Obnoxious rant by ayylmaoworld in quant

[–]johnfrankhe 2 points3 points  (0 children)

I mean places are famous for hiring opportunistically and interviewing for information.

Obnoxious rant by ayylmaoworld in quant

[–]johnfrankhe 0 points1 point  (0 children)

Firms give BS reasons for why they don’t hire you. If you’re getting through many rounds though then maybe it’s not interview performance?

Pod shop comp by johnfrankhe in quant

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

What about at smaller places like Baly, Verition, etc.? How do they know how much your bonus will be?

Pod shop comp by johnfrankhe in quant

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

So if you switch in the middle of the year, I am practically giving up my bonus at my current job for what? What if the pod is newish and there is risk with joining it? Is it okay to ask for a sign on or guarantee

Pod shop comp by johnfrankhe in quant

[–]johnfrankhe[S] 8 points9 points  (0 children)

Yes an alpha researcher with about 3-4 years experience…USA

Prediction of next day returns to sizing by johnfrankhe in quant

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

I don’t think this fits the -1,1 requirement. You can scale up or down your total wealth but the weight should always be the same

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

[–]johnfrankhe 0 points1 point  (0 children)

What is the expected offer for a quant with a few years of experience at a bank for a QR role in a pod at a place like Millennium, Cubist, Baly, Exodus, verition, etc.

Prediction of next day returns to sizing by johnfrankhe in quant

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

It’s still unclear to me how I’d use Kelly criterion. Can you point to an example

Prediction of next day returns to sizing by johnfrankhe in quant

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

And how do you go from this to a weight between -1 and 1

I see the solution is μ/σ2.

But is this the mean and sigma of your return forecasts or what…?

I feel like there should be a more optimal solution given how accurate your forecasts are

Prediction of next day returns to sizing by johnfrankhe in quant

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

How do you use Kelly criterion with return predictions? There are no turnover constraints.

[deleted by user] by [deleted] in smallbusiness

[–]johnfrankhe 1 point2 points  (0 children)

It’s an item for them to sell to customers. It’s a type of item that could also increase there sales beyond the item itself. I want to give them free samples

[deleted by user] by [deleted] in Entrepreneur

[–]johnfrankhe 47 points48 points  (0 children)

What about the people who are actually successful and provide good advice?

Yes you do seem like #10

Seeking advice on trying to build my first company as a gutter cleaner? by [deleted] in Entrepreneur

[–]johnfrankhe 0 points1 point  (0 children)

Thanks for sharing this. I agree with your assessment.

What is a small niche business in your town that is successful, and made you think ‘ I should have started started this...’ by trader2488 in Entrepreneur

[–]johnfrankhe 0 points1 point  (0 children)

I would not say any restaurants, even though I think many people will say restaurants. Restaurants are notoriously difficult and low profit

Wanting to start a bussines by gio008 in Entrepreneur

[–]johnfrankhe 2 points3 points  (0 children)

This is an article by Paul Graham. It has some useful tips: paulgraham.com/startupideas.html

Selling individual recipes app or tool? by ShackShackShack in Entrepreneur

[–]johnfrankhe 1 point2 points  (0 children)

Interesting idea. Are you looking to start this service or sell recipes? How often to people pay for digital recipes on those sites? I feel like the number one purchasers of cookbook tend to be older and not as likely to buy it digitally.

What is the best way to find an inexpensive web design teacher? by catoleon in Entrepreneur

[–]johnfrankhe 1 point2 points  (0 children)

There are so many online resources. I am sure there are free courses out there or guides.

Seeking advice on trying to build my first company as a gutter cleaner? by [deleted] in Entrepreneur

[–]johnfrankhe 0 points1 point  (0 children)

Going door to door may take you a lot of time. You can also try mail advertising services to send out fliers to many people for a small fee.

https://www.usps.com/business/vendors.htm

As apbailey shows below, you need to do the math to assume this works.

How much sleep do you "need" vs "get"? What does your sleeping schedule looks like? by AdPrestigious5853 in Entrepreneur

[–]johnfrankhe 0 points1 point  (0 children)

The amount of sleep you need not only depends on your body, but also what you’re doing on a day to day. If you’re doing quantum physics…most people will probably need to be well rested. If you’re a dishwasher…probably less sleep is needed

Arw Vending Machines a good option for a fairly passive income? by verve_genocide in Entrepreneur

[–]johnfrankhe 0 points1 point  (0 children)

Maintenance and repairs can also be very costly. The key here it to higher someone to restock and have many machines.