NT Quant
@NT_QuantQuant puzzles, research, and industry insights.
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Must Have Grad School Courses (1/n)
For every 10,000 struggling TA traders who are meditating, working out, and "finding consistency", there's an overweight portfolio manager in an NYC skyscraper snacking on Mc-nuggets smoking cigarettes' and banging 7 figure bonuses.
Quant Research Interviews: 70% Math, 20% CS, 10% Finance Quant Trading Interviews: 90% Math/Logic, 10% Finance (if any) Quant Developer Interviews: 90% CS, 10% Math
The reason scam trading gurus lean on technical analysis is because it's an easy sell for lazy people. It presents profitable investing/trading as an accessible skillset with a narrow scope of focus. Additionally, it's vague enough to keep losing traders on the hook for upsells.
Types of Quant Firms and Their Strategies (1/N)
Linear algebra is the one subject you will learn tons of times yet constantly forget.
Interview Prep Hack: Carry a probability puzzle book with you at all times. Throw it in your bag. Whenever you're bored, work through a puzzle. A great way to get those reps in.
Once a year I travel to a beach with good nightlife for a few weeks. I bring a math textbook with me. I crank out proofs in the morning, scuba dive in the afternoon, and party at night. Pure ecstasy.
A solid chunk of the Russian quants in New York dress like they're assassins. I'm convinced they're all doing it for the meme.
This book is a solid introduction to momentum strategies. It's targeted at equities but the principles of momentum translate to virtually any asset class. Highly recommend.
This is a very good probability puzzle book. I must say that the puzzles in here will be much tougher than most interview questions so if you crank some of these bad boys out - you'll be in excellent shape.
Time series analysis is a good start if you were formerly a technical analysis believer. It will give you the mathematical intuition to understand precisely why TA is garbage. Extracting stable signal from noise within a time series in the absence of covariates is no easy task.
Life hack, use notion to keep a running wiki of everything you know. The act of organizing all of your knowledge will train your mind for perfect recollection.
I highly recommend taking a course in combinatorial and convex optimization. You will suddenly notice an endless number of problems that you can solve.
People who complain that being a quant "doesn't do enough good for the world" miss the point. Being a quant is similar to being an athlete - you compete for the sake of competing. You play because you love the game.
Most people who complain that school didn't teach them how to file taxes are not in a high enough bracket where that should be a concern.
A portfolio manager at a $1 billion AUM fund will say implementation is easy and strategies are everything. A portfolio manager at a $100 billion AUM fund will say strategies are easy and implementation is everything.
Bayes Theorem. One theorem. Many applications.
Free edge. I can't say enough good things about this book. This book got me my first quant job. 99% of candidates fail basic regression questions.
It takes longer than one might expect to master the bare-bones basics (Probability, Linear Algebra, Statistics) but once you have these subjects down cold, the more advanced topics come rather easily.
United States Trends
- 1. $MAYO 10,8 B posts
- 2. Tyson 404 B posts
- 3. Pence 46,5 B posts
- 4. Dora 22,7 B posts
- 5. Kash 76,9 B posts
- 6. Laken Riley 45,2 B posts
- 7. Mike Rogers 11,2 B posts
- 8. Debbie 20,1 B posts
- 9. #LetsBONK 7.504 posts
- 10. Ticketmaster 17 B posts
- 11. Gabrielle Union N/A
- 12. Pirates 19,6 B posts
- 13. Iron Mike 16,9 B posts
- 14. #FursuitFriday 15,8 B posts
- 15. Cenk 11,8 B posts
- 16. Whoopi 62,6 B posts
- 17. The UK 441 B posts
- 18. Fauci 179 B posts
- 19. Mr. Mayonnaise 1.458 posts
- 20. Scholars 10,8 B posts
Who to follow
-
BlackSwan
@BlackSwan_ptf -
Vertox
@Vertox_DF -
Umbra Research
@UmbraResearch -
Stat Arb
@quant_arb -
HangukQuant
@HangukQuant -
Piotr Pomorski
@PtrPomorski -
Nik Algo
@nik_algo -
SpreadFighter
@spread_fighter -
QuantSeeker
@quantseeker -
jeff.hl
@chameleon_jeff -
Liquidity Goblin
@liquiditygoblin -
Euan Sinclair
@SinclairEuan -
TaiwanQuant
@TaiwanQuant -
Quant Beckman
@quantbeckman -
major
@xmgnr
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