Kai, the president of Ascendas Investment.
Jasper did find this person slightly familiar.
From what Jasper remembered, he was a kind man who always smiled when he talked.
Jasper did not ask too much, for there were some things better said in person than on the phone. As such, he directly accepted the suggestion.
After eating with his aunt’s family for a moment, Jasper then got up and excused himself.
Everyone understood that he was busy, so they let him leave.
Exiting the private room, Jasper followed the directions John sent him and arrived at a small private room upstairs.
Thick smoke was seen in the air of the small private room, and John could be seen drinking with Kai.
The scent of cigarette smoke and alcohol was heavy in the air. Jasper waved his hand before his face and spoke, “Are you guys trying to ascend to heaven?”
Seeing Jasper, Kai immediately shot up before John could say anything and greeted him carefully, “Mister… Mr. Laine, it’s nice to see you.”
Kai and Jasper were not close. If anything, they were acquaintances who had only met once before.
Jasper had a good impression of Kai for he and John had taken the risk of offending someone and stood up for him in Royce Villa.
Had it not been for that, Jasper would not be here today.
Looking at Kai’s cautious behavior, Jasper knew that John must have said something before he came over. Disagreeing, Jasper smiled to say, “Relax, we’re all friends.”
Jasper then walked over to the table and sat down.
Kai immediately called a waiter over.
“Give us an extra set of cutleries and bring over your best dishes. Have your manager arrange everything. I have an important guest with me, so do your best.”
Jasper looked at John with a subtle smile at Kai’s arrangement and spoke, “You don’t have to be so polite. I already ate downstairs.”
John knew that Jasper had seen through him, so he went straight to the point instead of hiding from him though he was a little embarrassed. “Basically, Kai’s investment company lost a lot in the stock market last month, Jasper.
“You know how it is with investments. Most companies tend to take the clients’ money and put them in riskier shares. If they earn, fine. But if they lose, then the clients riot.
“Kai lost more than six million, four million of which are his clients’ money. It should’ve been fine, but a large client suddenly wants to take their money back. They promised to put the money there for a year but the client now wants it back next week. This puts Kai in a lot of trouble.”
Kai looked remorseful and regretful as John described his situation. He sighed, saying, “It’s all my fault for being so greedy. I was making profits in the beginning, but I thought that I could earn another five points, so I wasn’t willing to take them out.
“Who would’ve thought that a few of them started dropping to limit downs in the end? I couldn’t even pull out if I wanted to, and by the time I sold all my stocks, I’d already lost my capital’s worth as well.”
Jasper frowned. “That’s just how investing in stock markets works. A slight mistake and you end up sucked dry.
“The problem isn’t that you’re greedy. You wouldn’t have dared to invest in high-risk stocks if you were greedy, would you? You wouldn’t make a loss if you had invested in something else.
“The problem here lies in the mind and the pattern of the stocks. You should know when to pull out and when to invest. If you get to the predetermined point, you should know to cash out and leave regardless of whether you earned a profit or a loss.”
Jasper’s nickname as the stock god back then was still a myth spread at the provincial capital. The man had now grown to be so much more and surpassed the person he used to be.
From John, Kai had found out that Jasper’s net worth was now in the billions. He was of a much more sophisticated level than the two of them.
Therefore, Kai did not feel upset by Jasper’s words and merely sighed again.
