A Returner’s Successful Investment Method - Chapter 647



Only Krnovel

Episode 647 malay scandal (8)

We were invited to dinner at Mark Phillips’ house outside of Atlanta.

It is not a grand mansion, but a slightly larger two-story single-family home.

His wife and two daughters were also present.

Their names are Elena and Liana.

Both of them have outstanding looks, just like their parents.

And this is one of the reasons for Mark Phillips’ popularity.

For your information, Elena is currently working for Senator Phillips’ campaign with an official title.

The role of family in elections is very important.

The family was happy to welcome us.

“Thank you very much for the invitation.”

Elena looked at me and said.

“I’m glad to see you two again.”

“I’m glad to see you again too.”

Riina smiled mischievously.

“I heard you are the co-representative of Continue Capital. “At that time, he said he was going to become the best investor in the world, and he meant it.”

“Hey, it’s not that bad.”

Aaron Baker is still alive and well.

As we headed to the restaurant following the directions, Chris asked in a low voice.

“Is this a place I can come?”

“why?”

“To be invited to the home of someone who might become the next president and receive such hospitality is a little… … .”

“hmm.”

Although he didn’t know it, this hospitality was entirely his.

If it goes as it is, it’s normal for me to fall out.

“It’s all thanks to Chris’s good work.”

“No, I didn’t do anything.”

“I didn’t do anything.”

If you think about it, he saved the lives of so many people, including the next US president. So, you fully deserve the reward.

I’m just sorry for stealing that honor.

It seems like one company isn’t enough, so I’ll have to take care of more things later.

I patted his cowering back and said,

“Come on, straighten your shoulders proudly.”

As we sat around the table, Senator Phillips said to me:

“Thank you again for saving me and my family.”

I shook my head.

“It was thanks to Chris that I noticed something wrong with the plane that day. “If Chris hadn’t told me first, I wouldn’t have known.”

Then the family all expressed their gratitude to Chris, and Chris was embarrassed and threw up his hands.

“Oh, no.”

We all burst out laughing when we saw that.

The meal began in a friendly atmosphere.

I, who was an employee at a securities company until a few years ago, was invited to eat at the home of the next U.S. president.

After all, life is something to look back on.

Mark Phillips’ wife, Elyse Phillips, told me:

“I hope it suits your taste. “If there is anything missing, please let me know.”

“Very delicious.”

I don’t know how long it’s been since I last had a meal in this family-like atmosphere.

Since we were reunited after a long time, we talked about past events.

Before we knew it, the topic of conversation had moved on to Continue Capital. Elena asked curiously.

“Did you go straight to New York that day, meet David Lockhart, and form Continue Capital?”

“That’s the way it is.”

To be precise, I created a company on paper and hired David Lockhart.

“How did you meet him?”

“I’ve always admired David Lockhart. So, when I came to New York, I sent him an email and asked to meet him. “He was looking for a job, so we hit it off.”

Riina asked quickly.

“Couldn’t you have done it alone?”

“no. “I don’t have that level of skill.”

This is not humility but fact. David Lockhart is one of the most outstanding investors on Wall Street.

There is no comparison with me in terms of understanding of the financial system and investment ability.

Since I knew the future, I would have made good money if I invested alone, but I wouldn’t have made this much without David’s help.

“And David does all the difficult and complicated work.”

Finding someone who does a good job and is trustworthy is not easy.

If David hadn’t been there, wouldn’t I have been tied down to the company?

“What about the investment amount? “Continu Capital does not receive external investment.”

“Before that, I made some money by investing in Korea. “In the beginning, I used that as capital to invest and David and I were called in.”

“how?”

“It’s a long story… … .”

“Tell me a few things.”

“hmm.”

Which episode do you think is the most fun?

There are so many that I think I’ll have to poll the employees later.

“So, Continue Capital is owned by you two? “What is the stake?”

“liana.”

Elina, the older sister, stopped her younger brother as if to stop him from asking rude questions.

I said with a smile.

“Let me just say that I have a large stake.”

To be exact, it’s 100% my stake, that’s not a lie.

Senator Phillips said in surprise.

“I was facing the richest man in the world.”

I spoke humbly.

“Not really.”

There are people in this world whose country is theirs.

* * *

After eating.

I spoke privately with Senator Phillips in the study.

We sat down and drank tea.

Unusually, it came with fruit jam. He took a spoonful of it, put it in his tea, and ate it.

Is it right to drink black tea this way?

Which country’s method is this?

“I know you are busy, but thank you for your time.”

It was like that before, but now he is even more difficult to meet.

Since we are in the middle of the primary, every minute and every second will be precious, and giving up your time at a time like this is in itself a huge show of kindness.

“What are you saying? Thanks to you, it’s been a while since I had a meal with my family.”

Since you have to travel all over the country to campaign, it will not be easy for your family to get together in one place, except when campaigning with your family.

“Would you mind better than that?”

“What?”

“The fact that you met me may become known to the opposing camp.”

Elections are information battles.

They will be exploring where the opposing candidate goes, what he says, and who he meets.

They must have planted a spy or two in the election camp.

No matter how secretly you met, it was bound to become known over time.

If you heard that the Democratic presidential candidate and the co-CEO of Continue Capital met, you would be quite nervous, right?

but… … .

“It doesn’t matter.”

My strength is not worrying about such trivial things.

“So what did you want to see us for?”

He probably guessed from the moment I asked to meet him that we had something important to talk about.

I said it as a joke.

“If you were expecting sponsorship, I’ll be the first to tell you that’s not the case.”

Then he also responded jokingly.

“Oh my. “I was looking forward to it, but it turned out to be a shame.”

Raising funds is as important as an election campaign.

The Republican Party has a support group called the Tea Party.

America’s traditional rich people, including oil conglomerates, provide enormous political funds to Republican candidates.

But the Democratic Party has nothing to worry about.

California is a traditional Democratic stronghold.

In particular, Silicon Valley has strong support for the Democratic Party, so much so that it is called the source of money for the Democratic Party. Moreover, there are a lot of billionaires here.

The newly rich have an open and liberal personality, and many of them support the Democratic Party.

So what about Wall Street?

New York State and New York City, where Wall Street is located, are strong Democratic areas, but there are also many traditional wealthy people who have accumulated wealth for generations.

So are they Democrats or Republicans?

The mindset of financiers is that political inclinations are irrelevant when it comes to money.

Everyone carefully analyzes the election situation and tries to bet on who wins, whether the Democratic Party or the Republican Party.

This is Wall Street.

I got to the point without dragging it on for too long.

“Do you know someone named Ming Liu?”

Senator Phillips thought for a moment and shook his head.

“This is my first time hearing this name. Are you Chinese?”

“I am Chinese-Malaysian. So have you heard of 1IDB?”

He nodded.

“Isn’t it a Malaysian state-owned investment company?”

“You know. “If that’s the case, the explanation might be a bit quicker.”

I explained as briefly as possible what I had discovered about 1IDB and Ming Liu.

He listened to me attentively without interrupting me.

Then, after I finished speaking, he asked a question.

“So, are you saying that 1IDB was created for the purpose of raising slush funds for Prime Minister Binti Lime and his associates, not for investment? And the key is held by someone named Ming Liu?”

“That’s right.”

Senator Phillips looked appalled.

“7 billion dollars… … .”

This is a ridiculously large amount, even for a presidential candidate from the world’s richest country.

So, what about Malaysians, a developing country?

This is the same even for me as a Korean.

Korea’s GDP is more than 4 times that of Malaysia, so it feels like the president made about 35 trillion won.

“so… … “Why are you telling me this?”

From what I’ve heard up to this point, it doesn’t seem to have much to do with it.

But now it is relevant.

“It appears that Ming Liu illegally donated $30 million to your campaign.”

He couldn’t hide his surprise at my words.

“Is that really true?”

“yes.”

He put down his teacup and got lost in thought.

You may be thinking about what kind of impact this incident will have.

This incident, later called the Malay Scandal, was not well known in Korea, but had a huge impact internationally.

Maybe it won’t happen in 3 years, but if it happens now during the election, wouldn’t the impact be 10 times more?

If you do not respond preemptively before something happens, you may face some repercussions.

After a while, Senator Phillips spoke.

“What do you think we should do?”

I said it as if it was obvious.

“Illegal donations must be found and returned.”

He looked embarrassed.

“This is not an easy task. “This isn’t just a $30 million question.”

Even $30 million is a huge amount of money.

The problem is that to find out this, we need to thoroughly investigate illegal donations.

Could it be that there are just one or two people who donated under borrowed names for reasons such as not wanting their true identity to be revealed or the source of the money?

“If we had to investigate and cancel all borrowed-name sponsorships, the amount we would have to give up could be hundreds of millions of dollars. There is also a high possibility that future fundraising will also be affected.”

When it comes to campaign funds, it is important to raise how much money, but it is also important to be able to raise more money than your opponent.

The opponent, of course, is the incumbent president seeking re-election.

The opposing candidate is making full use of the incumbent advantage to raise more campaign funds.

In this situation, if you make donations under a borrowed name alone, there is a high possibility that you will be pushed out of future election campaigns.

I added something.

“No need to worry. “Ming Liu also supported President Wallace’s election campaign.”