Chapter 786 – Mask of Hypocrisy
News.
We live in an era where non-existent horses can travel 1,000 km.
“CW Securities?”
“As expected, they were the only ones.”
“It was never something that just happened.’
It’s no wonder Wall Street is in an uproar.
A huge incident occurred.
I was already paying attention.
A country that will spark the financial crisis.
‘I thought Italy was unusual.’
Inflation is soaring sharply.
Interest rates are also rising like crazy.
A neighborhood that is popular 365 days a year.
It’s like a cold wave of -50 degrees suddenly hit.
“I would have built up a large options position and slowly dropped it until the market took notice of Italy.”
It’s even weirder if nothing happens.
If only I could know that country.
‘It was a bet worth making.’
That became Italy.
Considering various circumstances, there was a possibility.
Debt.
Economic structure.
Even the circumstances surrounding the Ukraine-Russia war.
“Easier said than done.”
“Other countries in the EU have not fallen to that level.”
“Tch, I know!”
But that doesn’t mean it’s good to go short.
Italy is Italy.
Even if it rots, it’s okay.
It is a powerful country in the G7.
It also belongs to the economic community called EU.
‘In effect, a declaration of war against the country.’
It can’t be easy.
The risk is enormous.
Although it could be an act of suicide.
—————————–±
『Italian Corporate Bond Interest Rate』
Agnelli Group 8.211%
Stellantis 8.925%
Enel Power 5.906%
Intesa São Paulo 7.521%
UniCredit 7.296%
Eni essential oil 5.730%
Generali 8.108%
±——————————————–
The return is bound to be huge.
The Italian bond market turned upside down.
“Still, envy is envy… He must have had a huge short selling position. He must have seen astronomical market profits.”
High quality bonds have been downgraded to the level of junk bonds.
Market participants are withdrawing money.
Fear.
It is the simplest yet most persuasive logic that explains the current situation.
I was scared.
“Not sure.”
“If it’s Mr. Lee, you can still do that.”
“Damn, I’m falling behind again.”
The person who caused it can be inferred.
No, I wish it had been like this.
‘There is no other place in the market right now where you can make tens of billions of dollars in profits.’
I have no choice but to know.
CW Securities.
The recently announced performance and forecasts are incredible.
Stock price +21%.
A strange phenomenon occurred where financial stocks soared like technology stocks.
“Should I jump in now…”
“It’s the holder’s territory.”
“The ECB is also showing its will to respond. If Italy explodes, a situation that cannot be compared to the Greek shock will occur.”
It was worth it.
Wall Street.
It is a big issue even in the world’s financial center.
It rises naturally in the process.
The status of an investor named Lee Chan-wook.
Percussion!
Hedge funds are understandably upset.
I can’t help but be stimulated.
“Are you calling it an excuse that the market is not doing well? Look out the window over there! Lee Chan-wook of CW Securities is turning this scary market into an opportunity!”
“”…””
Market.
It’s going beyond a decline into a slump, and beyond a slump into fear.
Securities men are dying.
No matter what portfolio you make, you incur losses.
‘It’s that sound again.’
‘If you’re going to do that, hire Lee Chan-wook.’
‘They don’t even give you that much salary…’
Actually.
6 to 4 portfolio.
It is the most standard investment strategy.
CNN− “The ‘6 to 4 ratio investment in stocks and bonds’ loved by Wall Street no longer works”
That doesn’t work.
This is because the market is going crazy.
“We are making efforts too.”
“Because the risk is high.”
“It’s rare that something happens just by luck.”
“What about Lee Chan-wook? It’s not just this time. Lee Chan-wook succeeds every time he tries!”
“”…””
Inflation is soaring.
There is no choice but to raise interest rates sharply.
The aftermath.
Stocks and bonds are also shattered.
This is not a normal situation at all.
‘I have never learned about a situation like this.’
Elena August, a new employee, sighs.
As soon as I got a job, the road to hardship began.
“What are you telling us to do?”
“In a market where even veterans are sweating…”
“Oh, didn’t you hear what the manager said? Lee Chan-wook is also in his 20s, 20s~.”
” Haha!””
Nevertheless, higher-ups demand performance.
Even comparing it to famous investors.
‘If I listen to it one more time, my ears will tingle.’
Lee Chan-wook.
It is said that the rate of return is enormous.
Even in a bear market, momentum does not die.
“Are you such a great person?”
“What…”
“Honestly, it’s amazing. I was just an unknown until last year.”
I will catch up with Warren Buffett!
We will grow into a company as big as Berkshire Hathaway!
I can’t help but snort.
Even if you listen to it now, it is nothing short of absurd.
‘You accomplished that.’
There was no reason for the manager to make such a fuss.
“They say he has been great since his days as an individual investor. I guess he was sitting on a financial cushion due to the coronavirus outbreak and decided to start a fund.”
Financial person.
Everyone who enters this industry has a dream.
Earn a lot of money.
‘Wow, if it were me, I would have retired a long time ago.’
Greedy, greedy, greedy.
It was a huge hit every time.
“We worked on a large-scale short selling in Korea, and we also sent Blizzard and Tesla to a hot sale.”
“The war that occurred earlier this year is also a hot topic!”
Each one is outstanding.
These are major events that you cannot avoid if you are in the securities industry.
The person who caused it.
It was none other than Lee Chan-wook.
Although I nod my head.
“There’s definitely something to learn from people in the industry. Like that manager… It’s crazy to force someone.”
I can’t help but think of one more thing.
Elena opens her window wide and closes it.
Percussion!
The end of Wall Street.
There is a building that the manager mentioned near the dock.
‘And…’
It’s definitely amazing.
The grandeur of buying a building in Manhattan, where land is expensive.
“It’s a dream to hit that kind of jackpot.”
“I will definitely resign as soon as I receive incentives.”
“After saying ‘Fuck you’ to the manager.”
” Haha!””
I understand what my seniors are saying.
Investment.
It is also possible to make astronomical profits in a short period of time.
I have respect as an investor.
As a person, the story was a little different.
Gulp!
Economic crisis.
It is true that it is an investment opportunity.
Whether you go short or sweep to the bottom.
But what about ordinary people?
The real economy is collapsing, and we are suffering.
In all those places.
‘It’s not like Conan.’
There was Lee Chan-wook.
If it were a coincidence, it would be horrifying.
Even those tall buildings look different.
It felt like a tower built with blood.
* * *
Attack.
This is the most representative way for hedge funds to profit.
‘No, making it.’
It is similar to StarCraft.
A simple rush or check does not have much effect.
What if it is 2-way?
What if it’s 3 directions?
No matter how good a person is, there are bound to be loopholes.
“Recently, the European economy has been shaking. Stock prices are plummeting, interest rates are soaring, and households and businesses are suffering… But on the other hand, there are also people who are said to be benefiting greatly.”
It creates it.
This is the secret to a top-notch investor dominating the market.
‘If you twist it…, You know?’
You don’t have to suffer.
If you defend your base well, the attacker will ultimately suffer losses.
It didn’t work out that way.
Europe.
It is said that the economic damage is enormous.
“We invited Lee Chan-wook, CEO of CW Securities.”
“”Wooooo~~!!””
Appeared on a European broadcaster.
There was a reason why I sent you a love call.
The boos pour in as if a promise had been made.
We have prepared an unforgettable event.
‘It’s thrilling.’
It is a disgrace that always follows investors.
No, there is nothing more glorious than this.
I made money.
I made a lot of money.
They even plucked out people’s blood and tears and ate them.
“I heard you’ve had astronomical results recently.”
“That’s it.’
“Most of them came from Europe.”
“I feel grateful.”
It looks bad on some people.
Some people have short thinking.
‘Unless Homo sapiens sapiens sapiens appears, there will be nothing we can do.’
Such a situation.
The politicians and the media want to divert their anger.
The public also wants to find someone to vent their anger on.
It has become the target.
Criticism is pouring in against me.
“And you’re still a person!”
“There really is no blood or tears.”
“A pig of capitalism who only cares about money.”
The audience turns up the sound.
I almost want to tell you Aizen Sosuke’s famous quote.
‘You shouldn’t use too strong words.’
You don’t know that common sense.
When it comes to things happening in the world, just making noise is not enough.
“He is an investor. It is natural for investors to invest. But… I also think that he is neglecting this era where ESG is required.”
It is true that the emotional aspect is also important.
In reality, you have to pay attention in business.
Host.
Let’s dig into that part.
No, it is clear that they have prepared it from the beginning.
“The reason we wanted to bring in CEO Lee Chan-wook is no different. We want you, a cool-headed investor, to see reality at least once.”
“That’s fascinating content.”
“That’s right.”
Making one person an asshole.
This is what the media does best.
Regardless of time and place in the East and West.
‘Wow, the victim’s tears should be at least evidence.’
It was a long way off compared to Korea.
Still, I decided to hang out because I was sincere.
Percussion!
One person stands up from the audience.
With a face that looks like it’s going to cry at any moment.
“I am Italian. Do you have anything to say in front of me? Is there anything you want to say!”
I shout in anger.
20 points.
It looks like you haven’t seen any K-drama yet.
‘I can’t get viewership ratings at this level.’
It’s not even the letter L for emotional arms.
It’s not at a level that would decorate the front page of a newspaper.
You can ignore it.
It could end with a little controversy.
“I want to eat iced Americano.”
Attempt to break through head on.
