Factor Tide

The protagonist, Lu Yuanzhou, has a Ph. D. In finance. He started by earning 3 million by doing macro factor analysis for private equity while studying for his PhD. With the help of the "macro-micro-volume and price-alternative data" multi-source pipeline and iterative quantitative model, he has gone through seven version iterations from V0 to V7, and has grown from an individual real trader to the founder of Yuanqi Capital with a scale of 27.5 Billion. Lu Yuanzhou went from "believing that models are omnipotent" to "understanding model boundaries, institutional frictions, geo-noise, and human liquidity runs", and finally established a hybrid investment research system with "quantification as the skeleton, macro scenario matrix as the constraints, and active verification as the safety valve." The novel is anchored by real historical events and runs through eras such as the late RMB 4 trillion period, the 2015 stock market crash, supply-side reform, new asset management regulations, the impact of the epidemic, the AI ​​computing power cycle, and the super market of non-ferrous metals.