A Wall Street Genius's Final Investment Playbook-Chapter 275 : The Invisible Hand (10)

A week later.

Gooble was experiencing an explosive boom.

That’s because capital drawn by the "invisible hand" had surged in like a flood.

It all started with the macro funds.

<PSI Fund: “AI is a battle of execution.” Doubling down on Gooble>

<Obelisk: “Betting on Gooble’s momentum — Corporate AI landscape is shifting">

<Legendary macro investor Barzen names ‘Gooble’ the AI winner・・・>

Five top-tier macro funds all took simultaneous positions in the Gooble camp.

This sent shockwaves through Wall Street.

—Not just one or two — but those top-tier names all moved at once?

—They must truly believe the entire market landscape is shifting...

—So they’re interpreting this as a public infrastructure platform, not consumer tech.

—Do we need to respond too?

Such coordinated moves by well-known funds mean more than just new positions.

They serve as powerful signals fired across the entire market.

And the first to react to that signal were the investment banks.

Almost as if they had been waiting for this moment, they rushed to release reports.

<Goldman Saxon: “Now’s the time for reinforcement learning-based monetization” — ‘BUY’>

<Morgan Stanley: “AI infrastructure investments now equate to competitiveness"... Raises price target to $830>

Ordinary people often mistake these reports for “prophecies” predicting the future.................

But that’s far from the truth.

Investment banks aren’t pioneers of the future — they’re followers that document and organize the flow of capital.

They purposely observe the moves of large institutions, then publish their reports slightly after the fact.

There are two reasons for this.

First, analyzing what’s already happened is far more accurate than predicting what might happen.

Second, the true purpose of these reports isn’t to forecast the future.

In reality, these reports are more like “permits.”

Essentially, they’re signals saying, “You’re now allowed to invest.”

Once that permit is issued, the capital starts moving.

Like a dam bursting.

For example.................

At a hedge fund on Wall Street.

They had long wanted to take a position in Gooble’s AI, but the PM there was held back by a hurdle: “internal approval.”

Intuitively, he believed it was the right move — but lacked the persuasive evidence to back it up.

Now, he finally had a concrete justification.

“Goldman Saxon just raised their Gooble price target. And Nomura, too...............

Until now, it had been nearly impossible to secure a ‘rational basis.’

But now he had it — and that allowed him to open a new position or expand an existing one.

Meanwhile, as capital from that fund flowed into Gooble...

At another fund, a different PM wrestled with his own dilemma.

“What should I do...?”

His hand hovered over the calculator, torn about whether to invest in Gooble.

He was interested — but not convinced.

‘What if I bet wrong and take a loss?’

That responsibility would land squarely on him — the PM who failed in analysis.

So he hesitated, unable to pull the trigger.

Then suddenly—

News broke.

“Apparently, all the investment banks just flashed a green light?”

Reports about Gooble were universally positive.

This meant the weight of responsibility on him would ease considerably.

Even if it failed, he could argue, “It wasn’t just us — the entire market read the signal wrong.”

With a relieved expression, the PM made his decision.

“Take the Gooble position.”

But not everyone was in a comfortable place.

“Well, damn... This is tricky.”

These were the funds that had no real interest in Gooble.

But with all of Wall Street’s investment banks predicting a rise — and heavyweight funds rushing to secure positions — it was hard to just stand idly by.

‘And if Gooble really does blow up?’

Investors would lose their minds.

Why didn’t you follow such an obvious trend?

All the reports pointed to the same answer — how could you ignore that?

No excuse could cover that line of questioning.

“Take a Gooble position. Just minimally.”

This buy had no strategy, no conviction.

It was purely a hedge — just in case those reports turned out to be right.

A move made with only one goal in mind: plausible deniability.

It was classic FOMO buying.

But regardless of the motivations...

Wall Street’s capital, entangled in various interests, poured into Gooble.

And the effect was immediate — stock prices surged.

750.23...........

827.94......

910.41......

In just four days, Gooble’s stock jumped from $750 to over $910.

That meant the report’s “upward revision” was spot on.

Well, it had to be.

Because the report itself was the signal.

Its content didn’t matter.

The key point was simply that it was published.

However, retail investors — the so-called “ants” — interpreted things differently.

They believed in the “story” written inside the reports.

—Gooble +18% — I couldn’t believe my eyes............ This report was a real prophecy!

—RL era is here! Reinforcement Learning prints money like a printer!!!

—Boarding now before the Gooble elevator hits floor 1000! Get on!!!!

Persuaded by the story, these investors were the last to enter.

But by that time, Gooble’s stock had already plateaued.

At $910, it had already fully priced in all the positive news.

Sure, if Gooble had touted some world-shaking “revolutionary innovation,” another bubble might have formed...

But what they brought forward was dreadfully dull:

“An AI system that improves corporate efficiency.”

That topic was far too unromantic to spark a bubble fueled by hype.

Still, thanks to those bank reports, the investment heat around Gooble remained high.

―This is basically math: AI + RL + Gooble = Financial Freedom

—RL is the future! Reinforcement Learning = Reinforcing my bank account! So why is it so slow............

—This thing’s not just slow — it’s crawling. Slower than the mail.

—If this were real reinforcement learning, it would’ve already broken resistance and shot into space. Right now, it’s just building momentum.

But without institutional participation, the price couldn’t move any higher.

So capital began to shift course.

Having peaked, Gooble was now being passed over in favor of still-unopened “new” opportunities.

And when investors unrolled their next map...

They found Gooble’s supply chain.

Infrastructure powering the computations.

Tools and frameworks running the algorithms.

Cluster systems maintained by power and cooling.

If Gooble surged, these would benefit too.

Thus, capital began shifting quickly — not to Gooble itself, but to Gooble-related stocks.

Then, in that very moment—

Ha Si-heon made his move.

<Pareto Innovation increases stake in Envid... 8% → 9.3%>

And as the news broke, someone watched with a quiet smile.

***

“He’s finally moved.”

A middle-aged man folded the newspaper with a gentle chuckle.

His name was Alaric Stein.

He was the head of Obelisk Macro — known across Wall Street as the “Tsar of Timing.”

That title was earned when he successfully bet against the Russian ruble in the 1990s through massive short positions and currency swaps.

But even the Tsar had once been blindsided — by none other than Ha Si-heon during the Chinese yuan crisis — and suffered major losses.

Now, Stein rolled up the newspaper in his hand...

Slowly — very slowly — and crushed it.

"Returning the favor is only proper, isn't it?"

Wall Street never forgets the one who causes a loss.

Here, revenge isn’t a choice — it’s a requirement. No, an obligation.

But that revenge is never emotional.

Revenge without profit is considered nothing more than inefficient emotional labor in this world.

The optimal timing for revenge, according to Wall Street, is only one:

—When you can make money and get even.

And right now, that moment had come — perfectly, precisely.

‘I still don’t get it. Why bet on Stark instead of Gooble...............?’

To anyone watching, Gooble was the clear winner.

Overwhelming infrastructure, massive capital, a global-scale ecosystem.

And yet, Ha Si-heon was betting on Stark.

Where was that confidence coming from?

‘Whatever the reason............’

This was an opportunity.

A chance for revenge.

With that conclusion, Stein didn’t hesitate to expand his stake in Gooble.

And it wasn’t just his decision alone.

At that moment, Stein — along with the entire macro faction of the Triangle Club — was moving in the same direction.

Except for one person: Atlas.

“Leave me out. I don’t even want to associate with that guy...”

His voice trailed off, but then he left a strange warning.

“If you're thinking sabotage... be careful. Anyone who's been at the center of that many incidents can't be sane.”

“The scariest thing in this world isn’t someone smarter than you. It’s someone insane — someone immune to logic.”

Stein chuckled bitterly at the memory of those words.

‘He’s gotten old.’

Atlas — once more ruthless and aggressive than anyone.

But now, he was like an old man avoiding the battlefield.

Stein felt a fleeting sense of emptiness at the passage of time, but quickly pulled himself together.

‘Even without Atlas, the strategy isn’t compromised.’

In truth, five funds were more than enough.

“We’ve already blocked capital heading toward Stark.”

Thanks to this move from the macro faction, much of the capital that had been hesitating between Stark and Gooble likely chose Gooble in the end.

Now, the only thing left was… surplus capital.

They needed to target the capital that had either missed the right timing to profit from Gooble or jumped in late and was now floundering.

Of course, Ha Si-heon also seemed to be preparing his own move.

<Pareto Innovation increases stake in Envid............ 8% → 9.3%>

The 13D/A filing submitted by Pareto this time was nothing short of blatant.

It stated that as competition intensifies among large-scale AI platforms, the importance of essential infrastructure is rising amid surging demand.

And specifically, it emphasized that Envid is the only irreplaceable supplier of GPUs essential for AI infrastructure.

Ha Si-heon named Envid directly and underscored its uniqueness.

As if Envid held a complete monopoly over the GPU market.

‘So he wants to channel capital in that direction.’

But Ha Si-heon was lying.

Envid was certainly a leading GPU company — but it wasn’t the only one.

Behind it stood AMDA and Intel.

That made the counter simple.

<Macro legend Stein: “True GPU innovation will come not from Envid, but from AMDA...”>

He pushed capital toward the competitors.

“Redirect the flow of capital.”

That was Stein’s plan.

To reroute money in the opposite direction of everything Ha Si-heon invested in.

‘And I already know exactly where he’s invested, so...’

At the Idea Dinner, Ha Si-heon had revealed his entire AI portfolio.

That was the price of joining the Triangle Club — a game of poker where you must show all your cards.

Envid. Hynixson. Aristan.............

Every card in his hand was now exposed.

And each of those cards had a perfect counter.

Stein smiled quietly.

‘No way I’m letting him win.’

***

<Obelisk Macro names “Microns” as key investment amid AI boom>

<Stein: “Syscon is the overlooked gem in the AI supply chain”>

I stared at the stream of updated articles.

“Is this sabotage?”

Triangle Club’s macro funds were pouring capital into the exact opposite stocks of my picks.

And that wasn’t all.

<While Hynixson’s production was centered in one region and heavily exposed to geopolitical risks, Microns had mitigated that risk through supply chain diversification...... (etc.)>

It was basically a neatly packaged guide titled “Why You Should Avoid Ha Si-heon’s Picks.”

This was outright: “Don’t follow Ha Si-heon’s investments.”

‘So they’re trying to block capital from flowing into my picks...............’

And to be fair, it was working.

The stocks of Envid’s competitors — Intel and AMDA — had climbed significantly.

Capital that should’ve gone to Envid had been scattered elsewhere by the macro players.

And it wasn’t just Envid.

The same pattern was emerging across all the supply-chain-based stocks I had invested in.

However—

‘They’re following along quite nicely.’

A hum escaped my lips.

Everything was unfolding according to plan.

Honestly, I wasn’t sure it would all fall into place this smoothly — so I had been a little skeptical myself.

‘If you want them to run hard, you need a rival.’

This was the key to accelerating AI development.

Would the U.S. have poured so much money into tech during the Cold War without the threat of the Soviet Union?

Historically, the best way to make a player run faster is to spotlight a threatening competitor.

And you could already see the effect in Envid.

No matter how much I pushed them to speed up production before, they had dragged their feet.

But now they were putting out announcements like this:

<Next-gen GPU line “Bolton” may launch within Q2......... ・>

Originally scheduled for Q3, the release was being rushed.

And the reason was obvious:

<AMDA: New ‘RXA’ graphics card series launch imminent!>

Backed by macro capital, their competitor was raising its voice.

“The moment our new product launches, we’ll surpass Envid and lead the industry.”

Even the top dog couldn’t afford to stay slow in that kind of situation.

And now, as Envid poured everything into their sprint...

They weren’t the only ones running.

<Hynixson announces production line expansion>

<Arista begins expansion in response to soaring AI demand>

Every infrastructure and hardware company I’d invested in was ramping up together.

‘As expected — I knew they’d be useful.’

Good thing I kept the macro faction as rivals.

After all, in any race, nothing drives speed better than competition and hostility.

However—

That sense of competition needed to be kept in check.

It was important that none of my investment targets actually got overtaken — or lost their balance in the rush and fell.

‘Now then… time to move to Phase 4?’

And with that, I rolled the dice.

Clatter.

This time, the number was 4.

I scanned the list I had prepared during the Idea Dinner — and saw the name next to number four.

Alaric Stein. Obelisk Fund.