The future of the New York stock market

New York’s population is 8.33 million.

Although it has a smaller official population than Seoul, the city is bustling with travelers and office workers commuting from neighboring states.

United Nations Headquarters, New York Stock Exchange, Empire State Building, Metropolitan Museum, Lincoln Center and more.

It was the world’s economic center and had a skyline made up of high-rise buildings.

A city of culture where you can see famous architecture and see plays, musicals and variety shows in Broadway’s 100-year-old theater.

It was a city where art and passion bloomed with world-famous art colleges.

“It’s really free.”

“It’s the first sight I’ve ever seen.”

I arrived in New York on a private plane and was walking through Manhattan.

Compared to the last time I came to New York, it felt like less than 10% of people were walking around.

This is probably because tourists from all over the world are not coming, and entry from Europe in particular has been suspended.

‘It’s a strange feeling in the quiet streets of New York.’

The first private plane I rode in New York was more disappointing than I thought.

Jason made a reservation and used the private jet rental service.

San Francisco to New York.

The latest model of Gulfstream, which is mainly used by businessmen and celebrities in Hollywood.

It was nice not to have to move around with other passengers, but it felt uncomfortable because it was smaller than the plane I usually ride.

‘It just looks dangerous. Are you doing the maintenance properly?’

It’s a pity that you can’t use the comfort of the first class or the service of the flight attendants.

Come to think of it, there were times when I traveled and rode a train in India with more than 100 people in one car.

I think I felt a sense of liberation the moment I got on and off for 3 hours.

* * *

Luxury apartment in Manhattan.

It was Ellie’s house, where she stayed for several days whenever she stopped by in New York from her travels.

I rang the bell, and after a while the door opened.

Ellie’s blue eyes looked at me.

“god? Aren’t you busy doing business in Silicon Valley? I really didn’t expect to come this far!”

“This is it, what. First unpack.”

I put down the heavy food ingredients I had been shopping in San Francisco.

“Did you eat?”

“I have no appetite. Simple oatmeal today?”

“I’ll start cooking.”

While traveling, I came to know her appetite to some extent. It eats pretty much any food, including crocodiles.

Grilled steak and made a simple salad.

The YouTube filming team did not follow New York, and the bodyguards stayed at a nearby hotel and were alone.

“Are you tired of working?”

“It is difficult, but it is rewarding to grow little by little. When you become a manager, the amount of budget you handle increases, and the level of customers increases.”

“Awesome.”

“You are more amazing. I never thought I would become an entrepreneur in an instant.”

“I didn’t know either.”

I thought about living by investing a lot of money here and there.

Even if you do business, it’s about an investment company.

Korea’s Dream Art Rainbow was also made with the feeling of investing in content and also producing it.

I never thought I would start a full-scale business in Silicon Valley. Even the business was growing tremendously.

“You don’t do media interviews often, do you?”

“I have received quite a few calls to meet. But it feels like I’m repeating the same story over and over again.”

“As Earth Resources becomes famous, they will be frequently exposed to the media.”

“Perhaps.”

business, hobbies.

It became a night while talking about life in New York and Corona.

When I was sleeping, I was lying on the guest bed and she came in in her nightgown.

“sleep?”

She always came to the room for some reason.

Did you ask to watch Netflix together last time?

“I’m not sleeping yet.”

“I’m here to find a cat.”

“cat?”

Are you raising a cat while you haven’t seen it in the meantime?

She burrowed into the bed and whispered in my ear.

“Meow.”

* * *

Early moning.

I was going to make toast like Lee Jong-yeop did.

Ellie was reading American and European newspapers on her tablet and working by accessing her company account on her computer.

The night and morning were completely different.

“woke up?”

“yes. You work early.”

“sure. There is a lot to see.”

From oil prices to exchange rates, interest rates, raw materials such as copper and lead, and agricultural products such as corn and sugar, we check each and every one.

It grasps stock market trends, politics, and even the situation regarding the corona in various countries.

‘You’re really eager.’

While admiring her efforts, Ellie smiled.

“My returns this year are messed up.”

“The New York stock market was a mess because of the corona. Everyone must be at a loss.”

“I’m minus 21%.”

“… … .”

I tried to warmly comfort him, but I was at a loss for words.

If you invest directly and get that much negative return, you understand.

But how would customers feel if the money entrusted to the investment bank went down by 21%?

‘It’s a familiar situation in Korea.’

It reminded me of a fund that was ambitiously launched by a Korean securities company.

When I was in college, I became interested in funds because deposits alone were not enough for the money I earned from part-time jobs.

Insight Fund.

As the securities company said, invest anywhere in the world that makes money.

Those words gave rise to great faith and anticipation.

‘If I steadily put money into the fund and generate a rate of return, I’ll be able to buy a house and a car someday.’

I was very interested, but I couldn’t invest because paying off student loans was my priority.

‘I have to earn money quickly and invest.’

However, the insight fund was cut in half within a year.

They said that they would invest anywhere that could make money, but in reality, they went to hell by hitting a hole in China.

It was an opportunity that made me not trust Korean securities companies, but Ellie was doing that on Wall Street.

What would it be like if an office worker believed in and invested 100 million won, but suffered a loss of 21 million won?

“A minus 21% is a bit… … It’s serious.”

“Yes? Other managers still lose about 10%, but I was completely ruined. God has great returns this year, right?”

“I sold stock. That’s pretty much everything I earned from put options this year.”

“Did you sell most of your stock?”

“yes. I disposed of it when I bought the put option.”

“Wow.”

Ellie was admiring with sparkling eyes.

It’s like looking at a successful investment professional.

I never thought I would get this kind of attention from a Wall Street financier.

“Kim Shin is really good at investing.”

“Lucky. What.”

“I really envy you.”

* * *

For three days, I cooked at Ellie’s house, ate well and rested.

New York, a mega city where over 8 million people live.

The corona situation was getting worse, so there were not many people walking around on the streets.

‘It’s a strange feeling. It’s completely different from before.’

The feeling of staying in a city in disaster.

I didn’t go out except to buy groceries.

Bodyguards and masks were essential even when walking around the streets.

―Kim Shin: How is the company?

―Myungwoo Oh: It works perfectly! Shall we post a detailed report?

-Kim Shin: No. You must be busy, but you don’t have to.

Even without me in Silicon Valley, Earth Resources was doing well.

―Vice President Jeong Beom-tae: We are actively investing in movies and dramas. Meetings are easy thanks to the reputation of the representative.

My business in Korea went well, so I had a good rest.

Ellie had to work quite a lot of hours in the morning.

It’s called working from home, but it’s a time when the stock market fluctuates.

It’s plummeting because of the corona, the US administration and the Fed boldly step out in financial support, lower interest rates and skyrocket.

Still, the New York stock market as a whole was crashing.

“It is said that the first quarter of the year was the worst in the history of the New York stock market.”

“okay? The market is not good, so there is nothing we can do about it.”

“Phew. You will see a lot of losses in the second quarter as well. It might be better to sell all stocks and take a break this year.”

The fear index was soaring to an all-time high, and market participants were suffering terrifying losses.

A colleague in the minus 10% range overtook him with an additional loss of 5% or more in one day.

“What do you think the stock market will look like in the future?”

Inadvertently, Ellie asked, but it was not a question that could be answered easily.

“Well… … Can I talk to you in the evening?”

“I was just asking lightly.”

“I still think I need to think about something.”

“yes. I see.”

I sat on a chair by the window and looked down at the view of Manhattan.

In the meantime, I had to meet new employees almost every day because of the business.

Hanging out with Oh Myung-woo, Lee Jong-yeop and YouTube shooting continued.

I couldn’t afford to pay attention to many things, but I had time to think calmly in New York.

‘What will the stock market look like in the future?’

I bought a put option in anticipation of a massive spread of corona infections.

It hit the jackpot of 10.5 billion dollars in one week.

‘That became my confidence.’

In society, money was confidence.

In my case, since I was in elementary school, I had no money, so I lived a life far from confidence.

I would say that I regained some confidence while attending Arkor.

I made $10.5 billion, and I had great confidence in doing business in Silicon Valley.

‘I’m short of money.’

It’s a thought that many people have no choice but to throw stones at when they hear it, but I actually felt that way.

I wonder if the total assets you have now are about 18 billion dollars.

Rich people say they don’t know how much money they have, and it was hard to remember exactly as they said.

There is an amount of money invested in startup companies by splitting them up here and there.

In addition, emergency paper companies and earth resources have also become important assets.

$18 billion was a staggering amount. I thought for a while that I might have become the richest man in Korea.

However, with the power of that money, even a core affiliate of a Korean conglomerate cannot be acquired.

Not only does the market capitalization reach at least trillions of won, but the stock price will skyrocket when you start acquiring shares.

The limits of cash wealth.

You can buy some luxuries, but it’s hard to buy a company.

If calculated in terms of power and influence, they were inferior to Korean entrepreneurs.

‘If I had tens of billions of dollars, I think I could live doing more of what I want.’

I didn’t have expert knowledge about investing, but I’ve always won so far.

Bitcoin, Ripple, Put Options.

Investments made boldly in anticipation of the future have been a great success.

sense and luck.

Maybe it’s because everything fits… … .

‘Corona is the key right now.’

Fear was spreading out of control in the stock market due to the spread of Corona.

If the put option had been left unclosed, it would have generated even greater returns.

It is said that the first quarter of last year, the month of March, was the worst in the history of the New York Stock Exchange.

Although I made a profit because I couldn’t afford $10.5 billion even with my mentality trained with Bitcoin and Ripple.

‘Corona’s fatality rate is not that high.’

Moreover, I was the one who knew the news about the corona vaccine.

Biolife has succeeded in developing a vaccine.

There may be side effects or lack of effectiveness, but doesn’t that mean that other pharmaceutical companies can also make vaccines?

mRNA.

‘Dr. Lee Ho-yeon said that large pharmaceutical companies would succeed in developing a vaccine sooner or later by injecting protein conversion information into the human body.’

He said that the vaccine could have mild side effects.

If the human body cannot accept it, severe side effects may occur in rare cases.

Spike protein with excellent stability in Biolife. The vaccine was made by recombinant protein.

‘Whether the answer is right, a vaccine will come out in a few months. Much sooner than expected by the media or experts.’

Although the media predicts a few years, the advent of artificial intelligence has acted as a huge variable in vaccine development.

Biolife started early, and although there is Dr. Lee Ho-yeon, other pharmaceutical companies can catch up within a few months.

‘If a vaccine comes out, can’t the stock market have hope anyway?’

It was a stock market where people were seized with extreme terror and dragged down cellars and cellars.

If there was hope, the stock market could have rebounded sharply.

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