Wall Street in the 1960s was already the financial center of the United States and gradually became a world-famous financial region. General offices such as the "Morgan Chaebol", "Rockefeller" and some large enterprises opened banks and insurance, etc., have settled here, and even the famous New York Stock Exchange and the government, and municipal traders are also here, affecting the future of the US economy.

After success, many financial companies wanted to open their general offices on Wall Street. The Letu Holdings Investment Company, founded by Herak's father Sterlingford, moved into Wall Street two years ago.

The business done by Letu Holding Investment Company is also called a bank holding company. It controls the shares of several banks to operate the company, and at the same time invests in some companies' stocks to make money. The main feature of the holding company is to widely absorb idle capital by issuing and selling its own stocks and bonds to purchase the stocks of other companies, and then further issue more stocks and acquire more stocks based on the stocks of these companies they hold. Their definition is to purchase stocks and control other companies.

Companies supported by shareholding companies all have one advantage, that is, they can avoid the high taxes in the United States, which is a preferential policy given by the government after World War II.

However, in Herak's view, this place will not be a long-term general office in the future, and can only be used as a temporary general office, so he did not try to stop Sterlingford's relocation. In the future, he naturally would advise his father to move out of here.

Regarding Letu Holdings Co., Ltd. founded by Sterlingford, Herac was searching for future famous holding companies or bank holding companies in his mind, but found that there was no news about this company. After understanding it at the age of five, he realized that at that time, Letu Holdings was just a small company that had just become a top third-tier company. It seemed to him that the single model of pure holding companies was not a long-term solution.

A purely holding company means controlling and manipulating other companies by holding a certain amount of stocks in other companies, and does not operate actual business itself.

In order to make this company one of his future helpers, Herak relied on Sterling's indulgence to him, and often used information such as those rapidly developing companies and bank shares in the 1950s to wander in front of Sterling, and used naive ideas to ask many ideas in the company.

Although Sterlingford is a bit old-fashioned about the company's business methods, he still has a keen eye. He often asked one question after another by Herac. He gradually found that his company's business was too conservative and would be eliminated in the changing era. Therefore, he changed the company's business and operation model and carried out a mixed holding company. He can conduct commodity production and sales business when investing in bank stocks and the company's stocks, thereby increasing the company's revenue.

Once you control 25 to 30% of the shares of other companies, you can enter the board of directors and intervene in some business. In just a few years, Letu Holding Investment Company has moved from a third-tier company to a second-tier company and into Wall Street.

When I walked into Letu Holding Investment Company, I saw a busy group of people. Sterlingford's assistant Kim Jianfu, a 27-year-old blonde and blue-eyed beauty wearing glasses came over.

"Yeah, I have breasts and a pretty figure."

Looking at the beautiful assistant walking towards him, her slender figure and chest, Herac whistled in his heart.

Jin Jianfu looked at Herac, who had grown to 1.78 meters tall and could still grow tall, and found that Mr. Sterling's only son was quite handsome. He couldn't help but jumped a little, and various thoughts gushed out of his mind.

Although the beauty is pleasing to the eye, Herac remembers the business of his coming to the company. Anyway, he is his father's assistant. He had time to chat in the future and asked, "Where is my father."

Jin Jianfu quickly suppressed the thoughts in his mind and smiled seriously: "Master Herak, Mr. Sterling is signing a joint equity transfer contract with Mr. Patton. He asked me to take you to his office and wait for him first."

"I heard that the equity transfer contract is already signed."

Herak was shocked and looked at Robert Duval. He was in a good mood with Robert Duval, followed Kim Jianfu into the elevator and went straight to the 18th floor, and walked towards the chairman's office.

Over the past eight years, he gradually revealed his talent and maturity in investing in stocks and did not make Sterlingford suspicious. This made Herac feel relieved, and he was also brought by Sterlingford by his side in school. When he had nothing to do, he taught him about finance.

In ten years, Herac witnessed that in addition to owning five small banks, Letu Holdings also holds 25% of the shares of Dow Jones (Wall Street Journal Press), Wells Fargo, Warner Bros. Entertainment, etc. through the help of his future memory.

Seeing Jin Jianfu withdrawing from the office and thinking that it would take a lot of time for Sterlingford and Patton to sign the equity transfer contract, Herac looked at Robert Duval, who was drinking coffee and said, "Mr. Robert Duval, your contract as my bodyguard should expire!"

"Our contract expires ten days later."

Robert Duval heard Herak ask about the contract, took a sip of coffee and put it on the table, and looked at Herak in confusion, "Herak. You should know that I plan to enter Hollywood. When the contract expires, I don't plan to continue to be a bodyguard or coach. Why are you asking!"

"Do you remember what I said ten days ago?"

A flash of light flashed across Herak's eyes, and he reminded him with a smile.

Robert Duval was stunned and thought in his mind about what Herac said to him ten days ago. Suddenly, he thought about what Herac said to him ten days ago, "Mr. Duva, if I open a movie entertainment company, I will definitely ask you to act."

He just said "good" at that time to fool Herac said that Mr. Sterling held 25% of the equity in Warner Bros. Entertainment and today's crucial acquisition and signing equity transfer contract, his heart moved slightly, Robert Duval looked at Herac with a little startled look in surprise and opened his mouth.

Click...

The office door was opened, interrupting Robert Duval's words when he wanted to speak. The two watched a strong middle-aged white man walk in with two contracts, following behind him by beautiful assistant Kim Jan-fu.

"We'll talk later."

Herak gave Robert Duval a look and shouted to the middle-aged white man: "Father"

"Hrac, my son."

Sterlingford hugged Herak happily, sat next to him with the contract in his hand, and placed it in front of him as he was expecting. "This is what you want."

Herak's eyes lit up, and he couldn't wait to pick up the contract. When he opened the first page, he saw 100% of the equity transfer of Lianmei Film Company. "Alliance Film Company, one of the eight major Hollywood film companies, has obtained it."
Chapter completed!