#quants-n-traders

1 messages · Page 68 of 1

zenith whale
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u eat what u kill

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so naturally ur gonna be working a lot

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the hours stuff is just new grad talk

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idk

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i persoanlly think

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if u want to chase tails there are better ways to do it

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if u want a high median then u should think about what that really means

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because if this median involves anything with lifestyle, tech is superior

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where

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the new pms are given a very short leash from what i know

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theyre usualyl just above average quants who want to chase the tail outcome

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but successful pm is very hard

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and u need to build a team and everything

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tails are like 50m+ prob

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safely out of job range

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median is idk like 1m-2m

fresh swallow
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They will be behind for the first 5 or so years

honest oriole
zenith whale
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yea

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thats the industry as a whole lol

fresh swallow
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After that, the IB->PE->wherever path is gonna outpace anything else

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Probably not

zenith whale
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seems fine but youll be downleveled in tech

fresh swallow
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Most of the problems you solve as a SWE in trading are far removed from the type of problems they face in tech

zenith whale
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i mean look at the end of the day its a job

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if ur not chasing tails

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and are reasonably intelligent

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quant vs tech will make little difference

fresh swallow
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Just apply to tech and trading

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Whichever job you get that’s the best then take it

zenith whale
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yeah youd roll startups

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ur not hitting 50m working for someone period

fresh swallow
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wtf you need 50m dollars for bruh

zenith whale
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nope

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even further off

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lol 50m to fire

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wtf

fresh swallow
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The type of person to get 50m has no interest in retiring

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Ever

zenith whale
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yeah

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??

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what is bro cooking

lethal apex
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at 50 mill you senior partner at top firm with an amazing year no?

fresh swallow
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At 50 mil you were born 10 years ago

zenith whale
lethal apex
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Stars gotta align

zenith whale
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50m is more like

fresh swallow
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Or more

zenith whale
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joined hft early as a partner

lethal apex
zenith whale
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and then printed in 10 years

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yes

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ur like 4 years late

fresh swallow
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What’s your masters in

lethal apex
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Nah doesn’t matter

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it’s p much over for pe

fresh swallow
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If he is going to a top school and has connections there’s a chance

zenith whale
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no

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theres 0 chance

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like unless hes the son of a partner or smth

fresh swallow
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The majority of my friend group went IB->PE lol

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Have talked to them about this

zenith whale
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yeah but they werent masters students with 0 finance experience

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like theres 0 world

fresh swallow
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Ion know bruh my buddy said if I wanted to switch to IB he could get me an interview

zenith whale
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yea true

zenith whale
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big doubt

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unless ur like a sophomore

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and ur buddy is 40

lethal apex
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are you mfin

zenith whale
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mscs he said

lethal apex
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mfin for ib pe

zenith whale
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mfin works if ur the top student in ur cohort, and if u did ur undergrad in a different country

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otherwise its an entirely negative signal

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no lol

lethal apex
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outside of top 5 mfin then yes

zenith whale
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mfins mostly end up sell side

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by sell side i mean like

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banks

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not market makers

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mfin mfe all mean the same thing for the sake of this convo

lethal apex
zenith whale
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baruch pton cmu are fine

zenith whale
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i thought u were kidding

lethal apex
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but you are correct about quant

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Ofc mfin basically useless

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nah we p much in agreement

thin quest
zenith whale
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just ask here

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i have weird opinions

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so good to regularize with groupthink

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i also quit working as a qr so take whatever i say with a grain of salt

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bored, school

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if u have 0 background u are probably cooked im afraid

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unless u have very good intuition

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ok well i guess we should clarify

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what almost 0 means here

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like ap stats level knowledge? or undergrad lvl knowledge

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oh ok

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yeah probably hard unless u want to self study

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its probably not worth ur while

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maybe apply to some qd

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if u have a cs background

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qt is a lot of intuition tbh

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but u still need to know stats

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qr is advertised as a research role so u need some spike somewhere

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its hard to get away without knowing stats for either role

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its easier to learn the cpp than it is to learn the math and stats

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just apply anyway, worst they can do is reject

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when do u graduate

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yeah so the shots u have/dont have dont matter right

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if u dont take them u wont get to use them

fresh swallow
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Ok yeah you’re cooked on that route

fresh swallow
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Unless it’s like UT/Umich/GT prolly not

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Most dev roles that are more quant focused are Python I think 🤔

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Cpp is more likely to be Core

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Negative

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Core is farther from the money and therefore your pay is a little less

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Not that there aren’t high paying cpp roles which are closer to strategy work ofc, absolutely are

cursive granite
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anyone got sig oa ?

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trader intern?

near nymph
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?? they’re still hiring for summer?? or is this dd

cursive granite
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new role

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just applied

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last week

near nymph
lethal apex
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always funny when people can’t use google but they can code anything in C++

low vault
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coding is easier once ur used to it

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i find coding easier than writing tbh

near nymph
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ok my bad

near nymph
lethal apex
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Recruitment is always a mess for p much every firm, always made as an afterthought

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Exception maybe js

near nymph
hazy hawk
stone vector
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is your statement not an absolute statement?

brisk ingot
stone vector
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saying something is stupid doesn't make the person who's saying that something stupid

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arbitraging

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i arbitrage with my insider trading information

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that's the ultimate form of arbitraging you normies will never be able to beat

dire finch
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tier: companies with job

fresh swallow
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Tier in what sense

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PnL? Comp? Culture?

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For SWE? QR? QT?

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Any actual valuable tier list will vary depending on the answers to these and no one without a good amount of yoe and friends in the industry is gonna know

gusty vector
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just spent 15 min on a low iq bug on my SIG OA

lethal apex
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Ironically asking for just a general tier list with no metric is the most jobless thing I’ve seen today

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This one is pretty good

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this not big tech high chance you’ll get maybe 1-2 offers, way less if qt/qr

restive berry
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Has anyone done IMC Quant Researcher Ng OA ?

dire arrow
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what level of math needed for js phone? reffering to like mathematical knowledge vs j like problem solving / intuition

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id assume I could get by with j basic EV/var and maybe some calculus formulas right

dire arrow
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im j prepping for next cycle lol

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how do the multiple rounds differ?

proud belfry
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Hey, does anyone know what kind of questions there are in the SIG OA for quant trader intern?

hardy marsh
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I have a question, when do big banks -- like morgan stanley, jp, etc. -- post quant research positions. I have genuinely never seen one posted.

hardy marsh
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hmm is that it wow.

lethal apex
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At some point between 50 years ago and today, there has been at least one job posting from barclays

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hope this helps

hardy marsh
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when was it posted 😭

hardy marsh
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and is it a summer internship role?

gentle torrent
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anyone interviewed or did citadel nxt? I have first round tomorrow, would appreciate any guidance

hardy marsh
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for barclays?? ig they took it down

hardy marsh
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gotcha

kindred mortar
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Anyone with the tqd server link ?

untold prawn
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are u level 1 or 2 rn?

dire finch
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col and tax adjusted you really can't beat 350k

untold prawn
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yeah i agree for the most part

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yeah ur not gonna make more at a t2 shop

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especially taking into account COL

dire finch
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no t2 firm has same qol as 450+ recurring in bumfuck idaho (goblin 90%+ paycheck)

untold prawn
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^^

dire finch
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actually i think idaho has income tax

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uhhh

untold prawn
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i mean if u want to live in a shoebox and eat dollar pizza then yeah maybe you'd net more

dire finch
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ya net will be lower even if your tc is 500k cuz of taxes and misc costs

untold prawn
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but u could just do that where u live rn and net even more

dire finch
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you should probably run a quick google sheet and see how it translates

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like going into nyc is hemorrhaging 10% to nyc tax

untold prawn
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new jersey commute to nyc is so ass

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i mean if u literally do not care at all ab ur qol then maybe u could be better off

dire finch
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not even qol you'll prob just end up saving less cuz of col

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even with tc jump

untold prawn
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u also lose money bc of nyc tax

dire finch
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add another 30k for income taxes, add another 10k on col adjustment, add another 10k for your own overspending in nyc etc

lucid cloak
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where u do work my guy

dire finch
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new jersey has graduated state income tax up to 10.75%

untold prawn
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you'll make 450k in 2 years where u are anyways tho

dire finch
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so you'll probably lose ~7% combined on top

untold prawn
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yeah on 450k in nyc you're losing like 25k on tax alone, then let's say 25k for rent, then maybe 10k for other col differences like groceries/eating out/etc.

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and on top of that you'll live in a shoebox

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unless u genuinely don't care ab commuting for 4 hours a day and living in the trap

dire finch
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it'll be hard to match 450k from anything that's not t1 or boutique

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unless you're low latency or something then hrt will hook you over

untold prawn
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do u work remotely rn or have some crazy stock appreciation? how are u making 350k in LCOL?

dire finch
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yeah if i were you i'd be permanently nomading around the world with fake residence in LCOL / low income tax lol

untold prawn
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same lol

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i feel like even w/ a t1 shop it's not an easy decision since ur full remote

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plenty of trading shops are not stable

dire finch
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lol akuna

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swe is cost center in finance industry so they'll fire them first

untold prawn
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yeah ur job is not rlly safe unless ur at rentech or tgs or smth

dire finch
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hmm what's a high tc tech job with stock currently in the hole

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prob pinterest aiml or something

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350k with 1.5 yoe is some applied science role most likely

lucid cloak
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Fr

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Where does bro work

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Gotta be like airbnb or smth

dire finch
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o could be airbnb ya

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stock has been flat for the last 5 years

red edge
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Does optiver always schedule behavioral first after passing oa?

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After doing oa, I got an invitational for technical directly

dire finch
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usually just recruiter call not with hiring manager

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i stand corrected

red edge
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Though I did apply for swe first in the summer and failed

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At the behavioral

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So maybe I passed the cultural fit, etc part in the summer, but failed like swe capability/experience, so they carried over the passing part to skip the behavioral now?

dire arrow
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would zon ai/ml sde or plaid ml adjacent team be better ev for future qt recruiting

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plaid is finance context but zon bigger name

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so idk

dire finch
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qt doesn't really care

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maybe for qr

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in which case it still doesn't matter which one you pick

stone vector
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but don't take my words with no weight

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loo

lethal apex
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Cat be yapping sometimes

fresh swallow
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Are you calling Rentech a shitter firm

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350k in LCOL with 1.5 yoe and wanting to leave is insane

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Comp growth is worse in trading than tech

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Let’s trade jobs tho

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Any firm making enough money to pay some 1.5 yoe personally from tech 430k is by definition not a “shitter shop”

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This a contender for most delusional people I’ve seen on this server which is really saying something

lucid cloak
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Need to know where bro works

stone vector
kindred mortar
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Hold on your job as much as you can lol

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You are not getting a comparable pay anywhere else with remote too in this market

dire arrow
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just drop 20k a year in shitcoins

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u can afford it

mild wigeon
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enjoy the comp before o3 replace all swe

untold prawn
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bros lost in the sauce

lethal apex
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Based

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People be yapping about rentech

dire finch
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tgs shitter firm...

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enlightened

lethal apex
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I’m a d1 rentech hater

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Everyone glazes tf out of it without evidence of its crazy returns

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They start bragging about using “basic regression” to get 50% return or smthg

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then get caught dodging billions in taxes

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acc nah don’t even get me started

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Long story short rentech is a bed time story for shitty traders

dire finch
lethal apex
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ong lemme dodge taxes rn I’ll create a fund that does 80% after fees

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Day ruined tbh why’d ya’ll even bring up rentech

dire finch
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hes larping

fresh swallow
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You’re 1.5 yoe bruh what kinda growth you expecting

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What firm

lethal apex
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Ignore all these folks and quit rn

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they are all cooked anyway

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💀 im dead

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yea lowk you could pull off 500k

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in nyc

raven aurora
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h

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i

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....

lethal apex
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me personally I’m not satisfied until I get a million dollar bonus

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I want my tax to be some L6’s paycheck

odd spear
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Ur friend must be incredibly smart and hardworking…

lethal apex
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cooked

image.png
dire finch
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staff 300...

lethal apex
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@lunar thicket catch me doing asic design with 15 YOE for 300k and promise you'll kill me

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and for qualcomm too wtf

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what's crazy is that staff easily makes 10 million dollar decisions per month

lethal apex
dire finch
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o the senior 15 yr guy didnt list stock

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hes trolling

lethal apex
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lmao you think his stock is like

dire finch
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there's still hope

lethal apex
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2 milli

dire finch
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lower bound 700 easy

lethal apex
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qualcomm 7 yoe 300k so

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15 yoe maybe 700 you right

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of just stock

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even 7 yoe is crazy no

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why's engineering so underappreciated

dire finch
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ya starvation wage

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profit margin game... orz

lethal apex
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nahhh I'm good we not taking anything below 500k ng

dire finch
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i believe

lethal apex
dire finch
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lol huh

lethal apex
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guys he's incoming trading operations intern

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he will be cleaning all of our monitors 🙏

dire finch
fresh swallow
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Inshallah I will get a raise next year and make over 250k with 2.5 yoe

lethal apex
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told every hinge match I'm incoming quant

dire finch
lethal apex
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lmfaoo squid games but it's just working at amazon

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last one gets to work 80/hr work weeks at blue origin

fresh swallow
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Seems reasonable enough to me

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Negatory

lethal apex
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big ups, why'd you get fired

fresh swallow
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Didn’t

lethal apex
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forgot laid off is considered diff

fresh swallow
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I worked on features for systematic quants and they were bots

dire finch
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checks out, i see 250-300 for 2 yoe at tower

lethal apex
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that's just base tho right

fresh swallow
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Our click traders were the only ones who made money at my last job

lethal apex
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dawg? just come to faang

fresh swallow
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So they didn’t need me

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Same shit

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C++ swe

dire finch
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orz winforms

lethal apex
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I'm not even trying to be rude king you could prob rise p fast at zon or meta

fresh swallow
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Don’t remind me

dire finch
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even zon comp growth probably better

zenith whale
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250k as qd at tower? wtf lol

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are u in india or smth

fresh swallow
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Of the fact I took my shit ass first job over zon

lethal apex
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yooo chill

dire finch
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yooo chill

zenith whale
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nah legit q

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tower has indian office

lethal apex
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nahh dawg that's a human being relax

zenith whale
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and its actually quite big

lethal apex
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that's how I know this dude went to stanny he don't gaf 😂

fresh swallow
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Lol

zenith whale
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idk bro u tell me u worked there

lethal apex
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there's LCOL and then there's india

fresh swallow
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I’m not a quant

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Been told yall

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Just a core dev

lethal apex
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Deshaw india has aura

zenith whale
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250 for dev is still lowball lol

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thats way under market

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assuming in us

fresh swallow
zenith whale
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ah ok makes sense

fresh swallow
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My market was zero dollars

lethal apex
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nah head up king you should ask for a raise or quit tmr

dire finch
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india spread orz

fresh swallow
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Those were my only offers

lethal apex
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wouldn't live in philly for less than 2.8 mill

dire finch
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sig swe is oblock i heard

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also its not philly its bala shitwyn

fresh swallow
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They said YOU MUST BE AT YOUR DESK 8-5

zenith whale
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i thought tower would be one of the better places to be a dev

fresh swallow
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NO LUNCH

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(SIG)

lethal apex
dire finch
zenith whale
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idk abt that one

lethal apex
fresh swallow
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Chill hours, good coworkers, 25 days of PTO

zenith whale
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sig qt is a bit scary

dire finch
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sig qt is fine if you're poker rotted

lethal apex
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you order duh

fresh swallow
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They have a cafeteria

dire finch
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my orz friend was there last summer

lethal apex
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trading operations interns like wikiPika get you lunch

fresh swallow
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There’s no lunch tables for you to eat at

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You get your lunch and return to desk

lethal apex
fresh swallow
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Not the culture I was looking for

lethal apex
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are you allowed to go to the bathroom

dire finch
fresh swallow
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Every excuse you could use to take time off they have in the office

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A hairdresser

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A nurse

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A car mechanic

zenith whale
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is towers infra good

fresh swallow
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A gym

dire finch
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CAR MECHANIC LOL

fresh swallow
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Dude the vibes were just off

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Felt like a prison

lethal apex
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andrew's firm you get a personal cheerleader who encourages you take risky trades

dire finch
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a nursery, a kindergarten, an applebees...

fresh swallow
lethal apex
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that sounds objectively like hell

fresh swallow
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See what he says

lethal apex
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(give me sig offer I'll bark like a dog)

zenith whale
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ik tower prints on certain products that i have no idea how to approach

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its gotta be the infra (cope)

lethal apex
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me but with crypto trading

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"defi" "bribe" yea im out

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is citsec also a sweatshop

zenith whale
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team dep

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but mle is yes

fresh swallow
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What this mean

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Ah

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Very nice

zenith whale
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i think drw vibes are the worst though

fresh swallow
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🤷‍♂️

lethal apex
fresh swallow
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I don’t make the trades

lethal apex
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what's wrong w drw

zenith whale
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it just feels super hostile

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traders r very mean

dire finch
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denver river wintrading

zenith whale
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internship is fucking dogshit

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tqd is full of morons and ngmis

lethal apex
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they pay like 20k sign on dawg

zenith whale
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vibes wise

lethal apex
zenith whale
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yea ik its fun to type here

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3 years ago drw rounded up all the sophomores who faked grad year

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yelled at them

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told them they werent gettign return offers

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day 1

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(this was true, none of them got return offers)

lethal apex
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day 1 is wild

zenith whale
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lots of fake ass desk work

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its toxic

lethal apex
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dawg bring up rentech again istfg

fresh swallow
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I just be on here telling everyone who thinks trading firm SWE is way better than tech SWE to think twice

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Preventing them from making my same mistake

lethal apex
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on my momma ima tweak

lethal apex
zenith whale
#

rentech is not even that insane

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idk why yall glaze it

dire finch
lethal apex
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am the opposite of a glazer

zenith whale
fresh swallow
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Being able to invest in the medallion fund probably

zenith whale
lethal apex
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The fund which is conveniently only for its 300 employees and therefore no way to verify its success

fresh swallow
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Which ones

zenith whale
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and they're like 40-60% annual returns over N years

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and some props are letting employees invest

fresh swallow
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What firms

zenith whale
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they cap u

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like u can only invest up to like

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1M, or ur prev year bonus, or ur TC

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or smth like that

lethal apex
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the whole point is the firm stays capped at 10 bill or sm

zenith whale
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u cant lock up indefinitely

lethal apex
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yea

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5 m a year not a lot

zenith whale
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i mean

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u can make more lol

lethal apex
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you could just be a pm

fresh swallow
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🤔

zenith whale
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^^

lethal apex
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qr at 2s make millions easy

zenith whale
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i quit

fresh swallow
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I’ll never make 5 mill in my life lmao

lethal apex
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he's filthy fucking rich

zenith whale
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4-5 months ago

lethal apex
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it should be obvious

zenith whale
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was at a js/hrt/cit type shop

lethal apex
#

congrats on wolverine

zenith whale
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no literally one of the 3

lethal apex
zenith whale
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qr

fresh swallow
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Maxed at 2 plates and never bothered maxing again

zenith whale
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i mean

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hrt and jane have qrs lol

lethal apex
fresh swallow
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No reason

zenith whale
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the median qr gets capped a lot early in pay

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actually the median qr gets fired

fresh swallow
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At 2 plates you’re officially a man, after that just focus aesthetics

lethal apex
#

nah gymflation changed that

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every benches 2 plates now

fresh swallow
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Good

lethal apex
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times are changing unc

fresh swallow
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That’s how it should be

zenith whale
lethal apex
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nepo baby yapping about making money

zenith whale
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not willing to share sry

lethal apex
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I wanna trade cattle

fresh swallow
lethal apex
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feel like that's aura

fresh swallow
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If you know a path to 5 mil for me lmk

zenith whale
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idk just climb the tech ladder

lethal apex
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mhm yes ma'm I just traded 6.2 billion dollars worth of corn

zenith whale
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5m is def doable as a swe

lethal apex
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no I will not pay for your coffee

fresh swallow
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Ladder filled with old heads

dire finch
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5m is L10 comp the fuck

fresh swallow
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And AI

zenith whale
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5m nw

lethal apex
dire finch
#

oh 5m swe is easy what

zenith whale
#

yah

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5m nw is completely doable lol

fresh swallow
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I have essentially the pay of a new grad

lethal apex
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on everyone's life but mine ima hit 5m networth next year

fresh swallow
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Maybe when I’m like 60

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Won’t even need money at that point I’ll prolly just want to be dead

lethal apex
#

? nah even w 250k salary with no promotion you could get it if you saved and invested

zenith whale
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^^

lethal apex
#

nvm dawg is just depressed it's tuff

zenith whale
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yes

lethal apex
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We lowkey shit on his tc a lil too much

zenith whale
#

gl

lethal apex
#

ngmi

zenith whale
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40m is prob like

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pm money

lethal apex
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100 mill so I can make the gang all millionaires

zenith whale
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small pm who was a little late to the game (99.5th percentile for everyone entering industry now)

lethal apex
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Yea idt andrew can make I’m afraid he’ll cap out at 39m

zenith whale
#

cool so will everyone else

lethal apex
zenith whale
#

trying for these roles

fresh swallow
lethal apex
#

How should I secure bp oil futures desk

zenith whale
#

have u started yet

fresh swallow
#

Not looking good for me

lethal apex
fresh swallow
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I’m jus saying on the 5 mil front

zenith whale
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its hard as fuck lol

lethal apex
#

Unc’s like 25 talking about my life is over

zenith whale
#

if ur unironically aiming for 60m

#

idt quant has the best odds for that

#

also starting at a good firm isnt necessarily the best

lethal apex
#

I will be starting a gpt wrapper

dire finch
#

startup exit is probably easier

#

fuck same neruon

lethal apex
#

Goddamn it

zenith whale
#

if u want to climb to pm u want as much visibility as possible as fast as possible

lethal apex
#

always the ngmis giving advice tbh

zenith whale
#

a lot of these "top shops" are coasting off previous glory

#

and have really dog infra

#

but u cant touch any of it

#

imc is not a top shop

lethal apex
#

imc infra is top of the game

zenith whale
#

idt engineering has to do with infra

#

well i guess it does

lethal apex
#

???

zenith whale
#

its just like

lethal apex
#

What is blud yapping about

fresh swallow
#

Engineering builds the infra

zenith whale
#

how well ur business can scale horizontally

#

if ur an established name

#

engineering is one aspect of it

#

but there are others

lethal apex
#

Is the implication that andrew will be starting his own firm or that he won’t be able to find this so-called “top firm”

zenith whale
#

im not saying anything about andrew, im just saying that top firms arent necessarily the best path to pm

lethal apex
#

if you think imc is shit idk what else you want, bc tgs and spark certainly aren’t “scaling horizontally”

fresh swallow
#

POD shops got 40 pods

lethal apex
fresh swallow
#

You think they haven’t tried all the strategies?

zenith whale
#

pod shops share core infra

#

which is like

#

a lot of times shit

#

and teams will build their own

#

according to my friends at pod shops

#

lots of repeated work

#

and if ur an established player like a tower or a jump

#

ur gonna be trying to predict what other teams are doing

lethal apex
#

interesting point, firm is spending more time fighting w itself

zenith whale
#

also for some products it just sucks trading as a pod shop

lethal apex
#

I’m not following… why is there so much repeated work? Why is the infra so shit?

zenith whale
#

generally smart people will identify the same opportunities given infra

#

so if ur in a pod, youll be largely chasing 60% of the same stuff

fresh swallow
zenith whale
#

no one wants to improve the infra

fresh swallow
#

They don’t want to tell us to do it and then everyone gets the boost

zenith whale
#

if ur on a pod, you just want to make ur pod better

#

if ur not, you're trying to join a pod

fresh swallow
#

They do it themselves so their pod has an advantage

zenith whale
#

so u make ur contribution and join the pod

lethal apex
#

Being a partner and watch pods fight gotta be fun

zenith whale
#

i mean yeah the whole point of the pod structure is to benefit the partners

lethal apex
fresh swallow
#

That’s what I’ve heard

dire finch
#

does that change with firm-wide bonus structure like opti

fresh swallow
lethal apex
#

someone here said smthg about the best pods getting access to the best engineers but idk if that’s misinformation

fresh swallow
#

I talked to a guy on a trading team like once ever

#

But I haven’t been here long

zenith whale
lethal apex
#

Optigoat

zenith whale
#

or just more colalborative places

#

like hrt

dire finch
#

thats it i must join optiver

lethal apex
#

Being a shit pod gotta suck

#

not to be obvious but

#

Coming outta mit you get put in a pod with a stupid PM and now you have no clout, engineers won’t talk to you, low bonuses

#

real metric

zenith whale
#

if u work as a quant u got no clout period

#

unless ur a big boss portfolio manager

lethal apex
#

if my pm doesn’t come in wearing pajamas and a patek im quitting day 1

lucid cloak
#

if my pm doesnt give me head im quitting

dire finch
zenith whale
#

shit is brain worms

dire finch
#

where

lethal apex
#

Which one, they are all funny

zenith whale
lethal apex
#

I saw one about “why hft is good for the economy”

#

yea that one lmao

#

oh written by max dama

#

nvm that is the word of law

#

so true

zenith whale
#

max dama so ethical wow (wrote auschwitz quote on public document)

#

yes

#

in one of his early algo trading docs

#

"work shall set u free" or msth

lethal apex
#

Noooo you don’t understand moving markets by 1 cent is super important 🥹

#

Js the google of quant

#

like 2008 quirky google

zenith whale
#

js is the best firm period

dire finch
#

liquidity put out the fire

zenith whale
#

too sharky

dire finch
#

js providing disaster retardant liquidity

lethal apex
zenith whale
#

js is actually way too fucking good at everything

fresh swallow
#

Hater

zenith whale
#

i dont get it

lethal apex
#

Nah chill this bullying atp

zenith whale
#

hanni is so bad

lethal apex
#

Thirsty

zenith whale
#

mb

fresh swallow
#

Nah

lethal apex
#

drop the firm or no aura

zenith whale
#

yikes

fresh swallow
#

Be real tho

lethal apex
#

He deleted too nah

fresh swallow
#

If you’re gonna come in here insulting people

zenith whale
#

-1000 aura for lil bro

lethal apex
#

where lmao

#

This is cscd there are no active mods

#

Nah lowk 250k tc was chill but this decreased aura by 10k

zenith whale
#

bro got 190k tc aura now

lethal apex
#

The brainrot is so strong rating people’s aura as grown adults

#

gonna be a 45 year old pm talking about losing aura to an intern

zenith whale
#

nah real brainrot is /r/quantfinance

lethal apex
#

Spoofing at hft firms is wild

#

I don’t even think regulatory bodies can catch

fresh swallow
#

This lady got fined a shit ton for spoofing at my first firm

#

Only woman that worked there in a non hr role I think

lethal apex
#

1 trade per 100ns how can you even detect spoofing atp

fresh swallow
#

Nah

zenith whale
#

u can detect

#

also compliance will fuck you

fresh swallow
#

We were all joking about it

lethal apex
#

That shit fucks firms

zenith whale
#

yea

#

ceo of vatic is a spoofer

#

avoid that shop

#

horrific

lethal apex
#

Yea that’s p common word on the street

zenith whale
#

shitty ass shop

#

also they fire a lot of people

lethal apex
#

Nah hft financial crimes unit gotta be wild

zenith whale
#

yea

lethal apex
#

Ceo needs to pack his bags

zenith whale
#

once they lose enough they'll layoff their entire compliance arm

#

and then theyll print

#

(no correlation at all)

lethal apex
#

Atp he might even get community service

zenith whale
#

hed be the goat

lethal apex
#

I do not condone spoofing in any way shape or form

#

I have not committed securities fraud

#

in the name of the SEC, FTC, and the Chicago Board Options Exchange, amen

zenith whale
#

idk

#

i was 2yoe i know like 3 things

dire finch
#

were the 3 things good things

zenith whale
#

went back to school

lethal apex
#

like I said he’s rich as fuck

#

Are you one of those drippy chinese international students

zenith whale
#

i like chasing tail outcomes

#

there are better ways to do it

#

than quant

lethal apex
#

I saw one come out of the gucci store and enter a rolls

zenith whale
#

idk

lethal apex
#

that was the day I wanted to do quant

zenith whale
#

nah

#

prob startups or smth

hardy marsh
#

anyone know what the two sigma quant research int process is like

zenith whale
#

i mean p(tail) there is prob higher

#

than quant

lethal apex
#

market on him doing this is 20@40 percent

zenith whale
#

most people arent top quants

lethal apex
#

ngmi mindset

#

I take cold plunges every morning and play league for 4 hours before I start my day

#

I listen to interviews from sbf

dire finch
#

learn how to fraud like him

#

simply rugpull

near nymph
#

crypto rugpull podcaster or yc openapi merchant @lunar thicket

#

if u had to be one of the two

noble creek
noble creek
lethal apex
#

wild to doxx

noble creek
lethal apex
noble creek
#

Lots of risk red tape that exchange fund % with investor %

#

Investors % is not capped but fund % is capped

#

And ur an employee ur salary is based on fund %

#

Unless ur get to high ranking and % carry

#

Tbh in america the most consistent way from rags to rich is either hollywood residuals or sports or climbing IB -> PE ladder 15 years

dire finch
noble creek
#

Yeah it sucks ur soul

lethal apex
#

Hollywood “residuals”: almost always nepo, children of producers/actors
Sports: good god pray you never have a child that wants to go pro, you won’t believe the cost of these private coaches and top academies
IB: heavy target (ivy) focused, amazed you even put this. Still, it’s better than the other two

untold prawn
#

bro gave the worst examples oat 😭

noble creek
#

Hollywood is huge — not just actors but producers / assistant directors

#

My friend was recruited there 250k + residuals

lucid cloak
#

Sports not rag to riches anymore

#

Going pro isn’t even making it fr

#

U gotta be top 0.01 percent

#

Talent and hard work

#

I tried this and failed lol

#

Not a good look cuz all of high school dedicated to it

#

Exactly

lethal apex
noble creek
#

Assistant director

#

HBO

cold heart
#

NIL money is crazy rn

lethal apex
#

Did he go to a T10 uni

noble creek
#

USC

#

Yeah

#

Best school

lethal apex
#

Best film school in the country outside of tisch and ucla no?

noble creek
#

It should be the best annenberg

#

Networking and stuff

lethal apex
#

idk I still doubt your examples and think you chose the worst ones

#

Ofc there are exceptions

#

But rags to riches is a lie 99% of the time

#

just like quant isn’t meritocratic

noble creek
#

Yeah i agree

#

In china rn

#

At least if u can do soccer

#

And brand urself in regional team

#

U get ad deals

lethal apex
#

sports in us pays millions but yes

#

what charlie said

noble creek
#

Eh just usa and some countries stuff in japan it’s free

lethal apex
#

wdym

#

Did you see pickleball becoming popular lol

noble creek
#

That sicks

#

Yeah i agree

#

I think like

lethal apex
#

Tennis coaches make 200/hr even low level

noble creek
#

Doing sports to get married to a rich partner

lethal apex
#

fencing

#

Anyway the point is sport isn’t rags to riches, you either join the sport and it doesn’t pay well

#

Or are already top 1% income

#

Brazil has some programs for futbol

#

kids from the slums

#

Ronaldo (brazilian one) was born in a slum

#

This is also cap

#

Good University degree

#

That’s already ahead of most

#

then having freedom to not work during school so you can maintain grades and do projects

#

Good university means same applies to highschool

#

Oh well 😂

#

sucks to suck

#

my guy if I’m rich why would my kids work hard

#

they are going to become artists

noble creek
#

Oh yeah fucking arts

#

Money laundering

lethal apex
#

Wu gets it

#

that’s why he’s at 2s lol

#

At my company or consulting

#

Consultants aren’t just the big 4 grunts

#

some companies will have individual consultants

#

Basically just the kids of the ceo

#

or former execs

dire finch
#

washing money is hard

fresh swallow
#

This isn't going to exist in 20 years lol

#

The non revenue sports will be gone

#

With the way NIL and revenue sharing is going rn

dire finch
#

this is baseline unless ur kid's a lemon

sacred breach
#

has anyone done drw coditility oa before?

#

got it, thanks!

sacred breach
#

swe in canada

wild tree
sacred breach
#

Yep

sterile girder
#

how much does quant swe care about GPA

#

from y'alls experience

cold heart
#

I have a 3.6 gpa, go to like a t200 school, got multiple quant swe offers

#

As long as it’s 3.5+ I don’t think they care

lethal apex
#

no prep?

dire finch
#

he's him

lethal apex
#

atp isn’t berkeley considered t200?

near nymph
#

yeah berkelee school of music got no pipelines it's sad

#

eric andre carries the alum network

dire arrow
#

if anyone has qt question banks pls dm willing to cash out

#

im really down bad

lucid cloak
#

No prep?

zenith panther
#

i have a gpa and go to a school, got multiple quant swe offers

#

as long as you have a gpa i don't think they care

lethal apex
#

I got multiple quant swe offers
as long as you don't care

hardy marsh
#

Do you need a phd/masters to get into quant research?

#

ah, have u seen any bachelors students get a qr internship during their junior yr? atm most 2sig qr interns ive seen r masters/phd students which is tough.

dire arrow
#

get a pub in any decent journal for any stem topic and u prob gonna get qr ints ngl

#

or win jane streets kaggle contest

hardy marsh
hardy marsh
dire arrow
#

j ask chatgpt top journals in xyz field

#

for cs prob neurips icml iclr the hottest rn

#

any first/second author pub in any journal p impressive tho

#

(imo)

hardy marsh
#

awesome, thank you bro! Working on some research rn w a professor so hoping good things come out of it.

dire arrow
#

even if u dont pub , research lab exp still p solid on res

hardy marsh
#

i just really need smthn for my junior year, intern pipeline is a must or its overrr

hardy marsh
lethal apex
#

have you considered giving up

ocean gazelle
cursive granite
#

holy

#

georgia tech

rare dock
#

lets see the resume

cursive granite
#

troll

#

fr

#

what kind of quant you talking about

#

yo

#

my bad rift

#

😆 '

lethal apex
#

Erhm bit shifting an integer by 200 can result in undefined behavior

real crown
#

Has anyone done HRT algo dev intern phone interview for the singapore position?

hardy marsh
#

why does peak6 pay so little compared to other prop shops. is it low end.

#

25 n hour

#

yeah was p suprised

#

ah im looking at that now, its for apex fintech which looks to be a subsidiary

#

not peak6 capital which pays much more.

lethal apex
fresh swallow
#

In my day they paid you 21 dollars an hour for an internship and we liked it

#

My internship after freshman year was 15 bucks

cold heart
#

my first internship was 12/hr

zenith panther
topaz hazel
#

it will just clear the register to 0

fresh swallow
#

I remember those were the only internships at big companies that would interview freshman

mint totem
#

Got any intern or fte opportunity for MERN?

zenith panther
lethal apex
deep cargo
topaz hazel
lethal apex
#

kids these days speaking outta line

#

We are cooked yo

#

fpga not in c++ is too widespread

#

ima have to actually lock in

hazy hawk
lethal apex
#

Real

#

Nah I’d win

#

Also me:

IMG_4224.png
topaz hazel
#

why is jensen huang's son applying to intel, a nvidia competitor?

#

instant disown

lethal apex
#

Dad?

#

im sorry it was a joke

#

please don’t take away my 8 billion dollar trust fund

meager lance
#

bro he also said amd >>

#

hes cooked

#

i already told the entire nvidia recruiter team

lethal apex
valid sand
#

has any one done the jr Valkyrie Trading OA?

hardy marsh
oblique orbit
#

Has anyone done Two Sigma 1st phone?

valid sand
valid sand
oblique orbit
#

software engineering intern

brisk ingot
#

leetcode

#

medium ish

zenith panther
oblique orbit
#

Can i Dm you?

zenith panther
#

no thank you, i haven't done the two sigma phone so i probably can't help you haha

hardy marsh
# valid sand how was it? any advice on how to prepare?

its took it a long time ago, but ton of probability questions + some game theory in a very short amnt of time, then you have a couple leetcode style coding questions at the end. the coding questions arent bad, but getting thru the probability is tough

valid sand
grim sigil
#

why am i so insecure

#

on god

zenith panther
#

and felt discouraged and distracted

#

and you know you can do it but youre too scared to work for it

#

start grinding 🙏

grim sigil
#

wecu for president 2024

#

look at this inspirational ahh man or woman

lethal apex
#

have you considered giving up and becoming a plumber

dire finch
#

plumbers can make 200/hr too

hardy marsh
dire arrow
#

anyone know what the optiver future focus trading tech is?

dire arrow
#

im assuming like a figgie/ace10 typa thing where they spam ev/prob/bayes thm questions right

#

bet thanks

#

did u do this cycle?

#

or last

#

fye see u in chiraq

#

is it j behavioural final after the tech

#

or more math n shit

#

for a week long program?!

#

these mfs evil man

hardy marsh
#

two techs is crazyyy

oblique orbit
#

has anyone interviewed at maven securities graduate trader this cycle? how long does it take to hear back after phone?

grim sigil
#

what does an algo dev at hrt actually do

#

anyone know

dire finch
#

its qr adjacent

lethal apex
#

Fake qr

#

lock in

dire finch
#

🔒

grim sigil
#

what do qrs actually do

#

anyone know

#

😅

dire finch
#

find ways to make money by analyzing data

grim sigil
#

moreso curious about the day-to-day and what kind of math they use

dire finch
#

mostly simple regressions that are easy to explain

#

ex. "i found intraday XOM is heavily correlated with some report released at 10:05 on the first monday of every february, let's backtest this to trade"

#

regression there can be as simple as linear least squares (eod returns of XOM) vs (report statistic X)

#

they also get tips from qt that might notice these patterns from their monkey typewriting

grim sigil
#

thank u

lethal apex
#

we can stay solvent longer than the market can stay irrational, is what my old boss told me

cursive granite
#

teach me trading please

elder mirage
#

Aside from JS and cit, is there any other quant that does fall or winter?

#

🙏🙏😩

abstract storm
#

5R

lethal apex
dire arrow
#

what if im desk ops

lethal apex
#

Woah woah the fuck this was not for everybody

dire arrow
#

im p poor man

lethal apex
#

Especially not people w nba pfps

dire arrow
#

include me

tranquil wagon
lethal apex
#

Nah you can’t even commit to a kalshi project

dire arrow
tranquil wagon
dire arrow
#

og kalshi arbs were huge

tranquil wagon
#

I forgot about that my bad

lethal apex
#

🙏

dire arrow
#

might be harder to come across now

tranquil wagon
lethal apex
#

sorry I don’t give out free alpha

tranquil wagon
#

Lmao

elder mirage
#

Et bro

lethal apex
#

On @lunar thicket’s life

elder mirage
#

🤣

dire arrow
#

for a soph off cycle role, would desk ops or like investment analytics at good firm be better res val than big tech swe?

#

if goal is trading

#

so like zon fall > investment analytics at arrowstreet?

#

wb like goog or sum

#

i have no data points on outcomes of ppl that intern in these off-quant roles

lethal apex
#

Many data points of faang soph quant junior

#

Free alpha

lethal apex
#

I swear he played for the pelicans or sm

dire arrow
lethal apex
#

💀 dawg you were fr?

dire arrow
#

im tall and p charismatic

lethal apex
#

oh nah

dire arrow
#

I got masculine appeal bro

lethal apex
#

My fault king you kinda cool asf now

dire arrow
#

Yup I am a bjj brown belt

lethal apex
#

holy goat

#

Perfect ngl hbu charlie duong

dire arrow
#

jensen son when does nvid fall open

lethal apex
#

It’s open now lil bro

dire arrow
#

on bro bro?

lethal apex
#

On bro

#

swe opened like yesterday p sure

#

at least one position

#

Im a 10x engineer so I filled up the rest of hc

#

Nah you got it easy

dire arrow
#

bro that shit was LC pre-easy

#

yea took me sub 5 min

#

2questions

#

peep it

#

one of the qs for me was deadahh j a forloop

thin quest
#

is it the same regardless?

dire arrow
#

the behavioral takes way longer than the coding

dire arrow
#

it pissed me off how easy it was

#

didnt get a chance to make up for mick res

#

bro we are not in the same boat.

hardy marsh
#

need IMC launchpad brah

dire arrow
hardy marsh
#

yeah ur prob right

#

i saw ppl doing interviews in like march last yr

#

i wonder what the process is likeee

#

have u applied to any other programs this yr

#

wait r u a soph?

#

did they have a freshman program last yr or smthn

#

gotcha, how was process then

#

oh fuc

dire arrow
#

oa was like medium probability/combinatorics stuff

#

idr rememeber

hardy marsh
dire arrow
#

green book i think

hardy marsh
#

yeah