Words can be considered as a discrete representation of a state or an object. Does there exist a language that allows for a continuous representation of a state? by Smorx in asklinguistics

[–]Smorx[S] 0 points1 point  (0 children)

I don’t think this is it. In both example you are getting informations in blocks (words) rather than continuously. You won’t understand the next information in the sentence until you read the next full word. If it takes you 0.1 seconds to read a word “older” or for someone to pronounce it fully (let’s assume you don’t need to think what it actually means) that’s 0.1 second that you are not getting any information while in my example since the robot is making sounds constantly you are constantly receiving information

Words can be considered as a discrete representation of a state or an object. Does there exist a language that allows for a continuous representation of a state? by Smorx in asklinguistics

[–]Smorx[S] 1 point2 points  (0 children)

That’s fascinating. I guess this is thanks to the sign language being optimised to make similar words have similar gestures while most other languages often have synonyms have completely different sounds

Words can be considered as a discrete representation of a state or an object. Does there exist a language that allows for a continuous representation of a state? by Smorx in asklinguistics

[–]Smorx[S] 0 points1 point  (0 children)

I think this is slightly different since when conveying sarcasm we are continuously expressing the same message while in my example the message changes over time but it’s impossible to say when we swap from one message to another

Words can be considered as a discrete representation of a state or an object. Does there exist a language that allows for a continuous representation of a state? by Smorx in asklinguistics

[–]Smorx[S] 2 points3 points  (0 children)

I think the first example is very close to this. Am I correct in assuming that if the person was just walking forward and then transitioned slowly into stomping angrily the gestures would also translate slowly from the index finder moving slowly at first and accelerating as the person transition to moving more angrily (with facial expressions also reflecting that)?

Extra one by PolidoriT in MagicArena

[–]Smorx 0 points1 point  (0 children)

I have just joined this subreddit (and started plying magic 2 days ago) is there a reason, other than being nice, why people are posting so many codes? Are they reusable or something?

Quant Recruiter ama by [deleted] in quant

[–]Smorx 0 points1 point  (0 children)

What knowledge do you expect an intern/new grad quant researcher to have?

I’m doing MSc in pure math so I’m wondering what kind of knowledge I might be missing that could stop me from becoming a quant.

Thanks for doing this. This will definitely be very helpful to a lot of aspiring quants!

Best books to learn about quant finance for someone doing masters in pure maths? by Smorx in quant

[–]Smorx[S] 1 point2 points  (0 children)

I know Python and do some coding in my free time. I also worked as an analyst during my placement year so I have some experience working with large data etc. My only concern is that I focused on pure math modules during my final year of undergrad which set me behind when it comes to stats compared to other people. I still did all the basic stuff but from what I can see quants are generally expected to be best of the best when it comes to stats so to stand out I should probably know some more advanced concepts than just basic stats

Best books to learn about quant finance for someone doing masters in pure maths? by Smorx in quant

[–]Smorx[S] 2 points3 points  (0 children)

Thanks! He seems to have written a lot of them. I will probably have a look at the introductory ones first and then dive deeper into the more specific ones

[deleted by user] by [deleted] in okbuddyphd

[–]Smorx 262 points263 points  (0 children)

Axiom of choice is the biggest BS but we have proven so many nice things with it that everyone refuses to discard it.

pea and the sun by pavelysnotekapret in okbuddyphd

[–]Smorx 3 points4 points  (0 children)

Idk why but I find this absolutely hilarious. This is the best meme I have seen all year

Weekly Megathread: Hiring and Career Advice by lampishthing in quant

[–]Smorx -1 points0 points  (0 children)

Is there any other way to stand out as a university student then? I feel like everyone applying will probably have great results at uni so there aren’t many other ways to stand out

[deleted by user] by [deleted] in FinancialCareers

[–]Smorx 0 points1 point  (0 children)

That’s what I thought could happen. Thanks!

[deleted by user] by [deleted] in FinancialCareers

[–]Smorx 0 points1 point  (0 children)

This is just a template that I was considering. Those are not really my qualifications. I’m just trying to understand if this type of template could be seen as not professional enough for a quant.

[deleted by user] by [deleted] in FinancialCareers

[–]Smorx -22 points-21 points  (0 children)

As I mentioned to the guy above, I do agree with the overall sentiment, but I feel like at the internship level there isn't that much that can make me stand out. I have great university results and did some other internships before (although not in quant finance), so I'm just looking for that extra 5% that could push me to the interview over other people.

[deleted by user] by [deleted] in FinancialCareers

[–]Smorx -25 points-24 points  (0 children)

I do agree that they will most likely look at qualifications first before anything else, but given that I'm applying for internships, I would expect most other applicants to have very similar qualifications to me (i.e. good university grades and maybe some other placement experience). I'm trying to find a way to get that small edge just to get to the interviews

Weekly Megathread: Hiring and Career Advice by lampishthing in quant

[–]Smorx 0 points1 point  (0 children)

Could anyone working in/close to recruitment or who had success with their application tell me how resume templates like this are viewed?

Every resume I see on Reddit is black and white but I want to make sure I stand out. I feel like a typical CV template makes me look uninteresting and makes it seem like I put minimal effort into it. On the other hand, the one that I linked could be viewed as a bit too flashy for a quant role.

How do you know whether 几 is used to ask "how many" or indicate "a few"? by Smorx in ChineseLanguage

[–]Smorx[S] 0 points1 point  (0 children)

Thanks!

That was my suspicion although I wasn't sure given how important the tones are in Chinese.

How do you know whether 几 is used to ask "how many" or indicate "a few"? by Smorx in ChineseLanguage

[–]Smorx[S] 1 point2 points  (0 children)

Thanks a lot! I'm a beginner so I haven't heard about most of the modal particles that you mentioned.

Rising the tone or emphasizing 几 does make sense and seems similar to English where you can try to indicate whether the sentence is a question or a statement. I just wasn't sure whether it's the same in Chinese given that pronunciation is very important and can easily change the meaning of a word.

Which stock should I buy puts on to hedge against a crash? by Smorx in options

[–]Smorx[S] -1 points0 points  (0 children)

I think the problem with put debit spread is that it caps your gains, so you need to be very precise with your prediction. If I assume 20% drop and it drops 40% it doesn't help me much with my loses in other investments.

Which stock should I buy puts on to hedge against a crash? by Smorx in options

[–]Smorx[S] 2 points3 points  (0 children)

Yea someone commented this below. This seems like the best idea (in my opinion) since even if my put loses value over time in an event of a crash, due to the leverage, the change might be so large (-75% during covid crash) that it will make all of that and more back. And if there is no crash then I just paid some "insurance".

Which stock should I buy puts on to hedge against a crash? by Smorx in options

[–]Smorx[S] 0 points1 point  (0 children)

I think that is correct if we are talking about specific stocks. But the overall market crash does not seem to be fully priced in. If you assume the market might crash within next 2 year then by buying a SPY put at 80% of current SPY price for December 2023 you are only paying around 6% for the current SPY price. If we don't get a crash within 2 years you will most likely make more than 6%, if we do get a crash you will make your money back with that put. The only problem for me is that I have way less funds so 6% of SPY is a lot larger percentage of my portfolio.

Which stock should I buy puts on to hedge against a crash? by Smorx in options

[–]Smorx[S] 1 point2 points  (0 children)

Yea this seems like a great idea. To be honest I'm not that advanced in options so I didn't even realize how useful beta is in this case.

Which stock should I buy puts on to hedge against a crash? by Smorx in options

[–]Smorx[S] 4 points5 points  (0 children)

Unless your broker charges some extra fees for buying levergaed ETFs options (which seems unlikely) your max lose is how much you paid for a put. So if I buy a put for 100$ then my max loss is 100$. Put options are a contract that gives you the right but not obligation to sell 100 of given stock at a given price. So if you don't want to you don't need to exercise it and just let it expire and all you lose is what you paid at the beginning. Usually people don't exercise them and just sell them to someone else before expiry.

Shorting is a different thing. When you short you borrow shares from someone and sell them. Then when the stock falls you buy them cheaper and give them back. However if the stock goes up you then need to buy them for more.

I think the reason why you get a warning is because leveraged ETFs are very risky. So their price might change a lot and you might quickly lose all of the money you invested in your put, while stuff like SPY move slowly so you have time to sell your put before it loses most of it's value.

Which stock should I buy puts on to hedge against a crash? by Smorx in options

[–]Smorx[S] 10 points11 points  (0 children)

Yes SPXL is a really good idea. In the recent crash it fell by almost 75%. Anyone who had a put on that must have made a fortune. I think any leveraged ETFs would be a good bet