The 220th Rose Fund relies on technology to win

Wei Dongsheng talked eloquently in front of a group of investors: "I started my business in July 2002, and Forbes valued me at $13.59 billion in March 2008, making an average of $2 billion a year. If I don't go short, I can make an average of $2 billion a year. ”

"I'm not short of money, I'm not going to go short for money, and I don't have to go short for money."

Wei Dongsheng first made a loud voice to set up an archway for the short selling of the Rose Fund.

Of course, the investors present did not believe Wei Dongsheng's explanation, and no matter how emotional Wei Dongsheng's speech and explanation, they regarded it as "both being a bitch and setting up an archway". However, the investors here will not blame Wei Dongsheng, because they are also both profit-seeking and archway, and are accustomed to accumulating a charitable image in front of the public while using Wall Street hedge funds to reap profits. In the face of Wei Dongsheng's explanation, the investors present tacitly showed a knowing smile of "I understand you".

Wei Dongsheng also understood the customs of Wall Street, and after setting up the archway in a concise manner, he immediately stood for the transaction in a language similar to Fulder. Fuld praised the history of Lehman Brothers, praised China Investment Corporation, CITIC Capital, praised Rose Fund for seeing through the future, and praised Wei Dongsheng as a genius rarely seen in a century; Wei Dongsheng also praised the past of Lehman Brothers, repeated the success of Spring and Autumn Group and Rose Fund, and showed the abundant strength to the investors present.

Considering his nationality, Wei Dongsheng sang a hymn to Huaguo.

Looking back at the GDP of various countries in 2007, due to exchange rate issues and different statistical methods, Germany is still in the third place in the world in some tables, and China has already surpassed Germany by a narrow margin in some tables. If the average exchange rate of the US dollar against the renminbi in 2007 is 7.6, China's GDP is converted to 3.3289 trillion US dollars. Under the same algorithm, Germany's GDP is about 332.04 million trillion, and China narrowly surpasses Germany with a narrow advantage of $8.5 billion. If the World Bank's calculation method is adopted, China's GDP is 3.4267 trillion US dollars, which is also narrowly ahead of Germany.

Considering the background of the appreciation of the renminbi, the current exchange rate of the US dollar against the renminbi has now fallen to 6.84, and the GDP of China in US dollars in 2008 will definitely be able to lead Germany by a large margin. Since it is a natural historical process for China to surpass Germany, there is no need to worry about whether it will surpass in 2007 or 2008. As a result, with the exception of a few biased people, Wall Street investors generally agree that China has overtaken Germany to become the world's third-largest economy.

Wei Dongsheng took the opportunity to use the rise of China's economy to endorse himself: "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 and overtake Japan. China's economy has taken off at a high speed, and Wall Street should recognize the reality and accept Huaguo capital with a broad mind. ”

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

Wei Dongsheng and Fuld joked: "Dick also started from scratch, from a trader to the helm of Lehman Brothers. However, this is not a feature of Wall Street. What is it about Wall Street? At the bottom, there are a bunch of elites who have the ability but no capital, and at the top stand mediocre people with capital but no ability. Investment banks, hedge funds, and managers who are familiar with various complex models, perceive crises through mathematical models, and make profits through mathematical model investments; And a group of directors and shareholders are more accustomed to communicating with you in a tone of voice: 'Don't let me look at these mathematical models, I don't understand them.' I assure you, I didn't get to this seat on my mathematical abilities or brainpower. Please treat me like a schoolboy and tell me succinctly and clearly what happened. ’”

Wei Dongsheng's ridicule is a bit inappropriate.

Because the vast majority of investors here are "mediocre talents" who can't understand financial mathematical models.

Fuld promptly came to the rescue with self-deprecation: "I'm also a mediocre person who can't understand all kinds of complex models. ”

Wei Dongsheng smiled and said, "Me too." ”

Wei Dongsheng continued: "I am also a mediocre person who can't understand financial models, and 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 your parents, it is a great ability for you to preserve your wealth and value to this day. The reason why you can become the 1% of the world, the reason why Dick can become the helm of Lehman Brothers, and the reason why Gong Qiuqiu and I can rise to prominence on Wall Street in the winter is because of the sense of crisis. Model-savvy managers see an opportunity to short, and we see the impact of the economic collapse on countries around the world. ”

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

Wei Dongsheng: "Whether you are short or long, there is the support of financial models behind it. That's the rule on Wall Street. The Rose Fund dares to go long, and it is not prophesied by my crow's mouth. In fact, Gong Qiuqiu and I also have a team behind us, and we also have a new model, a revolutionary new model, a new model that is different from the current financial model. ”

As he spoke, Wei Dongsheng suddenly held a magazine in front of him and showed the cover of the magazine to Fuld and the investor clients on the other side of the video.

《nature》。

Nature.

Everyone is not a scientific researcher, but everyone has heard of its prestige, but what can Nature have to do with Wall Street?

Investors don't understand, and neither does Fuld.

Wei Dongsheng took the initiative to introduce: "This magazine is the latest publication of Nature on September 4, 2008, and you may wonder what nature can have to do with the Rose Fund, and what can it have to do with the Rose Fund's acquisition of 40% of Lehman Brothers' shares by CIC and CITIC?" I can answer you here clearly, there is a relationship, there is a great deal. ”

Wei Dongsheng pointed to the cover of Nature magazine: "There are two big characters in the center of the cover, 'BIG' on the top and 'DATA' on the bottom, collectively called 'Big_Data'. In this issue, many important papers were published, such as "A New Method for Studying the Energy Level of Artificial Atoms", "The Degree of Regulation of Gene Expression by RNA at the Protein Level", "Observation and Research on the Black Hole at the Center of the Milky Way", "A New Method for Preparing Stable O Emulsions", "Multiple Ways for Poisonous Tiger Moths to Fight Predators", "Megaviruses with Parasitic Viruses", etc. However, the journal Nature put 'Big_Data' on the cover page. ”

"What is 'Big_Data'?"

"On the topic of 'Big_Data' or 'Big_data_special', the journal Nature reporter explores in simple terms how researchers can cope with the massive data streams generated by modern methods. Big_Data'corresponds to the big data projects we searched in the spring and autumn. Speaking of which, I would like to apologize to the big data project team of Spring and Autumn Search for being a victim of my excessive pursuit of perfect product thinking, and you regret that you have lost the opportunity to publish a paper in Nature Journal. ”

Wei Dongsheng put down the journal "Nature" and focused on himself: "Search engines are pioneers for massive data for global Internet resources. How to store big data, how to deal with big data, how to use big data, and how to extract useful value information from big data are the core technologies of search engines. In 2005, Spring and Autumn Search realized that the value of massive web pages and massive data on the Internet is not only to provide users with the results they want. The value of the massive web pages on the Internet is far greater than the web pages themselves. ”

"Before going public on the NASDAQ, Spring and Autumn Search had prepared the American version of Spring and Autumn Search in advance; Before preparing for the U.S. version, in order to provide U.S. users with high-quality services that competitors do not have, Spring and Autumn Search used big data projects to carefully analyze massive web data on the Internet in advance. Food, clothing, housing and transportation are the most basic needs of human beings, big data analysis of American Internet web data, Spring and Autumn search was surprised to find: there are problems with housing, real estate, and mortgage markets. ”

"One is that no one believes our conclusions, and the other is that the big data project needs to be tested by conclusions, so Spring and Autumn Search decided to prepare funds to form a rose fund. The big data model is the source of confidence for the Rose Fund to short the mortgage market, and it is also the scientific basis for the Rose Fund to short the mortgage market. Rose Fund shorted the mortgage market, not by relying on my god's chatter and prophecy, but by relying on the latest cutting-edge technology big data. ”

"We win by science."

Wei Dongsheng panicked.

Thirty years of memory told Wei Dongsheng that in the next few years, Internet companies will hype up the concept of big data, and even superstition to the point of deification. The higher-level knowledge system of the Shadow Empire told Wei Dongsheng that big data has its role but is not magical, it is just a superficial feature derived from the rapid interconnection of human beings through the Internet. In Wei Dongsheng's mind, big data is just a very common concept. However, no matter how ordinary the technology is, it also has its role. Compared to attributing the success of the Rose Fund to God's prophecy, big data analysis is obviously a better answer, and it is also an answer that is more acceptable to the world.

The big data lecture brought the perfect effect as expected.

The investors present were surprised that the Rose Fund had made a fortune by big data analysis, and Fuld was shocked that Wei Dongsheng had such a trick that caught him off guard, and the media reporters spread the story involved in Wei Dongsheng's video speech with relish.

In the Internet era, news from New York can be quickly transmitted to China in just three seconds by copying, pasting, and forwarding. Seven or eight o'clock before the opening of New York is seven or eight o'clock in the evening when night falls in Huaguo. The evening news network urgently broadcast the latest situation of the financial turmoil on Wall Street: "Wall Street is turbulent, and the results of the 48-hour emergency rescue are shocking: Bank of America abandoned Lehman Brothers and turned around to buy Merrill Lynch; Lehman Brothers received a $20 billion joint investment from Rose Fund, CIC and CITIC. ”

From March 2007 to September 2008, the Rose Fund went on a rampage on Wall Street and won numerous awards. However, because the official media had no intention of publicizing it, and Chunqiu was unwilling to bear the accusation of shorting, public opinion tacitly and deliberately ignored the existence of the Rose Fund. Well-informed circles may know about Gong Qiuqiu, the helmsman of the Rose Fund, and vaguely speculate that Gong Qiuqiu has the participation of the Spring and Autumn Group behind him; More ordinary netizens don't know which funds are shorting the mortgage market, and they don't know who the Rose Fund is.

All this, the initial public opinion was mostly concentrated in the state-owned background of CIC and CITIC.

Opponents lashed out: "Garbage in the middle of the cast." Last year, he took over Morgan Stanley with the hard-earned money of the people of the whole country, and this year he went to take over Lehman Brothers, ×××, Wall Street is your father. ”

Supporters supported it: "Morgan Stanley, Blackstone, Lehman Brothers...... the Workers' Party is trying to stain Wall Street red." ”