Breaking Up Is Better Than Divorce

Blade Runner and the Wolves of Wall Street

“I read the BlackRock Report that there is a high probability that it will go down enough to go up now? Aren’t you supposed to be prepared?”

Yooseong was closely watching the report sent by BlackRock these days.

“So the put option price goes down and the call option price goes up. This is an opportunity.”

An opportunity to buy a bunch of put options at low prices.

“ha······.”

Yooseong looked at his older brother and sighed.

“Anyway, that’s great. I made more money than my brother won with Mega Millions. In just two months.”

Even if he doesn’t understand it, it seems that he has no choice but to acknowledge the results he has achieved.

“If it had been the other way around, would it have been that much damage?”

“When I heard that, I was shocked. and! Are you saying that someone lost as much as he earned?”

“right. Gifts are clearly a zero-sum game. Some people will make more money than me, and some people will lose more money than me in one day.”

“How would you feel if you lost so much money?”

“I usually don’t do it with my own money. It wouldn’t be good though. right. BlackRock’s founder, Larry Pink, also lost $100 million in a forecast failure while working for First Boston, an investment bank on Wall Street in New York. It was already more than 20 years ago.”

“uh? really?”

Yoosung couldn’t hide his surprise that such a thing happened to the founder of that great Black Rock.

“In the end, it seems that I had to leave the company because of that job. And I started a venture in a small office. As a result, it seems that it was because of that failure that we built the enormous financial empire we are today.”

“Ahhhh.”

“right. No one can avoid failure unless they know the future.”

At Eugene’s words, Yooseong’s face darkened again.

“Then maybe we need to be a little more careful?”

“no. To make big money, you need to be prepared to lose everything.”

“Ah, did you mean that?”

The younger brother looked at the older brother with a puzzled expression.

“Most of the reports say oil prices are bottoming out and there is a possibility of a correction. If there is any risk, it would be better to consider reducing the contract.”

Even William expressed concern as oil prices continued to increase short positions even as oil prices fell below $80.

“Let’s think about it. First of all, we plan to keep increasing until there is a special signal.”

However, Eugene persevered and pushed forward.

Eugene doesn’t perfectly remember the oil price movement this year, but at least he does know that it has never rebounded by 5% at any moment.

So there was no need to worry.

Of course, as I told Yoosung, I don’t believe that there is absolutely no chance of failure.

But I have no intention of stopping.

Opportunities like this don’t come often. It’s a shame to miss a golden opportunity out of fear.

By the time the capital invested in futures reached $300 million, Eugene’s short positions had grown to 40,000 contracts.

Futures leverage is now slightly above 10x.

“It’s been a while since we moved, so should we do some housewarming?”

I came up with such a word to give myself a little bit of leeway in my tight life because I was immersed in gifts.

“good. But we moved into a house this big, and no one really calls them houses. Do you have someone to call?”

“Who do we know?”

In the past life, there were not many acquaintances in New York, but now that they return to the past, they are strangers who do not yet know each other.

“To do….”

Yoosung nodded his head. Coming here, the only thing the two brothers did was go to and from Black Rock.

“William, do you have time this weekend?”

“Are you on the weekend? There are no promises.”

“Then why don’t you come over to my house to play?”

Eugene invited William and several managers he had become acquainted with.

“It’s a nice mansion. It makes me want to live in a place like this anytime.”

All of the managers, including William, praised Eugene’s new mansion.

“It’s a little old, but I liked the view, so I bought it.”

“Good buy. The trend of New York condos is not unusual. It feels like the downturn of the past few years is now over. In about five or six years, there is a possibility that it will double.”

Again, always make judgments in terms of assets.

“I hope so.”

Unlike other buildings in New York, it is a pity that this building alone cannot be said to be highly likely to become a treasure trove because of the owner’s reputation.

But it doesn’t matter if you don’t have to go up.

The view of Central Park looking down from the terrace was absolutely superb.

I was going to sell it when I made some progress with Trump, but I changed my mind a bit.

“Call me sometime. When I see a mansion like this, my heart becomes majestic, and my spirit of excitement rises.”

“I come here often. Don’t come alone, if you have a good person, you can come with me. The only people I know in New York are the people here.”

“ah! If so, can you introduce me to others? In an unfamiliar place, it is right to make friends first.”

“That’s right. Then please do that too.”

Suddenly, I think about what my acquaintances who lived in New York in the past are doing now.

Well, everyone should eat well and live well.

There will always be opportunities to meet again.

“Then let’s make a schedule together. First of all, I would like to have a light cocktail party. There are quite a few of my clients and friends who are suitable to hang out with.”

So, on the spot, a social party was planned.

“by the way. Eugene’s aggressive investment in the past few months seems to be paying off a lot. $300 million in just two months. Moreover, it is common to roll a small amount and see that amount of profit, but it is not uncommon to be called several times in a short period of time by pushing so boldly with a large amount of money like Mr. Eugene.”

“I feel very lucky this year.”

“To be honest, luck is skill in the speculative market. When you think you are lucky, not letting it go is the most important virtue for victory.”

“Of course, then you’ll fall into the abyss all at once.”

“Huh. That’s right. Dealing with derivatives is like walking on a knife edge. But isn’t that the beauty of life?”

At William’s words, Eugene put on a surprised expression.

“You only say good things today. The company is always full of worries, right?”

“It is the manager’s duty to take care of the customer. But now, I’m speaking from the point of view of a friend, not of a customer or manager. To be honest, I envy Eugene’s guts. I thought a few times about whether I would be able to push forward with that kind of money with that kind of money.

“haha. That doesn’t sound like a compliment.”

“It’s commendable. At least this Wall Street wolf must have the guts to risk it all.”

“Then I’ll be grateful.”

Eugene laughed softly.

“Eugene’s investment is a hot topic among colleagues. ah! Of course, confidentiality is ensured. It’s something we only talk about inside while we’re working together.”

“okay. But the secrecy. You don’t have to.”

“Hmmm… maybe?”

William stared at Eugene.

“Isn’t it about position? Are you talking about achievements?”

William quickly realized Eugene’s intentions.

“Sure. I want to brag a little about what I’ve earned, but only if someone knows. huh.”

“All right. Then I’ll brag for you. haha.”

Eugene and William clashed the glasses they were holding.

Eugene wanted his achievements to be known. If possible, it should be spread to as many people as possible.

The fact that you have the ability to increase your assets is by no means something to hide.

And it’s something you can’t hide.

Rather, it is helpful to be proactive in letting many people know how capable you are.

Even if some may dismiss it as just luck, the people here were well aware that luck is also an important part of ability.

Oil prices fell diligently. By the time futures fell to $72, Eugene had an astronomical position of 80,000 contracts.

Now, Eugene’s total capital reaches $800 million.

In particular, option returns were very stingy.

“Aren’t we going to add more here?”

Yoosung asked as if giving up.

“Well. Let’s expand it a little bit more.”

That little amount would be 20,000 contracts.

“I am not afraid of anything anymore. 100,000 contracts… 100 million barrels… 7.5 billion dollars … 8 trillion won.”

Even though he said it wasn’t scary, Yooseong’s eyes fluttered wildly.

“If it’s 8 trillion won, isn’t that equivalent to one affiliate of a large corporation?”

“Is that so?”

“And so far, he has earned 700 million dollars. Isn’t this the annual net profit of any large corporation?”

“Maybe.”

“How can an individual, not a company, make so much money?”

“Sometimes that kind of thing happens. One dealer made a billion dollars in the last mortgage crisis.”

The movie ‘The Big Short’ about Michael Berry, who made a fortune in a credit default swap in the subprime mortgage crisis, is still in the script state.

“ah! It’s really crazy. 1 trillion won…”

For the average citizen, the scale of financial investment and profits on Wall Street was astonishing.

“I would like to have a conversation with the person responsible for the investment in Trump Organization. If possible, a branch with Trump’s name.”

I made a new request to an employee of Trump Organization, who is now quite familiar with the face.

Now that the pockets are somewhat thick, I decided to proceed with the work a little more.

In the meantime, Eugene was introduced several times by an employee of Trump Organization about the properties the company owns, and showed that he was still struggling.

It was partly because he didn’t have the extra money to invest in such things, and on the other hand, it was because Eugene was still just a rich man with $200 million in Mega Millions winnings.

But now it’s a little different.

Eugene’s fame is slowly flowing down Wall Street through William and other BlackRock managers.

It’s not uncommon to see Gein making hundreds of millions of dollars in derivatives in just a few months, but it’s not uncommon.

On the afternoon of the same day he requested, he received a call from an investment-related person to his home.

Shortly after the phone rang, the bell rang.

When Eugene went out and opened the door, a slender white woman was standing there smiling.

“hello. Nice to meet you. This is Ivanka Trump.”

Ivanka was a very tall woman.

Even wearing high heels, it is enough to look under the eyes of a normal man.

“I am Vice President of Development and Acquisitions at Trump Organization, and President of the Ivanka Trump Lifestyle Collection.”

She spoke of her position for quite a long time.

“Nice to meet you. Eugene River.”

Eugene recognized her at a glance and welcomed her.

“I came here because they said they are interested in investing in our Trump Organization.”

“I can go to the office.”

“The office is downstairs anyway, so I was on my way to see my dad upstairs. Wouldn’t that be rude?”

“Sure. Come in.”

“Okay.”

Ivanka did not refuse, but strode inside.

“You said you came from Korea? Seoul?”

Ivanka was not ignorant enough to be able to tell the difference between South and North Korea.

“yes. I am from Seoul.”

“Seoul is also closely related to our Trump organization.”

“There are several Trump Towers in Korea, not just in Seoul, but across the country. They are all luxury condos where only the rich live.”

“Yes. As long as it has Trump’s name on it, it’s not a place for anyone to enter, right?”

“Sure. The name Trump alone is worth it.”

Eugene was well aware of how proud the Trump family was for the Trump brand.

“I’m a fan of The Apprentice, so I watch every season, and Ivanka’s side was especially interesting.”

Eugene has expressed that he is very interested in the Trump family.

“Is that so? It looks like you worked really hard.”

Ivanka liked Eugene’s answer.

After having such a haphazard conversation for a while, after a while, we finally get into the story of investment.

“However, I heard that the Mega Millions winnings were used to invest in derivatives and were called huge.”

Ivanka said with a laugh.

It seems that the rumors have already gone there.

“I am very interested in real estate investing.”

In the end, that’s what she came for.

“Actually, I was lucky enough to earn a share in derivatives, but I was wondering if I should invest in safe assets as well.”

“Good idea. There is no asset that is safe and secure like real estate. You’ve been saying it for a long time, right? Real estate never betrays.”

“That’s it. Financial assets are often blown away at once, but real estate never runs away.”

“At the same time, we, Trump Organization, operate a lot of different assets, including very attractive real estate, all over the world.”

Of course, the placenta was borrowed only by the name, and most of the management of the placenta itself is full of insolvency…

“If there is a suitable investment place as well as real estate, I will consider it.”

Since the person I met today was Ivanka, Eugene changed her mind a bit.

“Then can I introduce you to a good investment?”

Ivanka asked, brightly showing her teeth.