I Am the Third-Generation Heir of a Conglomerate - Chapter 485



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485. Expert (5)

The Sage of Omaha.

The world’s third richest person.

The master of value investing.

It was just another nickname for Warren.

Just joining hands with him could bring great benefits.

But I couldn’t just take his hand, I had to find out why he wanted to invest a huge sum of 15 billion dollars in me.

“I really appreciate the investment proposal, but I may proceed with the investment in a different way than you think.”

“That’s why I’m trying to invest in Chairman Kim.”

“What does it mean?”

“There are many investments that cannot be made with Berkshire’s name on them.”

As the name value increases, movement becomes more restricted.

That is why Taewoo Group often used the Quantum Fund as a defensive shield, and eventually created a huge group called Financial Tower.

Does Warren need that kind of defense too?

If that were the case, there would have been many people and financial institutions that would have volunteered to act as a shield, even if it weren’t for me.

“If the purpose is simply to avoid eye contact, it is possible to do so through the financial tower. Berkshire is also located in the financial tower, so no one will object.”

“The reason Berkshire moved into the financial tower is because Chairman Kim is there. I believe in Chairman Kim alone, not the financial tower.”

It was really nice to hear that.

Who wouldn’t like to be trusted by the world’s best investors?

But it was also a burdensome thing to say. The financial tower was a group that only cared about profits, and the Taewoo Group was no different.

“If you invest in me, you will be investing in industries you don’t want to invest in.”

“You mean you could invest in an industry like Bitcoin? That’s why you’re entrusting your money to Chairman Kim.”

Many experts have disparaged Bitcoin.

The idea that it had no value as a currency at all and was just a piece of data driven by madness came out of the mouths of experts, one of whom was Warren.

Bitcoin is gambling.

That’s what Warren Buffett said.

There was even a time when it was said that Bitcoin was completely useless.

“Do you recognize the value of Bitcoin?”

“No, I still have doubts about the necessity of Bitcoin itself. But I do recognize that many people are trading Bitcoin and that there is a market.”

It was a contradictory statement.

They don’t recognize Bitcoin, but they admit that a market has been formed.

“So, are you saying that you will invest in companies related to the Bitcoin market rather than Bitcoin itself?”

“I guess we could invest in a bank that runs an exchange, but Berkshire Hathaway doesn’t want to invest directly in it.”

“So you’re saying that Taewoo Securities can take over that role?”

“It’s not just Bitcoin. I leave it entirely up to Taewoo Securities and Chairman Kim’s judgment. It’s okay to suffer losses, and it’s okay to see small profits.”

Should I call it a test?

Or should we see it as a device to create a deeper connection with Taewoo Securities?

Warren’s plan was still difficult to understand, and even after looking into the details, no relevant information was found.

In this case, the regular method was the best.

I gave up trying to figure out his intentions and opened my mouth.

“Is there anything you would like from me?”

“I am very interested in Taewoo Group and Chairman Kim. I am also very interested in what Financial Tower is planning to do in the future.”

Berkshire Hathaway was also part of the financial tower.

That’s why I was sharing some of the information.

But the amount of information was minimal, and it was not possible to find out the long-term plan for the financial tower.

“Do you know the plans for the financial tower?”

“If you follow the flow of money, you can get a rough idea. But the flow of money from the financial tower is flowing to a very dangerous place. I was able to get a glimpse of a very dangerous sketch of a plan to attack the US and China at the same time.”

Warren was a man of extraordinary vision.

He was the one who could tell what we were trying to do just by looking at the flow of funds.

Indeed, to get to where I am today, the ability and vision to draw the big picture were essential.

“Would you please accept my offer of paint for a dangerous painting?”

“When it comes to creating a masterpiece, isn’t the artist more important than the paint? The public doesn’t even wonder where the paint comes from.”

“However, if the situation does not work out, the painting may be abandoned halfway.”

“If that were the case, I wouldn’t have made this suggestion.”

It was Warren who guaranteed a US-China trade war.

I had already returned, so of course I knew this information, but Warren predicted the future based solely on the financial situation and international relations.

“When I draw, the paint tends to splatter everywhere. Is that okay?”

“I can easily take that level of risk. And if something comes up that requires my help, I plan to help.”

I didn’t just want a shield.

It seemed like they had no intention of just stepping back and taking the blame, but were also willing to share the risk.

“… I am curious as to why you would want to invest through a financial tower.”

“An investor is someone who invests in the place where he can get the highest return. In this case, I am going to invest because Chairman Kim and Financial Tower are the best at it.”

There were some parts that I understood.

It was impossible for a single financial institution to deal with such huge countries as the United States and China.

Only when a conglomerate of multinational financial institutions like the Financial Towers move can we draw the picture we want, and that is why Warren wanted to invest in us.

“It could be a very difficult investment.”

“I trust Chairman Kim. And I also trust the power of the financial tower that Chairman Kim created. As I followed the flow of funds, I was able to see the power of the financial tower. The financial tower possessed power that was comparable to that of the entire Wall Street.”

Wall Street, the center of the world economy.

As it was a financial tower that was nothing more than a financial hub, it could not help but be highly praised.

But Warren failed to see the power of the financial tower.

The financial towers have power beyond Wall Street, and after the US-China trade war, they could have power on par with a federation of nations.

“Thank you for your kind words.”

“I don’t know if this will help, but if you need anything, feel free to use me. I’d like to help you in some way.”

“I won’t use it too often. I’ll only use it once in a while when absolutely necessary.”

“Haha, you’re not hesitating. I knew you would do that.”

Today marks the beginning of a deeper relationship with Berkshire.

Although Berkshire was part of the financial towers, it was treated like an outsider.

It wasn’t that the financial towers were distancing themselves from Berkshire; it was that Berkshire was distancing itself from the financial towers.

But not anymore.

From the moment it decided to get involved in the U.S.-China trade war, Berkshire has become completely synonymous with the financial tower.

***

After finishing my schedule, I returned to Korea.

I went straight from the airport to the financial tower, and Vice Chairman Han was waiting at the entrance as if he had a lot to say.

“Did you have a nice trip, Mr. Chairman? I heard that you had a great time with David and Diamond.”

“What’s so urgent? Let’s go inside and talk first.”

A vice president walked quickly and opened the office door for me.

As soon as we sat down inside, he started talking about the topic.

“We’ve done about three times the business. There’s more interest in genetics than we expected. $110 billion will come in sequentially over two years.”

“I have more money to manage.”

“If you have nowhere to invest, you can either acquire a company or build a new factory. Would you like to do that?”

It was a vice president who was terrified.

The moment I acquire a business or build a factory.

It was a reaction that came out knowing that at least tens of trillions of won would be spent.

“There are so many places to invest. How can there be no place to invest when two superpowers are fighting?”

“However, there are other uses for nearly half of the money. We plan to build Sentryan factories not only in Korea but also in the US and Europe. We also plan to purchase additional shares in semiconductor-related companies.”

“I also thought that the expansion of the Sentryan factory was absolutely necessary. Yugovin’s sales volume is increasing rapidly every year, and sales are especially concentrated in the United States and Europe.”

Yugovin, an obesity treatment drug.

Previously, it was a drug used only by celebrities and a select few, but now it was becoming popular.

We had already expanded our factory to prepare for this situation.

However, there were times when the product sold out because it could not meet demand.

“We’re looking to spend about $30 billion on expanding the Sentry plant.”

“Is that so much? Even if Yugovin’s sales increase rapidly, it’s not enough to operate a factory of that size.”

“If we make it, won’t there be a place to use it?”

It wasn’t a factory for Yugoslavia.

It was a factory for the coming corona.

It was a factory that would generate huge profits for at least three years.

After making a profit like that, there was no reason not to build a factory because you could double the profit by selling it to each country at a high price.

“It’s a bit excessive, but I don’t think we’ll see a deficit.”

“Let’s do that. How is the atmosphere in the financial tower?”

“Every day is a smile. Bitcoin price has already fallen by 45%. If this momentum continues, it is expected to fall by more than 60% next month.”

Even a simple calculation would show that the profit was 45%.

However, since short selling basically sets leverage at more than 2 times, there must have been financial institutions that realized profits close to the principal.

“The forces must be in complete chaos.”

“From Korean stock manipulation groups to yakuza and gangsters. They’ve really taken it all down. Especially those who used Bitcoin for money laundering should prepare to emigrate.”

“If the current trend continues, a decline of more than 75% is possible.”

The moment the powers that be were swept away, there was no one to stop the downward trend.

No matter how hard individual investors try, they cannot go against the flow.

In the end, it was only possible to form a defensive line if there was someone who could hold the center.

But one vice president shook his head as if he had a different opinion from me.

“It seems difficult to fall to 75%. There is one force that is buying the quantity.”

“Is there still a force left that can threaten the financial tower? Just trample it down.”

“We can’t just step on it. The National Pension Fund is buying up Bitcoin.”

“I will take back what I said about stepping on it.”

It was the emergence of a truly unexpected force.

It was also a force with one of the largest financial powers in the world.

“While other powers try to liquidate their investments within a year at the most, the National Pension Service is a place where long-term investments of 10 years or more are possible, so even if they fight, it is difficult to make a big profit.”

“Isn’t that funny? The price of Bitcoin is falling due to government regulations, but one of the government agencies, the National Pension Service, is buying Bitcoin.”

If a company did something like this, it would definitely be subject to inspection.

But who will oversee the coordination between government agencies?

“It seems that the National Pension Service is not just for the elite. I knew exactly when it was going to hit the bottom and came in.”

“Experts are experts. Check out who carried out the Bitcoin operation at the National Pension Fund.”

“We will take retaliatory measures.”

“Instead of retaliation, recruit him. It would be a waste to have someone with this level of sense in the National Pension Service.”

There were separate experts.

No matter how hard the powers that be fought, they were nothing more than the leaps of a newborn baby in front of the National Pension Fund.

Thanks to this, the yield on the financial tower has decreased a little, but can we not attack the National Pension Service?