I am the only one who practices magic: I practice magic in the city

Chapter 368: Falling into the Trap (2300nd update )

As soon as Robert Capito showed up and asked questions, the atmosphere was different.

No one expected that Robert Capito, who was at the peak of his career in the financial world and second only to the emperor, would attach so much importance to this small company.

When Robert Capito began to ask further questions and asked directly whether the company used AI for automatic trading, the whole audience was shocked.

When Luo Ziming heard Robert Capito's question, he couldn't help but shudder.

Damn it, let it slip.

How could I be so careless?
And isn't this the president of BlackRock? Why is he here? He's not on the guest list.

"Mr. Kapito." Luo Ziming licked his lips and was about to stammer a few words when he heard Jiang Nanzhen next to him say, "Junior, let me do it."

Luo Ziming was stunned for a moment, then he realized that Jiang Nanzhen was also Tong Yongshan's doctoral student, and must have a lot of knowledge, at least better than himself.

Well, there are a lot of goods.

Seeing Jiang Nanzhen standing up, everyone was shocked, especially when they saw Jiang Nanzhen's figure, almost all the male creatures at the scene couldn't help but feel a desire in their hearts.

Robert Capito's heart was beating wildly and his mouth was dry.

Finally, I can stare at her openly.

Robert Capito actually felt a little more excited like a young man.

Jiang Nanzhen stood up, took the microphone from Luo Ziming, and looked at Robert Capito calmly: "Yes, Mr. Capito, the Woking system is indeed an AI. It is an application of the strong factor model on the large model."

"Let me introduce myself first. My name is Jane. I was a doctoral student of Professor Tong Yongshan and I just joined the 404 Fund not long ago."

"The Woking system is essentially a risk control system. It uses the strong factor model of my teacher Professor Tong. After machine learning, it can make more accurate judgments on risk factors and improve the overall rate of return by reducing the failure rate of strategies."

"From the transaction records just now, you should be able to see that under the recommended strategy of the Woking system, each order may not be the stock or sector with the highest increase on the day, but at the same time, each order almost did not result in a big loss."

“This is because the Woking system identifies risk factors rather than profit factors.”

"The Woking system builds portfolios based on risk factor analysis and uses a dynamic risk assessment model to achieve more robust returns by adjusting portfolio volatility."

Jiang Nanzhen pointed at the screen with a laser pen and spoke in a gentle tone.

"The 482% return rate may seem high, but everyone knows that if you can guarantee no losses every day and the profit return is 1.6%, you can easily reach this level in 100 trading days."

At this point, Jiang Nanzhen pursed her lips and smiled: "Of course, the Woking system is not so magical yet. It is impossible to make no loss every day. To get this rate of return, I don't deny that the gains in the first half of the year actually have a considerable luck factor."

"A considerable part of the profits came from the surge in Nvidia and related sectors under the concepts of AI and blockchain, as well as our three founders' accurate judgment on the ambiguous pace of the Fed's half-hearted interest rate hike."

The trio were stunned when they heard this.

When did we accurately judge the Fed's ambiguity about raising interest rates?
Even though they thought so in their hearts, the three of them still became unconsciously proud, with calm expressions on their faces.

"That was my answer just now, Mr. Capito, do you have any more questions?"

Robert Capito held up the microphone and wanted to speak, but he knew that his voice would tremble as soon as he opened his mouth.

She is looking at me, she is looking at me, her eyes are so beautiful, oh my God, I am about to drown in her eyes like spring water.

"I, I have another question." Robert Capito took a deep breath, barely suppressing the trembling caused by his surging emotions.

"We all know that the usable AI model was not made public until April this year. Where did 404's Woking system AI come from?"

Hearing Robert Capito's question, Jiang Nanzhen's fair face blushed and she smiled shyly and playfully. "Mr. Capito, as I just said, I was a doctoral student of Professor Tong Yongshan at Da Zhou National University. However, I was not good at academics, so I had to interrupt my studies and work in a company."

After hearing Jiang Nanzhen's answer, even though the other people on the field were not the targets of Jiang Nanzhen's divine power, everyone smiled very friendly.

Now that you've come to BlackRock's annual Hedge Fund and Alternative Investments Conference and have achieved such a high rate of return, does it still matter whether you have a PhD or not?
Moreover, people are always more tolerant towards women, especially beautiful women.

"Yu Fang, the founder of Youzi Technology, is also a student of Professor Tong Yongshan. My name is also in his paper "Application of Strong Factor Model in Deep Learning". Of course, I just did a little work to relieve the pressure for the main author. I am only one of the six co-authors of this paper."

When Jiang Nanzhen mentioned Yuzu Technology, Robert Capito's expression changed slightly.

During this period, Youzi Technology and Ysou have become a major threat that BlackRock wants to get rid of as soon as possible.

I didn’t expect that the woman who made my heart beat, the woman who just agreed to join BlackRock, was the senior sister of Fang Yu, the founder of Youzi Technology!

Is there any problem here?
No, no, no, if there was a problem, she wouldn't just say it so openly.

Moreover, just looking at her eyes, you can tell what a simple and beautiful woman she is.

Wait, if that's the case, then don't I have reason to transfer her out of the Alternative Investments Department and directly into the Group?
Robert Capito's heart was beating like thunder for a moment.

Jiang Nanzhen tucked the hair beside her ears and said as if she was unaware of anything:

"So, the Woking system used some of the underlying technologies of the Orange model in its early stages, so it should be considered a sister model of the Orange model."

"Of course, during the development process, in addition to the three of us, we also received selfless support from Professor Tong and Yuzu Technology. However, it should be noted that the Woking system is an independent large model, and the 404 Foundation owns all the intellectual property rights of the Woking system."

"Professor Tong Yongshan has agreed to join the 404 Foundation's board of directors and serve as a senior advisor to 404."

After hearing Jiang Nanzhen's words, everyone at the scene looked surprised.

I didn't expect that the beauty in front of me was actually one of the main developers of the Woking system that even Robert Capito was moved by.

A modern Ramahmi?

The 404 trio looked at each other in bewilderment.

Lao Fang did mention to the three of us that Dean Tong would join the board of directors, but the Woking system was developed by Senior Sister Jiang?

real or fake?

I do not know how?
Senior sister said it in front of so many people, it can't be false, right?

No wonder Lao Fang let Senior Sister Jiang register as a nominal member of 404.

It seems that he is the real boss.

Jiang Nanzhen tilted her head slightly: "Mr. Capito, do you have any other questions?"

"Just call me Robert." Robert Capito was instantly killed by this tilted head, and almost wanted to confess to Jiang Nanzhen on the spot.

But he still had reason after all. Robert Capito paused for a moment before speaking:

"BlackRock is very interested in your two, three and four funds. I have read the information of your three funds. If the actual situation is consistent with the information, BlackRock is willing to subscribe to 20% of the shares of each of them."

! ! ! ! ! !
BlackRock subscribes for 20% of the shares!
Or it was promised by Robert Capito himself!
Representatives from more than 120 investment institutions at the scene immediately began to discuss the issue.

(End of this chapter)