Chapter 384 – Pension Fund Punch
National pension.
It is the most famous Ponzi scheme in Korea.
“You don’t know what pension funds are for?
“No, I know it’s a place that gives pensions…”
Since it is a national accreditation, it is operated for the whole country.
Although no one knows it.
‘As an institution, it can be separate.’
It is not the time to receive a pension.
The general public may not know what the ‘pension fund’ does.
But as an investor, you should know.
Because it is one of the biggest players in the domestic stock market.
“In one word.”
“What is it?”
“It’s a place to buy and sell drugs.”
“…”
It accounts for 10% of the KOSPI index.
Stock prices fluctuate with the movement of pension funds.
What if you could predict it?
Of course, it is a big help in stock trading.
─Are these bastards of the pension fund sucking drugs and stocking up?
[○○Bio Investor Trend.Jpg]
A foreigner throws a selling bomb
I’m getting all my pension funds alone
└ Pension melts slowly.
└ How are you going to sell that again…
└The National Pension Service will be the major shareholder
└ It’s okay to drink medicine. Can’t buy sanely
It is a hot topic among real investors.
How many drugs have they taken?
How long does the medicine tooth spin?
“It’s a matter of calculating it well and establishing a trading direction.”
“What bullshit, really fucking!!”
“It’s fucking boring to tell you.”
When you take the medicine, the fear disappears.
No matter how big the loss is, it’s alpano.
‘I think stocks are a joke.’
I can’t really talk seriously.
I have no choice but to show it.
『National Pension Fund Management Headquarters』
Enter the office
He said he was invited by an acquaintance, so he passed it easily.
“It’s an ordinary public institution. What kind of medicine are you drinking?”
“You can suck some.”
“It’s a place where we manage the pension we’ll receive later, right?”
Interior.
It certainly seems so.
It’s a very nice building that doesn’t fit in the countryside.
‘I don’t know why I’m here.’
It’s true that it’s not a place to look at.
It is a competent institution that is rare in Korea.
———————————————+
『National Pension Return Rate』
2014: +5.25%
2015: +4.57%
2016: +4.75%
2017: +7.26%
2018: -0.92%
+———————————————
It has been consistently profitable every year.
That in itself isn’t surprising.
‘The risk management ability is worthy of recognition.’
2008.
It even defended against the subprime mortgage crisis that scared the world.
It was a miraculous save of -0.18%.
Even on a global scale, this is unprecedented.
“The year Warren Buffett blew 32%.”
“Looking at the index going down at that time, I think it was worth it.”
“Other sovereign wealth funds have also been cut in half on the basis of -10-20%.”
“Right! What an important organ…”
Yield is not high.
However, considering the ability to keep money and the fact that the place where it was rolled was the director.
‘It’s not easy because the exchange rate fluctuates too much.’
Compared to domestic securities companies that only eat ants, she is a fairy.
The ability is where there is no doubt.
Squeak-!
That too is a thing of the past.
It has changed since 2017.
Arrive in front of an acquaintance’s office.
As soon as you open the door, thick smoke pours out.
Sora coughs rudely.
“Cough! What is this?”
“What is marijuana?”
“Yes?”
“Look, you’re taking medicine. You shouldn’t arbitrarily judge others with your narrow-minded perspective.”
“…”
It’s a different, different smell from cigarettes.
To give an analogy, it is close to the incense of burnt mugwort.
Characteristics of cannabis.
It seems that they are trading while taking medicine today.
“Do you really do drugs?”
“Don’t call it drugs. Call it doping.”
“Drugs or doping!”
I don’t know the hardships of such traders.
Sora trembled beside him.
Still haven’t become an investor.
If you are a single investor, you should try at least a little bit.
“Doping is illegal in sports, but legal play in stocks.”
“It’s usually illegal.”
Hundreds and tens of billions of dollars.
Rolling astronomical amounts is incredibly stressful.
‘If I want to win in the market, I’ll even suck the pills.’
It is not something that one human being can afford.
Investors escape the pressure in many ways.
“Drugs and prostitutes are essential to survive on this floor.” – From the movie The Wolf of Wall Street
One of them is drugs.
Cannabis is naive to the level of a child.
“Keuuu~ grab it.”
“I don’t know, just buy the fuck!”
“It’s not even my money anyway.”
This also helps with trading.
This is the secret to making profits for national pension managers.
“Because we buy and sell drugs like this, we can protect the people’s precious pension.”
“Ha…”
“You too become a trader like this.”
“Fuck you.”
Sometimes you need a serious talk.
Even Sora would have realized a little.
‘Because the tension is so intense.’
There are all kinds of traders.
Selling while playing porn, or buying and selling while hitting daughters.
It is not something to be seen from the point of view of the general public.
Deviations like this are worth watching.
“What if I get caught like this?”
“Mole? Lou.”
“What is it? That cheesy way of talking.”
It may not be so from a social point of view.
It’s probably marijuana.
Korea Newspaper− 「I took medicine and invested! 4 National Pension Service employees arrested on drug charges
It is illegal in Korea.
It is later caught and published in the news.
‘You can smoke some hemp. It’s not meth or heroin.’
Overseas, it is eaten as a vegetable and drunk as a tea.
It is also ambiguous to call it a drug.
There is also a point of view.
There is a reason why many countries have legalized it.
“Oh Chanuk!”
“Isn’t it too hot? My mouth went back.”
“With that?”
There is a reason why the national pension is blooming.
Say hello to managers you know.
Fed up with fatigue
It shows how hard they are trading from their facial expressions.
‘It’s worth it.’
Recent market.
It can’t be shit like this.
The President drives himself.
However, the stock price is clamoring to rise.
If you want to black, you buy the pension fund that needs to be blacked out by crying and eating mustard.
“Of course I don’t want to buy it~ Would you buy it?”
“Even if I receive it, I will receive it from a lower level.”
“I know yeah!”
It also has to make a profit.
They are 10 times more stressed than most office workers.
‘Then I should be treated well.’
Jeonju.
There is no doubt that it is a wonderful city.
Bibimbap is also delicious.
However, it is not a suitable place for a stockman to live.
Dissatisfaction arises.
“I can relieve my stress by going to room bread. Do I have to go to a coffee shop here?”
“A coffee shop is shit.”
“I wish it was a joke too!”
Miss Kim is lacking in many ways to comfort her.
The reason for the drop-out at the operation headquarters.
‘It’s a predestined situation.’
2017.
Moved to Jeonju.
Since then, there has been an outflow of talent.
“Looks like you’re good at selling. Ace unnie came on a business trip.”
“It’s a fucking expensive bitch.”
“Don’t give a damn.”
Nearly 100 people have already resigned.
Talented people continue to leave pension funds.
‘Still, there aren’t any people left.’
Cha Yeon-wook, whom we are talking about now, is one of them.
I always tinker with my resignation.
“Are you resigning?”
“Okay.”
“I want to quit soon too.”
“Why? You don’t like the prelude?”
It seemed to bother Sora.
As a citizen, I am concerned.
“Why? Can’t I do it my way?”
“It’s not like that… I think there might be a problem if the manpower leaves.”
“Of course it will happen.”
That’s right.
Even if it doesn’t show right now because it’s so conservatively operated.
‘Because it’s not Theseus’ ship.’
Can’t we just hire another person?
It is a structure that cannot be.
“I have patriotism too. There are corners that are more comfortable than regular stock companies.”
“Yes…”
“But that’s when it’s not too bad. The elite go out, and only the newcomers come in. Would they be willing to work?”
As Cha Yeon-wook said.
Existing personnel are leaving, and new resumes are of low quality.
Fact News− 「National Pension Relocated to Local Areas, 30% Local Talent Allocation Mandatory」
Because it’s Jeonju, I don’t come often.
Since there is even a regional quota system, it is even more difficult.
‘In Korea, where there are few financial talents.’
Pension fund management personnel.
Quality degradation is a predetermined future.
Even those who still remain.
“The top head has been replaced by a political figure, so we can’t operate it as we want.”
“That…”
“Ah fuck I want to quit. Take me away quickly.”
Jim is preparing rice.
There is no reason for a competent person to work.
That’s why I made connections.
Aside from the fact that pension funds are in decline.
‘Because the proportion of the director is enormous.’
Its operating method.
Even just reflecting it in investment data is a great help in running a fund.
It is a hot topic in the industry these days.
It means taking out the pension fund manager.
“Okay?
“…”
“It’s not an environment where you want to work that hard.”
My fund will do the same.
I invited several people, including Cha Yeon-wook.
‘I have to work until then.’
The latest direction of pension funds.
There is no one who knows as well as the current position, so he is a valuable talent.
“Didn’t you get what you wanted?”
“It is, but.”
“But what?”
“Something is missing.”
The way back.
Sora’s face looks shaded for some reason.
It seems that there is a problem.
‘Actually, marijuana.’
There are few side effects among drugs that are legal in many countries.
It only takes one thing.
It’s secondhand smoke.
I can guess why he sighs heavily while twisting his dirty body.
“Shall we have a round of drug sex too?”
“Don’t give a shit, really.”
“Ah!”
It seems it wasn’t.
