“So tell me, you make countless calls every day.

Why do most people earn tens of thousands of dollars a year, instead of hundreds of thousands or hundreds of thousands?”

fk, hundreds of investment elites are now not sure how to answer.

Li Changheng's mouth was raised, and a faint smug expression appeared on his face.

He asked, pointing to a man in suit who was two meters apart by the guards, "Tell me, who do you call every day?"

Edward, who was pointed, stuttered excitedly and didn't even know how to answer.

Fortunately, he was not stupid, so he took a few deep breaths and hurriedly found a stack of information from his desk.

He said loudly, "Sir, most of the targets are mainly doctors, lawyers and other customers who earn more than 50,000 yuan a year."

Li Changheng smiled and nodded, "The income is good, and some spare money can be used for investment. I am more eager to make more money. So what is the effect?"

"No, not very good."

Edward shook his head depressedly, thought for a moment before saying, "I probably understand what you mean. The higher the education and experience of middle and senior management, it is really not that easy to convince.

However, for middle- and low-income people, apart from living expenses, there is not much spare money to save, let alone invest in it."

Li Changheng was a little surprised, but he thought without surprise.

There are indeed few of these people who are fools, but their knowledge and imagination are still limited by the lack of information sources.

Moreover, I probably want to climb up and only want to make friends with people who are better than me, and can't let go of them to contact groups with lower incomes than me.

After clapping his hands, he waited a lot of quiet, then he continued to bewitch, "Guys, you have to understand that a customer only earns 1 US dollars for you is really not worth our waste of time.

But if this person is one thousand, ten thousand, or even ten million, then they are your God.”

Ten million new leeks?

How is this possible?

But no one objected to Li Changheng's words. Instead, under the influence of his fame, he looked at Li Changheng with incredible expressions with his ears raised and looked at him with anticipation.

"Who told me how much debt the United States has this year?"

After a while, someone shouted uncertainly, "40%?"

Li Changheng instantly realized that at least 780% of the people around him lived an advanced consumption life of owing bank money.

In other words, although their suits are straight, they are actually all shiny on the surface.

"It seems that it is necessary for me to set up an intelligence collection team at Citi to specifically collect the monthly consumption and repayment capabilities of residents in every state, county, and even town.

In case you, the elites with the highest education and all graduates from Ivy League, don’t even know the debt ratio of the Americans.”

fk.

While most people cursed in their hearts, no one dared to refute Li Changheng.

"The debt of 10.3 people means deducting you Wall Street and other middle and senior elites in the industry.

Although the middle and low-level American population does not have much money, there are at least 30 million families who can afford to spend thousands of dollars.

So, gentlemen, the elites who forgot about the annual income of 50,000 yuan, live in luxury houses, drive luxury cars, but owe money to the bank.

Because to a certain extent, these people are also elites, and they are not much worse than you in many aspects, and there are even a few people who are smarter than you.

And, postman, plumber, house mechanic, truck driver who do dirty work and tiring work.

We also need retirees who only know how to put their money in retirement funds and pension funds and eat 3% or 5% of annual profits.

Not only is he low in education, but his knowledge is limited by work, small towns and small cities.

When I hear Citi and Wall Street, my first impression is that I am a high society that is better than myself and rich."

As soon as these words came out, everyone's eyes shone with greed.

Many people think a little about the people they know, when they hear that they work on Wall Street, even if they have real estate and stable jobs, they will subconsciously take the initiative to make friends.

Since these people who live and work in big cities like New York will have the idea of ​​being inferior to others.

Then the title of Americans and Wall Street elites living in central cities or being confined to small towns throughout their lives is even more useful.

And for professional managers who work every day, they keep calling and using various means to fool customers into buying stocks, selling stocks, and earning commissions.

Since you are as smart as everyone else, you can fool the middle and high-income groups living in big cities.

It seems really simple to fool those red necks who envy rich people, envy Wall Street, and dream of making money.

Thinking about this, hundreds of managers turned to the head of the investment department.

Superintendent Jason nodded and shouted loudly, "Guys, I promise that before work tomorrow morning, there will be ten thousand customers around New York, with annual income of more than $10,000.

Moreover, the Advertising Department's funds will be divided into 30% of them in the central and small cities."

Huge cheers quickly rang in the office, and Li Changheng nodded with satisfaction.

Although Jason largely because he said this, Li Changheng, he had to sell the face of his new boss.

But after collecting 10,000 copies of information in one night, Jason's ability is still worthy of recognition.

As for why I said these words publicly, in addition to mobilizing the enthusiasm of the investment department owners and making more money for Citi, so that Citi can appreciate by 8 billion yuan, and then buying 2.5% of its shares.

The main reason is that only by bringing in the entire Wall Street bank and financial institutions, the Belford Investment Company, which Frank Abanell, will not become the target of public criticism.

And to be honest, commercial banks and investment banks such as Citigroup are subject to laws and regulations, and there is also a limit on managers that only have a commission of 1%.

It is difficult to compete with junk stocks specifically for investment companies, with commissions up to 20%, 30%, or even 50% of investment companies snatch customers.

In addition, even if Li Chang doesn't say that, once you see Belford Investment Company making a big profit in the future, Wall Street will definitely follow up.

In this case, it would be better to pull everyone in at the beginning to reduce the risk in Belford.

Even, it was done right from the beginning, grab the market and use performance to increase the valuation.

When the valuation reaches a certain level, major financial institutions will be allowed to invest or even sell them directly.

The second point is that Li Changheng has enough faith to earn 1.2 billion US dollars for Citi every year in the future.

Of course, he was doing this for himself, not Citigroup shareholders.

When the oil crisis breaks out and the economic situation in the whole country is worse, if a peer compares it, the additional 1.2 billion yuan of pure profits will appear more precious.

This will prompt idle funds in the market to pursue Citi more for the sake of financial security and profitability.

As long as a star effect is formed, the valuation of a listed company is not calculated by 20 times the price-to-earnings ratio.

But 30 times, or even 50 times.
Chapter completed!