My Age of Investment

  Chapter 939 A beacon in the night

  The next day.

  Jiang Ping’s keynote speech at TCFA made the headlines of several mainstream media.

"Wall Street upstart Vision Capital is firmly bullish on the market outlook, believing that the risks of subprime mortgages are still spreading, and speculate that financial institutions participating in subprime bond derivatives transactions have lost astronomical figures. When the next financial reporting season comes, the subprime mortgage storm will Go up a notch."-"Wall Street Journal"

"The tens of billions of dollars-level hedge fund Vision Capital changed its low-key style in the past, and its star fund managers made a high-profile voice on the risk of subprime mortgages, believing that all countries' rescue actions have limited effect, and huge financial system risks will erupt in the second half of the year, which may even affect the real economy. ."-"Economic Times"

  "Winter is coming! Vision Capital issued a pessimistic prediction to the market: Wall Street's coldest winter is coming, and the coldness is catching up with the Great Depression in the 1930s. Everyone pays attention to cold and warm."-"New York Times"

  ……

  Sitting in the large office on the top floor of the 40th Wall Street, Xia Jingxing scrolled the mouse to browse the news reports of major mainstream financial media today.

  Vision Capital contributed for the first time, and finally grabbed the front page headlines.

  However, the remarks made by Jiang Ping on behalf of Envision Capital are quite topical, and this may be the main reason for the wide coverage and reprinting of major financial media.

  Xia Jingxing immediately looked at the comment area again and was amused.

  "Chinese people predict financial risks? Dude, today is not April Fool's Day? Chinese people also understand finance?"

  "Chinese people are better at math, maybe they have calculated some great results?"

  "Because they only know mathematics, the Chinese can only do some analyst jobs on Wall Street."

  "Vision Capital is already a hedge fund with a scale of tens of billions of dollars in asset management. Lixia No. 1 is famous on Wall Street. We must treat this company objectively and impartially."

   "I bet that if this speculation was issued by a certain white fund, it is definitely not the current comment."

  ……

  Xia Jingxing found that the opinions in the comment area are roughly divided into three schools. One is ridiculing and disdainful of the forecasts proposed by Vision Capital; the other is neutral and believes that it can wait for time to verify; and the other strongly supports it.

  The trio of people quarreled and changed the topic to ethnicity.

  But there is no such thing as cursing, because several major financial media have manual reviewers, and the comments are only released after review.

  However, the major financial media are still very sinister in their intentions. They only don't release abusive comments, but other mocking and refuting comments from Envision Capital are released.

  Maybe this is more topical, can it be used to stir up enthusiasm? Xia Jingxing thought so.

  But this is exactly what he wants. Black fans are also fans. The financial media wants to hang up the Wall Street upstart, Envision Capital, to speculate on the news. They don't want to use the financial media to stir the market situation and gain a position.

  Of course, the financial media will not suffer. If Vision Capital predicts success, it will be followed by singing hymns.

  Closed the news page, Xia Jingxing began to check work emails.

  At this time, he suddenly received a call from Zhang Sanshi. The other party said on the phone that he wanted to bring two people to visit him.

  Xia Jingxing did not put any scores, and even agreed without asking who Zhang Sanshi planned to bring.

After a while, Liu Xiaoduo led Zhang Sanshi and the three of them into Xia Jingxing's office.

  "Daren, won't you disturb your work?"

  Zhang Sanshi shook hands with Xia Jingxing, behaving a little cautiously, as the identity gap between the two sides widened, he now feels more and more pressured facing Xia Jingxing.

"how come?"

  Xia Jingxing smiled and retracted his hand, and cast his gaze to the two young men in their twenties behind Zhang Sanshi.

   "Let me introduce, this is Ma's own name, the long-short fund manager of the hedge fund company Ziff Brothers."

  Xia Jingxing smiled. He had heard of this person in his previous life, the founder of the hedge fund Snow Lake Capital, and a disciple of Zhang Sanshi. The company kept a low profile for ten years, and became famous when it shorted Ruixing.

  There are not many Chinese bosses in the field of hedge funds, and the number of funds reaching billions of dollars is even rarer. This one can be called the best.

  It is worth mentioning that Sun Hongbing’s son Sun Jiyi also worked in Snow Lake Capital, and Sunac has a close relationship with Snow Lake Capital.

"Hello!"

  Xia Jingxing shook hands with Ma Ziming with a smile on his face, making the latter so excited, his face flushed.

  He is just a small manager, a low-level Wall Street clerk. I didn’t expect that Xia Jingxing would not only be willing to meet him, but he had no pretensions, which made people feel good.

  Zhang Sanshi then introduced another young man who looked a little nerdy with glasses.

  "This is Zhao Peng, the quantitative analyst of Citadel Castle Investment."

  Xia Jingxing’s eyes lit up, and he felt that the quantitative trading department he had been thinking about for a long time had hope.

  This is also a great man!

   is hailed as one of the few North American Chinese with an annual income of 9 digits after Lu Qi.

  Zhang Sanshi was in a daze when he saw Xia Jingxing, he thought that Xia Jingxing was right and a little speechless, so he brought some shrimps and crabs to meet him, and the investment manager was nothing more. Now there is another analyst at the bottom.

So Zhang Sanshi hurriedly introduced: "Dai Lun, don’t think Zhao Peng is young, but he is actually very powerful. He was born in the prodigy class of Beijing No. 8 Middle School. He was recommended to the Department of Mathematics at Peking University at the age of 14. He received a Ph.D. in statistics from Berkeley, California at the age of 22 and invested in the castle. In more than a year of work, I have created multiple profit equations for the company..."

The Prodigy Class of Beijing No. 8 Middle School is a super-normal children education experimental class set up by Beijing No. 8 Middle School since 1985. The selected students enter the school at the age of 10-11. After four years of study, they take the college entrance examination and go to university at the age of 14 or 5. He is a PhD in his twenties.

  Zhao Peng also has a junior classmate named Yin Xi, who became a Harvard professor at the age of 24 and is very famous on the Internet in his previous life.

As far as Xia Jingxing knows, after Zhao Peng joined the Castle Investment Company, he went all the way. He was promoted as a partner in four years. When he was in his thirties, he killed the former COO of Microsoft, Kevin Turner, and became the CEO of Castle Investment. Hedge Fund.

  What Xia Jingxing didn’t know was that Castle Investment played a key role in the “Retail Investor Battle on Wall Street” in 2021, and it was just a villain.

  Retail investors are actually just pawns, and this long-short battle is actually a hunt for each other between institutions.

  Castle Investment and its subsidiary Melvin Capital, as one of the short positions, lost US$2 billion and US$6 billion respectively.

  Netflix and MGM are planning to make this financial drama into a movie. As the CEO of Castle Investment, Zhao Peng may become the villain in the movie.

After a few greetings, Xia Jingxing greeted Zhang Sanshi and Ma with their own names, and Zhao Peng sat down on the sofa.

   "Mr. Xia, in fact, there is nothing else to come to you, just to recommend these two young people to you."

  Xia Jingxing suppressed his surprise, and asked: "Will you come to work at Envision Capital? That is naturally welcome."

Zhang Sanshi smiled, "I heard that you are optimistic about the long-term perspective of quantitative investment, but I suffer from not having a suitable project leader. Ma Ziming recommended Zhao Peng to me. I chatted with Zhao Peng. It's pretty good, I'm here to see you.

  If it weren't for Gao Ling, the temple is small, I want to keep him. "

  Xia Jingxing glanced at Zhao Peng and was so complimented that the latter seemed a little embarrassed.

   "Zhao Peng, I will give you the bottom line too."

  Xia Jingxing said in a sincere tone: “Vision Capital’s foundation for quantitative investment is relatively weak. Although I was arranging the establishment of a research department a few years ago, the progress has been slow.

  On the one hand, Envision Capital was too focused on performance in the early stage, and it urgently needed to prove itself to the market and LP, and invested less energy in the field of quantitative investment.

  On the other hand, several fund managers of Vision Capital are not professionals. We need a professional to join us. "

  Zhao Peng nodded his head, "President Xia, I understand, I listened to President Jiang’s speech yesterday, and the whole person felt extremely excited and excited!

  In the Wall Street ruled by the old white man, it turns out that Chinese can also call the wind and rain and become the top of the industry.

I thought about it all night, and I decided to try Envision Capital. This is a hedge fund company owned by Chinese shareholders and Chinese executives. Chinese people will certainly not be discriminated against, and they are capable of becoming a fund manager in charge of tens of billions of dollars in funds. , Even the CEO. "

  Xia Jingxing looked at Zhao Peng, whose face was flushed red, and the heroic Zhao Peng showed a kind smile.

  Neither did he expect that if Envision Capital went out for a show, it would attract talents to vote.

   But then again, Envision Capital has risen on Wall Street, and the executives are all Chinese. This is like a beacon and will attract all talents who are not met on Wall Street.

  Wall Street recognizes that the Chinese are good at math and are suitable for financial investment work, but it is difficult for the Chinese to climb to the top in this financial world dominated by whites.

  As we all know, the Chinese will encounter a “transparent ceiling” in the United States. The vice president in charge of technology in Silicon Valley will reach the top, and the managing director on Wall Street will almost reach the top.

  Even on Wall Street, the ceiling is even lower. In large financial institutions, the Chinese can only become the top few hundred people, but not the top dozens or the first few people.

  "Relax, in Envision Capital, the promotion space for Chinese is completely unblocked. As long as I have the ability, I can let out the position of CEO."

  Zhao Peng waved his hand quickly, “Mr. Xia, I’m just giving an example, don’t mind.”

  "No, no, ambitious is a good thing, and my favorite is this kind of employees, who are motivated and motivated!"

Xia Jingxing said: "Well, after you join Envision Capital, I will use the company's own funds of 100 million U.S. dollars to train you. If you are on the right track, start fundraising. problem."

  Give yourself $100 million to practice hands when you come up? This is the strength of top hedge funds. Zhao Peng felt that he was really on the right trip, and Mr. Xia was obviously more majestic than his current boss!

  Zhang Sanshi and Ma Ziming watched with a smile, and their hearts were uneasy.

  Zhang Sanshi felt sour in his heart. You must know that Xia Jingxing only invested 20 million US dollars in Gao Ling. This young man was given the important task of managing 100 million US dollars when he came up.

  Of course, Vision Capital has just started in the past two years, and its influence is not the same as today. Zhang Sanshi can only comfort himself in this way.

  Ma’s self-name, looked at his friend who was four years younger than him with envious expression, and he was on the pinnacle of life after he quit a job!

  Solved Zhao Peng’s matter, Zhang Sanshi did not forget that there was a little brother beside him that needed to be arranged. He said: “Mr. Xia, Ma Ziming plans to set up his own hedge fund, and wants to find Vision Capital... to raise funds!”

  As he said, Zhang Sanshi didn’t have much confidence anymore. This incident is not the same as Zhao Peng’s $100 million in charge. Ma’s own resume and past results are much worse than Zhao Peng.

   A twenty-eight-year-old young man wants to set up his own hedge fund, his first impression is that he is too young, inexperienced, and not secure enough.

  As far as he knows, before Xia Jingxing was not famous, it was also very difficult for Lixia No. 1 to raise funds, because you have no record! Why invest money for you to take risks.

  Ma looks at Xia Jingxing looking forward to his own name, and hopes that Mr. Xia will also dump him 100 million US dollars: take it to practice hands.

  But he knows this is a luxury. He is satisfied if he can invest 10 to 20 million dollars, because he can turn from a wage earner to a boss and start his own legendary road.

  Xia Jingxing began to ponder, Zhao Peng had nothing to lose, he had the right to practice, pay the tuition, and Ma made a different name. With the current achievements of Vision Capital, do you need to invest in other hedge funds? And it's a nascent hedge fund.

  But from a long-term perspective, it is good to be like the founder of Tiger Fund Julian Robertson to spread the world, diversify investment risks and trickle.

   "In this way, first invest your 20 million US dollars, and first set up a small fund for fun!"

  Xia Jingxing smiled and looked at Ma’s own name, and said, “If the performance is satisfactory, I will continue to invest in you. Maybe the subscription will be too active at that time. You don’t need my investment anymore.”

  Ma almost jumped up with his own name. Seeing Xia Jingxing's silence, he was prepared for the worst. If Xia Jingxing didn't invest, he would work for two more years, trying to make a name for his post, and then leave his job to start a business.

  Now with Xia Jingxing’s 20 million US dollars, even if he can’t raise other funds, he can still try to work hard. Like Zhang Sanshi next to him, isn’t it also 20 million US dollars to start? Gao Ling now has an asset management scale of hundreds of millions of dollars.

   "Thank you Mr. Xia, I will do my best to create returns for LP."

  Xia Jingxing nodded with a smile, and said no more.

   President Xia, what about me? Zhang Sanshi wanted to ask, but he couldn't help it.

  Seeing that the two little brothers have achieved their wishes, and the referrer himself has nothing, Zhang Sanshi feels rather unhappy.

  He thought for a while, he still has to be thick-skinned to eat meat.

Zhang Sanshi, who dared to set up stalls and rent comics at the train station at the age of seven, was definitely not an introvert. He said shyly, "Mr. Xia, Gao Ling obtained QFII qualification as a qualified foreign institutional investor last year and began to deploy A shares. We want to raise a RMB fund, can we?"

  Xia Jingxing felt that Zhang Sanshi might be deprived of his luck, but because of the two talents recommended by Zhang Sanshi, he felt that he could still give Zhang Sanshi a chance.

   "Well, let me arrange for the Fuxing Industry Holding Group to invest in Gao Ling. Is 200 million yuan enough?"

  Zhang Sanshi hurriedly said: "Enough is enough, then there is no difference."

There is no difference in the fart. Zhang Sanshi has actually not found a domestic LP yet, but this does not prevent him from using Xia Jingxing and Fuxing Industrial Group as endorsements when raising funds.

  With the golden sign of Xia Jingxing, the fundraising of 1 billion 800 million yuan is not sprinkling water!

  Perhaps Xia Jingxing didn't even realize it, and was prostituted again.

  Unconsciously, he has become a capitalist with market appeal.

  (End of this chapter)