America's Road to Wealth

Chapter 210 The most expensive luxury in the world

None of the things David Mellon said was known to Abel.

Because these are just little things.

Not a real old Wall Street fritter, and that's impossible to know.

And Abel knows, as David Mellon said.

This so-called "tradition" still has some positive effects.

These things are actually a corporate culture similar to team building.

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

It can indeed play a good positive role.

There are so many small loan companies and small financial companies in China in later generations, and they like to play this game the most.

These small companies like to go to work in the morning.

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

Some catering establishments also carry out similar activities.

In some special fields, such as passing a pin.

It is to carry this kind of thing to the extreme.

more importantly.

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

Then why do you object?
It's just trivial things anyway.

He also acquiesced to David Mellon and Melio's approach.

Here's one of Wall Street's new giants.

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

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

In the office, Abel said to David Mellon.

David Mellon nodded.

"Before January 1. Smith Capital had 20 employees."

"Among them, there are 11 people in the front desk and the logistics department of the administration department, seven people in the field liaison department, and the rest are all analysts and traders."

"Since January 1th."

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

"But we now have 465 more trainee employees. If you count these trainee employees, Smith Capital currently has 590 six employees."

Hearing these numbers, Abel nodded.

These things.

In fact, Abel already knew about it in the internal email sent to him by David.

There are even several employees, and some new high-level, department heads.

It was still some employees selected by Abel from his resume.

"Less than 600 people." Abel thought for a while and said:

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

David Mellon nodded, "Indeed. For our current business, these people are enough."

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 only Abel is a trader with trading authority.

Everyone else is a trader
Right now, Abel has opened up a certain level of trading authority.

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

If not.

There are so many extra people, they really came to have a meal.

At Abel's request.

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

"Let's open the fourth, fifth and sixth private placements," Abel said.

"However, each fund should not raise more than US$[-] million."

"Because I will not act as the manager of these funds. But I can guarantee that these funds will not lose money. Once there is a loss, I will personally come forward."

Abel thought for a while, then added:
"As for the rules of these funds, they are almost the same as those of investment banks."

"Okay." David Mellon said with a wry smile:

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

"You know, the LPs who came here for Smith Capital. Actually, they are all here for you, King Smith."

"If every fund was managed by me." Abel was expressionless.

"Then why do I still open investment authority to you? I might as well maintain the previous scale and let you continue to be my tool people."

Hearing what Abel said, David Mellon's mood suddenly tightened.

But David thought about it again and found that it was indeed the case.

If it is true, the entire Smith Capital will be up and down.

If the investment is all in charge of Abel.

That would require no traders at all, only a small number of traders.

Those Wall Street elites that the company recruited.

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, only then was he somewhat satisfied.

Abel felt that was the only way.

Smith Capital can only become more and more formalized.

Instead of being his own tool all the time.

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

This kind of regularization is absolutely unavoidable and must be followed the right path.

It's just that there is a talented person like him sitting in town.

Smith Capital is in the process of formalizing.

It doesn't take a hundred years to accumulate their fame, capital, and contacts like Goldman Sachs.

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

The formalization of Smith Capital, as long as Abel is there.

You can go faster than anyone else.

And regularized Smith Capital.

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

Otherwise one has only one building.

More than 100 employees, a company with a cash flow of 200 billion.

The market value valuation is so exaggerated.

Even if it is supported by the VAM agreement, it is supported by Abel's name.

Those consortiums will also hesitate when investing.

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

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

As the general manager of the company, David now has more than just managing the company.

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

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

With the Pacific Bank of Commerce window.

Now Smith Capital itself can act as a middleman, that is, a brokerage.

A retail investor similar to the original Abel.

They now have the option to open an account with Smiths Capital.

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

They can also choose to buy Smith Capital financial products directly.

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

That can be said except for the scale.

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

This is the first expansion of Smith Capital in the tenth month since its establishment.

In the morning at the company.

A little earlier at noon.

Abel has emerged in the huge clearing near the docks in Addson's Bay.

It also snows in New York in February.

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

He appeared with him, as well as the current mayor of New York City, Rudy Giuliani.

and City Council President Pete Wallon.

"What a huge piece of land."

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

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

"It takes half an hour to walk to the Rockefeller Center, and within 10 minutes to ride a bicycle, you can reach the Metropolitan Museum."

"In front of it, the best tourist wharf in the entire Manhattan Island can be built, and even a super berth for [-]-ton cruise ships can be built."

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

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

Abel's voice echoed in the empty Hudson Bay wasteland.

He was surrounded by hundreds of people.

Most of them are his entourage and bodyguards.There were entourage and bodyguards for two other people.

"Mr Smith"

Old Pete Wallon was stooped, and the old man was almost ninety.

In such a cold day, it is not easy to come out in the wind and snow.

"I think if you come out to run for the election, with your speech ability, you will definitely be able to do very well in our industry."

"Ha~" Facing the old Pete Wallon, he felt emotional about his bewitching words just now.

Abel said seriously:
"Dear old Pete, when I turn 35, I will definitely stand up and speak for everyone."

This sentence immediately made Rudy Giuliani and old Pete Wallon stare at Abel seriously.

In the United States, it is stipulated in Article II, Section [-] of the Constitution.

The commander-in-chief of the United States must be at least 35 years old and have lived in the United States for more than 14 years.

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

Except for the 35-year-old, Abel has met all the conditions.

Two old guys, saw seriousness on Abel's face.

This made the faces of the two old guys solemn.

Seeing the seriousness on their faces, Abel suddenly laughed:
"Just kidding. How can living in the dilapidated place of the white house be as comfortable as my villa? I can't raise a large group of models or beauties in it!"

"All right."

"Let's get down to business."

Abel said:
"Rudy, old Pete. What's your thinking? Do you want to stand up and let us solve the troubles of the most high-quality land in Manhattan?"

The last time the two of them came out to participate in the Christmas Eve show in Elizabeth's back garden.

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

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

Then Abel gave them another chase.

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

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

I just wanted to see what the two of them were thinking.

Feeling the energetic and aggressive look of the young Abel.

Rudy Giuliani only felt that he and old Pete were full of old spirits.

Rudy looked at old Pete, and he realized that his old partner was looking at him too.

Rudy knew that this was his old partner, and he wanted to respond by himself.

In the cold wind, the mayor exhaled lightly.

"call"

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

This made Rudy feel that it wasn't just the carbon dioxide and water in his body that it was floating away.

It also takes away its own age and spirit.

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

"Dear Abe. Old Pete and I are getting old. We've run out of energy."

Rudy Giuliani's old-fashioned answer.

It doesn't matter what he said too clearly, Abel has already understood the meaning of the two New York bigwigs.

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 spit out turned into a 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 either, he had thought of this possibility before coming.

"Okay." Abel said softly:

"So be it. Rudy, old Pete, have a happy old age."

"goodbye!"

Waving to the two old men, Abel turned and left expressionlessly.

Wait until he's gone.

Behind Old Pete Wallon, a white man in his 50s couldn't help but whisper:
"How dare he, how dare he do this?! Standing here is the Mayor of New York, and the Speaker of the New York Assembly!"

The person who spoke was named Peter Wallon.

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

One of the members of the New York City Council, old Pete Wallon, one of the young men under the speaker.

Americans don't talk about emphasizing virtue and avoiding relatives. What Americans pay attention to is emphasizing virtue but not avoiding relatives.

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

Both father and son commanders, and grandfather and grandson commanders can appear.

Father and son MPs are nothing.

Looking at his angry son, old Pete Wallon felt a little disappointed.

Rudy Giuliani whispered to Pete Wallon:
"Of course he dared. He is half a shrub family. He has such a good relationship with Bloomberg. He even has a good relationship with Rockefeller and Morgan. He is a Wall Street giant himself."

"And us? Dear little Pete. My health is failing. Your father's is failing. We won't make it through this year's election in New York."

"We're dead. Little Pete, and he's hot."

"But. But" Pete Wallon Jr. was a little speechless.

It's not that Pete Wallon Jr. doesn't understand this.

If you don't understand, just like Abel.

Pete Wallon Jr. jumped out and yelled.

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

"Hey~"

Old Pete Wallon sighed:
"That's it. Step by step, finish the last period of time. For the future, you young people can go on their own."

After finishing speaking, he ignored his son's disappointed gaze, turned around and left in the cold wind.

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

"Madefark!"

Manhattan.

Inside a warm pizzeria.

Abel's scolding came out.

I saw a pizzeria with no extra customers.

Abel said unhappily to Bloomberg opposite:

"They are unwilling. These remnants of the old era dare not get on our chariot."

"It's so normal," Bloomberg said with a smile:
"They don't trust you, they are worried that I will pick their peaches."

Abel shrugged, he stood up suddenly, and shouted at the shop owner not far behind Bloomberg:

"Old Charlie! Is my chicken pizza ready? I'm starving, hurry up!"

Owner and head chef of Charlie Brown's Pizzeria.

Old Charlie muttered, "Madfak! My nap is gone again!"

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

"Hey~ Pizza is originally fast food. Your pizza is not fast food!" Abel shouted.

Old Charlie was furious: "It's just different!"

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

He told Bloomberg, who was at Charlie Brown's for the first time:
"This old guy is like this, and I know him too well."

Bloomberg looked odd.

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

Bloomberg just smiled back.

Then Abel spoke.

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

"...I was a poor man back then, with only seventy dollars on me."

"."

"...after I have a little money. I'll still eat here once or twice a week."

"Both to taste the food, but also to tell myself."

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

Old Charlie, who interrupted Abe as he put the chicken pizza on the table, said to Bloomberg:
"Guest, don't listen to his bragging. Our Mr. Smith, he will say this to every guest he brings here."

"At the beginning, he said he brought $[-]."

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

"It's faster than being robbed by someone!"

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

Old Charlie changed his tune.

Old Charlie added that Abel was up and pushing him away.

"Get lost, 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 cheerfully.

"Ha~"

Abel sat down with a smile, "Old Charlie has always been like this, he likes to tear down others."

"I think it's quite interesting." Bloomberg said with a sudden smile:
"When I had my first million. I still had some true friends."

"By the time I have my first billion. I don't have a single true friend anymore."

"And you, Mr. Smith. You are very lucky. You have amazing wealth, but in this pizzeria, obviously you still have a friend."

Abel was taken aback.

He suddenly felt that what Bloomberg said made sense.

It seemed to me that it was because old Charlie never gave himself any color.

Unlike other people who give in easily in front of their own money and power.

Including my own women.

This made me especially like to brag in front of old Charlie.

Especially love the chicken pizza made by the old guy.

Otherwise, what kind of delicacy has he never tasted?
How is it possible that I will never forget one of the most common fast food in the United States.

"Ok."

Abel smiled:

"You're right. Yes, for people like us, friends are the most expensive luxury."

Bloomberg smiled.

"Okay." Abel said in a relaxed tone.

"Now let us two capitalists talk about how to get the most valuable land in New York."

(End of this chapter)