Domination in America, Starting from being a Boxing Champion

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"The view here is quite nice."

Sitting opposite the sofa, Ms. Cathy looked out at the pier jutting into the ocean, and the vast expanse of azure sea, and commented.

"Yes, I once had a dream of opening a coffee shop by the beach in Miami, facing the sea, the white sand, welcoming all sorts of guests every day, listening to their stories. What do you think?"

"That would probably be quite boring. Knowing you, you don't seem like the type who would settle for solitude," Ms. Cathy said straightforwardly.

Link simply smiled, offering no rebuttal.

Ms. Cathy Wood was a highly professional asset manager. Right after sitting down, she didn't go into much small talk and instead handed over a stack of documents – the asset investment report accumulated from the last quarter of last year, saying that he needed to take a look.

Because he had been too busy at the end of last year, he hadn't had the time, and only now did it reach his hands.

Link saw the pile of documents in front of him, thicker than "The Complete Works of Shakespeare," and couldn't help but feel a headache coming on. He was a boxer, liked money but hated dealing with numbers. That stuff would make his head spin if he looked at it too much, but he couldn't just ignore it.

As a self-made billionaire, every penny was hard-earned. He needed to know how he made his money and how it might disappear to avoid falling into the hands of those Wall Street number crunchers.

"Cathy, I'll look over these documents when I get back. First, tell me about last quarter's investments," Link said, stirring his coffee with a silver spoon.

"Alright!"

Ms. Cathy Wood took out a tablet from her bag and explained the investment and income situation of the fourth quarter in a fluent and easy-to-understand language.

Since September of '08, Link had invested his initial capital in Amazon Company stock and thereafter made several additional investments. Up to now, Amazon stock remained his most valuable asset.

Cathy began with the income and dividend situation of Amazon stock.

In September '08, Amazon Company was affected by the financial crisis, with a total market value dropping from 33.7 billion US dollars in June '07 down to 23.8 billion, a decline of 37%.

Amazon's stock also dropped from 241 US dollars per share to 119 US dollars.

That was the perfect opportunity to invest.

Through Cathy, with more than 12 million US dollars, he acquired about 100,000 Amazon shares.

After winning the WBA Golden Belt title and defeating Tyson, the income he gathered from boxing matches and advertisements was over 20 million, which he reinvested into Amazon stock.

He invested nearly 65 million US dollars into Amazon stock in total.

In May '09, as the influence of the financial crisis gradually diminished, the US stock market started to recover slowly from the slump.

The S&P 500 index rose by 211%, the Dow Jones Industrial Average increased by 313.2% during the same period, and the tech-heavy NASDAQ Composite Index surged by 370%. Explore more at My Virtual Library Empire

As the US stock market soared, Amazon Company's stock also rose from the lowest point of 108 US dollars to 332 US dollars, and at the end of '09, it reached as high as 346 US dollars. It's currently stable around 336 US dollars per share.

Amazon Company's market value also jumped from around 20 billion in '08 to 66.2 billion US dollars, almost tripling, and it continues to grow.

Link's 420,000 shares of Amazon stock are currently worth around 141 million US dollars.

The second major investment project was Twitter, a social networking service company.

It was founded in July '06, similar to a blog. It started to become a better-known microblogging platform from '08 onwards.

Since Twitter was not yet public, obtaining Twitter stock required going through financing rounds.

In '08, Facebook attempted to buy Twitter for 500 million US dollars. However, due to disagreements over whether Twitter would be integrated into Facebook, the management teams did not come to an agreement, and the acquisition failed. At the time, Twitter's valuation was between 350 million to 400 million US dollars.

By February '09, Twitter underwent its first round of financing. Affected by the financial crisis, the market value fell to between 200 million to 250 million.

At that time, Link did not pay attention to Twitter and missed the opportunity.

In August last year, the number of registered users of Twitter surpassed 60 million, and its valuation was between 500 million to 600 million, initiating a second round of financing.

Link, through Pioneer Asset Management, invested 65 million US dollars to acquire about 10.4% of Twitter's stock, becoming the fifth-largest shareholder of Twitter.

In November last year, the mutual fund company T. Rowe Price and the private equity firm Insight Venture Partners invested 100 million US dollars in Twitter, securing 10% of the company's stock.

Twitter's valuation reached 1 billion US dollars.

Link's shares were diluted a bit, leaving him with 8.7%, but their market value rose to around 80 million.

Besides that, he also held 22,000 Apple shares, 11,000 Google shares, as well as shares of Netflix, YouTube, and so on, worth about 48 million US dollars in total.

The total market value of these stocks was around 270 million US dollars. Counting the savings in the bank, Dynasty promotional stocks, and Link Music Company, his net worth was around 360 million US dollars, which was 40 million higher than the figure compiled by "Business Week."

Today he and Cathy needed to discuss this year's investment plans.

He was planning to sell his Apple, Google, and Netflix stocks, and with the money in his account, buy a portion of Tesla's shares before it went public, aiming to become a major shareholder with enough stake to qualify for the board of directors.

In the future, his stocks would mainly consist of Amazon, Twitter, and Tesla.

As for Facebook, with a current market value of 18 billion, it was Wall Street's darling, and he didn't have the qualifications to get involved.

"Tesla? Elon Musk's electric vehicle project?"

Mrs. Cathy Wood blinked her green eyes in surprise as he mentioned investing in Tesla.

"Yes, Elon is my neighbor, his villa isn't far from here. I talked to him once, and he told me that in the future, the automotive transport industry will be dominated by electric vehicles. Electric cars are more advanced, environmentally friendly, and smarter than gasoline cars. I agree with his assessment."

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