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Atlas Bank, third interviews:
Gaspard Rivoire, Jeanne Francoeur and Victor Québé.
An option is valued using risk-neutral probabilities...
It's a binomial model, like Cox-Ross-Rubinstein.
And?
The model underestimates low improbabilities,
like crises or crashes, more common than you'd think.
Give us stationarity in time series.
A y1 process is weakly stationary
if first and second moments exist, independent of t.
The series...
Thank you.
Where is this bridge?
Hamburg.
Milan.
It's an imaginary bridge.
Meaning?
The bridge doesn't exist.
Having more EU countries than banknotes, they created imaginary monuments.
Miss?
You okay?
She's bleeding.
SPIRIT OF ECSTASY
Ms. Francoeur, I'm calling to inform you
that you didn't get the Quant Trader position...
Why are you up?
I need to pay the lunch money tomorrow.
Dad didn't pay it yet?
Come.
Put that in your bag.
Baptiste, bedtime. Whatcha doing?
Waiting for the Dragon.
A dragon? A real one?
Yeah, he even throws flames.
Augustin's here!
Who's Augustin?
The Dragon, back from Africa.
He left when you were little.
I'm back!
Welcome back, Augustin!
Come on up!
Where are his medals?
Probably in his bag. He can't wear them all the time.
The probability of either x or y occurring...
The time derivative of momentum is equal to its force...
B1 + B2...
Come in.
You're not in bed yet?
I'm studying.
Seen the time?
No, you?
How are you?
I'm spent.
We took a beating at the protest.
Pierre got a shard of glass in his face.
We had to get him out.
How about looking for a normal job?
An office job or something?
Those bankers will never want you.
I paid Camille's lunches.
I'll pay you back when I get my overtime money.
Do you hear, in the countryside
The roar of those ferocious soldiers?
They're coming right into your arms
To cut the throats of your sons, Your companions
To arms, citizens
Let me quickly buy Trade Republic stocks.
Sugar?
- Sugar? - Thanks.
What's your Z-score forecast?
One hour.
What's the Sharp ratio in your back test?
Let the big boys work, intern.
Show me.
We can launch the rocket.
The intraday volatility looks wrong.
Why'd you say that?
It was calibrated on the wrong window. The volatility was underestimated.
So?
She's right.
I spent 5M for an intern to fix it?
No, we just miscalculated the variable.
You miscalculated it.
One basis point of volatility is 100 grand.
Get out.
It's okay, I can fix it with...
Get out.
Now!
You, take his place.
Double check the code.
Hélène and I had a blast.
Kleine Scheidegg is north of Wengen, 1,800m up.
You ski through villages
to the steep black trails of Lauberhorn!
I don't usually get vertigo, but I was flipping out!
Back at the hotel, you wear slippers and robes
and go to the spa. So cool!
So cool!
What'd you do?
Me? Nothing.
Nothing's good too.
His dad knows the owner.
Who ran on this beach?
It must have been stunning
Was the sand white?
Were there yellow flowers In the hollow of every dune?
I wish I could've felt the sand
Between my fingers, just once
Who swam in this river?
You say it was cool And flowing from the mountain?
Were there pebbles In the hollow of every waterfall?
I wish I could've plunged
Into a river, just once
Please, don't tell me lies
Did you see the block trade at Merrill?
No, it was at 12: 52 p.m.
Lunchtime. Under the radar!
Yeah.
The Electric Sun bid
is a ploy to bail out LuneTherm.
We need to get in on that.
Short 3M.
Agam's Fountain tomorrow, 3 p.m.
Hey, guys.
Guys, check this out.
It worked.
- What'd you do? - I redid the code.
Jeanne, Jeanne!
Take cover!
Lift off!
Cheers, everyone! To finance's rising star!
C'mon, back to work.
I prefer using the girls' bathroom.
It's always empty.
You pointed out Oliver's mistake in front of me
to take his place?
Well done.
Are your bandages
'cause you're a lesbian?
No.
What's your name?
Jeanne Francoeur.
How old are you?
24.
What's your background?
ESCP Business School.
And before that?
Two years of math prep at Saint Cyr.
Saint Cyr.
So you're military?
Yes.
That's good.
Best of luck.
The bandages are because I'm neutral.
What's that?
Some woke crap?
No, I'm neutral like numbers.
Is a 7 masculine or feminine?
Buy Blue for 40 and resell at 45 to offset the cost.
Total security at 40.
Max deficit is protected. You'd make 10M.
What would you buy with 10M?
A desert island in the Pacific.
You can't count.
10M only buys you the island.
Then you have to build your villa.
Bring in raw materials by boat.
Plus 30 to 50 workers.
A year and a half to build the villa, then you need drinking water.
You have to fly it in.
The shit hits the fan.
Your desert island becomes visible.
The target of pillagers, pirates and bandits.
You're already in debt.
You're vulnerable but can't afford security.
I won't fly in water.
I'll build a purification plant and sell the surplus.
With the profits, I'll hire the security I need,
and have enough to buy your island.
Meet me at Hotel Shangri-La tomorrow at 9.
Hello, welcome to Longines.
Hello.
How may I help you?
Do you have this model?
The 8 Complications? Of course.
I'll get it for you.
Here it is.
The model has a 40mm steel case,
a chronograph, a moon phase,
and a 24-hour subdial.
What's the occasion?
It's for me.
It costs 3,350 euros. Would you like to try it on?
I'll think about it, thanks.
Very well.
- Goodbye. - Have a nice day.
- Hi Jeanne. - Hi Caro.
Back away, sir!
- Like it? - Yes, I do.
Get off me!
That's how it's done, guys.
No one gets hurt.
Officially, the French have left Mali.
Right, all gone.
Hey, Camille!
- Remember my eldest, Jeanne? - Of course.
Can you serve Augustin?
Thank you.
Moved up the ranks?
What's with the fancy suit?
Thank you.
- You the only ones there? - No, there's the Americans.
- What are they like? - Like in the movies.
Huge biceps and tons of money.
Any screwups, they send in a drone or a chopper.
What are we French like?
Rough around the edges.
Poor, but tough.
Not afraid to break a nail.
What did you do there?
I'm a door opener.
What's that mean?
I open doors that need opening.
And when we make an assault,
I open that, too.
What's your weaponry?
I mainly use an M4.
An M4 assault rifle, 12.7mm.
What does an M4 bullet do when it hits someone?
It makes a small hole going in
and a big hole going out.
Does it kill them?
It messes them up.
The bullets are meant to maim people, but do kill some.
Wounded soldiers are slowed down,
making them easier to annihilate.
It's not pretty.
Delicious!
How old are you now, Jeanne?
Four years older than when you left.
You didn't join the army?
I left Saint Cyr after 2 years.
What do you do now?
Investment banking.
Why?
Why what?
Why not the army?
Will humans be on the battlefield forever?
You'll be replaced by robots in 10 years.
Bankers sure aren't going anywhere.
We should be so lucky.
- Why'd you come over? - What's wrong?
I just wanted to see you.
See me?
You're not welcome here.
Don't ever come back!
Jeanne!
Wait.
What's going on?
Yesterday,
when I got back, I looked at your window.
I thought I saw you in the same spot I left you in.
What'd you think, dumbass?
That I was in that spot for 4 years?
Maybe.
Dream on, Augustin.
I called you a ton. Why'd you never answer?
I had nothing to say.
You've changed.
I don't recognize you.
What's this banker's armor you're wearing?
What happened to you?
Why the fuck do you care?
Why are you so harsh?
Are you mad at me for something?
We were cool when I left.
No, it wasn't cool.
It was messed up.
No one had ever touched me before.
What are you talking about?
You enjoyed it too.
We were just having fun.
Fun?
Yeah.
It's fun when a girl says to stop 'cause it hurts?
You're sick!
Are you saying I forced you?
I forced myself on you?
Then you're the sick one!
Arise, children of the Fatherland
The day of glory has arrived...
I'm meeting Farès.
We'll go for 43, then what?
Make him dig deeper.
We keep circling the drain.
Playing dumb?
Thanks, Ethan. You can go.
Tea, coffee, Scotch?
Water, thanks.
You said 280 a minute ago.
No, that's worse.
Leave him in a coma.
He'll dig until tomorrow morning.
We're not selling pity here.
I already bid on it.
Look, Rémi.
Don't complain if you miss the boat.
Where do you think homosexuality comes from?
What do you mean?
Is it psychological or genetic?
Is this a test?
No.
There's no right answer to that question.
And if it'd been a test?
I'd have elaborated.
I'm starting a hedge fund in Singapore.
I need a brilliant team. I thought of you.
But it's risky. You have no experience.
I'm your man.
How do you know?
What'd you make yesterday?
You'd leave it all and move there?
Yes.
Your friends?
Don't have any.
Your family?
Yes.
You wouldn't be sad?
Yes, I would be.
We'll do a 2-day trial.
If it works, you fly in 3 days.
50K cash for the first year, plus variable pay.
All expenses paid.
So?
Perfect.
Ever wear a tie?
No, doesn't suit me.
You just need the right one.
The shirt matters more than the suit.
The wider the collar, the more elegant.
Then cufflinks.
Plastic, mother-of-pearl, family coat of arms, gold.
And this is a must,
a step up,
the finishing touch.
See these 3 pleats here?
See them?
Now you're elegant.
May I?
Any plans tonight?
Business
is kind of like judo.
The goal
is to use your adversary's power against him.
Power is money.
The richer you are, the easier things are.
Use your eyes and what you are to tell a story.
Your movements, your gestures.
If you get 'em on board,
they'll write the ending with you.
Don't ruin a beautiful story with truth.
Let them fantasize.
Napoleon said that, not me.
Look at the Spirit of Ecstasy's wings.
Her eyes on the horizon, expecting all doors to open.
Charities now provide an illusory clear conscience.
You give 100 grand,
they ask for more.
You give 100 grand more.
It never ends.
I'll offer them a different strategy.
Good evening.
Do you like it?
I'll tell you, if you tell me the price and profit margin.
Quite an informed opinion on contemporary art!
Good evening, Elia Müller.
You've met my new quant, Jeanne Francoeur.
Did you study the offer I made to your group?
We appreciate your interest in World Aid,
but the group doesn't wish to work with you.
Could we meet to discuss my strategy?
I admire your work...
You didn't get the message?
I don't want to be rude.
It was nice chatting with you. Enjoy the party.
What's with the ridiculous tie?
Thanks to you, World Aid will equip Central Africa with solar panels
that will help air-condition schools and hospitals.
Our mission is to help the disadvantaged
all while protecting the planet.
We have the means to take action
and inspire a collective consciousness
for more equality
and a future.
Thank you all.
Follow her out.
Take your harpoon and get me that meeting, okay?
Go. I'm sure you're her type.
Look who's here!
Sorry to disturb you.
You're not.
Have a seat.
Your speech was wonderful.
These parties are such bullshit.
You don't care about the planet's future?
You think people came to fight against global warming?
For self-interest and status.
Yes?
Thanks, darling.
God, she's beautiful...
I like smoking at night, once my business is done.
What's that?
It's called the Businessman Trip.
Want to try it?
It's strong but doesn't last.
I feel like I'm liquid.
Like I'm flowing through the universe.
Don't be afraid.
Keep your eyes open.
We mustn't live in fear.
We must
have the courage of our vulnerability.
Is that why you're in this profession?
To be free?
No profession grants you freedom.
I'm free because I'm an heir.
And why do you
dress like a boy?
What makes you say that?
Your suit,
your hairstyle.
Have you heard about the new planet they discovered?
No, what planet?
It's three times bigger than Earth.
I'm from there.
Go on.
Go back to the party.
You'll stay here alone?
I'm alone anyway.
You misunderstood me.
Sorry.
No worries.
You're just not my type.
Jeanne?
Tell Farès that we're on.
I'll be at Lutétia tomorrow at 4.
Fuck this shit!
- Hi Caro. - Hi Jeanne.
He put the medal on me.
It was beautiful...
so beautiful.
Why are you still up?
It's too hot, I can't sleep.
Come.
I'm leaving soon, Camille.
Will you be a big girl?
Did you hear me?
I know you did.
Come.
I love you, my Camille.
I love you more.
I said it first.
But I love you more.
I love you more than all the stars combined.
I love you more than all the galaxies times infinity.
Hide.
Yes?
Camille's not in her bed.
She must be on the roof again.
On the roof?
Come.
On three, we'll close our eyes.
One, two, three.
You changed bedrooms?
Why are you here? Get out!
Stay back. Sit down.
I thought all night about what you told me.
At first,
I didn't get it. I thought it was good for both of us.
And then,
I thought about you,
from your perspective,
and then I got it.
Please forgive me.
So tell me...
can I see you again?
Let's not leave it like this. I care about you.
Let me know, when you feel up to it.
When you're ready.
Instead of buying solar panels,
World Aid should own the companies that sell them.
Once green energy is mainstream,
you'll reap the benefits directly
and become self-sufficient.
Speculative philanthropy.
Venture philanthropy.
It's the future.
World Aid executives don't care about the future.
They care about their benefits and don't want to lose them.
The future is always scary.
Unfortunately,
denying that could kick you out of the game.
How much do you need?
200.
Can you guarantee a 30% return?
That's too high.
This deal has a limited return.
Other funds offer this type of investment.
Let's try it out at 15%.
Next week, I'll find you a deal at 30%.
You have my support.
Should I yell or congratulate you?
You should thank me.
I got 200 million for your fund.
It's good to be ambitious.
Know what they call the Everest summit?
The death zone.
Some survive. Many more die from lack of oxygen.
I'm young. I have strong lungs.
Tomorrow, Hotel Shangri-La,
8 a.m.
Bring your passport and suitcase.
What are you doing here?
Almost there.
You sure?
You said that 10 minutes ago.
Shit, my suit!
Just a little blood.
I'm gonna wreck my pants.
Want a piggyback ride?
Hold on tight.
There it is.
Let's push.
On three.
Go.
Crazy how the trees have grown.
We could see the soccer field before.
What is it?
I leave for Singapore tomorrow.
Singapore?
To do what?
I got a job as a quant trader for a hedge fund.
Are you happy?
Yes.
Will you stay in the army?
No.
I'm not a real soldier anymore.
I've been saving up.
I'll quit when I'm 30.
I want to live in the desert.
What'll you do in the desert?
I'll build a chapel.
And?
That's it.
I'll just build a chapel.
And I'll pray.
People can stop by and have something to eat or drink.
It'll be like Abraham's Tent.
You've changed too.
Since when do you believe in God?
Well...
take care of yourself.
Don't let the sharks eat you over there.
You too.
Don't let the bible distract you on the battlefield.
I gotta get up early.
Can I kiss you goodbye?
I hope another 4 years don't go by.
Leaving without saying bye?
Trying to wake everyone up?
What will Camille and I do without you?
There's Dad.
You're selfish, like Mom.
Stop it!
Please, Baptiste!
I'm glad you're leaving.
Sorry...
I put money in the box.
And left Camille's study hall schedule on the fridge.
I'll call you when I get there.
I love you, Dad.
Hello. Can you tell Mr. Farès Wahed Jeanne is waiting?
Of course.
I'm sorry, Mr. Wahed checked out early this morning.
Are you sure?
Yes, he took a taxi to the airport at 6: 20.
- He didn't leave a note? - No, I'm sorry.
Unbelievable.
One flight case is missing.
No, Mr. Wahed took it with him.
Hey, remember me?
No.
Farès introduced us.
Doesn't ring a bell.
- I'm meeting him. - Watch it!
Tell me where he is.
Don't touch me. What'll you do?
Fuck!
Hi Jeanne.
Can I go to Gautier's tomorrow?
No.
Why not?
Not during the school week.
So you're staying with us?
I'll pick up Camille from school.
As planned.
Why are you in the dark?
To celebrate your return.
What happened?
I got screwed over.
Why?
Might be a sign.
A sign of what?
We're told we can change worlds.
But we're born and we die in the same spot.
I'll take you to Singapore if you want.
- Really? - Yeah.
By bike?
Where am I?
Where am I?
Where is my body?
I have a bad feeling
I don't understand my mission
It's beyond
War is imminent
Death will strike us all down
No light can conquer the darkness
The kingdom will thus rise
I'm the Spirit of Ecstasy!
The Spirit of fucking Ecstasy!
Here it is.
The model has a 40mm steel case,
a chronograph, a moon phase, and a 24-hour subdial.
A steel case with a diameter of 38.5mm,
set with 60 diamonds,
a seconds hand, and a date display.
A bit heavy,
isn't it?
It's not for me.
World Aid needs a new quant
for the London branch.
Interviews are tomorrow.
I put you on the list for 4 p.m.
I don't want your charity.
Think it over tonight, young lady.
It was an honor to serve France with you over the years.
I'd especially like to thank
Major Alistair Artault
and Lieutenant Adrien Francoeur.
On that note, comrades,
bottoms up.
Mornings all start to look alike
When love makes room for everyday life
We weren't cut out to live together
Being in love isn't always enough
Funny, we were bored yesterday
And we could hardly even say
A few words to talk about the rain
And now that we must part ways
We have 100,000 things to say
Heartfelt words and too little time
We loved each other The same way we walked away
Simply, with no thought of tomorrow
Tomorrow always comes a bit too soon
And farewells are too easy at times
We do as we should, we play our parts
Gaze at each other, laugh And try to act tough
But we always forgot one thing
It's never easy to say goodbye
So maybe we should go
And leave our memories here
We can go downstairs together If you want
And when she sees us walk by
The owner of the café
Will still say, "Hi, lovebirds"...
I got the words wrong.
Let me see!
Hold it like this.
Know when you leave?
Not yet.
But I requested a shorter mission.
Why?
To have more time with you.
And your chapel in the desert?
I'll do that.
In another life!
A strange thing happened at the jewelry store.
A woman wanted me to interview for a job as a quant in London.
Did you know her?
Not really.
I'm not going.
Why not?
I can't leave a second time.
They wouldn't understand.
If it's really what you want, I can explain it to them.
I can take care of them.
I'm scared of losing you all.
You know, the army trains us to stay afraid.
Keeps you careful, heart rate up, reflexes quick.
Don't be afraid of being afraid.
Do you like money?
I wouldn't know.
But, in general?
I'd like the freedom, if I had money.
- You hope to earn a lot? - Yes.
You're the interviewer. Ask yourself your best question.
Does anyone want success more than me?
And?
No.
Are you sure?
Yes.
Our jobs require you to evaluate situations
using available information to find solutions.
Can you calculate the number of diapers sold in France last year?
Any update?
What percent of the population is under 3?
Given the birthrate, it's 5 to 10%.
French population is 60 million.
7% of that is 4.2 million.
A newborn shits about 3 times a day,
which equates to 3 diapers.
21 diapers per week.
Multiply that by 52. Each baby uses 1,000 diapers per year.
Multiply 1,000 by 4.2 million to get the answer.
Look.
Which is?
4.2 billion diapers per year.
That's a lot.
Yes.
Are you sure of your result?
Yes.
Which of these 5 things is most important to you?
Money, recognition, stability,
tackling challenges, or the work environment?
Tackling challenges.
I want to wake up every morning and be tested.
Money and recognition are next.
Which would be last?
- The work environment. - Why?
It's the least important parameter for a career.
What keeps you up at night?
A lot of things. I don't sleep much.
Why not?
My brain never stops.
Is that good for you in the long run?
No, but it's an asset for my employers.
You dress that way because you think we'll find it unique,
but in reality,
it shows you've labeled yourself. So you're less flexible.
Is it important to be flexible in the financial sector?
You're confusing flexibility with lucidity.
You need to make good future projections.
Isn't your suit the new proletarian uniform?
Uber driver.
Steward.
Waiter.
All old news.
In the future, everyone'll dress like me.
You're good at talking crap.
Thank you.
Is that an essential skill in the financial sector?
It's an essential skill in all sectors.
Where do you see yourself living in 10 years?
There.
You know that's a bridge in an imaginary city?
And is this imaginary?
We'll go far, you and I.
I'm born, I walk
I run, I learn
I break, I mend
I move forward, I'm afraid
I'm born, I walk I fall, I grow up
I run, I learn
How time flies
I break, I mend Where is the starting line?
I move forward, I'm afraid
Heartbreak I drink, I vomit
I need some adrenaline
I lose, I cry I want a colorful life
I forget, I grow older I make the same mistakes
Again and again
I'm looking for light In my black holes
Step by step No blank pages anymore
I'm looking for light In my black holes
Step by step No blank pages anymore
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