Even if He Keeps Spending, Money Accumulates (Novel)
Chapter 100 ·

Chapter 100

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Translated by Heavenly Cat

Read it only at Novelbyu.com & Utoon.net

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“President. This is the list the foundation selected through investigation.”

As soon as Gwangwoon Foundation was newly established, they went searching for places desperately needing our help.

They distribute donations comprehensively, but among them they created a system together to select special students and give scholarships intensively.

And through investigation, a list selecting capable friends desperately needing financial help was completed.

“…”

I examined the names on the list.

According to my separate request, the foundation wrote each student’s profile in detail.

Because that way I could obtain information about them and exercise my intuition.

‘Indeed.’

As expected, as profiles on the list entered my head, lights started turning on for each name.

One thing I can know is that our foundation people work very well.

Perhaps that’s natural in a way.

Especially because I directly selected employees who select lists.

‘Starting from people emitting the clearest light.’

Though I planned to give support funds to everyone here, I planned to give the best support to students showing the best light here.

Until they become adults and firmly establish themselves.

“Please put students I checked here on the intensive support list. And proceed with basic support programs for other students.”

“Ah, yes. President.”

Following my instructions, the foundation found students in various fields and created lists.

More students in our country needed help than expected.

That a guy who only played games in his room could grow and help students desperately needing support.

Should I say it’s a new feeling?

Though I don’t know how far they’ll fly after receiving support, I hope they become excellent people who can have a big positive influence on this country.

Because I started this foundation with that one belief.

“…”

I looked at Deputy Manager Ahn who was hesitating after receiving the list.

“Do you have something to say?”

“Ah, well.. Deep OTM options typically mature within 72 hours, but the ones I’ve targeted will mature within 24 hours.”

Deep OTM.

If British currency value plunges, it’s a so-called gambling-like put option product that pays corresponding costs.

In other words, like lottery tickets where you buy with premiums like other products and receive jackpots when something really happens?

My intuition pointed there first.

I too naturally hesitated knowing what this meant.

But my intuition kept pointing at that item, and I accordingly told employees to find and scrape together all Deep OTM products scattered in the current market.

If my intuition is right this time too, I’ll gain money exceeding several trillion won.

But if wrong, conversely premium costs of hundreds of billions fly into the air.

And there’s one problem.

As Deputy Manager Ahn just said, this OTM was designed gambling-like from the start, so maturity deadline is very short.

Only 24 hours remain now.

If something doesn’t happen within this, hundreds of billions we scattered fly away without any earnings.

Actually I too was nervous being human.

Even knowing intuition was never wrong once, I always have such anxiety.

The anxiety that maybe it could be wrong once sometime.

“Please keep watching.”

“…Yes.”

But the die was already cast.

***

“Deputy Manager Ahn. What did he say? Did you ask?”

“About OTM?”

“Yeah.”

“He just said to watch.”

“Nothing else at all?”

“No.”

Team members let out short groans.

Not only OTM, but other things are problems too.

President Jeong Jin-ho scattered money here and there as if Britain would collapse tomorrow.

Including very extreme products too.

Looking at President Jeong Jin-ho’s investment tendencies until now, though always aggressive like this..

“It wasn’t this much, right?”

“Right. No matter how much he did short selling, he never put money in sides with such short maturity deadlines.”

OTM expires within 24 hours, and other products still have deadlines remaining but it’s tight.

Also usually even doing short selling, he spaced it over several days.

However, this time he found only volumes that could immediately digest all amounts and put money in.

What would this mean?

Not that Britain just shakes, but that Britain’s market will be covered by history’s largest financial crisis.

When that time comes, all stocks will hit lower limits, and if short selling was done in advance, it means making money wherever you put it.

“But can Britain become like that within 24 hours? For it to go as President wants, a flash crash must occur, but there’s no trigger for that?”

Flash crash.

It means a specific stock experiencing big plunge in very short time then recovering again.

“No. President isn’t simply aiming for flash crash effect. What could be a trigger in Britain now?”

“No-deal Brexit?”

“Right. Perhaps real no-deal Brexit could come.”

“But.. Even if no-deal Brexit happens, the market collapses enough to trigger OTM?”

That was true too.

No-deal Brexit.

It will be a shocking event for Britain.

If no-deal Brexit really bursts, British markets shaking is correct, but they won’t be destroyed to the degree of getting smashed like Japan.

Because British securities have a scale reaching 3 times Korea’s securities.

It was even bigger scale than France.

If it were someone else, they’d think the president finally went crazy.

But Manager Seo who experienced the person called Jeong Jin-ho for several years was the opposite.

“What on earth is going to happen in Britain…”

***

Raynold Veil was shaking his legs uncharacteristically.

Soon the employee he was waiting for rushed inside hurriedly.

“So. What happened?”

“I checked once more, and it’s already decided. No-deal Brexit absolutely won’t happen, and they’ll extend the period long.”

“You’re sure? Really not no-deal Brexit?”

“Yes. Because if it happened that way, not only Britain but other European countries would also suffer damage together, so they said there won’t be such extreme choice. Since it’s information obtained from EU internal side, it’s certain.”

Right. That’s correct.

No-deal Brexit is impossible.

“But why on earth are these bastards…”

The problem was Gwangwoon.

“Maturity has 24 hours left, right?”

“Yes.”

“Sigh.”

After 24 hours, the EU will announce that no-deal Brexit absolutely won’t happen and they’ll extend negotiation period.

But does Gwangwoon not believe that information?

They bet on Britain collapsing within 24 hours. For what reason exactly?

“Director. Doesn’t this mean Gwangwoon has wrong information?”

“Could be. But think about it. Would Britain’s economy really collapse just because no-deal Brexit happens?”

“There’d be big shock but.. Not like Gwangwoon bet now.”

“Right. That’s why I’m going crazy now. What information exactly do they have to be so confident?”

Already bald, but it feels like hair is falling out.

Clearly something seems to exist, but even turning all Gold Reagan’s information power, no answer came out.

“Can’t we just ignore it?”

“Ignore it? If Gwangwoon’s information is right and British securities really get smashed within 24 hours, do you know how much money we’ll have to pay then?”

Gwangwoon scraped together all OTM that exists.

Also bought various derivative products.

“If Gwangwoon’s prediction is right, from our Gold Reagan first, financial companies that scattered derivative products all get fucked. And also means all our stocks entered in Britain plunge.”

That’s why Raynold had to decide.

Ignore it like this?

Or prepare like Gwangwoon?

Time remaining is 24 hours.

If something really bursts, it’s already late time, but still it might be golden time where giving just one arm can save other things.

“What about other financial companies or funds? If Gwangwoon attracted this much attention, everyone should
know by now?”

“Yes. Actually because rumors are spreading fast, bear funds already withdrew. Since it’s late to enter hitting short selling, they’re at least cutting losses first.”

“Those crazy bastards are getting scared and withdrawing?”

“Originally bears are Gwangwoon’s fanatics. But because Gwangwoon moved suddenly, they also couldn’t follow positions in advance. They chose the method of escaping to reduce losses at least.”

An awareness game started.

The problem is that bear funds where quite crazy bastards all gathered got scared first and withdrew.

Meaning that..

“Other bastards will also withdraw soon.”

That bears supposedly injecting money mindlessly without reason caught their minds means something really big happened.

There Raynold also made a decision.

“I’ll report to superiors now and come back, so tell all departments. From now on, withdraw all products related to Britain at once, or retrieve them. Also tell them to throw all stocks entered in British securities at once.”

“B-but if suddenly throwing that large amount, losses will be..”

“They’re probably all clearing positions knowing or unknowing now. So we must shake off faster than those bastards. Otherwise only toilet paper might remain. Move quickly.”

Time remaining is just 24 hours.

It was tight.

That’s why he had to hurry.

Raynold, who was tidying his tie neatly to report to superiors, breathed a deep sigh.

Exactly what information do you Gwangwoon bastards have?

Then suddenly this thought occurred.

“But.. What if there’s actually nothing?”

No no-deal Brexit, and actually there’s no event shaking Britain’s economy within 24 hours either. But regardless, everyone drunk on madness started throwing volumes.

Because the one betting is exactly Gwangwoon.

Weren’t Gwangwoon’s shocking investment techniques shown until now things worthy of remaining in world history?

“What does such thing matter now?”

Even if all this was Gwangwoon’s fake, it doesn’t matter.

Because events are already occurring because of them.

***

Prime Minister Theresa March secured negotiation time with the EU to firmly grasp shaking approval ratings.

Many people will criticize that, but it’s fine.

If she finishes negotiations well, even if people curse her right now, evaluations will gradually change as time flows.

And she’ll become one of the figures remaining long in British history.

On the positive side too.

“…”

But seeing the chart before her eyes, she momentarily lost words.

“Wh-what exactly happened?”

As soon as the market opened, British securities are experiencing big plunge.

Shocked, they tried to activate circuit breakers to calm it, but it was useless.

“Institutions are simultaneously throwing all volumes as if promised. Funds too.”

“So why exactly is this happening!”

“Well.. We also can’t know the reason.”

“Wh-what? Without any reason, everyone’s hitting selling now?”

Because securities rising and falling necessarily have some issue.

But now securities suddenly had the Great Depression come without anything happening.

“Perhaps everyone’s doing this thinking it’ll be no-deal Brexit?”

“Not that. We already spread all news to securities companies. That no-deal Brexit absolutely won’t happen.”

“Then there’s nothing besides that. But why is everyone going crazy like this?”

While no one could provide answers, one person quietly opened his mouth.

“It’s because of Gwangwoon.”

“Pardon?”

The finance minister’s already white face turned whiter.

“I also just received the report, but Gwangwoon side initially poured money uniformly into stocks betting Britain’s economy collapses within 72 hours.”

“Wh-why exactly?”

“I don’t know that. The problem is as that news gradually spread, they watched each other and when the last 24 hours remained, institutions and funds all threw volumes causing this situation.”

March doubted her ears.

So now one company called Gwangwoon bet on Britain collapsing and everyone got swept up in it causing this mess?

“That’s such nonsense..”

It was absurd beyond finishing words.

The problem is this is reality.

“The biggest problem is exchange rates. Pound value fell 7% in that short time now. But if institutions keep hitting selling panicking like this..”

The finance minister swallowed dry saliva continuing the next words.

“The second Black Wednesday comes. Perhaps far bigger than that.”

What British politicians hate most is exactly Wednesday.

Because the large-scale pound short selling event George Soros caused in the past is called Black Wednesday.

“So.. In my term, and a financial crisis bigger than Black Wednesday might come?”

“Not might come, it already came to the door, Prime Minister. We’re somehow stabilizing it, but this fear is spreading beyond institutions to individuals too, so actually..”

The finance minister also couldn’t continue words.

“So didn’t I tell you beforehand? That we don’t know what Gwangwoon will do, so we must block it in advance.”

“…”

Aides’ words no longer entered her ears.

No. She doesn’t even know how to react.

Is such a thing really possible?

Without any issues, just because one financial company in Korea bet, everyone gets swept up in it simultaneously hitting selling destroying Britain’s market?

Really?

End of Chapter 100

Chapters

Even if He Keeps Spending, Money Accumulates (Novel)

235Chapter 235 (End)234Chapter 234233Chapter 233232Chapter 232231Chapter 231230Chapter 230229Chapter 229228Chapter 228227Chapter 227226Chapter 226225Chapter 225224Chapter 224223Chapter 223222Chapter 222221Chapter 221220Chapter 220219Chapter 219218Chapter 218217Chapter 217216Chapter 216215Chapter 215214Chapter 214213Chapter 213212Chapter 212211Chapter 211210Chapter 210209Chapter 209208Chapter 208207Chapter 207206Chapter 206205Chapter 205204Chapter 204203Chapter 203202Chapter 202201Chapter 201200Chapter 200199Chapter 199198Chapter 198197Chapter 197196Chapter 196195Chapter 195194Chapter 194193Chapter 193192Chapter 192191Chapter 191190Chapter 190189Chapter 189188Chapter 188187Chapter 187186Chapter 186185Chapter 185184Chapter 184183Chapter 183182Chapter 182181Chapter 181180Chapter 180179Chapter 179178Chapter 178177Chapter 177176Chapter 176175Chapter 175174Chapter 174173Chapter 173172Chapter 172171Chapter 171170Chapter 170169Chapter 169168Chapter 168167Chapter 167166Chapter 166165Chapter 165164Chapter 164163Chapter 163162Chapter 162161Chapter 161160Chapter 160159Chapter 159158Chapter 158157Chapter 157156Chapter 156155Chapter 155154Chapter 154153Chapter 153152Chapter 152151Chapter 151150Chapter 150149Chapter 149148Chapter 148147Chapter 147146Chapter 146145Chapter 145144Chapter 144143Chapter 143142Chapter 142141Chapter 141140Chapter 140139Chapter 139138Chapter 138137Chapter 137136Chapter 136135Chapter 135134Chapter 134133Chapter 133132Chapter 132131Chapter 131130Chapter 130129Chapter 129128Chapter 128127Chapter 127126Chapter 126125Chapter 125124Chapter 124123Chapter 123122Chapter 122121Chapter 121120Chapter 120119Chapter 119118Chapter 118117Chapter 117116Chapter 116115Chapter 115114Chapter 114113Chapter 113112Chapter 112111Chapter 111110Chapter 110109Chapter 109108Chapter 108107Chapter 107106Chapter 106105Chapter 105104Chapter 104103Chapter 103102Chapter 102101Chapter 101100Chapter 100Reading99Chapter 9998Chapter 9897Chapter 9796Chapter 9695Chapter 9594Chapter 9493Chapter 9392Chapter 9291Chapter 9190Chapter 9089Chapter 8988Chapter 8887Chapter 8786Chapter 8685Chapter 8584Chapter 8483Chapter 8382Chapter 8281Chapter 8180Chapter 8079Chapter 7978Chapter 7877Chapter 7776Chapter 7675Chapter 7574Chapter 7473Chapter 7372Chapter 7271Chapter 7170Chapter 7069Chapter 6968Chapter 6867Chapter 6766Chapter 6665Chapter 6564Chapter 6463Chapter 6362Chapter 6261Chapter 6160Chapter 6059Chapter 5958Chapter 5857Chapter 5756Chapter 5655Chapter 5554Chapter 5453Chapter 5352Chapter 5251Chapter 5150Chapter 5049Chapter 4948Chapter 4847Chapter 4746Chapter 4645Chapter 4544Chapter 4443Chapter 4342Chapter 4241Chapter 4140Chapter 4039Chapter 3938Chapter 3837Chapter 3736Chapter 3635Chapter 3534Chapter 3433Chapter 3332Chapter 3231Chapter 3130Chapter 3029Chapter 2928Chapter 2827Chapter 2726Chapter 2625Chapter 2524Chapter 2423Chapter 2322Chapter 2221Chapter 2120Chapter 2019Chapter 1918Chapter 1817Chapter 1716Chapter 1615Chapter 1514Chapter 1413Chapter 1312Chapter 1211Chapter 1110Chapter 109Chapter 98Chapter 87Chapter 76Chapter 65Chapter 54Chapter 43Chapter 32Chapter 21Chapter 1

End of Chapter 100

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