Domination in America, Starting from being a Boxing Champion-Chapter 514 - 409 Party

During the competition in Singapore, Chris Liu and Jennifer Shu flew in from Capital City to see him.

The three of them had originally planned a date in Hong Kong Island, but due to a last-minute change of the competition venue, the date location was also moved to Singapore.

As a result, he stayed in Singapore for three additional days to take care of some business for the Hong Kong Island-based Golden Shell Investment Company.

He returned to the United States in late April.

This international competition brought in a total of 78 million US Dollars.

It sounds like a lot, but when acquiring Lionsgate Films, he took out loans of 360 million US Dollars on three separate occasions.

Counting the debt of Lionsgate Films, the debt related to him amounted to 540 million US Dollars at this stage, making him a bona fide debtor billionaire.

However, when borrowing from the bank, he also discovered a benefit: as long as you are bold enough and believe you can repay, you can have a large amount of cash at your disposal.

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After consulting with the investment department of Morgan Bank, based on his current assets and income level, he could borrow more than 1 billion US Dollars.

Initially, he wanted to borrow a few more billion to buy NVIDIA shares, to increase his holdings in NVIDIA to more than 10%.

However, when reviewing NVIDIA Corporation's information, he found that after experiencing two rounds of increases at the beginning of the year, by April, the stock price had fallen continuously.

From 18.5 US Dollars per share, it dropped to 13.7 US Dollars, and the market capitalization fell from 13.8 billion US Dollars to 10.5 billion, and it was still declining, with a great chance of falling below 10 billion.

When The Wall Street Journal reported on this, they also mentioned Link, ridiculing him for buying in when NVIDIA's stock price was at its highest, exchanging hot stocks for garbage stocks, and losing over a hundred million US Dollars in just over one month.

It even mockingly suggested that if stock traders didn't know how to trade, they could simply follow Link's lead.

Whatever stock Link buys into, they should either steer clear or short sell, and whichever stock Link abandons, they should quickly pick up, buying as much as they can with whatever money they have.

The reason is simple: Link is an amateur who doesn't understand the stock market, and doing the opposite of what he does will almost never result in a loss.

The Wall Street Journal is accustomed to building up and tearing down: when Tesla went public last year, they hyped up Link as an investment genius, but now with NVIDIA's market value plummeting, they're treating him like an investment idiot.

Link was also helpless seeing NVIDIA's situation.

He had assumed that after 2010, NVIDIA's market value would soar, with a yearly increase of 10 billion, and that it would exceed 100 billion in a decade, but he didn't anticipate so many setbacks and that it might even fall below 10 billion.

Due to the unclear market conditions at the moment, it was not a good time for him to borrow money to buy into NVIDIA; even if he wanted to, Cathy and others would advise him against it.

After some thought, he decided to repay the bank with his winnings first.

After taxes, his income was about 56 million, and his debt to the bank had been reduced from 360 million to 310 million.

As for borrowing to buy NVIDIA shares, he decided to wait and see. As long as NVIDIA's market value did not exceed 20 billion, it was a good opportunity to enter.

"Link, stop playing the stock market. My dad says it's better to gamble or do drugs than to touch stocks, no matter how much money you have. When you go to Wall Street, they'll make sure you lose every penny. It's safest to just focus on making movies, where the worst you can do is lose tens of millions."

On the deck of the yacht, David Ellison said, holding a champagne glass.

"You've got a point. The stock market is indeed risky; a couple of hundred million can disappear in the blink of an eye."

Link said with a light laugh.

This time NVIDIA's stock indeed cost him a loss of over a hundred million US Dollars, and he was still incurring losses; the market value of his 5.3% holding in NVIDIA had dropped to just over 500 million.

But this wasn't entirely a bad thing. The falling share price of NVIDIA also gave him more opportunities to buy in. After making money in the second half of the year, he would be able to purchase additional NVIDIA shares.

"Link, are you now completely handing over Lionsgate Films to Ivanka to manage?"

Megan Ellison asked.

"Yes, she does a better job than I would. If I were managing Lionsgate, it would probably go bankrupt, but I'll still oversee some of the film investment work. If there's a suitable project, we can collaborate."

Link said, swirling his champagne glass.

"Hey, Link, David, Megan, welcome to my party."

While they were talking, Ryan Cavano, the CEO of Relativity Media, approached the three with open arms on the deck's passageway and greeted them with great enthusiasm.

This was a luxurious three-story yacht on the coast of the Pacific Ocean, with a clear blue sky devoid of any clouds, and the sea was an endless expanse of blue, with only a few protruding reefs in the distance indicating that the Pacific Ocean coast was not far off.

On the sea surface, a white yacht over fifty meters long was cruising around, and on it was currently being held a celebration party for the movie "The Neverending."

Produced by Relativity Media with an investment of 23 million, it premiered in mid-March and the current global box office had exceeded 100 million US Dollars, making it a box-office hit.

Ryan Cavano, the owner of Relativity Media, had a habit of inviting collaborators and industry investors to a party every time one of his films surpassed 100 million USD in box office revenue.

It served both to court partners,

and to reassure investors, preparing for the financing of the next project.

Link and the Ellison siblings were among the invited guests.

"Ryan, congratulations. Several films from Relativity Media have performed well at the box office this year, and there's a chance you might even surpass Paramount and 20th Century Fox in annual box office totals."

David Ellison said with a smile.

Link and Megan Ellison also congratulated him; at the beginning of the year and the end of the previous year, Relativity Media released six movies, including "The Spy Next Door," "Battle: Los Angeles," "The Season of the Witch," "The Neverending," and so far, four movies had reached a global box office of over a hundred million.-------------