Chapter 67
Donghak ant movement
The US has declared a national emergency.
Economically, the aviation, travel, and hotel sectors were hit hard, resulting in massive unemployment.
700,000 nonfarm jobs were lost, and the unemployment rate increased by 0.9% in one month.
A disaster in which automobile, furniture, and real estate transactions decreased one after another, and even factories stopped operating.
It was at that point that I invested $12 billion.
―Gazuaaa!
– I got paid. Jeonse fund loan hit. Of course, the negative bankbook was inserted. I sold the car and put it on. Aren’t you going to hit it again?
– Up!
-zero!
-car!
-zero!
-car!
It was like looking at a coin bulletin board.
stock bulletin board.
In Korea, the Donghak ant movement was taking place.
As the corona spread from January, foreign investors left the Korean stock market en masse.
The downtrend caused by the pouring sales continued, and individual investors began to buy stocks.
“How long are we ants!”
“The forces do it, institutions do it, and foreigners do it!”
“I’m sick of doing the dishes.”
“Let’s protect our rice bowls!”
A small, incompetent, pitiful ant.
The ants that had been stepped on here and there came forward and bought a huge amount of stocks in the market.
It was a development that financial institutions and dark-haired foreigners could not have imagined.
-Now is the bottom.
―Someday it will rise!
―10% Beam!!!!
―Wow, wow!
―We protect the KOSPI.
Representative Korean company.
Donghak ants bought stocks in Lee Sung Electronics and Mirae Motors. Ants are actively investing in pharmaceuticals and bio stocks.
In addition to their knowledge of the economy, they had a strong will for investment.
‘It’s fun.’
The Donghak ant movement seen in the Korean community.
Instead of ignoring it, they invest trillions of won to buy stocks whenever the KOSPI declines.
Because of these new phenomena, the stock market is completely unpredictable.
If that were possible, global investment banks like JPMorgan would have swept their profits.
The reality is that big banks and hedge funds are going bankrupt because they misjudged for a moment.
Financial institutions that manage trillions of dollars were basically very greedy for returns.
It invests aggressively at risk, and only 12 years ago it caused a financial crisis in the United States.
‘Donghak ants are not swept away by foreigners or institutions. It must be thanks to my increased financial knowledge and patience.’
I bought the New York Stock Exchange for $12 billion and a call option for $500 million.
I also felt like a Donghak ant.
And while browsing the community, I found my name.
―[Title] I heard that Kim Shin invested a lot of money in the New York stock market.
It was a title you couldn’t help but click on.
[Kim Shin is sweeping the Tesla. We are actively buying some stocks that have suffered significant declines.
Rumors spread that JP Morgan had a big deal with Shin Kim.
Is the legendary legend Kim Shin-hyung with us?]
└Is it real?
└Don’t gossip
└Who knows what Kim Shin is doing?
└ Located in Manhattan. Not an investment company. Rumors on this floor are very fast.
└ It is a fact that Kim Shin is in New York. I heard you buy canned coffee and meat at Korean supermarkets.
└ It was funny. People with at least 15 trillion won can compare prices and choose discounted canned coffee.
“Kuhm.”
Other people took pictures of me buying canned coffee.
I’m not a celebrity, and I can ask them to delete their photos, but I didn’t bother to do that.
Thanks to that, memes where people choose canned coffee and change it to a discounted one became popular in Korea.
‘I can’t stand 1+1.’
I made a lot of money, but the food I ate all my life wasn’t going anywhere.
While in the US, I felt the pressure to eat all of the fried eggs or sausages.
└Kim Shin has a different class than us. We are ants, and he is a giant whale.
└ I heard you have a lot of bitcoin.
└ It’s just cut. You said you sold them all before?
└ If Kim Shin bought it, would it be worth looking forward to?
└Don’t believe too much in the success myth of investing in YouTube. Exaggeration would be significant.
└Put options were real. Account verification was also performed at the time.
└ If this investment is successful,
It was fun to look up the name on the bulletin board, not the video on YouTube.
‘If the investment fails this time, it will be embarrassing.’
Are there any risk-free investments?
An investment that follows the sense that an opportunity has arrived.
“yes. The British economy isn’t doing too well either. I am paralyzed in Italy.”
Ellie lived on her computer and phone all day.
It was rare for her to take off the headphones and microphone she was wearing on her little head.
“I sold oil companies before they fell in earnest. I think it will be difficult to recover within this year. The department store industry… … .”
As much as he helped me with my work for a few days, I diligently give briefings on investment while making phone calls to other clients.
When I reported the loss, I was severely cursed and briefly shed tears.
She hesitates on what to comfort her, but soon bravely calls another customer.
‘He works hard.’
I came for Ellie, who was alone in New York, but there was nothing more to do here.
Every day, she worked from home, and all she did was spend time watching and cooking.
“I’m thinking of going back to San Francisco tomorrow.”
“okay? That’s too bad.”
Between brief meetings and farewells.
There was an ego that had been formed for a long time, not in the twenties, but in the teens or earlier.
Reading books alone, going to school, making food, and worrying about money.
I’ve gotten used to being alone, and I don’t trust people that much.
When you get married, other people do it too, so I think I did it with Han Chae-won.
‘I’ve never been in real love… … It doesn’t seem to exist.’
It’s not entirely Han Chae-won’s fault that she doesn’t trust people.
Although it will be 98% of her fault.
“Meow.”
That night, a cat came to bed wearing a thin slip.
I had a more intense night because I couldn’t see him again for a while.
* * *
―Park Hwa-young: I am the assistant manager! What should I do? Should I keep buying puts? The stock market is going down, so that’s right?
―Go Bo-kyung: I think it will continue to decline because of the corona.
Arkor’s group chat room.
There were female employees, and male employees also eagerly expressed their opinions.
―Lee Jung-shin: My thoughts are also foot! Until now, thanks to my trust in the manager, it has been a jackpot.
―Jung Chan-soo: Senior Kim Shin said that the stock market would go up. Wouldn’t the puts be good for now until this week?
―Park So-jin: It seems good to go straight with the current flow ^^
―Go Bo-kyung: Because Kim Shin-senpai told me to just bear in mind.
Looking at the opinions of several employees in the group chat room, Na Sang-guk was lost in thought.
‘These fools. He’s conceited that he’s earned a little.’
The past self, which was only a puppy for a day, came to mind.
I couldn’t believe what Kim Shin said, and I kept putting ripples, but what happened?
I’ve never seen an asset fall so fast in the world.
Na Sang-guk used a computer to write in a group chat room.
―Na Sang-guk: Hmm. Even if it’s not, I was trying to say
―Na Sang-guk: The stock price has fallen a lot so far. The decline was greater than the value of the company.
―Na Sang-guk: I was thinking that the flow of the market could change gradually.
―Na Sang-guk: But it seems that Kim Shin, who is also a better player than me, correctly grasped the timing and started investing.
―Na Sang-guk: As of this time, I will switch to call.
―Park Hwa-young: Yes?
―Go Bo-kyung: Really?
―Na Sang-guk: I will go with an active buying position.
Na Sang-guk did not pay more attention to the group chat room and started with a stock trading program.
I was going to shut up and buy it.
In the stock market, father and mother. He even trusted Kim Shin more than himself.
“God of investment. Please again!”
* * *
San Francisco.
As soon as I got back on the private plane and returned to the mansion, the phone call didn’t stop.
—This is Harry Buchanan. I contacted you as a shareholder of our company.
hundreds of millions of dollars.
Companies that have invested more than $1 billion have been contacted directly by their CEO or chief financial officer.
“It was judged that the stock price was low compared to the company value. There is no thought of participating in the board of directors.”
―That’s right.
I wouldn’t even get a call like this if I invested quite a bit.
It seems to have become quite a whale in the stock market.
I haven’t been contacted by really large companies like Google or Apple.
“You invested a huge amount of money in the New York stock market this time.”
PD Seong Ho-jin.
In the evening, there was an interview with the filming team that we couldn’t film while in New York.
Rumors have already spread that I bought stocks, so this question came up.
“yes. you’re right. It was based on the judgment that the decline in the stock market due to the corona was excessive.”
“How much did you invest?”
“I bought $12 billion of stock and put $500 million in call options.”
“The units are really different.”
Producer Seong Ho-jin, the writers, and the cameramen put on a bewildered expression.
A deployment that costs $12 billion in one fell swoop.
“I bought various stocks. The stock market may fall further due to fear sentiment right now. However, I think this is a buying opportunity, and we will have to wait and see how the stock price will go in the future.”
While filming the part to be uploaded on YouTube, I did not talk about specific sports.
This is because it can be criticized for manipulating stock prices by encouraging people to invest.
He discreetly expressed his views on investment and stressed several times that the stock market was still in a dangerous state.
“I will register today’s video right away.”
“Right?”
“These days, full videos are popular. In particular, the CEO’s investment is very important content.”
whether it goes up or down
Since they invested more than 12 billion dollars, it is inevitable that they will receive attention from the Korean media and the public.
〈Kim Shin, large-scale investment in the New York Stock Exchange〉
〈[Breaking News] Kim Shin’s position that the decline in the stock market is excessive due to corona concerns
〈The richest man in Korea, Kim Shin, “The worst is over.”》
〈Kim Shin judged that the stock market had bottomed out〉
〈Kim Shin, “There is only one thing left to do!”>
As soon as the video was uploaded to YouTube, there was no time to check the comments.
In less than 10 minutes, articles from domestic media are pouring in.
‘It’s really beyond my imagination.’
Even if it were internet newspapers, even the headlines of major newspapers were irritating.
〈[New York Stock Exchange] Shin Kim, “Buy undervalued IT companies!”
〈Advice from Shin Kim to Donghak ants. “US Stock Market Gaza!”
〈Kim Shin, Investment in Crisis. An invitation is coming
“Did I say this?”
Every time I said a word, I was deliberately careful.
Looking back at YouTube, I don’t think it was this much of a nuance.
It happened anyway, and it is true that I bet on the prospect that the New York stock market as a whole will rise.
‘If the stock price goes down, I’ll get some bad words.’
Originally, most stock experts are wrong, so there shouldn’t be much of a problem.
And slept through the night and woke up.
I woke up in the morning, had breakfast, and tried to play ranked games.
Unable to overcome my curiosity, I tried accessing my stock account.
‘There will still be some time to hit the bottom. Wouldn’t it decline for the time being?’
Buying a stock completely off the floor is greedy. Therefore, an additional decline of 10 or 20% was in mind.
―Total assets: $12,952,873,142
During the investment of 12 billion dollars, the stock price fell slightly.
So, in one day, his fortune increased by $ 1,015.24 million.
“Has the money increased this much?”
Assets of more than 1 trillion have increased.
To find out what had happened, I accessed the US economic newspaper on my cell phone and looked at the article.
〈Dow Index, 1,000 point jump start!〉
〈Deaths Decrease in New York State, Dark Tunnel Passed〉
〈Corona 19 Serious Expectations, OPEC Agreement to Cut Production〉
〈Boeing, Apple, etc. All stocks rise〉
〈U.S. pharmaceutical company Gilead Sciences to increase production of remdesivir for corona treatment〉
〈Former Federal Reserve Chairman Allen, “Congress should be allowed to buy Fed stocks”>