"Science and Technology Innovation Board Daily" November 6th news (Reporter Chen Mei), according to Xinhua News Agency, Republican presidential candidate Donald Trump announced his victory in the 2024 presidential election in the early hours of the 6th.

This U.S. presidential election is expected to be the most expensive in history, with total spending reaching at least $15.9 billion. As the election results will affect market trends, the "Science and Technology Innovation Board Daily" reporters noted that many venture capital and hedge funds are on high alert.

One London-based hedge fund has specially prepared a 'world-shocking' computer model; JPMorgan also plans to increase personnel allocation in Europe and Asia to cope with overnight trading and volatility.

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

Character 1: 'Silicon Valley Venture Capital Godfather' Peter Thiel

Speaking of the tycoons supporting Trump, one cannot fail to mention the 'Silicon Valley Venture Capital Godfather' Peter Thiel.

He is a globally renowned venture capitalist and entrepreneur, who proposed the concept of 'from zero to one,' emphasizing that true innovation is about 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 of global risk investment, Silicon Valley, where Peter Thiel is located, has always been concerned about the new US president's attitude towards cutting-edge innovative technology.

In fact, in the 2016 US presidential election, Peter Thiel was the only Silicon Valley tycoon to support Trump. It is worth mentioning that JD Vance, who was 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. This was Vance's first step in 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 devoted himself to the technology and investment fields. As a result, Peter Thiel is regarded by Vance as a 'life mentor'.

Vance's political success is also inseparable from Peter Thiel. Firstly, when Vance ran for the US Senate in Ohio, Peter Thiel provided substantial financial support, donating $15 million to the super political action committee (PAC) supporting Vance.

Furthermore, Peter Thiel introduced Vance to Trump for the first time in Trump's private estate, Mar-a-Lago, ultimately helping Vance to be nominated as Trump's running mate. Some commentators have pointed out that Vance's inclusion in Trump's campaign team brings youthful energy and a rich policy perspective.

Currently, this 'Silicon Valley venture capital godfather' has deployed 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 approximately $0.5 billion in equity financing, bringing the company's valuation to $3 billion; and open source AI platforms, among others.

The "Sci-tech Innovation Board Daily" reporter noted that compared to Harris, Trump has a notably different attitude towards AI. Firstly, before the election, Trump signed the first US executive order on artificial intelligence, establishing a strategy to promote AI development.

A year later, Trump signed another executive order in 2020, and during his election campaign, he even revoked the executive order on artificial intelligence issued by President Biden in October 2023.

Therefore, in the field of AI, Trump advocates transferring technical regulatory authority to the enterprises 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 mogul on Wall Street is also betting on Trump.

"Star Market Daily" reporters noticed that Stephen Schwarzman, co-founder of Blackstone Group, known as the "king of global private equity," supports 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 corporate private equity funds, involving leveraged buyouts, corporate restructuring, minority equity investments, corporate partnerships, industrial consolidations, and other areas.

Therefore, Blackstone Group, still revolving around "trade," with co-founder Stephen Schwarzman still standing behind Trump. As of now, this co-founder of Blackstone Group has a personal net worth of $27.8 billion.

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

Character Three: Founders of multiple hedge funds emerge, betting on the "Trump trading time".

The so-called "Trump trading" refers to the effects of the economic policies implemented by Donald Trump when he was first elected President of the United States in 2016, covering areas such as the US dollar, US bond yields, gold, bitcoin, US stocks, copper prices, and oil prices.

Even before the formal election began, a group of hedge funds had rallied behind Trump.

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

In addition, CEO and founder of Pershing Square Capital, former managing partner of Sequoia Capital, also chose to support Trump.

Regarding the reasons for support, although the above-mentioned hedge fund founders or CEOs stated that immigration issues and growing deficits were among the reasons, the reporter of "Star Daily" noticed that betting on the "Trump trading" time is an important reason for the hedge fund founders' tendency towards Trump.

Among them, Citadel's hedge fund founder Ken Griffin said, "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 total assets of approximately $58 billion, covering commodities, credit, stocks, fixed income, as well as 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: The 'Non-aligned' Buffett

In the United States Wall Street, there is a figure worth paying attention to, even though he did not endorse any candidate in this election, he is the stock god Buffett.

Compared to the direct alignment of Silicon Valley venture capital giants, PE/hedge funds, this year the stock god 'Buffett' clearly stated that he will not endorse or support any political candidates.

However, the reporter of 'Star Market Daily' noticed that Buffett had supported Democratic candidates in the past. In the 2016 election, he endorsed Hillary Clinton.

This year, the 94-year-old Buffett, before issuing a statement, frantically sold Apple stocks and hoarded cash. In the third quarter, his Berkshire Hathaway company reduced its stake in Apple by 25%, and in the second quarter, Berkshire had reduced its position by 50%.

Due to the fact that since the beginning of this year, Berkshire's total shares of Apple have decreased by about two-thirds, this has led to Berkshire's cash reserves rising to $325.2 billion, reaching a historical high.

"When others are greedy, I am fearful, when others are fearful, I am greedy," this is the contrarian thinking strategy that the stock god adopts when market sentiment is extreme, rather than the direct attack of hedge funds.