America's Road to Wealth

Chapter 163 All Crocodiles Gathered 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.

With itself, Smith Capital has value.

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

These people didn't want to invest in Smith Capital so much as they mainly wanted to invest in him.

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

Every time he makes an acquisition, he also establishes a company.

Funds used were drawn from Smith Capital.

However, it is the other three companies and himself who control the holding.

of the three companies.

One is Smith Holdings in Ireland.

One is Emily Investments registered in the Cayman Islands.

Another one is Alexandria Capital registered in Bermuda.

Except for the investment in the capital market, Abel's shares are jointly held by these three companies and himself.

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

like ab smith entertainment.

That is, the three outlying island companies each hold 30% of the shares, and he holds another 10% of the shares under his own name.

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.

Then why not?
Of course.

The giants are not stupid either.

If they really want to take a stake at that time, they will agree to some of Abel's requests at the same time.

Certain restrictions must also be imposed.

For example, they may ask Abel to bind with the company, or have requirements on the company's performance.

If the requirements are not met, compensation or withdrawal of shares must be made.

Similar to the gambling agreement.

This is also normal.

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

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

Then, out of the three, David Komansky and Philip Purcell squeezed in.

This Philip Purcell has a decent 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 came one step ahead of them.

Soon on Abel's side, he got 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 even more exaggerated.

It wants financing, but most likely it will not be money.

It could only be some stock that is more precious than money, or something like that.

Oligarchs aren't stupid, and they know Abel isn't either.

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

Smart cash cows are willing to be their cash cows because they are afraid of their power.

I don't think about something all day long.

Richard Fuld's character is as direct as ever.

In a parallel time and space, this guy saved Lehman Brothers twice from the brink of bankruptcy.

At the same time, it was his will to go his own way, which sent Lehman Brothers to a dead end in the 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 was also one of the four most concerned issues among the five people present.

How much does it cost to get a ticket.

Isn't this kind of problem worth caring about?
Abel smiled: "This question will be announced later."

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

But thinking that he would find out later, he was not so impatient.

At this time Abel suddenly spoke:
"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 slightly, and then the bald old white man reacted quickly: "That's right. To be exact, the number is 6.63%."

Abel smiled, and the Big Four saw him smile.

I immediately understood 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?
Immediately afterwards Abe 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, which was one of the first venture capital firms in Silicon Valley to invest in Google.

Big giants like them all hold or hold shares in hundreds of financial subsidiaries under their names.

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

This also made Richard Fuld understand.

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

In association with intelligence, Abel has invested hundreds of millions of dollars in Google.

Presumably this should be the price Lehman Brothers had to pay for taking a stake in Smith Capital.

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

If the price is this, then Lehman Brothers is very lucky!
Richard Fuld at this time did not know.

How valuable this 5% of Google's stock will become in a few years.

Abel then asked similar questions to Philip Purcell and David Komansky.

On the latter two, affirmative answers were also obtained.

Although it is not stated clearly, everyone is a smart person.

Everyone knew what Abel meant.

Abel knew them too, knew 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 take a piece of the pie.

shares in certain companies.

It's really something that money can't buy.

Shares can only be obtained through this exchange of interests.

Everyone smiled and chatted for a while, and then they found a little commotion at the reception.

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

It was the elevator entrance, and an old man with silver-white hair and a smile on his face was coming 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.

The United States has used it for more than ten years, and it is one of the new lights of the Freedom Lighthouse newly decorated in the world.

I saw Buffett who had just stepped out of the elevator.

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 of the Windward Islands in French Polynesia, located in the South Pacific.

It is warm and spring-like in all seasons and has abundant products.

Residents call themselves "God's Man," and international visitors describe it as "the closest thing to heaven."

Buffett likes to vacation there in winter.

It's no secret on Wall Street.

Abel was also a little surprised, because he remembered that he didn't 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 is not based in New York, this guy lives in his hometown all the year round.

And Buffett is better at prudent value investing, which is a bit inconsistent with the overall aggressive style of Wall Street.

Compared with Buffett, Wall Street is radical.

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

He's just cranky and a gambler.

The investment styles of the two are completely different.

Buffett only plays value investing.Before that, Abel didn't even play in the US stocks.

The places where he cut leeks were all risky.

The international foreign exchange market and precious metals market, as well as the futures market, are also extremely profitable.

"Ha~ Warren's favorite game 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 in this kind of reception.

Things quickly went as Philip Purcell said.

After Buffett showed up, he just smiled and said hello to people he knew in several receptions.

After discovering the small circle on their side, they walked over directly.

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

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

Just like Paulson just now, he reached out ahead of time with Abel a few meters away.

This scene made 99% of the guests on the field who were actually paying attention to this side feel a little numb.

So is Paulson, so is Buffett.

This Mr. Smith is too popular on Wall Street!

"Hello, Mr. Buffett." Abel's reaction was similar to that just now, and the red wine glass in his hand had already been handed over to the passing waiter.

He shook hands with Buffett and said politely, "Welcome to my reception. 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 letter, Mr. Smith, I have the cheek to come!" Buffett said with a big laugh.

His words surprised everyone around him.

What is the charm of this "Wolf of Wall Street".

Actually let the stock god, without being invited.

You don't even have to run over to participate.

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

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

Is this a special trip to give up the vacation, or is it to end the vacation early and rush back to attend the reception tonight?
Many people with sharp minds suddenly realized.

Tonight, the reception at Smith Capital may look very unusual.

"Ha~ This is our negligence." Abel smiled and said, "It's mainly because we were too busy a while ago."

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

"I know what you're doing. You've done a great job. The profit from just one investment is almost more than my profit from last year plus this year!"

Same as other giants.

There is no news on Wall Street, which Buffett cannot capture.

The profit figures for Smith Capital speculated by the giants.

Buffett can also get rough numbers through his people on the Big Four side.

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

There is little or no secrecy about the company's transactions, as if everyone on Wall Street knew about it.

He wasn't very angry.

Because this is the hole he left on purpose.

A way for the Wall Street oligarchs to see but not touch, let them know the value of Smith's capital!

This is why, in fact, David Mellon suggested that he acquire or take a stake in one or two banks very early on.

He didn't have a reason to do it for a long time.

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

When investing in Smith Capital, it can indeed achieve a certain degree of secrecy and enhance confidentiality.

But in that way, wouldn't it make it difficult for the oligarchs to know the flow of Smith Capital's investment funds.

In that way, they will also make a miscalculation of the speed at which Smith Capital will make money.

Then there is no way to let them all surround them like a great white shark smelling blood like today.

Seeing Buffett's enthusiasm, not only Abel understood 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 to have more people join.

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

They were naturally unhappy.

But this is Buffett. 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 no less than that of a consortium.

Especially when facing ordinary people, his influence is even greater than that of consortiums.

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

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

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

But for ordinary Americans, especially ordinary American leeks.

Buffett is their vane and their stock god.

Faced with such a similar kind, everyone can only pinch 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 will be more refreshing for them to cut their flesh.

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

Like everyone else on the field, Ted Lener's eyes were basically in that small circle.

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

Falk, if only labor and capital were in there!
What a status, what a face!
Ted Lener's thinking is so simple.

Suddenly he heard his daughter whisper:

"Dad, look at the elevator. People from the Texas consortium are here too."

"After the last time, I haven't seen Abel contact them again. I thought they might have broken up, but now it seems obviously not."

Ted Lener hurriedly looked towards the elevator entrance, and he saw what his daughter had said last time.

I went to check it myself, found the photo and remembered John J. Brown.

John J. Brown was walking behind a 60-year-old guy.

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

Ted Lener couldn't help but say:

"What is the charm of your little boyfriend?"

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

"Buffett will come, then I really don't understand at all."

"If someone tells me now that Zizton will come later, then I won't doubt it."

Ikana was taken aback, Zipper would come?
It should be unlikely.

He is about to abdicate, and he will attend another capital party at this time.

It doesn't sound good to spread the word.

Moreover, Zipperton after the abdication may not necessarily be welcomed by these financial oligarchs.

"Haha~"

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

This old man Abel knew, 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 can tell that it has a lot to do with John J. Brown.

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

"Mr. Smith, how can there be no Texans at the reception of the Texans? John just told me about this in the morning, and I will be here in the afternoon!"

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

Abel smiled and said, "Ha~ Thank you for your hard work, you have come from a long way. Mr. Braun."

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

Inviting John J. Brown is tantamount to telling the Texas consortium directly.

Last time, the Texas Consortium took the initiative to express its favor to him.

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

Instead, it was Abel who took the initiative and allowed Smith Capital to cooperate with the New York branch of the Texas Commercial Bank.

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

But there is still no news from Texas.

It's like a man, after confessing his love to a girl, there is no follow-up action.

Nothing.

Instead, it was the girl who took the initiative to turn the other way, implicitly expressing to the boy that you can chase me now.

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

Although men chase women's interlayer mountain, women chase men's interlayer yarn.

But Abel just didn't want to be this "female".

This ratio may not be appropriate, but it probably means so.

Since the old guys don't take the initiative, Abel himself is not in a hurry.

Big deal. Alexander will choose another place next time.

The United States is so big, but it doesn't have to be in Texas to "debut".

Well, as the "girl" of Smith Capital, she ran to the "blind date agency".

The "boy" of the Texas consortium is finally in a hurry.

Even old guys like Davis Brown came.

But tonight, the old guy is not just Davis Brown.

At the elevator entrance, someone exclaimed again.

Because a few old guys came out of the elevator again.

Abel's excellent eyesight allowed him to see at a distance of more than 30 meters.

At a glance, he recognized the two old people surrounded in the middle.

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

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

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

It will be able to surprise the other half of the people who don't know them from the bottom of their hearts.

Davis Brown, who had just shaken and put down Abel's hand, also saw the arrival of these two people.

The old guy couldn't help frowning, he looked at Abel: "Honey, you're a Texan."

Abel smiled: "But I'm also an American."

Davis Brown was a little speechless.

(End of this chapter)