Breaking Up Is Better Than Divorce

vocation

“I found a company to take over Samho Card through a joint venture with Daeyang Card.”

Joanna already had quite a few connections on Wall Street.

He was doing his job too well to be an intern.

“It’s a private equity fund called Tommy Bakerson.”

“Was it also a private equity fund?”

At this point, if Daeyang Card and Seoseong Card, which are in the top 4 and 5, take over Samho Card, which has an 8% market share, they will be able to reach the top spot at once.

However, Daeyang Card, a subsidiary of the Daeyang Group, and Seosung Card, an affiliate of Seosung Bank, did not meet the equity capital ratio for the acquisition of Samho Card.

Reluctantly, they had to find a place where they could finance while meeting the conditions for both, and Suseong joined the British Winton Group and Daeyang joined forces with a private equity fund based in the United States.

“The ligature ratio could not be confirmed.”

Joanna had a slightly embarrassed expression on her face as if it was her own failure.

“I didn’t even want that, so don’t worry about it.”

What Eugene wanted to know is another financial line connected to the ocean.

Like DL Capital last time, Tommy Bakerson thought that it might be a private equity fund containing Daeyang’s funds.

There is no way to check.

Because there is no way to know from the outside who’s money is in such a private equity fund.

So… … .

If it has to do with the ocean, it’s better to just judge that it contains the ocean’s money.

If this is a multi-trillion-won business, you can save hundreds of billions of won in slush funds with just a little bit of Congo.

If Daeyang and Tommy Bakerson cooperate to acquire Samho Card for 3 trillion won and decide to hand over Tommy Bakerson’s stake to Daeyang 3 years later, a considerable profit can be made in the middle.

It would not be too much of a speculation to expect that the real destination for the profits will again be the family of Daeyang Group stockholders.

Since the last Freescale incident, Daeyang Group will use other private equity funds instead of working with DL Capital.

Now, Eugene has one more institution in mind.

“Did David leave for England?”

“yes. Now that his successor has taken over as chairman, there is no reason to stay any longer. You look busy. If you want to build your own position there again.”

“You are a great old man.”

“Because it is. It seems that when you do this kind of work, you hardly ever want to retire. Will the boss do the same?”

“Well? You don’t want to do that, do you?”

Eugene did not think that he would continue to invest even when he turned 80.

In my last life I’ve lived close to twilight, but not over 70. So I don’t know what the world will be like then.

Moreover, due to the things Eugene has been doing, by then the world will be completely different from the world Eugene knew.

I don’t know what other people think, but Eugene didn’t intend to invest in something that wasn’t certain.

In the future, I will continue to invest only in what Joo Wook knows and where he can win with certainty.

“How is Joanna? Even when you’re older, you won’t be involved in the investment industry, will you?”

He is the one who will succeed to the throne of the Netherlands in his father’s footsteps. It is difficult to imagine the king of a country hitting short and long in stock or oil prices.

“I honestly don’t know. Because this is so much fun. I want to know where else in the world is more exciting than this.”

When she was saying that, Joanna had very bright eyes.

“It’s not something I do myself, but I’m so excited. If I put my money in… … What if it was our family’s money? Every time the index goes down by 1 point, or vice versa, every time it rises by 1 point, I get excited. And I can’t wait to see what happens in the next minute. The same goes for acquisitions. The same goes for the analysis to confirm the acquisition target before that. I guess this is my vocation.”

To anyone who could see, this seemed like a vocation to Joanna.

“I didn’t expect it to fall this far in less than a month.”

Joanna said with a recalled face.

On July 9, the Shanghai Composite Index fell to 3,300 units.

“The short positions alone are 170% of the returns, which is close to $7 billion. And with another 3 million drops, that would be an additional $10 billion in profits.”

All day long, Joanna’s excitement didn’t go away.

It’s unlikely that you’ll ever have a chance to witness a $5 billion in $20 billion in a month.

“Investing in oil futures is also cruising. It is already down 10%.”

It has already recovered $800 million from oil futures containing $2 billion.

“If you just choose what happened, it seems like everything is going to be successful. There must be some special know-how unique to the boss, right?”

It seems that Joanna is trying to learn Eugene’s know-how somehow.

Unfortunately, Eugene’s know-how wasn’t something anyone could learn.

And from the next day, the Chinese stock market started to rise again.

The index, which went down to 3,400, crossed 3,700 in one day.

“The stock market is difficult. I thought the notice would be visible in a day or two… … Conversely, it increased by more than 5% in one day.”

Joanna said with a look of regret.

The large investment amounted to billions of dollars in lost profits in one day.

No matter how much money she has seen on Wall Street, it seems that her heart is tightening when she sees the rising graph.

“There is a saying that the Chinese government will come up with a strong stock market stimulus policy. Will there be any need for action? boss?”

As Eugene had requested from the beginning, Joanna was not at all shy about expressing her opinion.

“What if it’s a workaround?”

“There are several investment banks that have contacted me to terminate the contract even now. I don’t think it would be bad to cancel that company and hedge some of it, or reduce some of the index investment.”

“Leave the contract with the investment bank and only liquidate the index investment.”

Eugene knew that one correction would come before the index fell below 3,000.

I just didn’t know when that was, but looking at the situation, it seems that now is that time.

It’s temporary, but you don’t have to cut back on profits knowing you’ll recover to some extent.

“If we don’t come up with a proper stimulus policy even if we go to around 4,000, let’s go back in.”

“All right. boss.”

In the days since that day, many of the funds invested in the Chinese stock market were liquidated.

And, as Eugene said, the stimulus policy introduced by the Chinese government did not look very promising until it recovered to 4,000 again.

Perhaps the Chinese government believes that the stock market will recover as it is.

“Go back to the shorts.”

The time that Eugene had been waiting for has returned.

This time, we decided to put a lot of our profits back into shorts.

“Are you putting in all eight billion dollars?”

Including the initial investment of $4 billion and the profits over the years, there was approximately $10 billion in room.

Of that, $2 billion was put into oil futures, and $8 billion, twice as much as last time, was poured into the Chinese stock market’s decline.

“Sure. All.”

“I always invest so heavily. It’s not a way I can follow.”

What Joanna considers to be her investment funds is the property of the Dutch royal family. Of course, it is impossible to make an ignorant investment like Eugene with royal assets.

“One day I will find a way to invest that suits Joanna.”

“Right. I will find my own way.”

Joanna wanted to learn Eugene’s investment techniques and create her own way.

“I plan to go to Korea for a while next week.”

Eugene had a brief meeting with Oh Jae-hyeok, a correspondent in the United States of the Minkook Ilbo, and, as always, gave him a little pocket money to show his favor and leaked information.

“This is going to be a tough road.”

“Is it because of the lawsuit?”

Oh Jae-hyuk asked with a sad expression on his face.

“uh. I don’t think it’s possible to avoid it anymore.”

Eugene answered with a dark face that he seldom made.

While Chinese stocks were rising again, Eugene prepared to leave for South Korea.

The hearing date of an ongoing lawsuit with my ex-fiance was approaching.

Eugene wanted his own lawsuit to continue in line with the lawsuit between his father’s company, Sungjin Precision, and Daeyang Heavy Industries, and now the results of the first lawsuit against Sungjin Precision are approaching.

“If Joanna needs anything, prepare it.”

This time, I plan to take Joanna with me.

“Korea?”

Joanna had a happy expression on her face.

“I am very curious about where the boss is from. really! Have you been to the Netherlands?”

“once. It was because of work, but I remember it being a pretty cool place. I went to Rotterdam and The Hague, but I remember eating a lot of Indonesian food.”

“Next time with me… … No, that would be a little difficult.”

Joanna smiled awkwardly.

When you enter your home country, you will have to act as a princess, so it will not be inconvenient.

“okay. If we get a chance, we will go together.”

If not, there is work to be done in Holland. Together with Freescale, NXP Semiconductor, a strong player in automotive semiconductors, and ASML, a semiconductor manufacturing equipment maker, were planning to visit soon.

But if you are interested in acquiring a local company, how will the princess come out?

In mid-July, in the midst of the heat, Yooseong, who was busy building a cryptocurrency exchange, left New York and went home with Joanna.

Arriving at Incheon Airport and leaving the arrivals hall, a flashlight suddenly went off.

With a slightly startled expression, I looked at the place where the flash went off, and the bodyguards came forward and surrounded Eugene.

“It’s okay, open the front door.”

When I talked to John, the leader of the security team, two people who blocked Eugene moved aside.

Then the flash went off again, and someone came and held out the microphone to Eugene.

“I am reporter Nam Ji-hyun of the Minkook Ilbo. I understand that Kang Yu-jin’s return to Korea is due to a lawsuit with her ex-fiance. Do you have any regrets for your fiancee who broke up the day before the wedding?”

Eugene hardened his face at the reporter’s sudden attack.

“Don’t you think it’s cowardly to procrastinate like this while the breakup was notified the day before the wedding? If you thought about the feelings of the bride who broke the wedding the day before the wedding without any reason, I think it is necessary to apologize.”

Rather than coming out for an interview, it seemed that he was acting solely to criticize Eugene.

“The ex-fiancée because of Kang Yoo-jin’s mean behavior is said to have had a miscarriage while she was six months pregnant, shouldn’t she show her reflection?”

Eugene doesn’t even give her time to open her mouth and shouts out what she wants to say.

It was clear from the outset that he was here with the intention of damaging Eugene’s image.

“How do you think the public will see a woman having such a misfortune and having an affair with a blonde white woman? People are now outraged at seeing Mr. Eugene ruining a woman’s life and blatantly walking without a word of reflection.”

It was clear that he had no intention of continuing the conversation. The reporter is only pouring out primary criticism over and over again.

The Minkook Ilbo is a media company affiliated with the Pro-Daeyang Group, so I could fully understand why it was here.

“Did you say you were reporter Nam Ji-hyun?”

Eugene, who had been listening silently until then, opened his mouth.

“yes. This is Nam Ji-hyeon, a reporter for the Minkook Ilbo. Would you like to leave a word of remorse for your fiancée?”

Looking at the excited reporter’s face, it seems that it’s not just because of Daeyang’s orders.

“Are you going to investigate now? Or are you trying to interrogate me?”

“I want to hear Eugene’s apology on behalf of the people.”

“Did the people ask reporter Nam Ji-hyun to listen to my apology?”

“yes. Many people are outraged by Mr. Eugene’s unscrupulous behavior.”

“I don’t know what kind of people asked reporter Nam Ji-hyun, but if you want a proper coverage, make a formal request and do the coverage. And if there is any legal action to be taken against the words I heard from reporter Nam Ji-hyun today, I will contact you through a separate legal representative.”

Eugene said to the reporter with a cold face.

“Are you threatening reporters even though you are doing something that infuriates the public now?”

Reporter Nam Ji-hyun of the Minkuk Ilbo shouted without losing.

It is a time when Korean journalists have not yet fully seen the bitter taste of the lawsuit.

“Branch. now.”

There was no need to listen any more.

Anyway, the fire was lit up enough to enhance the atmosphere.