The Magician’s Memorial - Chapter 8



Only Krnovel

Episode 8. Jeffrey(1)

“Boy, oil prices have started to fall.”

“It’s just the beginning. “The moment American ground forces step foot on Iraqi soil, oil prices will fall at a faster rate.”

Who doesn’t know the strength of America?

It’s just that, due to the aftermath of the Vietnam War, even Americans viewed the strength of the U.S. military with colored glasses.

With the ruined center of Iraq, the colors began to come off, and everyone began to predict that the winner of the war would be the United States.

“ruler! Let’s not be greedy. “If the price of oil drops to $18, I’ll lose it all.”

“All right! “We will be on standby 24 hours a day.”

I continued to stay in the office just in case.

But the future did not change.

Only after seeing that oil prices had plummeted 33 percent in one day did I feel relieved and return home.

* * *

February has come.

The Gulf War has not yet ended, but Iraq was dragged around without even being able to properly counterattack.

Many experts predicted that the war would end before March, and that opinion was reflected in oil prices.

“The price of oil, which was $35, has fallen to $16!”

“Why are we still looking at oil prices that have already been sold out? Now let’s stop paying attention and check our report cards.”

“I will prepare right away.”

Team leader Han Jeong-hoon was waiting for me when I visited SAVE Investment Company for the first time in a long time, and he started the briefing by showing me the materials he had prepared in advance.

“With this investment, we were able to realize a return of $10 billion. “The revenue we had predicted was not met.”

“When the amount invested exceeds trillions, it is natural for profits to decrease.”

The initially predicted revenue was $20 billion.

With an investment of $2 billion and full leverage, a 10x return was definitely not excessive.

However, when we tried to liquidate our short selling, forces followed us one by one, and we had no choice but to quickly realize profits while giving up some profits.

Still, it earned $10 billion. 5x profit.

It generated profits worth 7 trillion won in Hanwha in just one year.

The profits were possible thanks to the special circumstances of Japan’s bubble economy and the Gulf War, and for the time being, such a major event has not occurred in my memory.

The next big crisis was the 1997 foreign exchange crisis.

From the foreign exchange crisis in Southeast Asia that started in Thailand to the subsequent IMF crisis in Korea.

Until then, we had to grow steadily based on the funds we had earned so far.

“It’s spacious these days, right? “Everyone must be bored after having all the fun with Yuga.”

“The number of employees has increased, but there are no suitable places to invest, so we are only investing small amounts.”

“Let’s invest properly as an investment company. Invest wisely in the IT market.”

“When you say IT, do you mean companies like Microsoft or Apple?”

The IT boom will arrive in a few years.

To prepare for that, you must secure as much stock as possible in good companies to generate maximum profits.

“I plan to buy shares in good companies with money and invest in talented people to help them establish companies. “Isn’t that a true investment company?”

“Are you talking about founding a company, not stock or futures trading?”

“Before that, let’s take over one of our financial companies.”

“ah! Are you thinking of acquiring a financial company and laying the foundation for a system that is lacking? “Good plan!”

In fact, there is no need for a financial company’s system.

The purpose of my acquisition was not the system but the talent.

He is currently a vice president at a small financial company, but he is a person who will be ranked first in world wealth in the future.

* * *

DE, a new financial company

It was a company created for the purpose of Internet-based financial business, but it was not yet a company that made a lot of profit because the Internet had not yet been commercialized.

However, Vice President Jeffrey believed in the company’s potential.

If the Internet is commercialized, it can grow at once!

Vice President Jeffrey was confident that DE would become the best financial company as long as the funds to survive until then were available.

That’s why he couldn’t miss this opportunity.

According to rumors on Wall Street, an acquisition offer from a company with profits of more than $25 billion!

He raised his voice as if to threaten Richard, the company’s CEO.

“Are you saying there has been an acquisition offer?”

“It is said to be a merger, but we have requested an acquisition in the form of us being absorbed. “They said they would buy the company’s shares at twice the price.”

“Is SAVE the company that proposed the acquisition? “He made a lot of money from oil prices in this Gulf War.”

“that’s right. And he promised to support all projects our company is working on without financial restrictions.”

“But what are you worried about? “You have to sign the contract right away.”

Richard, the head of DE, did not like this offer.

So far, acquisition offers have been received from several sources.

He once received an acquisition offer from a well-known company, but he turned it down.

It was because I was confident in growing the company further.

If we last just a few years, the company will be several times larger than it is now.

It was too much of a waste for him to sell the company at a low price now.

If you have a little more patience, you can make a lot of money.

That’s why he wanted to reject this offer.

“If we just have a little patience and wait, we can succeed even without their help!”

“Let’s meet first and decide. “It is not too late to make a decision based on the conditions they present and their tendencies.”

“I have no intention of selling the company.”

“Because I understand. Let’s just have one meeting. “It’s not difficult.”

“Then we will have a meeting this week, but just know that we will never sell the company.”

Richard wishes the company success.

Jeffrey wishes the project success.

They were two people with similar yet different goals.

* * *

“Master, I declined the acquisition offer from DE.”

Team leader Han Jeong-hoon returned home and bowed his head.

Just by looking at his face, Pak Sak could tell how difficult the meeting with DE had been just one day later.

“I didn’t think the acquisition would be easy.”

“sorry. “I should have prepared properly, but I just tried to solve it with money.”

“There is no need to bow your head. In fact, the acquisition offer is just a number thrown around. “What I need is not the DE, but the employees there.”

Taking over DE will only cost a lot of money.

Of course, I tried that method because it was the easiest, but there was no need to be frustrated if I failed.

“We will offer scouting offers to all employees attending DE.”

“There is no need for Team Leader Han to step up and do something like that. “There are other people who can do that.”

“Is there anyone like that?”

“It will arrive in a little while. “Just wait and see.”

The door opened at just the right time.

The person who entered the living room guided by the security guard was David, who had joined the company as a new recruit.

“Why David?”

“Why did you call someone who doesn’t do anything for money?”

“… … .”

Everyone at SAVE liked David.

But I wondered why he attended SAVE.

Even when everyone else was busy working, he was the one walking around leisurely with a cup of coffee in one hand.

However, David was the one person who never heard a curse word.

If you are working hard and the person next to you is idle, isn’t it natural to be impressed?

However, David was a person who, with his unique slyness, could get a donut instead of swearing.

“We are recruiting people, but there is no one like David.”

“Did David have that ability?”

David was the person with S-class work ability and affinity.

He was supposed to be a lobbyist, not an investment company, and if I had to use it, it was head hunting.

It was perfect to use when recruiting talented people from other companies.

“oh! Did you call the boss? “I saw some coffee with a good scent on the way, so I bought it.”

It was really fragrant coffee.

It was also the coffee I needed the most as I had a book in my head all day.

David instinctively knows what the other person wants.

“I’ll have a good cup of coffee. “David has to start working now too.”

“I was already waiting. I feel bad for trying to get paid while having fun. What can I do? “You’re not planning on making them play a numbers game, are you?”

“Be friendly with the people here. You can drink coffee or alcohol. “I will generously cover your activity expenses.”

I handed David the profile of the DE employee.

That number is 14 people. It was a profile of Jeffrey, an employee and vice president working on an Internet-based investment project at DE.

“There are quite a few faces I already know. Can I persuade them and bring them to the company?”

“If you stay at the company, the only person who makes money is the CEO. “It’s up to the employees to persevere until the company succeeds, but the CEO, Richard, is the only one to reap the fruits.”

“Then if you move to our company, you will be able to eat the fruits together?”

“First of all, it is twice the salary I am receiving now. And unlimited investment of funds and success bonuses until the project is successful. This is enough negligence, right? ah! And I’ll give David a $20,000 bonus for every person he brings in.”

“I will give you the results within a week.”

“You must bring Jeffrey, the vice president, with you.”

“Large that!”

It was David, who saluted slyly and took the profile.

A team leader who was watching our conversation as if watching a play scratched his head.

“Do you really think David can recruit DE people?”

“Trust me. Well, if you fail, you can force DE to swallow it up. “It might cost a lot of money, though.”

“Are you even considering a hostile takeover?”

“If that doesn’t work out, root for David to do well.”

* * *

David has proven his ability.

He succeeded in recruiting 13 out of 14 players in one week.

Well, who wouldn’t be moved when they say they’ll pay twice as much as their annual salary?

Moreover, it goes without saying that the person fanning the flames next to him is David, who has S-level sociability.

But he failed to recruit one of the most important players.

Jeffrey, DE’s vice president, withstood all of David’s attacks.

But that doesn’t mean there are no results at all. I brought him to the SAVE office to at least hear his story.

They’re telling me to put an end to it myself.

Well, they did this much, but I have to move that much myself.

“hello. “My name is Minjae Kim.”

“You look very young. “I know it’s difficult to estimate the age of Asian people, but you look really young.”

Not young, just young.

There was no need to talk about the fact that I was now in high school, so I quickly got to the point.

“I heard that Jeffrey is very interested in Internet investment techniques. “I’m also very interested in that.”

“Is that so? It’s been a while since I met someone I like. Do you know what the most common question people ask me is? ‘What is the Internet?’ “I hear this the most.”

This was before the Internet was commercialized yet.

However, when we said we would carry out a project using the Internet, people were unable to accept it.

In other words.

It was also said that Jeffrey’s vision for commercializing the Internet was very outstanding.

He wasn’t just great at predicting the future.

After checking his personal information, he had three types of S-class work abilities.

My grandfather, who raised the Taewo Group to the 3rd place in the business world, also possessed only one S-class work ability.

After all, not just anyone can become the richest person in the future.

If you want to catch someone like this, you can’t use just any bait. It’s time to throw a huge bait to catch a big fish.