quants-n-traders

[next girder]

I know many people w offers or jobs at hrt, 2sigma, citadel, akuna, jane street that left to do a phd.

[floral locust]

Oh I wasn’t questioning decision just clarifying

[next girder]

Im js its common

I was surprised by how common

[floral locust]

Ah nice I interned there this summer

[grand crater]

I’m tryna sell myself as tryna apply NLP techniques to trading

Lmfao

[floral locust]

A lot of people left optiver after 2020 to grad school

[grand crater]

Don’t know how much they’ll care

[floral locust]

Since marbles went up like 4x relative to 2019 lol

[grand crater]

Yoloed a radix email too with a project idea 👀

[floral locust]

Any response?

[grand crater]

Nah been 2 days only

[long raft]

Actually I think there is Potential in NLP for finance. Like I am not an expert but I figure there is more to use than sentiment etc

[grand crater]

Anyone have any idea their reply timeline?

Or total shot in the dark lmfao

[floral locust]

Probably correlated with interest Lolol

Mine was a few days

[grand crater]

I’m also mad late to all this I just started applying thursday to internships💀💀

[long raft]

If it doesn’t work out just start with your own company. Xidar 😎

[zenith maple]

Ngl quant firms would be fucking stupid if they didn’t do anything w NLU and information feeds

Idk anything about trading though maybe im an idiot

[grand crater]

you guys know how long two sig takes to reply?

And if a referral does anything

[floral locust]

In expectation infinite time

Lolol

Js and cit are quite fast

Hrt is p slow

[long raft]

Hahaha i Applied August and still have “under consideration” 😂😂 Looks like they don’t reject when you aren’t worth it 😦

[grand crater]

Bloomberg (Ik they’re not a quant firm) is hiring for NLP psychotically

[zenith maple]

Neat to hear

[long raft]

How do People Even get funding For such Crazy projects?

I mean For me as Long as I can work on interesting Projects and the Company can benefit from it I am happy. 😂
But I don’t think the funding entity won’t see it the same way 😂

[broken thorn]

why does w and v morph into each other?

they seem to be more distinct than somethign like v and f

[stark crow]

retired

[broken thorn]

and w seems closer to someting like the ph from greek

[broken thorn]

soemthing like parsing news article for if its bullish or bearish?

[floral locust]

Text to speech for otc broker trades

[grand crater]

yuh but optiver QT was for ppl graduating 2023-2025 so i fit right in

QR needed ppl graduating in 2024 hahaha

i graduate 2025

two sig im doing ai research scientist intern

[clear grove]

relaxed usage of the word "cool" lol

what did you get for a5

290?

smh changed it from a1 to a5

im pretty sure its >= 290

did you manage to prove it?

yeah me neither lmao

i think its a parity argument right? alice wants to break evens into two odds and bob wants to keep the number of odds or something

idk

allegedly a moper got 291 but im not sure how

its just 2d dp right

err one row for alice, one row for bob right?

oh then yeah

[royal forge]

that was a HW problem in our algo class

😂

[clear grove]

@forest cobalt ```python
import sys
from functools import cache

sys.setrecursionlimit(10000)

@cache
def alice(n):
if n == 0:
return 0
if n == 1:
return 1

res = -float('inf')
for i in range(n - 2 + 1):
    res = max(bob(i) + bob(n - 2 - i), res)

return res

@cache
def bob(n):
if n == 0:
return 0
if n == 1:
return 1

res = float('inf')
for i in range(n - 2 + 1):
    res = min(alice(i) + alice(n - 2 - i), res)

return res

print(alice(4))
print(alice(2022))

2
290

[floral locust]

what's default recursion limit?

[clear grove]

probably not intended, but i think you can brute force the proof for A5 with induction

induct on k where P(k) is that you know the optimal values when the number of tiles is {7k, 7k + 1, ..., 7k+6}

each of which has 5 cases on where you place the tile mod 7

[clear grove]

and i only think this works because OPT(n) + 1 = OPT(n + 7) maybe?

no

but theyre mostly on aops

did you t500 last year?

[clear grove]

should be

[quasi orbit]

millennium vs two sigma vs schonfeld?

[obtuse flame]

Two sigma for me

[quasi orbit]

whys that?

their salary is all kinda similar from whaat i can see

[royal forge]

has the better talent compared to other two options

[broken thorn]

where are putnam questions

[obtuse flame]

WLB and culture is good there

[broken thorn]

posted yet?

first question doesnt involve 2022

literally unplayable

[quasi orbit]

arent they bigger than both two sigma and schonfeld?

[clear grove]

you know a5 proof is fucked when no one's posted on aops

[broken thorn]

for a1 how do you know what an arbitrary curve like that makes? u substitution or soemthing?

and then rewrite ax+b as sqrtx?

[clear grove]

it's not arbitrary they give the defn

[broken thorn]

i mean arbitrary as in a random function they give that uve never seen befote

like fuckin 2x/sqrt(ln(x+4))

how do u approach graphing that

or just ln(x^2+1)

[clear grove]

derivatives

[broken thorn]

how do you graph something using derivatives?

[clear grove]

have you taken calc

[broken thorn]

yes

ok so derivative would be something like this right

2x/(x^2+1)

[clear grove]

yes

it's useful to know the second derivative too for concavity

because it looks like lnx mirrored with a concave up bit

[broken thorn]

sketching a graph isnt very rigorous so i probably stuck. also my intuition is saying there should be uncountably infinite ordered pairs since theres an uncountably infinite num of derivatives

[clear grove]

yes

if magnitude of a is geq 1 then any b works

[broken thorn]

and i assume at least some of the a,b that intersect only once is from tangent line

[clear grove]

yeah the other cases you consider in between tangent lines

[broken thorn]

so idk how to do all real solns

wait

give seco

for fucks sake

real and rational are different

[clear grove]

just like algebra bash

[broken thorn]

nvm i could perhaps solve

[clear grove]

yes that doesn't matter

yeah derivative of curve is within \pm 1

[broken thorn]

why cant a be big number

i did not expect this

the graph is wacky

[clear grove]

^

[safe trout]

A5 is really that hard?

im not saying its easy, but from skimming it looks like its doable given concentrated thought

am i missing something obvious?

[clear grove]

determining the value is quite simple, coming up with the proof is much harder imo

[grand crater]

passed 80in8

zapN time now

[safe trout]

Yeah looks like the value should be in the neighborhood of like 400 or so

Maybe 403 or something

Or 404

[clear grove]

no it's 290

[safe trout]

Oh why is that? My thought was Alice always tries to create a gap of 1 on her turn

[clear grove]

yes and Bob does a gap of 2

[safe trout]

Oh yeah haha

Alice always has to place at the end

Or keep placing I mean

[royal forge]

<@&868936794601828492>

[plain river]

Haram

[scenic bison]

So not halal mode

[weary path]

Hey, whats a reliable source for quant compensation numbers? Levels mostly only has SWE stuff.

[floral wyvern]

ty

[scenic bison]

You can change at the top left

To trader salary

[weary path]

yeah and for example there are no entries on HRT. 😦

[scenic bison]

Rip didn’t know that

[weary path]

maybe i can just ask here: How likely do you think one can exit as a QR from imc to hrt and is it even worth it if one values <40h work weeks?

[last herald]

QR at HRT is still <40 hrs week, at least from the one QR I know

[bright flame]

everything is team dependent

data points are just that -- data points

i guarantee you there are QRs at HRT on diff teams working 80hrs

[barren steeple]

blind mainly

[next girder]

I heard hrt is pretty hard and you work like 8-5

[floral locust]

It’s no 2s

[subtle pumice]

Does this around match the difficulty of Optiver 80in8? https://www.tradermaths.com/math-tests

for hard

Are people actually calculating -1971.97 / 77 in <6 seconds 😭

[fast gazelle]

i can do it in 2 seconds and optiver said i suck

[floral locust]

this is much harder

[obtuse flame]

It’s not that hard iirc

Honestly that’s the chill one

Those games are the harder ones for me 💀

[broken thorn]

https://rfqjobs.com/practice/math/optiver-test/

its basically just this but multiple choice

also i think they have an extra type not shown here

like 50/x=23/6 or something like tha

[subtle pumice]

o thank god

[subtle pumice]

can u actually

ur built alternatively

[broken thorn]

decimals and fractions never are mixed in questions afaik

[swift bloom]

anyone done JS RDP final?

[fiery brook]

anyone know how seriously de shaw takes references? is it a big deal or is it to just check im not dogshit

[fiery brook]

damn 😢

are they rejecting because of the references or are they rejecting at the reference stage (maybe no team wanted you for a variety of reasons)?

[white haven]

They don’t

Yea

[lost stratus]

https://Ansatz.capital

[spare rover]

Replying to an old comment here, but Cit GQS has a team that’s focused on this. Can’t say more b/c NDA but I can put you in touch if you like. Caveat emptor re: Citadel, of course.

[spare rover]

big big deal for them. Same with the writing sample and code sample (maybe just for SWE—not sure what you applied for). I have a friend who told me that his references got grilled really hard about his performance, asked questions like “is X in the top 3 SWEs you’ve worked with”, and got rejected after

[nocturne estuary]

That’s so annoying

These firms are weird

[languid chasm]

what are the best ways to study for OA and just the interviews in general. I've just been studying leetcode and things like that but how do I cover the math stuff? Also I find that in my experience the coding questions they've asked always are math heavy

[final hawk]

anyone taken a Quantitative reasoning test?

[white wave]

Have an offer at a big series b startup. Have a final round at marshall wace soon. Was wondering if it would be worth to potentially take marshall wace over the startup, if im aiming for quant next year?

[rancid spoke]

Depends what startup

[long raft]

Hey I have my final Also soon. Can i dm you?

[long raft]

If you find smth please post ❤️

[spare rover]

I know someone who got Jump SRE @ 200k gbp, and someone who got JS SWE @ 350k gbp. Not sure of any numbers for QR/T, but that should be a lower bound.

[sand heron]

For people aiming for QR roles, where do you study/prep for statistics questions ? I only find books/websites about brainteasers/probabilities questions

[cedar oriole]

harvard stat 110

[rancid spoke]

Is citadel still hiring for swe?

[long raft]

I assume this is all in (Base + projected Bonus )?

[feral topaz]

Hey guys I have a q for those more experienced amongst you, which offer would you take?

1:
Amazon Web Dev

9,138/month + 1,875 post tax relo (I’d live at home so free money) adding this for easier comparison:
(After relo and salary, comes out to roughly $62/hour)

SIG:
67/ hour + 10k sign on bonus
(Guaranteed 5 hours overtime, people said it averages to 90/hour for the summer)

I’m torn because Amazon has much better name recognition for my resume and they’re both internships so that is important. However, I really want to experience non-web dev related work because that’s what my last internship was and while I enjoyed it, I’d like to see what else CS has to offer. Overall, I can’t make my mind up so I’m hoping some of you quants can weigh in as you’ll have a better idea of SIG’s value.

[hallow shoal]

no way SIG is 5 hours overtime per day

even then thats like saying you work 14 hours a day?

at SIG?

thats 8-10 ?

oh i read that wrong

oops

(Guaranteed 5 hours overtime, people said it averages to 90/hour for the summer) I read it as 90 hours per week

LOL

😂

[feral topaz]

Yes but the 5 hours per week would be paid at 100.5/hr

Web dev basically, I had my org looked up by ID and it was web dev

[hallow shoal]

45 hours is normal

[feral topaz]

It’s zon retail

Not yet

But I highly doubt it’d be web dev considering the company

So I have final interview tm

I’m just trying to get my choice should I get offer

Likely C# as I have a prior internship in it

But I might ask for c++

Yeah that’s what I’d want for sure

Why so strongly tho?

[hallow shoal]

get the offer first

then think about it

[feral topaz]

Paid more?

[feral topaz]

Well I was trying to get opinions ahead of time as some channels on here are hard to get responses

[hallow shoal]

fair

what did you do last year

[feral topaz]

Web dev at a small shop in C# DOTNET and AngularJS

And MSSQL

Not that small but I doubt anyone has heard of them, but I didn’t hate the web dev I’d just like to see what other stuff is like before it becomes harder to transition

[hallow shoal]

SIG is not a small shop

Maybe for SWE

but like not small lol

[feral topaz]

No I know

I’m talking abt last year

But I take it most of y’all are saying sig!

?*

I’m pretty sure that’s what I’d do

[hallow shoal]

yeh i would take sig

seems cool

[thorny gate]

has anyone gotten asked to prove algorithms with induction in SWE interviews

i got asked at a firm and flopped

[lost stratus]

What firm

[scenic bison]

ive heard of someone getting asked this before, forgot what company but

[spare rover]

DESCO asked me for a lot of proofs. I'm a math major so that might be why, but I feel like they would've asked nonetheless

[hallow shoal]

what does DESCO stand for?

[floral locust]

de shaw & co

[hallow shoal]

ty

[brave spire]

did anybody interview for akuna quant trader full time? didn't really get anything from search

[barren steeple]

hi @burnt reef

hi me @celest dawn

[spare rover]

Yeah I thought so too. A lot of decently complex math too—my resume said I’d taken a lot of algebra so I got an interviewer who asked me a lot of algebra questions

Obviously wouldn’t be relevant to the role, but just to get a sense for how I think mathematically. I thought it was a lot of fun, got a good vibe from the place overall

[broken thorn]

which one if u rember

i see

[clear grove]

lie theory?

[barren steeple]

damn thats fucked lol, i havent done any math at all in college

getting asked math during a swe interview would be super hard for me

[scenic bison]

Citadel is an elite fund. Everyone you’re with is Harvard, Stanford, Princeton folks. It’s best to work among trust fund folks and they will help you be a part of that in the future. They use summer as a verb and you’ll be introduced socialite families. Amazon you get a ton of ok specialist UW folks. Nothings wrong with UW but how many Fortune 500 ceos come from uw and how many come from Harvard and Stanford.

Prestige is always better.

yea lol blind comments

whats wrong with amazon

so true

[spare rover]

Why do folks like databricks so much? Their reputation is so strong on Blind that I was surprised by how low their ng offer was—it didn’t even beat FB or Roblox, which have worse reputations I feel

Plus they’re private with a dubious valuation, and the double trigger clawback is kinda sketchy. Not sure whether comp used to be better—I know folks who joined 5yr ago are all (paper) millionaires atm

[weary path]

gresearch is 200k base for QR and discretionary bonus on top (which depends on performance), my friend works there.

[long raft]

Yeah For Quant they pay really Good but what about swe 🥲
I heard it’s Not Even 50% of That Quant Research Base 😦

[weary path]

tbh would take the base pay cut if it would mean i don’t have to sign a 1year non-compete 😂

[long raft]

I think it’s the same non compete

[rose holly]

Idk about QR but I think for SWE, they care a decent amount. I think out of all the NGs, most have like 3+ internships with at least one in quant and/or FAANG. But yeah, I think getting past screen at Radix is just a linear combo of school, GPA, and experience. Sorry for necro-ing, meant to reply to this a while ago lol

[tulip sapphire]

i heard their bonuses are not the best even if youre coming up with good signals

😢

[weary path]

gg didn’t know. Then def not worth 😂

[long raft]

https://www.bloomberg.com/news/articles/2022-12-06/xtx-markets-founder-alex-gerko-builds-6-billion-fortune-on-trading-boom

[clear grove]

you gotta factor in they have a chief barista 😂

[long raft]

Do they also offer Hot coco?

[faint moon]

I didnt believe when they said golden handcuffs

[lost stratus]

Are you in their process?

[barren steeple]

ehh google hires like 700 or so swe interns a year, while amaozn hires over 10k

[floral locust]

Ok fine

I like this one

[lost stratus]

does anyone here know anything about tanius technology?
( https://tanius.com )

Have an interview coming up but not sure what to expect

[potent hatch]

Anyone know how long it takes to hear back after hrt final

[lost stratus]

What is wh

[scarlet vine]

Anybody know 2s QR salaries?

[floral locust]

yea i'll dm

[lost stratus]

correct

theres barely any firms in public lists and most already resume rejected me so I'm looking for others,

but idk if this one is obscure.

all i could find are some teamblind comments sayings its near jane street level but idk how true that is

why is that funny?

i don't have the experience for that yet

[rose holly]

Joining that kind of firms as a new grad swe is idiotic

[fleet oriole]

^ agreed, probably better to join big tech (FAANG+) and then try to switch into quant SWE than joining unknown quant firms

[rose holly]

They have significantly less upside than working in a tech company if you aim to exit to a better trading firm

Not even big tech

Any tech

[fleet oriole]

Na he said he wants SWE

[rose holly]

Definitely false. Just asked this guy who works at a consulting firm who specializes in moving talent into and around quant (he recently placed HRT's head of options) and his words verbatim are "Tanius isn't competitive on compensation."

Literally " how to get into an unnecessary non compete "

[lost stratus]

do you have any numbers?

[rose holly]

Yeah I can ask but this is a guy that pretty much knows the industry inside out

[floral locust]

the shorthand term is probably a headhunter ur describing?

[lost stratus]

how do you know / intially meet this person?

[floral locust]

most of them reach out to u on linkedin

they're incentivized to help u cause they get like 10-20% of first year TC for placing u succesfully rofl

so it's their job to find people lol

[rose holly]

Yeah but this headhunter knows way more about the industry than other headhunters I've connected with. And this guy specifically told me to ask him questions about the industry, like firm performance and etc. Most other headhunters I connect to just tell me that they want to set me up with a company

[floral locust]

interesting, i might have to use u as a middleman in the future when deciding 🤔

[rose holly]

Like this guy didn't even headhunt me for a specific company or a set of specific firms. He just wants to keep in touch

Yeah I call him the oracle because he literally knows everything about every firm

Lol

[hallow shoal]

:0

[rose holly]

Lmao

[rose holly]

Tanius 250k lol

Btw that happens all the time

[lost stratus]

like un negotiated new grad? or is that like a standard offer

[rose holly]

It's not like this headhunter is doing something extraordinary different than usual or leaking alpha

Oh yeah ofc not but I've never been contacted by a headhunter whose immediate goal was not to get me interviewing at a firm

[rose holly]

It's their starting offer before nego. I doubt they'll go very high lol they fail the Roblox test

[floral locust]

did he have a high opinion on radix?

[rose holly]

Yeah I think he only connected with me because I'm incoming Radix

[hallow shoal]

post HRT

and you will too

[floral locust]

the radix recruiter said they were probably full but he'd talk to ceo just in case so fingers crossed ig lol

[rose holly]

But yeah very good opinion about Radix. Also spoke very highly about Headlands but mentioned that WLB there is horrible

So that confirms that

I can't find system engineers people on LinkedIn at Radix

[hallow shoal]

which places have the worst WLB

[rose holly]

Is it a new team?

[hallow shoal]

tea pog

[rose holly]

I have literally seen a single Trade Operation engineer in total at Radix on LinkedIn

Asked about Cit. He said WLB there averages 55 / hr but high variance, with ops teams like Post Trade Engineering tending on the worse side, which is consistent with other stuff I've heard. Cit/CitSec autofire is also only 5%-10%, which is less than the 15% number I've heard

[floral locust]

anything about jump?

[rose holly]

DE Shaw comp is 400k but going forward will be on the lower side. This is consistent with stuff I've heard about them being past their glory days

[rose holly]

Also GQS is bad WLB but best team on hedge fund side, which checks out

[hallow shoal]

autofire? Like they get ride of 10% worst every year?

[rose holly]

They got fucked relatively hard by FTX because they're really invested in Solano and other FTX-related coins

[hallow shoal]

Jump Crypto

[rose holly]

HRT is not doing nearly as bad as some rumors say. They are building out a semi systematic arm (like I said, this guy just placed their head of options) because they are doing good enough. They did have a rough quarter recently but it wasn't that bad

[floral locust]

jump is also moving semi-systematic right?

[rose holly]

3Red TC is like 300-350 for quant dev

[hallow shoal]

mans got all the sauce lmao 😂

[rose holly]

And JS, Radix, HRT is like 500-600, which checks out

[rose holly]

Idk I didn't ask too much about Jump

[hallow shoal]

you going to radix right?

[rose holly]

Yeah

[hallow shoal]

Technologist?

Why would a headhunter reach out and give so much info if you placed already?

[lost stratus]

what is the roblox test?

[hallow shoal]

just curious

[floral locust]

it's good to know all the smart people in the industry lol

[hallow shoal]

lol fair fair

[rose holly]

Oh lol it's a joke. I say that a quant firm must lie strictly beneath the Pareto optimal surface of firms to work at if they pay less than Roblox lol because Roblox would have them beat on TC, culture, and WLB

[rose holly]

Yeah

[floral locust]

pareto dominated

[rose holly]

Oh yeah that's the term lol

I'm a programmer first, math person second lol

I could never do QT/QR haha

[lime flume]

anyone know if drw calls to reject

[royal forge]

is posting actually worth

feels so cringe

[rose holly]

@fast gazelle

[fast gazelle]

linkedin posts are cringe

[rose holly]

You can shitpost lol. I just copy pasted the entire Wikipedia page for Radix sort haha

And truncated it down to the character limit

[royal forge]

ur based af

[rose holly]

I had heard numbers like 60-80 so this was actually surprisingly low for me lol

These numbers are for quant devs. Ops stuff is slightly lower. All the trade ops people at Radix got a 450 offer

Radix and HRT are fully systematic at this point so no traders. I think quant dev and trader TC at JS is about the same, based on my friend who's going there FT

[floral locust]

🦈 friend

[rose holly]

Sooo sick

[floral locust]

cooler

what's your point

[rose holly]

Me?

Two Sigma is also Two Sigma though lmao. Best place to park your money if you want to turn $1000 into $1000, as was aptly put by someone in this channel

[floral locust]

oh im just repeating all the phrases

"soooo sick"
"cooler"
"whats your point"

[rose holly]

Oh damn I haven't heard that one lol

Only cooler and so sick

[floral locust]

"2x polar turn probe"

[rose holly]

Cit is 400 = 200 + 100 + 100

Idk if that's still less though lol

But I don't think you work at Cit to stay a dev there. Like you should go to cit either to move somewhere else eventually or up the ladder

[floral locust]

cit can nego 🚀 🌑

[floral locust]

there's quite a bit of variance between teams

did u hear back from the referral at all?

u also probably could've emailed recruiter lol

using the hack lol

[rose holly]

Yeah I choked onsite lol. They asked a brain teaser and I thought it was algo question haha

[floral locust]

they upped it

[broken thorn]

im famous

[rose holly]

lol I love that phrase so much shit was so funny haha

[floral locust]

rip dreams to be higher breadwinner

[rose holly]

yeah lmfao

[stark crow]

[broken thorn]

household tc and yoe: 1,000,000 and 0

[floral locust]

was it for hf or mm

cit interns get treated quite well i thought

certain swe intern teams are unfort tho

they gotta grind

[rose holly]

wait really? work more interesting or just working at the same place as bf?

[floral locust]

i've gotten blacklisted at similar firms for lighter things than reneging

gl

[rose holly]

LOL I've been starting to wish I did QR stuff or even had a quant dev role

always more fucking grass

[floral locust]

i just want to click buttons and lose money

gil said "he's glad he has a non-academic friend like me" lol

devops != qtechnologist ~= qd

[feral topaz]

How much does SIG SWE intern name help w getting past resume screen for hft ng SWE

Jw if they’re respected within HFT world

[rose holly]

they call all their SWEs quant techs but you can either be on the quant dev team or the tech ops team

[tulip sapphire]

hey ur giving them too much credit, assuming they can beat out inflation \s

[rose holly]

LOL

[broken thorn]

they cannot beat inflation, but they can beat deflation

[broken thorn]

expected value from the startup and expected utility from both sigmas

u get all the expectedness

[barren steeple]

can i get a two smegma referral

[floral locust]

idts unless it was post-nego

it's like 200/200/150 standard i thought

[rose holly]

All these roles are c++ heavy right?

[haughty crater]

Anyone here intern or work at HRT?

[long raft]

Welcome to the club. I admire people who are smart enough to do QR 😂

[long raft]

The only headhunters that connect with me ask if I want to join “a highly Professional international amazing Company with competitive pay and modern tech stack” and then it turns out it’s a super small Company That has Legacy Code that makes you cry 😦

[lime flume]

are there any qt intern/ft salary data sheets

that are accurate

[signal bloom]

CMU has one

[neat junco]

Any other tier 2 hft firms in nyc?

[neat junco]

Besides schonfeld and 2sig

[spare rover]

My friends with CS majors and no minors have never had trouble getting calls for QT/QR roles. Potentially relevant context is that I go to HYPSM, but that seems like a soft precondition for many firms anyways. I think double major vs minor doesn't seem to matter much.

[grand crater]

whats the consensus on voloridge?

one of the places i randomly threw an app to lol

[lost stratus]

Arnt they based in florida?

Do they have offices anywhere else?

[grand crater]

seems like FL only

hr just hmu for a call

is their process sadistic or nah

[grand crater]

💀

[lime flume]

anyone know what schonfeld swe salary for ft looks like

[lime flume]

That’s pretty shit no?

[brave spire]

Yo anybody get contacted by a firm called "JK Barnes" where they match you up with firms for hiring? I couldn't figure out why would they do this without having a cut in the process

[floral locust]

headhunters get paid a % of your first year TC by the firm for a successful placement typically

but it doesn't come out of your comp

[wheat isle]

I mean full stack at most companies is similar to core/backend

As far as pay

[broken thorn]

@floral locust my coworker who works on features for jane street puts them in the "snake oil salesman bullshitter" bucket (partly cuz of ftx alameda stuff), is that accurate? i assumed they were more just quant nerds

also was alameda like that at all?

[old shore]

who do you mean by "them"

sbf/caroline?

[broken thorn]

the companies

basically a company with a bullshitter salesman investment banker culture, which i didnt think was correct but maybe it is

[floral locust]

Idk

Their trading philosophy was p similar to js and sig

Also most of the traders were exp hires from notable firms so 🤷‍♂️

[broken thorn]

im asking about jane street specifically

basically are established trading firms more about trickery or no bullshit objective stuff

[floral locust]

Idk what that means

[lime flume]

well in terms of hft/hedge funds

i just got a drw offer tho

[broken thorn]

i think im having trouble explaining cuz i am converting it into something vaguer and less factually incorrect

actually lemme ask diff question. is any of js alameda etc customer facing?

if so how much

wanna swap NDAs

[floral locust]

They both do a lot of client facing stuff

[broken thorn]

tbh if i were higher up i could prolly tell u exactly what each trading firm was working on at the moment

[floral locust]

Because that’s where the good trades are lol

[broken thorn]

what is a client facing trade? i assumed js was just a market maker and held passive bids and asks for a shit ton of stuff

[floral locust]

U can also do otc orders

A large order will have marker impact if it’s placed in the nbbo

However if they go to like js they’ll get a better avg price

Since js knows the trade is less adverse

[broken thorn]

what is a sales trader tho? like would it be going to another fund or big shareholder and saying "we will buy/sell shit outside of the markets for x price

"

[floral locust]

Probably

[broken thorn]

cool

also whats nbbo

thanks for the answes

[floral locust]

https://letmegooglethat.com/?q=nbbo xD

[broken thorn]

thats very cool

also the website is broken last i checked

lmgtfy doesnt go to google

holy shit it works

[lime flume]

Qt intern

Ty

[quasi orbit]

Bruh take it

[lime flume]

Lmao walter ya I think I will

Altho I may have to renege 👀

[quasi orbit]

It’s fine lmao

if u wanna go QT much more worth

[lime flume]

Ya 100%

Intern total comp is 15k more and I get housing

[floral locust]

Where else have u signed,

It’s like 25 signing and 175 pro rated iirc

U can nego signing too which is cool

Bruh sig is high too

Also intern salaries shouldn’t rly influence ur decision that much lol

It just so happens that the cool firms u probably wanna end up at also happen to be shelling out the most

[shell gazelle]

Did you get SIG qt?

[long raft]

I think People slowly tend to forget about this 😅 I mean we all want more Money but it’s more important to learn smth and Build a Network.

[lime flume]

huhhhhhh explain pls 🙂

[floral locust]

if you have a relevant competing intern offer you might be able to increase signing

[lime flume]

oh ok

[hallow shoal]

how has the interview process been going? Any luck?

[floral locust]

me?

[hallow shoal]

yeh after almeda

[floral locust]

oh yea i have a few onsites coming up and some processes that are in earlier stages

[hallow shoal]

[broken thorn]

800 0 k

[lost stratus]

not for anyone

i only know radix can probably do like 650+ maybe 700

yes i believe that

[neat junco]

Hi can you share me the list of companies you interviewing with

Having hard time finding firms to apply to

[floral locust]

which role are you interested in?

[scarlet vine]

idk if id call it doable haha

maybe just barely possible

if you're cracked and have a lot of luck

[neat junco]

SWE/quant dev

[remote mural]

anyone here did headlands phone for SWE

[long raft]

I assume Full Time since they don’t offer internships?

[steel wedge]

anyone know if akuna can do 300k for 1yoe quant dev

[spare rover]

Interview was general cpp knowledge and LC medium

First call will be recruiter screen unless you’ve had that though

[remote mural]

yeah

[remote mural]

hmm, it seems my first interview is technical as the interviewer appears to be an engineer

no idea yet

[spare rover]

They’ll interview you until they reach a decision—they don’t have a set process

TGS is like that too, but much weirder because of the consensus thing

[plain aspen]

Lol that's not true lol I've been thru both loops and it was very defined

Fixed # of rounds

[scenic bison]

Idk the exact num but Ik someone that interviewed for around that many rounds

It was a lot lol

[spare rover]

I didn’t get offers so I’ll defer to you on that, but recruiters from both firms told me essentially that this year

[scenic bison]

I think I heard something similar, or that they all have to be 100% on giving you the offer

Some shit like that

[spare rover]

That’s what my TGS recruiter told me. I got the sense that headlands was similar, but the recruiter didn’t explicitly mention that they need consensus. Will again defer to @plain aspen as I didn’t get offers 🙂

[plain aspen]

Dave told you that? He be giga trolling you

[spare rover]

yeah DH

[plain aspen]

That's not true because it's 2 phones + 6 finals for everyone at TGS

[spare rover]

Lowkey Dave might have been trolling—he also told me that they haven’t hired anyone in three years, but I know someone who joined last year :^) maybe I’m just stupid

[plain aspen]

that's so cap lmfaoooo I know 3 people who joined last year as new grads

[long raft]

Do firms use That Kind of rumours to make candidates think the firm is super secretive and selective and you need to work hard to get an offer? 🤔😂

No saying it’s easy to get an offer, but just to make it seem more Special

[spare rover]

My HH told me similar things and I assumed he was overstating things because he has an incentive to—but tbh I’m really confused about what happened with my recruiters (DH and AM?) because they shouldn’t have any incentive to distort things in that way. Maybe I’m forgetting who said what

[long raft]

Wow you all mean serious business with having headhunters 😅

[long raft]

I mean it does make getting an offer more appealing when you know it’s super rare to get an offer and most people fail But you didnt

[floral locust]

wut

im unemployed im on here anyways

i just finished imc final tho so i might not be offerless

the question entirely comes down to how sped they thought i was in behaviorals

aquatic has merch?

f i should've grabbed alameda and ftx shirts before i left

[long raft]

You can sell them for 100$ each 😂

[floral locust]

how to remove cit logo on merch

yes

their lattes have cit logo latte art

[long raft]

I prefer the water bottles… most practical stuff

[scenic bison]

who is chaewon?

in math: my solution ➗

in history: my queen 👸

in art: my muse 🎨

in science: my oxygen 💨

in geography: my world 🌎

[floral locust]

third times a charm

if my grandmother had wheels she'd be a bike

[long raft]

Sounds like a really cool grandma 😎

☹️

[scenic bison]

☹️

[rose holly]

wait this is false. it's like low 500s. no one's getting 600-700 starting. where are you getting this information?

[floral locust]

Fu

[rose holly]

in that ballpark, 2 phone screens, 6 round onsite, then 1 round after onsite

[lost stratus]

I know a few people at radix said this as their offer but they were return interns

But also radix has been known to go that high in the past for high performing ppl

[rose holly]

for qr or qt?

[lost stratus]

Swe/qd

[floral locust]

Sold

[rose holly]

hm interesting yeah I don't know any of the returning interns, only the new grad hires

they only hire interns from certain schools for qt

[floral locust]

I’m @90 up to 10 lots that this is cap @rose holly

Did u ever get invited to the radix dinners?

[fleet oriole]

I was told they don’t have any traders

[floral locust]

Quant Technologist

[lost stratus]

I have only been invited to citadel and vatic events in the past

[steel wedge]

yeah it was so awkward

[lost stratus]

Why was it awkward

[floral locust]

vatic resume rejected me so fast

[steel wedge]

cause the radix engineer kept saying how his wlb was bad and the recruiter was trying to play it off

[obtuse flame]

I’m just imagining a grumpy husband complaining at the thanksgiving table and wife is trying to do damage control lol

How do they even play it off

[tough elm]

"this man is clearly trolling! this is just an example of our lighthearted and easygoing culture!"

[rose holly]

yeah I've seen their intern postings on harvard's handshake. I know upenn does also and I assume uchicago as well

oh yeah pton

no berkeley (and probably not ucla) for intern

I'm FT

I cold-applied via their website

no apparently they recruit on the west coast but super super low key

Curtis said he flies out every spring to chat with math phds and post docs at berkeley and stanford

but yeah it is very very lowkey

they probably lie and say they're juniors, no?

if you're doing 2s this summer, you should run it back next fall if you're really interested in radix

oh ig whether you're interested in radix really depends on which of those 5 you're actually going to lol

bayesian POV says Jane Street but in reality, I don't think it matters

but like I think I'd 100% take Radix over some, but not all, of those places

[lost stratus]

Which ones would you not take it over?

[floral locust]

wouldn't it be frequentist that it's js?

[rose holly]

like definitely take Radix over Jump and Desco but not 100% for the others. for the others, it would depend on my intern experience at the place

[floral locust]

since uniform prior means you pick js since it's the most frequent internship

@rose holly do u want me to doxx?

[rose holly]

HAHAHA mbmb coder moment

[floral locust]

ok aperture

pdt is filler yea

filler episode

[rose holly]

I have heard everything there is to hear about PDT from "it doesn't pay that much" to "it's insanely good" so I have no prior for it lol

[floral locust]

my take is that their qr is quite good but dev isn't too great

aperture probably knows more tho

[rose holly]

yeah this is what my EMA currently concludes lol

[floral locust]

jump swe intern seems p good for certain teams

[rose holly]

radix also scales to 7fig for dev. idk about js/hrt

[floral locust]

if this was las year jump crypto swe seemed p sick lol

[rose holly]

2s has actually somehow figured out how to brand themselves so well. you talk to people who don't really know the industry and they all think 2s is some insanely great firm

[floral locust]

2s marketing is top tier

when i didn't know anything about anywhere i thought 2s js were like the same

also joma tech's vid w/ his brother made 2s seem super sick

can imc be classified as a tech company?

[rose holly]

lol asked my oracle guy about rentec and PDT SWE and he also says that Rentec isn't a great place for SWE because "Rentec is (for the most part) a bunch of 50+ year old researchers. Culturally it is like a Physics / Math Department."

"PDT is not bad on the engineering side, but you are not driving PnL so it's a bit separated from the business. Comp at PDT is reasonable, but not high. Comparable to Shaw - they will pay fairly, but they won't buy talent"

yeah the PDT stuff checks out. I've also heard that they're not as tech focused so SWE there are mostly support staff

[barren steeple]

what do yall thinkk about quant firm pay falling/firms shrinking in size

in the future when they arent doing as well

much like they have all increasing comp and firm sizes significantly over the last few years

at least the big firm

big firms

[rose holly]

also, yeah 2s has been shit for the past 5 years because they grew too fast but they're actually having a good year so far. comp is shit ofc but you only have to go to the office 5 days per month lmao. per mr oracle

[floral locust]

why would banks know about 2s perf?

[lost stratus]

Does the oracle know anything about the firm kbit

[rose holly]

lol I don't think I'm gonna ask him about random no-name firms anymore. realistically, he knows he'd only place me somewhere like HRT/JS/TGS or something and when I asked about Tanius, he strongly recommended against me going to that type of firm lmfao.

or he was more or less just like "why do you care about them"

[lost stratus]

What did you say to that lol

[floral locust]

roflllllllll

[rose holly]

also, at this point, if Radix is your goal, you FAANG/brix/etc is gonna do you more favours than kbit or tanius type firms

[lost stratus]

What is brix

[rose holly]

a fair amount of incoming radix don't have prev quant experience

databricks

[lost stratus]

And i already interned at a faang

[rose holly]

I asked him about Tanius

idk why I put brix specifically but they just popped into my mind as that kind of company

like companies like stripe, roblox, waymo, etc.

those kind of vibes

[lost stratus]

So like big tech basicallly?

[rose holly]

yeah

[white haven]

how did u meet the oracle guy @rose holly ?

[rose holly]

he reached out to me on linkedin after I posted that I was incoming radix

[lost stratus]

@floral locust why delete

[steel wedge]

what does oracle guy mean?

[rose holly]

headhunter at a really successful headhunting firm that knows the industry inside-out (PnL, culture, comp, comp growth, key people, literally everything about every firm)

[tulip sapphire]

wait they do for penn generally? i thought that was just an M&T thing

[floral locust]

Penn gapped 😩 @rose holly

[lost stratus]

Did he say anything specifically about tanius? There has been some people that work at tanius that previously worked at good firms and some that left to some really high performing firms that run under the radar (interviewed with some people) so im not sure what is so bad about them

[floral locust]

#quants-n-traders message

[rose holly]

Idk but one of the incoming quant tech interns is UPenn

[lost stratus]

I meant besides that

[rose holly]

FTX/Alameda is ex-JS, Two Sigma is ex-DESCO from their golden age, Akuna is ex-Opti. Just because a place has ex-top-quant doesn't mean they're good

Tanius is 12 years old paying 250k. Headlands, Radix, Aquatic are all younger, doing around double those numbers

[lost stratus]

Oh someone in the other server said to look for people moving their from other firms so i thought I should mention it

[rose holly]

Nah I think all roles

[obtuse flame]

Yes

[rose holly]

Hard to say for sure but I'd lean yes

[floral locust]

Jump in particular likes UIUC a lot

[lost stratus]

Is tc / age the only thing relativly bad about the firm?

[rose holly]

Sure what do you want to know about which firm?

[floral locust]

Technically speaking my alameda offer was good 🤣

[steel wedge]

anyone know if akuna can do 300k tc for quant dev 1yoe

[rose holly]

Yeah but those two factors are really bad. 12 years old failing Roblox test means that the firm has never done great and probably will never do great unless fucking Jesus Christ himself starts as a QR there next week

[floral locust]

There’s not that much overhead in studying for qt interviews anyways imo

So might as well try next year

[rose holly]

Oracle said it's still lower than desco

But that's promising

Yeah Aquatic is probably the farthest from "around double" but they're 3 years old dishing out those numbers which means they're doing really well and they're optimistic about their future

[tulip sapphire]

i told you it was 400k smh @forest cobalt

[rose holly]

Yeah I got 400, someone else got 375 with 25 lower sign on

[tulip sapphire]

L

[final forge]

curious are you mostly talking abt dev roles, quant roles, or both?

[floral locust]

Dev

I got roasted by an imo gold during the aquatic phone Lolol

[dapper iris]

@floral locust did i ever tell u what happened in my aquatic interview 💀

[floral locust]

No

[floral locust]

No

[dapper iris]

they asked me what least squares was and i told them "uhh not sure maybe the smallest square" LMFAO

[floral locust]

Oh yea lmao I rmb

Was this last year or 2 years ago

[dapper iris]

last yr

[rose holly]

Dev lmao I'm not built for QR/QT lol

[final forge]

same

tho apparently not built for dev either I want to fucking rope

[dapper iris]

im not built for anything

I changed one config file all day today

[vernal hornet]

damn roblox the line for good vs bad firm lol

[floral locust]

I’ll be in ur city next week

[dapper iris]

pay transparency is a scam anyways lmao

[floral locust]

There’s probably a positive corr from base to overall tc

Probably p strong too

[dapper iris]

whats the point in knowing that a company pays ppl 5 to 10 figures

who pays the most

in nyc

[rose holly]

I mean I think as a dev, you have absolutely no reason to work at a quant firm over Roblox if they pay less than Roblox

[lost stratus]

What is roblox tc?

[floral locust]

I haven’t seen higher than 300 base for ng

Uhhh actually I have seen 1 instance

But tail case

[clear grove]

i think its around 200-230

[rose holly]

262

[clear grove]

wait 262

[floral locust]

Why use roblox instead of Google lol

Yea

Tail case

It’s not alameda

[rose holly]

Nah I know people who got Roblox

[lost stratus]

Wait isnt roblox based in san mateo

[clear grove]

yes

[nocturne estuary]

boblox

[lost stratus]

Or do they have other offices / remote

[clear grove]

no other office, i think theyre hybrid?

[quasi orbit]

Isn’t millennium base 200k lol

What about jump?

Base right?

[rose holly]

Lol i mean the test also holds true for Google, Roblox is just higher TC

[floral locust]

Is roblox Pareto dominated by any other common offers?

[lost stratus]

Does teza have any standardized new grad tc

[dapper iris]

why are we talking in stats terms

[floral locust]

Frontrunning before banh says 2s

[dapper iris]

why cant we talk like normal ppl

[nocturne estuary]

3s

[rose holly]

Lol idk maybe rockstar offers from non-Amazon FAANG? I just chose Roblox because it's a funny company (their business model is just scamming kids and stealing IP). The broader point is that you shouldn't take low paying quant offers over tech offers just because it's quant

[dapper iris]

if someone ever gets me as an interviewer im going to ask you where you think the photons go after you turn the lights off

[nocturne estuary]

generally well accepted that big tech stock growth has been historically greater than bonus growth at quant

[dapper iris]

this is such a dumb argument you can probably just factor in the cost of leverage and it just happened to perform well in the longest bull run ever lol

[nocturne estuary]

well there is no way a majority of this chat is going to be able to compete and win promos over a lot of other smart talented people at these firms, you can't expect to go in and be winning right out

this isn't a h8er moment, this is just like facts i dunno

most of these places are hire to fire anyways

you make the same assumptions about quant firms, who is to say that these firms will still remain profitable and winning?

[dapper iris]

like as a tech employee with your RSUs you're essentially getting to invest in a stock at some basis price without fronting the money for it

[nocturne estuary]

i mean, joining now would give you great growth if the stock goes anywhere

[dapper iris]

you could do that by paying for the cost to borrow that money and buy it without working there

thats dumb

curious

what do u guys consider poor

so you consider the bottom 40% poor

wut

[feral topaz]

Does SIG profit share for SWE

[dapper iris]

wait what I mean 10% below median is probably higher income than the 40th percentile tbh

but yeah its around there

[cloud spear]

Tbh 150k if they own a house or live in x neighborhood makes it different

Ye that makes sense then

[dapper iris]

Whenever I think poor I think like on the streets

[cloud spear]

Folk who got houses when prices were good are just different

[dapper iris]

and struggle to buy food

[cloud spear]

I consider poor one paycheck away from debt

Tbh

[dapper iris]

i think ppl are too afraid of debt

but thats another story ig

[feral topaz]

If anyone knows

Okay I thought I’d heard that they do

[nocturne estuary]

It’s all location though

[finite garden]

< 500K TC poor

[cloud spear]

Eh I think the opposite tbh

[broken thorn]

we need to raise taxes on the middle class and give it to the both poor and the rich

[finite garden]

Honestly 3-500K TC is peanuts.

[dapper iris]

im a libertarianist

[cloud spear]

Makes sense since the middle class is a dying thing

[dapper iris]

i think taxes should be abolished

[broken thorn]

how old are y faker

u

[dapper iris]

it's just a tool

[dapper iris]

im probably older than u

but not that much older

[broken thorn]

im 21, would be concerned if someone over 16 was against taxes

[cloud spear]

I don't think it's worth the risk for the majority of people to take unnecessarily

I'm anti taxes, but just for me

[dapper iris]

i believe in regressive taxes

[broken thorn]

based

only government revenue should be speeding tickets

[finite garden]

Im for complete monitoring of everyday life so no crime goes unpunished. Privacy is overrated 🙂

[broken thorn]

ok im not even joking i think this should happen, 100% serious. we should all give 1 cent a year to some random person. literally makes no difference to us but some lucky bastard gets 300 million a year

would be hilarious and 1 cent is so small we wouldnt care

[dapper iris]

yeah i mean it's a personal decision

if you're taking own a loan to go balls long TQQQ then sure

[finite garden]

I think everyone should go to school for LC to get seriously high TC. Then nobody will complain about being poor. We'd all have really high TC. Completely serious.

Imagine. The year is now 2030, and codeforces red is the average CS/Math major coming out of uni.

[broken thorn]

based "we hang men not for stealing horses, but so that horses are not stolen in the first place"

[cloud spear]

Imagine a world where your rank in society is decided by your codeforces rank

[finite garden]

hahaha

99% of population are virgins in that world.

[broken thorn]

one person has 99 children

calculate something annoying with bayes theorem

[finite garden]

"I used to be codeforces red, but then I discovered, touching grass. Touching grass has completely transformed my life!"

Alright, enough satire lol

But honestly I was thinking about making an asian tutoring service for LC in high school. I know people in middle and highschool are learning about it and starting younger these days.

[cloud spear]

So true, gotta teach kids about abstinence early

[finite garden]

Coitus is inversely proportional to codeforces rank haha

[spare rover]

I got Roblox this year:
152.5k base, 217.5k RSU with 3-year vesting, 22k signing, 15k relo

ESPP is a cracked benefit that’s worth ~30k depending on stock performance, but with huge upside if there was a lot of historical volatility.

IMO Roblox test is a great classification boundary, props to @floral locust for coming up with it lol

[timber quartz]

How much y’all think tourist pulls

[floral locust]

it wasn't me lol it was @rose holly

[feral topaz]

I know they do

But if you look up SIG compensation it says “annual bonus is around 38k and may include bonuses and profit sharing”

But idk if that’s just something they say to explain any hedge fund bonus

Like a generic sentence

[rose holly]

Yo let's go someone has concurred my theory lol

Worded formally, "Any software developer position at a quant firm is Pareto-dominated by a software engineering role at Roblox if Roblox's TC exceeds that of the quant firm's."

I first thought about it as a joke lol because I was plotting Pareto curves for my research and then I thought about it more and I was like "wait this actually kinda makes sense" haha

Then I told my friend about it and he was also like "yeah that makes sense" so then I decided to formalize it and call it the Roblox test lmao

[spare rover]

That’s actually so true though. I was actually shocked by the Roblox offer—they give ~2mo of vacation time plus an extra month of work-from-anywhere, for ~300k fy TC. Honestly there’s 0.000 point in going anywhere that pays less than like 350k when you consider what you’re leaving on the table in terms of wlb and culture.

[rose holly]

but yeah the bigger idea is just don't make it your life's goal to get a quant role. tech is such a nice place to be and there are lots of reasons to prefer tech over quant as a dev (wlb, culture, working on much larger-scale problems, potentially actually doing good things for the world, etc). and getting quant roles won't magically solve all your problems or make your life better all of a sudden; if you're comparing your own comp to quant comp, you're still gonna be doing that shit once you get a quant role (@rustic wind and I were literally talking about this like yesterday).

[spare rover]

tl;dr no ex-FAANG SWE should be building a list of 140 quant firms to apply to :’)

[rose holly]

learning to be happy with how things in your life are at the current moment is an unavoidable skill you have to learn. getting a quant job isn't suddenly gonna fill that last puzzle piece in your life or some shit

[obtuse flame]

What’s with the two month vacation time?

[feral topaz]

Is that NG

[timber quartz]

Lol if only interns got stock

[broken thorn]

https://youtu.be/Lx4poQw1mZo

[floral locust]

And the switch to kkr

[broken thorn]

its crazy how mucb results affect our expectations. last year i was worried i was not capable of being a swe, now im super jaded and entitled cuz i do have an offer

and now that im still no offer for next summer (maybe return offer prayge) im disappointed in myself

post salary progression on blind and watch ppl lose their shit

god if i were u id make the silliest post

50/hr intern 2021
50/hr intern 2022
200k offer september 2022
500k offer october 2022

[rose holly]

lol for me, it's thinking about the world where I got quant dev, the world where I focused more on math and got QR/QT, and the world where I continued my research and got into grad school and eventually became a professor so I could continue teaching and research haha

never fucking ends

[broken thorn]

yeah

opportunity cost is a fucking bitch

wish i could fork myself 12 times and live every life i wanted

theres a book about that actually, called the house of suns

[floral locust]

sep 2023: js

[broken thorn]

aug 2023: 30k

[floral locust]

yea i was p close to going 💀 a few weeks ago

[broken thorn]

tell people its cuz you gave up ur job to become a stay at home dad after marrying the woman of ur dreams so the incels on blind would lose their shit

[floral locust]

some person at js and independently someone at drw left to become hs school teachers iirc

[broken thorn]

an amazon worker did that too

(the school was bezoses children private school, 800k TC)

[rose holly]

that's honestly an exit I'm considering bc I like teaching a lot and I know I'm gonna miss it

maybe not at bezos's private school lol

[broken thorn]

can u deal with students who refuse to learn? that would kill me

i couldnt teach cuz of that

[barren steeple]

ye my ap cs teacher was like a 50 yr msft emplooyee

[floral locust]

your school pays a p nice hourly for ta's right?

or is that cause of tuition reimbursement factored in

[broken thorn]

thats some gilded age shit, make 200k and get 180k taken by the company store

[rose holly]

yeah our TA hourly is really good, I work 20 hours a week and get like 2.4k per month salaried

and they waive like all my tuition and campus fees

we have it really good

[floral locust]

yea i was getting like 23/hr as a ta iirc

[rose holly]

yeah we have a union so they work really hard to keep things good for us

yeah I haven't worked in weeks

hey that's how you know you're doing it because you truly love it lol

💀

[broken thorn]

can be -280k net worth and 15/hr is still money in the pocket

[feral topaz]

I gotta get on my LC grind dude

B search being taken down has demotivated me so bad

I used to love doing it w friends

[broken thorn]

something tickles me about the idea of making insane money and being in crazy debt, ur gonna be paycheck to paycheck for the first year then u break free and ur spending money multiplies by 20

[feral topaz]

Then buy house and more in debt

[broken thorn]

house is an investment

[feral topaz]

True

[broken thorn]

my net worth will be 2 million and my liquid assets will be 2 thousand

i was talking to international intern on my team

id pay it off on 2 years if i could

in case visa lottery fails every time

why stop at 280k then, double ur debt and invest even more into stocks

borrow at 10% to get returns of 11%

[floral locust]

what is hrt's policy about investing in the fund

rip

not even partners?

[broken thorn]

is hrt prop shop

how does sponsoring family work

do u just wave cash under the feds nose to prove u can afford them being freeloaders or do u gotta do something beyond that

isnt there an exceptional talent thing u can apply for

that phds get and i can only assume quants can too

how does tc not count

this is AMERICA

[feral topaz]

I WANT MONEY 😦

[broken thorn]

just gotta make a 10 person startup seems like

ill work for u if my job title is quant

i can be the 10th

put me on the board, i do nothing except backseat gaming and tell the government that i am a real employee at your real company

[feral topaz]

Hey guys do y’all know which HFT focus more on sys/class design style interviews rather than LC for SWE

I’m not great at LC and do best in design style interviews

I know SIG does

[spare rover]

+DESCO +Tower

[hallow shoal]

dude cornell makes me pay 80k and pays me 13 per hour as a TA 😭 NY too

[feral topaz]

I didn't have any

[hallow shoal]

dining hall workers get paid more than cs ta's no wonder all the classes don't have enough ta's

it do be like that sometimes

[broken thorn]

strikes are cool

[hallow shoal]

oh damn really?

I heard like all of NYU

is going on strike

for faculty or smth

rip part time fa ulty or smth

[clear grove]

do u not make 15?

[hallow shoal]

even after the raises next sem its like 14.

[nocturne estuary]

15 is only for NYC actually

Surrounding areas can pay less

[fast gazelle]

https://tenor.com/bRawe.gif

[nocturne estuary]

Not yet

It’s quite pleasant lately

Unfortunately actually

I want it to be cold

[clear grove]

bruh even I make 15

[hallow shoal]

the legit email we get for ta

legit says 14 next sem lol

[clear grove]

r u a consultant

[fleet oriole]

damn I’m making 11/hr as a TA 💀

[broken thorn]

lol thats amazing

[rotund flume]

anyone know how schonfelds miami TC compares to its nyc TC

[broken thorn]

salaries dont care about min wage

if u make 30k a year but forced to work overtime then that ends up below min wage

also stipends

[fleet oriole]

Varies by state

[hallow shoal]

Anyone know if any of the top companies have a similar ability to turn 1000 dollars into 1000 dollars?

[steel wedge]

can anyone here add me to the quant discord? the one where u need to verify

[floral locust]

DNE

[lost stratus]

Lol didnt someone make a new one

And didnt that get deleted too

[steel wedge]

anyone interviewed with quantco?

Are they actually good? my headhunter is saying they can compete with trading in $$$ but seems weird...

[golden juniper]

does anyone have tips or resources for practicing market making (out loud)?

[rose holly]

in general, I think if you've never heard of the place before, then it cannot possibly good

probably only exceptions are like radix, headlands, TGS because fewer people know about these

quant isn't really an industry where there are diamonds in the rough

[spare rover]

I’m not sure about this one, actually—I think that might be the case for SWE because of economies of scale, but there are almost certainly a ton of 10-50 person firms that keep their heads down and grind out the alpha that they can get, keeping profit/head high. Headlands started out like that iirc, though they’re (a bit) larger now

[feral topaz]

anyone heard of BMO Capital Markets

my gf's friend is wondering if the guy she likes is some cracked out quant

its "analyst at BMO Capital"

[long raft]

Is That smth Good or Bad?😂 or is it about the Money?😂

[shell gazelle]

Wym IB people work 80+ hour weeks

[floral locust]

Evercore ib or tgs qr @rose holly

[fleet oriole]

Analyst is not IB Lmao

[feral topaz]

She’s just curious because her family Vietnamese so she can’t date a loser ig

Idk

They all go to UM Ann Arbor so a top 10 CS school so I feel like any student would be date able but whatever

[floral locust]

Wot

[fleet oriole]

IB people always make sure to say they’re “investment banking analysts”

Mb bro I forgot investment banks only hire investment bankers

I was being sarcastic

Lmao I’m just being straightforward

[floral locust]

This is gold

[clear girder]

anyone interview for quant strat at goldman?

[broken thorn]

hear me out

if u can make ur kids even more successful than you are you get to take credit for making them who they are

my life goal is to make my dad look poor and then my son make me look poor

its selfish

ur kids are half of u

basicslly just self love

[floral locust]

The world is gonna be pretty bad in like 50 years anyways

We’ve already talked about this

[broken thorn]

climate refugees should help bolster our service economy, no?

[cloud spear]

same

this is something I've thought about since my peak goal in life

is to live life maximally selfishly

but also I do partially buy into the doomer idea

that the world is going to be in a sig. worse place in 50 years

than it is now

something something having kids is immoral

it would be terrible if an entire society shared my moral compass tho lmao

[feral topaz]

she didnt ask if hes a cracked quant, thats what I said to better explain what she meant. She just asked "is this impressive"

also yea it seems like her fam has super high expectations which is weird

or bad

[cloud spear]

just tell her he's broke

save the man

[feral topaz]

like she never had a sleepover before lmfao cuz she had to always study in HS

and now she spends 12 hours a day studying at college instead of doing anything social/club related

[fast gazelle]

https://tenor.com/view/tmzka-modric-luka-modric-croatia-croacia-gif-17666515

[feral topaz]

YAHKUNA IMY

[round mirage]

please tell me you guys cook her

[feral topaz]

I made fun of her a bit yeah i wont lie

i mean not really her fault

[cloud spear]

is this person a cs major

[feral topaz]

her dad wouldn't let her

HELL NO

[cloud spear]

oof

wtf are they to study 12 hours a day

pre-med?

law?

[feral topaz]

thats the funny part, she studies twelve hours a day and still had to drop calc 1 because they did bad

you're never gonna fucking guess mate

[cloud spear]

bio?

chem?

[feral topaz]

communications

[cloud spear]

nursing?

wtfffffffff

[feral topaz]

lmaoooo

easiest fucking major on earth

[cloud spear]

ok I'm not gonna discount the humanities that hard

but studying 12 hours a day

for any major is absurd

let alone communications

[feral topaz]

I am because I know 5 comm majors at UM Ann Arbor, MSU, and UToledo

They all outright say its a joke of a major

no work

[clear grove]

anyone who says they study 12 hrs a day is lying

[cloud spear]

true

[feral topaz]

nah my gf is her room mate and shes who told me

[cloud spear]

obviously studying = watching tiktoks to learn how to communicate better

[feral topaz]

she locks herself in the room 12 hours a day to study

well yeah idk how productive she is

i just know my gf is sick of being locked out of her room lol

[broken thorn]

what does that even meant ho? how can u be that inefficient at studyinf

[cloud spear]

bad attention span

[broken thorn]

does she just stare at the pages without reading them and refuse to ask others for help

[feral topaz]

no fuckin clue

[broken thorn]

idk how else i could spend 12 hours learning nothing

[feral topaz]

I tried to help her with calc 1 stuff, it was like "given this graph, which is the graph of the derivative"

and I tried to explain and shit, there was 0 understanding

[broken thorn]

that shits hard if u havent done before

ngl

esp if her high schooling was shit

[feral topaz]

I was a math tutor and I'd say that she has maybe a 10th grade math lvl

[round mirage]

Nahhhhh

[broken thorn]

10th is algebra 2 right

[round mirage]

this is unrelated but i swear you can't teach calc like this

[broken thorn]

couldnt u learn derivatives in algebra 2

[feral topaz]

the real issue tho was like she couldn't learn it seemed like, like I'd explain x^1/2 = sqrt(x) so she could do derivatives of roots

[round mirage]

like you can't come logically to someone who doesn't understand it, i really don't get it but it's something that i noticed while working for my school's math workshop

[feral topaz]

explained it and showed examples like 5 times

still no getting

or x^-n = 1/x^n