Year: I had a good time when I was young

Chapter 1028: Cheating is fun, cheating all the time is fun
So for Chu Xiangqian, the right time to take the money and leave was actually when the technology stocks in 97 and 98 had not yet reached their peak.

The forces that take over the stocks can make money, and some stocks can even double in value, so naturally no one will make things difficult for him.

Chu Xiangqian had two or three years to slowly retreat without attracting too much attention or jealousy.

Some people even laughed at him for being timid, leaving the market when the market value of technology stocks was still halfway up the mountain.

But for Chu Xiangqian, whether he takes away 200 billion or to billion, the money that actually reaches his hands is the real profit.

Otherwise, it's just a bunch of numbers in the stock market.

When the real avalanche happens, the stocks of many technology companies will be no different from waste paper.

However, there is still gold in this garbage.

The lowest stock price of Wangyi, a pig farmer, was only a few tenths of a dollar. However, in just two or three years, the stock price skyrocketed to seventy or eighty dollars.

Apple and Microsoft also have records of peaks and troughs, and then climbing back to the peak.

There is a huge room for maneuver here. There is even a force within Apple that specializes in buying low and selling high, and has been sucking blood from Apple.

However, the ending for this group of people was not very good.

If you play like this often, you are bound to make mistakes, and many of you will end up suffering huge losses.

And it is very easy to arouse envy, but Chu Xiangqian does not need to keep an eye on it all day long. He just needs to make a quick buck at a few points and leave.
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Since Morgan Jr. has obtained a transaction quota of 1.2 million, and people like Robert will not compete with him for the jewelry market, at least they will not compete with him for the jewelry market on the East Coast.

I don't care that much.

After all, to be honest, no one can monopolize the jewelry industry. What Morgan wants is to monopolize the good stuff in Chu Xiangqian's hands as much as possible.

However, from the very beginning, this business involved not only McDonald, but also Zhou Dafu, a jewelry company, as the middleman.

So Little Morgan never actually thought that he could truly monopolize the jewelry in Chu Xiangqian's hands.

Moreover, the jewelry industry is not actually J.P. Morgan’s main business.

There was no need to offend Chu Xiangqian and finally push him towards the West Coast Consortium.

So even if he wanted to blame someone, Morgan Jr. would only hate the forces on the West Coast, rather than Chu Xiangqian, the supplier who controlled the seller's market.

After talking about business, tonight's boxing match reached its most exciting stage.

Berbick vs. Ali.

Chu Xiangqian was also very interested in this match. After all, Ali was more popular in the 1960s and 1970s than Tyson was in the future.

However, in Chu Xiangqian's eyes, if Ali at his peak fought against Tyson at his peak, Tyson would win more than 8% of the time.

The technology of the 1960s was still far behind that of the 1980s.

But there is still a chance to beat Tyson.

When Ali came on stage, Chu Xiangqian could tell at a glance that this 39-year-old world-renowned boxing champion had gained a lot of weight, which resulted in a decrease in the flexibility of his feet, and his strength was indeed no longer as strong as when he was young.

However, he is still standing in the boxing ring at the age of 39, which is admirable but also helpless.

Indeed, few female boxing and other ball sports athletes have saved enough money for retirement at the end of their careers.

Most of the time, they don’t even know what financial management is.

There are many people who spend as much as they earn, and even go into debt.

Ali, who had retired the year before last, made a comeback last year. In Chu Xiangqian's opinion, it was all about money.

Before the game started, Little Morgan smiled and said to Chu Xiangqian, "Stark, are you interested in playing a game?"

Chu Xiangqian was stunned and looked at little Morgan with some inexplicable eyes.

He secretly thought that this boy was really brave, daring to bet on fighting with him.

As soon as little Morgan saw Chu Xiangqian's eyes, he knew that this guy had misunderstood.

He waved his hands and explained, "Don't look at me like that. I just wanted to ask you who you like. I'll bet with you to earn some gas money for a private jet."

Brooke and Gina behind him were surprised when they heard this.

The two little girls had no idea that in little Morgan's heart, Chu Xiangqian was the true king of no-holds-barred fighting.

Little Morgan saw the ghost Chu Xiangqian with his own eyes when they went hunting in Alaska together in the mid-1970s.

Relying on a dagger, he hunted down a 600-kilogram adult male brown bear alone.

Just thinking about it, the bear was 1.5 meters tall at the shoulder and at least meters tall when standing up, little Morgan couldn't help but feel afraid of Chu Xiangqian.

Unfortunately, for someone of Chu Xiangqian's status, no matter how much money the competition organizers and the three major boxing organizations spend, it is impossible to successfully invite him to the stage to fight.

Chu Xiangqian thought about it and realized that he had never watched this game in his previous life, but he remembered it very clearly since Ali had announced his retirement two years ago.

Plus, he is almost 40 years old, so his performance after his comeback will definitely not be much better.

After retiring, Ali tried to open a chain of hamburger fast food restaurants and worked as an actor, but unfortunately both failed.

I haven't trained for more than a year and I'm already middle-aged. The probability of returning to my peak period is basically zero.

Even 7% of the combat effectiveness at its peak cannot be restored.

And we just learned from little Morgan that Ali lost his comeback match last year.

He lost badly. After 9 rounds, his face was so swollen that he couldn't open his eyes.

I am one year older this year, so the probability of successfully completing the challenge is even lower.

However, if you want to make money, make a lot of money, you often need to take some risks.

Not to mention, Chu Xiangqian has cheated in betting on fighting competitions more than once or twice.

During the Neon Olympics, he cheated and won millions of dollars from several high-ranking executives of Sony Corporation.

Therefore, the more the outside world is pessimistic about Alibaba, the higher the odds will be.

Chu Xiangqian thought for a moment, then turned back to Boji and said, "Honey, help me bet $1 million that Ali will defeat his opponent after eight rounds."

Brooke was stunned after hearing this. Little Morgan and Gina were also surprised by Chu Xiangqian's prediction.

Ali's first fight after his comeback last year was in Las Vegas, against new heavyweight champion Larry Holmes.

The two fought for 11 rounds before Ali was declared the loser.

However, by the ninth round, everyone already knew that Ali was doomed to lose.

It is understandable that Chu Xiangqian is betting on Ali to last for 8 rounds, after all, he lasted for 11 rounds last year.

But he is already 39 years old, and the more rounds he fights, the worse his physical strength will definitely be.

When Brooke took the check for $100 million to invest, many people were shocked that such a young and beautiful girl dared to make such a bet.

Of course, there were also many people who looked at Brooke with unfriendly eyes. One could tell at a glance that these people must have had conflicts with the then-glorious Ali.

After Brooke came back, Morgan Jr. considered it over and over again for a long time and decided to ask someone to bet 1 million and bet on Ali to succeed in the challenge after 8 rounds.

As for Gina, the little girl wanted to follow suit, but she didn't understand Chu Xiangqian as well as her biological father, Morgan.

I bought Ali's challenge and it failed, and the odds were only 1.47.

It is equivalent to buying 10, and finally paying 14.7 US dollars including principal and interest.

Just from the odds, it actually shows that most people are not optimistic about Ali.

However, the odds that Chu Xiangqian bought were 4.52. Although Morgan Jr. followed suit, the odds were not fixed, so they were only 3.7.

Needless to say, the ending was obvious. In the first eight rounds, Chu Xiangqian himself was a little scared.

It was indeed the case that Ali's strength had declined, which was beyond Chu Xiangqian's expectations.

Fortunately, Ali's strategy was to defend from the beginning, so although the first eight rounds were very difficult, he managed to hold on.

In the ninth round, Chu Xiangqian suddenly had a soybean in his hand.

From a distance of several dozen meters, he flicked his finger and accurately hit Burbick's ankle.

Ali has been on defense for 8 rounds. Although his strength is not as good as when he was young, his experience and skills are far better than before.

In the one second when Berbick paused, he seized the opportunity and punched Berbick hard on the chin.

Knocked down the young boxing champion directly.

The scene suddenly became quiet, followed by huge noise and cheers.

Ali himself didn't realize why Berbick's steps were a beat slower, but that didn't stop him from raising his hands high and roaring loudly around him.

Brooke, who had been quiet all the time, jumped up excitedly and kept clapping towards the boxing ring.

Chu Xiangqian smiled, stood up and clapped his hands in agreement.

After being shocked, little Morgan and Gina couldn't help but look at Chu Xiangqian with an inexplicable light in their eyes.

While the outside world generally was not optimistic about Ali, Chu Xiangqian was able to accurately predict that the boxing match would last until 8 rounds.

He also miraculously predicted that Ali could defeat his opponent.

This kind of vision is truly admirable.

Little Morgan also had some other thoughts in his mind because of this game.

Just like in the past decade or so, Chu Xiangqian’s undefeated record once again weighed heavily on his heart.

Only after Chu Xiangqian failed, his enemies and collaborators would dare to have other ideas.

Otherwise, you can only keep cooperating with him.

Or hide and dare not show your head.

Chu Xiangqian glanced at little Morgan and saw some of what this guy was thinking.

With a smile on his face, he thought that whether our relationship in the future would be enemies or friends was a matter for the future.

Now, the main thing is for everyone to make money together in peace and stability.

Although Berbick stood up shakily when the referee called out 7.

But that punch just now was indeed heavy enough.

A heavyweight boxer's punch usually weighs around 400 to 500 kilograms.

In addition to its heavy punch, its penetrating power is also extremely strong, hitting the chin and causing the cerebellum to lose balance.

This is also the main reason why heavyweight boxers are often able to knock down their opponents with one punch.

Ali, who successfully completed the challenge, naturally became a star that was once again sought after by the general public and the media.

Chu Xiangqian, who received a check for $452 million, bought a 14-acre beach villa near the Long Island Beach in New York.

As soon as Brooke saw this English-style manor villa, she fell in love with it.

However, for Chu Xiangqian, the 14-acre manor was indeed too small.

It is hundreds of times smaller than his two estates in Yingguo.

Even Margaret's manor outside London is dozens of times larger than this one.

Fortunately, being small also has its advantages. The cost of maintaining a villa is much lower, and it also appears to be more cozy.

Moreover, this is a wealthy area in Long Island, New York, and is close to the beach, so there is indeed not enough land for you to build a super-large manor.

On the night that the house was bought, Morgan Jr. took the initiative to take over the task of hosting the banquet.

Fortunately, he also knew that Chu Xiangqian didn't like socializing and was always cold towards strangers.

Therefore, the guests invited were basically those Chu Xiangqian knew or had worked with before.

What Morgan Jr. didn't expect was that that night a major shareholder of Gulf Oil tentatively asked Chu Xiangqian whether he was interested in the Garden Square Stadium.

Hearing this, Chu Xiangqian was stunned at first, then delighted.

But after thinking carefully for a moment, he quickly shook his head and refused.

In the long run, if we buy the stadium in Garden Square, the future profits will definitely be huge just from the appreciation of the land price.

Not to mention the countless attention brought by this stadium, which is much better than advertising.

But most people don’t know the trouble here.

Chu Xiangqian remembered that this was because of things like the relocation, expansion, or demolition of stadiums to build skyscrapers.

For many years to come, the stadium owner was always at odds with the New York City government and the mayor.

The two sides had several lawsuits, and although the stadium owner won every time, the owner also paid a huge price to keep the stadium.

With his own financial resources, the stadium, which is worth only over 2 million and no more than million US dollars at the moment, is really nothing.

The value will increase more than ten times in the future.

But for the sake of this business, he has to devote his energy to countless lawsuits, and face the envious and jealous eyes of the capitalists who are eyeing this land. This rate of return is really not worth it.

With these $200 million, if you directly buy JPMorgan Chase stock, the return rate will be higher than the stadium.

Unfortunately, although Morgan Jr. said that he and Chu Xiangqian were close partners and friends, he could not respond to Chu Xiangqian's joking tone when he said that it would be better to invest in Chase Bank.

He immediately laughed it off and changed the subject.

Chu Xiangqian couldn't help but look at little Morgan with contempt.

This guy pretended not to see it, and smiled as he revealed all the troubles that the Garden Square Stadium had encountered over the years without hiding anything.

This made the Gulf Oil shareholder very embarrassed, but he didn't dare to get angry.

Over the years, Gulf Oil has indeed lost the glory it once had as one of the Seven Sisters of Oil.

It even got to the point where the losses were so severe that it was on the verge of bankruptcy.

Not to mention offending J.P. Morgan, he also needs to beg the other party for financial support.

Seeing this, Chu Xiangqian couldn't help but despise Morgan even more, but business is business.

And I am also waiting for a suitable opportunity to visit the small town of Mena in Arkansas.

All the countless cash that Barry Hidman had hidden over the years was stolen.

After thinking about it, he took the initiative to speak to Morgan.

“I would like to entrust Chase to help me purchase 2 million shares of Magnesium Bank, Wells Fargo, Citigroup and Chase.

And I pay cash.”

Now not only did Little Morgan become interested, but other people's evaluation of Chu Xiangqian also rose several levels again.

Being able to come up with 2 million in cash at one time is enough to make most Wall Street institutions treat him as their own father.

Moreover, spreading the funds among four banks was Chu Xiangqian's way of showing that he only wanted to invest and had no interest in the power of the banks.

So little Morgan changed his previous attitude and became more enthusiastic towards Chu Xiangqian.

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(End of this chapter)