/sci/ - Science & Math

>implying fractional money

ugh, as a mathematician i hate being associated to these quants. Most quants are physicists who only do calculus and maybe some probability. they are certainly not mathematical geniuses

>>1628017
THEY DON'T

>>1628016

implying physicists don't learn advanced mathematics.

Quants are just a fad
You can't truly predict profits or people's spending behavior. You can only do probabilities.
Which is why statistics is the most useful math in business.

>>1628005
>implying humans are rational beings
>implying free will isn't real
>implying that you can get something for nothing
>implying that money isn't finite

>>1628016

They mentioned that in the movie. One of the pioneers, I think Emanuel Derman or something, was a theoretical physicist and left that for a job at Goldman Sachs.

>>1628016
what about applied mathematics?

>>1628030
There is a significant difference between applied mathematicians and physicists. I am an applied mathematician (post doc). The role of an applied mathematician is to understand a problem from a different field and abstract it enough so that you can use the machinery from mathematics. Physicists to me just seem to like writing down a bunch of equations and notation.

>>1628019

>implying physicists don't learn complex analysis for electricity and magnetism
>implying physicists don't learn group theory for particle physics
>implying physicists don't learn differential and Riemannian geometry for general relativity
>implying physicists don't learn stochastic processes and combinatorics for statistical mechanics
>implying physicists don't learn functional analysis and operator algebra for quantum mechanics
>implying physicists don't use partial differential equations to model most natural phenomenons

>>1628038

>>1628047
congratulations physicists! you have an undergraduate mathematics curriculum. I always lol when physicist always mention group theory.

>>1628005
your troll has been diverted, good job!

>>1628053

actually that's just what undergraduate physicists learn.
Graduate level physicists learn:
lie groups, lie algebra, Clifford algebras, exterior algebra for particle physics
Itō calculus and stochastic differential equations for diffusion
symplectic geometry for classical mechanics
infinite dimensional manifolds for quantum field theory

>>1628117

So physicists barely skim the surface of mathematics.

Got it.

>>1628022

doesn't matter, statistical mechanics work even though you cannot predict the behavior of every particles.

>>1628139

butthurt mathematician compensating

I remember reading an article about the most useless jobs and stock market analysts were up there. They give something like 3% more accuracy over completely random investments overall.

> PHD in Physics
> Any Wall Street job I want
> 500,000 starting salary
> Ruin American economy

U mad?

>>1628147

how does it make you feel that they still make a lot more money than you?

>>1628139
>Implying every mathematician is like Terry Tao

>>1628156
Pretty indifferent. Seems like a boring and unsatisfying way to spend your life to me.

>>1628156
Enjoy losing your sanity and becoming a farmer.

Why cant you fags stop nagging about your fucking degrees?
I dont care.. Im a Ph.D math fag, but I think phys has well enough math knowledge to make models.

Mathematicians should just do math, and give the formulas to the physicists who really can do something with the numbers.
We cant.. we just find some numbers

>>1628147
Well they still make a profit otherwise they wouldnt be hired.

>>1628175

LOL wat?

>>1628212

I think he's referring to the documentary. One of the guys is an oyster farmer, but I don't remember them saying he lost his sanity so he might be talking about something else.

>>1628005


>>It's about the mathematical geniuses who form all of the financial models ruining the world markets.

fixed that for you bro.

>created the chern-simons theory in differential geometry
>became a quant
>now net worth $8 billion

you mad

>Ph.d in math.

>>1628221
He quit his job as a quant because of the stress. He lost track of time, days, and even reality to a degree. Now he farms oysters.

>professor of computer science
>became a quant
>now net worth $2 billion

you mad?

>>1628156
How does it feel that Paris Hilton makes $5 million a year, and has a billion dollar inheritance?

How does it feel that dumb whore Jessica Simpson makes more than 99.99% of Phds?

>>1628147
Well, while I agree that many analysts are quite useless, some are very good at what they do. And people who are very good at what they do also tend to take pleasure in their work.

>>1628244

Jessica Simpson, like all celebrities, will obtain no peace in her lifetime. She also probably doesn't get to do what she wants and get paid for it. Scientists and Engineers are basically the only people who consistently wake up happy to do their job.

>>1628287
>Engineers are basically the only people who consistently wake up happy to do their job.

what about gay porn stars? I mean they do the same thing, right?

>>1628287
Are you really that stupid? First of all, most people don't depend on their jobs to find peace and happiness. Secondly, you can find people in almost any line of work that really enjoys what they do. Do you think a successful painter is any less happy with his work than an engineer? Fact is, there are miserable people in all fields of work.