Chapter 117: Trouble for others
After thinking for a moment, Deborah picked up the teapot and added a cup of tea to herself, and the moment she leaned over, Locke saw a touch of snow white.
"Let's talk about the little trouble first." Taking a sip of black tea, Deborah said.
"I have a batch of antiques in my hands, which I inherited with my inheritance, and I want to use them as collateral to get a loan, but the value of the antiques fluctuates greatly, and the valuation given by the bank does not meet my expectations."
Today, in addition to the investment income from Sky Fund, the equity of a number of companies owned by Locke's private office can bring a large amount of dividends every year.
If these dividends are not spent, they will definitely be swept away by the tax bureau, so he has been cooperating with those big brokerages and investment banks to acquire shares of Zhongyi companies.
Among them, high-tech companies such as Microsoft and Intel account for nearly 50%, because these companies have relatively high returns.
In addition, Locke focuses on investing in various bank stocks, and because of some information he has known in his previous life, he is very partial to Wells Fargo.
The bank was originally a small local bank in California, but through continuous mergers and acquisitions, it has now initially developed into a national bank with California as the core.
At this time, Wells Fargo has already shown its initial glory, and Locke knows that the bank will develop rapidly in the next ten years, and there are many people who are optimistic about this bank, including Warren Buffett.
Warren Buffett invested heavily in Wells Fargo a few years ago and has become the largest private shareholder of Wells Fargo.
Locke had contact with the other party and wanted to buy the shares in the other party's hands.
Warren Buffett is an investment business, and he invests in Wells Fargo to make a profit, not like Locke, who intends to control the business himself, and if the price is right, he can naturally sell it.
After some negotiations, Locke slowly raised his terms from a premium of 5 percent to 8 percent, and the other party still did not relent, insisting on a 12 percent premium acquisition.
The dividends in Locke's hands are not enough, and most of the rest of the cash is invested in the sky fund and overseas accounts, and is invested in next year's sterling crisis, or the crisis in Europe.
This requires another large amount of money, and a loan from a bank is the most suitable option.
The antiques he spoke of were part of the treasures under Trinity Church, and these were carefully selected by Locke so that they would not cause trouble.
As for why he chose a mortgage instead of selling outright, it is because there are too many of them, the period of wanting to realize is too long, and there are too many opportunities for Rock to seize.
In addition to Wells Fargo, there are many companies that he wants to invest in and need capital.
The Eagle family owns their own bank and has stakes in a number of top banks, and Locke wants to use Deborah in front of him to get better loan terms.
"You're not going to fool people with a bunch of fake antiques, are you?" Deborah looked at Locke with a smirk.
"Of course not." Locke emphasized: "I'm going to mortgage a lot of antiques. ”
"In that case, I can do you a favor, but double the amount you promise." Deborah put forward her own conditions.
"Ten million dollars, a year into 30 million dollars, your request is not easy to meet." Locke said.
"That's my condition." Deborah's tone was resolute, she needed a very successful investment to have enough money.
Because of her status as a woman, Deborah was not listed as the heir of the family to cultivate at the beginning, and she only got a chance through years of hard work and calculation.
But at the beginning, she was not as close to her relatives as she received $10 million in start-up capital, but the other six candidates, all men, received twice as much as she.
On top of that, the level of support you can get from your family is even more extraordinary.
Don't look at the feminist movement a few years ago, but until now, the old patriarchy and patriarchal system are still difficult to break.
This is especially true in a big family like the You Ying family, just like the words she heard the most from her elders and even her mother.
"No matter how much is lost, the family must remain intact."
"If your marriage breaks down, you either try to accept other men or you become cynical!"
"If you lose a child, then you can't be happy."
If she wants to take control of her own destiny, the first step must be good, even amazing enough, so she chooses to take some risks here at Locke.
At the same time, she will try her best to get enough returns.
"Then it's decided." After a moment's consideration, Locke raised the teacup in his hand.
"It's a deal." The two of them touched a glass in the air, which can be regarded as a preliminary cooperation.
It's a party, but it's more akin to a potluck, with more than thirty people sitting at the same long table at seven o'clock in the evening, where steaks, fruits and vegetables are all grown on the estate and cooked by a dedicated chef.
Most of these people knew each other, both children of high-class celebrities and relatives of Deborah.
Locke's fame has gradually spread to the upper echelons of the United States, no longer confined to New York circles, and his track record is good enough, and the Sky Fund seems to be very successful so far.
Even Tang Wei and Peggy received benefits, and obtained a string of ruby necklaces and bracelets from Deborah's mother, which was said to have belonged to a certain French princess.
Unconsciously, Locke became the focus of the dinner scene, chatting with these people about financial investment, maybe he could attract a few big customers.
In fact, many people have shown a willingness to invest, but if you really want them to take out their money, they still need to do more work.
After eating, he pulled a few people with investment ideas to play poker, and each took out $50,000, which was a small pastime, and everyone here didn't care much.
In addition to this, there are several rounds, like the most popular blackjack and Texas Hold'em, where the stakes are even bigger than on their side.
In the end, two investors were successfully finalized, with a total order of 17 million US dollars, which can be regarded as a tentative investment.
Tang Wei and Peggy followed a certain cousin of Deborah to visit the sculpture garden, there are many family members, there are basically various parties in the entire manor every day, and they are more familiar with each other to help receive guests.
After seeing the You Ying family's manor, Tang Wei, who originally thought that he had seen a lot with Locke, opened his eyes again, but Peggy behaved relatively calmly, not like a little girl.
Staying until about ten o'clock in the evening, Locke finally could not resist Deborah's enthusiasm and stayed overnight in the manor with Tang Wei Peggy.
When Locke finished tossing Tang Wei, he was still full of energy and was about to go to the big bathroom to run and exercise to relax, but he didn't expect to meet Deborah.
Needless to say, Don alone couldn't completely entertain Locke, and Deborah didn't have any intention of refusing, so the two of them went to Deborah's bedroom to see the stars together.
The next day, Locke asked Deborah to help him buy a 1.6% stake in Microsoft from a single person.
Although something happened, the two of them were more like business partners, because they both knew that the other person was the kind of person who was extremely selfish, and the events of the evening were more like a little embellishment of the partnership.
It's not bad to have a relationship, but it's strange to say that an important way to maintain a relationship is to trouble others.
You help me, I help you, and the relationship will be closer when you come and go.
(End of chapter)