41–50 of 57 posts
> recent graduates working at hedge funds made significantly more than their peers working at banks This has always been true, for the entirety of my career. Buy side pays more than sell side for alpha-generating activities. (Sell side pays more for flow and scaling advantages.) This article strikes me as a submarine [1] for Baruch’s program. [1] http://paulgraham.com/submarine.html
> recent graduates working at hedge funds made significantly more than their peers working at banks This has always been true, for the entirety of my career. Buy side pays more than sell side for alpha-generating activities. (Sell side pays more for flow and scaling advantages.) This article strikes me as a submarine [1] for Baruch’s program. [1] http://paulgraham.com/submarine.html
seriously, no disrespect to Baruch, but if Baruch grads are making up to $1MM, are MIT grades making $5MM?
Quant here. I used to be a seismologist but switched to finance one year ago. This year I earned well below 100k€.
Earlier quoted context omitted.
Furthermore, what is a good way to become a quant?
The type of quants talked about in this article probably has a PhD in math, stats, CS (with a focus on machine learning), or something similar.
Earlier quoted context omitted.
The type of quants talked about in this article probably has a PhD in math, stats, CS (with a focus on machine learning), or something similar.
and especially physics , since financial modeling is based on physical modeling.
Earlier quoted context omitted.
Out of curiosity how did you switch to being a quant?
Because the west is collapsing as rentier work dominates over true wealth creation!