, he is also one of the descendants of the founder of the Texas Consortium, and a member of the family that is now behind the Texas Consortium.

"Mr. Smith. How can a Texan's drinking party be complete without a Texan? John only told me about this in the morning, and I rushed over right away in the afternoon!"

Davis Brown laughed as he came over and shook Abel's hand.

Abel smiled and said: "Ha~ thank you for your hard work, you came all the way. Mr. Brown."

Alberto invited the four major investment banks on Wall Street, and of course it was impossible not to invite John J. Brown.

Inviting John J. Brown was equivalent to telling the Texas consortium directly.

Last time, the Texas Consortium took the initiative to show their favor to him.

But after expressing his goodwill, there was no follow-up action at all.

On the contrary, it was Abel who took the initiative and allowed Smith Capital to have many cooperations with the New York branch of Texas Commerce Bank.

In just one month, Texas Commerce Bank made millions of dollars.

But there is still no news from Texas.

It's like a man who confesses his love to a girl and then doesn't do anything afterward.

Nothing expressed.

Instead, the girl took the initiative and conveyed to the boy in a subtle way that you can chase me.

As a result, the boy still didn't respond, as if he was waiting for the girl to take the initiative to chase him.

Although it is said that men chase women through the mountains, women chase men through the veil.

But Abel just didn’t want to be this “female”.

This ratio may not be appropriate, but that's what it means.

Since the old guys didn't take the initiative, Abel himself wasn't in a hurry.

No big deal. Alexander will choose a different place next time.

The United States is so big, but it doesn’t necessarily have to be in Texas.

Well, when the "girl" of Smith Capital went to the "dating agency".

The "boy" of the Texas Consortium finally became anxious.

Even old guys like Davis Brown came.

But tonight, Davis Brown is not the only old guy here.

At the elevator entrance, another person exclaimed.

Because a few old guys came out of the elevator.

Abel's excellent eyesight allowed him to see from a distance of more than thirty meters.

The two old men surrounded by him were recognized at a glance.

One was David Rockefeller and the other was John Chris Morgan.

These two old men, maybe half of the people at the reception didn't recognize them.

But it only requires the other half of the people who know them to tell their identities and names.

It can make the other half of the people who don't know them feel surprised from the bottom of their hearts.

Davis Brown, who had just shaken hands with Abel, also saw the arrival of these two people.

The old guy couldn't help but frown, and he looked at Abel: "My dear, you are a Texan."

Abel smiled: "But I am also an American."

Davis Brown was speechless.

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