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Finding Signal in the Noise: Machine Learning and the Markets (Jane Street)

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Re: Finding Signal in the Noise: Machine Learning and the Markets (Jane Street)

#3
> In Young Cho thought she was going to be a doctor but fell into a trading internship at Jane Street

Genuinely perplexing how they always try to show each multi-million earning engineer as some normal person and not someone that went to Exeter and Harvard

Re: Finding Signal in the Noise: Machine Learning and the Markets (Jane Street)

#6

> In Young Cho thought she was going to be a doctor but fell into a trading internship at Jane Street Genuinely perplexing how they always try to show each multi-million earning engineer as some normal person and not someone that went to Exeter and Harvard

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Re: Finding Signal in the Noise: Machine Learning and the Markets (Jane Street)

#7

> In Young Cho thought she was going to be a doctor but fell into a trading internship at Jane Street Genuinely perplexing how they always try to show each multi-million earning engineer as some normal person and not someone that went to Exeter and Harvard

I don't really see a lot of elitism in these circles - there's a chunk of such engineers that did not in fact go to Exeter and Harvard - but what they have in common is they are all to a fault very bright technical people that can produce complicated things quite quickly, and can communicate effectively with people around them - to make sure that what they produce is in fact useful :)

Re: Finding Signal in the Noise: Machine Learning and the Markets (Jane Street)

#9

I will eternally find it sad how much talent is wasted on trading. So much money, so much intelligence, so much time and effort, all the provide almost no tangible value to society.

I take the silver lining. Smart people getting rich is better than dumb people getting rich. Hopefully some day they'll do something good with that money.

Re: Finding Signal in the Noise: Machine Learning and the Markets (Jane Street)

#10

I will eternally find it sad how much talent is wasted on trading. So much money, so much intelligence, so much time and effort, all the provide almost no tangible value to society.

I agree, how dull and uninspired. I'm very much with Paul Graham, who believes in the creation of wealth (as opposed to the extraction of money).
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