The Magician’s Memorial - Chapter 3



Only Krnovel

Episode 3. bubble(1)

I poured out the bankbook that was in the paper bag.

Adding the bank account my grandfather gave me as pocket money and the bank account my parents left me, the amount came to about 22 billion won.

In my previous life, I didn’t even know my parents left me money.

Since I have never been in need of money, I have never looked into my assets.

And my parents, who passed away suddenly due to an accident, were unable to tell me that they had left me an inheritance.

The reason the money was known was because of the surcharge.

The National Tax Service really thoroughly investigated my assets.

I found the bank account that my parents left behind and collected the money for me.

Thankfully, the National Tax Service employee even told me that my bank account password was my birthday.

“22 billion won is a good initial investment, right?”

“It’s bigger than you think. But I’m worried because it’s too big. “If a Korean corporation invests 22 billion won, there is a high possibility that the media or government will bother you.”

“Can’t we just create an overseas corporation?”

“Yes, that’s right.”

I guess they didn’t expect me to even bring up the topic of overseas corporations. Assistant Manager Hwang Jeong-hoon took a moment to catch his breath and continued speaking.

“There are several Hong Kong corporations used by Taewoo Securities. “It is a corporation that is about to close down, so I think we can use it for a few months.”

“I’ll tell my grandfather. ah! And it’s a secret that I’m investing 22 billion won.”

“All right. Even if the chairman asks, I will not tell you the size of the investment.”

“Then let’s write a contract. “It is a contract that also contains a confidentiality clause.”

Thanks to my past life, I don’t trust people.

I knew how easy it was to break verbal promises, so I prepared a contract.

Four securities company employees read the contract with bewildered eyes and then opened their eyes at the same time.

“There is a provision to pay a portion of the investment return as a bonus. What percentage is it exactly?”

“It’s 1 percent. If you earn 10 billion, the bonus is 100 million, and if you earn 100 billion, the bonus is 1 billion. ah! “Rather than 1 percent per individual, 1 percent is shared among all team members.”

There was no reaction.

After much deliberation, we added a bonus payment clause, but their interest was not in the bonus but in the consolation item.

“This is the first time I have heard of a consolation prize provision in case of failure to return on investment.”

“If there is no profit, I plan to give 20 million won in compensation. Instead, the confidentiality clause penalty is a bit high. Would you like to sign?”

They were securities company employees who thought for a moment.

They looked into each other’s eyes and both signed the contract.

Even if the amount of money for the third-generation chaebol investment game is kept secret, they probably think it is 20 million won.

But can they receive compensation?

If I properly analyze and invest in the future information I know, that will never happen.

* * *

The office of Taejoong Kim, Chairman of Taewoo Group.

Chairman Kim Tae-jung summoned Taewoo Securities’ assistant manager Hwang Jeong-hoon to his office.

Deputy Hwang Jeong-hoon, who came to the president’s office for the first time in his life, was frozen.

On the contrary, Chairman Kim Tae-joong looked like a parent listening to his child’s jokes from a kindergarten teacher.

“The grandson even uses a Hong Kong corporation to invest?”

“There was a Hong Kong corporation that decided to close down this year.”

“No trouble will happen, right?”

“This is a corporation that has no connection to Taewoo Securities. We also received the corporate bankbook and all related materials. “This is corporate information that even Taewoo Securities can no longer find out, so neither the media nor the government will be able to find out about it.”

Only then did Chairman Kim Tae-joong nod his head in satisfaction.

He did not want his grandson’s investment studies to become known to the public for no reason.

“So where did you decide to invest?”

“It’s difficult to tell because of the confidentiality agreement.”

“Did your grandson prepare a contract?”

“What I can tell you is that you are very different from other students your age. It is clear that you already have extensive knowledge and a broad view of the world. of course … … .”

“The person I hate the most is the person who stops talking.”

“That doesn’t guarantee that you will make a good investment.”

“Wouldn’t you and the other employees help with that?”

Chairman Kim Tae-joong said with a smile.

He was already satisfied with just being told that he was better than his peers.

Whether the investment succeeded or failed was not important at all.

Even if I lost all my investment, I thought it would be a profitable business if I gained at least one thing from failure.

This was also because I had no idea that the investment amount was 22 billion won.

If Chairman Kim Tae-joong had known how much the investment was, he would have looked into it more closely, but thanks to Deputy Hwang Jeong-hoon’s heavy mouth, that didn’t happen.

“I will do my best to help you, Master.”

“And you can return to Taewoo Securities at any time starting next month. Educating grandchildren is important, but shouldn’t the company run better than that? “I will give you separate bonuses.”

“thank you. “First, we will make the first investment and then think about returning.”

“Don’t be too servile because he’s my grandson. There’s still 10 more years left before he takes over the company. What’s 10 years? It could take 20 more years. “Let’s go now.”

* * *

Team leader Hwang Jeong-hoon returned to the office after finishing his private meeting with the chairman.

The office he entered was not a place he usually used.

The president of Taewoo Securities even provided a small office for his dedicated team.

“Team leader, are you here? “I created a portfolio, take a look.”

“Don’t call me team leader. When others hear it, they laugh at it. “Please just call me Assistant Manager Hwang Jeong-hoon.”

“He is the leader of our team. Rather than that, take a look at this data.”

Employee Deok-Hwan Kim made a fuss and showed the data.

He was a person with excellent data research skills and discovered new investment items.

“It’s an insurance product.”

“It seems that there are quite a few people in the U.S. and Hong Kong financial circles who think the Japanese economy is a bubble. That’s why even insurance products related to Japan’s Nikkei index were released.”

“If the Nikkei index falls 30 percent, compensation five times the principal amount?”

“It is a product that compensates 10 times if it is cut in half. Instead, because it is an insurance product, the amount that can be invested at once is limited.”

Clearly, the abilities of the dedicated team members were exceptional.

They discovered various products through various channels.

Team leader Jeong-Hoon Han created ideas such as real estate and stock short selling into a portfolio.

He created a portfolio in an instant and laughed for a moment.

“I can’t believe the day will come when I will write a portfolio like this. “You have to look for stability to find it.”

“But isn’t it fun? “When will I make an investment like this?”

“Well, it’s fun to see products like this after only looking at stable products.”

They were a group of four people who had fun at work.

It feels completely different from corporate life, which runs like a treadmill every day.

Their faces were full of smiles because they wanted to work like this for years, not just a month.

* * *

A few days later.

I called a task force into my home.

Assistant Manager Jeong-Hoon Hwang reported various types of portfolios to me in his capacity as team leader.

“All portfolios have very low stability. Among them, plan 1 is a very defensive portfolio and plan 3 is a very aggressive portfolio.”

“What is the maximum profit that can be achieved with 3 options?”

“This is a model that can realize profits only when the Nikkei index falls by half. Instead, you can earn 10 times more.”

“Then, without further ado, let’s go to number 3.”

“If you make an investment using the three plans, you won’t be able to save a single penny if something goes wrong. “22 billion won could become toilet paper.”

It was Assistant Manager Hwang Jeong-hoon who spoke with his hands shaking.

But I was rather calm.

Because Japan’s economic collapse was already an established fact.

“Please proceed like that. Anyway, no one but the people here know that 22 billion won is being invested. So, please be thorough when it comes to signing up.”

“Oh, I understand.”

Now you can keep it a secret.

The third generation of chaebols are the third generation of chaebols if they lose their investment money.

However, from the perspective of an employee at Taewoo Securities, he could be labeled as incompetent and be kicked out of the company.

“Then I’ll go see my grandfather. Please start investing right now. And I will receive the investment completion report next week.”

It was a dedicated team in despair.

Even after a month and the bubble bursts, will you still look like that?

I left them behind and walked briskly up to my grandfather’s study.

“Is my dog ​​here? “Let’s give it a hug.”

“You came early today.”

I hugged my grandfather with lots of love.

I wanted to appear as adult as possible to others, but my grandfather was the only exception.

I just want to shower my grandfather with the love I couldn’t give him in my previous life.

“Have you done all your investment studies?”

“yes! “I just finished and came up.”

“Looking at your face, I think you have something to say?”

It was my grandfather who figured out my condition right away.

I pretended to think for a moment and then spoke with difficulty.

“Grandpa, I want to take the GED.”

“huh? What does that mean? “You don’t want to go to school?”

“I don’t want to waste time. I don’t know why I had to go to high school for 3 years. If I pass the qualification exam, I can go to college next year. “You get two years.”

“Hehe, Minjae, I know you’re smart, but you should go to school properly. “School is a place where you can not only study but also have a variety of experiences, including friendships.”

Grandpa’s words were true a hundred times a thousand times.

But the time given to me was too short.

You can be more prepared if you join the company even a few years early.

“I will learn about human relationships by going out into society.”

“Hehe guy. “You seem to be very anxious.”

It was an old man stroking my head with a kind smile.

I didn’t even know who I was anxious about.

“Grandpa, I’m not joking. “I want to graduate from college quickly and help my grandfather.”

“Is it possible for you to get good grades in middle school?”

My grandfather paid a lot of attention to my education.

Since kindergarten, I have learned from more than 10 teachers.

In my previous life, from elementary school to high school, I had never lost first place in my school.

And even admission to Korean University.

I still remember how proud my grandfather was back then.

There is no reason for me to go to high school again after enrolling in a Korean university.

It is difficult to persuade with words.

Then I had to show myself that I was special.

Coincidentally, there was a pile of international daily newspapers in my grandfather’s study.

[Signs of the collapse of the Soviet Union are being detected everywhere. The Soviet government, whose finances are blocked, is unable to pay the miners… … .]

I read the English newspaper carefully.

Not only that, I read Japanese and Chinese newspapers without any hesitation.

All of this was thanks to my grandfather.

Thanks to my grandfather who called for globalization, I had a hard time studying languages, and that memory remained intact in my mind.

“Hehe, we, Minjae, studied very hard.”

“Now I want to show the results of my studies.”

“How can I defeat my grandson? “Okay, I’ll tell the secretary and prepare for the qualification exam.”

“thank you. “I will never disappoint you!”

My grandfather hugged me tightly and looked serious for a moment.

“Are you going to go to college properly?”

“Of course I have to go. “I will also be admitted to the best university in the world.”

“Not Korea University?”

“I planned to go to Harvard or Stanford. “My grandfather is globalizing, but I can’t be satisfied in Korea.”

“Hehe, when did my puppy grow this big? “It’s very grand.”

After showing off my cuteness to my grandfather, I came out of the study.

I reflected on my plan with a more cautious expression than ever before.

I am now 17 years old.

If you pass the high school qualification examination within one year, you will be 18 years old.

And if you attend college for four years, you can graduate at age 22.

Five years later, in 1995, he was able to join Taewo Group.

You can take a position in a company three years before the foreign exchange crisis occurs.

I can only prevent the group from going bankrupt if I use the funds I am raising now to save the group from the outside and go inside the group to prevent insolvency.

But you won’t fail the qualification exam, right?

I screamed loudly in front of my grandfather, but I can’t do that.

I quickly went back to my room and picked up a book.

Of course, the book I took out was not a GED book, but an SAT textbook for American university entrance exams.