Chapter 214 Someone is pregnant

February 21, 2001.

The Wall Street Journal, on its front page.

Published reports related to Abel.

The Wall Street Journal was founded in 1889.

With a daily circulation of more than 2 million copies, it has become the largest paid-circulation financial newspaper in the United States.

It is the most influential daily newspaper in the United States and even the world, focusing on reporting in the financial and business fields.

The readers of The Wall Street Journal are mainly people in the political, economic, educational and medical fields.

Among them are 200,000 chairmen and general managers as its readers.

Most managers of the 500 largest companies in the United States subscribe to this newspaper.

This newspaper is on this day.

On its front page, there was a headline like this——

"The stock angel is reborn from nirvana? No, it is the financial Moses who comes to part the Red Sea!"

【.Those elderly and outstanding family financial planners in the United States may all remember a name - Peter Lynch.】

[Yes, that is our once famous stock angel Peter Lynch. 】

【.Peter Lynch became the manager of Magellan Fund in 1977. Since then, he has started his legendary investment career.】

[In 1977, when Peter Lynch first became the fund manager of the Magellan Fund, the Magellan Fund had only US$20 million in its account.]

[Thirteen years later, this number has grown to US$14 billion, with an average annual compound return rate of 29.2%.]

【..Peter's rate of return is much higher than even Warren Buffett's during the same period.】

【.For example, from 1977 to 1981, Peter Lynch's total return rate was as high as 352.4%, outperforming the market by 308.2%, and Buffett's total return rate was 247.9%, outperforming the market by 203.7%.】

【.This is the glorious past of the former stock angel.】

【.But we have to look at the present, we have to look at the present, we cannot look at the past.】

[Now in 2001, the country has entered a period of great inflation, oil crisis, Internet bubble, energy and food surges, local protectionism, and domestic economic growth is declining...]

[Many factors are intertwined, almost forcing family financial managers to a dead end, and they don’t know where to go.]

【At this time, in New York, on Wall Street.】

[A new "Peter Lynch" has appeared. No, he is even more exaggerated than Peter. His name is Abel Smith. 】

【Abel Smith, this year.】

【.】

This Wall Street Journal article is quite long.

Generally speaking, the newspaper's reports are both long and short.

The long ones have one or two thousand words, and the short ones have several hundred words.

Today’s front page headline is already a very long article.

It has almost four thousand words.

Among the "Wall Street Journal" reports, it also falls into the category of longer content.

It begins with the "competition" between Peter Lynch and Buffett from the 1970s to the 1990s, and finally leads to the Abe Smith of this era.

In the middle, in detail, the information that Smith Capital sent to investors yesterday is listed, and the data in it is listed.

For example, during the 180-day closing period, the total investment amount is US$3 billion.

After the closed period ended, the balance in the private equity firm's account was US$14.6 billion.

All the information, etc., were disclosed.

Finally at the end of the article.

The author of the article declares that stock angel Peter Lynch is a thing of the past.

The Wall Street Journal also mentioned Buffett's investment in Smith Capital, which has a heavy position of US$16 billion.

This incident is also used to prove that Buffett, who is still active, is already in the past continuous tense.

What appears now is the future tense, the "Moses of Finance", Abel Smith.

If it weren't for the newspaper that published this report.

It’s a newspaper like the Wall Street Journal, which can be said to be old-fashioned and doesn’t know how to adapt. It always reports more words than pictures.

Many Americans have seen reports like this.

Most people would probably think that this newspaper received money from Abel.

But now, such a report appears in the Wall Street Journal.

And it was not acquired by Abel.

This makes the Wall Street Journal report appear more credible.

At one time, three billion dollars in 180 days.

It turned into $14.6 billion.

It has quickly become one of the hottest spots in the entire United States.

This is also following hot news topics such as "Smith Storm", "Isa's Show", and "The New King of Wall Street is Born".

A new hot spot happened to Abel again.

Different from the previous times.

Faced with this situation this time, Abel was able to call and get a general idea.

He made a direct call into the white house.

Not a few minutes later.

Laura, her uncle, started talking with Abel.

"Are you here again? George, you are trying to flatter me again. I am still so young."

"Ha~"

Xiaoshu's hearty voice came from the phone, "What's wrong with this? There are too many people who don't even get such treatment."

"It's really nice. But you hold me up too high. I'm afraid that if I fall, I will be shattered into pieces."

Abel's face was expressionless. He was at Smith Capital when he made this call.

"Don't be afraid. My dear, you still have us behind you. Who else is this new lamp bead of yours? Even if we don't polish it for you, it's still so dazzling. Those guys think that in this case, just let it shine

You should be more dazzling."

"No matter how dazzling it is, it can't compare to the sun. When the sun comes out, the lamp beads will lose their light."

"There is no sun. There is no real sun in this world. There are only lamp beads like you."

"Okay. I understand."

"Hahaha~ By the way, be mentally prepared. Maybe after a while, you will receive a Medal of Freedom."

"Do you think the lamp beads are not bright enough?"

"Hahaha~ Let's just say it. By the way, remember to date little Laura more often. She will go to New York to go to college next month."

"Okay."

"."

The phone was hung up.

Abel also confirmed that he was indeed taken out by the lighthouse again this time and polished again.

But unlike last time, the storm this time made him a little scared.

These old Ansa are not afraid of praising others too highly.

When it falls, it will be smashed to pieces!

As a result of his cowardice, he left New York the next day.

He ran away.

He chose to go back to Texas.

February 22nd.

The Abelians were already in Tarrant County.

At this time, American public opinion is in the midst of a craze initiated by the Wall Street Journal.

Reports on the "Financial Moses" have become heated.
To be continued...