Chapter 76

Self-created content. Donghak ant. It refers to individual investors who buy Korean stocks whose stock prices have declined due to the coronavirus. Seohak ant. It refers to individual investors who invest in the US stock market. 〈Seohak ant 3-month return on investment surpasses famous hedge funds〉 〈What is the secret of the Seohak ants who actively bought out of fear?〉 〈New York stock market, earnings surprise + expectation of normalization of lockdown〉 〈Seohak ant investment total exceeds $25 billion〉 Every day, Korea was excited by the success of individual investors. It was considered a representative financially underdeveloped country and was alienated from overseas financial investment compared to its economic size. However, Donghak and Seohak ants appeared and raised financial profits through active purchases. Taking advantage of this gap, securities firms and fund managers focused on sales. ―Even if you sleep, money doesn’t sleep. Buy financial products managed by experts! ―Stocks are the cheapest today. Don’t look for an undervalued point, and steadily buy stocks of good companies. ―Investing in stocks is going with companies. Everyone can get rich by waiting. Financial companies that are actively involved in selling their funds. The gaze of the public looking at this was cold. ―I was greatly deceived in the mid-2000s. Will you still be fooled? ―The money is made by individual investors, so why advertise a fund? ―In the stock market, when experts say 90,000 or 100,000 go, you have to sell unconditionally. -Ah, so, so what is the return on the fund? Taller than me ―There is a Korean investment proverb. Don’t trust reporters and pundits. When they say buy is the right time to sell. ―You just need to trust Kim Shin-hyung. If Kim Shin-hyung tells you to buy it, buy it without asking or questioning. It doesn’t matter if it’s a pandemic or a recession! -Don’t trust the experts. Do you believe in Kim Shin? -He is a god. ―That’s right, ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha ha Even as coronavirus spread, the Korean stock market and the New York stock market rose together, and they were individual investors made a lot of money. The stocks that Kim Shin bought. Although it was not disclosed publicly, it earned sweet profits by actively buying stocks of companies known for stock changes. -Follow Kim Shin. ―If you haven’t bought US stocks yet, don’t get married and have children. Because the children will resent what their father did. At the same time, more people actively started investing. The amount of Korean individual investors buying US stocks reached 1 trillion dollars every day. ―Kim Shin-hyung doesn’t talk for a long time. Shares are low on YouTube. I live. You guys make your own choices. From then on, the stock price skyrocketed. Unaffected, IT companies. Stock price returns are coming to an end. ―Trust the Kim Shin index. Kim Shin’s investment index returns overwhelm the returns of all stocks. ―Have you read the article about Kim Shin’s coin investment? After selling it, the coin board collapsed. Nonetheless, there were voices of concern. – Doesn’t everyone know? Shin-hyung Kim also failed to invest. -What? – Nicola. – You earned a lot from that, too. ―I know that Kim Shin-hyung invested 200 million dollars and earned about 4.5 billion dollars. Making seed money jackpot with Netflix. Why is this a failed investment? ―You invested $200 million, and the rate of return on investment is 2,200%? Yess. But right now, Nicola is on the verge of listing, so the stock price is jumping even more. 〈Hydrogen truck maker, Nikola listed on Nasdaq〉 〈Chairman Nikola “Tesla is a competitor”＞ 〈Nikola Juju runs terrifyingly〉 〈Fed liquidity supply, towards Tesla-Nicola〉 〈Nicola, expected to exceed Ford's market cap.〉 I was investing in the New York stock market and reading the newspaper meticulously. Because you have to understand the flow of the economy and the changes in the world. Lee Jong-yeop woke up early in the morning and read the articles he scraped hard while drinking his morning coffee. Most of the articles are from the US, but if you read them, there are some good Korean articles. In just a few months, it was considered like hometown news. “Looks like Nicola has finally gone public on NASDAQ.” “Yes. Older brother. Ford’s market capitalization is expected to exceed that of any time.” Tesla also once became a hot topic by exceeding the market cap of Ford. The first mass-produced car was made by Henry Ford, a great company that made the United States an automobile kingdom. It withstands financial crises quite well, and makes small to large cars and downsized engines quite well. Ford is being compared to a neighborhood book. “I have about 1.2 billion dollars left in Nikola. I’ll have to find someone to sell to.” I was meeting every day and preparing the Earth channel, but the stock market always kept my interest open. ―Total assets: $20,386,781,297 $20.3 billion. Investing in stocks has far outperformed the money earned by Earth Resources. This is why everyone has no choice but to live aiming for one room. “Jongyeop.” “Yep, older brother.” “Let’s ride a bicycle to work today as well.” “Yes.” This time, he bought a Rolls-Royce, and Lee Jong-yeop liked it. The Cullinan, released last year as an SUV model. If it were Rolls-Royce, it was like a synonym for a car driven by the rich. ‘Very expensive luxury car.’ However, I was told that the purchase price of the vehicle was $320,000. It’s a starting price without options, but it feels very cheap for some reason. The concept of money was being newly established to the extent that the thought of selling it at such a low price passed by for a moment. When I was a commoner with a dirty spoon, I cursed the luxury of the rich. After becoming rich, spending money on a car doesn’t seem like a lot. Of course, there are limited edition cars that cost more than 2 million dollars, but I didn’t want to buy one because it was annoying. Anyway, I much preferred riding my bike to work to driving a Rolls-Royce to work. I rode a bicycle and went to work early with Lee Jong-yeop. “Cool and nice. I still remember the feeling of riding in the Han River.” “Yes. older brother.” “It would be okay to go to work by bicycle every day. right?” “Yes. older brother.” Some things can’t be done no matter how hard you try. While preparing for the Earth channel step by step, I thought it was not easy. ‘We have to give users enough fun.’ People are watching the video. The person who makes the video. People who enjoy games or music. Shouldn’t aiming for all the content on earth be fun after all? “Let’s do something that can bring joy to people in the Corona era.” “Yep!” Even though his current fortune was well over $20 billion, he was dismayed to learn how much Netflix was investing in content each year. $15 billion. That’s how much money we spend on content in just a year. Famous Hollywood movies have earned more than 700 million dollars worldwide when one is released. “Compared to American companies, it is really at the level of a hole-in-the-wall shop.” With box office income from a single Hollywood movie, it is creating a comprehensive content platform. A reason to have hope, nonetheless. When Netflix and Facebook were just starting, they were small companies. Companies that have grown while embracing a huge market. The growth rate of Earth Resources was much faster than theirs. ―Vice President Jeong Beom-tae: Discussions with film producers have been completed. I have been in touch with Vice President Jeong Beom-tae every day these days. Casting for Korean movies and dramas that were released a year or two ago. Consent was obtained for disclosure on the broadcasting platform. Even purchasing the entire publication rights of works that have recently been released or whose release itself has been delayed due to the coronavirus. In the early days of the broadcasting platform, Korean content was planned to be the main focus. ―Kim Shin: What about girl groups? ―Vice President Jeong Beom-tae: We are in discussions with 7 entertainment companies that have popular girl groups. K-pop is popular all over the world. It was decided to hold girl group or boy group performances or fan meetings on a broadcasting platform. I had to pay part of the cost of the performance, appearance fee, broadcast rental fee, etc., but I decided that I could make enough profits. The reason why I ask about girl groups in particular is that it is Oh Myung-woo’s interest. The three girl groups he picked were unconditionally selected. ―Kim Shin: It would be nice to have movies or documentaries. I want to use it often on broadcasting platforms by myself. ―Vice President Jeong Beom-tae: Yes. We will secure experienced film company employees and contact them about foreign content. ―Kim Shin: How is the self-production situation? Dream Art Rainbow was also developing its capabilities as a production company. So far, I haven’t called for it, but I was curious to see if it had any results. ―Vice President Jeong Beom-tae: We are preparing to produce works that have only been floating around for several years. ―Vice President Jeong Beom-tae: Good works were being delayed because of various investment situations, production scales, and actor schedules. ―Vice President Jung Beom-tae: Confirming investment in Netflix, casting actors, and preparing for production. We also took over work that was suspended due to the coronavirus ―Kim Shin: Are you on Netflix? Netflix’s content. I got to know him in the US, and while traveling to various countries, I often watched Netflix because it was convenient. At first, I thought it was fun, but unexpectedly, I ran out of things to watch quickly. And I started to step into self-produced content. ‘There’s a lot of Class B’s piled up.’ I thought it was self-produced and didn’t spend money, but looking at the amount invested every year, it wasn’t like that. ―Vice President Jeong Beom-tae: Although it is a self-produced work, the story is stimulating and good for us. ―Kim Shin: Really? ―Vice President Jeong Beom-tae: Yes. Gambling, death, competition. I think viewers will like it because I put a lot of stimulating elements in it. ―Vice President Jeong Beom-tae: It’s a drama, but it was a stimulating work that KBS or MBC couldn’t possibly make, so I stayed put. ―Kim Shin: Then, you received investment from Netflix, not Korea. ―Vice President Jeong Beom-tae: Yes. Overseas standards are much more lenient, and Netflix said that you can produce a series in Korea for the amount of money you pay to make one in the United States. As we talked about it, I became curious. ―Kim Shin: What is the name of the piece? ―Vice President Jeong Beom-tae: It is an octopus game. The name is childish, but the story is good. We hired good actors. -Kim Shin: Ah. Yes. It was not expected. As long as Dream Art Rainbow has confirmed production, the owner in the US cannot stop production. ―Vice President Jeong Beom-tae: Other works from the drama production department were also scheduled to be released one after another. ―Vice President Jeong Beom-tae: Since you said you are launching a broadcasting platform, we have prepared a lot of work that will be popular overseas. -Kim Shin: Which one? ―Vice President Jeong Beom-tae: Destruction, zombies. It’s this type of drama. ―Kim Shin: It would be a Korean-style story. ―Vice President Jeong Beom-tae: Yes. I’m thinking of driving it provocatively. Vice President Jung Beom-tae, who has worked for a long time in a small and medium-sized investment company. Despite the generous budget given by Korean standards, they were actively working on producing movies and dramas with stimulating subjects. Team leader Ahn Myeong-guk got on the train and went to work. Familiar yet boring company life. After a simple morning work, I went up to the rooftop to talk with the staff as usual. “I will resign.” “What?” “I want to quit Arkor and find a new dream.” “Hey, this crazy… … .” Team leader Ahn, who was about to curse at Kim Sang-ki’s words, hesitated for a moment. “Have you been contacted by Kim Shin?” Since there was a case of Lee Jong-yeop, I was asking just in case. Otherwise, I wouldn’t say I’m leaving with such confidence. “You’re right. Hehe.” “Are you going to America for a long time, too? You are not good at English.” “I have to stay in Korea. Shouldn’t I protect Korea?” “What did you tell me to do?” “I am planning to set up a gaming team in Korea, but there is no one I can trust, so I ask for the position of the team leader. With an annual salary of 300 million.” “Sir ☓.” Team leader Ahn ended up cursing. Burning his youth at Arkor, he has done many things. The value of an employee is determined by the salary. The annual salary, which seems unlikely to rise forever, was stagnant around 80 million won, and even that was confirmed to be cut by more than 30% this year due to COVID-19. “Can I get my resignation right away?” “Yes. What… …, It would be good if the takeover period could be shortened as much as possible.” “What is the takeover in the corona era? Say hello to people and stop, man.” “Uh ha ha. Thank you.”