Chapter 29
Chapter 29
Hyunjoo noona looked at me and asked.
“Do you know how reckless this investment was?”
I bowed my head as a high school student who was scolded by my homeroom teacher.
“I don’t know why I was so convinced, but it was too risky.”
“Yes. I know.”
Thinking back on it, it is foolish to believe in Yeji and to spend the entire amount of money invested in a product with a set expiration date.
Even if it is certain that it will be discontinued, if it does not meet the timing, it will be a bummer.
I wouldn’t have been able to do it if I had asked the Seonmudang to catch people, if I had known a little more about derivatives.
What would have happened if the decision of discontinuation had not been made at the executive meeting that day?
If the end of the war had been delayed by just a few days, we would have spent 10 billion won and went to the Han River.
Even now, when I think of that, I get up from sleep and pray for Vice Chairman Im Jin-yong, who made a big decision. (Only in my heart)
Perhaps there was a light of reflection, Hyunjoo noona said in a slightly softened voice.
“Still, the results are high. Is it true that you made 672 billion won by investing 13 billion won? It will be difficult for anyone to achieve such an achievement in such a short period of time. I think it’s great in that way.”
Finance prioritizes outcomes over processes.
Just as if you go to Moro, you only have to go to Seoul, you just have to make money at any cost within the legal limits. If it gets worse, you will be scorned as a speculative force.
Hyunjoo noona looked at me and asked.
“Taek-gyu, by the way, why are you investing in Jin-hoo?”
It didn’t start with a specific goal, and it’s still the same now. Of course, the more money you have, the better. In a capitalist society, material abundance is no less than happiness.
From the first investment, he made an unimaginable amount of money.
Even with the money I have now, I can’t spend it all my life. What’s the point of making more money here?
But.
I have the capital and I have the skills.
Do I have to be satisfied with just this level in the situation where the plate is laid?
I don’t know why I have this ability. As Taek-gyu said, it could be that his original superpower had awakened, or it could have been that the universe helped him even though he didn’t really want it.
Anyway, it was hard to live a normal life like before.
I remember the great investors who beat the market. Peter Lynch, Benjamin Graham, John Templeton, Carl Icahn, Warren Boat and more.
They won the market with their own investment technique and became a legend.
I don’t have the same investment technique as them, but instead I have foresight.
In a broad sense, foresight is also one of the investment techniques. Sense and luck are factors that cannot be ignored in investing.
“I feel confident.”
“What are you sure?”
“I am convinced that this is the best thing I can do.”
Hyunjoo noona smiled as if she liked the answer.
“The financial world is not as easy as you think. It is a place where all kinds of masters and scammers abound. I’ve been working here for nearly 10 years, but I’m still learning the market. If possible, I’d like to stop jumping on this floor…”
Investing is always accompanied by risk. If you don’t like it, you can just deposit it in a bank and earn interest.
What will we face in the future?
Just then, Taek-gyu opened the door and entered the yard. Hyun-joo’s older sister looked at it through the window of her living room.
Her eyes are genuinely worried about her younger brother.
“I know what your sister is worried about,” she said. No matter what happens, there will be no harm to Taek-gyu.”
Hyunjoo noona said in her small voice as if muttering.
“I’m glad to have you by my side.”
Taek-gyu, who opened the front door and entered the living room, grumbled, handed the cigarette and card to Hyun-joo’s sister.
“Don’t let your brother run an errand for cigarettes. Her mom tells her to quit.”
“When the time comes, she’s going to quit. Rather, she had something she wanted to say before.”
Hyunjoo noona said as she pulled out her cigarette.
“Are you thinking of changing your name? OTK Company’s pronunciation is a little…”
Unlike me, who sympathized, Taek-gyu asked as if he did not understand.
“What about OTK Company?”
Because if you pronounce it wrong, you become an otaku company.
However, Taek-gyu Oh was the first to establish the company. After all, many companies are named after the founder.
McDonald’s was founded by McDonald’s, JP Morgan by John Pierpont Morgan, and Moody’s by John Moody.
On the other hand, if there are two or more partners, they often share their names.
HP was founded by Hewlett and Packard, Baskin and Robbins was founded by Baskin and Robbins, and Rolls-Royce was founded by Rolls and Royce, so that’s the mission.
We can also change OTK Company to OTKJH Company or O&K Company, but…
I remembered Yeji I saw on a drunken night.
Did I say I’m going to be the CEO of OTK Company?
There would be no need to change the name and make it erroneous.
“We respect the founder’s opinion and move on like this.”
Hyunjoo noona nodded her head as if she couldn’t help it.
“What are your plans for the future?”
“After that, I kept thinking about it…”
I talked about making OTK Company a holding company by taking over a stake in a company and establishing an investment company in Korea.
What do financial experts think of this plan?
“How do you feel about your sister?”
Fortunately, Hyunjoo noona nodded her head.
“It’s okay. It will be a matter of which company to choose and how to acquire it.”
“That part is a concern.”
“No rush. There are plenty of opportunities. If you need any material, let me know.”
“Yes.”
Taegyu said.
“When we’re done talking, let’s go eat. You haven’t eaten yet, have you?”
Hyunjoo’s older sister shook her head.
“I want to, but I have to go back to Hong Kong right away. It’s a two o’clock flight, so I need to get up soon.”
It seems that because of his younger brother, he threw everything away and rushed to Korea. Doesn’t this kid know that his sister cares so much?
Hyun-joo’s older sister called a taxi in front of her house.
We went out to see off in front of the house.
“Goodbye, sister.”
“Go carefully.”
Before getting into her taxi, Hyunjoo noona reached out to me.
“Good luck in the future. OTK Company CEO Kang Jin-hoo.”
I smiled and grabbed her hand.
“Please take care of me too, sister.”
* * *
As before, it was submitted with an electronic signature on the corporate equity change document.
“If it’s 3 percent, you can give it from my share.”
Taek-gyu shook his head at my words.
“Because she’s my older sister, it’s right to take it off my stake. I like that the majority shareholder’s stake is 80%. what was that There is such a thing as the 80/20 rule.”
“Pareto’s Law?”
It is a term often used in business administration.
But why is it here? I’m not saying you have to own 80% of the shares and only do 20% of the work.
“Anyway, my sister is resolved now, and what’s next?”
“We need to find someone to take over the investment company.”
I need someone who can move me like a limb according to my plan. It would be nice to be someone who has the skills and can be trusted.
As there is no special connection in the financial world, I have already talked to Hyun-joo’s sister. They also asked for data related to recent market trends.
The email arrived a day before. The sender was Golden Gate, and the sender was Hyunjoo’s sister.
[I selected and attached only useful materials from what we talked about. Please read it and tell me if you need any material.]Three PDF files were attached to the email. It seems that only the important things were sorted out and sent.
“Oh oh!”
It’s nice to have someone I know at Global IB.
I printed the material with a printer. I didn’t know it when I saw it as a file, but seeing it printed on A4 paper, it’s quite large.
I was lying on the sofa in the living room and reading hard, when Taek-gyu came down from the second floor.
“What is it?”
“Data sent by Hyunjoo noona.”
“What material?”
“Golden Gate internal report. It is a high-level information that cannot be easily accessed unless you are a person concerned.”
Taehyung narrowed his eyes.
“Can I steal inside data? Wouldn’t it be a problem if I caught it?”
I said shaking the material.
“Don’t worry. I didn’t get it secretly, because I got it officially. Did you forget that we are the main customers of Golden Gate?”
OTK Company uses Golden Gate as a corporate account. And a whopping 672 billion won is deposited in that account.
As a top-level customer, you can request and receive a variety of information.
After hearing the explanation, Taek-gyu nodded his head.
“I’ll see you too.”
I held out the bundle of papers I was holding. Taek-gyu glanced at it for a moment, then handed it to me again.
“There is no content. Just look at you.”
Naturally, as the material was written at Golden Gate, it was all in English. By the way, his English skills are just enough to use when playing games.
Taek-gyu asked curiously.
“Can you read everything written there?”
“no.”
I was not born in a foreign country, nor did I have any experience studying abroad. However, since I studied hard for the SAT and TOEIC test, I can read and speak in moderation.
“So you’re just reading.”
“What if you come across a word you don’t know?”
“Skip it or look for it on your phone.”
Among the jargon used in financial companies, there are many words that even Americans do not know. More important than that are numbers and graphs.(Read more @ wuxiax.com)
“What is the content?”
“It’s about the recent market trends, and it’s mainly about the 4th industrial revolution.”
“What is it? I hear it sometimes, but I don’t know what it is.”
“It means moving beyond the digital society to an era of automation where everything is connected with the development of robot technology and artificial intelligence.”
Taehyung tilted his head.
“I don’t quite understand.”
“Huh. Me too.”
The fourth industrial revolution is currently underway across industries. It is difficult to give a clear definition as this is just the beginning stage.
In line with the reorganization of the industry, money is also moving rapidly.
Just as water flows to a lower place, money flows to a place where there is a profit.
Reading the data, it seems that Golden Gate is responding in one way or another, but it is questionable whether Korean IBs are doing well.
Doesn’t it mean that the ants aren’t paying attention to biting money on their noses?
I read the material meticulously for hours in that state. I had a headache because I was concentrating, and I felt like I was thinking of something.
Is it your mood?
I think I’ll see it in a little while…
Tirling!
At that moment, the phone rang.
Looking at the screen, it was Sangyeop senior.
“Ah!”
In the meantime, I just thought that I should contact you, and forgot about it because of this and that. I received a lot of help last time, but I couldn’t even thank you properly.
I got a call.
“Hello.”
[Oh, Jinhoo. I sent you a text message a few days ago, did you not see it?]“I’m out of my mind these days. How are you?”
[Haha, it’s always me. Can you see me if I’m not busy? How about tonight?]All important things have been done.
“good. What time are you comfortable?”
[Where are you now?]“This is Gangnam. I’m at a friend’s house.”
[A friend who came with you back then?]“Yes.”
[Then I’ll go there, see you around 7pm. Come out with a friend. I got it last time, so I’ll shoot it this time.]“Okay, senpai.”
