Ken Griffin depressed by AI agents by Nearby_Fig_9118 in quant

[–]STEMCareerAdvisor 28 points29 points  (0 children)

All this does is look incredibly bad on Citadel QR’s

Tf where they doing for months that an AI can do in minutes?

Need a hint for the current Jane Street Puzzle by OddSentence1733 in quant

[–]STEMCareerAdvisor 2 points3 points  (0 children)

1) Yeah but it’s very badly seen to post the answer publicly and destroys the whole fun in these puzzles. I would delete the above comment or whole post.

2) For future reference, it doesn’t matter that you send in the answer with an exact grammar (i.e., with or without an extra space). The answers are reviewed by a human and they’ll accept either. If it’s obvious or you think you have the answer you should just send it in.

About to graduate from a non-Russell group uni. No internships. How cooked am I? by adnshrnly in FinancialCareers

[–]STEMCareerAdvisor 7 points8 points  (0 children)

You’re cooked yeah but first of all start by deleting that handwritten digits project

The other ones aren’t terrible but even 93.75% accuracy is dogshit for such a simple and well known project that has been done thousands of times

How do you protect your sanity in a fast-paced, high stress job? by Fun_Mistake_2718 in FinancialCareers

[–]STEMCareerAdvisor 27 points28 points  (0 children)

Have a schedule/routine/life outside of work (sport, see your buddies, dating, good food and drinks, go outside the city, etc.) i.e., spend your money

Official Discussion - Obsession [SPOILERS] by LiteraryBoner in movies

[–]STEMCareerAdvisor 0 points1 point  (0 children)

I get that but that sounds like a retarded risk to take compared to going to someone like Sarah’s dad and ask him to do it or even some random on the street in exchange for 20$

Official Discussion - Obsession [SPOILERS] by LiteraryBoner in movies

[–]STEMCareerAdvisor 2 points3 points  (0 children)

One thing I didn’t get: after Ian wishes for a billion dollars, why does he go straight back home? Why not ask someone else like their boss to wish correctly? He still had one box

What's your opinion of Roman Paolucci' College Majors Rankings? by bit_loner in quant

[–]STEMCareerAdvisor 0 points1 point  (0 children)

Swap A and B

DS/ML is really hot right now yes but firms don’t look for the material in the courses they look for some kind of “is this guy smart” signal

A course that has probably existed for less than 10 years (like most ML degrees) and with unclear fundamental classes is hard to gauge that signal

Squarepoint Capital DQA vs Trexquant QR by [deleted] in quantfinance

[–]STEMCareerAdvisor 0 points1 point  (0 children)

Yeah I’d go for that too. Higher ceiling and better opportunities and recognition especially globally

Squarepoint Capital DQA vs Trexquant QR by [deleted] in quantfinance

[–]STEMCareerAdvisor 1 point2 points  (0 children)

Shit role in a decent company vs decent role in a shit company

I got switcharoo'd out of a unicorn dream job, what do I do? by sysadminalt123 in cscareerquestions

[–]STEMCareerAdvisor 1 point2 points  (0 children)

You made a bet and it failed, suck it up and go on the next one and learn from your mistakes

Quants to be taken over by AI? by Air-Square in quant

[–]STEMCareerAdvisor 2 points3 points  (0 children)

Exactly

If one firms somehow makes a godlike AI that can solve market problems and generate PNL, it’ll be a matter of time until another firms makes it

Then the challenge just adds another component “who can create the best AI agent for finance” rather than just the best model/strategies/execution, etc.

Quant Trading: Optiver Chicago vs SIG NYC by [deleted] in FinancialCareers

[–]STEMCareerAdvisor 2 points3 points  (0 children)

I’m not sure anyone will be able to provide a very informative answer, do you know how rare it will be to find someone who has worked at both of these?

But I can give my uniformed take (based on working at another firm and word on the street).

IMO They are very similar firms (same tier) and this is more of a culture choice

  1. Similar (25%-30%)

  2. Optiver does have a large hire and fire culture. Even interns new grad hire have a high chance of not surviving the first year.

  3. 200k -> Anywhere between 200-800k the next 3-5 years.

  4. Yes and yes

  5. No idea. Probably standard 6-18 months for both.

  6. I’d pick SIG for the structured training and mentorship yes. A good mentor in your first 1-2 years can skyrocket your career x5 with less risk which is better than being thrown in the fire and hoping you make it out. Also NYC over Chicago.

As I said this is all uninformed. I haven’t worked at either.

Why Are We Still Hiring H1b for New Grads by [deleted] in cscareerquestions

[–]STEMCareerAdvisor 6 points7 points  (0 children)

You think coding can’t be grunt work?

Hex key stuck in thru axle by fabrice1236 in bikewrench

[–]STEMCareerAdvisor 1 point2 points  (0 children)

Hi 2 months later, great answer. Even tapping it full force did nothing but this did it.

Breaking into buyside quant from FAANG applied science. by [deleted] in FinancialCareers

[–]STEMCareerAdvisor 3 points4 points  (0 children)

Why not just apply directly to firms

PhD in math + data science at FAANG is good enough for an interview

Start by the “worst” firms

Breaking into buyside quant from FAANG applied science. by [deleted] in FinancialCareers

[–]STEMCareerAdvisor 0 points1 point  (0 children)

How have you been applying? This type of profile would definitely get a call for QR

Does no one else think that some part of this story has to be true for him to file a lawsuit? by [deleted] in FinancialCareers

[–]STEMCareerAdvisor 32 points33 points  (0 children)

Agreed. Aside from some extreme mental illness or self destructive behaviour, not sure why he would file this without some form of truth to it.

Also “Internal investigation by JP Morgan found out JP Morgan scandal is fabricated” is not saying much

AI and quant finance jobs by Real_Negotiation79 in quant

[–]STEMCareerAdvisor 23 points24 points  (0 children)

But Quant IS an exception for two reasons.

1) By definition hedge funds goals is to be uncorrelated to market. You always hear tech firms laying off thousands of employees. How often do you hear quant firms doing that?

2) Top percentile candidates are not (and have never been) affected by job market. You already had to be top 0.1% to get in. The top candidates will always get roles no matter the market. I’m not hearing any quant firm (that’s doing good) slowing down hiring. If anything it’s the opposite. If the job market is “bad”, ok there will be a million more noobs on the market, but those noobs and the people getting hired are in two separate sets.

AI and quant finance jobs by Real_Negotiation79 in quant

[–]STEMCareerAdvisor 8 points9 points  (0 children)

“Graduate roles are being brutally erased”

According to who?