Beiyang 1917

"If I understand correctly, Jack, whether you and your Morgan agree with the professional field, respect the opinions of professionals, and let professional talents take care of it, and you and your Morgan just don't miss the investment Opportunity, not to run and manage a company like General Electric or Pfizer by yourself?"

Wang Geng said for Jack Morgan what he didn't say.

"Young man, you are right. Investment is the instinct of our bankers, and invention and creation are the instinct of Edison and his General Electric. The same is true for the production of citric acid, which is Pfizer's strong point. Although money and capital are in many cases will play a role in fueling the fire, but sadly, money is not everything”

Jack Morgan took out another cigar and gave it up to Wang Geng. Wang Geng smiled and pointed to the camel card in his hand to express his reluctance.

"So I respect Thomas and John's contributions, struggles, achievements and the authority they have established in their respective fields. With all due respect, I don't think anyone can surpass them in the field they are good at in the short term, and you, Wang Classmate, you are just a brave and passionate cadet at West Point Military Academy"

Jack Morgan continued while lighting a cigar,

"Invention and creation are the same as investment. Courage and enthusiasm are not enough! It requires professional knowledge, talent, and luck, so I am curious, how did you win the approval of Thomas and John? Of course, if you just now Everything you say over dinner with your girlfriend is true."

Kaili, who was eating the ice cream behind Wang Geng, heard the word "girlfriend", her face blushed, and she thought, "Who is this guy's girlfriend, she is just a nurse, just doing her duty! "

Wang Geng laughed out loud and couldn't help joking,

"Jack, excuse me, what you said is illogical. Since you recognize Mr. Thomas Edison and Mr. John Anderson as authorities in their respective fields, there is no reason to doubt their vision. Since I have obtained their recognition"

So obviously, although I'm just a Chinese student at West Point Military Academy, I must have some achievements in the fields that the two of them are good at, isn't that right?Could it be that you suspect that Edison and Anderson have been deceived by this brat like me? "

"Uh..." Jack Morgan was at a loss for words for a moment, thinking to himself that this little fox, with sharp teeth, did not leak a single word, which made it difficult for him to refute for a while.

Fortunately, Wang Geng didn't take it seriously, he smiled and said for this fellow,

"Jack, since you are an old friend of the two of them, I believe it's okay to tell you about the cooperation between me and Pfizer. Besides, maybe Pfizer and JP Morgan can also cooperate and win-win?"

"Oh, then I'd rather be respectful than obedient, and listen to your great opinion. Our Morgan company will make a correct assessment of every potential opportunity, but it's easy to miss the good opportunity that comes to you!"

Jack Morgan breathed a sigh of relief. Obviously Wang Geng is a difficult guy to deal with. Fortunately, this young man still knows the priorities. If he keeps talking to himself in circles, Jack is afraid that he won't have enough patience to continue playing with him!

"To put it simply, Mr. Anderson's Pfizer and I will cooperate to develop a new process for citric acid. In the future, the production cost of citric acid will be greatly reduced, and the output will be greatly increased, and it will no longer need to be extracted from citrus juice concentrate. !"

Wang Geng threw out his bargaining chip, while observing the reaction of the head of the Morgan company opposite him.

"Sounds very good. How can JP Morgan help you and Mr. Anderson?" Although Jack Morgan was surprised, his expression gradually returned to normal.

Nima, Morgan, you old fox, you are used to being the only one who dominates you, right?Do I have to beg you to make money for Morgan?

Though thinking so in his heart, Wang Geng continued to say,

"Jack, you are an investment banker, if I say I have $1000 million in high-quality assets, do you have any good investment advice?"

"1000 million US dollars?" Jack Morgan's pupils shrank suddenly. Where did the young man in front of him get 1000 million US dollars in assets? Is it high-quality?Pfizer's total assets are only $600 million!

"Why don't you open a small bank and do some investment business like you? Do you want to sell stocks on Wall Street? Do some speculative business?" Wang Geng said with a chuckle.

"Opening an investment bank is a subject that tests professionalism. Young people, I suggest you proceed with caution. If your investment fails, you will lose all your money." Jack Morgan does not believe that a Chinese student at West Point Military Academy can There are assets of 1000 million US dollars.

Not to mention 1000 million US dollars, it is their 1000 million oceans in China, which is not something a 22-year-old ordinary foreign student without any prominent background can get.

Apparently Jack Morgan is not ignorant of the New York heroes that have been continuously reported in the newspapers. This Chinese young man Wang Geng can almost be regarded as an orphan in China.

In Wang Geng’s original plan, the first was to use Pfizer’s assets as collateral for loans to solve the problems of working capital and factory production line renovation, the second was to issue Pfizer bonds on Wall Street, which was essentially a loan, and the third was to issue IPOs on Wall Street Pfizer's stock raises funds.

However, he changed his mind at this time. Since God has sent Jack Morgan, a figure who controls the wind and rain in the American financial circle, to him, there is no reason why he should not start with JP Morgan. .

"Of course, Jack, you are right. Investment is a profound knowledge. You are the expert. I am just a layman, so I want to ask you once, are you willing to invest in me?" Wang Geng secretly Bared his teeth.

Nurse Kelly, who had been listening behind her back, felt a chill again when she heard the words. This guy was so overconfident that he wanted to fool the head of Morgan.

"How to invest? What to invest?" Jack Morgan said calmly, smoking a cigar, actually feeling a little joy in his heart that he finally saw the light of day.

"Jack, to tell you the truth, I want to invest in Pfizer, use my invention to transform Pfizer's production line and plant, and use the latest citric acid production process for production. There will be a little funding gap, so I'm considering looking for cooperation from the investment banking industry. partner!"

Wang Geng stepped forward and lowered his voice.

"It's the new technology of citric acid that you just said, the cost has been greatly reduced, and the output has been greatly increased?" Jack Morgan obviously kept the key points mentioned by Wang Geng in his ears.

"Yes, the war in continental Europe is still at a stalemate. Because the export of raw materials under traditional techniques is affected, there is a huge gap in the global citric acid market. I intend to help your old friend Anderson and his Pfizer overcome the current situation. In one fell swoop, Pfizer has become the largest supplier of citric acid in the United States and the world!"

Wang Geng's bewitching voice echoed in Jack Morgan's ears, no different from those adventurers who came to Morgan's company to promote their projects, crying.

Jack Morgan doesn't doubt the vision of Thomas Edison and John Anderson. When it comes to citric acid and the chemical market, Anderson must be more accurate than himself. The question is, how much investment can be exchanged for how much return?

"Of course, Pfizer can also issue bonds, or issue public stocks, or even use fixed assets as mortgages, but this is not my choice. My goal is to monopolize the world's citric acid market for a certain period of time. It requires investment bank capital with strength and vision to intervene!"

Wang Geng kept his voice low, but he looked directly at Jack Morgan with firm eyes, and he did not show any weakness or retreat under the pressure of Jack's eagle-like sharp eyes.

"How much investment is needed, how long is the return period, and how high is the rate of return?" Jack decided not to get entangled in details, but to find out the future money situation before talking!

"The current market price of citric acid is US$1.25 per pound, and it is still rising. The annual demand in the US market is about 2200 million pounds, and the demand in the European market is at least 6600 million pounds. The total demand for citric acid is not less than [-] million pounds per year!

With the continuous development of the population and the food and pharmaceutical fields, the demand for citric acid raw materials will continue to increase! "

"The goal I set for Pfizer is to monopolize the U.S. market with 2000 million pounds of production in the first year, monopolize the European market with 6000 million pounds in the second year, and monopolize the global market with no less than 8000 million pounds in three years."

Wang Geng looked at the head of the Morgan consortium opposite, his voice was full of confidence and bewitchment!