#quants-n-traders

1 messages · Page 16 of 1

clear grove
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yeah for quant swe you do

fringe flint
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nightlife tho

tulip sapphire
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sounds like a skill issue in you finding cheap housing \s

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their def r cheap options but most people just want their own room with AC + nice view

fringe flint
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The nicest places will have the most rent this is common sense

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Can you refer to me as big daddy from here onwards please

lost stratus
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The name seems like its a meme its probably bad right

fringe flint
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😭no

broken thorn
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why are you trapped in a kaleidoscope

long raft
lost stratus
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maybe they don't pay well

broken thorn
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their hotel offshoot goes kinda hard

long raft
#

Looks like their are hiring Quiz aggressive. On LinkedIn and on their Website they mention everywhere That they are hiring

lost stratus
long raft
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Apparently they already had interns 🤔

lost stratus
rose holly
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BUY BUY BUY

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SELL SELL SELL

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BUY BUY BUY

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UNBUY UNBUY UNBUY

long raft
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Any London quant (devs)s here?

novel python
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anyone know anything about jpmc aiml quant analytics superday?

novel python
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not sure if I should be expecting leetcode or green book type questions

floral locust
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HRT HRT HRT HRT HRT

stable radish
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<@&868936794601828492>

steady gale
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bro said no music in quant chat

final forge
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it’s unlikely my boss worked less than 12 hours today KEKW_RECESSION_EDITION

barren steeple
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and get a life

final forge
rose holly
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do u have a grind plan for getting some bitches?

barren steeple
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i like men

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bbc preferably

cloud spear
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Isn't /r/quant more for financial focused quants, i.e. traders

gentle meadow
wheat isle
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Hello

dense canopy
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is it worth grinding lc for qt if only 2 companies ask it in their process?

rose holly
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the 2

dense canopy
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drw and akuna

tulip sapphire
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isnt that manual trading and not quant trading

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i would never do non-quant trading

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that's kinda it

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except they also have ug QRs

final forge
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bare minimum they have non-quant trader, quant trader, quant research, quant dev

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No I don’t know what the differences are dogesmile

broken thorn
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all i see is quant quant quant quant

final forge
broken thorn
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quant quant qutna t

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is putnam a uquant?

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i did

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will do a second time with a new identity

final forge
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o ya dude I know there isn't quant/trading side

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they're dev dev side lol

tulip sapphire
final forge
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tbh I'm dev dev side somewhere comparable and I have 0 insight into how comp works for quant/trader folk

broken thorn
final forge
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I don't think entry trader trader folk make that much, just a guess

broken thorn
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and then asking

final forge
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apparently I need to learn how to play poker

broken thorn
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LOL

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poker is the golf of quant

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speaking of poker and game theory

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thoughts on memorizing sentences and using them as seeds for random decisions? like for your 10th decision if u want to do 33-66 probability split look at the 10th letter of the sentence and if the letter is first 1/3 of the alphabet do the 33, and if its in the second 2/3 of the alphabet do 66

weary path
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read designing your life

floral locust
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Optiver is like p much manual

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Stare at screen all day

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Yes

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More profitable

tulip sapphire
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they should just hire league players

floral locust
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Gamers

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SIG

tulip sapphire
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those mfers are insane at clicking shit on big screens

long raft
floral locust
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is this mal?

viscid lynx
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anilist >>

cloud spear
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relapsing on overwatch already smh

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sad

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likely story

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bet you're asking for smoke breaks and playing ow instead

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truly despicable

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sounds fake

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nice graphics card obviously

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but also damn wtf why is water not frozen where you are smh

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must mean this is an old photo

royal forge
cloud spear
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ew jungler

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hmmmmmmmmmmmmmmm

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likely coverup story

floral locust
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@forest cobalt this list was fun to build

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lot of nostalgia

royal forge
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maybe anime -> quant is the real pipeline

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how tf u guys watch so much

floral locust
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yugioh, bleach, naruto, shippuden, hxh, jojo hard carried probably

cloud spear
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obviously best anime are highschool dxd, highschool of the dead, seikon qwaser, redo of healer, sao, and the millions of isekai

cloud spear
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average quant probably pulls into work with an ahegao keyboard and hoodie

floral locust
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i think this is more endemic of being on discord than kwant

cloud spear
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even wearing a cooked egg to pretend the heat is real smh

final forge
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quant gapped — taking gardening leave before you start KEKW_RECESSION_EDITION

cloud spear
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btw @rustic wind out of curiosity what's your hybrid schedule like

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or is it full in-person

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looking at nyc rent has made me realize my goal is to move as far out of the city as possible KEKW

tulip sapphire
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Hi everyone.

I've never programmed until a week ago and am wondering what this "LC" that I see everywhere is

tulip sapphire
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you can watch vids on 3x speed

cloud spear
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all us cs majors are so depressed that we have a major drinking epidemic

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leading to widespread liver cancer

tulip sapphire
cloud spear
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i'm ready to drop into an office with only male face ahegaos ez

cloud spear
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oh rip

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basically in-person still smh

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I had hopes quant places might be more remote

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at least the office looks more accessible from brooklyn

hasty hill
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The more high octane a place is the more likely they will want u there is my bet

cloud spear
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rip

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I'm 3 days in person at bb but my gripe is just that it's too far from brooklyn

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so I have to shell out extra $$ for rent

dapper iris
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how tf u guys watch so much anime

tulip sapphire
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oh wait i just google'd what the words "ahegao hoodie" meant

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mb they just came in with some anime outfit

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not an ahegao hoodie

hasty hill
# broken thorn life imitates art

i am sick and tired of your high brow comments every day in the quant channel, if you put in half that effort into melee i would see you at top 8 going toe to toe with jmook but instead you are here

hasty hill
broken thorn
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real talk someone came to a wrestling practice with the ahegao hoodie

cloud spear
frigid zealot
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Any clue on when HRT will be hiring for 2024 New Grad?

broken thorn
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mans minoring in one piece lmfao

hasty hill
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this tells me all i need to know

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if you're an 86 fan you deserve no interview

dapper iris
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wtf

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gg haters

floral locust
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@dapper iris is a rent a gf fan

dapper iris
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I need to update my list

floral locust
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higehiro a 9???

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aot 4, jjk 4, bleach 1, kaguya 2, code geass 4 WazowskiStare

dapper iris
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ok aot should be rated higher tbf

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I think i watched so much anime i rated higher

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and there's no .5s

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so i just kept moving it down

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bleach being a 1 is kinda of a meme but i didnt like it

cobalt sable
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higehiro was dirttt bruh

dapper iris
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kaguya is a 2 bc i watched 3 episodes and didnt think it was that good

cobalt sable
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u need to keep watching it

cloud spear
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real tbh

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aot ending absolute trash

cobalt sable
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ah hell nah

dapper iris
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ok yeah ill admit thats one everyone said i would like

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so ill prob get back into it eventually

cloud spear
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best way to consume kaguya is obviously the manga

dapper iris
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low key

broken thorn
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i havent watched it but dont ppl say love is war is good

dapper iris
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yeah

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its like one of the highest rated

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but i just couldn't get into it

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i should stop rating shows i havent finished tho xd

broken thorn
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bring your child to work day?

hardy cape
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doesnt have to be your child

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oregairu 4 smh

cloud spear
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obviously best anime is redo of healer

hardy cape
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oh god

cobalt sable
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keyaru sama

hardy cape
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coward

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post it

limpid nacelle
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If this the quant or anime channel? wazowskiSanta

hardy cape
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whats the difference

limpid nacelle
hardy cape
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same thing

limpid nacelle
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My degen

hardy cape
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it's a valid question

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lmao

broken thorn
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yikes is that canon?

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glad i havent watched it then

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would be way cooler if they went to waterloo and got facebook university internships

final forge
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fma:b is the real crime

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evidence of peasantry

dapper iris
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animations seemed bad

hardy cape
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blasphemy

dense canopy
deft saffron
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bro davis square is the shit

odd sandal
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@dapper iris

floral locust
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song

dapper iris
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@odd sandal

small slate
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Hey sorry to bother you guys with this, but I was wondering - were there any resources you used online to prepare for the OS knowledge you'd need for interviews at trading firms?

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Also, has anyone here studied using the Elements of Statistical Learning?

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Ostep looks perfect, thank you for the recommendation.

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For sure, thank you so much once again! I was wondering - how long do you think it took you to get through the book?

rose holly
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uiuc is a quant feeder?

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wtf

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no cap?

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ik quite a few people who got into their masters program

final forge
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uiuc is a top cs school, I'd guess they feed a lot of chicago firms due to proximity.

rose holly
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wtf

final forge
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anecdotally I know a lot of umich folk

rose holly
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i should to my masters there

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my no name canadian school

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aint helping

final forge
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to be clear no idea what the actual stats are on that type of thing. small field

rose holly
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still

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being close

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to these funds

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should help a lot

final forge
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(also from an entry level perspective being swe at a mid trading firm nothing to die for lmao)

rose holly
rose holly
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why dont quantshops use rust

final forge
#

rust is also new asf. haven't personally worked with it, don't know how mature the ecosystem/tooling/language is

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you have a lot of moving parts in the real work you typically don't have the option of saying screw it and rewriting most of your code base in a new language. (and having all your developers learn a new language with what I understand to be some fairly large fundamental differences)

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I'd be curious how rust handles metaprogramming and other funny performance things. at least from my perspective I don't see the memory benefits as being so earth shatteringly awesome to justify the insane effort to change everything

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You'll find that firms don't even use the newest version of c++ often times because there are random difficulties in getting stuff working.

rose holly
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well it’s not just memory but you also get safe concurrency + there are people working on allowing c++ magic in rust

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so you can literally import ur c++ libraries into rust

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but ya i get ur point

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well

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depends

final forge
rose holly
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but ya for most cases it doesn’t matter

final forge
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I mean yea? end of day there are pretty big diffs between C/C++/Java/Python such that they're all actually used in industry and are essentially not interchangeable. haven't personally used rust but the promises of memory safety seem potentially very useful for certain use cases

final forge
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4 (maybe 5) > 2? and those are only the langs I'm familiar with. functional langs exist and I'm sure they have virtues irl, I just haven't used any extensively to comment

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like you can't just say oh C and C++ both high performance, interchangeable...

Java is really neither high performance, nor scripting, but I still think it makes sense for most enterprise apps.

Not like programming lang flame wars are really a part of a cs degree rofl, just stuff you notice actually writing code

wheat isle
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And as far as performance goes it ends up having a lot to do with the respective compilers. Java is quite old meaning mature implementations that have incredible JIT compilation abilities and garbage collection.

wheat isle
wheat isle
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Yeah they mention that the use of ocaml and it's clear syntax allows for traders and less programming savvy employees to be a part of code reviews to make collaboration with SWEs easier

final forge
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can’t speak to all quant shops, but jeez c++ can be super duper unfriendly, but I guess it’s what people are used to. I don’t know rust, but I doubt it’s intrinsically any more complex than c++ — I’d describe c++ as pretty egregiously complex and painful, but it’s also what people know, code based are written in, and existing build infrastructure is set up for.

wheat isle
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The core of the reason is still ecosystem and pre existing codebase. I don't think Rust is that impossibly hard to learn where you couldn't onboard and teach it. Especially if the memory/concurrency safety benefits were big.

barren steeple
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difficulty in us colleges is extremely easy especially if youre coming from an asian college

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college is murica is meant to primarily have fun and party

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i go to ut austin and I think its pretty feasible to get all As in cs classes doing < 15 hrs/week and never going to class

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and dont consider the canadian schools or ucsd not owrth study abroad at all

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and not sure if uta on ur list is Ut austin, but location is oretty solid cuz its right by downtown, of a big city

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versus like uiuc which is in a small college town

tulip sapphire
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lol at the above convo

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saying a PL is better/more powerful than another in absolute is probably limiting and conceptually erroneous

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if you really cared about LL there are better usages of your time than rewriting code in Rust

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the convo also reminds me of the stackoverflow post on branch prediction where a comment is like 'oh shit everything i learned in DS&A is meaningless, a branch prediction error could lead to more latency than an O(n) vs O(nlgn) algo'

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otoh, ive taken 3 system courses at my uni, one was in Rust, the other was in GoLang among others, the last was in OCaml and the class with OCaml had the most cursed code whereas the class with Rust had the cleanest code

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and ive never worked with the langs outside of classes 😢

hasty hill
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Until you go deep into lifetimes peepoBigSmile

tulip sapphire
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im dumb but lifetimes was fine for me with compiler guidance since the compiler is v v smart

rose holly
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where do i learn more about this stuff

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holy

floral locust
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this is like hardware stuff

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fpga and hardware generally pays less than swe at prop shops tho

rose holly
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wont hurt to learn tho no?

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its actually interesting

tulip sapphire
rose holly
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i never thought about this stuff before

tulip sapphire
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you can also just jump around wikipedia

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starting at basic stuff like https://en.wikipedia.org/wiki/Karnaugh_map

The Karnaugh map (KM or K-map) is a method of simplifying Boolean algebra expressions. Maurice Karnaugh introduced it in 1953 as a refinement of Edward W. Veitch's 1952 Veitch chart, which was a rediscovery of Allan Marquand's 1881 logical diagram aka Marquand diagram but with a focus now set on its utility for switching circuits. Veitch charts ...

rose holly
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based

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ty

floral locust
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do most hft firms go w/ asics or fpgas for their super fast strats

tulip sapphire
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i have a friend who works on a HFT team as a core SWE on fpgas at HRT

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i can ask him

broken thorn
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source: i worked at the company who made em

floral locust
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aren't they mainly made in taiwan?

broken thorn
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also talked to a optiver dude whos title is fpga engineer

broken thorn
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arista bought out metamako and they make the crazy fast ones

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like 700ns or something

tulip sapphire
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the reason im not so sure is cuz devg specified for "super fast strats"

floral locust
tulip sapphire
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LMAO

broken thorn
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inline prior function thanospog

tulip sapphire
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I mean both are options, but fpga should be more common
is what my HRT friend said @floral locust

wheat isle
#

Not performance, and I'd agree that finding ways to use FPGAs is more efficient

floral locust
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most people still use c++ for legacy reasons right? i would imagine it's not the most efficient use of resources to rewrite entire code base to rust

tulip sapphire
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with smart pointers it's easier

floral locust
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and also too prone to unknown bugs mb

hasty hill
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You can talk circles and circles over performance and usability ad infinitum lol

wheat isle
final forge
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the more I c++ I read and write the more I realize I have strayed from gods light

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forgive me father for I have sinned

final forge
hasty hill
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But mem safety alone is not enough to choose rust over cpp probably

final forge
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afaik only altera (intel) and Xilinx (amd) make the actual fpga chips, I’m guessing arista leverages fpgas for their network solutions

fringe flint
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Nice opinions everyone but I rank languages based on how short their print statement is to type. We aren’t the same.

broken thorn
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@robust totem @final forge i dont know specifically for fpga but for asics companies will generally buy their silicon from broadcom and then make their own products and put their own software on it

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cisco does both afaik (make their own and buy from broadcom)

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i assume its the same tho

royal forge
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For swe or trader roles

rose holly
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lower?

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qt bar is lower?

rose holly
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what the fuck

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thats not true

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IS IT

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WHAT THE FUCK

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CAN SOMEONE FROM QUANTSHOPS CONFIRM

final forge
#

getting swe interviews was pain and it’s been suggested to me I might have had better luck gettin quant interviews. Can’t confirm dunno, but I definitely would not have passed quant interviews anyway lol

floral locust
final forge
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resume bar seems probably lower? tho gonna be real I still don’t fucking know what the diff quant types do, and I’d hesitate to make sweeping generalities because I think they actually do fairly different stuff

stark crow
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JS gives out QT interviews like candy at halloween lol

fast gazelle
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yea it seems like getting trading interviews is easier

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but trading interviews are harder to pass

cloud spear
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huh

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trading interviews are mainly statistics/probability right?

rose holly
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no its probs more thn tht

stark crow
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if you've taken a uni stats course you're fine imo

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at least from what I've seen is asked at qt interviews

rose holly
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i took two stat & prob courses

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and got an A- in both

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i wouldnt say im good at it

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but with enuf time

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i can solve most questions

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i doubt im good enuf to pass qt interviews

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like highly doubt it

fast gazelle
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personally i find leetcode far easier than stats questions KEKW

quasi orbit
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Trading seems mostly like probability and game theory

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once u get used to it idt it’s super difficult

rose holly
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no brudda

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ur just gasing me up

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GOD KNOWS WHAT UR EVIL PLAN IS

floral locust
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I think u could coach a high schooler over a summer to pass most qt interviews

rose holly
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"lemme gas this dumbass up so gets banned from quantshops hahada " joke

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i doubt it

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its not that easy

floral locust
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Qt has a lower knowledge bar than swe

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There’s just more variance

rose holly
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if its like that

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im gonna apply to them

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*gets blacklisted

stark crow
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devg qt coaching services

rose holly
barren steeple
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tbh

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all interviews are easy

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like even swe interiews are like same difficulty as questions on dsa class exams

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my middle school cousin could pass qt interviews

rose holly
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my nonexistent 6 year old cousin could pass qt interviews

quasi orbit
final forge
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So my impression is that it’s not hard per se, but you still have to be smart in the sense of being able to solve their random stats/prob/counting games quickly and consistently

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I’m actually just slow asf so I’m pretty sure I’d fail most QT interviews regardless how much I grind

stark crow
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I’ve been watching coffeezilla recently so I’ve got even less tolerance for crypto gurus than I usually do dogesmile

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Also ty

floral locust
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HRT HRT HRT HRT HRT

broken thorn
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imagine the day after i memorized the whole times table in 5th grade

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easily ace the mental math

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6th grade when i learned a factorial? easily solve all combinatorics

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my brain has too much useless math in it now

final forge
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unironically will never pass an interview that involves any degree of mental math

broken thorn
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we had a program called fastt math and they had a preliminary round to see how much times u already knew, i took so long that the class ended and i had to stay late so i thought i was stupid

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but i got most of them initially

final forge
#

swe? at some firms sure

barren steeple
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2sigma is really easy and low tier

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not worth it

rose holly
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is it tho

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i always get ghosted

barren steeple
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i thot they oa is automated?

rose holly
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yes

barren steeple
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i got it 3 yrs in a row and never did it

wheat isle
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I've applied to TS 3 years in a row and haven't gotten SWE OA

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maybe next year

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for NG

rose holly
wheat isle
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State school life

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lmfao

final forge
barren steeple
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is it that good

wheat isle
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What's their list?

barren steeple
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ppl in trading say 2sig has super good wlb, but ppl in trading have a warped view of good wlb

wheat isle
#

lemme check

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I'm on the list

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I mean I'm on the list and have never gotten OA so ¯_(ツ)_/¯

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Guess I just suck

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@barren steeple guess you're just a god, do you have something crazy on ur resume

floral locust
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yea 2s is so easy @rose holly you must've easily breezed your way to an offer right?

shell gazelle
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Really?

cloud spear
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wtf

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i'm gonna want to die if I have to do 10+ round interviews for quant jobs lmao

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most interview rounds I've done was like 5 at most

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at non-quant

barren steeple
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2sig scheduled a 6 round final, and i made up a fake deadline to see if they could shorten it

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then they rejected me

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for swe

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💀

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ye ill be more careful next year if i hear back to not to get rejcted

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wlb sounds kinda nice

twilit bluff
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What does it even take on your resume to make it to the interview stage?

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Nothing short of FAANG?

shell gazelle
twilit bluff
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Thank you, that's reassuring

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If I don't get anything rescinded then I'll have Amazon this summer and Roblox during the fall and hopefully that'll be enough for my resume to consistently get interviews

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Fingers crossed for next season

barren steeple
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i had 9x faang and got ghosted

cosmic belfry
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anyone know if there's a discord for incoming full time cit/citsec?

rose holly
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i feel violated

twilit bluff
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I am sorry

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It was a huge stroke of luck

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Nothing more

obtuse flame
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Well all of them are tbh

twilit bluff
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Thanks bro

fringe flint
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google moment

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chad linkedin: u can breathe? heres an offer. also u get a nap everyday
virgin google: well ur perfectly qualified after 20 hours of interviews, but nah fuck you go be homeless

fast gazelle
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lol the real LinkedIn interview is getting past the resume screen

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and team matching

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I swear nobody fails the technical

tulip sapphire
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tfw you backtest on training data and dont realize it 🤡

broken thorn
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lmfao now im imagining he gets perfect data for the first 1376 days but is super modest and then on the 1377th day he goes all in on spy opening at 23 trillion

fringe flint
tulip sapphire
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naw brutha they are playing 5d chess tryna make people think that SPY will open at 372.63 the next day

wheat isle
#

Google is two rounds for everyone

cloud spear
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just gotta remember to congratulate people on transitioning whenever they announce an hrt offer

cloud spear
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i feel like I made at least one hrt joke

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maybe my cmu jokes just covered them up

broken thorn
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congrats! f2f is a brave decision

broken thorn
#

female 2 female transition

nocturne estuary
barren steeple
#

33k total

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and im oretty sure they dont nego really, i believe its possible tk get a 7k sign on but thats it

clear grove
barren steeple
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Nah for swe

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tech ops is 27 i believe

clear grove
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oh yeah for 10wk

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still surprised those are that close

floral locust
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Yea jump kinda trolls swe internships

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But the ft offer is p good

rose holly
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after tax

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doesn’t add up

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oh for 10 week

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nvm

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nvm

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8 month long internship

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that’s why

fast gazelle
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wait Jump is only 35k?

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levels is way off then

rose holly
#

me and another intern

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literally rolled out 2 new products

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and maintained it

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and we helped onboard our replacement interns

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near the end we were the most tenured people on that team

runic grotto
#

Does SWE just make much less than QR everywhere

cloud spear
runic grotto
cloud spear
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obviously people from waterloo and cmu

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just the worst

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most degenerate

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of people

rose holly
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did u just roast phd people

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oh nb

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nvm

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i read that the other way

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MY BRAIN TRICKED ME INTO READING I WANTED TO HEAR

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OMG

cloud spear
#

what did you hear

#

lmao

#

PHD people are basically QR?

rose holly
#

no no

#

the swe thing

#

i read "swe people get paid more"

cloud spear
#

ah

rose holly
cloud spear
#

I mean I do think phd people are crazy

#

but that's separate

#

I maintain that the average cs/math PHD person is basically the unabomber

rose holly
#

u need to be insane to do a phd

limber swan
#

trade deez nuts

broken thorn
#

@floral locust when u do the gto strat in poker how do u come up with random numbers

#

to decide on decisions

floral locust
#

you can use the minute hand of a clock or put a chip in middle of stack and turn it and see which direction it points

broken thorn
rose holly
#

is there a book about this stuff

#

or

#

just random online stuff

broken thorn
#

i think book

rose holly
#

mind dropping the name of the book?

broken thorn
#

no fucking clue lmfao

#

reddit said

#

there was a book or 2

rose holly
#

wtf

#

aight bet

#

time to find it

broken thorn
#

here

#

this guy says "Play Optimal Poker: Practical Game Theory for Every Poker Player"

broken thorn
#

thats genius

floral locust
#

yes

broken thorn
#

i was thinking of memorizing a sentence and then iterating through the letters to grab bits from them

#

urs sounds much better for poker tho

floral locust
#

ur trying to learn how to run before even knowing how to walk

broken thorn
#

maybe i remember some paragraphs with roughly random starting letters of vowel/consonant, and then grab enough lettres for whatever odds

broken thorn
floral locust
#

in terms of prioritizing what to actually learn and what'll actually help randomization should be at the very bottom

broken thorn
#

i need to make game theory decisions on the fly when playing melee too (and u dont have time to think there, so id need a faster method than the ones we are talking about rn)

#

what do you recommend? reading a book on gto or what

floral locust
#

randomization is the end result of when ur indifferent between two actions and you're also playing against a perfect gto player

#

usually in practice any prior no matter how small should influence you to do one action or the other 100% of the time

broken thorn
#

really? i feel like thats an ego play and only works against people worse than you

broken thorn
floral locust
#

and gto is not ev maximizing against any opponent that deviates from gto

#

like i don't rly think u even need randomization to become a supremely winning player even at the higher stakes

obtuse flame
#

Yeah if you are playing casually with friends don’t do gto lol

#

From personal experience

broken thorn
#

what about if playing online?

obtuse flame
broken thorn
#

what do you all recommend i do to get good at poker instead?

floral locust
#

i think in unknown player pool starting w/ gto baseline is good

#

but

#

u should develop specific player notes and have general population tendencies

#

after a good sample size

obtuse flame
#

Every one pretty much plays tight and goes off when they have a hand

#

Except pre flop, ppl love seeing the flop even if you raise a bit

#

Casual players ^

floral locust
#

i think the wswbr stat is a bit high yea

broken thorn
#

ok

floral locust
#

the wwsf stat is usually a bit low tho

#

also in general oop raise % are also low

fast gazelle
#

swe are way more important

broken thorn
#

any books or guides to get the basics down? i know the rules but not much of the strategy besides bluff sometimes

fast gazelle
#

anyone can find alpha

floral locust
#

this might be an overgeneralization i think you can overrealize ip if you overcbet flops

#

since you won't be raised as often and overrealize equity and also generate more folds than normal

broken thorn
#

does overrealize mean increase leverage?

#

like if u have a 5% edge winning more money by increasing stakes rather than outplay?

floral locust
#

also the won at showdown when bet river (wswbr) stat being a bit high means you can probably overfold rivers

runic grotto
#

I'm trying to figure out if SWE after 5 years (I think that's the average PhD duration) matches QR and if they scale as well

obtuse flame
#

Ye I played with friends and they would chase flushes and straights

broken thorn
#

phd is almost never correct to maximize tc

obtuse flame
#

And they only bet when they have pretty much the nuts lol

broken thorn
#

im not quite following between all the jargon, are you all saying to raise before the flop a lot of the time, and to fold at the river?

#

or what

floral locust
#

different players are bad for different reasons, one of the benefits of studying what the optimal line should be is that you know when people deviate

#

and also know the optimal counterplay when nodelocking opponent's actions for making suboptimal actions

broken thorn
#

what does overrealize mean here

floral locust
#

i think there's a lot more basic building blocks to learn before you need to concern yourself w/ that

broken thorn
#

yeah

#

i want 2 get good at pokekrr

#

some pro did this once and i think it worked

#

cuz he needed to get first place at the table or something idk, everyone just folded and the one guy to call lost

pearl spade
hasty hill
#

?avatar @pearl spade

glacial bladeBOT
#
Avatar for Dracos#6743
Link as

png | jpg | webp

broken thorn
#

?avatar

#

?avarar 2kirb

#

?acata

#

?avatar @hasty hill

#

what did i do WRONG

pearl spade
#

naw uniswap is like fake prestige

#

no one knows abt it but its a startup so no one says anything KEKW

runic grotto
#

Valuation?

#

Honestly

#

Given how small it currently is

#

Going there seems risky but hella interesting

#

Could completely flop, but could be massive

runic grotto
#

Yeah it's high risk with high(?) reward

clear grove
#

Dropbox >>

zinc palm
#

plus the company is so lean wtf

#

130 employees but 165m funding

zenith maple
#

But its crypto

zinc palm
#

You mean valuation?

#

Also I couldn’t find anything related to how they make money

#

Seems like most fee go straight LP pool

pearl spade
#

i saw a few ex snap but how to quantify the smartest

rose holly
#

ive met a few mfs at snap

#

they're not that impressive

pearl spade
#

boba catching strays 😭

pearl spade
#

they explicitly state that they're not profitable so they rely on funding

rose holly
#

lean

barren steeple
#

so he probably knew them

zinc palm
#

yeah

#

i got to talked briefly with some of them

#

I think they try to navigate this with uniswap v3 and the auto router thing

pearl spade
#

they hire conservatively and havae runway with funding

stark crow
#

dracos in the quant channel rip

frigid zealot
pearl spade
#

imma be back with a vengeance in fall 2023 😈

runic grotto
cloud spear
stark crow
#

cit and js

#

they post on loo's job board every season lol

#

JS more consistent than goog on posting all seasons for loo kids

runic grotto
#

Solve this Rubick's cube to pass the interview

#

You have 5 minutes to learn how

stark crow
#

it's called a cooldown, it's not a blacklist

#

basically every company has one if you fail during the interview stage

runic grotto
broken thorn
#

let them choose 3 feats like that on a list of dozens

#

much more entertaining than "what are you strenfgths"

dapper iris
frigid zealot
floral locust
#

Mid summer is when most people recruit some places open april and may I believe

twilit bluff
#

Do referrals actually do anything for trading firms

#

Ik for a few tech companies it's a negligible impact at best

winged aurora
#

referrals get ur resume screened for the team

#

but doesnt make the rounds easier or anything

#

or if ur friend is close with the team lead, the team lead will ask u simple questions

stark crow
#

you'll find out when you interview for them dogesmile

#

there's a diff answer for basically each firm so there's no point in asking this unless you have something specific in mind KEKW_RECESSION_EDITION

twilit bluff
winged aurora
#

Got a friend who was referred to join PayPal

#

His technical round was just do binary search and that's it

#

Purely for formality

twilit bluff
#

Oh wow yeah that's something

#

I guess it's the same at trading firms

cobalt sable
zenith maple
#

quwuant

pearl spade
#

fall 2023 is when summer 2024 recruiting starts lol

pearl spade
#

fall 2023 is when summer 2024 recruiting starts just like fall 2022 is when summer 2023 recruting starts

cloud spear
#

or more in-depth

#

but also rip jump asking networking

#

guess I'll have to review that

thick pollen
#

saw this from someone who says he's a qrthanospog

#

he says it's a company specific kind of bonus. so maybe some knowledgeable person can recgonize which company it is

pearl spade
pearl spade
#

ur chart will look similar

#

but predicting ur comp over time is like predicting the markets

floral locust
#

They’re quite slow rn

#

Since holidays and also many applicants

#

I was but cancelled

royal forge
#

this u

broken thorn
floral locust
broken thorn
floral locust
#

I don’t know if bank kwants are paid a good % of their PnL

broken thorn
steel wedge
tulip sapphire
#

Just wondering, do you mind asking if they were taxed on PG?

#

or were they able to avoid LT capital gain?

rose holly
#

no its bad

snow wing
#

Has anybody interviewed for Headlands?

#

Im not sure what to expect, and whats their structure of interviewing.

snow wing
scarlet vine
# snow wing SWE

Can be anything from research to c++ questions, expect everything

frigid zealot
#

Anyone here learned everything in like 6 months and got hired at a trading firm as a SWE?

frigid zealot
#

It’s my new goal

#

Was wondering if it’s possible

#

For SWE right?

#

I recently started sysdesign and now i’m doubting myself with OS and Networking lmaoooo

frigid zealot
#

I think I have algo & ds down (but probably not at the level that trading firms want), my main concern is with os and networks

#

Also do I need to switch to cpp to work at trading firms as SWE?

fast gazelle
#

you're really overestimating the difficulty of quant swe interviews lol

#

they basically ask lc mediums on average and only some will test you on os/networks (but even then, it's not like you need to know that much)

#

(this is for intern, idk if the difficulty goes up for ng)

frigid zealot
fast gazelle
#

probably

quasi orbit
#

cracked

#

How can I become more like you

broken thorn
wheat isle
wheat isle
frigid zealot
#

I’m actually in my final year of CS kn my uni 🙂 Any tips for getting pass resume screening? Peeps from my uni have been getting interviews from Jane Street but I got insta rejected this year 😦

#

Started reading grokking but my palantir interview is in a week 💀

cloud spear
#

So did you ever get any coding language trivia questions

#

Huh

#

How in depth were they

#

Huh

#

Btw just to plan for 2024 hiring season, what months did you apply to hrt and most hft

#

When was thar rhia season

#

Huh

#

Welp got half a year to prep

frigid zealot
#

It’s for new grad and they have a “decomposition” interview hahaha

#

How do you think I should prepare for decomp then?

#

Interesting… so more like utilizing data in db with API to solve problem

gaunt magnet
#

Does uni teach u system design..

#

where ur blog post at

#

like yt?

#

h nvm

#

oh ty

floral locust
#

getting out to go to js

broken thorn
#

@floral locust the book is talking about river strategies right now, and im not sure if it also applies to pre river.
they basically say "betting and raising should be done by polarized ranges, while checking and calling is usually done by condensed ranges"

#

does that mena my condensed range should play passively at all stages of the game?

floral locust
#

You bet and raise with more hands on flops and turns since more worse hands have to call since they have equity with cards to come

#

On the river there are no more cards to come so your betting range is typically fewer hands

broken thorn
#

why do worse hands have to call? because they have a chance of becoming better still, while after river there is no chacne to become better?

floral locust
#

Yea

broken thorn
#

cool

#

this do be eye opening, its obvious in hindsight why betting with polar range is +ev

#

since u can win to fold or win to showdown

floral locust
#

Wot

broken thorn
#

if u are polar agianst condensed range then betting is beneficial to you because they either fold to the bet and you get the pot, or they call your bet and then you somtimes win sometimes lose

zenith maple
#

Is akuna trading OA j mental math

#

like zetmac?

broken thorn
#

use rfqjobs sequence test for practice

#

@rustic wind when are ugonna become a tiktoker

#

day in the life of a swe who didnt get laid off

zenith maple
#

i aint making it past this OA

broken thorn
#

whats the next one

#

bitch

#

u fail and u blacklisted from all quant forever

zenith maple
broken thorn
#

wrong

#

quit

#

you have lost

zenith maple
#

rescinding my application

broken thorn
#

its t

runic grotto
#

How tf do you got time to film tiktoks

zenith maple
#

why

broken thorn
#

then e

#

then t

#

then t

#

then f

#

f

#

s s e n t t t t t t t t t t t

zenith maple
#

you're lying

broken thorn
#

t t t t t t t t t f

zenith maple
#

i have been trolled

broken thorn
#

f f f f f f f f f f f f f f f f f f f s

#

no you have not

#

this is a real sequence

#

o ne
t wo
t hree
f our

#

f ive

final forge
#

c++ is the devils language

#

thank you for coming to my ted talk

broken thorn
#

dude i worry for your mental health

final forge
zenith maple
#

how to improve zetmac score to 50 in 1 week

rose holly
#

fuck zetmac

#

gives me anxiety

floral locust
#

HRT HRT HRT HRT HRT

cloud spear
#

There's one tiktoker whose whole brand is flexing being at hrt lmao

#

I don't remember the name, it was something like the[]house

#

Probably

floral locust
#

.

#

Keep making those jokes when I become ur manager 😈😈😈

prime arch
#

hold the dip 🤷‍♂️

rose holly
#

What about Vexor Trading (VT)?

rose holly
#

Two Ligma

royal forge
#

2s

fair yew
#

Google

rose holly
#

2s

fast gazelle
#

both

elder dawn
#

hrt

rose holly
#

imc

neat junco
#

2s no brainer

nocturne estuary
#

My condolences

nocturne estuary
#

The article talks about really severe messed up non competes but the ones for quant are pretty chill

#

I’m curious about how this may affect finance

cloud spear
#

i hope quant noncompetes stay a thing

#

I like the idea of garden leave

final forge
#

If it’s for low paid workers like the article suggests, I have my doubts that it will impact quants with crazy comp, and paid garden leave lol

cloud spear
#

fair

cloud spear
final forge
#

Wait never mind I found the actual proposal and it’s just like nope no noncompetes

#

If it actually passes without changes that’s kinda kermit_think

#

There’s a public comment period if u want to petition for ur garden leave 4KEKW

cloud spear
#

rip my dreams of quant garden leave before they even started

final forge
#

brb taking garden leave before rule takes affect, getting paid, and then having my noncompete rescinded pogu

long bloom
#

Man really wanted my garden leave

#

Welp my notice is my garden leave, got 6 months of notice HideThePain

broken thorn
#

whats the fuckinf point of this industry if theres no garden leave

#

this would be crazy tho, imagine all the rentechers are free to go

neat junco
#

they didn't even have hc this year for ng

#

i interviewed and got ghosted for nearly three months

#

although the feedback was very positive

#

still no offer in the end

gentle meadow
#

i thought it was three but it's two technical in the final

neat junco
#

dd intern experience was great tho

gentle meadow
#

so it looks i did well enough on two sigma

#

technical

shell gazelle
broken thorn
#

your interest payments alone would be top 10% of national income

floral locust
#

Citsec is higher than base low I thought? Or is it just base for swe

weary path
floral locust
#

Oh weird I think they updated like 1-2 years ago so qr and qt is like 65% of tc now not just base

gentle meadow
gentle meadow
broken thorn
#

how do background checks work btw? do institutions contact a school for a transcript, or do they ask us for a transcript?

weary path
broken thorn
#

rentech is lifetime afaik, and i think radix is pretty long too

scarlet vine
#

Rentec lifetime is just unless you wanna get a lawyer

#

Non competes don’t actually hold up in court

#

You can get out of them

#

But realistically if you work at Rentec for a few years and get like 1mm in medallion why would you work

#

I feel like most places are heading towards 2 years soon, I’ve seen a ton of 18 months now, even for swe

floral locust
#

Yea IMC went up to 18 recently I swear last year it was shorter

#

Unless I’m tripping

cloud spear
#

Tf lifetime??

#

That's crazy

scarlet vine
#

Imc us is 18 months

#

Yea I asked for 12 when I got mine and pretty much got a no haha

#

Didn’t seem like they even considered lowering it

broken thorn
#

@floral locust the book is saying with a polar range to bluff at a certain ratio depending on pot and bet size, lets say 1/4 of the time. since I am supposed to bet all the time with a nuts hand, am i supposed to factor in the odds of having the nuts hand into how often i bluff, because that seems hard

#

like if having 2 pair is 10x liklier than having nothing, then should i bluff only a small fraction of my nothign hands, or should i bluff 1/4 of the nothing hands?

#

if theyre equally likely then i just bet 100% of my good hands and 1/3 of my bad hands, but if the bad hand is much more likely then im virtually never raising/bluffing

floral locust
#

Just bluff more when u have more value lol

#

And if u don’t rly have any value in the line you’ve taken don’t bluff that much

broken thorn
#

im not sure how to calculate it even qualitatively i mean

#

like am i folding 80% of the time, value betting 15% of the time, and bluffing 5% of the time?

#

if odds of a good hand are 15%

floral locust
#

I mean it’s just a game theory principle right

#

Like u can probably work out the math where if you bet some sizing, what ratio do you need that makes opponent indifferent

#

Aka unexploitable

broken thorn
#

the math they did says (bet)/(bet+pot)=bluff ratio (at least in their simplified game state)

#

so if pot is 3 and bet is 1, its 1/4 of the time you bluff

#

but thats a bit confusing to me i guess because it means you are betting a very small number of hands and folding most of them

#

i guess thats just how ur supposed to play?

floral locust
#

Wot do u mean by “betting a very small number of hands”

broken thorn
#

a polar range will have most hands be a dud, right?

#

so if i am bluffing 1/3 of my bets, then that means i am folding the vast majority of my polar ranges

floral locust
#

Ur giving up like some hands yea

#

I wouldn’t say vast majority tho

broken thorn
#

in a polarized range, most of your hands will be bad, right?

floral locust
#

I wouldn’t say most

#

Also yea betting a small size with polar range is reet

broken thorn
#

since odds of good are much lower than odds of bad hand, right?

#

reet?

#

right?

floral locust
#

Reet as in retarded

#

I mean sure but your range is pretty condensed preflop

#

Also u only choose a certain portion of ur range to put into a polar line

broken thorn
#

hmm

#

i dont think i know enough poker terms to explainw aht i mean

broken thorn
#

and most of the time u dont make it to turn or river?

#

but making it that far means you are more likely to have a good hand?

floral locust
#

Yea I mean ur range gets condensed when u get to the river

#

Since ur trash hands just fold flop or turn

broken thorn
#

polar ranges are rare then?

floral locust
#

Yea

broken thorn
#

so optimal poker is a lot of aggressive play pre flop and as u get to river mostly checks because hands are more condensed?

floral locust
#

I wouldn’t rly try and generalize lol

broken thorn
#

im trying to figure out some basis for rules before i deviate

#

maybe this book is too advanced for my poker knowledge

floral locust
#

If u rly wanna learn u probably just have to spend a thousand hours or so looking at solvers lol

broken thorn
#

i need to know basic general strategy

#

at least, are hands more polarized the earlier in a hand you are?

floral locust
#

No

broken thorn
floral locust
#

What don’t you understand

broken thorn
#

if its condensed when u get to river, then doesnt that mean its more polar the farther from the river you are?

floral locust
#

What do you think polar means?

broken thorn
#

either good or bad, while condensed means mid

floral locust
#

On earlier streets majority of ur hands are bad yes, but that doesn’t mean u put every bad hand into your polar range. You only select some of them depending on equity, blockers, showdown value, and how much value you have

broken thorn
#

where do i learn half those terms

#

how much value i have, blockers, etc

#

oh i see, os a "range" is what hands you are willing to keep playing with?

#

if theyre mostly all bad then its still condensed?

#

just condensed around bad?

#

if someone raises pre flop does that mean polar range?

#

i think i need a book of the rules of poker or somethign

#

or the basics of strategy

floral locust
#

🥲🥲🥲

broken thorn
#

lovely

floral locust
#

I think ur also trying to overcomplicte the game lol

broken thorn
#

im trying to get the fundamentals at the moment

floral locust
#

Preflop: play good hands, you can see good hands in chart

#

3b, 4b really good hands

broken thorn
floral locust
#

If you have 3b really good hands you can be exploited by people always folding, so sometimes have bluffs that still have a good amount of equity

#

Postflop: bet with good hands. Bet really big with really good hands. You can get exploited if you only bet good hands, so bet bad hands too to balance

#

Pick bad hands such that they have good equity and benefit from folds

broken thorn
#

what makes one bad hand have more equity than anothe rbad hand?

floral locust
#

Flush draws, straight draws

#

Overcards to the board

broken thorn
#

overcards?

broken thorn
#

so a "good" high cards

floral locust
broken thorn
#

high card

floral locust
#

He’s skipping the most important process of learning - when you first start playing you deposit onto online site and losing all your moneys cause you suck lol

#

Me during Covid

broken thorn
#

should i online site

#

i dont want to lose too much money so im doing a free poker rn

dapper iris
#

free poker is fake ppl just go all in every hand lol

broken thorn
#

i already knew that one char

#

i all in every 7 2

floral locust
broken thorn
#

thank you

broken thorn
#

or convince my friends to line my pocket

dapper iris
broken thorn
#

any clue the lower end of "enoug money that ppl will actually care and not all in every time"

dapper iris
#

idk probably .25/.5?

broken thorn
#

sweet thats lower than i expected

dapper iris
#

just my best guess i have no idea

#

dev would know better prob he's played way more online than i have

broken thorn
#

@floral locust lower end of "people care engouh to try"?

#

.5/1?

#

.25/.5?

#

for online pker

floral locust
#

Lmao those stakes are hard to beat

broken thorn
#

i dont understand this message

#

are u making a joke, are you saying the stakes have good players at them, or what?

floral locust
#

No, if you can beat those stakes you can become a professional

broken thorn
#

solvers take too long dont they? its not like a chess engine

broken thorn
floral locust
#

Yea that’s fine

#

The rake is pretty troll at those stakes but everyone punts so it’s whatever

broken thorn
#

im not looking to profit rn, im looking to learn

#

if its a punt fest then i cant relaly learn can i?

floral locust
#

I don’t rly think u learn that much from playing

#

Compared to just studying

broken thorn
#

didnt we get to the topic of playing because im overcomplicating hte game and dont understand the fundamentals?

floral locust
#

No we talked about playing to troll

broken thorn
#

how am i supposed to study? do i memorize a few pre flop charts, or what?

snow thorn
#

Read grinder’s manual

floral locust
#

Modern poker theory seems like a good book

snow thorn
#

Think its more advanced than GM but yeah

#

It also covers tournament play

scarlet vine
#

Dm

weary path
#

even people at cit say dont join cit 😂

cloud spear
#

Cit people I've talked to have an undertone of having bad wlb

weary path
#

cit not citsec

floral locust
#

Cit llc qt and qr seem p good

#

If ur willing to sacrifice wlb for EV

tulip sapphire
#

ah DM'ing on blind is legit

#

Something i never truly understood: how does taking into accnt the KL div 'distance' make us more "variational" than a regular autoencoder?

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like if anything arent we minimizing the difference in distributions (by duality) which means we "vary" less from our priors

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i never felt like the name fitted

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though i see where it comes from with the stochastic latent space

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that the encoder parameterizes

limber lion
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Does 2sig or JS do off season

obtuse flame
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2 sig never

storm ember
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How to quant

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easiest course of my life

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aside from combo

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nice blog posts

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you curate your content way better than i do

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i just stream of consciousness directly into a google doc and copypaste it over

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no postprocessing whatsoever

storm ember
# storm ember How to quant

i have located the pins. maybe i would have passed the optiver 80 in grade 3 but i havent had much need for mental math since

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easy if your good at linear algebra, hard if you arent

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generally not super interesting as a course

tulip sapphire
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felt like mindless linalg spam?

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or not applicable?

storm ember
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not really mindless i mean its purposeful but it didnt really get to anything super interesting

broken thorn
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i didnt learn times table till 5grare

storm ember
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at least in my opinion. ymmv though