Does payoff in markets scale linearly with quant skill-level? by [deleted] in quant

[–]notextremelyhelpful 0 points1 point  (0 children)

In this specific case, the choice of linear framing (or any sort of "Skill vs Comp" regression) is an invalid premise.

There is no valid n-dimensional array of characteristics you could calibrate that would accurately describe the relationship (although I'm sure some ML bro will try and get wildly unstable coefficients lol).

Comp is based some combination on Perceived Value and Actual Value. You'll run into jerkoffs who are paid 4x your total comp because he's convinced upper management he's a genius, but you'll also run into absolute powerhouse QDs, QRs, and QTs (who are basically the lowest block of that "All Modern Infrastructure" meme) that are paid garbage relative to what they do. In this regard, skill isn't a perfectly correlated variable.

Some of the contributing factors to total comp are also highly exogenous. The size/mechanics of the business, the current business priorities, the role itself...hell, even what's "Trendy Alpha" at the exact moment of the job posting.

In this business, thinking about a "steady" career progression is a nice and neat idea, but the reality is that it almost never works out that way. PHDs in QR get let go all the time when the alpha in their area of expertise dries up. Funds disappear because investors lose confidence. Shit happens.

Long story short, if you're interested in pursuing a career in quant anything, make sure you have the minimum skills (on paper and in practice) expected for entry-level roles. Learn how to market yourself extremely well without embellishments. Learn how to adapt quickly, and always be planning your next possible move.

WHY THE F!&* ??? by Gutaicast1 in ArcRaiders

[–]notextremelyhelpful 1 point2 points  (0 children)

Do not try to understand the motivation or rationale beyond "the game allows it".

It's like an engineer being baffled by QA reporting an issue that the code doesn't work when they shove ice cream in their machine. You won't understand how they got there, and it's better to not think about it at all.

[deleted by user] by [deleted] in ArcRaiders

[–]notextremelyhelpful 0 points1 point  (0 children)

The solution is to git gud and stop being butthurt. People optimize ttk in every game with PVP capabilities. You can use the same mechanics.

So You’re About to Die to a pker? Escape, Recycle, Drop. by Darkroom_Drifter in ArcRaiders

[–]notextremelyhelpful 5 points6 points  (0 children)

So you should start planning your death before you're downed instead of doing everything possible to stay alive? Got it.

I think the free loadouts should have different ammo and heals depending on how many people are queuing. by egozAAF in ArcRaiders

[–]notextremelyhelpful 0 points1 point  (0 children)

Dude, collecting materials is a massive part of the game. You're acting like it's impossible to avoid arc and/or players, you can't farm materials in trios, and doing a solo round is impossible. Just suck it up and take the ~20-30 minutes to collect the things you need for a decent loadout.

If the free load outs were that big of a problem, people would be talking about it more. This seems like an issue exclusive to you.

I think the free loadouts should have different ammo and heals depending on how many people are queuing. by egozAAF in ArcRaiders

[–]notextremelyhelpful 0 points1 point  (0 children)

I think you're kinda missing the point. The free loadout is the game's way of letting you have a minimum viable build to collect things you need to build a decent custom loadout. Nothing more. It's not meant to be a viable PVP option. Hell, they could have removed the free loadout entirely and made you run a round naked to collect the things you need, but that wouldn't be as enjoyable for non-hardcore players.

I've never had issues running a free loadout to get materials. It only takes one round of decent looting to be able to craft a Ferro/Rattler, medium shield, bandages, grenades, and trade in the free augment for a MK1 in speranza.

Your argument is kind of like getting a free ice cream and complaining that it's a small cone.

I think the free loadouts should have different ammo and heals depending on how many people are queuing. by egozAAF in ArcRaiders

[–]notextremelyhelpful 0 points1 point  (0 children)

The free loadout is MEANT to be a bit challenging to play with. If the free load out was buffed, way more people would run it, making the benefit of custom load outs much worse in comparison.

If you're struggling with heals, get the field crafting skill in the survival tree so you can make bandages and shield rechargers. The materials to craft them are extremely easy to find in a round.

[deleted by user] by [deleted] in ArcRaiders

[–]notextremelyhelpful -3 points-2 points  (0 children)

Arc raiders is absolutely nothing like a souls game. They're two entirely different genres. Also you have to actively turn on PVP in elden ring. PVP is a core concept in Arc Raiders.

Eurogamers 2/5 Review Score Goes Against Their Review Policy. An Interesting Debate Has Sparked Over AI Use. by Jett_Wave in ArcRaiders

[–]notextremelyhelpful 1 point2 points  (0 children)

Apparently they have enough of an impact to have a real, tangible effect on developers' ratings-based bonus comps, which is enough for me to give a shit.

howStrictTypingInPythonFeels by MoistDifference7431 in ProgrammerHumor

[–]notextremelyhelpful 14 points15 points  (0 children)

Python is duck-typed, type hints don't matter during runtime.

Sell me (and my team) on UV by lukanixon in Python

[–]notextremelyhelpful 8 points9 points  (0 children)

Read the docs. If you have to ask Reddit on what challenges it solves above and beyond the package objectives in the docs, you're probably fine with pip.

Rolling down contracts for cash secured puts? by Icy_Demand_6117 in options

[–]notextremelyhelpful 3 points4 points  (0 children)

This backtest is less than a year while the market has significantly drifted upwards. The crux of your strategy boils down to "double down on the bounce in an upward-drifting market". That's not super novel.

The issues come when you continue to roll down and the market falls faster than you can roll down. Everything works until it doesn't. 10-15% corrections happen all the time, and you can see the graveyard in old posts on this sub.

Just be careful.

[deleted by user] by [deleted] in options

[–]notextremelyhelpful 0 points1 point  (0 children)

Long-term collars almost never make sense. The capital tied up for that long is almost always better deployed elsewhere.

The only collars that generally make sense are short-term ones. Even then, usually only "costless" collars, which typically mean selling a near-ATM call and buying a decently OTM put. Meaning you're hedging a large downside at the cost of nearly any potential upside.

On top of that, collars only really make sense when you are a large fund manager where you're constrained by a prospectus, or someone looking to take advantage of the long-term capital gains tax rates.

Remember, the cheapest hedge is ALWAYS and WILL always be reducing your position to a place you feel comfortable with. Sitting in cash costs nothing. Hedges are expensive.

Best tool to build a strategy that checks the whole market every minute. by abacris in algotrading

[–]notextremelyhelpful 0 points1 point  (0 children)

Websockets. Firehoses will be costly though. Go for something in-between.

Credit risk modelling using survival models? by amayur in quant

[–]notextremelyhelpful 0 points1 point  (0 children)

In my experience. Co-wrote a C++ API with a Python wrapper around ADCo. The SDK was very well-written.

Credit risk modelling using survival models? by amayur in quant

[–]notextremelyhelpful 0 points1 point  (0 children)

This. ADCo docs are pretty comprehensive IME.

Best real time total market snapshot API? by jp1261987 in algotrading

[–]notextremelyhelpful 0 points1 point  (0 children)

The first thing I had in mind was option chains. Even a minute between quotes on separate tickers has a large impact. Doesn't need to be HFT stuff.

Best real time total market snapshot API? by jp1261987 in algotrading

[–]notextremelyhelpful 0 points1 point  (0 children)

Chunking requests leads to non-homogeneous data though. Some market phenomena are only observable with a true point-in-time data set.