America's Road To Wealth Chapter 145

  Chapter 145 Buying a team and blood hunting

  The meeting with Walid can only be said to be a coincidence.

  Walid, a Middle Eastern stock **** rooted in the European and American world, has always maintained a good relationship with the European and American financial fields.

  He has a good sense of smell and may smell the results of this year's election.

   Wants to make friends with the other party, but the other party is a representative of the military-industrial complex.

   Has been active in the south for a long time, mainly representing the forces in the south.

  This has little to do with the east and west coasts where Waleed is doing his daily activities.

   Strictly speaking, the South of the United States basically has no sense of presence on Wall Street.

   At most some representatives exist.

  For example, the branches of several southern banks in New York, such as the New York branch of Texas Commercial Bank.

  My friends are mainly Waleed in Wall Street, if you want to know each other.

  Abel would be a good choice.

   Just do a little research on Abel's background.

   They can all know that the Smith family and that family are barely family friends.

  If Waleed wants to get to know each other, Abel will be a good choice.

   Just happened to meet, and Waleed naturally entangled him.

  That's why this meeting happened.

   In addition, it may be that both parties have a bit of nouveau riche temperament.

  In addition to this incident, the two found that they had a good chat with each other.

   Especially in terms of enjoyment, Waleed, the "predecessor", gave Abel a lot of inspiration.

  Abel's super enjoyment thinking also gave some inspiration to Waleed.

  After this time, the two became friends.

  The next day, Queens, New York.

   On November 6, 2000

  Smith Building, fourth floor, in Abel's office.

  In front of Abel's desk, there were seven people in neat suits and of different ages.

  Beside these seven people, there was David Mellon who was watching the excitement, and David Jones who brought these people to Abel.

  David Jones' crisp and clear voice echoed in the office.

  “. Alan Baker, former senior actuary of Mingde Fengyi, manager of the business department of the European division.”

   ".Bertram Hall, former deputy manager of the New York Division of Toll Brothers Real Estate."

  “.Beavis Brooke, Senior Accountant, formerly with Brooke.”

   ". Bao Lin, the former senior deputy manager of the North American region of L'Oreal Group, and is also familiar with East Asian affairs."

   "York West, former deputy general manager of Gephardt Company, registered senior lobbyist in Washington."

   "George Williams."

   "Mary Choxie"

   These seven people, one woman and six men.

  Basically covers the needs of a rich man and all aspects of talent allocation.

  These seven were David Jones at Abel's request.

  Through American Express, as well as headhunting companies such as McKinsey and Heidrick & Struggles, they found seven talents in various fields for Abel throughout the European and American world.

  These talents will become the structure of Abel's think tank.

  With them as the core, Abel's think tank was formally formed.

after this,

  If Abel is interested in entering a certain field, or just wants to buy something.

  He can consult this think tank, and after getting advice, he can make his own judgment.

   So as to decide whether to proceed.

   This situation is very common among rich people.

  Abel didn't have it before, that's because he rose too fast.

   And there is no such consideration.

  After experiencing the Robert incident, and a trip to Los Angeles, and the Texas incident.

  He felt the need to form such a team.

  When he was in Los Angeles, he asked David Mellon to find someone to form.

  David finally found all the people, and today is the day when these people come to meet the boss.

  Actually, Abel couldn't tell whether these people were suitable or not.

   It's just based on resume, education, and appearance.

   Each of these people looks very elite.

   According to his requirements, it is fully configured in all aspects.

  Including accounting, actuarial calculation, simple legal consultation, real estate and energy, political lobbying and so on.

   Simultaneously apparent, over time.

  The size of this team will continue to expand.

  These seven people are just the initial members.

  If Abel later finds them unqualified, or doesn't like them, or violates any rules.

   They also get fired.

   After David Jones finished his introduction, he calmed down and looked at Abel.

  The whole room, everyone is looking at him.

  Abel smiled:

   "Very well, I already know you. I have read your resumes. You should also know who I am, so I won't introduce myself."

   "Salary and benefits, as well as promotion ceilings, etc., you should have already understood."

"so."

   Abel, who was sitting behind the desk, smiled and opened his arms—

   "Welcome to my side~ I hope that in the future, we can work together and make progress together."

   "You've made me richer. And you've been able to move up and even one day be in my class."

   Abel didn't want to hear words like loyalty.

  After this opening remark, he wanted to give this newly established think tank a task.

   But he was not really prepared.

   Just out of the corner of his eye, he was looking at a newspaper on the table, and saw the headline of today's latest issue of the "American Sun" sports section.

  The above headline reads "New York Knicks beat Los Angeles Lakers 76-88".

  He simply took out the newspaper and put it in front of the desk, facing everyone in the think tank.

   "Hey."

  Abel smiled and said, "The first mission you established is right here. Have you seen it, the New York Knicks and the Los Angeles Lakers."

   "I want everyone to make two plans for me within three days. The two plans are how to acquire these two basketball teams as soon as possible and in good condition."

   "This is my first audit of you, and this can be achieved. You are the only ones who need to exist."

  After saying this, Abel didn't give them a chance to speak.

  He directly took the newspaper to David Jones, and asked David Jones to take them to understand his financial situation, as well as his contacts and other intelligence information.

   Then supervise them, and within three days, come up with these two plans.

  After David Jones and the members of the think tank went out, the other David, who had been watching the play in the office, smiled and walked to the chair in front of his desk and sat down.

   ".Ha~ It looks very good. I have read their resumes, and every one of them is excellent."

  David Mellon said with a smile: "But your task is a bit demanding. Two plans to buy two basketball teams within three days."

   "Don't tell me, you really want to buy these two teams?"

   "It's just asking them to make a plan. It's not really about to buy it right away." Abel said lightly.

   "Ha~" David Mellon shook his head, "It's not that I don't know you. You might really buy it on a whim."

   "I don't know about Los Angeles. For the New York Knicks, it may not be so easy."

  Abel said: "I remember the New York Knicks, is it an industry under the name of CSC?"

   "Yes." David Mellon nodded.

  CSC is the abbreviation of American Cable TV System Company, which is the fifth largest cable TV operator in the United States.

  The company has approximately 3 million customers in New York State and almost 7 million users in the northeastern United States.

  The founder is Charles Dolan, a large group company in the east coast region.

  David Mellon thought about it and added some information.

   "I remember that the TV sports department of CSC is now in charge of Charles Dolan's son, James Dolan. It started last year."

   "In addition, CSC's TV sports business group has several teams. Like the New York Knicks in the NBA, the New York Rangers in the NHL, the New York Liberty in the WNBA, and the Connecticut Beluga in the American Hockey League."

   "In addition to the main TV business. TV sports and MSG Group are the two most important sources of business for CSC."

   "CSC is in a good financial position. It's not that easy to buy the New York Knicks from them."

  David is indeed an old East Coaster.

  In addition to being on Wall Street, he works for a strange financial company like Smith Capital who likes to search for information when he is free.

  This allowed David Mellon to have a very detailed understanding of many large and small companies in the United States, especially on the East Coast.

   "Sounds difficult." Abel nodded, which he had to admit.

   Mainly don't look at the New York Knicks, the record has never been good.

   But because it is in New York, it is the only NBA team in New York.

  This makes it the most revenue in the entire NBA league.

   It enjoys the most expensive tickets in the NBA, the best venues, and the fans with the most purchasing power.

   Even if it loses every year, it's unlikely that CSC will sell it.

  Because although the record is ugly, it has always been the most profitable team in the NBA, and it is also the most valuable team.

   There are actually many rich people in New York who are very interested in this team.

   After all, this is the only basketball team in New York.

  Although among the rich, the NBA with too many blacks is a bit out of reach.

   But it is unique in New York after all, if it can be bought easily.

   There are too many rich New Yorkers who are willing to buy this team.

  Failed to make a move, it proves that the purchase is very difficult.

Of course.

  If you are willing to spend money.

  For example, if the market value is one billion U.S. dollars, if you pay two billion three billion, then CSC will obviously be happy to part with it.

   It's just this kind of loss-making business, no one would want to do it.

  Even Abel is unwilling, even if his money comes easier than the wind blows.

   "Okay." Abel said: "I won't talk about this topic. I just give them tasks and see how well they complete before I can decide whether to use them as my brain trust."

   David Mellon nodded, he also knew what Abel meant.

  Then he saw Abel stand up, and said:

   "Let's go, I haven't cut leeks for a few days. Go out and have fun, and by the way, before the end of the year reception, the profits on the financial report will look better."

  Hearing his words, David Mellon immediately lifted his spirits.

  He changed his appearance as a Wall Street nobleman just now, and followed him energetically like a follower.

   "Okay~ You have the final say, our alpha wolf is going to eat meat, and it's time for the wolf cubs to show their minions!"

   "Boss, where are we attacking this time!"

   "I'll look at the graph first."

   After a while, the two came to the operating room of Smith Capital.

   Like before at the Woolworth House.

  David Mellon held the microphone excitedly and walked in front of hundreds of elite analysts and traders.

   "...Everyone, everybody! You wolf cubs of Smith, stop what you are doing immediately."

   "Your wolf leader is going to lead you on a **** hunt!"

   "Cheer up and stop what you're doing."

  David's shout, and the figure of Abel next to David, instantly attracted all the analysts and traders.

  I originally thought that today, the Smith Capital employees would be as calm as before.

   For a moment, it seemed like drinking a hundred bottles of Red Bull.

  Everyone became excited.

  Just because Abel appeared beside David Mellon.

  This is not a very common thing in Smith Capital.

  Although the boss often comes to the company, the boss appears in the trading floor.

   Sometimes not once in two or three months, sometimes two or three times a month.

   But whenever he appears in front of everyone, it is time for Smith Capital to start eating meat again.

  It is also the time when employees who do not have trading authority and can only study and study all day can launch an attack.

   Over time, this model has made them adapt.

   It also makes them show great aggression and enthusiasm when they officially start trading.

   Coupled with the generous bonuses ahead, the employees of Smith Capital are often idle when they are idle.

  When you are busy, you may be so busy that you die suddenly.

  At this moment, Smith Capital is like a pack of wolves who are about to launch a group hunt.

   There is almost no ghost crying and wolf howling.

   This commotion made Abel very satisfied.

  He took the microphone from David Mellon, and said calmly—"Quiet."

  His voice seemed to have magic power, a simple word.

  The traders who were very excited because of David Mellon's words immediately quieted down.

   "Let me see the trend chart and consultation first."

  Abel walked to the big screen, and watched various financial information on it under the gaze of hundreds of people.

  This kind of thing that usually doesn't pay much attention to the financial situation, and only looks at the chart when it is time to start investing.

   If no one believes it, it may make Wall Street think it is a psychopath or a layman.

   But at Smith Capital, everyone is used to it.

   And they are a little bit used to it, as if they think this is normal.

   In front of Abel's eyes, there are multiple big screens.

  Some of them display the data of various precious metal futures in major futures markets around the world.

  Some are the data of the major stock markets around the world, those stocks.

  A wall composed of dozens of large screens, covering most of the investable categories in the world.

  Abel looked at it casually, and walked to his favorite foreign exchange screen.

   There are a total of three large monitor screens, on which are the trend charts of a large number of foreign exchange varieties.

   Abel glanced over and activated his own talent.

  Under this kind of attention, the British pound is a currency exchange, which has attracted his attention.

   Immediately he ordered the staff to open the GBP/USD chart.

  He noticed that in the current daily chart, GBP/USD has fallen for 6 consecutive days.

  In the monthly chart, GBP/USD has fallen to near the 5-day moving average, and there is strong support here.

   To understand these, you only need to study some foreign exchange investment materials to understand.

  But if you want to find business opportunities and profit points here.

   Either they are particularly sensitive to this aspect of the transaction, or it is pure luck.

  Abel is neither of the two, he belongs to the third type that can be hacked.

   After just watching for a few minutes, Abel decided on the next hunting direction of the Smith wolves.

   "It's good to make a short-term wave of sterling this time!"

  He turned around and took the microphone from David Mellon, who had been following him all the time, walking step by step like a humble schoolboy.

   "Our goal this time is the British pound in foreign exchange."

   "Who can tell me? How many tradable accounts do we have in the foreign exchange market?"

  Abel asked a question, but the ordinary staff below did not need to answer it.

  David Mellon was beside him, already raising his hand like a schoolboy.

   "The total quantity is 3500!"

  Abel looked at David Mellon amusedly, but his smile quickly disappeared.

  Because he saw desire in the eyes of David Mellon.

   That's the desire of Wall Street's money hyenas when they hunt for money.

   "Then tell me, how much money is available in the Smith Capital account?"

  Same as the previous question, David Mellon answered in seconds: "$13.05 billion!"

  Before I knew it, it was only two months.

  Smith Capital's funding has grown from around two billion dollars two months ago.

   Crazy expansion to the current 13 billion.

   Among the 13 billion, 3 billion is the 3 billion US dollars that Smith Capital first privately raised.

  The other 10 billion U.S. dollars are the escrow funds in Abel's own name, which are hung in Smith's capital account, and the interests earned from previous investments.

  $13 billion.

   Calculated, it is roughly about US$5.5 billion for private equity funds, and Abel has US$7.5 billion in custody funds.

in other words,

   Does not count Abel's assets outside of Smith Capital.

  Just on the side of Smith Capital, his available cash flow is as high as 7.5 billion US dollars.

  Plus private placement, that's 13 billion!

  Counting his investment outside.

  The Los Angeles Times claimed he was a billionaire, and that wasn't wrong.

  After getting these two data.

  Abel held the microphone and said:

   "Then we'll play pen big this time! I declare that after the plan starts, all Smith Capital operators are not allowed to leave the Smith Building!"

   "Everyone who wants to participate in this event must submit your contact information."

   “During the investment period, the entire Smith Building was a financial safe house.”

   "No one is allowed to go out, and no one is allowed to contact outsiders except me."

   "Those who can't do these things can stand up now. I can give you a few days off with pay."

  After Abel's words, the employees of Smith Capital, which were originally quiet, became a little commotion again.

  The entire Smith Building, turned into a financial safe house?

  All traders in the company can participate.

  This.. This scene is so big!

   "I'll give you three minutes to think about it!" Then everyone heard the boss say that again.

   Three minutes later.

   No one wants to leave.

  Before this, Smith Capital has never played so big.

  This time the game is going to be so big that many people want to know what the boss wants to do.

  In addition, they completely surrender to the decisions made by the boss who has been victorious in all battles.

  Since it is a huge move, it means that there may be super exaggerated profits after that.

   For wage earners like them, that is a huge bonus.

  In this case, none of the wolf cubs of the Smith Wolves would refuse.

"it is good!"

  Abel nodded in satisfaction.

  He has just decided.

  If some people really don't want to participate, then he will let these people leave on vacation on the surface.

   But looking back, he will definitely fire these people.

  Capitalists, what they say and what they actually do, how can it be the same.

   “David, I'm going to use $10 billion this time.”

   "We want to go long against the British pound!"

   "There are 3,500 accounts in total, and 1,000 are selected. Let each of their traders operate 10 accounts!"

   Before the action begins.

   The 10 billion US dollars of funds of Smith Capital will also be divided into 1,000 accounts.

  Each account has a fund of 10 million US dollars, and these accounts are all located in the top banks in the world.

   David suppressed the shock in his heart and said: "10 billion! It's still foreign exchange!"

  With 10 billion US dollars of funds to go long against the British pound, David was shocked, the funds are too huge!

  $10 billion in funding, what a concept!

  Even the Bank of England has to shy away from using big leverage.

  Although Smith Capital also spent close to 4 billion US dollars in funds when it was doing international crude oil futures last time.

   But that is international crude oil futures, and its risk is far lower than that of foreign exchange.

  Even London Gold, under normal circumstances, has a much lower risk than foreign exchange.

  The risk of 10 billion US dollars in foreign exchange transactions and international crude oil is not of the same magnitude at all.

   But at the same time, in terms of profit, it is not an order of magnitude.

  The higher the risk, the higher the reward.

   But. David Mellon did not mean to dissuade.

   Today, he has been with Abel for almost a year.

  The investment operation and ability of Abel is already the kind of blind trust.

  Thinking of this, David continued: "Boss, we are ready to fight now!"

  Abel immediately said: "Well, then you start to build long positions in the European market today, GBP/USD, GBP/EUR, GBP/CAD..."

   "This time it's just a short-term long position!"

   "We'll tell you when the time comes to start closing positions!"

  This time, the 10 billion US dollars of funds will be fully long against the British pound, but it can't be sloppy.

  The British pound often rises and falls sharply, especially because of the problems in Scotland. Its trend is particularly violent. If the position is not well established, it is very easy to be passive.

  If the closing position is not good, even in the case of long profits, losses may occur due to the sudden plunge of the pound.

   This time, I am going long against the British pound, even if it is open, Abel intends to supervise more.

  David Mellon said solemnly: "Boss, I understand!".

  As a noble son of Wall Street, David also understands the trend of GBP currencies.

   At present, GBP/USD has fallen for 6 consecutive days, and the downward trend is still very obvious.

   If it were him, he would not dare to go long GBP/USD!

   GBP/USD has fallen for 6 consecutive days. This kind of bottom-hunting behavior is very unwise.

   But Abel is different!

   David felt, in front of Abel.

  Just execute the command yourself!

  (end of this chapter)

Chapter end