Chapter 54, "Jiang Hao Curve" Theory
Studying at Yenching University is not actually a very good experience, and it is not like you can just sit back and relax after getting into Peking University.
On the contrary, after staying here for less than a month, Jiang Hao felt that this place was much more frightening, anxious and introverted than that ordinary university in Shanxi Normal University.
For the students here, gold medals in the International Mathematical Olympiad, first prizes at the national level, or the tenth level of piano are not at all rare.
More importantly, every teacher here is awe-inspiring.
The teacher giving the lecture today is very young. Not only does he have the halo of a . in Economics from Harvard University and a professor at the Guanghua School of Management at Yenching University, he also holds various positions such as member of the International Monetary Fund, auditor of the central bank, etc.
He stood on the podium, exuding the aura of a "big boss", especially his recent paper on the research of "Jiang Hao Curve Theory", which was published in the "Econ top 5" of the "Quarterly Journal of Economics", which brought his career a step forward.
Therefore, this young professor named Wu Xuanche highly praised the "Jiang Hao Curve Theory". He was the first to introduce this theory into the audit work of the central bank.
So today his class not only attracted students majoring in economics and management from Yenching University, but also attracted students majoring in economics and management from Shuimu University next door.
When Jiang Hao and Song Wan walked into the classroom, not only were the classrooms and corridors packed with classmates, but there were also many classmates standing in the corridors who came here because of their reputation.
"It looks like we have to skip class today, hahaha. How about I give you private lessons." Seeing that he couldn't squeeze into the classroom, Jiang Hao said to Song Wan with a smile.
"Hahaha." Song Wan smiled and said, "That's great. Maybe I can learn some experience from them, get first-hand information, and publish an article in a top magazine!"
Jiang Hao seemed to have some evil thoughts on his mind, and after hearing what the girl said, he had some wrong thoughts.
But there is never a lack of justice in society. This class is about a theory named after Jiang Hao. Now Jiang Hao himself is here, so how can there be no seats?
Is that true?
So a classmate from Yenching University walked into the classroom in displeasure and yelled:
"No, you guys are here to take classes at Shuimu University next door. Can you please have some shame? Jiang Hao is here, why don't you give up your seat?"
Although there was no label to identify who was from Yenching University and who was from Shuimu University, the difference was still very obvious after the young student finished scolding them:
Those students who held their heads high and looked proud were obviously from Yenching University. They were proud to be Jiang Hao's classmates.
Those who lack confidence and keep their heads down pretending to be busy can be seen at first glance as those who come to attend classes at the neighboring Shuimu University.
"Boss, take a seat!"
The two classmates smiled and gave up their seats to Jiang Hao and Song Wan.
"Thank you!" Jiang Hao thanked with a smile and sat down.
In fact, when Jiang Hao learned that a teacher from Yenching University was going to talk about his theory, he was quite looking forward to it. It was like the Chinese teacher in middle school was going to talk about the essay that he wrote and got full marks for. Jiang Hao also wanted to listen.
"Oh, there are so many people!"
When the young professor Wu Xuanche looked at the crowded classroom, he was also shocked. He put down his bag, fiddled with the PPT, and chatted with his classmates with a smile: "It seems that everyone is still very interested in this new theory?"
"You are very lucky. This new theory of Jiang Hao's curve has opened a gap and led us into a new field."
“It’s easy to achieve results in a new field;”
"But at the same time, you are also unfortunate. Your textbooks have not yet incorporated this new theory, so you cannot study it systematically."
When the young professor finished his PPT, he looked around the classroom and asked, "Is Jiang Hao coming?"
"Teacher!" Jiang Hao, who was called, raised his hand.
"He's really here!" The young professor Wu Xuanche was delighted and surprised. He really didn't expect Jiang Hao to come to his class. He was excited but also a little nervous. He smiled and said, "Hey, he's here. I think I'm showing off my skills in front of an expert!"
"No, no!" Jiang Hao, who was the focus of the entire classroom, smiled a little embarrassedly.
The young teacher on the podium pointed at Jiang Hao and said to the students: "I don't need to introduce this student Jiang Hao, right?" "Jiang Hao is the inventor of the curve theory and one of the founders of Pinduoduo Technology. He is a very impressive student!"
"Hahaha, I didn't expect he's so handsome and his girlfriend is so beautiful too!"
"Whoosh!"
There was deafening applause in the classroom, which was given to Jiang Hao by this group of young students.
This young peer created a legendary miracle that is known worldwide. More importantly, with only two economics papers, he tore a hole in the hegemony of "Tohoku University Economics" in "Western Economics."
This opening is very important. Countless economists from major Eastern countries are making inroads along this opening.
When Jiang Hao was writing these two papers, he did not expect that they would cause such a sensation, but once he published them, they became unstoppable.
In fact, there is no essential innovation in economics. It is more of an explanation of the discourse power of the powerful.
But the emergence of Jiang Hao brought about different changes, so when he brought a new direction, scholars from all over the world rushed to follow.
It seemed like overnight, when Jiang Hao looked at them again, his two papers had grown into towering trees with luxuriant branches and leaves.
At this moment, Jiang Hao in the classroom was glowing.
"Thank you, thank you!" Amidst the thunderous applause, Jiang Hao quickly stood up and bowed to everyone to express his gratitude.
At first, when Jiang Hao learned that a teacher was going to talk about his theory, he was quite looking forward to it. But at this moment, Jiang Hao felt a little embarrassed because he blushed.
After the applause, the young associate professor smiled and said, "Okay, let's start the class. Please ask Jiang Hao to help me check it."
"Let's look at two cases first!"
Then a balance sheet of a company code-named "A" appeared on the PPT.
Pointing to the table on the PPT, the young associate professor smiled and said, "Isn't this company's balance sheet beautiful?"
The students in the audience began to discuss in whispers. As top students of Yenching University, they could see at a glance that this balance sheet was professional and formal.
Looking at the discussion of the students below the stage, the young associate professor pushed up his glasses and said, "However, just this Monday, a Wall Street company called HY Standard issued a rating report on this 'A' company based on the 'Jiang Hao Curve' theory."
"Overnight, the company went to pieces! Its fading prosperity was ripped away in an instant."
"Wow!"
As soon as the teacher mentioned the "HY Standard" company on the podium, the students in the audience immediately became excited. Although this "HY Standard" company was newly established, it became famous overnight.
As students majoring in economics, all the students present had heard about this incident. When the teacher mentioned it, the classroom was filled with heated discussions:
"I see!"
"I was wondering why this company's balance sheet looked so familiar!"
"This newly established HY Standard Company is really amazing. It has reached the level of the three major credit rating agencies, Standard & Poor's, Moody's and Fitch, overnight!"
"This is the power of new knowledge. Whoever can master it first will gain the advantage!"
"But I heard that the core algorithm of this HY Standard company is strictly confidential!"
(End of this chapter)
