quants-n-traders

[lost leaf]

fubini capital has fallen on hard times

[floral locust]

I’m trolling

Can u send the papers btw?

[short sphinx]

backpack dude

its so fire

[atomic briar]

?

145?

[boreal hound]

lol its not that easy. if ur not going to a T10 its already extremely difficult

[short patio]

She’s just making shit up

It’s neither 145K prorated nor 145K for the summer

It’s like 250K prorated

Which is 60K for an internship

[boreal hound]

their site says 250

[short patio]

Fr ong?

[long raft]

Message deleted🥲

[short patio]

ok nosy stalker

[rose holly]

Is that 250k or 60k for the 3 months

[boreal hound]

60k...

[rose holly]

pennies

[boreal hound]

bro no one is paying interns 1 mil annually haha

[shadow estuary]

considering the tags its prob in euros or pounds or w.e them mfs use

[crystal lynx]

u guys worried about the money but does she acc have js interview qs?

[long raft]

She used “$” not £ or € 🤔

[long raft]

I Hope so. Slid into her dms 😎😂

[pearl spade]

u need something to protect ur back when a stray bullet hits in chiraq

[short patio]

didn't count housing or anything, isn't the base 250k prorated

[limpid nacelle]

[floral locust]

Yoooo

[winter rover]

Yoyo

[vital gorge]

Can anyone send invite link for the quant discord?

Ah what happened?

[vital gorge]

Can invite me?

[rose holly]

Can someone tell me how to achieve quant

[neat junco]

be good at everything + have enough luck

[rose holly]

How do I be good

[lost leaf]

stop being bad

[rose holly]

But how do I stop being bad

[lost leaf]

watch richard and mortimer like an intellectual

[rose holly]

I already watch Rick and morty

I want to be Rick but sadly I’m a Jerry

[weary path]

luck and then more luck 🥱🥱

[solar axle]

Can someone tell me how to achieve qt

[fast gazelle]

aren’t you at hrt

[lost leaf]

have you tried doing the most humorous thing a man could witness?

[rose holly]

what did you choose over js

or what is there to choose over js

true. if you got js you probably got options

average kpop enjoyer activities

[rose holly]

Why is bridgwater associates > Jane street

[runic grotto]

Who has the best logo

[rose holly]

Oh

[long raft]

Mc Donald’s 🤩

Simple but elegant

[gentle meadow]

ok why is radix and rentech logo sucks

two sigma, imc, and jane street is the best one imo

[rose holly]

2s >>

[gentle meadow]

thanks!

idk what to do next

maybe trading

we see what the future holds

[short patio]

https://www.linkedin.com/in/jackfischer11

This is a based profile

[cyan sparrow]

?

https://www.linkedin.com/in/bqi343/

This is a based profile

chaewon = goku clone

[broken thorn]

makinf markets makes money makes sense

they r bookies

[floral locust]

Very

[lost leaf]

i've been carrying some pocket grass recently, but it seems that the dirt is difficult to clean out after the fact. could anyone refer me to some quality pocket grass (or if artificial grass counts)?

[rapid cargo]

bro took to a whole new level

[final forge]

real grass is contaminated by all the icky nature outside. your best bet is to get synthetic turf made of virgin polyethylene. non of this recycled rubbish used by the peasantry. has to be made from directly from good ol fashion petroleum derivatives.

[lost leaf]

thank you!! this will bring my grass touching to a new level. i have been using fresh grass this whole time

my pockets always had a vague tinge of canine feces, hopefully that will go away with the high quality synthetic turf.

[rose holly]

How do I become cracked enough to pass quant interviews

[rose holly]

brain transplant

I can swap brains with chaewon

[gentle meadow]

how do i get quant

i legit cannot pass their shitty interviews despite acing them

[runic grotto]

So schedule interviews with lower tier shops before higher tier ones?

[short patio]

wait HUH?

rentech doesn't really hire NG and idt bridgewater swe is cream of the crop

@odd vector any advice for chimi chimi chanda

[gentle meadow]

I was thinking of going for lower tier

[short patio]

not worth your time to go there for ng

you get similar comp for worse WLB + growth

[gentle meadow]

I just wanna try something new

[obtuse flame]

it's just rng for you tbh

[gentle meadow]

rng just never liked me

I get L + ratio

[obtuse flame]

and your school maybe donks you

[short patio]

just apply for ng and interview again fuck it

not like you're blacklsited

maybe you'll pick up a few offers

[obtuse flame]

for jump and two sigma

[short patio]

I mean you have absurdly goated resume

[obtuse flame]

when they do final review

[short patio]

picking up tech cos like infinity stones

[gentle meadow]

curious what they put in stack rank

[runic grotto]

Jump and 2s have schools they only hire from?

[gentle meadow]

how do they form the bell curve

what contributes ur rank

[obtuse flame]

jump loves UIUC, two sig have hiring committee

[short patio]

don't think TS cares about school

Jump maybe

Five Rings yes

[gentle meadow]

TS didn’t care about school since I have a friend from my school

[runic grotto]

So a UIUC candidate would have a greater advantage than a more qualified other college candidate?

[obtuse flame]

final review is riddled with subjectivity tho

[gentle meadow]

who got 2sig new grad

[obtuse flame]

yes

[short patio]

I've seen kids from plenty of schools go quant

[runic grotto]

[gentle meadow]

ur school is def higher tier than mine

[short patio]

this is true but among cs schools still no name

[obtuse flame]

I meant like a good school is smth they still care about so you didn't rank as good as others

[short patio]

literally only 2 people ever have made it to quant from ng

[gentle meadow]

prob

[short patio]

and both at sig

which is school blind

[gentle meadow]

that’s the only thing that I fall short of

[shadow estuary]

how do you know you ace them?

[gentle meadow]

passing the test cases and ending earlier lol

also I moved up in the round

That too

[runic grotto]

[shadow estuary]

imo you shouldnt think you ace them, always smth u can improve on

[short patio]

no offers? how many places did you interview at

[shadow estuary]

very likely they receive signals that make them pass

[atomic briar]

Idk about that

I think it's partly just a function of quantity

[short patio]

my bad, if @regal sorrel works there it is tier 0 firm

best of the best

[cyan sparrow]

Elite trolling

[rose holly]

devious

[fast gazelle]

this is why i hate this server

you guys shit on bridgewater bc you're jealous of their culture and TC

next time just pass the interview

[odd vector]

Specifically for jump, yes because the founders are from UIUC

[odd vector]

What’s the q

[short patio]

“How do I get offers for swe @ quant”

[odd vector]

I mean idk who can really answer this but as far as getting the interview, cold emailing, optimizing your resume for ATS, and connections at the company are probably all you can use

I did the first two

And as far as the interview is concerned, other than JS they’re all preppable imo so you can probably just practice stuff in the style of the company you’re interviewing at

And even JS is more so writing clean, concise, readable code so you invariably practice for it whenever you code anything

[cyan sparrow]

https://tenor.com/view/tumbleweed-silence-gif-19279803

[odd vector]

That is either the funniest joke or the saddest cope I’ve ever heard

[lost leaf]

yeah

what team

dashboards for speed profiling?

not the worst thing on earth

the only good teams on google require a phd to have human rights in

@rose holly wharton econ phd -> google ads research (5m tc)

rope tier company

im staying in my totally better not a sham company. i love infosys

[short patio]

@regal sorrel I don’t think google > BW for quant, maybe for swe but you should have no problem landing swe roles

[lost stratus]

would bw let you work on a quant team

[tulip sapphire]

i cant tell if ur trolling

[lost leaf]

i thought harvard was enough

[rose holly]

Yahkuna River Trading

[lost leaf]

literally no one passes deepmind screen

deepmind isnt real

[gentle meadow]

yea I don’t think my plan was good idea

I just wanna try something new

[lost stratus]

Sometimes theres rng where even if you answer a technical question correctly, the interviewer might just not like the way you answered it and there isnt anything you can do about that

[gentle meadow]

that's just any company tbh

even fb did me dirty like all of the firms

it's alright

we come back stronger

[lost stratus]

Imo quant firms a bit more stingier than tech because they dont place as much of an emphasis on ds&a than tech does

[lost stratus]

Were you able to solve both problems optimally in your fb interview

[gentle meadow]

ye

dude just didn't like me

i could tell

[lost stratus]

Side eye

They fr did you dirty

[gentle meadow]

it's alright

they dying anyways

i got better offers !

i still wanna try trading out

i think i achieved everything that i want in tech at least

besides startups

[lost stratus]

Also "low tier" firms are still good because they can get you quant interviews at literally every firm so its good for opening doors

[gentle meadow]

if i go to lower tier firm

it would be for new grad

unsure if that's worth

tbh

[lost stratus]

Thats still good for resume value to quant firms though

[gentle meadow]

im not doing another internship after the next 3 lol

[gentle meadow]

hmm is it worth the pay cut and worse wlb?

i rather grind hard in studying while cruising big tech

[lost stratus]

Well you could do like valkyrie -> headlands for example

[gentle meadow]

hmmm fair enough

we will see what firms that i can get into then

[lost stratus]

Iv also seen tanius -> qr at radix

[gentle meadow]

tf

insane

[lost stratus]

Lots of people transition to cit/js+ level firms after some time at a lesser known/smaller/not as good firm

[atomic briar]

nah don't do this lmao

you can also transition from big tech to top firms without subjecting yourself to the toil of a sweatshop

[gentle meadow]

idk if i could tho

i go to less prestigious school

[lost stratus]

What firms are a sweatshop

[gentle meadow]

so i felt like i need trading exp to stand out

[atomic briar]

basically I'm saying I wouldn't gamble your first job away just for a shot at a better firm down the road

[gentle meadow]

clearly im unlucky af

[atomic briar]

just enjoy big tech

[gentle meadow]

is it easier to transition from trading to big tech than vice versa?

idk i just felt like i will regret not doing trading later on

[atomic briar]

who knows going forward. economy fucked

[gentle meadow]

fair enough

[atomic briar]

why it's just a random bullshit job

assuming you mean swe at a trading firm

I get wanting to try trading out

[gentle meadow]

ye

[atomic briar]

but swe at a trading firm seems meh to me

[gentle meadow]

i guess they are treated poorly compare to qr and qt

[atomic briar]

it seems like only a small subset of quant swes get to work on cool latency stuff anyways

I wouldn't beat yourself up over it

[gentle meadow]

true

im chilling anyways for recruiting

[atomic briar]

when you consider marginal utility of $ + worse WLB + worse job stability, quant SWE is a meh proposition at the vast majority of firms

[lost stratus]

@atomic briar ?

[atomic briar]

a lot

relative to big tech

[lost stratus]

Could i get some names please

[atomic briar]

I don't think you'll find a single firm with better WLB than an average big tech job

[gentle meadow]

u r compensated more with tc tho

[atomic briar]

especially controlling for the fact that quant SWEs tend to be more productive in the first place

[atomic briar]

marginal utility of $

Idt it matters that much

[gentle meadow]

wym

[lost stratus]

Ik but you said sweatshop so what firms were you reffering to that were that bad

[atomic briar]

past a certain point, I would look past pure $$$ and consider other material factors

[gentle meadow]

icic wym

[atomic briar]

what would you actually gain from making 350k vs. 250k

[gentle meadow]

depends on what u value tho

[floral locust]

Holy 🤓🤓🤓

[gentle meadow]

i just want more money tbh

[atomic briar]

don't fall into the hedonistic treadmill

[shadow estuary]

grass is always greener

[atomic briar]

if you always chase more you'll never be happy

gotta be satisfied at some point

yeah

https://en.wikipedia.org/wiki/Hedonic_treadmill

if you make enough money to satisfy all realistic needs and desires, I'd start prioritizing time, family, relationships, etc.

[gentle meadow]

make sense

i kinda felt like i could use my time for other things like studying for trading

everything feels like a waste of time

idk if that's because i always grinding and working

[atomic briar]

I was recently considering grad school actually

nahhhh even worse

I'll pm

🤯

[shadow estuary]

50k post tax

[atomic briar]

unironically

[shadow estuary]

ya ik lol tax brackets go crazy

[atomic briar]

good example of marginal utility in action too

you can make a very good argument that the highest earners should be taxed even more than they already are

[shadow estuary]

used to be the case

highest bracket was 90% in the 50s

then got lowered to 70%ish until the 80s

[atomic briar]

golden age fr

that's how we get the interstate system and shit

[shadow estuary]

when mfs had a middle class life on one blue collar salary

[atomic briar]

very based

[final forge]

have you considered reevaluating

I also just realized that it sufficiently vague to include a constant utility, I hope you're doing ok buckeroo

[obtuse flame]

I mean in general, but esp with hiring committees it could be worse I feel

[fringe flint]

Bro has never read a finance book in his life

The compound interest of 100k will turn into tens of millions of dollars before u know it

Simply investing in SP500

If ur smart investor u can turn it into a million in a year, but if ur dumb u still make millions

[scenic bison]

Fr lol

You’d be surprised 💀

Probably half the people active in this channel would mald over 350

[broken thorn]

350 is better than 250 because ego

[ember night]

how would you know

[shadow estuary]

its very easy to quantify the monetary value wrt interest

again

350k vs 250k is 50k post tax

the rule of 72 and average returns of the s&p (ur not beating the market) is double every 10 years at 7% inflation adjusted

so 50k will be 100k in 10 years, 200k in 20 years

that is absolutely not significant compared to the earnings over an entire career

[azure zinc]

@shadow estuary but that's 50k... every year. so the raise's actual 'value' in 20 years is like sum of (1.07^x)*50, 1 to x years - which can be pretty significant

[shadow estuary]

a very generous effective capital gains tax will give u only 75% of that as well so around 150k

[shadow estuary]

this adds faaar too many variables

ur assuming the delta is always 50k

comp wont converge at some point, no layoffs, unexpected expenses, job changes, lifestyle inflation, 20 year career minimum

it is 99% not likely to be the case

ill entertain the scenario though

lets assume a 350k gives u a permanent 100k life buff to ur earnings forever

again constant 50k post tax investment at 7% inflation adjusted

roughly ~2mil after 20 years

which is a lot, lets assume u want to retire at 40

2mil in the opposite path of no 50k extra yearly investment, since compounding interest is backloaded, can be the difference of retiring 2 - 3years later

[weary path]

LMAO 7% inflation adjusted 😂😂

i wouldn’t just take recent data to come to 7% there have been long periods in the past where the S&P was consistently losing, which is also the reason why many people put their money in a hedgefund they like. Not necessarily to just beat the S&P but to not get fucked if S&P slowly crashes

but 🤷‍♂️🤷‍♂️

[shadow estuary]

its not recent data

its based on a rolling 30 year period since the inception of the s and p

its the standard for all interest analysis

and yes the whole point of investing in hedge funds to is to hedge

at a certain point you dont care about wealth generation but instead preservation

this is for like hectomillionaires btw

not a random 9-5 W2 joe

[short patio]

guys guys

[final forge]

thank you, and 7% inflation adjusted is optimistic as someone else mentioned. using argmax of wealth at death to determine how to live life is ... depressing.

[short patio]

the answer is to simply not make 350k at quant

it's to make 500k+ at quant

🧠

[shadow estuary]

it gets a little annoying seeing this constant tc chase brain rot

ur rlly not going to be anything special working any of these jobs

its just varying degrees of middle to upper middle class

[short patio]

agreed, no significant lifestyle change between 250 and 350

you need to actually make a startup or some shit to become billionaire

otherwise it's just extra cash in your account

[final forge]

top end of this industry probably grazes the peasantry of the upper class, but yea

[shadow estuary]

yeah for sure, im not considering that cause its super unlikely lol

[short patio]

250k post-tax is at least a good 12k/mo

let's say, for absurdity's sake

4k on rent 4k on bullshit

still saving 4k/mo

[final forge]

fs

[shadow estuary]

defining classes is always going to raise a few brows and make someone seem out of touch

[final forge]

I mean you can look at statistics and be objectively out of touch

[short patio]

smartest quant

[shadow estuary]

like do you consider the 1% upper class or 0.1%

[short patio]

if you're making under 500k you're basically living paycheck to paycheck

tbh

[shadow estuary]

top 1% of earners in nyc earn 820k

0.1% is vastly different

[final forge]

true upper class is more of a wealth metric tbh

[shadow estuary]

agreed

[final forge]

500 = middle, 600 = upper middle

[rose holly]

Lower class is 400k and under 400k is just homeless

[short patio]

meanwhile median income is 70k in nyc

other bro is delulu

[gentle meadow]

1M is middle class

[cloud spear]

Least out of touch quant chat

[solar axle]

i hope this is a lie

no way 500k is lower class

so if i make 70k

what does that make me?

[fast gazelle]

it makes you poor

[solar axle]

isnt the average 40k?

that would make me above average

[cloud spear]

Obviously homeless

[gentle meadow]

70K isn’t enough for me

if it’s not 500K, how I’m gonna feed my milf

[solar axle]

dang thats toxic

[short patio]

we're all clowning the other guy who was saying that

[solar axle]

I see

Always good to be grateful for what you have

[atomic briar]

bro stfu lmao. of course I understand compound interest

it's a little embarrassing to make fun of others when you don't understand marginal utility

do you really think people making 350k are happier than people making 250k?

[solar axle]

IM GRATEFUL FOR EVERYTHING I HAVE 🙏🙏

[atomic briar]

I could maybe understand the argument if you are geo-fenced to SF or NYC

[atomic briar]

👍

[obtuse flame]

How can I be happy when I only make 250k

[golden cargo]

this channel has to be the most out of touch with reality

[scenic bison]

average quant enthusiast

[opaque sable]

every time someone says that kinda shit i think this server can't get any more out of touch and every time im proven wrong

[cyan sparrow]

https://tenor.com/view/winslow-odd-fellow-walk-in-walk-out-catdog-gif-8298707

[lost leaf]

true though, that statement is stupid. you can do plenty on faaaaar less and still live well in nyc. its crazy how delusional people are (though he was probably trolling)

i dont get how bad you need to be with money to be struggling on 250k

[floral locust]

Gozer I need to buy a steelcase every week though

[rose holly]

gentrifier activities

[fringe flint]

😦 why so mean

[opaque sable]

40k on doordash 😂

[main oriole]

40k-24k doordash lmao, just learn to cook

[grim swan]

@analog stratus is this all a troll flex? you can easily cut down on rent and doordash

[main oriole]

also if u live in nyc dont need a car

[grim swan]

yeah

yeah im just coming in and i can see that lmao

mans getting sushi hand delivered from a state away lol

[lost leaf]

discord mod training arc

[floral locust]

@atomic quail do you believe in CAPM?

Fu

[lost leaf]

i dont get work hoodies because my company is poor

[floral locust]

Ur merch probably sucks @atomic quail

[lost leaf]

merch game weak

no but i need one

[floral locust]

Aperture would you rather be llqr or button clicker

[lost leaf]

i had a rope outcome and got ghosted by google (another rope company)

[rapid cargo]

i think

this channel needs a break

what is going on

[grim swan]

what is a rope company? what is a rope outcome?

[lost leaf]

everything in this channel is troll, larp or inside jokes

[rapid cargo]

LARP

HAHAHAHAH

[lost leaf]

a rope company is a company that makes rope. a rope outcome is when you get a job at a company that makes rope.

i hope that helps!

[grim swan]

thank you

🪢

[lost leaf]

[grim swan]

where's his drugs and escorts discretionary budget 🤔

smh kids these days arent financially responsible

[lost leaf]

Private school for kids: 50k - -34k
Butler: 70k - -104k
Gambling losses: 600k - -704k

cant live on less than 2 mil a year in nyc

[floral locust]

Gambling is bad

I wouldn’t ever gamble

[lost leaf]

selling math genius child to ccp family: +1500k

et ceteris paribus, vos guys estis infandum, vos es iustus circulus, sciens i'm 90 iubere usque ad 10 sortes quas capis 5 annus ms quia non potuistis bonum amet ante annum vestrum seniorem.

[floral locust]

Wait you guys are getting paid?

[lost leaf]

Rent: 5k/mo
Phone: 70/mo
Food: 13k/mo (doordash)
Poker Losses to devg: 16k/mo (4k/week)
what can i cut down on?

300k for car payments? are you fucking broke?

do quant because you have a burning passion for providing liquidity.

[floral locust]

Or be u and not be able to do either

[lost leaf]

cant even afford 10mil in poker losses to devg on 5mil

how are you gonna live

[floral locust]

I lost a lot in 2022

I work at credit suisse

[lost leaf]

holy fuck that backpack is awful

[floral locust]

I put my life savings in high yield cs bonds

3.2

Bb headline straight trolled

[lost leaf]

we at least get wearable backpacks

thats just awful

[floral locust]

Button guy got fucked

[lost leaf]

why a womens medium? you're a 50 year old 250lb bodybuilder right?

what about olive oil

keep swigging king 👑 paving the way for us other oil chuggers

[fringe flint]

can probably cut down on phone, AT&T has a $40/mo plan for people under 25. besides that yea pretty much screwed if ur broke after this salary

see there are so many ways to cut down phone line but this guy still pays 70 a month

thats why hes broke

[lost leaf]

homeless?

[nocturne estuary]

This man talking to himself

[scenic bison]

💀

[fringe flint]

but u cant blame me for flaming u for that statement

[atomic briar]

what statement? that marginal utility is a real phenomenon?

also even setting aside marginal utility, your comments were completely wrong even from a purely monetary standpoint

but why am I arguing with someone who thinks you can reasonably turn 100k into 1 million in one year

[ionic marlin]

is gts oa auto?

[scenic bison]

ping radix simp 🙏

[short patio]

that's probably like <10 companies lmao

[lost stratus]

I tried asking here before and no one tried to correct me so afaik these all can do atleast 450k for new grad swe

Whalur isnt a thing and whats your source on bw iv never heard bw associated with 400k+ new grad like what does it take for them

[scenic bison]

Me

[short patio]

kek that's 12 and two of them are fucking TGS and vatic

[lost leaf]

ah you forgot The Goldman Sachs

[lost stratus]

Not in a quant channel

[lost leaf]

@rose holly Would you like to work at The Goldman Sachs?

[lost stratus]

Yeah there isnt to many for new grad but with a few yoe the list gets atleast 2x bigger i would assume

[lost stratus]

Context was swe

[lost leaf]

cant even live in nyc on $2 billion a year

[final forge]

few yoe and suddenly there are a bunch of tech firms that pay 400+ lol

[lost stratus]

Context was also Quant

[lost leaf]

what if you lose 2.5 billion gambling

??

[lost stratus]

Meta isnt hiring swe new grad or anything entry level rn

[final forge]

few million rubles

[floral locust]

Vatic and tgs on same footing @rose holly

[short patio]

I'm not saying they're bad, I'm saying nobody gets hired there as ng

[atomic briar]

lmao

[lost stratus]

I think vatic is a bit easier to get noticed than tgs but yeah they dont have much swe in general

[lost leaf]

et ceteris paribus, vos guys estis infandum, vos es iustus circulus, sciens i'm 90 iubere usque ad 10 sortes quas capis 5 annus ms quia non potuistis bonum amet ante annum vestrum seniorem.

[short patio]

if you asked me right now CEO of Citadel + jane street + HRT + president of united states vs Meta L3 I would say meta

[floral locust]

Oh

[lost leaf]

Bro numquam legit librum oeconomicum in vita sua
Composita cura 100k in decies centena milia dollariorum convertet antequam u scis
Tantum collocare in SP500
Si ur captiosus investor u in decies centena millia vertere potest, sed si ur muta u adhuc decies centena millia faciunt

[short patio]

LMAO severance must be nice

pick up a cool 7 figs and dip

[floral locust]

Yea

VATIC HEAD OF ML

[lost leaf]

he was chief scientist at msr

probably got lazy on beaucoup bucks

[floral locust]

I’m just pulling stuff out of my ass

[lost leaf]

very

[floral locust]

I don’t know anything

[lost leaf]

i wouldnt say hes one of the leading experts anymore but what do i know

i dont trust someone who left an actual research institution in 2017 and hasnt had a real pub in like 5 years (LOOOONG time to be away considering 2 year old papers are "outdated") to be a "leading expert" though.

[lost stratus]

Did you go to it

Wdym maybe

[floral locust]

We don’t either

[lost stratus]

Why maybe

What does larping mean

[floral locust]

Both are trad fi lol

[lost stratus]

Does apollo hire quants

Or swe

[uneven bronze]

ft partners SWE 2024 🙏

[lost stratus]

Where did you look ?

Levels?

Time to cold email apollo

[lost leaf]

nasa hoodie and shorts

[lost stratus]

if it were for a dev related role would it matter?

Iv never dressed up for a virtual interview

[short patio]

Doesn't hurt to throw on a button-on

I did a few interviews in a button-on

then later was like fuck it and just wore a tee

are we talking quant firms or more like traditional hedge fund places

I can understand the latter but the former doubtful

it's all engineers

idk wtf that is

apollo management

oh yeah fucking obviously

if you're going ib/pe/vc dress up

[lost stratus]

Ita a non quant firm thats well known aparently

But would a dev team lead care if it was a virtual interview that doesnt really make sense to me if it was never told before by the team lead person

[cyan sparrow]

they do

i search mit incoming js and cant find anything

You are not a real person .

[rose holly]

LeGoat is endorsi?

[reef marsh]

no

[rose holly]

Oh

Endorsi alt got in?

[reef marsh]

legoat is canadian

[rose holly]

Streamed an interview

[cyan sparrow]

no chaewon bein racist

he thinks all legoat enjoyers are the same

[rose holly]

Oh

[short patio]

linkedin is for flexing, sometimes networking, and to jerk yourself off on the timeline

I do find it useful to find jobs tho

who is this endorsi kid

enlighten me on the lore

@rose holly does domeyard exist anymore or? their website hasn't been updated, they got dead links on there

[rain quiver]

Alternative investment firms do not typically recruit new grads.

[barren steeple]

u have one right?

p sure im connrected with u

[lost stratus]

What does alternate investment mean?

[lost leaf]

i think im connected with u too

[short patio]

I mean I know that but surely firm didn't collapse

her reddit is interesting

[quasi orbit]

I’m also connected to a Ricky on LinkedIn

[cyan sparrow]

Not a kid

One of the most intelligent ppl to ever grace this discord

Respect him please .

[grizzled osprey]

man livestreamed a cisco meraki interview on twitch

[twin cloud]

https://tenor.com/view/kazuha-jime-kazuha-kazuha-lesserafim-gif-26424443

[broken thorn]

why do people like chaewon? is she a good singer?

or perhaps goo dsense of humor

[rose holly]

Because she is good looking

Ain’t no one caring about her singing

[rose holly]

Chaewon is the quant girl

[broken thorn]

one of the more clouted members of this sub sub sub community seems to like chaewon a lot

[rose holly]

just learned my prof im doing research for worked at 2s last year

[lost stratus]

seems they do, found another

[broken thorn]

cool

maybe you can inverse his career path 😂

[short patio]

trader or swe, and what's on it? math?

time to hit up whatever is the qr equivalent of leetcode

zetamac for math, no?

[broken thorn]

green book

zetamac is mental math

true

[clever bridge]

what level of mental math do quant firms look for?

[cyan sparrow]

zetamac lowkey easier than oa since simple numbers and no fractions, decimals, sequences etc

[broken thorn]

thats not why

its easier because u dont have to navigate a shitty software to get to the next question

i fucking hate akunas oa so much

[rose holly]

quant prep takes be back to 2nd grade fr fr

[short patio]

u finna get this offer big man

some interns don't have discord (good for them)

plenty of my friends are cracked as shit and aren't in these discords, I think as long as you have a group of like-minded people who are in the loop it doesn't matter where you find your community

[lost leaf]

im right here

[short patio]

like who needs discord if you go to MIT and all your friends are quants right

[lost leaf]

[barren steeple]

i dont have a linkeidn

[scenic bison]

W logic

[pearl spade]

only inmails i get are from indian people inviting me to apply for indian companies but i dont have a visa to work in india even tho i look like im from the motherland

[full ridge]

they booked you a flight within a week? I thought on site is in person

for js

[lost stratus]

Are there any WITCH level companies that hire quants?

[short patio]

Really? I figured everything would go virtual after covid

[lost stratus]

Wdym normal?

Like wells fargo or something?

Oh i thougjt jpmc/goldman/morgan stanley is good theyre just sell side

But ig yeah maybe citi and wells fargo but i wouldnt know

A headhunter asked if im interested in a wells fargo qd role but havnt heard back

Oops yeah edited

[short patio]

Oh did you interview there for qt? Low key sick they fly you out

[lost stratus]

Also aqr is founded by ex goldman i think

[floral locust]

Oh that’s a super nice hotel

[full ridge]

oh really

[full ridge]

thats disappointing

[runic grotto]

Your prof seems like a nice guy

[broken thorn]

literally sounds like chatgpt, this man is too wholesome we have to protect him at all costs

[rose holly]

Never met the prof before but getting coffee with him on Thursday

[broken thorn]

anyone notice how mcdonalds app deals got worse when the economy got bad

[full ridge]

maybe that means they are interviewing tons of people

i think they used to fly out swes

[fast gazelle]

why would they fly out peasant SWEs if they don’t have to

[short patio]

true, they need to seduce qt

they know swe will beg to work at js

[lost stratus]

How did jane street become better than sig?

Since they were started by ex sig

[short patio]

tenure != quality

is IBM better than google because they're older?

[broken thorn]

ocaml

guarantees they hire the most pretentious talent

[short patio]

they actually asked me to leetcode in brainfuck

[lost stratus]

Do you have a better quant example

Since ibm and google dont rly do much similar stuff

[short patio]

I mean even in quant I don't think longevity = quality

I think it has barely anything to do with the fact that they're ex sig

they just built a good company ground up

[lost stratus]

Yeah im asking what specifically was that they improved on

[short patio]

I mean JS does MM right

SIG is trading, more options

[lost stratus]

Hm i would think theres some general ways they operate tbat people would know

Nvm ig

[short patio]

@ember lava yes, it's for a year (or 6 months? idk) for intern and who fucking knows for ng

[runic grotto]

What's a year for interns

[short patio]

cooldown/blacklist before interview

[runic grotto]

For which firm?

[broken thorn]

if i made my living using a functional programming language my ego would be sent to the moon

[floral locust]

Options is also mm lol

[short patio]

less systematic and more positional right

JS trades an absurd volume

[broken thorn]

its always the anime pfps that gap my entire bloodline FFS

[rose holly]

• the kpop obsessed

[floral locust]

They have like almost identical trading philosophies

Just diff products

[ember night]

is it possible to get quant interviews if you go to a mid (Wayfair) company

is it worth doing an 1 year ms at my uni to get some quant interviews

Is the dream over? 😔

[pearl spade]

yea

wayfair into big tech/unicorn into quant interviews

ur on track

[ember night]

Let’s fucking go

[sour python]

how do you know when a model is over fit

[broken thorn]

it be accurate on training data but not on testing data

[twin cloud]

https://vm.tiktok.com/ZMYxpR8y2/

[short patio]

yeah halfsies or slightly higher, certainly not above 75%

[short patio]

similar -- internship is just extended interview / vet

[strange breach]

Has anyone applied to Jane Street SEE or IN FOCUS programs before? Do they have OAs/interviews after the resume screen? I’ve heard that there could possibly be a puzzle or coding challenge

I applied to the SWE track

[strange breach]

oh ok, tyty

[long raft]

Maybe this helps

https://www.levels.fyi/companies/pdt-partners/salaries/software-engineer

For me too.

Pdt is nyc based so the base Range will be Posted on the Website

[long raft]

And is it close to what you can see on Levels?

Oh I thought NG.

[broken thorn]

5 yar masters in a different subject

"oh you like math? i mastered that shit back in 06"

me do in pysics or maybe linguistics

linguistics is so cool

ee also cool but u have to use Jimaginary number

[shadow estuary]

Doomed

I saw a mf get a 200k citadel offer

new grad

we better all learn how to trade bros

america but i think it was a unique case lol

dont think its common

was like nxt + they knew he didnt have other offers

[runic grotto]

How did they know that he didn’t have other offers

[shadow estuary]

im not joking lol

lemme see if i can find it

[broken thorn]

would be hilarious though

one guy publicly gets 50% pay

[shadow estuary]

maybe yeah

what if just trust fund, bitcoin, oil prince husband

no shot u can theorize 500k tc from a house

i think recruiting is a fairly chill job anywhere

and a lotta rich people like to larp as wagies

some people just like to work

[runic grotto]

Kinda fun ngl

[scenic bison]

45856

[broken thorn]

hold on let me pull up my 1729 dimensional FFT abacus

i can do this in nlogn time

[raw glen]

BRO 💀

[cyan sparrow]

accidental ramunajan number reference?

TRAD FI SOLOS

[broken thorn]

shonhage strassen reference

also 12^3+1

[cyan sparrow]

Akuna's game was terrible

[long raft]

I don’t think they will Tell everyone

[smoky gulch]

monad labs

😭

[quasi orbit]

ur a gonad

[shadow estuary]

this is quite literally the most based linkedin profile

https://www.linkedin.com/in/dave-mckay-4189071/

ur lil quants dont compare

co-op to ceo

[runic grotto]

wecu quarter life crisis

[civic raptor]

bruh what r yall gonna spend ur money on

a new gaming pc?

[runic grotto]

Isn't this the mode and not necessarily representative of the majority

[cyan sparrow]

Nah LMAO

Co-op to CEO pipeline

harvard ppl take mck over google

[rose holly]

Is McDonald’s Quant good?

[rain quiver]

Private Equity

[runic grotto]

https://tenor.com/view/rock-one-eyebrow-raised-rock-staring-the-rock-gif-22113367

I second shard’s point

Wtf wecu

[shadow estuary]

bro u gotta know like l4 is terminal

most people dont even become l5

dreaming of principal

if it wasnt u youd be on ur way to pe making 3mil by 30

unlucky

gg

[quasi orbit]

two sigma doesnt do offseason right

[shadow estuary]

pacer test score?

ngmi

ok

its winnable

[floral locust]

Probably not enforceable if they don’t pay u for nc period rigjt?

[lost stratus]

Theres some people who spent 60 hours a week in this channel/server tho, they probably don't have a problem with it

[floral locust]

@rose holly

[dark zephyr]

Is it a realistic goal?

[lost stratus]

TBO did dropbox -> cit -> jump-> js

[dark zephyr]

damn dropbox to citadel goes hard

what schools were they from?

also would qualing for USAMO (from 9th grade so 4 years ago) help by any significant margin or is it not that important?

[floral locust]

Dropbox is good lol

[dark zephyr]

were they from a top school?

😭 it was 4 years ago

and i feel like i've become dumber compared to then

[royal forge]

lol

(yes)

[gusty sigil]

Might as well put it on the resume 🤷‍♂️

[pearl spade]

add another internship and ur set

[runic grotto]

If you go to in focus I think ur set

[dark zephyr]

damn you got into js though?

that's crazy though congrats

same rip

i didn't do shit after qualing for USAMO

[runic grotto]

I thought Usamo was good enough for at least Berk/cmu

[dark zephyr]

sad

[runic grotto]

at a fundamental level you should retain your problem solving skills

So you're still in a good spot

[dark zephyr]

for maxing AMC 12? i studied like a year ish

oh i see

[dark zephyr]

i think i can retain my problem solving skills in a few weeks or a month if i just cut out all the bad habits and study more

i felt small looking at people doing USACO

i wish i'd done that instead

because it's like more useful for CS

[runic grotto]

I had the exact opposite, my close friend just chilled all day and made it

I knew math wasn't for me after that

[dark zephyr]

tbh all the olympiads other than USACO i feel like were "useless"

[runic grotto]

What's useso

I never heard of that before

[dark zephyr]

honestly all the time i put into USAMO prep, i wish i'd learned like full stack web dev during that time and got internships or something or at least done USACO instead

but whatever time has past

what did you do to prep?

for SWE i found they don't ask brain teasers or math or anything

but i'm thinking it still has to be harder than faang interviews

no but what about for SWE at JS/2sigma/etc.

like how do i prep for that?

neither do i 🥴

[rose holly]

https://tenor.com/view/patrick-bateman-stare-card-scene-going-insane-american-psycho-gif-26261029

[dark zephyr]

will being good at OCaml help at jane street?

like if i do the interview in ocaml?

i can code in ocaml lol

oh alright

wait how?

oh damn

[cyan sparrow]

Same w C++ sometimes

[dark zephyr]

so i'll just stick to python then

same for me with math haha

[cyan sparrow]

same

[dark zephyr]

it's kinda sad how easy it is to lose problem solving skills or to forget stuff

[cyan sparrow]

[dark zephyr]

there aren't any girls in discord

[runic grotto]

[dark zephyr]

would you say IMC trading competitions and numerai could help?

[broken thorn]

u can relearn quick if u need to tho

relearning skills i fofrget is super fast for me

[dark zephyr]

that's true

[twin cloud]

https://tenor.com/view/le-sserafim-kazuha-kazuha-react-kazuha-reaction-le-sserafim-kazuha-gif-25630848

[twin cloud]

https://tenor.com/view/itgorls-sakura-kkura-izone-lesserafim-gif-25769846

https://tenor.com/view/wonyoung-strawverry-izone-wonyoung-cute-wonyohng-itgorls-sheskoolio-gif-25373763

[cyan sparrow]

she looking right at me

[fast gazelle]

https://tenor.com/view/foss-no-bitches-no-hoes-0bitches-no-gif-24529727

[barren steeple]

shes mid

[lost stratus]

So i found this on linkedin, iv seen a few others from Accenture switch to quant firms too but maybe its accenture only since theyre more kinda finncial oriented compared to the other witch companies

[ember night]

Goldman isn’t quant

[gusty sigil]

They probably switched from Goldman to a quant firm

[rose holly]

Man’s still goin for quant

No, give up

[short sphinx]

Petition to change channel name to quants-kpop-n-traders

[lost stratus]

Its sell side quant

[lost stratus]

does goldman's sales and trading org hire quants

[cyan sparrow]

I work at a sell side and they hire quants, low latency eng etc but comp is way behind the firms we talk abt in here

[lost stratus]

what if its an swe role on an etrading team for example, that usually does similar work to swe at like cit/js right?

have they tried switching teams?

i want to be swe @ quant

that is a big potential factor yes

tech isnt doing so well rn too

i also don't like tech as much

at entry level yeah it might not make to much of a difference but it seems quant firms are more merit based than tech is

my personal opinion is that a high performing swe @ a quant firm, especially a systematic one can transition to a qr type role and make a lot more

the tech impact thing doesnt really make sense to me so for the time being i don't prefer it

what no like 1m+ after some amount of years

i agree but thats still worth it

this

no where so far

probs should have extended and gotten an internship :/

i only got some interviews from random small quant firms from cold emailing, alot rejected after first round interviews saying they wanted someone with more quant firm exp, some I got rejected for no reason that I am aware of after final

idk of any that are hiring

besides like palantir which resume rejected me

o ya sure

[hexed swan]

Is citadel oa auto for swe

Any idea about the oa like how many questions in the hacker rank and difficulty

[ember night]

what do they expect in the resume screen?

faang over before it began

[neat junco]

i got interview with three internships, gpa 3.7

[ember night]

I do go to a target (I think)

[neat junco]

but they literally full now

i doubt they gonna take more folks for summer/fall

[ember night]

they are full for fall?

[neat junco]

yeah

the recruiter said vey limited spots left a while ago

even before i interviewed

[hexed swan]

This is for summer at citadel right

[neat junco]

both summer and fall

they don't distinguish season

that's the same app

6 months for the same role i think

[hexed swan]

no point in completing the oa right, because I can only do summer

[neat junco]

yeah

practice opportunity

always take it

[hexed swan]

Def, their internship is language independent

For interview, is it same for ng role

Like is it only in c++ or can be any language

[runic grotto]

Yeah but what if family time for him is greater than anything else

c1 salary is decent to live on

For there

Ok I did skip past this part, yeah 2S easily

[neat junco]

not 250 base i think their standard offer is 170k base

[obtuse flame]

It’s clown behavior to take c1 if his concern is to save more money

[lost stratus]

https://www.linkedin.com/in/cliff-asness/

why does he only have 1 connection

[long raft]

Hahaha i think He has better things to do 😂

[gentle meadow]

2s for a few yrs then dip to c1 if I wanna chill

Also 2s is team dependent on wlb

I have friend who working 60 hrs per week while another friend is doing 30-40 hrs

at 2sig

[neat junco]

wait is it for sde ng?

i mean it's impossible for sde ng at 2s

they froze hiring for quite a while

[rose holly]

No

[neat junco]

How long is gts typical turnaround time after interviews

[lost stratus]

I interviewed for ft and it was usually less than a week

They have alot of specific roles, i saw one for cpp,java,python each, so its dependent on that ig

But for the java one my interviewer was asking me about how java garbage collection worked and asked me to verbally talk through how some code he described would run in every iteration/line taking into account threads and gc

idk you could just say you arn't familiar with how the lower level features are implemented in the language but that usually only works for firms like citadel

only if theyre looking for someone with that specific set of knolwedge i guess

[lost stratus]

not at citadel

there are people at citadel who also get asked pure lc

so sometimes they understand if you don't know something

what is stack ranking

idt people are compared against eachother after interviews

a citadel offer is a citadel offer ¯_(ツ)_/¯

im not a picky person when it comes to citadel and quant

[rose holly]

Radix simp has a 0.01% of passing a quant interview

[lost stratus]

not being able to do basic lc type problems is different but not knowing random language trivia is fine iswhat i meant for a citadel interview

[neat junco]

Some interview questions are designed to gauge your depth of knowledge in different areas

Saying not too familiar is fine

As long as you have smth solid to establish during the conversation

Especially for c++ language trivia

No one expects you to know everything in cpp official guide

[lost leaf]

in my frobenius capital interview i said i didnt know how to write c++ and they still gave me an offer because i was able to solve the LC medium

in my favorite language (APL)

[floral locust]

Mean reversion

Is this yours?

Ok

[broken thorn]

calling it a lc easy is very generous

[lost stratus]

Is cisco swe -> js/radix doable?

I meant for ft

This only happens with target school people

[lost stratus]

P sure target school kids get easier interviews too, but what did you mean

[brisk stream]

generally correct

[deep cargo]

thats a thing?

[tulip sapphire]

i think interviews are often a vibe check

ive gotten easy interviews consistently since my resume shows i have prior experience doing the job

if you dont come from a well-reputeted school or they dont like your resume then some firms may ask harder questions to make sure they are getting competent people

[long raft]

Fun fact: there is no clear answer to this. Depends on the garbage collector you use 🤔

[rose holly]

it’s all conjecture

[final forge]

only need 6900 attempts for a ~50% chance of passing an interview, nice

[remote trellis]

I did google step and got interviews at HRT and DE Shaw, bombed both tho

I don't go to a target school

[lost stratus]

I have passed an interview at a quant firm before

Just not enough to get through a full process i guess? Rng²

[cerulean elm]

If you're strong at probability theory and leetcode I genuinely think only D.E Shaw has a very difficult interview process

Fluency in calculus and linear algebra assumed

[cerulean elm]

Quantitative analyst / Quantitative trading

They don't even ask the math part for software engineers

Yeah, D.E Shaw's interview process was messed up

I do not know how you crack it without being an IMO medallist

Their stats was ok, their leetcode was eh ish, but the pure math questions were nuts

Was it for quant researcher?

Damn

They roasted me R1

Lel

Made me sign an NDA too

I didn't do any of that just accepted an offer as a quant at an asset management place instead 😎

No top trading paydays for me

Mfw sub 6 figure comp

Why even live

SIG?

Are you a student still

Or are you new grad

major?

Oh

Is it that specific haha

I thought maybe you'd be a fellow math cs chad

never did em

I miss when I just cared about video game and porn tbh

All this quant finance software engineering math cs finance modelling career leetcode bs

Really gets at you

I have not had a break longer than a week since 2019

Life of non targets 😭

[broken thorn]

brhhun you will give your deepest darkest secrets or refuse to identify the continent u are from dpeending on the day

[cerulean elm]

[rose holly]

Yes I meant the full process. And yes for you it’s RNG with a 0.01% chance of passing

[neat junco]

i mean passing a quant interview is not that bad

but getting an offer especially in this hard time is cracked

🥲

after the final there are always tons of offer approval/HC evaluation/ref check etc.

[short patio]

do they call up your prev employers? or like what if I'm on bad terms with my previous companies lmfao

[neat junco]

it depends on firms

[short patio]

I've heard HRT does in depth

[neat junco]

yeah and some positions at desco

there's too mch RNG involved

much*

and for this year HC is the major bottleneck tbh

[short patio]

less HC than normal you mean?

oh well

RNG is part of the interview process anywhere

just gotta pray

[neat junco]

yeah

much less HC

[short patio]

quant firms not growing as much this year? seems like if markets have settled back to normal then probably also not hiring much next year

[neat junco]

i think there's less liquidity now

[short patio]

thx fed

• no more volatility from covid

[neat junco]

yeah especially this year i went through process with many quant places

and they seem more selective than normal about whom to send offer

[clever bridge]

dear quanties, how u guys memorize so much math proofs and definitions pls i need help ty for advice

@short patio this for my crypto course i'm dying with all the defn's i need to memorize

and also for my MMDS and algos for big data class it's literally all math and prof wants us to memorize all of it and know all of probability by heart

no cheatsheet no formula sheet nothing

[weary path]

what proofs are you memorising 😂

is this (measure theoretic) probability theory? if yes then its gg if not i think most can be derived immediately (maybe memorise fundamental and important things like jensen)

this was the worst proof to memorise, i just prayed it would not come

worth for what?

i mean its very interesting and very much fundamental to some nice courses. Idk how much you like math but if you are on the fence and already did measure theory then i think its def worth trying

apart from proofs no

measure theory is quite chill imo and an easy self-study

and also quite cool knowing about non-meas sets

oh wait holdup it does help knowing PT, you will learn about some cool tools to get asymptotic results

like almost sure convergence etc. Those i find quite vital. (can also be studied without any probability theory)

[long raft]

At my University there was last Fall a a Talk from Amazon researchers and they told they like People from academia But also Love to see People from other industry join their Research group. They even casually bragged one of Jane street joined them. (Don’t know if it’s really true)

I mean they still are technically doing SWE stuff. Like Implemting the computer aided verification algorithms, doing Prototypes

So it’s Not hardcore swe but still Research + swe

https://reports.imc.com/imc_annual-report-2022/page/5

[broken thorn]

crt is based

oh misread it as something else

idk chinese remainder theorem

i thought u either meant cathode ray tube or critical race theory

both of those are based

[last herald]

they don't publish remuneration numbers anymore 😭

[twin cloud]

https://tenor.com/view/kazuha-lesserafim-futureofrep-kpop-stan-twitter-gif-26287054

[cyan sparrow]

Regression

[neat junco]

HRT as algo dev right?

They did not ask any regression for me

A mixture of probability, stats and coding

[cyan sparrow]

Oh I meant for QR

Idk hrt

[neat junco]

Afaik hrt qr=algo dev

QD = algo eng

Sde= core

[cyan sparrow]

My friend did hrt algo dev and was asked lin regression

Prob varies

[neat junco]

Yeah makes sense

Their final rounds had ml tho

So might be regression

I was asked neural networks stuff

[cyan sparrow]

basically this:

• a first course in linalg, prob, stats
• some extra topics in stats (regression algorithm alterations using regularization)
• important to have practical experience in analyse data (for the QR places I was always asked to do a practical data analysis task, normally they give you some dataset and make you run pandas commands)
  if you aren't doing a maths undergrad it's hard to fill in all the gaps yourself.

I AM NOT BRITISH

[obtuse flame]

Amazon > JS

[runic grotto]

From K-pop idols to 💀💀💀💀

[rose holly]

https://media.discordapp.net/attachments/1030602183336534076/1088328644021211187/tenor4.gif

[rose holly]

Is LeGoat actually endorsi 😹

I thought it was rxcky

[smoky gulch]

they’re all endorsi

he has multiple personalities

[cyan sparrow]

Shrxy is the real endorsi clone

[barren steeple]

shrxry is fat

[cyan sparrow]

ur ngmi

[smoky gulch]

wait are you Erin

[lost leaf]

its doomed