The Youngest Son of Sunyang

Chapter 37 Don't Be Greedy 1

Miracle Investment, backed by New York, established a Korean investment firm with a 98 percent stake, and Oh Sehyun took office as the CEO of both the U.S. and Korean entities.

Now, as the majority shareholder, I and the professional manager, Oh Sehyun, had developed a subtle relationship. His attitude toward me seemed largely unchanged, but he no longer opposed my opinions on the spot.

He listened more attentively, and when he did express opposing views, they were always well-founded opinions based on data.

Especially when I mentioned that I would sell all my Dell Computer stocks, he didn't get excited but instead showed me the price trend graph.

"Last week, the stock price was $47. It has never dropped once since its listing, truly a diamond-grade stock. How about reconsidering when it crosses $60?"

"Do you think there's a bubble?"

"Of course, there is. But the bubble is also a component of the stock price. I'm talking about exiting when that bubble bursts, right at $60. That's when people start to doubt the bubble. It won't be too late to exit then."

His analytical eye for stock prices was sharp.

I, someone who was far from stock investments and bubbles, didn't know much about it. I only paid attention to Dell Computer's stock price because of my interest in Michael Dell.

The reason I knew about it was that the stock price, which had skyrocketed to $49, crashed to $10 and then climbed back to $60, maintaining that level.

But Oh Sehyun had predicted the $60 figure. He was an extraordinary person.

"Uncle, we've made more than a hundredfold profit, isn't that enough? There's no need to be more greedy."

"You're right. If you don't want to be greedy, sell Dell Computer and invest in a stable place. Coca-Cola, Heinz, and so on. How about that?"

"That's too stable. It's not the job of an investment firm. Individuals should do that."

Now my uncle had found a good balance. He took a deep breath and stepped back.

"You mentioned Japan, right? Have you looked into it? Are there any good options?"

"Could you check for me? See if there are any good options?"

Before I could say it aloud, I wanted to see the places Oh Sehyun would find. Perhaps he might discover a better company than me.

"Well, I'll make a list, and then let's discuss it again. If there's nothing better than the U.S., would you consider changing your mind?"

"Of course. Investing in the best place is fundamental."

I also took a step back. He was a necessary person, so I had to accommodate him to some extent.

"Grandfather, may you stay healthy for a long, long time."

"Enough with the formalities... You seem more mature. Have you learned a lot?"

Jin Yeong-jun's bow, who returned from Germany after several years, didn't earn a single approving glance from Chairman Jin.

Every week, J Chairman Jin meticulously checked his life through the reports coming from the branch office. Although there were occasional instances of him getting tipsy, there were no major incidents.

"I didn't need to go to Germany, Grandfather."

"What?" Although Chairman Jin's eyebrows twitched, Jin Yeong-jun remained confident.

"We can't sell our electronics there. The production can't keep up. European distributors are willing to make advances and wait. But wasn't that all thanks to you, Grandfather? I thought it would be faster to learn directly from you."

"Is that because of me?"

"By eliminating convenience features and offering only essential functions at a low price, we've made a splash not only in Eastern Europe but also in Western Europe. Isn't this all part of your strategy, Grandfather?" Jin Yeong-jun sat down next to Chairman Jin and nodded respectfully. "I've learned a lot. Thank you, Grandfather."

"Staying away from women seems to have cleared your head a bit."

"I haven't been drinking much either. Just occasionally enjoying some wine."

Jin Yeong-jun spotted a faint smile on his grandfather's lips and felt relieved. It seemed like he had somewhat softened his grandfather's heart of doubt.

Now he wanted to put an end to his exile. In Korea, being the eldest grandson of the Sunyang Group had tremendous power, but in Germany, he had nothing.

He didn't even fully understand what "Sunyang" meant, but even if he did, that wouldn't be enough. All that mattered was his status within the Korean community.

He wanted to live like a prince in this land as soon as possible.

However, his grandfather's words shattered those expectations.

"Alright. Continue living with restraint. The branch managers praise that. Work diligently like this until you turn thirty. After that, come back and take your position here."

He wanted to protest vehemently, but thanks to the patience he had learned in Europe, he could smile brightly instead.

"Yes, Grandfather. I will work hard. Please watch over me."

After finishing the New Year's greetings in this manner, Jin Yeong-jun returned home. He didn't forget to spit once in front of his grandfather's house.

"I have to stay stuck in Europe until I'm thirty."

"So what? Are you upset about it?"

"Oh, Father. I'm not a child anymore. I told him I'll work hard and came out."

"Well done."

Vice Chairman Jin Yeong-gi patted his son on the shoulder. Then he looked at his children sitting on the living room couch and said,

"Now that you're all adults, remember my words. Father will surely keep a close eye on your every move. If even a slight rumor of misconduct reaches his ears, it won't just affect you but also others. Be careful."

The eldest daughter, Hyekyung, and the youngest son, Kyungjun, had solemn expressions.

Since their inheritance ranking was far behind, there was no reason for them to be in their grandfather's favor. They understood well enough that their father's words were meant to prevent any trouble for their elder brother, Jin Yeong-jun. After all, they were adults now.

"Hyekyung, when you graduate from college next month, I'll introduce you to a decent guy for marriage. And as for studying abroad..."

"Dad! Who gets married right after graduating these days? Give it a few more years..."

"Listen to me until the end!"

Under Chairman Jin's stern scolding, their protesting lips were sealed shut.

"Everything you've get to do is only because of your Grandfather's bloodline. Thanks to that, you enjoy everything you want and live a comfortable life. If Father were to disown you, you wouldn't even enjoy half of what you have now."

THIS CHAPTER UPLOAD FIRST AT NOVELBIN.COM