On Becoming a Quant
markjoshi.com
On Becoming a Quant
1–10 of 18 posts
Re: On Becoming a Quant
#2Non-broken link: http://www.markjoshi.com/downloads/advice.pdf
Re: On Becoming a Quant
#3It's pretty accurate, although it doesn't mention that many quant jobs can actually cover several of the quant roles he mentions.
(I'm not a quant, but I work with quants and friends in the field)
Re: On Becoming a Quant
#4Dated May 20, 2008.
"Investment Banks, e.g. Goldman Sachs, Lehman Brothers."
Re: On Becoming a Quant
#5Non-broken link: http://www.markjoshi.com/downloads/advice.pdf
Oops. I totally meant to put "(PDF)" in the title rather than the URL. Thanks.
Re: On Becoming a Quant
#6There is another route to become a Quant, similar to become a start-up founder in software/internet industry. You can just learn to trade by yourself with some simple trading strategy. One popular strategy is "High Frequency" automatic or semi-automatic trading. A friend of mine has achieved such a good result which allows him quit his day job. I'm not saying this route is for everyone or easier than learning at hedge funds or investment banks though.
Re: On Becoming a Quant
#7As a market geek (did I make that up?) this would be my dream job (if i have to be employed by someone else) but I wonder how many quant jobs are outside of NY? Live in Boston at the moment.
Re: On Becoming a Quant
#8As a market geek (did I make that up?) this would be my dream job (if i have to be employed by someone else) but I wonder how many quant jobs are outside of NY? Live in Boston at the moment.
There are a ton in Boston as well as Chicago. MIT even has a center dedicated to it: http://lfe.mit.edu/
Re: On Becoming a Quant
#9There is another route to become a Quant, similar to become a start-up founder in software/internet industry. You can just learn to trade by yourself with some simple trading strategy. One popular strategy is "High Frequency" automatic or semi-automatic trading. A friend of mine has achieved such a good result which allows him quit his day job. I'm not saying this route is for everyone or easier than learning at hedg…
The high frequency trading is a term used to denote automated trading in intervals of tenths to hundredths of second, in volumes of even hundreds to millions $ in one transaction, so that is not something an individual would do. Automated trading by itself is of course feasible for almost anyone determined enough.
Re: On Becoming a Quant
#10As a market geek (did I make that up?) this would be my dream job (if i have to be employed by someone else) but I wonder how many quant jobs are outside of NY? Live in Boston at the moment.
Chicago is another place for quantitative trading.