quants-n-traders

[nocturne estuary]

not the speed of the transaction

the length of the position

is on the order of milliseconds

[broken thorn]

ah

[nocturne estuary]

aka tap jump

[broken thorn]

yes

[safe trout]

Tech bubble bursting, time to jump to the stable and non-bubble hft universe

[graceful python]

Anyone know how long HRT takes to respond after final round?

[celest anvil]

Did u interview for algo dev or swe intern?

[graceful python]

Swe

[tulip tinsel]

everyone who preaches it is weird

like really weird + hypocritical

[obtuse flame]

So what’s bad about it

[tulip tinsel]

specifically, people jsut use it as an excuse to hoard wealth

it becomes easy to donate everything if you'll donate it after you die

or they have delusions like donating it to some anti rogue AI fund

instead of anything useful

or something to stop the sun from expanding too much

[safe trout]

Anti rogue AI seems useful tbh

[tulip sapphire]

dont most go to political donations or nah?

[wet goblet]

if you dont mind me asking what round is this for?

intern?

[floral locust]

I thought ng was filled up already 🤔

[wet goblet]

mind if i dm you

[tulip tinsel]

it's just ified under EA logic

for example the Sun will wipe out all of earth in 4 billion years or something, it might amke more sense to spend money combatting that rather than something short term to an EA

[floral locust]

Harvard?

No

I am reet

And unemployed

[floral locust]

Role?

[lost stratus]

What quant firm has the absolute worst wlb for swe?

[floral locust]

headlands, radix, cit stand out

[hallow shoal]

wait virtu has bad wlb ?

o damn

[lost stratus]

Isnt cit team dependent?

[lost stratus]

What about headlands is bad wlb?

Also same for radix is there anything specific

[floral locust]

headlands and radix are both sweatshops in general

combination of small team and being ex-cit

[hallow shoal]

sweatshops?

is that why they pay so much?

[floral locust]

if they didn't pay that much they wouldn't get the level of talent they want

and even then it's barely enough

radix also does stupid 2-3 day offer deadlines

[hallow shoal]

im curious. Why did you choose almeda? ( at the time)

[lost stratus]

Who wouldnt want radix lol

[floral locust]

a lot of people

[lost stratus]

How would you say that translates to hours/wk

[floral locust]

people who can get radix can get js, hrt, cit, jump, tower usually

[floral locust]

headlands swe ive heard as bad as 65/week

mainly saying qr

[lost stratus]

Wait that isnt that even that bad

[hallow shoal]

Lol

[floral locust]

isn't swe like 20/week?

normally

[hallow shoal]

was it a mistake to choose optiver over jump 😭

getting ptsd

LOL

[floral locust]

yes

intern or ft?

[hallow shoal]

intern

[floral locust]

yea

[hallow shoal]

is it a mistake to reneg opt/jump for cit

[floral locust]

i would renege

no

jump >= cit > opt

imo

[lost stratus]

Idk you said sweatshop and bad wlb i was assuming 80/wk but is there anything thats "worse" wlb than that

[floral locust]

for swe this is quite bad i thought

[hallow shoal]

why is jump "so good"

i'm curious

[floral locust]

swe's at jump are closer to pnl than other shops

higher upside, maybe better culture need a more informed source to confirm tho

also anecdotally my friends have a high opinion of jump swe, choosing them over cit for internships

jump vs js vs hrt is a tough one

[lost stratus]

Its just a personal preference

[hallow shoal]

why have I heard ppl

reneg jump for hrt

then

just curious

[floral locust]

unsure, it'd be better to talk to more first-hand sources

anything here including myself leans more towards conjecture than helpful

[hallow shoal]

what if I wanna

be in NYC

[lost stratus]

What if someone likes to work alot

[hallow shoal]

reneg jump/opt for cit?

playing pokemon 😭

[floral locust]

someone at my school did qt intern at js -> unemployed

[hallow shoal]

😭

[floral locust]

(me)

[hallow shoal]

oh

[hallow shoal]

[lost stratus]

I guess not everyone wants to do it but some might

[hallow shoal]

are you reapplying now that almeda is boom

[floral locust]

no that's based

escape the ratrace

[floral locust]

yea

jump cit hrt plz interview me

[hallow shoal]

severence or nah?

[floral locust]

im p screwed tho ngl, the only trader interviews i can do is cit

im too dumb to do the qr interviews

[floral locust]

they didn't comp for my flights bro

[hallow shoal]

:(( sorry to hear that

[floral locust]

i need to just go to imc and omc and ask very politely for my old offers back

[hallow shoal]

honestly if you politly ask you might get them back lmao

[floral locust]

🥺 👉 👈

[floral locust]

p low chance based on anecdotal accounts but a man's gotta try

ive become an npc now, simping for cit

[hallow shoal]

I'm sure everything will work out in the end

[floral locust]

i will either be making 6 figures or 6 feet under

(this is a joke)

[fast mountain]

Anyone who did hrt core onsite recently?

[celest anvil]

You didn't get a return offer? Was it hard for keep track of your progress during your internship?

[floral locust]

im dumb

it was doomed

nothing i couldve done

[next girder]

Gg

[hallow shoal]

gg

[nocturne estuary]

isn't qt just performance based

so like returns

i'm pretty sure thats how hrt does it right

[floral locust]

Radix SS

Dz SSS

Uchicago Icpc numba wan

[drowsy scroll]

DZ nuts

[trim trout]

has anyone interviewed with balyasny asset management for swe intern?

what sort of questions do they ask?

[old shore]

I got lc hard on phone gl lmao

This was a year ago tho

[trim trout]

oof, alright

it's two 30min interviews

[vocal flint]

Does anyone have comp numbers on DE Shaw new grad swe?

[old shore]

https://leetcode.com/problems/consecutive-numbers-sum/

it was this one

but i also interviewed a year ago so things prob dif now

[trim trout]

@old shore do you remember how long your interview was? 30mins, 45, 60?

[old shore]

30

[trim trout]

what quant firms would you guys take over faang?

when you've failed 3/5 of the mentioned companys' interviews

yea me

[rose holly]

Wait this is just straight up false for Radix. All the engineers I talked to there said they do like 40-45 hour weeks and the WLB is good

[rose holly]

This is also false, I had 2 weeks

Out of like the 7+ engineers I talked to, only one was a grad student and his grad program was like a 1-year master. And there's no way you can argue that 40-45 hours is bad WLB anyways

???

Aquatic is also ex-cit and small and they have like 45 hour weeks and everyone there is super happy and nice and they all say it's the best place they've ever worked

[fast wave]

Why not bother just curious

[trim trout]

let's say google or apple

[floral locust]

The rankings are S: where n3 works full time, A-F don’t even bother

trying to learn cpp in 10 minutes for headass phone

Yeh

I can’t code

I’m at home interviewing

[fast wave]

any lol

[trim trout]

damn

[trim trout]

what are your thoughts on quant swe vs trading?

[broken thorn]

what are ur thoughts on trying to become high title IC vs being in finance to maximize tc?

[trim trout]

i haven't worked in finance before, so idk if i would like it

i've assumed in the past that you need a phd to have a good future in trading, but apparently that's not the case?

what have you heard about them?

i've never even considered trader until this past week lol

[broken thorn]

i dont know if id actually like trading but i do like the interview process

[trim trout]

i prefer swe more too, but trader is attractive bc

• high tc ceiling
• working with smart people

just wanted to see what other people thought of it

lol i'm not really familiar with different drugs, what does adderall do?

i feel like swe tc ceiling is pretty capped unless you make it to high level big tech or make it big in startups..

maybe i'm wrong though

quantify a shit ton?

[broken thorn]

enough to buy a home in new york city

[trim trout]

so.. 10M?

that doesn't sound doable on a swe's salary lol

hm

i heard that google often caps you at L4 nowadays

are you referring exclusively to trading swe tc?

[broken thorn]

i dont think they are capping people capable of getting hrt

if you can satuate a hypercube then you can make L5

[trim trout]

trader, or swe? I'm a bit confused

ah okay

I'm not sure about that though, the promotion process at google is committee based, and I'd think you need to play the office politics game more

who knows though

[broken thorn]

very seconf hand info but i heard to get promo at google u need to be part of new feature

and thats why google makes tons of new stuff and then stops supporting it

[trim trout]

i think in general, my current trajectory is very swe

[hallow shoal]

their trajectory is very algo eng 🤩

[trim trout]

and i'm only now considering the possibility of trading, which is pretty late

[broken thorn]

what types would u sau they are

i am curious

[trim trout]

we are the blind leading the blind 😆

who here has work exp as quant dev or quant trader lol?

hm, thanks for the input

fomo hits me hard

[broken thorn]

wat do u think for swe then

[trim trout]

according to hrt, good os, algo and cpp skills

[hallow shoal]

i feel like OS is kinda required

and Citadel straight up asked me C++

lol

C++ related topics

[trim trout]

how to get jobs:

1. get the interview
2. pass the interview
3. profit

i'm stuck on step 2

[hallow shoal]

did you do Algo eng in C++ or Python?

omg we have the second coming of christ lol Python god.

[trim trout]

shoulda learned python instead of cpp 😔

[hallow shoal]

python at HRT :

still though 0:

isn't it a tiny bit easier to get

HRT with C++

vs python?

[trim trout]

i have no clue, but i've consistently failed the cpp interviews 🥹

[hallow shoal]

Wtf

HRT and JS sponsor CMU classes???

what does that even look like

lmao

do you have the website

lmao

[hallow shoal]

ah damn

your compiler class is in ocaml?

oh

lol haha

[fast wave]

Quant Dev and Trading are both front office roles typically which usually means higher hours/pay/stress vs normal SWE

Traders have higher comp than Quant Dev and Swe since they take on more stress and risk (job security) as well

[real laurel]

Are there any firms hiring quant interns for spring 2023??

[royal forge]

belvedere has winter quant positions but idk if still hiring

[real laurel]

Hey..thanks..just checked..not open

[main oriole]

how do u get good at c++

[nocturne estuary]

probably do a projecet i duno

but like i understand completely there are no projects that you can do in your own time

you can work at a firm that uses it

you can take a course in i t

[celest anvil]

tru. or become a codeforces master

[nocturne estuary]

i think computer vision courses will do a bunch of cpp stuff

also like OS courses can teach you the fundamentals of pointers and stuff

but honestly i feel like yeah unless you become a real competitive programmer its hard to pick up that knowledge

there's a book out there about optimizing cpp code that i read

i think that does a good job of introducing you to the concepts of the language

[broken thorn]

wow look at ms moneybags able to afford 3 dolalrs a month

for emoji

[nocturne estuary]

[broken thorn]

2 dollar discount lets u have emojie

whats ur name tataga

8888888888888888888

[nocturne estuary]

discord has such an interesting business model, it really just revolves around this whole gamer culture

[floral locust]

From some Chinese astrology thing my mom told me that this is supposed to be my unlucky year

[nocturne estuary]

你是中国人吧？

[floral locust]

This seems consistent so far

[broken thorn]

so its equivalent of me making my tag 🍞

if i were to do that

[nocturne estuary]

you basically have done that

with your current name

aka tap jump

:hmmSip:

My quant tier list
S: don't
A: even
B: think
C: about it
D: You're too
E: Shit for
F: Quants bozo

[broken thorn]

bread is sysnsonym for money

[nocturne estuary]

bread is sysnsonym for money

https://tenor.com/view/i-count-money-yeat-minions-yeat-minions-i-count-money-minion-memes-gif-26208070

i need to learn cpp for next year recruiting

not sure if just reading that book is enough

i don't know if my current internship will give me good cpp experience

but i understand the theoretical concepts

it just doesn't matter cause of the stupid trivia stuff

[broken thorn]

i need quant help

how can you do poisson distribution by hand

probability of "less than or equal to 50 occurrences" or something

[nocturne estuary]

you just remember

i dunno

[broken thorn]

is it even possible to do efficiently?

cuz i got that as a question on an oa

but idek how to do it besides brute forcing all 50 probabilities

[nocturne estuary]

was it multiple choice

[broken thorn]

no

[nocturne estuary]

maybe they wanted a different method

[floral locust]

What’s the question

It’s like 25%

[broken thorn]

how do u get that

do you have a method to estimate?

[floral locust]

mean is 45 in 10 minutes

[broken thorn]

yes

[floral locust]

Wait I might be retarded

One sec

[broken thorn]

i just dont know how to find that without using an online solver or by calculating them each one by one

[hallow shoal]

join the cp club XD

[floral locust]

Idk I never rly was asked to simplify

[broken thorn]

where did u pull .25 from

did you estimate somehow

[floral locust]

i just typed the cdf formula in google calculator

[broken thorn]

so do u think the question is unsolvable with a basic calculator then?

oh wait

give me a second i might be an ididot

[broken thorn]

what is this formula? I just went down a rabbit hole trying to find like 3 different ones and i am at a dead end

binomial cdf is a summation, and poisson cdf is also a summation

is there no analytic solution or even approximation?

[stark crow]

for poisson rv, the cdf is p(x <= k) = sum from i = 0 to k ((e^-lambda * lambda ^ i )/i!)

binomial rvs can be approximated to poisson rvs anyways if n >> 1 and p << 1 and lambda = np is fixed

[broken thorn]

can either of these be solved without a computer

or estimated

[stark crow]

Realistically prolly no unless there’s a trick to the q

At least not for large k

[broken thorn]

ok actually its possbel

if u have a calcualtor

get value of e^-lambda

either by e if u have that, or 2.718281828 if u dont

then repeatedly multiply by lambda and divide by k

and add the results together

since factorial and exponents are both memoizable

@quiet meadow its all dp

[obtuse flame]

Quant kids are mostly young stem guys so not surprised

Plus most don’t get bitches

[tardy steppe]

tc?

[obtuse flame]

I don’t either

[nocturne estuary]

https://sbfleaks.eth.limo

Very important

[tardy steppe]

are all this for swe?

[proud bone]

do u have any specific citsec teams in mind? i have team matching later

[wraith wolf]

Anyone do Akuna Qt Hireview?

What’s the format typically like?

[proud bone]

march, for the coming summer

[lost stratus]

you can find the message to see what the guy said in the csmajors server

but yeah he said its swe and front office related

[tardy steppe]

citsec swe is so high

[lost stratus]

it could be a bit team/experience/interview dependent too

[tardy steppe]

you work at any of them?

i think they ask sys design

[lost stratus]

i was asked a some sys design and some scalability questions in my intern interviews at citadel

[tardy steppe]

yeah thats insane

those are usually asked in senior engineering roles at faang

[broken thorn]

just shard everything

[lost stratus]

iv heard it similar to citadel in that its a bit tailored towards your experience but also in general you can expect DS&A(like leetcode), OS, scalability/math comes up too

like how a system scales up / basic system design topics like load balancers or something, alot of quant firms ask this stuff

[tardy steppe]

i thought it was complex stuff

[hallow shoal]

60 rounds 0:

[tardy steppe]

wb new grad?

[unborn stratus]

im considering looking into quant jobs in the future. whats the interview process like. technical coding interviews? math tests (calculus, probability, mental math)? brain teasers? any info is appreciated

wazowski moment

[stark crow]

I mean the sys design interns get generally aren’t anything along the lines of what you’d get for FT LOL

Most of the time it’s just glorified OOD

Or very basic, very high-level versions of proper sys design qs

[worthy ermine]

@stark crow yo were you playing mw2 yesterday night by any chance

i saw someone with your name in my game

[stark crow]

I was not

but glad to see im famous

[frigid zealot]

我是韩国人

But in all seriousness guys do I need to study probability & stats as well

SysDesign, OS, and Networking already seems tough enough

[drifting pelican]

Are you going for quant or swe @frigid zealot

[frigid zealot]

SWE

I also want to apply for HRT Algo Dev next year

So starting my prep now

[nocturne estuary]

Probably not hardcore probability and stats for SWE I think

The basic course is probably fine

Not sure about HRT specifically but I never got anything probability and stats related in my interviews

I did take stochastic processes and numerical analysis and probability and all

[broken thorn]

after the oa i cant picture them as anything besides geometry focused

rather than a 4 function calculator to help in your interviews they hand you a protractor and a copy of eulers The Elements

[frigid zealot]

can someone add me to the quants channel again

me too pls

[frigid zealot]

uh where a lot of quant swes are please 😄

[fast gazelle]

same 😄

[nocturne estuary]

same 😄

[rare perch]

add me too pls

[median yacht]

Are any of the trading firm swe positions still hiring for summer 23 interns?

[trim trout]

me too

[lost stratus]

are any of them full already?

[nocturne estuary]

Many of them opened in the summer, I wouldn’t be surprised if some of them were full

[gritty knoll]

Me too pls

[hallow shoal]

can I be added too?

[main oriole]

me too plz

[hallow shoal]

does citadel call to reject after leadership?

[lost stratus]

what is this quant channel everyone is talking about

My interest lies in the HFT's, Proprietary Trading Firms, and Hedge Funds in the Quant Finance space. These firms exist for one sole purpose, to make money or optimize their systems to make more money. I noticed there are software engineers to design trading systems, FPGA, and Network Engineers to increase the speed of communication, ML engineers and traders to monitor and work on models, Data scientists to generate and find sources of alpha. Similar roles can be found in all industries, however, in the quant finance space, they all exist for a simple purpose, to make money for the firm. The tech industry in contrast has slow development cycles, thousand person organizations with no unifying purpose or goal. Even from an engineering perspective, tech companies become too bureaucratic and ineffective when their systems and goals scale up. In contrast, high-performing firms in the quant finance space tend to run on extremely lean personnel and still have extremely high throughput systems e.g Radix Trading, Renaissance Technologies, Headlands, PDT, etc. This is why I believe this is the best industry to work in, each firm strives to have the highest level of talent and collaboration, complexity, and scale, while being relatively small.

[frigid zealot]

I dont know i remember being in one but i dont think anyone got added

[broken thorn]

you have 5 plains in a 40 card MTG deck. you split the deck into 4 piles of 10 cards. what is the probability at least 1 plain is in each pile?

[trim trout]

Untrue, I just got an IMC phone screen today

[hallow shoal]

will you be updating your blog ever 0:

[trim trout]

Why are you advertising your blog anyways?

Hm true, I did find it helpful

[hallow shoal]

I saw that you blog alot

how do you have the time

Lol

[trim trout]

Go on exchange 👍

I'm in the UK rn and the course load is light

[hallow shoal]

very helpful :))

[trim trout]

Swe intern

Well, maybe I'll interview and get told it's full xD

Chicago I assume

[trim trout]

Probs not Amsterdam since they listed times in EST

[safe trout]

imc is not full for QR

[celest anvil]

How about qt?

[tardy steppe]

uk the tc for any of these roles?

[celest anvil]

Algo Dev is freaking hard this year

[floral locust]

I shouldn’t have trolled algo dev this year

[thin copper]

Is old mission capital OA auto?

[floral locust]

the omc dev oa 💀 💀 💀

[main oriole]

omg that was ur blog

that was sick

how r u so good at os/sys design

[lost stratus]

what happened?

[floral locust]

It’s hard I heard

[frigid zealot]

Would you guys say computer graphics and HFT is very much related in terms of low latency as a goal

[stable fossil]

@rustic wind hey, i have a question i want to ask you. do you mind if i dm you?

[frigid zealot]

I heard HRT asks about BVH and I was taught that in computer graphics today

[stable fossil]

mm won’t doxx but i don’t want to share here haha

it’s okay no worries

[faint moon]

do you mean the quant discord tqd?

the one which blew up

[frigid zealot]

ohhhh did it blow up? dang 😦

[floral locust]

It DNE

[old shore]

wait what

was that the server where all non verified ppl were relegated to the shadow realm

[safe trout]

meant to have a superday tomorrow and have no details on it

No zoom links or times lol

Should I call my recruiter directly? Have their number

[stark crow]

show up to their doorstep

[signal bloom]

Any suggestions for cover letter while applying to specific programs/Externships?

[white haven]

anyone interview with cutler group?

[safe trout]

Straight up getting ghosted by this firm rn before superday lol

So unprofessional

[floral locust]

is this hrt?

[safe trout]

No it’s IMC

[floral locust]

recruiter said they were

[safe trout]

When was that

[floral locust]

2 days ago i asked

i had a qt and qr offer last year i wanted to see if i could get one of them back

[safe trout]

Lol I got contacted 2 days ago as well

Asking if I could do a superday

[floral locust]

"As of this week we’ve filled all openings for both Grad QT and Grad QR."

[safe trout]

Oh is that full time?

[floral locust]

yea

[safe trout]

This is internship

[floral locust]

icic, yea i would email them before calling

then if you miss it it's on them

my final last year it went on for 1.5 hours longer than usual cause the first interviewer didn't show up

[safe trout]

I tried calling and no answer lol

I also called IMC office directly and they said

They would contact recruiting internally

And still nothing, I will probably send an email as well but like

It’s really irritating lol

Had an unprofessional experience last year too, and I know a couple friends that didn’t have pleasant experiences either

What the hell are they doing there

[floral locust]

Yea probably just cause overworked

similar w/ hrt

applicants/recruiter ratio is quite high for hrt i know, could be a similar case w/ imc

[safe trout]

I’ve had good experiences with most other firms, JS Optiver sig

They don’t string you along and they communicate well in my experience

Even Google and Amazon communicate well

[sturdy zenith]

thoughts on switching to c++ (from python) for leetcode? i'm a freshman so i'd have some time to learn the stl and everything. do almost all quant dev roles ac need c++?

also thinking about getting into competitive programming

[broken thorn]

learn c++ because its less of a headache

you know what type you are working with

int m is an int

[sturdy zenith]

eh, i think you could argue that python is less of a headache for reasons other than static typing

[broken thorn]

when is it passed by value or reference?

when are arrays mutable?

so much happens under the hood that i have to guess at if someehign works. maybe im just bad tho]

[sturdy zenith]

yeah i agree with that

some of those considerations aren't strictly necessary for stuff like leetcode tho

but i'm wondering if they are for passing a quant interview

[stark crow]

only jump and hrt core dev's c++ will force you to use c++ (and language-specific roles like akuna ofc)

just use python for interviews

you can do hrt core dev for python or algo eng

[sturdy zenith]

oh i didn't know that, thanks. this is probably a harder q to answer but do you think learning c++ and dedicating time to competitive programming would make me significantly better at interviews in the long run? or am i better off just optimizing my time by sticking to python/lc

[rose holly]

Just optimize for python/LC if you are interviewing this season. Otherwise learn c++ if you are serious about working in trading

[sturdy zenith]

fortunately i'm done with this season. just prepping for the future rn

[mellow oar]

Anyone interviewing for hrt core python plz DM

[worthy yew]

same broski same

anyone done phone for hrt python?

[stark crow]

If your only goal is to pass interviews, lc is enough, you prolly won’t enjoy competitive programming if you’re doing it solely to pass interviews

[ebon dune]

citadel hedge fund vs citsec, anyone have any opinions

[broken thorn]

cit sex

is my vote

[ebon dune]

what makes u say that

[floral locust]

swe?

[ebon dune]

yep swe

[floral locust]

it's hard to make many generalizing statements since it's team dependent, but generally the wlb on the hf side seems to be worse

[ebon dune]

right, did u have experience on any of the sides?

[brisk stream]

depends what u want to do

[ebon dune]

lets say as close to front desk as possible

[brisk stream]

there are probably some teams on the hedge fund side that get you that over the market maker

[ebon dune]

can i dm?

[tulip sapphire]

ya

for qt wintern it is

[drowsy spindle]

you just kind of know once you are good enough

i dont have to think about that kind of thing at all in python tbh

[stark crow]

@brisk stream dyk anything about cit Toronto

[broken thorn]

go the route of the legend fron wsb

get imprisoned for stock manipulation and then learn group theory while behind bars

[obtuse flame]

https://www.linkedin.com/feed/update/urn:li:activity:6999434956846292992?commentUrn=urn%3Ali%3Acomment%3A(activity%3A6999434956846292992%2C6999445778385510401)

Jane street L

[celest anvil]

HRT Algo Dev is 175-225,000

[broken thorn]

my favorite part of this law is

jane street new grads make 300k base salary

jane street industry hires make 250-300k base

[floral locust]

Devs don’t start at 300 base

[obtuse flame]

It’s a joke lol

Base salary is deceiving

[broken thorn]

myb i meant trader

ng qt is 300, industry hirr is 250

250-300

[floral locust]

Base doesn’t rly matter past like yr 2 but yea that is interesting

[broken thorn]

base doesnt matter after youre solvent

once u can pay back the loan u took to relocate and pay for apartment down payment u r good to go

many such cases

[heavy jungle]

400 base is insane

[hallow shoal]

old mission is in NYC?

[long raft]

Tbh thanks to NYC law we finally know what to expect wrt to base 😅 like before that you had to know someone who knew someone who knew someone who once heard someone mention his/her salary at a night club half way drunk 🥲

[hallow shoal]

but also it doesn't include like half your salary lmao

[floral locust]

omc has an nyc office

this isn't a ng position fwiw

[long raft]

Yeah that’s true. But at least something. And tbh only knowing you will make at least 200k sounds not that bad 😂

[hallow shoal]

hehe

tbh public ssalaries are pretty good

makes everyone understand how they stand in a way

[celest anvil]

So google is not that attractive to girls anymore huh

[sweet stratus]

what is the interview process for imc?

quant trader intern?

[rose holly]

Base useless for finance

No one would keep working just for base salary

[tame tulip]

Anyone know how soon after citsec final (the 3-round interview day) we should hear back?

🤞

[hallow shoal]

1 week

[tame tulip]

ty

[main oriole]

is getting ur bonus in tc hard?

[broken thorn]

that is very good

[broken thorn]

it really is

sigma balls

such a funny company names

name

what

[nocturne estuary]

Yugoslavia globe

[somber sky]

do these quant places take people for new grad if you havent done an internship before at quant? like if u only have done tech internships

because i have heard it's hard to get into quant after you graduate if u didn't already do it before

[sturdy hamlet]

yes

[drifting pelican]

Is this for swe? And is this including sign-on? What’s the recurring

[candid root]

Trading prolly

[drifting pelican]

ahh makes sense thanks

[floral locust]

Qr goes higher than 475

[broken thorn]

how would you calculate annoying factorials in your head, sort of mental matht hing

like 12 choose 6

i try to cancel out as much as i can

although its tough to visualize the numbers

i cancel 12 with 3 and 4 on the bottom, cancel 10 with 2 and 5, and then break 6 into 2 and 3 then reduce 9 and 8 into 3 and 4, which leaves it as (3*4)117, which is not too bad to calc

[floral locust]

Just type it into Google

[drifting pelican]

yeah i could see how that would be tough to visualize what numbers that you have remaining to cancel out

do you really have to be able to do that in your head though?

[broken thorn]

no

its just for fun

[nocturne estuary]

how to get quant

how to get quant

how to get quant

how to get quant

how to get quant

how to get quant

how to get quant

how to get quant

how to get quant

how to get quant

how to get quant

how to get quant

how to get quant

how to get quant

how to get quant

how to get quant

how to get quant

how to get quant

how to get quant

[faint moon]

quant attack

[nocturne estuary]

HOW TO DO IT

[floral locust]

Like qr, qt, or qd?

[faint moon]

ice is having a quant attack

help him out

[nocturne estuary]

QUANT QUANT QUANT

[broken thorn]

he just wants quant in job title

[nocturne estuary]

I JUST WANT STARTING 500K

MY FRIENDS ALL SAY QUANT GIVES MONEY

HOW TO GET QUANT

[floral locust]

Starting doesn’t matter that much

[broken thorn]

I WANT SIGNING BONUS THAT PAYS FOR A CESSNA

[nocturne estuary]

TC TC TC TC TC TC TC TC TC TC TC TC

HOW GET QUANT

WHAT IS A CITADEL

[floral locust]

Ftx paid more

[broken thorn]

kidnap ken's daughter

[broken thorn]

you would know 😭

[nocturne estuary]

IS FTX QUANT

HOW TO APPLY TO FTX

WHERE IS FTX

[floral locust]

It’s swe

[nocturne estuary]

SWEET

[broken thorn]

WHO IS FTX

IS FTX A SBF

[nocturne estuary]

IF FTX IS QUANT I AM DOING IT

[floral locust]

Ftx starting was 400-800 in some combination of equity and cash

Unfortunately that option is no longer on the table lol

[broken thorn]

equity: ftt tokens

[nocturne estuary]

WHERE DID IT GO

[floral locust]

Equity worked just like any other startup i imagine

[nocturne estuary]

I WANT QUANT I WANT QUANT I WANT QUANT

[broken thorn]

FIVE QYANT GIVE QUEANT GIVE QUSXNT

[nocturne estuary]

GIVE QUANT FIVE QUANT GIZVE UANT

[broken thorn]

DO YOU HAVE ANY SPARE QUANTS

[nocturne estuary]

WHAT IS AN OPTIVER

[broken thorn]

GIVE ME ONE

[nocturne estuary]

GIVE ME ONE TOO

WAIT GIVE ME FIRST I ASKED FIRST

WHERE IS JANE STREET

HOW DO I GET THERE

IS THE DRIVE LONG

MY FRIENDS SAID TO DO JANE STREET

OMG YOU WENT TOP JANE STREET YAHKUNA

HOW DID YOUGET THERE

HOW TO GET QUANT

[lyric loom]

[floral locust]

I can give antireferral to js

[broken thorn]

WHAT IS HRT? DO THEY ACCEPT FTM OR ONLY MTF

[nocturne estuary]

WHAT ARE THESE FUNNY LETTERS

ARE THEY ALL QUANTS

[nocturne estuary]

NO I DONT WANT IT

QUANT QUANT QUANT QUANT QUANT

ALL THE KIDS THAT HAVE QUANT GET SO MUCH FLEX AND PRESTIGE IN MY SCHOOL

EVERYONE WANTS TO TALK TO THEM

[broken thorn]

ALL THE KIDS THAT HAVE QUANT GET SO MUCH FTX AND PRESTIGE IN MY SCHOOL

[nocturne estuary]

YEAH

HOW TO GET QUANT

WHO HERE HAS QUANT

[broken thorn]

HOW TO GET PRESTIVE

[nocturne estuary]

I WANT

[broken thorn]

IS PRESTIGE A QUANT

[nocturne estuary]

TELL ME

I DONT KNOW

MAYBE

[broken thorn]

I DONT KNOW

TELL ME

[nocturne estuary]

WHO KNOWS

[broken thorn]

alameda knows.

[nocturne estuary]

@faint moon DO YOU KNOW

I WANT QUANT

[stark crow]

okay let’s not spam

[nocturne estuary]

I WANT QUANTI WANT QUANTI WANT QUANTI WANT QUANT

[stark crow]

[nocturne estuary]

no

do you have quant

[next girder]

Get good

[nocturne estuary]

how to get it though

what does it mean to get good

how to get quant if i don't go to one of 10 schools

[drifting pelican]

study

[nocturne estuary]

study WAT

i want quant

[next girder]

Its not too far off of the norm here

People fan girling quant

[nocturne estuary]

yeah it really isn't

this channel isn't much different from r/csmajors imo

i mean

not really

but the level of cringe is probably accurate

understandable

[safe trout]

Just calculate 11c5 and 11c6 and add them 😏

That is a bit of a question tho

what’s a good algorithm for extremely large nCk

When the denominator and numerator become unwieldy

I assume best is just memoize all upper levels of pascal?

[broken thorn]

gigachad, i forgot about that proof

[nocturne estuary]

My interest lies in the HFT's, Proprietary Trading Firms, and Hedge Funds in the Quant Finance space. These firms exist for one sole purpose, to make money or optimize their systems to make more money. I noticed there are software engineers to design trading systems, FPGA, and Network Engineers to increase the speed of communication, ML engineers and traders to monitor and work on models, Data scientists to generate and find sources of alpha. Similar roles can be found in all industries, however, in the quant finance space, they all exist for a simple purpose, to make money for the firm. The tech industry in contrast has slow development cycles, thousand person organizations with no unifying purpose or goal. Even from an engineering perspective, tech companies become too bureaucratic and ineffective when their systems and goals scale up. In contrast, high-performing firms in the quant finance space tend to run on extremely lean personnel and still have extremely high throughput systems e.g Radix Trading, Renaissance Technologies, Headlands, PDT, etc. This is why I believe this is the best industry to work in, each firm strives to have the highest level of talent and collaboration, complexity, and scale, while being relatively small.

[zinc sleet]

which are both the same values

[cloud spear]

go to cmu 4head

[nocturne estuary]

HOW

IS CMU ENOUGH

Ok I will transfer there

Omg me too

We’re like the SAME

[timber quartz]

My interest lies in cookies

[long raft]

Double chocolate? 🤔

[timber quartz]

In the mood for Snickerdoodle rn 🤤

Insomnia goes hard sometimes

[hallow shoal]

My interest lies in the HFT's, Proprietary Trading Firms, and Hedge Funds in the Quant Finance space. These firms exist for one sole purpose, to make money or optimize their systems to make more money. I noticed there are software engineers to design trading systems, FPGA, and Network Engineers to increase the speed of communication, ML engineers and traders to monitor and work on models, Data scientists to generate and find sources of alpha. Similar roles can be found in all industries, however, in the quant finance space, they all exist for a simple purpose, to make money for the firm. The tech industry in contrast has slow development cycles, thousand person organizations with no unifying purpose or goal. Even from an engineering perspective, tech companies become too bureaucratic and ineffective when their systems and goals scale up. In contrast, high-performing firms in the quant finance space tend to run on extremely lean personnel and still have extremely high throughput systems e.g Radix Trading, Renaissance Technologies, Headlands, PDT, etc. This is why I believe this is the best industry to work in, each firm strives to have the highest level of talent and collaboration, complexity, and scale, while being relatively small.

[nocturne estuary]

Omg you too? That makes THREE of us

Guys I hope we all can get quant

[burnt reef]

what’s ur top 3 flavors?

[stark crow]

My interest lies in cute dogs and cats.

https://tenor.com/view/samoyed-dog-profile-picture-ear-flap-cute-dog-gif-19962655

[timber quartz]

Snickerdoodle, All the chocolates, sugar

[lost stratus]

Free cookies

[timber quartz]

By return intern do you mean intern -> ng?

[floral locust]

the 2s range is quite wide for returns

[timber quartz]

No ones trolling 😡 everyone here is a serious dedicated individual who has put 40 hours a day to get to where they want to be! To even suggest such a blasphemous situation is ridiculous! I WANT QUANT will soon resonate across the world and you will be sad to not have taken part in such a glorious evolution

[nocturne estuary]

No ones trolling 😡 everyone here is a serious dedicated individual who has put 40 hours a day to get to where they want to be! To even suggest such a blasphemous situation is ridiculous! I WANT QUANT will soon resonate across the world and you will be sad to not have taken part in such a glorious evolution

SAY IT WITH ME

I WANT QUANT

[timber quartz]

UIUC where? 🥲

[lyric loom]

1 umbc
2 Princeton
3 Yale
4 MIT
5 Penn
6 UChicago
7 Columbia
8 Stanford
9 Caltech
10 Duke
11 Dartmouth
12 Brown
13 Berkeley
14 Cornell
15 JHU
16 NU
17 Vanderbilt
18 Rice
19 WashU
20 Notre Dame

[lost stratus]

doesnt harvard school name get you interviews literaly everywhere

[floral locust]

least intelligent yui fan:

[nocturne estuary]

QUANT IS JUST GAMBLING

[timber quartz]

EVERYTHING IS GAMBLING

[burnt reef]

ANYTHING IS GAMBLING

[broken thorn]

where does hustlers university fit into this

u mean python -1

[proud furnace]

what is 16

[cloud spear]

on a quick more serious note, does anyone have any guides on what to study if you want to be a SWE (i.e. low latency) at an HFT firm, and not a QT/QR/QD?

[tough elm]

northwestern i think

[cloud spear]

since most of the guides here seem to be more tailored to direct trading I think

[broken thorn]

look at blog post advertisers blog post advertisement

[cloud spear]

Is that pinned somewhere?

[broken thorn]

are most qts mega nerds

should i wear glasses and look the part in the interviews

[tulip sapphire]

~n

[nocturne estuary]

Leetcode to pass interview, low level language details

Also just be a knowledgeable, cool person

I feel like Interviewer vibe check is very very important

[cloud spear]

This from personal experience?

[nocturne estuary]

Yeah

I dunno

I’ve been rejected without any reason and I can only feel that it’s the vibe check

Some times you just don’t mesh with the interviewer and I think quant firms really expect perfection

Yeah I guess true I did say very very and it’s probably not that

[cloud spear]

Obviously I just gotta act like a swe tiktoker to pass the vibe check

[nocturne estuary]

So maybe just regular important

[cloud spear]

Ez

[floral locust]

they can still reject even if u get the question

depending on speed and how u solve it

[cloud spear]

But also ye I get the general topics to study, I'm just curious what's like the optimal resources people use

Since it's like how swe interviews generally test algo knowledge, but lc is like a centralized way to grind

[nocturne estuary]

i think a general os systems type overview is good

unless you are applying to language specific positions, you don't need to know language details

on the other hand, a lot of firms might ask

being able to apply low level knowledge is probably more universally useful

ok fine i found this again

@stark crow pls pin

https://www.agner.org/optimize/optimizing_cpp.pdf

[cloud spear]

Would you say networks, sys design, and cpp trivia questions are also all equally crucial

Since I never took a networks class

[nocturne estuary]

this is a really good intro to low level cpp optimization , which also just introduces a lot of other systems concepts even if you are not reading it for the cpp stuff

read through a bit of it before interviews

networking like TCP/UDP?

who asked that

well i guess you did ng, i just did intern

so probably a difference there

[cloud spear]

Huh so OS > architecture > networks > cpp knowledge >= sys design?

Ik diff firms differ

But just as a general rule

Ignoring lc

[nocturne estuary]

i feel like that sounds about right

[lost stratus]

most quant firms don't ask system design the same way tech does, its usually basic scalability concepts which sometimes overlap with os

[cloud spear]

And just to make sure, I can likely not focus on studying probability and other specific math for swe at an hft right

Not quant

Alright cool

[final forge]

Interesting I didn’t get hit with networking, which is good cuz I know nothing

[final forge]

I got asked a very traditional sys design question lol

[cloud spear]

Hopefully I can grind a year and still be considered ng for hft apps

[final forge]

Exactly the type you’d see in a tech interview

[final forge]

I applied to places ~6mo after grad and it largely wasn’t a problem fyi

[cloud spear]

I'm ready to flame you for a bad blog post when I fail interviews in a year for now

[final forge]

A few places asked me what I did which was projects & travel

[cloud spear]

Oh I mean 1 year after working

[final forge]

o

Ya dunno how that works

[cloud spear]

Idk I feel like I could still qualify for entry level jobs

But guess I'll see

[lost stratus]

what was it

[final forge]

I mean entry level probably but idk if they would consider u in the ng pipeline

[cloud spear]

I feel like hft positions usually just go from ng -> mid level and I'd fall in the former

Fair

I'll just get blasted if they give me harder interviews than ng lmao

[final forge]

Don’t think it gets harder, maybe different & with different expectations of familiarity

[cloud spear]

Idk different to me means hard since it probably means stuff I know less about

[final forge]

yea ngl not a clue what they ask experienced people

besides that my boss apparently was like idk if I could do all the algo questions

I don’t think u will

true at least short term I think we’re fine tho

[cloud spear]

Just retire by then with your 1m household income

[final forge]

Industry wide they’re still hiring which means they’re not that scared, stuff could turn on a dime, but it seems most firms make money during volatile times which I don’t see stopping in the near term 💀

I mean I kinda hope the volatility stops, and also we don’t get laid off

there is something maybe morally objectionable about hearing ur CEO say like “XYZ terrible thing happened, let’s take a moment to acknowledge the people harmed and suffering yada yada [..] btw this means we made a small truck load of money”

[nocturne estuary]

virtu's 122mil loss last year

[final forge]

tf

[cloud spear]

Defense ceos when another war starts

[broken thorn]

should i wear glasses or contacts to qt interviews

do i want to look like nerd or normal humman being

[final forge]

yea idk it’s not like we actually participate in bad things happening, it just happens that volatile markets are generally profitable for MM and prop traders

TIL virtu is publicly traded

I should do some research into my competitors

[broken thorn]

me when i donate 100% of my net worth (i am in debt so the starving african children owe ME money)

[final forge]

I have a similar impression but I’m also clueless as a new grad

[stark crow]

if you're picking up c++ I'd recommend watching chandler carruth's talks at cppcon

principal swe at goog, gave lots of talks about performant c++

[floral locust]

Headlands asked me c++

[stark crow]

tech lead for carbon now

[cloud spear]

Is there a version of c++ I should focus on

Since I've usually just been running with 17

[broken thorn]

cpp 1776

[floral locust]

I pulled up inheritance and virtual functions on Google during the interview

Then he asked me git and I accepted the L

[broken thorn]

git commit

git blame

[cloud spear]

Git a life

[broken thorn]

git revert (i wrote the same code as someone else but they were faster

[floral locust]

He asked about git rebase

W/e

I even got the lin alg and stats too

[final forge]

This looks like a great resource for knowledge but fwiw you may want to prioritize knowing how to write (modern templated) cpp may be a prereq. Might sound obvious but writing cpp sucks and has many many traps

[floral locust]

Gotta go fast

[final forge]

fr they ask whatever they want. I bet someone fucked up a git rebase that day and was like lemme find someone who sucks less

[cloud spear]

Nah I'm ready to program in D

[broken thorn]

ooh i know rebase

i think

[floral locust]

Yes I would’ve failed one of the 6 other interviews anyways

So i wasn’t pressed

[broken thorn]

its when ur code isnt working, but it really should, and you want to make it work

[nocturne estuary]

[broken thorn]

(me on friday)

[final forge]

I only rebase to master to do pr, but then someone breaks master and I spin in my chair and get paid to read a book for like 4hrs

[broken thorn]

ur company sounds so fun to work for

[cloud spear]

Is template metaprogramming and ownership in cpp important for the interviews

[final forge]

Some intern put “waited for code to compile” as their LinkedIn description and I automatically knew they were no cap

[broken thorn]

for ur company? LMAO

[final forge]

people wanted to see competence in that at some minimum level. I didn’t get that many hft interview tho

[cloud spear]

Huh ok

Just curious since their things I did not pay enough attention to in lecture

Lmao

[stark crow]

If you want to test how good you are at cpp just do akuna cpp interview

[final forge]

At my firm that’s actually p important in that it’s like 100% necessary to writing in the code base

to an awful level

[stark crow]

Mfs grilled me so hard

[final forge]

yea

[stark crow]

[broken thorn]

guys what does rebase actually do, i cant explain it i just know when im supposed to do it

theyre gonna ask me at the end of my internship

and i really dont wan tto fuck it up

[final forge]

U want ur changes on top of a different commit afaik

[nocturne estuary]

Is this firm public knowledge

[final forge]

Not a fit master but p sure that’s what it does

[broken thorn]

alameda research

he is the last remaining alamedan

[stark crow]

[broken thorn]

close

[stark crow]

wagon river trading

they’re my first intern

[broken thorn]

how much will you pay me @stark crow

as intenr

[stark crow]

I’ll pay you in crypto

[broken thorn]

can i get my wagons expensed?

[nocturne estuary]

WTT

[stark crow]

tree fiddy doges

take it or leave

[broken thorn]

to be honest getting paid in 350 shiba inus would be insane in terms of usd

[floral locust]

wolverine

[broken thorn]

only issue is dogs are illiquid

[nocturne estuary]

Not with that mindset

[final forge]

True pure bred dogs are expensive

[final forge]

family got a shiba mutt and he was still expensive

[stark crow]

https://tenor.com/view/shiba-dog-shiba-inu-gif-20640957

[final forge]

and an asshole but that seems to be most shibes so I guess v authentic

[cloud spear]

Shiba inu dogs look nice, are they unhealthy tho?

[broken thorn]

doge is still alive

so they gotta be pretty healthy

[nocturne estuary]

https://tenor.com/view/dog-angry-kick-im-done-gif-10558862

[cloud spear]

I feel like every dog or cat that is hyped up is super inbred

[final forge]

I think they’re actually p healthy and long lived

But they’re assholes lol

[cloud spear]

Like pugs or the Scottish folds

[broken thorn]

jfc it was born in 2005 and still kickin

[final forge]

They’re a “primitive” breed or smth

[broken thorn]

my dog born in 2006 and is not still kicking

[final forge]

Relatively generically distinct from most modern doggos

[broken thorn]

that sounds so problematic omfg

[cloud spear]

Pugs are so scuffed

[final forge]

wdym?

[stark crow]

they can’t breathe

[broken thorn]

pit bulls are cool

[final forge]

sorry I meant for swan

[broken thorn]

they match up pretty well vs babies

pit bulls

can i get some vibeopinions tho pls

if u had glasses and contacts

which would u wear to QT interview

[cloud spear]

I sure do love a war hardened pitbull named princess who surely wouldn't harm a fly

[broken thorn]

jane street glasses 😍

me but with the shirt i wore that day

and the day before

and the week before

srsly tho what the heck is a sleep dress

do people dress up for bed time?

[final forge]

wait actually don’t know what is “normal” I usually wear a t shirt in bed that I also wear the next day

[broken thorn]

i think

if i have jeans on i dont bring them into bed but shorts and sweatpants i do because cozy

and then depending on heat i either sleep wif shirt on or not

[final forge]

wait I never wear pants to bed, unless it’s freezing in which case sweats ig

[cloud spear]

Just sleep with no clothing ez

[timber quartz]

Just don’t sleep

[final forge]

freshly moved I no longer own 4 blankets

previously the strat tho

Well 2

[cloud spear]

Imagine being cold

[stark crow]

imagine

wagons

[broken thorn]

is there a way to be extra long on a stock

like

idk how to explain but betting the stock will go up in the next 10 years

maybe super out of the money options expiring in the far future?

but what i really want is something that increases payoff if it gets big in the far future and dampens rewards if it happens in shorter term

[floral locust]

calendar spread

[broken thorn]

neat

do u know the longest term option u can buy

[floral locust]

just look on robinhood or something lol

[final forge]

you can't buy time for free

LEAPs don't go 10yr into the future

and even then if you do a calendar spread you are betting the price will go up more in some specified time range it's not just "sometime" in the future unless you think that "sometime" is definitely not right now

oh I didn't read the second part of your statement

yes that's a calendar spread, but I don't think that works on the time frame you want it to

also not really dampen so much as you can lose money if it happens now

[broken thorn]

i see interesting

options are so wacky

u can make such weird shapes with them

[final forge]

yup

I should learn more about how they work to do my job better

[broken thorn]

iron condor is funny

[nocturne estuary]

I did a four year earlier

Kind of a mistake with timing but oh well

[broken thorn]

u set up 4 positions to either gain 20 bucks or lose 20 bucks

the best way to make and lose 0 dollars with the highest amount of effort

[cloud spear]

imagine knowing what this means for a reason other than a casually explained video

[broken thorn]

did casually explained make a vid on this

i know it from some guy called kamikaze cash

[cloud spear]

yes

casually explained is the only reason I know random finance terms

he just memed on random finance bro terms

like iron condor

https://www.youtube.com/watch?v=x65TDamuSHU

that and theta investors

whatever those are

[broken thorn]

lol

theta gang is the best strategy

0 risk 0 reward

as he says, intellectual superiority is the payoff

[final forge]

unless u actually know what ur doing you probably are still gonna take an L. you might reduce ur volatility tho

[broken thorn]

i will lose 0 dollars

and gain 0 dollars

[cloud spear]

clearly gold gang is where it's at

we'll see who's laughing when I weather out the apocalypse

[broken thorn]

jokes aside i am the first category in the video

[final forge]

if holding stonk would have resulting in x% gains after 10 yr and selling theta results in 0.9x% gains after 10yr but lower vol is it worth it?

who knows

[timber quartz]

I dunno I just buy high sell low

[broken thorn]

time in the market beats timing the market, also dollar cost averaging

[final forge]

same

[broken thorn]

i will save all of my money like scrooge and retire at 49 years old

[final forge]

good thing I'm contractually prohibited from trading options

or I'd lose all my money

[drowsy spindle]

hey there everyone

[cloud spear]

wait so do you still buy/sell stocks or do you just throw it in index funds / let someone else do it for you

idk how legality works

[broken thorn]

i have an idea. what if me and my firend insider trade each other's companies, and then split the profits

who could catch us

[final forge]

I'm allowed to buy individual stocks with some holding restrictions

basically I can't actively trade stock I must hold for some amount of time

[broken thorn]

are u allowed to dump it all into voo

[final forge]

and no options

[final forge]

yea

[timber quartz]

Interns don’t have restrictions right

[final forge]

no idea

[drowsy spindle]

Schonfeld in Miami or Two Sigma in NYC (maybe Houston) for SWE internship? Why?

I got offer from Schonfeld, finished finals for Two Sigma yesterday

[hallow shoal]

I personally would take 2S cause NYC and name, but I might totally be wrong. Not to familiar with schonfeld so others should chop in

[broken thorn]

schonfeld is almost a funny name but 2 sigma edges them out in name funniness

it reminds me of schonhage strassen

[timber quartz]

Schonfeldeez nutz haha

[drowsy spindle]

This is my issue. I have no desire to ever live in NYC. $3-5k+ for a closet isn't appealing to me, neither is State + City + Borough tax.

However 2 Sigma's name is great for sure

Miami is close to home (in florida)
0% income tax state
still a hedge fund
full time comp is way better adjusting for COL and taxes
used to live in miami as a kid, always wanted to go back tbh

[hallow shoal]

Oh if it’s home I think if you value that you should go

It sounds like you prefer schonfeld

[drowsy spindle]

well yea

but 2 sigma name

[final forge]

how are you adjusting for COL?

[hallow shoal]

Ah

Zain is right

The COL adjustment is really that much

[final forge]

are you a junior looking for a return? if not doesn't really matter

[hallow shoal]

Even Chicago to NYC is like 100%

[drowsy spindle]

its absolute hell

yes lmao

[final forge]

bro

s2g

[drowsy spindle]

yes

[hallow shoal]

S2g?

[final forge]

you can't apply % offsets on COL like that

besides things that actually affect your entire income like taxes

[hallow shoal]

I used online COL calculator which pumped out 100% 🤡

[final forge]

if you don't spend the money the COL adjustment shouldn't apply, and COL differences vary based on spend

yea that's 🤡

[drowsy spindle]

if you dont spend money

[hallow shoal]

But also housing is like double price

[drowsy spindle]

exactly

[hallow shoal]

Which is kinda gg

Though