Chapter 32 DS Capital
In fact, at this time, Barron had already figured out that as a family tradition, those industries, including the family trust fund, Yulia’s stable character is indeed the most important appropriate.
As for the financial investment he hopes to make, he can start from scratch.
At the beginning, Barron, who had been a financial investment practitioner for many years in his previous life, had not thought about abandoning all the traditional industries that the family was currently involved in, which in his eyes obviously did not have much development prospects. Therefore, we mainly lay out ideas in directions with greater development potential, such as finance and the Internet.
But after this period of thinking, he gradually understood that when he needed to maintain a family, especially a family in England with various historical origins and the relationships developed from it, , we can no longer just look at the accumulation of wealth.
Just like when a family encounters some crisis, the family that only owns wealth and those that are related to thousands of livelihoods - even if the wealth of the former is much higher than that of the latter, in reality, the latter may be able to get official The rescue of the former, and the loss of the former will not make people hesitate too much.
It is simply wealth. In fact, for the official, it is not that important. The most important criterion measured by the other party is your significance in maintaining social stability.
Although finance and the Internet can increase wealth rapidly, it is the traditional industries that can provide more jobs, especially in voting countries like England. The more people you can influence Livelihood, correspondingly will have a greater say.
In the end, it comes back to that sentence: The mission of the nobles is to provide more jobs.
……
"Daisy, it's nice to see you again. You are much more capable than in school..."
"I accept your compliment, Barron, this is better than you saying that I am more beautiful."
As soon as he returned to London, Barron made an appointment to meet Daisy.
The two have had preliminary communication on the phone before. Time is urgent, and Barron still hopes to build his financial investment team as soon as possible.
“Haha, your character has not changed.”
Barron smiled and looked at the woman in front of him, matching the character of the "talented woman" in his memory.
“Otherwise, I wouldn’t need to take over your position. Of course, I don’t mean to say anything bad about you here...”
Taking a sip of the coffee in front of her, Daisy shrugged and said :
"After all, you may be my boss in the future. Maybe this place will be more suitable than a place like Lloyds Bank, who knows."
Her previous resume, Barron already knew everything.
After graduation, Daisy passed the interview with Lloyds Bank with excellent grades and outstanding performance, and entered the investment department of this banking giant, which is one of the four largest private banks in the UK along with Barclays Bank.
And during this year, Daisy's performance in her department was also quite good.
“You know, in this kind of investment bank, men always have more opportunities for promotion, even if their performance is far behind me... They have to endure this obvious It's unfair, and you still encounter that kind of thing..."
When talking about her previous job, Daisy couldn't help but complain.
“It doesn’t seem so appropriate to say this in front of your new boss, dear Daisy.”
"At least you're not yet, Barron."
"Okay, but what I want to know is, Daisy, what would you do if the investment instructions I gave you seemed stupid to you? Do it?”
“Well, I still have basic professionalism, Barron, as you said, if it is an investment strategy that I think is stupid, I will give my own opinion. , as for whether to adopt it or not, that is your business. I will still invest according to your instructions. After all, it is your money and you have the right to decide.”
As for Daisy’s answer, Barron. Still satisfied, to be honest, he found Daisy as his investment assistant. The most important thing is that the other party knows the basics. She has a good relationship with his predecessor, so Barron can give some trust. As for the other party's ability, it is not very important to Barron. She only needs to be familiar with the basic operations of financial investment. How can she be able to enter Lloyds Bank and have good performance? Said that these requirements can be met.
After all, in fact, all his investment assistant needs to do is to implement Barron's investment decision.
On the contrary, Barron is worried that the other party's ability is too strong - to be precise, he thinks that his ability is too strong, and he will have a greater self-awareness, so he will often question his own decisions, and even violate them. It was the worst for him.
So after understanding Daisy’s character, the first thing Barron needed to confirm was this.
"Then I have no problem, as long as you can do what you said."
"Does this mean I passed?"
"Yes, Daisy, what's your decision?"
"At least now it seems that you are much more mature than when you were in school, Barron, or I should change my name to call you BOSS now."
......
Daisy had already made preparations during the previous phone call, so after this meeting, she could join the job immediately.
The first task Barron gave Daisy was to immediately help him register an investment company to serve as the main body of his upcoming financial investment.
The investment company Barron’s is named DS Capital, which is derived from the two elements of deer and saffron in the coat of arms of the Duke of Devonshire family.
And this name is consistent with the first letters of the two roots that make up Devonshire.
In the early stage, Barron will first spend 2 million pounds to let Daisy buy a Nasdaq stock - NetEase, a portal from China.
Fortunately, London, as one of the international financial centers, has local brokerage firms that can directly purchase Nasdaq stocks in the United States, so there is no need to make a trip to the United States.
As one of China's early Internet portals, NetEase was listed on the NASDAQ in the United States in 2000.
But unfortunately, they soon encountered the global Internet bubble bursting. Affected by this, NetArt's valuation plummeted last year, from US$15.5 to US$0.48.
In addition, at this time NetEase was suspected of accounting and financial fraud and was facing lawsuits from investors. The stock was suspended from trading by Nasdaq and may be delisted at any time.
After the stock resumed trading this year, Netease’s stock price has continued to be below US$1, and even fell below US$0.5 at one point.
The reason why Barron decided to buy NetEase shares was because in his previous life, Duan Yongping, the founder of BBK, was very famous for investing in NetEase shares and buying them at a price of less than $1. In the end, I made more than 70 times the profit on NetEase stock.
He bought NetEase stock at about this stage, so he had such an opportunity to rise more than a hundred times - you must know that NetEase's stock price later exceeded 100 US dollars, and Duan Yongping's stock price exceeded 30 The U.S. dollar has already started selling - Barron's certainly won't miss it.
However, because NetArt itself has only a little over 30 million shares in circulation, Barron first spent 2 million pounds to buy the stock, and then decided whether to increase the position based on the situation.
The data during the new book period is related to subsequent recommendations, so follow-up reading is very important. I beg you not to keep it all the time. If you feel it is okay, read it every day to help increase follow-up reading. Thank you very much.
(End of this chapter)