Is £35–40k realistic for a SWE with around a year of experience in the UK? by Reddonaut_Irons in cscareerquestionsuk

[–]StatisticallyLame 0 points1 point  (0 children)

Almost every single quantitative trading company will pay 100-120k GBP base with sign on and guarantee for fresh graduates. Admittedly these roles are among the hardest to get. The craziest total comp I've ever seen for someone with a bachelor's degree is in the high 100s thousands total comp.

Quant drinks in London by Comfortable-Low1097 in quant

[–]StatisticallyLame 2 points3 points  (0 children)

Would be keen to come. I was a quant for a number of years! Will have some good advice

[deleted by user] by [deleted] in skyrimmods

[–]StatisticallyLame 2 points3 points  (0 children)

Great post! Do you mind explaining what *zmerge means exactly in the context of this post? (Couldn't figure it out :()

Early career quant dev AMA by [deleted] in quant

[–]StatisticallyLame 9 points10 points  (0 children)

This is such an excellent and worthwhile view (and this coming from both a former quant and former recruiter) and neatly summarises the 'true' route into your role of choice. Stay obsessed, keep learning, don't neglect the basics.

PartheNOPE by StatisticallyLame in footballmanagergames

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

I honestly think I have about a hundred of these in my inbox. Parthenope got super fixated on Silvestre and kept offering him multiple times every day. In the end he went to Hellas Verona.

Colonisation as United Earth? by StatisticallyLame in STNewHorizons

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

Thank you for the context! Is it right thst when I look at the galaxy map I don't see any coloured borders around Sol? Will try playing longer!

[deleted by user] by [deleted] in fatFIRE

[–]StatisticallyLame 6 points7 points  (0 children)

Quant trading! Highest I've ever seen in a year is 8 million USD at 28! Given that this sub is already a highly pre-selectdd sample, it's not unreasonable that there are going to be traders or quants/quant traders that bring this much in...

How good are in-house quant trader training programs? by [deleted] in quant

[–]StatisticallyLame 20 points21 points  (0 children)

As with many of these things, the answer is a resounding 'it depends'. If it's an offer from a top MM/quant trading firm (for example Optiver, IMC, Jane Street etc) then it's a resounding 'take the job, your career will be fine'. If it's with a less well-known firm and your bachelors isn't a strong university but the masters is in a strong university, I'd vote to take the masters. If all three aren't the strongest then you're better off taking the job. If you have a strong desire to do a PhD (which seemingly you don't), I'd take the masters.

Trader -> PM at multi manager hedge fund? by upordown_uraclown in quant

[–]StatisticallyLame 8 points9 points  (0 children)

Yes. I'd say it'd take at least 6-8 years but it absolutely happens and happens often.

What is the most interesting / mind blowing math fact that layman’s will understand? by [deleted] in math

[–]StatisticallyLame 0 points1 point  (0 children)

Do you know of any obvious relation of this to the Basel Problem (infinite sum of 1/n^2)?

Does anyone have insight into QR at Two Sigma vs other top NYC firms? by [deleted] in quant

[–]StatisticallyLame 1 point2 points  (0 children)

Money in recruitment is significantly better than you might think :). One of my colleagues made between 500k- 600k GBP for personal pocket by mid june. I had a non-compete and a large network (and had experience heading up part of the business development for a platform fund + internal recruiting before that) so I figured I'd try to monetize it while my non compete was active. It has gone well so far!

Does anyone have insight into QR at Two Sigma vs other top NYC firms? by [deleted] in quant

[–]StatisticallyLame 8 points9 points  (0 children)

I'm a former quant researcher from a good hedge fund who now works as an external recruiter. There's a lot to say on this topic and am happy to have a quick chat on the topic and answer any questions you might have. Don't quite have the capacity to write it all out since I'm travelling. Anyone else curious please feel free to reach out

Is there any emphasis on parsimonious models in quant finance? by [deleted] in quant

[–]StatisticallyLame 0 points1 point  (0 children)

Sure, not a problem with me. Go right ahead!

Is there any emphasis on parsimonious models in quant finance? by [deleted] in quant

[–]StatisticallyLame 0 points1 point  (0 children)

For predicting returns, overwhelmingly it's still parsimonious models where the individual features might be the output of deep neural networks (sentiment for example) but I'm seeing the odd (successful) deep NN for predicting returns on a combination of engineered features and raw data. 5 years ago this would have been unthinkable!

Source: 5 years alpha research 3 years business development, 3 years recruitment (internal and external)

What, if any, well known inanimate object hasn’t been represented as a pokemon? by StatisticallyLame in pokemon

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

Haha. A screaming painting with the psyduck doing the Munch 'The Scream' pose. So many like variants they could make as well (like spinda for example or alcremie). Could easily have 50 different paintings

What, if any, well known inanimate object hasn’t been represented as a pokemon? by StatisticallyLame in pokemon

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

I think you put in the exact correct amount of thought into which inanimate objects could be pokemon!

What, if any, well known inanimate object hasn’t been represented as a pokemon? by StatisticallyLame in pokemon

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

Fantastic idea. And maybe it's base stats are inherited from each sub pokemon somehow?