Investor That Can See The Future
Chapter 352
Chapter 352
On the issue of nuclear phase out, the opposition party launched a political offensive every day.
There are not one or two pending issues in the National Assembly, such as the People’s Livelihood Act and the supplementary budget, but the nuclear denuclearization controversy seems to swallow them all.
And unintentionally, I am at the center of the controversy.
There were voices of dissatisfaction from the ruling party, which was driven to the defense, but no one directly protested on our side, perhaps because of the learning effect (?).
Should I call this lucky?
Protests by environmental groups in front of the company continued. Some environmental groups received money and put out advertisements on TV and newspapers announcing the dangers of nuclear power plants. Newspaper advertisements included pictures of the ruins of Fukushima and animals with strangely twisted bodies.
It seems that the number of protesters has doubled since the advertisement went out.
Taek-gyu looked down at the protesters and said.
He said, “I’m not advocating to increase the number of existing nuclear power plants, it’s just investing in a traveling wave reactor. Waste fuel rods, which are difficult to treat and store, can be completely burned, so isn’t it more eco-friendly?”
“Environmental groups are of the opinion that nuclear power plants, whether light or heavy, or TWR, are not acceptable.”
People are naturally afraid of things they don’t know well.
Fine dust, no matter how severe, is thought to be bad for health, but it does not cause fear. However, whether her radiation is harmful or not, fear rises.
Therefore, some people may think that thermal power generation that emits fine dust, soot and greenhouse gases is better than nuclear power plants, which have a chance of an accident even by 1%. There is no guarantee that accidents will not happen 100% of the time.
When will completely eco-friendly and safe energy come out?
I was contacted by Professor Homin Kim.
[Investing in a traveling wave reactor. I didn’t even think about it.]“I don’t know if I did well.”
[Good job. Someone had to do it. No one thinks that nuclear power is harmless energy, but no one thinks that there will be no problem if we get rid of it. If you have to use it in advance, you should think about how to use it as safely and efficiently as possible.]“The government doesn’t seem to like it very much.”
Professor Homin Kim laughed out loud.
[Haha, since when did the government pay attention?]“It is.”
If the government had noticed, nothing would have been done until now.
[Among the countries that went out of nuclear power, other countries except Germany actually changed their direction. Without nuclear power, there is no way to meet the power consumption. Looking at it that way, TWR can be said to be the best option in the current situation.]“Will people think so?”
[It will take some time. When circumstances change, you must also change your mind, but it is not easy to change a certain direction once. Because when you do anything, you have inertia. Especially since politicians have useless stubbornness.]* * *
The global nuclear power plant market is booming.
Unlike thermal power plants that anyone can build, few countries have the technology to build nuclear power plants.
The actual export is possible to six countries: the United States, Russia, China, France, Japan, and Korea.
Of these, four countries are permanent members, and Japan is the world’s third-largest economy.
Korea, which started from scratch and developed technology, competed with these powerhouses for orders in the global market. Although China may lead in terms of price, Korea is technologically superior and has experience in winning orders for nuclear power plants in the UAE.
Therefore, it was evaluated as being sufficiently competitive.
However, after the government’s declaration of nuclear phase out, it suffered difficulties, and the news that OTK Company invested in Rosatom was a decisive blow.
Immediately, there was talk that the Czech nuclear power plant order was over, and the UAE announced that it would change the nuclear power plant maintenance from a private contract to a competitive bidding.
Countries that are pursuing or have plans to build nuclear power plants have all paid attention to Russia.
Russian government officials and Rosatom officials eagerly sold my name to promote Russia’s nuclear technology and progress wave reactor experiments.
Although traveling wave reactors may not be perfect technology, they are superior in every way compared to conventional nuclear power plants. Therefore, in the future, the nuclear power plant market will be dominated by traveling wave reactors, not light and heavy water reactors.
Although the timing is not exact, it is a certain fact that Professor Petrov’s team succeeded in the TWR experiment. If you can’t be the first mover, you have to be a fast follower.
In other words, if it is impossible to develop the technology on its own, it is wise to quickly join hands with Russia.
As Russia cannot handle all the orders for nuclear power plants in the world alone, it will want to attract Korea as an ally for technology standardization and market expansion.
Japan moved first. Prime Minister Okazaki directly contacted President Visotsuki and decided to hold a Russia-Japan summit as soon as possible.
Senior Sangyeop decided to meet with the president of KHNP and nuclear power plant construction companies regarding this matter. However, the day before, the CEO of KHNP announced his absence.
“What’s going on?”
At my question, Sangyeop said in an irritated voice.
“What is work? The government is watching. It’s because the people who are tall right now are in a very bad mood.”
I’ve never really paid much attention to the government while investing. Then I was caught by Park Si-hyung and went through all sorts of things.
As an investor, you should move when there is an opportunity to make money right in front of you. Especially if it’s a technique that helps everyone.
But I would feel uncomfortable just because it doesn’t fit the current policy. It is fortunate that OTK Company is an American company.
“Investment in nuclear power in Russia is also an investment, but it seems that they are strongly swayed by the fact that there was no notice from the government.”
I’m crazy.
“No kid.”
“If our side had informed us first and pretended to discuss it, we could have created an excuse to change the policy. But at this point, it seems like you are doing it because you are being insulted by the opposition and pushed back by the OTK Company. In other words, the painting is not good in the eyes of the people.”
“From now on, should I consult with the government every time I make an investment?”
Senior Sangyeop shook his head.
“Is it necessary? It’s not even at the level that the government is looking at anymore.
* * *
When she opened her eyes while sleeping, she saw a brown-haired beauty sleeping next to her, breathing softly.
I lifted her up carefully so Ellie wouldn’t wake up and went out into the living room. Taek-gyu was sleeping on the sofa as if he had fallen asleep while playing a game.
If you think about it, you could say that he is the best seller in the world.
I got a beer out of the fridge and went out. A soft light illuminates the dark garden. I sat down on a chair and drank a beer.
I was alone in my thoughts, and someone hugged me from behind. It felt warm and soft.
“Why did you come?”
“When I wake up, Jinhoo is gone.”
Ellie was wearing wide-breasted pajamas. She has a completely different feeling than when she wears a suit to work. Most of all, I can only see this cute face.
“It’s not too cold at night anymore.”
“Iknow, right.”
The weather had been very nice.
“What were you thinking by yourself?”
“it’s nothing.”
Ellie took my beer and took a few sips.
“If you lie, you will be scolded.”
I spoke frankly so as not to get offended.
“I was thinking about what kind of impact my investment would have.”
Back in the day, no one would have cared where I invested. But now, everyone has paid attention to my investment destination, and I have been paying close attention to the changes that have resulted.
The only investors in the world with this kind of influence are me and Warren Boat.
“Well. Because the word OTK effect was born.”
“… … .”
I think people just call it the otaku effect.
“Maybe it’s because I made too much money.”
“I made a lot of money.”
Self-driving electric vehicles, batteries, pornography, pizza, architectural design, etc. Currently, OTK Company is worth more than $1 trillion.
If VRMMORPG made by OTK Games is released, the construction of San Francisco and Silicon Valley begins, and the traveling wave reactor test succeeds, how will the corporate value change in the future?
Two trillion dollars? 3 trillion dollars?
“What should I do with this much money?”
You can’t use it all, and you can’t give it to anyone. As long as you can see foresight, no one can handle this money better than me.
Ellie would have noticed why I was thinking like this at night. That’s why I asked a straight-forward question.
“Is Jinhoo not interested in politics?”
“It’s not. We are also doing a lot of voting.”
Economics and politics always move together. What politicians consider the most important are economic indicators such as the unemployment rate and growth rate.
“Successful entrepreneurs usually line up for politicians.”
“right.”
Regardless of East and West, capital power went beyond the market and coveted political power.
Crassus, who opened the Triumvirate, was the richest man in Rome, and Eunsung Group founder Han Young-joo was running for president to become president. The same goes for his son Han Sang-goo, who inherited Eunsung Heavy Industries.
Humans always want more than they have.
In recent years, there have been more cases of using money to influence politics rather than directly entering politics.
This is what virtually all Korean chaebols do.
In the case of Seoseong Group, they lobbied in all directions in the political arena. In addition, the scholarship program has fostered numerous talents. They joined the Seoseong Group to work, but also entered the political and legal world.
Whether in the executive, legislative or judiciary, pro-social figures are located at the center of power. They serve the interests of the Suseong Group, not the interests of the country, depending on the circumstances.
No matter how important the Seosung Group is to the Korean economy, no one would think it was right.
There was a time in the past when several systems were at odds. The American economic philosopher Francis Fukuyama declared that human history ended with the triumph of liberalism.
Although there is some debate as to whether that is true, almost all countries, including developed countries, are politically democratic and economically capitalist.
These two are the two pillars of maintaining the state. Therefore, political power and capital power must maintain a balance and check each other. Capital power should not rule over political power.
“I’m not even sure I’m going to make the right choice.”
The purpose of investing is to make money. If there is no tort in the process, it is good in itself.
But in politics, good and evil are not clear. There is no right or wrong answer to whether denuclearization is right or wrong, whether or not to provide free meals, whether tax increases or tax cuts are good.
Just as what you thought was cool when you were young can turn into a dark history as you get older, what you think is right now may turn out to be wrong later.
When Russia sold Alaska to the United States, they liked it because it sold frozen land at a high price. On the other hand, the US government was insulted by the people for buying useless land.
I shook my head and said.
“I do not intend to rule the country with money. That’s not even possible.”
Ellie looked at me and smiled.
“You know what? I like that kind of thing with Jinhoo.”(Read more @ wuxiax.com)
“Ok?”
I stared at Ellie for a moment.
“Why are you looking at me like that?”
“Because she’s pretty.”
Then Eli’s face turned red in an instant.
“What, what, all of a sudden? Shame on people.”
I said as I drank the rest of my beer.
“Well, the question is, will they know that I have no intention of doing that?”
* * *
Heo Chang-min was originally a labor and human rights lawyer. Against the tyranny of large corporations, he defended workers’ rights and defended against dictatorships.
Thanks to the efforts and sacrifices of countless people, Korea was able to overthrow the dictatorship and achieve democracy.
And he, who was a lawyer, is now on the presidency.
The South Korean president has great powers. However, even with that power, it was difficult for him to control the power of capital.
Although the government has changed several times through elections, chaebols are still chaebols. It is also said that power has now shifted to the market.
At one time, Korea was called the Republic of Seoseong. Many people thought that even if Korea collapsed, Seoseong would not be destroyed, but if Seoseong was destroyed, Korea would be destroyed. Therefore, Il-Kwon Lim and Jin-Yong Lim, who dominated the Seoseong Group, were no different from controlling Korea.
But now that word is gone. It’s not because the group’s power has weakened. This is because a mega corporation was born that puts the Seosung Group under its feet.
This is OTK Company.
OTK Company was completely different from the previous chaebol groups.
No matter how large the Seoseong Group is, the stake held by the Im Jin-yong family is less than 10 percent of the total. However, the government has a much larger stake than that through the National Pension Service.
A chaebol group that controls the entire group with a small stake has a weak governance structure. So, we have to keep an eye on the politicians.
Political power is still a powerful force to check capital power. That is why, at the hearing, the chaebols can be called and shouted, and various corruptions can be taken into custody.
However, OTK Company did not receive any external investment at all. Jinhoo Kang, who owns an 80% stake, has solid control.
There is no listing plan, so this control will remain until his death.
Kang Jin-hoo appeared in the investment market five years ago. In his mere five years, he became the richest man in human history.
It is said that his wealth surpassed that of Carnegie and Rockefeller in his heyday, and that he surpassed that of the Saudi and Abu Dhabi monarchs.
What will happen in the next 5 years? And 5 years later?
President Huh Chang-min muttered as he recalled a young man he had met a few months ago.
“In the future, this country may be ruled by one man.”
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