Anyway, the European continent is still very close to the United States, especially on the east coast of the United States. As long as you have sufficient funds, it is quick and convenient to take a ferry between New York and London.
In particular, passenger ships departing from the United States to Europe are very frequent. Americans who made money during the Industrial Revolution loved to travel to Europe for consumption.
The current ferry tickets are naturally not very cheap, unless you sit in first class like Jack.
Yang Xiaolou has toured several times in the United States, and he can continue to go to Europe to build his reputation. In Western culture, Europe is overwhelming the United States, and Americans at this time also "worship the British and the French."
Therefore, if you want to make a name for yourself in the European and American cultural circles, it is more appropriate to go to Europe. At the beginning, Li Yu also submitted his manuscript to the UK first.
On the ship, Li Yu was reading newspapers and books when he had nothing to do. An American on the same ship suddenly came over and said, "Are you Li Yu, the mathematical genius, the man hidden behind Wall Street?"
Li Yu put down the book in his hand and raised his eyes to see a tall and thin man: "Who is your Excellency?"
The other party took off his hat and said politely: "I am Livermore, an investor."
It turned out that he was the earliest super financial investor in the United States. Or it would be more appropriate to call him a speculator.
This guy is probably most famous for shorting the U.S. stock market at the beginning of the Great Depression in 1929, making a huge profit of $100 million! This directly made him one of the richest people in the world at that time.
Then this guy went bankrupt a few years later for unknown reasons.
However, he went bankrupt many times in his life and is considered a legendary figure in financial history.
Li Yu replied casually: "Hello."
Livermore said, "Can I sit next to you?"
Li Yu stretched out his hand and said, "Okay."
After Livermore sat down, he said to the waiter: "Please give us two glasses of whiskey, thank you."
Li Yu asked: "Why did you say that I am the man hiding behind Bei Wall Street?"
Livermore smiled and said: "Which trader or investor now doesn't know your relationship with Mr. Morgan? He is the god of Wall Street. Of course, you are also the god of science. By the way, you are an Oriental, or Oriental."
Is the Buddha more suitable? In short, it is two god-like figures joining forces, which really made me watch a good show."
Seeing Livermore's happy look, Li Yu roughly guessed the situation: "Sir, did you make a fortune in the stock market?"
Livermore took a sip of whiskey: "It's not a big profit, it's nothing compared to you. I just made a small profit of 100,000 US dollars through the big waves of the Ly radio in your hand."
Li Yu said: "It seems that Mr. bought shares very early, and the information is really well-informed."
Livermore said: "It just so happened that I happened to be in St. Louis at the time. I saw radio at the World's Fair and knew that this thing would be immeasurable in the future. So I hurried back to New York and invested all my money, about fifty thousand dollars.
Unexpectedly, an even worse coincidence was yet to come. News suddenly came out that Mr. Morgan had bought a stake in LY Radio, and even the Dow Jones Index was included in it. Moreover, newspapers reported heavily on your company's horrific performance and production expansion plan, and the stock price instantly rose.
But this is the most profitable time I’ve ever made.”
What he said was true or false, and he didn't know whether it was because he was really lucky or because he had an extremely keen business sense. However, Li Yu would not really guess which ones were true and which ones were false. He just said: "Congratulations, sir!"
Livermore raised his glass and said: "I should be more grateful to you as a genius. Without your company, how could I have made so much money? And..." Livermore came over and whispered, "I heard that you suggested Carnegie
A lady in the family invests in the stock market, and the rate of return is astonishingly high. Coupled with your profound knowledge in mathematics, you will definitely become the next Mr. Morgan. It is not an exaggeration to say that you are the man behind Wall Street."
He didn't know why there were so many sources. Li Yu said with a smile: "Mr. Morgan and I explained that although economics is closely related to mathematics, mathematics has no necessary relationship with the stock market."
Livermore actually took out a copy of "Fractals and Chaos" from his bag: "All I know are chaotic systems, which are impossible to predict."
Li Yu was really shocked that he actually read a math book!
No wonder I have always heard that financial companies in later generations often recruit some science workers. Naturally, the majority of middle and back-office personnel in banks are math and computer workers.
The investment analysts of some investment banks also like to recruit people with science and engineering backgrounds because they need to investigate an industry in great detail in order to make decisions, so they must have people with a thorough understanding of the industry.
This kind of understanding must be really deep understanding, from the bottom up. When investigating the chemical industry, one must be a chemical major; when investigating the automobile industry, one must be a mechanical major; when investigating the pharmaceutical industry, one must be a pharmaceutical major.
It’s really not easy to do finance.
Anyway, the relationship between the world and finance cannot be said to be close. It can only be said that we are inseparable from each other.
It seems that Livermore really has some tricks up his sleeve and is not a complete speculator. He knows how to study all the time, otherwise he would not make so much money.
Li Yu asked curiously: "Can you understand this book?"
Livermore spread his hands: "I can only understand a small part. After all, I only have a middle school education. It is not easy to read all the words in it. I can roughly guess some truths from the stories in the book. But I really like reading it.
Your book, a mathematics book, contains so many vivid stories that even a person with little education like me can read it with gusto."
The second edition of "Fractals and Chaos" has made many improvements, and the first half is written for the general public.
Li Yu said: "Since you also know that the stock market cannot be predicted mathematically, why do you need to read mathematics books?"
Livermore's thinking turned out to be very clear: "You said the opposite. It was only after reading your book that I realized that the stock market cannot be analyzed mathematically. But there is no harm in knowing a little mathematics, at least the calculation ability has improved a lot. Today's market
It’s so difficult to get information online, so enriching yourself might be a good plan.”
Nowadays, listed companies do not have as clear financial statements as in later generations, and it is more difficult for ordinary investors to obtain company information. It is really incredible that Livermore can make correct judgments many times.
Li Yu said: "When you go to Europe this time, do you want to visit the French exchanges in London?"
"You are really right! If I have the chance, I would like to see how the British and the French manipulate finance," Livermore said. "Of course, I would like to take a good vacation first. I can't live such an exciting life every day."
"
Li Yu was also happy: "Your word 'manipulation' is not subtle at all."
Livermore continued to take a sip of whiskey: "Everyone knows what is so subtle about it! If I have that ability and want to control an industry, then I can make a lot of money!"
This guy later actually manipulated the cotton market in the United States.
The ship docked in London. Li Yu had to disembark first, while Livermore had to continue to Greece to enjoy the scenery of the Aegean Sea. He finally said: "Your company's stocks are one of the few that I am ready to hold forward."
, I think it will not disappoint me.”
Livermore was a frequent short-term speculator, and the "forward" he spoke of was probably only a few months longer.
——
After disembarking from the ship, Li Yu was greeted by Lord Kelvin and President Huggins. They showed great respect to Li Yu. Li Yu shook hands with them and said: "You two seniors came to the dock in person, I'm sorry."
Lord Kelvin smiled and said: "If you don't show some sincerity, how can you submit more articles to us?"
Li Yu also laughed and said: "I just want to boost the reputation of the "Science" I just bought."
Lord Kelvin said: "It's great that you have inspired us! Now our societies and universities have begun to send letters to the United States. This time you are here and you have to send us another high-quality article. Then
I will help you apply for a professorship in Cambridge, or I can directly help you get a doctorate first, and it will be nicer to tell you later."
He was still thinking about himself, so Li Yu asked: "Doctor? Do you still need to defend your thesis?"
Kelvin held a brand new pipe and said: "This little thing is easy. There are a few people with higher academic standards than you now, just go through the motions. Mainly because I have the title of Cambridge and want to use their laboratory in the future."
It’s a lot more convenient.”
President Huggins also said: "Research is definitely inseparable from the laboratory, and you don't know that all universities in Europe are now doing your oil film method experiments. I heard that even Mach and Mach who often publish articles criticizing atomic theory
Ostwald did it, but now they are still stubborn and unwilling to admit it."
Li Yu said: "Laboratory, are you referring to the Cavendish Laboratory?"
"What else?" said Lord Kelvin. "The people in Cambridge are very stingy and will only let their own people use the laboratory."
Li Yu said: "This regulation is normal, otherwise anyone can use it, and the laboratory will become a vegetable market."
Lord Kelvin said: "I will say hello to you when the time comes. Just pick any of your articles as your doctoral thesis. Of course, it would be better if there is a new one."
Li Yu thought for a while and said: "I have already done some work on the ship. Since the Lord has helped me so much, I will definitely give you some new results."
Lord Kelvin said happily: "You really surprise me every time!"
Seeing that the time was right, Li Yu immediately continued to make conditions: "If your lord can let Cambridge not only give me a doctorate, but also recruit some Chinese students every year, I will definitely be very motivated."
Lord Kelvin smiled and said: "Since you started a business in the United States, you have become more and more like a profiteer, and you have offered me such offers that I simply cannot refuse."
Li Yu also smiled and said: "It doesn't need to be more, ten a year will be no problem, right?"
Lord Kelvin said: "Fortunately, my old face is still somewhat recognizable in Cambridge. Since this is the first time you have asked me for a request, I will do whatever you want for you."
Li Yu bowed his hands and said, "Thank you, Lord."
Lord Kelvin followed suit and said, "It's easy to talk about."
President Huggins said with a smile: "Your Majesty, the next step is to learn Chinese!"