Chapter 346: Talking to the enemy on the phone (thanks to the leader teng1861)(2/2)
Miller was able to be among them and communicate with them almost equally, relying on his last name: Rockefeller!
But these are not important for the time being.
What matters is what they are communicating at this moment.
"He has not moved yet! He has been shorting..." Citi's head frowned on the first computer screen on the left.
The second computer screen on the left is Ray Dario of City Bridgewater Fund, a financial legend who brought a small financial workshop to the world's number one hedge fund.
His expression was very calm, but his heart was not at all calm. However, it was expressed, but it was impossible to see what he thoughts were inside:
"In theory, the other party's losses are almost over 1.5 billion US dollars. Why is he still unwilling to move?"
Goldman Sachs people frowned.
"We invest no less than the other party! And because of the sudden rise of the bulls, although it attracted many other forces to enter the bulls, it also attracted other big bears!"
"If the other party doesn't come in again."
"If other big shorts enter, we will be in trouble!"
The mathematician of the remaining Medal Fund for the Financial Legend didn't speak.
The Medal Fund was established in March 1988 and is the first fund product of Renaissance Technology, a private equity fund company in the United States. The fund managers of the product are two famous mathematicians: Simmons and Ax. They won the highest honors in the academic community in 1967 and 1976 respectively, and the five-year Webrunn Award of the American Mathematics Society, which is the origin of the name of the Medal Fund.
The funds founded by mathematicians are of course different from those who are professional in finance.
Since its establishment, the Medal Fund and the Renaissance Technology Company behind this, their hedge funds have traded in the global markets, using complex mathematical models to analyze and execute transactions, many of which have been completely automated.
Revival Technologies uses program models to predict the prices of financial instruments that are easy to trade. These program models are built after a large amount of data is collected and predicted by searching for non-random behaviors.
It can even be said that the big data that Internet companies now advocate is actually proposed by two mathematicians more than 20 years ago, the founders of Renaissance Technology Company and the Medal Fund.
To collect data and build these procedural models, Revival employs a large number of professionals with non-financial backgrounds, including mathematicians, physicists, sociologists and statisticians. In the company’s office in East Sitorkite, one-third of its employees have a Ph.D.
All investment companies and fund companies around the world are counted as one. In terms of academic qualifications, they will be beaten by Simmons' company!
Mathematicians do things differently.
However, it just so happens that James Simmons is a money-loving mathematician who puts his mathematical talent into finance.
It made him a strange flower in the financial industry, and it was still a very successful weird flower.
Simmons is almost the same age as Ray Dario.
In this video conference of the Big Five.
This former mathematician has never spoken at the financial legend except when cooperating with transactions.
In order not to be cold, Miller Rockefeller turned to look at Simmons' video chat computer screen after the others finished speaking. He first called out the other party's name:
"Dear Mr. James..."
Then he continued: "My father only admires two people in the cash financial industry. One is Buffett who is steady and steady. Although I don't like Mr. Buffett's style, I have to admit that Mr. Buffett's style has made him extremely successful!"
"And the other one."
After saying this, Miller Rockefeller paused and continued: "The other financier that my father respects is Mr. James! You proposed that using mathematical models to calculate changes in futures and financial markets is deeply loved by my father."
Miller Rockefeller's words made James Simmons's face slightly moved. He was the head of Rockefeller's family, although he was far less powerful than the first generation John Rockefeller.
But this is Rockefeller after all.
James Simmons, who had never spoken, said, "Say hello to Mr. Rockefeller for me through the computer screen and camera! My model can only be used in general small transactions. In trading markets with more than 1 million, the accuracy rate is not high. But I believe that mathematics is omnipotent. The reason why we cannot achieve a 100% success rate is that we do not understand enough mathematics!"
Miller Rockefeller nodded.
"Mr. Simmons, what do you think of the indifferent approach of Sefrosa?"
Miller asked.
Simmons opposite was about to speak.
suddenly.
Miller Rockefeller's younger brother, Hawke Rockefeller, walked over with a weird face and stood behind his brother.
Seeing my brother's arrival.
Miller's eyebrows frowned.
I couldn't help asking, "What's wrong? My brother."
The four people in the video also temporarily stopped the conversation because of Hawk's arrival.
Hawke nodded slightly to the four financial legends in the video and then handed over a cell phone in his hand and said softly:
"Look for yours..."
Miller frowned unhappily.
My younger brother is really too important. For such an important meeting or such an important occasion, even if my father calls at this time, he shouldn't come to disturb him if there is no real urgent matter.
"Hang out! Let's talk about it when I get it done!" Miller said unhappily.
He thought he had said that.
Hawke will leave.
Unexpectedly, Hawke was indifferent, but instead handed the phone in his hand forward a little, and said with a strange expression: "I think... you'd better listen to this phone."
Miller was really unhappy.
Too ignorant!
He was about to scold Hawk.
But I heard a word from Hawke's mouth:
"Sefrosa!"
A simple word.
Chapter completed!