Skeptics scoffed upon reviewing the investnt report.
[It's a mirage;;;]
— No sales and no basis in cash flow at all;;; -And look at the nerve of this non-expert spouting nonsense. Have you even read it?
There was so rit to the skeptics' argunts. Genesis is essentially a company with no sales. No matter how good the clinical trial results are, it’s only in Phase 2. There’s still no guarantee of drug approval………………
A valuation of $400 is excessively high for a company without sales or products.
However, there were reasons for professional analysts too. Genesis was a special case.
Others said to wait and see,
And so urged to buy more. There are only three paths in investing: Buy, sell, or wait, But with argunts justifying every choice rampant, It beca even harder to decide.
—The market has gone mad……………
— It's the stage of crowd psychology, so prediction is utterly impossible.
There was no shortage of cynical reactions that analysis itself was now aningless. However, The employees at Goldman did not agree with that opinion because they knew one person who had anticipated all this.
The person who had seen through all these trends from the beginning. It was Ha Si-heon.
***
"How high do you think it will go?"
"When are you getting out?"
"Did you see the report from Alpha Seeker today?"
As evening ca, a huge crowd surged into the M&A departnt. It seed they had more than one or two questions.
Just as I was about to pick one question to answer.
"Hey hey hey hey!"
There was soone in front of , blocking my way.
Like setting up a fence, this foolish guy had his arms wide open in front of . He's my fifth largest investor, Faber.
"Don't tell them! They're not even investors!"
Faber is, so to speak, a paid mber of my fund. Since he's paying, he wouldn't like it if I provided information to outsiders for free.
"What does it matter? We're all shareholders here anyway…………"
"It's not like you go bankrupt just by telling them, right?"
As soone retorted, veins bulged on Faber's forehead.
"If you're so curious, pay up and join! What makes you so bold to pick up others' picks for free!"
"You dropped it first. Don't you know it's not a cri to pick up money dropped on the street?"
Faber's face contorted with contempt. With the way he treated everyone around like thieves, I sighed deeply inside.
This guy wants to monopolize the information all by himself. If this were Pangyo, he’d be content just grabbing the pri spots for himself. In other words, his way of thinking is closer to that of an ordinary person.
‘His mindset is too narrow.’
With that kind of ntality, he won't last long in this field. Have I ever said it? The scale of opportunism between Wall Street folks and ordinary people is different. It ans their capacity for greed is different. Faber’s anger soon turned towards .
"You too! Do you answer straightforwardly when asked!"
"I had no intention of sharing the information."
"Stop joking! You were about to say sothing!"
"I was about to. ‘Just listening to stocks and investing is extrely dangerous. Make your own decisions.'"
Disappointed by my answer, people slowly started to leave.
I turned my gaze towards Faber. "So, what brings you here?"
"Ah, well……………."
Faber scratched the back of his head with an awkward expression. His previous assertiveness had vanished.
"Did you see the text I sent?"
"No, I haven't seen it yet. I haven't had the chance."
When I opened the ssage, Faber’s request was clear.
"It's a redemption request."
"Haha, I didn’t want to get too greedy and end up in trouble. As you know, it’s quite unstable."
"Understood. I’ll settle it based on the ti of the request."
"That’s at 2:15 PM, right, based on that ti?"
It turns out this was why he ca in person. Faber even pulled up the stock chart for confirmation.
At 2:15 PM, the stock price was $496.89. Now it’s down about $30 to $467.02.
At first glance, it seems like a loss for . I’d have to settle about $30 more per share. But, well, I've decided not to sweat this small amount.
"The return is calculated at 756.71%, totaling $471,693. After deducting half as managent fees, it's $235,846."
I take half of the earnings in fees. That’s more than enough to cover any difference.
"Isn’t 50% a bit too expensive, though…………….."
As we talked about the fee, a bitter expression crossed Faber’s face.
However, I firmly responded, "If it weren’t for , you wouldn’t have invested $55,000 in the first place. Even if you had, you would have cut your losses long ago."
"That’s true but…….”
It must sting. But a deal is a deal.
"As I ntioned, the actual paynt date is March 1st."
This clause also works in my favor. From today until March 1st, I can freely utilize the $471,000 with no owner. And I get to keep all the profits made from that money.
"Fine……. Got it."
As the grumbling Faber left, the associates who had been circling around ca closer again. I could see anticipation and curiosity in their eyes.
"Now that the nuisance is gone, can’t you share just a little?"
"How high do you think it will go?"
"Is the $872 that rrill Lynch ntioned possible?"
Should I really tell them?
Prev | TOC I Next
User Comments
0 comments from readers