He is Already a Tycoon at a Young Age! - Chapter 15



Only Krnovel

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“Yes, stock and index investment is under the responsibility of Mr. Han Jun-ho, but investment in the UK composite stock index is related to short selling of the British pound, so Mr. Ham Dae-gil is in charge. And the investment must be made as an investment corporation, not as an individual.”

Mr. Park Seon has already established an investment corporation called Korea Investment Corporation.

‘From now on, all investments made in this office must be made through the Singapore Investment Corporation and the domestic corporation, Korea Investment Corporation.’

For the time being, I plan to completely hide myself.

“Yes, I understand.”

When will the British pound crash?

‘I think it was around September of this year.’

Then there isn’t much left.

My first investment profit will probably come from shorting the British pound.

“Jisung, let’s take a break.”

Mr. Park Seon, who has been silent until now, seems to have something to say to me.

“Would you like to do that?”

“I hope so.”

“Yes, I understand.”

I got up from my seat and went into the room so that Mr. Park could talk to me comfortably.

“Jisung-ah.”

“Yes, sir.”

Not long ago, the marriage of my great aunt and Mr. Park Seon was officially announced.

Everyone was surprised.

“Investing in derivatives related to the Nikkei index plunge is a risky investment that is no exaggeration to say a gamble.”

“That’s why the yield is high.”

“The expected return is just an expected return. If it fails, it will be a blemish on you, Ji-seong. There will be controversy over you making an excessively risky investment as the fourth generation of a conglomerate.”

“No one will know whether I succeed or fail in my investment. I am investing as a corporation, and neither the Singapore corporation nor the Korea Investment Corporation have any connection to me.”

“But, Chairman, you know, you didn’t tell me and Miss Misun that your goal was Samjung Group, but we all know that it was. The Chairman wouldn’t be happy if his grandson failed by making a reckless investment.”

“You are wrong.”

“Am I wrong?”

“Yes, my goal is not simply to become the next CEO of Samjung Group. What are the chances that my biological father will become the CEO of Samjung Group?”

“Your father is the chairman’s eldest son.”

“My grandfather was my great-grandfather’s third son. From what I’ve seen, my grandfather is someone who tries to resemble my great-grandfather in some way. So I don’t think there will be an unconditional primogeniture. In that sense, my second uncle has an advantage over my father.”

“Hmm.”

“The reason I am making such a risky investment is to become a strong white knight for my father. Will there really be a peaceful succession in a conglomerate? In the end, a war for shares will break out through capital. At that time, it will be important to see who can secure more shares.”

“You’re right. But this investment is risky. And shorting the British pound may be riskier than you think, even riskier than investing in derivatives.”

“You have decided to be a safe brake for me, sir.”

“Someone has to do it.”

“That’s right.”

“Anyway, short selling is dangerous.”

The reason why shorting the pound is dangerous is simple.

Short selling is a method of making a profit by borrowing 1,000 won and not holding even 1 pound, selling it in advance, and waiting for the price to fall to 1,000 won.

If the pound you bought for 1,000 won rises to 2,000 won, you will have no choice but to sell it for 2,000 won to repay the borrowed stock.

Conversely, if the pound you bought for 1,000 won falls to 500 won, you will repay the borrowed stock and make a profit of 500 won.

So, those who want to prevent the pound from falling have no choice but to resort to desperate measures to defend themselves.

“The entity you are dealing with is a nation.”

“The one who jumped into that country was a big hedge fund. I will trust Mr. Ham Dae-gil’s judgment. He will not fail. In reality, I am just putting my spoon on the table set by the big hedge fund. The rest will be taken care of by the big hedge fund.”

“Are you really going to do it?”

“It is already in progress.”

“Ha, I don’t know if I can be your safety brake.”

This time George Soros beats Britain.

‘And I beat the British government in 1998.’

I’m going to beat George Soros.

I don’t know the future.

“Are you going to the countryside with your aunt today?”

“That’s what he said to do.”

“Can I come with you?”

“you also?”

“I guess I’m a bit hesitant to go to my grandmother’s house. I might look like a mole.”

Mr. Park Seon’s expression became bewildered at my gloomy words.

“The 4th generation of the conglomerate is a bitch, ha, hahaha!”

* * *

That evening, in the reception room of the Samjeong Group Chairman’s residence.

At the call of the Chairman of Samjeong Group, the Chairman’s second and third sons each brought their sons to his hometown.

“Is your brother still on a business trip to Japan?”

The second son, who is the president of Samjung Life Insurance, asked the chairman of Samjung Group.

“He said he went to sign a contract for a key component to be put into a mobile phone.”

“Father, I also heard that color LCD mobile phones have technical problems and I think it is still premature. When we folded City Phone, we suffered a loss of more than 100 billion.”

“Do you want your brother to fail again?”

“Absolutely not. I’m just worried that you might fail again.”

“Okay. How about the water products?”

“The ongoing projects are progressing without a hitch.”

“Then that’s fine. I called you because I thought opportunities should be equal.”

“yes?”

The look in the eyes of the second son of the Samjung Group chairman has changed completely.

“We should give Seunghyun and Seungsoo a chance, not just you.”

“What do you mean, Father?”

The third son of the Samjung Group Chairman also asked the Samjung Group Chairman.

“I’m thinking of giving Seunghyun and Seungsoo 1 billion won each. Invest that money in anything. If they’re my grandchildren, they should have some ability. They must have studied economics and received some management lessons from their fathers. Let’s see how well they do.”

Everyone was surprised when the chairman of the Samjung Group said this.

And Ji-seong’s biological mother, who came out of the kitchen with the fruit, couldn’t help but be worried when she heard this.

Because my eldest son fell into this position.

“Do you have anything to say to me, Mom?”

As expected, the chairman of Samjeong Group was able to see through other people’s minds.

“No, Father.”

“Tell the terrain to come down too.”

Jihyeong was the eldest brother of Jisung and was busy hiding to avoid getting scolded by his grandfather.

“Yes, father.”

It was Ji-seong’s biological mother who was finally smiling slightly.

* * *

George’s room.

“why?”

“How long are you going to hide and avoid your grandfather?”

“I wasn’t hiding from my grandfather.”

“Even if you say no, other people see it that way.”

“I just like reading books quietly.”

Ji-seong’s biological mother was frustrated by her eldest son’s words.

‘Even if only Ji-seong resembled him half as much.’

Ji-seong’s biological mother was worried about her eldest son, Ji-hyeong.

“Listen carefully to me, you can’t do this. Your brothers and cousins ​​will try to take away what you have. So, in order to protect it, you have to show your grandfather your ability. Do you understand?”

It was Ji-seong’s biological mother who showed a scary expression for the first time.

Jihyeong frowned at the sight of his mother like that.

“···all right.”

The terrain inevitably went down to the first floor.

The chairman of the Samjeong Group was waiting for his eldest grandson to come down.

“I’ll say it again, I’ll give you three a billion. Invest it, and I’ll see the results in a year. And I’ll warn you, don’t come forward to help. Just give each of you one person to be your secretary.”

“father?”

“They say you can tell a tree’s future from its cotyledons. If it’s my grandson, he must be a promising cotyledon.”

“What’s the prize money?”

Cho Seung-hyun asked cautiously.

“prize money?”

“There’s a prize if you win.”

“It’s a prize, so that’s good. The winner gets 1% of Samjung Trading Company’s shares as prize money.”

Everyone was surprised by the words of the Samjung Group Chairman.

“Let’s check back in a year. By the way, Ji-seong will also be participating in this investment competition.”

Of course, intelligence was ahead.

* * *

Mr. Park Seon’s country house.

It was really just like the countryside.

It’s surprising that there are still kitchens that don’t use gas stoves but rather light a fire in a fireplace.

“Is this your first time here?”

Mr. Park Seon’s mother literally couldn’t say anything carelessly because she knew whose daughter her great aunt was.

“Please listen to your mother.”

“It’s difficult for me to do that, because she is too precious a daughter of the family.”

“I would appreciate it if you thought of me as just an ordinary daughter-in-law.”

“I want to do that too, but my sister-in-law and brothers-in-law told me that I absolutely must not do that.”

Mr. Park Seon is the eldest son.

And there were three younger siblings below who were already married. Perhaps they had seen the news or newspaper and told their mothers-in-law about their aunt.

“If you do this, I will be more uncomfortable. I just want to be an ordinary daughter-in-law to my mother.”

After my grandmother spoke to my great aunt, she glanced at me sitting next to her.

“Is this your son?”

“He is my nephew, but legally he is my adopted son.”

“Grandma, do I look like a mole?”

“bump?”

“Yes, it was a blessing that the kind old man had.”

“Hohoho, that’s a lot of talk.”

“When you come to a rural area like this, don’t you roast sweet potatoes or potatoes in a stove and eat them?”

“Would you like some baked sweet potatoes?”

“Yes, Grandma.”

“Daughter-in-law.”

“Yes, Mother.”

“I’m just a country girl, so I don’t know how the world works. I just want the two of us to live happily and smile. If you’re greedy, there’s no end to it. My daughter-in-law is a more amazing person than I am to brag about my son. I don’t know about anything else, but I’d be grateful if you could attend my father-in-law’s memorial service.”

“Yes, I understand. And, Mom, I have a favor to ask of you too.”

“What is it?”

“Please stop talking. Treat me like your other siblings.”

“Is that okay?”

“That way I feel more comfortable.”

“Then, then. Oh my, I thought Seon-i would die without seeing her partner, but seeing her like this makes my wish come true.”

“Grandma, it’s a sweet potato.”

“Hohoho, you’re a lucky charm. Doesn’t this old lady stink?”

The hidden meaning of this saying is that the other grandchildren born from Mr. Park Seon’s younger siblings did not go near their grandmother because they thought she smelled like her body.

‘Your fingernails are black.’

If you work the fields too hard, it will turn out like that.

“It smells, it smells like grandma’s savory scent, hehehe~ I want to eat some roasted sweet potatoes.”

“Hohoho, okay, let’s go.”

So my grandmother and I went into the kitchen.

Grandmother went to the mine and brought back sweet potatoes and put them in the stove.

“Is this your first time lighting a fire in the fireplace?”

“In the old days, everyone lived like this.”

“Did everyone live like this?”

“That’s what they said. Hehehe!”

I put sweet potatoes in the stove and sit in front of it, holding my grandmother’s hand, which is stained black, and looking at the fire inside the stove.

“You really are so thankful, hahaha!”

“Can I come to my grandfather’s memorial service?”

“why?”

“There’s a lot to eat at the ancestral rites, hehehe!”

“Yeah?”

From what I’ve seen, it seems like Mr. Park Seon’s character was inherited from his grandmother.

‘What a nice person you are.’

* * *

Episode 16