Chapter 154: Not Playing by the Rules

In this era of mergers and acquisitions between giants, it is normal for big fish to eat small fish and small fish to eat shrimp. This happens all the time in the United States, and Sheffield believes that the accuracy of his mergers and acquisitions should be better than everyone else. Therefore, he has no disdain for the growing beverage industry.

If he had enough cash flow, he would also like to learn from Morgan and expand into various industries, under the pretext of rectifying the industry order, but he has no money? Morgan's mergers are something that ordinary people can learn. Not to mention the question of who has a richer fortune, Morgan himself or old Rockefeller, Morgan himself is in the financial industry, and the Morgan Alliance behind him is too powerful.

Fortunately, the Morgan Alliance had different targets for action. If the powerful industry leaders did not want to be merged, Morgan could do nothing about it. However, no matter what class of people they were in, most people wanted to cash out and leave. In the end, even the steel tycoon chose to do so. Except for a very few people, no one could refuse Morgan.

The advantage now is that Sheffield understands that pure heavy asset families like his own family and the DuPont family are actually in the corner that Morgan ignores the most. The financial industry always has to consider the speed of capital repatriation. In fact, if the Carnegie family does not feel that its development has reached its limit and finally chooses to cash out and leave, if they insist on holding up Morgan's dollars, Morgan actually has no better solution.

"Father, the cash flow of the supermarket chain is so strong. I must admit that William is a very powerful heir, different from his father." Little Morgan recounted his recent observations and highly praised Sheffield's supermarket chain concept. "How about we get involved too?"

"No, there will be more people entering the market. It will be too chaotic and I won't be able to grasp the exact situation." Morgan looked at his son and shook his head slightly. "This is not in line with my original intention of establishing industry order. It's better to wait a little longer."

"But the cash flow of supermarket chains is indeed huge. If we enter the market now, maybe we can get a piece of the pie?" Even when facing his father, the biggest overlord in the financial industry, Morgan Jr. still insisted on his own opinion.

But Morgan, as a father, was just as stubborn. He disagreed with his heir's idea and asked, "Maybe? As a financier, you can't have the idea of ​​maybe. Besides, do you know who your opponent is? You don't know the past, and you don't know what strength your opponent has. You don't know anything, but you rely on maybe?"

"Father, you said that the Sheffield family was very rich..." Little Morgan recalled the coffee bean story his father told him, which took place in New Orleans.

"But you don't know how rich his family is. Let me tell you a simple fact. Before the Civil War, there were only three millionaires reported in the newspapers at that time. Even if there were uncounted millionaires, there were no more than 20 at most. Most of them were plantation owners in the South. The Sheffields' wealth was above that. Only the two of them had assets worth millions of dollars." Morgan looked at his son indifferently and said, "And how many millionaires are there in the newspapers in the United States now? More than 300. How many have not been discovered?"

"Father, that was all in the past. Thirty years have passed." Morgan Jr. hesitated and said, "There are two facts that are indisputable. The richest people in the United States today are those who own factories, mines, railroads, and urban properties, not those who own plantations and farms. The speed at which industry accumulates wealth has surpassed all previous achievements in wealth accumulation in history. Times have changed, and the era of southern plantation owners is over. After the Civil War, there were almost no plantation aristocrats left."

"But if you want to open a chain of supermarkets and control the flow of funds, you will have to face the remaining one. His family did not flee to Brazil after the defeat, but has always been in Texas." Morgan chuckled, then said that he was tired of this topic, and changed the subject, "Now many industry giants are sharpening their knives. It must be said that the heir of Sheffield United Company has subverted an industry with his keen vision, but this is temporary. The boundaries between friends and enemies are very blurred. For example, the Boston companies used Boston First Bank to finance the electrification promoted by the Sheffield family, but they are also preparing to open a chain of supermarkets recently. Don't you know about this?"

Seeing little Morgan shaking his head, Morgan had an expression that said, "So the boundary between friends and enemies is very blurred. On the one hand, Bank of Boston's financing for electrification seems to be helping the Sheffield family resist my pressure and also sharing their own pressure. On the other hand, the two families have become rivals over the issue of supermarket chains. How can there be so many clear boundaries? You are in me and I am in you."

"But if you really want to make some moves, you should try out the opponent's quality in our home turf. For a long time, the Sheffield family has not had any listed companies, which means that we can only estimate their strength. This time, Coca-Cola, a small brand, is in the stock market. If you have nothing to do, you can set up a game to practice your skills." Morgan looked at his son who wanted to show his talents and gave his advice. At least in the financial industry, no matter how chaotic it is, it can't be that chaotic.

"In fact, I also want to know, will this little guy let the Bostonians in? It's very confusing, because those Boston companies are helping them with financing." Morgan shook his head and smiled, seeming to be caught in a happy trouble.

Most people cannot enjoy the joy of sitting on the mountain and watching tigers fight. Morgan is very happy that he is in this position.

In fact, some people entered the market earlier than the Bostonians. In the vicinity of the Sheffield supermarket chain in New York, several supermarkets appeared in a short period of time, with sales models similar to those of the Sheffield supermarket chain. Most supermarkets were far away from the Sheffield supermarket chain, maintaining calm and restraint, but one supermarket opened directly next to the Sixth Avenue supermarket.

The people behind this supermarket that entered the market first came from the Vanderbilt family, which surprised Sheffield because many of the properties used by the supermarket chain in New York were purchased from the Vanderbilt family.

What is this? Using the money from my real estate purchase to open a supermarket chain to deal with me? Do you still have any shame? Do you still care about the unity of capitalists?

Sheffield had just been happy for a few days when such a thing happened. In Edith Rockefeller's villa, she smeared her mouth with honey and uttered sweet words, "A bunch of prodigals should have a good time to hold a cocktail party and pick up women, but why are they here to make trouble at this time? They spend money like water, buying all kinds of things, and even Europe's palaces, churches, monasteries, castles and studios, searching for statues, paintings, pottery, carpets and all other works of art. Anyway, they have money, so they spend it as much as they can. Oriental porcelain, Indian gold ornaments, who stopped you? Why did you come here to do something else?"

A series of English and local words, mixed with Sokabla, burst out from Sheffield's mouth, expressing his dissatisfaction with a family that enjoys life but is not doing its job properly.

"If all else fails, just pretend to be charitable. Restaurant owners, shop owners, artists, writers, orators, art dealers, musicians, tutors, beggars, there are plenty of people waiting for those scraps..."

These words had a very wide impact. Even the owner of the villa, Edith Rockefeller, was a Vanderbilt. Edith Rockefeller was dressed in jewels and jewelry she had collected. She invited housekeepers from Europe, and European artists were brought in to design and decorate the house for them.

"This is a Dixie!" Edith Rockefeller saw Sheffield's foul language and finally matched his image with the impression she had of the Southern Dixie people. This was the real Dixie. As for his usual self-cultivation, just like his previous indifference to her, it was all fake.

"How about we hire a detective from the Detective Agency to investigate?" Edith Rockefeller suggested with a smile after waiting until Sheffield was tired.

"Are you teaching me how to do things?" Sheffield sat up straight and meticulously. Since Edith Rockefeller heard that her graceful curves inspired the slave owner's creativity to make Coca-Cola bottles, her attitude has become much more relaxed. The initiative gradually shifted to Sheffield, allowing the slave owner to experience authority that her husband did not even have.

Just as Edith Rockefeller was considering whether to give in, Sheffield nodded and said, "We can investigate. We don't have any reliable channels in the northern states. The Farmers and Livestock Association is always targeting competitors in the farming and animal husbandry industry. It turns a blind eye to many competitors of the joint venture. We really should change that."

"I'm not afraid of the Vanderbilt family. The main reason is that they don't take money seriously. I can't predict their actions. What if they just come in to have fun and I play house with them?" Sheffield did not forget to explain his previous gaffe.

The latest novel is published first on Liu9shuba!

"Yes, you are right!" Edith Rockefeller picked up the phone and waited for a while before saying, "How about asking the boss of the largest detective agency in Chicago to come over?"

"You seem to be very familiar with this business?" Sheffield raised his eyebrows, feeling that this was not the first time Edith Rockefeller had dealt with the Detective Bureau.

"Of course, I'm getting a divorce. How can I not make some preparations early?" Edith Rockefeller snorted and whispered, "If you lose your property, it will be your loss. I can only help you if I have money."

"Yeah!" Sheffield nodded lazily, looking like he didn't want to keep trying, and accepted this set of arguments.

He didn't know that the Vanderbilt family's entry not only exceeded his expectations, but also embarrassed Morgan, who felt that he had made a wrong prediction in front of his son. The Vanderbilt family didn't play by the rules.

As long as I'm fast, 404 he can't catch up with me...

(End of this chapter)