"Kyle Page, what on earth is he trying to do?"
"Selling off Internet stocks for several consecutive days; according to reports, it has already exceeded $1.2 billion."
"Indeed. Based on the information we've obtained and Gale Capital's public disclosures, the Internet and tech stocks Gale Capital invested in on NASDAQ are now worth at least $5.2 billion."
"That's no small investment."
"Yes, with a cumulative investment of no less than $3 billion. While this scale doesn't match the Five Major Wall Street Investment Banks—Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers, and Bear Stearns—it's certainly a standout among mid-sized investment institutions."
Executives and analysts within various investment institutions that received the news were constantly speculating.
As of early 2000, while the capital managed by the Five Major Wall Street Investment Banks led the world, it was still a far cry from the trillions of dollars managed by any one of them in 2020—well, except for Lehman Brothers. Currently, the strongest, Morgan Stanley, manages just over $160 billion.
Goldman Sachs.
In a massive conference room, a group of top financial industry titans had gathered.
"Gale Capital is in such a hurry to sell stocks; could it be that Kyle Page is facing a personal liquidity crisis?" a female executive blurted out.
As soon as she spoke, someone immediately retorted, "Nata, don't make us laugh with your foolish remarks, okay?"
John Kettaborges, one of the heads of Goldman Sachs, said displeasurably, "Nata, I can tell you clearly that Kyle Page's financial situation is very healthy. His personal investments in Internet stocks were almost entirely sold off as early as late 1999, cashing out up to $4 billion. So, do you think he's short on money?"
Female executive Nata: "..."
Kyle's personal financial health was incredibly robust.
In fact, it wasn't that Nata was ignorant; rather, she had long been responsible for gold, silver, oil, and other futures trading in the European market. Thus, she lacked accurate judgment regarding Kyle due to a lack of information.
Wall Street follows a partnership system, where every executive is a shareholder of the company.
This system allows for rapid expansion, but internal struggles are definitely frequent.
Everyone wants to rise to the top!
Everyone wants to hold sole power!
Morgan Stanley.
As one of the Big Five Investment Banks on Wall Street, it naturally possessed the fastest information channels.
As early as when Kyle's Gale Capital sold over $800 million, Morgan Stanley's professionals had already retrieved the status of Gale Capital through various information channels.
To be honest, this kind of capability was quite terrifying.
"I've studied the history of Gale Capital's rise and found an interesting phenomenon."
An executive looked at everyone and smiled, "Aside from the 1997 Asian Financial Crisis, Kyle Page has only visited New York 12 times. Seven of those were for movie promotions, and one was to attend a friend's gathering. In other words, he came specifically for Gale Capital only five times."
"From this data, it's not hard to see that the normal operations of Gale Capital were actually carried out by Henry Eugenber, the former president."
"It's not that I look down on Kyle Page."
"But we all know the fact that every genius on Wall Street stands out only after years, a decade, or even decades of financial experience."
"Therefore, can we assume that Kyle Page wants to play it safe and chose to secure his gains?"
Hearing this, many couldn't help but nod.
Playing it safe is the philosophy of most investors; there's nothing to be ashamed of.
Hurricane Investment Company.
"Heh!"
While the outside world was speculating, Henry Eugenber, the former president of Gale Capital and current owner of Hurricane God, couldn't help but sneer.
"Can I say they're overthinking it?"
"Eh?" Everyone was puzzled.
Henry laughed loudly, "There are many speculations about why I left Gale Capital, but I'm telling you clearly, it's really just because our investment philosophies differed vastly."
Kyle plays it safe, preferring to make less money rather than take huge risks;
Henry is different. Having spent nearly 20 years on Wall Street, going from nothing to owning a billion-dollar fortune, he relies on a spirit of adventure.
Even finding life in death!
His investment philosophy is to find opportunities in crises, maneuvering to earn the maximum profit.
"Kyle Page has his way of doing things, but it doesn't suit me."
"His urgent sell-off of Internet and high-tech stocks is nothing more than securing his gains."
"Don't look at the 1997 Asian Financial Crisis; he found a few key entry points in Thailand, Southeast Asia, or Japan and South Korea. His grand strategy could be called excellent, but his tactical level—heh—I won't say it's beginner level, but it's not much better."
"In short, the nasdaq index, which keeps rising and breaking peaks, has frightened our good boy Kyle Page~"
The words fell.
Immediately, the entire place erupted in laughter, and many even showed looks of disbelief.
One executive said loudly, "That guy Kyle Page should just stick to making movies. This exciting game on Wall Street really isn't suitable for a good boy like him."
Many people laughed out loud.
February 9th.
By the time the stocks sold by Page Pictures totaled up to $2 billion, Kyle was invited for an interview.
Yes, an interview from Bloomberg News.
Bloomberg News, fully named "Bloomberg L.P.", was founded in 1981 and is the world's largest financial news company. It has over 100 news bureaus and more than 1,500 news professionals worldwide.
At the same time, Bloomberg is the world's largest financial information service provider.
Its data terminal system, "Bloomberg Professional Services," helps clients view and analyze real-time financial market data and execute trades. Customers using this terminal are all over the world, including traders, investment banks, the Federal Reserve, other U.S. official agencies, and major central banks worldwide. The data terminal system is a paid service, contributing billions of dollars in revenue to Bloomberg News every year.
The founder of Bloomberg News is Michael Bloomberg, a top titan in the financial world who served as the Mayor of New York City three times. As of April 2020, his personal assets reached as high as $48 billion.
In a word, Bloomberg News is awesome!
"Mr. Page, are you ready? If you are, we'll begin now."
The person responsible for interviewing Kyle was a female reporter named Mortafi Philip, one of the most outstanding reporters at Bloomberg News.