first 
#quants-n-traders
rose holly
long raft
Third
grave horizon
nobody cares
frank rampart
woah
rose holly
yo
long adder
grave horizon
go outside get a life
hasty hill
I would give mage special rights in this channel
But idk for what
And he is a buster
Would never do anything
long adder
@hasty hill 
hasty hill
Someone try deleting their own msg
I think that permission does not exist
Yeah it’s impossible
Anyone can delete their own messages
In all servers
static tide
I'm joining rentech as janitor
hasty hill
@stark crow feel free to add docs n resources for pin
faint moon
A collection of resources from the ancient quant server. It has a variety of topics ranging from interview prep to career prospects, relevant papers and putnam contest prep. Mostly for QR/QT.
https://drive.google.com/drive/folders/17DR2ZuM8MN8wz5je4n6JHFRsa05s40Yq
steel heron
i assumed this chNnel was for trading and researchers
rose holly
swe, just do lc, and study system design
os and networking for optiver and hrt
no probability
maybe for shit places like akuna
oh yea its just rng at that point
hrt def asks os
and optiver def asks networking
those are probably guaranteed, hrt os for c++ i think
steel heron
doomer
finite mirage
What’s aloha
steel heron
nah hes trollign but hes a freshman with stripe
worthy vale
!unsubscribe
jovial thorn
@robust totem agrees
runic bough
hmmm
granite saffron
is there a link for the server 🤔
hasty hill
3sigmaRings Trading at Shonen Jump Street
hasty hill
3sigmaRings Trading at Shonen Jump Street
Add an EDIT: good for trading maybe not swe
hasty hill
A collection of resources from the ancient quant server. It has a variety of top...
Pinned it but idk what it is, add an EDIT summarizing pls
glass dragon
@dire sparrow
hasty hill
tough elm
damn i thought i was good at mental math but i'm ass + rusty
wild belfry
if you get quant take a shower
cyan sparrow
If I want to jump to quant is it worth it to switch to c++
I'm python/ml stuff rn for context
stark crow
If I want to jump to quant is it worth it to switch to c++
opens up a couple more doors I guess
like jump is c++ primarily so is hrt but once you're ft you can do hrt algo eng etc and it's not as competitive as getting in with python instead of c++ rn
js and cit for example don't care
violet glen
like jump is c++ primarily so is hrt but once you're ft you can do hrt algo eng ...
not as competitive? why though
rapid cargo
first
devout spruce
like jump is c++ primarily so is hrt but once you're ft you can do hrt algo eng ...
is c++ objectively the best language for algo trading or is there anything that's better / competitive with it
like ik js uses ocaml
shy mirage
@lyric loom how did you get offers from Jane Street, HRT, Citadel, Toe lands, YRT, and 3sigmaRings Trading at Shonen Jump Street
visual marten
How is the IMC phone interview with a quant trader
autumn badger
is c++ objectively the best language for algo trading or is there anything that'...
Rust
stark crow
is c++ objectively the best language for algo trading or is there anything that'...
They don’t use c++ for trading
They use it for the underlying trading systems
stark crow
not as competitive? why though
There’s more Python users for fewer positions at the internship level
devout spruce
They don’t use c++ for trading
I have an idea for an algo trading project kinda wna just c if it would acc work by paper trading with it which language should i use so that it would be more meaningful on my resume for quant research / trading jobs
stark crow
None of the QR/QT people I know had trading projects on their resume lol
hallow shoal
There’s more Python users for fewer positions at the internship level
this is 100% true. If I had used C++ for HRT final. Would've passed
but their python bar is like 1000% harder
stark crow
It won’t help nearly as much as having a FAANG on your resume
hallow shoal
It won’t help nearly as much as having a FAANG on your resume
TBH even faang on your resume won't do much at JS if your work at faang isn't like C++
I did reactJS lol got resume rejected
obtuse flame
TBH even faang on your resume won't do much at JS if your work at faang isn't li...
Definitely don’t need C++ work
devout spruce
It won’t help nearly as much as having a FAANG on your resume
ai so projects arent really meaningful for QR/QT? wb for algo dev / swe at @ trading companies
obtuse flame
But backend type work helps more I imagine
hallow shoal
for JS specifically maybe
stark crow
JS is a bit of an oddball lol, you don’t need C++ work but their bar’s def higher than others
stark crow
ai so projects arent really meaningful for QR/QT? wb for algo dev / swe at @ tra...
Same thing applies and also making a kernel or something will be more impressive to them than your baby trading algo
obtuse flame
ai so projects arent really meaningful for QR/QT? wb for algo dev / swe at @ tra...
QT is you pass OA you get interview
There’s no common profile for a QT
stark crow
Just go as a new grad or experienced hire 
obtuse flame
Just show you’re smart through SWE work 
hallow shoal
idk man
my interview
was like 1 hour of networking concurrency, and OOD
to get the offer
stark crow
They tend to convert most of their interns but it’s not like they only hire thru intern -> ng
hallow shoal
and I legit had to self study all of bit for byte networking to do well
stark crow
Just do well on the interviews
hallow shoal
depends on how much experience you have for lots of topics
HFT love asking about true cs fundementals
tbh for my interviews for HFT not a single leetcode question
bit for byte
coursera
obtuse flame
Yeah if u have good classes and paid attention in them, you don’t need to study lol
hallow shoal
studied the entire 7 week course in 8 hours 2 days before the interviews
stark crow
Your university systems and networking courses
hallow shoal
very helpful
hallow shoal
Your university systems and networking courses <:dogesmile:922937091195797514>
my university networking course hot dodo legit online courses better lmao
I feel like the hardest part of getting these internships is just how much knowledge you need and when you need it. Beginning of junior year, you need to have good knowledge on leetcode, OOD, datastructures, Concurrency, Networks, interview skills.
Hard to come by in time if you don't know you need these things
frank rampart
I feel like the hardest part of getting these internships is just how much knowl...
Quant achieved what is the timeline like for offers, did u get a phone call very soon after final round?
stark crow
I didn’t (and am not) try (trying) in those classes
You can self-learn a lot of this
And the concurrency qs are generally p basic
But depending on the position you might get language trivia and that’s way more rough
rose holly
what is basic
mutex spinning lock semaphore?
what is complex
message passing, signal stuff?
hallow shoal
Quant achieved what is the timeline like for offers, did u get a phone call very...
yeh got call after 3 hours. Prob cause i had deadline 3 days after final
OS
frank rampart
yeh got call after 3 hours. Prob cause i had deadline 3 days after final
nice nice gj
rose holly
yeh got call after 3 hours. Prob cause i had deadline 3 days after final
what firm if you dont mind
optiver?
nice congrats
hallow shoal
ty
you will die like no joke. If you don't know 3410 don't bother taking OS
I'm taking OS this sem, but I self studied all of OS over the summer
yeh thats our textbook that we use
stark crow
message passing, signal stuff?
That’s still p basic
Like deadlock avoidance and detection etc concurrency in file systems
rose holly
Like deadlock avoidance and detection etc concurrency in file systems
how complex with deadlock avoidance does it get?
there are a few strategies right
like just warning the user or quitting the program or something like that?
or do you mean the actual OS building out the resource allocation graph
stark crow
how complex with deadlock avoidance does it get?
You’re not gonna get asked this in interviews but there’s a whole field of study for deadlock prevention algorithms
There’s the resource allocation graph but it’s more complex when it’s distributed systems
Then stuff like phantom deadlocks and edge chasing comes in
Uhhh prolly not that stuff’s more distributed systems than os
OS will prolly stop at resource allocation graphs
faint moon
ostep
steel heron
ostep
proud furnace
How to become quant
rose holly
yes
limpid nacelle
@stark crow who created this channel?
limpid nacelle
@rose holly when do you start?
hasty hill
<@426054830562213889> who created this channel?
I did
I saw a lot of people talking quant so i made it
- i want to farm ideas so in 5 years when i hate my career i can go to quant and at least make $
limpid nacelle
+ i want to farm ideas so in 5 years when i hate my career i can go to quant and...
Maybe some shops will switch to rust 
hasty hill
Maybe some shops will switch to rust <:copium:888129413890326608>
Highkey they wont
But lowkey they value rust experience
(can confirm that last one dont' ask me how)
limpid nacelle
That rust metaprogramming is good ejougb to replace C++
Switching a whole codebase to rust and tech lead mfs with 20+ yoe in c++ not gonna be ez
limpid nacelle
(can confirm that last one dont' ask me how)
It makes sense
steel heron
Lol
Butmost people in the firms are young
not just c++ greybeards
technical debt is not an option for trading
limpid nacelle
What is the most used language in cp?
limpid nacelle
Why switch if it works fine rn?
hasty hill
bro they not gonna switch lol, this is not an area where i think u just wanna experiment new stuff willy nilly
i am not knowledgeable enough but i'm sure for the use case cpp is still the best
limpid nacelle
By switching to another language and learn it, you lose market opportunities and increase your time to market
rose holly
+ i want to farm ideas so in 5 years when i hate my career i can go to quant and...
go now
idk if its harder for devs to transition later on compared to early
but it is harder for traders if youre interestd in that
researchers dont care
hasty hill
go now
won't try till i have 1 or 2yoe tbh
not ready for that level of interview
and i want to learn here
rose holly
oh are you NG rn?
hasty hill
yes haha
hasty hill
because i talk big
rose holly
ig it seemed like u were at meta for a while
hasty hill
when i'm a little man
limpid nacelle
who knows what things will look like in a decade though
I can maybe imagine an algo trading firm only using rust if it is a newly created one tho
steel heron
I can maybe imagine an algo trading firm only using rust if it is a newly create...
Yeah
Is it not reasonable to think there would be new players in a decade
Ik its sort of winner take all but
With time people come up with new ideas
People will leave old employer to make new company
steel heron
I was saying i think its reasonable
To think that the landscape will be different
Is it not reasonable to expect that new companies will be on the scene in a decade
rhetorical question
No
Are you
It is reasonable to expect that the landscape of this indsutry will be a lot different in 10 years
Thats wha tim saying
No
Im saying there will be
I think we agree
Yes
“is it not” is like saying “dont you agree that there would be new players”
Ok
Same
i feel confident that what i said is relatively coherent
Lol
“Are you not entertained”
Like
It means i think this is entertaining
Damn
C++ is such a journey to learn
I dont think i will ever feel like a master of it but i can tru to learn as much as possible
Lol
Yeah its cool
Im not at the point where i feel like im working with it tho
i feel like im working against it
limpid nacelle
templates
limpid nacelle
i feel confident that what i said is relatively coherent
Mb, just did a nap. I misread in "it is". Very sorry man. I wasn't expecting a question.
steel heron
Mb, just did a nap. I misread in "it is". Very sorry man. I wasn't expecting a q...
Nw i dont know what im takking about 90% of the time anyway
stark crow
<@426054830562213889> who created this channel?
kirb
bog’s back 
how’s it going mr bog
limpid nacelle
how’s it going mr bog
Excellent, tho it's seems I'm trolling with English comprehension
Maybe it's just because it's 2:30am too 
I visited eth z today
The uni buildings and views are amazing
You can see my G building
cyan sparrow
Wow Mr @limpid nacelle
rose holly
@hasty hill
Archelon Group
Assent
Avatar Trading
BOSS Trading
Belvedere Trading
Blue Capital Group
Bright Trading
Capstone
Cheiron Trading
Chicago Trading Company
Cy Group Trading
DRW Trading Group
Dimension Brokerage
EchoTrade
Eldorado Trading
Fusionary Trading
Futex Trading
Gelber Group, LLC
Genesis Securities
Geneva Trading
Goldenberg, Hehmeyer & Co.
Group One Trading
Hold Brothers
IMC Financial Markets
Infinium Capital Management
International Trading Group
Jump Trading
Kershner Trading Group
Kingstree Trading
Last Atlantis Capital
Marquette Partners
Optiver
PEAK6 Trading
Prestige Capital
Refco Trading Services
Ronin Capital
Schonfeld Group
Simplex Investments
Spot Trading
Swifttrade
The Archelon Group
Tibra Capital
Title Trading
Trade Vision Capital
Transact Futures
Transmarket Group
Vankar Trading
Wasserman Capital
Wolverine Trading
Zmarc Partners```
small owl
here's a list in a git repo
hasty hill
rose holly
You forgot capital one
broken thorn
thanks bich! if i may ask follow up questions
are all of these worth applying to or are some worse pay than faang
and also, do u know of any that dont care bout school and gpa (3.5 and above is fine tho), because i would like to aim my sights at those
i would be extremely grateful if you put the time in for that
thanks a ton for this
broken thorn
thanks bich! if i may ask follow up questions
@rose holly any clue?
rose holly
<@456226577798135808> any clue?
a lot are worth applying to if u wanna get into quant
check pay on levels for interns
broken thorn
check pay on levels for interns
most are not on levels
rose holly
well then idk about pay
keen grove
Why do we have a quant specific channel?
long raft
```Advantage Futures
Archelon Group
Assent
Avatar Trading
BOSS Trading
Belvedere...
I think this list is outdated. Few company’s do not exist anymore? Spot trading went down 2018 if I am not mistaken 🤔
broken thorn
I think this list is outdated. Few company’s do not exist anymore? Spot trading ...
how can u be this much of a nerd yet no offers
long raft
how can u be this much of a nerd yet no offers
I regularly bomb OAs. And non US also 😦
broken thorn
i dont see myself as beign toxic
steel heron
i think he was joking, like i dont think he has never spoken to that guy before
broken thorn
oh i totally was the first time i think. i was just saying "how can u be this knowledgeable without having an offer yet"
steel heron
yea unfortunatly its easy to misinterpret text
hasty hill
Mods will try to keep it non toxic. If it gets bad we just slo mo
But the demand for the channel is pretty big
People want $$$ lol
This is a trial
gilded hedge
royal forge
are all of these worth applying to or are some worse pay than faang
im doing a lower tier one on this list and its still well above faang
royal forge
belvedere, and its next summer
will lyk after though
i'm also really curious what it's gonna be like
royal forge
cool name = cool company
yea the name is clean
pick random word and add trading 😎
very doable, at least for the lower tier ones
same
broken thorn
belvedere is cool
so true bestie
velvet roost
got a really good opening at a semi-stealth crypto company, leadership is extremely goated (all ex-quant leadership), and they are hiring through simplify. dm me if interested in applying
^internship and new grad roles avail
obtuse flame
Someone reneged JS for Radix, or maybe they didn’t actually sign JS
Yeah but ig it depends on the scenario
Just saying if renege is the only choice it’s still an option
Akuna vs JS is a no brainier tho
brisk stream
wat did u hear
fast mountain
Why tho
In fact most shops are small, chances are you'll never come back to them
For new grads?
I doubt anyone other than the recruiter would care tbh
I'm just playing the devil's advocate here btw
But new grad hiring is weird
You're made to sign rn
Even tho you'll start in like June next year
Yeah sure
But it's still a bit unfair for us I guess?
P sure new grads renege a lot more than regular offers because of this
The variance in quant is ridiculous
Akuna's standard offer is like 250
Cit is 420
Like
It would take someone years at Akuna to get to cits TC
Most quant shops don't agree
I've tried the nace angle, believe me
Cit even offers 50k if you sign in 2 weeks
So
steel heron
Lol
fast mountain
Yeah
Most schools have NACE-advocated guidelines for companies that make offers to their students
And potential repurcussions if companies don't follow it
It's usually early Nov
stark crow
Yeah
Most schools have NACE-advocated guidelines for companies that make offers ...
mr bob spreading his knowledge here too
celest anvil
Can u elaborate more on this?? Aside from cit and js and possibly jump i dont think any other shops offer off season internships, and no shops will offer u ft position in lieu of internship
Did u mean instead of accepting the internship offer, u can ask them to accelerate u as far as possible in the ft interview loop?
rose holly
Cit is 420
higher with ro
nova dust
How should one prepare?
next girder
Ive heard the internships are tough (at least at hrt) you compete against other interns for an offer.
nova dust
How to prepare for quant trader role
keen grove
Trade your personal savings in the stock market
Has anyone here done the BlackEdge phone Interview
broken thorn
what is h p m?
keen grove
Harvard Princeton MIT I think
broken thorn
oh yeah, like 2 humanities schools would be given the time of day
broken thorn
higher with ro <:thanospog:766459435441848363>
baller might be speaking from experience
fast gazelle
citadel doesn't really care about school i think
hallow shoal
I have my final for cit. Its just people from our school can't get into cit 
rose holly
baller might be speaking from experience <:thanospog:766459435441848363>
nah i just know someone who said so
broken thorn
nah i just know someone who said so
one day u will speak from experience!!
next girder
oh yeah, like 2 humanities schools would be given the time of day
What?
rose holly
Does anyone know if HRT asks OS/C++ questions for Algo Engineer?
nova dust
Trade your personal savings in the stock market
How is it connect to interviews
rose holly
Nice thanks, did you already have the first phone interview?
cool, gl with the rest of the process
long raft
citadel doesn't really care about school i think
I have seen someone from my uni at a quite prestigious position at cit… my uni is barely top 200 😂
So if you are really good you can achieve everything.
Work hard and with a bit of luck we will all achieve our goals!
#positive vibes 😂
rose holly
luck is where preparation meets opportunity
and opportunity doesnt always exist
nor do people always prepare
fast gazelle
no
rose holly
I have seen someone from my uni at a quite prestigious position at cit… my uni i...
ong
rose holly
luck is where preparation meets opportunity
ong
rose holly
What is
bruh you gotta know what role u applied to lmaoo
if i recall it’s probably quant dev or data tooling
steel heron
i only applied to SWE and i bombed the oa
then i applied to trading
i did the math test on friday
steel heron
💀
rose holly
there’s 4-5 roles that can qualify for swe at akuna lol
rose holly
I see
steel heron
so it must be a 2nd oa for trading?
rose holly
ig
steel heron
Thank you so much for your interest in Akuna and for taking the time to complete our testing round. Unfortunately, we have decided not to proceed with your candidacy for the Development Internship - C++, Summer 2023 role at Akuna Capital.
steel heron
Trading doesn’t ask lc 💀
dont a lot of companies expect you to know how to code
rose holly
lol wtf is this
steel heron
rose holly
wasn’t there 2 months ago
ig i’m wrong abt akuna then - akuna def in the very very minority here
steel heron
probably still doesnt mean i passed the first OA let alone the future resume screen
fast gazelle
if i recall it’s probably quant dev or data tooling
def not data tooling
my data tooling hackerrank email had data tooling in the subject line
rose holly
ah ok so quant dev then
naive dune
steel heron
yea
im saying they prob send the hackerrank after the math one regardless of score
and only evaluate the scores and your resume after both
💀
did u get screend
Damn
steel heron
imc moment
steel heron
how is it 50 bro
how are all expected values equal
drawing later the distribution might be different than earlier
floral locust
This is correct
broken thorn
drawing later the distribution might be different than earlier
ii was confused too but the explanation has you visualize it as 100 balls next to each other
steel heron
ii was confused too but the explanation has you visualize it as 100 balls next t...
wdym
in a line?
broken thorn
yeah
line the balls up one by one
its gonna be the same regardless on average
or just think of the balls in a circle, adn u could start the circle whenever
what webstie @steel heron
steel heron
broken thorn
i got part b
i love that one
still working on c
oh god i saw c answer, no shot i get that ever
same for A, but i knew that one from before
broken thorn
https://brainstellar.com/
does anyoen know how i can formally learn these things? just winging it is not going to take me very far
broken thorn
put them in a circle
start counting from anywhere
i think this "it averages out to the naive case" works for anything where you select every ball
like imagine
u have 13 aces in a deck, what are the odds u draw an ace?
1/4
even if u might have different probability at the 10th card if u draw 5 aces, the average still ends up at 1/4
steel heron
the naive case would then be 49
floral locust
u have 13 aces in a deck, what are the odds u draw an ace?
On the first draw?
steel heron
right
if everything balanced out nicely, then naively theres a 50% chance that the next ball will be different from the previous ball
and there are 99 opportunities for the color to be different
ebon dune
anyone know long does it take to hear back from citadel after final for intern ☠️ (from experience)
rose holly
anyone know long does it take to hear back from citadel after final for intern ☠...
final on-site or final leadership
on-site, depends if you have deadline
Leadership, idk maybe a week
ebon dune
on-site, depends if you have deadline
final on-site
If they haven't gotten back and its super close to deadlines It's safe to say its a R?
tough
rose holly
idk
velvet roost
anyone ex-quant swe looking for something new and lots of $$$ in a similar space? hmu
broken thorn
paid in bitcoin calls
velvet roost
lol
rose holly
anyone ex-quant swe looking for something new and lots of $$$ in a similar space...
similar space?
velvet roost
similar space?
yes, its a lateral space, same stack, different purpose and markets
rose holly
interesting
modest kayak
anyone know anything about chicago trading company?
rose holly
anyone know anything about chicago trading company?
yes that it’s good
some people said comp has increased a lot recently
modest kayak
like what range? is ctc like sig?
rose holly
just trying to get an idea, not really a quant-type tbh
yeah i’ve heard trading comp has gone pretty high
idk about swe
prolly a bit lower
modest kayak
yeah makes sense
rose holly
Maybe comparable to sig if not more? don’t trust me on this 100%, someone told me they increased a lot tho
didn’t ask exact number
modest kayak
thanks, appreciate the help
long raft
It could be actually any number since with polynomial interpolation you can create any function you want. That is at x=1 y=1, x=2 y= 11 and so on.
Ps: if you want an answer that will be more often accepted by the community you can always look it up here: https://oeis.org
floral locust
Comp Akuna > ctc lol
tulip sapphire
someone told me they increased a lot tho
Everyone this yr tbh lol
long raft
> someone told me they increased a lot tho
Everyone this yr tbh lol
Quant/finance pay inflation is real 😱😱😱
rose holly
@modest kayak one person with contacts at ctc said traders make 600 within 2-3 yoe at ctc
royal forge
is the qts server for traders only or SWEs
hallow shoal
both I think
royal forge
both I think
can you send link
royal forge
oh I'm not in it
but ur quant achieved 👁️
broken thorn
but ur quant achieved 👁️
thats exactly why he doesnt need to be in it
royal forge
link? 
broken thorn
i will be honest, once i have a finance job i wouldnt want to be in a server like that anymore
in fact once i get big tech this servers not very useful either
cuz i see these servers as a way foer you to ask people who have "made it" how they did it and see if you can replicate them
if ive already "made it" then idc
i think it does for faang at least
and i dont see why it wouldnt worn for qt either, even without that server ive gotten a ton of good advice for those interviews
course i gotta make my resume good enough to get interviewed too
royal forge
if ive already "made it" then idc
you can always get a better finance job
until you make it to rentech
😈
tranquil nova
anyone had the brainteaser interview for old mission?
rose holly
if ive already "made it" then idc
"making it" is not just about getting the job
i think quant servers provide useful info abt progression and work too
at least before you start
royal forge
anyone had the brainteaser interview for old mission?
is this for intern?
tranquil nova
yeah the new winter jqta thing
broken thorn
@steel heron these are the shittiest rating systems ever
steel heron
<@965494455090163712> these are the shittiest rating systems ever
are u saying its too easy
broken thorn
these two are 1000x easier than find the pattern ones like the look and say
and both are med
if ur familiar with making ev ewuations first is easy, and if u know the trick to number 2 its also easy
(the trick is more like a lc pattern than knowing one problem, applies to a lot)
steel heron
the expected length is 0.25 right
broken thorn
yes
steel heron
symmetry at breaking halfway
broken thorn
i drew a inverted abs(x) triangle in my head
steel heron
<@965494455090163712> these are the shittiest rating systems ever
the first one is like the black and white ball one again
i suck at this
broken thorn
no
steel heron
similarly, its hard for me to understand why expected number of rolls before getting a 6 and then a 6 is MORE than getting a 5 nd then a 6
broken thorn
this ones rly easy u just need practice with ev equations
u can come up with recurrence relationship
broken thorn
similarly, its hard for me to understand why expected number of rolls before get...
source? i dont believe that
steel heron
its because
broken thorn
oh that one makes perfect sense
6 then 5 resets back to square 1 for question 2
but for 3, 6 6 does NOT reset
6 6 still keeps u at 1 valid num
broken thorn
if u get 6,6 prev 2 rolls then probability of 5 is only 1/6
but if u get 6,1 prev 2 rolls on question 2, then ur back to 1/36
rose holly
similarly, its hard for me to understand why expected number of rolls before get...
think in states
didnt we do this q before
broken thorn
mmmmm, steak
broken thorn
didnt we do this q before
maybe he didnt get why the answer is what it is and wants to try asking again
rose holly
no i dont mean it like that lol
steel heron
didnt we do this q before
u showed it as an example
rose holly
i meant, i remember talking abt this befo
steel heron
but i didnt fet it
broken thorn
btw baller do u have any idea where i can rigorously learn how to do these problems? im at the point where i used to be with lc
a bit better prolly cuz i did learn some ev and prob in discrete math
but using intuition only goes so far, i need formal ways to solve these
steel heron
i think the dice book is helpful for me so far but obviously im still dumb
@rose holly
rose holly
btw baller do u have any idea where i can rigorously learn how to do these probl...
blitzstein and huang - this book is a good place to start
reviewing theory and doing problems
broken thorn
blitzstein and huang - this book is a good place to start
thanks! im stupid i forgot green book exists. is it power crept the way ctci is for leetcode, or still holds up?
ill check that too
floral locust
Power crept lmao
rose holly
thanks! im stupid i forgot green book exists. is it power crept the way ctci is ...
nah green book is good , mianly just hte probability chapter tho
hallow shoal
thanks! im stupid i forgot green book exists. is it power crept the way ctci is ...
ctci is not exactly power crept. It just provides a different more fundamental understanding niche that leetcode doesn't exactly do
steel heron
i didnt learn that much from ctci but i only read about 15 pagees
it was a lot of fluff imo
broken thorn
what about non probability questions? there are also other subjects too @rose holly
rose holly
yea i think if you want to maximize short amount of time, probability chapter is best bet
brainteasers is also good i think
broken thorn
ctci is not exactly power crept. It just provides a different more fundamental u...
its power crept by neetcode.io and other resources imo
steel heron
after that it goes into calculus and shit
broken thorn
yea i think if you want to maximize short amount of time, probability chapter is...
i want to maximize long term. not trying to get qt any one year, want to maximize chance that i get in eventually
floral locust
Short term trying to find company specific questions is more efficient than general prep
U need like 1-2 months of general prep and ur prolly good
broken thorn
i also dont think i have any qt roles left, got rejected from akuna qt and optiver qt
floral locust
I can never get past akuna
steel heron
do you know how much on mental math section for akuna you need
floral locust
Idk don’t go to akuna
floral locust
Just try and get as many as u can then, the existence of a target score shouldn’t rly affect your actual score if you’re just trying to maximize score
steel heron
fair
floral locust
Getting zeta mac of 60+ if u wanna comfortably pass
40-50 you’ll prolly pass the majority of the time
Those r my heuristics based on anecdotes
steel heron
im at 40, passed optiver so i think the bottleneck would be way more important things
rose holly
50s is enuf
steel heron
resume, actually relevant knowledge
rose holly
get good at games and bets and stuff like that
floral locust
Most games involve some positive expectancy bets and also some variance associated, your primary goal should be first to maximize your expectancy and then you can ask your interviewer whether you care about reducing var or not
rose holly
u for real?
damn
intern or full time
letechren
damn
whats ur background at a high level like if u dont mind
r u a c++ god
prolly good enough
wdym
its rentec
yeah but still
tqd or nah
if there is one tqd that isnt deleted
ahalr
ye
im lacking
once i close this season out time to grind taht stuff
fast gazelle
can someone dm an invite link to a quant server
broken thorn
do you know how much on mental math section for akuna you need
giga cracked friend (one of the crackedest of all time) says 50ish is all u need. for reference i get 40 something usually and rejected, though might be for my resume. i passed optiver 80 in 8 tho because its mult choice and im a slow typer @steel heron
broken thorn
get good at games and bets and stuff like that
do u think beinf a top 100 smash bros melee player would help pass screen?
steel heron
giga cracked friend (one of the crackedest of all time) says 50ish is all u need...
i got in the 40s as well i believe
long raft
Wait you joking? They are cream de la cream 😱😱😱😱 recruiter even answering your email means the world. Don’t mess this up 🙏🏽🙏🏽🙏🏽🙏🏽
steel heron
oh
zetamac im 41 best ever
usually under that
i was on a roll on the akuna one i think
broken thorn
probably
glassdoor or reddit (i forget) agrees with this @formal isle
read the entirety of effective modern cpp, and also a textbook on cpp 17 and 20
broken thorn
ur ego is not big enough to be a qt if you feel that way
broken thorn
should phrase it in a "i dont habe enough background knowledge to make use of it" or "i havent read it carefully enough"
steel heron
that guy has written hundreds of thousands of lines of code in C and C++ and failed the first out of 15 rounds of rentech inteveiws
broken thorn
15 rounds?
steel heron
wait i have the copypasta
broken thorn
that makes sense
rentech doesnt want to train you
they want you to already be the best
steel heron
He also said that they asked him coding questions and instead of coding the questions or explaining the solution he had to say out loud what his code would be
and they would ppoint out errors in his code as he was talking
broken thorn
fun
Lol
LOL
that sounds like what you do to fuck with your friends who are trying to help someone
broken thorn
i think its to see how well you do with context switches
a tough skill to speak code and rework it to fix corrections while remembering it all
like a insane version of the headphones that play your voice back to u
steel heron
yea i would do horrible
floral locust
They hire ug for swe
rose holly
mostly phds
broken thorn
can you really call someone whos been coding 8 hours a day since age 5 an undergrad
rose holly
radix is like 90+ percent phd
floral locust
They are an undergrad
rose holly
i’m assuming similar with rentech
steel heron
like hes an ug in cs but knows more about real analysis than most math phds and can talk for hours about designing hashmaps optimally
and still isnt even close to passing the interview
broken thorn
can u send me his contact info? sounds like a fun guy to talk to
broken thorn
im not in it
steel heron
but you can ping him there
broken thorn
who is it? id like to ask about hashmap implementation cuz maybe i can follow along
steel heron
well i guess thats an exaggeration but he knows a lot about basically everything
EURUSD
broken thorn
well i guess thats an exaggeration but he knows a lot about basically everything
i want to be like that (obviously cant be a polymath past the year 1800 but i can try)
as long as im closer to one every day im happy
broken thorn
learn in ur free time
tbh the hardest barrier is goong past yt vid level in a topic
cuz then y have to seek out books or papers, much less time effecgivd
rose holly
as long as im closer to one every day im happy
100%
that 1% better everyday, that shit is real
broken thorn
that 1% better everyday, that shit is real
my improving is sadly countable, and the goal is always n+1 😭
steel heron
my improving isnt even countably infinite
haughty hinge
ancient aspen
does anyone know why like every quant company decided to open an austin office recently?
floral locust
They need coverage and austin has no state tax
rose holly
does anyone know why like every quant company decided to open an austin office r...
austin is great
rose holly
They need coverage and austin has no state tax
exactly
ancient aspen
austin is great
haha yeah im from austin but i was just curious because it seems like a very recent development and austin historically isn't a finance type of place
rose holly
fair
broken thorn
do most ppl not care about politics? i figure austin would turn away a lot of people due to politics and laws
nocturne estuary
politics
nocturne estuary
most people probably aren't hyper liberal and that concerned about such things
abortion is an L
but tech workers will certainly have the means to travel elsewhere for them
broken thorn
abortion is an L
mostly this, if you dont mind it then i guess austin wouldnt be much different from other cities
gray musk
Anyone know aquatic capital's comp for new grad swe
rose holly
Anyone know aquatic capital's comp for new grad swe
10k
rose holly
no
broken thorn
day?
broken thorn
lifetime salary cap pog
u know
i kinda feel bad for the 20 yoe people lmao
imagine getting paid as much as someone young enough to be your son who got hired teh next month
rose holly
imagine getting paid as much as someone young enough to be your son who got hire...
thats not accurate
they get paid way more than that
rose holly
imagine getting paid as much as someone young enough to be your son who got hire...
yea
nocturne estuary
if you care about money that much you could just jump and 3x your salary as a 20yoe
but they just don't care about it
broken thorn
they get paid way more than that
is target bonus more than that, or did they gave bigger bonuses this year
broken thorn
i have a less rigorous version of the true proof. would this slide?
any collision will increase third fruit by 2 and decrease other two by 1. this means the number of any fruit can only change by 3 with respect to the others, or -3 and +0 if it is one of the colliding fruit. since all three numbers have different mod 3s, no amount of magnitude 3 swings can set two fruit equal to each other (i have a previous lemma explaining that a victory is possible if and only if two fruit have the same number)
how can you solve this for disk radius 1/7? the square is pretty straightforward
delicate bobcat
for the second doesn't the disk just cover the square lol
floral locust
It’s just pp
broken thorn
for the second doesn't the disk just cover the square lol
holy shit just barely
no way i know that without a calculator tho
steel heron
you can estimate it
broken thorn
i refuse to believe you can estimate 2/7>sqrt(2/25)
broken thorn
wait does that work
steel heron
if a value is greater than another value then the square of the greater value will be greater than the square of the lesser value
if both are positive
broken thorn
ok yeah
steel heron
i happened to prove that on hw yesterday i think
broken thorn
oh
i think i knwo the proof
a>b, means a= c+b where c is small constant
b^2+2cb+c^>b^2
doesnt have to be small but i would physically draw the c small if i were writing with pencil paper
steel heron
pidgeonhole principle is clean im
o
sin(45 deg) = sqrt(2)/2
sqrt(2)/2 * 1/7 = sqrt(2)/14
sqrt(2) ~= 1.41...
so sqrt(2)/14 > 0.1
then you can inscribe a square with sidelength 0.1 * 2 inside the circle
which is 0.2 = 1/5
proving that if you can do this with a square of side length 1/5 you can definitely do with with the circle
as the circle fits around the square
broken thorn
who pinged me 
gleaming salmon
i refuse to believe you can estimate 2/7>sqrt(2/25)
Cant you force 2/7 to have the same numerator as the right side by rewriting it as
sqrt4/sqrt49
Bring sqrt2 down to get
sqrt2/sqrt(49/2)
sqrt2/sqrt(24.5) and then its just observing that sqrt(24.5) is less than 5
Or is that tm work
broken thorn
squaring both sides wasnt too much work for me
that seems like it cuz i have to remmeber sqrta/sqrtb=sqrta/b
tough elm
i think you putting the 25 in the square root makes it feel more complicated than what it actually is, but just get rid of the square root
sqrt(2/25) ?< 2/7
2/25 ?< 4/49
4/50 < 4/49
(which is what colin davis said and no decimals needed this way)
are you supposed to do these in your head or just without a calculator? this should be doable without a calculator, but if you have to do it in your head with your interviewer staring at you, then it gets tough
steel heron
yeah thats the idea behind all these problems basically
you can go home and do them
but its hard under pressure
stable chasm
Hey, I’ll try to get a quant job in 2 years.
My background is CS, I used to do codeforces a lot, and I mostly like algorithms and ds lol.
What resources do you use to prepare for the interview? Any books or urls are helpful thanks!
gleaming salmon
that seems like it cuz i have to remmeber sqrta/sqrtb=sqrta/b
I suppose, i just remember that relation because its just how multiplication (and as a result) divison work with sqrts
But yeah that would be tricky to do only in head
nocturne estuary
this channel is just discrete math help huh
nocturne estuary
Hey, I’ll try to get a quant job in 2 years.
My background is CS, I used to do c...
green book
not CTCI
i forget what the real name is
but colloquially its called the green book
but like
this is for quant trader/researcher stuff
ripe sandal
cracking the quant interview or something
nocturne estuary
not for SWE
ripe sandal
there's a pdf online
nocturne estuary
Yes
broken thorn
how is the amogus international group's QT oa?
@steel heron u do it b4? just mental maf or wha
steel heron
it was just super egg drop 10 times in arow
broken thorn
does anyonr know when akuna screens resume
what step do i get thanos snapped for (non quant) trader
broken thorn
they also want me to dress appropriately to the one way interview, does that mean i need a suit or just to retire the ahegao hoodie
steel heron
retire the hoodie
broken thorn
society 😔
fleet oriole
twilit bluff
Do quant dev/ SWE positions at firms ask sys design questions for newgrad?
Or internship for that matter
twilit bluff
Alright ty homies
I'm gonna see if I can get a newgrad offer next cycle and use it to negotiate with Amazon, prob start applying as soon as they open
hasty hill
https://www.amazon.com/Practical-Guide-Quantitative-Finance-Interviews/dp/143823...
@rose holly @ripe sandal feel free to find any online versions if u find them. And give a description of anything u post so I can pin it
twilit bluff
I meant if I get a return offer for FT
If I don't then having a good offer from a firm would certainly help ease the pain
I was thinking about using it to negotiate
It depends on the offer
I thought they did
If you have a competing offer I mean
But if not then I'd just take the higher one
Gotcha
Ik
I do want to stay in cali with my fam though
For a few years
Before jumping to a firm
My brother works at Amazon too so he is of the opinion that I should go there to learn how to be competent xD
But comp definitely matters
hasty hill
floral locust
Sig swe is garbage tier
twilit bluff
Rip
nocturne estuary
thoughts on CTC
rose holly
thoughts on CTC
There was some discussion above but are you interested in swe or qt?
Some phd dude said its a very chill shop, tc has grown over past few years
nocturne estuary
interesting
i like swe
but i was just curious
because i haven't heard much about it
and a friends said they were in the process
winged agate
!uptime
rose holly
and a friends said they were in the process
@modest kayak
i think piper is in process
nocturne estuary
yeah i saw
no worries i was just curious because they don't really have the same image that most other quant firms have
probably because they're not top 10 on levels
rose holly
probably because they're not top 10 on levels <:WazowskiStare:752943231104188518...
TRUE LOL
same phd dude said dudes making 600k w/ 2 yrstho so 🤷♂️
nocturne estuary
damn
phd tho build different
im sure that could be google researcher salary too
floral locust
Ctc hires Chinese phds for quants
An acquaintance with ug got 600 with 2yoe getting poached by ctc
modest kayak
thoughts on CTC
not a quant person fyi, but i know swe ng is like 250kish
the interviews were more personable compared to other prop shops
also got the impression of it having decent wlb (whatever that means for a quant firm)
broken thorn
not a quant person fyi, but i know swe ng is like 250kish
thats average ng tc
steady lodge
what is the official name for a SWE at a quant like HRT or jane street
are they SWE or quants?
rose holly
lol
rose holly
are they SWE or quants?
swe is core dev in hrt, algo dev is like quant researcher
quant usually means trader or researcher ig
but ppl use quant colloquially for all positions anyway
rose holly
quant usually means trader or researcher ig
suns bad
facts
next year prep will go hard
trader?
for swe? get comfortable with meds for the most part, some hards depending on the shop ig
learn system design
os and netowrking if you have time
and get comfortable with your language of choice trivia
wow baller out here giving advice
my man
for trader LC seems to be low EV so focus on prob stat, game theory maybe
vernal hornet
baller gonna grind the trader
rose holly
play strategy games
rose holly
baller gonna grind the trader
STOP
vernal hornet
he already grinded the swe
vernal hornet
factos
vernal hornet
interviews yea
woven lark
os and netowrking if you have time
What if my LC and SD is good but I know zero OS and networking
rose holly
then study those
woven lark
Do you have a good resource for networking?
rose holly
steady lodge
swe is core dev in hrt, algo dev is like quant researcher
so the ones that make like 400k out of college, those are SWE’s right?
they are swe’s that jus work at quant firms?
rose holly
so the ones that make like 400k out of college, those are SWE’s right?
for swe depends on shop, and usually traders make that much or more at top shops
Traders pay can easily 3x SWE in 5 years
steel heron
swe is the least paid out of those in general
steady lodge
so what are traders? do they code like swe’s?
rose holly
And traders pay can be bigger than quants depending on the company
steel heron
they make trades
rose holly
Some company are more trader's driven than research
rose holly
so what are traders? do they code like swe’s?
Just read investopedia/Google
steady lodge
ok
rose holly
Some company are more trader's driven than research
doesnt trading drive profit foremost at all trading firms?
or do you mean the way they allocate profit varies per firm
well maybe if automated actually
I meant who gives the shots
ok yeah fair enough
Who gives the shots gets more money
yeah
all positions make a shit ton of money anyway
if youre good at what you do
Yeah sure
Traders potential is just way bigger
yep
Both directions 😆
lol
In general I'm pretty sure most swe quit because they don't like trading / finance
And tech pay gets nice at senior level + bay area weather
bay area kinda overrated imo
id prefer la
netflix 😻
steel heron
when will LA have a stock exchange
woven lark
And tech pay gets nice at senior level + bay area weather
or senior level + remote weather
rose holly
That too
rose holly
Lmao
No
Amazon retail can have terrible wlb too and SDE 3 has too big scope at Amazon to coast, choosing Amazon for wlb is cope
woven lark
hmm ok
I'm looking for companies to target that have amazing wlb at senior (but I guess the list could be super different in a few years)
there was a blind post about this not too long ago
rose holly
I mean not like blind is the most reliable thing
For sure it's not meta or Amazon lol
woven lark
true true but I trust it more than most stuff
ya def not
some people said atlassian I think
fast mountain
Amazon retail can have terrible wlb too and SDE 3 has too big scope at Amazon to...
Yep
L6 at Amazon has a lot of responsibility
woven lark
and linkedin
fast mountain
The are usually leading a big team
L6 promos are also p hard to come by
You def can't coast as an L6
woven lark
L
woven lark
IBM
rose holly
For wlb
woven lark
yahoo 
fast mountain
Or good old G, tbh
rose holly
Or companies that have nothing to do
rose holly
Like LinkedIn
woven lark
Hopefully they open more stuff to remote.
rose holly
Doubt
woven lark
ya sundar had some fighting words
woven lark
but like in the long term (I'm targeting senior in like 5 yrs) we'll see
fast mountain
Hopefully hfts will have another golden year
rose holly
Can't really go more remote lol
woven lark
like what
rose holly
LinkedInFans
rose holly
lol
burnt lark
find the companies with solved processes
rose holly
ya its so crappy
linkedin L company L recruiters L everything
my opinion on them has drastically changed
wonders what a crappy recruiting process can do
steel heron
Cait collings 
broken thorn
work very slow but type answers as fast as u can for zetamac
its a cheat code
u probably are slower than ur normal speed
but not by very much
and then eventually can start thinking faster again
steel heron
Adderall
long raft
Haha really dumb question but I have an on-site at a quant rres/trading company and I don’t know what to wear. 😂 do you have to wear suit, polo or is normal jeans and shirt ok? Don’t want to be overdress or underdressed 😂😂😂
hallow shoal
Haha really dumb question but I have an on-site at a quant rres/trading company ...
depends on the shop. the younger the shop, the less they care
but a polo and khakkis can't go wrong
long raft
Ok thx! With all the remote Interview I never thought about what I should wear 😂😂
hallow shoal
Ok thx! With all the remote Interview I never thought about what I should wear �...
where is this for?
long raft
So far those are the only ones who do on-site stuff right now as far as I know