Chapter 1000: 341, Super Family

“It turns out those so-called financial experts are just armchair strategists!”

In the ABC New York headquarters, Donnie sat in his office, smiling after listening to Jesse Livermore’s report.

“When I analyze market trends, I never listen to the advice of these so-called financial experts!”

Jesse Livermore shared the same view as Donnie.

After Apollo Chain went public, these financial experts all gave the same opinion as the “Wall Street Journal,” acknowledging Apollo Chain’s increase in market value, but believing it should definitely not exceed 500 million US Dollars.

Therefore, these experts believed that Apollo Chain’s share price would start to decline in the next few days.

But the result slapped these experts in the face; now that Apollo Chain has been public for more than a week, the share price has stabilized at 5.5 US Dollars per share, even with Donnie having Jesse Livermore release 10 million shares during this period. Without these 10 million shares hitting the market, Apollo Chain’s share price might have broken through 6 US Dollars per share.

“Jesse, in the coming period, just monitor the stock market without making any large-scale acquisitions!”

Donnie instructed Jesse Livermore.

After releasing these 10 million shares, Donnie’s holdings in Apollo Chain reduced to only 40%, so now Donnie has to ensure no one makes large-scale acquisitions of Apollo Chain’s shares.

Jesse Livermore nodded and said, “Understood!”

Then Jesse Livermore reported another matter to Donnie. With the successful IPO of Apollo Chain, Venus Bank has now received many invitations for cooperation on listings.

“You handle this matter specifically, no need to report to me again!” Donnie was not surprised by this outcome; a securities firm that completed an IPO for a company worth over 500 million US Dollars would naturally be anticipated by other companies.

Previously, Merrill hosted a listing for a company valued at 46 million US Dollars, which made Merrill the new upstart on Wall Street, let alone Venus Bank!

As the investment director of Venus Bank, Jesse Livermore was naturally responsible for this matter.

Nowadays, Jesse Livermore has shifted his work focus to Venus Bank and is no longer the lone wolf he used to be, only occasionally using his funds to buy some stocks.

“Understood, boss, rest assured!”

Jesse Livermore then reported some recent investments of Venus Bank to Donnie, and then left Donnie’s office.

After Jesse Livermore left, Robert spoke: “The Trident Shipyard listed, raising 8.1 million US Dollars in the name of the company, we sold 10% of the shares, earning 3 million US Dollars, United Artists listed, raising 9 million US Dollars in the name of the company, similarly we sold 10% of the shares, earning 4 million US Dollars, most importantly Apollo Chain in the stock market raised 110 million US Dollars in the name of the company, we sold 10% of the shares, earning 55 million US Dollars.

In other words, the three companies now have a total of 127.1 million US Dollars in mobilizable liquid funds, and we ourselves obtained 62 million US Dollars in liquid funds from these three listings, additionally, the private liquor business and casino business have provided us with 60 million US Dollars in liquid funds, meaning in the upcoming acquisition of Kuhn, Loeb & Co. consortium, we can bring out 249.1 million US Dollars!

Additionally, I discussed with Cafe that in the second half of the year we need to set aside some funds to pay taxes on these revenue gains!”

The United States does not require you to pay taxes immediately after completing a transaction; there is a deadline, and you just need to pay your taxes within this deadline.

Simply put, this deadline actually gives people like Donnie time to find ways for reasonable tax avoidance!

Controlling Warburg Company does not actually require so much money; remember, Donnie is not the only one acquiring Kuhn, Loeb & Co. consortium, there are also the forces of Mellon, Morgan, and Rockefeller.

Now Donnie needs to raise so much capital mainly for the shares of the subsidiary companies under Kuhn, Loeb & Co. consortium.

Donnie nodded and said, “The next period is the most critical, there cannot be any mistakes!”

No matter how things go with the listings of Trident Shipyard, United Artists, and Apollo Chain, Donnie’s true purpose is still the acquisition of Kuhn, Loeb & Co. consortium!

Sitting next to Robert, Fei Jackson asked Donnie: “Boss, Felix Warburg has come twice already, both times about the two hotels in Atlantic City, should we give them a reply?”

Under Paul Warburg’s instruction, Felix Warburg came to see Donnie the very next day.

Donnie did meet with Felix Warburg, but regarding the matter of the two hotels in Atlantic City, Donnie did not give a clear answer, making the Warburg brothers increasingly anxious.

Donnie pondered for a moment and asked Robert: “How is the situation in Europe?”

To acquire Kuhn, Loeb & Co. consortium, one must pay attention not only to the situation in the United States but also to the Rothschild family in Europe.

Robert said: “Everything is great. Those super speculators led by Casting Grion are now powerless to resist. Now, our capital from the three families in the European government bond market has taken on a rampaging posture.”