Hyunjoo asked ,
“Do you realize how reckless this investnt was?”
I lowered my head like a high school student getting scolded by their teacher.
“I don’t know what gave the confidence to do it, but it was too risky.”
“Yes, I know.”
Putting all the investnt into a product with only one surety and a fixed term now seems like a foolish move when I look back.
Even if the decision to end it was certain, without timing it right, it would still be a big failure.
Even if Seosung catches people and tells to know more about derivative products, I wouldn’t have been able to do it.
What if the decision to end it wasn’t made that day at the executive eting?
If the decision to end it had been delayed a few more days, we would have lost nearly 10 billion and gone down the Han River.
Even now, just thinking about it makes shudder and I silently pray for Vice Chairman Lim Jin-yong, who made a bold decision.
Seems like she saw a hint of reflection, Hyunjoo gently remarked,
“Still, the outco is what matters. Investing 130 billion and earning 672 billion is a fact. Nobody can achieve such results in a short period. In that sense, it’s remarkable.”
Finance prioritizes results over processes.
As long as it’s within legal boundaries, it’s all about making money, no matter the ans, as long as it leads to profit. If it goes too far, you’ll be labeled a speculator and face criticism.
Hyunjoo looked at and asked,
“Let’s say Taekgyu is doing that, but Jinhoo, why do you want to invest?”
I didn’t start with any specific goal in mind, and the sa goes for now. Of course, having money is good. In a capitalist society, material wealth equals happiness.
I earned an unimaginable amount from the first investnt. The money I have now is more than enough for a lifeti. What’s the point of making more money from here?
However,
I have capital and ability.
In a scenario where the board is set up, should one be satisfied with just this much?
I don’t know why I have this ability. It could be as Taek-gyu said, that a dormant superpower within has awakened, or maybe the universe helped , albeit without my fervent desire.
Either way, living an ordinary life as before seems unlikely now.
I thought of the great investors who conquered the market. Peter Lynch, Benjamin Graham, John Templeton, Carl Icahn, Warren Buffett, and so on.
They triumphed in the market with their own investnt strategies, becoming legends.
I may not have the sa investnt strategies as them, but I do have foresight.
Broadly speaking, foresight is also one of the investnt strategies. Intuition and luck are undeniable factors in investnts.
“I have conviction.”
“What kind of conviction?”
“The conviction that this is what I can do best.”
Hyunjoo smiled at the response.
“The financial industry is not as easy as you think. It’s a place filled with experts and scamrs. I’ve been working here for almost 10 years, and I’m still learning about the market. I wish I could stop you from jumping into this field, but…”
Investing inevitably cos with significant risks. If you dislike that, you can just deposit your money in a bank and live off the interest.
What will we experience in the future?
At that mont, Taek-gyu opened the front door and walked into the yard. Hyunjoo looked at him through the living room window.
It was a sincere look of concern for her younger brother.
“I know very well what you’re worried about, Noona. Whatever happens, Taek-gyu won’t be hard with you by his side.”
Hyunjoo murmured softly. “I’m grateful that you’re by Taek-gyu’s side.”
Opening the front door and entering the living room, Taekgyu handed a cigarette and a card to Hyunjoo Noona and grumbled.
“Please don’t ask your younger sibling to buy cigarettes. Mom wants to quit.”
“I’ll quit when the ti cos. More importantly, there’s sothing I’ve wanted to say for a while.”
Hyunjoo Noona said while taking out a cigarette.
“Aren’t you thinking of changing the company na? The pronunciation of OTK Company is a bit… different.”
Despite my empathy, Taekgyu seed puzzled and asked, “What’s wrong with OTK Company?”
If mispronounced, it becos Otaku Company.
However, the company was founded by Oh Taekgyu. When examined closely, many companies are nad after their founders.
McDonald’s was founded by McDonald, JP Morgan by John Pierpont Morgan, and Moody’s by John Moody. On the other hand, when there are two or more business partners, they often share their nas.
HP was founded by Hewlett and Packard, Baskin-Robbins by Baskin and Robbins, Rolls-Royce by Rolls and Royce.
We could change OTK Company to OTKJH Company or O&K Company, but…
I recalled the vision I had on a drunken night. I said I would beco the CEO of OTK Company.
There’s no need to change the na and disrupt the vision.
“Let’s respect the founder’s opinion and stick with this.”
Hyunjoo Noona nodded as if she had no choice.
“What about the future plans?”
“I’ve been thinking about it… acquiring company shares and turning OTK Company into a holding company, and establishing an investnt company in Korea.”
What would financial experts think about this plan?
“What do you think, Noona?”
Fortunately, Hyunjoo nodded.
“It’s okay. It depends on which company you choose and how you go about the acquisition.”
“I’m concerned about that part.”
“Don’t rush. There are plenty of opportunities. Let know if you need any information.”
“Okay.”
Taekgyu said, “Let’s go eat after we finish talking. And you haven’t eaten yet, right?”
Hyunjoo shook her head, “I want to, but I have to go back to Hong Kong right away. My flight is at 2 o’clock, so I should start getting ready.”
It seems she rushed to Korea, leaving everything behind because of her younger sibling. Does this kid even realize how worried his sister is?
Hyunjoo called a taxi in front of the house. We walked out to see her off.
“Take care, sis.”
“Have a safe trip.”
Before getting into the taxi, Hyunjoo reached out her hand to .
“I’m counting on you for the future. OTK Company’s CEO, Kang Jinhoo.”
I smiled and held her hand.
“I’ll do my best, sis.”
As before, we electronically signed the corporate ownership transfer docunts for submission.
“If it’s 3%, you can take it from my shares.”
Taekgyu nodded at my words.
“Since you’re my sister, it’s right to take it from my shares. It’s good to have a controlling stake of 80%. You know, there’s sothing like the 80/20 rule.”
“Pareto’s Law?”
It is a term frequently used in business administration. However, why does that co up here? It’s not like having an 80 percent stake ans you only have to do 20 percent of the work.
“Anyway, now that the issue with my sister is resolved, what’s next?”
“I need to find soone to handle the investnt company.”
I need soone who can move according to my plans, like a fish. It would be great if they have both the skills and credibility.
As I don’t have much connection in the finance industry, for now, I have inford Hyunjoo sister about it. I also asked her for information regarding recent market trends.
Before the day was over, an email arrived. The sender was Hyunjoo sister from Golden Gate.
“I selected and attached only the useful information among what we discussed. Take a look and let know if you need more.”
The email had three PDF files attached. It seems she had organized and sent the important ones separately.
“Wow!”
It’s good to have soone I know in Global IB for things like this.
I printed the docunts using the printer. When I viewed the files digitally, I didn’t realize the volu until I saw them printed on A4 paper.
I was reading diligently on the living room sofa when Taekgyu ca downstairs.
“What’s that?”
“The docunts Hyunjoo sister sent.”
“What kind of docunts?”
“Internal reports from Golden Gate. It’s advanced information that’s not easily accessible unless you’re involved.”
Taekgyu blinked.
“Is it okay to secretly take internal docunts? Won’t there be consequences if caught?”
I replied, shaking the docunts.
“Don’t worry. We officially received it, not obtained it sneakily. Rember, we are key clients of Golden Gate?”
OTK Company uses Golden Gate as its corporate account. It has a staggering 672 billion won deposited in that account. As a top-tier client, they can request and receive a variety of information.
Taek-gyu nodded as he heard the explanation.
“Let see it too.”
I handed him the bundle of papers I was holding. Taek-gyu briefly skimd through it and handed it back to .
“There’s nothing special here, just take a look.”
Of course, all the contents were in English since they were docunts from Golden Gate. Just so you know, his English skills are at a level that can be used for gaming.
Taek-gyu asked in amazent, “Can you read everything written there?”
“No.”
I wasn’t born abroad, nor do I have any experience studying abroad. However, I studied hard for the college entrance exam and TOEIC, so I can read and speak English decently.
“So, I’m just skimming through it.”
“What if you co across unfamiliar words?”
“I skip them or look them up on my phone.”
There are many specialized terms used in finance that even Aricans may not know. But more importantly, numbers and graphs are key.
“What’s the content about?”
“It’s about recent market trends, mainly focusing on the Fourth Industrial Revolution.”
“What’s that? I’ve heard about it occasionally, but I don’t really understand.”
“It ans moving towards an era of automation where everything is interconnected through the advancent of robotics and artificial intelligence beyond the digital society.”
Taek-gyu looked puzzled.
“I don’t quite understand.”
“Yeah, neither.”
The Fourth Industrial Revolution is currently underway across various industries. As it is still in its early stages, it is difficult to provide a clear definition.
Aligned with the restructuring of industries, money is also swiftly moving.
Just like water flows to lower places, money flows to where profits are in the financial sector.
After reading the materials, it seems like the Golden Gate area is responding in various ways, but I have doubts about how well our country’s investnt banks are performing.
I hope they are not too distracted by the money earned from the ants to pay attention.
I spent several hours carefully reading the materials in that state. Concentrating hard made my head ache, and I felt sothing coming to mind vaguely.
Is it because of my mood?
It seems like it’s about to beco visible soon…
Ring!
At that mont, the phone rang.
Looking at the screen, it was Senior Sangyeop.
“Oh!”
I had been aning to contact him for a while, but various things made forget. I hadn’t even properly thanked him for the great help last ti.
I answered the phone.
“Hello.”
[Oh, Jinhoo. I sent you a ssage a few days ago, did you not see it?]
“I’ve been a bit scattered lately. How have you been?”
[Haha, I’m always like that. Can we et when you are free? How about tonight?]
All the important things have concluded.
“Sure, what ti is convenient for you?”
[Where are you right now?]
“I’m in Gangnam, at a friend’s house.”
[Is that the sa friend who ca with you?]
“Okay.”
[Then I’ll head over there, let’s et around 7 in the evening. Bring your friend along. Last ti you treated , this ti it’s on .]
“Got it, senior.”
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