Ch. 21Making Money with Mathematics!
Qi Hao learned about Fang Jiaxue’s family difficulties and discovered that her father worked in quantitative investing, a field that matched his mathematical interests. As he began considering quantitative finance as a way to fund his research and support his family, Fang Jiaxue’s friend suggested testing his ability with competition problems.
- Fang Jiaxue told Qi Hao that her father’s work kept him away from home and that she had taken on much of the responsibility for raising Xiao Ze after their mother died.
- Fang Jiaxue explained that her father, Fang Guoping, used mathematical models and computer programs for quantitative investing, prompting Qi Hao to consider studying the field.
- Fang Guoping raised Qi Hao’s tutoring rate to five hundred yuan an hour and asked him to teach Xiao Ze for two hours the following Saturday.
- Fang Jiaxue’s friend questioned whether Qi Hao had the mathematical ability to tutor Xiao Ze and suggested giving him provincial math competition problems to assess him.
- On the bus back to school, Qi Hao researched quantitative investing and decided he wanted to earn money through mathematics to support his family and fund his research.
- Qi Hao judged that current quantitative investing methods in Huaguo were clumsy.