Fear Index - full deck Flashcards
Quote at the start of Chapter One - “Learn from me”
Frankenstein
Main protagonist
Dr Alex Hoffmann
Where does Hoffmann live
Geneva
Book sent to Hoffmann at start
The Expressions of the Emotions in Man and Animals - Darwin
When was the Darwin published
1872 - John Murray
What condition/value is the Darwin book?
“fine” - $15,000
Where has the Darwin book come from?
Rosengaarden and NijenhuiseAntiquarian Scientific and Medical BooksEstablished 1911Prinsengracht 227 - Amsterdam
Name of Hoffmann’s house
Villa Claremont
Hoffmann’s wife
Gabrielle
Where did the pictures in the Darwin book come from?
Surrey Lunatic Asylum
Name of Hoffmann’s algorithm
VIXAL-4
Hoffmann’s business partner
Hugo Quarry
Other books in Hoffmann’s collection
On The Origin of Species - Sotherby’s, NYC, $125,000The DEscent of Man - Huxley’s copy
Overnight execution dealer on VIXAL-4
Susumu Takahashi
VIXAL-4 is shorting …
Proctor and Gamble, $62 a share
Date Fear Index is set
6th May 2010 - date of UK General Election
Burglar alarm security code
1729
Significance of 1729
Hardy and Ramanujan - taxi cabSmallest number expressible as the sum of two cubes in two different ways
Hoffmann sets alarm to
06:30
What does Hoffmann notice by the door when he investigates the break in
Boots
Emergency number in Switzerland
117
Time of break-in
3:59am
Lake next to Geneva
Lac Leman
What does Hoffmann see the intruder doing through the kitchen window
Sharpening knives
Quote at the start of Chapter two -“A grain in the balance …”
Darwin, Origin of Species
Police Inspector
Jean-Philippe Leclerc
Hoffmann’s piano
Bechstein
Landscape in Hoffmann’s living room
Auerbach
Gabriel’s portraits derived from …
MRI scans
What is Hoffmann hit by
Fire extinguisher
Hoffmann’s nationality
American
Gabrielle’s nationality
British
How long has Hoffmann lived in Switzerland
14 years
Where did Hoffmann used to work
CERN - LHC
Name of Hoffmann’s company
Hoffmann Investment Technologies - HIT
What is Hoffmann’s business?
Hedge fund
Hoffmann’s staff
Housekeeper, main, gardener.
Hoffmann’s security consultant
Maurice Genoud
How much did Hoffmann pay for the Villa Claremont
$60m
Carpet …
Aubusson
Terminal on Hoffmann’s desk
Bloomberg
French expert in Galvanism
Dr Guillaume-Benjamin-Armand Duchenne
What does Hoffman collect
First editions of scientific books
Tea in Hoffmann’s kitchen
Taylors of Harrogate, Earl Grey
Gabrielle’s exhibition
Human Contours
Gallery where Gabrielle’s exhibition is situated
Plaine de Plainpalais
Gabrielle’s history
Born in YorkshireUni of Salford - Art and FrenchRCA - MAWorked for UN in Geneva
Gabrielle’s work in studio
3D scanned image of a foetus
Quote at the start of Chapter 3 - “Suspicion …”
Darwin - Descent of Man
Which hospital is Hoffmann taken to?
University
Where was the party where Hoffmann met Gabriellse
Saint-Genis-Pouilly
Doctor treating Hoffmann at university hospital
Dr Muhammet Celik - Turkish
Hoffman sent for what sort of scan?
CAT - Computed Axial Tomography
CAT technician
Fabian Tallon
Radiologist
Dr Dufort
Hoffmann’s field
Autonomous Machine Reasoning (not AI)
What sort of scan is recommended for Hoffmann?
MRI - Magnetic Resonance Imagin
Portrait Gabrielle wanted to buy
Lucien Freud
Quote at the start of chapter 4 - “The Slightest Advantage”
Darwin - Origin of Species
Hugo Quarry’s life
PPE from OxfordEx-wife and three children, Lutyens mansion in SurreySki chalet in Chamonix
Hoffmann’s driver
Claude - not George
Newspaper being read on tram
Tribune de Geneve
Where in Geneva is HIT’s office
Les Eaux-Vivies
Neighbours of HIT office
Salon de TheSupermarket
Datacomms backbone in Geneva
GV1 fibre-optic pipe
Other occupants of HIT’s office
DigiSyst, EcoTel, EuroTel
Hoffmann’s rule in his office
No paper
Bill Gates’ book
Business at the Speed of Light
Hoffman’s employees are mainly …
Quants
Quarry’s name for Hoffmann’s staff
The Nerd World
Senior managers
Head of FinanceHead of RiskHead of OperationsQuarry - CEOHoffmann - President
Quarry’s yacht
65m, Benetti of Viareggio = planning to call her Trade Alpha
Quarry’s assistant
Amber
Where is Quarry taking clients to lunch
Beau-Rivage
How much is Quarry looking to raise
$1b - settle for 750m
Terms - two and twenty
2% annual fee20% performance fee
Quote at start of chapter 6 - Hardly any faculty …
Darwin - Descent of Man
Picture of Gabrielle …
Pamplelonne beach, St Tropez
Hoffmann’s award
Algorithmic Hedge Fund Manager of the Year
How much did the Darwin book cost
���10,000
Hoffmann’s PA
Marie-Claude Durade
Three teams of Quants
IncubationTechnologyExecution
Hungarian quant
Imre Szabo
IBAN prefix KYD
Cayman Islands
Chief Risk Officer
Ganapathi Rajamani
Police HQ situated
Boulevard Carl-Vogt
Cern’s location in Geneva
Zimeysa
Quarry’s invitees - brother and sister
Etienne and Clarisse Mussard - grandfather had owned Fazy and Cie
Quarry’s invitees - Most exotic
Elmira Gulzhan, 38, daughter of President of AzakhstanINSEAD graduateFrancois de Gombart-Tonnelle - lawyer
Quarry’s invitees - NYC bankers
Ezra Klein, Winter Bay TrustBill Easterbrook, AmCor - spun off, now HIT’s biggest investor
Quarry’s invitees - others
Amschel HerxheimerIan Mould - Fife Building SocietyMieczyslaw Lukasinski - PolishLiwei Xu and Qu Zhang
Quote at start of Chapter 6 - No doubt wealth …
Darwin, Descent of Man
HIT started with …
$100 (mostly AmCor)
Current AUM
$10b
Increase in Net Asset Value
83%
Gap between market performance and fund performance
Alpha
Three year alpha
112%
Research spend
$32m a year - 60 brilliant minds
Hoffmann’s quote - That is the flight of naked men
Elias Canetti in Crowds and Power
Aristotle, 350BC defined humans as
Zoon Logon Echon - rational animal, or animal with language
Average US college student reads …
450 wpm
“What disturbs and alarms men are not the things but is opinions and fancies about the things”
Epictetus
What does Ezra Klein call Hoffmann’s pitch?
Behavioural Finance
EMH
Efficient Market Hypothesis
“The only thing we have to fear is fear itself”
FDR
VIX
S&P 500 Volatility Index
Where did Hoffmann interview for staff in Oxford?
Randolph Hotel
3D model of structure of penicillin in Oxford …
Dr Dorothy Hodgkin - nobel laureate for Chemistry
Parts of the brain
Aqueduct of SylviusCistern of great cerebral veintentorium cerebellummedulla
Gabrielle’s protection
Camille
MCs being shorted
Accenture
Airline being shorted
Vista Airways
Hotel company being shorted
Wyn Resorts
How many CPUs?
1000
Where does the Vista Airways plane crash?
Domodedovo Airport, Moscow
Quote at start of chapter 7 - It can’t continue forever
Gordon Moore
Chief Finance Officer
Lin Ju-Long
Chief Operating Officer
Pieter van der Zyl
Where was Rajamani poached from?
FSA in London
At the FSA, Rajamani had gone after …
Goldman and Sachs
Promised volatility limit in prospectus
20%
HIT’s lawyer
Max Gallant
How much has Alex supposed to have asked to be transferred into his Cayman Islands account
$42m
Cayman banki
Royal Grand Cayman Bank Ltd
Hoffmann’s doctor
Jeanne Polidori
Hoffmann’s protection
Olivier Paccard
Fountain in middle of Lac Leman
Jet d’Eau - 140m
Gallery where Human Contours is being held
Galerie d’Art Contemporain Guy Bertrand
Quote at start of chapter 8 - There is no exception to the rule
Darwin, Origin of Species
Geneva’s main contemporary art gallery
MAMCO
Where did Gabrielle meet Guy Bertrad
Mandarin Oriental hotel - Christmas charity auction
How many pieces in Human Contours
27
Who held the party where Hoffmann met Gabrielle
Bob Walton
Gabrielle’s large piece of an executed murderer
The Invisible Man
Who was the murderer in The Invisible Man
James Duke Johnson - executed Florida, 1994
Hoffmann’s team at CERN
Large Electron-Positron Collider
Quote at start of Chapter 9 - Even when we are quite alone
Darwin - Descent of Man
Where did Hoffmann take his PR firm to breakfast
Hotel President Wilson
How much to keep Hoffmann out of the papers
SFR200,000 a year - 10k per mention
Hoffmann’s alma mater
Princeton
Bertrand’s ring tone
Mozart
Total cost of Gabrielle’s exhibition
192,000 francs
Nigerian artist at show
Nneka Osoba
Quote at start of chapter 10 - the instinct of each species
Darwin - origin of species
River in Geneva
Rhone
Hotel Beau Rivage is on …
Quai de Mont Blanc
Stabbed outside Hotel Beau Rivage in 1898
Empress of Austria
Lunch at Beau Rivage
Grenouille de VallorbeFilet mignon de veau
Wine at Beau Rivage
2006 Louis Jadot Montrachet Grand Cru1995 Latour
Marginal top rate of tax in Switzerland
8.80%
Quote at start of chapter 11 - the struggle for existence
Darwin, Origin of Species
Hotel where Hoffmann is directed to
Hotel Diodati, Rue de Berne 91, room 68
Man Hoffmann kills at the Hotel Diodati
Joseph KarpBorn 14-4-52 - age 58Offenbach am Mein
Real life case of cannibalism
Der Rotenberg Cannibal - Armin Meiwes
Novel on Karp’s laptop
Der Metzgermeister - The Master Butcher
Folder on Karp’s laptop - Das Opfer
The Victim
Park Gabrielle goes to after leaving her show
Parc des Bastions
When did HIT set up shop
2002
Quarry’s ghastly neighbours in Wimbledon let in the chalet
Bakers
How far does Quarry come to see Hoffmann on New Years Eve
60 miles
What do Quarry and Hoffmann bet on
Gabrielles’ knickers
HIT named with a nod to …
Jim Simon’s quant shop - Renaissance Technologies on Long Island
Normalcy is overrated: most normal people are assholes
Bill Clinton
Quote at start of Chapter 13 - The extinction of species
Darwin - Origin of Species
What is Vixel-4 lifting
Delta Hedge
Hugo Quarry’s speedboat
Riva 115 - photograph
How much collateral does HIT have to raise when VIXEL-4 lifts the delta hedge
$2.6bn
Quote at start of Chapter 14 - Only the paranoid survive
Andy Grove
Dr Jeanne Polidori’s degree
Psychiatry, University of Geneva
When did Hoffmann stop seeing Dr Polidori
Nov-01
Footbridge across the Rhone
Passerelle de Chevres
Computer in Cern’s receptions
Berners-Lee’s NeXT cube
Desertron
America’s collider, Waxahachie, Texas - $10bn. Cancelled
How much did it cost the US to bail out the banks
$3.7tn
Quote at start of Chapter 15 - As I was considering these issues
Bill Gates, Business at the Speed of Light
What does Hoffmann find in a smoke alarm?
Camera
Who does Genoud say asked him to install the cameras?
Hoffmann
Where has Vixel-4 set up another facility for itself?
Zimeysa- 54 Route de Clerval
Warning about Hoffmann’s project at CERN
Thomas S Ray, Professor of Zoology, University of Oklahoma
Quote from start of chapter 16 - Intelligent life on a planet comes of age
Richard Dawkins, the Selfish Gene
What is automatically triggered in New York as a result of the volatility triggered by VIXEL-4
LRPs - Liquidity Replenishment Points
Oxford graduate trying to override VIXEL-4
Croker, ex-Rutherford Appleton lab
How does Rajamani die?
Falls down the lift shaft
Leclerc’s colleagues at the Diodati
Moynier, Lollin
What car does Hoffmann steal?
BMW
Evidence regarding LRPs
Mary Shapiro, Findings regarding market events 6th May 2010
Zimeysa is an acronym for
Zone Industrielle de Mayrin-Satigny
What are all the roadworks in Zimeysa for?
Fibre optic cables
Fibre landing site
Marseille, France
CBEO declares what agains the NYSE
Self help - more than one second response
Where do protesters riot on the news?
Athens
Quote at start of Chapter 18 - The flight crowd …
Elias Canetti, Crowds and Power
Quote at start f Chapter 19 - Looking to the future
Darwin, Origin of Species
Profit VIXAL-4 makes from crash
$4.1bn
How much total market volatility does that represent
0.40%
Bonuses received for keeping everything confidential
$5m
