He is Already a Tycoon at a Young Age! - Chapter 75



Only Krnovel

#075

GL Securities President’s Office.

I came to the GL Securities president’s office under the guidance of Executive Director Moon Dae-ho.

“You look younger than I thought.”

As expected, instead of the GL Securities president, Vice Chairman Koo Seong-mo, who must defeat the Samjung Group at least once, was waiting.

“I don’t think that’s something you should be saying.”

right.

Even though Vice Chairman Koo Seong-mo became Vice Chairman of GL Group quickly, he is older than me, who is not even an adult yet.

“That may be true.”

“You must have thought that Executive Director Moon Dae-ho was an honest and truthful financier, right?”

“I guess that’s what you knew when you scouted me.”

It was Vice President Koo Seong-mo who guessed what I was thinking.

He also felt that he had recognized the sincerity of Executive Director Moon Dae-ho and had made him his own man.

“I think you would do the same as me.”

“It seems like the Vice President thinks of me as being of the same class as you.”

“Doesn’t the word ‘class’ sound a bit vulgar? In this case, we say ‘they are of the same class’.”

Vice President Koo Seong-mo was secretly looking at me. But it wasn’t like he was looking down on me.

A translucent phrase continues to appear above Vice President Koo’s head.

‘Among the group presidents or vice presidents, a person whose ability is marked as SS level.’

I’ve only seen one person so far, and that’s my grandfather, the chairman of Samjeong Group.

By the way, the vice chairman of GL Group also had an SS-level mark.

‘Management skills are SS level.’

Moreover, the impression I got was frowned upon by the content recorded in the special notes.

【Special Note – Multiple Incarnations, Slaves of Capital】

[We say that in times like this, the outcome is the same.]

And what Vice President Koo Seong-mo said to me a little while ago lingers in my head.

‘The result is the same.’

When I look in the mirror, I don’t see anything about myself.

‘If you fail to control capital.’

I would be no different from a slave to capital.

“Is that so? Everyone is surprised that I am the head of Pacific Investment Finance, but Vice Chairman Koo Seong-mo doesn’t seem that surprised.”

“Why should you be surprised? He’s just doing what he can. But usually, young geniuses try to look ordinary, but that’s not the case with you. Maybe you want to get attention.”

“Me?”

“Don’t you think so?”

“well.”

“I don’t know myself the least in the world. My private life has become long. Do I really need to sign up for that derivative product?”

“I thought you had already approved it over the phone, didn’t you?”

The war of nerves continues for quite some time.

“Executive Director Moon Dae-ho must have tried to stop it, but I instructed him not to.”

“You know Executive Director Moon Dae-ho well.”

“To put it simply, Executive Director Moon Dae-ho is like Son Oh-gong. He is that capable.”

Sun Wukong on Buddha’s palm.

Speaking like that when Executive Director Moon Dae-ho is in front of you means that you believe that you have complete control over and understanding of Executive Director Moon Dae-ho.

“Then I guess Vice President Guseongmo thinks of himself as Buddha.”

“It’s comfortable to talk to each other.”

“I think so too. At first, Executive Director Moon Dae-ho tried to discourage it. He said it was a derivative product that would never be a successful investment.”

“You reported that to me too. But since you insist on investing, there’s no reason for the brokerage firm to refuse.”

“Then it’s fortunate for me.”

“I wonder if that’s a good thing? Surely you wouldn’t later raise the moral issue of signing a contract knowing that it was a derivative product that would not succeed?”

People who bring up moral issues are often more immoral to begin with.

“I’ve been called an investment genius. I’ve made some pretty aggressive and bold investments and have mostly succeeded. Sometimes I’ve even made moves with the intention of failing to maximize my profits.”

At my words, Vice Chairman Koo Seong-mo frowned for a split second.

“Are you saying that you also led the short selling of Jin Kyung Group?”

“It was me. It was me that was able to do it.”

Executive Director Moon Dae-ho, who was listening to the conversation between me and Vice Chairman Koo Seong-mo, looked dumbfounded.

‘The person listening is unlucky.’

It would be unlucky for a genius to hear a conversation between a genius and someone pretending to be a genius.

“Everything is good, but there is also Samjeong Securities there. Why did you come to GL Securities, which is no different from enemy territory? What is the young genius after?”

“That’s something the Vice Chairman should figure out. More importantly, to become the Chairman of GL Group, you have to defeat Samjung Group at least once, right?”

“You’re not trying to shake up the GL Group like the Jinkyung Group with the toxic clauses specified in the derivatives you handed over?”

“If I shake it, will the GL Group shake?”

At my words, Vice Chairman of GL Group, Koo Seong-mo, smiled with a look that said, ‘Look at this guy!’

“Executive Director Moon Dae-ho.”

“Yes, Vice President.”

“I ask again. What conditions must occur for the derivative product requested by GL Securities VIP clients to be successful in investment?”

In response to the question from Vice Chairman of the GL Group, Moon Dae-ho, Executive Director, looked at me for a moment and then looked at Vice Chairman Koo Seong-mo again.

“If the Korea Composite Stock Price Index falls below 400 points, investors can receive 20 times the expected return on their investment. However, for that to happen, Korea would have to go into national bankruptcy. And that will never happen.”

“Why are you so sure?”

“Since the founding of the Republic of Korea, there have been numerous economic crises. Many economic experts predicted that the Korean economy would collapse and face national bankruptcy during the first and second oil crises. However, the Korean economy is still strong. Of course, the economic crisis that occurred in Southeast Asia will have a significant impact on the Korean economy. However, it will not lead to national bankruptcy.”

“all right.”

“VIP customer, you are an economic expert and a derivatives expert, right?”

“Are you going to sign the contract? Or not? No, are you trying to make a case for GL Securities to invest directly here? If you’re determined to just collect commissions, then this place is meaningless.”

“GL Securities is making a direct investment against the stock?”

“That may or may not be the case. I think Vice Chairman Koo Seong-mo needs a lot of funds because of his handicap. Isn’t this a good opportunity?”

“handicap?”

I intentionally provoked Vice President Guseongmo.

“If that had been a handicap, I wouldn’t be here. Executive Director Moon Dae-ho.”

“Yes, Vice President.”

“The private message was quite long. I will enter into a derivatives contract as requested by the VIP customer.”

This was originally supposed to be the case.

Because there is absolutely no reason for GL Securities to reject it.

‘So in the end, you’re just trying to get rid of me.’

Vice Chairman Koo Seong-mo clearly recognized the enemy he was dealing with.

“Vice Chairman, this is a derivatives contract that can never succeed.”

“So, I. GL Securities. have no reason to refuse.”

“What I want to talk about is not a moral issue, but a reading clause written in the special contract. If the product is successful, GL Group will be responsible for up to 2 trillion won.”

“That’s a contradiction. Are you saying that a derivative product can never succeed, but if it does succeed, you’ll have to take on enormous responsibility?”

“I believe that financial professionals should prioritize stable management over challenging investments.”

“Of course, because they don’t have the authority to take responsibility. Like him or me, right?”

Vice Chairman Koo Seong-mo spoke to Executive Director Moon Dae-ho and asked for my consent.

“Vice President, I’m a little busy.”

“Hahaha, I’m busy too. So I’d like you to revise the toxicity clause fairly.”

Amendment of the toxicity clause?

If you were going to fix that, as Vice Chairman Koo Seong-mo said, there is no need for me to come to GL Securities. If you want to collect commissions, you can do it at Samjeong Securities, not GL Securities.

“A toxic clause amendment?”

“If an investor invests in a derivative product and the investment is successful, GL Securities and GL Group guarantee the full amount of the return. Conversely, if the investment fails, does Samjung Group guarantee the return to the opposing investment customers?”

“Since the success rate is relatively high, even if you make an opposing investment, the expected return won’t be high, right?”

“That’s true, but it’s fair that you include the same phrase. It may be meaningless in numbers, but it has a powerful meaning to some people.”

“It seems clear why I should sign the contract.”

Vice Chairman Koo Seong-mo smiled as if he understood what I meant.

“Do you agree?”

“Yes, I agree.”

“Executive Director Moon Dae-ho.”

“Yes, Vice President.”

“Please bring me the revised special terms of this contract.”

After hearing Vice Chairman Guseongmo’s words, Executive Director Moon Dae-ho looked at me.

“Please correct this. Now, the subject of this derivative product is GL Securities.”

“Yes, I understand.”

After Executive Director Moon Dae-ho answered, he left the president’s office.

* * *

About an hour passed.

Executive Director Moon Dae-ho brought a newly drafted derivative contract.

I looked at the contents carefully for 30 minutes.

“Now let’s sign the contract. One thing to keep in mind is that GL Group is different from Jin Kyung Group.”

The vice president of GL Group, who spoke to me, signed the derivatives contract, and I signed it right away.

‘That was until the IMF burst.’

Those who knew remained silent.

No one who didn’t know could have predicted that South Korea would end up in a state of national bankruptcy.

‘Are those signs only visible to my eyes?’

Of course, it could be that I see it because I know the future.

“Then I’ll leave it at that. And although the Vice Chairman said that I was the same, I’ve actually confirmed that I’m different. You must have confirmed that I’m your opponent, so prepare well and be prepared.”

“That’s why I’m surprised. My brother lost his position as successor and was demoted to America because he couldn’t beat you. So, when I see you next time, will you laugh? Or will I laugh?”

“I will act to the best of my ability, so the results will be determined by my ability.”

What’s important today is that I succeeded in concluding a derivatives contract that shook the GL Group.

“Hey, Ji-seong.”

“Yes, Vice President Guseongmo.”

“Do you know that even if Ji Sung succeeds in investing in derivatives, his Pacific Investment Finance, Samjung Group, and Taean Group will suffer a fatal moral blow?”

“I know.”

“Wishing for the downfall of the country is the work of a traitor.”

“The Republic of Korea will not perish.”

“This derivative product will succeed only if South Korea collapses?”

“There is an old proverb that says, ‘give me the disease and give me the medicine.’”

At my words, Vice Chairman Koo Seong-mo remained relaxed, but Executive Director Moon Dae-ho frowned.

“Then I’ll take my leave.”

I left the GL Securities president’s office.

And after a while, Executive Director Moon Dae-ho followed out.

“VIP customer.”

“Why are you doing that?”

“Are you saying that if South Korea faces an economic downturn, you will also take on the role of the Black Knight?”

I looked at Executive Director Moon Dae-ho for a moment at his question.

‘Shouldn’t you usually call him a white knight?’

But, Executive Director Moon Dae-ho clearly said that he was a black knight.

“Forgive me if that was a rude question.”

“If it benefits me, I have no reason to refuse. But that doesn’t mean I will cause an economic crisis in South Korea. I don’t need to be a traitor.”

“ah!”

“Please keep your position as executive director.”

“yes?”

“The reason I came here today is to get my hands on GL securities.”

At my words, Executive Director Moon Dae-ho bowed politely to me.