Victory in Life
Chapter 69
After Old Man Law climbed upstairs to rest, Zachary took Jasper for a walk in the backyard and asked casually.
"Jasper, I heard you started an investment company on the mainland?"
Jasper wasn't surprised that Zachary knew about this.
After all, investigating her background would be an easy task for the Law family and their abilities.
"My abilities are limited and I can't do certain tasks, so I can only provide money and let the professionals do the best that the professionals can" Jasper said with a smile.
Zachary laughed and then said, "Lower class jobs use effort, middle class jobs use talent, and upper class jobs use people"
Jasper chuckled and said, "Actually I think this is a golden age, especially on land where opportunities are everywhere, start a little earlier and you might have some opportunities ahead of you"
Zachary nodded and said, "Your investment company is investing in an internet company called Terizone Inc, you seem to be very optimistic about the internet industry?"
Jasper nodded, "Internet is the general trend of the future, this is what the generation chooses"
Zachary did not comment on that.
Jasper knew very well that all the rich and powerful people in the city of Harbor today still clung to traditional industries in addition to some other industries.
It was not that the traditional industry did not make money, but these people had gotten used to cultivating deeply in the fields they were good at.
They do not understand the internet and are also not optimistic about it.
The problem of the rich having limited vision did not just happen in the city of Harbor, it was the same in many places.
"The performance of Internet companies in the stock market today does make people envious" Zachary said.
"The Law family also has some investments in Harbor city stocks, but the current Harbor city stock turmoil is dangerous and the market is somewhat unpredictable, some recent investments have failed, he said, and the comments towards the Law family from the outside world were in an uproar, which was extremely troublesome"
Jasper immediately recalled something about the Law family from the memories of his previous life.
In his previous life, the Law family currently suffered 9 billion losses as well and were looking for opportunities to regain what he had lost.
However, business in the world of finance can never be done in a hurry.
The Law family has made several investments, although there are profits and losses and still a little profit overall, it is not worth mentioning when compared to their investments and the risks taken.
For example, if one earns 10,000 from spending 1 million while risking the possibility of losing ½ million, should one really think that such an investment works?
Without a doubt, it was a FAILURE.
That was because the costs and risks were too high and not worth the profits.
Furthermore, according to the timeline, the Law family should have bought the Hansel Index by now.
This was the Law family's last financial investment as they had lost 800 million at a time in this investment.
800 Million is not a big deal for the Law family, but this failure has prompted the family to completely abandon the financial capital markets and return to the traditional industries of Real Estate and shipbuilding.
"Does Mr Law bet that Harbor shares will fall?" Jasper asked according to the information from the memories of his previous life.
Zachary said in surprise, "Yes, how do you know?"
Jasper thought for a moment and said, "Can you see the stock of the city of Harbor here, Mr Law?"
Zachary nodded "Come with me"
With Zachary's guidance, Jasper comes to the study.
After turning on the computer, Zachary escorted Jasper to sit in front of the computer while he himself stood and watched.
"How much did the Law family buy?" ask Jasper.
"One billion"
Zachary sighed "Since the stocks we bet on are down, the recent Hansel Index rise also means that the Law family account is now experiencing a loss of at least 200 million"
"But we are ready to increase our investment, as long as the Hansel index goes down later, we will not only pay back our previous losses but also earn a lot of money!"
Jasper smiled, shook his head, and said, "Master Law, you and your analysis, along with most of the richest people in Harbor City, are WRONG"
Since his rebirth, Jasper knew very well that the Hansel Index stock of the city of Harbor would soon rise above 18,000 points, perhaps even today.
What's more, the impending burst of the internet economic bubble will cause the Hansel Index to plummet instantly, wiping out more than 100 billion worth of wealth in an instant.
Three years later, under the roof of Harbor, there will be many bodies of those who jumped from the building because of their bankruptcy.
Jasper nodded and said, "Now the last carnival on capital and the amount involved has reached trillions of dollars!"
"In addition, the stock markets of the city of Harbor and the United States are inextricably linked, some of the big financial giants have poured nearly a trillion dollars into the economic prosperity of the internet, and good news will keep coming"
Zachary frowned deeply, he paced back and forth a few steps in place before looking at Jasper seriously, asking, "What would you do if it were you?"
Accept all the losses, then spend as much cash as possible to buy everything!"
Jasper lifted his head and looked at Zachary, the corner of his mouth slightly raised, making him look confident and crazy.
"Index Hansel will definitely surpass 18,000 points!"
Although he was mentally prepared, Zachary still felt a little outrageous in the face of Jasper's confidence.
"With this back and forth, there's at least a billion-level gap, are you sure it'll be as you think?"
Zachary asked seriously.
Jasper tapped his finger on the table lightly and said indifferently, "Master Law, if you believe me, just do as I say, Otherwise, if not, there's no point no matter how much I say!"
++
"How about you stay here and rest for a while? I'll be out for a while" said Zachary.
Jasper took a sip of the coffee the waiter brought him.
Pure Blue Mountain coffee produced in Jamaica is a great coffee that can hardly be found in any other regular coffee shop out there.
Nevertheless, Jasper missed the regular tea that cost him 50 dollars per pound.
Jasper was not surprised by the consideration Zachary mentioned.
He had just formed an alliance with the Law family. Although Law's family recognized his status and abilities, taking into account his crude oil futures record as well.
This is the first time a billion funds have been involved. No one can bear the responsibility in case of a loss.
As the current in charge of the Law family, Zachary had to be careful.
After Zachary came out of the study, he went straight upstairs and knocked on Old Man Law's door.
"Lake in."
Old Man Law's voice sounded tired.
When Zachary entered the room, he saw his daughter Anna massaging Law's Old Man's shoulder and telling him what had just happened.
"He's so confident?"
Old Man Law opened his eyelids and asked.
Zachary smiled bitterly. "I've never seen anyone so confident in terms of capital market forecasts."
"What do you think?" Old Man Law asked lightly.
"If this fails, Father, don't talk about the harm we will suffer when public opinion is already unfavorable enough for the Law family. If this problem arises, it might affect Law's other family businesses."
Zachary expressed his concern.
The four giants of Harbor City were all wealthy families with a net worth of over several hundred billion Harbor dollars, even after being converted to US dollars, his assets were still over ten billion.
The Law family could easily bear a loss of several billion dollars!
But the problem is, this series of bad news will have an impact on other Law businesses, which will then trigger a domino effect, resulting in greater losses.
This will shake the foundations of the Law family!
Since the Law family suffered a loss of nine billion dollars that year, their investments have since failed more than they made. There are a lot of people who are pessimistic about them.
The Law family desperately needed a win to defend themselves
The Law family can't afford to lose. Not only in money but also in reputation.
The silence in the room turned the air cold.
"Grandfather, I have something to say" Anna said...