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Chapter 338 Buffett Smith Soros(2/3)

Soros Fund Management is a fund company owned by George Soros.

Different from the Quantum Fund he founded with Rogers, Soros Fund Management Company is mainly engaged in normal financial investments, mainly stock investments.

In contrast, Quantum Fund is one of the most famous hedge funds. It plays a small role and uses super exaggerated leverage to take advantage of the US dollar tide and harvest the world.

Last time I dealt with the Norwegian krone, it can be said that I stood on the opposite side of Soros and international hot money.

Although Soros retreated early, his losses were not great.

But Abel let Soros waste several months in Europe, but gained nothing and even lost millions of dollars.

This is already a defeat for George Soros.

You must know that in the beginning, Soros frequently showed his favor to Abel.

In the middle, Abel also hinted at one point why international hot money and Soros stood together and everyone happily harvested Norwegian leeks.

But later, when Abel found a profitable situation, he immediately turned his back on him.

Standing between Norway and Soros, he vacillated and took advantage of both parties.

Although Soros said nothing afterwards, because Abel's approach was too in line with the tone of financial capitalists.

Even deep down in Soros's heart, he was still laughing at Abel's immaturity.

If Abel and Soros had changed positions at that time, the old guy felt that he had dozens of ways to win even more Abel!

Comparing his feelings, Soros did not think there was anything unusual about Abel's actions.

If it were other financial capitalists, they would do the same thing, or even do it even more outrageously.

But after this incident, the two became enemies.

Given the opportunity to retaliate or add insult to injury, George Soros will never hesitate.

Just like when Abel stood in the middle and swayed from side to side, seeking benefits from both sides!

This time the old guy would want to take revenge on himself in the stock market, and Abel was not surprised at all.

Abel squinted his eyes slightly, with a cold light flashing. No matter what, if the other party came out to disrupt the situation at this time, it would bring him some trouble.

If Soros had already contacted American Express and formed an alliance, then the trouble might be even greater.

No matter what, since the other party couldn't bear the loneliness, he took action.

It is impossible for Abel to ignore it, and he cannot ignore it. After all, Soros Fund Management Company is also one of the giants on Wall Street.

Behind him stands Soros of Oilers Capital. If he really wants to get serious, his financial strength is very strong.

If you can dig holes into Soros, you can't ask Soros not to fight back.

"Haha, let's see who is more skilled!"

The corners of Abel's mouth raised, his eyes became sharp, and he muttered to himself.

On November 13th.

After learning that Soros Fund Management Company had taken action.

American Express's top executives, represented by Kenneth Chenault, immediately publicly showed their favor to George Soros.

Soros Fund Management Company is also very cooperative.

George Soros himself did not come forward.

Tims, the general manager of Soros Fund Management Company, held a press conference this morning.

At the press conference, Timms praised the value of Istanbul Express.

It is claimed that the actual value of this company, which has a long history and is favored by Buffett, Smith and Soros, far exceeds its stock price.

Timms claimed that Soros Fund Management's move was not a speculative move, but a value investment.

Soros Fund Management Company will hold American Express shares for a long time and regard it as a major holding of the company.

After this press conference ends, wait until the U.S. stock market closes at noon.

Stimulated by this major good news, American Express's stock surged from $35.9 at yesterday's closing price to $39 per share again.

At this time, whether it is investors or the financial media.

Everyone wants to know what Abel Smith means now.

Soros even stood up and expressed that he would compete with him for American Express.

Wouldn’t the world’s richest man come out and say a few words?

This is the only service company in the Dow Jones Industrial Index.

Buffett happens to be optimistic about it, Smith is optimistic about it, and now even Soros is optimistic about it.

Of course I bought it.

Obviously, after the market reopens in the afternoon, American Express's stock price will continue to rise.

At this time, Abel was already at the intersection of Highland Street and Sunset Boulevard, the busiest intersection in Hollywood, Los Angeles.

To be precise, he was in the new headquarters building of MGM Film Group next to it.

A few months ago, Abel took a fancy to a fifty-story square commercial building here.

After taking a liking to it, he directly asked his New Starting Point Real Estate Company to take action.

After buying this building, it was rented to MGM at a very cheap price and used as the new headquarters of the film group.

A few months later, MGM Film Group's subsidiaries such as MGM Films, DreamWorks Films, Marvel Films, DreamWorks Animation, Pixar Animation, etc. basically moved here to work.

Since the building is spacious enough, there is still a lot of office space left.

DreamWorks Music also opened a recording studio here.

Some subsidiaries of Smith Media also opened a Los Angeles branch here.

A large number of office workers and staff moved in, making the building suddenly lively.

Tourists and passers-by who pass by Sunset Boulevard or Highland Street every day will see the parking lot outside the building that has been hung with the "MGM Film Group" sign, filled with all kinds of cars.

Being able to work in such a spacious, comfortable place with new equipment, new building decoration, and a very important location.

All the staff are happy, including the stars and actors.

The only not-so-good thing is that the building is located at the busiest intersection in Hollywood.

During the daily rush hour, if you are not stuck in traffic for more than an hour or two, it will be as if the sun is rising from the west.

Abel always likes to work in high places.

His office here is naturally located on the top fiftieth floor, directly facing the intersection below.

At noon.

In front of the huge floor-to-ceiling window of the chairman's office, Abel put his hands on his hips.

Looking at the traffic jam below for at least several kilometers, he felt a sense of schadenfreude.

Turning around, he looked at the sofa in the lounge area of ​​the office.

Robert Iger, CEO of MGM Film Group, CEO of Smith Media, and others were sitting on the sofa looking at him.

Abel walked over and faced his subordinates. He smiled and spread his hands——

"It seems that it is necessary to prepare a business helicopter for you? Otherwise, it will be more troublesome when you encounter such a big traffic jam when traveling for urgent matters."

Robert smiled and said: "Many employees now prefer to come on bicycles and motorcycles."

Michael Levine also joked: "There is no need for employees, I come here by bicycle. Driving is too congested."

The great director Spielberg, the head of DreamWorks movies next to him, thought to himself - the luxury apartment you live in is less than a mile away, of course you can ride a bicycle.

But Spielberg didn't say anything, because the mansion where the great director lives is closer to here, and it only takes less than ten minutes to walk.

"Okay, let's not talk about this problem anymore." Abel chuckled and said, "It's already November. Let's talk about next year's plans."

Today he is here, convening the people in charge of the entire Smith Media Group related to movies.

The heads of the major film companies under the MGM Film Group are all here now.

Abel glanced at it and directly named the great director Spielberg.

"Steven." Abel smiled and said, "How about you tell me first? Let's talk about next year's DreamWorks movie plans."

The three giants of DreamWorks Movies, after selling all their company shares to Abel.

According to the contract, the three people only need to make movies or engage in movie-related work.

Smith Media, which acquired DreamWorks Movies, has priority in hiring them.

In fact, this is indeed the case.

Jeffrey Katzenberg from the Big Three of DreamWorks, who is now in charge of DreamWorks Animation, is also here today.

David Geffen is in charge of DreamWorks' music. Today is mainly about film matters, so David won't be here.

The famous director Steven Spielberg is currently the general manager and chief producer of DreamWorks Movies.
To be continued...
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