Chapter 5 Haha, how is that possible?
"You've done a great job, Pipon, and not everyone can get ten times the profit, especially if you're still ...... Young. "www.biquge.infoGrandpa divides the coiled cod with a knife and fork.
The pair of knives and forks were very flexible in his hands, and he hardly made a sound, unlike Li Xu, who would cut the plate from time to time. Although he had carefully controlled his strength, it was still quite clear in this quiet garden.
Fortunately, because his business was really good, and grandpa had always turned a blind eye to it.
"At your age, I'm still working part-time in the mailroom, and as for your father, he only knows how to play. When talking about his father, his grandfather's tone was slightly dissatisfied.
"Thank you. Li Xu smiled slightly, but didn't say much.
As I said before, this is grandpa's territory, and the old man likes to nag the most, and when he nags, he likes to recall the past, and when he recalls the past, he likes to take out his father...... Well...... criticized the fight, Li Xu was not interested in participating in these.
Second, there are so many things to deal with, in addition to smiling and maintaining etiquette and minimizing the sound of plates, he also dedicates his energy to pay attention not to use the wrong utensils.
In formal Western food, there are rules for the tableware to be used in each dish, and all kinds of spoons, forks, and knives are clearly placed, and if you use them wrongly, you will be ridiculed.
It doesn't matter if the owner is not so particular, but unfortunately the old man in front of him is not such an unparticular person - eating with grandpa is so troublesome.
Other than that, he really didn't want to hear the title "Pipong", it was better to be called "II" than "Pipong", and the latter's pronunciation always reminded him of the hobbit in "The Lord of the Rings", am I short?!
So, just let grandpa nag himself, and you can also satisfy his desire to talk a little, maybe you can get into the main drama faster later.
Easily, the dinner was over, and after the repertoire had been set up, the chef hired by the manor came out to ask how the meal was going, what needed to be improved, and so on.
In European and American society, the status of the chef is still relatively high, and an excellent chef with a good reputation can support a restaurant no matter where he is. After the meal, it is the norm in Europe and the United States to meet and shake hands with the chef, praise a few words, and praise a few words.
"Very good, the same cod, mine and my grandfather are two completely different methods, mine is more tender and oily, and there is a little bit of sweet and fresh fragrance when chewing repeatedly, I think you used a little spiced fruit powder, Mr. Clément?" Li Xu said matter-of-factly.
"Yes, sir, I mainly use allspice and lemongrass for seasoning, and I have a unique cooking technique so that the sweet and sour taste does not affect the lusciousness of the cod itself. Chubby Chef smiled happily.
For them, there is probably nothing more worthy of joy than the characteristics of the guests, it is really easy to be satisfied - it seems that it is not so easy, not everyone can think of Li Xu to pretend to be 13 decent.
Allspice is all Mongolian, and there are only a few mainstream seasonings in Western food, and at the same time, there are only allspice fruits that can taste cloves, cinnamon, nutmeg, and pepper.
It is also thanks to the weak taste at home, and after more than ten years of cultivation in similar Japanese cuisine and European and American food, his taste has also weakened - occasionally go to Chinatown to order a boiled pork slice to satisfy his cravings, but it is not authentic enough - so he can barely taste it.
"Thank you, David. Grandpa spoke at this time, and the cook immediately retired with a very good look.
Then, grandpa leaned on crutches and stood up with the support of Li Xu, who was very discerning: "Walk with me, Pi Pang." ”
After entering the vineyard, Grandpa looked at the moonlit sky and began to be in a daze again.
Li Xu didn't say much, just waited beside him, and only after a while did his grandfather speak: "Louise used to like to watch the sunset here the most, and she always said that there is no more beautiful scenery in California." I never thought so, but I remembered that when I bought the estate, I planted a grape vine with her own hands here......"
Seeing him look so nostalgic, Li Xu didn't dare to say more, Louise was naturally the name of his grandmother in this life, a very traditional woman.
Well, it means that when you take care of the children at home, everything is the husband's first step, and from time to time you hold some afternoon tea parties, invite other wives and ladies to participate, provide a social stage for your husband, and so on.
In general, there is not much difference between the traditional women of the East and the West, it is a patriarchal society after all, and it cannot be expected that a woman born in 1905 should be very avant-garde.
"Alright, let's go, let's go to the study. After a moment of chatter, then a moment of silence, Grandpa finally said this.
Li Xu breathed a sigh of relief again, and finally had to talk about business, but it was really not easy. Originally, he wanted to step forward to help him and continue to brush his grandfather's favorability, but who knew that his grandfather put away his crutches and strode in the direction of the manor, not at all like an 80-year-old man.
Twitching the corners of his mouth, he hurriedly followed, and in a few minutes, he was back in the villa of the manor.
After all, he was still an 80-year-old man, and after entering the house and resting in the living room for a while, his grandfather got up again and slowly entered the study, and then sat on the high-backed chair behind the desk and closed his eyes without saying a word.
Li Xu still didn't speak, he was pretending to be until now, and he was not short of time.
Fortunately, after a few minutes, the grandfather, who had his eyes closed, said, "I've seen that Jew." ”
Li Xu was a little surprised, not because of the "Jewish", but because he didn't expect him to say this, shouldn't he continue to praise him for shorting silver, and then beat a few words to make him not complacent?
"It's really a talent, it's also a gambler who likes to ignore the rules, and a person who can find value in the garbage, and he is indeed very discerning. It's not that it's irreplaceable, but if you replace someone else, you can't be as efficient as him, and you have to face the sharks that smell blood and swarm you. Grandpa continued.
"So you have to choose cooperation?" Li Xu immediately asked.
“…… Too greedy. Grandpa said this after a while.
Li Xu knew that the Jew they were talking about now was the famous junk bond king Michael Milken.
Junk bonds, also known as high-risk bonds, are generally rated by rating agencies as below BBB bonds, all fall into this category, the default rate is very high, and it is easy to cause losses if you buy it rashly.
But Michael Milken, who was born in '46, saw a business opportunity, some large companies that could not go bankrupt because they wanted to protect small investors, and although they had low credit, they were very valuable, and they could be sold after offering interest income that was higher than that of A-rated bonds.
So he collects these valuable junk bonds, sells them to various funds, investors, makes a profit, and uses this to promote the "leveraged buyout" model to promote mergers and acquisitions.
From '74 to '76, he made a profit, and then '77 to go all out, and in just a few years he made a lot of money and became the number one bond underwriter on Wall Street.
Milken had a very strong instinct in this area, and he could easily find the most valuable thing out of a pile of junk bonds, so by the early 80s, he basically had a monopoly on junk bonds in the United States.
By the time he was imprisoned in '87, Milken had made at least billions of dollars in profits from junk bonds, and was adored by countless Wall Street peers, some compared him to Morgan.
Of course, geniuses always have quirks, and Milken's quirk is that he is obsessed with making money...... Transcendent realms. In other words, he doesn't care how much money he makes, he only cares if it's his own.
There are two examples that Li Xu remembers most clearly, in 1986, Milken's Dechong Securities made a lot of money, and Milken gave a trader a year-end bonus of $10 million. But do you know how much year-end bonus he gave himself? $550 million!
That's right, 550 million dollars in the mid-80s.
Then, once he and a colleague argued about a marketing fee, arguing that he wanted to be a long-term customer, the customer was developed by a colleague, but the customer was related to Milken's relationship to have this business, so he insisted that the fee belonged to him.
Eventually, the company gave the money to his colleague, and for months afterward, Milken continued to babble that his colleague didn't deserve it, so how much was it? $12,500.
Therefore, it is troublesome to deal with such a character who loves money as much as his life, but has not been replaced for the time being.
"There's always a decision to make, Grandpa. Li Xu said so.
If you want to achieve your dreams. This sentence was swallowed back into his stomach, in this case, one sentence is enough, grandpa is not a fool, naturally he will have his own considerations, sometimes one more sentence is better than one less.
"Robert Baldwin is really not fit to be at the helm of Stanley anymore," Grandpa finally opened his eyes, "You're right, Pipon, Stanley needs an enterprising leader, Stanley needs to expand internationally, the merger failed, but we have more room to maneuver, those idiots can't do it......"
He stood up suddenly, walked to the wall, and with a whirl pulled back the curtain, on which hung a large canvas with the family tree.
"It doesn't mean we can't do it!" said Grandpa in front of the family tree.
Also looking at the canvas, Li Xu sighed silently, at the bottom of the family tree was naturally his name in this life, Edward Pierpont Lee II, and his cousin's name, Eleanor Louise Lee.
Above are the names of his father, Edward Pierpont Lee, and his uncle, Franklin Spencer Lee, who died young.
And then there's his grandfather, Andrew Charles Lee, and on top of his grandfather...... How could you think you'd see George or Edward Lee or even Henry Lee haha!
That Li family is a wealthy family in Virginia, and has been a signatory of the Declaration of Independence, the commander of the Cavalry Division of the Revolutionary War, and the Attorney General. The roots of the family are on the East Coast, how can there be direct clansmen who come to the West Coast, besides, the surname Li was also changed by his grandfather after he came to the West Coast.
So, what is written on it again...... John Jack Pierpont Morgan! This one is John Pierpont Morgan.
This was Li Xu's first reaction after figuring out the meaning of those two names.