Chapter 90: Renaissance Technologies, Inc

Early in the morning, 111 Wall Street, Citibank Building.

As the head of the South American department of the investment bank, Victor returned to the office early, and the current economic crisis in Mexico has gradually spread and begun to affect the entire Latin American region, and the stock markets of Argentina and Brazil and Chile have been affected to varying degrees, and the stock market is full of unprecedented bearish pressure.

Looking through the financial section of the Wall Street Journal, there are a lot of reports on the Mexican economy, but most of them are repeating the same old tunes, analyzing the emergence of this crisis.

"Mexican Capital Flows and Financial Crisis Hidden", "Peso Crisis", what are these things? Vidocq secretly laughed in his heart, the economic crisis in Mexico is very obvious in the eyes of some people, and there is nothing to discuss at all.

"The Collision of Transnational Capital and Mexican Politics", huh? The title of this article is relatively close, you can take a look.

Vidocq picked up his coffee and pointed out slowly, wanting to see what could be blamed in this article, as a senior executive at Citi Investment Bank, he had this mental advantage.

"Huh? Mathematical model? "Just after reading the beginning, Vidocq felt that something was wrong, this is not an ordinary financial news report, this is an economic paper? Vidocq hurriedly flipped back to see who was signing.

"Sue? That's familiar......" Vidocq said to himself.

Looking at it, Vidocq slammed the coffee on the table: "I remember, isn't this the gold card user who made a lot of money through our Citi channel?" I'm so familiar with this data, and this kind of operation method is more directly Citi's routine. ”

While Vidocq was tossing coffee******** there was also a person reading the same newspaper in the not far from him.

"Hey, I didn't expect that in addition to the group of mathematicians in the Renaissance, there were still people who used mathematical models to make money? And it's still a group of first-year students, and this first signatory seems to have a bit of a financial talent, not just a mathematician. ”

And Morgan's counterpart, the headquarters of Lehman Brothers, has a different opinion from his peers: "This is an academic liar, right?" A small team as a freshman can make money from Mexico? Or is it a mathematical model of the rotten street? Is this a mockery of the IQ of all financial investors on Wall Street? Fuld tossed the newspaper and was about to flip to the next one, when he stopped again, his eyes on the Wall Street Journal that had been tossed aside, and after a moment of thought, he pressed the button for the intercom call.

"Gather all the people at the headquarters and the head of the financial investment bank or above to the conference room for a meeting, and notify me to attend after arranging the time."

Su Jingzhen and Michelle didn't know that this paper to earn scholarships would set off a whirlwind on Wall Street, and they were worried at this time, not knowing how to spend the money they earned in Mexico.

"Su, didn't you get a driver's license, go buy a car or two, you don't live in an apartment arranged by the school, it's quite far to go to the college, there's no need to do the subway every day." Mike, as Su Jingzhen's driving instructor, first encouraged Su Jingzhen to buy a car.

"That's right, buy a supercar, we can also get dirty, since I came to NYU, I haven't succeeded in dating female classmates, the football team here is scum, and I'm useless as a quarterback." This is John, who jumped at the chance and blew up on the NYU football team.

"You two are sick, I'm a person of color, buy one or two supercars, do you want the gang to target me and then come to rob me?" Su Jingzhen was not fooled, Joanna and Michelle had all reminded him of this problem.

NYU is different from other universities in that it is located in New York City, and it does not have a walled campus like other universities.

Su Jingzhen and the others left the teaching building of the academy directly in the city of New York, where there are many people, and no one dares to guarantee that the consequences of showing off their wealth are safe, in case they are targeted by some gangster, then haha.

"Sue, do you think we can invest this money again?" Nancy is not like John, she is also a person of color, her sense of security is lower than Su Jingzhen's, when she has money, she is not the first to squander it, but how to make more money, and her rich personal economy can make her confident to live comfortably in New York, a paradise for rich people.

"The three of you gave me a part of the money you earned in the foreign exchange market, and you don't have much left, and you still want to invest there?" Although Su Jingzhen was emotional, he was actually very happy in his heart, because John and they regarded 30% of this part of the money as a commission and gave it to themselves for nothing.

Nancy first looked at Su Jingzhen with pitiful eyes, and seeing that he was unmoved, she immediately looked at Michelle again.

Michelle covered her forehead and said helplessly: "You ask Su, don't ask me, I don't have this ability, I can take you to make money, and you can spend money on shopping." ”

Su Jingzhen looked at Nancy's eyes and looked at himself again, shook his head lightly before saying: "Now the economy in Latin America is in a mess, it's chaotic, no one has the ability to see what the situation is inside, and it is very risky to invest money in it at this time, I am not sure." ”

"What about the rest of the world? Before you returned to China, the Nikkei began to fall, and you dare to say that you didn't make any money in it? As a Jewish, John has a very keen sense of touch, and immediately pointed out that the timing of Su Jingzhen's return to China was too coincidental.

"Do you think I am God? How did the Nikkei fall? It's because of the earthquake, if I could have known about the earthquake in advance, what else would I be reading here, I would go directly to the Earthquake Bureau, and a chief forecaster would be appropriate. Su Jingzhen rolled his eyes and retorted.

"John, don't talk nonsense, Su's money has been transferred to Hong Kong, and it has not entered the Nikkei, and he is going to open an electronic processing factory at home and take the money back for circulation." Su Jingzhen's money was transferred from Michelle's account, and of course she knew that the account she transferred to was HSBC in Hong Kong.

"So what do we do?" Mike didn't fool Su Jingzhen to buy a car, how to make money is the key.

"I think it's better for you to give the money to Michelle and let her go to the bank to buy a short-term financial derivative product, and it would be better if she could buy the Renaissance Medal Fund." Su Jingzhen gave the small team an idea.

"Don't think about it, the medallion has to be snapped up, and it maintains more than 30% of the profit every year, and more people buy it, and it is a private equity company, and I, a gold card user, can't buy it." Michelle quickly shook her head and refused, this is not a good idea, since the early nineties, the annual return of the medallion fund has averaged as high as 35%, and it is the most successful hedge fund, which cannot be bought.

"Whew......" Michael heard Michelle's words, wailed, and held his head and stopped talking.