Chapter 492 – Gaining Size
Yeouido.
This is the place in Korea where the cold is escaping the fastest.
Haha~
This is because the stock market is rising.
You must fully receive the benefits.
Incentives rise.
It becomes easier to get results.
The mind becomes much lighter.
“Are you still smoking?”
“But I still have to smoke.”
“You’ve got to think about your health, kid.”
“Kkeuk.”
I smoke when the stock market is good and when it’s bad.
It is the only pleasure for office workers.
The way it blooms varies.
You are not biting to soothe your burning stomach.
Ppook!
Do not suck.
I suck on a little bit and calmly taste the smoke.
It is released in the form of a donut.
I am enjoying it purely as a luxury item.
‘This is happiness, is there really anything to it?’
In a way, it’s natural.
That is not the case here in the stock market.
There are times when you die.
It is eaten away mentally, not physically.
“I’m fine because I eat red ginseng.”
“Is it genuine?”
“Carrot pattaj. How much incentive do I have this month?”
Fund manager Ahn Cheon-soo enjoys his leisure time.
Until just three months ago.
‘I thought my real life was set in stone.’
When stocks are bad?
Riding water is the same as an ant or an organ.
It’s just a little more professional.
We look at various indicators and analyze them technically.
Phew~
When the memory of that time comes to mind, I press my lips without realizing it.
I suck it and put it on.
It was truly to die for.
I couldn’t stay sane if I didn’t absorb nicotine.
“You don’t know how lucky I am to survive.”
“Yes.”
“Yeouido is in such a mess because of that bastard.”
Yeouido was turned upside down.
The entire street was stale with the sighs and cigarette smoke of securities company officials.
Layoffs poured in.
It was common to find office workers carrying boxes.
‘There was no fear like that.’
There was a rebound.
It was only natural that it had plummeted so much and the government had poured money into it.
Consequence theory.
It’s a different story in the stock market, where the destruction of the world can be seen in numbers.
Gulp!
Buy low?
After checking about three times that there is a basement under the floor, I don’t even think about it.
I just ask you to get your money’s worth.
I rode the water again, and again, and prayed to the sky.
“If I was a plumber like that guy, I would have graduated right away.”
“Oh my gosh. It’s just luck.”
On the other hand, there are people who make a lot of money.
Profit and loss account.
There is no one in Yeouido who does not know those three letters.
『CW Securities』
I actually opened a securities company.
In a way, it is like taking a legendary step.
Wow!
Unless the money is your own.
They lost as much as that child earned.
It is impossible not to know that fact.
Just looking at it makes my teeth grind.
“That crazy guy is the reason why the storm is blowing. This great boom.”
“Dozens of us were cut off too.”
“How many hundreds of people have been harmed…”
Put option purchased by P&L.
It messed up the already unstable stock market.
After that, I did all sorts of things.
Appeared on TV and shook the market.
‘He’s a bastard with no morals.’
Crazy volatility.
There are many people in the industry whose performance has been ruined as a result.
There are hundreds of people excluding desks.
Securities companies also suffered astronomical damage.
“Those guys are just lucky. In this world, the people who consistently achieve results are the ones with real talent.”
“Like Director Seunghyun Yoon?”
“Yes, him!”
There is such a thing as pride among people in the industry.
I don’t want to acknowledge the stone that rolled in.
‘Hagiya.’
I understand what Cheonsu, my classmate, said.
This floor is not all about profit.
To put it bluntly, it’s like a sip or a sip.
Even beginners can make a lot of money by just getting the direction right.
What if you even have talent?
Sometimes, you can follow the trend for a year or two and achieve success.
This is the situation with profit and loss balance.
I crawled up from the bottom like that.
“There is no one like Director Seung-Hyun Yoon. I heard that the covered call fund he is managing these days has also been a huge hit.”
“Was that a covered call?”
“So it’s amazing.”
The opposite can be said.
It came down from the sky, not from the bottom.
Seunghyun Yoon, director of Korea Investment & Securities.
They are a super elite from Wall Street.
‘In this volatile market, covered call funds… You haven’t died yet.’
I returned to Korea 20 years ago.
He was a rare talent at the time.
There was also a sense of awe.
This is because it has only been a few years since the IMF occurred.
“In the old days, there wasn’t even a fuss to take them away.”
“Is it that bad?”
“I heard that Director Yoon’s contributions were largely responsible for the fact that Korea Investment & Securities was listed among the top 10 securities companies, so I guess this is not an exaggeration.”
A disaster caused by reckless overinvestment.
In the world, only that much is known.
The reality is different.
The aftermath of the Asian financial crisis spread to Korea.
‘If only I had handled it well at that time.’
It didn’t go all the way to the IMF!
There is a lot of talk among current securities firms.
Low level of financial industry.
We were unable to properly withstand attacks from overseas securities firms.
“I came from Wall Street, the center of finance during that time…”
“Wow, you must be a star.”
“I heard it from my seniors, so it must be true.”
Director Seunghyun Yoon became a celebrity as soon as he came to Yeouido.
He also proved his skills.
Korea Investment & Securities.
A small securities company grew into a large securities company.
‘It’s an incredible achievement, though.’
He is a role model for securities company employees.
I wish I could work like that.
I caught two birds with one stone: stability and performance.
It is highly evaluated among people in the industry.
“But how did it happen like that?”
“My words.”
“Was the rumor really true…”
That’s why it’s such a hot topic.
Director Seunghyeon Yoon was unable to renew his executive contract.
De facto dismissal.
The story behind this is spreading in Yeouido.
‘What trouble are you going through because you misplaced a child?’
This is a rumor that has been going around for a while.
His daughter is close to Prop Ik-jwa.
No, we are dating.
In fact, it seems like he has become a craftsman.
“Is it real?”
“Because it’s true, even people like that will be pushed out.”
“That’s right. That’s the only way I can think of it.”
The information power of securities companies is unrivaled.
You can decide whether it’s true or not if you put your mind to it.
‘Of course, it’s because it’s tied to Profit and Loss.’
There would be nothing that could not be confirmed.
The issue is usually not a serious one.
Profit and loss account.
He can no longer be seen as an interesting rookie who stands out.
It is threatening the industry.
This is the position in the financial industry that Yeouido has built.
Gulp!
It is a world where numbers are everything.
Because we live in such a world, we realize this paradoxically.
There is a bigger picture.
There are big players that move this stock market.
“I think… The profit and loss account is completely taken.”
“I guess so.”
“That guy was too sneaky.”
It’s annoying.
There are more than one or two things that can be guessed.
‘It will be difficult for people who have been stuck with Profit and Ik-Jwa to find a foothold in this industry now.’
It was even revealed above the surface.
It was obvious that the situation would escalate.
* * *
Securities company.
In order to grow, you cannot simply invest well.
‘What kind of land are you stealing?’
2x, 4x, 8x…
There is a romance to being called that.
From a profit standpoint, it is truly ideal.
In reality, that is not possible.
If assets increase beyond a certain size, it is not a simple directional bet.
—————————–±
『Domestic Securities Companies−Total Assets』
1. Hyundai Asset Securities− Article 84
2. Korea Investment & Securities− 70 trillion
3. KD Investment & Securities− Article 58
4. MH Investment & Securities− Article 56
5. Ohsung Securities− Article 53
±——————————————–
On the one hand, ‘making money’ is possible.
You can twist the flow of the stock market as you wish.
‘Of course, it is the amount plus the debt.’
Adding debt is also an ability.
The first thing to do is to increase the weight class.
Same as boxing.
No matter how much a lightweight fighter flies or crawls.
“Customer deposits and the number of fund subscribers are consistently exceeding expectations. Things are going well.”
“Uhm…”
It is no match for heavyweights.
Crossing the weight class gap is difficult.
‘Even among securities firms.’
Back belly.
Tens of trillions is just the tip of the iceberg.
Top-tier securities companies usually have banks.
Hundreds of trillions in deposits are accumulated.
Being able to pour it out when the time comes is a nag to say the least.
“So how much is it?”
“Well, it’s less than what my brother makes.”
“There’s nothing to listen to.”
Securities companies also have deposits.
The number of fund subscribers is also significant.
Although things are going well recently.
‘There’s not a lot of money left in a securities company that doesn’t even pay interest.’
This is especially true considering that most Koreans’ assets are real estate.
It is the bank that lends loans and deposits.
It cannot be linked in its current form.
We need a game changer that can change this world.
It’s just not easy.
“Should we create many first-grade aggressive investment products? Linking CFD trading.”
“There must be a specific demand group.”
“I guess so.”
This is the part where I encountered a limit in my previous life.
It’s not something I can do on my own.
‘It’s a matter of disposition.’
Too much money.
It must be rolled stably.
It is not simply a matter of rate of return.
Trust is essential.
This is something that is difficult for me to promise.
“If my brother had that kind of money, I think he would do something interesting.”
“You know me quite well.”
“Now I know roughly.”
It’s just as Hyeri said.
I can see Inishicak, but I’m not temperamental enough to put up with it.
‘There’s just the problem of difficulty.’
How do you get that much money?
Getting it together is not an ordinary task.
My body is only one.
You can’t proceed with several huge projects.
“Taking advantage of the spot market would be ideal, but it takes some time.”
“Are you talking about business?”
“Okay.”
Things are going well.
I think it is only a matter of time before it eats up the domestic consumer market.
‘If we link with the 1st, 2nd, and 3rd industries.’
It becomes enormous.
It is a good way to increase the size of the company.
The speed just can’t be faster.
I was just feeling uncomfortable as if I had given up on something.
Weeeing~
It’s been a while since I heard some interesting news.
