Quantitative based
(King Kong, 1,723
Points)
on 9/25/07 at 5:52pm
Can someone provide insight into the spectrum of trading: from most quantitatively focused to least "". Can someone without a quant heavy background become a successful trader? I would imagine that anyone with a solid understaning of capital markets and financial analysis experience could trade (not necessarily successfully)in a long/short equity fund? Would I be correct in my assumption? Thanks for any help.






you dont need a major quant
you dont need a major quant background for the majority of trading positions, particularly at an equity hedge fund. you'll be fine.
my two cents
for a long/short equity HF: you don't need to be quanty, you need to know how to value companies and do due diligence.
for a trading position like stat arb (lovingly called stab art) you need quant and programming
for a deriv trading you need to be mathematical i.e. fast with numbers, no one expects you to solve a PDE