still thrilling

―Ellie: Our one-week profit exceeded $28.8 billion.

Every time I earned money, I was thrilled.

You won’t be able to use it all because you have a lot of property, but the mental satisfaction will grow endlessly.

While hanging out with Jo Soo-ah in Korea and resting in an air-conditioned apartment, a huge amount of wealth increased on the New York stock market.

My hands are shaking because it’s been a long time since I’ve been in a big investment, but I sent a text message pretending to be calm on purpose.

-Kim Shin: Hmm. okay.

―Ellie: The profits are really huge.

Will there come a day when we get used to 28.8 billion dollars?

Amount that can be earned only in the financial market. Of course, there was a risk of losing it at any time.

―Ellie: The profits are huge, will we continue as planned?

Aggressive short selling and buying put options.

Given the rise in the stock price last year and this year, it hasn’t even fallen yet.

―Kim Shin: Go ahead.

I sent a text message while trembling on the inside but calm on the outside.

* * *

―Oh Myeong-woo: Nothing special here.

―Oh Myung-woo: Actually, there is something special. Although there were box office hits in the game section of the Earth Channel.

While in Korea, Earth Resources was running well.

As people are mistaken, my presence as a representative is not a strong company.

―Kim Shin: I will be in Korea for a few more days.

―Oh Myeong-woo: Are you trying to make me work again?

―Kim Shin: You can look forward to incentives at the end of this year.

―Oh Myeong-woo: It must be too much money to refuse. I get it.

While in Korea, I decided to think about the Earth Car project. Without the cooperation of Future Automobile, it was difficult from the start of the business.

“Brother, how about a BMW or a Mercedes-Benz?”

It was Lee Jong-yeop’s proposal at an apartment in Hannam-dong.

Earth Resource doesn’t even have a team dedicated to automobiles, so the two of us were coming up with a lot of ideas.

“Not bad. But will they cooperate?”

“If it’s the value of my older brother’s name, I’ll be able to try it. You will never be able to ignore it either. And you can also push for a way to buy stocks.”

It was enough to meet the president of any company if he contacted me.

Even if it wasn’t a hostile takeover, if you owned about 10% of the stock, the conversation with the management could go well.

It is a method that can be used for future cars, but it could be rather dangerous.

Since Chairman Jin Myung-il did not have many shares, there was a high possibility that it would be perceived as an attack aimed at gaining management rights.

“Let’s take a ride in a BMW or a Mercedes and decide.”

Electric cars of both brands are hard to find by renting a car, so I bought them at a used car store.

I’ve ridden evenly from Hannam-dong to Jongno, Gangnam, and Incheon airport, but there was no feeling that it was better than Future Car.

“The driving range is shorter than future cars.”

“Yes, even though the price is much higher.”

“Because it is BMW or Benz, electric cars are not luxurious. I don’t feel any great options or skill gaps.”

Even the ride comfort is bad.

The car of the future was producing decent quality electric cars at affordable prices.

Surprisingly, compared to European automakers, Future Auto was able to evaluate that it makes cars better.

〈Kim Shin drives Mercedes and BMW electric cars in Korea〉

〈Signal of Shin Kim’s investment in automobile companies?〉

〈Future cars, BMW, Mercedes stock prices rise one after another〉

Not only Korean media, but also overseas media outlets were interested in what kind of car I was driving and published an article.

I deliberately bought it at a used car store, so of course there is no choice but to stand out.

―Vice Chairman Seon Jae-yong: It seems that negotiations with Future Motors did not go well.

―Kim Shin: Yes, it’s a bit difficult.

The saying that a smartphone with wheels is a car may have stimulated Chairman Jin Myeong-il.

But I didn’t think things just went wrong emotionally.

Fundamentally, it was a proposal to put out all the core of future automobiles, so it is not easy for a company owner to accept.

―Vice Chairman Seon Jae-yong: You are not going to give up on the electric car project just because future cars won’t do it, right?

It was a pity to give up here.

Car companies don’t necessarily have future cars.

―Kim Shin: Yes, we will continue to pursue it.

―Vice Chairman Seon Jae-yong: If the CEO allows it, I will meet the DK and LK presidents.

―Kim Shin: The vice president himself?

―Vice President Seon Jae-yong: Yes, they will be happy to join Earth Resource’s electric vehicle project.

They were manufacturers of car batteries and electrical equipment, so there was no reason not to join them.

The relationship between the two companies was also good.

―Vice Chairman Seon Jae-yong: Since we have to hand over the minimum stake while pushing and pulling, in that respect, it would be better for me and the opposite sex group to lead the negotiations.

Rеаd at ոоbӏеmtӏ.соm

Vice Chairman Seon Jae-yong is quite active.

‘Does the auto industry want to do that?’

I didn’t plan on joining the Lee Seong group in the electric car project. A movement to try to intervene somehow.

It looks a little out of shape, but it could be quite a big help.

―Kim Shin: Yes, then I will leave negotiations with DK and LK.

―Vice President Seon Jae-yong: We will proceed with interim reports.

If there were no automobile companies in Korea to advance the electric car business, they had to look abroad.

USA, Germany, Japan.

Many companies exist, but it was difficult to propose cooperation.

“GM and Ford are not without money. Automotive technology is also surprisingly considerable.”

Companies that have not been able to make a vehicle that sells well, but have a lot of source technology necessary for vehicle development.

“Volkswagen is pushing its own electric car industry in a big way.”

Japan was an automobile powerhouse until about 10 years ago. However, in the field of electric cars, the movement was very slow.

Its technological prowess was also evaluated as being behind compared to other companies.

“As expected, it is a future car.”

“Seeing this, the only company to cooperate with is Future Cars.”

There are Chinese car makers, but they are excluded from the beginning.

It is said that they make electric cars as well as they do, but China has a bad relationship with me.

Collaborating with a Chinese company could result in opposition from the government, and could result in huge losses after being stabbed in the back.

―Jin Yu-gyeong: I heard what happened. Sounds like a good business proposition, but my father is saying the exact opposite.

-Kim Shin: That’s right. I can’t help it.

From what I heard through Jin Yoo-gyeong, it seemed that I was in a state where I couldn’t persuade Chairman Jin Myeong-il.

It is also an understandable part.

There are things in the world that money can’t do.

It would have been regrettable to present all the technology and know-how of the automobile company accumulated over decades.

‘I wonder if I was a bit shameless… … .’

It was a time when I was passing the time without doing anything.

〈New York Stock Market Falls Amid Inflation Concerns〉

〈Global investment banks start to realize profits. Growth stock sales surge>

〈Chinese real estate company Hengda, highly likely to fail to repay debt〉

The New York stock market fluctuated and fell overall.

‘I don’t feel bad sitting down and making money.’

Ellie ran a team at JPMorgan and was emailing over 400 reports a day, analysis of asset management and economic forecasts.

* * *

Journalists based in New York recently got the news.

‘Kim Shin started investing again.’

‘This time, you bet on a decline when the stock price is hitting an all-time high?’

It was a stock investment by Kim Shin, who was popular with the public.

When I first encountered it, I thought I could write an article based on gossip, but I changed my mind while covering it.

“Does the projected investment exceed $100 billion?”

“All-round short selling? A put option?”

“Investment banks refused to issue put options?”

global investment banks.

Companies with headquarters or branches in New York recorded huge surpluses every year in the financial markets.

Rather than making and selling hard stuff, I make more money by filling out a few paperwork.

Investment banks so greedy that there was a movement to conquer Wall Street during the financial crisis.

It is said that many investment banks refused to directly create put options for Shin Kim.

“Investment banks seem to be holding back.”

“Are you buying yourself?”

“It must be because Kim Shin robbed him of so much money.”

It was following in the footsteps of JP Morgan and Goldman Sachs, which gave up commission income last year.

After the corona, the New York Stock Exchange has more trading volume in derivatives than spot trading, so there is no major obstacle to buying put options.

Nevertheless, in the case of large trades, it was common for investment banks to issue options directly.

“It’s the first time I’ve seen investment banks try not to make money.”

“Kim Shin’s power is no joke.”

“Betting well over $100 billion. There is even talk of over $200 billion in operating funds.”

“Is the story that half of Tesla’s short sellers are Kim Shin true?”

“How far is it real?”

Reporters were terrified during their coverage.

As a journalist, I could guess the ripple effect of publishing an article, which could shock the stock market.

* * *

〈Kim Shin, investing in the fall of the New York stock market〉

My article appeared in the New York Times.

And follow-up reports.

〈Kim Shin bought put options when everyone else was buying stocks〉

〈Over $30 Billion in Profits in 10 Days〉

〈Midas’s Hand Shin Kim Starts Activity〉

Wall Street Journal, USA Today, New York Post and more.

Articles from various media outlets became a hot topic in Korea as well.

―Thirty billion dollars in ten days?

―If you are Kim Shin, you can earn 30 billion won. What? is it a dollar?

―Is the bear market finally coming?

―It seems Kim Shin-hyung invested in timing.

―Coordinates confirmed!

– Gazua! Short this time!

―Hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha] I laughed because of the controversy that happened a few days ago.

-argument?

-yes. You said Kim Shin-hyung would invest 50 billion dollars in the US.

-I did.

―It is said that you have a lot of property, but if you invest 50 billion dollars and lose money, there is a controversy in the community that it will be ruined in an instant.

―You used to worry about celebrities, but now even the super-rich worry about it hahaha

―Elon Musk only owns Tesla. Earth Resources is not even listed. In fact, Koreans are even worried about the world’s number one bankruptcy.

―If it’s $30 billion, it’s no joke.

―The movie ‘God of Investment’ is airing soon, and the timing is perfect.

-Life is a movie.

―It seems difficult to finish with a trilogy, so you have to keep making the 4th and 5th parts.

The profits from the New York Stock Exchange became an article, and the Internet heated up.

* * *

There was a person who kicked off the covers when he saw an article about Kim Shin earning over 30 billion dollars.

Kim Sang-ki, who is in charge of the team leader.

“Ah, why did I do that?”

While watching the game, I wanted to brag to Kim Shin in a small way.

“God, there you are. Do you know what my return on investment will be this year?”

“How much?”

“150%. It’s the profit I made by switching growth stocks on the NASDAQ.”

It was a rate of return worth bragging about.

I invested 500 million won and earned 750 million won, so whenever I meet people, my mouth itches so I bring up the story.

Shin Kim smiled and encouraged me saying that I was good at investing, but it turned out that I had to kick the blanket.

―Kim Sang-gi: Shin-ah. Are you sure you made over $30 billion on articles?

Eventually, I couldn’t stand it and texted him.

When I was in the US, I didn’t check my text messages often, but this time I got a reply right away.

-Kim Shin: Yes.

―Kim Sang-gi: Really?

―Kim Shin: That would be about right.

―Kim Sang-gi: Roughly?

―Kim Shin: I don’t know the exact amount because I didn’t check it.

“… … .”

It reminded me of the memory of investing in NASDAQ and checking every hour after waking up at night.

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