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/sci/ - Science & Math

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3850356 No.3850356 [Reply] [Original]

so /sci/, what are ways to make research profitable?

I know we hate financing/economics and look at people who major in these as the scum of the earth (using science for evil), so why haven't we used this evil for our own means?

I mean, I want to do something with quantitative financing, but ultimately its just so I can learn the ins of the stock market to finance a research lab for alt. fuel/technology research, and try to finance the whole project off the stock market alone.

tl;dr version: how to make people want to invest in research as a major market

>> No.3850366

bamp? no takers?

>> No.3850371

>I know we hate financing/economics and look at people who major in these as the scum of the earth

Wow, way to project. Making money is not inherently evil.

>> No.3850388
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3850388

>>3850356
have a fantastic idea, work very fucking hard, and get to know the right people. And be convinced what you do makes sense.

>> No.3850412

>>3850356
Best way to make money via research is to invent a way to make an established process more efficient and patent it.

>> No.3850415

>>3850356
>I know we hate financing/economics and look at people who major in these as the scum of the earth
Calm down mate, we're not so bad.

With regards to learning quant skills in order to finance your lab... What exactly do you mean by "do something with with quantitative financing"? If you mean to become a quant and then turn back to science I'm afraid this will be more difficult than I believe you are imagining it to be. If you mean to just learn some finance skills for personal investment, then while this is a wise decision you will not successfully fund a lab this way without a good deal of luck.

If you do want to become a quant you should know that you'll need to dedicate at least as much time to it as you would to your research in order to have any success. In fact its quite implausible to believe that you could function as a quant in any real sense outside of an investment group as a member of a team. There is too much to quantitative finance to hope to just trade solo with your own money successfully. As I said you'd be better off learning finance and trying that way.

>> No.3850421

>>3850415
Oh I just realised you said people who major in these... I didn't major in anything finance related, I just work here. Still finance and econ majors aren't so bad.

>> No.3850427

>>3850412
Examples:

Genetic engineering technology
Oil field optimization
Mining technology
microchip manufacturing

>> No.3850439

>>3850415
I plan on learning all throughout my life. Once I have math out of the way, everything else becomes that much simpler.

Basically what would happen is I would use my models for my own investments. Once I work my way up the corporate food chain and can relax a bit, maybe even by having my own company and hiring people to do these things for me, I can start a research lab on the side and fund it with its own money.

I was just thinking about it earlier, nothing serious, but just a thought. It does sound pretty intriguing though: financing used as a tool for the advancement of science.

imagine if the financed-science-lab-thingy discovered intergalactic travel. interstellar stock markets!

>> No.3850454

>>3850439
>imagine if the financed-science-lab-thingy discovered intergalactic travel. interstellar stock markets!

Ah now I see. Troll thread.

>> No.3850481

>>3850439

You know that there's heaps of research companies that also invest, right? Not that innovative.