The Genius Investor Who Picks up The Conglomerates - Chapter 348



Only Krnovel

Episode 348: Ipoipo (以暴易暴)

‘Yeonla’, a Korean restaurant at the Baekje Hotel in Seoul.

“Nice to meet you. I didn’t know you’d come here so soon.”

“That’s right, Representative Song. It’s been a while.”

Chairman Shunsaku bowed with an expressionless face in response to my soulless greeting.

The wrinkles that were deep like furrows and the disfigured face seemed to show how much suffering he had endured.

“Anyway, I’m glad you weren’t hurt.”

“Fortunately, I was staying in Kyoto, so nothing major happened. I guess Heaven has no intention of taking this old man away yet.”

Kyoto was a relatively safe area in Japan because it was far from Mt. Fuji and the aftermath of the tsunami did not reach it.

We may not know it, but it was clear that when the disaster occurred, he would have headed to Kyoto by any means possible.

He was a person who valued his life more than anyone else.

“Anyway, why did you find me in such a hurry? You had to take an uncomfortable ship when you couldn’t even fly.”

Yes. It was Shunsaku who urgently requested a meeting, but when he expressed his opinion that he had no intention of going to Japan due to the risk of aftershocks, he readily said he would go himself and took a ferry to Korea.

“Shouldn’t someone who is thirsty find a well?”

“Is it possible for someone of your stature, Mr. Chairman, to be thirsty?”

“I didn’t think it would happen, but it happens unexpectedly. I learned once again that things in the world are not something that can be determined by mere humans.”

Chairman Shunsaku was not being harsh for no reason.

In fact, the Suyomi group was in such bad shape that it wouldn’t be surprising if it were torn apart like this.

The area where the inventory warehouses and production plants of Susumisi affiliates were concentrated were submerged in water due to the tsunami, and facility operations were halted due to volcanic ash from Mt. Fuji.

To make matters worse, due to the Japanese stock market plummeting, even Susumisi Financial was in a difficult situation.

“Well… I heard a rumor that things were not going well. It’s unfortunate that Suyomi’s group, which was popular, ended up like that, but was there any reason to come to me?”

I pretended not to know and asked vaguely.

Of course, this was possible because I was completely in the top position.

“Before that, I would like to ask CEO Song one thing.”

“What are you curious about?”

“A while ago… the day I first met… Representative Song said that Japan would be ruined. How far ahead were you when you said that?”

There was deep confusion in his old eyes.

I know it makes no sense, but the growth rings of the life I have created so far speak volumes.

The investor in front of me who couldn’t understand must have somehow thought things would turn out this way.

“You may be making a strange misunderstanding, but what I was predicting was a temporary decline in the Japanese stock market, which had risen rapidly in a short period of time.”

“Do you mean to buy 20 billion yen worth of put options just based on that level of prediction?”

“There is a saying that ignorance makes you brave. Since I was only investing in venture investments, I overlooked the scary nature of derivatives. When I actually invested, I honestly regretted it. Although I did it with spare money, I almost lost all my money. In fact, in the beginning, I invested a huge amount of money. “I was basically giving up, but I really didn’t know that a major earthquake would hit Japan all of a sudden, so how could I have known about it and invested in it?”

In response to this extremely valid and reasonable rebuttal, Shunsaku could not say anything and just chewed his lip.

Even though I know that I have no choice but to admit what I said, it may be that I cannot easily accept it because there is something strangely annoying, like a thorn in my neck.

There was absolutely no way for Shunsaku to know that he had predicted Japan’s disaster through the Japanese flag he handed over.

“You said that Japan was going to fall as if it was obvious, so I thought about it. Hehehe. I guess I’m getting old too. I haven’t slept well for the past few days, so I guess I’m going back and forth.”

In the end, Shunsaku reluctantly nodded.

“You may not know it, but the Japanese stock market has plummeted, so you must have made a big profit.”

“I have no desire to brag about this because I earned it through the suffering of someone else’s country. To be honest, I didn’t earn it through my own skills, I just got it by luck.”

-Grrrrrrrrrrrrrrrrrrrrrrr.

Just then, the door opened and employees brought out food one after another.

Chairman Shunsaku continued speaking without hesitation.

“I am a person who believes that luck is also a skill. Although others may not know, I am well aware that luck does not come to everyone.”

It seemed like he had another ulterior motive in continuing to overuse meaningless idioms.

“Your words seem to be going round and round. What exactly do you want to say?”

Since I hated procrastinating needlessly, I asked straight out what I wanted. Shunsaku’s answer to this is:

“I have something to ask CEO Song.”

I can’t believe Shunsaku Sagami of all worlds uses the word ‘sincerely’.

If Japanese businessmen or politicians had seen it, they would probably have drooled in shock.

This is because the position of a giant named Shunsaku Sagami was absolute in Japan.

“Would someone like Chairman Shunsaku have anything to ask a mere investor like me? Let’s see.”

“I understand that the profit that CEO Song earned this time through put option investment is about 3 trillion yen.”

You may ask how he knows other people’s profits, but there’s nothing that Chairman Shunsaku couldn’t figure out.

“So?”

“Do you plan to spend that money right away?”

It was a trend that was somewhat expected.

It was also a situation I had been waiting for.

“I’m thinking about it from various angles. I don’t have to spend that much money right now, but you never know. If you have money, you can spend it anywhere, right?”

The wrinkles between Shunsaku’s eyebrows deepened due to the nuance that he could change his mind at any time if he made a mistake.

“I’ll just tell you straight. Why don’t you just deposit the money for about 5 years? We will guarantee the interest rate at the highest level of any commercial bank.”

It was an unconventional proposal in many ways, but my expression was sour.

“Well, it doesn’t seem like it has much merit.”

“Why? It clearly has the highest interest rate among commercial banks…”

“Chairman, you seem to have forgotten what I do. Do you know what percentage of return I achieve per year through venture investment?”

As if he had nothing to say, Shunsaku’s mouth closed tightly with the Chinese character 一.

“If you are just thinking about returns, it would be much better to just take that money out and go to Silicon Valley.”

“Venture investment is dangerous…!”

“Well, I’ve never failed in a venture investment yet, so it doesn’t really affect me.”

It may have sounded unlucky, but Shunsaku’s mouth fell shut again because it was a flawless fact.

This time I asked Shunsaku.

“But it’s strange. 3 trillion yen? Of course, it’s a huge amount of money. Even so, it’s not an amount that a major bank like Suyomi Financial can’t handle, right?”

No, you won’t be able to handle it.

I don’t know if it was Suyumi before the catastrophe occurred, but the situation was completely different now.

The Japanese people, who felt fearful of successive natural disasters, had a strong desire to secure cash rather than deposit it in banks, so naturally Susumisi Financial’s financial resources would have dried up.

Moreover, there was a high possibility that the warehouse would be empty as they were trying to extinguish the urgent fire of Suyomi Heavy Industries and Automobile.

“If there is an easy way to go, wouldn’t it be right to take that path? As CEO Song knows, Japan’s economy collapsed due to a terrible disaster, and among them, the Suyomi Group was hit the hardest. Of course, Suyomi Financial owns overseas “There is no problem with liquidating just some of the assets, but wouldn’t it be much more beneficial to seek a method that benefits both parties rather than causing unnecessary misunderstandings?”

I’m trying my best to pretend to be calm, but I can see it.

The old fox’s unconcealed nervousness.

If there was even a rumor that Susumisi Financial was disposing of its assets, the Japanese economy would fall into another Great Depression.

People in fear will run to the bank to withdraw cash because the largest bank in Japan and the most reliable bank will be advertising that there is a problem with the flow of funds.

This meant that a so-called nationwide ‘bank run’ could occur.

“Well, as I said before, it doesn’t seem like there’s much benefit to me.”

“It may seem that way at first glance, but if you look at the situation in the long run, the story will be different.”

“Hmm… I’ve seen it for a long time…”

Chairman Shunsaku lowered his posture and spoke to me in a whisper.

“Despite being hit by two terrible disasters in a row, Japan will never collapse. I’m not just saying this because it’s the mother country. Rescue teams from all over the world are arriving one after another to Kyushu, which was less affected by volcanic ash. The total number of victims is over 10,000 people from 42 countries. It’s the scale of.”

Shunsaku’s posture changed little by little from before.

“More than anything, the United States will eventually release a huge amount of capital to support Japan. Why is it doing such a thing? It will be an inevitable choice to prevent the expansion of China’s power. And if the United States moves, many other investors will naturally join Japan. The enormous amount of money raised will be used to cover Japan’s recovery costs, and in the long run, it will serve as a catalyst for economic growth, but ironically, it will also contribute to Japan’s GDP recovery from the Great Kobe Earthquake. “Increased by more than 2%, which means that although these disasters may hurt the market in the short term, they may ultimately serve as an opportunity to boost the Japanese economy.”

“So what’s the conclusion?”

“No matter what happens, Japan will recover and eventually regain its former glory. And if Representative Song helps in that process, we, Suyomi, will never forget that.”

The words themselves were extremely verbose, but the point was to ask for convenience only until a certain level of internal stability was achieved.

“In the end, doesn’t that mean you should only look at the future and take losses when you don’t know what will happen? I’m not a bigot, that’s not it. In business.”

When the seed didn’t work, Shunsaku’s face became as hard as ice.

Shunsaku asks me with a cold expression.

“Then what does CEO Song want?”

When the question I had been waiting for came, I answered without hesitation.

“I will buy the shares of Suyomi Financial. Let’s hand them over cleanly.”

As he received back exactly what he had said, Shunsaku’s face began to turn red like Mount Fuji before it exploded.