A Wall Street Genius's Final Investment Playbook

Chapter 37

"Just friends?"

I asked back with the most innocent eyes I could muster.

Gerard loosened his grip on my hand and smiled faintly.

"Ah, Rachel mentioned she doesn't have any particularly close friends. She said everyone is just… friends."

Gerard offered his explanation and then turned his head abruptly toward Gonzalez. His sharp gaze was reading Gonzalez’s expression.

"Shall we head inside then?"

Finishing his observation, Gerard smiled and led us indoors.

"Did it take long to get here?"

The small talk began, but I didn’t need to pay attention.

"No, luckily there wasn’t much traffic…"

"Really?"

"I expected it to take 40 minutes, but we arrived in exactly 27 minutes!"

Dobby efficiently answered every question, leaving no room for anyone else to interject. His quick responses made my silence seem natural.

I used this gap to organize my thoughts.

Just friends.

That was Rachel’s phrase. Gerard was

"M&A? That’s an interesting department. Which industries do you usually work with?"

"We cover a wide range of industries."

"Still, isn’t there a focus area?"

"Not really. Investment banking is broadly divided into industries and product groups. M&A falls under the latter…"

Dobby launched into a detailed explanation, but I nudged him lightly with my elbow, making him pause.

"Oh, sorry. This must be boring for you…"

"Not at all. It’s fascinating since it’s a field I know little about. Please, go on."

Judy smiled encouragingly. It didn’t seem like mere politeness—she genuinely appeared interested.

"Industry-specific expertise is handled by the Industry Group, which focuses on areas like tech, retail, and media telecom. Meanwhile, Product Groups specialize in financial products like M&A, bonds, and leveraged finance. For instance, if a tech company is conducting M&A, the Tech Group and M&A Group would collaborate to handle…"

Dobby continued his overly thorough explanation, but Judy’s eyes reflected genuine curiosity. She wasn’t just pretending to listen; she truly wanted to know.

That meant she had an interest in management. However, the basic nature of her questions suggested she had no direct experience in the field.

For several more minutes, Judy focused intently on her conversation with Dobby. The topics all revolved around M&A. Eventually, she turned her gaze toward me and Gonzalez.

"You two don’t seem like Americans…"

"My family is originally from Mexico," Gonzalez replied.

"Mexico? Then are you in the U.S. for your studies?"

Judy seemed particularly interested in Gonzalez, her demeanor noticeably different from when she had asked about our departments.

"Is she responding to the mention of Mexico as a location?"

"And you?" she asked, turning to me.

"My family is originally from Korea."

"Oh, really?"

"But I immigrated at a young age and am now a U.S. citizen."

"I see."

I deliberately dropped “Korea” into the conversation, and her eyes lit up for a moment. However, the mention of being a first-generation immigrant quickly extinguished her interest.

Judy’s gaze shifted to her wristwatch, her earlier curiosity completely gone.

"Old folks like me would just spoil the fun for you young people. Dinner will be at five. Rachel, why don’t you give them a tour before then? We’ll talk again at dinner."

Judy left after saying those words.

It was a rather abrupt exit. However, even that carried meaning. True wealth doesn’t waste time.

Judy had shown interest in only two areas: ‘departments' and ‘regions.'

It wasn’t about verifying the friends approaching her daughter. Instead, it felt like she was evaluating which of her daughter’s acquaintances might be worth leveraging.

Given her novice-like curiosity about management…

She might be looking for suitable talent among the Goldman employees. It wouldn’t be unusual. After two years at Goldman, employees often get headhunted by companies eager to poach them.

Ideally, it would be someone who has a personal connection with her daughter—someone she can bring in with a degree of trust and groom further.

Mexico and Korea are emerging markets. If she’s interested in those regions, it might mean her family operates a global business with multinational ambitions.

I had only collected a few puzzle pieces, and forcing them together would just lead to baseless speculation. It wasn’t the time to form a big picture yet. For now, I had to focus on gathering more clues.

“A tour? Well… why don’t you all follow me?”

At Rachel’s words, we all rose from the sofa. Rachel scanned the group and frowned slightly.

“Why are you coming?” she asked Gerard.

“Why can’t I?”

“You don’t need a tour.”

“Do you think I’m tagging along for the tour?”

Both of them smiled, but sparks flew. An invisible battle of wills was unfolding.

Gerard, searching for the “just friend.”

Rachel, trying to protect that friend.

“What are you waiting for? Lead the way.”

“Fine, let’s go.”

The victor was Gerard. Since he insisted on joining, Rachel had no excuse to stop him.

The tour began with the library.

“Wow, this place feels completely different.”

“It was recently remodeled…”

Unlike the classical-style drawing room, the library was a strikingly modern space. If the drawing room epitomized grandeur, this was the essence of minimalism.

A quick glance revealed that the books lining the shelves were all old editions—first editions, in fact. The library alone was likely worth several million dollars.

“Is that… Van Gogh?”

“Oh, yes. It is.”

Even the paintings adorning the walls were authentic. Each radiated the unique aura only genuine masterpieces possess. There were over a dozen such works, each worth tens of thousands of dollars.

In the basement, there was a wine cellar encased in glass, a mini movie theater, a swimming pool, a bowling alley, a gym, and a billiards table.

After a tour of the basement, we stepped outside to circle the mini golf course and outdoor pool.

“What’s that building?”

“A guest house.”

“It’s pretty big.”

“It has three bedrooms…”

Rachel stuck close to her female colleagues, never once glancing my way. Gerard loitered near her, seemingly continuing his search for the “just friend.” Meanwhile, I blended in between Dobby and Gonzalez, moving inconspicuously. Even if Rachel’s gaze did wander in my direction, it wouldn’t necessarily land on me.

“Wow, this is incredible… Did you know about this?” Dobby asked.

“Nope.”

I gave a half-hearted answer, but at that moment, I noticed Gerard approaching Rachel.

“By the way, Rachel, didn’t you say you were close to someone in the same department as you? There’s no one here from your department, though.”

“What?”

Rachel froze.

There was no one from her department in this group. The closest connection was me, who had worked with her for a few days during a temporary assignment.

But revealing that would expose my identity. On the other hand, lying would only make things worse when the truth inevitably came out.

As Rachel looked flustered,

“Oh, that would be me.”

A bold voice chimed in next to me. It was someone I had shared lunch with once—a guy whose name, if I remembered correctly, was Jim.

“Aren’t you in the Tech department?” Gerard asked, skeptical.

“I am now, but during my internship, I rotated with Rachel through Tech, FICC, and Industrials.”

Jim was volunteering himself as the "just friend," completely unaware of the implications.

“Not last year, but this year.”

“That’s unlikely. It’s rare for multiple newcomers to be placed in the same department. We don’t hire that many people in the first place…”

Lucky me.

Jim was unknowingly throwing up a smokescreen, giving me a chance to breathe and regroup.

In any case, the tour had yielded no meaningful clues. No family photos, trophies, or objects hinting at a specific company were displayed anywhere. Still, I did pick up on a few things:

It was evident from the house’s interior. The mother’s spaces were classic, while the father’s were modern. In a shared home, one might expect some compromise, but instead, they had stubbornly decorated their respective areas according to their own tastes. The result was a mismatched chimera of conflicting styles.

There’s a difference between staying in the drawing room and being shown around the house. Sure, I had vaguely realized upon entering that Rachel’s family was wealthy. But seeing the gold embellishments throughout the property made it strikingly clear just how rich she was.

The tour also changed how some colleagues viewed Rachel. By the end, their gazes were filled with awe and reverence. It wouldn’t be long before rumors of Rachel’s immense wealth spread through Goldman.

She couldn’t be oblivious to this. Maybe that’s exactly what her mother wanted.

I suspected the reason was scouting. If Judy were looking for talent, she’d likely drop a company name during dinner.

“How about a round of bowling?”

With some time to kill, we headed back to the underground bowling alley. The group split into teams by gender, getting surprisingly into the game.

As for me? I was simply waiting for time to pass. Every hour felt like a day, but the clock was mercifully ticking forward.

Finally, it was dinner time.

As we entered the dining room, Judy was already seated.

“You must be hungry. Please, take your seats.”

The long table was set for twelve. We weren’t seated randomly; each spot had a name card indicating its assigned occupant. Even this was a clue.

Seating arrangements always carried meaning. The closer a seat was to the host, the more significant its occupant.

My seat, along with Dobby and Gonzalez, was positioned quite prominently.

And the person sitting next to me? A colleague from the Retail department.

Retail wasn’t exactly a hot field like Tech. Yet, placing someone from Retail in such an important spot suggested there was a good reason for it.

If Judy was scouting talent, this might be a clue.

Automatically, my mind ran through a list of the top ten wealthy families associated with retail businesses. Only two names stood out.

Both were at the very top.

One was the Walton family, owners of a globally renowned supermarket chain, firmly holding the number one spot.

The other, ranked third…

“Mother, may I bring out some wine?”

Gerard’s voice snapped me out of my thoughts.

“Wine? There’s already some…”

“It’s a special occasion, so I thought we’d need a special wine.”

Judy seemed mildly skeptical but eventually nodded. Gerard began walking—not toward the door, but toward me.

I thought, No way. But sure enough, he stopped right in front of me, placing a hand on my shoulder.

“Hey, buddy. Want to help me pick out the wine?”

This was… odd. We hadn’t exchanged a single word during the tour.

“I’m not very knowledgeable about wine,” I replied.

“That’s fine. I know plenty about wine. I just need some company.”

Gerard turned his head toward Rachel, flashing an awkward smile.

“That’s okay, right? He’s ‘just a friend.’”

Damn it. He knows.