Chapter 72 The Gospel Reappears?
Manhattan Island, New York.
Wall Street, Paladin Investments.
In Nelson's office.
Drinking the coffee brought to him by the beautiful blonde girl at the front desk, Milo looked through the glass wall at the hard-working employees outside.
In Nelson's office, he raised his eyebrows and said:
"Have you started the operation so soon? I see that the company's account does not currently hold any stock or bond futures."
"That's right."
Nelson smiled and explained to his boss: "Some of the people we recruit now will eventually be eliminated."
"I asked them to participate in a virtual stock market battle, and those who did not perform well would be eliminated. We are a financial company, and this method is the simplest and most direct way to select talents. Many large companies also use this method."
"Oh, so that's how it is. I thought everyone had serious and nervous expressions staring at the computer screen."
It turned out that the interview had not been completed yet, and the internship had not even started yet.
"There's no other way. Although we want to find talent, the easiest way is to find a headhunting company. But the price is expensive and not suitable for a start-up company like us. It's better to spend some time to find talent ourselves. This kind of simulated battle mode is also commonly used in some universities."
Nelson explained: "There are 20 people in total, two people in each group, and each group has a simulated capital of 5 million US dollars. It is a t0 mode, fast in and fast out, and short-term speculation. It can be used in the shortest time to see whether they have the ability!"
If it was the old Milo, he would not understand anything Nelson said.
But after Nelson’s personal teaching and explanation last time, Milo read some more books.
I even used my connections at Harvard University to find a finance professor to take classes with me.
So now he can be said to have at least two of the seven understandings of finance.
Thinking of the purpose of his coming to New York, Milo suddenly said, "Hey, Nelson, I remember the company should have five million dollars in its account now, right?"
Nelson was stunned for a moment, then nodded and answered his boss, "Yes, the company's operating account currently has five million dollars. It's in the company account at Boston First Bank."
As soon as he finished speaking, he was surprised to see that his boss closed his eyes.
Nelson: ???
He didn't know what his boss meant and didn't know whether to speak up.
While I was in a dilemma, perhaps more than ten seconds had passed.
Nelson saw his boss open his eyes and look at him calmly. "Nelson, if we use leverage, how much money can we leverage with five million dollars?"
Nelson didn't know what his boss was thinking, but he answered truthfully: "For funds under $100 million, Boston First Bank is willing to give us 20-50 times leverage. Citibank is 10-30 times, and JP Morgan is the most aggressive, with a maximum of 80 times. Other banks are similar to Citibank. But generally, if it exceeds 20 times, we need to notify us in advance and sign a contract."
Milo nodded, and suddenly pointed his left hand, which was not holding the coffee cup, at the employees outside: "If we let them start working now, is there any problem?"
Nelson vaguely guessed what his boss wanted to do. The general manager of Paladin Investment Company frowned and said, "That's no problem. Most of them are veterans, and the few newcomers are also top students majoring in finance from Ivy League schools."
"That's good."
Milo took a sip of coffee and put the cup on the table. "Nelson, go find the bank. Use $5 million as a deposit to sign the contract. Try to get as many times as you can."
"Boss..." Nelson hesitated. He still wanted to persuade him.
“I know what you’re thinking, Nelson,” Milo smiled, “but if I tell you…”
"I heard the voice of the Lord." Milo raised his eyebrows and turned his eyelids to look over.
He had a strange expression that seemed like a smile but not a smile.
The light shone on his face. His nose was high and only one smiling eye could be seen under the deep eye sockets.
The other eye was hidden in the shadow of the hair, its pupils slightly narrowed, and no light could be seen.
It was the first time that Nelson saw such a strange and awkward expression on a young man.
Is this a joke?
Nelson appeared calm on the surface, but his heart was filled with turmoil.
Just as he was wondering, he suddenly saw Milo return to normal.
He looked like a cynical playboy: "It's only five million dollars anyway. Even if I lose it all, I can just consider it as tuition. After all, this is New York, Manhattan, and Wall Street."
“If I come here and don’t have some fun, who knows if I’m a hidden stock angel or arbitrage king, or even a junk bond tycoon.”
"It's like going to Las Vegas and not going to the Venetian or Caesars Palace. It's a wasted trip to Las Vegas."
Nelson was more used to Milo's appearance.
Milo previously worked for Bank of America and was a banking consultant.
Nelson started contacting Milo four or five years ago.
Although he was surprised at the changes in Milo over the past six months.
He is not only a best-selling author, but also made very good box office movies.
Still investing in stocks of Internet companies, it seems as if there are restrictions on investing in many very promising startups.
But Milo's current appearance of being a dandy who doesn't take money seriously is more in line with Nelson's original stereotype of him.
Even so, Nelson still wanted to persuade him, after all, he was working under Milo now.
That five million dollars is the only money Paladin Investments currently has.
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But before he could say anything, Milo waved his hand and said, "That's it. Go quickly, Nelson. Maybe I'm the next Milken who hasn't fallen yet, or Boesky?"
People from other countries in the world talk about Wall Street.
The names that many people think of are Soros and Buffett.
People who are more knowledgeable may also know the stock angel Peter Lynch.
But in fact, except Soros, the other two do not live in New York.
Buffett often stays in his old nest, Omaha, Nebraska.
Peter Lynch rarely came to New York before his retirement, as Fidelity Fund's headquarters is in Boston.
Even Soros spends half of his time in Chicago.
Boesky, Milken and others whom Milo just mentioned are actually the real villains of Wall Street.
Like Michael Milken, who was called the junk bond king.
Ivan Boesky is known as the king of stock arbitrage.
He was the prototype of Gordon Gekko in the first Hollywood movie "Wall Street".
Buffett and others are symbols of Wall Street, but they are actually representatives of the American dream promoted by the United States.
People like Boesky are the most authentic Wall Street people.
"I'm serious. I'm not kidding. Listen to me, Nelson. You just have to do it."
Seeing his boss's firm attitude, Nelson had no choice but to agree.
But he still wanted to call Wendy later.
He hoped Wendy could persuade Milo.
If even Wendy can't persuade her, then Nelson will be helpless.
He knew this person's character well.
When leaving the office, Nelson suddenly thought of Milo's strange expression just now.
He thought of the verbal attacks that a large group of religious leaders in the United States had made in the media a few months ago.
At that time, the New York Times selected "the 25 most influential living religious leaders in the United States", and at least 18 of them participated.
Including Reverend Billy Graham, who is known as the No. 1 religious figure in the United States.
In the Christian Science Monitor, Billy Graham agreed with the statement of Archbishop Benjamin Butcher, a representative figure of the New York Evangelical Church.
Archbishop Benjamin Butcher was the first pastor to suggest that Milo Blackburn listen to the Lord's voice.
Protestantism believes in justification by faith and that ordinary believers can hear the voice of the Lord even if they are not the Pope or priests.
Influenced by his family, Nelson is a senior believer.
Nelson is now wondering, could it be that Milo has really heard some good news from the Lord again? (End of this chapter)