America 1919

"Paul, I think you should convene a formal Warburg Company board meeting tomorrow. This way, those people can honestly proceed according to your plan!"

Felix Warburg suggested to Paul Warburg.

Paul Warburg nodded and said, "I think so too, but Felix, Donnie's business model has given me some insights!"

Felix Warburg asked, "What insights?"

Paul Warburg explained, "The reason why the board members put us in a difficult position is because they hold more shares than we do. If one day they were bought over, our fate would be out of our own control, which isn't good!"

Felix Warburg asked, "So what do you mean?"

Paul Warburg said, "I think next year or the year after, regardless of how high the land prices in Florida rise, we should sell a portion of them!"

Felix Warburg didn't understand what Paul Warburg meant: "Wouldn't that just mean we earn less?"

Paul Warburg waved his hand and said, "Hear me out!"

"Hmm!"

"After selling those lands, I want to distribute the funds to the company's shareholders in the form of dividends. Those people haven't received dividends from the company for two years, so I think they'll definitely accept this decision!"

Paul Warburg explained.

Felix Warburg instantly understood Paul Warburg's reasoning and said, "So you mean you want to use the funds we receive to buy some of the company's shares?"

Paul Warburg nodded and said, "That's right. To be honest, I actually don't want to do this, but this situation has led me to make this decision!"

Then Paul Warburg shared his thoughts with Felix Warburg: "Currently, the U.S. stock market hasn't reached its peak. According to my analysis, any stock financial market experiences both peaks and valleys. According to the current market analysis, with Apollo Chain's successful listing, it will certainly stimulate a wave in the U.S. stock market.

So in the coming years, the U.S. stock market is sure to welcome a new round of rising periods, and by then Kuhn, Loeb & Co. consortium's stock price will definitely rise!"

Initially, Felix Warburg somewhat understood Paul Warburg's idea, but now he was confused again.

"Since the Warburg Company's stock price will rise, why do we still need to buy in at that time?"

Paul Warburg sighed and said, "I don't want to either, but it's the only way to buy Kuhn, Loeb & Co. consortium shares from those people. If we wait until future market downturns, Kuhn, Loeb & Co. consortium's stock price will certainly drop, and by then, those people won't care about the bigger environment, but will surely place the responsibility on us.

So at the best times, spend more money to buy more shares. It doesn't need to be much, just enough to increase our holdings to 40%, so that no one can threaten our position!"

There's no denying that Paul Warburg, a figure with significant visibility in U.S. financial history, had a remarkably perceptive insight.

In 1929, before the Great Depression hit the U.S., Paul Warburg was the first to foresee the impending crisis in the American stock market and issued a statement about it.

However, at that time, everyone was overwhelmed by the bullish U.S. stock market, ignoring his warnings. When the crisis officially arrived, people were jumping off buildings on Wall Street like it was raining!

History always tends to repeat itself, and every time a crisis arrives, it drives people mad.

The U.S. was like this; decades later, Hong Kong was too, when the stock market there was boiling like an oil pan, and shark's fin soup became an everyday phrase for ordinary Hong Kong citizens.

But as the stock market crash hit, Central began seeing people jumping like dumplings.

Another decade passed, South Korea's financial crisis, and another decade, the U.S. subprime mortgage crisis...

Each time, it's like this. When the market reaches a frenzy where even ordinary people start making money, it's time to be cautious.

The capital market is like a ferocious soul-eating beast, and ordinary people's money is like delicious food here. When the food pile is substantial and savory enough, capital will open its gaping maw and swallow it all.

No exceptions!

Hence, there's a saying that what people learn in history is that they learn nothing!

From this perspective, Paul Warburg was very formidable.

"Alright!" Felix Warburg, although thinking Paul Warburg's decision was too cautious, agreed to his decision and said, "Paul, you know, I would never oppose your decisions!"

Paul Warburg nodded and said, "Besides, whether or not Donnie calls tonight or tomorrow, you must visit him to ensure he secures those two hotels' sub-gaming licenses as soon as possible."

Felix Warburg, seeing the cautious Paul Warburg, asked, "Paul, have you sensed something?"

"No!" Paul Warburg shook his head and said, "It's just an inexplicable unease, but everything is moving in a good direction now. As long as those two hotels in Atlantic City open, we'll have an endless cash flow. Then, no matter what happens, we don't need to worry!"

"Alright!"

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