America's Road to Wealth

Chapter 145 Buying a Team and Blood Hunting

The meeting with Walid can only be said to be an inevitable coincidence.

Walid, a Middle Eastern stock god 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.

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

It 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 of Waleed's daily activities.

Strictly speaking, the American South has little 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.

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.

Everyone can 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 Walid naturally entangled him.

That's why this meeting happened.

In addition, it may be that there is a bit of nouveau riche temperament between the two parties.

Outside of 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.

November 2000th, 11

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

In front of Abel's desk stood seven men in well-fitting suits of different ages.

Next to these seven people, there was David Mellon who was watching the excitement, and David Jones who brought these people to Abel's eyes.

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."

"... Bivis Brook, senior accountant, previously worked for Brook."

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

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

"George Williams."

"Mary Choxie"

"."

These seven people, one female and six male.

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

These seven people are David Jones at the request of Abel.

Through American Express, as well as headhunting firms such as McKinsey and Heidrick & Struggles, he 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.

to decide whether to proceed.

This situation is very common among the rich.

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

And there is no consideration in this regard.

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

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.

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

It's just from the resume and education background, as well as the appearance.

Each of these people looks very elite.

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

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

At the same time it is obvious that over time.

The size of this team will continue to expand.

These seven people are just the initial members.

If they are later found by Abel to be unqualified, or if they don't like it, or if there is something that violates the rules.

They also get fired.

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

Everyone in the room was looking at him.

Abel smiled:

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

"Salary and benefits, as well as the promotion ceiling, etc., you should have already understood it."

"so."

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

"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 listen to them saying things like showing loyalty.

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

But he wasn't 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 "American Sun".

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

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

"Hey."

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

"I want you all 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 intact."

"This is my first review 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 walked out, the other David, who had been watching the show in the office, smiled and walked to the chair in front of his desk and sat down.

".Ha~ It looks very good. I have seen their resumes, and they are all 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 buying it right away." Abel said lightly.

"Ha~" David Mellon shook his head, "It's not that I don't know you well. 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 the property under the name of CSC?"

"Yes." David Mellon nodded.

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

The company has about 300 million customers in New York state and almost 700 million users in the northeastern United States.

Founded by Charles Dolan, it is a large group of companies on the East Coast.

David Mellon thought about it and added some information.

"I remember the TV sports department of CSC now, it's Charles Dolan's son James Dolan in charge. 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."

"Besides 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 situation. You want to buy the New York Knicks from them, it's not that easy."

David is worthy of being an old East Coaster.

In addition, he was on Wall Street and worked 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.

The main reason is that regardless of 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 highest 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.

In fact, there are 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, which has too many blacks, is a bit out of reach.

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

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

If you fail to do so, it proves that the purchase is very difficult.

Of course.

If you are willing to spend money.

For example, if the market value is US$20 billion, if you offer 30 billion [-] billion, then CSC will obviously be happy to part with it.

It's just that no one is willing to do this kind of loss-making business.

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

"Okay." Abel said: "I won't talk about this topic anymore. 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 say:
"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 of the noble son of Wall Street just now, and followed him energetically like a follower.

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

"Boss, where are we attacking this time!"

"I'll look at the chart 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 bloody 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.

The employees of Smith Capital who originally thought that today would be as calm as before.

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

Everyone got 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 allowed them to 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 suddenly die.

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 be magical, 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 all kinds of financial information on it under the watchful eyes 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 is estimated that Wall Street will think it is a neuropathy or a layman.

But at Smith Capital, everyone is used to it.

And they're all a bit accustomed to it, as if they think this is normal.

In front of Abel, there were multiple big screens.

Some of them display the data of the world's major futures markets and various precious metal futures.

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

The wall composed of dozens of large screens covers most of the investable categories in the world.

Abel glanced 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 gaze, the pound sterling currency exchange 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, the GBP/USD has fallen to around the 5 moving average, where there is strong support.

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 transactions in this area, or they are pure luck.

And Abel is neither, 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 do a wave of sterling in the short term 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 target 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, and the ordinary staff below didn't even need to answer it.

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

"The total number is 3500!"

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

Because he saw desire in David Mellon's eyes.

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

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

Like the previous question, David Mellon answered in seconds: "$130.5 billion!"

Before I knew it, it was only two months.

The funding of Smith Capital has increased from more than 20 billion US dollars two months ago.

Crazy expansion to the current 130 billion.

Among the 130 billion, 30 billion is the 30 billion US dollars of Smith Capital's first private placement.

The other 100 billion U.S. dollars is Abel's own name, the escrow funds hung in the Smith capital account, and the interests earned from previous investments.

$ 130 billion.

If calculated, it is roughly about US$55 billion for private equity funds, and Abel has US$75 billion in custody funds.

in other words,

Not counting Abel's assets outside of Smith Capital.

On the Smith Capital side alone, his available cash flow is as high as $75 billion.

Plus private equity, that's 130 billion!

If you count 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 this time we'll play pen big! 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, nor 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.

Turn the entire Smith Building into a financial safehouse?

All traders in the company can participate.

This... This scene is so big!
"I'll give you 3 minutes to think about it!" Then everyone heard the boss say this again.

3 minute later.

No one wants to leave.

Before this, Smith Capital had never played so big.

This time it is going to be such a big game, many people want to know what the boss wants to do.

In addition, they completely surrender to the decisions made by the victorious boss.

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 Smith's wolf pack would refuse.

"it is good!"

Abel nodded in satisfaction.

He just made up his mind.

If there are really people who 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.

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

"David, I'm going to use $100 billion this time."

"We want to go long GBP currencies!"

"There are a total of 3500 accounts, and 1000 are selected. Let each of their traders operate 10 accounts!"

before the action begins.

It is also necessary to divide the 100 billion US dollars of funds of Smith Capital into 1000 accounts.

Each account has a fund of 1000 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: "100 billion!! It's still foreign exchange!!!"

With 100 billion US dollars of funds to go long against the British pound, David was shocked. This fund is too huge!
100 billion US dollars of funds, what kind of concept is this!
Once big leverage is used, even the Bank of England has to avoid it.

Although the last time it did international crude oil futures, Smith Capital also used nearly 40 billion US dollars of funds.

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 much lower risk than foreign exchange.

The risk of 100 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.

Abel's investment operation and ability are already the kind of blind trust.

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

"At that time we will tell you when to start closing positions!"

This time, 100 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, if you are 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 sterling currency pairs.

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

If it were him, he wouldn't dare to go long GBP/USD!

GBP/USD has fallen for 6 consecutive days, and this kind of bottom-buying behavior is very unwise.

But Abel is different!
David felt, in front of Abel.

Just follow the orders yourself!

(End of this chapter)