It is quite painful to sit down and listen to the non-stop chatter of the leader. However, it is very satisfying to sit on the stage and hold meetings with subordinates. This is a concentrated display of power, so most leaders are keen on it.

Small meetings are held for small matters, and large conferences are held for big matters. However, it is not easy to make meetings effective and efficient. It requires a high level of organizational management. Han Lie did not

Indulging in the atmosphere where everyone was attentive and serious, I explained all three things clearly in just over two minutes, and then started to roll the names. A brief summary of the three things is as follows - first, the overall operation

Follow me for ideas, don't make your own decisions. Second, for those who perform outstandingly in assisting and cooperating, I will give you the opportunity to express yourself freely.

Third, brainstorm ideas, each perform their own duties, and implement the company's first and second products perfectly. The picture is not big, but the ideas and direction are very clear. "Okay, it's your turn, I'm all ears."

Next, I spoke by name, mainly to let everyone get familiar with each other, and at the same time clarify their respective scope of responsibilities and how to cooperate. The first person to open the ceremony was Jiao Fangyan. She was very well prepared. She introduced her resume and actual results.

Summary, description of responsibilities, department management ideas, personal mid-term and long-term goals and most importantly... I flattered Han Lie. Excluding the last part, the overall logic is clear, the thinking is clear, the words are sincere, and it is very level.

With her proofing, everyone in the next group cheered up and worked hard to show off their abilities. Research manager Chu Hongfang is a practical person who is not very good at speaking. Her speech lasted less than 5 minutes, and Han Lie was on the spot

Remind him: "Tell me another 5 minutes and make up to 10 minutes." Chu Hongfang was stunned. Han Lie smiled gently and said: "If you have nothing to talk about at work, talk about your interests and hobbies, or your judgment on the future domestic economic situation.

, everything is good, the main thing is to make everyone feel good about you

A more intuitive understanding. So Chu Hongfang bit the bullet and talked about macroeconomics. Not many people could understand it, but it did show a solid foundation and a relatively broad vision. Next, deputy manager Jin Minghui’s

The speech is more administrative. Or it can be described as more bureaucratic.

There are relatively few real things, and the clichés are very empty, giving people a feeling of being a little oily. Han Lie did not make any comments on this. He just nodded lightly: "Minghui, President Jin has very high expectations for you.

, I need to learn more from Mr. Chu and Mr. Jiao in the future, "Yes, Mr. Han!"

Jin Minghui was very sensible and nodded respectfully, and his position was very correct. Only Dr. Teng Hui from Huaqing and Dr. Liu Yaohua from Wharton School were offered the position of leader of the research team. They had no complaints about this situation. Teng Hui has a more straightforward personality.

, when talking about his personal goals, he said bluntly - "I hope to help the company become bigger and stronger through my own efforts, dedication and professional skills, and then one day in the future, I can impress Mr. Han,

"Get an opportunity to participate in front-line combat." His so-called front-line combat is different from Jiao Fangyan's trading manager. He hopes to get an opportunity to take charge of a certain fund. Billions of funds are decided by him in the market.

Fight hard and get high profit commissions. It is difficult for private equity to reach tens of billions in scale like public funds, so the income from management fees is not high and it mainly relies on profit sharing.

Reminding him: "Talk for another 5 minutes and make up for 10 minutes." Chu Hongfang was stunned. Han Lie smiled gently and said: "If you have nothing to talk about at work, talk about your interests and hobbies, or your views on the future domestic economic situation.

Judgment, everything is good, the main thing is to let everyone have a more intuitive understanding of you."

So Chu Hongfang bit the bullet and talked about macroeconomics. Not many people could understand it, but she did show a solid foundation and a relatively broad vision. Next, deputy manager Jin Minghui's speech was more administrative.

.Or it can be described as... more bureaucratic. Realistic

There were relatively few things, and the clichés were very empty, giving people a feeling of being a little greasy. Han Lie did not make any comments on this. He just said lightly: "Minghui, President Jin has very high expectations for you. From now on

I need to learn more from Mr. Chu and Mr. Jiao..." "Yes, Mr. Han!"

Remind him: "Tell me another 5 minutes and make up to 10 minutes." Chu Hongfang was stunned. Han Lie smiled gently and said: "If you have nothing to talk about at work, talk about your interests and hobbies, or your judgment on the future domestic economic situation.

, Everything is good, the main thing is to let everyone have a more intuitive understanding of you." So Chu Hongfang bit the bullet and talked about macroeconomics, and everyone could listen.

Not many people know about it, but they do show a solid foundation and a relatively broad vision. Next, deputy manager Jin Minghui’s speech was more administrative. Or it can be described as more bureaucratic. 2 Real things

Relatively few, cliche

The empty words were very smooth and gave people a feeling of being a bit greasy. Han Lie did not make any comments on this. He just said lightly: "Minghui, President Jin has very high expectations for you. In the future, you will have more conversations with Mr. Chu and Jiao."

The president asked for advice, "Yes, Mr. Han!"

Jin Minghui was very sensible and nodded respectfully, and his position was very correct. Only Dr. Teng Hui from Huaqing and Dr. Liu Yaohua from Wharton School were offered the position of leader of the research team. They had no complaints about this situation. Teng Hui has a more straightforward personality.

When talking about personal goals, he said bluntly, "I hope to help the company become bigger and stronger through my own efforts, dedication and professional skills, and then one day in the future, I can impress Mr. Han and get a job."

An opportunity to participate in front-line combat..." His so-called front-line combat is different from Jiao Fangyan's trading manager. He hopes to get an opportunity to take charge of a certain fund. Billions of funds can be decided by him with just one word.

, fight in the market, and then get high profit commissions. It is difficult for private equity to reach tens of billions in scale like public funds, so the income from management fees is not high, and it mainly relies on profit sharing.

But correspondingly, the profit dividends of private equity are more flexible and the amount is higher. Under the premise of equally outstanding performance, the income can be much more than that of public equity managers. Top private equity managers can easily earn 1 billion in 5 years, and rubbish managers may lose their principal.

No, no one can become a junk-level manager even if they want to. Under normal circumstances, this is a process of continuous escalation of authority. For example, at the beginning, an analyst or trader

If the performance is outstanding, then the manager may be in the fund

The department delimited a quota of 5 million for him and let him operate on his own. If he achieved outstanding results, he continued to be empowered and returned to his original position. 5 million is a hurdle, 10 million is another, 50 million, 100 million, 2

Billion.\n.\n.

\n.\n.\n.\nUntil he builds his own team and completely controls a sum of funds, the process of continuous expansion of a fund company is actually the process of constantly discovering excellent managers. It is all thanks to Han Lie himself that he can manage several

How much money does it cost to support the product?

"If the company wants to grow and develop, I can't do it all by myself, so the opportunities you are looking forward to will definitely come, but the prerequisite is to do your job well and let me see your potential. Han Lie drew a piece of cake casually, click on it.

Stop and continue listening to other people's reports. Liu Yaohua's style is another, very frank and sober. "My personality and knowledge structure are more suitable for some macro analysis and judgment, and I prefer pragmatic research. So.

I am at the beginning of my work goals

The next step is to cooperate with Manager Chu to establish a working group to conduct long-term follow-up and observation of the macroeconomics of mainstream countries in the world. In the early stage, we can build a more extensive framework and roughly establish a world economic model. In this way

Study and judge the influence and impact of the current world economic cycle system dominated by the US dollar on the overall domestic economic structure, in order to gain the perception and judgment one step ahead of peers. Of course, for a long time, my research

I'm afraid the content will not substantially help the company's profitability. But there is no way. This is the only thing I am good at. Maybe it can become a reference for the rest of the company's analysts to study and judge domestic macroeconomic and industry data?" Liu Yaohua laughed at himself.

Laughed, and then stared closely at Han Lie. To be honest, with his ability and research field, he would not normally come to a private equity company, and ordinary private equity would not

There was no need for him at all. Han Lie specially invited him here after hearing someone mention it. As a result, Han Lie has not had a deep talk with him since he came, which made Lao Liu feel very anxious and anxious. The salary was released.

Getting high is one thing, you have to let me be useful! Facing Liu Yaohua, Han Lie specially said a few more words. "Dr. Liu, your ideas are very good, very forward-looking, and pragmatic enough."

The first sentence is affirmative, and the next step is the pie. "I'm not afraid to make it clear to everyone - I have very high expectations for the company. Now we are limited by our strength and can only engage in the secondary market, but our first equity investment fund is already in

On the road. In the future, the company will span multiple fields; and more than

Doing domestic business. This is why I specially invited you to the company. Last year's GDP data has been released, with a growth rate of 8%, continuing a steady downward trend. The tertiary industry accounted for 46.\n1%, exceeding 1% for the first time.

Secondary industry. It is optimistically estimated that in ten years, China GP will

D will account for 20% of the total world economy, about 5% behind the United States, basically reaching the same level, and becoming the most important other pole of the world economy.

This historical process is very likely to be temporarily interrupted by some accidents, but the historical torrent is not diverted by anyone's will. It will surely reach the end in the tortuous progress, and then face more difficult challenges and even confrontations. And in this way

In the process of economic development, our financial industry has broad space and bright prospects, but it is full of difficulties. Everything is done beforehand, otherwise it will be ruined. As an ambitious company, we must establish a perception and understanding of the world economy from now on.

Understand, keep pace with the times, and have the courage to explore more possibilities.

So Dr. Liu, your work is very meaningful. Although you may not see much effect in the early stage and cannot directly create value, the establishment of this framework and the study and judgment of all researchers in the company based on the world economic framework,

It will be very helpful for us to look at the overall situation and shape the system.

By using high and low, you can avoid risks more effectively and gain profits more accurately. This is why I can manage several stock funds on my own, but I still have to establish a huge research department. Your existence is a plan.

It’s not just one place at a time, but the overall situation over a span of ten or twenty years.” Han

As soon as Lie's words were finished, a burst of warm applause suddenly broke out in the conference room. This was the first time that everyone realized that Han Lie's structure sounded a bit big and empty, but the problem was that Han Lie really did this.

, it took a very high cost to establish a research department that exceeded the standard. If you only do business

Yi, just want to speculate and cut leeks in the secondary market, so in fact, there is no need for Chu Hongfang, Teng Hui, Liu Yaohua and their graduate students who graduated from the top five in the world. Each of them is not cheap. Liu Yaohua gets it before returning to China.

The annual salary is 1.2 million yuan, to Zhongmei

Later, it was reduced to 5 million, but there were bonus clauses. Chu Hongfang was paid at the deputy department level in Minsheng, and his salary was not very high. However, Zhongmei poached him at an annual salary of 3.5 million. Tagenhui's salary is relatively average for industry chiefs.

The level is slightly exceeded, 2 million. Jin Minghui is relatively weak, for his father’s sake

They paid 800,000 yuan, which is more than double the premium. But the problem is that their Tea has not yet been established. If they really have to meet the standards, the research department will soon expand to more than 30 people, with a salary of at least 12 million yuan a year.

Expenditures are increasing year by year. It costs at least 25 million a year to support such a department.

Salary, normal benefits of more than 10 million, and travel and research expenses of several million. How dare normal people do this?! I can’t even think about it! From Chu Hongfang to Liu Yaohua, everyone in the research department is extremely excited. And the relationship

The rest of the small department has nothing but admiration for Han Lie. Following a man who has structure and structure,

Ambitions and visionary leaders seem to be doing the same work, but the rewards are different. The collective fighting spirit is UPUP! It can be expected that within two years, the entire industry research department will have a net loss. Will it be able to rely on sales in the future?

The report earned back the department's salary...it's hard to say. But Han Lie did it anyway.

He roughly knows the economic structure of later generations, but there are many uncertainties in the details. Even if he now has level 5 economics and level 5 finance, it is obviously unreliable to use inference to make up for the missing specific events and policies.

Another example is emerging industries and unicorn companies worth investing in. Han Lie knows one Douyin, one Pinxi, and one OpenAl, but he has no memory of the rest.

After setting up the equity investment fund, does it only focus on Douyin? Other companies invest with closed eyes? Therefore, he needs such a think tank, and the company needs it even more. Every penny spent now will really be used in the future.

In the face of that magnificent era, early investment was of great significance. Han Lie did not regard himself as a speculator at all. He wanted to be China's financial godfather. The U.S. stock market melted down, the Eagle Country's exchange rate collapsed, and the RMB outflow

If it were possible, he would like to participate in all the investment funds in the Middle East, the overall shrinkage of investment funds in the Middle East, the U.S. debt crisis, and the bankruptcy of many European Union governments. What’s the point of just wandering around the country? Those who have great ambitions need to accumulate thousands of miles with small steps.

Enriching the research department and establishing a world economic observation window is the first step. When the model is almost complete, Liu Yaohua's team will need to add a considerable number of international political experts to integrate politics and economics in order to meet Han Lie's needs.

By then, the foreign exchange market, bond market, oil, gold, bulk commodities and other markets will all be Han Lie's battlefield. Wouldn't it be nice to cut leeks abroad and invest heavily in domestic technology companies?

But Han Lie did not tell the employees so clearly and far. You have limited hopes, do your own thing, and just follow me. I will bear the pressure. I am willing to share the glory with you.

Facing the thunderous applause in the conference room, Han Lie raised his hand and lowered his head. "Thank you! But let's wait until we have done our job well and truly realized our vision before celebrating... The next person is from our quantitative department.

Chief Engineer, Jack Young. "The quantitative department was a new thing in China at the beginning of 2014. But in a few years, quantitative trading began to spread in big A. Some retail investors who were stuck in their ways were bored as soon as they were bored.

Just scold the dog dealers and dog masters in the forum. In fact, most of the time, what keeps them trapped is just a group of robots... To understand quantitative trading, we must first clarify whether quantitative procedures are so amazing? Good strategies?

It is quite impressive to be able to achieve a success rate of over 70%. However, in the final analysis, this thing is just a rigid program. The advantage is that it does not have all kinds of human weaknesses, but the disadvantage is that it does not have the spirituality of a trading master.

The profit upper limit of quantitative trading is about 66% of the annualized return of Simons Medallion Fund. However, there is no quantitative company in China that can achieve a compound annualized rate of return of more than 50%. After all, Big A still has quite a personality, so Han Lie is right

Its requirements are not high - stable profits, adding a category to the company's product line, and improving the company's technological content. The important task of raising the profit ceiling is not obvious to you. I am a Chinese-American outstanding figure with a PhD in mathematics who switched to finance.

Keyang spoke half-English and half-Chinese broken Mandarin, talked about a lot of techniques, and then invited everyone to accompany him to experiment with trading strategies. He received enthusiastic responses from everyone. They were very good, they were all energetic, and they were willing to embrace the future. Their quality was very good.

The previous grass-roots team has improved too much. Next, logistics manager Zhao Zhongshi, legal assistant Lu Shuli, compliance director Gao Yuan, and sales and customer service manager Lan Xin spoke in turn, fully demonstrating their respective personalities and styles.
Chapter completed!