#quants-n-traders

1 messages ยท Page 19 of 1

final forge
#

yea but imagine being canadian

final forge
#

thinking yes, but not for a year. im not gonna have em claw back my sign on

weary path
#

tower did quite insane last few years with crypto

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also super siloed and competitive ive been told by someone there

long raft
#

I mean if you want to create a competitive env where only the best performing teams survive this might be a strategy. But I think this might not be sustainable ๐Ÿ˜… like everyone could have a bad month/year and then make big money the next

weary path
#

no free lunch as they say

long raft
#

Yeah. I donโ€™t dont know how other people perform in such envs but I donโ€™t think itโ€™s perfect

weary path
#

yezyes

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this idk but since many got 7-8fig bonuses last few years im sure they can afford lunch ๐Ÿ™‚

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hopefully also a good therapist

long raft
#

From what Iโ€™ve seen people tend to be more efficient when in a good env but just my personal exp

long raft
weary path
#

that is also true ๐Ÿ˜ญ

long raft
#

Lunch tastes better when itโ€™s free.

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And ofc free stuff rises the moral๐Ÿ˜‚

weary path
#

i even volunteered to represent my firm at a career fair just so that i could snag up some free merch from optiver and JS, Cit

weary path
long raft
weary path
#

yes

long raft
weary path
#

shirts i didnt like, but their bicycle playing cards were insane

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also optiver gave out jenga, backpacks, hoodies, sweatshirts, puzzles

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was quite hard to transport all the merch back home ๐Ÿ˜‚

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i have two sets lmk when u in switzerland hahahaha

long raft
#

Ok so you take a Jenga set in your backpack and put your hoody on and go to work ๐Ÿ˜‚

weary path
#

omg ๐Ÿ˜

long raft
#

At work you play jenga with yourself while your models backtest/train

weary path
#

merch wise i think those three + HRT are undefeated

weary path
weary path
long raft
weary path
#

jump might not even have merch

long raft
#

I just want a water bottle thatโ€™s all

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Maybe underwear to impress the girls

weary path
#

rarest quant merch that exists in the wild.. ๐Ÿคจ

#

they have very small intern class and they go through a quite competitive training program after which they keep the โ€œgoodโ€ ones and let go of the others

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so might not be worth it for them to hire a lot, since the program is expensive to do

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BIPOC SLIDES? i attended that event and didnt get a merch link

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could be, the guy we interviewed said 60% got yeated in uk

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i only have standard hrt slides :((((

long raft
weary path
#

sadly i joined too late so cant get them, worst feeling ever

long raft
#

In 20 years they will be as expensive as a comex rolex ๐Ÿ˜‚

weary path
#

i have to ask, the guy i know who had the opportunity to get them didnt get them cuz he โ€œdoesnt wear sneakersโ€

long raft
#

๐Ÿ˜ฑ๐Ÿ˜ฑ๐Ÿ˜ฑ me neither but just as a memory peace to display at home or so

weary path
#

right now im trying to convince HR to send me the patagonia imc finance-bro vest.

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but sadly no luck, they want me to come pick it up

long raft
weary path
#

maybe i should actually renegotiate my contract and ask for more merch ๐Ÿ‘€

weary path
long raft
weary path
#

only two reasons to go to amsterdam; stroopwaffeln and weed

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stroopwaffeln are insane

long raft
#

No Mondrian paintings?:(

weary path
#

only a Rembrandt type of guy

long raft
weary path
#

cutie ๐Ÿฅฐ

long raft
#

Tbh the best self portraits are from Frida Kahlo ๐Ÿ˜‚

weary path
long raft
#

I think the monkeys in her self portraits make them more interesting ๐Ÿค”

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People want to work in quant so they can retire early. I want to work in quant so I can afford a painting from pollock ๐Ÿฅน๐Ÿ˜‚

weary path
#

monkey cool ngl

rose holly
#

I gave the Akuna test, it was simple math but under very tight time constraint. Say 10 secs per problem or so. Couldn't clear it though.

weary path
#

dk if ON is wellknown outside of switzerland but them mfs comfy

long raft
broken thorn
#

wym?

limpid nacelle
#

@ember lava did you know that your username is the name of an investment fund?

runic grotto
#

Not really

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Well if they were a freshman

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That would be much more

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But if theyโ€™re junior or senior they could have grown a lot

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Also did you see the story of the guy who won the fields medal but was failing HS math, that was pretty cool

limpid nacelle
#

Mr palange

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How are you doing?

brisk stream
#

python

floral locust
brisk stream
floral locust
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Rip

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For good?

brisk stream
#

nah for a week lol

weary path
floral locust
brisk stream
floral locust
#

Iโ€™m living in the Npc place everyone first year lives rmb?

brisk stream
#

Ah right

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enjoy the dorms

floral locust
#

I can make friends ๐Ÿค“๐Ÿค“๐Ÿค“

brisk stream
floral locust
#

we'll see how much free time i have

royal forge
floral locust
long raft
#

What will a QR intern do over a 3 month internship? Like they clearly canโ€™t expect to generate alpha ๐Ÿค”

floral locust
#

i mean they could

long raft
#

I assume they will shadow a more senior QR and do โ€œsmall tasksโ€. But what will those small tasks be?

ornate solstice
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Internship really just a paid interview

static musk
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are these legit?

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crypto fund in the carribean is automatically raising red flags

limpid nacelle
static musk
#

$500k tc tho?

limpid nacelle
#

this is sus for sure

static musk
#

the head hunter is from a real talent sourcing firm so i guess ill entertain it

limpid nacelle
#

maybe it is 500k for experienced quants?

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less for ng

floral locust
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i could see ng paying that much

static musk
#

maybe its just a lot higher to get ppl to relocate

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to a new country lol

limpid nacelle
#

maybe

lyric loom
#

BOG RESPOND TO ME

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HELLO

floral locust
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you have to pay a premium to get people to move there

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also worse wlb

limpid nacelle
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just know that algorithmic trading in crypto is a juicy industry

static musk
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would you guys take an opportunity like that

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out of curiosity

limpid nacelle
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if it is pays well, yeah

floral locust
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i dont rly think crypto is good to start your career

limpid nacelle
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as long as you do algo trading, you will be fine

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a lot of skills are transversal

floral locust
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most trad fi firms don't respect crypto firm experience

static musk
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yeah i wouldnt mind being at like jump crypto or something

lyric loom
floral locust
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jump crypto's main pnl isn't rly from trading

limpid nacelle
static musk
floral locust
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sure, I just think it's better to start your career and do training in trad fi and move to crypto later

floral locust
static musk
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valid

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i remember when ftx went bust they tweeted that they took a serious loss

floral locust
#

so like noise is like orders of magnitude larger than the EV over the 2 year window lol

limpid nacelle
floral locust
#

Uhhh maybe

limpid nacelle
#

find signals and make profits

floral locust
#

especially w/ algo trading i think there are clear differences between crypto and maybe smth traditional like equities

limpid nacelle
#

that's it

floral locust
#

like most crypto shops backend are in python

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also crypto exchanges are in the cloud so latency isn't rly a big concern

limpid nacelle
#

most crypto funds are doing Medium Frequency Trading

static musk
#

if ur a swe would u (on average) be valued more on a crypto team or trad quant fin team

limpid nacelle
#

very team dependant

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as always

limpid nacelle
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if you are on risk reporting (like me rn). The work is kinda shit

static musk
quasi orbit
#

I got fired cuz they found out Iโ€™m a two sigma simp

static musk
#

wait what

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fr

quasi orbit
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just like how I got fired from snowflake for saying the D word in the cafeteria

lyric loom
#

Yo

static musk
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r u trolling

lyric loom
#

no

limpid nacelle
#

no

runic grotto
limpid nacelle
static musk
#

yes

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gonna be at a very trader-prioritized firm this summer tho so maybe that'll change quick lmao

limpid nacelle
#

sig?

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tbf, most firms are trader-prioritized

static musk
limpid nacelle
#

Traders/Researchers are the front office

limpid nacelle
#

as a quant dev, you are mostly a middle office

static musk
#

which is probably why a lot of firms that people talk about aren't worth over faang/unicorn even if ng pay is higher

quasi orbit
#

ur doing core dev right

static musk
#

yeah

quasi orbit
#

get that bag

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35 an hour

static musk
#

negotiated ๐Ÿ˜Ž

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but c1 still paying more lol

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c1 intern pay is just stupiod

limpid nacelle
quasi orbit
static musk
#

+bonus but ya

quasi orbit
#

ayyy not bad

static musk
#

kinda sucked turning down a higher offer in nyc but

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as soph it makes more sense

limpid nacelle
static musk
limpid nacelle
#

yes

static musk
#

the level system in tech makes it a lot more transparent but its fs true that if ur a rockstar programmer you will be rewarded much more in quant

limpid nacelle
#

even if you are not a rockstar but work on impacful project, you will get the bag

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what matters is mostly projects you work on

static musk
limpid nacelle
#

yeah definitely

static musk
#

idk its just hard bc not as much data on mid-career for a lot of firms

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but they'd have to out-pay otherwise ppl would just leave

limpid nacelle
#

my point is that you can be cracked at coding, if you don't work on impacful project, it's an L

static musk
limpid nacelle
#

a bit

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but it's not that bad

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cuz my team is really special

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like my fund is investing in other funds

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we do the reportings of these other funds, so we are quite crucial to make sure the money is working well

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I accepted the offer at my current firm as a backup to work there manwhile before joining back G in 6m

limpid nacelle
#

@static musk One thing that is worth mentionning is that the code quality at quant firms is generally poor compare to big Tech

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altough I'm probably very biased

quasi orbit
#

no code quality sucks

limpid nacelle
#

fr bro

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I hate writing python in a codebase without type hints

weary path
#

we use typehints prayge

limpid nacelle
#

on average, for 3 functions picked in the codebase, only 1 will have type hints

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I'm pushing my team to adopt good engineering practices

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like design docs

weary path
#

wait the swe team doesnt use typehints?

limpid nacelle
#

no, and it's cringe

long raft
#

Worked on a project with typing, static code analysis, format checks and all the fancy stuff. And then I moved to a project with nothing. Was really disappointing but for a prototype you canโ€™t expect a lot ๐Ÿ˜‚

tulip sapphire
brisk stream
#

nah climbing is too hard for me

final forge
floral locust
#

Cope cause they rejected u

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Drw good yea

quasi orbit
#

bruh dont shit on jump

static musk
#

why?

floral locust
#

No path to partner copium tower gaps unfortunately

ornate solstice
#

You can partner at quant firms?

nocturne estuary
#

People love jump wayyy too much for a firm thatโ€™s gonna be obsolete cause of the laws of physics

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If anyone is gonna break the speed of light and allow for intergalactic travel, HFTs are gonna be the ones

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Yeah Iโ€™ve heard this

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Cant be better than DRW though

lyric loom
#

@half ginkgo

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fuck u

obtuse flame
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Wait palantir does intern housing?

obtuse flame
#

Dang missed the bus

limpid nacelle
#

I interned there past fall and got a return offer. Decided to join G next June. Start date couldn't be before Q2

obtuse flame
#

@rose holly

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Character development KEKW_RECESSION_EDITION

weary path
#

then no non-quant company passes your benchmark?

weary path
#

thought you were talking about wlb+comp but then my bad

runic grotto
#

Not sure about how Google WLB is rn since SCI

weary path
#

nono could be, i dont know about many other tech companies.

runic grotto
#

There are a few but I donโ€™t think there are many

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2 I can think of immediately is LinkedIn and Roblox

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Maybe apple?

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Oh yeah and Pinterest

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I think that might be it, pretty narrow group of companies

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Though they all have worse prestige, unsure how much relevance that plays

limpid nacelle
#

It's highly team dependant. Most teams at G have an "average" WLB (9-5)

weary path
#

this is even slightly more comp than what mckinsey consultants make in zurich and they work 70+

limpid nacelle
#

Don't forget good WLB is highly subjective. For some it's 20hrs a week, for others it's 40hrs a week

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I didn't meet anyone at G working <=20hrs a week

limpid nacelle
#
  • depends on how efficient you are
long raft
limpid nacelle
#

I was taking about full timers specifically

long raft
limpid nacelle
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I have no idea

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Probably

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It's like part time working

rare rock
#

can dumb ppl be a quant

rose holly
#

yes of course. let the haters hate. let the gatekeepers gatekeep. anyone can be a quant

broken thorn
#

probably not even true for faang

rose holly
rose holly
#

you can be dumber than another candidate but if you invest more time and learn more then you might end up with better career outcomes

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unless nothing clicks for you

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then gg

broken thorn
#

in almost everything this is true imo. the difference is there is only 24 hours in a day and if it takes too long to learn some of the interview questions then u dont have enough time to learn everything else

rose holly
#

cracking faang is just LC though

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and there's so many prep courses/problem sets

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genuinely don't think the bar is that high

rose holly
rare rock
#

i can do some leetcode

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how to crack into quant

limpid nacelle
limpid nacelle
rose holly
rare rock
rose holly
#

i haven't seriously prepped but I feel like you have to be able to think on your feet

limpid nacelle
rare rock
#

is all the hard part just getting a job and not the job itself

rose holly
limpid nacelle
#

I agree the bar is lower for swe but quant is as knowledge focus as swe, if it is not more

rare rock
#

must be the money

broken thorn
#

one day i will be quanted

rose holly
#

js there seems to be more aspects to it

rare rock
#

what books to read if i wanna be a quanty

rose holly
#

not sure if im describing this correctly but i feel like how hard you succumb to pressure matters more for qt than swe too. and the thinking on your feet thing

rose holly
#

if you already have the stats/probability background

rare rock
#

im taking stats rn

rose holly
#

those HS exams are probably good to look at too

rare rock
#

in college

rose holly
#

like anything from AMC, AIME, USAMO

rose holly
rare rock
#

ok

rose holly
#

but also im a core dev not QT so take whatever i say with a grain of salt haha

rare rock
#

LOL

#

got first problem weong

long raft
#

8 year old video ๐Ÿค”

https://youtu.be/c7E0Zfp-I18

Goldman Sachs only accepts around three percent of job applicants. Who gets hired? How much are they paid? WSJ's Jason Bellini has #TheShortAnswer on what college students considering investment banking should know.

Subscribe to the WSJ channel here:
http://bit.ly/14Q81Xy

Visit the WSJ channel for more video:
https://www.youtube.com/wsjdigital...

โ–ถ Play video
rare rock
#

is it like wolf of wall street

ornate solstice
#

Anyone remember that person asking about his two friends and comparing their prestige? I wanna find that message again

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Lame, i shoulda screenshot

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Lmfao that's insane

runic grotto
#

Itโ€™s honestly specific enough I bet someone could find both on LinkedIn

#

๐Ÿ’€

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I found them

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๐Ÿ’€๐Ÿ’€๐Ÿ’€๐Ÿ’€๐Ÿ’€

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I found the second person at least

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Exact match

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No way it could be someone else

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I wonder how they have the energy to make that post after grinding all day at citadel

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๐Ÿค”

runic grotto
fast gazelle
#

Iโ€™m person 1 AMA

opaque sable
#

bro check their post history lmaoo

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"most prestigious birthdate?" posted on r/cantonese

runic grotto
runic grotto
#

Ik

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I canโ€™t find the first

limpid nacelle
#

Do you have mental problems?

tulip sapphire
#

youre good

lyric loom
#

say sorry specifically to yahkub

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very good mr n3

cyan sparrow
#

@lyric loom change ur name

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To LeGoat simp

limpid nacelle
#

do you have a gf?

lyric loom
limpid nacelle
#

good q

lyric loom
#

why breakup

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spill the tea

rose holly
lyric loom
#

YES IT DOES

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U DUMB IDIOT

hallow shoal
#

how does gym membership cost 600 dollars a month ๐Ÿ’€, and how is rent so cheap

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ah gg

floral locust
#

woah

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that's so cheap

limpid nacelle
#

should be 4.3 actually

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what is the total tc?

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I guess something around 250k

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did you nego?

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you meant google

lost leaf
#

you are fat

limpid nacelle
#

what about G?

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is it paying good for MLE

floral locust
#

are you CCP @rose holly ?

lost leaf
#

no problem shoe

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my dentures are gonna be poppin after i graduate

hallow shoal
#

thats kinda normal before inflation ithink?

limpid nacelle
#

what do you eat except fruits?

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I bet you are trolling

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how much?

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mostly cap imo

hallow shoal
#

doesn't linkedin provide food?

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takes some extra home

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pack an extra bag

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:))

limpid nacelle
#

take a bag full of snacks

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Unless you get coupon codes or free credit.
I heard a rumor that cit gives $50 on uber eats per working day

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oh really?

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u work there?

cloud spear
#

Damn wtf cit folk living it up

limpid nacelle
#

what perks do you have at the company you accepted?

cloud spear
#

Guess cit's my goal

limpid nacelle
#

2x?

floral locust
#

ftx people were getting 200/day stipend lol

limpid nacelle
floral locust
#

0

limpid nacelle
#

c++?

brisk stream
#

cit food benefits depend on what office youโ€™re in

hallow shoal
#

are you required to eat the food at office?

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I know some Investment banks require it but idk

broken thorn
#

200 per day? id get 5 buck rotisserie chicken and pocket the rest

floral locust
floral locust
#

ur making more from job anyways

hallow shoal
#

Lol

hallow shoal
floral locust
#

yea

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lol

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yea ftx balled out

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errr alameda had like 20-30

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ftx had like 100-200

twin cloud
#

Itโ€™s past 7, and itโ€™s 35 not 50

tulip sapphire
#

presumably there would be fees to doordash + drivers

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so it's p clearly -EV

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some apps dont allow pickup

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they only do catering to the office center

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that's what was used by where i worked last summer

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yeah but otoh it gets delivered to your floor

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which saves a lot of time

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may have changed by now tho idk

floral locust
#

Ftx used like deliveroo

tulip sapphire
#

is that Bahamas?

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or London?

floral locust
#

Uhhh from what Iโ€™ve read, bahamas was catered

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Berkeley and HK were food stipend

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The bahamas catering was quite nuts from what Iโ€™ve heard

tulip sapphire
#

i can imagine

floral locust
#

Like I think 5 diff meals a day

tulip sapphire
#

the firm im working at next summer has very nice food catering

cyan sparrow
tulip sapphire
#

they flew me first class to visit the nyc office

cyan sparrow
#

Nuts

floral locust
#

Ftx?

cyan sparrow
floral locust
#

Oh wow

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Iโ€™m sure he has some stories

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Hopefully he didnโ€™t have his comp on ftx or equity

cyan sparrow
floral locust
#

Hmmmm

cyan sparrow
#

Nishad Singh

floral locust
#

Ic

tulip sapphire
#

does he have linkedin?

#
floral locust
#

Yea he was one of the four

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Who knew about the he fraud

tulip sapphire
#

are Ramnik and Caroline the 2 others?

floral locust
#

Gary sbf Caroline nishad

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From what Iโ€™ve heard tho Caroline was after the other 3

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She kinda uncovered it and chose to remain silent while the other 3 were the ones who actually did it

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Yea I dunno just relaying stuff Iโ€™ve read

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Not like I was actually there lol

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I think some article said she found out sometime mid 2021

cyan sparrow
#

what does berkeley consulting even do

floral locust
#

yea it's interesting cause alameda was still hiring people in 2022

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like allowing people to join a sinking ship

runic grotto
hasty hill
#

wow i also write criminal algorithms when i leetcode

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they should fine me

lyric loom
#

@hasty hill

hasty hill
#

and don't dm me ever again

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or i will abuse my mod powers

hasty hill
runic grotto
#

Do yk how many people did optivers

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Does it include US?

hasty hill
weary path
#

that was my plan ๐Ÿ˜‚

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NOOOOOOOOOOO ๐Ÿ˜ญ๐Ÿ˜ญ

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no got an email the same time it was posted on instagram (+- an hour)

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yeah I also donโ€™t like competitions where the winner just gets paid out in cash. prolly an unpopular opinion

long raft
#

That ovomaltine ainโ€™t cheap ๐Ÿฅฒ๐Ÿฅฒ

runic grotto
#

Optiver advertises the most out of all the quant firms I've seen

runic grotto
#

๐Ÿ’€

storm ember
#

what do/did you study

weary path
#

man not sure, optiver is even on my insta ads ๐Ÿ˜‚

weary path
weary path
storm ember
#

yea what math

weary path
#

wdm? my degree is called math. My focus is in (the mathematics of) deep learning and mathfin, however the latter is not very interesting

storm ember
#

i mean you did a masters right? what was it on, what are your interests in math, whats the latest paper you read or found interesting

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it isnt a test i just want to know more about you

weary path
#

i am still doing my masters, my thesis is on DL in mathfin (model free pricing using deep-hedging, signature methods etc. )

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my work is very much orthogonal to what i study btw

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mostly about proving different things, so not very exciting for the audience here lmao

storm ember
#

does model-free refer to a potential concrete ml implementation or to less assumptions being made on the distribution(s) of the underlying object

weary path
#

no not really. Are you familiar with mathfin?

storm ember
#

no, probably doesnt help

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well i took a financial math course once

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that was years ago though and all we did was black scholes, some option pricing and basic measure theory

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im familiar with math though if that helps

weary path
#

hmm okk, so in essence instead of fixing one measure that drives the underlying stochastic process we take consider all the measures that are in some sense compatible with the current price.

storm ember
#

nice

weary path
storm ember
#

might skim the paper, thx

weary path
#

for model free just read acciaio, she was kinda the pioneer

storm ember
#

a lot of my friends are into optimal transport though i didnt study it all that much

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looks like the fintech goonies are finally getting to it

runic grotto
#

Anyone got any tips on how I should frame myself when applying to Jane Street's SWE programs

#

I have no idea what values they're looking for

long raft
modest sleet
#

No magic

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From what Iโ€™ve heard having ICPC can be quite helpful as well

runic grotto
modest sleet
#

Wait, you have to fill in 150 words somewhere? I donโ€™t even remember doing that lol

modest sleet
runic grotto
modest sleet
broken thorn
weary path
modest sleet
#

So how long do you reckon itโ€™s going to take you to complete it? Also, do you not find it hard to study after a day of work?

weary path
#

i just have my thesis to do in the coming semester so should be done by june

fast gazelle
#

I hrt chess

patent osprey
#

theres's this course at my school called Probabilistic Reasoning. this is a breif overview of what it goes over. Would it be beneficial taking this to crack into quant swe roles, or not neccessary? appreciate the help

patent osprey
static musk
#

it won't hurt but its unlikely that you'll come across those questions in a swe interview for most firms

broken thorn
#

cool challenge question, what is the expected number of drinks in this drinking game:
start with deck of 52 cards
start at step 1.
step1: guess black or red card drawn, drink and reset if wrong, go to step 2 if right
step 2: guess if card is higher or lower, drink and reset if wrong or duplicate card, go to step 3 if right
step 3: guess if card is inside or outside the two cards, drink and reset if wrong or card is duplicate , go to step 4 if right
step 4: guess suit of card, win if correct, drink and reset if wrong.

#

if the deck is infinite cards i have an answer (simple system of equations, 17.11 is final score on average), but for a limited dekc of 52 cards i do not know the answer

#

beccause duplicates are less likely than 1/13 and 2/13 for rounds 2 and 3, and guessing the final suit is more likely because counting num of each suits

stoic willow
#

Does anyone know if Headlands sends an OA automatically?

summer stratus
#

cool challenge question what is the

broken thorn
junior dew
#

adds drinks

#

guessing inside on 8 6

#

ONE TIME

broken thorn
#

since usually it caps at 25ish cards wjen someone does ride the bus

broken thorn
junior dew
storm ember
#

that you return the card after drawn and reshuffle?

#

have you tried using a smaller deck or less suits?

#

or truncating the game and simply calculating the expected number of drinks to hit step 2 or step 3 or step 4?

#

solving any of these subproblems will probably make solving the full thing easier

broken thorn
#

or draw without replacement i guess

broken thorn
#

but without replacement all games are different

storm ember
#

theres nothing special about a standard deck of cards. you can of course calculate the exact value in each of these cases though chances are it wont be a particularly nice expression

#

if you want an approximation, itll probably be within 1 of the infinite case

#

and of course that the proportion of E[X] will tend towards 17.11 as you increase the size of deck

#

provided your value is correct

patent osprey
ornate solstice
#

Oh, i went onto the uw website catalog and it looked like that too

broken thorn
#

replacement matters in probability

storm ember
#

no one said otherwise

storm ember
#

that was my interpretation

#

if not then none of the stuff i said earlier applies

broken thorn
#

you go to step 1

#

cards stay on tabler

storm ember
#

the game sounds fun but probably better if done not alone

#

if i was taking shots of anything other than beer i would die

#

do you think the expected value is above or below 16?

broken thorn
storm ember
#

on average, do you think the probability that your most recent drink ends up being your last, goes up as the game progresses?

broken thorn
broken thorn
#

i wish i was

#

thanks

#

just system of 4 equations

#

from a probability class

#

u can assume average chance to get something is half way between 50% and 100% when u get to choose smaller or larger

#

same way that the average length of a larger stick when u break a stick at a random point is 75% the total length

#

50% is minimum length

#

you pick the larger stick

#

not brain fart imo

#

its kinda unintuitive

#

yeh

#

ye

#

also u can graph it

#

where x from 0 to 1 is the cut position, and y is max (x, 1-x)

#

and then the average value is .75 with triangles and 1/2base times height

broken thorn
#

continuous math dogesmile

rapid cargo
#

gm

#

y'all know any good data science curriculum?

#

or projects to work on/do

haughty crater
#

Hello hello

#

Does anyone have any good resources for starting out in learning about quantitative trading and the theories related to it (e.g black scholes)

#

Like textbooks and stuff

broken thorn
#

@hasty hill i pinged u for a reply to somethign u said a while ago and then realized i already said the same thing to you right when u posted it so deleted

storm ember
rare rock
#

u need masters for quant?

rose holly
#

idts?

#

lot of QTs with just a BS

rare rock
#

oh i see

rose holly
#

i feel like people only do the MS to get a better school name on their resume

#

minus the ones who actually do niche research

near sail
#

Has anybody done the VidCruiter Test video interview for the trading internship at Akuna Capital?

#

What should I expect to do on it?

nocturne estuary
#

Math I think

#

It was like math problems and then explain

#

I donโ€™t remember that well though

ornate solstice
#

Anyone know how much tgs pays their sdes at like faang senior software engineer experience position?

hasty hill
ornate solstice
steady basin
#

Hey didnโ€™t know where to ask but was curious if anyone here would know. When it comes to HFT, whatโ€™s preventing a snowball effect of the market going down a little, then aggressive bots recognize the downward trend immediately and selling, then every other bot responding to that as well, causing more and more people to panic sell? Does it have to do with sensitivity of algorithms?

limpid nacelle
#

Electronic market making is considered a "high alpha" quant division

#

And they are usually market neutral and follow the market

#

They are usually not amplifying the "effect" of the market

#

Although there might be some manipulations made by some shops sadge

#

That's my understanding

steady basin
#

Hm interesting, thx!

rapid cargo
#

whats that highly recommended stats/math class ive seen ppl link here?

#

i cant remember the name or school to check

clear grove
#

cringe statistical learner vs chad algebraic topologist

#

nah AT is definitely much better

#

dg in my experience has very annoying notation

#

im taking it right now

rapid cargo
#

thank you

ornate solstice
#

Yeah, west coast based

static musk
ornate solstice
quasi orbit
#

Just delay undergrad ๐Ÿ’ฆ

scenic bison
#

may 2024 grad to may 2025 grad pipeline

hasty hill
rapid cargo
long raft
#

Radix to Amazon ๐Ÿฅฒ๐Ÿซก

limpid nacelle
#

So much copium

rose holly
#

WE CAN ALL JOIN JANE STREET

#

WE JUST HAVE TO TRY

limpid nacelle
#

My guy is clowning on LinkedIn

rose holly
runic grotto
#

The people making these claims always have the least credentials

#

Mf didn't even intern there

limpid nacelle
broken thorn
#

what do you think they have that gets them hired instead of other people then? communication? lucky? insanely hard worker?

royal forge
#

do you think you are normal?

#

ok then that's why ๐Ÿ˜‚

limpid nacelle
#

No Mr n3, everyone can get into Jane street

#

You just have to try

floral locust
#

y do u care so much about some random linkedin post

#

yea

#

i just moved in

#

u should visit

#

yuh

#

dm

rose holly
#

curse of being a genius mr bog

broken thorn
floral locust
#

i did actually qualify for unemployment

#

i just never bothered to apply

broken thorn
#

takes a lot of disciplne tho (unless u get addicted in which case congrats)

modest sleet
#

Idk, I have a FAANG internship and still donโ€™t feel like I would be able to crack quant. But Tbf, Iโ€™m not amazing at leetcode, and just now studying OS because thatโ€™s how my uni does it.

barren steeple
#

yeah but good chunk of ppl who do get quant, have been doing math or coding for a huge part of their lives

#

probably a
Majority

opaque sable
#

if my dumb ass with no internships and 1 month of leetcode can get an interview at optiver then you can too!!

#

At least for swe roles at these firms I don't think the technical bar is as high at ppl think. But still defo high and hard

#

Lots of luck involved lol

quasi orbit
rose holly
#

they were just pretty hardcore about everything

#

do people refer

#

like ive never referred

#

do those help PepeLaugh

#

blinders give referrals to anyone and everyone

opaque sable
#

depends on the company

rose holly
#

seems pointless to me

quasi orbit
#

like HRT swe had the same questions for a lot of the core engineering positions

opaque sable
#

why pointless?

limpid nacelle
#

Are you a normal person Mr yahkub?

rose holly
#

and i dont think recruiters r entirely oblivious to that

#

one year i think msft or some other company said referrals wouldnt do shit

#

for early career (?)

opaque sable
#

yea but there are still multiple times more apps with no referral

#

it just increases your chances of being looked at cause you have a connection at the company

runic grotto
rose holly
opaque sable
#

i heard that about msft

rose holly
#

nowadays ppl even have their referral codes/links on their linkedin ๐Ÿ’€

#

or like a "msg me for referral"

broken thorn
#

megabrain genius with 3.95 from a t15 and 2 noname or better prev exp

cyan sparrow
#

When did this channel become like those cringe college admissions reddit

modest sleet
rose holly
#

Hey guys, I'm a high school senior and I'm going to attend a community college because I didn't try so hard in school. I've recently become interested in finance and stocks (I've even opened up my own Robinhood account!) and want to join Jane Street to learn more. What should my next steps be!

rose holly
#

alright im cringing too hard

dapper iris
#

i started coding in college ๐Ÿ˜”

floral locust
lost leaf
#

i did a coding bootcamp when i was still partially in my father's left scrote

#

is it too late to get big tech

weary path
broken thorn
#

codesignal grading too polarized

#

imagine if the grammar portion of SAT alone determined if you were guaranteed 1500+ or got 1300 max

#

they should just make more than 1 question matter imo

#

still have each question worth more than the previous, but dont make the entire grade determined by q4

#

1+4=over 800

#

4 alone is like 790+

#

the scores should be smoothish imo, instead of having a big gap

#

at that point why not truncate it so 760-800 doesnt exist

#

cuz if its almost impossible to get those grades why do that

#

tbh i might even like restructuring it so its 4 leetcode easies/maybe a med or 2, then just grade based on how many test cases and how long it took

#

so its more about "how fast can u get most or all cases on 4 reasonable questions"

#

instesad of "coin flip q4 and then do 1 and 2 to pad grade, question 3 does not exist"

#

i won the coin flip but it doesnt feel rewarding

#

what score is 99 percentile

#

anything above 800 is irrelevant tho, imagine if SAT capped out at 1400

runic grotto
broken thorn
#

outside of like an actual discussion about sat scores

#

how can u know thier sat scores? or do you just ask in HS and then see them similar success?

nocturne estuary
#

SAT

broken thorn
#

now im on board

#

not a coin flip, 2/4 would probably still be a great score

#

but also its far too hard to be a fair filter, gotta remember companies are just gonna resume reject after u give them the 800+ either way

broken thorn
#

so close to the cutoff

runic grotto
#

Yeah something like that

broken thorn
#

is it still possible to get quant for me

rose holly
#

has the SAT gotten easier

#

back then 1520 was decent

broken thorn
#

is 99th not decent?

rose holly
#

i mean it was enough to meet that checkbox for lots of top schools

#

i feel like ive been hearing so many scores higher than that from the new kids

#

like 2024+ grad date

#

something like that

broken thorn
#

when i was applying this fall a lot of quant places just said "98th percentile or higher" as the highest option for SAT

#

they asked for any score including gres and shit

#

ye wtf

#

biger than my head

runic grotto
#

@ember lava do they do interviews for those programs?

rose holly
#

thinking more about college admissions, people used to compare SAT scores more than pp size

runic grotto
#

Wtf, do you know anyone who did SEE

broken thorn
rose holly
broken thorn
#

ye

#

||baited||

#

its percentile based innit?

#

average is 1k i pretty sure

runic grotto
#

Jane Street's fresh/soph program

broken thorn
#

that sis not weighted very well

runic grotto
#

Do yk if focus also had oa/interviews?

#

Oh

rose holly
#

it like, progressively gets easier?

#

i should check out the SATs from this year lmfao

#

i took mine in 2017 i think

broken thorn
#

was 1994 the year of the essay adding?

#

i dont count essay

#

i didnt take the essay

#

and most ppl talk about the score without essay i think

rose holly
#

i dont even remember the essay

broken thorn
#

analogies are the sussest questions imo

runic grotto
#

Wtf

broken thorn
#

c
d
A
C

#

107 % 5 = 2, B

frigid zealot
broken thorn
frigid zealot
broken thorn
#

37 fucked up cuz u gotta know what plaid looks like in ur minds eye

limpid nacelle
#

Where is this from?

broken thorn
#

what did u get pracksis

#

o sat

#

gigachad

#

700 800>800 800

runic grotto
#

ACT is infinitely easier

nocturne estuary
#

I think ACT vs SAT depends on what kind of test taker you are

#

ACT kills on time crunch if i recall correctly

broken thorn
#

u have to read so much as a kid to get 800 on reading

broken thorn
nocturne estuary
#

The goal is to have a handicap, not to get handouts

broken thorn
#

hate the player not the game

#

i never did that but i cant blame antone who did

nocturne estuary
#

I can

#

#weak

#

Cheating to win is not winning

#

L + ratio

#

Yeah but then they donโ€™t get in anywhere

broken thorn
#

the system of extra time is fucked up anyways

nocturne estuary
#

If you have to cheat on the SAT to do well then uh

broken thorn
#

everyone should get extra time

nocturne estuary
#

Youโ€™re probably just dumb sorry

broken thorn
#

extra time doesnt hrlp on sat does it?

#

prolly it does for grammarg section actially

nocturne estuary
#

I feel like it could for math cause rechecking work

broken thorn
#

perhaps

#

imagine not rechecking work after every problem tho

nocturne estuary
#

Ok

#

I know

#

Incredibly annoying

#

Me on the left right now

broken thorn
#

wym

#

how to fix?

floral locust
#

I donโ€™t think cheating on standardized exams is endemic to just the us lmao

#

The us is great I love capitalism

broken thorn
#

its endemic to being human

#

even if not outriggt lie, we always stretch truth to people we talk to, when doing sales, friends, etc

#

im not skilled enough at either

#

forced to be truthful ๐Ÿ˜ญ

rose holly
#

i thought you were chaewon this whole time

floral locust
#

she is

limpid nacelle
floral locust
#

1

rose holly
#

also 1

#

lmao this kinda reminds me of the human benchmark test

rapid cargo
#

why 1

#

the pattern i see is the top right dot gets removed in each move to the right, along the rows

floral locust
#

Both give the same answer lol

rapid cargo
#

oh that's much easier

limpid nacelle
rapid cargo
#

do i get my quant offer now?

#

i dont get this one

limpid nacelle
#

I am

#

Last one:

rose holly
# limpid nacelle

whys this one 5? is it because each row/col must have shapes of 2,3,4 lines each and there have to be 2 shapes with an underline and 1 without?

limpid nacelle
#

Is it?

#

The example you provided is not funny

#

Send link

rapid cargo
#

what's the point of these type of questions?

limpid nacelle
#

@ember lava you will like this one:

rose holly
#

|| is it you need 3 diagonal stripe ones in each column and 2 of everything else ||

rose holly
#

did you guys do these to train for something? ive seen it in some mental assessments but never looked for these sites lmao

#

oh wtf thats smart

#

i did it differently

limpid nacelle
#

That's not the logic I think

#

Cuz it doesn't include the first row information

#

It's more mathy

rose holly
#

|| just need two of them to add to the remaining one is what i did ||

#

i forgot where but ive seen some questions that were crazy hard to solve

#

looked at them for 2 hrs and got nothing

#

most likely an OA

limpid nacelle
#

||1 white ball "is equal" to 2 black balls||

rose holly
limpid nacelle
#

Imagine there is gravity from the bottom

rose holly
summer stratus
#

seems to have some sort of conservation in the system (each row/col)

#

anyway, 5 is the answer im guessing

rose holly
#

this one got me mad fucked up though

#

can't believe i didn't see that

#

like it's not enough for me to be 100% sure thats the answer but its a nice sanity check

broken thorn
limpid nacelle
#

U didn't dm

#

My DMs are open waz

broken thorn
#

"accept my linkedin request"

feral cobalt
final forge
# rose holly || 5? ||

pogu same answer but also not convinced there's an actual rule except it looks the least badge/followes the most semi consistent rules I could think of

also I don't get the 2nd and 3rd row thing unless you are just ignoring ordering for some reason

#

well actually it consistently follows the rules I was thinking of it's just stupid asf

#

it actually has various ""nice"" or at least consistent properties but this is tea reading lol

hollow lantern
#

anyone solved IMC Trading Assessment?

weary path
hollow lantern
#

Software Engineering

final forge
ornate solstice
#

Crazy to all get ||5|| from different ways

rose holly
limpid nacelle
limpid nacelle
broken thorn
#

he

#

just did

rose holly
#

@rose holly is it one butt or two butts

broken thorn
#

isnt it crazy that even these progressive matrices have patterns u can memorize like lc or quant questiond

#

guess its a pretty common sense take that every test can be studied for, cope to think u can make any test that breaks that, like an iq test

limpid nacelle
#

There is one test you cannot study for

#

It's the test of luck ๐ŸŽฒ

broken thorn
#

tell me thats luck

modest sleet
# broken thorn guess its a pretty common sense take that every test can be studied for, cope to...

Iโ€™ve read a post about this a while ago. A guy was required to take an IQ test by the military in order to be eligible for promo and him and his buddies did questions in their spare time for practice, to the point when they were able to basically do any IQ test within 10-15 minutes. He warned his supervisors that he doesnโ€™t think itโ€™s a fair assessment as heโ€™s been practicing for it a bit too much and they made him take it anyway.

He ended up with โ€œIQโ€ of 184 and everyone in the country wanting him on the team.

broken thorn
#

this guy shows so many patterns that i just dont think are fair

#

like looking at diag symmetry is too much of a stretch

#

0,3 3,2 2,1 shouldnt be a group that has a pattern shared

lost leaf
#

wtf accept my linkedin request

broken thorn
#

i dont think intelligence matters as much as how good you are after studying

#

instead of trying to measure intelligence i think measuring what leetcode does is way better

#

leetcode is proficiency after u grind the shit out of something

limpid nacelle
#

productiveness and efficiency are key

broken thorn
#

true, but its hard to emasure how fast someone learns because you cant find a concet novel to everyone

#

some people its completely novel, others its a tweak on something they already know

limpid nacelle
#

There are many smart and lazy mfs I would not hire

#

If I were a recruiter

broken thorn
#

who could he be talking about

hasty hill
#

So then i guess the real question becomes: does IQ follow a normal distribution among human population?

#

inb4 โ€œintelligence is complicated and cant be measuredโ€ lol

rose holly
#

there are different types of intelligence kirb

#

like emotional intelligence

hasty hill
#

I mean IRL i think so too. For like daily living and life

hasty hill
#

But there are def contexts where itโ€™s good to attempt measuring intelligence. Even if itโ€™s just academic context

#

Why shouldnt we try it

broken thorn
#

(intelligence+boost from grinding) is way easier to measure and way more important

rose holly
#

we should just measure TC tbh

broken thorn
#

if it takes u 400 lc to get amazon who fares

#

cares

runic grotto
rose holly
#

ivy league to aws has to be the saddest shit

#

clown of the school

#

summa cum laude but the other direction

broken thorn
#

cope outcome

cyan sparrow
#

eh some ppl are too offline to care

#

the smartest cs kid ik from harvard went to zon after grad too

rose holly
#

i was jk but yea

#

if i say anything offensive or bannable

#

just know i was jk

broken thorn
chilly echo
#

hmmm

#

to me... that sounds like a massive win

stoic willow
#

Do HFT shops usually have set cooldown periods before you can apply again?

ornate solstice
stoic willow
#

True. I guess I should ask instead, do HFTs have excessive cooldown periods or blacklists?

rose holly
#

i guess when your classmates are the ones creating successful startups or joining top HFTs and you join zon it seems real average

ornate solstice
#

Maybe im deluded, but doesn't scamazon get a lot more hate than most other companies?

rose holly
#

i think the founder of domeyard talked about it too

ornate solstice
#

"Not prestigious enough"

ornate solstice
lost leaf
#

imagine not getting a single offer or callback from MIT, that seems very depressing lol

rose holly
#

at a T2000 school getting into zon might make you king arthur

nocturne estuary
#

I hope youโ€™re not being serious right now

rose holly
#

L take

nocturne estuary
#

You can never tell with the people in this channel

rose holly
#

g gets free food

#

they are not the same

#

the view will just make you want to embrace it all and jump

#

i prefer the WALLS

lost leaf
#

you cna get the hrt view by breaking and entering

scenic bison
#

If theyโ€™re the same can I put google on my resume instead then

ornate solstice
#

Meta is fucked

lost leaf
#

meta has a more prestigious severance package than zon

#

g has the best sev

#

so g > meta > zon

ornate solstice
#

Lmfao for when you get pipped

lost leaf
#

rate company prestige by severance

nocturne estuary
fast gazelle
#

hey but at least at zon you can transfer to a warehouse role if you get piped

lost leaf
rose holly
#

some fast food places let you eat free food

#

why would you want to pee in bottles instead

lost leaf
#

gotta get the bill hwang experience

stoic willow
#

I was at Meta. Still was paid the same as an Amazonian

lost leaf
#

smh

rose holly
#

na

#

im a core dev lmfao

#

but i interviewed for tech before

stoic willow
#

I failed Amazon and passed Meta's interview. I did Amazon at the beginning of my prep journey and finished it with Meta

rose holly
#

lot of ppl get 1x30 or ez meds at zon

#

much higher variance

ornate solstice
#

1x30 is stupid

rose holly
#

i like to think its more consistent around the higher end of meds

ornate solstice
#

But i think catbox has some hatred towards zon

rose holly
#

k softie

lost leaf
rose holly
#

na

nocturne estuary
#

CTCTCTCTCTCTCTCTCTCTCTCTC

rose holly
#

i just call all c++ positions core dev

#

so i dont have to say im swe

#

im diffy

lost leaf
#

peak cope, once a swe always a swe

nocturne estuary
#

core dev sounds worse than swe

rose holly
#

bruh

nocturne estuary
#

core dev = the cpp that runs on your car radio

lost leaf
#

too busy being algo dev?

#

smh

nocturne estuary
#

quant dev

lost leaf
#

notice how swes hate being called swes

nocturne estuary
#

i think its just the cat guy

lost leaf
stoic willow
#

So what's the average cooldown for HFTs? I have a job and an interview offer so was considering going in without any prep. Bad idea?

rose holly
stoic willow
#

Any places that blacklist?

nocturne estuary
#

citadel is a year cooldown i think

#

if that helps

rose holly
#

id even take c++ dev over just swe

nocturne estuary
#

how is swe different from any of the other roles you mention?

rose holly
#

frontend, backend, infra, in different languages and tech stacks

stoic willow
#

Maybe I'll delay as much as possible and read a CPP book

lost leaf
#

calling yourself a c++ dev to feel unique is like looking down on minimum wage workers getting $1 an hour more

ornate solstice