On November 6th, according to Xinhua News Agency, the Republican presidential candidate Trump announced his victory in the 2024 presidential election in the early morning of the 6th.

This U.S. presidential election is expected to be the most expensive election in history, with total expenditures reaching at least $15.9 billion. Due to the impact the election results will have on the market, the《Star Daily》 noticed that multiple venture capital and hedge funds are on high alert.

Among them, a hedge fund based in London has specifically prepared a "world-shocking" computer model; JPMorgan also plans to increase personnel deployment in Europe and Asia to deal with overnight trading and volatility.

So, in this highly anticipated election, which venture capital giants and financial tycoons are actually behind Trump?

Person 1: "Silicon Valley Venture Capital Godfather" Peter Thiel

When discussing the big names supporting Trump, you have to mention the "Silicon Valley Venture Capital Godfather" Peter Thiel.

He is a globally renowned venture capitalist and entrepreneur who introduced the concept of going from 0 to 1, emphasizing that true innovation is creating entirely new things rather than minor improvements on existing foundations. This concept has influenced a generation of entrepreneurs and investors.

As the most concentrated area for global venture capital, Peter Thiel's Silicon Valley circle has always been paying attention to the new US president's attitude towards cutting-edge innovative technology.

In fact, in the 2016 US election, Peter Thiel was the only Silicon Valley tycoon who supported Trump. It is worth mentioning that JD Vance, Trump's running mate in this election, also has a relationship with Peter Thiel.

After graduating from Yale Law School, Vance joined Peter Thiel's venture capital company Mithril Capital, which was Vance's entry into the venture capital field.

During his university years, Vance was deeply influenced by Peter Thiel's speeches, gave up his original plan to pursue a legal career, and instead immersed himself in the technology and investment field. As a result, Vance regards Peter Thiel as a "life mentor".

Vance's political success is also inseparable from Peter Thiel. Firstly, when Vance ran for the US Federal Senator from Ohio, Peter Thiel provided substantial financial support, donating 15 million USD to the super PAC supporting Vance.

Moreover, Peter Thiel also introduced Vance to Trump for the first time at Trump's private estate, Mar-a-Lago, ultimately helping Vance to be nominated as Trump's running mate. Some commentators have stated that Vance's joining of Trump's campaign team adds youthful vigor and a rich policy perspective.

Currently, this 'Silicon Valley venture capital godfather' has invested in multiple targets in the AI field, including AI-driven data analysis companies whose stocks rose by about 14% in the latest quarterly report; AI infrastructure company Crusoe Energy raised around 0.5 billion USD in equity financing, making the company's valuation reach 3 billion USD; and open-source AI platforms.

The "Science and Technology Innovation Board Daily" reporters noted that, compared to Harris, Trump has a markedly different attitude towards AI. Firstly, before the election, Trump signed the United States' first executive order on artificial intelligence, outlining a strategy to promote the development of artificial intelligence.

One year later, Trump signed another executive order in 2020. During the campaign, Trump even abolished the executive order on artificial intelligence issued by President Biden in October 2023.

Therefore, in terms of AI, Trump advocates transferring technical regulatory authority to the companies themselves, which will to a certain extent increase the channels for capital to enter or exit, stimulate investment in AI startups, and promote AI development.

Character 2: "King of Global PE"

A top PE tycoon on Wall Street is also betting on Trump.

The reporter of "STAR Daily" noticed that Stephen Schwarzman, the co-founder of Blackstone Group, also known as the "King of Global Private Equity", is supporting Trump.

As the world's largest private equity giant, Blackstone Group has been expanding globally. Currently, Blackstone Group has a total of 17 offices around the world, doubling its overseas staff numbers in five years. In September last year, Blackstone Group became the first alternative asset management company to be included in the S&P 500 Index. One of its main businesses is private equity funds, involving leveraged buyouts, corporate restructuring, minority equity investments, co-investing with companies, industry mergers, and acquisitions.

Therefore, Blackstone Group, which still revolves around "trade", its co-founder Stephen Schwarzman is still standing behind Trump. As of now, the net worth of this co-founder of Blackstone Group has reached $27.8 billion.

It is worth noting that another "financial giant", 94-year-old Soros, did not choose Trump.

Character Three: Founders of multiple hedge funds emerge, betting on the 'Trump Trading Time'.

"Trump Trading" refers to the economic policies implemented by Trump when he was first elected as President of the United States in 2016, covering the effects on the financial markets in areas such as the US Dollar, US Bond Yields, Gold, Bitcoin, US Stocks, Copper Prices, and Oil Prices.

Even before the official start of the election, a group of hedge funds had gathered behind Trump.

They are the founders of hedge funds Citadel Ken Griffin, Elliott Management's founder Paul Singer, and Renaissance Technologies' co-founder Robert Mercer.

In addition, the CEO and founder of Pershing Square Capital, and former Managing Partner of Sequoia Capital also chose to support Trump.

Regarding the reasons for their support, although the above hedge fund founders or CEOs stated that immigration issues and the growing deficit are one of the reasons, the 'Trump Trading' time, is likely a significant reason behind the hedge fund founders' inclination towards Trump.

Among them, Ken Griffin, founder of Citadel hedge fund, stated, 'The market is betting on Trump's victory,' and is focusing on the 'Trump Trading'.

Data shows that by the end of 2023, Citadel's hedge fund managed approximately $58 billion in total assets, including commodities, credit, stocks, fixed income, macro and quant 5 major strategies. In 2022, Citadel's total trading profit was around $28 billion, with its flagship fund achieving a return rate of 38.1%.

Character Four: Buffett Who Does Not Take Sides

In the United States on Wall Street, there is a figure worth paying attention to. Despite not endorsing any candidate in this election, he is the stock god Buffett.

Compared to the direct alignment of Silicon Valley venture capital giants, private equity / hedge funds, this year the stock god "Buffett" explicitly stated that he will not endorse and support political candidates.

However, the "Science and Technology Innovation Board Daily" reporter noticed that Buffett has supported Democratic candidates in the past. In the 2016 election, he endorsed Hillary Clinton.

This year, before the 94-year-old Buffett issued a statement, he had sold Apple stocks and hoarded cash like crazy. In the third quarter, Berkshire Hathaway under his ownership reduced its Apple shares by 25%, and in the second quarter, Berkshire had already reduced its position by 50%.

Since the beginning of this year, Berkshire Hathaway's total holdings of Apple have decreased by about two-thirds, leading Berkshire's cash reserves to rise to $325.2 billion, reaching a historic high.

"When others are greedy, I am afraid; when others are afraid, I am greedy." This is the contrarian thinking strategy adopted by this stock god in times of extreme market sentiment, rather than the direct attacks of hedge funds.