Fame on Wall Street

$12 billion budget investing in US stocks.

‘I don’t think all the stocks I bought will go to ruin.’

As the New York stock market has fallen a lot in the meantime, we have selected companies that are outstanding in many ways.

A company that showed steady growth, a company that was in the black, a company with a lot of assets, and a company with technology in the field.

‘Is it the timing to pick up?’

When the market is down, there is an opportunity to buy good companies at a low price.

Although it takes courage to catch the falling blade.

“Coming to think of it, it doesn’t sound like a bad attempt.”

“What are you talking about?”

Ellie made toast today.

Breakfast was simple fruits and scrambled eggs.

“If I buy the stock at this point, I think it will definitely rise someday.”

“okay?”

“I think the drop is too much. And the stocks you bought. IT companies have escaped the effects of Corona to some extent.”

Stocks that have become undervalued as the New York stock market crashed.

Such stocks were swept well with a huge investment of $12 billion.

“The manager will organize the portfolio by tomorrow.”

“okay.”

Regarding call options, JP Morgan was the broker, and several financial institutions on Wall Street composed products.

If the stock price rises, the seller of the call option suffers a significant loss.

Conversely, if it goes down, it will be 0 won.

“It is a very risky investment that only looks at profitability.”

“know.”

If your investment fails, won’t you be remembered as a rich man or an idiot?

As a way to relieve tension… … .

I looked at Ellie, who was wearing jeans and a T-shirt.

She was manipulating a computer with a slim and attractive body.

Looking at Ellie, I felt a lot about whether beautiful legs are this beautiful.

“Why, why?”

“I have a favor.”

“What request? I understand how you feel. tell me anything.”

“Can I use the computer for two hours?”

Ellie’s computer. After occupying the desktop, I sent a text message to Myung-Woo Oh.

―Kim Shin: Is it possible to connect?

―Myungwoo Oh: Call! Go in 2 minutes.

I was able to release my stress by playing ranked games.

* * *

―My name is Choi Jae-bok, who is in charge of general manager at JP Morgan.

“This is Kim Shin. You must be Korean.”

―When I was in high school, my whole family immigrated.

The next day, the general manager of Ellie’s company, beyond the manager and director, who were seniors, contacted her directly.

―You have finished configuring the product you mentioned.

“Then I will visit you in the afternoon to sign a contract.”

I couldn’t meet her at Ellie’s house, so I went directly to JP Morgan.

Conference room on the 26th floor.

8 staff members along with the general manager were waiting to greet me.

“welcome. Did you have any trouble getting here?”

“It was fine.”

The meeting room was equipped with luxurious refreshments and coffee.

“Thank you for coming in person.”

“I wanted to see JP Morgan. I didn’t expect the general manager to greet me personally.”

“haha. It is an honor that we could meet.”

They treated me like a VIP at the world’s best investment bank.

When I was working at Arcor, I looked at the VIP rooms and Premier rooms at commercial bank branches and wondered what kind of people would use those places.

I heard that it is a window used by people who have achieved more than several hundred million won or affiliate card usage conditions with bank deposits.

If you become a Premier member, you will receive a preferential exchange rate, a personal safe, and even a very small additional interest rate.

There was a time when I was very envious of that alone, but I never thought I would be treated like a VIP on Wall Street.

Of course, even world-class financial institutions could not ignore the $500 million option trade.

“This is a list of the products you mentioned earlier. Financial institutions in New York, Chicago, and London diversified because the amount was too large for JPMorgan alone to digest.”

The names of large financial institutions that I usually heard about, such as Goldman Sachs, Lazard, Merrill Lynch, Deutsche Bank, and Barclays, came out.

Financial institutions can be eaten whole if stock prices do not rise, but huge losses will occur if the situation reverses.

After various calculations on risk and return, each company has created a set number of options.

Lawyers in New York worked together to review the product listings and contracts.

“The composition of the products seems to be correct.”

“yes. If there is no objection, please sign.”

I picked up the pen the general manager gave me.

From the touch to the writing, it was a very luxurious feeling.

This is why I wonder if there are people who are enthusiastic about writing tools.

“It’s a great pen.”

“I’ll give it to you if you need it.”

It seemed like I had seen these scenes of meeting financial institutions in a conference room and signing contracts.

big short.

It was a movie about investors who foresaw a financial crisis and robbed large financial institutions.

‘If this investment succeeds, will it be made into a movie?’

I feel like there’s too much content to make into a movie.

Anyway, I think this pen will be a good souvenir when that time comes.

After investing 500 million dollars, what is left is a pen or more than billions of dollars.

“Then I’ll be fine.”

“I heard a lot about options investing last time. You say you do business in Silicon Valley.”

“is that so?”

“Because Shin Kim is a celebrity on Wall Street. We hope that you will feel free to visit us anytime, and we hope that you will use JP Morgan a lot in the future. You can open the product you want at any time.”

General manager Choi Jae-bok.

He took my hand and bowed politely.

A greeting that respects Asian culture.

To be honest, I didn’t say hello to doctors like that when I was doing business at Arcor.

I never expected to be greeted like this in New York.

“See you next time.”

Choi Jae-bok and his subordinates went to the first floor of the building to see them off.

Having lived as a salesperson, I wasn’t stupid enough to think that this was pure courtesy.

Since sales is showing favor, it is an efficient method compared to time and effort.

‘It would be an honor if the rank of vice president took me to the lobby.’

Losing half a billion won’t change the fact that I’m super-rich.

The next time you come to JP Morgan, you will be treated well, but whether you will gnaw your teeth or see it as a protection.

I thought it would be fun to watch.

* * *

“I’d like a hamburger, please.”

streets of manhattan.

I bought a hamburger and lunchbox steak from a truck on the roadside to fill my stomach.

‘When I saw the movie, I really wanted to try this.’

Is it a romance of its own?

I had eaten there before on a trip to New York, but it was best to eat in a suit like now.

Feeling like a New Yorker.

You can buy a house here if you want and be a New Yorker whenever you want.

‘I don’t think I have any idea where to settle down and live.’

New York is a city that best fits the term of a melting pot of races.

That is why there was a charm in which various cultures and passions coexisted.

wandering life.

When I was bored, I looked at Arkor’s group chat room.

―Na Sang-guk: The person who makes money when stocks go up is Ha-su. A true master doesn’t lose money in a bear market. Masters of the celestial realm earn a lot of money.

―Go Bo-kyung: Awesome! My boss is the best!

―Lee Min-young: I respect you… … .

―Park Hwa-young: I think I can live in a house like this!

‘What’s going on?’

When I looked up the group chat room, Na Sang-guk told me to invest in put options.

That was when my investment in put options came out on YouTube.

―Na Sang-guk: Do you know what the current situation is?

―Park Hwa-young: What is it! What!

―Na Sang-guk: Even if the sky collapses, there is a corner to make money.

―Na Sang-guk: We are people who buy puts for tomorrow.

―Park Hwa-young: Just! membrane! Excited. That’s why you invest in stocks.

―Na Sang-guk: It’s not just an investment. It’s a high-risk derivative.

It was nice to see the people of Arkor having fun.

Seeing that Na Sang-guk earned 400 million won, I was also engulfed in a strange feeling.

‘I can be happy with 400 million.’

It was only two and a half years ago that I was happy and anxious because I had risen to 2 billion or 3 billion a day with bitcoin.

How can a person’s life change like this?

I was sitting on a bench with a smile when Jason, the bodyguard, said.

“Boss, you seem to be having fun.”

“Do you see that?”

“Yes. It seems to have a similar expression to when relaxing in a hot spring in Mexico.”

“It was really cool.”

It is not very desirable to meddle with investments. Nevertheless, they were members of Arkor’s family.

I may have something to meet again, but I still think I’ll see my face at work for the rest of my life.

After thinking about it, I threw a light greeting in the group chat room.

―Kim Shin: Hello.

―Park Hwa-young: ?????

―Bokyung Ko: Wow! Seniors! It’s been a really long time!

―Lee Min-young: Manager Kim! I missed you so much. I watch YouTube every day. I don’t think many people call me Assistant Manager Kim anymore, but it’s a very friendly title for me.

―Choi Young-in: Hello, senior! This is a new employee who joined this year!!!

―Jung Chan-soo: Legendary legend senior is coming! I am an employee who runs sales in Daegu. I joined the company the year my senior quit.

―Kim Iseul: It’s been a while!

I write a light greeting, and in 5 or 6 seconds, everyone seems to greet me fiercely.

more than a dozen people.

There were quite a few names I had never seen before.

―Kim Shin: Nice to meet you all.

After a rough exchange of greetings from several employees.

―Kim Shin: I am not a god of investment either. There is no guarantee that your investment will always be successful.

―Park Hwa-young: What are you talking about! You are already the best investor in Asia!!!

―Kim Shin: Anyway, the drop so far has been exaggerated, and personally, I am cautiously predicting that the stock price will rise sooner or later.

―Bokyung Ko: A stock price increase?

―Lee Min-young: Are stocks going up? They say everyone is falling because of Corona?

―Kim Shin: I think I can go up. I bought a stock and also bought a call option. But I could be wrong, so just refer to it lightly, and invest with care.

―Kim Shin: You never know when and how the stock market will change.

The reason I wrote in the chatroom was to give advice at the level I knew anyway.

To be honest, I felt a little regret after leaving a message.

Because it can be seen as useless or meddling.

‘What… … In the yard that 500 million dollars could be zero won.’

Everyone knows how to invest well.

* * *

Rumors began to spread on Wall Street.

―Kim Shin invested a huge amount in the call.

-500 million dollars. I bet an amount I couldn’t ignore.

– Began to buy stock in JP Morgan.

Many financiers knew Kim Shin’s name.

The myth of his success spread widely among young financiers, and hedge funds took particular interest.

And we talked about what kind of investment we were making.

“Do you think the recent decline was exaggerated?”

“Even New York alone is having a big impact on the American economy.”

“Kim Shin is also in New York. He said he came directly to JP Morgan.”

“Five. I want to meet and talk with that Kim Shin.”

New York hotel bar.

The hedge fund managers, dressed in high-end suits, talked quietly.

“Anyway, the unemployment rate is rising in the service sector and it is difficult for the US to prevent a recession.”

“That’s why the stock price went down. Conversely, if it starts to rise, the aftermath will be great.”

“JP Morgan and a few other companies started buying stock.”

“Is it the effect of a call option?”

“maybe. If anything, they probably buy stocks to prevent losses when the call option is triggered.”

Michael Bury.

The manager of a multibillion-dollar hedge fund saw corona as an opportunity.

All events that occur during the management of the fund affect the stock price.

‘It’s Kim Shin… … .’

On Wall Street, which has recently been in turmoil, a fight for notice was in full swing.

Look at the notice of the US government, look at the notice of the Federal Reserve System.

If you predict which way the stock price will move and stay one step ahead, you have a chance to make big money.

“There is a force that buys more than 5% of Tesla stock.”

“okay?”

“I thought the source of the money was Kim Shin.”

“It’s a pretty big investment.”

Kim Shin’s name quickly spread among hedge funds.

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