Chapter 32: Chapter 32 DS Capital
In fact, at this time, Barron had already figured it out. As the family's traditional industries, including the family trust fund, Yulia's steady personality is indeed the most suitable.
As for the financial investment he hopes to make, he can start from scratch.
At the beginning, Barron, who had been engaged in financial investment for many years in his previous life, had thought about abandoning all the traditional industries that his family was currently involved in, which he thought clearly had no great development prospects, and instead focused on finance and the Internet, which had greater development potential.
But after thinking about it for a while, he gradually realized that when he needed to maintain a family, especially a family with various historical origins and the relationship networks that developed from them in England, he could not just focus on the accumulation of wealth.
Just like when a family encounters certain crises, there are families that only have wealth and families that are related to the livelihoods of thousands of people - even if the former's wealth is much greater than the latter, in reality, the latter may be able to get official assistance, while the former will not hesitate too much about losing money.
It's just pure wealth. In fact, it's not that important to the government. The most important criterion they use is your significance in maintaining social stability.
Finance and the Internet can certainly increase wealth rapidly, but it is the traditional industries that can provide more jobs, especially in voting countries like Britain. The more people's livelihoods you can influence, the greater your voice will be.
In the end, it all comes back to that sentence: the mission of the nobility is to provide more jobs.
…
"Daisy, nice to see you again. You are much more capable than in school..."
"I accept your compliment, Barron. It's better than you saying I'm prettier or something."
As soon as Barron returned to London, he made an appointment to meet Daisy.
The two had already had preliminary communication on the phone before. Time was urgent, and Barron still hoped to set up his own financial investment team as soon as possible.
"Haha, your personality hasn't changed."
Barron smiled and looked at the woman in front of him, comparing her to the "talented woman" with a strong personality in his previous life's memory.
"Otherwise, there would be no need for me to take over your position. Of course, I don't mean to say that you are not doing well here..."
Daisy took a sip of the coffee in front of her and 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."
Barron was already familiar with her previous resume.
After graduation, Daisy passed the interview at Lloyds Bank with excellent grades and outstanding performance, and joined the investment department of this banking giant, which is one of the four major 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 mine... I have to endure such obvious injustice and encounter such things..."
When talking about her previous job, Daisy couldn't help complaining.
"It doesn't seem appropriate to say this in front of the 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 I gave you an investment instruction that seemed stupid to you?"
"Well, I still have some basic professionalism, Barron. Just like you said, if it is an investment strategy that I really think is stupid, I will give my opinion. As for whether to adopt it, 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."
Barron was satisfied with Daisy's answer. To be honest, the most important reason why he asked Daisy to be his investment assistant was that she knew him inside and out. She had a good relationship with his predecessor, which allowed Barron to give her some trust.
As for the other party's ability, it is not a very important matter for Barron. He only needs her to be familiar with the basic operations of financial investment. Being able to enter Lloyds Bank and having good performance can satisfy this requirement.
After all, in fact, all his investment assistant needs to do is to execute Barron's investment decisions.
Instead, Barron is worried that the other party is too capable - or more precisely, that the other party thinks he is too capable, and will have a greater self-awareness, thus often questioning his own decisions, or even pretending to obey, which is the worst for him.
Therefore, 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 say."
"Does that mean I passed?"
"Yes, Daisy, what's your decision?"
"At least now you seem much more mature than when you were in school, Barron, or should I call you Boss now?"
…
Daisy had already made preparations during the previous phone call, so she could start work immediately after this meeting.
The first task that Barron gave Daisy was to immediately help him register an investment company to serve as the entity for his upcoming financial investments.
Barron named the investment company DS Capital, which comes from the two elements of deer and saffron in the coat of arms of the Duke of Devonshire's family.
Moreover, this name matches the first letters of the two roots that make up Devonshire.
In the initial stage, Barron will first take out 2 million pounds to let Daisy buy a Nasdaq stock - the Chinese portal website Netease.
Fortunately, as one of the international financial centers, London has local brokerages 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, Wangyi was listed on the NASDAQ in the United States in 2000.
Unfortunately, they soon encountered the bursting of the global Internet bubble. As a result, last year, NetEase's valuation plummeted from US$15.5 to US$0.48.
In addition, NetEase was suspected of accounting fraud and faced lawsuits from investors. Its stock was suspended from trading on the Nasdaq and it could be delisted at any time.
After the stock resumed trading this year, NetEase Cloud Music's share price continued to be below $1, and even fell below $0.5 at one point.
The reason why Baron decided to buy NetEase's stock was because in his previous life, one of the most famous deeds of BBK's founder Duan Yongping was to invest in NetEase's stock. He bought it at a price lower than $1 and eventually made more than 70 times the profit on NetEase's stock.
He bought NetEase stock at about this stage, so Baron naturally would not miss the opportunity to see the stock price rise by more than 100 times - you should know that NetEase's stock price later exceeded $100, and Duan Yongping had already started selling when the stock price exceeded $30.
However, because the circulation volume of NetEase itself is only more than 30 million shares, Baron first took out 2 million pounds to buy this stock, and then decided whether to increase the position depending on the situation.
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