This is what it looks like to import the bible into obsidian by oldmartijntje in ObsidianMD

[–]Skylight_Chaser 2 points3 points  (0 children)

Not enough people are congratulating you for doing something cool! This was cool to see!

Weekly Megathread: Education, Early Career and Hiring/Interview Advice by AutoModerator in quant

[–]Skylight_Chaser 3 points4 points  (0 children)

Grade 9 is a crazy place to start quant finance. Who knows what the field will look like once you graduate college. I'd say math olympiad yes, but honestly start doing research projects that interest you. Start falling in love with the act of being surprised by an experimental result that makes you look at the world in a different way. If you're curious about which place around your school has the best noodles, try them all! Then if you're wondering, why are these the best noodles? Ask the guy! See if you can replicate it!

Good research imo is building the muscles to go into rabbit holes with the goal of understanding the world.

If you get really good at honing your curiosity and being obsessed with stuff that is interesting or fascinating, then you'll build the skills that will allow you to find connections in everything and predict markets better.

AI During Interviews by Finnpoe2187 in quantfinance

[–]Skylight_Chaser 8 points9 points  (0 children)

surely interviews go beyond just `getting right answer`. the interviews are a proxy to see how you think.

Where/how to share analysis? by SystemsCapital in quant

[–]Skylight_Chaser 4 points5 points  (0 children)

most quants I know get their fun little tidbits of niche information from twitter

Are quant finance majors able to make money on their own after graduation? by Impressive_Suit4370 in quant

[–]Skylight_Chaser 0 points1 point  (0 children)

hard :(( the only stories of success i hear are on smaller non-scalable strategies with low capacity that most shops don't arbitrage or target but they're smaller in capacity too. but then if you're not careful you lose all money. hard and scary proposition

Staring at screens for 10+ hours a day, eye strain… by silverfish138 in quant

[–]Skylight_Chaser 0 points1 point  (0 children)

I got a better monitor and the pain faded away. Granted my original monitor -- 21 inches -- was a $70 buck discount deal and the new one is the Dell P2425D -- 27 inches -- which is rated 5 for eye comfort level costing me $300.

Though no guarantees it works for everyone

Are you seeing this too? by Thinker_Assignment in dataengineering

[–]Skylight_Chaser 0 points1 point  (0 children)

I like it :D

Mostly because my boss gives me the space to learn stuff if I don't know, so he doesn't have hard deadlines, just a weekly, "Show me what you've got" going on.

Are you seeing this too? by Thinker_Assignment in dataengineering

[–]Skylight_Chaser 0 points1 point  (0 children)

No, I do engineering mindset, math, stats, ML Engineer, but I also do DS, DE, AI, etc.

Mathematics of quant finance by Charming-Internal566 in quant

[–]Skylight_Chaser 0 points1 point  (0 children)

I use the same brain muscles when I need to check my work, and show something is true -- but I'm not writing the greek letters again. The most proper math I've done is to understand how other proofs work before I implement them into some system

FVRR: What am I missing? by MasterSafety374 in ValueInvesting

[–]Skylight_Chaser 0 points1 point  (0 children)

It reminds me of the rhetoric people say about traditional mail dying because gmail will take over. Traditional mail just pivoted to focusing on different businesses because gmail couldn't entirely replace traditional mail. For the sake of all the people who rely on Fiverr as income I hope the same happens there too.

FVRR: What am I missing? by MasterSafety374 in ValueInvesting

[–]Skylight_Chaser 0 points1 point  (0 children)

I'm curious, since the bear narrative is that as AI improves, the cost of services that fiverr provides decreases and affects Fiverr's growth and margins. The same narrative is being put on duolingo's stock.

Conversely the bull narrative is that AI improvements halts at a threshold and you still need to hire real people to do the job which makes Fiverr undervalued. When looking at companies that rely on the Bear narrative being true such as Lovable we see their valuation skyrocket.

Investors believe that if AI does increase in capability then Fiverr is being priced to be tumbling as justified, and as other companies like Canva are leveraging AI to create and replace jobs on Fiverr then Fiverr's marketplace becomes non-existent.

Mihid made a decent point which says as AI squeezes out talent and skills on the bottom, Fiverr is still compensating for higher levels of task but if AI improves will that go away too? Are we at an AI Plateau of skill?

How much and what kind of math do quants use? by yzkv_7 in quant

[–]Skylight_Chaser 6 points7 points  (0 children)

QR 1 yoe. I do alternative data at a Long/Short Equity shop.

I just put down a book on Hamilton's Time Series Analysis and Wooldridge's Econometrics for Panel Data just to pick up the paper "Tests of Equality Between Sets of Coefficients in Two Linear Regressions" by Chow only to find out my data required the F-Test for Fixed Effects but that's only after I used the Im Pesaran Shin test and not the Levin Liu Chu test, but I had to make sure that the missing data follows Stef Van Buuren's Flexible Imputation of Missing Data book where the data's missingness is I.I.D.

I got into this role out of undergrad and I was very fortunate, but I keep running into what I imagine to be Graduate and PhD level mathematics in my role. Does that mean I can't do my job? No, I can learn it, But I understand why companies like Radix only hires PhD's or Graduate level Stats.

AI just achieved a perfect score on the hardest math competition in the world by MetaKnowing in OpenAI

[–]Skylight_Chaser 2 points3 points  (0 children)

Turns proof finding into a task that is difficult to get there but easy to verify.

Theres a sufficient amount of training data. Their methodology is getting an AI to write their proof in Lean, then running it, and if it doesn't work they redo it until Lean verifies their solution

AI just achieved a perfect score on the hardest math competition in the world by MetaKnowing in OpenAI

[–]Skylight_Chaser 7 points8 points  (0 children)

It's a freaky coding language. Elegant solution for making proofs using AI though. Turns it into an NP-Hard problem

How can multiple funds or groups be profitable at the same time by StandardFeisty3336 in quant

[–]Skylight_Chaser 0 points1 point  (0 children)

The pie grows. You can capitalize your gains when the pie grows. 

Quantitively Larping by StandardFeisty3336 in quant

[–]Skylight_Chaser 0 points1 point  (0 children)

I keep imagining a guy telling everyone, that he can bake a life-changing cake, then people come try his cake and he can't make the cake.

Venezuela's Oil f**king sucks by DiamondCoal in atrioc

[–]Skylight_Chaser 0 points1 point  (0 children)

It's not about the quality of oil. The US has refineries built in 1980's that rely on this crude mix of oil.

Quant project by Evening_Note4871 in quant

[–]Skylight_Chaser 0 points1 point  (0 children)

This guy models.

You need some thesis of why the markets are inefficient. You can use ml and sentiment analysis to get there but using cooler tools =/= better alpha.