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Thread 61293463

8 posts 4 images 7 unique posters /biz/
Anonymous (ID: +e2BzoRy) No.61293463 [Report] >>61293821 >>61294243
Quantitative trading
What does /biz/ think of quants?
Anonymous (ID: 0EvAY6+Q) No.61293471 [Report] >>61293515
They usually look something like pic related. And also usually make a lot of money.
Anonymous (ID: 2Q5vvArm) No.61293515 [Report] >>61293601
>>61293471
filled with nepo babies or soulless Chinese quants who sold their youth for generational wealth
Anonymous (ID: 5N42EAdq) No.61293601 [Report]
>>61293515
/biz/raelis get neither
Anonymous (ID: HsDC1DS5) No.61293821 [Report] >>61294030
>>61293463 (OP)
1) im a quant (math MSc w/ focus on SDEs & option pricing)
2) most quant strats are really boring (eg index/basket pricing, which just needs volume and a fast internet connection)
3) there are more sophisticated quant trading strats, but even those are still actually pretty straight forward. see factor investing (AQR is big in this)
4) there is very little really arb-free money in the game. many prop hf are statistical arbitrage, which works .. until it doesnt.

i much more like hf that do not rely heavily on quants, e.g. bridgewater (macro) or odey's funds (event-driven hf). pure quant hf are boring af

one of the more impressive hf is probably virtu financial and XTX, the first bc they rarely lose money and the latter because i know the two guys who run the shop are really, really smart players (although its more of an exchange but its run like a quant shop).
Anonymous (ID: +e2BzoRy) No.61294030 [Report]
>>61293821
what about JS? they seem to get insane $$$
Anonymous (ID: tiW+o2Qa) No.61294243 [Report]
>>61293463 (OP)
I am self thought quant developer (I work on those advanced roombas as job). I will soon quit my job most likely. A trading bot I built has been consistently made over 300% a year.
Anonymous (ID: zWUxwP59) No.61294259 [Report]
>HRT