Chapter 118

Harvest. After an accident against President-elect Biden, I did not go to San Francisco right away. Staying at a luxury hotel in New York, avoiding the press, and staying quiet. ‘I have no intention of being hostile or fighting.’ It was a subtle signal to President-elect Biden or his team. Isn’t that what politics is all about? By understanding the thoughts and attitudes of this side, the other side will also be able to organize its position. (I just said my thoughts on the spot. I didn’t mean to make it difficult. Didn’t the president-elect say it was okay?) I wanted to give you this feeling. Even if you don’t accept it properly, there’s nothing you can do about it. Biden-elect’s schedule was almost every day, and I received questions related to me from reporters. I watched it on the hotel television. “What do you think of Kim Shin? He is a very capable person. Genius of the century. As a businessman, as an investor. I think I can do a lot for America.” If I interpret it in my way. (Kim Shin. You’re a guy with a lot of ability. You’re a smart guy. Do a good job. We’ll see.) Maybe this is how it feels. Biden-elect also said in an interview with another reporter. “I also subscribed to the Earth Channel. I watch it late at night with a glass of beer. My son and granddaughters also loved it. I hope there will be more good content.” I also interpreted this in my way. (They started a new business this time. Let’s work harder on the business.) It’s not professional, but it’s a political interpretation. From what I’ve observed for several days while staying at the hotel, it seems that there is no intention of escalating the fight on the other side. ‘I have no reason to fight the US administration either. It’s not like there’s any benefit.’ There is no significant stake involved. What kind of fight are you going to have with someone who will soon be entering the White House? ―Kim Shin: Is there any problem with the company? ―Myungwoo Oh: Sure. Don’t mind. I was worried that it would be a burden to Earth Resources or Oh Myung-woo because of an accident. ―Oh Myeong-woo: If you have to, you can close all of your business in the US and move to Korea or Europe! Earth Resources’ business area is not limited to the United States. ―Kim Shin: … …. I once said that to the Minister of Health and Welfare of Korea. The word “getting together” was just right. ―Kim Shin: I have no intention of going into extreme confrontation with the next administration. ―Kim Shin: But as a businessman, I think I need to pay attention. I’m not going to San Francisco for a while. ―Myungwoo Oh: That’s a good way. ―Oh Myeong-woo: Even in Korea, everyone has a period of self-reflection when they are caught drunk driving. Korea’s Ministry of Health and Welfare was in a state of fire. 〈Corona pandemic, securing a vaccine?〉 〈The government should make an all-out war to secure a coronavirus vaccine 〉 〈Negotiating the purchase of four final clinical coronavirus vaccines, excluding K-vaccine〉 ＜Why can’t I buy K-Vaccine made in Korea?＞ The corona pandemic came, and the number of confirmed cases exceeded 1,000 a day. Many economic activities in large cities, including Seoul and Gyeonggi-do, were suspended, and factories were closed. The media was focusing on why it was difficult to find vaccines in Korea that are being vaccinated in the United States or Europe. Regardless of the ruling and opposition parties, politicians were criticizing her, and the Blue House was also under intense pressure. “Damn it. Can’t we get a K-vaccine?” “It is said that sales reservations for all vaccines have been completed by early next year.” “Tell me to give it to you!” “Biolife says it is difficult because it is a contract with the state.” The K-vaccine has been verified to have an antibody effect, but the production volume was already booked. Since it was a transaction with powerful countries such as the United States and Europe, it was difficult to forcibly adjust the volume of the corresponding country. “These guys… … .” Minister of Health and Welfare Shin Won-tae gnashed his teeth. Recalling the phone call with Shin Kim, I wondered if he was feeding himself taffy. ‘Yeah, you must be Korean. Are you just going to pass over the crisis in Korea? Aren’t you afraid of public opinion?’ I was going to try and put pressure on him to somehow get the vaccine. Article sources were provided through several Internet media outlets. 〈K-vaccine sold only to developed countries because of money blindness〉 〈K-vaccine not provided to the Korean government〉 It was the judgment of the Ministry of Health and Welfare of Korea that decided not to purchase the K-vaccine at the time, but the process and results were slightly tweaked to stimulate. Bio Life is a Korean company. Iseong Biologics and DK Bioscience are also Korean companies. Large media outlets do not write articles out of concern for large companies, so I finished negotiations with Internet media outlets. The Minister of Health and Welfare Shin Won-tae, who was politically cornered, was in a position where he had to do anything. In the meantime, I saw Kim Shin on the morning news. Holding a microphone and speaking confidently in front of President-elect Biden. “I think everyone needs to wake up. No one deserves to be arrogant. If you commit an irreparable mistake, the people will suffer the damage.” Shin Won-tae opened his mouth wide. “Me, me, is that guy crazy?” As the Minister of Health and Welfare, he was able to take a tough line against himself. As politicians often say, he is the richest person since Dangun, and considering the cooperation with large companies and the production of K-vaccine, it was a burdensome opponent for the minister to touch. But in front of the future president-elect, who will be in the White House, he speaks bitterly without hesitation. ‘I misunderstood the person.’ At that time, it was considered easy because it was the second stage of clinical trials. As the head of the policy authority, he always thought of himself as the best because he had absolute authority in the health and welfare field. In South Korea, no chaebol has ever faced a member of the National Assembly or a minister. Who would have known that in just a few months, it would increase its fortune tremendously and exert an influence by selling vaccines around the world. ‘I would have been more careful if I had known that he was a madman who would spit bitter words even at the president-elect of the United States.’ With the success of the Earth Channel, it was Shin Kim who dominated the broadcasting market. Influence on Seohak ants. Considering the power of embracing the middle class and the common people, Kim Shin was the absolute best in Korea. “We are ready to publish an article about Kim Shin in the news.” It was a call from an internet newspaper. “Let’s hold off. No, I will destroy all the articles I had.” “Yes? If you break the news about Kim Shin now, the public’s attention will be completely focused.” How can you be so clueless? It was not a third-rate Internet newspaper for nothing. “Don’t be stupid. Do you want to ruin the newspaper by trying to get a few views?” ―Vice President Jeong Beom-tae: Content production for the Earth channel is going smoothly. You know the story the representative told you the other day? ―Vice President Jeong Beom-tae: A reality entertainment that survives every round through games. ―Vice President Jeong Beom-tae: The production of entertainment started by the PD who transferred this time. Since the prize money is 3 billion won, many celebrities are also applying for participation. Perhaps because of the accident, many people contacted me. Vice President Jeong Beom-tae often delivered news from Korea. Even if I don’t check KakaoTalk, they tell me good stories. ‘It must be fun because it’s a new variety show.’ In the past, there was a variety show that had a new challenge every Saturday at a broadcasting station. The entertainment is conducted by fixed members. It was popular for a long time, and I just enjoyed watching it when it was broadcast, but after it passed, it was part of the memories that reminded me of my 20s. ‘I want to give people more pleasure because of Corona.’ We gathered the members at that time and decided to invest 30 times the production cost. I don’t know if I’ll be able to make money because I’m broadcasting on the Earth Channel, but it was enough to make it fun. The OTT business needs a lot of content, but it has the characteristics of an inexpensive plan of 5. It has been proven that subscribers won’t leave if they have one or two fixed shows to watch without missing. ―Executive Director Ahn Myeong-guk: There are many projects for new drug development in Biolife. ―Executive Director Ahn Myeong-guk: As instructed, we are spending money sparingly. ―Executive Director Ahn Myeong-guk: Here, things are proceeding neatly. I also hired smart subordinates. We are ready to go to America whenever you need it. Ahn Myeong-guk, who was the boss at Arcor. He cared about me by texting me more often than usual. ―Jin Yoo-kyung: As expected! If you’re a man, you should! ―Jin Yu-gyeong: Well done. Hot! I read and chewed Jin Yu-kyung’s text literally. ＜A warning from the bond king. Possibility of inflation not seen in 30 years＞ 〈Stock market bubbles and inflation. Controversy among the stars surrounding Kim Shin’s remarks＞ 〈Paul Krugman, Nobel laureate in economics, “The lucky investor is just an idiot who doesn’t know economics. Inflation does not happen in the present era.”＞ In the United States, debates about Biden’s stimulus plan or inflation were actively taking place. “A TV show invitation came from Fox Station. It is said that it is a discussion about Biden’s stimulus package.” “Reject it. Absolutely, without any margin.” I have no intention of participating in this discussion. Aside from confronting the Biden administration, just imagining a debate with world-class scholars was exhausting. Although he graduated from college, his ignorance will soon be exposed if he engages in discussions with tenured professors at prestigious universities. I don’t fully trust analysis in the economy, but to say that I felt the bubble…. ‘If I said that I felt a human indicator by looking at the people and investors who participated in the economic advisory meeting, I would be completely ignored.’ Do you have any reason to participate when you know that there will be a terrible dark history? “Jongyeop.” “Yep, older brother.” “I need to sell my stock.” The stocks he held rose about 10 times, so the value and quantity were enormous. One of the reasons I came to New York was to see if any institutional investors were willing to buy in the form of a block deal. “You see it as a bubble and put it into action.” “Yes. I don’t think it’s peaked yet. I think it can go up more if you have it, but you should sell it when you have room for the stock price to rise. I also have to liquidate the call options I bought periodically from JP Morgan.” The volume was so great that it could shake the stock market itself during periods of decline. It was burdensome to meet Ellie, probably because she was in frequent contact with Jo Soo-ah. That’s why I stay at a hotel in New York instead of going to her house. 〈Kim Shin, by staying at The St. Regis Hotel in New York〉 I couldn’t eat only room service every time, so as soon as I ate at the restaurant, there was an article. ‘There are reporters everywhere.’ There was an article about him in New York, but he didn’t hear from Ellie. Let’s say it’s a relationship that doesn’t lean on each other or burden each other. “This is Gundlak from Double Line Capital.” “This is Kim Shin. Are you interested in Etsy?” “Yes. We value the company’s vision highly.” An e-commerce business that makes handicrafts. Shares of a company that used to cost $30 a share were now $300. It’s a crazy price, but investors all over the world are buying stocks to make more money. “It is an honor to meet CEO Kim Shin.” “I am.” New York State Public Employee Pensions. I met them and sold my shares in Peloton for $1 billion. After drinking a cup of coffee and having a light conversation, the lawyers signed the documents and concluded the transaction. ‘A billion dollars feels relatively small.’ It was over $1 trillion. The price of a super-large container ship that can carry more than 20,000 containers at a time was a little over 170 billion won. A mountain of materials and workers have to stick together to work. In New York, billions of dollars’ worth of deals were signed with simple conversations. 〈Tesla breaks through $850 per share〉 〈Goldman raises next year’s US growth rate to 6.4%〉 “Don’t fight the Fed. Inflation fears subside, Dow continues to rise. In many ways, it was a good environment to sell stocks. The joy of realizing profits by buying stocks of good companies at a low price. It felt like harvesting stocks that had grown rapidly over the past year. ‘It’s not bad if it’s a self-reflection period like this.’