/sci/ - Science & Math

>>11191145
martingales.

>>11191145
Can you be a quant with a PhD in CS?

Do they prefer math and physics?

>>11191608
Well, these positions are currently very interview heavy instead of your on-paper qualifications. It is well known that in finance some fucker without even a college degree can be hired by Morgan Stanley to sell insurance and become a millionaire. Paper qualifications are for retarded government jobs, for a quant job you will simply be tested on your knowledge of probability theory. If you've never studied and thought heavily about probability theory then you will likely not pass interviews at top hedge funds and probably not any top banks either. And if you can't do that then they won't care for you as a quant. I also wouldn't say that they prefer math and physics, it is just that it is math (many courses in probability theory) and physics (advanced knowledge due to statistical physics) people that actually know probability well enough to not bomb in an interview.

>>11191608
well, how much of what you did concerns finding pattern and structure in time series random processes?

>>11191145
Being able to support 'large numbers' is not the same as being able to support 'complex memory/information exchange'.

Financial literacy is being able to identify yourself as an individual with an input/output matrix. Meaning you understand the value of the money, and use it according to social propagation (hence why prostitution will never be eradicated because men forget to account for women who are happily unsatiable and require a constant stream of male attention, and vice versa for male prostitutes), or you understand the value of the taxes you pay, or you understand the value of someone PAYING you to exist in society.

A lot of humans forget that at the end of the day they have a fetish that is uniquely them. It could be dressing up as a pig on camera, acting, or insert any bullshit you want here. No human can ultimately condemn another fetish unless it is a fetish of isolation and exclusion because those are the greatest economic moments of digression. Meaning that is when a 'new group' spawns by using resources of the 'old group' because the old group's utilization of those resources are insufficient to propagate cultural mixing.

Basically every human gets horny and bored, and until society implements that into their taxes/finances (full package: health/telecommunications/transport/food/energy/entertainment/pleasure) nobody is going to have a bright future.

>So, you faggots okay if I make that A.I. now or do you all still have such a fucked up ego that you wouldn't let one /b/-tard just make the thing, just so 4chan can stop being a toilet and we can all as a fucking species just chill the fuck out. Yeah, I'll allow sex robots, the 12 women that worship me so far will be the basic behavior matrix for guys that prefer digital response femininity.

>>11191679
>Please sir, what is reading/writing?

ITT: Money isn't the authority, the fear of scarcity and unfriendly agents is.

>>11191145
Why do you expect me to read all this shit you dumb fucking retard

>>11191790
Because you're on a fucking website, a format of information dedicated to textual representations of knowledge? Like, how basic do I have to make this obvious fact to you, the person who can apparently read/write?

god i hate schizos i wish they would all be killed at birth

>>11191823
I'm part of a CIA-based GAN that is intentionally flooding /sci/ and /pol/ with anti-schizo and other psychological prejudice in order to isolate communicators with fear-based narratives that they only got from their imagination/media diet.

>Why? Because Americans believe some seriously stupid shit no matter what. Most humans are just waiting to validate their pre-fabricated reality so they feel confident rather than, I dunno, actually being a human. Why be yourself when you can be the product of all the bullshit you've believed thus far about everything, O memory of a human that breathes?

Or I'm just a shitposter showing you all how pointless any ego story is in any language. You all get to have your feels, and I get to prevent other people that you all interact with from thinking because you all enjoy keeping your prejudices young and juicy. Which is just fucking weird to me but hey, it only takes one determined individual to shit in everyone's breakfast.

>>11191849
Fuck off solid vagoo

>>11191695
Kys namefag.

>>11193001
>>11193088
My adoring fans! Always awesome to see you guys.

>>11191669
Wat u talkin about. Machines do all the mathematical work now.

Finance and especially quantitative trading has become increasingly competitive and cutthroat in the past years, to the point where it's not worth pursuing a career in that field anymore.
If you're competent in math/physics, it's often better to look for a job in data analysis or tech.
Getting a quant job is not only incredibly difficult (even with a PhD), but also requires vast knowledge (you can't get away with being a mediocre programmer, in HFT shops you will be required to have hardware skills as well), and doesn't pay as well as it used to.
But hey, if your ideal life is working like a dog on extremely difficult problems, barely making 200k in a big city like NYC even though you contribute to making tens of millions for the company, be my guest.

>>11195403
Overall I agree with you.

However, it makes sense in some cases - many cutthroat shops advertise their competitive environment. Only at places like these can you manage & lead your own R&D team in less than a decade.

Additionally, a top tier quant shop on your resume also serves as a pretty reliable signal.

200k base salary isn't great for NYC, but I have a feeling you disregarded the bonus...

>>11191145
Uhh fuck, I started pursuing a Math BS because I had the dream of a PhD and professorship, but that seems fucked. On the other hand, my dad is in finance (investment, specifically, if that matters) and seems to be pretty high up in the firm he works for. Should/how can I just ride the waves of nepotism into a quant job there instead?

>>11195449
Buckle down and do better my guy. Study hard and get that PhD. Professorship is hard a f though.

If you want to go into finance, a math BS + shitty grades + some programming ability will make u an analyst at a bank - shitty, but that's probably the only option in fn.

>>11195460
>do better my guy
Oh, I'm not worried about grades just yet (I'm literally only in my first semester of freshman year in undergrad). I just meant that the dream of a position in academia is fucked, apparently, because academia is apparently fucked and really hard to get into.
I haven't gotten much actual personal advice about my career from people in the know, but the consensus seems to be that I should just switch to CS while I still can. I don't really care for it, though, and would rather do Math, so I really do appreciate the encouragement there.

>>11195469
Academia is not hard to get into. Academia is actually super easy to get into because universities are basically running slave operations. If you are willing to earn minimum wage after graduation then they'll take you in immediately. The actual hard part is then getting to a point where you are earning as much as you should given your qualifications.

>>11195532
Holy shit, why bother with such retards? Do you all really need to be part of some secret boys club before you feel sufficiently validated to interact with a stranger?

>>11195538
Found the salty minimum wagie

>>11195540
huh? I pimp my women. Why work when you guys are so desperate for pussy?

>>11195532
>If you are willing to earn minimum wage after graduation then they'll take you in immediately.
If you aren't bullshitting me, that honestly doesn't sound too terrible for me then. My parents are willing to support me as long as I'm not an actual NEET, and I don't plan on having a girlfriend/wife/family to give me any motivation to move out, so I should be "fine".

>>11195566
Huh. Then you are the perfect academic wagie. Hope you don't change your mind in the next 4 years though. When I was a freshman in my math BS I thought the same as you. Who needs money and women when I will have math? But by the end of those 4 years I was so fucking jaded that I said fuck all of that: I will have math, money and women.

>>11195592
Cumbrain

>>11195606
minimumbrain