Cherreads

Chapter 5 - Chapter 5

The stock market was a battlefield without gunfire.

The price started to fall.

Sieges went back and forth like a real battlefield. While the market was open, the price rose, fell, and repeated rising again. Occasionally, when the price fluctuated greatly, news came out not long after.

[AI bubble theory sweeping Wall Street, AI-related stocks fall in unison]

Sometimes news shaking the entire stock market.

[CEO of Nvidia, Donald Huang. "This year's Nvidia performance will be the highest ever," in a media interview. Stock prices rise in unison.]

Sometimes someone's mouth shook the stock market. While these battles went back and forth. People watching the charts had dry lips and cold sweat flowing from their heads.

Should I hold? Or sell here? What do I do?Ah sht... it's fluctuating up and down too much today.*

Especially for day traders who settle trading in a day, their moods were going up and down. But Gang-hyeon was different.

"The price rose because of Donald Huang."

He was looking at the chart on the tablet PC placed on the island table while drinking coffee leisurely. It was a leisure that couldn't be found in the past.

"When I worked at the company, I lived with dry eye syndrome from looking at charts. Something feels relaxed."

There was one reason he could have this leisure.

"The price will rise."

The red light visible only to his eyes. It was telling him that the closing price of Neurodyne Technology would end in a rise.

"If I'm wrong, I can prepare again."

In the past, he frequently made investments where failure meant the end. But now, he had sufficient funds to challenge again even if he failed. That is the reason he could watch leisurely. Like that, time passed quickly and it became before morning dawned.

[The market has closed.]

An alarm popped up saying the market closed. And.

[NDT : 39.43 +2.42%][Previous Day : 38.5]

The active buying and selling offense and defense ended with Neurodyne Technology closing higher as buying momentum poured in at the end of the market.

"I won."

Gang-hyeon, who rode this buying momentum, won in his first personal trade after resignation.

[Yield : 2.65%][Valuation Profit/Loss : 79,500,000 won][Evaluation Amount : 3,079,500,000 won]

Thanks to split buying as the market opened, the yield was 2.65 percent. He made about 0.2 percent more profit than today's growth rate. Since the seed was large, he made a profit of 80 million won in just one day. He earned a decent office worker's annual salary overnight. But there was a bigger gain than that.

"It works properly in practice too."

His heart pounded. He was rather calm when trading. It was a strange thing that his heart pounded after the trade was over. It's not that he didn't understand. Because it was that big of an event.

"I can do it."

Gang-hyeon, who gained confidence again, clenched his fist tight.

Starting to make investment his profession, investment was stress itself to Gang-hyeon. Especially after falling into a slump, he would even hyperventilate just making one trade. Such investment was fun.

[Click!]

[Sold.]

With a click, the position was cleared. It has already been two weeks since he started the test in earnest along with trading. Counting only trading days, it was 10 days. As of today, he took a position and cleared it 10 times. The result was amazing.

[Yield : 35.8%][Deposit : 4,074,000,000 won]

Among ten trades, there was never a loss. An average daily profit of 3.1 percent occurred. 35.8 percent compared to the initial 3 billion. A profit of a whopping 1.074 billion won occurred.

"I made a ridiculous profit. If I made this at the company, would the incentive I receive be a little over 100 million won?"

But the profit earned this time was all his. Gang-hyeon opened the trading journal like a habit. Review was the most important thing for a trader. Even when attending the company, he reviewed the week's trading through the trading journal on weekends. To grasp if there were any wrong points, if the strategy fit properly, and to correct them. That didn't change even now that he became an individual trader.

"Hmm."

Then a strange point was captured in Gang-hyeon's eyes.

"Most of the stocks traded in the last ten days are AI-related stocks. The ones showing strength are on the cloud server side."

If it were a company, information would have come in through the research center. However, from the position of Gang-hyeon trading as an individual, he had to catch and find these parts directly.

"I really need to open the company quickly. If Gwang-ho joins in earnest, such research will also be processed quickly."

Even while complaining, he didn't stop the review.

"Um, is the side showing weakness the ones doing actual services with AI models? Indeed, even when attending the company, there was internal research that companies doing services were overvalued."

AI permeated modern society rapidly. To that extent, the AI industry was evaluated as a food source that changes the present as well as the future, and naturally, the evaluation rose. The market cap of Nvidia, which almost monopolized AI semiconductors, took 1st place on Nasdaq, and semiconductors entered a super cycle. The market grew every day, and people who invested in related industries accumulated wealth.

"There was something similar to this in the past too."

Pessimists compared this market atmosphere to the Dot-com bubble that arose in the 2000s. Viewing the development of the internet and the development of AI similarly, they see that history will repeat itself.

"I don't know if the bubble is real or not, but if the day comes when the market collapses due to a bubble, it's an opportunity for me."

When a bubble bursts, not only victims are generated. It brought enormous wealth to those who saw the future and invested in that difficult market. The most popularly known example was Michael Burry, who predicted the Big Short during the Lehman Brothers crisis.

"I need to look for connections and find out in detail."

Using the weekend, Gang-hyeon visited a real estate agency.

[Ring—!]

"Welcome, what brings you here?"

"I am Choi Gang-hyeon, who contacted you."

"Ah, the CEO who is looking for an office? I was waiting. You are younger than I thought?"

Kim Mi-ju, the owner of Mirae Real Estate, was somewhat surprised seeing the young Gang-hyeon.

Is he a silver spoon? I thought he would be a bit older since he said he was looking for an investment company office.

Gang-hyeon's appearance, younger than expected during the first consultation by phone, gave a fresh shock. But she didn't reveal it outwardly.

"Now, shall we move in my car? I picked out some decent listings."

"Yes, understood."

Gang-hyeon moved to Yeoksam-dong guided by Kim Mi-ju. When it comes to finance in Korea, the first place that comes to mind is Yeouido, but many funds or small and medium-sized investment companies were also located in Yeoksam. The first place visited was the 8th floor of a financial office, which had a good view and was close to the station.

"The investment company that used this place made a lot of money and moved to another place, so the site is good, the site."

Half was right and half was wrong. The company that used this place was an investment company. They didn't move because they made money, but the CEO went into hiding after being caught embezzling.

"Let's look at another place."

"Ah, yes."

Like that, they saw a few listings. There were some places he somewhat liked and some places that were not it at all.

Although there are slight differences depending on the area, about 5 million won goes out for monthly rent on average.

It matched somewhat with the market research he had preceded. Since he didn't intend to go big from the start, the office cost itself wasn't huge. When he was contemplating like that, Kim Mi-ju asked.

"Perhaps if you are concerned because of the monthly rent, it's good to look at the Seongsu-dong side too. Shall I show you some listings over there?"

Kim Mi-ju judged in her own way that Gang-hyeon was hesitating because the monthly rent was expensive. Actually, that wasn't it, but it didn't seem bad to look at the Seongsu-dong side either.

"Yes, please show me that side too."

The two moved to Seongsu-dong by car.

"Seongsu is hot these days, so there are many young people in the core area. But the outskirts area doesn't have a large floating population yet, so it's quiet and will be good to use as an office."

"I see."

Her words were the correct answer. Arriving at the outskirts of Seongsu-dong, a quiet scenery of the old downtown unfolded.

There is a place like this in Seoul too.

He liked the quiet scenery.

"It's this building. Although the exterior is a bit dilapidated, the interior has been remodeled and came out well. Above all, the maintenance fee here is much cheaper than Gangnam or Yeoksam."

Kim Mi-ju mentioned the price merit. Was that why?

He's staring at the building intently. As expected, he hesitated because of the price?

To Gang-hyeon looking up at the building, she continued the supplementary explanation about the building.

"Currently, the 5th floor is empty. There is a cafe on the 1st floor, so if you buy a cup of coffee every morning when going to work..."

"How much is this place?"

"Ah, here the deposit is 30 million and monthly rent is 3.5 million. But if you increase the deposit..."

"No. Not the monthly rent."

"Yes?"

It wasn't common to get an office on a Jeonse lease. Since most get it on monthly rent, Kim Mi-ju looked at Gang-hyeon with a face asking what he was talking about. Gang-hyeon said to such Kim Mi-ju.

"I want to purchase the building."

Kim Mi-ju's eyes widened.

When he first saw the building.

What?

Gang-hyeon doubted his eyes. Because the building was glowing red as if a fire had broken out.

Why is this glowing red? Besides, this light is more intense than the light that came from that guy Gwang-ho.

Among the lights seen so far, it was the most intense. He knew well now what that meant.

It means the value of the building will rise.

Stocks emitting red color rise in price. People cannot be called definitive yet, but considering the value of the stock rises, the value of the person will also likely rise. It was highly likely that the building also operated with the same mechanism.

Let's buy this building.

The contemplation wasn't long. Checking the market price was the priority first.

"Uh... you say you want to purchase this building?"

"Yes. Would you check if the building owner has an intention to sell?"

"It is possible, but... do you happen to know how much the market price of the building is? Although the market price around here is cheaper than the Yeonmujang-gil side, it's still over 10 billion won."

10 billion. In the past, it was a price he couldn't even imagine, but not now.

"Yes, the price is fine. It would be good if you check the intention with the owner first."

At Gang-hyeon's unwavering attitude, Kim Mi-ju intuited that her thought was wrong.

He didn't hesitate on the office contract because he lacked money, he just didn't like it?

Kim Mi-ju, judging she had seen the person wrong, hurriedly took out her smartphone.

"Then please wait a moment. I'll try contacting the owner quickly."

Watching Kim Mi-ju distancing herself for the call, Gang-hyeon stared at the building.

Since I revealed the purchase intention suddenly, I might have to pay extra to buy it. Since she said the market price around here is 10 billion, should I give about 5 billion more?

When he was predicting the price like that, a change occurred in the building in front of his eyes.

"Huh?"

The red light of the building, which was shining red like a deep sunset just a moment ago, became lighter. Watching that appearance, one thought flashed through Gang-hyeon's mind.

Is it telling me how much profit I can make?

The way to check this was simple.

14 billion?

The color became a little deeper. But compared to the beginning, the difference was clear.

13 billion?

The color became deeper.

12 billion.

Finally, the whole building was dyed in the red light of the sunset like the beginning.

So this is the fair price? I just need to cash out the profit from day trading and organize a few coins.

When he concluded like that, Kim Mi-ju approached.

"I contacted the owner. He is currently overseas, so it's difficult right now, and he returns in about a week. He asked to set up an appointment again then, is that okay?"

"Of course. Then let's set up an appointment again."

Answering like that, Gang-hyeon looked up at the building again. The building, which could be his first building and the start of the company, was still glowing with red light.

If this ability is correct, the value of this building will rise significantly.

From stocks to people and now even buildings. Although many things are still a mystery, Gang-hyeon decided not to worry.

There is no reason to hesitate.

It didn't matter if it wasn't his specialty field. With this ability, he wasn't afraid of new challenges either.

(End of Chapter)

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