Taekgyu said.
"ah! I have a good idea now. How about something like this?"
Usually, when he says things like this, it's when he's talking nonsense.
This time too, the feeling is ominous.
"What?"
Taekgyu's story was simple.
"I will provide the capital. You have the superpowers. We will invest and split it half and half. how about that?"
"omg······."
Let's use supernatural powers to predict and divide the profits in 50/50?
It's a good suggestion and it piques my interest. However, investment is always accompanied by losses.
No one in the world invests to lose money, but the reality is that there are more people who lose money through investment than those who make it.
"And what if we lose it all? "Will i pay half of the loses?"
"Will you have any money to pay? "At that time, there is nothing we can do."
That's right.
Realistically, if you lose a lot of money, there is no way for me to repay you. In the end, the profits will be split in half, and the losses will be borne by Taek-gyu alone.
Is it okay to make a contract like this?
"This is a waste of money."
If possible, I would like to make as much money as possible.
But in reality, there is a big problem. As Taekgyu said, even if this is a superpower, there is no guarantee that what you see is 100% correct. Maybe it randomly shows a future with a moderately high probability.
Can i really trust and invest only because of holograms that appear before your eyes?
In investment, information must have a clear source and basis. Otherwise, information is virtually useless.
I keep getting it right, but what if I get it wrong next time?
Even if all the swans you've ever seen are white, there's no way that there won't be black swans in the world.
If our predictions are wrong and we lose billions, will we be able to handle the fallout?
But on the other hand, what if the superpowers are real?
As Taekgyu said, this is a huge opportunity. I have the superpowers and Taekgyu has 13 billion won in money.
Wouldn't it be possible to make a lot of money just by investing with foresight?
Taekgyu held out his right hand for me to shake seeing that i was hesitating.
"Friend, take my hand. "If we shake hands, we will invest together."
"What if I don't shake it?"
"I will never ask you again."
I looked at Taekgyu's face and his outstretched hand alternately.
I thought about it for a moment, and suddenly my cell phone rang.
Tiriring!
It was Minyoung who was overmotivated. I first received a phone call.
"hello."
[I'm planning to have a drink with senior Ki Hong later in Hongdae. Do you want to come?I said you wer discharged from the military and he asked to see us together.]
Senior Kihong was in the Department of Business Administration when I entered school.He had a good personality and was popular, so his juniors, regardless of gender, followed him.
We are quite close friends as we also participate in club activities together.
I didn't see him after i went to the military, but I heard that he graduated and got a job at KYB Investment & Securities.
"When are we meeting?"
[We decided to meet at the bar in front of the school in an hour.]
"okay."
I looked at Taekyu again and said.
"I have an appointment right now, so let's talk about the details later."
As I slowly retreated, Taekgyu shouted in embarrassment.
"Hey! "Don't go, dude!"
* * *
When I entered the basement bar, Minyoung and Kyungil were sitting there.
Minyoung waved his hand.
"hey! Sergeant Kang!"
"Now I'm a reservist."
Kyungil asked with a smile.
"How long has it been since I last saw you? "Was it worth it going to the military?"
I shared my honest impressions.
"If possible, don't go."
These are classmates that I'm just meeting for the first time in almost two years.
Still, thanks to frequent contact with Minyoung, I was able to know a little about what was happening within the department.
Sitting across from me were two female students I had never seen before.
"who······?"
Kyungil answered my question.
"ah! Say hello. First year students who entered this year. This is our classmate Kang Jin-hoo. "He was in the military and just got out."
When they looked at me, they got up from their seats and bowed their heads.
"Hello, senior."
"I heard a lot from senior Minyoung."
The name of the tall female student with blonde hair is Shin Yu-ri. And the name of the short-haired female student was Hwang Ji-hye.
Even considering my poor eyesight after being discharged from the military not long ago, they both look quite pretty.
Due to the nature of the department, the Department of Business Administration has a severe male bias phenomenon. Although the number of female students has increased over the past few years, there are still more men, about 7 to 3.
Therefore, female freshmen are welcomed in and of themselves.
Compared to Minyoung, who came out dressed roughly, Kyungil had even applied wax to his hair to give it some strength.
Kyung-il lowered his voice for no reason and spoke to Yuri.
"Drink slowly, Yuri."
"Yes, senior."
"When you become a sophomore,You will be taking professor Kim Myeong-jun's lectures. I you could give me some advice about his teaching style..."
He actually paid this much attention to a female junior's lecture on a subject that he had already earned all his credits for.
"What about Senior Kihong?"
"Something came up so he's a little late. "Let's drink together first."
Kyungil filled my glass with soju.
"Are you going back to school next year?"
"I'm thinking."
The family situation and tuition issues were completely resolved. There is no problem with returning to school.
Wouldn't it be better to return to school as soon as possible and graduate as quickly as possible?
We clinked glasses and talked about past issues. The glass was empty and I was about to pour some alcohol, but another hand grabbed the soju bottle first.
"I will pour for you."
Yuri filled my glass with alcohol.
"Uh, thank you."
"Please give me a drink too."
I filled her glass with alcohol.
"You hold your drink well."
Gyeongil, who drank at a similar rate, was already drunk and talking nonsense. His eyes were half closed, And Hwang Ji-hye was also drunk.
However, Shin Yu-ri looked fine except for her cheeks being a little red.
She said with a smile.
"I can easily drink up to three bottles of soju."
Kids these days have extraordinary drinking capacity.
As I continued to drink on an empty stomach, I quickly became drunk.
As we laughed and chatted for about 30 minutes, a man in his late 20s wearing a suit and tie came inside.
Minyoung quickly raised her hand.
"Here we are, senior!"
"How is everyone?"
It feels different to see him wearing a suit after seeing him wearing a jumper all the time. To put it in a good way, he seemed like a member of society, and in a bad way, he was like an old man.
Senior Kihong said as he sat down.
"Hey! It's been a while, Kang Jin-hoo. "Did you do well in the military?"
"yes."
"You should have at least contacted me when you were on vacation."
I smiled.
"You were busy getting a job. How you doing?"
"I'm just living my life."
Minyoung filled senior Kihong's glass with soju.
"You're at least better than other seniors who couldn't find a job. "Isn't there a trend in the financial sector these days to reduce new hiring?"
Senior Kihong poured soju into his mouth in one go with a tired expression.
"I guess so. CB will be better, but IB will see fewer new hires next year than this year."
Banks are broadly divided into two types.
These are commercial banks and investment banks.
Commercial banks make profits through deposits and loans, while investment banks collect capital and make profits through investment.
In Korea, the former is simply called a bank, and the latter is called a securities company or investment trust.
KYB Securities, where senior Ki Hong joined, is of course the latter.
"The atmosphere at the company is turbulent these days, with people talking about reassignment and restructuring."
Kyungil asked in surprise.
"Restructuring? "KYB Securities is doing well."
"What do you do if you're successful? This time, KYB Securities and Doori Securities are merging. As the 2nd and 4th largest securities companies in terms of capital are merged, it will rise to the top in the industry after the merger is completed. The creation of a large IB is a good thing, but it is not a good thing for employees. After a merger, there will inevitably be job cuts. "Employees whose work overlaps will either be reassigned to other jobs or will have to leave the company on their own."
"Isn't it okay because the senior is a newbie?"
Restructuring usually begins with high annual salary and seniority.
Originally, the retirement age for securities firms was not long compared to other occupations. Even in your 40s, it is not easy to maintain your position.
"I'm worried because they're currently accepting applications for voluntary retirement from new employees. "Work isn't as fun as I thought."
"Where will you go if you quit?"
"I'll look into private equity. "I was originally interested in M&A."
Unlike general public equity funds, private equity funds are characterized by receiving large amounts of investment from a small number of investors for the purpose of acquiring companies.
Minyoung said as if sighing.
"I thought all I had to do was get a job, but it seems that isn't the case."
"That's right."
After finishing his story, Senior Kihong took a gulp of soju.
Minyoung and Kyungil's expressions darkened. When you hear things like this, you naturally become worried about getting a job.
It is said that in the days when the economy was good and the stock market was booming, if you were a business school student, You were recruited as soon as you graduated... no, even before you graduated.
But that was a long time ago.
The financial sector could not avoid the shadow of youth unemployment that shrouded Korea in the 21st century.
Most transactions were computerized, counters disappeared, and the financial sector was reducing its workforce. Senior Kihong, who succeeded in finding a job at once, was a lucky case.
There were quite a few seniors who got jobs in completely different fields or postponed graduation because they could not find jobs. If you don't want that to happen, even if you study hard for employment from now on, it won't be enough.
Beer was added to the drinking party that started with soju, and slowly people began mixing it with soju.
Senior Kihong's characteristic is that he talks a lot when he's drunk. Senior Kihong, whose face was as red as expected, continued to pour out words.
"Manufacturing has grown dramatically in the decades since the Korean War. There are dozens of companies that you might recognize just by hearing their names, such as Seosung Electronics or Eunsung Motors. But among banks, securities companies, and fund companies, is there a single financial company that foreigners might know about?"
"There is none."
"On the other hand, international IBs such as Fitch, Moody's, JP Morgan, Morgan Stanley, and Golden Gate are encroaching on the Korean market. "What is our country's representative company?"
Minyoung answered.
"It's Seoseong Electronics."
"Everyone says that. But to put it bluntly, is Seosung Electronics a Korean company?"
"The chairman is Korean. "It is listed on KOSPI."
"Then what about Alijini, a Chinese commerce company? CEO Ma Wen is Chinese, but the company is listed on the New York Exchange. What about Rite Group? "Many of their affiliates are listed on the exchange, and most of their sales occur in Korea, but the chairman is Korean-Japanese and the holding company is in Japan."
"that······."
Senior Kihong said as if snorting.
"Foreigners own 53 percent of Seosung Electronics. Half of the market capitalization is being shared between foreign IBs, sovereign wealth funds, private equity funds, and pension funds. Where is Seoseong Electronics? One third of the exchanges are foreign. The situation is like this, and every year when the season comes, the media makes a fuss. "How much did foreigners take as dividends, and how much did they keep as market profits?"
"Since you've invested, isn't it natural to make a profit?"
Kihong senior nodded at my words.
"that's right. That's exactly what I want to say. Who owns the large buildings with dozens of stories in Yeouido? What about the hotels along the Han River? What about franchises like Heungbune Jjigae, Lydia Coffee, and Master Pizza that are spread out in every neighborhood? Everything is owned by foreign capital. Even this QB beer I'm drinking right now!"
Gyeong-il, who was drinking wheat, hiccuped and said.
"Isn't QB beer our country's?"
"Jusan Group sold it to KRR, a British PEF, and KRR sold it to TM Consortium five years later. "They sold it five times more than they bought it."