quants-n-traders

[drowsy spindle]

5k closet in nyc

5k mansion in florida or miami

[final forge]

spend all the money in the same basket of goods that COL calculators use

[hallow shoal]

You can also live at home 😂

[drowsy spindle]

well

[final forge]

like an iphone costs the same amount everywhere in the US

[drowsy spindle]

home is in orlando, and work would be miami which is 3-4 hours away

[hallow shoal]

Oh nvm

[drowsy spindle]

but they are minimum 1-2 days in person so i can just leave back home

[hallow shoal]

Wait what is FT TC

[drowsy spindle]

50$ flight is nothing ig

[hallow shoal]

schonfeld

Vs 2S

[drowsy spindle]

so i am pretty sure she said miami numbers

but that was

[hallow shoal]

To make a better decision I guess

[drowsy spindle]

schonfeld: 190-230k with base + guaranteed bonus, and 20-40k sign on bonus

[final forge]

you can't apply a flat COL conversion to ur entire income. also should take into consideration if whatever COL calculator is already counting income taxes or if it's on post tax expenses

o that's p good

[hallow shoal]

Wait that might be close to 2S

NYC

😂

[drowsy spindle]

from what I know of a friend of a friend who got 2 sig in nyc, ft for swe, he got over $300k

so lets say $330k

it doesnt beat it i think

schonfeld sounds >>>

[hallow shoal]

Tbh

[timber quartz]

I do think as an intern, col shouldnt matter too much if u get housing no?

[final forge]

it sounds similar in nominal terms so yea p good

[hallow shoal]

This sounds like one of those times where you know what decision you wanna make but you want validation

[timber quartz]

It’s just where u want to be ft

[drowsy spindle]

I think further than 10 weeks my friend

[hallow shoal]

In that case take dchonfeld

Schonfeld

[drowsy spindle]

not really validation

[final forge]

oh wait 190-230 is TC? I'm dumb I thought you meant base and I was like 👀
still comparable to 2s numbers probably actually better post tax col

[hallow shoal]

Confirmation*

Oh wait I read that wrong too

[drowsy spindle]

maybe i am not considering something that i might be able to get better at 2 sig despite getting shit on w tax and col

[hallow shoal]

😂

[timber quartz]

Well u said u wanted 2sigma for the name, so I’m thinking u r planning to do smthn else FT

[long bloom]

Yo anyone here in Brevan Howard

[final forge]

some people actually are like NYC is XYZ% more expensive than bumfuck ohio so I need to make 200k in NYC to beat 75k in ohio, and I'm like bruv that's some fucked math

[hallow shoal]

Yeh that’s kinda fucked math

Tbh if you don’t spend

[broken thorn]

who wants to live in bumfuck ohio though

[hallow shoal]

That. 200k is much better

[drowsy spindle]

i was also thinking other goals i wanted to do, like real estate investing

[broken thorn]

also amazon costs the same everywhere

[drowsy spindle]

mf never gonna own anything in nyc 😂

[final forge]

yea exactly unless you spend 100% of your money you can't apply COL rates like that, and also the COL prices/goods basket almost definitely is inaccurate when you're spending that much anyway

[drowsy spindle]

I think I will be going schonfeld tbh

unless
unless
they can do some special tax magic

[final forge]

you can save a marginal amount of city tax by living in nj instead of nyc lol

[broken thorn]

do u mean beocming a landlord? the best strategy is to get a 48 unit apartment complex in bumfuck ohio and then force ur child to be the property manager (true story i know someone who did this)

[drowsy spindle]

cause 2 sig "requires" 5 days a month of in person
so i know there are ways to get charged nyc taxes on those 5 days only, but the other 15 days id work could be florida taxed

but thats a question for hr if they allow that

[hallow shoal]

Ok that’s a little suss 😂

[final forge]

answer: probably not rofl

[drowsy spindle]

its split taxing

[broken thorn]

just dodge taxes

[drowsy spindle]

well

[broken thorn]

not that complciated

[drowsy spindle]

creative tax planning

[hallow shoal]

Just don’t pay taxes 4head

[broken thorn]

lie on your w4

[hallow shoal]

Get citadel Miami

Problems solved

[drowsy spindle]

trust me it happens 😂

[drowsy spindle]

you right

[timber quartz]

Anyone want to join my church of tax evasion?

[broken thorn]

i have naother strategy

[drowsy spindle]

why cant 2 sig just open in miami that would be fucking amazing

[broken thorn]

if u find a wife then u can avoid taxes

lower bracky

[drowsy spindle]

i like that

[drowsy spindle]

i actually didnt know they had a miami loc

[broken thorn]

why dont straight men that are roomates get married with a prenup to lower their tax burden?

[drowsy spindle]

i hear they beat you to a pulp

[drowsy spindle]

wait

[hallow shoal]

New HQ in Miami

[drowsy spindle]

so if i have 1 wife, i can get tax benefits

if i have polyamorous situation like 10 wives, we get even better right

[broken thorn]

if u have 9 wives then u overflow into owing 8 billion to lenders

[drowsy spindle]

prenup

[broken thorn]

taht was his issue

the only mistake

not getting a prenup

[drowsy spindle]

pull up to first date with prenup

[final forge]

reverse uno card they come with a prenup too

and it's bigger

[drowsy spindle]

how did it work out?

[broken thorn]

the place became slightly less bumfuck and doubled in value

now his full time job is to fix broken lamps and argue with tenants about rent pricing

[drowsy spindle]

nice

[broken thorn]

@floral locust would you have been forced to participate in polyamory had you been hired at alamenda

[drowsy spindle]

he was gonna work at alameda?

good thing he didnt

what a shit show

[floral locust]

I did work there and no

[rancid spoke]

As an intern?

[floral locust]

No

[broken thorn]

were you aware of it?

this question cant be NDA if the company is ded

[floral locust]

No

[drowsy spindle]

he didnt mention uni or mono amorous, just no to polyamorous

[drowsy spindle]

Hey, thank you! Can you tell me how come

[high ridge]

how quickly does cit send out rejections after final round? or do they ghost?

[timber quartz]

Took me a week 😦

[high ridge]

for new grad*

[timber quartz]

You were most concerned about location right? Yui just saying you can try to relocate to 2sig Houston office (for COL), but if u really want to be at Miami and that’s super important, ig schonfeld is it

[timber quartz]

Oh I dunno then I’m not ng, but I would imagine it’s about the same 1wk-2wk

[drowsy spindle]

oh I see what he meant, thank you

I appreciate the help, just a complicated situation I’m just trying to think ahead for if I get 2sig offer the following week

Thank you

[little pagoda]

@drowsy spindle do yk if schonfeld nyc is more competitive than miami

[timber quartz]

i thought the process the same for whatever location you choose, just that you might not be able to have the location u want if it gets filled up?

[drowsy spindle]

Probably tbh

cause that nyc offer is wild lmao

$84.13/hr, corporate housing, $20k sign up bonus

way better than Miami offer but I also figured nyc is more competitive so went for Miami

However I will say

Miami only takes 25 interns and NYC takes 35

[broken thorn]

how to find the probability it takes an odd number of rolls to get a 6 on a 6 sided die? I know how to make a summation formula of it, but that takes too long

if i were asked it in an interview is there any way to do it without calculator

[little pagoda]

oh wow didn't realize it was sm higher

i still havent heard back after my hackerrank review (had it) last tuesday

[floral locust]

Just reframe it as a game and use recursion. Two people are taking turns rolling a die and first to get 6 wins. What is p(win) if you go first

[broken thorn]

i dont know how to find without using a calculator to sum it. at the moment I am trying to see if i can do a geometric series to find soln

because those have the neat trick of 5/6^n=6

[floral locust]

U don’t use any summation

U just do like first step analysis and recursion

[broken thorn]

so like p(win) is 1/6 + 5/6(p they dont win next turn) or somehting

im still thinking of it as summation

maybe

[floral locust]

P=1/6 + 5/6(1-p)

So like 6/11

[broken thorn]

x=1/6+(25/36)x

oh jesus

[floral locust]

Seems like a reasonable answer

[broken thorn]

i feel pretty dumb rn

[versed tusk]

ok so it’s not 1/2 lol

[floral locust]

As probability success tends to 0 p(win) tends towards 1/2

[floral locust]

Going first is better cause u can win outright

[versed tusk]

yeah I didn’t think of it that way

explains why I didn’t pass that interview

[broken thorn]

oh this gives me 6/11 too

hmm

[floral locust]

I mean they’re saying the same thing

[broken thorn]

i need to use the p and 1-p more though, it needs to cross my mind

eah

yeah

[broken thorn]

wait actually i dont get this one. how is 5/6(1-p) probability they win?

well i know its not that

but i dont see how 1-p represents the recursing

[floral locust]

1-p is opponent winning, but conditioned on not rolling 6 first try we treat it as going 2nd

So we are in our opponents shoes

This is the first step analysis

[broken thorn]

it makes sense what ur saying

i guess i just need to learn first step analysis, cuz x=1/6 + 25x/36 makes a ton more sense to me than the other way

but ur equation is simpler and better imo

im just gonna read up on first step anal

[floral locust]

Lol u just write out 1 step and recurse

U did 2 step analysis

[broken thorn]

for some reason 2 step makes more snese to me

i dont want it to tho

i want to get 1 step

i will figure out on my own tho ud ont have to eplain it to me

u did a good explanation

[floral locust]

I mean 2 step makes sense in this situation cause u get back to where u started from so it’s p intuitive

I just did my way to be fancy and use symmetry lol

[broken thorn]

being fancy and using symmetry is good

means u understand it better than me

[timber quartz]

You can think of it as
A (p): probability player goes first wins
B (1-p since either A or B wins): probability player going second wins

So you can think of it as if A lose the first round, it’s the same as player B going “first” and A going “second”, so we can use p(first goes wins)= 1/6 + 5/6 p(second goes wins)

[broken thorn]

if a missing is same as b going first, shouldn't there be

first win = 1/6 + 5/6(second win)

but then second win should be 1/6 + 5/6( first win prob), no?

since its as if p1 didnt go first

so it would be x=1/6 + 5/6(1/6 + 5/6(1-x))

but thats the wrong answer

[timber quartz]

Why should second win be 1/6 +5/6 p(first win)?

[broken thorn]

cuz if second goes first its that way

5/6 around everyhting tho

[timber quartz]

Second doesn’t go “first”

[broken thorn]

cuz theres 1/6 chance p2 never goes

"So you can think of it as if A lose the first round, it’s the same as player B going “first” and A going “second”"

im trying to think of it this way

5/6 chance p2 goes first effectively

so whats the probability p2 wins if it goes first? 1/6 + 5/6(p1 odds)

wrap it all in a 5/6

then its p = 1/6 + 5/6(1/6+5/6(p))

[timber quartz]

Let’s think oppositely instead then:
B is now p prob:
Think about first roll, he has a 1/6 chance to just plain lose
And 5/6 to be “first”
p = 1/6(0) + 5/6 p(first wins)

So it becomes p = 5/6(1-p) or p = 5/11

I think u accidentally combined the first and second roll for B in your calculation

[broken thorn]

for brevity i will call person going first P and person going second Q

Q = 1/6(0) + 5/6 P
this does not make sense to me, because in the 5/6 case that it is not a 6, the turn should go to Q, so I dont know why the P is in 5/6 P

[timber quartz]

Yeah it’s a little hard to wrap your head around it: remember that we can think of the second round as P going second and Q going first.
So the probability of Q winning STARTING on the second turn is really p(P)

Going back to Your first equation of p = 1/6 + 5/6(1/6(0)+5/6(p)) is thinking about the first and third rounds

Where both are of course probability of P

[broken thorn]

this makes snese i think

i mixed up something

[timber quartz]

Look 1/6(0) + 5/6(p) is EXACTLY probability that Q wins

[broken thorn]

q=1/6(1)+5/6(p) is true, but thats the odds q wins

u have to plug 1/6(0)+5/6(p) into the original since q win means p lose

[timber quartz]

Well q = 1/6(0) + 5/6p if q is second

[broken thorn]

so i can effectively just ignore the case where q wins when i do my original equation

now p=1/6+5/6q makes sense

thanks

[timber quartz]

np it’s hard to think about immediately

[versed tusk]

how hard would you guys say it is to get quant new grad vs intern?

[timber quartz]

Everything easier intern I think lol

[versed tusk]

yeah but by how much

[tough elm]

where are you guys finding these questions?

[timber quartz]

Ig u should ask a new grad, I’m only a lowly intern

[broken thorn]

corwins on the amazon->google->imc swe->imc quant dev->imc qt->imc qr grindset

[long raft]

Isn’t For a Lot of companies the process the same for ng and intern?

[versed tusk]

lol I wish

[timber quartz]

Really? I thought usually ng is longer

[floral locust]

Intern and ng are usually quite similar

[long raft]

Idk I assumed this. Because few big tech do the same. Like at Stripe it’s only 1 additional bug search Interview

[floral locust]

Only one with wildly changing difficulty seems to be hrt from my exp so far

[long raft]

Which companies did you experience this?

[timber quartz]

Oh huh, I swear all my ng friends going through like 6-9 rounds and stuff, but that’s prob cause they startups

[versed tusk]

hmm alright that’s reassuring, im pretty much out of opportunities for internships this year but I think I could do a lot better with practice

[floral locust]

Cit, optiver, imc, drw

[broken thorn]

all the interviews are too easy for devg to tell the difference between

[timber quartz]

Do u think the bar is higher for ng though even if process is similar?

[floral locust]

I am unemployed

[long raft]

Could be 😂 i just got Lucky with one Shop

[floral locust]

They do more cutting first few months of the job for external

Internal hires hardly ever get fired yr1

[broken thorn]

what does that mean? firing someone in the first 3 months?

[floral locust]

Yea

[broken thorn]

jfc

[long raft]

🥲

[floral locust]

Nothing too crazy

[timber quartz]

What do quants actually do on the job? Like projects etc?

[floral locust]

Varies by company

If there’s a spectrum where left is qr and right is pure discretionary

[long raft]

I think nobody will share Details because NDA etc :😅

[timber quartz]

Doesn’t need in depth details but I’m assuming it’s not like just a bunch of random stats questions

Do u code a lot/in depth coding? Lots of thinking?

[floral locust]

A lot of coding usually

[broken thorn]

you pick ur favorite stocks and then buy otm calls expiring the day after your internship ends

[broken thorn]

how common is getting canned first year?

or first 3 months

i at least want to make it till month 3 for my signing bonus

[floral locust]

Firm dependent

It’s like 12 months I thought

Hrt is 12?

Ah rip can’t make any lavish purchases then 😭

[broken thorn]

im assuming the signing bonus isnt given till 3rd month and that they only clawback if u quit

maybe this aint right hto

[floral locust]

I’ve seen end of first payment period

Some give signing before u start

[broken thorn]

clawback on geting fired seems illegal

[timber quartz]

How does non compete and stuff work? Do u get a good severance?

[floral locust]

Depends, some noncompetes are just base, some are base and extra

[timber quartz]

Hire people for 11 months then fire them

[floral locust]

Most hires aren’t profitable 11 months in

It’s a net negative for traders at least swe probably have a faster time before they’re positively contributing

[timber quartz]

Are intern return packages usually really good compared to just ng?

[floral locust]

U have like 60 days right?

Before ur kicked out

[broken thorn]

cant u get an o1 visa

for being that cracked to get hrt

[timber quartz]

Yea that’s super fucked for the people at meta/Twitter who have like 5 days after getting fired

[floral locust]

Twitter h1b’ers

Rip

[broken thorn]

open broders

[floral locust]

Depends, but usually it will be longer if u leave rather than get fired

Cause if u get fired ur shit lol

So they don’t mind

Uhhh citadel still enforces, but others prolly don’t

[timber quartz]

Oh does NC apply to outside of tradi ng?

[broken thorn]

why doesnt google do non compete

they would still get employees and they would get longer staying employees

[floral locust]

Cali labor laws maybe

U can still sue but it’s impractical for avg employee

[broken thorn]

alameda research cant enforce noncompete

[floral locust]

I didn’t have one regardless

[broken thorn]

because its in cali

[floral locust]

No but they can sue u

[broken thorn]

cant enforce cali noncomoeete

[floral locust]

https://law.justia.com/cases/california/court-of-appeal/2020/g058323.html

[broken thorn]

tldr?

[timber quartz]

i think the individual won

[broken thorn]

mfs named brown are undefeated in the court system

tldr on the tldr?

so he has to pay 3.5m but gets to skip the noncompete?

[timber quartz]

well they reversed the judgement and pay right

[broken thorn]

please dumb it down for me

what is the verdict

who owes who money and does he have to wait out noncompete

ah, its still not finised

lawyers around the world rejoicing

[timber quartz]

so they trying to find something else to sue him over ig

[long raft]

I wish I could last 1min 😂

[timber quartz]

1 min? I last like 3 seconds

[floral locust]

Ayo

[long raft]

Seeing all those geniuses… like you get imposter Syndrom asap

[floral locust]

I need to borrow some rizz for tomorrow

I have to call with the old mission ceo

And ask for my old offer back lol

[timber quartz]

dam gl big man 🙏

[long raft]

Explain the situation that you got Blended

[floral locust]

Uhh prefer to keep it private

[final forge]

my firm contract says something along the lines of competes with the firm, which I interpret to mean other financial/trading cos. I asked my recruiter before I started and she said it's not enforced for tech stuff, and I generally don't think the wording of my terms would allow them to prevent me from working in tech either

[floral locust]

I turned them down a ft offer to do a js internship

[long raft]

Oh ok good luck!

[timber quartz]

arent u a post ng?

[floral locust]

Yes

[safe trout]

Imc followed up with me. Promised me a superday since I made it to superday last year with good feedback. Then they emailed me saying: “My colleague did not realize that you had interviewed last season. To be reconsidered for final rounds this season, we would need to repeat a first rd. interview”

Like what the fuck? Lol

Obviously they realized I interviewed last season

[quasi orbit]

What’s the first round?

[drowsy spindle]

yea thats pretty much it

and it really is, i was surprised
based on what my recruiter told me 190-230k base + guaranteed bonus, 20-40k sign up bonus
i believe this is miami numbers

i will confirm that tho

true

just have to assess if i want to trade off where i prefer and wanna live long term over the brand recognition of two sig

i can always just move back from 2 sig to schonfeld or another hf if i want to

Hopefully I even get the two sig offer and learn more about some of their numbers for houston, then i can really make a more informed decision

really?

wtf

like they arent gonna tell you or just be like, "its really good, trust me"

oh wow

i cant find one person that works in two sigma houston

does anyone know anyone 😂

damn wtf

I can't believe how that isn't normalized behavior

It's all these interns just caring about numbers of internship in summer life, not really thinking 6 months later as a ft lmao

[broken thorn]

this makes me want them to have shaq shadow a trader for a day and make a vid about it so much

would be hilarious

[broken thorn]

a company has 7500 employees distributed into 750 teams of 10 each. if half of the employees get fired at random, what is the expected number of empty teams?

how about the expected number of teams with n people left

i think the answer is ||just treat each employee as 50% die, so .5^10 chance each team gets completely fired, so it would be 750/1024 expected empty teams, for the follow up it is 750*(10 choose n)/1024 since there are that many ways each team can have 1 remaining member, and the 50% fire chance is the same||

this estimate might not be perfectly accurate though, we might need to do somethiggn related to entropy because its not that each employee has 50% die, ,its that precisely 50% are fired

so you have to allocate 3750 into 750 teams randomly

[proud furnace]

ahh yes

stats recession edition

[broken thorn]

true

i think i need to shrink down the numbers to come up with the analytic solution (is that the right term)

[frigid zealot]

So uh

How bad is citadel oa

[royal forge]

for swe?

easy

[frigid zealot]

Yup

Oh ok das good to hear

[lost stratus]

some people get to skip it

[royal forge]

hopefully thats me next cycle

[frigid zealot]

Whats their interview process like?

[long raft]

How do People skipping That? I thought it is Auto

[lost stratus]

some people get invited to recruiting events

some might have some competing and urgent offers

[floral locust]

Referral bypasses

For trading some people were invited to final rd directly

[long raft]

Good to know… Need to slide into the dms of an Alumni 😂

[safe trout]

i think you can brute force count this. 7500 C 3750 ways of firing people, fix a team X_i, there are 7490 C 3740 ways of firing all 10 of them

[broken thorn]

ah yes just calculate 7500!

[safe trout]

it should cancel nicely with the denominator

[broken thorn]

in a game with 50% win rate you play until you either win 7 or lose 3. I tried to simulate this but I can't get the cumulative probability to be 100. these are the number of ways you can end with n wins (indexed from 0 to 7)
1
3
6
10
15
21
28
36

total runs: 120

i figure the probability for each is 1/(2^num games), but adding this up gets me 94%

1/8+3/16+6/32+10/64+...

[safe trout]

so toss coin basically, stop at 7 heads or 3 tails?

[broken thorn]

yes

[safe trout]

wait, aren't there 4 ways to end with 1 win

[broken thorn]

wlll, lwll, llwl are the only ways scoot. if you do lllw, you end before u can get to round 4

[safe trout]

oh wait no, nvm im dum lol

[timber quartz]

Well for things like 7 wins, it’s nCr(9,2) + nCr(8,1) + nCr(7,0) right?

[broken thorn]

oh the problem is just n-1 choose 2 per num wins

[timber quartz]

So u missing some

[broken thorn]

oh ye

wait

i see what u mean

[timber quartz]

Since u don’t need to have 2 losses, u can have 1 and 0

[broken thorn]

i think my code incldues that tho

void generate(int& tot, string cur, vector<vector<string>>& res, int win, int l){
if(l==3){
cout << win << " ";
res[win].push_back(cur);
tot++;
return;
}
if(win==7){
tot++;
res[win].push_back(cur);
return;
}
string w = cur;
w.push_back('w');
string s = cur;
s.push_back('l');
generate(tot,s, res, win, l+1);
generate(tot,w, res, win+1, l);

wait

i think my code does my calc odesnt

gimme a sec

[timber quartz]

Yea your calc doesn’t since there are more than 36 ways to get 7 wins

[broken thorn]

but why wouldnt it be reaching the LWWWWWWW case

[safe trout]

your code?

[broken thorn]

yeah

cuz my code total is 120

OH

I SEE

must include 8 i think

[timber quartz]

Sure but like your individual wins don’t add up to 120 lol

Wait nvm I’m stupid

[broken thorn]

ok so the infinite series of this adds up to 100%

the infinite series of the ncr

[floral locust]

Ntr

[broken thorn]

devg is right hto, for some reason the program doesnt print out 7 wins with 0 or 1 losses

nvm it does

[safe trout]

and still says 120 ways total?

[broken thorn]

yes. i have no fucking idea why

it should be more

[floral locust]

I didn’t say anything

[safe trout]

hmm i think 120 is right

you can model this as like

putting 3 LLL and 7 Ws in a string of 10

for just the total number of runs

that won't be right for the probabilities, but just the count should be 120

[timber quartz]

Also don’t forget -3 at it too

Wait

[broken thorn]

maybe its not wtf

[timber quartz]

It’s nCr(8,2) + nCr(7,1) + nCr(6,0) = 36

[broken thorn]

ok i DO have 36 at final which includes 7 wins

[timber quartz]

Since the last must be a win

[broken thorn]

perhaps we can consider the ones that dont have losses at the end as just having them there

like 7 wins in a row is actually WWWWWWWLL

[safe trout]

yeah, if you want to count them

[broken thorn]

that feels wrong tho

[safe trout]

its wrong since the probability coefficient isn't 1/2^(#tosses) for that

[timber quartz]

For wins with < 7, the last MUST be a loss...

[broken thorn]

OH

wait

i get it

its not 36/1024

its

some /512

and some /256

[timber quartz]

Yes

[broken thorn]

because the WWWWWWW is ony 7 wins

i see

[safe trout]

its probably easiest to split over length of string then

[broken thorn]

ye

so it would be
7c2+7c0
8c2+8c1
9c2

wait

shifted over 1 i think

but u get what i mean

[timber quartz]

For what values?

[safe trout]

like 7 runs being a stopping point? sure

[broken thorn]

basically u add 1 to the /256 term cuz w*7 goes there

[safe trout]

i think thats 6c2 tho, so yeah shifted by 1

[broken thorn]

and add 7 to the /256 cuz 1 loss 7 wins go there

yes

6c2+6c0, 7c2+7c1, 8c2

[timber quartz]

Why not 6c2 + 5c1 + 4c0?

Nvm

U would overcount some...

5c2 + 4c1 + 3c0 I think

5c2 for xxxxxwl 4c1 for xxxxwll 3c0 for xxxwlll

[broken thorn]

i dont get it

[timber quartz]

What are we calculating again 🤣

[safe trout]

how many ways to stop at 7 trials

[broken thorn]

ok ive guess and checked that there has to be 56/1024 ways of stopping at 7, but idk how much of those include 1 loss or 0 loss

[safe trout]

if you add the case of ending in W, this also counts it the same way

[broken thorn]

ok this is taking too long i have to do the job im paid to lol, cya in a bit maybe we can figure it out

[timber quartz]

Ye me being stupid 😭

Still half awake on my bed

[safe trout]

i should do the job im paid to do

which is underpaid grad student lol

[timber quartz]

Me jobless 😦

[safe trout]

just learn poker

easy money

[timber quartz]

Sure if you count donating money a job

[safe trout]

learn game theory optimal poker

u can literally never lose money

[floral locust]

Not worth

[safe trout]

its only about as hard as solving chess

[floral locust]

Poker is much easier than chess

[timber quartz]

Wait but poker has like waaaay less states than chess

[floral locust]

Also there r much easier ways to make money

Like something in crypto probably

Or anything in tech

[safe trout]

playing GTO poker is definitely easier than solving chess, yea

[timber quartz]

Dump and pump crypto time bois? Cscareercoins to the moon?

[safe trout]

but probably both 0% for any human

[floral locust]

U can get v close to gto poker within a few years

[safe trout]

oh is it that easy?

i know nothing about poker lol

should i learn gto poker

[floral locust]

No

[safe trout]

oh 😦

should i do 200 more leetcodes

[floral locust]

No

[timber quartz]

No touch some grass and get a gf 🥲

[safe trout]

should i put 10K in dogecoin

im gay lol

[timber quartz]

hi gay I’m dlz9345

[safe trout]

potential dates fucking love talking about leetcode right?

or should i lead off with catalan numbers

[timber quartz]

Ye you can also talk about league of legends pretty high success rate too

[floral locust]

And crypto

[safe trout]

"i work at HRT" "wait, you're trans???" "no its a trading firm where i provide liquidity to themarketbymakinghighfrequencytradesanditsreallyimportantand" "oh. thats interesting."

[broken thorn]

why is it bad to learn gto poker

sounds like free moneys

[floral locust]

There are better uses for time

Most tech internships pay more anyways

[safe trout]

it also probably requires nerves of steel to play in real life anyway

like if you give yourself 51% equity and opponent goes all-in

[floral locust]

I mean it just comes down to level of prep

And bankroll management

[safe trout]

(51% after the all-in anyway)

[floral locust]

I’m also depressed so idgaf when I play live

[safe trout]

you can study poker for like a week, invite friends, then take all their money

🙂

only problem is you have to find new friends for the next poker session

[floral locust]

Probably longer than a week

[safe trout]

ive been playing chess for like 3 years

and im 900 elo lol

[timber quartz]

What are these friends u talk about ?

[safe trout]

how fix

i dont want to put in work or critically think either

i just want to be BEST

[timber quartz]

Anal plugs 🙂

[safe trout]

i did peak at like 1300 last year

i swear to god people got a lot better the past year

on chess . com

[timber quartz]

I dunno usually if u think past like 2 moves u can get like 1500 on chess.com

Maybe that was like 4 years ago

[safe trout]

sometimes i do and then i lose

i really like clicking on the pieces and moving them

lol

[broken thorn]

ok im silly its
8c2/2^9 +7c1/2^8+6c0/2^7

[safe trout]

oh yeah you can do it that way

i thought you wanted to simulate as well

[broken thorn]

simulation is only to make debug easier

i had all the cases anyways

i just incorrectly assumed they were all /1024

when it was /512,256,128

[safe trout]

quite a large number 🙂

so ive been borderline at a lot of places

[broken thorn]

borderline?

personalit disorder?

[safe trout]

lol

last year i had 3 final round superday things

got rejected from them

although it felt like i was on the cusp sometimes

how do i get better

[floral locust]

Where?

[timber quartz]

R u swe or trader or qr?

[safe trout]

last year finals were with JS IMC Optiver trading, rejected

im thinking tho i wanna do QR instead of trading

but the interviews are probably roughly the same in difficulty

[floral locust]

The MLE is reject so don’t feel too bad

[safe trout]

idk what MLE means

[floral locust]

Different skill set

[safe trout]

lol

[floral locust]

Maximum likelihood estimate

Most likely outcome

[timber quartz]

lmao

[safe trout]

maybe i shouldnt be a QR if i didnt know that

[timber quartz]

Eh do u take stats?

[safe trout]

never taken it, probably should

know a decent amount of probability and combo

[timber quartz]

lmao can’t believe u made it that far without a stats class

Actually impressive

[safe trout]

it was for trading tho, not QR

[floral locust]

U don’t need stats for js IMC optiver

[stark crow]

MLE

[floral locust]

U don’t rly need college math for them either

[stark crow]

Estimators

[timber quartz]

oh I’ve only taken the hrt one and they pulled out the hypothesis test

[safe trout]

yeah, a very clever high schooler would get hired probably

terence tao at age 13 would get hired lol which is kinda

[stark crow]

All my homies love MAP and MLE

[safe trout]

im thinking of taking stats next semester

[stark crow]

LMS L

[safe trout]

not sure if im gonna do undergrad or grad tho

i think undergrad is literally better which is kinda fucked

JS is chill

[broken thorn]

any suggestion stats classes if i dont have any at my school

[floral locust]

Just read esl

[broken thorn]

enlish as a second language?

[timber quartz]

Wait what school doesn’t have stats??? Also I’m a lowly swe so maybe not the best question for me

[floral locust]

Elements of statistical learning

[safe trout]

will an amazon internship help me get into QR?

[broken thorn]

it has a bunch of half stats classese but no dedicated stats

like discrete math goes decently hard into statistics

[timber quartz]

Any stats and probability for cs?

Usually those also go into ML if your interested in that

[stark crow]

Math department doesn’t have stats classes?

[safe trout]

amazon goes into ML??

[stark crow]

[broken thorn]

we have ML

[safe trout]

oh lmao im stupid

[stark crow]

And no prereq courses for that?

[stark crow]

They have applied science roles

[safe trout]

ML is basically stats

[broken thorn]

we have numerical computing

[safe trout]

basically what can i leverage a phd in math and amazon internship into lol

that i couldn't with one or the other

[clear grove]

lol better off starting with isl

[floral locust]

Yea probably

[long raft]

Pun intended? 😂

[rose holly]

i've only skimmed ISL but idt it's deep enough to do qr interviews

i think ESL is though

[broken thorn]

ESL vs green book vs blitztein and hwang

whihc do i do

[rose holly]

not like you need to read the majority of ESL or even a large minority

isn't blitzstein and hwang intro probability

[broken thorn]

is that different

[rose holly]

i feel like you could do a brilliant.org speedrun of probability

[broken thorn]

i just got recommended these 3 with regards to quanting

[rose holly]

and then do green book

[broken thorn]

i want QT btw

not qr

[rose holly]

yeah

blitzstein and hwang is 600 pages lol

just take a probability class at your school

that'll teach you the relevant stuff in a lower effort way tbh

[broken thorn]

i don thave one

like

[rose holly]

huh

what kinda school

[broken thorn]

AP stats literally does not have a course i can test out of

[rose holly]

?

[broken thorn]

like if i got a 5 in ap statistics i dont get credit for anything

[rose holly]

why does that matter lol

[broken thorn]

im saying thats how much we dont have a prob/stats class

we dont have one

except for discrete math

and upper level tangentially related stuff like thermodynamics and statistical mechanics if you are a physics major

i am, but i doubt that will cover enough stats for this stuff

[rose holly]

does your math department

[broken thorn]

maybe it iwill

[rose holly]

not have a probability course

[broken thorn]

it does not

[rose holly]

is your school t100?

[broken thorn]

t50 yeah LOL

[rose holly]

uh it should definitely have a probability class

[broken thorn]

its very wacky

[rose holly]

i'd bet like 10 bucks i could find one

[safe trout]

OHHHH YOU WANNA TRAAAADE?

[broken thorn]

ok i have one fall 23

but tats kinda sus because id be doing it after i start my quant interviews

what do u suggest i do to prep then @rose holly ?

[marsh flower]

trader

[floral locust]

to do well on trader interviews u just have to get a 🐒 🧠 , @rose holly and I are examples

[rose holly]

ok well honestly you have a lot of time

[rose holly]

this too

[floral locust]

u also def need a phd

[rose holly]

just read a probability textbook lol

you need phd to be swe or qr

[broken thorn]

wut

[rose holly]

you can become a trader in elementary school

[broken thorn]

i was

traded yugioh cards at recess

[rose holly]

you're set then

[broken thorn]

im wondering which one to do

gree, blitztein, esl, etc

[rose holly]

blitzstein is the only prob textbook there

esl is stats which is useless for most interviews

you can run through the green book in a week

[broken thorn]

do you think its the best textbook?

u said 600 pages, that sounds inefficieent

or should i be skimming the book

[rose holly]

it's inefficient but you have a year

[safe trout]

What about for QR? What do you need to study

[broken thorn]

theres gotta be an efficient way tho

like what if i just watch the lecture series of a prob course or somethgin

or skim the book or somethign

inefficiency implies there is an efficient way

[safe trout]

You wanna prep for trading?

[broken thorn]

yes

[safe trout]

Ideally there should be some quantcode thing

[broken thorn]

50 zetamac, ideally i get 60 or 70 consistnetly before i start again

[safe trout]

Or leetquant

[floral locust]

zetamac doesn't matter

[broken thorn]

lol

[safe trout]

A bunch of practice problems is probably best

But you need a good foundation in probability to tackle those

So reading textbook is probably fine

[marsh flower]

are we misleading them

i too shall join then

you need to take 500 level classes to become quant trader

@broken thorn mark joshi?

[broken thorn]

its ok i noticed they jokeing

i cant be the victim of gaslighting because i always grill someone when they say something i disagree with

[marsh flower]

https://www.quantquestions.com/questions/explore/

[broken thorn]

holy crap

i love you

[drowsy spindle]

This is a thing?

So from my understanding if you are really good with probability and stats you can have a shot with QR

what other skills? Curious

Intern *

Sure math in general too

[safe trout]

Not a thing lol

At least not a site

Can probably approximate it by just picking 3-4 probability/combo textbooks

And doing a lot of questions

Textbooks ranging from grad to undergrad

[broken thorn]

wtf does this mean

https://www.quantquestions.com/question/delta-range/

[dim spade]

it's the delta options greek

[floral locust]

0,1,-1,0

[dim spade]

need to know some stuff about options to do it

[floral locust]

Min is dumb with both positive and negative numbers cause idk whether to put smallest number or smallest absolute value number

[broken thorn]

i am buying otm delta calls?

i think they might go up one day

second pandemic means trillion bailouts to them

[dim spade]

it's just the values delta can take on lol

[broken thorn]

also if the gubermind increases pilot retirement age to 67 they have more pilots to use

so dont have to pay each pilot as much

[floral locust]

Retail flow in options are free money to trading firms

[broken thorn]

whats the EV on wsb degen gambling

i assume its lower than roulette wheel because u pay premium on volatility right

[floral locust]

You’re not paying that much

Roulette house edge is like 3%

Robinhood gambling is probably on the order of like 1-10 bps probably, not entirely sure if this estimate

[broken thorn]

ye its pretty small last i checkt

bps is very low isnt it

[floral locust]

This isn’t the reason

[broken thorn]

dont u have smaller EV as volatility goes up cuz market makers charge more

[floral locust]

Ur not paying a premium on vol tho

[broken thorn]

also is this something i should be expected to solve on the spot, or is ti a "classic" proabbility question like classic lc questions where u should know it https://www.quantquestions.com/question/first-ace/

oh ur not?

[floral locust]

Ur pay a premium on just being worse at pricing options lol

Generally during times of uncertainty you lose more in edge tho yea

[floral locust]

This question is p common but it’s nontrivial to solve the first time

[broken thorn]

bid ask spread is 10 bps regardless?

or is it also a function of how popular an option is cuz liquidity

[floral locust]

You can use a hypergeometric distribution

[floral locust]

No

[dim spade]

for the ace problem?

[broken thorn]

instead of asking u a hundred questions is there a good resource to lera n option shit

[floral locust]

Yea but u can also just use a simpler argument

[broken thorn]

ye stat trek makes all of these easy 😂

[dim spade]

easier way is to count the expected number of cards before each ace

between each ace* i guess

[floral locust]

U can just use some indicator variable for each non ace

Each has 1/5 chance of being in front of ace

So it’s just 48/5 cards expected in front since each card is independent

[dim spade]

+1 for the ace draw

[broken thorn]

oh thats coool

u got 5 buckets and 48 cards that arent aces

man i wish i could major in stats

any cheap palces to get a secon dbachelors

[floral locust]

This isn’t rly stats

[broken thorn]

state school

[floral locust]

It’s like intro prob

[broken thorn]

what do you call the type of questions asked in quant stuff

cuz thats like my favorite thing to do in life

[dim spade]

just pick up blitzstein and hwang and follow lectures and do problems

just like taking the class lmao

[broken thorn]

but i want to go in depth too

[dim spade]

u can go as deep as u want

[broken thorn]

like is there a 4 year degree where i just do this shit

for 4 years

[safe trout]

Formal probability is cursed

[floral locust]

Measure theory

[safe trout]

Like measure theoretic type stuff is stupid

[floral locust]

Borel set

[safe trout]

The way you define conditional probability is just ☠️

[floral locust]

Filtration 💀

[broken thorn]

how is it defined there

[floral locust]

https://www.stat.cmu.edu/~arinaldo/Teaching/36752/S18/Notes/lec_notes_6.pdf

Google

[safe trout]

You define conditional expectation as the unique random variable that satisfies the expectation of it is the overall expectation

So basically

It’s the stuff that makes conditional probability works lol

[safe trout]

Probability and combo gets a lot more clear if you think of stuff in terms of strings and words

[floral locust]

I never rly learned math my brain was just a hashmap of all the proofs and I just tested our different ones until I found a combination that worked for the exam

[floral locust]

sTaRs aNd BaRs

[broken thorn]

we learned it as goody bags instead of stars and bars in my class

i likke it that way cuz it makes me think of candy

[safe trout]

Well@you can do the ace problem that way as well

And it’s pretty informative

Doing a problem multiple ways

[floral locust]

What is ur field of math for grad school

[safe trout]

PDEs

[floral locust]

Rip

I took intro to pdes and dropped it

[broken thorn]

when is the last time you have seen an analytically solvable pde? classes you are TAing dont count

[safe trout]

I do those a lot

Laplacian eigenfunctions

Very computable

[floral locust]

It would’ve been funny if u had gotten optiver trader

Cause u get dumber doing that

[broken thorn]

huh

[floral locust]

Stare at screen

U don’t rly think that much

[safe trout]

I think the ace problem is fun to do in a cursed way

52! ways to arrange a deck

Then stars and bars for 48 different cases

Lol

[broken thorn]

oh do optiver traders just look for signals and then mindlessly execute trades?

[floral locust]

I can’t rly say stuff on what they do I just know that 3 diff sources have told me they’ve gotten dumber since starting optiver

[broken thorn]

tbh i wouldnt mind doin it for 130/hr anyways

[floral locust]

This is ft

[broken thorn]

ah

[floral locust]

Isnt FAANG similar to 130/hr?

[broken thorn]

nah i dont rly want to try full time for qt

i want to test waters with intern

[floral locust]

Intern isn’t rly a good representation of ft work

[broken thorn]

cuz if i dont like it or am bad at it i dont want to be fired in 3 months and stuck on a expensive lease

[floral locust]

Interning is much more fun than ft

[safe trout]

I’m not sure if I wanna do FAANG swe or qr

[broken thorn]

usually less, afaik u only get that high numbers if u have a quant swe competing offer or an internship return offer

[floral locust]

Have u tried for cit qr? They ask some p interesting questions

They also ask a lot about ur research

[broken thorn]

facebook will hit that range for top performing retunr intern, otherwise most ive heard is someone using citadel offer to negotiate google new grad to 265k

160-220k seems far mroe comon

[floral locust]

Don’t u work <40 hours a week tho?

[broken thorn]

oh u mean per hour worked lol

i assumed 2080 for both oops

[safe trout]

Cit qr no

I forget if I applied for that internship

Maybe I should

[floral locust]

yea cit qr are cracked

[safe trout]

Probably full at this point

Oh I was resume rejected lol

[lost stratus]

Does anyone know if domeyard is still operating as a firm

[broken thorn]

what the fukc

im not working for a company that asks this

although if they ask eurusd i check that every morning

[dim spade]

heard people gotten asked like what was the closing price of spy etc

[tall elm]

cant you just lie and say you have a quant swe competing offer

[broken thorn]

yes, but some companies ask for proof (like google)

[tall elm]

F

i wonder how long they'll take to get back to me

[clear grove]

lmao my friend got this

[floral locust]

Reddit hates cit

[broken thorn]

how amnt hours a week is optiver qt

[drowsy spindle]

so you are going cit or 2s

[royal forge]

😂

[nocturne estuary]

Guys I spent my quant money on a Porsche

IN ROBLOX

If you want quant to do ANYTHING else

I have no respect for you

Only reason to get quant is for the Roblox Porsche

Oh I don’t remember

Maybe

Went back to play roblox for the nostalgia

Good vibes

[final forge]

4%?

3.8 pog

[fleet oriole]

@rustic wind may I ask some questions through DM?

[next girder]

Probably the most popular class at harvard

Sm people Stat 110 or 210

[fleet oriole]

Radix

[tardy steppe]

wdym

[tardy steppe]

how?

[floral locust]

talk w/ recruiters and be an intern at a quant firm

[floral locust]

i did my phone interview while crossed

[tardy steppe]

is this for all firms?

[floral locust]

no

[tardy steppe]

which firms specifically?

[floral locust]

cit

no

cit was separate

the recruiters selected a small group of qualified students and skipped them to final

[tardy steppe]

how do they know theyre qualified?

bruh how?

xd

[floral locust]

intern at js

[tardy steppe]

they must be cracked

oh so since they previously interned at a big quant firm

they just skip to final?

can this also apply to other good quant firms?

[floral locust]

idts

it's fine most phone interviews are freelo anyways

[tardy steppe]

just js?

still gotta prep

[broken thorn]

is this slang

ehat does crossed mean

u drunk? 😂

[floral locust]

drunk + high

[broken thorn]

weed? that sounds difficult

or was it a stimulatn to cancel out the alcohol

[floral locust]

i forgot i had it when in vegas

[broken thorn]

oh lmao

[floral locust]

y

[broken thorn]

you dont "need" a quant job. need is a strong word. i NEED to get laid

[stark crow]

yes you do

[floral locust]

what happened to cit

[stark crow]

https://tenor.com/view/google-logo-meme-animate-logo-google-gif-24209368

ofc

super wide range of interesting problems to work on

compilers, kernel work etc

some of the smartest people I know work on database systems

courses for stuff like compilers and os. i really liked discrete math and compilers was a natural extension for that

same for databases and what I mentioned above

compilers is kinda like applied discrete math LOL

[neat junco]

ts for sure

[stark crow]

or theory of computation or whatever course your uni might call it

[neat junco]

prob no

[stark crow]

what is 2s swe offer rn

historically for cali goog's been known to do 300k

but they decreased it recently

[neat junco]

idt google will do 300k now

especially they had layoff

[stark crow]

some recent seattle numbers are like 260k-270k

[neat junco]

btw has anyone else interviewed with 2s for ng swe role but hasn't heard back after final bq

been 8 weeks since my final rounds and no formal updates since then

only hr saying smth like feedback was positive etc.

[stark crow]

@forest cobalt (discrete math being a prereq for this)

[royal forge]

Interesting

feel like 2S is harder to get

True, but it might be easier to go from 2s to G than G to 2s

[rose holly]

2S is Google of hedge funds

I am not even sure that I have ever heard a trader working at 2S, only SWE talk about it

But personally I would take it over Google considering that location is better, no Oncall, basically remote, slightly higher pay, less layoffs and not pip

[rose holly]

There is blind post about a staff offer where the recruiter said that TC negotiation are not going to increase the TC and they also had an Uber offer

[rough basin]

what?

isn't 2s predominantly engineers over everything else

dont even think they have traders at all

they have quant researchers but that's about it imo

yeh looking at the careers page already confirms its engineering focused

[floral locust]

i just know there's some 2s swe tiktoker and her wlb seems niceeeeee

[rough basin]

dont have personal friends there but from reading online it seems quite nice to work there

[hallow shoal]

is this new?

[stark crow]

Cit and meta

[tulip sapphire]

he means that QRs are the ones who find and generate alpha, they are closest to the money so they will make the most

[tulip sapphire]

any place that puts that much effort into having a good wlb outlook is probably good tbh

[nocturne estuary]

Yeah they posted on their LinkedIn

[fringe flint]

Taking citadel OA today what language should I use

[drowsy spindle]

for swe, Dropbox v 2 Sig v Schonfeld?

[obtuse flame]

I wouldn’t consider Dropbox personally, remote culture aint for me

[royal forge]

python

[round mirage]

will cit reject for a bad gpa?

[stark crow]

yes

[round mirage]

they sent me an interview request

but asked for my gpa

i can't imagine they would reject at this step right?

[floral locust]

they might

[tulip sapphire]

^

[round mirage]

thats tuff

[broken thorn]

i have a question

at this step is there any way lying about gpa/forging a transcript is negative ev?

if they reject for gpa either way

whats the incentive to tell the truth

[vernal hornet]

u fail background check

[rose holly]

It's the same in tech

A sales rep makes a massive contract and the bonus is 2x eng pay. Why do you care that someone else at the firm gets paid more? I'd rather focus on work environment and my salary

[tulip sapphire]

Hmm I don’t think you’ve ever worked in quant because it’s actually very different

There’s like people who are making money and then all the support people are just costs in finance

There’s a lack of respect if you’re further away from the money generating source

[rose holly]

At 2sigma or at Goldman Sachs? It's not like they throw you bones lol at 2sigma

[long raft]

Calculated GPA wrong 🥲… because your country does not have GPA and you don’t unterstand the GPA System 😂

[tulip sapphire]

Someone on d/csmajors sent this the other day https://www.efinancialcareers.com/news/2022/10/hedge-fund-quant-pay

And they said that 2s’ returns are not up to par with competitors

I definitely wouldn’t call it the google of quant, apparently a lot of 2s investors are pulling out which means they are doing very bad

[rose holly]

Google of hedge funds was an insult lmao

I said that because they rest and vest too much

And they have like senior management from Google

[tulip sapphire]

Yeah also their intern pay all and all went down this year from the previous and tbh their pay is kinda pathetic for both intern and ft; it doesn’t even hit 400k ft and 100k signing means you won’t ever see that much again — I hear your 2nd yr TC there is often significantly less than your first

And the people I talked to actively voiced concerns about how bad they were doing 💀

But I think they probably have the best exit opportunities to tech

[broken thorn]

are you guaranteed to fail background check? @vernal hornet @slow bear

i am not gonna do it this is kust hypothetical

cuz blacklist is not a net negative if theyd reject ur gpa either way

[vernal hornet]

blacklist = permabanned

an extensive background check will check transcripts

but some only check criminal record

[broken thorn]

gpa is also permanent

i hear citadel gpa screens mid career people too

[vernal hornet]

there are other firms u can apply to that’s not citadel

but u can lie and test it out

[broken thorn]

do companies tell others about blacklists

[long raft]

I mean there is a chance that recruiters Jump companies. Like if you burn yourself That Bad they might remember you and you will be screwed. This is why you should always think Long Term, be honest, Not a dick and Not burn bridges.

And there is a saying “you always meet people twice in life”

[floral locust]

recruiters probably won't remember you unless u do something quite unique lol

[long raft]

Yeah I mean like really unique thing. But it could be possible that they stand up for you in the hiring manager Chat and than you did smth dumb

Idk but yeah I meant doing something really really dumb. And this Sadly sometimes happens

[long raft]

Don’t know. But I don’t think that is something Bad 😅 you just Applied for positions

[lost stratus]

did you try searching this server?

[quasi orbit]

Why does millennium get such a bad rep lol

for SWE esp

[broken thorn]

palantir seems like cool choice

i know of someone who took fb over akuna swe

hold on let me ask a friend if quant dev is as shit as swe

swe at akuna is wack tho from ehat ice heard

by shit obviously ur cracked and cant go wrong

[hexed summit]

ya lmk! thanks

[stark crow]

I would’ve taken akuna if I didn’t have better offers. Good entryway into that sphere if you’re interested

You’ll have plenty of firms interviewing you for FT if you do go to Akuna (from what I’ve seen from my friend at least)

If you’ve already got big tech on your resume I don’t see why you shouldn’t try Akuna

[safe trout]

How can I better prepare for qr interviews

[broken thorn]

he doesnt know

tbh id just do it tho cuz internship and qunat and u already have big teq

[abstract reef]

has anyone done the edgehog take home project

[lost stratus]

is this for swe?

[floral locust]

Cit is meta

[abstract reef]

nah for trading

[lost stratus]

what does a take home project look like for a trader role?

[abstract reef]

you get market data and questions based on that data

[lost stratus]

what are the differences in how a resume is looked at for swe vs qr/trader roles?

[drowsy spindle]

Yea same it’s tricky

I was really leaning to schonfeld unless I get 2 sig but I hear that the numbers are not what they seem after first year ft

[quasi orbit]

miami so cool tho

[drowsy spindle]

Yea that’s true
But seems like the base drops and you try to make up with bonus

[burnt reef]

For those who've worked at both tech companies and HFTs, what would you say is the biggest difference between the two in terms of culture/WLB? How stable is a career as a HFT dev and how difficult would it be to switch to a tech company from a HFT?

[obtuse flame]

HFT WLB is pretty much guaranteed to be worse

Unless you get a bad team and do 996 at a tech company

[quasi orbit]

I mean for internship

Seems like a cool summer

[rose holly]

has anyone here done two sigma final? i have one coming up

[long raft]

Miami im Summer must be really cool 😌

[rose holly]

Anyone has insight about headlands (trading)?

HRT isn't planning to hire many new grad this year, they overhired interns and grads in the last two

[drowsy spindle]

Oh yeaaa

If I go for schonfeld I will 100% be enjoying miami

I used to live there I love it

[drowsy spindle]

Yes