The Overly Competent Junior Employee

“Is this the report written by Yoon Dokyung?”

In the WM Division Head’s office at Yuseong Investment Securities headquarters.

Seongnam Branch Manager Ryu Tae-hwa had come at Sim Ju-won’s summons and handed over the report Dokyung had given him.

“Yes, that’s correct.”

At Ryu Tae-hwa’s answer, Sim Ju-won picked up the report and opened the first page.

“Gaon Medical?”

“You seem to know it.”

“Of course, I’ve been in the field for a long time. It’s a familiar stock.”

Sim Ju-won said this and continued reading through the report.

The report concisely listed the reasons for recommendation and potential future issues.

“This guy seems to have written quite a few reports.”

It was a report written so simply that even someone unfamiliar with the business could understand and read it.

“That seems to be his natural style. He posts outlooks in the group chat every morning, written similarly to reports.”

“Is that so? There’s certainly a difference in experience between those who have and haven’t done personal investing.”

These days, many employees joining securities firms didn’t know the first thing about stocks. As a result, it took a long time just to educate them about stocks, and without personal investment experience, they struggled to explain things to clients.

“I’m experiencing that these days.”

Sim Ju-won chuckled at Ryu Tae-hwa’s words.

“Well, you weren’t originally hired to work in the field. Anyway, this is quite interesting.”

“Yoon Dokyung-ssi believes there’s a high possibility that Gaon Medical’s stock price will rise even in the short term.”

“It’s written in the report too. Soon…”

“It’s the earnings announcement period. He expects sales growth in the earnings announcement, as they’ve started exporting to China in earnest since the beginning of this year.”

“I agree. Especially since it’s not a pharmaceutical stock but a medical device industry, everyone will see it as having a bright future…”

“Plus, since it’s a beauty-related business, there seems to be quite a demand from China.”

Sim Ju-won stroked his chin and walked to his desk.

He then picked up a file folder and came back, placing it in front of Ryu Tae-hwa.

“I need Seongnam to handle this.”

“May I ask what it is?”

At Ryu Tae-hwa’s question, Sim Ju-won gestured with his chin as if to say ‘look at the contents’, and Ryu Tae-hwa picked up the file folder and opened the first page.

His eyes widened.

“Th-This is…”

“It’s TO’s account. I’ve liquidated the M-Biogen stocks today, but I was at a loss.”

“The Chairman…”

“Yes, he called me in and wants the principal recovered.”

“Why he invested based on Gwangjin Group Chairman Seo’s words…”

“It was because of inheritance tax. Don’t mention this anywhere.”

Ryu Tae-hwa nodded as if he finally understood at Sim Ju-won’s words. He had thought there must be a reason for investing such a large sum.

“To recover the principal, we need about a 20% gain. Is that possible?”

“The time frame…”

“Three months.”

The market had been trapped in a box for so long it was tiring to even talk about it.

Achieving a 20% return in three months would be a tough battle.

Usually, even an average annual return of 20% would be considered impressive.

“I’ll entrust it to Yoon Dokyung-ssi.”

But there was someone at the Seongnam branch who could achieve a 20% return within three months.

“It seems this should be kept secret.”

“Although he’ll know when he sees the name, I won’t mention it myself.”

“Alright. I’m sorry for making such a request.”

“Rather than apologizing, please praise Yoon Dokyung-ssi when the job is done.”

Sim Ju-won nodded at Ryu Tae-hwa’s words.

“Okay. I’m counting on you.”

“I’ll take my leave now. I’ll report on the situation weekly.”

Ryu Tae-hwa stood up as if time was of the essence, bowed his head in greeting, and Sim Ju-won also stood up and patted Ryu Tae-hwa’s shoulder.

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“This client, I think Dokyung-ssi needs to handle it.”

Ryu Tae-hwa called for Dokyung as soon as he returned to the branch, and Dokyung was overwhelmed as he was handed documents immediately upon entering the room.

“May I look at it?”

“Yes. As I said, this is a client Yoon Dokyung-ssi needs to handle.”

At Ryu Tae-hwa’s words, Dokyung received the file folder and opened it, revealing the client’s requirements and funds.

“A 20% return within three months?”

“Yes, is it difficult?”

“Isn’t it difficult? And the amount…”

Dokyung couldn’t help but be surprised at the deposit amount in an account he had never seen or handled in his life.

“This is a VVIP client of our securities firm. It’s the money that was invested in M-Biogen I mentioned recently.”

“Ah, could it be the person Branch Manager was managing…”

“Yes, that’s right. The principal was 50 billion won, but due to a delayed response and today’s fall, they’ve suffered a 20% loss.”

Dokyung couldn’t hide his surprise. While branch managers typically manage high-net-worth individuals, a client with this amount would be rare even at the Leaders branch.

“20% in three months. Can you do it?”

“But I don’t know the client’s investment tendencies. It just says the client wants to recover the principal.”

“Isn’t that better?”

“Pardon?”

“I think it’s a good opportunity to show Yoon Dokyung-ssi’s skills.”

At Ryu Tae-hwa’s words, Dokyung fell into contemplation. Of course, as he said, it was nothing short of a great opportunity.

It was about recovering the principal by just trading a large sum.

It was a call to demonstrate his skills to the fullest.

“Regardless of the client’s investment tendencies. The client wants only one thing: principal recovery. There will be no interference in the method. However.”

“……”

“It must be done legally, no futures trading. Only stock trading is allowed.”

“Then, situation reports…”

“Daily, to me.”

At Ryu Tae-hwa’s words, Dokyung pondered for a moment before nodding with a determined expression.

“I’ll do it.”

“Good. Let’s start right away.”

“Yes, understood.”

Dokyung bowed his head in greeting and left the branch manager’s office, and Ryu Tae-hwa, watching him leave, took out his mobile phone.

“This is Ryu Tae-hwa. Yoon Dokyung-ssi has agreed to take it on.”

⊰⋆⋅⭑⋅⋆⊱⊰⋆⋅⭑⋅⋆⊱⊰⋆⋅⭑⋅⋆⊱⊰⋆⋅⭑⋅⋆⊱⊰⋆⋅⭑⋅⋆⊱⊰⋆⋅⭑⋅⋆⊱⊰⋆⋅⭑⋅⋆⊱⊰⋆⋅⭑⋅⋆⊱⊰⋆⋅⭑⋅⋆⊱⊰⋆⋅⭑⋅⋆⊱

“How many zeros are there.”

Returning to his room, Dokyung was checking the documents he had received. Truly, an account containing money he thought he’d never even touch in his lifetime was now in his hands.

[Available deposit: 40,064,233,870 won]

“If they had invested in a normal stock, they could have just held on…”

Dokyung regretted that the chosen stock happened to be Biogen.

With the original investment of 50 billion won, even a 10% rise would have meant a profit of 5 billion won.

“It seems they needed money in a short time…”

Dokyung got a hint from his conversation with Ryu Tae-hwa. The client was asking to recover at least the principal within three months.

In other words, they had a need for money in the short term and had invested funds to make a profit.

“It’s not for me to worry about…”

Dokyung shook his head, feeling he might be overstepping, and began composing the portfolio.

“In the current situation, putting everything into one stock or sector is suicidal…”

The market was trapped between 2200-2400 on the KOSPI, unable to break out either up or down.

It was a typical boxed market, and in such a market, it was necessary to diversify investment targets and have the courage to exit quickly when some profit was made.

“50% in Gaon Medical.”

Dokyung chose Gaon Medical as the main stock.

The earnings announcement season, known as the flower of the stock market, was coming soon. Of course, questions like “Is the Korean stock market even related to earnings announcements?” were floating around the market.

It was natural to be skeptical when stock prices moved in the opposite direction even with good earnings.

“But what I’m expecting is what happens after the earnings…”

Dokyung thought that stock prices falling after earnings announcements was because they came out as predicted.

The market predicts a company’s sales.

In times like now when the economy is bad, achieving predicted sales is already doing well, but what about the next time? They view it anxiously.

But companies that achieve market predictions and show more give faith that they will grow even more next time.

Dokyung was looking at that next time.

“The goal is principal recovery, so hedging…”

Hedging refers to a device to avoid risks that might occur in the future.

In other words, it meant including stocks in the portfolio that profit in a falling market to offset losses.

“That’s it.”

Dokyung looked up at the clock and saw that it was well past quitting time.

He had been so focused on composing the portfolio.

“I should report this.”

Dokyung considered the time for a moment but thought it would be better to report on the portfolio composition since Ryu Tae-hwa was concerned about this client.

[Me: Branch Manager, I’m sorry for the late hour.]

[Branch Manager Ryu Tae-hwa: It’s not that late. What’s the matter?]

The immediate reply suggested that Ryu Tae-hwa had been waiting for the report.

[Me: I’ve composed a portfolio of five stocks for the VVIP client you entrusted to me. I’ve sent a detailed report by email.]

[Branch Manager Ryu Tae-hwa: Good work. I saw the light was on earlier… Head home quickly.]

[Me: Yes! I’ll see you tomorrow. Have a good evening.]

Having finished his report, Dokyung stretched widely.

“I hope this goes well.”

Then he began to read through the portfolio he had composed again, concentrating on whether there were any loopholes.

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“The return rate as of today is +8%.”

A month later, Dokyung was in the branch manager’s office, reporting on the trading situation over the past week.

It had already been a month since Dokyung took over the account, and this was the fourth weekly situation report.

“I know how amazing it is to have an 8% return in this difficult market.”

Ryu Tae-hwa looked at Dokyung, nodding as if to say he had worked hard.

“Especially Gaon Medical is showing solid movement.”

“Yes, it’s showing the most reliable movement in most clients’ portfolios.”

“Good work. The earnings announcement period is in two weeks, right?”

“Yes, since I composed the portfolio to align with the earnings announcement period, if there’s a certain level of profit, I plan to liquidate all those stocks.”

“Good. As I said, what the client wanted was principal recovery. I think that would be best.”

Ryu Tae-hwa pushed the report to one side of the desk and looked at Dokyung.

“It must have been a difficult request, thank you.”

“Not at all. It’s rather interesting. I wondered when I’d ever get to handle such a large sum.”

“Do you have any questions?”

At Ryu Tae-hwa’s words, Dokyung hesitated for a moment before opening his mouth to ask something he had been curious about for the past few days.

“I saw the client’s name. Could it be…”

“There’s probably more than one Yoon Dokyung in Korea.”

“Ah. I see.”

In truth, Dokyung had been curious because the client’s name was the same as the Yuseong Group Chairman’s.

But if it were the group’s chairman, it wouldn’t have come to him, and there were more skilled traders in the securities firm who could have handled it.

“Anything else?”

“No, nothing. They’re not things I should be curious about.”

Ryu Tae-hwa nodded at Dokyung’s words. He and Dokyung had many similarities.

Even if they were curious, they knew well the line of what they needed to know. When dealing with clients, there was no need to be curious about anything other than the client’s tendencies and what they wanted.

That’s why he had entrusted this task to Dokyung.

Buzz-

“It seems to be a call from the client. You can take it.”

As Dokyung’s mobile phone vibrated, Ryu Tae-hwa said this, and Dokyung bowed his head in greeting as he took out his phone from his pocket.

“It’s not a call but a message… Oh?”

“Is something wrong?”

As Dokyung startled, Ryu Tae-hwa also became alarmed and looked at Dokyung.

“B-Branch Manager.”

“What’s the matter?”

“Gaon Medical has announced voluntary delisting.”

At Dokyung’s words, Ryu Tae-hwa’s eyes gradually widened.