Starting quant fund out of collegeSubscribe
Let me first say that I believe to be heavily delusional on the feasibility of this subject. That's why I'm posting here to get a taste of the real world.
A little bit about me: will in one year have a fairly quantitative MSc Finance from semi-target/target (think HEC, Bocconi, St Gallen) in Europe. Currently work part-time as a software developer, and REALLY like the job. No experience from BB or any type of serious financial firm (have done internship at boutique IBD in my town but it was quite unorganized). Have some connections to money through well-off friends from school, however very unclear whether they would be willing to invest.
I have been getting into building statistical models quite a lot lately, and one specifically is really starting to come along (lots of Nuclear Phynance browsing). I believe the work in some kind of quant role would be perfect for me since I will be able to combine some lighter programming with statistics. I also believe that I can acquire the skills needed, but think that I will really be risking to be stuck in risk due to not having a degree such as physics or similar if I choose to try to get a real quant job.
This in combination with me generally liking high-risk stuff and wanting to take some chances early on in life so that I do not end up a bitter old dude wondering why he didn't take chances in his youth when he didn't really have anything to lose makes me think starting a quant fund would suit my risk appetite and career goals quite well. I have also had the idea that maybe people would be more willing to invest in something where they can actually make money when the yields are so low. Wrong or right?
Give it to me raw monkeys, why should I think again about this?