Reborn in America, I am a legendary short seller on Wall Street.
Chapter 13 Apology
Chapter 13 Apology
Starting Tuesday morning when the market opened, Larry entered a new phase of his career.
During trading hours, he would diligently copy down market quotes and silently analyze stock price fluctuations in his mind. If he found a good opportunity, he would, as before, quickly run to the betting shop two blocks away to place an order.
Generally speaking, seven out of ten times, Larry can predict the direction of stock price movements correctly and profit from his trades.
When it comes to trading, Lali has always remained calm and cautious, which means he doesn't make many trades, but he profits most of the time.
During this period, Larry also experienced several losses, but because he had doubts about the opportunity before placing the order, he intentionally reduced the number of shares he bought. This allowed him to keep the losses within $10, so that they would not be crippling.
In his spare time, Larry still went to the pharmacy to drink Coke, went to the fishing port to buy the freshest tuna and oysters, and then took a 10-cent public carriage home.
Life became more enjoyable.
The only difference from before was that the red-haired Logan left the store and never appeared again.
Time flies, and it's already the week before Christmas.
Larry anticipates a major market rally and is well-prepared for it.
At this moment, his net worth is already $301, which does not include his salary and the money he has spent lavishly to maintain his comfortable lifestyle.
Of the $300, apart from the initial $4 principal, the rest was earned by Larry from the betting company.
Larry was very pleased.
Besides providing him with financial security, the most important and meaningful thing for Larry is that more money can be converted into more security deposits.
As the scale of his transactions expanded, Larry's earning speed also increased.
This naturally caused dissatisfaction among the betting companies, as they found that they always lost money when facing this blond little boy.
December 18, Friday, 7:30 a.m.
A light snowflake was falling in Boston.
Larry disembarked from the public carriage on Milk Street, where Paine Webber Securities was located, and walked across the light snow toward the company at the other end of the street.
On the way, someone suddenly called his name.
"Hey Larry!"
Larry stopped and looked in the direction of the voice. The person who called out to him was none other than the red-haired Logan.
“Long time no see, Logan.” Larry stood still on the street.
Logan walked up to him in a few steps, looking embarrassed. He opened his mouth for a while before finally saying, "It's too cold. Let me buy you a cup of coffee."
Larry nodded in agreement, and the two of them then went into a cafe on the street that served both breakfast and lunch.
Steaming hot coffee was served, condensing into wisps of white mist in the air between the two of them.
Logan still had a constipated look on his face and remained silent.
Larry couldn't hold back any longer and asked casually, "Where have you been these days? I heard you left the brokerage firm and went to find a better job elsewhere."
Logan glanced at Larry and sighed. "Oh, yes. Following Mr. Hemings, you know him?"
“I don’t know.” “Well, I didn’t tell you. Actually, he’s the one who told me two months ago that Barrington’s stock price was going to rise. After that transaction, I felt that working with him would give me insider information on stocks, and he happened to need someone to help him manage his securities business. So I resigned from my position at Paine Weber and went to work for him…”
"Oh, congratulations!" Larry said casually.
The two fell into silence again.
Logan picked up his coffee, took a sip, then looked out the window at the fine snow falling from the sky. As if he had made up his mind, he took out a dollar from his coat pocket and placed it in front of Larry.
“Larry, this is yours. To be honest, I’m sorry…” Logan murmured, not daring to look Larry in the eye.
"What is this?" Larry raised an eyebrow.
“I apologize for my reckless behavior last time! Larry, we used to be good friends. But after that deal, I became too arrogant. You were the one who helped me earn that money, and I even asked you for some kind of information fee. Damn it, I must have been blinded by the devil…”
Once Logan started talking, he lost all his previous restraint and poured out his heart.
"...So, Larry. Please accept my apology and take this dollar. It's not about the money; I'm paying for my mistake."
As he spoke, Logan looked at Larry earnestly.
Larry nodded, bent down, grabbed the dollar from the table, put it in his pocket, and said casually,
“What happened, Logan? Speak your mind.”
Larry didn't believe that someone would sincerely apologize! His past and present experiences told him that people wouldn't be held accountable for their guilt, but they would definitely regret hitting a wall.
You can't learn something just by being taught it; you can learn it after just one lesson.
Sure enough, after Larry finished speaking, Logan's face flushed red and then turned pale. He hesitated for a moment before replying.
"Later, I also went to a betting shop—well, not the one we went to before. I once thought that with Mr. Hemings's information, I could get rich quickly at the betting shop... but I was wrong, very wrong."
Logan looked up at Larry and continued, "I lost a lot of money. Not only did I lose the money we made, but I also lost my salary, bonuses, and even the money my family gave me to buy a cotton coat. That's when I realized that you were the reason we made money."
“Excuse me for being blunt, Logan!” Larry looked at him and decided to be direct. “I’m used to doing business on my own. I accept your apology, but I can’t take you with me on this deal.”
Logan looked up at him, a slight look of disappointment on his face, but he still nodded and said,
"No, that's not important! Larry, what's important is you. I regret falling out with you over those things, and I've come back today to beg for your forgiveness. I know you'll definitely be a great person in the future. Can we still be friends?"
Larry laughed, thinking to himself that as long as he wasn't forced to do business with Larry, everything else was a minor matter.
“Logan, we’ve always been friends, and we will always be friends.” Larry extended his hand.
Logan quickly stepped forward, and the two clasped hands tightly.
“Larry, I have some insider information to offer you for free!” Logan said with a smile.
“No! Logan.” Larry shook his head. “You don’t understand what I mean. When I trade, I always do it my own way. Just like when we first partnered, I bought long Barrington based on my own understanding, and it had nothing to do with your information.”
Logan's smile froze. He tried to explain, "Hey, I just wanted to share a message between friends."
Larry shook his head again. "No! Logan. To me, a deal is business, and business is business. Nothing else matters."
Logan looked at Larry and nodded, seemingly understanding.
(End of this chapter)
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