Chapter 15
CHAPTER 15
During weekend world was peaceful. No particular news and fortunately stock market continued sideways on Monday. But atmosphere of thin ice was same.
"Good morning everyone."
"Good morning!"
"Did you come to work?"
On the other hand, KH Capital's atmosphere was better than ever. Although Monday morning hateful to go to work more than anyone to office workers, lingering imagery of intense trading last week was still hovering in trading department.
"Let's proceed with morning meeting."
"Yes!"
Focus of this meeting was trading settlement of last week.
"Last week we completed good transaction. Mr. Seong-won?"
"Yes, our company recorded profit in all trades maintaining long position. Yield total 78.2 percent, profit recorded 46.92 billion won."
Faces of Kim Ha-yul and Choi So-yeon who were not in seat at trading dyed with astonishment. Profit was profit, but yield was to extent reality disappeared.
"Recorded 91.3 percent profit in JP Morgan account and 52 percent profit occurred in IBKR account."
Yield of both accounts exceeded expectations.
"Regretful Morgan Stanley side account didn't open."
"Seems to be finished within this month."
Morgan Stanley couldn't match time. Must have needed time for that side to respond to Goldwin's shock announcement.
"Continue."
At Gang-hyeon's words Kim Seong-won continued report.
"Currently deposit of JP Morgan account became 76.52 billion won and deposit of IBKR side account swelled to 30.4 billion. Combining two accounts AUM became 106.92 billion."
Swelled to 100 billion range in less than a month from initial investment 60 billion. Combining cash held and etc. accomplished asset scale close to 300 billion. Gang-hyeon listening to report shed hollow laughter inwardly.
Expected to some extent, but hearing in reality no reality sense.
Trader handling 100 million scale operating money just few months ago now came to handle 100 billion range account. Could evaluate self as perfect first transaction. As finished transaction now time to share performance.
"Everyone good work. Because you guys were there could raise such profit successfully."
Not lip service. Couldn't do transaction alone. Since fund big had to put order dividing to each stock. If too much fund goes in at once position can be exposed so dangerous. Plus market movement was very fast. If moved alone yield would have decreased naturally.
"So plan to give 5 percent of this profit, total amount 2.35 billion won as bonus."
Ratio wasn't high. Investment companies sometimes gave incentive over 50 percent to prop traders. Comparing with such case 5 percent wasn't many. But no one disappointed.
If 2.35 billion won how much goes per person?
There will be difference per department, but still receiving few hundred million right?
Can I receive too?
Can receive, so spoke publicly in meeting right?
Even if differential distribution high possibility hundred million unit money comes in. From office worker position no better thing than this.
"If good performance comes out in future too will make big benefit go to you guys too. So everyone please work with strength."
"Yes!"
Voice carried in answer was different. Watching happy employees Gang-hyeon thought.
What can boost employee morale is bonus.
Since was general office worker himself until recently knew. That no good medicine like this.
Gang-hyeon looked at chart.
Nothing seen.
Checked various stocks alternately, but nothing emitting light. Just in case checked cryptocurrency market too. Result was same.
This side same too. Means no particular big movement at times like this.
Nothing urgent. Since impatience always led to loss in market. Plus enormous profit made his mind much more comfortable.
Market always gives opportunity. So just wait.
There were things to do.
"Will leave work a little early today."
"Take care!"
"Good work!"
Gang-hyeon coming out of office receiving see-off of employees hastened steps. Place arrived like that was fitness center near office.
"Welcome, first time?"
"Yes. Can register immediately?"
"Of course."
Word Professor Kim Min-jae said to exercise. Recalling that Gang-hyeon registered at fitness center.
Right, should exercise. What use earning lots of money? If sick everything in vain.
If sick cannot use even if lots of money. Continued registration recalling word that have to take care when healthy.
"Perhaps can register PT too?"
"Of course possible. Is there teacher you are looking for perhaps?"
"Please show profile."
"Here it is."
Thought about exercising alone, but since started wanted to do properly. Reason made up mind to cut PT too. Tablet handed from desk recorded photos and history of various people. Histories also all fancy. Certificates heard for first time also various.
Looking don't know.
It was when thinking just receiving recommendation not knowing who to choose.
Hm?
Stopped at profile of a man turning tablet PC.
"Ah, that person is temporary trainer. Not person to work long so can receive PT on weekly basis. If receiving from one person is good other person..."
"Will do with this person."
Cutting desk employee's words Gang-hyeon spoke. In his gaze looking at tablet PC red light shining from trainer's photo was seen.
[Former AFC Lightweight Champion]
[Former Rising Lightweight Champion]
Why does light shine from body of man with peculiar history called Mixed Martial Arts fighter? Curious about that.
JP Morgan Headquarters. John and Carter headed upstairs.
"Why called us?"
Carter asked with trembling voice. Upstairs place where only executives can go up. Team Leader John also place didn't go up many times during work period.
"Recently reported only that company in Korea, so must be that case. Don't have to be too nervous. Probably called to check few things."
Report has nothing wrong. Clearly profit of that account was strange and risk was sufficient. Putting up as monitoring account and checking all transactions was FM. Took such standard measure, no possibility tackle comes in from upper line. However.
"Why put up such account as monitoring account?"
Global Prime Brokerage General Executive Director Richard Blake whom they faced started story with reprimand. Unexpected question, but answer came out immediately.
"As written in report transaction started in that account is irrational."
"Win rate 100 percent, this is record can come out naturally if predicted rise in this market."
"Important thing is..."
"17 stocks taking position were top 17 stocks in yield in this rise. Is this it?"
"Correct. Recording this level profit is traders in top 1 percent in Wall Street too."
"That sound not meaning impossible."
"But...!"
"In my eyes this friend looks like Cash Cow. Golden Calf that will earn enormous money for us."
Richard Blake, who started as trader and rose to position of Executive Director of huge IB called JP Morgan currently, felt instantly seeing transaction details of KH Capital. Guy doing this transaction is not normal.
"Not normal person can earn big money in this floor. Then does trader with good skill earn? Not that either."
He said putting down report as if throwing.
"Earning money in this floor are guys with specialness. Guy like Michael of Scion is geek itself if viewed from outside. But such guys earn money."
Talents earning money are all special. In eyes of outsiders not understanding that specialness had no choice but to look strange.
"Don't put up as monitoring account but put up as special management customer and manage."
"Special management customer?"
"Right. Curious what this friend will do in future."
"Then if really insider trading or something like this..."
"Saying sound like insider trading even seeing these stocks now? Possibility small. By any chance if really wrong guy then cut off then."
Risk Team this was problem. Scared in advance even though thing didn't burst. Tendency became bigger after Nickel crisis.
"Do as I say."
At one word of General Manager eventually two people had no choice but to follow.
Gang-hyeon looked at man in front of eyes.
Wow... really big.
Received feeling body big and solid even at a glance. Seemed not able to rise to fighting champion for nothing.
"Since first time, shall we start with light physical test?"
"Yes."
Kang Chan-wook checked his current state testing Gang-hyeon's physical strength. Time of one hour passed instantly and Kang Chan-wook's conclusion reached was.
"Physical strength too bad."
"Huff... huff..."
No energy to answer. Said doing lightly but feeling like vomiting any moment.
"Think good to parallel basic weight training while raising physical strength for time being."
Physical strength failing score. Muscle also almost non-existent. Could be called typical body state of office man.
"B... by the way."
Gang-hyeon barely recovering physical strength spoke.
"I have herniated disc early stage. How should train this?"
"Hm, then won't raise weight a lot when doing weight and include training strengthening muscle near waist. When disc occurs have to disperse pressure applied strengthening surrounding muscles."
"Oh... professional."
"Haha, so doing trainer."
"When saw profile said Mixed Martial Arts fighter."
"Correct. Didn't see on TV? Broadcast went out quite a bit."
"Think saw."
Of course lie. Didn't have big interest in fighting. Degree watching highlight if Korean player comes out in EFC, currently most popular organization in world.
By the way why light shines from this man?
Red light. In stock market meant rise. And to person? Meant big inflection occurs in that person's life. If red color meant in good direction. When curious about reason, Kang Chan-wook spoke.
"Probably will broadcast this time too."
"Ah, going out to match?"
"Decided to go out to EFC Challenge."
"If EFC world best organization right?"
"Correct. Leveling up one step now."
Now knew reason. Why light shines from this man's body.
Become quite famous in EFC?
Became curious. Indeed what benefit this man can return to self.
"PT possible tomorrow too right?"
"Ah, of course. But didn't you say 3 times a week?"
"Just will do 5 times a week."
"Haha! Liked my training? Will roll fully from tomorrow!"
"Yes? No that..."
Didn't want that... Regret rushed a little.
"Ugh... dying."
One week receiving PT. Body was heavy as thousand pounds. Muscle screamed even receiving little stimulation.
"Uh? CEO okay?"
At Kim Ha-yul's question Gang-hyeon nodded smiling awkwardly.
"Walking a bit strange right? Because exercised suddenly."
"Oh my... don't overdo too much."
"Haha... thank you."
"Ah, and uploaded report related to AI side to cloud."
"Ah, yes. Good work."
At Kim Ha-yul's words Gang-hyeon entered his office immediately. And opened computer and executed report.
Wondered what report comes out since took quite time. Took long making report of this amount volume.
Gang-hyeon examined report slowly. Content about entire AI market to content per each sector was substantial. Turning to next page various stocks were seen. As stocks were seen soon black light spread like web and wrapped stocks.
Like coin time because one is connected to all businesses. Bubble industry connected in this way.
It was when defining black web and checking each stocks.
"Uh?"
Intense red light was coming out uniquely from one stock.
[Business Field : AI-based Autonomous Driving Cargo Truck]
[Listed Market : Nasdaq]
[Market Cap : 7.3356 billion USD]
[Company called Next Generation Tesla, Truck Version Nvidia. Unicorn company producing most meaningful performance in AI and Autonomous Driving theme.]
One of US best unicorn companies was shining red.
(End of Chapter)
— Translated by Prime Works —