Traders: What do you want from your quants?
From a trader's view, what separates a good quant from a shitty one?
Trending Content - Sales and Trading Forum
Career Resources
Soft hands.
Shitty quants suck at math
The ones who make models that take longer to analyze than the market. A half-assed model/strategy that works now is better than that super detailed amazing model that probably will be done/working well after the market has already moved.
Quants suck, period. No offense. I am a maths major for undergrad and grad. Reasons I am doing it, 1) so no quant (trader) can bullshit (fuck) me 2) exploit the inefficiency created by quantitative models like BS model.
That's a pretty shitty reason to do a math graduate degree for. How do you like wasting your time/money like that?
Most of people are not excited to do proofs, and that's how you spent 80 of your time, reaingd and doing proofs. And it takes a lot of time away from u. Is it a waste of money and time? Too early to call... I think my reasons are sufficient for now.
I am interested in this as well.
-Fmr Lehman quant -Fmr AIG quant
To understand the models they are building
Eos atque impedit facilis ipsa velit odit quidem. Commodi et dolor sunt sed qui accusamus. Laudantium ipsa eum velit eum. Rerum quisquam eos ut commodi nihil nulla dicta officia. Earum et dolor ducimus quae minus sint suscipit.
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...