America 1919-Chapter 829 - 284, Finalize the New York Central Railroad Company

Chapter 829: 284, Finalize the New York Central Railroad Company

Jesse Livermore is regarded as the greatest US stock investor of the century for a reason!

Just from the other party’s judgment, one can discern their capabilities.

Entering 1923, the US stock market indeed started moving towards a bull market, but the pace was not very noticeable. A true explosion in the stock market wouldn’t occur until after 1926.

However, it is undeniable that purchasing certain key stocks now will indeed bring considerable profits in the future.

But now, Donnie has already invested all his capital in the Miami real estate market, so he can only reject Jesse Livermore’s recommendation.

“No hurry, the company’s funds have already been deployed elsewhere. During this period, you may buy some stocks based on your analysis, but making large purchases is not an option!”

When Cres Investment Company was established, Donnie deposited 10 million US Dollars into the company’s account. Even though Donnie has been active in various operations, he has not touched this fund, leaving it to Jesse Livermore to manage.

At the same time, Jesse Livermore arranged for this fund to be divided into two parts: one part for Jesse himself to handle in short-term operations, and the other part to invest in new companies that the company believes have future development prospects.

During this period, Cres Investment Company has already invested in three emerging companies, one developing agricultural machinery, one in seed research, and another in drug research.

However, these three companies are new and their returns aren’t visible yet.

As for these matters, Donnie just glanced at the report and didn’t take them too seriously.

Jesse Livermore now also serves in the high echelons of the Venus Consortium and has learned some details about Donnie’s cash flow, knowing that Donnie receives at least 15 million US Dollars in net income each month, so Donnie saying the company funds have been used elsewhere still unavoidably surprises him.

This is 15 million US Dollars!

However, after a moment of thought, he understood that such matters were not his concern and thus he accepted Donnie’s explanation.

Afterward, Donnie met Nucky upon his return to New York, and after a conversation, Donnie stayed in New York.

A week later, Fei Jackson came to New York, bringing with him a majority of the Vanderbilt Family’s signed transfer documents about selling their shares in the New York Central Railroad Company.

“Now only Harold Vanderbilt is left. Boss, do you want to meet him in person, or shall I negotiate with him on this matter?”

According to Donnie’s plan, Fei Jackson was to first acquire the shares of the other Vanderbilt Family members in the New York Central Railroad Company, and then focus on defeating Harold Vanderbilt.

Donnie pondered and spoke: “I’ll contact him. If you go, it could potentially cause dissatisfaction on his part!”

Although the Vanderbilt Family is on the decline, it is still a once prominent American family. Even a fallen donkey casts a big shadow, and if Fei Jackson were to contact Harold Vanderbilt, it could likely make him feel disrespected.

If Harold Vanderbilt turned to the Rockefeller Family at this time, it would be a minor but troubling issue for Donnie!

Fei Jackson nodded and said: “Alright!”

Arranging a meeting with Harold Vanderbilt was not a difficult task, as through the Surf Hotel’s God of Gamblers competition, Donnie and Harold Vanderbilt had already met!

In their echelon, having met once means having friends!

“Donnie, when did you come to New York, you should have called me in advance, so I could have made better arrangements!”

Upon seeing Donnie, Harold Vanderbilt let out a hearty laugh, and rose warmly from his study’s chair to embrace him!

Donnie patted his shoulder, and after they parted, Donnie sat down on the sofa.

“I’ve been here for a while, but you know, with so many company matters to handle, I always need to prioritize them!”

“You’ve hired so many people and spent so much money, you should let them handle things, and you should learn to enjoy life!”

Although Harold Vanderbilt is the most outstanding talent from the fourth generation of the Vanderbilt Family, his words still carry the distinct manner of the Vanderbilt Family!

“Born to toil!” Donnie casually waved his hand, smiling as he spoke with Harold Vanderbilt: “Harold, I’ve come this time with serious business I want to discuss with you!”

Harold Vanderbilt laughed: “You wouldn’t be asking me to be a referee for this year’s God of Gamblers competition, would you?”

As researched by Surf Hotel, the God of Gamblers competition is held annually!

Donnie smiled and said: “If you’re interested, I have no objections, and I’ll have Surf Hotel send you an invitation!”

Harold Vanderbilt immediately showed an excited expression and said laughingly: “Then I must clear my schedule for this year!”

After they settled this matter, Donnie revealed his true intentions to Harold Vanderbilt.

“Harold, we are friends, and I’ll be straightforward with you, I came here to represent Venus Bank in acquiring the Vanderbilt Family’s shares in the New York Central Railroad Company!”

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