What is Alphataraxia?

I have a first round for Alphataraxia for an analyst role, and I have never heard of this firm. What is it and what are the salary ranges

Here's the blurb: "Alphataraxia Management (ATX) is a fast-growing investment management group with offices in both Washington DC and Los Angeles."

I'm not sure if it's a scam. 

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Hi I'm Peter, one of the founders at Alphataraxia

We are one of the top participants in the energy power markets.  I know most people, including even my own parents, will never come across these markets in their whole lives, but power markets are huge exchanges where a lot of volume is exchanged.  We buy and sell futures financial contracts that settle on the underlying prices of electricity, which is the most volatile commodity in the world.  When was the last time a commodity you bought for $20 ended up settling for $4000?  That happens regularly in our space.

Our whole approach is pretty straightforward.  We hire really bright candidates, and we try to understand things better and deeper than anyone else in the market.  We combine a deep fundamental understanding with a rigorous quantitative and analytical approach.  Prices in our markets can be modeled and forecasted... but if you want to do it well, there are a lot of pieces to put together.  So we pull in data from tons of different sources, build our models, and develop proprietary investment strategies.  It's a really nice combination of finance, quantitative modeling, and energy.

Hope that helps.  Come on over to our website, which I can't seem to link to but it's just alphataraxia dot com.  You can always reach out to us directly at our careers@ email too.  We don't have a dedicated HR team so you'll hear back directly from one of us. 

 

What were you thinking when you called your start-up Alphataraxia?

We get asked that a lot!  Most people think it sounds like a dinosaur.  Here's the full story:

Alpha (noun):  a risk-adjusted measure of the so-called active return on an investment

Ataraxia (noun):  calmness or peace of mind; emotional tranquility. [from Greek: serenity, from ataraktos ]

Alphataraxia :  a state of tranquility characterized by confidence in achieving alpha.

 

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