America's Road to Wealth

Chapter 153 East Coast Consortia
Paris felt right.

The man Robert Morgenthau beckoned to pass was Abel himself.

Peggy even resisted and didn't want to go.

She was dragged by Abel.

On this occasion.

It's not easy for her to struggle. At this time, there are hundreds of people in the whole reception.

Most of the eyes are already on the two of them.

Originally, most of these gazes were from that circle.

But now the eyes of that circle are all on Abel and her.

Naturally, all the attention received by this circle was transferred to the two of them at once.

Peggy was helpless.

In the end, she was held by his hand and came before her grandfather and other elders.

There are seven or eight people in the chat circle that Robert is in.

At a glance, all of them have gray hair, and they all look like old guys over 70 years old.

"Mr. Smith, good evening." Robert's eyes twitched a little at the moment.

He couldn't tell that Peggy was dragged here by Abel.

Robert also didn't expect that after he called Abel to come, Abel also pulled the pearl of Morgenthau.

In this case,

Shouldn't Abel let go of Peggy and walk this way alone?

Do you see that there are all elders here, are they all big bosses?
Abel has been at the reception for so long, so it's impossible that he still doesn't know who these people around him are?
If you don't know, it's okay to say.

If you know it, do it again.

If you even pulled your precious granddaughter over.

Robert doubted.

This kid may be taking revenge on himself secretly.

Wanting to embarrass Paige in front of these people would also embarrass Robert.

Fortunately, Robert said that he had a strong sense of self-cultivation, and that he was extremely deep in the city.

This little thing doesn't make him really angry.

"Good evening, Mr. Morgenthau, and all the others, old gentlemen. Hello, I am Abel Smith."

After walking in front of these people, Abel smiled and said neither humble nor humble.

He's in a relaxed state of mind now.

Like those old guys who went to see the Texas syndicate before.

In his opinion, it is not these people who are really powerful.

What really allowed these people to have their current status and influence.

is their last name.

It's the ancestors behind their surname.

But their ancestors had all turned into ashes long ago.

Bones may be gone.

These people are just taking shelter of the legacy left by those momentary heroes.

He is both a reborn person and a super-talented self.

Don't say it's just about facing the grandsons of these momentary heroes.

He felt that if he could appear in their era.

At that time, they may not be the ones who really talk about it!
Nearly a year of pampering, coupled with invincible experience in the capital market.

It has changed the mentality of the former Internet writer + red-neck art genius.

This made him far calmer than anyone else when facing these people.

His performance.

It also made the people present feel very surprised.

Because in this country, even in this world.

Very few people are able to meet them for the first time and know their identity.

Can still maintain this calm look.

Even many high-ranking people who live in the white palace.

When meeting them for the first time.

Some of them couldn't be as calm as Abel's eyes.

"Hello, Mr. Smith." In the presence, David Rockefeller, who seemed to be the oldest, spoke.

this is on the gossip
The head of the Rockefeller family, who has undergone several heart replacement operations, said with a smile:
"It's a pleasure to meet you. It makes me feel like meeting Peter when he was young."

"But you are younger now. And your experience is more legendary than his."

"I'm David Rockefeller."

Finally, the old guy smiled and reached out to Abel: "Again, it's a pleasure to meet you."

"Ha~"

Abel shook hands with him, "Nice to meet you."

Everyone present may not have thought that David Rockefeller would be so proactive.

After the two shook hands.

Every few seconds.

Another among the audience, one of the most eye-catching figures.

John Chris Morgan said with a smile:
"Hi, Mr. Smith. I'm John Chris Morgan."

"Same as David. It's a pleasure to meet you, too."

John Chris Morgan didn't say as much as David Rockefeller.

With a simple opening remark, he reached out to Abel.

Abel also responded, shaking his hand with a smile: "Hello, Mr. Morgan."

This scene not only fell into the eyes of Robert and other people around him.

It was also seen by more than 99% of the people at the reception.

Not far away, in the small circle of wealthy daughters who have not yet dispersed.

Paris whispered in a daze:
"Catherine, it doesn't look like what you say. It looks like those gentlemen think highly of him."

Of course Catherine saw it too.

She never expected David Rockefeller and John Chris Morgan.

These two can be said to be giants in this country.

Will talk and laugh with Abel like that, even reach out to him first.

Catherine said in a daze:

"What the hell is going on. Isn't it just a southern old man?"

Paris couldn't answer her question.

It should be said that among the people present, they were the most elite group of people.

One can guess why John Chris Morgan and David Rockefeller valued Abel so much.

An even more exaggerated and powerful investment genius than the stock angels of the year.

There are examples of stock angels first, who wouldn't want to have such a cash cow?
The line of sight returned to the circle that received the most attention.

After Morgan and Rockefeller.

The other old guys in the circle also shook hands with Abel with a smile and introduced themselves.

Except Morgenthau, and his two brothers.

The remaining three old men, one named Reed Cargill.

Identity is a member of the Cargill family and a member of the Board of Directors of Cargill Corporation.

Cargill is the same as Koch, one of the two largest private companies in the United States.

At the same time it has a more resounding name.

It is one of the four major grain merchants in the world, and it is the C in ABCD.

There was also an old man named John Pritzker.

This John Pritzker is the old man present, the youngest one.

His surname is also legendary.

The Pritzker family, which owns the Hyatt hotel group, is one of the wealthiest families in the United States.

In order to avoid tax, the founder of the family designed more than 1000 family trusts that were not related to each other to hold the family property.

The founders expect this structure to sustain the family fortune until at least 2042.

However, despite binding equity with a complex trust system.

In the end, it is still difficult to escape the complicated human heart.

In recent years, the family's internal conflicts have become increasingly serious.

It is estimated that the more than 1000 trust funds cannot be maintained until 2042.

The last old man was Thomas Peterffy, whose status seemed to be the lowest among all present.

Because he stands on the periphery of this circle, and always has a smile on his face.

In fact, compared to other people, Abel knew the existence of this Thomas Peterffy.

Strictly speaking, the two are still walking together.

Thomas Peterffy, the founder of Interactive Brokers, is a pioneer of computerization and programming on Wall Street in the United States.

He was the first rich man to introduce computers into securities trading on a large scale.

As for the other two Morgenthaus, one is the District Attorney of New York State.

One was Robert's older brother, Rod Morgenthau.

The other was the District Attorney of New Jersey, Raleigh Morgenthau, who was Robert's younger brother.

Sure enough, it is a family of prosecutors, and only one Supreme Court justice is missing.

The identities of these people are basically the same as Abel's last time at the golf course in the outskirts of Houston.

The families who are the heads of the Texas consortium that I saw had almost the same identities.

Abel's attitude towards them was similar to the last time he dealt with the Texas Consortium.

But he knew the forces behind these people.

If they add up, they must be much stronger than the Texas consortium.

Don't talk about others first.

Rockefeller and Morgan two people.

It represents two of the top ten consortiums in the United States.

those who remain,

Behind them, there is also the faint power of these financial groups.

Strictly speaking, these people should be called the East Coast Syndicate.

It is a huge force entrenched on the east coast of the United States, and at the same time, its influence radiates more than half of the United States.

Compared with several other consortiums, there are West Coast and South.

These wealthy consortiums on the east coast are the real white flag of the United States.

The thirteen states that the United States was founded in those days were all on the east coast.

Compared with this side, places such as the West Coast and Texas can only be said to be rising stars.

The last meeting with the Texas consortium ended up being Furui Wubo.

In the follow-up, except for John J. Brown, the connection with Smith Capital became closer.

Abel originally expected that something that would allow him to enter the Texas consortium did not happen right away.

He didn't know if the other party was thinking about it, or for other reasons.

But today, these giants on the East Coast.

Abel found that the performance of these old guys was similar to that of the Texas consortium.

After getting to know each other, it was all kinds of small talk.

Although the conversation was mainly about business matters, it was just a matter of fun.

For example, let’s talk about the impact of the current oil price of around US$22+ on the United States and the world.

It's just that some ordinary people will feel tall when they hear it.

But the elites in the circle heard it, but they didn't feel much about it.

Coincidentally, Abel is probably not considered an elite in this circle.

Now that Abel had finished listening, he felt like a group of high-level key parties were discussing something he didn't quite understand.

It's just that what these people discuss is mainly about economics and finance.

Abel felt sleepy.

He doesn't like to hear these things, and many times he doesn't even understand them.

He felt that it would be better to build a better and more useful think tank than to spend his energy to understand these things.

When encountering commercial choices and difficulties, let the think tank directly list several options for yourself.

Among these options, you can choose the ones that are most beneficial to you, or that are less difficult to implement, or have a higher success rate.

He himself only needs to be responsible for acting as the magic needle in the capital market and financial market.

Industry specializing in surgery.

Abel felt that there was no shame in being ordinary in something he didn't understand or was not good at.

Anyway
As long as Wall Street does not fail, labor and capital are the strongest!

With such a heart, he did not participate in such high-level discussions.

Just standing in the circle with Paige Morgenthau, smiling.

Watching these old men with the most prominent status in the United States chat like a key political party.

His quiet performance finally attracted the attention of the old men.

David Rockefeller asked:
"Mr. Smith, you had a very good performance in international crude oil a while ago. So what do you think will be the impact of maintaining a crude oil price of around $22+ under the current circumstances?"

Abel, a while ago, commanded and controlled Smith Capital.

During the two months from the beginning of September to the end of October, during this crude oil fluctuation cycle.

Completed a long-term and short-term investment experience, with a total profit of more than 50 billion U.S. dollars.

This matter can be hidden from ordinary people, but it cannot be hidden from these guys who are inextricably linked to Wall Street banks.

In the eyes of these old men, this is no secret.

This is also Abel's biggest hidden danger at present, and he has noticed it.

But there is no good way yet.

That is. He does not currently have a large bank of his own!

This is a later story, let's not mention it for the time being.

Facing this question from David Rockefeller, Abel noticed that the old men were all looking at him.

Abel smiled, and then said:

"To be honest, I'm not good at these things. If it's just these things, maybe any Wharton graduate can surpass me."

"Words on Crude Oil Prices"

Abel smiled: "I only know that the lower the price of crude oil, the lower the price of gasoline for driving~~"

His unique answer surprised the old men.

David Rockefeller: "Is that all there is to it?"

"Yes." Abel nodded affirmatively: "That's my understanding."

"Forehead"

David Rockefeller was speechless.

Don't say that the old men are speechless.

Peggy Morgenthau, who didn't dare to speak from the beginning to the end, who was quiet and obedient like a little quail, was also speechless at this moment.

this kind of answer
On the Internet, just looking for an answer from a college student will be hundreds of times better than this!

"That" John Chris Morgan said:
"Then Mr. Smith. How do you make money in international crude oil, whether you are long or short?"

"We don't want to explore your secrets, we're just curious. It's okay if we can't tell, after all, each of us will have our own secrets."

John Chris Morgan's question is the old guys present.

Even half of Wall Street wants to ask Abel the most.

Looking at the successful people on Wall Street.

There are people like James Simmons.

He is obviously a mathematician, but he went to Wall Street to play mathematics, and he was very successful.

The rate of return even far exceeds that of Buffett and Dalio of Bridgewater Fund.

There are people like Buffett, who are half background and half talented, plus a cautious and steady personality.

Belonging to the traditional faction in Wall Street, relying on stability to make money.

There are also those like Soros who take a slanted sword and are willing to be the sword of Wall Street, using the power of the United States to harvest the world.

There are also geniuses who rely on pure talent like Peter Lynch, the stock angel of the year.

Wall Street is not big, but there are many investment styles here.

But the vast majority of big players, they are not any of these factions.

They act as dealers, players, and referees.

He was also able to obtain real inside information earlier than anyone else.

So as to maintain a high annualized rate of return every year, and maintain a very high profit every year.

The last faction is the one with the largest number of people on Wall Street.

It can be said that the current Wall Street giants are all of this school.

It depends on its size and its good relationship with the authorities and the Federal Reserve.

Coupled with the manipulation of the market, sometimes they even take risks and pull out the network cable to make profits.

And like Abel, throughout Wall Street.

After looking around, it seems that there is only a bit of resemblance to Peter Lynch back then.

But Peter Lynch was very cautious when operating, and rarely put his entire position on it.

The risk that can not be taken, the stock angel is not at all, it is a stable one.

It happens to be stable and profitable, and the rate of return is also high.

This has made the legend of stock angels.

Even Peter Lynch retired very early. It took only ten years from becoming famous to retiring.

Peter Lynch's external declaration is-"I have exhausted my talent, and continuing will only disappoint investors."

I retired in my 40s and less than 50 years old.

This age is very young among financial oligarchs.

Peter Lynch is already the most famous talent on Wall Street.

Abel is a bit like Peter Lynch.But Abel's investment style, compared with the prudent Peter Lynch, is a pure gambler.

Except for individual gamblers and lunatics, and those little leeks with small funds.

No one on Wall Street has ever walked a tightrope with every investment like Abe.

Like playing baccarat in Las Vegas.

Every time it gives people the feeling that they are all on top of the game, and that they will win or lose.

This investment style is almost the same as those amateur rookie small retail investors who are just getting started.

Even people seem to be more cautious than Abel.
But even so.

The Wall Street elites were reviewing Abel's entire trading process.

Many times it was found that Abel was simply going against the market.

But in the end, it turned out that Abel made a big fortune with a small amount, and his profits became more and more amazing every time.

Once or twice, occasionally a few times.

Some people may still suspect that he is an insider.

It is the kind of inside information that is not available in the market through certain channels.

But he does it every time.

And his background also proves that he should not be able to get this level of inside information in Wall Street.

This makes the tens of thousands of elites on Wall Street who are studying Abel feel even more incredible.

Many people have reviewed his trading model, and others have tried to imitate it.

The end result is a rush.

These people found that instead of imitating Abel's investment style and approach.

It's better to take the money and go to Las Vegas to have fun.

At least over there, you can get the result faster.

After a year, Abel, the Wolf of Wall Street.

I don't know how many trillions of brain cells have been consumed by Wall Street elites and financial researchers all over the United States.

In the end, everyone reluctantly came to such a conclusion——

This guy can't imitate and learn at all.

He can do this, or he can predict is a prophet.

Or he has a talent that is so sensitive that it is miraculous in this regard.

In short, we have come to the metaphysics.

Science cannot explain it.

(End of this chapter)