Wall Street of the third generation chaebol

＜ Detroit D. Morgan. (2) >

profit.

“It’s Coca-Cola.”

New York City, Manhattan.

While driving to my private residence, James handed me a glass bottle of soda foam.

“Thanks.”

But I was distracted by the car, and I took a glass of Coke in one hand and looked carefully at the car body.

As it was at the end of the 19th century, it had no roof on the body, and the shape of the carriage was small and it was small because it was two-seater, but it was not bad because it had a fairly profound classic feel.

Besides, is it a Benz?

i know this model

“Benz Victoria.”

Benz’s living and breathing history itself was measured at a low price for mass production of the world’s first Mercedes-Benz velocipede equipped with a static internal combustion engine.

I leaned back on the backrest and sipped my Coke.

‘The car is also a Benz.’

The Morgan I possessed is a human being, Coca-Cola, so my taste suits me better than I thought.

Did the possessive choose an opponent who was a good match for me? If a divine being placed me in this body, I can confidently speak to God.

that it was the best choice.

‘By the way, wouldn’t this model be available in the US?’

I turned my head to the driver’s seat.

“James, as far as I know, Mercedes-Benz has not yet entered the US in earnest, but where did you get this model?”

“…Anyway, this is a bit disappointing. The master sang a Mercedes-Benz song, so I took a boat to Germany and brought it.”

“Oh sorry.”

‘Actually, there is no other way but airlift from Germany. Morgan, you treat people harshly.’

Embarrassed, he rubbed the back of his neck.

He handed me a bottle of Coca-Cola, which had not yet been enlisted, but he bluntly refused. You gave me my bloody cola, but James is a more delicate man than he seems.

‘Considering that Benz is still young, it doesn’t look bad to take over Benz now.’

When you look at Mercedes-Benz, the shadows of World War II glimmer before your eyes.

However, the heyday of magnifying the heart even just hearing the name of Benz is still far away, and it was not bad to buy it in advance and hold it in my arms when it was cheap.

That’s right, there’s still 20 more years left until the merger between Daimler and Benz, which marks the start of Mercedes-Benz.

‘It wouldn’t be too bad to rip off Germany’s advanced automobile industry facilities at the same time.’

The Ruhr industrial zone, including Dortmund, had already developed into the largest industrial zone in Europe since the 1870s.

By now, the German Empire was already an industrial power, with heavy industry accounting for 36%.

And the steel produced in this way flows to Stuttgart or Munich, which will be responsible for Germany’s automobile industry.

For reference, Hyundai’s automobile companies headquartered in Stuttgart are Mercedes-Benz, Porsche, Bosch, etc.

BMW and MAN are Munich.

‘The US isn’t bad either, but it’s a little bit too much to compete with Germany with technology…’

gulp gulp.

Ker huh.

Coca-Cola is delicious.

Choosing an investment destination is also sweet.

“James, as soon as you get back to your mansion, can you put together a report about the Coca-Cola Company, Mercedes-Benz, and Daimler in a report and put it on my desk?”

“Yeah. That kind of information survey, change comes in in one day.”

“It’s good.”

I burst into laughter at James’ confident promise.

“How long until the mansion?”

“It will arrive soon. It’s located in the same Midtown New York as Waldorf-Astoriana’s mansion. It’s like next door.”

“Ah, Midtown.”

Come to think of it, Midtown in Manhattan, New York was famous for being wealthy.

However, even though it was a mansion in Manhattan, it was a distant story for me as a small citizen, so I felt less emotional.

“Hey, you can see the mansion.”

“……Well?”

James pointed to the mansion with a chin.

As I moved my gaze to the gigantic mansion following James’ chin gesture, my face, which had been dull, slowly turned into astonishment.

hey-

The car entered the slowly opening front door and ran through the garden for a while.

Bourneung.

The ignition shuts off, and James gets out of the car and walks towards me with the sound of shoes.

I looked at the mansion with a blank face.

“$900,000 real estate. Was that a lot of money for the mansion?”

“Not 900,000, but about 600,000.”

“……Shit.”

rumble.

He took James’ hand and got out of the car. As the gate of the mansion opened, my heart began to expand.

“Is this…my mansion?”

“Yes, it is a mansion for the master, both in name and reality. Come in.”

James entered without hesitation with familiar footsteps.

I watched it with round eyes.

‘German style fortress. Oh My God.’

In my heart, I bowed 108 times to the JP Morgan headquarters, and with a reverent heart, I entered the palace like a German fortress.

***

under……

“You see the view of Central Park in Manhattan only after you die.”

Central Park in New York.

In my previous life, I fiercely survived on Wall Street to see this spectacle, but in the end I couldn’t even get to the manja in Manhattan and died.

‘I feel strange.’

moon crack.

I sat on the balcony of my private mansion, looking out over New York’s Central Park, and just grabbed a cup of tea.

This stone mansion was the result of tearing down and reassembling a German mainland fortress, so of course the balcony was also built with stone.

“Central Park in New York welcomed by a German-style fortress. lucky.”

“I… Bocchan, I’m sorry while you’re watching.”

“Well?”

“this.”

James came over to me with a thick paper bag.

I got out of the window and straightened my posture.

“This is an investigation report on the companies you mentioned. I also wrote a summary on the top page, so you can refer to the rest.”

“Thank you.”

palak.

At the top of the summary was the Coca-Cola Company.

This novel was posted at https://readwn.com

On yesterday’s bond list, the short-term bond worth $100,000 was highlighted in red ink.

‘It’s due soon. Coca-Cola bastards will suffer from a lack of funds in earnest.’

It will be advantageous when negotiating.

This novel was posted at https://readwn.com

Originally, if I was a normal upper class person, I wouldn’t even touch junk bonds, but the yangban I possessed is a cola junkie.

I see the benefits

‘Ultra-special drink with a daily consumption of 1.9 billion cups. When it’s still a new company, it wouldn’t hurt to take over it altogether.’

commercial?

My fine tongue can vouch for it. Because right now, my stomach was screaming for me to pour Coke instead of tea leaves.

flap-

Turning the back page, a summary of Benz and Daimler (DMG) appeared.

“Isn’t Benz still a corporation?”

“I also looked into Daimler, but the relationship between the board of directors and the founder is almost like a dog fight in mud. If you take over, I would recommend Benz.”

“…I want to buy Mercedes-Benz and Daimler, change the board of directors, and then do mergers and acquisitions.”

“To do that, we need more liquid funds.”

“I will.”

tuk tuk.

He thought as he tapped his fingers on the oak table.

As a modern person, Mercedes-Benz as I know it was a merger between Daimler and Mercedes-Benz in 1926. It’s a shame that you only bought Benz.

If you’re going to do a merger, you’ll have to buy and merge both.

‘Or do you want to buy both of them with 120 billion won?’

You can build a startup that rivals Hyundai’s top 10 auto groups.

Because I have a road lab in my head that can develop into the world’s largest automobile company by merging subcontractors and creating trust in the automobile industry.

Restructuring and mergers and acquisitions are the specialty of hedge funds.

‘Come to think of it, the end of the 19th century is a time when trust was at its peak in the United States.’

“James. How many companies have disappeared due to mergers and acquisitions this year?”

“As far as I can remember, there are about 69. But the planned M&A alone is over 200.”

“…a lot of it disappears.”

A merger wave that will shake up the American industry soon begins.

In 1899, 1,200 companies disappeared due to mergers and acquisitions, reaching a peak, and from 1900, huge trusts such as US Steel, AT&T, and IMM began to stretch.

There is still some time left.

‘Until 1904, the first wave of mergers in the US industry continued, and indeed, it was a turbulent period in which numerous monopoly trust giants roared.’

trust.

Joint venture in Korean.

It refers to the large monopolies in the United States that ruled from the end of the 19th century to the middle of the 20th century.

You may not be able to sense it.

In that case, look at the US oil refining industry.

Most of those companies were originally one.

standard oil.

Rockefeller’s Petroleum Empire, the most famous trust, once controlled 90% of the oil market.

In the end, it was dismantled by Theodore Roosevelt’s antitrust laws, but as a result of the dissolution, the trust world became rich.

The problem is money.

‘To form a trust, it would require tremendous capital, but 120 billion won’t be able to afford it.’

Daimler and Mercedes-Benz mergers and acquisitions are good.

However, if it is 120 billion won, even if mergers and acquisitions are possible, the remaining funds or liquid funds to operate will be strained.

‘As long as you have Jack Morgan, you should never run out of cash. That’s never going to happen.’

Dollars are my lifeline.

During a succession fight with Jack Morgan, if you don’t always have plenty of cash, you can die for real, not a joke.

socially as well.

physically too.

However, if there is enough time, there are many places where money will come out in the future.

‘The Northern Pacific stock buyback case in 1901, the listing of US Steel, and the rice cake incident of US Steel in 1903 are good opportunities to make money…’

If you have enough time. That is.

***

moon crack.

I put down the cup I was drinking.

“Oh, come to think of it, the Cuban independence movement is in full swing.”

“Since last year, Cuba has been noisy. Recently, the US government is also focusing its mind on Cuba, so the atmosphere in Washington is confused these days.”

“That would be embarrassing. If there is just a cause, there will be a war with Spain.”

“You mean war with Spain?”

James widened his eyes.

I shrugged. Isn’t it already a well-known fact in Washington’s politics that he is not the 25th President of McKinley and that he is an imperialist, stating pacifism and talking about pacifism? His tendencies are conservative, so he can’t start a war right away, but it doesn’t mean he won’t.

What is inevitable is that the United States of today was just getting out of the shadows of recession and panic.

“Are you sure you want to go to war?”

“Yeah, you’ll find out. Would you like to bet?”

“I’m not going to bet because it feels like a war is going to happen.”

“It’s not fun.”

I looked up at James.

I was more concerned about this middle-aged man in a suit right in front of me than the hints of a war going on in Cuba.

‘It is certain that he is my protector and watcher at the same time.’

Perhaps my every move will be monitored and reported to JP Morgan. Because JP Morgan was a sad person when they were obsessed.

‘But if James is my watcher, on the contrary, this is rather an opportunity.’

It’s also a great opportunity.

If James serves as a bridge between JP Morgan and me. It’s like JP Morgan’s hotline. The bigger my weight class gets, the more it means that I can stand out from JP Morgan.

Then you’ll be safe from Jack Morgan. Hopefully it could get a stake in JP Morgan Bank.

‘I survive anyway.’

JP Morgan Bank.

The predecessor of JP Morgan Chase, my previous life, my workplace.

JP Morgan Bank’s method is already too familiar to me, and since I have future knowledge, it is not a position that is so disadvantageous that I can never fall behind Jack Morgan.

‘Should I start a real hedge fund?’

But how?

This novel was posted at https://readwn.com

Of course, there is nothing better than a hedge fund to raise funds, but private equity did not exist in the 19th century, not the 20th century.

Hedging (risk management)?

At this time, the New York Stock Exchange (NYSE) was a party venue for capitalist Satan, dominated by speculators, fraudsters, and stock price manipulators.

‘It is legal to manipulate stock prices in New York Stock Exchange at this time. There’s no such thing as a slap in the face of beasts like this.’

I don’t even dare to participate in the stock market, where monsters like railroad companies shake things up in tens of millions of dollars.

For the time being, the New York stock market is dismissed.

“I’ll have to raise it from the weight class.”

120 billion.

If it is more, it is a lot, if it is less, it is a small amount.

Based on this, you have to build your own empire to survive in these difficult 19th and 20th centuries. For now, is an investment company that picks up undervalued or promising companies in the over-the-counter market is the best?

Fortunately, there are plenty of items for sale.

creak-

He leaned against the back of the chair.

“Then let’s set priorities for investment.”

There are three candidates.

Mercedes-Benz, the military industry for the American-Spanish war, and the Coca-Cola Company.

You have to choose only one.

First, Daimler and Benz were rejected.

There is still a lot of time until 1926, when the two companies merged and expanded in earnest.

The US-Spanish war is on hold.

In order to see the war special, you have to have the military industry, but the military industry and heavy industry are hippos that eat up capital.

It’s also a blood-splattering arena already dominated by giants in the first place.

‘Then there is only one answer.’

CashCow.

crumble.

After rummaging through the paperwork, he pulled out a bundle of short-term bonds worth $100,000.

“James, do you know what I fear most in a rapidly expanding startup?”

“Cash flow.”

“It’s similar. But it’s a little different.”

+

Coca-Cola

10,000 $ bond

+

I waved the bundle of bonds.

The answer lies in Coca-Cola.

“They fear bankruptcy.”

***

Late 1897, Atlanta, Georgia.

The headquarters of the Coca-Cola Company.

“Bottling. It’s bottling.”

Arthur Candler, founder of The Coca-Cola Company, picked up a piece of stationery on the table.

A proposal for a bottling business.

Proposals have been pouring in from those who have already recognized the possibility before handing over the bottling business in Mississippi to Bidenhan.

“Called by Joseph B. Whitehead and Benjamin F. Thomas, both lawyers.”

bottling business.

I don’t think the idea of bottling the Coca-Cola undiluted solution provided by the head office into glass bottles is bad in itself by establishing a factory in each state and distributing it to each state. Because it is easy to store, it is also easy to preserve, and above all, it is easier to distribute.

However, the problem is the stability of the bottling business.

Can the company be profitable enough to keep it running?

“Afterwards, the funds are drying up for the rapid expansion, but the expenses to be spent are piled up like a mountain.”

Candler rubbed his brow.

However, no matter how much you think about the bottling business, it was impossible to control the Coca-Cola Company headquarters.

If you make a mistake, you will go bankrupt.

“Always his dollar. The dollar is the problem.”

smart

The secretary with a small notepad hurriedly opened the door and entered.

Candler quickly put the stationery into the chest of drawers.

“What’s going on?”

“I just got a call from a man in the office saying that he is making an investment proposal, will you reject it?”

As the secretary asked cautiously, Candler waved his hand sarcastically.

“Reject it. An idiot who wants to put a spoonful on the success of Bonama or Coca-Cola.”

Stop.

In an instant, bottling and dollars flashed through Candler’s mind. Candler groaned and rubbed his forehead.

Bonds will also expire soon, so funds are needed.

‘…Let’s hear the investor’s name first.’

“Wait, what is your investor name? Hopefully it’s not the bank or the scammers.”

“I’m that…”

The secretary pursed her lips and broke into a cold sweat.

It was then that Candler realized that things were going strangely. He slowly put his hand on his chin and pulled his upper body up.

“Why, is there something wrong with the investor name?”

“……!”

The secretary’s eyes trembled relentlessly at Candler’s interrogation.

The secretary placed a small note on Candler’s desk with a trembling hand.

“…J, JP Morgan Bank has contacted you.”

“Morgan? That JP Morgan I know?”

ah please

Candler rubbed his ears and asked, as if he had heard something wrong, but the secretary nodded heavily.

“Yes.”

“……”

Candler quickly picked up the note on the table and read it.

As his gaze went down, his hands began to tremble, and with his eyes wide open, Candler dropped the pen he was holding.

tuk.

“……Oh f*ck.”

No matter how you read it, the investment proposal really came from JP Morgan Bank.

＜ Detroit D. Morgan. (2) > end