Chapter 56: Chapter 56: Your Royal Highness
"Of course, in addition to these acquisition conditions, INM Group has also put forward requirements for the operation of the Independent Newspaper Company after your acquisition. You must ensure the continued operation of The Independent and assume corresponding responsibilities. Otherwise, the agreement will be invalidated. Not only will you have to return the company and the compensation, but you will also face a lawsuit from the other party."
These conditions are also the prerequisite for Barron to take over The Independent.
For the INM Group, being able to get rid of the burden of The Independent, which has been making continuous losses, and focus its funds and energy on other industries is acceptable to them.
Moreover, compared to the doubts about the identity of the Russian tycoon from Klobuchar who bought the newspaper in Barron's previous life, the INM Group faced no resistance at all in selling the newspaper to Barron, the Duke of England.
However, even if they hope to get rid of The Independent, a loss-making burden and the associated debts, they also need to make sure that Barron can take on the responsibility of running the newspaper after buying it, rather than messing around with The Independent, a national newspaper that once had a large number of readers.
"I can totally accept these conditions, Mr. Sheehan. You can sign the contract with INM Group as soon as possible."
"Okay, Your Highness, I will confirm with INM Group immediately."
After Amber Sheen finished speaking, the young duke in front of her smiled cordially:
"After this incident, Mr. Sheen, I have another matter that I need your advice on."
"Do you have any other commissions for us, Your Highness?"
"Indeed, there is another commission, but it is not for PwC, but for you, Mr. Sheehan."
"I?"
Amber asked in confusion.
"Yes, regarding you, Mr. Sheen, I am very satisfied with your ability in this acquisition. I have a position here. I wonder if you would consider accepting it?"
…
"Your Highness, come with me. Our investment company is upstairs."
"Your Excellency the Duke, you can just call me William in private..."
"Okay, William, you can call me Barron too."
As he has received more and more attention, Barron's schedule has become busy. Just today at lunch, he took time out to be interviewed by a reporter from The Guardian - the topic was mostly about his acquisition of The Independent.
As agreed yesterday, Prince William visited DS Investments in the Lloyd's Building in the heart of the financial city today.
The Lloyd's Building is a landmark building in the City of London. It is the first major project completed by the famous Richard Rogers at Barron's. Because the building looks like a mechanical monster from outer space, the building is known as the "Steel Monster".
The interior of the Lloyd's Building is also very distinctive. There is an open atrium in the middle of the main building, surrounded by arcades, and all the main office spaces are arranged along the arcades.
There is an arched glass skylight above the atrium, which is 72 meters high from the lobby floor to the top of the atrium. There are two cross-up and down escalators in the lobby, all surrounded by metal decoration.
Each floor overlooks the spectacular atrium, where escalators are installed to connect internal traffic. It is also a place for people on different floors to communicate, bringing vitality to the entire space.
DS Capital is located on the 10th floor of the building - the entire building has 14 floors, including 2 underground floors and 12 above-ground floors. Initially, the company only rented a few offices, but after Barron came here to take a look, he asked Daisy to rent all the remaining offices in the building.
DS Capital currently rents one-third of the entire floor, but less than half of it has been put into use.
At this time, Daisy's trading team has expanded to five people. Together with the rest of the office staff, the number of employees serving DS Capital has exceeded ten.
Prince William was most interested in securities investment. This might be because he had read articles or watched TV dramas describing financial battles. When he saw the trading scenes in reality, he found that they were not as "intense" as he had imagined, and he showed a bit of disappointment.
"At present, our investments are divided into futures and stocks. For stocks, we mainly invest in U.S. technology stocks, mainly stocks on the Nasdaq market. There is a time difference between the U.S. and London, and we have just started trading now."
Listening to Barron's introduction, William asked in confusion:
"I heard that after the Internet bubble burst, didn't technology stocks fall sharply?"
"Yes, William, you are right, but you will never make money by investing in stocks and following the crowd. Whether it is stocks or other securities, they are cyclical. After a round of decline, the next round of rise will begin... I think the rise is about to start now."
Baron expressed his views so directly, not afraid that others would follow suit. Regardless of whether others really agree with Baron's views, what if they follow suit and invest in technology stocks?
Based on Baron's experience in his previous life, in the third quarter of this year, most technology stocks will experience another round of declines - although the magnitude this time is not that large, but unless you can accurately select stocks like him and avoid spoilers, blindly following the trend will most likely suffer losses in this wave.
It is obvious that Prince William is just watching the fun of these securities investments. In fact, since coming to DS Investment, he has looked at the screen showing price trends more times than he has looked at Daisy.
If Barron hadn't been there, he would have asked for Daisy's phone number...
"By the way, Barron, you said last time that you made a fortune by short selling. Can you tell me about it?"
"Of course, let's talk in my office."
Today, AirGate's stock price has fallen below $2 - from more than $40 to less than $2, a huge drop in such a short period of time, and the company has also been buried by lawsuits from angry investors.
Not only did the company's management undergo changes, but due to the general pessimism of the market, the company also had liquidity problems, and there has been no sign of improvement to date.
From this time on, DS Capital has begun to secretly buy stocks to close its positions in response to this short selling.
While they were buying shares, AirGate's stock price continued to fall, which shows the attitude of investors at that time.
Barron was not greedy. He had already made enough profit, so there was no need for him to eat both the head and the tail of the fish. The fattest part of the fish was enough for him to have a full meal.
Therefore, revealing the recent short selling to Prince William at this time will not affect the overall situation at all.
In this way, Barron took two or three hours out of the afternoon to establish friendship with Prince William. The two were not far apart in age and had both noble backgrounds, so they had more common topics.
Later on, William and Barron became good friends, and he invited him to play with him at his school, or to attend interesting parties together...
From the conversation, Barron also learned that William did have a girlfriend in college, but it was not Cather - they were not very familiar with each other yet - William's current girlfriend was a campus beauty in their school.
No wonder, this also solved his previous doubts.
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