My Age of Investment

  Chapter 935 Platform Achieves Talent

  A few days later, in the morning.

  Xia Jingxing in suits and shoes, well-dressed and well-dressed Xia Jingxing, also dressed up with bangs and Jiang Ping, took the white Rolls-Royce Phantom that Lin Zong gave to Xia Jingxing and drove towards Seventh Avenue.

"Is this the car that Mr. Lin gave you for nothing?" Liu Hai sat in the co-pilot, patted this and touched the car, he looked like he couldn't put it down, and immediately commented: "It's pretty good, it's all top-notch configuration. , It seems that Lin always really used his heart."

   "What's in vain? Then I won't be Xia Bailao?" Xia Jingxing smiled and waved his hand: "If you like it, just take it and open it."

"never mind!"

   Liu Hai hurriedly declined, “This is a gift from someone else, so you should keep it for yourself! I took so many bonuses, and I won’t be able to spend it all in my life, so let’s buy one by myself.”

  Speaking, Liu Hai also sighed in his heart that the Lixia No.1 Fund was successfully liquidated, and then Xia Jingxing gave him a bonus of more than 80 million U.S. dollars without frowning.

  Even if divided by three years, the average annual income has reached more than 20 million US dollars.

  This income is not much worse than that of the CEOs of large investment banks such as Bellan Kefan and Mack.

  The employees who don’t understand the real market feel that he has caught up with the income ceiling of professional Wall Street managers like Bellan Kefan, but it’s actually pretty close.

Because Goldman Sachs will give Bellankefan tens of millions of dollars in bonuses regardless of whether the market is good or bad. More precisely, a century-old store like Goldman Sachs can withstand the fluctuations of the financial cycle, and its performance will not go bad no matter how bad it is. Therefore, the income of executives is relatively stable.

  Of course, he did not particularly envy the big guys like Bellan Kefan, because Xia Jingxing had treated him very well, and it could even be said that he had taken care of him deliberately.

  The outside world has always thought that the Lixia No.1 Fund was a record of his investigation of the market, meticulous research, formulation of investment strategies and sophisticated trading.

  In fact, only he knows best, and most of the credit for the fund’s performance should be attributed to Xia Jingxing.

  Just talking about the battle of shorting Wisdom Fruit, let him be amazed! Humbled!

Going long first and shorting later, the stock price trend of Wisdom Fruit went from peak to trough, which was predicted by Xia Jingxing to be inseparable. As for the linkage of the financial market with industry and online public opinion, it gave him a vivid textbook style. Short case.

  Speaking of profit, a series of operations on Wisdom Fruit made a total of more than 800 million U.S. dollars, accounting for nearly 40% of Lixia No. 1’s overall profit.

   Therefore, taking so many bonuses made him a little uneasy. He found Xia Jingxing several times and persuaded the latter to reduce the bonus distribution ratio and give him 5% of the company's revenue generation.

  With a 5% commission, he is still a little emboldened, because he has made more than $80 million in profits for the company by doing long Nvidia’s investment.

  Invested 10 million U.S. dollars and earned more than eight times in less than two years.

  In August of the previous year, it started to build a position in Nvidia at an average price of US$9.1/share. In April last year, it shipped half of it at an average price of US$61/share, with a profit of more than 30 million US dollars;

  When the fund was liquidated some time ago, the remaining half of the position was cleared out at $108/share, and a total profit of $82.85 million was deducted after deducting the principal of 10 million.

  In addition, in the last six months of the fund's existence, without Xia Jingxing's guidance, he alone increased the fund's net assets from 1.6 billion US dollars to 2.2 billion US dollars, and the annualized return rate reached 75%.

  Of course, he doesn’t think that the big credit really belongs to him. It should be said that the role of the platform is far greater than his personal efforts.

  If you change individuals to stocks, you may be able to reach 37.5% of the fund's net value increase in half a year. You only need to buy dozens of stocks and increase the price by a little more than one-third.

  Xia Jingxing was silent when Liu Hai talked about the bonus, and immediately guessed what the other party was thinking.

   "Hey, why is it starting to be hypocritical again, isn't it only more than 80 million US dollars, is it so hot?"

  Xia Jingxing feels that Liu Hai is still not confident enough, and he probably feels a little bit living in his own shadow.

   "Old Liu, Jingxing tells you to hold it. You can hold it. If you don't take this bonus, what should I do?"

  Jiang Ping made a rare joke, "You know that I only receive a dead salary at the moment, and the children in the family are still waiting for the milk powder to drink."

  "You are different, Xiaoman No.1 has been in your hands for more than a year, and he has made a profit of 1 billion US dollars."

Speaking of this, Liu Hai admired and said, "This is not the most terrifying thing. The most terrifying thing is the kind of stability. I seem to have seen a legendary fund that has maintained an annualized rate of return of more than 50% for 20 consecutive years is being born. ."

  Jiang Ping laughed blankly, “How can it be so exaggerated, as the fund size expands, the return rate will plummet in the future, and I am afraid that it may fall below the 10% line in a few years.”

"How is it possible!" Liu Hai shook his head again and again. Jiang Ping gave him the feeling that he was a low-key student. You will never see his limit. Even if he manages 10 billion US dollars, maybe he can maintain more than 50% every year. rate of return.

  This kind of stable operation style, I am afraid that every boss likes it, because there is no need to experience the feeling of sitting on a jumping machine. In the financial market, the leftover is king! Baro, who has killed a group of contemporary investment masters, should have a great say in this regard.

Jiang Ping laughed and chatted with Liu Hai. To be honest, he didn't like Liu Hai very much before. He felt that the other party was too mediocre. He randomly pulled out a bottom-level analyst from Wall Street. His IQ and academic qualifications may be better than Liu Hai. high.

  But long-term contact has made him change a lot of his views on bangs.

  This guy is more persevering. He is a researcher and an MBA student. He also asks him in a low profile from time to time, trying to absorb knowledge like a sponge.

  He knew that Lixia No.1 had been Xia Jingxing in the micromanagement before. It can be said that he brought the football to the penalty area and then assisted Liu Hai to score.

   Judging from the performance of the Lixia No. 1 Fund this year, there was nothing wrong with the goal, and the single-handed goal was scored cleanly.

  When the fund was liquidated, the stocks in the investment portfolio were basically reduced to a high point, and the biggest result was preserved. It looks like a financial elite!

  But if you want to say how powerful it is, I can’t talk about it.

  He feels that Liu Hai needs to truly prove himself in the management performance of the US$3 billion Lixia No. 2 Fund.

  Xia Jingxing smiled and watched Liu Hai and Jiang Ping’s business exaggeration.

   Liu Hai is actually just a middle-aged figure. If he allows him to work alone, it is almost impossible to get ahead on Wall Street, which is full of arrogances, and it is even difficult to get into the industry.

   But he gave Liu Hai a chance, and the other party was still upbeat and seized the opportunity. In three years, he made great progress, and at the same time, he found a path that suits him.

  What road is it? Putting a long line to catch big fish like the old man of Barbara does not spend much time, but it is effective.

  In the business map of the Vision Capital hedge fund, such a stock strategy fund is needed to capture high-quality growth stocks in the market.

  In addition to the Internet, white horse stocks in other industries, especially the white horse stocks in the international market, he returned to China in the mobile Internet era in his previous life. He can't remember much. This needs to test Liu Hai's ability.

  If Liu Hai can withstand the test and expand the investment field of the stock sector to beyond the Internet in one fell swoop, the ceiling of the stock strategy fund will be raised a lot.

   More than ten years later, even if he retires honorably, he doesn’t have to worry about the stock strategy fund directly pulling his hips.

  Of course, I think I’m a little far away. Right now, Liu Hai is willing to learn, has the ability to grow, has self-knowledge, and has no particularly big ambitions, and his loyalty is guaranteed. This is enough.

  (End of this chapter)