Chapter 138

Real genius. [TSMC. Announcement of lower sales estimates for the third quarter of the year [US stock market, semiconductor sector ‘plunging’] [ IT manufacturers that used to be good. Sudden stock price drop. Earth Resources’ Pangea service caused stock prices of related companies to drop. A week later, the aftermath did not stop there. [Insight, a company specializing in market research. Announces 50% increase in desktop and laptop inventory] Intel is trying to invest in semiconductor attacks. Plan review ] [Intel and AMD. The biggest damage from Pangea is expected to be the laptop market. A laptop with less performance than a desktop. The price has increased by two or three times, even with a slight improvement in performance by inserting a CPU, memory, and a graphics card. – If you connect to Pangea, will the performance of your laptop become a supercomputer? – Now, buying an expensive laptop is super! – All expensive gaming laptops are ruined. – Aren’t cell phones the same? – Right. You don’t have to pay more than 1 million won for a flagship like this. Heavy programs can be run with Pangea. – It has a big screen and a lot of battery. – There are many phones with large screens even in the low-end line. Time to wipe out the booming mobile phone market. – Ah, do you know when Pangea will become popular? This is only 100,000. Are you sure you’re among the 100,000 people in the world? – It is said that the capacity will be increased to 1 million from Daom State. If there is no problem, increase it to 3 million. – Really? – Earth Resource has plans for everything. Sales of high-end laptops fell more than 70%. Its influence extended to flagship mobile phones, and computer, semiconductor, and mobile phone manufacturers were hit hard. “The stock market lives off expectations. Because Pangea is some serious bad news.” I was honestly surprised by the world’s reaction as I watched the news. ‘Is this something to react to this extent?’ Even if the Pangea service becomes popular, it will not be without inconvenience. If you use it on a mobile phone, it will consume a lot of data in places where there is no Wi-Fi. If you’re on an unlimited plan anyway, it won’t matter. ‘Well, the important thing is that the service itself started.’ The Earth channel had over 400 million subscribers. It was as if the simultaneous service around the world had begun beyond the border town. Considering that other companies provide services similar to Pangea and can secure users, it was not usually a bad thing for manufacturers. It means that times are changing, so there is no way to deal with it. – Ellie: The total rate of return of the individual stock option traders invested is 156%. – Shin Kim: Yes. I see The $30 billion bet paid off, unsurprisingly. – Ellie: Are you okay? – Kim Shin: What? – Ellie: If it were me, I would go crazy because I was thrilled. It earned $46.8 billion in one month. It was an astronomical profit, so if it was three years ago, I might have been drinking too much because it was hard to keep my mind sober. However, it has grown as time has passed. It wasn’t the amount that would change my life now. – Shin Kim: You bet on the expectation that the stock price will fall. I was expecting the result. – Ellie: Phew. You are so amazing … I wrote a legend rate as Investor A in Morgan. – Shin Kim: Investor A? – Ellie: It was delivered to Investor A for security within the company. Maybe some employees expected or noticed that it was you. The purchase of put options on stocks of individual companies in bulk. The name Kim Shin could have an impact on the company’s stock price, and there was a possibility of confusing investors. That’s why I became an anonymous investor. It’s a pity that we couldn’t add a legend to Wall Street, but it could always be known again. – Shin Kim: Yes. I see – Ellie: When are you going to exercise the option? – Kim Shin: I have to do it now. Let’s exercise 30% every day and finish it within this week. – Ellie: Already? If we wait a little longer, a dumping of manufacturers could happen. When a vaccine is released and the coronavirus pandemic is over, sales of electronics will decrease. Then the yield… When it comes to investment groups, the concern is always profit. If you leave it alone when it is profitable, you cannot sell it because you think it will make a bigger profit. It’s hard to sell while I’m losing money because I think it will come up if I wait. – Kim Shin: I don’t want to be greedy. I will arrange it as is. Computer or semiconductor manufacturers were companies with strong competitiveness, capital, and technology. They didn’t know how long they would stumble, and it was right to realize it if they earned a moderate profit. “You don’t make money when you win. You earn money when you wake up after winning.” My father’s words remain in my memory for the rest of my life. – Ellie: Okay. Then I’ll tidy up a little bit. – Kim Shin: Thank you for your hard work. @ It is entirely thanks to the developers who created the Pangea project that the opportunity to earn a large amount of money this time was provided. I was thinking of giving developers a lot of compensation. “Eddie. The Pangea project was really hard.” “Monday. It wasn’t too difficult.” “…” When you go through an interview with Earth Resource, you might feel like Harvard, MIT, or Stanford college students say that studying is easy. “If you fully open the Pangea system, can we call it Pangea Live?” “Sure. It sounds better that way.” He granted Eddie’s trivial request and ate a hamburger for lunch with him. 3 people who eat hamburger rolls even after making the most delicious cafeteria in America, which is not the most luxurious. What does it taste like when you bite into a hamburger with a well-grilled patty? “Hmm. I’ll have to see if I can get a double-double burger in the company cafeteria.” Eddie’s eyes widened at my words. “Really?” “Yes. It’s a franchise-type store, and it’s free for employees. You can pay for meals at the company.” “As expected, my brother is the best.” “…” Was the idea of opening a hang-burger shop to be so highly regarded? A large building with 25 floors. As Earth Resource continued to expand, it was thought that the number of employees could increase to 10,000 or 20,000 or more. Several business departments are already complaining of manpower shortages. “Oh. And by the way.” I had an idea that came to my mind while making a big profit by investing with a put option this time. If I had money, I wanted to spend it, and I kept seeing companies that I coveted in Silicon Valley. “There are various programs that you use when you use a computer.” “There are many.” From office programs such as word processors, Excel, and PowerPoint to graphic tools such as Photoshop. The prices of software that people often use are quite expensive. They monopolize the market based on a high market share. But if you look for Photoshop, there are many other companies’ products that are functionally useful.” “There is. I just don’t use it because I’m not used to it.” Photoshop 1.0 was released in 1990. Since then, numerous versions have been released as product functionality has improved, but the basic usage has not changed. Even since 2012, the software has not been sold, but has been sold by renewing the license online every month. Updates are slow, cancellation fees are paid for early termination, and even automatic payments are made regardless of whether or not you use it. “Why don’t you buy a license for software that has a low market share, but is functionally good and provides it on Pangea Live?” Provides various utility programs. I didn’t look closely at profitability. It was an idea that I thought could increase the utilization of Pangea Live. Even if it is a program that is not familiar to you, if you are an expert, you can quickly understand how to use it after using it for a while. Best of all, a selection of good software will be provided for free. Eddie ordered it for a moment, then blinked. “Your brother is a real genius.” “Yes?” “I’m really surprised.” Eddie is a true genius, so I thought everyone thought on his level. This time, I even thought that I was afraid of what kind of ideas I would see and think that I was a genius. @ Oh Myung-woo was contacted by numerous headhunting companies. From well-known companies to mid-sized companies. Even from Chinese companies. “I will set my annual salary at more than $300 million. Of course, I am granting stock options. If the stock price rises, I will be able to earn more than $1 billion in a year. It will be possible to earn more than that.” It was a good condition to the point of humiliation for an ordinary office worker. Oh Myeong-woo said with a sluggish yawn that he had no intention of changing jobs in the first place. “You know the company building of Earth Resources, right?” “Yes. I saw where you are.” “That building is mine. Kim Shin gave it to me because I worked hard.” “…” After rejecting several offers, he came with a higher salary condition. “If you change your job, within a year or two, don’t you just suck up the sweet water and throw it away?” “No. I don’t.” “It’s soup. Otherwise, why are you trying to take me with an expensive salary? And if I go, are you going to start a service similar to Earth Resources?” “…” Oh Myung-woo thought that Earth Channel and Pangea caused a huge stir in the IT industry while being persistently courted by headhunting companies. There was a time when a blonde beauty who was much prettier than Ellie came out of a headhunting company. “Are you trying to use me as a beauty?” “Yes. Can’t I?’ Oh Myeong-wu replied firmly to the beautiful woman with a bright smile. “Whoops. Unfortunately, I don’t have a date. I only have updates.” “An update?” “Yes. I walk my path. Download.” “…” Oh Myung-woo has lost interest in women in the real world. When I returned to work, I worked even harder. ‘I have to build up the game industry of Earth Channel.’ It was the weakest division on the Earth Channel. With a heavy sense of responsibility, they eagerly come up with ideas and propose support measures for game companies. A large event was held for the most popular game, ‘Last Survivor’. $4.56 million in prize money! It was a prize money made by comparing the squid game, and users from all over the world came up in a tournament format, and the final person got the prize money. “There are over 3 million applicants so far.” Reallyy?” “Yes! I think it’s because there are no restrictions on participation.” Age, occupation, gender, and education. There are no restrictions, and anyone can earn $4.56 million if they play well. It was considered a great event even by the streamers of the Earth Channel, so applications flooded in. – $4.56 million from gaming. There is no separate entry fee; it’s honey. – If you play a few games, you can play and eat for the rest of your life. – It feels like the whole apartment in Gangnam came out as prize money. – Wow. This must be a competition joke. – It is said that it will be played on a map of 300 people. Free to attend on set dates. You have to get 3rd or higher in 10 rounds to pass that day. – It’s no joke to be in the top 3 every day. – Theoretically, 10% survive each day. It is said that it will be done until the final 10 people are filtered out. – The first day is not difficult. From the second day, it seems that the talented players are gradually being filtered out. – It will be a real war later. Americans and Europeans also liked games. However, Asian culture is engrossed in games, risking their lives. In particular, even in healing games, it was Korean gamers who competed for points while finding the shortest growth route.