Victory in Life
Chapter 533
Kai, president of Ascendas Investment.
Jasper did feel this person was a bit familiar.
From what Jasper remembered, he was a kind man who always smiled when talking.
Jasper did not ask too much, as there were some things better said in person than over the phone, therefore, he immediately accepted the suggestion.
After eating with his aunt's family for a moment, Jasper then got up and said goodbye.
Everyone understood that he was busy, so they let him go.
Out of the private room, Jasper followed the instructions John had sent him and arrived at a small private room upstairs.
Thick smoke was seen in the air of the small private room, and John was seen drinking with Kai.
The smell of cigarette smoke and alcohol was stinging in the air, Jasper waved his hand in front of his face and spoke, "Are you guys trying to ascend to heaven?"
Seeing Jasper, Kai immediately stood up before John could say anything and greeted him carefully, "Master... Mr. Laine, nice to meet you."
Kai and Jasper are not close, if anything, they are acquaintances who have only met once before.
Jasper has a good impression of Kai because he and John have taken the risk of offending someone and defending him at Royce Villa.
If it wasn't for that, Jasper wouldn't be here today.
Seeing Kai's cautious behavior, Jasper knew that John must have said something before he came, Jasper smiled to say, "Relax, we're all friends."
Jasper then walked to the table and sat down.
"Give us an extra set of cutlery and bring your best dishes, have your manager arrange everything, I have important guests, so do your best."
Jasper looked at John with a faint smile at Kai's arrangements and spoke, "You don't have to be so polite, I've eaten downstairs."
John knew that Jasper had figured it out, so he went straight to the heart of the matter rather than hiding from her even though he was a little embarrassed, "Basically, Kai's investment company lost big on the stock market last month, Jasper."
"You know how about investing, most companies tend to take clients' money and put their money in riskier stocks, if it makes, fine but if it loses, it's bad."
"Our loss of more than six million, four million of which was the money of his clients, should have been fine, but big clients suddenly wanted to take their money back, he said, they promise to put money there for a year but the client now wants it back next week, this puts Kai in a lot of trouble."
Kai looked regretful as John described the situation, he sighed, saying, "It's all my fault for being so greedy, I made a profit at first, but I thought I could get another five points, so I don't want to get it out."
"Who would have thought some stocks started to fall to the end of the line? I can't even pull out if I want to, and by the time I sell all my shares, I've lost my capital value, too."
Jasper frowned. "That's how investing works in the stock market, a small mistake and you end up getting sucked dry."
"The problem isn't that you're greedy, you wouldn't dare invest in high-risk stocks if you were greedy, would you? you have nothing to lose by investing in anything else."
"The problem here lies in the mind and pattern of the stock, you have to know when to withdraw and when to invest, if you reach a predetermined point, you have to know when to withdraw, you should know to cash in and leave regardless of whether you make a profit or a loss."
Jasper's nickname as the god of stocks was still a myth spread in the provincial capital, the man has now grown to be far more and beyond the man he once was.
From John, Kai learns that Jasper's net worth is now in the billions, he has a much more sophisticated level than the two of them.
Therefore, Kai did not feel annoyed by Jasper's words and only sighed again.