1979, Manager Kim is Inheriting Dictatorship! - Chapter 156
Only Krnovel
Episode 156
People were puzzled by the fact that the president was meeting with a company worth only 5 trillion won and even having dinner with it, but they soon ignored it, thinking there must be a reason.
That is because there have already been similar cases in the past.
When I met with Qupple’s current CEO, Steve Jobs, many media outlets criticized him for having too much time on his hands, saying that it was hard for a president of a country to meet someone who had been kicked out of a small company.
But now, a dozen years later, Jobs is a leading figure in the global IT industry whom leaders of many countries want to meet by pulling out numbers.
As expected, Jobs is Jobs, and even though smartphones came out earlier and Samsung released smartphones faster, Qple’s growth rate was frightening.
Its unique innovative thinking, design capabilities, and marketing capabilities certainly caught the attention of consumers around the world, and brought Qupple, a company that had been forgotten in an instant, back to being a company that the world is paying attention to.
But what is different from the original history is that the current largest shareholder of Qupple is none other than the Korean government.
The Korean government has been steadily purchasing Qple since the days when Jobs was away, when Qple was steadily falling, and is now the overwhelmingly largest shareholder of Qple.
Thanks to this, many of Qupple’s factories, which were originally supposed to be located in China and Taiwan, moved to Korea, creating numerous jobs. In addition, with the lawsuit with Samjung eliminated, Samjung was able to grow quickly like Qupple.
* * *
“Who is that person, meeting President Kim Jong-guk in person?”
Late one night, while watching TV in his studio apartment with nothing to do, Yeon-seok, a second-year computer engineering student, asks his roommate Won-gi about the meeting between Jensen Huang and President Kim Jong-guk.
Wonki was my roommate and a classmate from the same department.
“You’re a computer engineer, but you don’t even know the president of a graphics card company. You, don’t you know ZEFORCE?”
Won-gi looks at the curb and makes a pitiful expression.
“Oh, is that guy the president of the company that makes ZEFORCE?”
To those familiar with computers, Jensen Huang was a somewhat well-known name as the man behind a company that made personal computer graphics cards.
However, that doesn’t mean that Jensen Huang was a well-known name yet, so even though they were both in the same computer engineering department, this was the first time Yeonseok had seen his face.
‘But why are you meeting the President in person?’
Yeonseok asks Wonki again with a puzzled expression.
“Hey, but why is the president meeting the CEO of that graphics card company in person? That company is probably smaller than the ones we’re going to go to.”
Won-gi also shrugs his shoulders.
“Well, I don’t know either. I looked up the market capitalization and it doesn’t seem to be that big of a company. I don’t know why the president met them in person and brought them to Korea.”
“I think desktops will sell less in the future because of smartphones… … .”
It was Won-gi who was a little more interested than Yeon-seok, but he didn’t know the exact reason.
“Well, maybe they’re looking at something like the server market.”
However, after thinking about it for a moment, they soon came up with an answer at the same time.
“Well, there must be a reason.”
“Yes. How many people has President Kim Jong-guk met like that? There was Jordy and Jobs.”
This was a person that President Kim Jong-guk personally met with.
There had to be a reason.
In the past, both Jobs and Jordin were like that.
First of all, Jobs, needless to say, was the number one object of envy among current science and engineering students.
And now, I met Jordin, who is a legend in MLB and one of the icons of the global fashion market, in person when she was a prospect, and Jordin still has a good relationship with Korea and visits Korea several times a year.
Jordin’s basketball shoes, which she signed with Adidos, are still one of the hottest fashion items that are trending all over the world whenever they are released.
Of course, since the company that directly produced Jordan’s Adidos basketball shoes was Prostex of Korea, it also brought significant economic benefits to Korea.
Even now, Jordyn occasionally mentions President Kim Jong-kook in interviews, showing how close her relationship with the president is.
In addition to these two people, people that President Kim Jong-guk met during his unknown days in the past would definitely become world-class figures 10 or 20 years later.
So now there is talk of investing in an unknown person that President Kim Jong-un is meeting.
Yeonseok asks Wonki a question.
“Hey, I have some money I earned from my part-time job. Should I invest it in MVIDIA? If it’s as good as President Kim Jung-guk said, won’t this be a huge hit later?”
Won-gi silently opens his smartphone and launches the stock application.
And on that screen, the MVIDIA stock he had already bought was visible.
[MVIDIA / 300 weeks / 72% yield]
“You have to buy quickly to survive. I bought it right away when I heard that person was coming. It started to rise slowly after that article came out, and on the day that President Kim Jong-guk met in person, it went up by 20%.”
Yeonseok complains to Wonki with a dumbfounded expression.
“Yanma, are you going in alone without any sense of duty? If there’s something good, we should share it.”
“What are you talking about? If you lose money, you’ll blame me.”
Yeonseok has no answer to Won-gi’s words that he will blame himself for the damage he caused.
But soon he asks Won-gi again.
“Hey, so if I go in now, will I be late?”
“Are you stupid?”
I can hear Won-ki’s nagging voice.
“Right… … ? It’s already up 70%, so it would be stupid to go in, right?”
Won-gi takes a deep breath.
“Whew… Hey! President Kim Jung-guk took the time to meet with me in person, but that company’s stock price only went up by 70%? Can’t you tell just by looking at it that it’s still barefoot?”
At least 50 times.
Wonki expected that.
Considering the performance of investments in Qupple and Jordan, 50x is actually a conservative estimate.
Won-gi looks at the kerb and says.
“But, if you’re going to blame me for falling, then don’t buy it. And just because you fell for a little while… … .”
Yeonseok shows his smartphone before Wonki finishes speaking.
-The purchase has been concluded.
Before he knew it, MVIDIA was stamped in his account.
“Yanma, I should buy it when I go down. It’s still the same… … .”
“You’re still just a foot, so it doesn’t really matter when you buy it.”
“That’s right… but, ah… then, I’ll make you some money. Make a promise with me.”
Yeonseok puts down his phone and asks Wonki.
“What is it, a promise?”
“I’m going to delete that app now and come back to it in 10 years.”
“What? But you still need to know how to climb… … .”
Won-gi shakes his head.
“Hey, guys like you sell when it goes up a little, and when it goes down a little, you sell it again because you’re in a hurry. You don’t make money just because you know it’s going to go up. It’s the guys who hold on while it goes up and down, even though they know it’s going to go up, who make money.”
His voice was firm.
“Oh, I see.”
“Delete it now.”
Due to the burning desire for energy, Yeonseok has no choice but to delete the stock app.
Show the screen with the curb removed to Won-gi.
“Hey, that’s enough. I deleted everything.”
After looking at the screen with the energy removed, he feels relieved and focuses on the TV screen again and speaks to Yeonseok.
“Come back in ten years. You’ll be so grateful to me.”
And this statement eventually became true.
The investments we make now will play a big role in helping both Yeonseok and Wonki become financially independent and enjoy the freedom of early retirement as FIRE members in the near future.
* * *
It was mid-August 2005, a time when the heat was becoming unbearable.
An incident that should not have happened in South Korea occurred.
A soldier working as a public servant committed suicide due to the tyranny of his division commander.
He was burdened with a lot of work, beyond just the duties of a public servant, such as tutoring the division commander’s children and going to the division commander’s wife’s grocery shopping to act as her secretary. If the division commander did something that did not please him even a little bit, he would verbally abuse him and sometimes even physically abuse him.
After receiving the report, I picked up the cup next to me and threw it.
-Tink!
Although the shards of the cup flew in many places, I couldn’t contain my anger and asked the Minister of National Defense and the Chief of Staff of the Army in front of me.
“What the heck is this!”
Both the Secretary of Defense and the Chief of Staff of the Army are trembling and unable to say anything.
I barely contained my anger and asked the Minister of Defense.
“Minister! Tell me! What could have caused this young man to make such an extreme choice to end his life?”
“I’m sorry… I’m sorry…! I’m, I’m trying to figure out the truth.”
“Finding out the truth? How did you secure that new recruit, the division commander?”
The Chairman of the Joint Chiefs of Staff answers on behalf of the Minister of National Defense.
“For now, I will exclude you from work… and put you on probation… .”
“Are you talking about detention now? You’re talking about detention when it’s a case that deserves immediate arrest and investigation!”
The Chairman of the Joint Chiefs of Staff answers in a crawling voice.
“I will immediately order the investigation to be changed to an arrest warrant!”
“Haa… Everyone, get out! And you both better be prepared to take your clothes off!”
* * *
The Minister and the Chairman of the Joint Chiefs of Staff leave, and the Chief of Staff comes in a little while later.
I immediately told the Chief Secretary that I should make a public apology.
“Chief Oh, please prepare an apology to the nation.”
Director Oh stops me in a worried voice.
“Well, Mr. President… This isn’t your fault, Mr. President. This is something that the division commander should apologize for.”
Although Director Oh spoke with concern, I spoke in a firm voice.
“Oh, sir, I am the commander-in-chief of this country’s armed forces. This is something I should personally apologize for. A young man devoted himself to his country, but he gave up his life for such an absurd thing. If the president does not apologize for this, what young man in the world would devote himself to his country?”
“…all right.”
An urgent press conference is scheduled for just a few hours later.
After arriving at the broadcasting station, I went straight to my prepared seat without saying a word and began to speak with a solemn expression.
“Citizens, this is Kim Jong-guk. I am here today to tell you a sad story. Not long ago, a 21-year-old young man with a bright future gave up his life due to the tyranny of the division commander in the 89th Division.”
The broadcasting station staff, who didn’t know what was going on because it was an emergency press conference, were surprised when this story came out.
“First of all, as the Commander-in-Chief of the Republic of Korea Armed Forces, I feel an infinite sense of responsibility and apologize. I know that an apology from an old man like me will be of no comfort to the death of a young man with a bright future ahead of him, but I apologize once again.”
It’s been a long time since the president’s apology was so direct and strong, so everyone at the broadcasting station’s office’s eyes widened.
“I hereby declare that I will use all the powers of the President to punish all those involved in this incident. I will also dismiss the Minister of National Defense and the Chief of Staff of the Army for their responsibility in this incident.”
As word spreads that the Minister and the Chief of Staff will be removed due to the death of a private, people start to murmur once again.
But I didn’t care and continued talking.
“Citizens, I apologize once again. I apologize once again for this incident that should not have happened, and I hope that this old man’s apology will bring some comfort to that young soul.”