The Highest Level Son of a Chaebol Family - Chapter 349



Only Noblemtl

349. Show me clearly!

Daughter.

Warren Buffer’s steps were light as he opened the door to the office of JH Investment’s Japanese branch.

My shoulders shook and I whistled without even realizing it.

But Tom was different.

Tom kept looking back with a sad face.

“That wasn’t befitting of a chairman.”

“What is mine?”

“It wasn’t a contract of ordinary scale. In any case, there was someone who gathered the legal team and the investment planning team together and thoroughly reviewed it for several days before deciding whether to acquire it or not… .”

“Tom, do you see this?”

Warren Buffer waved an envelope of documents he was holding.

Just like the Asian kid did in the office of JH Investment’s Japanese branch.

“There’s a $20 million stake here.”

“Mr. Chairman.”

“It didn’t even cost me a dollar to get this.”

Tom couldn’t argue.

Because it was true.

“This is an opportunity that will never come again. So, grab it!”

“That’s what I’m saying. It wasn’t a small contract, it was a whopping $20 million worth of equity! If it was a scam, what were you trying to do?”

“Let’s say this is a scam. Why are you so excited about something so great happening?”

“That’s, that’s… … .”

“Do I have anything to lose?”

“… … There isn’t any?”

“There was no money invested in the first place, so what’s the loss?”

“Uh, um… … Really?”

Tom’s face became blank.

“Then, on the contrary, what if this isn’t a scam… … ?”

“He hit the jackpot.”

“I see?”

Tom’s eyes sparkled.

“Hahaha, whatever it is, we’re saying that we can use our 2% stake for free for a year and then return it.”

Tom tilted his head.

“Then JH Investment would be at a loss. Why would they make a proposal that would result in a loss?”

“I took a big bet and took a loss.”

“bet?”

“If the conditions are met?”

“JH Investments will acquire a large stake in our Berkshire Hathaway company?”

“okay.”

Warren Buffer waved the envelope more noisily in front of Tom’s eyes.

“High risk, high return.”

It contains shares of Berkshire Hathaway, shares of Blue Stamp, and a contract to acquire them.

“Our Berkshire Hathaway stock would have to fall 15% to meet that requirement, but our company is growing at an average of over 20% a year.”

“So, it’s a slim chance. It’s a high risk that JH Investment has to take.”

Warren Buffer whistled.

“It was an opportunity I couldn’t afford to miss. If you don’t want to sign, then don’t. I have no intention of offering the same conditions again.”

“That’s true.”

“Even if you say it’s a loss, it’s only a few percent more of our company’s stock.”

“If you add a few more percentages, the major shareholder will change! That’s a big deal!”

“So you gave me your private business card?”

“That business card is so precious that I don’t even give out five of them a year!”

“I gave it to you because I deserved it.”

“The person with that business card will be invited to the shareholders’ meeting in May!”

“That’s why.”

“Isn’t it true that a special delegation from the Organization of Petroleum Exporting Countries is scheduled to attend the next shareholders’ meeting?”

“Since it’s such an event, I’m sure important figures from JH Investment will attend. It’s a great opportunity to expand your network.”

Warren Buffer laughed meaningfully.

“JH Investment is fast at information. It must have been a long time since we received information that such people would be attending our company’s general shareholders’ meeting in May.”

“oh!”

“That’s the business card I gave you.”

Warren Buffer was confident.

“Even if the kid doesn’t know the value of my business card, JH Investment’s CEO Shim or the kid’s parents will be different.”

Warren Buffer flicked the envelope with his fingertips.

“We have to show JH Investment clearly at the next shareholders’ meeting in May.”

“What?”

“Our company’s performance over the past year, the power of the 2% of shares that were given to us for free for a year, the great people attending our company’s general shareholders’ meeting!”

Fiery ambition burst out.

“I intend to make sure that Berkshire Hathaway never gets laughed at again.”

“great!”

Tom clenched his fists and looked proudly at Warren Buffer.

“Let’s take this opportunity to clearly show who the best investment firm in the world is!”

“That’s it!”

“In that sense, when we return home, the flight will be first class, right?”

“I said economy. When have you ever seen me talk nonsense?”

“Tch! What is the world’s best investment company!”

“Hahaha! Just kidding, Tom. You got 20 million won worth of shares, so you should let me ride the business.”

Warren Buffer and Tom walked side by side, their strides in sync.

It was at that moment that I passed by the Nakamura Real Estate office.

Without saying who would go first, they both stood up at the same time.

Tom said.

“Mr. Chairman, aren’t you going to meet Chairman Nakamura of Real Estate?”

Hmm.

“The reason I was planning to fly to the US right away was because of JH Investment’s investment proposal.”

Ugh.

“But, you just received the investment proposal and signed the acquisition contract. So, do you think you don’t need to go?”

Eeeeeeeeeee!

Warren Buffer stroked his chin with a serious expression.

“Let’s go to America.”

“Are you giving up on Nakamura Real Estate?”

“Priorities first.”

There is an order to things.

“The first priority is to make sure that the $20 million stake is legitimate.”

“That’s right.”

“Second priority is to check if there are any other issues proposed by JH Investment’s US headquarters.”

“That’s right.”

“We need to meet with the four banks that JH Investment contacted and confirm the facts. Third priority is to use this opportunity to persuade and win them over to solidify our friendly stake.”

“That’s right!”

“It would be nice to receive investment, but if you don’t receive it, it will just end in regret. It’s a lower priority.”

Warren Buffer glanced regretfully at the Nakamura Real Estate office door.

“You can come back to Japan after you take care of important matters. It’s not too late.”

“Yes, Chairman!”

The two people resumed their steps where they had stopped.

There happened to be three Asians coming up the stairs.

“hmm?”

“uh?”

They were the people I met at the airport.

A middle-aged man with a muscular body and an overly handsome appearance, and a man and a woman holding placards at the airport.

I remember having to give up my taxi to a middle-aged man.

Warren Buffer waved goodbye briefly and then walked down the stairs.

A small, regretful murmur came out in English.

“JH Investment’s CEO Shim said he would be arriving soon. That’s a bit disappointing.”

JH Investment’s CEO Shim?

The man holding the placard turned his head slightly.

“You should meet the president of the U.S. headquarters rather than the Japanese branch president. I regret not meeting Chairman Nakamura Real Estate more than that.”

Nakamura Real Estate?

The handsome middle-aged man’s eyes also turned around slightly.

“I agree. I’m not really interested in real estate investment, but I’m quite interested in investing in real estate companies. The returns are much better than I expected.”

Investing in real estate companies? Returns?

The plump, short, ugly woman also opened her eyes as small as buttonholes.

“taxi!”

But the two white men, who had quickly gone down the stairs, happened to see a taxi passing in front of the building and raised their hands.

widely!

Vroom!

So the two of them caught a taxi and disappeared in an instant.

The three people who were climbing the stairs narrowed their eyes at the same time.

“What the hell does that white guy do? Why does he keep nagging?”

“I think I’ve seen you somewhere before.”

“Somehow I feel like I’m seeing the legend of Wall Street, Warren Buffer.”

“Hey, no way.”

“I guess so. Why do all white people look so similar that it’s hard to tell them apart… .”

At that moment, I saw a familiar person running towards me with a pale face and out of breath.

The man, holding a drink in both hands and stuffing a plastic bag full of food, was smiling slyly.

“Team Leader Yoo?”

“President Shim, Chairman Lee, and Mrs. Bang are here! Now is not the time for this!”

“Why? Something big happened to your highness…?”

“Warren Buffer is here!”

“what?”

All three people opened their eyes wide at the same time.

“I heard Warren Buffer flew all the way here to meet you! Isn’t that amazing?”

“what?”

The three people’s eyes widened as if they were going to tear apart.

The realization came belatedly.

“Ah, so that’s why you called me the Japanese branch manager and the American headquarters president!”

“It turns out I didn’t mishear Nakamura Real Estate.”

“Ohhohoho, I heard that there is talk of investing in real estate companies.”

Yoo Jong-tae jumped up the stairs two at a time, his eyes shining.

“The dream of a life turnaround! The hope of going all-in! Wait, Mr. Buffer, I’m on my way! So please share your investment list with me!”

The three people kept their mouths shut.

‘That Warren Buffer, he just left.’

* * *

“what?”

My grandfather asked back in surprise.

“You’re going to buy all of this?”

“There’s no way it won’t work.”

I smiled contentedly as I looked through the list of real estate properties and related documents my grandfather had compiled.

‘Golden, golden, golden, golden!’

My grandfather chose them so meticulously.

Everything I see is dazzlingly golden.

Maybe it’s because Japanese real estate is booming right now.

‘Anyway, it means that you get money as soon as you buy it!’

“This, this, this, this, this, this… … .”

“Are you really going to buy them all?”

“You’ve chosen them so well. There’s nothing to throw away.”

“How much money did you get for all this… … .”

“With bank money. I have to take out a lot of real estate mortgage loans again.”

“what?”

Not only my maternal grandfather, but also President Shim, Mrs. Kkachisan Bang, and even the skunk from the southeast were all shocked.

Why is everyone so surprised?

“You can get a collateral loan of at least 120% and up to 150% of the property value. What’s the problem?”

“That may be true, but.”

It may sound ridiculous, but the real estate market is booming right now.

It was a time when real estate prices were skyrocketing even as the loan was being issued after going through a collateral loan review process.

The golden age of the real estate market, where people bought properties as soon as they were put on the market and prices were set as soon as they were called!

That’s the Japanese real estate at this time.

“Ahem, that interest is… … .”

“The amount of the real estate loan is much more than the value of the real estate. You can just deduct a portion from that and give it to them.”

“If you keep buying real estate like that, you might end up with empty properties.”

“It doesn’t matter. My goal is to buy as much real estate in Japan as possible, especially in Tokyo.”

“Ugh.”

Everyone is either amazed or speechless.

Look at me with concerned eyes or not.

“It would be the icing on the cake if you buy a prime property while you’re at it, but it doesn’t matter if you can’t find something like that.”

“Ahem!”

My grandfather asked with a worried look on his face.

“Jeonghyeok, I don’t think you need to push yourself that hard. Why are you trying to make a big deal out of it?”

“The bigger the job gets, the more advantageous it is for me.”

I looked straight at my grandfather.

“I want to make it clear that if you mess with me, both the Japanese government and Japan will be X.”

This was after the declaration of war had already been received.

“To do that, I have to be so big that the Japanese government can’t even think about touching me. I have to become such a big tycoon that if I go down, Japan will be in chaos too.”

My voice was firm.

“That’s when the real negotiations begin.”

I told my grandfather in detail about the threats I had heard from the mourners from Japan.

“What? You’re going to leave our Jeong-hyeok penniless? You’re even threatening him with prison time?”

My grandfather opened his eyes wide.

“What? A freeze on foreign private loans? You’re going to turn all the private loans Dong-jin worked his whole life to, which were left to us Jeong-hyeok, into scraps of paper?”

My grandfather ground his teeth.

“If I just stay still, people will look like sacks!”

My grandfather rolled up his sleeves.

“Ahem, that won’t do. This time, I’ll just pick out the Tokyo Yojiro and buy them all cheaply!”

oh?

“This grandfather’s specialty is making people want to sell land even if they don’t want to sell it!”

My grandfather’s eyes were burning with enthusiasm.

“I’ve only bought the best land so far! Ahem, leave this to me!”

This is very sturdy!

* * *

So three months later.

The leader of Japan’s Liberal Democratic Party jumped to his feet.

“what?”