A decent yacht or private jet can easily cost tens of millions of US dollars, which even wealthy people may not be able to afford.
“I didn’t say I’d buy it now; there will always be opportunities in the future,” Mike said, dreaming about the future.
After all, once you have a certain amount of money, how to spend it and enjoy yourself is also an art.
Yachts, beaches, sunshine, bikini beauties—you can enjoy them all if you have the chance.
“You’re the boss,” Chris said, convinced by Mike’s claim. He then pulled out a stack of documents and continued, “Also, the company is looking for a lawyer to work with. What are your thoughts?”
A company needs a lawyer to handle issues such as tax avoidance, commercial disputes, and the protection of intellectual property rights and trademarks.
A qualified business lawyer can be considered a protective shield for a company.
"This one will do." Mike pulled out a file labeled "Manny" from among the many files.
This Mr. Manny may not seem particularly impressive now, but he will become the most legendary lawyer on Wall Street in the future.
His specialty is handling financial disputes.
Moreover, this person is the type who gets paid to do things, and they are honest and straightforward, so they won't cause unnecessary trouble for their clients.
Mike recalled that it was this lawyer who facilitated Jordan's future foray into foreign exchange.
“OK, I’ll have someone contact Mr. Manny later.” Chris had no objections.
King Investment Company is still in its early stages and not very large yet, so it doesn't need any particularly famous lawyers.
Attorney Manny has a clean resume and reasonable fees, making him a perfect fit for the company's current requirements.
As time passed, the black minivan smoothly drove into the bustling Fifth Avenue.
The location here is no less impressive than Wall Street, where land is incredibly valuable. The streets are lined with some of the world's most expensive luxury stores.
The Qianning family, which owns an independent commercial building here, demonstrates their considerable power.
“I think you should wear a tie.” In front of the building, Chris pulled out a spare red tie, looking even more nervous than Mike.
This private gathering was initiated by Martin Channing, a rising star on Wall Street, so it's safe to assume that the attendees were all important figures.
In Chris's view, this was a good opportunity for Mike to make connections with "powerful and influential people".
Even if you can't make friends, it's good to leave a good impression.
"No need for a tie, I'm fine as I am." Mike, dressed in a casual suit, looked very relaxed.
He knew perfectly well that if he didn't meet the social standards, even if he tried to befriend them, he wouldn't get any "friendship."
The main purpose of this trip is to broaden my horizons.
Forget about associating with the "powerful and influential"; Mike neither wants to nor can he do it.
“Okay, you’re the boss.” Chris seemed to have gotten used to his young boss’s unconventional ways.
Then he said, "I'll wait for you in the parking space over there in a bit."
At Qian Ning's family gatherings, only one person could enter with each invitation.
At the entrance of the magnificent commercial building, Mike handed over the invitation and was led into the building by the doorman, then took the elevator to the reception room on the top floor.
By this time, quite a few successful people dressed in expensive suits and wearing expensive watches had arrived. Among them were also several beautiful ladies adorned with jewels.
In addition, the reception hall was decorated in a luxurious and grand style, with waiters carrying trays walking around from time to time.
Everything here suggests that the owner of this place is an extremely wealthy person.
To put it aptly: every breath you take here smells like money.
Mike's arrival did not attract much attention.
Even though some people were surprised by his good looks, they didn't rush up to say hello.
Mike, enjoying the peace and quiet, took a glass of champagne from the waiter's tray and walked to a corner.
The people chatting in the middle of the hall clearly knew each other; it wasn't easy to join such a small group without an introduction.
"Hey, you look unfamiliar~" A young man in his twenties with a mature appearance walked up to Mike and exclaimed, "I bet I've never seen you before. Otherwise, with your good looks, I would definitely remember you."
The young man seemed very talkative, and his eager expression indicated that his purpose in coming here was to make connections.
Unfortunately, the successful people in the center of the hall seemed to look down on this young man.
Therefore, he settled for second best and approached Mike, who was also young and suspected to be a rich second-generation.
"Thank you for the compliment. This is indeed my first time attending a gathering like this," Mike replied with a smile, showing no dislike for the ambitious young man in front of him.
In this era of rapid economic development, having ambition is also a admirable quality.
"By the way, I'm Jordan Belfort, a stockbroker. What do you do for a living?" The observant Jordan had already noticed that Mike's suit wasn't designer. Therefore, he began to suspect Mike's "rich kid" status.
It's not that Jordan is snobbish; figuring out the exact situation of the person he's dealing with is a basic quality of a competent manager.
This is considered an occupational hazard.
After all, only by understanding the customer's situation and needs can you better promote the product.
This "product" can be a commodity, or it can be oneself.
Chapter 341 The Wolf of Wall Street
Jordan Belfort? The Wolf of Wall Street?
Mike was a little surprised after hearing the young man's self-introduction. He hadn't expected to run into him at such a party.
It's worth noting that Mike had previously asked Chris to listen to information about the other party.
This Jordan possesses exceptional eloquence and sales skills, and his favorite question is, "How do you sell this pen to me?"
Moreover, he is happy to share sales techniques and possesses the qualities of a "gold medal lecturer," and he is also very good at cultivating talent.
He is a rare and valuable leader.
“My name is Mike Quinn, and I’ve made some money on stocks.” Mike said, while sizing up the young man opposite him.
According to Mike, this Mr. Jordan is probably just starting out and his net worth is only in the tens of millions.
Normally, he wouldn't be qualified to attend this kind of private gathering.
"Oh, we're in the same line of work. It's nice to meet you." Jordan smiled, but in his mind, he was wondering if the surname Quinn even existed on Wall Street.
Unfortunately, Mike looks too young, making it hard to believe he could build his business from scratch.
After confirming that the Quinn family name did not exist on Wall Street, Jordan had to categorize Mike as one of his own.
Those who refuse to be mediocre and seize opportunities to climb the ladder.
"Which stock are you trading right now?" Jordan found it hard to resist the urge to chat with such a young colleague.
“I’m involved in the technology, healthcare, and food industries,” Mike replied.
He didn't deliberately remind the other party that he was a shareholder, not a stockbroker or trader.
These two identities may seem to have something in common, but in reality, they make money in very different ways.
"Technology, healthcare, food? These industries are indeed very profitable right now, but for us, they are not the best choice." Jordan shared his experience: "You know, we can only get more commissions by keeping our clients' funds locked in the stock market for a long time."
Yes, in Jordan's view, the way stockbrokers make money is by keeping clients in their hands for the long term and using their money to make money for themselves.
In this situation, junk stocks are the best choice.
Whether the client's stocks make money or not is not important.
Furthermore, if shareholders make too much money from their stocks, there's a high probability they'll immediately cash out and run. Without these clients, stockbrokers naturally won't make any money.
A seemingly absurd yet "reasonable" logic.
"Tell me more about it." Mike, who had nothing better to do, didn't mind spending more time with Jordan.
If this kind of talent is used properly, it can often produce remarkable results.
As for the other party's low standards and willingness to swindle money from ordinary American citizens, what does that have to do with Mike?
"Those junk stocks that can't be sold are the real remedy for us. There's a lot of room for maneuver in them..." Jordan explained his experience, including buying low and selling high, trapping retail investors, and profiting from both sides.
Jordan used this method to sell a large number of unwanted stocks to the poor, thereby earning himself a lot of commissions.
"So what we need to do is not find out which stocks are making money. It's figure out how to sell the junk stocks." Jordan concluded his remarks.
Perhaps because he grew up in a poor family, Jordan, despite his quick wit and eloquence, was limited in his vision and knowledge, which restricted his development.
This is why, after he made a fortune manipulating the stock market, he didn't think about becoming a tycoon, but instead focused on transferring his money to a Swiss bank abroad.
Little did they know, this was precisely the path to disaster.
For any nation, transferring its assets abroad is tantamount to undermining its very foundation. From a legal and sustainable development perspective, this act is not permitted by the nation.
Therefore, it is not surprising that Jordan was subsequently targeted by both the FBL and the IRS.
"Hmm, that's an interesting theory." Mike smiled, without correcting the other person's misunderstanding.
For Jordan, who was full of vigor and ambition, the best time to "buy him off" was only after he had truly suffered a loss.
All I can say is that those who play mind games have dark hearts.
Mike was no exception.
"Just a little cleverness, nothing to brag about." Despite saying that, Jordan was still very happy that his theory was being recognized.
Perhaps because he liked Mike, Jordan then decided to offer some real advice: "Here's what you do: try selling me this glass of champagne now."
Sure enough, this information is very valuable and practical.
Jordan smiled and placed the champagne in front of Mike.
This is clearly an unusual issue related to selling ** (a euphemism for sexual activity).
"Is attending a private party like this something to celebrate for us?" Mike accepted the challenge.
They are trying to sell champagne to Jordan.
“Of course,” Jordan replied.
Despite having a net worth of only tens of millions, he had to pull many strings to have the opportunity to meet with so many successful people at the event.
"Then what are we waiting for? Let's raise a glass to celebrate today." Mike pushed Jordan's champagne glass back in front of him.
True salesmanship is simple and straightforward; it's nothing more than finding or creating opportunities to "deliver" your goods to the other party.
"Perfect!" Jordan couldn't contain his smile, feeling like he'd found a kindred spirit. Then, he praised, "I guarantee you'll become a super-rich man. Even if you aren't now, you'll definitely succeed in the future."
For Jordan, becoming rich was the greatest success.
When the wine glasses touch, they make a crisp clinking sound as the wine swirls around.
In a good mood, Jordan was already considering whether to develop this young man into his teammate.
Ambitious Jordan is no longer content with making small profits. He is planning to manipulate a stock to amass a huge fortune.
Of course, manipulating the stock market is a borderline activity; once discovered, bankruptcy is the least of the problems, and there is a high possibility of imprisonment.
After a few glances, Jordan decided to play it safe and conduct further investigations before bringing anyone on board.
Just as the two were chatting, many more guests arrived in the living room. The time for the gathering Martin Channing had arranged was fast approaching.
Please take your seats according to the directions on your invitation.
On the small stage at the very front of the hall, a middle-aged man who looked like a butler was greeting the guests.
The hall for this gathering was divided into two areas: a large free space and a small podium set up at the front of the hall.
Several rows of chairs were placed below the podium.
It's clear that this private gathering organized by Martin Channing was more like a networking event for the wealthy.
This also explains why Jordan would go to the trouble of coming to the event.
Sometimes, insider information means opportunity, and opportunity often means money.
"You're in the front row?" Jordan, who was about to pull Mike to a corner seat in the back, twitched his eye when he saw the seating arrangement on the invitation. "Looks like I need to get to know you better. How about I treat you to a drink sometime?"
At such a private party, the seat number may not tell you everything, but it does suggest that Mike is also a person of "status".
This gave Jordan the feeling that his "little brother" had suddenly become a key player.
“OK, I’ll definitely go if you treat me,” Mike replied with a smile.
Then, amidst Jordan's envious gaze, Mike went to sit down in the middle of the first row.
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