The Magician’s Memorial - Chapter 2



Only Krnovel

Episode 2. Taewoo Securities

After the banquet, I returned home.

I took the bankbook out of my pocket and put it in the safe hidden behind the desk.

There were already 10 bank accounts from various banks piled up in the safe.

One bank account for the first birthday party.

One when you enter elementary school and one when you graduate.

That’s the bankbook I received for getting first place in school.

When I added up all my bank accounts, I found that it contained approximately 7 billion won.

In my last life, I used this money very wastefully upon entering college.

But my grandfather actually liked it.

They say that if you are a man, you should know how to write.

It was also because I had faith that I wouldn’t have an accident.

I’m not bragging, but I never missed being ranked first in all of my school from elementary school to high school.

And with very excellent grades, I was admitted to the business department of the best university in Korea.

“What should I do with this? Should I at least invest?”

Actually, I wasn’t in need of money.

How could a third-generation chaebol from a three-generation independent family be in need of money?

However, I needed a huge amount of money, not just for myself, but to prevent future events.

Taewoo Group’s debt during its bankruptcy was a whopping 89 trillion won.

Of course, the amount was inflated due to the betrayal of executives and government deception.

Even so, it was Taewo Group that had a considerable amount of debt.

Not only money but also other forces were needed.

In order to break the link between rival companies and the government, I had to recruit a lot of my own people.

A lot of money and a lot of connections.

First, let’s start with a lot of money.

Ultimately, in order to build connections, you need money to back it up.

I know the future.

Information was money, and turning the initial capital into a lot of money was not a task.

The problem was my age. Only 17 years old.

It is not easy for a 17-year-old student to take initiative.

I needed someone capable of turning my information into money.

* * *

Taewo Group had over 40 affiliates.

Construction, automobiles, heavy chemicals and even finance.

In particular, my grandfather was a person who emphasized the importance of finance, so he created Taewoo Securities over 20 years ago.

Taewoo Securities had a long history and was large in scale.

As it was one of the top three companies in the financial world to work for, only the elite among the elite were able to join Taewoo Securities.

I sat quietly in front of Taewoo Securities.

“Master, it’s cold. “It’s past meal time.”

“Just wait a moment. “Can’t the grandson even visit grandpa’s company?”

“If even your health is harmed, we will be severely scolded.”

“Just wait a moment. “It will be over soon.”

I repeated more than 5 times that it would end soon.

Every time that happened, the secretary’s expression grew pale.

Trying to ignore their faces, I watched the employees passing by the entrance of Taewoo Securities.

‘oh! Investment ability level A! It’s been a while since I got grade A.’

I quickly wrote down the names of employees with Class A investment skills in my notebook.

The staff listed in the note will soon become my dedicated investment team.

I haven’t received the grandfather’s permission yet, but how could he refuse a request that his young grandson makes with such cuteness?

The employees of Taewoo Securities were certainly elite.

I have already filled my notebook with the names of employees with A-level work skills.

Investment skills, analytical skills, coping skills, etc.

But they have not yet found someone capable of leading them.

I wanted to nominate someone with S-level work ability, not A-level work ability, as the team leader.

The word was S-level, but S-level work ability was really rare.

In fact, I’ve only seen one person so far.

That’s my grandfather.

He possessed S-level management skills, as befits someone who brought Taewoo Group into the top three in the business world.

Is it greedy to find someone with similar abilities to my grandfather?

If I remember correctly, there were definitely talented employees at Taewoo Securities who achieved great achievements.

Could it be that you haven’t joined the company yet?

When I was about to get up from my seat because I was worried about the secretarial staff who were turning as pale as corpses.

I found an employee with the S-level work skills I had been looking for.

It also had the same name as the person I was waiting for.

【Description of Personal Information】

Name: Hwang Jeong-hoon Age: 29

Affiliation: Assistant Manager of Overseas Stock Division

Special note: Hoping to retire.

Work ability: S-level analytical ability. … … .

Jeonghoon Hwang.

He was someone who would become the CEO of a famous investment company in 10 years.

He was also a legendary figure who created a large financial company by acquiring Taewoo Securities, which was spun off from the group.

He was an investor known for perfectly analyzing the given information and creating a portfolio that would generate maximum returns.

Hwang Jeong-hoon, who was handling trillions of dollars of money.

Right now, I’m just hoping to leave the company with the rank of assistant manager.

I squatted here for over 3 hours to recruit that person.

Hwang Jeong-hoon looked for cigarettes at the entrance of the company and asked.

Life is so stressful right now that dark circles have taken over my entire face.

To give him hope, I moved my legs and approached him.

“Are you having a hard time?”

“What are you doing here, student? Did you come on a field trip? But can you see in my eyes that I want to retire? Study hard and become a judge or prosecutor or a doctor. “He’s a securities man, but he’s just a toiler.”

“Just be patient. A great opportunity will come.”

“Thank you for your words. It smells like cigarettes, so don’t stay here. “There is a desk on the first floor, so go there and inquire about the tour.”

Hwang Jeong-hoon was half broken.

It would be difficult if I quit my job even today.

In order to quickly catch talent, I went straight to see my grandfather.

* * *

My grandfather was a man with no hobbies.

He is a person so addicted to work that he jokingly calls it his hobby.

But I know. My grandfather’s only hobby is me.

Even now, when I show up, he stops what he’s doing and gives me a hug.

“What’s going on with our Minjae? “He didn’t even come to my study because he said it smelled like books.”

“Grandpa, I have a favor to ask.”

“We have to grant whatever our dog wishes. toy? Game console?”

“I’m trying to study finance properly.”

“So you went to Taewoo Securities today? Well, since I’m going to be a high school student soon, I guess I should start studying finance.”

All my schedules are reported to my grandfather.

In my past life, I felt it was surveillance, but now I feel it was love for me, a third-generation reader.

“I’m going to try investing with the allowance my grandfather gave me.”

“It’s very grand. “How can I buy you stocks?”

“I want to take the initiative. “We formed a dedicated team.”

“You mean a dedicated team? haha. It looks like you really want to try it in earnest. “Okay, what can I do for you with this money?”

“I want to have several employees from Taewoo Securities by my side.”

A 17-year-old is forming a dedicated investment team.

An ordinary family would pass it off as a joke, but ours was not an ordinary family.

And it was a common occurrence in conglomerate families.

It is not for nothing that a large number of middle and high school students are included among Korea’s top 100 stockholders.

This was the education method of those who created a stock account to study finance from a young age.

“How many employees do you want to have by your side?”

“I tried to select employees in my own way. “I want to invest together with the employees whose names are listed here.”

“It looks like you’ve already made a plan. Okay, give it a try. But there is a condition. No matter how much I am the chairman, I can’t just have my employees next to me. “If employees say they don’t want to be with you, you have no choice but to send them back to Taewoo Securities.”

“Don’t worry about that. “I’m confident!”

It was my grandfather who was looking at me happily.

However, his eyes did not show great anticipation.

You just want me to learn something through investing.

“If you’re going to invest, you should do it right. “Please stay for a moment.”

Grandfather opened the safe under the desk.

Inside, gold bars, bonds, bank accounts, etc. were piled up.

He took out one of them and put it in my hand.

“It’s a bank account with 1 billion won in it. “Try investing it together with your pocket money.”

“Thank you so much, Grandpa!”

I gave my grandfather a kiss on the cheek.

One billion and one kiss.

It was a very profitable business that served filial piety and made money.

* * *

next day.

The four Taewoo Securities employees I had chosen came to my house.

Everyone’s expressions were not so bright, perhaps because they thought I was acting as an investment game teacher for the chairman’s grandson.

“hello. “This is Minjae Kim.”

“yes yes. Nice to meet you. “I am Hwang Jeong-hoon, assistant manager at Taewoo Securities.”

Assistant Manager Hwang Jeong-hoon was the most senior.

I intentionally formed a dedicated team comprised of only employees with limited experience.

It was impossible to suddenly hire someone above the manager level, and the higher the position, the more difficult it was for them to move as they pleased.

So, they were mainly assistant managers and employees, and they were all in their mid to late 20s.

“Everyone, please sit comfortably. “Ma’am, please give me some refreshments.”

Orange juice and cookies were set on the table.

Everyone was preoccupied with looking at the mansion of a chaebol family, which was their first visit.

How should I roast and boil those people?

First of all, I had to make sure that I was not perceived as just a child.

“Please help me make an investment.”

“It’s not enough, but I’ll do my best.”

“Then can I ask you a question first?”

“of course.”

“Where should I invest now to make the most money?”

Four securities company employees looked into each other’s eyes for a moment.

You may be wondering how to speak to your students at their level.

“You can earn stable profits by investing in real estate or in an electronics company.”

“What if you want to make a risky investment rather than a stable profit?”

“I think it would be better to invest mainly in emerging countries.”

They are four people from a securities firm whose current situation feels awkward.

I’ve already chosen a topic that will blow away the awkwardness.

“I want to invest in the Japanese market.”

“The Japanese market is overvalued right now. “You could incur big losses.”

“Overvalued means inflated like a balloon or bubble?”

“It’s a bomb that might explode at any moment. “It may not explode forever.”

“Then what if the bomb explodes starting this March?”

“What do you mean by that?”

“There was talk that the Japanese government was implementing a loan cap system.”

Japan’s bubble economy started in the 1980s.

We are in an era where 8 of the world’s top 10 companies are Japanese.

But it was also a time when we would experience the next 10 lost years.

The catalyst was the loan cap system.

The Japanese stock market will be cut in half within a few months at the shortest, or a year at the longest.

There is not much time left when real estate will become cheap and many companies and people will go bankrupt because they cannot repay their loans.

“So, Mr. Master, are you saying that you want to proceed with investment under the premise that the Japanese economy will go downhill after March? “That kind of investment is too risky.”

“Deputy Hwang, you also said that the Japanese economy is currently overvalued?”

“Yes, but.”

Assistant Manager Hwang Jeong-hoon turned his head instead of answering.

For the purpose of seeking support from employees of other securities companies.

But answers came out that were completely different from what he expected.

[If the loan cap system is implemented, a bomb could explode. Currently, the Japanese government has raised interest rates four times since last year from 2.5 percent to 3.25 percent.]

[If the interest rate increase and the total loan amount system are added, the bubble will burst.]

[You might not know if the loan cap system had been implemented 2-3 years ago, but implementing it now is like pressing a detonator.]

These were the answers I wanted.

As expected, they are employees with Class A work ability.

Of course, it was more likely that he gave me the answer I wanted because he wanted to look good on me as a third-generation chaebol.

“Then, please set your investment direction assuming that the Japanese economic bubble will burst from now on.”

“In order to make an investment direction, you need to know exactly the size of the investment.”

“It’s about 22 billion won. “It’s all in dollars.”

“Are you talking about 22 billion won?”