The Son of Finance of the Great Age

  Chapter 1 Space-Time Tunnel

  Does space-time tunnel really exist?

  Before crossing, Zhong Shi would definitely scoff and dismiss him. As a top student at Caltech and a Ph.D. in astrophysics who graduated at the age of 28, he naturally looks down on the things imagined by these laymen.

The California Institute of Technology (Caltech) is a prestigious university in the world. It is located in California on the west coast of the United States. It was founded in 1891. The whole school has only less than 2,000 students from all over the world. Engineering, mathematics, computer science, etc. are among the top universities in the world.

  Different from MIT, another world-renowned institute of technology, Caltech is a more refined institution with a stronger scientific atmosphere. The talented scientists, Nobel Prize winners per capita, published papers per capita, and paper citations per capita here are all higher than the prestigious school on the east coast.

  China’s famous “Father of Missiles” Qian Xuesen once said when mentioning the difference between the two schools:

"At MIT, I felt nothing. I got my master's degree in one year, and my grades were still top-notch... Then I transferred to Caltech, and I felt very different...Here, you have to think what others didn't expect Things, say things that no one else has said... It's not okay to take small steps, you will be surpassed by others in no time..."

  Zhong Shi completed his undergraduate education at Yenching University, and then successfully applied to Caltech for doctoral research in astrophysics, and in just four years, he obtained a master's degree and a doctorate degree.

In the United States, the Master Degree (MasterDegree) is only regarded as a transitional degree. People still value undergraduate education and doctoral education. Generally, it takes at least five years to get a Ph.D. dissertation, all other programs completed) within seven years after the dissertation cannot be completed, then you will not be eligible for a doctorate for life.

  In history, there are often some talented students whose doctoral dissertations were published in the best professional journals before being defended, and some were even too long, so they had to be serialized in several issues. The famous Chinese economist Zhang Wuchang’s doctoral dissertation "The Theory of Shareholders" was serialized in JLE ("Journal of Law and Economics") for four issues before it was defended, and became the pioneering work of modern contract economics, which caused a sensation at the time. Western economics.

   Although Zhong Shi is not that exaggerated, he also won the Ph.D in four years, which caused a wave of waves in Caltech.

  No way, there are too many geniuses here, and with Zhongshi's IQ of 160, it is just a lower-middle aptitude.

   Coming out of sunny California, Zhong Shi declined the invitation of NASA and turned to the embrace of Wall Street.

Since the 1980s, quantitative investment has gradually entered the sight of Wall Street. With the success of several hedge funds with quantitative models as the main strategy, Wall Street began to favor graduates with academic backgrounds such as mathematics, physics, and statistics. Come.

   Mathematicians, statisticians, rocket engineers, and even PhDs in physics began to fill this industry that deals with financial statements and macroeconomic data every day.

  Zhong Shi joined the fixed income department of Morgan Stanley, a famous Wall Street investment bank, and became a trader. Soon he was making a name for himself in the bond trading market as an ace trader, and soon he was promoted to Senior Vice President (SVP).

  In 1997, Morgan Stanley entered Hong Kong and entered Central. With a mainland background and fluent Mandarin, Zhong Shi was sent to the Asia-Pacific region and became an executive general manager (ED).

Thanks to the rapid development of mainland China, the rapid expansion of the joint venture investment bank Huaxia International Capital Co., Ltd., and the efforts of a group of geniuses in the Asia-Pacific region, Morgan Stanley has firmly suppressed its rival in Asia—another famous Wall Street firm. investment bank Goldman Sachs.

  However, after entering 2002, Feng Shui took turns, and Goldman Sachs began to stand up and dominate the capital market in Asia. (Readers can think about why!)

In 2007, Zhong Shi was promoted to the managing director (MD) of Morgan Stanley Asia Pacific, but that year, because an internal email was accidentally exposed, he could only resign sadly and left Morgan Stanley, which had worked for decades. .

   That internal email was the chief economist for the Asia-Pacific region at the time, denouncing the political policies of a small country in Southeast Asia. For well-known reasons, the economist and Zhong Shi could only leave.

Zhong Shi, who left Morgan Stanley, did not worry about the way out. After two months of rest, he set up his own hedge fund. Based on his consistently excellent performance, a lot of funds came in, including the management of Huaxia Kingdom. Forex Huaxia Investment Co., Ltd.

  Zhongshi has lived up to expectations. Since the establishment of the fund, its net worth has grown steadily. Even in the financial crisis of 2008, it went up against the market and became a star fund in the Asia-Pacific region. And he himself was named as one of the most dazzling fund managers in the Asia-Pacific region by the Wall Street Journal.

  Although most of his funds are invested in the capital markets in Europe and America. However, in order to attract high-net-worth people in mainland China, he also set up a Huaxia Growth Fund with A-shares as the investment target. It is a pity that the capital market of Huaxia Kingdom and other major Western markets have different operating systems. His star fund The manager, who has been losing ground in A shares, has even become a laughing stock among some fund managers.

He went abroad to study for a few years, and worked on Wall Street for seven or eight years. Although he worked in Hong Kong after that, he was never in the mainland. Fight for the fund managers who have grown up.

  After disbanding the A-share fund, it was already 2011. When he was depressed, he thought of going out to relax. Driving his own luxury yacht, Zhongshi set off from Hong Kong, passing through South Asia, India, the Middle East, the Mediterranean, etc., and finally arrived at his destination in London.

  Most of his fund companies use quantitative models and computers to conduct transactions. As long as there are no problems with the models, they don’t need too many people to manage them. In fact, his fund company has only 20 people and manages billions of dollars of funds.

Along the way, he has seen the exotic customs of South Asia, the Taj Mahal, a world cultural heritage in India, the affluence and deserts in the Middle East, the ethnic antagonism in Gaza, the casinos in Monaco, the cathedral in the Vatican, the snowfall in the Alps, the bullfights in Madrid and British arrogance!

  However, after visiting the British Isles, he thought that since he had traveled half of the world, he might as well complete the remaining half.

   Across the entire Atlantic Ocean, the yacht finally stopped in Bermuda.

  Bermuda is located in the North Atlantic Ocean and is an overseas territory of the United Kingdom. It is about 1,000 nautical miles away from Miami, Florida, USA. Zhongshi intends to rest here for a period of time before preparing to enter the territorial waters of the United States.

Bermuda is composed of 7 main islands and about 150 small islands. Only 20 islands have people, and the total population does not exceed 70,000. However, it relies on tax policies and is favored by the international financial industry. It is a famous offshore island. Financial market.

However, Bermuda is more famous for its triangle area, that is, Bermuda Islands, Miami in Florida and San Juan, the capital of Puerto Rico. A triangle is formed between the three. Unknown ships and planes often disappear in this sea area, so science cannot To explain things, there are even people who say that there is a space-time tunnel here. Scientists from various countries could not explain this strange phenomenon. Over time, this sea area has been called the "Devil's Triangle".

Zhong Shi naturally scoffed at these legends. From his Ph. Restored below the speed of light, the time lost on him will be less than that of others, which means that he has come to the future.

   No object faster than light has been found yet. If found, the entire physics system will be changed!

  Physics has another theory about going back in time, that is "wormhole", that is, there may be a narrow tunnel connecting two different time and space in the universe, through which instantaneous space transfer or time travel can be done. However, according to the theory of modern physics guru Stephen Hawking, "wormholes" can be connected to other universes, which may be future or past universes. But in theory, the size of the "wormhole" is very small, even smaller than the atomic nucleus. It is estimated that people can only be transmitted by dividing people into elementary particles.

  As soon as Zhong Shi arrived in Bermuda, he received a call from Hong Kong. On the phone, his employees told him that a "black swan" in the capital market had appeared and asked him to go back and preside over the overall situation.

  "Black swan" is a financial term that refers to an unpredictable major rare event that is both unexpected and changes everything.

  On May 17, 2012, the Greek Presidential Palace announced that the reorganization of the cabinet had failed, and that cabinet elections would be held again in June, and it was possible to withdraw from the Eurozone. As soon as the news came out, the entire European market was shaken, and the market appeared pessimistic. The European Central Bank and the governments of various countries hold a large amount of Greek government bonds. If Greece declares a default, these government bonds will instantly become waste paper; in addition, Greece has set a precedent for this, so heavily indebted countries such as Spain and Italy will become the next target .

It is difficult to find buyers in the market for Greek government bonds whose yields have soared. Originally, Zhongshi believed that the European Central Bank would not ignore it and would definitely help Greece through the crisis, so he bought a large amount of Greek government bonds. However, the Greek Prime Minister expressed his disapproval. A referendum on the EU's aid plan stunned EU officials, the Greek parliament, and even markets.

   But then the prime minister was forced to resign under pressure, and the Greek president authorized former European Central Bank vice president Papatimov to form a new government, which eased the panic in the market.

After two rounds of aid from the European Union, the market regained confidence in the Greek government, and finally solved the urgent need for Greek national debt. However, in May, the failure of a coalition government in Greece put another layer on the possibility of a default on Greek national debt. shadow.

As early as the first aid from the European Union, Zhongshi bought Greek government bonds frantically, betting that the Greek government bonds would not default in the end, while most funds in the market were selling Greek government bonds frantically, and the yield even rose to 1000%. That is, sell at one tenth of the book price.

  If Greece completes self-salvation, then the assets of Zhongshi will surge several times! But if Greece ends up defaulting, he will lose all the money he spent on it.

  The matter was no small matter. Zhong Shi ignored the stop order of the control tower of Kindley Airport and flew a small plane to Miami in the midst of lightning, thunder and pouring rain.

  He originally intended to go to Miami first, and then fly there to Hong Kong to dispose of the Greek national debt in his hand as soon as possible, but without the command of the control tower, he couldn't tell the direction for a while, so he could only return in the thunderstorm layer.

   Just as he was about to call the control tower, an arm-thick lightning flashed in front of the plane, and the surrounding air suddenly rippled outward at a speed visible to the naked eye like a wave. Zhong Shi couldn't dodge in time, followed the small plane crashed into it, and then disappeared.

On a small island in Bermuda, a black father and son were fishing in the torrential rain. The young son looked up at the sky and just saw this scene. He babbled to his father who was swinging a harpoon, The black father looked at it, lowered his head again, and muttered blankly: "Another unfortunate guy, may God bless him!"

  The tower on the ground only heard "what is this", and never received other signals. After the rain cleared, they sent a search team, but they searched most of the sea area, but there was still no trace. In desperation, they had no choice but to report the incident to the US government, and let it go.

  (end of this chapter)