Chapter 211: The Most Expensive Luxury in the World

Abel didn't know what David Mellon said.

Because it's all a trifle.

It's not really a Wall Street old fritter, and it's impossible to know.

Abel also knew, just like David Mellon said.

This so-called "tradition", they still have a certain positive effect.

These things are actually similar to team building.

In order to promote the generation of company culture, there are also issues such as employees' sense of belonging to the company.

It can really play a good positive role.

There are so many small ones in the country in later generations. Loan companies, small finance companies, they like to play this game the most.

These small companies like to go to work in the morning.

Waste some time for a so-called morning meeting and sing a song like the "company song".

There are certain restaurants that also do similar activities.

In some special areas, such as passing a pin.

It is to carry this kind of thing to the extreme.

What's more.

Abel feels that this so-called tradition can make him feel refreshed.

So why should you oppose it?

It's just something that doesn't matter anyway.

He also acquiesced in David Mellon's approach with Merio.

One of the new giants of Wall Street.

The "tradition" that belongs to Smith Capital also emerges here.

"Let's talk about the company's expansion."

In the office, Abel said to David Mellon.

David Mellon nodded.

"Before January 20th. Smiths Capital has a total of 131 employees."

"Among them, there are 11 people in the front desk, the logistics department of the administration department, seven people in the field liaison department, and the rest are all analysts and traders."

"Since January 20th."

"Through headhunting companies and self-recruitment, the number of regular employees in the company is still 131."

"But we now have 465 more trainees. Including these trainees, Smith Capital now has 596 employees."

Hearing these numbers, Abel nodded.

These things.

Abel actually knew about it in an internal email that David sent him.

There are even several employees, as well as some new high-level executives, heads of departments.

Or some of the employees Abel picked out from his resume.

"Less than six hundred," Abel thought for a moment and said:

"That's enough for now. A little more, and the Smith building will start to crowd."

David Mellon nodded, "That's true. For our current business, these manpower are sufficient."

In fact, before this, more than 100 traders at Smith Capital were a bit redundant.

There are more than 100 people in the company, and Abel is a trader with trading authority.

Everyone else is a trader

Now, Abel has opened up a certain degree of trading permissions.

Smith Capital, this is why many traders with independent investment rights have emerged.

If it weren't.

There are so many extra people, and they really came to have a leisurely meal.

At Abel's request.

The structure of Smith Capital has become more and more perfect.

"Let's open the fourth, fifth, and sixth private placements." Abel said.

"However, the amount raised by each fund should not exceed $500 million."

"Because I'm not going to act as a manager of these funds. But I can guarantee that these funds will not lose money. If there's a loss, I'll do it myself."

Abel thought for a moment, and then added:

"As for the rules of these funds, they are almost the same as those investment banks."

"Okay." David Mellon smiled wryly:

"But if that's the case, maybe these funds won't be so easy to raise."

"You know, the LPs who came to Smith Capital. They're all coming for you, King Smith."

"If only every fund were managed by me." Abel's face was expressionless.

"Then what am I doing with my investment privileges open to you? I might as well maintain the scale I used to be, and let you continue to be my tool."

Hearing Abel say this, David Mellon's mood suddenly tightened.

But David thought about it and realized that it was exactly what happened.

If only it were true that the entire Smith Capital was up and down.

If the investment is all in charge of Abel.

There is no need for traders at all, only a small number of traders.

These Wall Street elites that the company expanded.

There would be no need for them to exist.

Thinking of this, David nodded:

"My king, you're right. Okay, then it's up to them next."

Abel nodded, a little satisfied.

Abel felt that this was the only way.

Smith Capital, can become more and more formalized.

Instead of being a tool for him all the time.

Smith Capital wants to be a true Wall Street financial giant.

This kind of regularization is absolutely unavoidable and cannot be left unavoided.

It's just that he is a gifted person in charge.

Smith Capital in the process of formalization.

There is no need to be like Goldman Sachs, which needs to accumulate their fame, capital, and connections through a hundred years.

You don't have to walk cautiously like them, for fear of making a mistake.

Regularization of Smith Capital, as long as Abel is there.

You can go faster than anyone else.

And after formalization of Smith Capital.

It will also be more convincing in attracting investors like Warren Buffett.

Otherwise there is only one building for one.

More than 100 employees, a company with a cash flow of 1 or 20 billion.

The market capitalization valuation is so exaggerated.

Even if there is a VAM agreement to support it, there is Abel's name in town.

Those consortia will hesitate to invest in the same way.

After chatting with David a little more, Abel asked David to go out to work.

In today's Smith Capital, David is not as idle as before.

As the company's general manager, David now has more than just managing the company.

He also has to keep an eye on all the investments of the entire company, including the traders who can already start soliciting on their own.

Smith Capital's doors are now open to those investors.

With the window of the Pacific Commercial Bank.

Smith Capital can now act as a middleman, that is, a brokerage.

Retail investors like Abel at the beginning.

They now have the option to open an account with Smith Capital.

Through Smith Capital, a brokerage, you can invest or buy financial products in the market.

They can also choose to buy Smith Capital's financial products directly.

You only need to take a certain amount of risk, provide a certain share, and then you can sit back and enjoy the profits.

In addition to the scale, so to speak.

Smiths Capital is now becoming more and more like a formal investment bank.

This is the first expansion of Smiths Capital in its 10th month.

Morning in the company.

A little earlier in the afternoon.

Abel had already appeared in a huge clearing near the Anderson Bay Pier.

In New York, it snows in February, too.

Abel braved the light snow and came to the Hudson Bay clearing, of course

I'm not here to blow the sea breeze.

Along with him is the current City of New York City. Long Rudy Giuliani.

and City Council Elder Pete Wallon.

"What a huge piece of land."

"It's right in the heart of Manhattan."

"Seven blocks away is the Empire State Building, and eight blocks away is the Middle House. Young Park."

"It's a half-hour walk to the Rockfeller Center, and within a 10-minute bike ride to the Metropolitan Museum."

"In front of it, the best tourist pier in the whole of Manhattan can be built, and even a super berth for 100,000-ton cruise ships can be built."

"Such a hot land, but because too many people want to benefit from it, it has been abandoned here."

"If only New York could be anthropomorphic. I think our New York mothers must be very disappointed in us, their children."

Abel's voice echoed across the empty Hudson Bay heath.

He was surrounded by hundreds of people.

Most of them are his attachés and bodyguards. There were also attachés and bodyguards for two other people.

"Mr. Smith"

Old Pete Wallon was hunched up, and the old man was almost ninety.

It's not easy to come out on such a cold day and brave the wind and snow.

"I think if you come out and run. With your public speaking skills, you will be able to do a great job in our industry as well."

"Ha~" Facing old Pete Wallon, he sighed at his rather demagogic words just now.

Abel said very seriously:

"Dear old Pete, when I turn thirty-five, I will definitely stand up and speak for you."

This sentence immediately made Rudy Giuliani and old Pete Wallon stare at Abel seriously.

In the United States, Article II, Paragraph 1 of the Constitution provides:

The President of the United States must be at least 35 years of age and have resided in the United States for at least 14 years.

It must also be a "natural-born U.S. citizen," that is, an American born in the United States.

Except for the 35-year-old rule, Abel met all the conditions.

The two old fellows saw seriousness in Abel's face.

This made the faces of the two old fellows solemn.

And seeing this solemnity on their faces, Abel suddenly laughed:

"Just kidding. The white house is a shabby place, how can I live in my villa? I can't raise a whole bunch of models or beauties in there!"

"Alright."

"Straight to the point."

Abel said:

"Rudy, old Pete. What are you thinking about? Why don't you step up and work together to solve the problems of Manhattan's best place?"

Last time, when the two of them came forward to participate in Elizabeth's back garden, Christmas Eve show.

In front of the two people in front of him, Abel mentioned to them the project of Desmond Bay City Plaza.

At that time, the two old guys didn't give any answer.

Later, Abel chased them again.

The two said separately to give them some time to think about it.

A month had passed, and Abel had asked them out again.

I just want to see what the two of them are thinking about.

Feel the young Abel, who is full of vitality and aggressive.

Rudy Giuliani only felt that he and old Pete were full of thick twilight.

Rudy looked at old Pete, and he saw that his old partner was also looking at him.

Rudy knew that this was the meaning of his old partner and wanted to come out and respond on his own.

In the midst of the cold wind, the city. Chang exhaled softly.

"Whew"

The air formed a white mist in front of Rudy's eyes, drifting towards the sky.

This made Rudy feel that it was not only floating away

It's carbon dioxide and water in your body.

It also takes away its own age and spirit.

"We're old." Rudy Giuliani's pupils dimmed and stared at Abel.

"Dear Abel. Pete and I are both old. We don't have the energy."

Rudy Giuliani's answer was a bit old-fashioned.

Don't need him to say it too clearly, Abel has already understood what the two New York bigwigs mean.

They don't want to insert.

This time it was Abel's turn to take a deep breath.

It's just that he spit out a large breath of air, and the white mist that turned into a cold wind is much thicker than Rudy's.

Young people are strong, young people have strong vitality.

Abel was not discouraged, he had thought of this possibility before he came.

"Okay." Abel whispered:

"So be it. Rudy, old Pete, I wish you a happy old age."

"Goodbye!"

Waving at the two old men, Able turned around and left with a blank face.

Wait until he's gone.

Behind old Pete Wallon, a white man about fifty years old couldn't help but whisper:

"How dare he, how dare he do this?! Standing here is New York City. Chief, and the Speaker of the New York Council!"

The man who opened his mouth was named Pete Wallon.

That's right, it's the son of old Pete Wallon.

One of the members of the New York City Council, Pete Wallon Sr., one of the Speaker's horses.

Americans don't talk about the virtuous and avoiding relatives, but the Americans pay attention to the virtuous and not avoiding relatives.

The closer the relationship, the more you want everyone to play together.

Fathers and sons, grandfathers and grandchildren can all appear.

Father and son are nothing.

Looking at his angry son, old Pete Wallon felt a little disappointed.

Rudy Giuliani whispered to Pete Wallon:

"Of course he dared. He's half a member of the Bush family. He and Bloomberg had such a good relationship. He even has good relations with Rockfeller and Morgun, and he's a Wall Street giant himself."

"And what about us? Dear little Pete. My body is no longer good. Your father's body is gone. We can't survive this year's election in New York."

"We're out of the gas. Little Pete, and he's red."

"But. But little Pete Wallon was a little speechless.

Pete Wallon Jr. doesn't understand this.

If you don't understand, Abel was like that just now.

Pete Wallon Jr. had already jumped out and reprimanded loudly.

The son of old Pete Wallon, he just doesn't want to admit that his father and Rudy Giuliani are old.

"Hey~"

Pete Wallon Sr. sighed:

"That's it. Step by step, go through this last period of time. In the future, you young people will go on your own."

After finishing speaking, he ignored his son's disappointed gaze, turned around and left in the cold wind.

Rudy Giuliani shook his head, and walked away with his old friend with an old step.

"Madefaq!"

Manhattan.

Inside a warm pizzeria.

Abel's scolding was heard.

I saw that there were no extra customers in the pizzeria.

Abel said unhappily to Bloomberg on the other side:

"They don't want to. These remnants of the old times dare not get on our chariot."

"It's so normal." Bloomberg laughed and said:

"They can't trust you, they're worried about me picking their peaches."

Abel shrugged, he suddenly stood up and shouted at the shopkeeper not far behind Bloomberg:

"Old Charlie! Is my chicken pizza ready? I'm dying of hunger, hurry up and serve the food!"

The owner and chef of Charlie Brown's Pizzeria.

Old Charlie muttered, "Madefaq! My nap is in the soup again!"

"It's almost there! Do you think a delicious chicken pizza can be so fast? It's fast, it's all fast food!" Old Charlie replied loudly.

"Hey~ Pizza is supposed to be fast food. Your pizza isn't like fast food!" Abel shouted.

Old Charlie was furious: "It's just different!"

Seeing that the old man was angry, Abel sat down with a laugh.

He said to Bloomberg, who was visiting Charlie Brown's pizzeria for the first time:

"That's how this old guy is, I know him too well."

Bloomberg had a strange expression.

The founder of Bloomberg, for the first time, saw a slightly funny scene in Abel.

Mr. Bloomberg smiled back.

Then Abel spoke.

「. When I first came to New York, I had my first meal here."

「. I was a poor man, and I had only seventy dollars on me."

「.」

「. Wait until you have a little bit of money. I still come here once or twice a week to eat."

"It's both about tasting the food and telling myself."

At this time, old Charlie came over with a large plate of chicken pizza.

While putting the chicken pizza on the table, the elder Charlie, who interrupted Abel's speech, said to Bloomberg:

"Guest, don't listen to his bragging. This Mr. Smith of ours, he says this to every guest he brings here."

"At first, he said he had brought $70,000."

"Then it became ten thousand dollars, then seven thousand dollars, then seven hundred dollars. Behind that, good fellow, there's only seventy dollars left!"

"Faster than being robbed by Nibi!"

Noticed the presence of black members of the bodyguard group in the restaurant.

Old Charlie changed his mind.

Old Charlie also said that Abel had already stood up and pushed him away.

", go back to your kitchen, the pizza has arrived, and you are no longer needed here."

"Hmph~" The old man pretended to be dissatisfied and left happily.

"Ha~"

Abel sat down with a smile, "Old Charlie has always been like this, he loves to tear down other people's platforms."

"I think it's funny." Bloomberg suddenly smiled and said:

"When I had my first million. I still have some genuine friends."

"By the time I have my first billion. I don't have a true friend anymore."

"And you, Mr. Smith. You're very lucky. You've got an incredible fortune, but in this pizzeria, apparently you have a friend."

Able was stunned.

It suddenly occurred to him that there was some truth in what Mr. Bloomberg had said.

It seems that he really does this because old Charlie never colors himself.

Unlike others who give in easily in the face of their money and power.

Including their own women.

That's why I like to brag in front of old Charlie.

I especially like to eat the chicken pizza made by the old guys.

Otherwise, what kind of delicacy has he not tasted?

How could it be that one of the most common fast food in the United States would be obsessed with.

"Okay."

Abel smiles:

"You have a point. Yes, for people like us, friends are the most expensive luxury."

Bloomberg smiled.

"Alright." Abel's tone became relaxed.

"Now let's talk about how to get the most valuable land in New York."