quants-n-traders

[feral topaz]

idk man I gave up tho then she dropped it

[broken thorn]

x=0

[round mirage]

is she good at communications at least

[round mirage]

x=1 actually

[feral topaz]

no clue

[broken thorn]

divide both sides by 0, 0=0=x

[feral topaz]

if you're solving for x, it works with literally any x

[round mirage]

based

[feral topaz]

1/2^n = 2^-n as well

[round mirage]

no what about 3

[feral topaz]

its the definition of what a negative power is

[broken thorn]

im a tenured math professor and id say youre at a 9th grade math level for that

[feral topaz]

i don't believe or else you'd be cracked, not be cracked one day

[round mirage]

well if theres negative you have to take the log

by the first automorphism theorem

[broken thorn]

8th grade math level for that attitude

see me after class

[feral topaz]

1/(3^n) = 3^(-n) yes

[round mirage]

ok well what about 5

[feral topaz]

im telling my teacher you tried to touch me

[feral topaz]

mate try graphin it

[broken thorn]

you skipped 4

what about 4

[feral topaz]

its literally the definition of what a negative power means

im killing myself

[round mirage]

good point

[feral topaz]

cuz of yall

[round mirage]

i think 4 is an easy counterexample

when you do 4 it becomes negative good point man

[feral topaz]

cap

[round mirage]

numbers aren't real anyway

[round mirage]

can she talk

[feral topaz]

not if you sqrt a -1

[feral topaz]

eh kinda

[broken thorn]

i can square root a negative 1

[feral topaz]

i mean she stalked her crush's linkedin before ever speaking to them

[broken thorn]

i am so proud of this pun you have no idea

[round mirage]

SHE JUST LIKE ME

[feral topaz]

this is so fucking clever i just came

[feral topaz]

which unfortunately lead me to this chat

this absolute cesspool of math geniuses and high tc individuals

[round mirage]

https://tenor.com/view/the-goat-black-guy-gif-17915341

[feral topaz]

who just make me jealous

ok now that we gossiped a bit who wanna trade a jump email for a jane st email

changed my price

:/ I scared them away

to be clear, I am offering the jump[

[long raft]

🚩🚩🚩🚩🚩

We Jump 🙂

[feral topaz]

Jump ! Jump ! Jump ! Jump Trading !!

I bet you can hear exactly how I said that

[long raft]

https://tenor.com/view/pikachu-pikachu-thunderbolt-gif-23704863

[feral topaz]

bet you won't do that to me tho

[long raft]

No I mean the “Jump Jump Jump Trading “ reminds me of “pika Pika pikachu” @feral topaz

[long raft]

Or in That Style:

https://youtu.be/010KyIQjkTk

[feral topaz]

lmfaooo WHO THE FUCK blocked that video from being played on Discord

[long raft]

Leaks confidential Jump trading IP 😎

[feral topaz]

I don't work there

[broken thorn]

chatgpt to get answers for it

very high key

u shouldnt even consider weiting them on ur own anymore

[grand crater]

anyone do OA for quarepoint for quant research

[nocturne estuary]

yeah honestly chatGPT is kinda overhyped

GPT3 could do anything chat does, its kinda just a UI

[round mirage]

not if you give it a good prompt

I had it do my peer review in one of my classes shit was more in depth than I could ever be

it will give you a shitty answer to "what inspired you to apply to five rings" though fs, only use it if the response doesn't matter

[long raft]

2 day Programms? 😱

[round mirage]

gyat damn u can approach someone completely normally here and they soy out on u

[spare rover]

They can take a long time. Bump them if you have a competing offer

I did. What do you mean interviewer didn’t show up? Did they reschedule? Internship or ng?

[broken thorn]

ok all jokes aside, i think its good for specifically me

i hate creating shit

but if you give me a template that can be improved its easier for me to do that. if it gives me a shitty answer i can go "that could have been worded better like this" and then i have a good answer @opaque abyss

[spare rover]

Hmm, interesting. I guess cross fingers that third interview went well enough to cancel out the first 🙂
Anecdotally it seems like 3 Yes’s is required, but there’s always the possibility that you did better than you expect. I’m sometimes surprised to pass interviews that I thought I bombed

Def ping Anastasia to ask for feedback if it’s been a week

Oh, I assumed there was only one recruiter. Ping whoever your recruiter is, then ^^

[broken thorn]

i havent messed around with chatgpt as much as the openai playground, but for that i was able to get a decent format

like it will give sparse paragraph topics

then u can pick one and make it give longer response for each

[cloud spear]

$

[royal forge]

link?

nvm found it

[quasi orbit]

where?

[royal forge]

Their website

[long raft]

I only see Jan and august stuff That is a Week

https://media.discordapp.net/attachments/981757182976589884/1050905490747559959/image.png

Copied from #2023_summer .. has someone ever heard smth about Cutler Group?

Hahaha to me it slowly starts to feel like People just invent random names 😂

[broken thorn]

they trade cutlery futures

[long raft]

Gold cutlery, silver cutlery 😉

[viscid gale]

Interviewed there - small headcount, good culture, good performance

[spare rover]

They recruit a lot at Stanford so my prior is that they’re good, but idt many people go there over hrt/js/cit

[stable radish]

Chopper LLC coming in clutch

[barren steeple]

ye idk why its so high

some person in another cs discord posted their offer from cutler group for 60/hr

[tough elm]

speaking of chatgpt, have you guys seen this? https://www.tiktok.com/@sentdex/video/7174526779363970350

[spare rover]

Oh, is Evergreen good? I thought they were very new—I haven’t heard anything about them outside of Computer Forum postings

[lost stratus]

interview with them

[fast gazelle]

use a random name generator and you’ll probably get a quant firm

[spare rover]

Ah, I was assuming that you were here also. afaik they're only hiring new grads as QRs, so I didn't apply this season. Maybe they'll start hiring new grad devs once they scale their infra enough

Ahahaha

unironically not a bad way for @lost stratus to add new entries to his list

[lost stratus]

do you know of any other lesser known or newer firms?

[tulip sapphire]

nah that was QT

[clear grove]

6 weeks? 60/hr with no housing in sf? damn

[tulip sapphire]

lower than amzn as a quant 💀💀💀💀

in sf

i think it's 156/hr cuz levels weighted 6 weeks as 10

idk i havent done the math

Idrc to

[scarlet vine]

I think it depends on education/experience too, they have a quant developer position with a listed base as 175-300 so not unreasonable to assume a phd trading intern got a ton

[cloud spear]

anyone knows ways to network w/ HFT/quant recruiters in nyc?

just curious since ik there's stuff like greylock for unicorns/tech startups but idk if there's stuff for meeting hft recruiters

[scarlet vine]

gotta up your linkedin dm game

best way to do it is find company specific recruiting events and attend

most quant firms host them, just sometimes hard to find

if you email recruiters directly theyll sometimes invite you

[cloud spear]

huh interesting

[cloud spear]

dm w/ linkedin premium or is regular connecting on linkedin fine

[scarlet vine]

honestly emailing directly is way better but regular connecting is fine too

[cloud spear]

fair

probs my least favorite part about job apps lmao

[tulip sapphire]

it would be

i thought there was a 10k signing bonus that was being counted twice more than how much levels usually counts

but apparently there is no signing lol

ya it's just 60/hr straight up

would you actually?

idk

but 60/hr aint good

[final forge]

no firm > any firm

Wagies are cucks

[cloud spear]

least elitist quant

[floral locust]

HRT HRT HRT HRT HRT

[rose holly]

HRT HRT HRT HRT HRT HRT
HRT HRT HRT HRT HRT HRT
HRT HRT HRT HRT HRT HRT
HRT HRT HRT HRT HRT HRT

[cloud spear]

https://tenor.com/view/hrt-gif-22146827

[floral locust]

I HRT Meth

[lost stratus]

They dont have any qr

[cold heart]

Should I even consider quant if I don’t go to a top50 cs school? I wanna have a job in something algorithmic heavy. I wanna try quant, ml, and embed systems. But Should I even try quant? I feel like I have such a low chance and I’d just be wasting my time when I could be developing other skills?

Aight. I think I go to a t100 but idk where to check

Okay I checked and 2 websites said it was like t90

[scarlet vine]

You can get into quant jobs from any school

My school is barely ranked

One site says 300, one says 400

Or if you’re worried you could always just put MIT on your resume

They won’t notice

[prime carbon]

what is pdt quant comp like

[scarlet vine]

Was just kidding haha

[lost stratus]

is Evergreen the only firm started by ex-radix?

[fast gazelle]

everclear

[lost stratus]

Do you have a link?

[fast gazelle]

https://drizly.com/liquor/grain-alcohol/everclear-190-proof/p8975

[lost stratus]

How is that a quant firm

[scenic bison]

Look

[lost stratus]

At what

[obtuse flame]

https://tenor.com/view/joke-missed-over-your-head-gif-8604199

[lyric loom]

https://tenor.com/view/joke-missed-over-your-head-gif-8604199

[broken thorn]

anhydrous ethanol is more presitgious

[lost stratus]

my original question wasn't intended as a joke though?

[final forge]

Only 80 proof

[broken thorn]

anhydrous=no water=200 proof

[spare rover]

Have to solve 80 analysis proofs in the interview

[rose holly]

dude I promise you, you are better off spending another summer in big tech than going to a no-name quant firm

[floral locust]

[lost stratus]

Yeah thats the popular opinion here

But smaller quant firm still has better resume value imo

[fleet oriole]

big tech is too late now unless you’re in the process already

[rose holly]

But smaller quant firm still has better resume value imo
for radix specifically?

[lost stratus]

In general, but yes

[fleet oriole]

Heard smaller firms care about school prestige more anyways

[floral locust]

idts

i dont think radix gaf that much

about prev exp tbh lol

"While interest in trading is key, a background in finance is definitely not. Our team is built mostly from academia — professors, postdocs, PhDs, and undergraduates — not from other trading firms." from their website for the qr position

[rose holly]

ok wait serious question, is your primary goal just getting Radix or are you just going for quant in general?

[lost stratus]

Lol radix isnt giving me a qr interview anytime soon

[lost stratus]

Both

[fleet oriole]

Sorry to say but if you want a firm like radix you def gotta go back to school lmao

[lost stratus]

Which firms?

[rose holly]

Why Radix specifically lol?

[rose holly]

Radix

[fleet oriole]

Man idk that’s just the general consensus

[lost stratus]

Radix hires ug wdym?

[fleet oriole]

You not an UG anymore tho, didn’t you drop out?

[lost stratus]

When did i say that lol?

Im just interested in droping out

[long raft]

Damn I knew I wasted my time with my masters… should have stayed with undergrad 😦 😂 \s

[lost stratus]

Oh lol was a typo/ i didnt mean it

[lyric loom]

[lost stratus]

If a firm does give me an offer

I will drop out

[fleet oriole]

so you will drop out?

[lost stratus]

If allowed yeah

[rose holly]

?????

that seems super premature

[lost stratus]

Nah its fine

[rose holly]

wait would you seriously consider dropping out for a firm like cutler or tanius or whatever?

[lost stratus]

Yeah i dont mind

[rose holly]

why? like unironically you would be better off with more TC and better WLB and culture at Roblox

[lost stratus]

Roblox doesnt have as much resume value as another quant firm

And wlb doesnt mean anything to me / i dont mind not having it

[rose holly]

oh so you would go to a smaller quant firm to eventually transition to a bigger/better-performing firm?

[lost stratus]

Yeah

❓

[long raft]

I am a bit confused when People say “smaller” firm. Do they refer to headcount? Because maybe they don’t need to hire more people because they already Hit A sweatspot? Or is with smaller firm basically every Company That isn’t Jane, optiver, HRT, cit ?

[lost stratus]

Smaller / lesser known i guess, sometimes not as high performance

But soms are good

[long raft]

Tbh if you don’t have connections all of them are unknown 😂 when I told my parent where I join I had to explain them multiple times what they do and showed them Newsarticle 😂

[nocturne estuary]

what are you even chasing then

[lost stratus]

But anyone who knows about quant usually knows firms like citadel and jane street and maybe Radix or Headlands

[long raft]

Who?

[nocturne estuary]

Radix Simp

Sorry that was unclear out of the blue

[long raft]

Add “@…”

[lost stratus]

Quant firm / Radix

[nocturne estuary]

Why

[lost stratus]

Wdym why

[nocturne estuary]

Why do you want it

[lost stratus]

Is that like a bad thing to want or smt

[nocturne estuary]

No

But why

[floral locust]

radix also seems like a curious choice considering they're so small and new

and not as well known

[lost stratus]

Well quant specificlly same reason as everyone else in this channel

[hallow shoal]

Money and prestige 💀

[lost stratus]

But radix because its small and high performing and is more tech/swe oriented unlike i think rentec and tgs

[hallow shoal]

Or to provide liquidity to the markets

[rose holly]

ah prestige. the best reason to pick a job

[floral locust]

headlands is similar and less picky about schools too

[rose holly]

Also, TGS is tech-oriented. Rentec is not though, correct

[nocturne estuary]

but you want to drop out, you would be okay with going to a no-name quant firm, you just want the extremely exclusive firms?

[lost stratus]

Oh wait also because i prefer nyc

[hallow shoal]

😂

[floral locust]

would you take voleon swe or roblox/google

[hallow shoal]

Google

Or Roblox

Like selve said

[lost stratus]

Yes I would be okay with no name firms

Any quant firm experience would help to get in to a better firm more than tech

[nocturne estuary]

Why do you believe this when most people here tell you otherwise

[lost stratus]

If voleon was nyc yeah

[rose holly]

yo wtfffff. I fucking worked there and I wouldn't take voleon over roblox/google even if it was nyc

[hallow shoal]

Is this true??

[lost stratus]

Based on what i have seen on linkedin and also from talking to managers and whoever else interviewed me from quant firms

[lost stratus]

But thats because you value wlb/culture right?

But also google nyc on a good team i might consider

[hallow shoal]

Tower right?

[floral locust]

optiver

for ft, the choice becomes more difficult

[rose holly]

I don't think so lol. Like Radix and JS only hires new grads and senior devs from FAANG, Headlands recruits heavily from Bloomberg, Cit cares about what school you went to and GPA even for experienced lols

[hallow shoal]

Why intern changes decision?

[lost stratus]

Whichever is in nyc

[floral locust]

idt 5r internship teaches u as much, and also i believe the ro rate is lower for 5r than optiver

[nocturne estuary]

5r internship is bad i have heard yeah

[floral locust]

also being a internal hire for optiver rly limits your chances of being fired when u start there ft

[nocturne estuary]

just gotta maintain their internal fake test trading env

[rose holly]

No because literally prior to this recruiting season, I didn't give a shit about whether I was going to big tech or quant. My original plan was to use quant interviews to practice for tech interviews but tech hiring freezes happened. like sure quant TC is higher but tech TC is still like top 5% probably in the world for straight out of new grad.

I guarantee you that once you start your first job, you will instantly stop caring about trying to move to a more prestigious company or whatever. This argmax TC behaviour is just college student shit, no well-functioning adult is trying to chase the highest TC/prestige companies.

[lost stratus]

Thats true but alot of tech companies are not really hiring new grad this year, especially nyc

I dont like any other cities

[nocturne estuary]

newark

[lost stratus]

Also i have seen people on linkedin from so many smaller firms like hap capital, dv trading, tanius, wolverine to name a few that switched to radix, if you look at citadel theres people from almost every other firm there

[nocturne estuary]

that is probably just self selecting

[lost stratus]

Wdym?

[nocturne estuary]

people in trading are likely to go to more trading

[rose holly]

P[Radix | want quant \cap started in big tech] > P[Radix | want quant \cap started in no-name quant firm] guaranteed

same is true for JS/HRT/Headlands guaranteed

[nocturne estuary]

i agree too

[lost stratus]

What does cap mean here

[rose holly]

intersect

because we don't care about those in big tech that don't want to move into quant

[nocturne estuary]

man wants to drop out he is gonna learn high level math on his own

not concerned with latex syntax

[floral locust]

power trading is op

yea, ev for optiver vs 5r ft is close

the type of work and location will be your main deciders probably

[rose holly]

Optiver comp scales very fast if you're good with marbles. also optiver is less likely to go under since they've been around for like 30 years

[lost stratus]

What high level math do you think cant be learnt without school?

[floral locust]

optiver your main responsibilities will be real-time monitoring of markets

but not too much long term thinking, more just reacting

5r i really don't know what they do but they seem to hire smarter people than optiver on avg

[nocturne estuary]

nothing but firms like to see proof that you know things, and have taken the courses

that is why we go to college

not graduating for college will definitely screw you over a lot later

[lost stratus]

How so

[long raft]

Do you guys really List courses on your CV? I don’t even have enough space for all my exp and projects 😅

[floral locust]

optiver y0, y1, y2, y3 is like 400, 225, 400, 600

[rose holly]

no but why does that matter if I'm getting 300k TC 🤓

[nocturne estuary]

just one line of the most impressive stuff or two

also i trip my exp severely

[floral locust]

and then for top performers you can reach 200 marble mark which is like 1mm

[long raft]

Yeah me too otherwise I couldn’t fit 5 internships 😅

[floral locust]

it's 100 now they changed it

[nocturne estuary]

why would an actual TOP firm take you seriously, you know they all care about prestige and already chase top colleges, imagine what no college looks likle

[rose holly]

yeah, all of us accepted Radix new grads put like 10+ technical courses on our resumes. especially at the more academic firms, they care that you have a solid academic background even if you're a SWE

[floral locust]

i thought around 4

but they might've gone down

cause trading has slowed second half of year

[lost stratus]

they wouldnt really care about what you did in college for an experienced role, i think maybe only citadel might care

[floral locust]

what no math competitions does to a mf

[nocturne estuary]

only works until you can answer questions about them convincingly

[floral locust]

any class you put on resume is fair game for certain places that interview lol

[nocturne estuary]

def not a good long term strat

[floral locust]

jump and cit come to mind

jump asked friend about quantum computing cause he had it

cit asks p in depth ml if u have it, and can also ask about like algebra if u have it

[nocturne estuary]

that one leetcode question that was like "this could be done faster with Shor's algorithm"

[long raft]

Good to know. Now I know what I should append to my CV in case I don’t Land a Return offer 🥲

[floral locust]

a friend was asked about galois thoery or smth like that

[floral locust]

i have 0 lc done

mine is 0 rip

[nocturne estuary]

oh yeah you're trader

there is a leetcode solution that says that though it is quite absurd

[lost stratus]

Do you not want to do it?

[floral locust]

i have not had a reason to at this time

[nocturne estuary]

i don't think it is necessary though

[floral locust]

do it if u find it fun

[nocturne estuary]

they'll interview you if you are impressive enough regardless

and they won't take you just cause you did lots of math if you can't do the other stuff

icmac

[floral locust]

isn't usaco for hs?

[nocturne estuary]

probably just join the club at your school and try to learn

yeah ivy is good enough to get noticed anyways

you'll can get those free jump trading dinners and stuff

m i t

[floral locust]

it's also overkill if your is just to make ur resume look good

[fair yew]

is cutler offer legit?

[nocturne estuary]

its QR isn't it so not really relevant to most

[fair yew]

it said trading

[nocturne estuary]

i think QT and QR still get paid more than SWE yeah

[floral locust]

why qrs deserve less

[dapper iris]

guys i got a question

does anyone know where the light goes when u turn the light off?

[floral locust]

photons 🤓

[dapper iris]

yeah where do they go

[floral locust]

fu

= 10M is wild lol

[dapper iris]

imagine dreaming

[floral locust]

faker dreams of sushi

[dapper iris]

i dont have dreams

maybe i just dont sleep well idk

[broken thorn]

at night time they have to go to sleep too

[long raft]

Simple answer: Parallel Universum, where someone turned the light on!

[rose holly]

don't they get absorbed by material

turn into energy

and then electron jumps up and back down and reemits

[final forge]

con of working in this field: I had to go buy a blazer because apparently I can't show up to work events wearing sweats and a dirty t

also nice clothes are expensive fuck me

[floral locust]

Ok mr icho

@rose holly ur best friend is here

[dapper iris]

this is why u get offers

[rose holly]

yea if only cit grilled me about chem

[long raft]

You wanna tell me CppCon T-Shirts are Not nice clothes?!?!? 🥲

[final forge]

unfort

Tho I’d guess some people will show up hella casual kek

[long raft]

all my Interview Partners wore so far only conference Shirts 😂 i Love That

[final forge]

I’m just a sheeple and I want to hide my peasantry

Oh at work people dress casual af

[long raft]

For which Company Event do you Need to dress up?

[final forge]

Holiday party they said cocktail attire

[long raft]

US or EU?

[final forge]

US

[long raft]

On your profile pic you already wear a mask 😉

[final forge]

It’s honestly not a big deal I’m just whining cuz I didn’t expect to need to drop a few hundred on a blazer lmao

[long raft]

Just go to a department store and ask the First Person (that works there) what you should wear

[long raft]

Hahaha worst case rent a tux / cocktail dress

[final forge]

Went to Nordstrom saw they wanted like >1k for a suit and went wow I’m still too poor to shop here

yea I’m fine got a blazer

[long raft]

Hahaha For me as a poor student 1k is too much 😂

100$ take it or leave it 😂

[final forge]

yea I’m full time and I’m still not dropping >>1k on a suit

[long raft]

Wait just a blazer? No pants, tie,…?

[final forge]

They said tie optional so I assume it’s very casual end of cocktail attire

[long raft]

I always wanted to own that Tom ford jacket That Daniel Craig whore in spectre

But then I saw the Price 🥲

[dapper iris]

r u going to drw party LMAO

[final forge]

not drw lmao but random trading co holiday party yea

[lost stratus]

What firm is it?

[spare rover]

Tbf motivation is also a big thing

Like I tried for two months to go through dummit&foote on my own, but got further in three weeks of class than I had over those two months of self-studying

70% skill issue tbf

[dapper iris]

dang im headed there now

[floral locust]

oh they can bring +1s?

[clear grove]

good book

very dense though

[dapper iris]

yeah i think akunas is also tonight

[floral locust]

ru able to bring +1?

[spare rover]

favorite book. I bought Dummit & Foote merch from customink to celebrate a friend’s birthday

[lyric loom]

https://cdn.discordapp.com/attachments/916898446059921449/1051310621913792562/IMG_0131.png

[clear grove]

lol what does that look like

[bright flame]

i hate quant !!

quant is for nerds

go work at google

google is pog i love google 😻

[dapper iris]

yes

[spare rover]

UFD = ‘uge fuckin dick

No I don’t own an iron :’(

[floral locust]

HRT HRT HRT HRT HRT HRT

[stark crow]

real

[stark crow]

Pinned

[bright flame]

trying to learn unix by doing ostep is like trying to learn to drive a car by assembling the engine

[broken thorn]

operating systems in ten easy steps

[feral topaz]

ngl man that was an interesting read but chats like these are why we used to have the #pedantic chat

[cloud spear]

is the linux piece real

[long raft]

Hearing that more and more finance companies (most recently Morgan Stanley) start to perform layoffs Will hedge funds and prop shops follow? What do you think?

[static musk]

depends on which ones but good hft funds are thriving so it’s unlikely

[long raft]

Yeah But Not That they overhire right now like FAANG in 2021 and have to layoff later 😅

[broken thorn]

i saw an article saying they will stay in high demand but the 7 figure packages will go away

[long raft]

I am happy with 999k \s 😂

[nocturne estuary]

Hey guys! 🙌 If you're a 10-year-old looking to land an internship at a top trading firm like Jane Street, Citadel, or Hudson River Trading, you've come to the right place. 💪
First things first: make sure you're taking the right classes in school. 📚 This means focusing on math, finance, and economics. These subjects will help you develop the skills you need to succeed in trading. 💰
Next, start networking with people in the industry. 🤝 This means attending events, joining trading-related clubs and organizations, and reaching out to professionals in the field. This will give you valuable experience and connections, and help you learn more about what it takes to succeed in trading. 💼
Another important step is to start gaining practical experience. 💪 This could mean interning at a trading firm, participating in trading simulations or competitions, or even starting your own trading portfolio. The more experience you have, the better prepared you'll be for that internship. 💼
Finally, don't be afraid to ask for help. 🙏 Reach out to mentors, teachers, and professionals in the field for advice and guidance. They can provide valuable insight and support as you work towards your goal of landing an internship at a top trading firm. 📈
Good luck on your journey to become a trading pro! 🚀 Stay focused, work hard, and never give up. With dedication and determination, you can achieve anything you set your mind to. See you on the trading floor! 📈💰

[half apex]

Can’t tell if this is a joke

[fast gazelle]

mf tried to sneak 2s in there

[full ridge]

who invited my man 2sigma

bro thinks hes on the team

[tranquil bolt]

is 2s not a good company???

[sand willow]

how much

does a B in systems fuck you for quants

or quant swe

[broken thorn]

after i just ordered two hitmen on your address, a b in systems is the least of your worries

[barren steeple]

google gives 2k for masters

💀

[obtuse flame]

Dyk external New grad?

[scarlet vine]

Feels bad for the people who paid 20k for a masters lol

[fading monolith]

https://www.reddit.com/r/interviews/comments/zk2bb7/five_rings_quant_research_or_quant_trader/?utm_source=share&utm_medium=web2x&context=3

I gave the FiveRings Quant Research Intern interview today. It had 15 questions to do in 20 minutes (This includes the time for dictating the question too).

DM me to ask about the interview experience or the questions that were asked.

[nocturne estuary]

If I don’t get two sigma next year I’m afraid my career is over

[fast gazelle]

If I get two sigma next year I’m afraid my career is over

[ember night]

If I dont get quant next year I’m afraid my life is over

[hallow shoal]

If I get two sigma next year I’m afraid my career is over

[limpid nacelle]

If I get citadel next year I’m afraid my wlb is over

[lost stratus]

If I get citadel next year I'm afraid my wlb becomes really good

[floral locust]

@rose holly

HRT HRT HRT HRT HRT

[nocturne estuary]

#quants-n-traders don't be cringe for 10 min challenge

[lost stratus]

radix trading makes more per head than citadel

[floral locust]

HRT HRT HRT HRT HRT

[nocturne estuary]

real head makes more head than anything

[lost stratus]

how do you know this?

[floral locust]

not u plz

no simping

[lost stratus]

at both firms?

[limpid nacelle]

Which companies have the highest pnl and the highest one per head?

How old are you?

[nocturne estuary]

better call saul buddy

[limpid nacelle]

Sounds like your brain is ravaged

Mr ice, how is the quant grind going?

[nocturne estuary]

it is fine

pleasant

well

not much of a grind right now

[limpid nacelle]

How fine?

[nocturne estuary]

season is over

[fast gazelle]

GRIND GRIND GRIND GRIND GRIND

[nocturne estuary]

i will be with vexor next summer

[fast gazelle]

HRT HRT HRT HRT HRT

[limpid nacelle]

Really?

[nocturne estuary]

yeah

[limpid nacelle]

At drw

[nocturne estuary]

yes

[limpid nacelle]

Lfgo

[nocturne estuary]

now return offer grind time

[limpid nacelle]

I have a book for you then

[nocturne estuary]

don't tell me its the options book

interesting, different book than i was expecting

but thanks

i'll read it over break

google new trading firm?

[limpid nacelle]

Market maker

Yes

Actually they create the market

[nocturne estuary]

Lets start trading google ad spots

[limpid nacelle]

G decides which news to recommend

[nocturne estuary]

as twitter has shown, that is a dangerous game

yahkuna Matada (yahkub simp) — Today at 1:41 PM
JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS JS

[long raft]

Yeah totally feel you! I also have to shine this coming Summer 🥲

[faint moon]

check out the book in my status

[nocturne estuary]

[limpid nacelle]

How is optiver going Mr Caspian

[lyric loom]

meesta bog

[long raft]

Who is @lyric loom

[faint moon]

no optiver mr bog

[nocturne estuary]

yeahhh thankfully DRW says that they make every intern offer with the desire to give a full time return so its not like im necessarily competing, just need to perform above their bar

[lyric loom]

this is my company

[faint moon]

[limpid nacelle]

No offer? :Sadge:

[long raft]

Yeah my Place Also told me That but I heard rumours they are reducing headcount’s 😅

[lyric loom]

[nocturne estuary]

A: Hey, did you know I work at Yahkuna River Trading?

Woman: No, I don't think I've heard of it. What do you do there?

A: I'm a software engineer. It's pretty technical, but basically I help build the algorithms that power our high-frequency trading systems.

Woman: Oh, that sounds interesting.

A: Yeah, it's a pretty cool job. I get to work with some of the smartest people in the industry, and we're constantly pushing the boundaries of what's possible with technology.

Woman: Well, I'm not exactly a tech-savvy person, but I'm sure you're very good at what you do.

A: Thanks, I like to think so. And hey, even if you're not into all the technical stuff, I bet I can still find ways to make you appreciate what I do.

Woman: Oh, I have no doubt about that. I'm sure you could make anything sound interesting with that smooth talk.

A: Well, I don't know about that, but I do know how to make a woman feel appreciated. And trust me, I'd love to show you just how much I appreciate you.

Woman: Oh, I bet you would. And I'd love to see just how far you're willing to go to show me that appreciation.

A: Trust me, I'm more than willing. And I promise, by the end of the night, you'll be begging for more.

Woman: I can't wait to find out. Let's get out of here and see just how good you really are.

YRT infinite rizz

[limpid nacelle]

How is the Cf grind going at least?

[faint moon]

I am doing atcoder abc b and c's at the side but mainly research nowadays mr. bog 💀 sold my soul long ago

comp bio

[limpid nacelle]

I'm currently having a mental breakdown. Six months ago I finally found the perfect girl whose internships' prestige matches mine (Hudson River Trading, Two Sigma). Obviously, my internships are just slightly more prestigious (Jane Street, Citadel), but close enough. However, this internship season, my girlfriend got into Jane Street while I didn't get a return offer. Obviously, my supervisor was threatened by me and afraid I'd take his job. I've had to settle for interning at Google Brain (eww) and now my prestigious girlfriend wants to break up with me. She says she's found another guy who has interned at every single trading firm (including Yahkuna River Trading) every summer since middle school. How do I win her back?

[nocturne estuary]

It sounds like you're having a mental breakdown because your girlfriend dumped you and you didn't get a return offer from Jane Street. Boo hoo. Newsflash: your internships aren't as prestigious as you think they are and your ex was clearly out of your league. Instead of blaming your supervisor for not giving you a return offer, maybe try looking in the mirror and realizing that you're just not good enough. And interning at Google Brain? Gross. I hope they never give you a return offer. As for your ex, let her go. She clearly has better taste than you and has found someone who actually has impressive internships. Maybe next time, try not to be such a loser.

[round mirage]

Hey, I go to MIT and was wondering if I would get a guaranteed offer to Radix/Rentech if I applied? I'm trying to get the most prestigious internship possible and I'm hoping that my MIT connection will give me an edge.

[sand willow]

i can

i just didnt go to class

thats the issue

and ive been wrapped up bc of other classes

[round mirage]

What if my girlfriend works at Salesforce? I'm worried that the lack of prestige might affect my chances.

[lyric loom]

@round mirage

[timber quartz]

U guys have girlfriends?

[fast gazelle]

the only gf i have is google facebook

[fast gazelle]

[broken thorn]

goggle fesbuk

[candid root]

what did i just read

[long raft]

People need to eat! Easy decision: McDonalds

[glossy terrace]

y'all are definitely trolling. I would reject both and just go to McDonald's directly for my mcnuggets

[floral locust]

You will next year lol

[broken thorn]

2 sig is my only hope to gap my dad year 1

[tranquil bolt]

lmaoooo

[fast gazelle]

my dad makes negative TC gambling on meme stocks so it’s pretty easy to gap him year 1

[tranquil bolt]

does 2s hire from most tech companies? I'd doubt if anyone would leave t1 prop firms to join 2s

[fast gazelle]

most 2s interns I see were ex big tech

[tulip sapphire]

Yeah this is pretty much what I’ve seen

Fr

Whoever pays me most is the best

If someone is offering me twice my current TC but is tier 3 instead of tier 1 I’ll take them in an instant

TC is king 🤑

[tranquil bolt]

i got resume rejected from mcdonalds swe

tier 1 100%

[wheat isle]

I was getting next steps for DE Shaw Generalist internship and I totally forgot to submit an essay, that was 2 months ago

bruh

wtf is a generalist anyways, and how much would that pay

[broken thorn]

facker

oiI

https://www.youtube.com/watch?v=E3p_Crhi3K8

[wheat isle]

I guess it would be good on a resume for HFT?

Currently have Audible SWE for summer, and Datadog SWE for Spring

I have Google interview in a month

[broken thorn]

mid

[wheat isle]

Yeah

How good would NG for a position like that from Shaw pay though?

more than $220K?

oh L, for some reason I thought it'd be much higher

Studying stats and etc. Praying I can maybe get a quant interview next season

yeah

[broken thorn]

but never less right?

[vernal hornet]

belvedere or millennium swe (for a friend)

[wheat isle]

@restive aspen Wait but won't just the name DE Shaw help with getting past resume stage or no?

Like recruiters look at resumes for like 5 seconds, couldn't you put DE Shaw janitor and it'd be helpful

[void heath]

any good self study resources for quant/hft knowledge? trying to use my christmas break wisely

[stray lava]

does anyone know how non compete works? will another trading firm interview you if you have 1 year nc?

gotcha

i'm at faang and got an offer that's lower than my current TC at a tier 2-3 trading firm, not sure if it makes me easier or harder to hop to tier 1 firms in the future

meta

i'm but i kinda hate my job and the culture here

i guess you're right lol, the job market is so bad right now, most tier 1 firms positions are filled fast or the bar is ridiculous high

you can get decent amount of interviews with any trading firm or fanng internship on your resume

[floral locust]

@rose holly y did chat pop off

[lost stratus]

which firm is it?

quant firms have better resume value than tech/faang for other higher tier quant firms

wdym?

[tulip sapphire]

Tfw ive heard back less this season than i did last season after interning at a trading firm last summer :’(

Im kinda \s I’ve been lazy and Ive also applied less

[lost stratus]

what firm?

?

[tulip sapphire]

I did!

I also interned at Whalur trading last summer

*So you have the same recruiter as I did

Yeah

Early in 😎

I have big hopes for my future at Whalur, they seem to feed from only the top-most talent

Yeah the pay is great

Uh sure, lemme add you

[lost stratus]

@rose holly trolling probably

[tulip sapphire]

Whalur Trading is a global trading and fully systematic investment firm that was founded in 2019. They are known for their quantitative approaches to investing and their use of technology to drive decision making. Whalur Trading operates a number of financial markets around the world, including equities, fixed income, currencies, and commodities. Among providing liquidity to the financial markets and executing trades on behalf of clients, and managing investment portfolios, Whalur Trading is an emerging leader in the financial industry and is overall known for its innovative approach to investing.

Yeah lmao

No website since they are a stealth firm. And anything else is IP-sensitive

“And anything else is IP-sensitive”

They are very secretive

Do you know how they chose the name Whalur?

A partner told me that they chose it so that people wouldnt be able to find it over Darren Waller 🤣

But idk if they were trolling or not

Sounds like they’d be dope at catching signals.

Sometimes the best gems are hidden

Like a Whalur in a patch of tall grass

[broken thorn]

what is the elite 4 in this analogy

[tulip sapphire]

Yeah you don’t need to be from a top school if you have the skills for Whalur

[tulip sapphire]

Yeah i guess it’s kinda a moot point if you meet that bar.

[deep lagoon]

dude is always downvoted to hell.

[stray lava]

is ketchum trading legit?

[broken thorn]

do they accept people with low gpa from non target school with no research

[nocturne estuary]

Anyone know about Thrive Capital?

TC? How is the process?

https://thrivecap.com

Real firm btw

ok i know they haven't been having the best year but that just means that growth opportunities are really good

and going to a hedge fund means that citadel will like me more than if i go to google for sure

[hallow shoal]

[nocturne estuary]

stop it

quant firms have better resume value than tech/faang for other higher tier quant firms

imagine they just own 9 stocks, if i add a 10th stock i get 10% of their bonus

wdym? how is it not right?

[lost stratus]

how is this relevant to this channel?

[nocturne estuary]

wdym? how is it not right?

[lost stratus]

its not a quant firm

this channel says quant

[broken thorn]

i know 1 person who went sig to citadel, but i also know one person who went msft to 2 sigma

[nocturne estuary]

Any firm that engages in quantitative strategies is a quant firm

[broken thorn]

so both are prob viable paths to higher tier qant?

[lost stratus]

not if its branded as a venture capital?

[nocturne estuary]

It isn't though

[lost stratus]

it is on their linkedin

[nocturne estuary]

That doesn't mean the experience isn't relevant

[lost stratus]

how is venture capital relevant to quant

[nocturne estuary]

It seems to me that they engage in various quantitative and numeric strategies, and that interning there would be more useful than going to Google in order to go to Citadel next year

[lost stratus]

where did it say that

[broken thorn]

google to top qant (as swe) is a thing that happens i thonk

[nocturne estuary]

Just some of their posts and website, I dunno. I get the feeling

[lost stratus]

they have no posts and their website doesn't say anything about work

[broken thorn]

how do you prove pigeonhole principle? its usually obvious that it works, but how do you prove the greedy strategy of saturating the cases is valid

[nocturne estuary]

You know that trading firms and the like can be very secretive

[broken thorn]

like if theres 20 pairs of socks that are all labeled left or right, obviously you need 21 socks to guarantee a pair, but how do you prove that beyond "this is obvious"

[lost stratus]

then why did you lie

[broken thorn]

whalmer trading

[nocturne estuary]

Who said I lied

I saw some things before

[clear grove]

pigeonhole

[lost stratus]

no you didn't

[nocturne estuary]

I was under the impression

Why are you telling me what I saw

I can be wrong

[lost stratus]

not can

[nocturne estuary]

I didn't say anything was set in stone

[lost stratus]

you are wrong

[broken thorn]

how do you prove pigeonhole works?

[lost stratus]

you didn't say anything useful either

[nocturne estuary]

I mean I tried my best

I don't want to dox or anything

[lost stratus]

no you didn't

youre just a troll

[clear grove]

wdym its a pretty elementary proof

just contrapositive

[nocturne estuary]

how am i a troll?

you know nothing about me

[broken thorn]

idk what you mean shd

[clear grove]

but i think you can just take it for granted

[broken thorn]

im asking how to prove if u cant take for granted

[floral locust]

@rose holly should I LC or study linalg rn

[broken thorn]

if the perosn says "nah pigeonhole principle doesnt work here, prove me wrong"

[floral locust]

Ok

[broken thorn]

linear code

[floral locust]

I’m too lazy to actually do them I just watch yt videos

Citsec asks?

Or not

Ok I will study for an hour then watch Argentina vs Croatia

[dapper iris]

i will work for an hour then go to sleep

[floral locust]

Ru wfh today?

[dapper iris]

yes aka im off without actually taking off

[lost stratus]

you haven't said anything in this channel recently that that wasn't a joke or something irrelevant to quant

[final forge]

my office has too much work and it sucks L

[long raft]

Name of That Website?

Nvm Found it: https://www.insidermonkey.com/hedge-fund/worst-performing-hedge-funds/

[nocturne estuary]

wait this is demonstrably false

i am interning at a quant firm this summer

[scenic bison]

Ice’s existence is relevant

[floral locust]

Kwant

[scenic bison]

He is him

[nocturne estuary]

https://www.insidermonkey.com/hedge-fund/worst-performing-hedge-funds/

[long raft]

Oh thx! 🥰You were faster than me with posting the Link 😂

[nocturne estuary]

oh

oops

[scenic bison]

Can I go from coinbase to ftx? Will coinbase help me get into alameda research and thrive capital?

@nocturne estuary pls answer

Super serious

[nocturne estuary]

yeah if i can do bloomberg to quant you can definitley do coinbase to ftx

its the same thing

literally

[scenic bison]

What about thrive capital

[floral locust]

Ftx hired a few coinbase engineers

[lyric loom]

cap

[nocturne estuary]

ok you have my linkedin

[lyric loom]

i know where u will be next summer

and ur lying

[nocturne estuary]

i think thrive > coinbase cause they are actually an investment firm

[nocturne estuary]

JANE STREET BIZDEV

tell me then

where will i be

[scenic bison]

I agree. I think any firm exp is better then big tech

😁

Flow traders since it’s a firm.

[floral locust]

Deepmind or IMC barista

[nocturne estuary]

always pick quant

because i've seen on linkedin

[floral locust]

IMC barista since you get experience providing liquidity

[nocturne estuary]

they all go to top quant way more

[nocturne estuary]

[broken thorn]

good one devg

[nocturne estuary]

honestly if i got citadel and thrive capital i would take thrive becuase thrive would prepare me better, on linkedin more people from thrive go to radix than from citadel

[scenic bison]

I agree. Citadel isn’t a prestigious firm, thrive capital hires less so it will get you into radix

[lost stratus]

https://www.linkedin.com/search/results/people/?currentCompany=["3805043"]&origin=FACETED_SEARCH&pastCompany=["1474021"]&sid=UeJ

[lost stratus]

how would venture capital equate to quant?

[nocturne estuary]

it's all the same numerical work, the models used to price firms and judge whether they are good investments. a lot of VC is quantitative these days, and there is definitely a lot of overlap

[broken thorn]

ngl being ceo sound smiserable

[lost stratus]

source?

[broken thorn]

id rather just be big shareholder that doesnt do shit

[nocturne estuary]

i dunno like general knowledge, some random article i read? i don't have like an article on my mind saying that this is true

[nocturne estuary]

isn't this the dream

[wild belfry]

Your entire existence in this server is an AI social experiment

[lost stratus]

so youre capping?

[lost stratus]

how so?

[nocturne estuary]

no? should i have an article ready for any claim i make?

[lost stratus]

youre the one who said there are articles

[broken thorn]

source?

siurce?

do u have a study packinf up ur claim

[lost stratus]

how would some "random" article be able to know so much

why do you think so?

[stark crow]

I can always count on this channel for my daily dose of comedic relief

[nocturne estuary]

but basically you want me to have peer reviewed articles ready for every claim that i make about anything

[lost stratus]

serious

[stark crow]

name a better way to cool off from a stats final than to read the ramblings of the average cscd #quants-n-traders enjoyer

[floral locust]

He is black swan

[lost stratus]

no I was just asking for a single source but everything youve said to me so far has been some sort of joke or troll message so idk what you expect

[floral locust]

Did u read that book @rose holly

Good

[nocturne estuary]

BLACK SWAN

[lyric loom]

emperor ice — Today at 12:54 PM
BLACK SWAN

[nocturne estuary]

https://tenor.com/view/bts-bangtan-boys-bangtan-sonyeondan-kpop-rm-gif-16310225

[stark crow]

Test the hypothesis that he is two sigma above the average at a 5% level of significance.

[steel heron]

quant quant quant quant quant quant quant quant quant quant

[floral locust]

If p value is too small u should be worried about ur test setup

T value only good from 2-3

[stark crow]

LOL an entire class of degens and no one has made this joke yet

[floral locust]

Anything higher is sketch

Anything lower is null result

[lost stratus]

if you acknowledge it then why do you still consider it troll? I don't understand why its bad in anyway to not take a joke when i'm only here to find out anything about quant firms that I haven't found already

serious answer

[steel heron]

as a recruiter from radix trading im disappointed with your behavior

Colin “Don’t call me “Colin “Radix Trading” Davis”” Davis

[wild belfry]

Radix won’t hire u with that attitude

[lyric loom]

@rustic wind

[fast mountain]

^you have been graced by the holy yahkuna matuda

[lyric loom]

@lost stratus do u want to be graced too

[lost stratus]

what are you referring to? the only thing I remember significantly like that is when I said quant firms have better resume value, but I never said they are objectivly a better place to work at

[lost stratus]

what does that mean

[scenic bison]

Y’all rocking with Gilbert

[steel heron]

[nocturne estuary]

literally

it doesn't wanna work

[stark crow]

yuki is openai’s secret

[floral locust]

King James logo!!!

[nocturne estuary]

WOAH

[fast gazelle]

does anyone know what thrive capital asks in phone round

[steel heron]

they asked me if i was embarassed if they peed my pants

luckily i checkes glassdoor before

[lyric loom]

wait u werent talking about me

[fast gazelle]

hi kuna

do you like my pfp

[nocturne estuary]

kuner

[fast gazelle]

kuner

[lost stratus]

i'm not sure what you mean by substantial amount of anecdotal evidence, I'm pretty sure I mentioned that I talked to recruiters, managers, and high level engineers at all 17 quant firms I interviewed with, about this topic specifically.

I also mentioned I have talked to recruiters and managers outside of interviews at some bigger and smaller firms

Thats why I don't see how mentioning poeple who work at tech companies don't apply to quant firms being relevant because I was just going of what people at these firms told me that they like to see on resumes

[nocturne estuary]

quant firms when they see me reapply for the 5th time after getting rejected with thrive capital on my resume

he won't listen

there is always thrive capital

[lost stratus]

but they literaly said it was because of resume?

and its more 0/13

waiting for like 5 or 6 firms to get back to me, some after final

yeah

thats what I think too / dont know why they would do that

thats also a reason why i'm just trying to find as many firms as possible to increase success rate

[steel heron]

radix trading (or labs, i forgot) told me i would have gotten offer if my gpa was 2.9 instead of 2.8

[nocturne estuary]

did you tell them you had thrive offer

[steel heron]

no

should i reapply

with them on my resume?

[nocturne estuary]

yeah probably

[steel heron]

(2022-2022: thrive offer)

[nocturne estuary]

insta-accept

thrive is the latter to çross the GPA gap

[stark crow]

radix trading (or labs, i forgot) told me i would have gotten offer if i had a comma for one of my bullet points on my resume after perfect final

[nocturne estuary]

pls pin this

[lost stratus]

i mean if you think I was considering those then technically my resume reject # is at like 90 for quant firms

no like 90 of those generic rejection emails from applying

[nocturne estuary]

there are 90 quant firms worth applying to

if you got an interview, most likely you already passed resume screen

[lost stratus]

for the firms on the smaller end, the recruiters were open to setting up a call with me to discuss why reject, managers/eng also told during interview that they were looking for more trading firm exp

[lost stratus]

most likely

not guarenteed

[steel heron]

imc

[lost stratus]

what you consider a quant firm "worth applying to" isnt the same as what I consider it to be

[nocturne estuary]

wait so you are telling me that small no name firms want prior experience at trading firms, and you want to get experience at firms so you can get into those no name firms, so you can then get into big quant firms

[lost stratus]

yeah, theire feedback for the question: what can I improve on was get more experience at a trading firm

[rose holly]

lol

[nocturne estuary]

there is no way, do you really think they will spend firm money interviewing someone and THEN look at their resume and say wait nevermind

[lost stratus]

well i didn't interview for every single one so i can't speak for all but the ones that rejected me for that reason yes

[nocturne estuary]

probably because they hire Citadel and Optiver hire to fire people

[steel heron]

skill issue

[dapper iris]

from my personal experience i refuse to believe someone can interview with 17 firms and have all 17 say it was because of resume and not interview performance

[round mirage]

@lost stratus I think you shouldn't drop out and instead should leverage more school time to gain the skills wanted for quant rather than applying to random firms that nobody has heard of

[lost stratus]

i said it was closed to 14, still in the process for some

[round mirage]

If you're deadset on quant that is

[lost stratus]

what is this personal experience?

[dapper iris]

the probability of rejected because of resume given an interview is already very low

[steel heron]

get a tech internship this summer and practice your skills

[nocturne estuary]

this is the general consensus but he does not listen

[dapper iris]

now whatever that probability is to the 14th power is omegalow lol

[round mirage]

radix simp has some good internships, he's not completely lost

[dapper iris]

like sub 1% prob

[broken thorn]

what intern u have mr simp

[lost stratus]

I think differently htan you and don't like school is the reason I will not be doing this

[round mirage]

damn i say nothing new

[nocturne estuary]

its ok maybe if we repeat it enough, it will get through

[round mirage]

elaborate?

[steel heron]

ok

@lost stratus I think you shouldn't drop out and instead should leverage more school time to gain the skills wanted for quant rather than applying to random firms that nobody has heard of

[round mirage]

I don't like school either but I'm down to do a 5th year masters to get a chance at quant (also I wanna do a research paper)

[lost stratus]

i just prefer working full time so if it comes down to it, im really okay with working some really tiny no name firm

[floral locust]

ok

[dapper iris]

because I know that people don't give interviews to people who they already in their minds dont have a resume they think pass the bar--like they already know you don't have quant firm experience before giving you an interview why do they think you'll have it after your interview?

like advice is one thing but the reason you failed is another

[floral locust]

@dapper iris wanna get dinner tomorrow?

[dapper iris]

sure

[floral locust]

ok

i dont know u

[lost stratus]

I can't say for sure then because some of these places said my interview performance was fine but they just wernt looking to hire junior places in the first place so I know it can't only be my interview performance

[steel heron]

letting you down easy

[dapper iris]

That can happen but my point is it's unlikely so happening 14x in a row is almost impossible

[lost stratus]

historically I have bad rng so I'm willing to accept it

[nocturne estuary]

its okay literally every single one of 14 firms gave him this exact reason so it must be that he need to go to bottom of the barrel quant firms so he can go to low mid tier quant firms so he can then finally one day break into the top firms

[nocturne estuary]

if you think this way then you shouldn't go into trading uh, independent events or something

[dapper iris]

it's like historically bad rng let me give an analogy

[nocturne estuary]

top tier "rng" is literally just Ken's kids

if you don't have that, then you have historically bad "rng" i guess

[lost stratus]

no i mean I don't care if I can keep getting interviews and move past a first round, i know im not failing every one of them, just not all

[stray lava]

It depends on the firm

[dapper iris]

if you think even there's a 30% chance they reject you for that reason (which imo is already really high) then its like the equivalent of winning a 14 leg parlay for 141800x

if i could do that i wouldnt work anymore

[steel heron]

parlay?

[floral locust]

u have a gambling addiction

[stray lava]

Larger firms like citadel doesn’t really care about past experience, small firms do

[floral locust]

parlays are such -EV

[steel heron]

pirate parlay

[dapper iris]

yes its higher EV to just all in your winnings on the next leg

[steel heron]

https://tenor.com/view/parlay-pirates-jacksparrow-gif-6201211

[lost stratus]

okay let me restate, I think its possible I may have not done the best in some of my interviews,

but I know that is not the case for a majority/not all of them - the ones I did well in were also some of the ones that they specifically told me to go work at a trading firm specifically

[steel heron]

[nocturne estuary]

FUGAZZI TRADING

PROCESS? TC? WEBSITE???

[steel heron]

borel borel trading

[dapper iris]

can u tell me logically why they would interview you, knowing you haven't worked at one, just to tell you to work at one first. wasting thousands of $$ probably of time

[lost stratus]

I didn't include the interviews I had that didn't say that, i had a few more interviews at some other firms, (so more than 17 total, but I just don't count those because I know I didn't do well ont hem)

[lost stratus]

I literally do not know, for example Boerboel Trading and Spark IM are very small firms who literally told me this, they took me to their final rounds and then told me that

i think 20+

~130

and 25 oa's

yes

[dapper iris]

who the fuck is boerboel trading and spark im

actually ive heard of the first one

[stray lava]

boerboel pays well

[lost stratus]

theyre in my list in pinned in this channel

[stray lava]

I think they pay 200k base

[dapper iris]

what is well

[lost stratus]

still interviewing with some firms I think i said this like 3 times

[lost stratus]

iv heard 900k tc for qr ug

ik they can do betteer than citadel for ng but idk for experience

[dapper iris]

dang

[lost stratus]

was this for swe

[floral locust]

no

he kept trashing them lol

[dapper iris]

which anish

[floral locust]

dm

[long raft]

Annual base salary range of $125,000 to $300,000. Pay (base and bonus) may vary depending on job-related skills and experience. A sign-on and discretionary performance bonus may be provided as part of the total compensation package, in addition to company-paid medical and/or other benefits.

[lost stratus]

i have previously interned at ------, coinbase, and facebook

third year, interviewing for FT

[lost stratus]

what did he say?

[floral locust]

idr, i think the headhunter claimed he could've gotten 650 first year but he didn't like the vibe

also they weren't very academic at all

[lost stratus]

oh ok so personal pref?

[floral locust]

uh

i think there are other reasons to not start ur career there

like they're not rly that developed

[lost stratus]

what was it?

[floral locust]

and u wouldn't learn as much there compared to somewhere more structured

[round mirage]

surely you could work at an adjacent job, think infra, ML, or maybe compiler work and earn your stripes if shotgunning random quant firms isn't working?

[lost stratus]

if I run out of quant firms yeah

[lost stratus]

structured as in?

[floral locust]

idk

[hallow shoal]

https://tenor.com/view/troy-community-room-fire-pizza-gif-5612111

[round mirage]

well I would wager that you have 0 chance at smaller firms considering they're probably not looking to train anyone, they probably want people with the exact skillset they are searching for

it would be better to come up with a backup plan now rather than shooting for the stars in a hot air balloon

[long raft]

Boerboel has 2 employees on LinkedIn 🤔

[floral locust]

you missed out on the eugenics debate started by the frog yday lol

[lost stratus]

well for swe it should be similar to tech

[floral locust]

godtier

[hallow shoal]

walked into here seeing a huge wall lol

[lost stratus]

the backup plan is random tech companies with adjacent roles like you said but thats only if I run out of quant firms...

[round mirage]

do you have an offer from one?

(adjacent tech company)

i'm an empath I can reach him

[lost stratus]

? i have more firms to interview with still

[steel heron]

dark empath

[lost stratus]

not atm, its something I will look into later since

[round mirage]

well securing backup plans usually happens before you ruin your shot at them?

[floral locust]

y not hedge

[lost stratus]

im not close to being done with quant firms though

[round mirage]

not to mention the backup plans are lowkey as hard as getting into quant

[round mirage]

brother, they're done with you though

[floral locust]

it's like being stuck in low elo tinder

when in elo hell just gotta take a break

[steel heron]

skill issue

[long raft]

Has someone here smth about Da Vinci trading? They keep popping up in my LinkedIn

[hallow shoal]

isn't entry most big firms cause they have better training programs? pardon my lack of knowledge

[steel heron]

Theres always another

[nocturne estuary]

thrive probably

[round mirage]

what do you think you can offer these firms that they couldn't get elsewhere? I get that you don't like school but there's no logical reasoning behind your actions rn

[steel heron]

Rope capital

[round mirage]

or maybe there is, but you're not explaining it well

[lost stratus]

I don't completely agree with that, i personaly don't think training infra is needed for smaller firms,

but there are some smaller / lesser known firms that might be a bit less prestigious but they would definelty be open to hiring a junior because they are looking to expand / (some told me they are looking to expand and hire more junior people in the coming new year)

[round mirage]

welcome partner

[lost stratus]

no? i'm still finding more and i have interviews with some still

[floral locust]

optiver told me they prefer personalities that are intellectually curious and not just in it for the money for ng trader rofl

(they rejected me)

[steel heron]

Rope capital is actually not a quant firm. note the capital in the name

[lost stratus]

I found a few tiny firms recently, going to interview with them / reach out to them to confirm its what I want but i will add it to the list in a couple of days probably

[lost stratus]

they are a quant firm and offer resume value as a quant firm

[round mirage]

I'm bantering a little but I'm not out to get u, I promise. reread my question

[floral locust]

i agree

[lost stratus]

tiny firms like tanius for example are wililng to hire juniors while not having any sort of new grad pipeline or anyhting

[steel heron]

oh no

@signor

[round mirage]

if my kid is smart i would like to genetically engineer them to be dumb so i can manipulate them personally

[lost stratus]

wdym offer? theyre willing to hire a junior eng -> i am a junior eng whos worked at 3 tech companies

[round mirage]

your premise is wrong, they're willing to hire junior eng that meets some criteria of [nepotism, high level of skill, high level of knowledge], none of which I think you have

[nocturne estuary]

Honestly, just make your own trading experience. I've worked on a number of trading related personal projects and been on quant related clubs and I think DRW did appreciate that experience. But throwing away your career to join an obscure firm is not the move honestly. They probably just don't like the fact that your projects at top tech were probably like frontend react stuff i dunno (just a guess not real), and not really relevant to the world of trading.

[round mirage]

working at tech isn't good enough to get into quant

[round mirage]

I'm not trying to be mean btw, I 100% have more experience than you and I wouldn't even consider myself high skill

[lost stratus]

i think high level of skill and knowledge isnt a definitive thing at some smaller firms considering my resume stands out to them just because I have fb on my resume

[long raft]

Please provide a tldr; when the discussion finished 🥲

[round mirage]

what tangible benefit do you offer firms?

[steel heron]

How do i grt out of low elo tinder

[round mirage]

these are basic questions you need to answer if you're going to take this path man

[nocturne estuary]

the interviews aren't the problem, its just not having prior trading experience

Hey, I know you're considering joining that big tech company, but have you really thought about the long term consequences? Sure, they might pay well now, but what about in 10 years when they inevitably get disrupted and you're left with no job prospects?

Instead of wasting your time and money on a college degree, why not take a risk and join this obscure trading firm? I know it doesn't pay well, but the experience and connections you'll gain will set you up for success in the long run. Trust me, it may not seem like the best option now, but the opportunities it will open up for you in the future are priceless.

Top firms like Radix Trading value experience at smaller, lesser known trading firms over a college degree any day. They know that the skills and connections you gain at a place like this are invaluable, and will give you a leg up over your competition when it comes time to apply to their firm.

So don't let the allure of a high paying job blind you to the bigger picture. Take a risk and join this trading firm, I promise it will pay off in the end.

[lost stratus]

probably? I can't say for certain but i only said the tiny firms sometimes like my resume, but they also reject me for not having any sort of trading firm exp either which doesnt make sense to me either but it happened

[round mirage]

i have to earn my discord validation somehow

[lost stratus]

whatever an swe has to offer?

how do you determine being nice vs it actually being what they wanted

[round mirage]

so you offer nothing unique? why would small firms, who barely recruit, who don't have the time to train juniors, and who are probably struggling financially, go out on a limb and give you a shot?

[floral locust]

HRT is simply making room for @rose holly

HRT HRT HRT HRT HRT

[steel heron]

places arent going to give you real feedback

when u ask for it

[nocturne estuary]

yeah Citadel told me the same thing

[lost stratus]

so you think no firm will ever give feedback or advice?

[round mirage]

maybe if you were ICPC gold medalist you could walk your way into a firm on virtue of intelligence, but some rando tech worker who just builds CRUD apps isn't unique at all

[lost stratus]

tinder is a waste of time

[floral locust]

some firms might if u were on the edge

[nocturne estuary]

is this what he said? no. so then why are you making strawmen?

[floral locust]

if u were a shitter tho they won't probably

[lost stratus]

they don't recruit because they don't have anyone to focus on that

[floral locust]

This candidate is fantastic, just needs to work on communication, aim, map awareness, crosshair placement, econ management, pistol aim, awp flix, grenade spots, smoke spots, pop flashes, positioning, bomb plant positions, retakes, bunny hopping, spray control and getting kills

[steel heron]

[lost stratus]

no i'm asking, like how would he ever know if a firm actually means it when they say that

[nocturne estuary]

real life alameda feedback in league

[lost stratus]

all of my internshpis have been backend/infra related so all distributed systems work, not sure where you got CRUD apps from

[round mirage]

yes, and so if they recruit you, you must offer a tangible benefit to the company. you are a drain on a company as a no knowledge junior, so it will be -EV to hire you

[floral locust]

it is in the recruiter's best interest to reject as nicely as possible

just so they don't unnecessarily burn bridges

and also keep good rep

[round mirage]

remember, these companies can do a simple cost benefit analysis

[lost stratus]

why would they waste their time setting up a call just to discuss that then

[long raft]

Time is money 💸💸

[steel heron]

This convo is the same place

[lost stratus]

so i'm just never going to know what to improve on?

[round mirage]

it's a hyperbole, I am just saying that your experience is not unique and you cannot will your way into a firm based on pure desire

best track on a shitty album

[lost stratus]

only one internship is somewhat low latency / cpp related

but my os / networking knowledge is only conceptual but all my interviewers seemed satisfied with that

The ones I did get rejected for not doing super well was messeing up on cpp

but some of these places just rejected me after only a verbal interview with no coding involved

[round mirage]

2nd best actually, jimmy crooks clears

[round mirage]

How are you applying to every quant firm under the sun without knowing C++ backwards and forwards?

[dapper iris]

the main reason no one gives feedback is to protect themselves

they dont wanna be sued

[lost stratus]

not all quant firms require in depth knowledge of it

[floral locust]

how long until u start doing interviews?

[round mirage]

well, if I were you and I wanted to walk this untreaded path I would make sure that I maxed all my skills before blowing legitimate shots

[lost stratus]

some of these asked me nothing about cpp

[floral locust]

wHaT hApPeNs wHeN yOu tUrN oFf tHe lIgHtS

[dapper iris]

maybe like 2-3 months

[round mirage]

if you really want to do what you want to do, you should at least be excellent at leetcode, C++, OS, etc. you're just getting your weak points exposed, but you're not working on them at all

[lost stratus]

its not impossible though?

if I increase the number of firms I reach out to or apply to, then its more likely I can get something

[round mirage]

Yes, your .1% chance becomes .2%. Is this something you really want to bet on?

[lost stratus]

if it leads to an offer then yeah why not

[fleet oriole]

There’s still firms you haven’t applied to yet? 😂

[round mirage]

ah

[lost stratus]

its not like any good t ech companies are hiirng rn in nyc

[lost stratus]

yes

[round mirage]

you're deep in gamblers fallacy

nobody can reach you

[lost stratus]

have a headhunter who hhas some more firms for me so im waiting on that

[round mirage]

Wanna take bets on the world cup lol

[lost stratus]

i don't follow sports