Chapter 146: Buying a Team and Bloody Hunt
The meeting with Waleed can only be described as an inevitability of chance.
Waleed, a Middle Eastern stock god rooted in the European and American world, has always maintained good relations with the financial sector in Europe and the United States.
He has a keen sense of smell and may have sniffed out the results of this year's election.
Wants to make friends with the other side, but the other party is a representative of the military-industrial complex.
He has been active in the south for a long time, and mainly represents the forces in the south.
This has little to do with the east and west coasts of Waleed's daily activities.
To be more strictly speaking, the South of the United States has little presence on Wall Street.
At most, there are some representatives.
For example, several Southern Bank branches in New York, such as the New York branch of the Bank of Texas.
Friends are mostly Waleed on Wall Street, and they want to know each other.
Abel would be a great choice.
Just investigate Abel's background a little.
can know that the Smith family and that family are barely worldly friends.
If Waleed wants to get to know each other, Abel will be a good choice.
Just happened to meet, Waleed naturally entangled.
That's why this meeting took place.
In addition, perhaps there is a little nouveau riche temperament between the two sides.
Outside of this incident, the two found that they actually had a good chat with each other.
Especially in terms of enjoyment, Waleed, the "senior", gave Abel a lot of inspiration.
Abel's super enjoyment mind also gave Waleed some inspiration.
After this time, the two became friends.
The next day, Queens, New York.
&0/11/6 day
Smith Building, fourth floor, in Abel's office.
In front of Abel's desk, there stood seven people in straight suits and different ages.
Next to these seven people, there is David Mellon, who is watching the hilarity, and David Jones, who brings these people to Abel's eyes.
David Jones's crisp voice echoed in the office.
「. Alan Baker is a former Senior Actuary at Matilda Freehead and Business Manager for Europe."
「. Bertelem Hall is the former deputy manager of the New York division of Thor Brothers Real Estate."
「. Bevis Brooke, Senior Accountant, previously worked for Brooke."
「. Paul Lim is the former Senior Deputy Manager of L'Oréal North America and is also familiar with East Asian affairs."
"York West, former deputy general manager of Gephardt, Washington Registered Senior Lobbyist."
"George Williams."
"Mary Jokse"
「.」
These seven people, one woman and six men.
It basically includes the needs of a rich man and the needs of talent allocation in all aspects.
These seven people were David Jones at Abel's request.
Through Amex, as well as headhunters such as McKinsey & Company and Heidrick & Struggle, we have found seven talents from all walks of life in the entire European and American world.
These talents will become the structure of the Abel think tank.
With them as the core, Abel's think tank was formally formed.
After this,
When Abel is interested in venturing into a certain field, or just wants to buy something.
He can then consult with this think tank, and after getting advice, he can make his own judgment.
Thus deciding whether to proceed or not.
This situation is very common among the wealthy.
Abel didn't have it before, and that's because he rose too fast.
And there is no consideration for this.
After experiencing the Robert incident, and going to Los Angeles, and the Texas incident.
He felt the need to set up such a team.
When he was in Los Angeles, he let the big
Wey Mellon is looking for someone to form it.
David finally found all the people, and today is the day these people come to meet the boss.
In fact, Abel couldn't see whether these people were suitable.
It's just from the resume, education, and appearance.
Each of these people is very elite.
It is also well configured in all aspects according to his requirements.
This includes accounting, actuarial science, simple legal advice, real estate and energy, political lobbying, and more.
At the same time, it is obvious that over time.
The size of this team will continue to grow.
These seven people are just the original members.
If they are found to be unqualified by Abel later, or do not like it, or have something against the law.
They will also be fired.
After David Jones finished his introduction, he quietly came down and looked at Abel.
The whole room, everyone was watching him.
Abel smiles:
"Very well, I already know you. I've read all of your resumes. You should know who I am, so I won't introduce myself."
"Salary and benefits, as well as promotion ceilings, etc., you should have already understood."
"So."
Abel, who was sitting at the back of the desk, smiled and opened his hands—
"Welcome to my side~ I hope that in the future, we can work together and make progress together."
"You've made me richer. And you will be able to move up and even one day be in my class."
Abel didn't want to hear anything like showing loyalty.
After this opening statement, he wanted to give the think tank, which had just been established for a short time, a task.
But he wasn't really prepared.
Out of the corner of my eye, I saw the sports headline of the latest issue of the American Sun.
The title above is "New York Knicks 76-88 Defeat Los Angeles Lakers".
He simply took out the newspaper and placed it in front of his desk, facing the think tank.
"Now."
Able smiled and said, "The first task you set up is here. See, New York Knicks and Los Angeles Lakers."
"I want you to make two plans for me in three days. The two plans are how to acquire the two basketball teams as quickly and in good condition."
"This is my first audit of you, and I was able to do that. You have to exist."
After saying this, Abel did not give them a chance to speak.
He directly took the newspaper to David Jones and asked David Jones to take them to learn about his financial situation, as well as his connections and some other intelligence information.
Then supervise them, and in three days, come up with these two plans.
After David Jones and the members of the think tank walked out, another David, who had been watching the play in the office, smiled and walked to the chair in front of his desk and sat down.
「. Ha~ Looks pretty good. I've looked at their resumes and every single one of them is excellent."
David Mellon smiled and said, "But your task is a bit demanding. Two plans to buy two basketball teams in three days."
"Don't tell me, do you really want to buy these two teams?"
"Just let them make a plan. It's not like I'm going to buy it right away." Abel said lightly.
"Ha~" David Mellon shook his head, "It's not that I don't know you. You, on a whim, might really buy it."
"I don't know over there in Los Angeles. On the New York Knicks' side, it may not be so easy."
Abel said, "I remember the New York Knicks, which is owned by CSC?"
"Yes." David Mellon nodded.
& It's American Cable
The abbreviation of Television Systems Inc., is the fifth-largest cable operator in the United States.
The company has about 3 million customers in New York State and almost seven million users in the northeastern United States.
The founder is Charles Dolan, a large conglomerate in the East Coast region.
David Mellon thought about it and added some more information.
"I remember that now CSC's TV sports department is in charge of Charles Dolan's son, James Dolan. Since last year."
"In addition, CSC's TV sports business group has several teams. Like the New York Knicks in the NBA, the New York Rangers in the NHL, the New York Liberty in the NBA, and the Connecticut Beluga in the Hockey League."
"In addition to the main TV business. TV Sports and MSG Group are two of the most important sources of business for CSC."
"CSC is in good financial shape, and it's not that easy for you to buy the New York Knicks from them."
David is worthy of the old East Coaster.
In addition, he is mixed with Wall Street, and he still works for a strange financial company like Smith Capital, which likes to search for information everywhere when he has nothing to do.
This gives David Mellon a very detailed understanding of many companies in the United States, especially on the East Coast.
"Sounds hard." Abel nodded, and he had to admit it.
The main thing is not to look at the New York Knicks, the record is never good.
But because it's in New York, it's the only NBA team in New York.
This makes it the best in the NBA league in terms of revenue.
It enjoys the most expensive tickets, the best venues, and the most purchasing power fans in the NBA.
Even if it loses every year, CSC is unlikely to sell it.
Because despite its ugly record, it has always been the most profitable team in the NBA, and at the same time the most valuable team.
There are actually a lot of rich people in New York who are interested in this team.
After all, it's the only basketball team in New York.
Although among the rich, the NBA, which has too many blacks, is a bit out of the picture.
But in New York, after all, there is a uniqueness, if it can be easily bought.
There are too many rich New Yorkers who are willing to buy this team.
If you don't get your hands on it, it proves that it is very difficult to buy.
Of course.
If you are willing to throw money at it.
For example, if the market value is one billion dollars, and you give two billion three billion, then CSC will obviously be happy to cut love.
It's just that no one wants to do this kind of loss-making business.
Even Abel didn't want to, even if his money came more easily than the wind.
"Alright." Abel said, "Don't talk about it anymore. It's just that I can only decide whether to use them as my brains or not."
David Mellon nodded, he also knew that Abel meant it.
Then he saw Able stand up, and said:
"Let's go, I haven't cut leeks in a few days. Go out and have a good time, and by the way, before the year-end cocktail party, you can make the profits on the financial report look better."
Hearing his words, David Mellon suddenly lifted his spirits.
He changed the appearance of the Wall Street nobleman just now, and followed energetically like an entourage.
"Okay~ You have the final say, our head wolf is going to eat meat, and it's time for the wolf cubs to show their claws!"
"Chief, where are we attacking this time?"
"I'll look at the chart first."
After a while, the two arrived in the operations room of Smith Capital.
Like when I was at Woolworth House.
David Mellon took the microphone with an excited expression and walked in front of hundreds of elite analysts and traders.
「.. Ladies and gentlemen! Smith wolf cubs, stop what you're doing now."
"Your head wolf is going to lead you on a bloody hunt!"
"Cheer up and stop what you're doing."
David's shout, as well as the figure of Abel next to David, instantly attracted all the analysts and traders.
Originally, I thought that today, I would be as calm as before.
In an instant, it was like beating chicken blood and drinking a hundred bottles of Red Bull.
Everyone was excited.
Just because by David Mellon's side, Abel appeared.
This is not a very common thing in Smith Capital.
Although the boss often comes to the company, the boss appears in the trading hall.
Sometimes not once for two or three months, sometimes two or three times a month.
But every time he appears in front of everyone's eyes, it's time for Smith Capital to start eating meat again.
It's also a time when employees who don't have trading authority and can only study and study all day can attack.
Over time, this pattern has allowed them to get used to it.
It also makes them often glow with great aggression and enthusiasm when they officially start trading.
Coupled with the lucrative bonuses in front of them, Smith Capital's employees are often idle to death.
When you're busy, you might really be so busy that you die suddenly.
At this moment, Smith Capital is like a wolf pack that is about to launch a group hunt.
There is almost no ghost crying wolf.
This kind of commotion made Abel very satisfied.
He took the microphone from David Mellon's hand and spoke in a calm voice—"Quiet."
His voice seemed to have magic, a simple word.
Because of David Mellon's words, the very excited traders immediately quieted down.
"Wait for me to take a look at the chart and consult first."
Abel walked to the big screen and watched all kinds of financial information on it under the gaze of hundreds of people.
This kind of thing that usually doesn't pay much attention to the financial situation and waits until it's time to start investing.
If no one believes it, it is estimated that Wall Street will think that it is a psychopath or a layman.
But at Smith Capital, everyone is used to it.
And they are all a little accustomed to it, as if they think this is normal.
In front of Abel's eyes, there are many big screens at this time.
Some of them display the data of various precious metal futures in the world's major futures markets.
Some are the data of the world's major stock markets, those stocks.
A wall of dozens of big screens, covering most of the investable categories in the world today.
Abel casually looked at it and walked over to his favorite forex screen.
There are three large monitors with charts of a large number of forex symbols.
Abel glanced over and unleashed his own talent.
Under this gaze, the British pound is a currency pair, which attracts his attention.
Immediately he ordered his employees to open the GBP/USD chart.
He noted that on the current daily chart, GBP/USD has been falling for 6 days in a row.
On the monthly chart, GBP/USD has fallen to near the 5 EMA, where there is strong support.
To understand these, you only need to learn a little bit of foreign exchange investment information to understand.
But if you want to find business opportunities and profit points.
Either you're particularly sensitive to this aspect of trading, or you're just a bit of pure luck.
And Abel is neither, he belongs to the third kind that can be opened.
After only a few minutes of watching, Abel decided the next hunting direction of the Smith wolf pack.
"It's good to do a wave of pounds in the short term this time!"
he
Turning around, he took the microphone from David Mellon, who had been following him all along, and who had also walked like a humble schoolboy.
"Our target this time is the British pound in foreign exchange."
"Who told me? How many tradable accounts do we have in the forex market?"
Abel asked a question, and he didn't have to answer it from the ordinary staff below.
David Mellon was next to him, already raising his hand like a schoolboy.
"The total number is 3,500!"
Abel looked at David Mellon amusedly, but his smile quickly faded.
Because in David Mellon's eyes, he saw longing.
That's the money hyenas of Wall Street, hungry for money.
"Then tell me how much money is available in Smith Capital's account right now?"
Like the previous question, David Mellon answered in seconds: "$13.05 billion!"
Before you know it, it's only been two months.
Smith Capital's funding has increased from more than $2 billion two months ago.
It has swelled wildly to the current 13 billion.
Of the 13 billion, 3 billion is the $3 billion of Smith Capital's first private placement.
The other $10 billion is the escrow funds in Abel's own name, which is linked to the Smith Capital account, as well as the profits earned from previous investments.
>. billion.
If you calculate it, it is roughly about 5.5 billion US dollars in private equity funds, and 7.5 billion US dollars in Abel's own custody funds.
in other words
Not counting Abel's assets outside of Smith Capital.
On Smith's side alone, he has $7.5 billion in cash flow at his disposal.
With the addition of private placement, that is 13 billion!
And then count his investments outside.
The Los Angeles Times claims that he is a billionaire, and that's right.
After getting these two data.
Abel took the microphone and said:
"Then we'll play with the big pen this time! I am announcing that after the program begins, all Smith Capital operators are not allowed to leave the Smith Building!"
"Everyone who wants to participate in this event must hand in your contact tools."
"During the investment period, the entire Smith building was a financial safe house."
"No one is allowed to go out except me, and no one is allowed to contact outsiders without permission."
"People who can't do these things can stand up now. I can give you a few days off, the paid kind."
Abel's words made the employees of Smith Capital, who were originally quiet, a little commotion.
The entire Smith Building, all incarnated as a financial safe house?
All traders in the company can go into battle.
This.. This scene is so big!
"Give you three minutes to think about it!" Then everyone heard the boss say it again.
Three minutes later.
No one wanted to leave.
Before this, Smith Capital had never played so big.
This time it's going to be so big, many people want to know what the boss wants to do.
In addition, they also completely surrendered to the decisions made by the boss who won all battles.
Since it is a super-large action, it means that after this, there may also be super-exaggerated profits.
For them workers, that's a super generous bonus.
In this case, none of these wolf cubs of the Smith wolf pack would refuse.
"Good!"
Abel nodded with satisfaction.
He's just decided.
If there are really people who don't want to participate, then he will ostensibly let these people go on vacation.
But turn your head
, he will definitely fire these people.
Capitalists, how can what they say and what they do in practice be the same.
"David, I'm going to use $10 billion this time."
"We're going to go long the British pound!"
"There are 3,500 accounts in total, and 1,000 will be selected. Let each of them operate 10 accounts!"
Before the start of the operation.
The $10 billion in Smith Capital will be divided into 1,000 accounts.
Each account is worth $10 million, and these accounts are all located in the world's top banks.
David held back the shock in his heart and said, "10 billion!! It's still foreign exchange!!"
&000 million dollars of funds to go long the British pound currency pair, David's heart was shocked, this fund is too huge!
> $100 million in funding, what a concept is this!
Once the big leverage is used, even the Bank of England has to avoid it.
Although the last time it did international crude oil futures, Smith Capital also used close to $4 billion in funds.
But that is international crude oil futures, and its risk is far lower than that of foreign exchange.
Even London gold, under normal circumstances, is much less risky than foreign exchange.
The risk of & 100 million US dollars in foreign exchange trading and international crude oil is not of the same magnitude at all.
But at the same time, in terms of profit, it is not of an order of magnitude.
The higher the risk, the higher the harvest.
But. David Mellon didn't mean to dissuade.
To this day, he has been with Abel for almost a year.
The investment operation and ability of Abel are already the kind of blind trust.
Thinking of this, David continued, "Chief, we can go into battle at any time now!"
Abel immediately said, "Well, then you will start to open a long position in the European market today to long GBP/USD, GBP/EUR, GBP/CAD..."
"This is just a short-term long!"
"We'll tell you when we'll start closing your position!"
This time, the $10 billion fund is fully long the British pound currency pair, but it is not allowed to be sloppy.
The pound often rises and falls, especially because of the problems of Scotland, its trend is particularly violent, and if you don't open a good position, it is very easy to be passive.
If the position is not good, even in the case of making money by going long, you may lose money due to the sudden collapse of the pound.
This time, if the British pound is long, even if it is opened, Abel intends to supervise more.
David Mellon solemnly said, "Boss, I understand!"
As a Wall Street nobleman, David also understands the trend of the British pound against the currency.
At present, GBP/USD has been falling for 6 consecutive days, and the downward trend is still very obvious.
If it were him, he wouldn't dare to go long GBP/USD!
GBP/USD has been falling for 6 days in a row, and this bottom-buying behavior is very unwise.
But Abel is different!
David felt, in the presence of Abel.
All you have to do is carry out the order!