Investor That Can See The Future

Chapter 481

After we finished eating, we grabbed coffee and walked down the trail behind the company.

The temperature was low, but the sunlight was strong, so it did not feel that cold.

“It’s nice here.”

Warren Boat said proudly.

“of course. Living is better than anywhere else in the world. That’s why I don’t leave here.”

Unlike other people who, if successful, leave for the big city, he has always lived in his hometown where he was born and raised.

It is no exaggeration to say that Edens became world famous thanks to Warren Boat.

Shareholders’ meeting in May attracts shareholders from around the world with Berkshire Cashier stock to flock to this quiet town.

At that time, the whole city is enveloped in a festive atmosphere.

“A long time ago, my dream was to participate in the Berkshire Cashier General Meeting.”

He was taken aback by my words.

“Is that true?”

“Yes. I was thinking of saving up the money to buy B shares. A-shares are too expensive.”

“Then I will invite you to the next general meeting of shareholders. Please come.”

“I will come running whenever the president calls. It’s rare to get a chance to talk to the best investors in the world.”

“Hahaha!”

Warren Boat burst out laughing at my words. Looking at his smiling face, there is no other grandfather next to him.

“You are the best investor in the world. Haven’t you been pushed by CEO Kang Jin-hoo?”

I smiled bitterly.

“I was just lucky.”

If it wasn’t for the visible future, even his toes would not have followed. Yeji led me, who was an ordinary young man, all the way here.

“CEO Kang Jin-hoo made impossible things a reality. He should be proud of what he has accomplished so far.”

Warren Boat has been consistently profitable for over 60 years, but my investment experience is less than 10 years old.

Even if you win today, the market doesn’t know what will happen tomorrow.

A gambler’s ability is not determined at the moment he wins the most. At the end it is determined by how much is left in your hand when you get up from the board.

When an investor leaves the market entirely, he will be well appreciated for his achievements.

We stopped and sat in the Mercedes-Benz.

As anyone who has worked in stocks knows, investors are under tremendous stress every day. They cannot eat properly and live with a stomach ailment. Of course, the life span is short.

But even though he was over 90 years old, he still had a straight face. If you think about it, this is a bigger deal than making a lot of money.

It means that he thoroughly took care of himself.

I asked over coffee.

“Chairman, do you think a financial crisis will happen?”

Although it was a sudden question, he answered comfortably.

“It’s a lot of talk these days. In the capitalist system, the economy repeats booms and depressions, and in the process, financial crises occur periodically.”

“When do you think it will happen?”

“I do not know. Coping with a financial crisis is similar to Indians having a rainy day.”

It’s a famous myth.

When Indians celebrate rain, it always rains. Because he has a rain festival until it rains.

Those who advocate the financial crisis are similar. Even Prof. Nouriel Roubini has been saying for five years that a financial crisis will occur every year. Not long ago, a New York Times article diagnosed that the likelihood of a financial crisis next year is significantly higher than that of last year, last year, and this year.

Just as it will rain someday even if there is a drought, a crisis will occur someday even if the boom continues. The question is when is that?

A forecast that is not on time is meaningless.

I changed the question.

“Is it possible for someone to cause a financial crisis?”

Warren Boat’s eyes widened. You’ve probably noticed that I know something and feel a sense of crisis.

But instead of asking about it, he answered calmly.

“As you know, the world does not run on conspiracies and conspiracies alone.”

“i See.”

He was silent for a moment, then added his words.

“But it is true that huge forces are weighing down finance. When you think about it, it’s not surprising.”

Everyone wants the market to move in the direction they want it to go. When you buy a stock, you want it to rise, and when you sell it, you want it to fall.

Some want a rise, some want a fall, and some want a collapse.

It is not uncommon in the financial world for like-minded people to form a force and move systematically.

Warren Boat said he knew what I was thinking.

“You can’t create something that nobody else has. People are not stupid.”

“i See.”

You cannot deceive everyone with lies and deceit. You can shake the market for a moment, but you cannot change the direction of the market.

“But it is possible to make things happen. There is a saying. It is not a glass of water that overflows a glass, but a drop of water.”

I pondered over those words.

A drop of water means nothing unless the glass is full. But if your glass is full of water, even a single drop of water can make a difference.

If there had been no gunfire in Sarajevo, would World War I have happened? If Hitler had not been born, would World War II have happened?

They were just a drop of water.

If Europe had been at peace, the assassination of Crown Prince Franz Ferdinand would have ended with only those involved punished, and Hitler would have lived and died as an obscure painter.

“Then, is it full of water now?”

Warren Boat grinned bitterly.

“I do not know. Both the glass and the water are transparent and invisible to the naked eye. No one knows how big a glass is or how full it is. It’s only when the water overflows that everyone realizes. But it is true that the game has reached its peak.”

You probably know it intuitively as you have been investing for a long time.

Unlike others who are aggressively investing, Warren Boat has recently hoarded cash. Berkshire Cashier’s cash holdings hit an all-time high of $150 billion.

“The price is like a dog for a walk. Sometimes it runs ahead, sometimes it lags behind, but in the end it comes back to its owner.”

famous saying. Disparities between price and value in the market are very common. Rather, it can be said that coincidences are rare.

If price outstrips value, that’s a bubble. And the bubble will burst someday.

“The time to buy good companies cheap is over. Now even bad companies are selling at a high price. Even if it doesn’t make a profit, if you just show an idea, investors come to you with money. How many of them are really good companies?”

I have had success that way.

However, it was because he saw foreknowledge, and even after that, he supported it with a huge amount of capital. If it had not been possible to increase investment through Brexit, the current Karos would not exist.

Many of the startups that have received similar investments either fail or are still not making a profit. They are simply selling bonds and stocks to investors to make a living.

“If a crisis comes, many companies will collapse.”

“It is natural for an insolvent company to collapse. However, the financial crisis shakes even healthy companies. For some, it will be an opportunity to buy a good company at a low price.”

Warren Boat is famous for making huge amounts of money after the financial crisis.

At that time, there was no end to the recession, and there were even rumors that the global financial system would collapse. When everyone was screaming in horror, Warren Boat invested all he had to buy the property.

Now that everyone knows the outcome, they regret the things they didn’t buy then. But if that ever happened again, how many people would throw it all away?

“There is nothing to worry too much about. After capitalism was born, it went through numerous crises, but it has always overcome crises and has grown again. It was the same last time, and it will be the next.”

“i See.”

When he finished talking, he asked me.

“Did my talk help you?”

I nodded.

“Yes. It has been very helpful.”

* * *

I headed to Wall Street to visit the Golden Gate headquarters.

The most important thing in the market is information. It is also possible to turn stones into gold with information.

The higher you are, the faster you can access accurate information. If you look at the Korean stock market alone, foreigners move first, followed by institutions. And individuals always take the last train.

Financial capital has long been connected in a complex network, forming a huge cartel.

Golden Gate, JPMorgan, BOA, Wells Fargo, Citi, Capital One, Redstone, KRR, Lone Star, Starwood Capital, etc.

Who is at the apex?

I can be said to be a heretic born outside the cartel. This was possible because foreknowledge was the first to come in contact with information that no one knew about.

Wall Street still looked like a row of gray buildings.

It is said that Manhattan was bought by the Dutch at the beginning of the 17th century for $24 to Indians.

It is the place where the most money flows compared to the area and population.

As I was checking in at the hotel, someone came up to me.

“long time no see.”

Neither tall nor short, long blonde hair that falls to the waist, small face, pure white skin, shiny forehead, big eyes and a tall nose, eyes shining like jewels.

It seemed to tell what a perfect look was like. It’s so unrealistic, it’s like living in a different world all alone.

I remembered her name.

“Grace Rothschild.”

She smiled and asked me.

“Do you have time for a cup of tea?”

* * *

She guided me to an old-fashioned tea house.

Presumably, there was no one else but us.

“Did you come all the way here to see me?”

At my words, she shook her head.

“Please. I’ve been here for a week or so. I heard that your private plane was coming, so that’s why I came here.”

Was he on Wall Street before the US interest rate hike?

Grace removed her gloves from her hands, and in her graceful motions lifted the teacup.(Read more @ wuxiax.com)

The teacup is a bone china with gold rims in a colorful pattern. Tea and ceramics were also imported from China, but at some point they became the culture of the British aristocrats.

“Whoever goes to Wall Street is one of two people. Are you here to make an investment or to receive an investment? Which one are you?”

“Which one does it look like?”

She drank her tea and said jokingly.

“Tell me if you need money.”

“Will the Rothschild Bank give me a loan?”

“If you wish.”

I leaned back.

“How long can I borrow?”

“It depends on the person. Wouldn’t unlimited loans be possible for you?”

Not the other person’s credit, but as long as the bank’s lending capacity is enough? If the person does not pay the money on time, the bank is bankrupt.

Of course, such a loan is not possible.

“Is that possible?”

“There was only one. Who the Rothschild Banks allowed unlimited loans.”

“Someone?

She spoke in a low voice, as if telling a secret that should never be leaked.

“I am the Count of Monte Cristo.”

“haha.”

Laughter came out of its own accord.

In the novel, the Count of Montecristo deals indefinitely with several banks.

One of them is Rothschild. Among them was the historic Bayings Bank, which went bankrupt in 1995 by Nick Leeson.

There are countless conspiracy theories surrounding the Rothschilds. The novels and movies in which they appear are also important. The important fact is that they exist in reality.

If you think about it, it’s funny.

Even today, families that are mentioned as the wealthiest in 19th century novels dominate the world’s finances.

Korea is called the Seoseong Republic.

The power of the Seoseong Group extends in all directions, whether in politics, business, legal circles, academia, or the media, and they serve the interests of the group without knowing it or not.

Those who were chaebols for only a few decades are controlling Korean society.

So what about the Rothschilds? For over 250 years, they have reigned as the world’s top financial families.

I can’t even imagine how many assets there are in the world, how many followers there are, and how powerful they are.

Would that be enough to move the world’s capital?