He is Already a Tycoon at a Young Age! - Chapter 5
Only Krnovel
Episode 5
Episode 5 – Kaiser? Caesar?
March 1919.
Wall Street in New York was bustling with all kinds of people.
From errand boys carrying bundles of securities to bank executives in suits.
Some brokers made money through illegal back-alley deals.
“Look over there, here comes the Kaiser.”
“Kaiser is here?”
They all looked at one man and whispered.
An unidentified German man appeared on the stock exchange a few weeks ago.
All the brokers stopped and looked at the man.
“You can make a lot of money by buying the same things as that person.”
“Shh, be quiet. I can’t hear what you’re saying.”
They naturally flocked toward the man as if they had made a promise.
“I heard that they are a member of the royal family who came into exile from Germany?”
“No, if that were the case, would you be wearing such a cheap suit?”
“I’m sure you’ve discovered a new investment technique. From what I can see…”
Even while they were talking, their eyes were focused on the man.
***
“My nickname is Kaiser? That doesn’t suit me at all.”
“That’s right. You don’t seem to have anything in common with Rain or Wilhelm.”
Kaiser.
It was a term referring to the German emperor.
The German Emperor.
The mustache isn’t even similar.
When I first got the iceberg, I was going to shave off my mustache.
‘I didn’t push it because it was trendy.’
After managing it for a few weeks, I got used to it.
Well, it’s not a bad nickname, so I guess it’s okay.
It’s not like I can change it.
Richter and I pushed our way through the crowds deep into the stock exchange.
As the days go by, more and more people are coming in.
Most of them pretended not to know, but their intentions were obvious.
“Everyone, they’re all just trying to see what you’re buying. Considering our profit margins, it’s not unreasonable, is it?”
Richter chuckled.
“To be exact, it would be your rate of return.”
This is my rate of return.
“Your rate of return isn’t bad either.”
About 15% over the past two months.
This is pretty good, but…
There’s quite a gap compared to me.
“How many investors do you think can make a thousand times their money in two months?”
“Just the two of us?”
I answered with a smile.
In percentage terms, that’s a 100000% return.
The capital, which started with a mere $200, has now grown to well over $200,000.
‘If we convert it to Korean currency in the 21st century, it would be about 4 billion.’
A huge amount? Not a huge amount, but a huge return considering the initial capital.
And that was just for two months.
‘Joseon’s Bokseokchang, famous for its rice and bean trade, made 800 times its profits in one year…’
I’ve gotten a lot better.
In fact, this level of profit was expected.
Buy stocks at their lowest and sell them at their highest.
Conversely, short selling large amounts of stocks that have reached their highest point.
My data notebook even recorded the daily rise and fall of major stocks.
It’s like I’m swimming alone, with my feet on the ground.
‘I’m really grateful to my past self.’
It was worthwhile to research the data one by one.
I gave Richter $30,000 of my profits.
Richter planned and executed the trade based on the information.
Without Richter, it would have been difficult to make this much profit.
“I just bought the stocks you mentioned. But how could I get $30,000 for it?”
“You didn’t leak the information I gave you to anyone else. That’s enough for me.”
First of all, I’m weak with numbers.
Stocks, short selling, options, things like that are a headache.
‘My major wasn’t in that field to begin with.’
Contrary to me, Richter was good at numbers and had a conservative investment style.
With excellent financial statement analysis skills.
Could you please fill in the gaps in my abilities?
“It’s the minimum profit distribution. And you can’t be satisfied with just this amount of money.”
“Are you thinking of starting an investment company?”
“There’s no reason not to. Of course, it would require more money.”
I was lost in thought.
In fact, I don’t have to worry about making a living with the money I’ve earned so far.
With a few hundred thousand dollars, you can live a luxurious life without being envious of others.
‘But who knows how history will change in the future?’
The Hitler of the original history has disappeared.
It is unknown what the future will be like without Hitler.
More money was needed to prepare for any eventuality.
So much wealth and status that no one can touch me.
This is especially true in the United States.
“Short selling should stop now.”
“Why? If I just buy the things you mention, I can make dozens of times more profit.”
“It may be good to make money now, but soon there will be an economic recession.”
A brief economic depression lasting from 1920 to 1921.
Only then did the 20s of prosperity begin.
“Then, just to prepare for that time, I should open up more through short selling… If a recession comes, wouldn’t that be better?”
“If an economic recession were to hit and I were the only one making a lot of money by short selling, would other people just sit back and do nothing?”
“Well, short selling has nothing to do with an economic recession.”
“The public thinks differently.”
Even during the Great Depression, there were people who made a lot of money by short selling.
Those people were subjected to a social lynching beyond imagination.
Besides, I’m an immigrant from Germany.
We need to be more careful, as it is easy to use him as a scapegoat in the political world.
“If that happens, you’ll be lucky if you don’t get shot.”
“Okay, I understand. Alf, if you say so, then that’s what it means.”
“…”
If an economic downturn starts, it will be difficult to make the same profits as now.
I need to spread it out wide before that.
More money, or capital, was needed.
“Did you recognize the Coca-Cola I mentioned?”
“Oh, that black juice?”
Richter nodded.
“I found out that it hasn’t been listed yet. I heard that a guy named Ernest Woodruff is forming an investment group to acquire the company. He’ll probably be planning to list it once the acquisition is finalized.”
Up to this point, I know the information.
“What is the scale of the acquisition?”
“A total of $25 million. You can invest for $5 a week.”
“Five dollars a week.”
Immediately after the IPO, Coca-Cola stock was at $40 per share.
If you invest now, you are guaranteed at least 8x the return.
If you hold one week of Coca-Cola until 2020, it’s worth roughly $400,000…
Is that ten thousand times the profit?
Coca-Cola is a guaranteed hit.
I had to find a way to get it somehow.
“I was curious too, so I tried a bottle, but it tasted weird. Do Americans like that kind of thing?”
“Yeah. And Prohibition is going to start soon.”
“What does Prohibition have to do with cola?”
“If you can’t drink alcohol, you’ll buy other drinks. The biggest beneficiary will be Coca-Cola.”
In fact, Coca-Cola sales have skyrocketed since Prohibition.
“I wish I had a little more money to invest.”
Two hundred thousand dollars isn’t a small amount, but…
Then a man blocked my path.
“Are you Adolf Hitler?”
“That’s right, but I have no intention of doing an interview.”
I answered.
Why do reporters keep requesting interviews like this?
Dozens of reporters stopped by in just one day.
“I think there’s a misunderstanding. My name is Robert Spencer and I work for JP Morgan Investment Management.”
The man took out his business card and handed it over.
JP Morgan letters in black on a white background.
“I have a proposition for Mr. Hitler.”
There was a brief silence and Richter took a deep breath.
I was surprised too.
Why did JP Morgan come to me?
***
“JP Morgan. That JP Morgan! Three, the most powerful financial company in the world. Even the Rothschilds are getting in on the action these days.”
“I understand, so don’t be so excited, Richter.”
Richter was right.
World War I caused global financial hegemony to shift from Britain to the United States.
‘Although America has not yet fully realized its power.’
JP Morgan also tried to take control of the world’s railroad networks immediately after World War II.
The current chairman is Jack Morgan, son of John Piermot Morgan.
“They clearly came to scout us. With your level of performance, you could be promoted to manager within a month.”
“…”
The restaurant Spencer guided us to was on the first floor of a luxury hotel.
There was a sign like this on the front door of the hotel.
[Chinese and Jewish envoys]
I glanced at Richter just in case, but he didn’t seem to care much.
“Anyway, they’re only banning wearing traditional clothing. It’s not like we have anything on our heads that says we’re Jewish.”
Yet, a complex and subtle expression was slightly visible.
“Let me get to the point. Mr. Hitler and Mr. Richter. How about both of you working for our company?”
Spencer said, crossing his legs.
A very familiar movement.
“Normally, we don’t come all the way to the stock exchange in person. Most of the time, we handle business through agents.”
Are we getting some kind of special treatment?
“But the reputation of both of you is also interesting to our company. We would like to invite you to the domestic investment department.”
He continued to speak.
“If there are no major issues during the three-month probation period, both of you will be appointed as full-time managers. The weekly wage will be higher than that of any other bank. Of course, there will also be a bonus based on profits.”
Richter looked half-souled.
JP Morgan is one of the most representative anti-Semitic companies.
This scout offer itself sounds like a dream.
JP Morgan.
If you go to Morgan, you can make a lot of money.
We will be managing money on a completely different scale than we do now.
‘But I can’t be tied down to the company.’
I don’t think you’ll be entrusted with a large sum of money from the beginning.
Even after being appointed manager, it was clear that I would have at least several years to prove my abilities.
There’s no time for that.
To make the most of my future knowledge, I needed a company that was entirely my own.
And as soon as possible.
‘There are two choices now.’
first.
Accept Morgan’s offer.
Well, you can make a lot of money, but it takes time.
second.
Morgan’s offer is declined.
Still, it would take a long time for me to start a company on my own.
Because I currently have little capital.
I don’t like either option.
if…
What if you could manage Jack Morgan’s personal finances?
What if you could roll some of that over for a few months, or even a few weeks?
My head was spinning.
‘Can I convince Jack Morgan to trust me with his money?’
There must be some way.
While the silence flowed, I collected my thoughts.
That’s what happened.
Information that is just right for writing now.
“It’s certainly an attractive offer. But before I make a decision…”
I leaned forward.
“I would like to speak privately with Chairman Jack Morgan.”
“The Chairman doesn’t meet just anyone. Even the President of the United States requires a separate appointment.”
Spencer said with a smirk.
The tone was like, “Why would someone like you make such a request?”
Yeah, I expected this much.
The chairman of the world’s largest financial company would not meet with a mere stock trader.
But what about this?
I took out a notepad and pen from my pocket and scribbled on the note.
“Then, could you please pass this on to Chairman Jack Morgan? It’s very important information.”
“What on earth are you writing…”
Spencer frowned as he looked at the contents of the memo.
“Are you trying to joke with me right now?”
“I recently obtained this information through my network. I was planning to pass it on to Chairman Morgan anyway, so this is a good thing.”
“I don’t think I need to talk to a crazy person like you any more. Let’s just say there was no offer today.”
He stood up and walked away with brisk strides.
I shouted at his back.
“Aren’t you curious about how I made this much money in just two months since I came to New York?”
Spencer’s steps stopped for a moment.
“Please be sure to pass this letter on to Chairman Jack Morgan.”
“…I’ll pay for the food.”
After answering like that, Spencer left the hotel.
“Alf! What on earth, what did you write for him to do that? Did you write a love letter to Chairman Morgan or something?”
“A love letter. That must have been fun.”
I answered with a smile.
The note he handed to Spencer was simple.
“They are warning us that there may soon be a terrorist attack in front of the Morgan Bank.”
“terrorism?”
“To be precise, I would say it was a bomb attack.”
Wall Street bombing.
How do you think Jack Morgan will react when he reads that letter?