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Chapter 9 - Chapter 9: Mountains of Corpses, Stocks in Freefall

📰 Breaking News Mountains of corpses are piling up, and stocks are plummeting into the abyss. 💬 Comments — Anonymous Japan took the hit, so why are Korean stocks dropping? Shouldn't we see reflected profits? Is this a fakeout to shear the retail investors...? — Reply Korea probably got hit too. — Reply It's not pretending to drop—it's dropping for real. Rest easy~ — Reply Who'd ride the deathmobile, you bastard lololololol — Reply They tripped over the Korea-US FTA too. The president's insane.

It's impossible not to have doubts.

How did a market overflowing with joy turn into a mountainous hell in an instant?

[Mirae Car Target Price] "2017: The Year of Reversal!" – 210,000 won "A Small Signal Hinting at Big Changes" – 190,000 won "Target Price Raised! The Turnaround Has Begun" – 220,000 won

The experts clearly shouted "long"!

I thought it might not rise, but at least it wouldn't drop.

— Anonymous Analysts' average target: 200,000 won... YouTube experts said you'd regret not getting in now. So why is it dropping? — Reply Mokpo stock lolololol — Reply Go to Mokpo instead of the Han River. — Reply Not experts—scammers. — Reply Young people aren't buying Mirae Car these days. Bad mileage~

Hindsight bias makes it easy to explain after the fact.

But it offers no comfort to those already trapped.

Stocks.

We're not talking pocket change.

Hundreds of millions for some, billions for others.

Plenty have thrown in their life savings.

The shareholders are wailing in despair.

— Anonymous Not an analyst, but there's one professor who predicted the drop. [Korea University Chest Girl Video.avi] The prof in the video nailed the Japan car sanctions too! — Reply Calling a young punk "professor" lol — OP Reply If you're good at stocks, you're a professor. Does pride pay the bills? — Reply Does he know when it'll go up then?? — Reply I thought the water rocket guy was just rude...

A situation devoid of hope.

They'll grasp at any straw.

Stocks are bought on the hope of the future.

Without hope, you can't buy—or hold.

What if it drops more?

They need hope.

Someone to believe in.

One student who knew the future emerges as a savior.

────────────

⭐ Top Comment — Seojun Kim 3 days ago 乃 1204 I didn't realize who you were, sir ㅠ Now I get why Mirae Car tanked so hard. "Experts" are wrong every damn day, but you've already grasped the ways of the world at such a young age. They say learning knows no age or class. From now on, I'll listen closely to your advice and adapt to changes. — Kraplas 3 days ago 乃 691 Chills!! Not arrogance—conviction. Even professors can't teach wrong stuff ㄷㄷ — Autumn Breeze 3 days ago 乃 892 Listen to that bitch clap back sharp. Big-titted girls are always dumb and slow. ◇◇◇◆◇◇◇

The process of creating devotees.

◇◇◇◆◇◇◇

Recent daily life.

Nothing much changed.

"No, Professor, that's not realistic at all."

Me? Well,

If anything's changed, it's always

"No way?"

"That's gotta be that senior!"

"The one who turned the professor into a water rocket..."

The way the world looks at me.

These are people who used to side with the majority.

'There's no majority vote in stocks.'

Lots of support doesn't make it right, nor does opposition make it wrong.

But if someone always points the way correctly...

"Yes."

"Analyzing stocks by valuing a company solely on financial statements is too simplistic."

It's bound to bring fame.

The one way to make a name in economics.

'Wasn't planning on it, though.'

But that's how it happened.

I could sit quietly through professors' lectures.

I don't want to nitpick everything.

Still, the knee-jerk reaction happens because

"An Economics professor should nail that much."

They underestimate economics too much.

An Economics prof doesn't need to be good at stocks?

'Does that even make sense?'

They blame the world for their failures.

Arrogant mindset, no will to strive.

"If you're right, Professor."

"That it's useless in practice, why should we learn it?"

<...>

They preach effort to the young, but don't practice it themselves?

Why listen to a prof admit incompetence from their own mouth?

'Is there a law that theory geniuses don't need stocks?'

Theory alone can yield profits.

Low risk, low return.

Swing trading based on economic cycles.

Takes time, modest gains, but reliable.

At their age, no "no time" excuse.

Words spilled in frustration.

The classroom should explode instantly.

Just recently, glares and criticism poured in.

"He's revving up!"

"Gonna do it?"

"Is he launching it? That thing!?"

Now it's flipped 180 degrees.

His Korea auto stock prediction hit spot-on, earning reevaluation online and in the department.

'This is getting annoying.'

New life started.

Tried to live leisurely, but already tangled in incidents.

And something's become a catchphrase.

They're expecting it.

Do it, and college life gets messy.

"Water rocket whiiiish~!"

Screw it.

◇◇◇◆◇◇◇

Korea University.

One of Korea's top prestigious schools has become the site of an unseemly incident lately.

📰 YouTube "IssueKing. Korea Uni Water Rocket Professor lol" – 1.2M views · 1 month ago "TV Retard. Understand Water Rocket Theory in 1 Min" – 500K views · 1 week ago "Villain Pickled. Korea Uni Villain: 12 Facts You Didn't Know" – 100K views · 5 days ago

Due to one student's outrageous behavior.

YouTube's full of worldly incidents, so not rare.

The target was a professor.

Student pointing out the prof's lack of qualifications.

Does that make sense?

Professors are elite among elites, more than the prestige uni student.

<...>

Mute as a drowned mouse.

Becomes speechless at the student's logical rebuttal.

Face flushed with rage.

The professor glances around the class,

『Lecture canceled due to personal reasons』

Flees the room.

Admitting clear defeat.

'Ah...'

The prof's feelings in the video.

I know them well.

Choi Myeong-cheol checks the comments bitterly.

────────────

— Kwon Se-hyun 2 days ago 乃 800 If studying like the prof still doesn't work, why learn economics? lololol — Starry Night Sky 2 days ago 乃 519 Threw a primal question. If you study economics but can't understand the economy, what's the point? — Uhuru Kkukuru Hu 1 day ago 乃 273 Hard to even voice that thought... Water rocket theory wasn't a fluke—it was conviction.

Criticism of the professor.

The video shows him as the loser, factually.

The winner, conversely.

The student raises his fist high.

Cheers erupt like fireworks.

Classmates celebrate the guy's victory.

Uncomfortable position.

'The kid's rude, sure...'

There are two videos.

The origin of the water rocket theory spread.

Part 1's protagonist was himself.

Choi Myeong-cheol, Korea University Economics professor.

'Not wrong, technically.'

Didn't think much at the time.

Occasional encounters in prof life.

Obnoxious students.

Overconfident, trying to best the prof.

Guiding them is part of the job.

Thought time would fix it.

📉 STOCK CRASH 📉

『Mirae Car』

141,500 ▼1,500 (−1.08%)

[Graph of total wipeout.jpg]

The one needing fixing wasn't him.

The domestic auto export stocks from lecture.

'...'

His own holdings.

Choi Myeong-cheol bought Mirae Car stock recently.

Rumors online.

Debate among economists too.

A complex.

Know economics well, but can't apply in practice?

He'd failed once before.

Stock bought after long analysis.

📰 News Headlines Korea Today – "US Subprime Mortgage Chain Defaults Loom... Financial Crisis Fear" Global News – "Worst Ever NY Stock Crash... Wall Street in Shock" Weekly Economy – "'Can't Trust Anyone' Wall Street Chaos... Global Markets Plunge"

Subprime mortgage crisis.

Biggest financial crisis since WW2 end, stocks crashed.

Luckily escaped at -30%.

Pierced the global crisis as economist.

"Told you not to trade stocks or you'll ruin the family!!"

Couldn't dodge wife's smackdown.

Hasn't mentioned stocks since.

'This time it was a sure thing.'

Dreamed of glorious comeback.

Not greed—for pride as prof before students.

Economics profs should know stocks.

Agrees with public opinion.

Reason for restocking after 10 years.

Excited to brag after a win.

"...which is why Korean auto stocks are doomed to get wrecked."

Felt like hammered on head.

No, how's there such a student?

Kept composure in lecture.

But honestly furious.

He's a professor.

Lived many times longer.

Dedicated life to economics!

A newbie student criticizing.

Spouting water rocket nonsense.

'...'

Turned out right.

After deep thought at home, no rebuttal.

Why he sold Mirae Car.

Best decision of his life.

Gulp!

If not sold?

-20% hit, wife's smack harder.

"Trade again. Try it. Want me dead!!"

Every curse imaginable.

Couldn't breathe at home, let alone stocks.

Hard life ahead.

Retirement funds touched—lifetime repercussions.

'Whew...'

A sigh of relief well-deserved.

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