[Book Sip] The Mechanism That 'Never Loses Money'... 'God of Investment'

Some sentences encapsulate the entire content of the book itself, while others instantly resonate with the reader’s heart, creating a connection with the book. We present meaningful sentences excerpted from the book. - Editor’s note

The author’s autobiographical story, who learned the truth about money through real gambling and invested using stocks, real estate, and dollars as means, stepping into a broader world through the ‘Dollar Rich App,’ is blended with fictional characters and events to create a novel. The story follows a taxi driver protagonist who realizes that gambling, once thought to be purely a matter of luck, can also be influenced by skill, and applies a mechanism of ‘never losing money’ to various investment methods, transforming into a billionaire. Currently, a drama adaptation is under discussion.

“Compound interest is a word combining ‘bok’ meaning ‘repeated’ and ‘ri’ meaning ‘interest.’ It literally means interest on interest. As my mentor said, if the money I can bring to the gambling table is only one-hundredth of my total assets, the amount I can bet would be just the green chip worth 1,000 won. But as profit keeps adding to profit, the amount I can bet will gradually increase. That’s why seed money is important. If you have the skill to bet 1,000 won once and win 100,000 won, then betting 10,000 won can win you 1,000,000 won. However, if I bet more than 1,000 won with my seed money, my mental state would collapse, and I wouldn’t be able to perform the same skill. So there is only one way: increase the seed money.”

/ 16_ The size of 10 million won 101~10pp.

“If you bet on the rise of apartment prices but the prices fall, you might naturally think you would incur a loss, but in reality, that’s not the case. Although it is a loss situation due to a decline in appraisal value, if you don’t sell the apartment, the loss is not actually realized. Just because the apartment price drops doesn’t mean part of the apartment disappears or someone immediately takes your money. So, the authority to confirm the loss still lies with me. On the other hand, if you make a wrong choice in gambling, the dealer who holds the authority to confirm the loss finalizes the loss regardless of your will, and the game simply ends there. In investment, even if you make a wrong choice, the authority to confirm the loss still belongs to you, so as long as you don’t actually realize the loss, you can continue investing. But gambling doesn’t allow that.”

/ 39 Never lose under any circumstances 222p.

The won-dollar exchange rate, unlike real estate prices or stock prices, did not continuously rise but moved within a large box range. Therefore, when the exchange rate rose and dollars were sold until the dollar cash ran out, the exchange rate would fall again, creating an opportunity to sell the increased won and buy dollars again. Like a seesaw, whether the exchange rate goes up or down, it was a fascinating structure where cash increased at any moment. Hanseo, who had formed assets of 7 billion won but could not find leisure, seemed to be able to gain it simply by building a dollar investment system that looked very simple.

/ 41 Seesaw game 237p.

The God of Investment | Written by Park Seonghyun | RHKorea | 296 pages | 15,500 won