Buying the Bottom of PepsiCo

President Hoover's inauguration was tremendous good news in the eyes of the Americans. Large numbers of Americans placed their hopes in President Hoover, believing he could lead the United States out of the economic crisis and let Americans live prosperous, affluent lives once more.

Regardless of what the Americans thought, Arthur was pleased to see President Hoover take office.

Setting aside President Hoover's reputation and achievements in history, the mere fact that President Hoover continued President Coolidge's laissez-faire economic policies was enough for Arthur to give him a thumbs-up.

The collapse of the American stock market had not happened overnight. Logically speaking, the government should already have taken measures to control or rescue the stock market.

But that damn laissez-faire economic policy meant the US Government offered little rescue or regulation for the stock market, and all kinds of chaos unfolded there.

There was no need to mention the bankruptcies of small and medium-sized enterprises. At the same time, large companies with ample capital went on a frenzied buying spree at rock-bottom prices, taking the opportunity to establish absolute monopolies in their respective industries.

Many industry giants were born during this period of history, all of them the result of large-scale capital swallowing up small-scale capital.

Since President Hoover was still maintaining his laissez-faire economic policy, Arthur naturally would not hold back either. He immediately launched a massive bargain-hunting operation.

Previously, they had been afraid that bargain hunting would attract the Americans' attention. But now, the Americans were no longer focused on the stock market, making it the perfect time to buy at rock-bottom prices.

However, to avoid attracting attention, Australasia's bargain hunting would be split among various forces, with acquisitions carried out through many different channels.

February 23, 1927. Virginia, United States.

Frank got out of the car and