What is Veeky Forums opinion on quants?
What is Veeky Forums opinion on quants?
Why would someone with the requisite skills to get a quant job cuck themselves to a big bank? Just start your own business, use your own funds from working a job that won't destroy your social life (and one where you'll be marginally respected) as seed capital.
A few years should be fine tho, to get some experience
Except they're already wanting you to have the knowledge that you need. What experience are you expecting to gain?
Dealing with clients and creating contacts, I think that'd be the main experience (if not the only one)
>Dealing with clients and creating contacts
You're a quant, you aren't doing that. Traders deal with clients. As a quant you'll be expected to inform traders on the price of an asset or something like that.
Quant jobs are a scam. Become a trader with quant skills. As a pure quant you are basically Chad's number bitch while he makes millions and fucks bitches.
I know for a fact that they make ridiculous amounts of money, see renaissance for example. But I suppose most techniques are extremely secret, which makes me question the percentage of automated traders who actually make money, and not just that but who also outperform the s&p500.
I would assume that most of them do not outperform traditional investments and are basically a fraud job at worst, glorified number crunchers for banks at best
only good thing about 911 was finance sellouts jumping to their deaths
...