Braga replied with a smile: "What do those who invest by subjective judgment have? A crystal ball for divination? When a trader is forced to cut his flesh, his heart bleeds, but the computer doesn't care!"

"The mission of the Systemic Investment Company was established as 'Wealth Creation through Science and Technology'"

Over the years, she has continued to optimize and improve trading algorithms, trading strategies and trading platforms, and finally built Blue Trend Fund into one of the most successful quantitative trading systems in the industry.

After Chen Hui heard her words, he also pondered, Chen Hui himself is a person who relies on subjective judgment to invest in most cases, Braga's statement undoubtedly makes Chen Hui a little dull, but there is nothing wrong with her saying this. Answering Chen Hui's words was also to the point, very sharp!

Whether a trader is powerful or a quantitative trading system is powerful, there is no doubt that the former can make more money.

As Braga said, whoever is cut will have his heart bleed! Only one person will make mistakes!

Devil traders don't know how many hedge funds, banks, have been killed over the years. At every turn, it is a loss of billions of dollars. Some time ago, traders at Société Générale lost billions of euros, Mitsubishi Bank's Yamada Fund lost more than $30 billion, and two guys in Malaysia lost a total of $50 billion!

It can be imagined how terrifying, and quantitative trading can eliminate artificial emotional factors, and the wrong system will automatically stop losses, and there will be no anti-order situation, and then cause huge losses.

In short, there are good and bad!

Braga watched Chen Hui ponder and continued: "In the final analysis, investment management is a kind of information management, and computer programs have unique advantages in this regard".

Braga thought for a moment and continued: "With the help of computer systems, it is possible to fully diversify portfolios, which is important for risk mitigation and to capture more investment opportunities, and I used to manage an equity fund that traded 4,500 stocks, and it was difficult to track and manage the risk of so many stocks by relying on human resources alone. ”

Chen Hui nodded and said, "Go on!"

Bugara continued: "However, it is undeniable that quantitative trading is not without its weaknesses, and what works in one situation may not necessarily be applied to another, as was the case with the Blue Trend Fund that I worked for first. In 2013, interest rates in most markets around the world were reduced to near zero, breaking down the relationship between the price fluctuations of different asset classes, which are the basis for quantitative funds to explore investment opportunities. This led to the failure of the futures management strategy, with the Blue Trend Fund losing 15.5% that year, but it was the only time in the fund's history that it had lost money. ”

She is very confident, because in the past 10 years, only one year has been a loss!

She smiled at Chen Hui with a look of satisfaction on her face, and continued: "The unprecedented market intervention of the central bank in 2011 and 2013 led to temporary changes in the investment environment. Everyone in the market is watching the Fed's every move, and every market reacts to the Fed, the only influencing factor, the Fed, making many diversified investment strategies ineffective.

Chen Hui nodded and said, "That's true!"

Braga continues: "At that time, I asked my team to constantly calibrate and improve the quantitative model. Although I have been emphasizing that quantitative trading will become the mainstream, I do not agree with the view that computers can completely replace human investors, and I also believe that computer systems cannot reach the level of human fund managers to interpret the market environment and psychology, so model correction requires human participation!"

Chen Hui said: "You should first come up with investment ideas and hypotheses, and then mine data based on the hypotheses, rather than relying on data mining to make hypotheses. Am I right?"

Braga said: "Yes"

Chen Hui smiled at this time: "Ms. Braga, do you have anything to know about the Black Shirt Capital?"

Braga smiled: "Not for the time being, if there is, I will ask Mr. Chen as soon as possible!"

Chen Hui said with a smile: "Ms. Braga, then you will be the CEO of Blackshirt Capital from now on, and at the same time the manager of the asset management department of Blackshirt Capital!"

The essence of asset management business is trust business, which is to accept the entrustment of customers' funds or assets, and manage wealth on behalf of customers, which is essentially similar to public funds.

The Asset Management Department of Blackshirt Capital is dedicated to managing the assets of Blackshirt Capital customers, accepting the entrusted investment of customer assets, which is commonly known as helping customers speculate in stocks, bonds, and various investments!

The trading department and venture capital department of Blackshirt Capital are the proprietary model of Blackshirt Capital, which uses Blackshirt Capital's own funds, while the asset management department of Blackshirt Assets uses customers' money!

On these two points, Chen Hui is to be distinguished!

Chen Hui originally wanted Braga to be the CEO of Blackshirt Capital, since she is so good at quantitative trading, then she is also the manager of the asset management department of Blackshirt Capital!

In the future, Blackshirt Capital will also come to the road of quantitative trading sooner or later!

The two talked about the treatment, Chen Hui gave Braga a higher treatment in the industry, but there were no shares, only bonuses, but she was also the manager of the asset management department, and she would also get a 5% performance commission from the asset management department of Black Shirt Capital!

Nowadays, Blackshirt Capital has a very large number of customers and a very wide range of customers, and the tycoons of the whole Xiangjiang are eager to entrust Blackshirt Capital to help them manage their assets! Not only the tycoons of Heungjiang entrust Blackshirt Capital to manage their assets, but also some wealthy people in the mainland. Of course, there are also many Asian tycoons, big companies, big banks, and all kinds of pensioners!

After all, the current reputation of Black Shirt Capital is not small, it has made so much money, and the rate of return is so high!

Today, the client entrusted assets of the management department of Black Shirt Capital have reached 300 billion Hong Kong dollars, but Chen Hui has not used these funds.

300 billion Hong Kong dollars, such a huge amount of funds, if Braga can get more than 10% return per year by relying on her quantitative trading, then it is more than 30 billion Hong Kong dollars of profits, 80% of the customer, 15% of the black shirt capital is proposed, and 5% of the commission is given to Braga, which is calculated to be more than 1.5 billion Hong Kong dollars of commission to her, and her salary, bonus dividends, this woman may be close to 2 billion to 3 billion Hong Kong dollars in income a year!

"Well, then we're happy to work together!" Braga opened his arms and said, "Hey, little handsome guy, I don't mind hugging you!"

Chen Hui looked at the sexy Braga and said with a smile: "No problem, sexy Braga!"