Chapter 70
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Gun-Ho had early experience investing in stocks . He invested all of his money that he had saved up during his work in factories and a sunshine loan of 10,000,000 won he received, in stocks .
It took six months to lose everything he had invested in stocks at the time . He was left with the sunshine loan of 10,000,000 won and he spent his early 30s in paying off the debt .
"I shouldn't repeat my early mistake . "
Gun-Ho, let out a deep sigh .
Afterwards, while he was working at YS Tech in Dunpo, Asan, Gun-Ho used the company's money to invest in a waste management company's stocks and made 520 million won .
"I know I shouldn't have used the company's money, but the money I made from it became my seed money . Using that seed money I started my first business in Noryangjin—a Vietnamese noodle soup restaurant . It didn't work out well, but I made a significant amount of money from the subsequent investment in real estate in China . "
Gun-Ho reminisced about the stock investment of InsunENT .
"Little people like me can't possibly have any inside information about a company to determine which company to invest money in . I just heard from Chairman Lee who I met at a fishing site that a waste disposal business would have a bright future, and I subsequently invested in the waste management company believing what Chairman Lee said . "
Gun-Ho blamed himself for the recent failure with his stock investment . He should have focused on the company's business and its potential, rather than analyzing stock charts and the trading volume to produce profits in a short period of time .
"Whew, I still have a lot to learn to be a big player in the business field . Even Chairman Lee who is loaded with extensive life and business experience doesn't do stocks without knowing the other player's cards!"
Well, Gun-Ho missed him .
"I haven't thanked him yet . I've been too busy after I returned from China . As a matter of fact, he sort of guided me in the direction of working in accounting and investing in the InsunENT stocks!"
Gun-Ho made a phone call to Jong-Suk .
After a few ringing, Jong-Suk picked up the phone .
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"What were you doing? Why aren't you picking up the phone quickly?"
"Oh, bro . How's your auction school thing?"
"It's okay . Are you still going to the fishing site?"
"Nah, I haven't been there lately . I am going to mountain climbing instead of these days, because of my team leader at work . He loved it, so I follow him to a mountain . "
"You haven't seen Chairman Lee recently then . "
"Right, I haven't . "
"Hey, do you want to go fishing this Sunday?"
"This Sunday? I will have to get back to you on that . Our factory is expecting new machine equipment and I have to see how it goes . I will let you know tomorrow . "
"Okay . Make it work, okay? I will buy you lunch, nice one . "
"Bro, did you buy a car?"
"No, not yet . I will rent a car . "
"Take the subway . I will pick you up . "
"I can't bring my fishing gears to the subway . I will rent a car . I can afford it . "
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"Okay . I will talk to you soon . "
Jong-Suk called, and he said that he could go fishing on Sunday .
It was spring . Magnolia flowers were in full blossom . The weather in China was gloomy, but the weather in Korea was bright and mild . Gun-Ho and Jong-Suk met at the Pocheon fishing site .
"Hey, Jong-Suk . Good to see you!"
"Bro, are you done with the auction course?"
"No, not yet . "
"Complete your learning on auction as soon as possible and become a real estate mogul . "
"Save it . You have to have something, to begin with in order to become a mogul . "
"Grab some land here in Pocheon by auction . I heard a lot of factories here are selling at an auction because they are not doing well these days . "
"Haha . I don't have enough money to buy a factory . I'm thinking of buying a townhouse . "
"It seems that Chairman Lee didn't come fishing today . I don't see Manager Gweon either . "
"Does Manager Gweon still assist Chairman Lee? That man who was discharged from the military . He said he was a lieutenant colonel, right?"
"Oh, that man? Yes, he is still with Chairman Lee . Haha . He was actually not a lieutenant colonel, but a major . Chairman Lee was just making a joke about it . "
"Right . That's more like it . He was too young for a lieutenant colonel . He seemed to be loyal though . "
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"Yeah . He doesn't talk much . When I met them last year, he told me that he was related to Chairman Lee . He said Chairman Lee is his second cousin . Chairman Lee had helped him a lot since he was a student . "
"Really?"
Gun-Ho and Jong-Suk had a lot to catch up while fishing . Jong-Suk was an outgoing person and he seemed to be still in touch with friends from Incheon and Bucheon; he knew how those friends were doing these days .
"You are in the know and nosy!"
"I am different from you, bro . You don't go out a lot . It has always been that way . When you were in high school, I once went to your home . Do you know what your mom told me at that time?"
"What did she say?"
"She said, her son was a homebody and he always stayed home reading cartoons . "
"Haha, was I? Hey, let's have sashimi . I'm treating you . I saw a big sashimi restaurant around Millak Town in Uijeongbu City on the way here . They have a spacious parking lot too . Let's go there . "
"Sounds great . Let's go!"
Gun-Ho was really hoping to see Chairman Lee that day . Since he didn't see him, he decided to come to the same fishing site the following Sunday .
On the following Sunday, Gun-Ho decided to go to the fishing site by himself .
"I can't ask Jong-Suk to come with me every time I want to go fishing . Jong-Suk is now Assistant Manager and he must be busy with his work . "
Gun-Ho rented a car .
"I want to stop by the Kyobo bookstore before going to the fishing site . I want to read the book, 'Power Shift' and 'Source of Wealth . ' I can't use the money invested in QM Steel anyway to invest in some other stocks . Let's read books and try to have inner peace . "
Gun-Ho stopped by at Kyobo bookstore on the way to the Pocheon fishing site to buy books . He was heading out when he saw heavy traffic on the road .
"Huh? What's going on? The road is covered with combat police . There must be a protest march today . "
Gun-Ho craned his neck out of his car window .
"No Four Major Rivers Project!"
"It will kill the environment . We are against the Four Major Rivers Project!"
"No to Myung-Bak Lee!"
The year when Gun-Ho returned to Korea from China was the presidential election year . One of the presidential candidate—Myung-Bak Lee's campaign promise was the Four Major Rivers Project . The opposing side attacked his campaign vigorously . People from the environmental organization came out on the street with placards showing their opposition to the project .
Protesters ranted with a megaphone, and the combat police were trying to block them with shields .
"I'm not very interested in protesting . Let's get out of here quickly!"
Gun-Ho didn't have experience of protesting since he didn't have a real college campus life . He graduated from a cyber college which evidently provided no campus life and when he went to Zhejiang University in China, he couldn't fully enjoy his college life because of his age .
"The protest will go on until the presidential election is over . "
Gun-Ho headed to Pocheon by taking a different route from what he originally planned, while passing Donam and Ssangmun Town instead of the riverside road .
"Here is a paradise . It's so quiet here . Even though the world is noisy, I can have my peace of mind by looking at the quiet river . "
Gun-Ho walked down to the reservoir while carrying his fishing rod .
It was a fine sunny day with some clouds in the sky . This was the Peach Blossom Land .
Gun-Ho saw two men fishing . They looked like Chairman Lee and Manager Gweon . Gun-Ho approached them and it was them .