My Age of Investment

   Chapter 1451 Retaliation Rebound

   "Since the outbreak of the financial crisis, the US financial market has been mourning, and individual stocks and the three major stock indexes have all fallen into the dust.

   Take the Dow Jones Index as an example, which fell to 6440 in early March last year, creating a new low in nearly a decade.

   We then entered the market to go long and bought a large number of stock index futures and stock index call options, as well as related derivatives.

   Daeron, look here..."

Standing on the stage, Jiang Ping paused on his hand, then irradiated the K-line chart on the projection wall with a laser pointer, pointed to a location and introduced: "Last month, in the middle of January 2010, the Dow Jones Index After a nine-month retaliatory rebound, it finally stood at 10,000 points, reaching 10,767 points, a nine-month increase of 67.19%."

   There was a smile on the corner of Xia Jingxing's mouth, who was sitting quietly listening in the audience. The rebound of US stocks and indexes has really fed Vision Capital.

  It is a little regrettable that after the completion of this wave of closing the net, the trilogy of the subprime mortgage crisis officially ended.

   Looking back on the investment trends in the past few years, it can be roughly divided into the layout in 2006, shorting subprime loan bonds in 2007, shorting financial stocks and stock indexes in 2008, and longing in 2009, betting that the market will recover…

  Envision Capital took nearly four years to capture wealth comparable to the annual GDP of many small and even medium-sized countries in the world.

  A Southeast Asian bully, known as the world's third military power, last year's total GDP was only 106 billion US dollars.

   Therefore, Xia Jingxing is very satisfied with the performance of Envision Capital, an extremely powerful engine. The huge gains in the financial market have strongly supported him in large-scale industrial mergers and acquisitions at home and abroad, and engaged in scientific and technological research and development.

   And the allies of the United States are also very satisfied with the success of Envision Capital in recent years. For the sake of huge returns, they have helped him resist many open and hidden arrows.

   Knowing the rules of the game and being willing to share is the underlying logic that enables Vision Capital to stand on Wall Street.

After listening to Jiang Ping's introduction for a while, Xia Jingxing felt a little numb, and the latter summed it up: "Because there are too few opponents, most of our team's investment portfolio is stock index futures, and small stocks. Some ETF funds and call options, and some are underutilized.”

  Xia Jingxing nodded lightly, no matter whether you are short or long, you need an opponent to play with you.

   The first two years were fine, there was no shortage of daring dog owners, and even Buffett was cut with leeks once and turned into "Bah leeks".

  The Jewish capital group was also cut off with the old man. It was also because of this incident that Vision Capital entered the sight of Jewish capital and became a thorn in the other side's eyes.

   After the financial crisis, since last year, not many people dare to end up playing dangerous and exciting gambling games.

   Even if it is to play in the end, it is mostly the same as Vision Capital, choosing to buy the bottom and do more.

  Due to the lack of short positions, it has become difficult for Vision Capital to replicate the miracle of the previous year in stock index futures, options and other derivatives investments.

  Jiang Ping paused, sighed and said: "Because of these series of reasons, although the stock index has rebounded sharply, our investment income in the stock index is also very limited.

   The principal of    10 billion US dollars, a total of only 8.6 billion US dollars in net income. "

Seeing Jiang Ping seemed a little dissatisfied, Xia Jingxing couldn't help laughing, and yes, Jiang Ping's team made more than 30 billion US dollars by shorting the stock index the year before, and their appetite has grown. It's just a little bit more.

   "Okay, okay, don't perform here, I'm used to a good life, and I don't even care about $8.6 billion."

   As soon as Xia Jingxing finished speaking, Liu Hai and Abel laughed, and Jiang Ping also laughed.

   "The market in 2008 is a rare occurrence in a century, and it is difficult to replicate it for the second time. Everyone should put a positive attitude.

   And that time in 2008, the funds in your team's hands reached 20 billion US dollars, this time only half of the funds, and you can still get a quarter of the income, which is already very good.

   Converted according to the annualized rate of return, the annual rate of return of 86% has exceeded the 67.19% increase of the Dow Jones Index. No matter how you look at it, it is a qualified answer, and I am very satisfied. "

   Jiang Ping and Xia Jingxing looked at each other and nodded lightly at the latter, without saying anything.

  Xia Jingxing turned his eyes to a young man with glasses sitting next to the bangs, seeing the latter looking dazed, he interrupted the other's fantasy with a smile.

   "Zhao Peng, the stock investment team's 2009 year-end summary is up to you!"

   Zhao Peng has a round face and looks very honest and honest, with the standard appearance of a scholar.

   Hearing Xia Jingxingdian's own name, Zhao Peng was suddenly awakened.

He was really distracted just now. After hearing several key data reported by Jiang Ping and the information revealed by Xia Jingxing inadvertently, he instantly calculated the terrifying income of Jiang Ping's team in the previous year, and even deduced the overall income of Vision Capital in 2008. Then get distracted.

   Thinking of the terrifying figure of hundreds of billions of dollars, even the most heartbroken person can't calm down.

   "Okay, President Xia!"

After    reacted, Zhao Peng quickly nodded towards Xia Jingxing, then got up and walked onto the stage.

   Liu Hai cast an encouraging look at Zhao Peng, the young man who was only one year older than Xia Jingxing was also his successor.

   I handed over the stock team to the other side for more than half a year, and the performance was very good.

   In addition to being younger, there seems to be no other shortcomings.

  Xia Jingxing looked at Zhao Peng with a smile on his face. This young man is a good friend with Ma, and he is also an excellent talent recommended by Zhang Sanshi.

   At first, he threw 100 million US dollars to the other party to manage alone, and wanted to see how the other party's level was.

   In less than a year, Zhao Peng handed over a beautiful answer sheet, and $100 million became $500 million.

Because Liu Hai went to manage Daxia Capital for Xia Jingxing last year, his personal energy was limited and he could no longer take care of the work on Vision Capital's side. Seeing that Zhao Peng was a good player in quantitative hedge funds, he suggested to Xia Jingxing to let this young man Replacing him as head of the entire equities team.

  Xia Jingxing readily accepted Liu Hai's suggestion and appointed Zhao Peng as the acting head of the stock team.

   A series of investment operations by the stock team last year were all completed under the leadership of Zhao Peng.

   Xia Jingxing had high expectations for this talented player who had previously served as CEO of a top hedge fund plus foreign exchange and options market maker Castle Investment.

   For example, the highest-achieving Chinese professional manager in Silicon Valley on the West Coast is Lu Qi, then Zhao Peng is the East Coast Wall Street version of "Lu Qi".

   Even better than Lu Qi, he has emerged in his twenties and is full of financial talents.

   After Zhao Peng took the stage, he played the PPT.

   (end of this chapter)