Chapter 368: Falling into the Trap (Second Update 2300)

As soon as Robert Capito showed up and started asking questions, the atmosphere was already 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 directly asked whether the company used AI for automatic trading, the whole audience was in an uproar.

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

It’s bad, I 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. Capito." Luo Ziming licked his lips and was about to stammer out 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 she must have a lot of knowledge, at least better than himself.

Well, there are a lot of goods.

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

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

Finally, I can stare at her openly.

Robert Capito actually felt a bit 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 the application of the strong factor model to the large model."

"Let me introduce myself first. My name is Jane. I was a doctoral student of Professor Tong Yongshan and recently joined the 404 Foundation."

"The Woking system is essentially a risk control system. It uses the strong factor model developed by my teacher, Professor Tong. Through machine learning, it can more accurately judge risk factors, thereby reducing the failure rate of strategies and improving the overall rate of return."

"From the trading records just now, you should be able to see that under the recommended strategy of the Woking system, each order may not have the highest-growing stocks or sectors that day, but at the same time, each order almost never resulted in a major 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.

"A 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 achieve no losses every day. To achieve this rate of return, I don't deny that there is actually a considerable element of luck in the gains in the first half of the year."

"A considerable portion of the profits came from the surge in Nvidia and related sectors driven by AI and blockchain concepts, as well as our three founders' accurate judgment of the Federal Reserve's half-hearted approach to raising interest rates."

The trio was stunned when they heard this.

When did we accurately judge the Fed's ambiguous attitude towards raising interest rates?

Despite thinking so in their hearts, the three of them still became proud unconsciously, with calm expressions on their faces.

"That was my answer just now, Mr. Capito, do you have any 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, my God, I am about to drown in her eyes like spring water.

"I, I have another question." Robert Capito took a deep breath, trying hard to suppress the trembling caused by his surging emotions.

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

When Jiang Nanzhen heard Robert Capito's question, a few red clouds floated on her fair and tender face, 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 wasn't very good at academics, so I had to interrupt my studies to work in a company."

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

Now that I'm attending BlackRock's annual Hedge Fund and Alternative Investments Conference and have achieved such a high rate of return, does it still matter whether I have a PhD or not?

Moreover, people are always more tolerant towards women, especially beautiful women.

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

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

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

Unexpectedly, the woman who made her heart beat faster, 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 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 from the Alternative Investment Department directly to the Group?

Robert Capito's heart was beating like thunder for a moment.

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

"So, the Woking system used some of the underlying technology 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 founders, we also received selfless support from Professor Tong and Yuzu Technology. However, it should be noted that the Woking system is an independent large-scale model, and the 404 Foundation owns all of the Woking system's intellectual property rights."

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

Everyone present was surprised by Jiang Nanzhen's words.

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 Ramahadi?

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?

Is this true or false?

How come I don’t know?

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 member of the 404 team.

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 the tilted head and almost wanted to confess to Jiang Nanzhen on the spot.

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

"BlackRock is very interested in your funds 2, 3, and 4. I've reviewed the information for each of your three funds. If the actual results are consistent with the information, BlackRock is willing to subscribe to 20% of each fund."

!!!!!!!!!!!!!!!!!!!!!

BlackRock subscribed for 20% of the shares!

Or Robert Capito himself promised it!

Representatives from more than 120 investment institutions present immediately began to discuss the matter.

(End of this chapter)