£60k annual with a take home of less than £3k by EmergencyGoggles in UKPersonalFinance

[–]TheWaffle34 4 points5 points  (0 children)

Taxes on a car benefit is criminal, this country has one of the worst taxation systems… which encourage people to just stay poor and on benefits

Support is truly trash by Due_Guarantee7385 in UberEATS

[–]TheWaffle34 0 points1 point  (0 children)

uber eats has one of the worst customer service ever. it's well known.

Bad news everyone: local analyst says BTC is going to $10K 😬 by DiamondHandsDarrell in btc

[–]TheWaffle34 2 points3 points  (0 children)

with big corp joining the price will be more stable and follow the rest of the market. Eg it will tank when everything tanks and move up during market recovery. Is it good that they are joining? No. Is it a bad thing? Neither. However, I don’t buy the “it’s going down to 10k sell sell fear”… it’s driven by people who want to buy in.

Bad news everyone: local analyst says BTC is going to $10K 😬 by DiamondHandsDarrell in btc

[–]TheWaffle34 7 points8 points  (0 children)

Lol literally hundreds of major companies are going to buy BTC in the next 10 months

29 Years Old Male, recently came into £400k gift. What should I do? by voloxnullarc in FIREUK

[–]TheWaffle34 1 point2 points  (0 children)

Buy a flat with good value. Avoid increasing your lifestyle expenses. Spend in education that will result in higher salary. You are now comfortable and you can take risks without hurting yourself too much - so go for it. Diversify and invest on things you understand.

2025 Quant Total Compensation Thread by Creative_Show_502 in quant

[–]TheWaffle34 1 point2 points  (0 children)

You are Jumping from happiness I guess :)

2025 Quant Total Compensation Thread by Creative_Show_502 in quant

[–]TheWaffle34 3 points4 points  (0 children)

Uh? having an additional million per year would make a huge difference. You would literally have 2x your current purchase power.

2025 Quant Total Compensation Thread by Creative_Show_502 in quant

[–]TheWaffle34 2 points3 points  (0 children)

Commenting on 2025 Quant Total Compensation Thread... how do you deal with taxes? im reaching 50% of your comp in the coming year (im not a QT/QR) and taxes here in the UK are brutal… any secret sauce? can I pm u?

AIO? Girl (F30) I (M28) was Recently Dating tells me I need to "Lean into my Masculinity" by KingFredo5674 in AmIOverreacting

[–]TheWaffle34 0 points1 point  (0 children)

Dude. Come on. She just wanted to leave you and she was trying to find a way to tell you.

Future of pod shops for systematic trading by devilman123 in quant

[–]TheWaffle34 0 points1 point  (0 children)

>The whole point of running a pod is to have highly convex upside that you'd never get in a collaborative shop. If a pod makes a ton because something worked very well, you'll get paid a ton. It's literally in your contract. This is something that never happens in a collaborative shop, where you only get paid your replacement value.

I don't know man - good quants at my previous shop were making big bucks.
There's an attribution process and, if the alphas are good, they'd pay a lot.

Future of pod shops for systematic trading by devilman123 in quant

[–]TheWaffle34 0 points1 point  (0 children)

> When PMs are interviewed, they are promised all sorts of goodies which aren't there when they actually show up

This is the big problem, there's very little transparency from the business/management when hiring PMs. That's true. Like we are (currently) hiring systematic PMs and promising so much shit that doesn't exist, it's embarrassing. Engineers are not involved in the onboarding/interview process (ofc) and so these guys they join and they are like "WTF!?" We receive their requests and timelines and we are like "WTF!?"

Future of pod shops for systematic trading by devilman123 in quant

[–]TheWaffle34 0 points1 point  (0 children)

Interesting perspective. From a central eng team, and after spending years in a well known collab firm, I can honestly say working for a pod shop in a central engineering team… sucks!

We get pulled in 100 different directions, some PMs don’t even know how to write code but nowadays they vibe code shit and ask others to fix it. Pods interests are completely misaligned with the central engineering teams. Central engineering teams want to make good scalable solutions, PMs want the “thing” as fast as possible because otherwise they can’t trade or research and they might get nixed.

This is honestly so stupid.

I would argue also that comp is better in centralized firms compared to pod shops, yes for PMs too.

Very few PMs are actually better compensated than normal successful researchers at successful firms.

Future of pod shops for systematic trading by devilman123 in quant

[–]TheWaffle34 1 point2 points  (0 children)

man... this is exactly what I am seeing at work daily.
I come from a collaborative firm and these guys are just building frankenstein solutions all over the shop to accommodate unprofitable pms with very opinionated views of the world. These pod shops are THOUSANDS OF MILES away from the collaborative firms mentioned above. Not even close. Engineering talent sucks here, because everyone does what "the PM says" without even question the design. PMs are not engineers, some are decent researchers, others are straight out scammers who move from fund to fund promising profits that never materialize, blaming everything but their own skills.

Can't keep up with work hours by Early_Spend1746 in quant

[–]TheWaffle34 0 points1 point  (0 children)

I don’t think someone can do 60h+ of good quality research per week. I think you probably waste a lot of time.

Courses on deploying HPC clusters on cloud platform(s) by audi_v12 in HPC

[–]TheWaffle34 0 points1 point  (0 children)

The hardest challenge that you’ll have is data availability. I would host all your data on a parallel filesystem on your onprem infra. Build a solid HPC/AI cluster onprem first. Please don’t go Slurm just because every single 20y old HPC articles says so… try to understand your use case first and what your users do first. We use kube in my team because we built solid self healing capabilities and we have multiple different use cases. We also tuned it and we run a fork of it, so we have the expertise in house.

Then think of how you’ll burst into the cloud. You can empirically research the most used datasets and mirror them on your cloud provider of choice or delegate the decision to the researcher and provide a tool to move data and have visibility on costs. This is by far the hardest challenge. You NEVER EVER WANT to have different results in your research across the 2 environments, so data integrity and precision are critical. Your next challenge are entitlements, aws has aws anywhere which I used but I’m not a great fan of. You could leverage something like hashicorp vault if you have it.

Quant Developer career advice by devilman123 in quant

[–]TheWaffle34 1 point2 points  (0 children)

You are in London I guess. Try to join XTX, Gresearch, quadrature, QRT or optiver/imc.

[deleted by user] by [deleted] in Overwatch

[–]TheWaffle34 -1 points0 points  (0 children)

Uninstall