Reborn with Consumption System

Not only did this hold Han Lie high up, it also boosted Panzi’s Strength and raised Tianhang’s overall foundation.

In fact, Panzi basically couldn’t help with this matter at all; it was good enough if he didn’t make a mess of things...

So, how else could it be that Liu Minghao is the one who manages to win every lawsuit without relying on professional ability?

It really isn’t all because of his background.

Just talking about "straight man" support in a comedy duo, even Old Master Yu would have to step aside.

Zhang Lidong, Chen Lin, and even the staff of the legal department were all stunned.

Before coming over, they had anticipated many possible scenarios, but this was the one thing they hadn’t considered.

Something that hard, and you just got it done like that?!

How deep exactly is Teacher Han’s foundation in the Magic Capital...

In reality, in actual history, several media outlets once pushed ByteDance to the brink of going to court; it was only by finding people to work things out offstage plus ceding territory and paying compensation, two approaches at once, that they managed to reach a settlement before the hearing.

The so‑called ceding territory and paying compensation naturally meant tilting more benefits their way.

This directly led to Toutiao’s profitability falling short of expectations, higher costs, the 100 million US Dollar in financing being stretched thin by 2016, and then they smoothly kicked off the Series C round.

So, when it came to the division of benefits, Han Lie had no intention of intervening too much, using Papa Gu’s Strength to forcibly interfere with the media.

Developing Toutiao too well doesn’t align with his fundamental interests.

If you press the media’s heads down and grab money from their hands, that’s ultimately not normal commercial behavior; of course they’ll harbor resentment, and in the long run, you’ll suffer for it.

Moreover, once ByteDance cuts costs and increases efficiency and the Series C valuation rises too much compared to his previous life, Han Lie will have to spend a lot more money to keep that 20% equity from being diluted.

That’s no small sum.

And investment behavior doesn’t give him any consumption experience in return; it’s really unnecessary.

Therefore, after Han Lie put on a display of Strength in front of Zhang Lidong and the others, he stopped intervening in the normal commercial negotiations.

Even so, communication with the Magic Capital media still went extremely smoothly.

Wenguang Group has six newspapers and magazines under its umbrella, three vertical new‑media brands, the "First Financial" new‑media matrix, and so on.

Compared with the thousands of media and new‑media outlets in the Magic Capital, this may not sound like much.

But it’s no exaggeration to say that in the Magic Capital’s media jianghu, Wenguang is the absolute Alliance Hierarch of the martial world; one‑third of all kinds of media were founded by Wenguang people, and the rest all respond to its orders.

Handling things in a top‑down manner is far too easy.

The next day, after Zhang Lidong and the others hurriedly toured Tianhang’s terrifyingly large entire office floor, they began a series of relaxed yet tedious business visits.

With Han Lie’s reminders, Zhang Lidong put all the necessary terms on the table, directly sweeping through the entire Magic Capital media circle.

And after receiving the relevant news, media outlets in other provinces that had wanted to sue ByteDance also urgently halted their moves and resumed communication.

Things began progressing in the most ideal direction, making Zhang Lidong so happy that he was grinning from ear to ear every day.

However, by this time, Han Lie had long since shifted his focus to more important matters.

In the first week of April, the broader market was extremely weak.

Han Lie’s two funds experienced their first profit drawdown since they were established.

The brokerages, banks, central state‑owned enterprises, and mobile‑internet‑related companies he had heavily built positions in earlier were all falling.

Zhongmei’s customer‑service hotline suddenly became very busy.

Zhazha and Sister Qing Ting couldn’t hold back; they both called him to feel out his mood.

Han Lie, of course, didn’t care in the slightest; he didn’t even take it to heart.

Not only because of the confidence that comes from knowing the future—back before his rebirth, even with his very average skill level, he could already tolerate reasonable losses.

A truly properly trained stock investor must be able to face risk and face losses.

When you buy a stock, it might follow your most ideal judgment, or it might not.

As long as the fundamental logic for buying it hasn’t changed, short‑term losses are not mistakes; they’re volatility you have to bear.

Take AI, for example; in the long run, it will definitely trend positive, so if you buy into a company with core competitiveness or huge room for imagination, short‑term volatility shouldn’t become a reason for you to doubt yourself.

The reason retail investors are "chives" is precisely because they start doubting themselves at the slightest rustle of grass in the wind.

Han Lie didn’t give Jiao Fangyan any pressure at all; he simply gave an order to do her best to accumulate chips, then threw all his energy into building the quantitative strategy.

On Wednesday afternoon, Zhongmei’s Quant Strategy 1.0 finally officially took shape.

They tested it on Thursday and Friday; every morning, there was a pile of bugs to fix.

They ran two more days of tests in the second week; once it felt pretty OK, Han Lie called in Yu Ping’an to deliver the goods.

When Yu Ping’an arrived at the company, he was extremely excited.

"Teacher Han, how’s the performance?!"

Han Lie didn’t think much of the quant’s accuracy himself, but what he said was fierce as hell: "Domestic top‑tier level, runs smooth as butter!"

"Then..."

Yu Ping’an asked expectantly, "Should I send people over to learn, or will you send two instructors to my place to guide us?"

Wanting to hand over the goods as quickly as possible, Han Lie told him to send people over, and they would teach them hand‑in‑hand.

Many people have a misconception about quant; they think it’s just a kind of programmatic trading.

It actually isn’t.

Real quant isn’t a fixed, rigid set of programs; it’s a semi‑intelligent strategy that constantly adjusts according to market conditions.

Quant engineers don’t just write the program and call it a day; every day they have to fine‑tune the system, weed out some bugs, modify some parameters, and manually intervene in certain operations.

Especially when there are major changes in policies or news in the market, if the quant strategy goes out of tune, the trading manager has to manually judge and adjust the trading approach.