Long-Term Career Pros/Cons: Quant Fund vs. HFT?
HF
(Monkey, 56
Points)
on 7/27/12 at 8:47pm
What are some of the long-term pros and cons of working at a quantitative hedge fund, compared to working at a high-frequency trading firm? I'm referring to trading positions.
I've interned in both areas. I enjoy the work in both. I'm curious about longer-term career considerations, and hoping to hear thoughts from those more experienced than I am. I also posted this in the hedge funds section for contrast. Thanks for reading.
Edit: changed "statistical arbitrage fund" to "quantitative hedge fund" more broadly.






wtf is statistical arbitrage
wtf is statistical arbitrage
"Quantitative hedge fund",
"Quantitative hedge fund", then. E.g. most of D.E. Shaw, PDT (Partners, these days), parts of SAC, parts of AQR, Two Sigma, parts of Citadel, etc. "Statistical arbitrage" is probably too narrow of a term; I agree it's overused.
blastoise: wtf is statistical
wtf is statistical arbitrage
Learning stats in college, then teaching it at high school Easy.
"Every man should lose a battle in his youth, so he does not lose a war when he is old"
RichardPennybags: blastoise
wtf is statistical arbitrage
Learning stats in college, then teaching it at high school Easy.
PROBAILITY IS 10000000 X100000 HARDER THAN STATISTICS PPL THAT TAKE STATISTICS INSTEAD OF PROBAILITY ARE NOOBS