Revisiting Future Path

Chapter 220: Rose Fund relies on technology to win

The 220th Rose Fund relies on technology to win

Wei Dongsheng talked in front of a group of investors: "I started my business in July 2002, and Forbes valued me at US$13.59 billion in March 2008, earning an average of US$2 billion per year. Without shorting, I can have an average annual average of 2 billion. Dollar earnings."

"I am not short of money, I will not go short for money, nor do I have to go short for money."

Wei Dongsheng first set up an archway for the short-selling of the Rose Fund.

Of course, the investors here do not believe Wei Dongsheng's explanation. No matter how emotional Wei Dongsheng explained in his speech, they were regarded as "to be a **** and to establish an archway." However, the investors present here will not blame Wei Dongsheng, because they also want both profits and archways. They are used to accumulating charitable images in front of the public while using Wall Street hedge funds to harvest profits. Facing Wei Dongsheng's explanation, all the investors here showed a knowing smile of "I know you".

Wei Dongsheng also understood the customs of Wall Street. After setting up the archway in a concise and concise manner, he immediately used Fuld-like language as the platform for this transaction. Fuld praised the history of Lehman Brothers, praised China Investment Corporation, CITIC’s well-funded funds, praised the Rose Fund for seeing the future, praised Wei Dongsheng as a genius rare in a century; Wei Dongsheng also praised Lehman Brothers for his past, repeating Chunqiu Group The success of He Rose Fund has shown its abundant strength to the investors present.

Considering the nationality, Wei Dongsheng again sang a hymn for China.

Looking back at the gross national product of each country in 2007, due to exchange rate issues and statistical methods, Germany still ranks third in the world in some lists, and China has surpassed Germany by a small margin in some lists. If the 2007 average exchange rate of US dollar to RMB is used at 7.6, China's GDP will be converted to US$3.3289 trillion. Under the same calculation, Germany's gross national product is approximately 3320.4 billion trillion, and China has a marginal advantage of 8.5 billion US dollars and almost surpasses Germany. If the calculation method of the World Bank is adopted, China's GDP is 3.4267 trillion US dollars, which also surpasses Germany by a slight advantage.

Considering the background of the appreciation of the renminbi, the current exchange rate of the US dollar to the renminbi has now dropped to 6.84. By then, China’s 2008 GDP denominated in US dollars will definitely lead Germany by a large margin. Since China's surpassing of Germany is a natural historical process, there is no need to entangle it in 2007 or 2008. Therefore, except for a few prejudices, most Wall Street investors agree that China has overtaken Germany to become the world's third largest economy.

Wei Dongsheng borrowed the opportunity to endorse the economic rise of China: "China has surpassed Germany. Considering that Japan’s economy has been stagnant for many years, it will be a natural process for China to catch up with Japan. China’s economy has already taken off at a high speed, and Wall Street should recognize the reality. Accept Huaguo Capital with a broad mind."

After talking about the archway and talking about macro soft power, Wei Dongsheng talked about his own technical advantages.

Wei Dongsheng and Fuld joked and interacted: "Dick also started from scratch. A trader (trader) has gradually become the helm of Lehman Brothers. However, this is not a feature of Wall Street. What are the features of Wall Street? The bottom pile. The elites who have the ability and no capital, and the high-level mediocrities who have the capital and the inability stand up. Investment banks, hedge funds, and practical managers are familiar with various complex models, detect crises through mathematical models, and make profits through mathematical models. ; And a group of directors and shareholders are more accustomed to communicating with you in this tone: "Don't let me look at these mathematical models, I don't understand. I assure you, I didn't rely on mathematics or brainpower to sit in this seat. Please treat me as As a primary school student, tell me concisely and clearly what happened.'"

Wei Dongsheng's ridicule is a bit inappropriate.

Because most of the investors present here are "Mediocre" who cannot understand financial mathematical models.

Fuld made a self-deprecating rescue in time: "I am also a mediocre who can't understand various complicated models."

Wei Dongsheng smiled and said, "Me too."

Wei Dongsheng continued to explain: "I am also a mediocre who can't understand financial models. The curves in front of the computer screen are just simple lines for me. We don't understand mathematics, we don't understand financial models, but we also have our value. The money in our pockets does not fall from the sky. Even if it comes from the inheritance of your parents, your ability to preserve wealth and value to this day is also very remarkable. The reason why you can become 1% of the world is the reason why Dick To be at the helm of Lehman Brothers, the reason why Gong Qiuqiu and I were able to emerge on Wall Street in the winter was a sense of crisis. Managers who are proficient in models saw opportunities for short-selling, and we saw through models the impact of economic collapse on countries around the world Shock."

Wei Dongsheng: "This is the reason why I am short, and also the reason why I took a stake in Lehman Brothers."

Wei Dongsheng: "Whether short or long, there are financial models behind it. This is the rule of Wall Street. The Rose Fund dares to go long, and it is not based on my crow's mouth prediction. In fact, there is a team behind Gong Qiuqiu and I. , There is also a set of new models, a set of revolutionary new models, and a set of new models that are different from the prevailing financial models."

While talking, Wei Dongsheng suddenly raised a magazine in front of him and showed the cover of the magazine to Fuld and the investor customers on the opposite side of the video.

"Nature".

"natural".

Although everyone is not a scientific researcher, they have all heard of its prestige, but what can "Nature" have to do with Wall Street?

Investors don't understand, neither does Fuld.

Wei Dongsheng took the initiative to introduce: "This magazine is the latest "Nature" published on September 4, 2008. You may be wondering what is the relationship between "Nature" and the Rose Fund, and the Rose Fund's joint China Investment and CITIC acquisition of Lehman What is the relationship between the brothers’ 40% shares? I can clearly answer everyone here, it’s related, it’s very important.”

Wei Dongsheng pointed to the cover of "Nature" magazine: "There are two large characters in the center of the cover, "BIG" on the top, and "DATA" on the bottom, collectively called'Big_Data'. This issue of the magazine published a new method for studying the energy levels of artificial atoms. The degree of RNA regulation of gene expression at the protein level ``Observation of the black hole in the center of the galaxy'' A new method for preparing stable WOW emulsions ``Various ways of venomous tiger moths against predators'' Cytomegalovirus with parasitic virus' Waiting for many important papers. However, "Nature" magazine put'Big_Data' on the cover page."

"What is ‘Big_Data’?"

"On the topic of'Big_Data' or'Big_data_special', Nature Journal reporters discussed in a simple way how researchers can deal with the massive data streams generated by modern methods.'Big_Data' corresponds to the big data project we searched in the Spring and Autumn Period. At this point, I want to ask The big data project team of Chunqiu Search apologizes for being victimized by my excessive pursuit of perfect product thinking. You regret that you lost the opportunity to publish your paper in the journal Nature."

Wei Dongsheng put down the "Nature" magazine and focused on his topic: "Search engines are the pioneers of massive data for global Internet resources. How to store big data, how to deal with big data, how to use big data, how to extract useful information from big data Value information was originally the core technology of search engines. In 2005, Chunqiu Search realized that the value of the massive data on the Internet's massive webpages is more than just providing users with the results they want. The value of the Internet's massive webpages far exceeds the webpage itself. ."

"Before listing on NASDAQ, Chunqiu Search has prepared the US version of Chunqiu Search in advance; before the preparation of the US version, Chunqiu Search has used big data projects to carefully analyze the massive Internet in order to provide American users with high-quality services that their friends do not have. Web data. Food, clothing, housing and transportation are the most basic needs of mankind. Big data analyzes US Internet web data. Spring and Autumn Search is surprised to find that there are problems with housing, problems with real estate, and problems with the mortgage market."

"One is that no one believes our conclusions, and the other is that big data projects require conclusion verification, so Chunqiu Search decided to prepare funds to form the Rose Fund. The big data model is the source of confidence for the Rose Fund in the vacant loan market, and it is also the science of the Rose Fund in the vacant loan market. Basics. The Rose Fund’s market for vacancy loans does not rely on our godly predictions, but on the latest cutting-edge technology and big data."

"We win by science."

Wei Dongsheng said he was panicked.

Thirty years of memory tells Wei Dongsheng that in the next few years, Internet companies are hyping the concept of big data and even superstitious to the point of deification. The higher-level knowledge system of the Shadow Empire tells Wei Dongsheng that big data has its effect, but it is not magical. It is just a superficial feature derived from the rapid interconnection of humans through the Internet. In Wei Dongsheng's mind, big data is just a very common concept. However, no matter how common technology is, it has its effect. Compared with putting the success of the Rose Fund down to divine prophecies, big data analysis is obviously a better answer and an answer that is easier to be accepted by the world.

The big data speech brought the perfect effect as expected.

The investors present were surprised that the Rose Fund originally made its fortunes based on big data analysis. Fuld was shocked that Wei Dongsheng had such an afterthought that caught him off guard. The media reporters even more relish spread the story of Wei Dongsheng's video speech.

In the Internet age, news from New York only needs three seconds to copy, paste, and forward to quickly reach China. Seven or eight before the opening of New York is seven or eight in the evening when night falls in China. The evening news broadcast emergency report on the recent Wall Street financial turmoil: "Wall Street is turbulent, and the 48-hour emergency rescue result is shocking: Bank of America abandoned Lehman Brothers and turned to buy Merrill Lynch; Lehman Brothers will have another village, and get Rose Fund, China Investment, CITIC Joint investment of US$20 billion."

From March 2007 to September 2008, the Rose Fund rushed on Wall Street and made countless gains. However, due to the fact that the official media had no intention of propagating, Chunqiu was unwilling to accept short-selling accusations, and public opinion tacitly ignored the existence of Rose Fund. Well-informed circles may know Gong Qiuqiu, the head of the Rose Fund, and faintly speculate that there is Chunqiu Group behind Gong Qiuqiu; more ordinary netizens do not know exactly which funds are in the vacancy loan market, nor do they know the Rose Fund. Who is it?

In all this, the initial public opinion was mostly concentrated on China Investment and CITIC with a state-owned background.

Opponents slammed: "Trash China Investment Corporation. Last year, I took over Morgan Stanley with the hard-earned money of the people of the whole country, and this year I went to take over Lehman Brothers. Wall Street is your father."

Supporters support it: "Morgan Stanley, Blackstone, Lehman Brothers..., the Labor Party wants to make Wall Street popular."

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