To put it bluntly, it means showing off your muscles and making more allies and customers at the same time.

In the world of capital, the ability to make money is the only muscle.

Abel knew all this.

At the end of last year and the beginning of this year, he received many invitations to such cocktail parties.

Goldman Sachs, MG, Chase, Merrill Lynch, Lehman, and companies ranked high and low on Wall Street all sent him similar invitation letters.

He didn't even go.

"It's been almost a year since Smith Capital was established."

David Mellon said: "We haven't held a cocktail party so far. This is very abnormal in the industry."

"You don't know how many people have asked me when Smith Capital will hold a reception."

"Okay, now my oss finally agrees. When these people ask again, I can finally answer them directly."

"There's no need to mention the past. Let's talk about the cocktail party at the end of this year."

Abel said:

"I think Waldorf Astoria or Hilton are both good. Well, Hilton Hotel, after all, I've talked to Barry Hilton a few times."

David Mellon raised his eyebrows, "Is that all?"

"Otherwise?" Abel said angrily, "Do I have any other relationship with Hilton?"

"Paris" David murmured, his voice low.

"Okay, okay." He said again:

"Then Hilton

Let’s go to the hotel. As for the guests, you always have to invite guests to a cocktail party. You should give me the guest list, right?”

"First and foremost are our clients. The people at Private Equity Fund One."

Abel thought for a while and said:

"The second is the banks we mainly cooperate with. In addition, some of the leading figures in New York should also send them invitation letters."

David nodded.

"So, my respected oss, do you have any guests that you would like to specially invite?"

Abel thought for a moment and replied:

"I didn't expect it at the moment. I can give you ten more places. You can invite anyone you want. Give Melio five more places. I will inform you later if I think of anyone else to invite."

"OK." David gestured, nodded and said:

"Okay. The last thing is time, boss, when will our cocktail party be held?"

"I remember that many companies are in December, and others are in January and February?"

Abel asked.

"That's generally true."

"Then let's not join in the fun with them." Abel said directly:

"Just this month. Today is the 5th, so let's just make it the 15th. There are still ten days left."

"ok~"

David gestured OK again.

Smith Capital's first year-end reception was simply decided.

After talking about this matter, David Mellon chatted with Abel about another matter.

"Boss, you asked me to pay attention to poorly managed energy companies. Although I don't know the reason, there happens to be such a company right now, and its ownership structure is in trouble."

"oh?"

Abel suddenly became interested.

His explanation,

He had given instructions to David as early as when he set off from Houston to Los Angeles.

His idea at that time was to acquire some small and medium-sized energy companies, or listed energy companies.

Merge and reorganize with Alais Energy, which he bought in Tarrant County.

Directly use the method of buying and buying to achieve your own layout in energy.

For a month, there was no news from David.

Except that since he is in Los Angeles, information exchange is somewhat inconvenient.

Also because Abel asked David to pay attention to those medium and large energy companies.

Although there are many such energy companies in the United States.

But under normal circumstances, their operating conditions are pretty decent.

It takes a certain amount of time to wait for the right opportunity to win this kind of company.

"Which company is it?" Abel asked.

"."

David Mellon said a name: "Sempra Energy, you may have heard of it."

"Sempra Energy Company?" Abel thought for a while.

He remembered that this seemed to be the West Coast, a large energy company that had just been established but was quite large.

The reason is that not long after it was established, the scale was able to reach a certain level.

At the same time, it was established two years ago and has been on the market for two years.

Abel remembered that this was because this company was a new company formed after the merger of two listed energy companies.

David also confirmed this.

"The predecessors of Sempra Energy were Pacific Energy and Inova Gas."

"They merged in 1998 and then re-listed. The company currently has a total share capital of 250 million, about US$70 per share, and a total market value of US$17.6 billion."

With a market value of US$100 million, Abel raised his eyebrows.

This volume,

In the current U.S. energy market, even the global energy market.

It can already be called one of the energy giants.

"What about the shareholding structure? Sampra can

What is the equity structure of Yuan?" Abel asked.

"The company's largest shareholder is currently the Martin family of the original Pacific Energy Company. After the merger of the two companies, the Martin family currently holds approximately 23.5% of Sempra Energy's shares."

"The second largest shareholder is the Taylor family of Inova Natural Gas, with a shareholding ratio of about 16.73%."

"The third largest shareholder is Buffett's Berkshire Hathaway, with a shareholding ratio of 5%."

"The stock god bought it at the end of 1997. When he bought it, he spent 300 million U.S. dollars. Now these stocks are worth more than 800 million U.S. dollars."

"In less than three years, the stock investor earned more than $500 million in profits from Sempra Energy."

"This income ratio can only be said to be worthy of Buffett."

It can be heard that David Mellon still has some respect for Buffett.

This is also normal.

Buffett became famous in the mid-1980s, when David was still a child.

His family is also from a financial family, so he probably grew up listening to Buffett's stories since he was a child.

After the 1990s, due to the vague guidance from relevant U.S. departments.

Buffett and Soros are known throughout the world as the twin swords of imperial finance and are very famous.

"It only took three years to make 500 million US dollars from 300 million US dollars. This is too slow." Abel commented this way.

David was speechless after hearing this.

Because David knows that most people in the world do not dare and are not qualified to comment on Buffett like this.

But Abel just had such qualifications.

Abel could even point to Buffett's nose and say this to Buffett.

"Okay. I forgot about you, this super pervert." David Mellon shrugged:

"Compared to you, every investor in this world becomes an ordinary person."

"Okay. Don't talk about this, let's talk about Sampla Energy. Why do you think now is the right time to buy it."
To be continued...