America's Road to Wealth

Chapter 212 The most expensive luxury goods in the world

Abel didn’t know any of the things David Mellon said.

Because these are just little things.

If you're not a real Wall Street veteran, it's impossible to know.

Plus Abel knew it, just like David Mellon said.

This so-called "tradition" still has a certain positive effect.

These things are actually company culture similar to team building.

Regarding the promotion of company culture, there are also issues such as employees' sense of belonging to the company.

It can indeed play a good positive role.

In later generations, there will be so many small loan companies and small financial companies in China, and they like to play this game the most.

These small companies all like to do it in the morning before going to work.

Waste some time and have a so-called morning meeting and sing a "company song" or something like that.

Some restaurants will also conduct similar activities.

In some special fields, such as spreading sales.

He also takes this kind of thing to the extreme.

more importantly.

Abel felt that this so-called tradition could make him happy.

Then why should you object?

It's just inconsequential stuff anyway.

He also acquiesced in this approach of David Mellon and Melio.

Here comes one of Wall Street's new giants.

The "tradition" belonging to Smith Capital also appears here.

"Let's talk about the company's recruitment expansion."

Abel said to David Mellon in the office.

David Mellon nodded.

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

"Among them are eleven people from the front desk, administrative department and logistics department, seven people from the field liaison department, and the rest are all analysts and traders."

"Since January 20th."

"Through headhunting companies and independent recruitment, the current number of formal employees in the company is still 131."

"But we now have 465 more trainee employees. Counting these trainee employees, Smith Capital currently has 596 employees."

Hearing these numbers, Abel nodded.

These things.

Abel actually knew this as early as David sent him an internal email.

There are even several employees, as well as some new senior executives and department heads.

These were some employees that Abel picked out from their resumes.

"Less than six hundred people." Abel thought for a while and said:

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

David Mellon nodded, "That's true. These manpower are enough for our current business."

In fact, before this, Smith Capital’s more than 100 traders were a bit redundant.

There are more than 100 people in the company, and Abel is the only trader with trading authority.

Everyone else is a trader

Now, Abel has opened up a certain degree of trading authority.

Smith Capital, many traders with independent investment rights have appeared.

If not.

Those extra people really came here to have a casual meal.

At Abel's request.

The structure of Smith Capital has become more and more complete.

"Let's open the fourth, fifth and sixth phases of private placement." Abel said.

“However, each fund should raise no more than US$500 million.”

"Because I will not act as the manager of these funds. But I can guarantee that these funds will not suffer losses. Once losses occur, I will personally take charge."

Abel thought for a while and then added:

"As for the rules of these funds, they are almost the same as those of investment banks."

"Okay." David Mellon smiled bitterly:

"But if this is the case, these funds may not be so easy to raise."

"You know, the LPs who come for Smith Capital. In fact, they all come for you, King Smith."

"If every fund were managed by me." Abel said expressionlessly.

"Then why should I open up investment authority to you? I might as well maintain the same scale as before and let you continue to be my tools."

Hearing Abel say this, David Mellon suddenly felt tense.

But when David thought about it again, he realized that this was indeed the case.

If it were really the entire Smith Capital.

If Abel is responsible for all investments.

That doesn't require traders at all, just a small number of traders.

The company is recruiting these Wall Street elites.

There is no need for them to exist.

Thinking of this, David nodded:

"My king, you are right. Well, then it will be up to them."

Abel nodded, feeling somewhat satisfied.

Abel felt that this was the only way.

Smith Capital can become more and more formalized.

Rather than just being his tool all the time.

If Smith Capital wants to become a real Wall Street financial giant.

This kind of formalization is absolutely unavoidable and must be taken as the right path.

It's just that a talented person like him is in charge.

Smith Capital is in the process of formalization.

It doesn’t take a hundred years like Goldman Sachs to accumulate their reputation, capital, and connections.

There is no need to walk cautiously like them, for fear of making mistakes.

Smith Capital can be formalized as long as Abel is around.

You can go faster than anyone else.

And the formalized Smith Capital.

It will also be more convincing in attracting investors like Buffett.

Otherwise there is only one building each.

A company with more than 100 employees and a cash flow of 10 to 20 billion.

The market value valuation is so exaggerated.

Even if there is a gambling agreement to support it, Abel's name is there to control it.

Those consortiums will also hesitate when investing.

After chatting with David for a while, Abel asked David to go out to work.

In today's Smith Capital, David is not as free as before.

As the company's general manager, David now does more than just manage the company.

He also has to keep an eye on all investments in the entire company, including traders who can start soliciting customers on their own.

The door of Smith Capital is now open to those investors.

With Pacific Bank of Commerce as a window.

Smith Capital itself can now act as an intermediary, that is, a brokerage.

Retail investors like Abel at the beginning.

They now have the option of opening an account with Smith Capital.

Invest or purchase financial products in the market through Smith Capital, a brokerage.

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

You only need to take a certain risk, provide a certain share, and then you can enjoy the profits.

Arguably except for the size.

Smith Capital is now becoming more and more like a formal investment bank.

This is the first expansion carried out by Smith Capital in the tenth month after its establishment.

At the company in the morning.

A little early noon.

Abel had appeared in the huge clearing near Addison Bay Marina.

It also snows in New York in February.

Abel braved the light snow and came to the open space of Hudson Bay, of course not to enjoy the sea breeze.

Appearing with him was current New York City Mayor Rudy Giuliani.

and City Council Speaker Pete Vallone Sr.

"What a huge piece of land."

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

"Seven blocks away is the Empire State Building, eight blocks away is Central Park."

“You can walk to the Rockefeller Center in half an hour, and you can reach the Metropolitan Museum of Art in ten minutes by bicycle.”

"In front of it, the best tourist pier in the entire Manhattan Island can be built, and even super berths for berthing 100,000-ton cruise ships can be built."

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

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

Abel's voice echoed in the empty wilderness of Hudson Bay.

He was surrounded by hundreds of people.

Most of them are his entourage and bodyguards. There were also two other people's entourage and bodyguards.

"Mr Smith"

Old Piet Varon was a stooped man, almost ninety years old.

It’s really not easy to go out in such a cold weather in the wind and snow.

"I think if you stand for election, with your speaking skills, you will definitely be very successful in our industry."

"Ha~" Facing old Peter Vallon, he sighed at his rather bewitching words just now.

Abel said seriously:

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

These words immediately made Rudy Giuliani and Pete Vallone Sr. stare at Abel seriously.

In the United States, it is stipulated in Article 2, Section 1 of the Constitution.

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

It must also be a "natural-born U.S. citizen," that is, an American born in the United States.

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

The two old guys saw seriousness on Abel's face.

This made the two old guys' faces become serious.

Seeing the solemn look on their faces, Abel suddenly laughed:

"You're kidding. How can living in that shabby place in the White House be as comfortable as my villa? I can't keep a bunch of models or beauties there!"

"alright."

"Back to business."

Abel said:

"Rudy, old Pete. What are you thinking about? Do you want to come forward and let us solve the troubles in the best hot land in Manhattan in front of us?"

The last time the two of them showed up, they participated in the Christmas Eve show in Elizabeth's back garden.

Abel mentioned the Deson Bay City Plaza project to them in front of the two people in front of him.

At that time, the two old guys didn't give any reply.

Later Abel chased them again.

The two of them said separately, giving them some time to think about it.

A month has passed, and Abel asked them out again this time.

I just want to see how the two of them are thinking about it.

Feeling the energetic and enterprising look of young Abel.

Rudy Giuliani only felt that there was a strong aura of twilight between him and Old Pete.

Rudy looked at old Pete and found that his old partner was also looking at him.

Rudy knew that this was his old partner's intention to respond on his own.

In the cold wind, the mayor exhaled softly.

"call"

This breath of air formed a white mist in front of Rudy's eyes and floated up into the sky.

This made Rudy feel that it was not just the carbon dioxide and water in his body that drifted away.

It also takes away one's own age and spirit.

"We are old." Rudy Giuliani looked at Abel with dim pupils.

"Dear Abel. Old Pete and I are getting old. We have no energy left."

Rudy Giuliani’s somewhat old-fashioned answer.

Without him having to speak too clearly, Abel already understood what the two New York bosses meant.

They don't want to insert.

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

It's just that the big mouthful of air he exhaled turned into white mist in the cold wind, which was much thicker than Rudy's.

Young people have strong firepower and young people have strong vitality.

Abel was not discouraged. He had thought of this possibility before coming.

"Okay." Abel said softly:

"So be it. Rudy, old Pete, I wish you a happy old age."

"goodbye!"

After waving to the two old men, Abel turned around and left expressionlessly.

Wait until he is gone.

Behind old Pete Vallon, a white man about fifty years old couldn't help but whisper:

"How dare he, how dare he do this?! Standing here are the Mayor of New York and the Speaker of the New York Assembly!"

The name of the person who spoke was Pete Vallon.

That's right, the son of old Pete Vallone.

One of the New York City Council members, Old Pete Vallone, was one of the Speaker's minions.

Americans don't talk about promoting good people and avoiding relatives. What Americans pay attention to is promoting good people and not avoiding relatives.

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

Father and son commanders, grandfather and grandson commanders can all appear.

What do father and son council members mean?

Looking at his angry son, Old Pete Vallon felt a little disappointed.

Rudy Giuliani whispered to Pete Vallone:

"Of course he dares. He is half a Bush family member. He has such a good relationship with Bloomberg. He even has a good relationship with Rockefeller and Morgan. He himself is a Wall Street tycoon."

"And what about us? Dear little Pete. My health is failing. Your father's health is failing too. We won't survive this year's New York election."

"We're done. Little Pete, and he's in his prime."

"But...but" little Peter Vallon was at a loss for words.

It’s not like little Pete Vallon didn’t understand this.

If you don’t understand, Abel was like that just now.

Little Pete Vallon had already jumped out and shouted a rebuke.

The son of Pete Vallone Sr. just doesn't want to admit that his father and Rudy Giuliani are old.

"Hey~"

Old Peter Vallon sighed:

"That's it. Go step by step and finish this last period. You young people can handle the rest on your own."

After saying that, he ignored his son's disappointed eyes, turned around and left in the cold wind.

Rudy Giuliani shook his head, walked with old steps, and left with his old friend.

"Madefak!"

Manhattan.

In a warm pizza place.

Abel's curse came out.

I saw a pizza shop with no extra customers.

Abel said unhappily to Bloomberg opposite:

"They don't want to. These remnants of the old era don't dare to get on our tanks."

"This is so normal." Bloomberg said with a smile:

"They can't trust you. They're worried about me picking their peaches."

Abel shrugged. He suddenly stood up and shouted to the shop owner not far behind Bloomberg:

"Old Charlie! Is my chicken pizza ready? I'm starving, please serve it quickly!"

Owner and chef of Charlie Brown's Pizza.

Old Charlie muttered: "Madefak! My nap is ruined again!"

"It's almost ready! Do you think a delicious chicken pizza can be that fast? If it can be that fast, it's just fast food!" Old Charlie responded loudly.

"Hey~Pizza is meant to be fast food. Your pizza is not fast food!" Abel shouted.

Old Charlie said angrily: "It's just different!"

Seeing that the old man was so angry, Abel laughed and sat down.

He said to Bloomberg, who was visiting Charlie Brown's Pizza for the first time:

"That's what this old guy is like. I'm too familiar with him."

Bloomberg looked weird.

The founder of Bloomberg saw a slightly funny scene in Abel for the first time.

Bloomberg could only smile back.

Then Abel spoke.

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

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

"."

"After I have a little bit of money, I will still come here to eat once or twice a week."

“Not only to taste the food, but also to tell myself.”

At this time, old Charlie came over with a large plate of chicken pizza.

Old Charlie, who put the chicken pizza on the table and interrupted Abel's voice, said to Bloomberg:

"Guest, don't listen to his bragging. Our Mr. Smith will say this to every guest he brings here."

"At the beginning, he said he brought $70,000."

"Then it became ten thousand dollars, then it became seven thousand dollars, and then it became seven hundred dollars. Then, good guy, there was only seventy dollars left!"

"Faster than being robbed by Nibby!"

Noticed that there were black members of the bodyguard group in the restaurant.

Old Charlie changed his tune.

Old Charlie also wanted to say that Abel had already stood up and pushed him away.

"Go back to your kitchen. The pizza has arrived. You are no longer needed here."

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

"Ha~"

Abel sat down with a smile, "Old Charlie has always been like this, he loves to tear other people down."

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

"When I had my first million. I still had some real friends."

"By the time I have my first 100 million, I won't have a true friend anymore."

"And you, Mr. Smith. You're very lucky. You have incredible wealth, but apparently you have a friend in this pizza place."