Chapter 118 Big bargain hunting (first update, please subscribe)
For Buffett who is far away in the United States, he has no idea what happened in South America.

After leaving Nanhua, he took the "Flying Cloud" and went straight to Atlanta. Washington's so-called "blockade" was a joke. The most urgent need for supplies, after knocking on the gate of Richmond with gunpowder.The "Free Trade Company" represented by Buffett has received large orders for everything from military uniforms to cans, from gunpowder to rifles.

Of course, the confederation will not pay much deposit, they just provide a "purchasing intention".After all, it was clear to all that the deal was premised on them bringing the goods into Confederate ports.Otherwise everything is empty talk.

While approaching Confederate officials in Richmond, Buffett also successfully completed another of his missions—contacting the Southern Baptist Convention and getting them to agree to send missionaries to South China, all of whom were Southern Baptists. The missionaries trained by Xinhui for missionary work in China can not only speak Chinese, but also write Chinese characters.

Zhu Xianhai needs a teacher who is proficient in Chinese and English, a missionary... he has no choice but to do it.In this era, apart from the church, who can provide teachers who understand Chinese?There are even special Chinese majors in the colleges of the Southern Baptist Church. Who else can we look for besides them?

After leaving Atlanta, Buffett did not follow the "Flying Cloud" to return to Nanhua immediately, but went north to New York directly.

As a businessman, he was not worried about being arrested by the North for smuggling. After all, even in New York, many people were involved in smuggling to the South.

It is only the nature of a businessman to betray the country and seek wealth.

After taking a break in New York and signing several machine purchase contracts, Buffett began to prepare for another big event he had to do.

"Cyrus West Field, Atlantic Telegraph Company, I really don't know why Steven took a fancy to this bankrupt company."

"Sir, the Atlantic Telegraph Company is not bankrupt!"

As the most well-known stockbroker on Wall Street, Angelfield certainly knew about that "notorious" company.

"A few years ago, when the Atlantic cable broke and sank into the Atlantic Ocean, its stock plummeted. Now its market value is only worth..."

Taking out a piece of paper to calculate, Angoffel said with a smile.

"About $[-]. However, there are only $[-] of shares currently in circulation in the market, and there are still $[-] worth of stocks under the name of Mr. Field. Mr...."

Once again, Angoffey said in an extremely serious tone.

"Even though it's a time of war, there's still plenty worth investing in in America, Atlantic Telegraph? Believe me, it's just a scam, a scam the whole world knows about. Mr. Field is ruined. Why waste your money? ?”

Regarding Angfei's reminder, Buffy shrugged his shoulders and said directly.

"Fortunately, I'm not short of money."

This trip to the South brought in almost a million dollars, enough to buy the Atlantic Telegraph Company.

However, he was full of doubts in his heart. Does this almost bankrupt company really have unlimited potential as Steven said?
Will this kind of bottom-hunting lose all of his belongings?

Stud is a kind of wisdom, but copying samples is also a kind of wisdom.Stud can break the bank.Super can also make people jump off the building.

After so many years in the exchange, Buffett really dare not bet.At least now he doesn't dare to do as much as in the past, after all, he has learned a lesson.

But the problem is that his guardian angel wants to gamble, and this time he gambles big.

……

John Pierpont Morgan was proud!
For him, this war, which has been going on for half a year, is simply a good opportunity to make money.A few months ago, when the war broke out, he immediately bought a batch of scrapped old-fashioned rifles in the armory of the War Department in Washington.

Morgan then approached General John Fremont, offering to sell him 22 rifles for $5000 each.Fremont, who was short of weapons, bought these weapons when he was hungry.In order to meet the opponent's requirements for the caliber, Morgan did a very "financial" thing, grinding the original .50 caliber rifles into .52 caliber, but this may explode the chamber.

But what did it matter to him?

He has earned $11.As for the unreliable performance of these rifles, which often exploded and were sold by the army as scrap metal at a price of $3.50 each, he had nothing to do with it.

Right now, the most important thing is to use this war to make as much money as possible. After all, opportunities like this where gold is everywhere are really rare.

"Morgan, have you heard?"

Before the Kechamu people came in, they yelled loudly.

"Some idiot is buying a lot of stock in the Atlantic Telegraph Company!"

"what!"

Hearing this, Morgan stood up in shock.

God knows, the Atlantic Telegraph Company is nothing short of a disgrace to him.It was the biggest failure in his investment career.Or the only downfall.

The [-]-dollar stock just fell into the water like that, and there was not even a shadow left.

"Is anyone actually buying its stock? How is that possible?"

Morgan wondered.

"That's right. I heard that it was a rich local man from Chile. He seemed to think that it was a pity that the cable was broken and sunk in the Atlantic Ocean. Maybe he wanted to reconnect the cable."

The Atlantic cable is actually a telegraph line across the Atlantic Ocean. That telegraph line was destined to attract the attention of the whole world from the day it was laid, and of course it would also attract the attention of the capital world. A transatlantic telegraph line, no matter how you calculate it, is profitable!

So Morgan bought $1857 in stock in 8.A year later, the laying of the Atlantic cable was finally completed, and the successful laying of the cable was hailed as the achievement of the communication of the century.New York City celebrated with a parade and fireworks, which accidentally set the dome of City Hall on fire.Even so, the achievement was hailed, and on 16 August, the line of communication was officially opened with the successful communication between the Queen and Buchanan.

At that time, the stock of the Atlantic Telegraph Company soared, and Morgan's investment multiplied several times, but then?

The fate is cruel. First, the signal on the telegraph line became more and more blurred, and then North America could no longer receive the clear signal from Europe.A few days later, the submarine cable actually broke... broke!
Overnight, the reputation of the former hero was discredited. This is not the most important thing. The important thing is that Morgan's investment has been wiped out. The stock worth hundreds of thousands of dollars has shrunk by hundreds of times!Instead of shrinking, it directly becomes waste paper.

Originally, this was a sad thing that he never wanted to mention in his heart, but who would have thought that someone would actually buy the stock of the Atlantic Telegraph Company right now.

"He doesn't know, even if the cable is salvaged, it doesn't make any sense?"

asked Morgan.

Kecham shrugged.

"Who knows? Morgan, the most important thing is to sell our stock. It's too late, but it's too late!"

"Do not worry."

Morgan's eyes lit up.
"You can wait a little longer. If you operate it, you may be able to reduce some losses."

 A book friend group has been established: 335260551, everyone is welcome to join, discuss the plot together, and deduce the plot.

  
 
(End of this chapter)

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