Golden Spoon Investment Portfolio - Chapter 151

—————
This chapter was translated by Lunox Novels. To support us and help keep this series going, visit our website: LunoxScans.com
—————

151. He’s planning to sell it for a higher price later, so don’t worry about it.

[George Hamilton, who has sunk both Britain and Japan, and the hedge fund mafia under his leadership.
George Hamilton, representative of the Quantum Fund, who appeared at the Senate hearing currently underway, denied that he and the hedge funds under his leadership had intentionally manipulated currencies or could have done so in the foreign exchange market, where daily trading volume reaches one trillion dollars, regarding the recent yen attack.
Furthermore, regarding the regulation of derivative trading, he stated that the funds used for derivative trading in American banks account for only 0.2% of total assets, and hedge funds are already receiving sufficient regulation under existing banking and securities laws.
Therefore, he argued that creating new regulations would be, quite literally, unnecessary.
Meanwhile, while responding to questions from reporters, George Hamilton stated that he was not the one who made the most money from this yen surge, revealing that the Eldorado Fund had generated massive profits exceeding 1.1 billion dollars.]

Seokwon, who was at the fund office in Manhattan early in the morning, frowned when he saw the article in the Washington Post.

“No, we’re not water ghosts. Why are you bringing us in so suddenly?”

I was embarrassed because I never thought that Hamilton would make such a statement in front of reporters in the middle of the night.
Just then, Landon Shore knocked lightly and entered the Executive Office.
He wore a deep green tie around his neck, as if wishing for a windfall from Netscape’s listing today.

“Representative Tom and his party are said to have arrived nearby.”

Seokwon rolled up his sleeves, checked the watch on his wrist, and nodded slightly.

“I won’t be late, I’ll arrive just on time.”

Landon, who was naturally sitting on the sofa on the left, looked at the newspaper on the table and asked.

“Did you see Hamilton mention us?”
“Yes, I did. I never expected him to bring us up there.”
“I was the same. I was quite surprised when I first heard the news.”

Landon soon lowered his voice seriously.

“Did I make a mistake while taking questions from reporters?”

Seokwon thought for a moment and shook his head.

“Although he has impulsive tendencies, Hamilton is more cool-headed and calculating than anyone else, so he would not have made a mistake in such an important situation.”
“While George Hamilton does have impulsive tendencies, he’s far more calculating and clearheaded than anyone else. He wouldn’t have made such a careless slip at such an important moment.”
“Are you suggesting the statement was intentional?”
“Yes.”

Landon, who had a puzzled expression on his face, soon looked down at the thoughts that were passing through his head.

“Could this be an ulterior motive to divert the attention pouring on us?”
“Could it be that he’s trying to redirect all that scrutiny toward us instead?”

Seokwon sat with one leg crossed and pointed to the newspaper on the table with his chin.

“Actually, as in the article published in the Washington Post, the media’s interest, which had been focused on Hamilton and the Quantum Fund until then, appears to have faded a bit.”
“Look at the Washington Post article—the media attention that had been focused entirely on George Hamilton and the Quantum Fund has started to blur. The press is now spreading their focus.”

Landon said, nodding in agreement.
Landon Shore nodded in agreement as he spoke.

“There really is no other raccoon to pull a trick like this.”

When Landon muttered dissatisfaction, Seokwon picked up his teacup and drank coffee in response.

“I guess that’s why I was able to survive in the jungle-like Wall Street and achieve results worthy of being called a legend.”
“That’s precisely why he’s managed to survive and become a legend in the jungle that is Wall Street.”

In fact, Wall Street is where many talented people who graduated from Ivy League schools gather every year, dreaming of success.
Indeed, Wall Street was where countless talented graduates from the Ivy League converged each year, dreaming of success.
Yet these talented newcomers couldn’t endure the brutal workload and stress—there was barely time to rest—and more than half quit on their own before even shedding their intern status.
Of the remaining half, many had to pack up and leave within a few years, either failing to meet performance targets or losing their bets.
Only a tiny fraction actually established themselves as legitimate traders, earning bonuses in the tens or hundreds of millions of dollars and achieving true success.
Having thought this far, Landon Shore glanced sideways at Seok-won, who sat in the seat of honor.
Recalling Seok-won’s track record—how in just a few short years he had achieved such extraordinary success that even George Hamilton himself, a legend on Wall Street, had felt compelled to mention him—Landon couldn’t help but find it truly remarkable.

“Anyway, wouldn’t this put us in trouble?”
“Still, this could put us in a difficult position, couldn’t it?”
“Now that the fund’s name is known, there will be many more eyes watching us. We’ll face more constraints when making investments than before.”

However, unlike Landon, whose expression was slightly stiff, Seokwon showed a calm demeanor.

“Well, this situation happened a little sooner than expected, but it’s something you have to go through at least once. There’s no need to make a fuss, just react calmly as you normally would.”
“Well, this situation arrived a bit sooner than I anticipated, but it was something we’d have to face eventually anyway. There’s no need to make a fuss—just respond calmly and methodically as we always do.”
“Understood. We’ve struck several major jackpots and generated enormous profits, so it would actually be stranger if the fund’s name didn’t become known.”
“Exactly.”

It’s not exact, but it’s amazing that they figured it out at least similarly.

“He’s a big name on Wall Street, so of course he would have that level of information.”
“He’s a major player on Wall Street—naturally he’d have that level of intelligence network.”

When Landon answered in approval, his female secretary, Daisy, came in and announced that a guest had arrived.

“Tom Harper and his companions have arrived.”
“Tom Harper and his associates are here.”

Seok-won, who was already waiting for their arrival, immediately nodded and Daisy said yes and went outside again.
Seok-won, who had been waiting for their arrival, nodded immediately, and Daisy acknowledged with a yes before stepping back outside.
Moments later.

“Tom!”

Seokwon got up from his seat with Landon and shook Tom’s hand with a happy face.

“Did you rest well last night?”
“Did you get good rest last night?”

Tom, who had dark circles under his eyes, looked nervous.
Tom, with dark circles visible beneath his eyes, was clearly tense.

“I heard that the public offering was a huge success and people were clamoring to be allocated even one more share of stock. You will soon become a billionaire, so think about where you will spend your money.”

Seokwon lightly tapped Tom’s shoulder to help him relax, and Landon next to him smiled and added.

“It is said that applications flocked not only from the U.S. but all over the world to be allocated public offering shares. It is said that it is difficult to allocate even one share under $100,000, so even Goldman Sachs, the listing manager, was surprised by the tremendous enthusiasm.”

Then, as if it had an effect, Tom’s expression became a little more relaxed than at first.

“I was worried that if the contest application didn’t meet my expectations, I would cause harm to you who trusted me, but I’m really glad.”

This meant that instead of raising the public offering price to $28 as Seokwon strongly insisted, the El Dorado Fund decided to take over all of the 5 million shares in the public offering if the number was insufficient.

“I told you that would never happen. If I had known it would be this popular, I would have priced it about $10 higher.”

Tom smiled slightly at the natural joke.

“I really should have done that.”
“You really should have.”

Landon and Vice President Bill, who were together, also burst into laughter and lightened the mood.
Landon and Bill, who were present, burst into hearty laughter, lightening the mood.

“We still have some time, so let’s sit on the sofa and talk.”

Then, the four people sat facing each other with Seokwon, who was seated at the head table, in the middle.

“Would you like some tea while you wait?”
“While we wait, would you like some tea?”

Tom said, his nervousness not yet completely gone.

“Actually, I feel like I’m going to throw up if I eat anything.”
“Honestly, I feel like I’d throw up if I ate anything.”
“There’s no need to worry that much.”

Tom, who had spent the entire last night with his eyes open, looked at him with anxious eyes.

“After listing, there will be a pile of properties for sale and the stock price won’t plummet, right?”

Then Seokwon smiled at the corner of his mouth as if telling him not to worry.

“Everyone is saying that in the New Millennium, the information revolution led by the Internet will change the world. What company is paving the way for such an Internet?”

Tom, who received attention, immediately responded.

“It’s Netscape we created.”
“Netscape, which we created.”

Seokwon leaned back with his hands clasped together.

“There is nothing as honest and intuitive as money. I guess the reason why investors rushed to the public offering to take that kind of money was because they were convinced that Netscape, or rather the Internet, was the future.”
“Money is as honest and intuitive as it gets. The fact that investors rushed to participate in the IPO, competing fiercely to acquire those shares, means they were convinced that Netscape—or rather, the internet itself—represents the future.”

Landon also joined in and added his words.

“I think it’s a stock with a guaranteed jackpot, but wouldn’t it be even more painful if I wanted to receive public offering stock but the competition was so fierce that I couldn’t get it even if I paid money?”
“If investors think it’s a guaranteed jackpot stock but can’t get IPO shares because the competition is so fierce, wouldn’t they be even more desperate?”

Tom nodded his head in response to Seokwon’s question.

“Then what do investors who did not receive public offering shares naturally think?”
“So what do you think investors who couldn’t get IPO shares will naturally start thinking?”

Seokwon, facing eyes full of questions, curled one corner of his mouth upward.

“In the first place, the more difficult it is to get your hands on, the more anxious you become. I’m sure everyone is thinking of placing a buy order to buy stocks once they are listed.”
“It’s human nature to crave what’s difficult to obtain more than what comes easily. I’m certain they’re all planning to place buy orders the moment it goes public and purchase the stock.”

Seokwon confidently answered Tom’s expectant question.

“I’ve never said anything empty before. You can trust me.”

Tom’s heart was filled with trust because, as Seokwon assured, the contest that seemed difficult was a great success.

“Well! You’ve never been wrong so far.”
“You’re right! Your predictions have never been wrong so far.”
“The stock price will easily double the moment it goes public. Just wait and see.”

Tom, who had a hopeful expression on his face, suddenly lowered his eyebrows.

“But this time, I’m sorry that only I can cash out the shares you own without offering even a single share as a public offering.”

The 5 million shares offered in the public offering included newly issued shares, but also included a significant portion of shares owned by founder Tom Harper.
The five million shares offered as IPO stock included newly issued shares, but also a significant portion of the shares held by Tom Harper, the founder.
Typically, early investors would also realize profits by offering some of their shares at this time.

‘I know that the price will increase several times in the future, but it would be foolish to sell stocks at such a low price.’

Seokwon expressed his sincerity to Tom, who felt sorry, as if nothing had happened.

“I’m doing this so I can sell it more expensive later, so don’t worry about it.”

However, the other three people did not listen to what he said straight away and misunderstood it.
But the other three didn’t take my words at face value and jumped to their own conclusions instead.
They mistakenly believed I was giving Tom the opportunity to realize his profits first out of consideration, worried that the volume of IPO shares would become too large.

“Meeting you in the most difficult moment is the luckiest thing in my life!”
“Meeting you at the most difficult moment of my life has been the greatest stroke of luck in my entire existence!”

Landon and Vice President Bill Nelson were also shaking their heads with gentle faces, as if watching a scene from a heartwarming story.

‘I think I made a strange misunderstanding again.’

But they say good things are good things, right?
But as they say, what’s good is good.

—————
This chapter was translated by Lunox Novels. To support us and help keep this series going, visit our website: LunoxScans.com
—————