1928: The rise of giant merchants

Why is it him?

Liu Xuenong quickly sat upright and pretended to drink coffee and eat something, but from the corner of his eye, he glanced at Ye Luo and Ye Luo from time to time.

I didn't listen to his arrangements and continued to invest in stocks without authorization, using the money of Hongxing and important military and political officials of the Republic of China. If he found out, I would be dead.

Liu Xuenong knew that only by relying on this opportunity to become famous without Ye Luo, would he be able to climb into New York's upper class society in the future. He could not resist the temptation and resolutely took the risk.

It must not be noticed at this critical moment.

On the other side, Roger Babson and Ye Luo were talking and laughing, and soon came to the center of the restaurant and occupied the best seat.

As soon as Roger Babson arrived, the speculators dining here immediately gathered around, and the bold ones even asked directly, hoping to learn some lessons from this senior.

As for Ye Luo, who was ridiculed by the media a while ago and turned into a clown, he was directly ignored.

Ye Luo looked at his extremely high popularity and couldn't help but sigh in his heart. He was indeed a genius who made a fortune on the New York Stock Exchange and the darling of the times. He seemed to have the aura of a protagonist wherever he went.

Historically, Roger Babson did not really make a lot of money from the collapse of the U.S. stock market, but he contributed the most critical step.

The phrase "the stock market will crash sooner or later" that he said while drunk at a Wall Street financial dinner was included in the "Dow Jones Financial" journal and was placed at the top of the list together with Yello's paper. Wall Street tycoons praised the two as "The financial world is like a dragon and a phoenix."

But soon, Roger Babson returned to the public eye with his superb investment skills.

It may also be related to his pure American origin. The new darling of Wall Street six months ago has once again come to the spotlight and continues to enjoy the various benefits that fame brings.

Because the two had the same experience, and Roger Babson admired Yelo's abilities very much, they invited him to be his companions after they got acquainted, attending various financial gatherings.

Today, he will usher in a historic moment.

"Hey, guys, stop, please listen to me." Roger Babson was obviously moved by the enthusiasm of the people around him. He took the wine glass and stood up obliviously. "I have an excellent opportunity to make money here. , do you want to hear it?"

"Of course, sir! Please say it!" the crowd began to cheer.

Such scenes could be seen everywhere in 1929.

These days, you'll hear similar conversations among wealthy people whether they're gathering in offices, in suburban food trucks, at lunch tables downtown or in country club locker rooms.

It's not just where the rich hang out that you hear people discussing the stock market.

In more ordinary areas, you'll see janitors turn over their savings to Montgomery Ward Company, cowboys have margin accounts with the American Can Company, and babysitters just bought stock in City Services.

Conversations about the stock market are heard over and over again at dinner parties, on streetcars, on commuter trains, among gas station employees, and among bookkeepers dining in the cafeteria.

Stories about big winners, speculation about fools' methods for predicting the stock market, and gossip about Packard's current earnings formed the dominant theme of the era.

To set the mood, Roger Babson made an astonishing statement: "At one o'clock in the afternoon, I had an important speech at the Wall Street Financial Seminar. In fact, I have been bearish on the stock market since 1927. I think this is another time It’s an excellent sneak attack opportunity. If you want to make big money, start shorting U.S. stocks!”

Liu Xuenong listened in the corner and was stunned for a while.

Shorting U.S. stocks?

Could it be that he was the one who recently sold a large number of high-priced stocks in the stock market?

My mind is full of doubts and confusion.

In the end, Liu Xuenong didn't know how he walked out of that restaurant.

Ye Luo, who was trapped in the middle, had actually noticed Liu Xuenong for a long time.

After giving birth to the child, Huixin, who did not need to breastfeed or take care of Li Siye, often had breast augmentation. In addition, the living conditions here were more favorable and her body recovered quickly. She asked Ye Luo to help her solve the breast augmentation problem almost every night.

From Huixin, Ye Luo also learned about Liu Xuenong's situation at all times.

To be honest, Ye Luo didn't want to kill the young man he had brought into the U.S. stock market.

Many of his ideas are different from Situ Meitang. Although he admits in his heart that those who do big things do not stick to trivial matters, but it is difficult to attack innocent people.

This was once ridiculed as hypocritical by Mr. Situ Meitang.

Just be hypocritical.

This is also the reason why Ye Luoli secured Luo Fei, the Hongmen disciple who introduced Huixin to him.

But if the other party doesn't understand the current affairs, or starts to go against himself, then Ye Luo will let him experience the cruelty of business war.

The three Yongxing tycoons should still remember this.

Liu Xuenong misappropriated a large amount of Hongxing's funds and secretly contacted important officials in the military and political circles of the Republic of China. He thought he was doing it without anyone noticing, but little did he know that although Ye Luo left, his eyes were all over Hongxing.

Historically, important military and political figures used their wealth and anointing either for war or to please the invaders. In short, they did not do any good.

In this case, why can't the money go into Ye Luo's pocket and play a better role?

But even relying on U.S. stocks, snatching so much wealth is still very risky.

This is why Ye Luo has to have so many babies, including the American Hongmen, Hui Xin wearing the identity of Rose DeWitt Booker, Hongxing United Group, Liu Xuenong, and deliberately putting herself At a disadvantage.

All this is to allow them to dig their own holes and jump out of them.

When Song Ziwen, Kong Xiangxi and others lose money, they will only feel that they did not listen to advice and were manipulated by the US stock market. Not only will they not be at odds with Ye Luo, but they will also gain a good impression.

With these good feelings and the funds snatched from them, Ye Luo was able to disgust the Japanese invaders a little and use all the money on the right path!

It is true that tens of millions, or even hundreds of millions of dollars, are still a drop in the bucket for the coming catastrophe.

But as long as it can make the war a little less difficult, it will be a great merit.

Otherwise, why would he be doing thankless work on military projects and high technology?

Wouldn’t it be nice to just make crazy money and then run away with it?

"Since you are going to be the scapegoat, don't blame me, Xue Nong." Ye Luo drank the last sip of coffee, high-fived Roger Babson, and both of them left the restaurant.

"Ye, I think such a perfect 'performance' today, coupled with the speech in the afternoon, should shake the stock market. This sneak attack must have a lot of gains." Roger Babson is not one of those fools.

If the stock market is good, he will be long; if the stock market is bad, he will be short.

How to make money.

Because the two agreed on the direction of U.S. stocks in September, he enthusiastically came to seek cooperation with Ye Luo.

This man is completely different from the extremely paranoid Livermore.

Roger Babson was the clever speculator, Livermore the devout believer.

"There is an old saying in our country: bite off more than you can chew, don't short too much, and don't extend the timeline too long." Ye Luo said.

Roger Babson nodded: "Yeah, speaking of which, what are you going to do with this money? I'm going to invest all the funds in my school."

He was talking about Babson College, which he invested in and founded ten years ago. In the 2019 Georgetown Net Present Value (NPV) statistics of the average career salary of alumni minus tuition fees, Babson College graduates were ranked 40 years after graduation. The per capita US$1.98 million exceeds that of Harvard University. (See Baidu Encyclopedia for details)

It is a very awesome business school!

"Haha, I don't have that big ambition. If I have money, I will use it for enjoyment." Ye Luo smiled casually. Could it be that I told you that I would invest the money in military research and buy aircraft, tanks and cannons? (End of chapter)