Chapter 90: Wall Street
New York City, Manhattan Street.
Through the car window.
Abel saw a narrow, but bustling street.
Its name is Wall Street.
That's right, it's that Wall Street.
Don't think Wall Street is great, but if you look at the real area, Wall Street is just the name of a large street in the southern part of Manhattan in New York City, stretching from Broadway to the East River.
With a length of only one-third of a mile and a width of only 11 meters, it is a transliteration of the English "Wall Street", which originally means "Wall Street", and Americans often refer to it as Wall Street.
The streets are narrow and short, only seven blocks from Broadway to the East River, but it is known as the "financial center of the world."
There is a poem that says, "The great New York is condensed in Little Wall Street, and Little Wall Street reflects the great New York."
I found a paid parking lot nearby and parked my temporary rental in Lincoln City.
Able stepped into Wall Street.
He had learned a little bit about the history of Wall Street as the world's most famous financial center.
This honor was originally London's.
In the beginning, the earliest stock transactions were carried out privately, with neither an open market nor information channels, and most of them changed hands through stockbrokers as intermediaries.
The world's first joint-stock company, the Dutch East India Company, was founded in the 17th century, when the citizens of Amsterdam subscribed and traded securities near the church, which was the heart of the city at that time.
After the establishment of Wall Street, after the first stock market crash on Wall Street, under the plane tree that represented Wall Street that year, several stockbrokers signed industry norms to avoid repeating the mistakes of the past, and the New York Stock Exchange was born.
Later, in the 19th century, a journalist named Charles Dow found that people who trade only know the rise and fall of individual stocks, but do not have a good basis for judging the overall market, so they put together the daily closing prices of several large companies that are most actively traded together to calculate the average - this is the Dow Jones index.
Most of these histories are interesting to ordinary people, but in Abel's view, they have no effect other than listening to them as stories.
He personally doesn't have a good feeling about finance.
He feels that the financial industry, like real estate, is actually two terrible vampires parasitic on society and industry.
The difference is.
No matter how much real estate sucks blood, it is really visible, and it also creates a lot of jobs and ancillary industries.
And the financial industry ......
Except for a group of elites and tycoons at the top of the pyramid, the bottom does not enjoy any of the benefits of this industry.
And because the financial industry makes money quickly, it frantically absorbs a large part of the elite in human social groups. These elites choose to join the financial industry because of their treatment and remuneration. If they dedicate themselves to science with their intelligence, the scientific process of mankind can be improved by at least ten or twenty years.
It's just that although he doesn't have a good impression of finance, and he doesn't plan to run the financial industry seriously, Abel has no bad feelings about small money.
This time he came to Wall Street.
It's not a tourist to witness the drunken lantern fans of Wall Street. He came here for a little money.
At D13, West 13 Wall Street, at the door of a skyscraper, Abel found the man he was looking for.
John smith.
Working for the famous Goldman Sachs Company, a senior stockbroker at Goldman Sachs Investment Bank, his job is to help those who have money to invest, speculate in stocks, foreign exchange, securities, futures - everything that can be speculated, as long as the rich people want to.
Just like today.
John Smith hosted a young wealthy man from Los Angeles through an intermediary introduction.
It's Abel.
"Hey, Mr. Sephorosa, I'm John Smith. Mr. Edward Sephorosa introduced you to me, you are really young! At your age, I still think about picking up girls, speeding cars, and knocking leaves in the MIT all day long!"
As soon as they met.
John Smith is a passionate expression of his self-acquaintance.
He does this to every guest.
John Smith's self-understanding is that the financial industry is a service industry, and if you want customers to believe in you, you have to make them happy like the best hotel waiter!
This is the motto of his work.
Therefore.
He was very welcoming.
"Please go this way. Mr. Sephorosa, I heard you like coffee. I've prepared the best Blue Mountain coffee waiting for you. Here, the 16th elevator ...... Slow down ......"
Abel hadn't said a word.
John Smith arranged almost everything for him, more than the personal butlers of the top five-star luxury hotels at the Hilton and InterContinental.
There was little need for him to speak along the way, and when he could start talking. It's already in a VIP room upstairs at Goldman Sachs, and John Smith has already brewed coffee and prepared dessert.
"Hoo ......"
Taking a sip of the coffee sent by John Smith, Abel couldn't help but sigh: Sure enough, the money still has to be earned by these people!
Looking out of the huge floor-to-ceiling windows next to the sofa, the bustling and glorious New York from a bird's-eye view is not far from Times Square.
Goldman Sachs' New York headquarters.
It's right in the middle of Wall Street and Times Square, overlooking Wall Street on one side and Times Square on the other.
This is called "Wall Street's most efficient and secretive money-making machine", and the location is so superior.
After completing the achievement of looking down on Wall Street and Times Square from above, Abel put down his coffee and slowly spoke with a smile in the expectant eyes of the other party.
"Mr. John Smith. I'll call you Smith from now on, okay?"
"Oh, of course, whatever you want to call it, it's all right!"
"That's right. Smith. This time I'm in New York, and I don't want to do anything else. I just want to invest, and I hope you can help me. ”
"Of course! That's what we do! Help our clients make money, help our clients invest! That's what I'm alive for, dear Mr. Sephorosa! Whatever you want to invest in, Goldman Sachs and I can help you!"
"It's because I believe in Goldman Sachs and my father introduced you that I'm sitting here and drinking the coffee you made for me. ”
"Oh! of course. We are trustworthy and Mr. Edward Sephorosa is an excellent businessman. I remember in 1985, he had a soft spot for steel, and he invested $5 million to short steel futures with leverage! In the end, he took $5 million, and with our help, he took more than $18 million on Wall Street!"
"Hehe......"