Ask HN: Those making over $300k/year, how did you achieve it? • Hacker News Board

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#301

Post by zimpenfish » Mon, Apr 16, 2018, 9:21 AM UTC

godelmachine wrote: post #298

zimpenfish wrote: post #175

Earlier quoted context omitted.

You can easily make £400+ a day with tech contracting in London, yep. I've been doing it for years and I'm defiantly middle of the road. If you're a niche expert (MUMPS, KDB, etc.), you can probably make double that.

May I ask what's MUMPS , KDB?

MUMPS is a bonkers database language popular with healthcare and banks.

https://en.wikipedia.org/wiki/MUMPS

KDB is another bonkers database language popular with banks and high-frequency traders.

https://en.wikipedia.org/wiki/Kdb%2B

(There is a common theme here!)

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#302

Post by tennis7331 » Tue, Apr 17, 2018, 12:21 AM UTC

throw20180411 wrote: post #269

> What do you do? Quantitative strategy research and trading. I own all aspects of my strategies' research and development, and also fill in as architect for some components that are owned by other teams. > What is your job title? Analyst. > What is your total comp? $1.5mm ($200k base) cash. Last three years have ranged from $1.25-2.5mm. > Who do you work for? A hedge fund. > Where do you live? NYC tri-state area. I…

How would you classify your firm? Hedge fund or prop shop? Size and AUM? What percentile would you say your compensation is compared to your peers?

Re: Ask HN: Those making over $300k/year, how did you achieve it?

#303

Post by julnepht » Sat, Apr 21, 2018, 1:22 PM UTC

fjsolwmv wrote: post #18

> Associate; a generic corporate title in banking To be highly paid, get a job at a company run by (former) software engineers who see software as the profit engine of their company. Not a bank that sees software as an IT cost center. In general, you make the most money at a company where the founder or senior management have the same background as you and are biased to think your job role is the most important one i…

Wish I could upvote this comment more than once, this was the key takeaway after working in a business where software was a cost center 10+ years ago. I have always made this a rule for all my following jobs.