Chapter 25: Next Steps (1)

On the second trading day, Contini and Antonio stopped going to the exchange, and the third box they were in is now the focus of attention of the entire exchange - all traders and brokers on that day can see that as long as the IQ is not lower than 80, they can know that the client is fully sure that day.

So the news came out, some speculated that it was a member of the Belgian royal family, some speculated that it was an American banker, and even some conspiracy theorists said that it was a descendant of the French Bourbon dynasty. William became the focus of everyone's attention, and everywhere he went, someone inquired about the news, and finally his scalp was numb, and he vaguely revealed the news: This is a member of a Jewish speculative financial family, I can only say this, and I will die if I have more......

Hearing that it was a Jew and a Jew who was in charge of financial speculation, everyone immediately realized, patted William on the shoulder and smiled, whenever this time is always a good opportunity for Jews to make waves, although everyone is very disgusted in their hearts, but on the surface they have to say haha: "It's really a Jew, it's amazing......"

Of course, William is not saying out of thin air, Antonio does have one-sixteenth Jewish ancestry. Although he didn't think he was a Jew, the young master asked him to pretend to be a Jew and William contacted him and did so - pretending to be a Jew would not lose a piece of meat, and besides, there were many Jews in Italy, just look it up!

However, Antonio soon understood the advantages of pretending to be a Jew, and the next day there was a significant increase in the volume of marks traded in the market, and many of the speculators jumping up and down in it were Jews, and the legend of Box 3 suddenly calmed down. He thought that Contini asked him to pretend to be a Jew in order to keep a low profile and hide his eyes and ears from the public, but in fact, Contini had a bad stomach and was holding back his bad! - Only the traveler understands what the result of associating the Jews, especially the speculative Jews, with Germany!

"Young master, the first money has arrived...... The old man telegraphed to say that he was deeply shocked and asked how you want to spend it? ”

How could the old Chiano not be shocked: when he let Contini take it away, it was only more than $700,000, and it was only a week before he came back, and it turned out to be more than $6 million, and it is said that there are still $12 million in positions in the account, and there are more than $2 million in floating profits, and if Mark really falls below the $10,000 mark, this surplus of more than $10 million is not a dream.

"How did you get out of this more than 6 million? You won't be targeted, will you? ”

"Won't ......"

"I'm curious."

"To put it bluntly, it's very simple, the first step is to spin off; The second step is to replace the flow of capital under the trade account with the flow of funds under the trade account; The third step is to separate and release the domestic foreign exchange exchange ......"

In order to make the more than 6 million US dollars return to Italy safely and quickly, Antonio has thought of a lot of ways, especially the operation of separation and delivery has dazzled Contini's eyes: the Italian Ministry of Transport was supposed to pay 10% of the vehicle payment from the German side, and Antonio paid directly with the speculative surplus, and Italy only needed to transfer the lira to Contini's account, which saved foreign exchange for the Ministry of Transportation; Italy lacks all kinds of resources, most of the coal is bought in Germany nearby, and the Ministry of Railways uses coal even more, which was supposed to be paid in mark foreign exchange, but now it is okay, pay directly with this speculative surplus, and the old Ciano only needs to ask the Ministry of Communications to transfer the lira to the designated account......

Through such an increase and a decrease, a lot of funds have actually achieved exchange without cross-border flows, and the Ministry of Communications has also saved handling fees and exchange losses, and of course, part of the surplus will be directly split and remitted, and a single transaction will not exceed 300,000 US dollars, which seems to be much safer. This is still the era of manual and telegraphy, and the electronic age when Contini traveled, everything was processed by ultra-high-speed computers, how could it be so troublesome for a week, and it would be all done in dozens of minutes!

"Can I be in charge of this money?"

"Of course, the lord is still very open-minded, he emphasized that you should respect your opinion, after all, you have made so much money, if the future vision meets expectations, his principal and profits can be invested together!"

"I still want to engage in speculation......"

"Young master......" Antonio was a little unhappy, but he still persuaded calmly, "Although speculation makes money quickly, it is also lost quickly, you can't always count on luck, you have to do some business in a down-to-earth manner, set up factories, open banks, invest in mines, and even turn over real estate." ”

"This, then I'll change the name and invest."

"What to invest in?"

"I have ideas for banks, factories, mines, railways, and aviation, but my principal is still too small...... You look at the Mercedes-Benz company we visited in the past two days, a random piece of equipment costs hundreds of thousands of dollars, without tens of millions of dollars of investment, it is impossible to establish a perfect automobile manufacturing enterprise, and Italy also lacks other supporting manufacturers, if I all from there to nothing to establish, not to mention more than 10 million is impossible, even if it is 10 times more can not be done. Contini smiled, "I still want to invest in the capital market first and buy stocks." ”

$15 million can probably build a 25,000-ton post-dreadnought in this era, which seems to be an astronomical amount to an individual, but it is still not enough for companies of the size of Mercedes-Benz, Krupp, and Fiat.

Hearing the words "buy stocks", Antonio's face looked a lot better, although buying stocks is still speculation, but after all, there are entities behind the stocks to support, barely next to the side of "investment".

"How are you going to speculate?"

"I'm really investing in it, and I'm going to hold it for the long term...... Hold it for at least 5-6 years. ”

"What stocks do you look at in China? If interested in cars, how about Fiat? ”

"I have a crush on General Motors."

"U.S.-GM?" Antonio frowned, "Why buy U.S. stocks?" The U.S. stock market is currently falling, as far as I know, at least 20% since the beginning of the year, and it is basically a bear market......"

Contini knew that this was the last dormant year before the US stock soared, starting from 1924, the US stock market will continue to climb without looking back, until it finally blew itself up, but he did not talk about this trend - this speculative routine is too easy to scare the elderly, he patiently analyzed it from the perspective of "long-term investment": "I am very optimistic about the development of the automobile industry in the future, although the car was first invented in Europe, but only in the United States has achieved rapid development, I have investigated the data, this year, The rest of the world together produces less than a fifth of the cars in the United States, which speaks volumes about the potential of the United States......"

There is no need to say the rest of the words, Antonio is not a pedantic person, he quickly understood the logic: buying car stocks is promising, Fiat is unfortunately in Italy, there is not much room for nature, not to mention Fiat, even Mercedes-Benz will not develop quickly in Germany, and the market capacity is here.

"But if you buy auto stocks, why not buy Ford?" Antonio was surprised, "Ford is the leader of American cars right now, and their Model T sales are very good." ”

"Just because the sales are good, you can't buy Ford shares — not that Ford won't rise, but it won't rise as well as GM." Contini smiled, "First, Ford's current price-to-earnings ratio and price-to-book ratio are higher than those of General Motors, in other words, his operating advantages have been reflected in the stock price, and I don't need to chase higher; Second, the Model T is selling well, but Ford will be constrained by this product in the future...... Don't you think the Model T is becoming more and more out of line with the aesthetics of the middle class? Uncle Antonio, would you choose a Model T as a means of transportation? ”

Antonio closed his eyes and thought about it, and slowly shook his head: the Model T is too cheap, in order to control the cost, the materials used and the appearance are very simple, not to mention that it is not related to luxury, even simplicity is a compliment, at least the Italians do not seem to be simple but shabby, why the middle class and the rich rarely buy Fiat's 501, it is not luxurious enough, everyone would rather sit in a slowly swallowed carriage than this kind of cheap car.

"I've seen GM's advertising brochure, the new Buick sedan is much more beautiful and generous, and the technology content is much higher, although the price is higher than the Model T, but I think the middle class in various countries with bulging pockets will find ways to pursue better products, and if sales expand, the cost of Buick cars will be reduced quickly - this will cause positive feedback!"

[Readers who have not seen the relevant content after "Iron Cross" 404 can pay attention to the prestige public account "Moon Shadow Wutong" to get the follow-up plot]

Antonio was convinced, this analysis is valid in business logic, he has also seen the promotional brochure of the Buick, it is indeed much better than the Model T, I don't know how attractive it is for Americans, it is good looking for Italians first, and the Model T is really ugly. If it is himself, the T car is definitely not to sit, but Buick can be considered, of course, if it is the grade of the old Chiano, it is not possible to sit on the Buick, you must have Mercedes-Benz or Rolls-Royce level.