Chapter 583 – Korean XX
United States.
This country is the home of capitalism.
‘The meaning it has.’
Koreans have no choice but to not know.
No, it doesn’t touch me.
Everyone is only chasing money.
The action principle is clear.
“… So, as an investor, I wanted to honestly ask whether he still maintains his sense of the wild world of the stock market.”
Interview.
That too is on the airwaves.
It is a well-known media outlet in Korea.
Appearing on CNN talk show.
An incident at the general shareholders’ meeting became the trigger.
“What were the results?”
“If he listens to what I say and ends the shareholders’ meeting in a hurry, then I guess he still has his sense of judgment.”
“Oh, you have great confidence!
This is capitalism.
If a big social issue arises.
‘People’s attention is focused.’
Mass media.
They cling to each other like hyenas.
To eat money called attention.
“From what I heard, Mr. Lee Chan-wook…”
“It will be Mr. Chanwook.”
“I know that Mr. Chanwook is one of the wealthiest people in Korea. If only our production team had done their job properly.”
” Haha!””
It’s a kind of business.
It’s like selling trendy food.
‘It sells well whether it tastes good or not.’
Because people live there.
For that reason alone, you can do business.
The taste of food?
A chef’s mindset?
Even without considering that at all.
“Korea is famous for its chaebols. Are you after all Nepo Baby Shin?”
“I didn’t get any help from my parents.”
“Really?”
“My initial capital was 500,000 won. When converted to dollars, it is a little less than 500 dollars.”
“!!”
In the short term.
In the long run, it must ultimately be competitive.
‘This is capitalism too.’
Everyone is given a chance.
But you can achieve results.
“It was already four years ago. It took half a year for $500 to be called $1 million, and a year for it to be called $10 million. After that, there was a period of stagnation, but the great opportunity that came along with the tragedy of Corona has still changed my life. I am giving it.”
Meritocracy.
It is not a story that can be told simply.
Because this is America.
‘It’s sensitive.’
It is a topic that is often mentioned in Korea.
The type of people who are successful because they have good parents.
It also exists in the US.
Nepo Baby.
A compound word of nepotism + baby, meaning a child who is indebted to his or her parents.
“Are you bragging too much? What percentage of return are you looking at?”
“I have been consistently authenticating to a community that can be called Korea’s Reddit. Looking back, it is a fun memory.”
The way you look at them.
It is natural that it is not pretty.
It is causing social conflict in Korea as well.
─Learn the rules of Hell Joseon’s success from Café Doradodorae CEO Kim X-ha!
Dorae’s start-up capital was tiny…
Dogs and cows own 30 million stocks
50 million New Year’s money saved since I was 7 years old
I opened Dore with this 80 million won.
Although we settled in a good location, we have been making a loss for 7 years ㅠㅠ
But Dorae held on to succeed
The secret is that my father is the owner of the building!
Afterward, Dorae prospered, even opening a branch with borrowed money.
└Ami fuck you kkkk
└Secret to starting a business: A golden spoon
└Looking at the details, it’s even more crazy…
└If you gave free rent to an S-class commercial district and made a loss, aren’t you an imbecile?
Even in the United States, these kites are rampant.
Nepo baby is a new word created to mock them.
‘Because it’s America.’
If you add it, it’s more, not less.
As a country of the American dream, self-made people are highly valued.
The media also sheds light on it.
Because it is a good thing for society that there are more people like that.
Match! Match! Mate!
The values recognized in each country are different.
If humility is a virtue in Korea.
‘You can brag about America, but there is one premise attached.’
If it’s your ability.
It corresponds to that.
The perspectives of both the MC and the audience change.
“Wow! Even in America, it’s rare to find someone like you who started from scratch. The speed of 4 years is worthy of Guinness World Records. Is it because Korea is the country of speed?”
But America is America.
It is a multi-ethnic country.
Even if there is no overt racism.
‘It’s impossible not to have prejudices.’
Use it in reverse.
Korean.
The kind of Korea Americans want.
“There’s that too. The stock market, too.”
“Is it Korea’s stock market?”
“Yes.”
“I haven’t heard that Korea is an attractive emerging market…”
It matches.
I will act.
For a brilliant debut in the United States.
‘What would you want from a young Asian investor competing against Warren Buffett?’
Youth.
Challenge.
Innovation.
In Korea, it feels like the MZ generation that rejects the older generation.
“Korea’s stock market is very fast. It is no exaggeration to say that it reflects the personality of Koreans. If we actively utilize the opportunity, cases like mine can arise.”
Young? It’s completely MZ?
This is a story that actually often happens.
Daily News− 「Female job → penniless scammer… ‘Theranos CEO’ sentenced to 11 years in prison”
Elizabeth Holmes.
She is a female CEO who created a stir in Silicon Valley several years ago.
You can diagnose 200 diseases with just one drop of blood!
There was a lot of noise about it being a female job.
‘It was a target in itself.’
A similar look was intentionally created.
She wears a black turtleneck like Steve Jobs.
The appearance was also designed to be attractive.
It has the impression of an intelligent, cool-headed elite.
“You also said that the recent stock market is similar to Korea’s?”
“Isn’t that right?”
“Oh, I guess so! I still can’t get used to meme stocks.”
Such image making.
It worked well.
The American media picked her up and made her a star.
‘Whether he is a fraud or not.’
People are interested.
A market is formed.
It is the way of capitalism.
“Question! I would like to know if meme stocks in the U.S. Are similar to those in Korea. Furthermore, I would like to know if they are still using them for investment.”
There are also success stories.
Steve Jobs, Bill Gates, and Elon Musk are all successful businessmen in this way.
Tap!
Fix the microphone.
To provide the desired answers to the audience’s questions.
“It’s basically similar. If I opened a securities firm in the U.S., I might be the majority shareholder of meme stocks. Joke. Whether it’s meme stocks in the U.S. Or operation stocks in Korea, it’s important to read the psychology contained in them. CW Securities, where I am the CEO. It is also the core philosophy of.”
Investors after Corona.
I’m crazy.
I hope you make money quickly.
‘What would be the method?’
I’m tired of value investing that builds up step by step like Warren Buffett.
The timing is just right.
Berkshire Hathaway is recording the worst returns.
It is a perfect opportunity to incite the public.
Bravo~!
Clap! Match! Mate!
Quick investment.
Quick results.
I hope that the seeds planted today will bear fruit tomorrow.
‘Do you think there is such a thing?’
Warren Buffett did not fail.
It was just an era where his investment method was not suitable.
It is rare to find an era fueled by this kind of madness.
Most recently, 2007 would have been similar.
“I was able to understand why he became one of the richest people in Korea in just four years. Are you personally confident that your current path will continue?”
“I can be said to be a young Warren Buffett now.”
“Warren Buffett?!”
“If Warren Buffett were a young man in his 20s in the 21st century, he would have made the same investments as me. But he is old, and his investment methods have died. I will continue to build the best investment company with the best investment methods, just as he did in the past. It will be much bigger.”
Korea and 2007.
Those are the two markets and periods in which Warren Buffett made his biggest failures.
‘Because I scratched it openly.’
It is worth considering your investment plan.
It’s going better than I thought.
Match! Match! Mate!
Clap! Clap! Mate!
The work of moving the world begins.
* * *
Aftermath.
〔Korea Stock Gallery〕
─If P&L is Korea’s Buffett
─The profit and loss balance is not at the level of aggro
─Hello. Looking for Lee Chan-wook’s past investment information
─English articles on Profit and Loss are so hot ㄷㄷㄷㄷㄷㄷㄷ
.
.
.
It is impossible not to have it.
About an investor who is heating up the nation.
─English articles on Profit and Loss are so hot ㄷㄷㄷㄷㄷㄷㄷ
[Google Lee Chan-wook article search capture. Jpg]
They’re sucking it up because they’re young Buffett
And Buffett is being criticized in reverse
└I searched for the profit and loss account and couldn’t find it?
Author− You should search for Lee Chan-wook, you idiot
└Korea’s Buffett kkkk
└Seeing that imbeciles like the one above are trading stocks, the high point is true…
It can be said to be the hometown.
It is natural that interest in Korea is more intense.
Profit and loss account.
I listen more carefully than anyone else to the resonance of those three letters.
─Hello. Looking for Lee Chan-wook’s past investment information
I heard this is Reddit in Korea
Can you find Lee Chan-wook here?
This is translated via Google Translate
└Jubung from the United States is here haha
└Yankee gay…
Author− Are you gay? I am respectful. I am not gay
└Ge Geiya
It spreads directly.
United States.
Worldwide.
The seriousness of the situation hits home.
The meaning it has also expands.
This is no longer something that happens in a small piece of land called Korea.
─The profit and loss balance is not at the level of aggro
Mainstream English and American media such as CNN, Fox, and BBC are sucking it in
The content is also more favorable than expected
It is true that a great talent was born in Korea
└He has trillions of assets and is the majority shareholder of the food market.
└There was a reason why American residents came
└We’re friends, right?
└Just 4 years ago, you were chatting with me ㅅㅂ
Investors.
It is underestimated in Korea.
In the United States, it is a job with a completely different image.
Even Koreans do not know that fact.
‘Warren Buffett’ can be explained in four words.
─If P&L is Korea’s Warren Buffett
Isn’t the food market the Berkshire Hathaway of Korea?
Just looking at the current stock price, it seems undervalued ㅇㅇ;
└ㄹㅇㅋ
└Where are you going?
└I’m going to Mars haha
└Short sale dog seizure button On
The market is shaking.