The Magician’s Memorial - Chapter 11
Only Krnovel
Episode 11. Talent Recruitment(1)
The new year of 1992 has arrived.
In the meantime, I lived in the United States and focused on my studies, and left the operation of SAVE Investment Company to Vice President Jeffrey and Team Manager Han.
The company has entered a stable state.
With just a few hints from me, it has grown into an investment company that produces returns recognized by Wall Street.
The $4 billion that Jeffrey invested on his own increased to $4.8 billion in 10 months, a return of over 20 percent.
Of course, it does not reach the return on investment I led.
Because I boasted an investment rate of at least 1,000 percent, not 20 percent.
However, since such a big deal does not come easily, I was satisfied with the steady positive growth.
Now that the company is firmly rooted, I have time to go to Korea for a while.
“Master, are you here! “The Chairman is waiting for you at the mansion.”
“Did the manager come in person? Why don’t I come directly and say that? “You can ask the employees below you to do this kind of work.”
“Master has returned to Korea after a year and a half, so I have to come personally.”
Has so much time already passed?
Investing in the Gulf War, recruiting talent including Jeffrey, and even short-selling the pound.
After solving a few big problems, it was already 1992.
“Director, you haven’t changed. “You seem to have gotten younger.”
“Master, you are now an adult. He grew taller, and the lines on his face became thicker.”
“Yes, you are still a minor. “We’ll talk about the rest in the car.”
“I will take you to the mansion.”
The Chief Secretary headed to the mansion in a car driven by himself.
Although only 1 year and 6 months have passed, the view of Korea outside the window has changed a lot.
Of course, it is nothing compared to the Seoul I lived in in my previous life, but Seoul is now comparable to any city in the world.
While I was in the middle of exploring Seoul, I arrived at a Sanga residence.
I grabbed the gifts for my grandfather from the car trunk and entered the mansion, and my grandfather welcomed me at the front door.
“Our puppy is here! American food doesn’t suit your taste? “Your face has become so half-faced.”
“The problem was that it fit too well. “I gained 8kg.”
“I don’t have any belly fat, so why did I gain weight? Let’s get in quickly. “I made a lot of your favorite braised ribs.”
My grandfather dragged me and sat me down at the table.
The grandfather was waiting for me to scoop up a spoonful, but instead of a spoon, I took out a piece of paper from my pocket.
“What is this? “Let’s eat first.”
“It’s important, so look at it first. That way, I can eat with peace of mind.”
Grandpa unfolded the paper carefully.
The paper was full of English, but like a grandfather crying about globalization, he understood what was written on the paper right away.
“You passed! “And at Harvard University!”
“I really wanted to pass last year. There was more to prepare than I thought, so it took a little longer. “I’m sorry I’m late.”
“What’s late? “You started college at a time when other kids your age had to go to high school, so it’s too early!”
“And thank you. “Thanks to my grandfather, I was able to pass the exam.”
“What did I do? “It all happened because of our Minjae’s hard work.”
My grandfather received as many as seven letters of recommendation.
He used all of his connections to obtain letters of recommendation from people who could help him get into Harvard.
Actually, the letter of recommendation I received through my own abilities was enough, but I was very grateful for my grandfather’s heart.
“Thank you for waiting.”
“I got accepted to Harvard’s economics department, but I have to wait for years!”
Grandfather’s voice was very gentle.
Although he was soon to be 80 years old, he did not look like an old man because he always took good care of his health.
“I’m going to eat now.”
“Okay, eat slowly and eat a lot. here! Let’s heat up some soup. “Our grandson, who attends Harvard, has cooled down.”
“oh my! Our master is going to eat it, so of course we have to heat it up. “It’s been a long time since I’ve seen the Chairman smile like this.”
The grandfather couldn’t control his smile and was smiling excessively.
He personally applied fish bones and placed them on a spoon, and even poured water himself and placed it in front of me.
I studied for this taste.
Although I studied like crazy to advance into society as quickly as possible, in a way, it was also because I wanted to make my grandfather happy.
After a delicious meal.
As I was about to have a private conversation with my grandfather, someone came to the mansion.
“Chairman, a guest has arrived. “These are people from the New Democratic Party.”
“Uh huh, I told you not to come to my house like that. “Let’s take you inside first.”
The politician did not want to publicize his personal meeting with the businessman.
This is because it was an action that could have been criticized and criticized for no reason, and was not helpful to the vote at all.
And yet, you visited in broad daylight without making an appointment?
Curious as to what would happen, I stood next to my grandfather and greeted the guests.
“Chairman Kim, nice to meet you. “It was so hard to see you, so I came to see you at the risk of being rude.”
“What is so good about seeing this old man that they come here?”
“Is the young man next to you the grandson of the famous chairman? “I heard that he is full of guns, just like the chairman.”
“Hmm, I heard you were accepted to Harvard University this time.”
“oh my! “It is a truly auspicious occasion.”
The identity of the guest was Kang Jun-ki, a member of the New People’s Party.
As a three-term lawmaker, he was one of the most powerful figures in the New Democratic Party, and was not the kind of person to go anywhere and say something he regretted.
How could a person like that be so condescending to my grandfather?
I thought carefully about the reason, and memories of my past life suddenly came to mind.
The New Democratic Party tried to nominate my grandfather as a presidential candidate, and there was less than 10 months left until the 14th presidential election.
“Minjae, stay in your room. “I’ll have to discuss this with the guests to find out how much money I can spare.”
“I’m tired because of the jet lag. “I’ll be resting in my room.”
I quietly entered the room.
Then I lay down on the bed and shook my head quickly.
I simulated all the scenarios in my head, but none of them resulted in a good outcome from my grandfather’s involvement in politics.
The moment when you try to overload your head.
There was a knock on the door, and my grandfather opened my door and came in.
“Have the guests already passed away?”
“Because we don’t have much to talk about. “They are really troubled people.”
“Are you trying to nominate your grandfather for this presidential election?”
“Minjae, how did you know that?”
“Even though I was in the U.S., I was listening to all the news about Korea. “There is no one from the New Democratic Party to nominate as a presidential candidate, so they will likely nominate a grandfather who is well-known.”
Grandpa’s expression changed quite a bit.
He changed from a grandfather looking at his loving grandson to Chairman Kim Tae-jung, who leads the Taewoo Group.
“Do you know how difficult it was for Taewu Group during the military regime? These are the guys who would rip you off even if you just took a breath. But will it change if the regime changes?”
“So your grandfather wants to become president?”
“I haven’t thought about it that far yet.”
The human mind is truly treacherous.
My grandfather knows very well that objectively, his chances of becoming president are not high.
However, with the National Assembly members and supporters of the New People’s Party working hard to fan the flames, it was natural for them to feel misled.
“I cannot inherit Taewoo Group yet.”
“What does that mean?”
“If my grandfather becomes president, I will naturally have to inherit Taewoo Group. And if you inherit, what will you do with the huge inheritance tax? And if you become a presidential candidate, you will go through a thorough verification process in the media, so there is no way you won’t have a speck of dust while leading a company, right?”
I tried my best to extinguish the flames fanned by the New Democratic Party.
My grandfather also nodded as if he agreed with what I said.
“Minjae, I guess you don’t think Haejabi is qualified to become president.”
“No way. A grandfather who raised Taewoo Group to third place in the business world would surely be able to make our country a better place to live. But the presidency lasts only five years.”
“You are right. “You can’t abandon the Taewo Group just to sit as president for five years.”
“And think about the huge taxes and inheritance tax. “Wouldn’t we be able to extract more profits if we invested only half of that money in the next presidential candidate?”
My grandfather was a merchant.
The most important thing for a businessman is to generate maximum profit with minimum investment.
As I delved into that point, my grandfather’s eyes changed again.
Any trace of lingering affection for the president was completely gone.
“If you take the position of president, you will only get criticized. As our Minjae said, supporting a presidential candidate is several times more beneficial. So who do you think will win this presidential election?”
“Would you like to be either YS or DJ?”
“Chairman Jang of Hyunjae Group is also running for office and is receiving quite a lot of approval ratings, so why were you excluded?”
“Because voters aren’t stupid.”
The grandfather gestured with his hand as if to continue his explanation.
“I think it is difficult to get elected if you run in the 3rd district in our country. The approval ratings of the candidates in the 3rd zone will only be enough to create an in-house negotiating group, and ultimately, the structure is such that the two major parties have no choice but to come out elected.”
“Minjae has a pretty bright view of the world. So between YS and DJ, who do you think has a higher chance of winning?”
“I think YS has a high chance. But you also need to make consistent investments in DJs. “The presidential election comes again in five years.”
It was something I could say because I knew the historical facts.
I spoke with full confidence because I knew very well that DJ was the one who would succeed YS as president.
“So, what I’m saying is that you should apply to both YS and DJ.”
“Or we don’t support both of them.”
“Minjae drank too much American water. “In Korea, even the largest conglomerates can be swayed by a single breath from the president.”
Even if it supports YS, Taewoo Group will collapse when a foreign exchange crisis occurs.
I couldn’t bear to say this to my grandfather, so I didn’t reply at all.
“… … .”
“Minjae, if you run a company, you will know what I mean. “Even if it’s unreasonable and unfair, there are some things that can’t be helped.”
“I will raise Taewoo Group so that it will not fall under any wind.”
“Okay, I’ll do all the dirty work, so that’s what you want to do after you take over Taewoo Group.”
“grandfather. So that’s it. “I want to start laying the foundation now.”
The reason I came to Korea was to say this.
Bragging about my Harvard acceptance certificate was just a small reason.
“It’s the cornerstone… … So what do you want to do?”
“I want to recruit and support Taewoo Group scholarship students.”
“At the group level, we are already supporting many scholarship students.”
“I know it well. However, in order for the Taewo Group to not collapse due to a typhoon, I think we need more scholarship students and supporters than we have now.”
“I understand what you mean, but it costs more to raise one scholarship student than you think.”
In the end, it was about money.
He was an old man who didn’t want to spend a lot of money on a scholarship that he couldn’t use right away.
“Please just create the Taewoo Group Scholarship Foundation. I will try to attract donations and run it. “Wouldn’t the experience of running a scholarship foundation be of great help to company management?”
“Hehe, yes, you are old enough to know that money is precious. “Just feel how difficult it is to run an organization.”