People get masters in mathematics and have 150 IQ to boast an 12% return a year to hedge funds as a quant

[kranerman23123]

Why do you as a 19 year old who struggled with pre calculus think you can out preform them? Because you learned about candle analysis buzzwords?

 

[Hunter]

Why do you as a 19 year old who struggled with pre calculus think you can out preform them? Because you learned about candle analysis buzzwords?

salty niggas

 

[kranerman23123]

salty niggas

Big cap

 

[Dr. Mog]

@mvpisafaggot420 will like to have a long conversation with you for even bringing up this statement.

 

[nvr3noug6]

mathematical ability is 70% genetics btw https://looksmax.org/threads/deep-i...as-used-for-sorting-studies-and-shit.1679213/

 

[kranerman23123]

mathematical ability is 70% genetics btw https://looksmax.org/threads/deep-i...as-used-for-sorting-studies-and-shit.1679213/

Brutal

 

[arbiter891]

nevermind the insider trading information they have (no amount of muh IQ and muh math can outcompete this btw, greatest trader in history is Nancy Pelosi)

 

[arbiter891]

 

[AsGoodAsItGets]

You can also have a high IQ and big balls.

 

[Hunter]

Big cap

You misunderstood what I meant idiot, I was agreeing with you.

 

[Hunter]

You can also have a high IQ and big balls.

@BigBallsLarry
Only one person came to mind

 

[BigBallsLarry]

You can also have a high IQ and big balls.

@BigBallsLarry
Only one person came to mind

accurate depiction of me

 

[kranerman23123]

You misunderstood what I meant idiot, I was agreeing with you.

BIg capper

 

[kranerman23123]

You misunderstood what I meant idiot, I was agreeing with you.

I'm just kidding

Need to make insider poly market bets asap

 

[Nardicus101]

Cause most quants dont even know what there doing (for legal reasons). If they did, they could easily switch firms and leak secrets so most the time the Portfolio manager is really the only one who knows wtf is going on.
It's most a guessing game with probability, but more educated guessing with equipment faster than what the average home can handle thus giving them an edge in financial markets in terms of trading speed.

its a glorified industry and to be quite honest, most quants dont even work after 2 years. 50% of the force is fired within the first year, another 20% leaves due to high cortisol n so on. You clock in not knowing if it's going to be your last day depending on your performance. and you can preform well, but if everyone is preforming better than you, you're still at high risk.

The culture is also quite cut throat and I would reccommend this to someone who enjoys life and can work under pressure. Most of you wouldn't even pass an OA from lets say Optiver let alone. n that just the first round after 5 rounds.

and yea the money is good, but you have to understand your also most likely working in a HCOL city on top of this, so the money doesn't really take as far as you may think though it is still alot.
Another thing, if your someone who is in to cars n outside hiking, n working out n so on. Finance culture is not for you (Front office) especially in NYC. though people love lapping online via linked n or reddit.

There is more too it and have secured interviews with firms but I did not think it was honestly worth it imo

 

[Nardicus101]

I'm just kidding

Need to make insider poly market bets asap

Nomade is hit or miss with advice, bro preaches being a passport bro

 

[Napoleon1800]

I’m too low iq for trading

 

[Mogger2000]

mathematical ability is 70% genetics btw https://looksmax.org/threads/deep-i...as-used-for-sorting-studies-and-shit.1679213/

lmao once again the blackpill comes to collect

 

[cyrillic]

Why do you as a 19 year old who struggled with pre calculus think you can out preform them? Because you learned about candle analysis buzzwords?

quant and day trading are fundamentally different inasmuch as they serve to sustain different purposes and thus diverge in the capabilities needed to master them your logic would only make sense if the 19 year old you're talking about wanted to mathematically appraise soy bean futures and not trade options

 

[shikimorilover69]

Why do you as a 19 year old who struggled with pre calculus think you can out preform them? Because you learned about candle analysis buzzwords?

anyone can outperform a quant u can literally by some random etfs and outperform them easily and if u find some small edge easily make 100% or 200% in a year
Now this doesnt mean that 14% a year for quant isnt impressive, in fact its extremely impressive, cause u have to consider quant firms are dealing with hundreds of billions of AUM. when u trade with that money you literally move the market urself, u cant just buy and sell at a price u like, and also, quant firms dont invest they are market makers, they are basically holding all the stocks, and when u buy a stoock u buy it from them, and when u sell the stock u sell it to them, and they make mone y off of the spread between the buy and sell price. that stratgey can be scaled a lot since the more stocks u have and the more the stock is traded, the more money you will make from buying and selling actually. dont compare quant firms to us retail investors cause our aum and methodology is totally different

 

[shikimorilover69]

In other words, its a million times harder to turn a million into a billion, than to turn a thousand into 1 million. And its a billion times harder than that to turn 1 billion into 1 trillion