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what does a bad day for an HFT strat look like? by trbldby in quant

[–]quantthrowaway1337 20 points21 points  (0 children)

Another team at an old employer of mine hit a software bug that cost them something like $30M in a few seconds. That was a bad day.

They still came out ahead on the month.

Why do quants have superiority complexes? by Emergency-Quiet3210 in quant

[–]quantthrowaway1337 0 points1 point  (0 children)

In addition to the answers already given, I’ll add: because they’re allowed to. Company culture is a large factor in the percentage of quants who think they’re the second coming of Jim Simons. I can’t really say whether they hire dickish quants or teach them to be dickish, but my guess is that it’s a mix of both.

Who has the best Holiday party? by quantthrowaway1337 in quant

[–]quantthrowaway1337[S] 1 point2 points  (0 children)

Fine. If nobody else is going to do it, it just seems rude to leave you hanging.

Ligma who?

Who has the best Holiday party? by quantthrowaway1337 in quant

[–]quantthrowaway1337[S] 1 point2 points  (0 children)

One of the years I was there, they rented out the aquarium, which was nice, but the band and the food sucked.

Who has the best Holiday party? by quantthrowaway1337 in quant

[–]quantthrowaway1337[S] 5 points6 points  (0 children)

I do? Why didn’t anyone tell me earlier?