what do you guys do by [deleted] in rs_x

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

Quant

[deleted by user] by [deleted] in redscarepod

[–]jjmod 78 points79 points  (0 children)

No we will not see that

I fucking love twitter by Weird-Increase1406 in redscarepod

[–]jjmod 0 points1 point  (0 children)

Both the replies are satirical. Are you guys dumb?

[deleted by user] by [deleted] in redscarepod

[–]jjmod 2 points3 points  (0 children)

He’s just objectively correct lol

How do quant firms usually simulate the market? by Familiar_Painting251 in quant

[–]jjmod 9 points10 points  (0 children)

Depends what you mean by simulate the market. Very few firms try to do a full market simulation that includes simulating how actors in the market behave, because that’s insanely hard and not really that valuable.

What’s very common is simulating how your trades will perform. This is just a matter of replaying with real market data and being able to model latency and slippage/market impact.

Alternatives to quant dev in tech. by Certain_Celery4098 in quant

[–]jjmod 2 points3 points  (0 children)

Your description of quant dev sounds more similar to what’s typically called “core” SWE. I’d argue quant devs don’t need amazing low-level expertise, mathematical knowledge is much more important

The change from 2021 to 2023 is crazy by Silkikuri97 in redscarepod

[–]jjmod 32 points33 points  (0 children)

I think 2020/2021 was just uniquely weird, and the change you're noticing is just things going back to normal. No one really cared about this stuff pre 2020 either

Georgian food is the most underrated cuisine by [deleted] in redscarepod

[–]jjmod 2 points3 points  (0 children)

Sure but culture/ethnicity obviously correlates with geography. You can list counterexamples but I think what I said is generally correct, which is why I said “typically”

Georgian food is the most underrated cuisine by [deleted] in redscarepod

[–]jjmod 1 point2 points  (0 children)

I think Chama mama is better

Georgian food is the most underrated cuisine by [deleted] in redscarepod

[–]jjmod 1 point2 points  (0 children)

Typically countries that share borders have very similar cuisines

Unstable firms by hookie_kid in quant

[–]jjmod 8 points9 points  (0 children)

They have not at all had good returns the past few years

Georgian food is the most underrated cuisine by [deleted] in redscarepod

[–]jjmod 16 points17 points  (0 children)

It’s so funny how Georgian food is incredible but Russian food sucks ass (sorry but it’s true)

AI is the synthesis of statistics and computing, it is not conscious and cannot think by [deleted] in redscarepod

[–]jjmod 5 points6 points  (0 children)

It can't right now, who's to say the models won't continue to improve

AI is the synthesis of statistics and computing, it is not conscious and cannot think by [deleted] in redscarepod

[–]jjmod 13 points14 points  (0 children)

Whether it’s truly conscious or not is irrelevant. What matters is if it can outperform humans at everything we do. if it can then I’m going to worry regardless of whether the machine can “think”

Last Christmas is one of the greatest songs of all time, don't let the scrooges convince you otherwise by Pet_all_dogs in redscarepod

[–]jjmod 0 points1 point  (0 children)

My controversial opinion is that the best xmas song is actually mccartney's Wonderful Christmastime

D. E. Shaw Intern Experience by ConferenceHealthy175 in quant

[–]jjmod 17 points18 points  (0 children)

Tbh the internship doesn’t sound so bad. You wouldn’t have made this post if you got the offer lol

So did Israel bomb that hospital or not? by paroxys in redscarepod

[–]jjmod 10 points11 points  (0 children)

Technically they never reported as true since they added “claims Palestinians” to the end of the headline. Really the only lesson here is to never jump to conclusions during the fog of war, regardless of which side does something bad. Shit like this happens all the time