America's Top Player

Chapter 68 Investment
Corresponding to the company's performance, Li Ang's wealth also increased accordingly.

The sales of "Take Me to Church" have declined over time, but this is understandable.

The music industry is updating and iterating at an astonishing speed, and listeners' tastes are becoming more and more discerning.

For a singer, if a song can stay in the Billboard TOP50 for more than five weeks, it means a lifetime of food and clothing.

Under the Apocalypse label, Robbie and Cardi B, two human money-printing machines, are still running at full capacity, making money for Leon day and night.

With sufficient funds, he simply asked Elsa to acquire Jones's clothing design studio in Los Angeles.

He really doesn't have the extra energy to manage the clothing business, so leaving professional matters to professionals is the best option.

After spending $20 to fully integrate Jones Studios into the Evil Angel brand, he still had more than $ million in liquid funds.

While that's enough money to buy a house in Brooklyn Heights, it's only enough to afford a pitiful one-bedroom, casket-like apartment.

He wouldn't be like those guys who threw all his hard-earned money on sports car engines and women's butts.

"It would be a problem if a kid from the ghetto suddenly became rich, wouldn't it?"

Phil happened to be present when Aisha reported the company's revenue for the new week.

"If you don't know how to spend your money, you can ask me. I can help you avoid many detours in this regard."

Leon glanced at Phil, "You?"

"I experienced what it was like to be a millionaire in the 90s. Back then, making money in this industry was as easy as robbery."

Although Phil spoke in a very exaggerated way, Leon didn't believe even a single punctuation mark.

Ever since Old Den made a killing on himself and Cuddy, he feels like he's back in the 90s.

When he was still a star manager.

Not only does he wear a suit and tie wherever he goes, he also meticulously grooms his hair with hair wax.

Even the battle-damaged Camaro was replaced by a brand new Audi Q5.

If it was just squandering, it wouldn't be a big deal. Old Deng could make over $100,000 every month from Cardi and Leon's commercial performances.

Compared to this, this amount of consumption is nothing.

What makes Li Ang quite helpless is that this guy is obsessed with stock trading. He stares at the stock information push notifications on his mobile phone every day, and even his enthusiasm for playing with women has decreased a lot.

Like an avid gambler.

"Isn't the stock market just a game for those capitalists living on the Upper East Side? Throwing your little money in will only get you reaped the rewards."

Phil responded dismissively, "Man, I've been trading stocks since the '90s. I have the ability to see beyond appearances!"

"I understand what those traders and big investors are thinking. I can sense the direction of the market!"

“No one knows stocks better than me!”

Phil acted as if he was brainwashed, and Leon knew that he couldn't wake him up no matter what.

I could only remind you calmly, "Have you forgotten how you nearly lost everything in 2000?"

"If you hadn't touched that thing then, maybe you wouldn't have gone bankrupt because of the divorce."

Phil was speechless for a moment and could only lower his head in silence.

His thoughts were drawn back to the Internet frenzy era 10 years ago.

In that era, Highway 101, which connects Silicon Valley's technology companies on both sides, was often congested.

You can't wait in line for an hour or two to eat out, you can't find parking at lunchtime, and you can't book a hotel on a business trip. Millionaires are being created every day.
All graduates hope to establish an Internet company and realize their dream of financial freedom.
At that time, there was a saying circulating among the people: "In the investment world, if you don't invest in Internet companies, you will be abandoned by the tide of the times!" As the millennium approached, Phil was rising rapidly at Epic Records, and his friends around him had always been optimistic that he would become the future helmsman of the company.

Therefore, even the entire future planning of Avril, the heavyweight newcomer, was handed over to him.

Phil was very successful at that time. Once a man has money, he will feel more confident at home.

No matter how he messed around with his wife, she had to endure it in silence.

He was even so cruel as to have sex with his sister-in-law in front of his wife.

Such shameless behavior ultimately led to his disastrous defeat in the divorce lawsuit.

All his arrogance eventually led to bad consequences, and he lost everything in the "Internet bubble" in 2000.

How can such a speculator teach himself how to manage his finances?
"Let's not talk about stocks, let's talk about serious matters."

Phil's thoughts returned to reality, he lit a cigarette and said, "Speaking of investment, you should ask your big brother JAY-Z. This guy is like being kissed by the goddess of luck. No matter what industry he invests in, he can make a lot of money."

"I heard he recently invested two million dollars in an internet company called Uber."

Leon asked doubtfully, "Uber?"

Phil spread his hands. "I'm not sure. It sounds like a small Silicon Valley workshop."

"Those MIT and Stanford grads with glasses can easily scoop up hundreds of millions of dollars with just a string of code."

"It's the same situation now as it was 10 years ago. It's fucking crazy."

Investing with JAY-Z seems to be a good choice.

People around him, including Beyoncé and P. Diddy, have made a lot of money by following the investment.

The New York Lottery King never misses.

But the problem is that investing in the Internet industry requires a lot of money and comes with huge risks.

He wanted to invest part of his money in order to optimize asset allocation rather than increase risk.

“Forget about investing in the Internet.”

The two talked about investment for a long time without any results, when Bonnie rushed in.

Seeing Bonnie's nervous expression, Leon asked, "What's wrong? Did something happen?"

Phil showed a lewd smile and took Bonnie's hand to sit on the sofa: "Don't be nervous, honey, old Phil will take care of everything."

"Take your damn hand away!" Bonnie glared at Phil and continued, "Have you read today's Entertainment Weekly?"

Li Ang waved his hand and said, "I never pay attention to that stuff. It's just boring gossip and marketing articles."

Snapped--

Bonnie threw a copy of Entertainment Weekly in front of Leon and said, "You should read this now!"

Li Ang took the magazine and glanced at it in confusion. In this most famous entertainment magazine in the United States, the negative information about himself actually occupied four full pages.

Some of it is somewhat true, but most of it is irrelevant and deliberate smear.

stealing panhandle money from homeless people in Brownsville's ghetto;
Hou Mi, a black man who backstabbed himself in the back for fame;
Having a relationship with an artist under his company;
To help his girlfriend rise in Hollywood, he dedicated it to Leonardo DiCaprio.
When he saw the "charge" of beating his mother, Li Ang laughed out loud.

He doesn't have a mother at all.

Li Ang put down the magazine and leaned back in his swivel chair. "It's just some fabricated gossip by some unscrupulous paparazzi. This kind of thing is very common in the entertainment industry."

(End of this chapter)