Chapter 25
Chapter 25
Chapter 025 of the Black-Haired Investor Awakened as a Superhuman
==========
Just as there are twelve constellations embroidered in the sky.
There are twelve major players established on Wall Street.
People refer to these investment banks as the largest and most influential in the world.
12 Bulge Bracket
Like Goldman Sachs, Barclays is also one of those companies.
"Welcome."James Stewart, Head of Asset Management at Barclays.
At 60 years old this year, he still had a healthy and vibrant appearance, but the traces of the burdens of time were evident on his face.
"It's been a while since we last met." Mr. Stewart."When did we ever meet?""He squinted his eyes and asked."
"I met you four years ago when you came to give a lecture at Wharton School."He seemed to ponder for a moment, slowly nodding his head.
But there was no way I would come to mind.
Remembering a person who was mixed in with a crowd of over 300 listeners is something only a brain awakener can do.
In fact, the opposite is true as well.
Over the course of two years, there have been more than 20 lectures by such big names at Wharton School, so recalling one of them accurately was something only a brain enhancer could do.
Bang!
Fragments of memory clicked into place in the mind.
Snap!―
"It was a lecture on Friday, September 2, 2016, at 2 PM."As I finished speaking, surprise spread across his face.
He seemed at a loss for words, unable to speak, and stared at me intently.
He was noticeably trying to hide his embarrassment as he lightly fiddled with his tie with his fingers.
"Do you remember that...?"His bewildered gaze scanned me again, as if it were trying to retrieve the unfamiliar listener from the old lecture.
But I might not even remember if I gave such a lecture.
"He gave a lecture on the topic of asset allocation strategies and applications for a diversified portfolio.""Still, his gaze was wavering."
"In particular, I was deeply reflecting on the advice that Mr. Stewart had mentioned regarding the application part. Wear appropriate shoes when the road is slippery. If you let your guard down, you can fall.
(Wear appropriate shoes on slippery paths. Neglecting this can lead to falls.At last, his expression gradually relaxed.
"Oh, is that so?"He looked at me and couldn't hide his surprise once again.
"I remember giving that advice during the lecture." Do you remember that?"Of course." Why not?I continued with a smile.
"That lecture was really impressive." Especially for me, who was a younger junior at the time, Mr. 's lecture that day became a significant compass for me to get to where I am now.
I would like to take this opportunity to express my gratitude once again. Mr. Stewart."He seemed to look at me anew, slowly scanning me once again."
Until just a moment ago, the gaze that was filled only with curiosity towards the newly emerged rookie, at this moment.
It was gradually transforming into a much warmer and deeper affection.
His emotional changes were also reflected in his warm voice, as if he were speaking to an old friend.
"Thank you for remembering my lecture that way, it means a lot..."His voice was low and soft.
"Rather, it is I who should be thankful."He smiled and leaned towards me. It was a gesture that his heart was completely open.
If this situation were a game.
That conversation must have instantly maxed out the level of affection.
The meeting went smoothly.
The highest negotiation proposal initially presented was a 10x leverage with a profit distribution of 15%.
The conversation proceeded smoothly, successfully bringing down the profit distribution rate to 5%.
However, I did not stop there.
I must have maxed out my likability, so I thought it would be okay to be a little more greedy.
"If this contract is signed without any conditions, I believe we can establish a long-term good partnership with Barclays.""That's what we at Barclays hope for as well."The weight class difference was clear.
Barclays, which moves 1 trillion dollars, is a giant in the global financial market, and I am just a rookie worth 100 million dollars who has just begun to gain attention.
Nevertheless, it was clear why giants like Barclays were paying attention to me.
My growth potential.
It is because my analytical skills and decisiveness caught their attention.
"With 10x leverage, a drop of just 9% will trigger a margin call." If the market drops that much, Mr. Hyunwoo will lose all his wealth and reputation and will be expelled from the street.He opened the discussion with obvious facts.
"But.""He continued with a smile."
I saw Hyunwoo's Corona Report. I can't believe that was written earlier this year.
It stood out with outstanding analytical skills, as if it were a report written by a virus expert. Did you major in medicine?"That's not the case."His smile became even more satisfying.
"So I believe that this time, too, he is not someone who will recklessly escalate risks to an extreme." I know Hyunwoo's personality well.I lightly nodded my head and waited for the main point that was about to follow.
"But you know that it's not enough just that." We also need to know which market Mr. Hyunwoo will invest in. If you want to borrow our Barclays money without any conditions."Strictly speaking, there are conditions." Because it secures collateral.
As mentioned earlier, with 10x leverage, even a 9% drop is enough.
They will immediately sell my collateralized assets to collect their money.
That's a margin call.
The risk I take.
On the other hand, Barclays faced risks where they couldn't properly sell off their positions even when margin calls occurred.
For example, it led me to this place.
The VIX market was just a small market where a lot of money was not concentrated.
In such a market, even if $900 million worth of assets are liquidated through a margin call at once, only half of that money will be recovered.
Because of such cases, they wanted to know where their money was being invested.
To know if they can safely collect their money in case of an emergency.
He released his hands, which had been clasped as if to say it was now my turn, and placed them on the table.
Upon reconsideration.
It wasn't a bad choice to take Barclays as a long-term partner among the 12 giants of Wall Street.
Then it was right for me to show at least a little of the cards I had.
"That money will be invested in the major market." Your money can be safely collected. Just a very small part.
"The major market also has various types.""This is Nasdaq.""Is this another investment in index stocks like TVIX?""As expected, he was hoping for a more specific answer."
Asking investors to reveal their investment picks is honestly crossing a line.
The one at a disadvantage was me, who came to borrow their money.
"I plan to accumulate a stock that is close to the top 10 of the NASDAQ."
Those who know will understand just by saying this.
In effect, it was a declaration that they would invest in Tesla (TSLA).
As expected, he seemed to catch on immediately.
He started to lightly tap the corner of the desk, and soon finished the calculations.
Finally, after finishing signing the contract, he reached out his hand to me.
"Good." 10x leverage. Approval granted."Thank you.""Okay."
This is a handshake regarding the completion of the contract between individual Hyun-woo Na and Barclays.
After exchanging the contracts, the other contract occupied the empty space.
This time it's AlphaMind vs Barclays.
"AlphaMind plans to raise 1 billion dollars?""Yes."He answered concisely.
"There are many people who are very interested in Hieon right now." Our Barclays is the same. Can I get a rough idea of the investment conditions?"We are hosting ten teams with 100 million dollars each."His gaze changed interestingly.
"Mr. Hyun-woo was a person with big ideas." Very good. If you want to go far, it's important who you go with.A strange aftertaste lingered in his words.
This person had lived on Wall Street for half of their life.
Someone with that level of experience would have been able to understand my intentions immediately.
The true purpose of AlphaMind is not simply profit, but to secure a powerful ally.
He read that my ambition is not just about money.
"Then one of the ten seats was allocated to Anthony Noto... so there are nine seats left?""That's right.""Can you make a place for our Barclays there?""There is something you need to know before that." AlphaMind is planning a 55% performance bonus. If you are okay with it being far above the industry average, of course.Instead of hardening his face, he actually smiled.
"The rumors were true." This is really something, I feel like I'm getting younger too. These days, it has become rare to see someone who makes such bold demands."He said it with a smiling face."
"Let's do that." Take on many challenges and grow a lot. I will look forward to it."He spoke as if it was all over, but I was still there."
"Position Confidentiality and Margin Call Handling Agreement"
I have taken out the additional contract.
The smile disappeared from his face when he saw that.
Originally, Barclays has the right to look into my positions in order to handle margin calls in exchange for lending me money.
However, this contract prevents me from looking directly into my position.
This is a contract that forces the collection of only specific data, such as yield, so that margin calls can only be processed systemically.
He looked at me with a stunned expression, alternating his gaze between the contract and me, and then spoke.
"I feel like we've finally become true partners, partner.""That day, I, Hyun-woo Na, was able to borrow 900 million dollars with 100 million dollars as collateral."
The corporation AlphaMind has finalized an agreement to borrow 3 billion dollars with a collateral assumed to be 1 billion dollars, and has decided to accept investment funds from Barclays.
There are only eight spots left in AlphaMind now.
[ Barclays Bank (@Barclays)
We are proud to announce that as part of our portfolio diversification, we have made an investment in @AlphaMind_1999.
We are proud to announce that, as part of our portfolio diversification, we have begun investing at @AlphaMind_1999.]
└ @Anthonynoto : Welcome Barclays.
└ @CharlesSchwab : What?!
A small commotion that happened over the weekend was heating up the excitement for today's investment briefing early on.
However, there was another task that was just as important as the investment briefing.
I finished a 10x leverage contract yesterday, so now it was time to seriously take a position.
From now on, today's high will become tomorrow's low.
As soon as I entered the office, I pressed the power button on the desktop.
The monitors all turned on at once, filling the screen with the Bloomberg Terminal.
The Bloomberg Terminal, which requires an annual subscription fee of twenty thousand dollars, is an essential tool that must be equipped on the street.
"Nice to meet you, terminal.""The basic weapon that I couldn't touch since I resigned is finally in my hands."
As if it understood my words, the right monitor quickly updates the real-time charts of the S&P 500 and Nasdaq indices.
Next to it, the exchange rate fluctuation chart began to move along with the news feed from the Bloomberg Terminal.
However, the most important screen among these is the Tesla stock chart displayed on the central monitor.
Right here.
[ Tesla (TSLA) ]
The next battleground.
Once again, the dream stage that will quantum jump me.
Then, let's start the gathering.