He is Already a Tycoon at a Young Age! - Chapter 104
Only Noblemtl
#104
The palace of a Saudi Arabian prince.
The president of a U.S. Pacific investment corporation was meeting an old Saudi Arabian prince.
“The largest shareholder of Pacific Investment Corporation wants to meet me?”
“Yes, that’s right. Our representative said that we should think about the future of Saudi Arabia.”
“Why would a Korean capitalist do that?”
In fact, there was quite a bit of lobbying before this position was created.
“The representative judged that Saudi Arabia’s future lies with the prince.”
“You only say things that I like to hear.”
“You even said something embarrassing to hear.”
“What is that?”
“Saudi Arabia’s greatest weapon is crude oil, but it will soon run out.”
“Allah’s blessings are finite.”
“The prince, the future of Saudi Arabia, said it was time to make new preparations for that future.”
“What does that have to do with getting my money back from the hedge fund?”
“That hedge fund is also receiving investment from Jewish capital. Saudi Arabia is not denying Israel in order to check Iran because Iran is in a standoff with Israel, but if Jewish capital grows, the situation will change. Israel’s military power and the influence of its capital will have a greater impact on American politics.”
“Saudi Arabia does not officially reject Israel.”
“It won’t hurt the prince if you meet him. I think it will be of great help to the little prince’s future. In addition, our CEO has already achieved success as an investor at the age of 12. He will definitely provide a lot of inspiration to the little prince.”
The little prince that the American corporate branch manager was talking about was Bin Salman.
“I heard that story from my close associates. They said he was an amazing person.”
“Would you like to meet?”
“What will you gain from meeting me?”
“I will be honest with you because the CEO told me not to fool the prince. He said it was a card to pressure George Soros and that he would propose a business that would bring light to Saudi Arabia.”
“A business that becomes light?”
“Yes, he said that together we can solve Saudi Arabia’s biggest problem at once.”
“What is that?”
“It’s the depletion of groundwater. He said that he has a way to solve the problem of groundwater depletion and to revolutionize Saudi Arabia’s agriculture. He said that we must meet him again for that.”
“A revolution in agricultural methods?”
“Yes, that’s all I know.”
“Okay, meeting you isn’t a bad thing. I heard that your CEO is part of the Samjung Group and is also the largest shareholder of the Taean Group. It must have been Allah’s blessing that you were able to achieve that at such a young age.”
“Thank you. This is also a blessing from the prince.”
“You are just flattering, and flatterers eventually become swindlers. Outside Saudi Arabia, a slip of the tongue is just a slip of the tongue, but inside Saudi Arabia, a slip of the tongue to the royal family can get your tongue cut off.”
He was an old Saudi Arabian prince who made a slight threat.
“I will not be disrespectful.”
“Okay, back off.”
“Yes, Your Majesty.”
The president of the US Pacific Investment Corporation came out of the Saudi Arabian prince’s office.
I immediately called Ji-seong.
Click!
-What is it?
“The Prince of Saudi Arabia would like to meet with you, sir.”
-The Saudi Arabian prince met me and told me that he might change his investment company?
“I didn’t say that much.”
-Thank you for your effort.
Stop!
Ji-seong hung up the phone.
The president of the US Pacific Investment Corporation had the impression that Ji-seong was meeting with George Soros.
‘Pressure cards.’
* * *
George Soros’s office.
After finishing the call with the branch manager.
I smiled at George Soros. Of course, George Soros’ expression did not change.
We know that the old prince of Saudi Arabia does not change his investment corporation in an instant.
“It’s not powerful enough to be used as a pressure card.”
“The fact that you said that to me first means that there was some shaking. In the United States, beavers often change the flow of rivers by building wooden dams. They say that is a social problem these days.”
“Why are you suddenly saying that?”
“They say that beavers are more capable than most people think of when it comes to building wooden dams, but at first no one paid attention. But when the river changed course, people realized that beavers are amazing.”
“Are you a beaver?”
“Just as a small beaver can change the flow of a large river, I can change the flow of investors’ money, of course not right away. Also, if Pacific Investment Corporation makes investments and achieves investment results, global capitalists will entrust me with their investments after seeing the results. One of them could be George’s client.”
“You can try it.”
“I will stir up trouble. I will shake the Saudi Arabian prince by saying that he is investing in a hedge fund that is run by Jewish capital after he found out about it. In my opinion, the Saudi prince does not have to be you, George.”
“Then we become enemies?”
This is George Soros, who even shows a smile.
“They say that the expected loss I could incur this time is $5.5 billion. At $5.5 billion, even the closest of friends can become enemies. Of course, the current situation is quite advantageous for me. Everyone except you, George, has withdrawn.”
“If I close my contrarian bet here, my loss will be $300 million.”
“That will happen.”
“I told you I had no intention of preserving that loss.”
“Yes, but instead, I will not be your enemy. I will be your friend.”
“To an investment manager, a friend is someone who provides benefits.”
“What if I give you the opportunity to pursue that interest? Are we friends?”
“You said you wouldn’t cover the loss?”
“George, that’s your loss from a bad investment, so there’s no reason for me to protect it, but I’d like to introduce you to a new investment.”
“Would you like to own a private investment bank with me?”
“Private investment bank?”
“Wouldn’t you like to become the major shareholder of a casino hotel again?”
When we mentioned the casino hotel, George Soros’ expression changed completely.
“Owning a private investment bank or owning a stake in a casino hotel is profitable in the short term and in the long term. Hedge fund investors have to move every day, like a hungry hyena, to find a piece of meat called profit. But if you invest in both and become a major shareholder, you don’t have to do that anymore.”
“That’s true.”
“You will take a loss of 300 million dollars and join hands with me to become my friend.”
“You want to own the Bank of the Republic of Korea?”
“No, it’s Thailand. We have been approved to establish a private bank in Thailand, an investment bank to be exact. If you invest $10 billion, we will transfer 5% of the shares of the Thai private investment bank.”
“Investing 10 billion dollars and only transferring 5% of the shares?”
“That’s a lot to give too.”
“Why is that?”
George Soros, being a veteran, was hardly excited.
“There is something in Thailand that is absolutely untouchable.”
“That’s the king.”
“Yes, the King will be one of the major shareholders of all the businesses I will conduct in Thailand. With the capital power that George and I have, we can control Thai finance and economy. Also, with my grandfather’s Samjung Group and Taean Group, of which I am the largest shareholder, we can create about 1 million jobs in Thailand and change Thai society through those jobs. There are 1 million employees and about 5 million direct family members who have no choice but to share their fate. If you include the relatives of those direct family members, it comes to about 20 million.”
“You’ve fallen into the blind spot of numbers.”
“With the trust of the King of Thailand and the unwavering loyalty of 20 million Thai workers, Thailand is our playground. Would you like to invest?”
“In order to make that investment, you have to withdraw all the capital you have invested in Korea?”
“Everyone has left. George, you are the only one left. If you leave, the South Korean composite stock index will plummet to below 400 points within December.”
“There is no country before profit, hahaha!”
“Yes, and isn’t it better not to make one enemy than to make a hundred friends? If you continue to be hostile towards me, I might turn into a beaver.”
George looked at me intently at my words.
“If you transfer 5% of the stake and invest $10 billion, and then buy back that 5% stake for $20 billion after 5 years, I will be your friend.”
“It’s a stock option that requires a fixed income.”
“yes.”
“Then, even if the value of the stake is more than $20 billion in five years, I will unconditionally accept the condition that you, George, offer only $20 billion to your investment firm and purchase a 5% stake. Of course, even if the value of the 5% stake is $1 billion in five years, I will purchase it for $20 billion.”
“I’m sure a 5% stake would be worth more than $20 billion.”
“Of course. I never invest without confidence.”
“good.”
This is how I was able to withdraw George Soros’ capital from South Korea.
It also received a $10 billion investment from George Soros.
“George.”
After all the contracts were signed, George’s expression brightened.
‘I provided an exit for George, who had no exit.’
It has to be good.
“Southeast Asia is also experiencing a foreign exchange and financial crisis, and it is moving north like a typhoon, so all Asian countries except Japan will face a significant economic crisis.”
“I guess so.”
“Then will Russia be safe?”
“russia?”
“Of all my investments, the ones that have had the highest probability of success are index investing and currency investing.”
“I know.”
“If Russia announces a moratorium of more than 30 days, say in the middle of next year, the ruble will become worthless.”
“Should we invest in the ruble crash?”
“That’s a start, and the real proposal is to invest in the collapsed Russian economy.”
“The Russian economy is impossible to recover no matter how much capital is invested.”
“If only capital is invested, that’s true, but if global companies enter the market at the same time, it’s different. It’s a change from the foundation.”
“A global company?”
“There is the Samjung Group and the Taean Group. Anyway, I will invest in the ruble crash. Just in case, don’t invest against it. If you stab a friend in the back, you have to kill him. If you can’t kill him, he will always be afraid.”
“Look, kid, no matter how bad the Russian economy is, it’s not like Southeast Asia, like Thailand. It’s out of control there.”
“That’s why the profit is greater when it’s successful. I made the offer to you as a friend. So the answer is slow.”
In investing, you are either an enemy or a friend.
If you’re not my friend, you’re my enemy.
Anyway, George Soros and I have ended our hostile relationship, so we are now friends.
‘Now let’s go to Saudi Arabia.’
And let’s stick a straw in Saudi Arabia too.