The Youngest Son Of A Rich Family Chapter 37

[037] Let’s not be greedy 1.

New York’s Miracle Investment established a Korean investment company with 100% investment, and Oh Se-hyun took office as the CEO of both the US and Korea corporations.

Now, I, the major shareholder, and Oh Se-hyeon, a professional manager, have a delicate relationship. His attitude towards me didn’t seem to have changed much, but he listened to my opinions and no more immediate objections.

I listened more and whenever I disagreed with me, it was always a valid opinion based on data.

In particular, when I said that I would sell all of my Dell Computer shares, I did not get excited and showed the stock price trend graph first.

“The stock price last week was $47. It is literally a diamond level that has never fallen since listing. If it goes over $60, how about reviewing it then?”

“You think there are no bubbles?”

“Of course not. But bubbles are also a component of stock prices. When I say $60, the time when the bubble bursts is when it hits 60. It’s the stage where people suspect bubbles. It’s not too late to exit then.”

He has a keen eye for analyzing stock prices.

I was a person who was far from investing in stocks, so I had no way of knowing what a bubble was. I am only familiar with the stock price of Dell Computer because I am interested in the individual Michael Dell.

This is the reason why I know very well that the stock price, which soared to $49, collapsed to $10, hit $60 again, and continued to maintain that level.

However, Oh Se-hyun predicted a figure of 60 dollars. Awesome person.

“uncle. We’ve made more than a hundred times more profit. Wouldn’t this be enough? There is no reason to be greedy any more.”

“If you don’t want to be greedy like you said, you can sell your Dell computer and invest in a stable place. Coca-Cola Heinz, etc. is not it?”

“It is so stable. That’s not what investors do. It has to be done individually.”

Now he is a well-balanced uncle. Take a deep breath and take a step back.

“Did you say Japan? Have you looked anywhere?”

“Could you please look into it? Is there a good place?”

I also wanted to see where Oh Se-hyun found before I said it. Maybe you’ll find a better company than me.

“Then let’s discuss it again because I’ll pull out a list. If you can’t find a better place than America, you’ll change your mind, right?”

“Of course. Investing in the best places is fundamental.”

I also pretended to take a step back. Since he is a very necessary person, shouldn’t he be treated like this?

* * *

“Live a longer and healthier life, Grandpa.”

“done. What about the big temple? It seems like you’ve become a bit more mature. How is it? Did you learn a lot?”

Chairman Jin, who refused to bow to Jin Young-joon, who returned after a few years in Germany, did not take his eyes off him.

With the governor’s report that comes up every week, Jin Young-joon’s life was confirmed without omission. There were occasional occasions when he drank to the point of intoxication, but nothing particularly accidental.

“I didn’t have to go to Germany. grandfather.”

“what?”

Chairman Jin’s eyebrows twitched, but Jin Young-jun did not lose his confidence.

“We don’t have any electronic products, so we can’t sell them. To the extent that production can’t keep up. European distributors put in advance and wait. But since it was all thanks to my grandfather, I thought it would be faster to learn directly under my grandfather.”

“Is that because of me?”

“Eastern Europe as well as Western Europe are enthusiastic about it because it removes all convenient features and puts only essential features in and sprays it in the air at a cheap price. Isn’t this all grandpa’s strategy?”

Youngjun Jin sat down next to President Jin and bowed his head.

“I learned a lot. thank you grandfather.”

“You seem to have cleared your head a bit since you stayed away from women.”

“I didn’t even drink. It’s just a little bit of wine every once in a while.”

Jin Yeongjun was relieved to find a faint smile on his grandfather’s lips. It seemed that this had turned the heart of his grandfather, who distrusted himself, a little.

I wanted to end my exile now. In Korea, the business card of the eldest grandson of the Sunyang Group has unparalleled power, but Germany does not have it.

You may not know the name Sunyang well, but if you know it, that’s all. It was all that worked in the Korean society.

He wanted to live like the crown prince in this land as soon as possible.

However, the words that came out of his grandfather’s mouth brutally shattered those expectations.

“okay. All the branch managers praised me for being self-controlled. Just work as hard as you do until you’re 30. Then come back and sit in the key positions.”

I wanted to stand up and shout that I was doing too much, but thanks to the patience I learned in Europe, I was able to smile brightly.

“yes. grandfather. I will do my best. Please watch.”

Jin Yeong-joon finished his New Year’s greetings like this and returned home. I didn’t forget to spit in front of my grandfather’s house.

”I’m stuck in Europe until I’m 30.”

“So? Aren’t you hot?”

“Oh my father. I am no longer immature. I came out saying I would work hard.”

“Good job.”

Vice Chairman Jin Young-ki tapped his son on the shoulder once. Then he looked around at his children sitting on the sofa in the living room and said.

“You guys are adults now, so heed my words. Grandpa will definitely be watching your every move. If you hear even the slightest unsavory rumors, it will spark not only you, but others as well.”

The eldest daughter, Hye-gyeong, and the youngest, Gyeong-jun, had expressionless expressions.

After all, there is no reason for himself to be in the eyes of his grandfather, who is a long way behind in the inheritance ranking. I am fully aware that what my father is saying right now is not to make an accident for the sake of Jin Young-joon, the eldest son of this family. Just like my father said, I’m an adult.

“Hye-gyeong, when you graduate from college next month, I will introduce you to a decent guy, so hurry up and get married. And when I went to study abroad…”

“Dad! Who gets married right after graduation these days? After a few more years…”

“Listen to me!”

Jin Young-ki’s screams made the mouths of the two children go into pouting.

“The only thing you did was that you were of your grandfather’s blood. Thanks to that, I can enjoy everything I want to do and have. If your grandfather abandons you, you will not enjoy half of what you are living now.”

“Father, why did you suddenly say that…”

“Don’t you know that my grandfather has changed since last year? People change their minds as they get older. When there is something to eat, the eldest son comes to mind, and when there is something to eat, the youngest son wants to give it to the old parents. Right now, the grandfather’s affection is focused on your youngest uncle and Do-joon’s family.”

Everyone guesses the atmosphere to some extent. I even heard that Chairman Jin was watching a movie made by his youngest uncle while he was busy.

“Think about your grandfather’s age. How long would you like to live? Until then, stop buying and running and visit your grandfather often. If Sunyang Group is in this father’s hands, you can live as you like. Did you understand?”

“What does marriage have to do with being quiet and not having an accident?”

When Hye-gyeong shouted in anger, Jin Young-gi burst out screaming in frustration.

“Who in my family has a love marriage? Look at Uncle Yoongi! For over ten years, I was treated like an abandoned child. That’s the price of the marriage you want. If you want to get married on your own terms, pack your bags and leave right now!”

Jin Hye-gyeong became a mute who ate honey at her father’s scolding.

Jin Young-ki calmed down when all the children lowered their heads and looked at each other.

He was so anxious these days that he couldn’t sleep.

This is because his father, chairman Jin, suddenly changed after the acquisition of Ajin Motors last year ended in failure. The group’s big issues were often carried out without his knowledge, and the pending issues of the affiliates he was dealing with had to be approved by the chairman at the end.

Within the group, the story of a change in the succession structure began to spread, and affiliate presidents skipped themselves and reported directly to the chairman.

It is certain that my father has changed. The reason is vaguely guessed.

A nephew who was never vigilant, or even weak in existence, is shaking the whole house.

Jin Young-gi has already made up his mind that it is better to abandon his children than to become the owner of Sunyang Group because of his children.

* * *

“I found a hidden gem, but it’s not easy.”

There was only one company on the list presented by Oh Se-hyeon.

“Last year’s sales were 100 billion yen, close to 800 billion yen with our own money.”

“Then isn’t that a grown goose already?”

“This company is in line with the IT industry. As the IT industry grows, so does this company. It will get bigger in the future.”

Windows 3.1, released by Microsoft in 1992, conquered the Japanese computer industry. Also, software such as MS Office sold like hot cakes. The size of Japan’s software market is about 20 times that of Korea. Although the population is only slightly more than doubled, this is because copyright awareness is clear. Softbank, which had exclusive sales rights of Microsoft, quickly became a large corporation.

I didn’t say, ‘Actually, I was thinking of Softbank as well.’ It agrees with my thoughts, so I don’t need to mention it.

Isn’t it the virtue of a true master that the master bears the burden and gives the credit to his subordinates?

“What do you mean you are not easy?”

“You would think that the company is on track, so there is no need for investment. The founder of this company… Oh, he is a third-generation Korean-Japanese.”

“I know. It appeared in the newspaper once. In a special article on successful Koreans. They say I’m a bit geeky.”

“okay? Anyway, writing a success story in Japan attracted a lot of investors. But he said he refused all of them because he had nothing to regret.”

“It’s the same case with Dell computers.”

People who come to such a house pack money and come back, and to a house that doesn’t work, everyone who visits is asked to give back the borrowed money.

“no. This one is much more uptight. The president is so full of confidence.”

“Are you going to be listed?”

I don’t know the exact time since I’ve only seen bits and pieces of articles on the Internet. However, I clearly remember that I easily passed over a hundredfold when listing.

“Well, didn’t you say anything like that?”

“Then there is still a chance.”

“The problem is persuasion… I don’t think it’s possible.”

People who have failed to invest so far are different from me. They don’t even think that the stock price will skyrocket no matter how successful the software distributor becomes.

If you know this fact, you can invest as much as you want.

“uncle.”

“huh.”

“My grandfather once said this. Everything in the world has a price. However, the price that each person thinks is different.”

“Doesn’t that sound like a big deal? They said they would sell that common water too.”

The first time bottled water was officially sold in Korea was during the 1988 Seoul Olympics. At the time, the government allowed the sale of bottled water during the Olympics because of foreign athletes, but banned it after the Olympics.

The government did not allow the sale of bottled water, saying that the sale of bottled water would cause people with money to buy bottled water and people without money to drink tap water, creating a sense of incongruity among the people.

However, bottled water producers persistently demanded permission to sell bottled water and are currently filing a complaint with the Constitutional Court.

“So. Softbank stock is also a commodity. I will definitely sell it. Just give me a lot of money.”

At my words, Oh Se-hyeon started looking at me with eyes full of curiosity.

“Then how much do you think you can give?”

“What do you think of Uncle?”

He thought for a moment, then held out his palm.

“Five times. If this is enough, you will be able to leave a profit of about 30% with the initial momentum after listing.”

“I don’t think you’ll be interested in it fivefold?”

“So it’s an impossible story. There must be many investors who offered up to five times. Conversely, it also means that more than this is not worth investing in.”

“Then the president of Softbank might sell it for five times more? Does anyone think so?”

Oh Se-hyun smiled at my words.

“Maybe. How many times do you think?”

“I ask the CEO of Softbank how many times it is sold. By offering to do whatever you want. I want to see how geeky the boss is.”

Don’t be greedy. Let’s eat just twice as much.

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