Chapter 778: 267. Initiate the acquisition of Breton Bank

Donnie concluded his trip and returned to Atlantic City smoothly.

During a relaxing two months spent in Atlantic City, as time moved into 1923, Helen was already three months pregnant.

The Trident Shipyard also underwent expert surveying, the factory design plans had emerged, and formal construction had begun.

Everything else was on the right track, allowing Donnie to spend more time with both Helen and Alice.

It was during this time that Alice also brought Donnie good news–she was pregnant too!

Such news was, of course, joyous for Donnie, but it kept the entire manor’s servants extremely busy.

Security levels upgraded, service standards upgraded, the number of servants upgraded–it all stepped up a notch!

Even to better care for both Helen and Alice, Margaret moved into the manor.

Though she had followed Donnie earlier on, Margaret was very clear about her own standing and knew it wasn’t possible for her to compete with Helen or Alice.

She now saw herself in the role of a head housekeeper.

Donnie and the two ladies were quite satisfied with this arrangement.

However, in the midst of this, Donnie first received some unwelcome news from New York.

Jesse Livermore told Donnie, “I’ve noticed that recently in the market, two forces are acquiring Sinclair Oil stocks, and from the current buying situation, it’s very likely that the buyers are shareholders of Sinclair Oil. They want to own more shares, that is, they wish to have more say in the boardroom.

Furthermore, we can’t rule out the possibility that they’re bullish on Sinclair Oil’s future share price and want to jump in now for a big profit!”

Donnie agreed with Jesse Livermore’s analysis.

Though Sinclair Oil had not yet formally signed a contract with the Soviet Union, this news had already spread internally.

Anyone with a clear vision could see that the moment Sinclair Oil officially signs with the Soviet side, the stock price of Sinclair Oil is bound to skyrocket.

Investing in Sinclair Oil’s stocks now seems to outsiders to be a very good investment.

With the Baku Oil Field in their possession, Sinclair Oil could become one of America’s largest oil companies overnight.

Now, shareholders of Sinclair Oil naturally hope to own more of the company’s shares and thus become decision-makers at Sinclair Oil.

“Do you know who’s behind this?”

Donnie asked Jesse Livermore.

Jesse Livermore shook his head and said, “I don’t know exactly who, but the company handling this operation, Donnie, you are very familiar with it!”

Donnie, with a smile, asked, “Oh? Who is it?”

Jesse Livermore replied, “It’s the Breton Securities Company established by Breton Bank on Wall Street that’s orchestrating this operation!”

In the last two years, Breton Bank had set sail on the great ship of the Surf Hotel, and its performance had tripled compared to two years ago, and they had started to expand their business to include securities trading and insurance!

After contemplating for a moment, Donnie chuckled and said, “I see, keep an eye on the situation for me, and let me know if there are any major movements!”

Jesse Livermore asked Donnie, “Aren’t we going to buy into Sinclair Oil now? Based on market trends, I think Sinclair Oil’s share price is bound to have a quick growth period!”

If it weren’t for his knowledge of the future world’s direction, Donnie would certainly have taken Jesse Livermore’s advice.

After all, Jesse Livermore’s analysis, from a market perspective, had no issues.

“No need, we just have to watch and wait, I have my own arrangements for this matter!”

“Donnie, if you’re not going to move on it, I personally will, as I trust my own judgment!” Jesse Livermore said this to Donnie.

Donnie sighed helplessly. His relationship with Jesse Livermore was somewhat complex. The latter was not only the chief operator he had recruited for Chris Investment, but Jesse Livermore also had a significant degree of autonomy.

As mentioned before, due to his previous bankruptcy experience, Jesse Livermore had already established his investment philosophy, which was to not trust anyone else’s judgment, only his own.

He recognized that Donnie had better foresight than himself, but he trusted his own judgment more.

Jesse Livermore’s choice now was in line with his investment philosophy; he had to act this way, otherwise, his own investment philosophy would collapse completely.

“Sure!” Donnie knew he couldn’t persuade Jesse Livermore and simply reminded him, “But don’t buy too much, otherwise you’ll be working for me for a longer time!”

Jesse Liverfoot laughed and said, “Maybe I could retire early, who knows!”

Donnie laughed heartily and hung up the phone!

After finishing the call, Donnie dialed Breton Bank President Dick’s number to invite him to visit Atlantic City from New York!

Dick happily accepted Donnie’s invitation, after all, Breton Bank’s current performance had soared thanks to the development of the Surf Hotel.

Soon enough, Donnie met an exuberant Dick in the office of the Surf Hotel!

“Donnie, I haven’t had the chance to properly congratulate you. Both ladies are pregnant. The Block family is truly flourishing!”

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