Investor That Can See The Future

Chapter 391

The results of the trip to Europe appeared one by one.

The French EDF teamed up with Rosatom. It was decided to promote the development of TWR independently, but to recognize the Rosatom, which succeeded in development first, as a standard.

Although it has not yet received formal ISO certification, Rosatom’s TWR is highly likely to become an international standard.

French President Blanc worked hard to bring in OTK batteries, and I built his prestige by announcing plans to produce OTK batteries at CL Chemical and SSK Innovation’s European plants and supply them to Renault and Peugeot.

And BMW internally decided to stand in the Karos camp.

BMW is a world-renowned luxury car. However, in the ultra-luxury car market, which costs more than $100,000 per unit, the reality is that it is being pushed behind by Mercedes-Benz and Porsche.

The strategy is to preoccupy the electric large car and electric luxury car sector.

Even if only BMW turns around, the cooperation of the three German companies will be broken. Carlos and Suh Sung Electronics secretly negotiated.

Meanwhile, Carlos was also busy moving. The unmanned electric truck ADT1 was sold like a wing even before it was released. Companies with a large proportion of logistics put in pre-orders for hundreds of units by pushing ahead with advance payments.

The core of ADT1 is the battery replacement system. Before the year-end launch, Karos plans to build Battery Replacing Centers across the United States.

For this purpose, the algorithm built by Tenway was mobilized. Tenway analyzed the movement routes of US logistics trucks to select the optimal location for the BRC, and calculated the amount of batteries expected to be needed.

The unmanned taxi service is also on track.

After driving without an accident during the trial operation period, California and Michigan first officially issued driving permits.

However, as there are concerns about the adverse impact on the existing taxi industry, 15% of sales will be set aside as a fund for workers in the existing transportation industry, and the number and hours of operation will also be subject to state regulations.

The stability of autonomous driving technology has been sufficiently proven so far. However, the biggest problem is the negative perception of people.

Across the United States, there have been cases of deliberately threatening driving or destroying parked cars against driverless vehicles, and the police have launched an investigation.

Regardless of whether it is practical or not, antipathy towards driverless vehicles was a task that had to be resolved.

It is an unavoidable thing that happens during transition. If the conflict escalates, we will have to take measures, but if not, time will solve it.

* * *

I visited the research center to meet Professor Ho-Min Kim after a long time.

OTK battery production expanded, and huge royalties poured into the research center. And Professor Homin Kim, who developed the OTK battery, earned enough money that he could not use it all his life.

Although he had become richer than he had been before, he was still sloppy. He didn’t care much for money, as you can see when he set up a foundation to support basic science.

Professor Ho-Min Kim personally brewed the mixed coffee just as he did when we first met.

He said, “I’ve tried all the good coffees in the world, but I can’t find a better coffee than this.”

“Isn’t it because your taste has been tamed?”

Professor Homin Kim said while drinking coffee.

“answer. It’s hard to get out of what’s familiar.”

He conducted a joint investigation with the government about the recent ESS (energy storage system) fire.

“So what was the cause?”

“It was all a problem. Batteries, power converters, software, operation management, etc. Probably because I had insufficient experience in operating such a large-scale energy storage system. So this time, we fixed the problem and established an integrated management system. By detecting and responding to battery overheating or short circuit in advance, damage can be greatly reduced.”

ESS stores electricity generated by solar power or wind power in a battery and then sends it out. As it can stably supply renewable energy regardless of the weather, it is an essential facility for expanding renewable energy.

I invested in batteries for electric vehicles, but recently, batteries have played an important role in all industries. In the future, as technology advances and demand for batteries increases, it increases, but never decreases.

Companies realizing the importance of batteries are rushing to increase their investments, but with technology, no one could follow OTK batteries.

Professor Homin Kim continued his research on miniaturization. In addition to batteries used in smartphones and tablets, the goal is to make flexible batteries and batteries that are thin enough to fit into clothing.

“Battery is the semiconductor of the future. It will be more useful in the future.”

Battery demand is growing explosively, and each company is eager to secure talent. Other manufacturing industries are said to be in turmoil because there are no jobs, but in the battery industry, the difficulty of finding a job was severe regardless of whether it was a research job, a production job, or a sales job.

In particular, the ransom for researchers soared. Researchers working at the OTK Research Institute also received a lot of offers for scouting with large sums of money.

Some moved to companies, etc., but most remained. It is because they are already being treated the best in the industry, and everyone wants to learn while doing research with Professor Ho-Min Kim.

“I did it again this time. I saw the announcement yesterday that the salaries of the soldiers will be greatly increased next year, and support for disabled military and police officers injured while on duty will be increased? Everyone complimented me on how well I did it.”

“I got a lot of thank-you calls from the company as well.”

Of course, I ate a lot more than that. Now, it seems like it is for any swearing.

“Do you have any plans to go into politics? After all, I think it would be fine to get into politics.”

“Am I?”

“Didn’t you have a candidacy? Even just me, sometimes I get calls from all over the place. I will give you a nomination, so please run for once.”

Even if you go to an election, you won’t win 100% of the time. However, there are areas where the New Politics Party and the Liberal National Party become their own vegetable garden.

If you are nominated in such a region and run for office, it can be said that the election is almost certain. Carrying the Nobel Prize here and campaigning for the election would be an added bonus.

Because Koreans like Nobel Prizes.

“I’m also busy with work.”

“Why do some of the chaebol presidents wear the National Assembly badge?”

Capitalism is one won, one vote, but democracy is one person, one vote. Therefore, it is easy to think that elections will be held regardless of money, but in reality it is not.

For example, suppose a landlord named A owns all the land in an area, and all the people living in that area are tenant farmers under A.

If A, B, and C run for the election in that area, who will the local people elect?

Regardless of who has the ability or not, there is no choice but to choose A. This is because if A, who has lost the election, becomes angry and refuses to pay any more tenancy, the livelihood of the peasants is at a standstill.

Therefore, in countries where land reform has not been done properly and the landlord system remains, a significant number of lawmakers from local councils to the central assembly are landlords. And, of course, landlords make and pass laws that are favorable to landlords, creating a vicious cycle that further strengthens the landlord system.

Similarly, if a conglomerate feeds an entire region, the president of that conglomerate is elected with almost no votes.

The reality is that no matter how fair elections are held, people cannot be free from money.

“When I enter the National Assembly, everyone will line up to grab me by the neck.”

Professor Homin Kim burst out laughing at my words.

The New Politics Party and the Liberal People’s Party are not the only lawmakers who are training me. It is a difficult world to live in for gray molecules like me.

“And you don’t have to be a politician to do politics.”

Occasionally, when celebrities make political statements, they criticize them by saying, ‘If that’s the case, get rid of what you’re doing and go into politics’.

But in a democracy, the sovereignty rests with the people. This sovereignty is not just about exercising your votes in elections. Economics and politics are closely linked, so everything I do is already political.

To argue that you can only do politics if you enter politics is close to a ploy to keep people away from politics.

In the United States, all kinds of celebrities, such as global company CEOs, Hollywood stars, and TV show entertainers, reveal their political parties and candidates, and express their political opinions without modification.

As a result, they are criticized by people with different political orientations, but that is also their own choice.

“Are you going to stay away from politics forever?”

“That’s another thing you don’t know.”

Professor Homin Kim nodded.

“That’s a good answer. Life is long and you don’t know what it will be like. do you know Will you run for president later?”

Please note that there is currently an age limit.

I said jokingly.

“I have a long way to go before I can run for office, so how about you run? I’ll take a picture.”

“No. I have to go back to school later.”

“Aren’t you going to keep doing R&D?”

Professor Homin Kim shook his head.

“In the arts, academic achievement increases with age, but science does not. If you think that one day you will no longer be able to create new results, you should go back to school. If one of the students I taught did something I couldn’t do, wouldn’t it be better than that?”

Hearing this, he is definitely a scholar by nature. Suddenly, Professor Mohan and Professor Petrov came to mind. They both feel the same.

Professor Homin Kim said with a smile.

“That’s why I’m maintaining friendships with other professors as well. If you can’t come later, I’ll have to ask you to write a recommendation letter.”

Even if you say this, Caltech, MIT, Moscow University, and Korea University will all be in a hurry to take them here and there.(Read more @ wuxiax.com)

Professor Homin Kim asked me.

“What are you going to do when you retire?”

“I do not know. I haven’t thought of anything yet.”

Even if I see the future sometimes, I don’t really picture my future well. What will I be doing later?

“Well, I’m still too young to think about retirement.”

“Not necessarily. It is said that Chairman Masiyoshi Song had already made plans for his life in his late teens.”

Masayoshi Song, chairman of Softbox, a Japanese conglomerate that encompasses IT, software, and mobile communications, made a plan to make money from his 20s to 60s to create a huge company and retire.

Surprisingly, the plan became a reality without any error. If there’s only one thing wrong with it, it’s retirement plans.

This is the fastest-changing moment in human history, and he postponed his retirement because he wanted to work a little more.

Before the OTK Company was formed, Berkshire Cashier was the largest investment company in the world.

The Berkshire Cashier relies entirely on the power of one Warren Boat. It is no exaggeration to say that the Berkshire Cashier is the Warren Boat, and the Warren Boat is the Berkshire Cashier.

But Chairman Warren Boat is nearly 90 years old, and shareholders are concerned about his health. He’s likely to retire in the next 10 years, even if nothing like a sudden ill health happens.

Because of this, Warren Boat has been cultivating a successor for decades, and told shareholders that even if he stepped down the next day, the next president would lead the company well.

In fact, even if he retires, Berkshire Cashier will be fine. So, what about OTK Company?

OTK Company’s growth into the world’s largest company was entirely thanks to my investment skills. However, this came from foresight, not from investment techniques or insights accumulated through long learning and experience like Warren Boat.

Investment techniques and insights can be passed on through education, but foresight cannot. You won’t be able to find someone like me again.

A successful investment company goes bankrupt in an instant.

During the global financial crisis, historic investment banks, including Lehman Brothers, went bankrupt one after another, while Bearings Bank, which has a 200-year history, went bankrupt due to one bad investment by Nick Listenson.

Can OTK Company continue to exist after I leave? Or will they disappear into history, as other companies did?

I am still young and have no intention of quitting my job right away. So there’s no rush, but it’s something to think about someday.

“I had a good coffee.”

Professor Homin Kim said with a smile.

“Come for a drink anytime.”