Chapter 164: The crocodiles gather at Smith
Regarding the sale of a part of Smith Capital's shares, Abel did not have any psychological burden.
In his view, Smith Capital is not an irreplaceable company.
In this company, he himself is the irreplaceable one.
With itself, Smiths Capital has value.
Smith Capital can be often available, and Abel Smith, who has super "talent", is really not very often.
These people don't want to invest in Smith Capital more than they want to invest in him.
What's more, until now, the properties under his name have basically nothing to do with Smith Capital.
Every time he made acquisitions, he also set up companies.
The funds used were withdrawn from Smith Capital.
But the controlling control is controlled by three other companies and himself.
Among the three companies.
One is Smith Holdings, which is located in Ireland.
One is Emily Investment, which is registered in the Cayman Islands.
The other is Alexandria Capital, which is registered in Bermuda.
In addition to his investments in the capital market, Abel is jointly owned by these three companies and himself.
The approximate proportion is mediated according to the industry, time, or his mood.
Like a Smith Entertainment.
It is three outlying island companies, each holding 30% of the shares, and another 10% of the shares in his own name.
Smith Capital is just a tool for him to make money and cut leeks.
If you can use this money-making tool, you can get those benefits.
So why not?
Of course.
The giants aren't stupid either.
If they really want to buy shares at that time, they will agree to some of Abel's demands at the same time.
There will also be certain restrictions.
For example, they may ask Abel to be bound to the company, or they may have requirements for the company's performance.
If the requirements are not met, compensation or withdrawal of shares must be made.
Similar to a VAM.
This is also normal.
Otherwise, they would not have spent a lot of money, or used valuable shares, to buy shares in Smith Capital.
The situation is that Paulson, the president of Goldman Sachs, is chatting with Richard Forder.
Then, in addition to the three, David Komansky and Philip Purcell were squeezed in.
This Philip Purcell has a passable Chinese name for Huaxia.
is called Pei Xiliang, and he is also a famous American financial figure who often goes to China.
The addition of Philip and David didn't change anything.
They were the same as Paulson, who was one step ahead of them.
Soon on Abel's side, he got the same news as Richard Forder.
That is tonight, Smith Capital will announce the opening of the first round of financing.
Everyone knows that Smith Capital is not short of funds, and profits are exaggerated.
It wants financing, and most likely it won't be money.
It could just be some stock that is more precious than money, or something like that.
The oligarchs are not stupid, and they also know that Abel is not stupid either.
The smarter Abel is, the happier they will be, and a smart cash cow is a good cash cow.
A smart cash cow will be willing to be their cash cow because they are afraid of their strength.
I don't think about things all day long.
Richard Forder's personality is as direct as ever.
This person in a parallel time and space, twice saved Lehman Brothers from the brink of bankruptcy.
At the same time, he was also bent on going his own way, sending Lehman Brothers to a dead end in a parallel time and space.
In the middle of the conversation, Richard Ford suddenly asked:
"With all due respect, Mr. Smith. Do you have an approximate estimate of Smith Capital's valuation?"
he
's question suddenly made the other three giants pause their conversation.
I have to say, Richard Forde raised this question.
It is also one of the four issues that the five people present are most concerned about.
How much does it cost to get the admission ticket.
Isn't this kind of question worth caring about?
Able smiled and said, "This issue will be announced later."
The Big Four were naturally not very satisfied with Abel's answer.
But thinking that I would find out later, I was not so anxious.
At this time, Abel suddenly spoke:
"By the way, Mr. Paulson. I've heard that Goldman Sachs has about 6% of Comcast's original shares."
The smile on Paulson's face was slightly startled, and then the bald old white man reacted quickly: "That's right. That's 6.63 percent to be exact."
Able smiled, and the Big Four saw him smile.
Immediately understand that this guy is interested in the stocks of Comcast in the hands of Goldman Sachs.
Well, then again, in the US, who wouldn't be interested in Comcast stock?
Then Abel immediately said to Richard Forder:
"Mr. Fuller, is it true that Lehman Brothers owns 5% of Google's pledged shares?"
Lehman Brothers has a wind company, which is one of the first venture capitalists in Silicon Valley to invest in Google.
Giants like them have controlled or invested in hundreds of financial subsidiaries under their names.
"Of course~" Richard Forder said with a smile.
This also made Richard Forder understand.
Abel is saying that he is interested in the 5% of Google's stock.
When it comes to intelligence, Abel has invested hundreds of millions of dollars in Google.
Presumably, this should be the price that Lehman Brothers must pay if they want to take a stake in Smith Capital.
Compared to Comcast's stake, Richard Forder thinks that 5% of Google's stake is really nothing.
If that's the price, then Lehman Brothers is in luck!
At this time, Richard Forder didn't know.
This 5% of Google stock will become worth much in a few years.
Abel then asked similar questions about Philip Purcell and David Comansky.
In the latter two, there was also a positive answer.
Although it is not explicitly stated, everyone is a smart person.
I know what Abel means.
Abel also knew them, and knew what he meant.
That's enough.
This is one of the reasons why he chose to open Smith Capital today and is willing to let these oligarchs get a piece of the pie.
Shares in certain companies.
It's really the kind that money can't buy.
It is only through this exchange of interests that you can get shares.
Everyone smiled and chatted a few more words, and then they noticed that there was a slight commotion at the reception.
The Big Four and Abel, looking in the direction of the commotion.
It was the elevator entrance, and an old man with silver hair and a smile on his face was coming out of the elevator.
It was he who caused a commotion and public opinion. Discuss.
And he himself does have the qualifications to cause all this.
Because his name is Warren Buffett, the stock god of the United States.
It has been used by the United States for more than ten years to decorate one of the new lamps of the Beacon of Freedom in the world.
I saw Buffett who had just walked out of the elevator entrance.
Richard Forde was a little surprised:
"Huh? Didn't Warren go to Tahiti to escape the cold? Did you rush back early?"
Tahiti is the largest island in the Windward Islands of French Polynesia, located in the South Pacific Ocean.
The four seasons are warm and spring-like, and the products are abundant.
Residents call themselves "God's men", while international visitors consider it "the closest place to heaven".
Warren Buffett likes to go on vacation there in the winter.
It's no secret on Wall Street.
Abel was also a little surprised, because he remembered that he didn't seem to have sent an invitation to the stock god.
The main reason is that there is no friendship between the two parties, and Buffett belongs to Wall Street.
But he doesn't live in New York, and this guy lives in his hometown all year round.
And Warren Buffett is better at steady value investing, which is a bit inconsistent with the overall aggressive style of Wall Street.
Compared with Warren Buffett, Wall Street is aggressive.
Compared with Abel, Abel can no longer be said to be radical.
He's just grumpy, he's a gambler.
The investment styles of the two are even more completely different.
Warren Buffett only plays value investing. Before this, Abel didn't even play big with U.S. stocks.
Wherever he cuts leeks, they are all high-risk and fatal.
The international foreign exchange market and the precious metals market, as well as the futures market, are also fatally high.
"Ha~Warren's favorite thing to play is value investing." Philip Purcell smiled and said:
"Perhaps, in Warren's eyes, investing in Smith Capital is the best value investment."
That's probably the only explanation.
Otherwise, with Buffett's status on Wall Street and his lack of friendship with Abel.
It is unlikely to be seen at such a reception.
Things quickly turned out to be as Philip Purcell said.
When Buffett showed up, he just smiled and said hello to a few people he knew at the reception.
After discovering this small circle on their side, they walked directly over.
"Hi, everybody. Good evening, oh, Mr. Smith, hello."
Buffett, who has silver hair, but is in excellent mental and physical condition.
Like Paulson just now, from a distance of a few meters from Abel, he stretched out his hand in advance.
This scene made 99% of the guests on the field who were actually paying attention to this side a little numb.
Paulson is so, Warren Buffett is so.
This Mr. Smith is too popular on Wall Street!
"Hello. Mr. Buffett." Abel's reaction was similar to that of the waiter passing by, and the red wine glass in his hand had already been handed over to the waiter passing by.
He clasped his hands with Warren Buffett and said politely, "Welcome to my cocktail party. Thank you very much for coming!"
"Haha~ Such an investment event. How could I not show up? Even if you didn't send me an invitation, Mr. Smith, I'd be cheeky!" Warren Buffett said with a laugh.
His words surprised everyone around him.
What is the charm of this "wolf of Wall Street"?
Actually let the stock god, without being invited.
I don't have to come here to participate.
Many people know that Buffett should be in the Islands of Tahiti at this time.
He went there for a vacation, and it was in the news last week.
Is this a special trip to give up the vacation, or is it to end the vacation early and rush back to the drinking party tonight?
Many people with sharp minds suddenly realized.
Tonight, this cocktail party at Smith Capital may seem to be very unusual.
"Ha~ This is our negligence." Abel smiled, "Mainly some time ago, we were too busy."
Buffett showed a clear expression, and his right hand, which had been released, gave Abelbi a thumbs up:
"I know your business. Well done. The profit from just one investment is almost more than the profit I made in the whole year last year and this year!"
Like the other giants.
There is no news on Wall Street, and Buffett can't catch it
Target.
The giants' speculation on Smith Capital's profit figures.
Warren Buffett can also get an approximate figure through his people on the side of the Big Four.
Abel also knows that Buffett is talking about the fact that some time ago, Smith Capital made a lot of profits in the British pound currency pair.
The secrecy surrounding the company's transactions is almost none, as if everyone on Wall Street knows about it.
He wasn't very angry.
Because this was originally the opening he deliberately left.
An opening that allows Wall Street oligarchs to see but not touch, let them know the value of Smith's capital!
That's why David Mellon suggested early on that he buy or take a stake in one or two banks.
He didn't have a reason to do it for a long time.
That's right, with your own bank, or a bank that you control.
When Smith Capital invests, it can indeed achieve a certain degree of secrecy and enhance confidentiality.
But in that case, wouldn't it make it difficult for oligarchs to know the flow of Smith Capital's investment funds?
In that case, they will also miscalculate the speed at which Smith Capital can make money.
Then there is no way for them to gather around like today, like a great white shark that smells blood.
Looking at Buffett's enthusiastic appearance, not only Abel understands that he is interested in Smith Capital.
The surrounding oligarchs also know that Buffett will definitely join the competition.
This is obviously not good news for everyone.
It may be a good thing for Abel to have multiple people join.
But for them, it means they may have to eat less meat and soup.
Naturally, they were not happy.
But this is Buffett, and even if they are dissatisfied, they have no good way to deal with it.
The current Buffett has long been formed.
Although it is not a consortium, it already has an influence that is no less than that of a consortium.
Especially when facing ordinary people, his influence is greater than that of conglomerates.
At the height of this influence, the stock god only needed to have lunch with someone.
Then this person's listed company, the stock will rise wildly.
It's not so exaggerated now, after all, everyone has started to auction lunches.
But for ordinary Americans, especially ordinary American leeks.
Warren Buffett is their weather vane and their stock god.
In the face of such a kind, everyone can only pinch their noses and admit that he has the qualifications to join.
And for Abel, the more giants like Warren Buffett intervene, the better.
There are more competitors.
When it's their turn to give, if there are competitors, it can be more refreshing to let them cut the meat.
But there is obviously more than one Buffett and Wall Street interested in Smith Capital.
Like everyone else on the field, Tedelerna's eyes were basically on that small circle.
This famous real estate businessman in New York is thinking at the moment-
Fake, if only labor and management were there!
What a status, what a face!
That's how simple Tedeller's idea is.
Suddenly he heard his daughter whisper:
"Dad, look at the elevator. The people from the Texas consortium are also here."
"I haven't seen Able contact them since last time. I thought they might have fallen apart, but now it seems that they are clearly not."
Tedelerna quickly looked at the elevator entrance, he saw after the last time his daughter said it.
I went out of my way to check it, found the photo and remembered the John Brown. J. Brown.
John S. J. Brown, who was walking behind an old fellow in his sixties.
As soon as the two people came out of the elevator,
Just have a clear goal and go straight to that small circle.
Tedlerna couldn't help but say:
"What's so attractive about your little boyfriend?"
"Richard Forder, they're coming, I understand."
"Warren Buffett is coming, then I really don't understand it at all."
"If someone tells you to come later, then I don't doubt it."
Ikana was stunned, will the zipper come?
It probably doesn't matter.
He is about to abdicate, and at this time he will participate in a gathering of capital.
It's not nice to pass out.
And the zipper after the abdication will not necessarily be welcomed by these financial oligarchs.
"Haha~"
On Abel's side, he heard John A. The laughter of the old man in front of J. Brown.
This old man Abel knew each other from the last time he and Herbert were playing golf in Houston.
One of the many old men he knew, his name was Davis Brown.
If you look at this surname, you will know that it is similar to John J. J. Brown's relationship is very close.
He is also one of the descendants of the founder of the Texas Consortium and is now a member of the family of the people behind the Texas Consortium.
"Mr. Smith. How can a Texan drinking party be without a Texan? John told me about it in the morning, and I'll be here in the afternoon!"
Davis Brown laughed as soon as he came over and shook Abel's hand.
Abel smiled and said, "Ha~ It's been hard work, and I've come from afar. Mr. Brown."
Abel invited the four major investment banks on Wall Street, and of course it was impossible not to invite John Abel. J. Brown.
Invited John S. J. Brown, it is equivalent to telling the Texas consortium directly.
Last time, the Texas consortium took the initiative to express its favor to him.
But after expressing his favor, there was no follow-up action at all.
On the contrary, Abel took the initiative to let Smith Capital have a lot of cooperation with the New York branch of the Commercial Bank of Texas.
In just one month, the Commercial Bank of Texas made millions of dollars.
But on the Texas side, there is still no news.
It's like a guy who confesses to a girl and then doesn't do anything else.
Nothing is indicated.
Instead, the girl took the initiative to turn around and vaguely said to the boy that you can chase me.
As a result, the boy still did not react, as if he was waiting there for the girl to take the initiative to chase after him.
Although men chase women's compartment mountains, women chase men's compartment yarn.
But Abel just didn't want to be this "woman".
The ratio may not be appropriate, but that's what it means.
Since the old guys don't take the initiative, Abel himself is not in a hurry.
Deal. Alexander's next time I'll choose a different place.
The United States is so big, and it doesn't necessarily have to be "debuted" in Texas.
Well, when the "girl" of Smith Capital ran to the "blind date agency".
The "boy" of the Texas consortium is finally in a hurry.
Even old fellows like Davis Brown.
But Davis Brown's old fellow wasn't the only one who came tonight.
At the elevator entrance, someone exclaimed again.
Because there were a few more old guys who came out of the elevator.
Abel's excellent eyesight allowed him to look at it from a distance of more than thirty meters.
At a glance, he recognized the two old men who were surrounded in the middle.
One is David Rockphile and the other is John Chris Morgun.
These two old men, maybe half of the people at the drinking party didn't know them.
But only the other half of the people who know them need to say the identities and names of the two of them.
can make the other half of the people who don't know them surprise from the bottom of their hearts.
Davis Brown, who had just shaken hands with Abel and put down his hand, also saw the arrival of these two people.
The old guy couldn't help frowning, and he looked at Abel, "Honey, you're a Texan."
Abel smiled, "But I'm also an American."
Davis Brown, somewhat speechless.