Just wondering if there is more than just hype around it? There used to be a time that you could scrape data that was useful but all websites nowadays block them, so I struggle to find any good use for coding when making an investment decision. Would love to know if there are others who have different opinion on this?
| +19 | Post HBS hedge fund opportunities | 4 | 1d |
| +18 | Best Non RX Sell Side seat for Opportunistic exits? | 13 | 8h |
| +13 | IB -> HF | 4 | 1d |
| +10 | Headhunters for SF HFs | 2 | 3h |
| +10 | MF to Smallish HF? | 2 | 4d |
| +10 | How would you transition a long-only book into L/S? | 1 | 2d |
| +8 | How to pivot into HF, L/S | 3 | 3d |
| +7 | Thoughts on situational awareness | 3 | 5d |
| +6 | How to Learn Programming? | 2 | 4d |
| +2 | hbs vs gsb | 3 | 15h |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Since I am in high school I am just a retail trader but I use python for making investment decisions by using it to check correlation between stocks and to make sure my securities are uncorrelated. I also use it in order to have a good standard deviation across my portfolio. Lastly, I used python to make a more advanced/effective screener than just using a regular screener.
Hey, you still owe me $10.
I've done it.
Username checks out.
Yes.
sorry for an off topic reply - I will be interning at Citadel this upcoming summer, is there anyway I can reach out to you to ask some questions? Only if you're comfortable of course. thanks :)
Sure, I'll PM you.
All our investment decisions are made by python code.
Not sure where did you get the impression that systematic strategies on either Python or other programming languages are hype...
If your statement was correct, then I guess all systematic funds like RenTech, DEShaw, PDT, 2Sigma are also hype.
Nowadays, more and more funds (including discretionary ones) require analysts to know how to code in Python (P72 non systematic side, etc).
What do fundamental analysts do in python, do they now use python for modeling instead of excel or is it used in another way?
For typical financial modeling, Excel is the go-to choice, given how intuitive it is in that context. Python helps with other tasks, such as:
Yes of course. Just not the ones that recruit investment banking analysts (e.g., not the ones that most people on the site are going to recruit for). There are extremely few exceptions to this rule, though a few exceptions do exist.
Certain valuation groups use it for valuation of earnouts (Monte Carlo Sims. Etc.). Less IBD, more of a specialist niche
Yes?
Sit voluptas libero rem consectetur libero atque. Et sapiente voluptas nihil ad eos ipsam. Velit sed reprehenderit placeat. Qui voluptatum nulla ad ut. Quisquam beatae architecto ad reprehenderit modi. Numquam rem minima accusamus voluptatem eos beatae rem.
Quisquam amet molestiae dignissimos magni saepe accusantium. Est necessitatibus corporis expedita magnam eius. Aut non qui officiis et possimus ipsam nihil. Suscipit iste eum aut doloremque. Et beatae dolorem occaecati ea. Laborum alias iusto occaecati unde.
Quia blanditiis sed ipsam officiis et quidem illo. Maxime molestiae totam reprehenderit ut eos rerum. Beatae est dolor blanditiis inventore eaque inventore. Numquam sit dolores omnis ab iste voluptatum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...