Counterattack starts with controlling probability
Chapter 42 Gradually Gaining Recognition
Li Hao was a little confused by Liu Fei's sudden question.
However, he certainly considers himself an "experienced financial professional."
After all, if someone like me who could easily achieve a "hundred-fold" return doesn't count, then who else can? It can't be the investment advisors who cheated Liu Fei before, right?
He still has confidence in his abilities.
"Mr. Liu, that's right. I'm naturally one of them. Our team also has experts who specialize in investing in commodities and stock indices, as well as technical personnel with a deep understanding of investment, so we can polish the product very well."
Thinking of this, Li Hao answered confidently.
"Let's put the others aside for now. Li Hao, I heard that your previous private equity fund was liquidated due to poor management, leading to the dissolution of the company. I originally thought you acquired the tech company to start a new business, but I didn't expect you to stick to your original business?"
Liu Fei didn't just "hear" this. He had clearly conducted a thorough investigation and wanted to see how Li Hao would respond, so he asked him directly.
It would have been fine if he hadn't mentioned it, but this time when he brought it up again, Li Hao told Liu Fei everything that happened back then.
This includes the fact that the product he issued was a credit bond investment with principal guaranteed, and that the problems with the underlying assets were mainly due to creditor defaults, as well as how he fulfilled his responsibilities afterwards, basically bankrupting himself without mistreating investors.
Of course, he also did not forget to talk about how he got started recently and how he accumulated huge wealth again.
However, he attributed all this to his "rich experience". As for the existence of Lao Pi, this matter must not be known to anyone.
This also made Liu Fei change his previous view of Li Hao, and even accumulated more goodwill towards him. After a conversation, he could feel that Li Hao was a very responsible person, which also made him more "satisfied".
So, the topic returned to Xinxing Zhitou.
"Li Hao, your investment advisory product sounds good, but do you really think it can effectively solve the needs of investors in the market?" He directly expressed his concerns.
"So far, the simulated backtesting data for your system looks pretty good. But that's just some past data. Reality isn't that simple, especially in the secondary market, where transactions are done against counterparties."
When Li Hao heard what Liu Fei said, he knew that Mr. Liu was actually quite capable, after all, he had paid a lot of "tuition fees".
However, Li Hao is more confident in its actual capabilities. At the current stage, Xinxing Zhitou is just a small copy of Chen Kai.
He smiled and made a suggestion to Liu Fei: "Since Mr. Liu has doubts about the simulated trading, why don't we try some real trading? Now that the market is opening, I will use the real market to demonstrate the function of short-term trading."
Having said that, he recharged 10,000 yuan into a separately opened trading account without hesitation.
After the operating system sets up the short-term strategy, the interface begins to display trading data in real time.
Liu Fei looked at the screen on Li Hao's computer, his expression softened somewhat, but he remained cautious.
Although he had some interest in the AI trading system of Xinxing Zhitou, the green plant that Li Hao brought and the unexplained envelope made him a little more picky about it.
This was his assessment of Li Hao as a potential "son-in-law".
After all, his daughter is well-off, and he doesn't want to be careless.
Time passed minute by minute, Li Hao stared at the screen, occasionally adjusting parameters to better keep up with market fluctuations.
An hour later, the account balance quickly increased from 10,000 to 20,000.
Li Hao stopped the operation, turned to look at Liu Fei, and said, "Boss Liu, look, although it didn't take long, the effect is pretty good, right?"
Liu Fei glanced at the screen with a little surprise. The transaction speed and profit level just now really opened his eyes.
However, he quickly calmed down, shook his head, and frowned, saying, "Short-term trading is certainly profitable, but your performance in this hour is more based on luck. It can't represent long-term results, right?"
Li Hao nodded, understanding Liu Fei's concerns.
He replied, "Indeed, short-term gains inevitably involve an element of luck. However, our system also has strategies for long-term tracking and optimization. By constantly adjusting parameters and controlling risks, we minimize the impact of luck on the results."
Liu Fei continued to question, "One more thing. I noticed you were using a derivatives trading account. As far as I know, these markets are high-risk and high-return, but are they suitable for most ordinary investors?"
Without waiting for Li Hao's reply, he continued, "Most people who enter this market will easily lose everything. If such a system is promoted on a large scale, won't it cause investors to fall into an irrational speculative mentality and turn them into gamblers?"
Li Hao was silent.
This was indeed a question he could not completely refute.
In fact, in order to demonstrate the effect, he chose derivatives trading. Essentially, this market has extremely high risks. For ordinary investors, even if they can make a profit in the end, it is not the best choice.
Even if the AI system has a certain risk control capability, it cannot be applied to everyone’s risk tolerance.
"You're right, Mr. Liu," Li Hao nodded seriously. "New Star Investment's goal isn't just to focus on high-risk markets. In fact, we're also developing models for medium- and low-risk investments. In the future, we'll have specialized allocation methods suitable for investors with different risk preferences."
After listening to this, Liu Fei nodded slightly, but the doubt in his eyes was not completely eliminated.
Liu Xia, who was standing by, had been listening quietly since the conversation began.
Seeing that the communication between her father and Li Hao was becoming more and more in-depth, although she wanted to interject a few words, she couldn't. She could only sigh slightly and turned to walk towards the kitchen.
"These two men are so focused when talking about investment... I should go and see how the lunch preparations are going," she thought to herself.
The family's personal chef was busy, and she quietly asked about the dishes prepared today.
After a while, lunch was finally ready and Liu Xia smiled and invited them to sit in the restaurant.
After they ate for a while, Liu Fei said, "Li Hao, how do you like it? These dishes are all made by our family's private chef, who used to be the head chef of a Michelin two-star restaurant."
Li Hao also discovered just now that what he ate today seemed to be home-cooked food, but the taste was very unique.
He couldn't help but nod and praise, "It's worthy of being made by a high-level chef. The cooking temperature and flavor of the dish are perfect!"
Liu Fei smiled slightly, with a hint of pride in his eyes: "He has been our family's chef for many years and has always been very good. If you like it, I will ask him to prepare a few more of his specialties next time you come."
Li Hao nodded, secretly sighing in his heart, "Liu Fei's taste is indeed extraordinary. He is indeed worthy of being the head of Feiyue Media. Even the chefs at home are of high standards. Negotiating cooperation with such a person really requires a higher level of vision and patience."
Liu Xia, who was standing by, couldn't help but feel happy when she saw Li Hao enjoying the food seriously.
At the dinner table, Liu Fei occasionally asked some questions, either discussing the business model or inquiring about the technical details of Xinxing Zhitou.
Li Hao answered questions fluently and neither servile nor overbearing, and from time to time he would cite some practical application cases, which gradually made Liu Fei develop some new opinions about him.
As lunch drew to a close, Liu Fei put down his cutlery and said to Li Hao, "Although your project appears to have potential, it still requires more time and data to be truly convincing. Short-term results are certainly tempting, but only stable and long-term returns can truly impress investors."
Li Hao nodded in agreement, saying, "Mr. Liu, what you said makes perfect sense. Short-term trading only demonstrates the system's capabilities. We are also developing models suitable for different investors, and in the future we will have more data to support our advantages."
Liu Fei nodded slightly, and it was obvious that his attitude towards Li Hao had changed slightly.
As lunch was drawing to a close and the chef was about to leave, he suddenly noticed a small envelope with a special pattern tucked into the snake plant next to the coffee table in the living room.
He recognized the pattern at a glance.
The chef frowned slightly, picked up the envelope, and asked in confusion, "Boss Liu, what is this envelope?"
Liu Fei was stunned, as if he just remembered the existence of the pot of snake plant.
He replied, "Oh, this is what Mr. Li brought. You'll have to ask him. But it looks like you know what it is. How about opening it and taking a look?"
He glanced sideways at Li Hao, seeming a little surprised.
Li Hao nodded and said with a smile, "Yes, Mr. Liu, this is a small gift I specially prepared for you. It's a dining membership card. I hope you like it."
The private chef's eyes lit up, and he took a closer look at the envelope. Then, a hint of surprise flashed in his eyes, and he said, "This is... a special membership card for Chao Shang Chao, one of the only two Michelin three-star restaurants in northern Beijing!"
"Not only is this membership card extremely expensive, it also requires multiple levels of review. Even if you have money, you might not be able to get it. Especially since the 'Chef's Table' experience that comes with this card is a top-tier, custom-made experience and is extremely valuable."
When Liu Fei heard this, a hint of satisfaction and appreciation appeared on his originally calm expression.
He took the two and looked at them carefully, then smiled and nodded to Li Hao: "Xiao Li, you are really thoughtful."
Li Hao smiled and replied, "Uncle Liu has a lot of social engagements, so I thought this would be convenient for my own use, and also a way to entertain distinguished guests. I hope you find this gift suitable."
After the private chef left, Liu Fei's expression had softened a lot, and he showed a bit more approval of Li Hao's attitude.
He began to feel that this young man not only had a business mind, but also knew how to deal with people and had a broad vision.
After a short afternoon break, the three of them sat down in the living room again. Liu Fei said, "Xiao Li, today I've gained some preliminary insights into New Star Investment. However, to be honest, I still need a deeper understanding of the system's long-term performance. How about this? I can provide you with a small account. We can use this as a test run to give you a chance."
Li Hao smiled and nodded. "Thank you for your trust, Mr. Liu. I will take it seriously. In addition, to further ensure the stability of the service, I will also use my own funds to operate alongside your account, sharing the risks and profits."
After hearing this, Liu Fei couldn't help but smile in appreciation.
A trace of relief flashed in his eyes, and he nodded: "Young people are responsible. I appreciate your attitude."
He glanced at Liu Xia beside him and continued, "It's just right. Let Xiaoxia follow up at your company for half a year and work with you to observe the results."
Li Hao felt excited. It seemed that the thing he cared about most was about to succeed.
He tried to maintain a calm expression and replied with a smile, "Okay, Mr. Liu. Your daughter joining us will definitely be a great help to our promotion efforts. We will do our best to cooperate."
Liu Fei nodded slightly, his eyes filled with meaning. He looked at Li Hao and spoke in a slightly slower tone, "Little Li, I can see that you have considerable ability, vision, and character. It's truly remarkable to have achieved what you have today. But I have a curious question—are you married?"
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