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My currently employing company is currently losing $10 million a year to a sever-side, algorithm development, former contractor. Know what that means? Never again.

Say I got this potential deal: trading system that makes 30% per year at a >= 1.5 Sharpe ratio (ideally > 2). Problem: in order for this system to exist, someone HAS to program it. Now if you understand the least of how this world works and how hard it is to come up with such a thing, you may...

Not in Europe, not.

I'm fucking sick of cleaning the crap after imbeciles but there's no other choice in sight unless I win a lottery ticket, which I play heavily (in a figurative sense), as in to increase my chances from zero to doubling them compared to just passively buying a ticket. That is from 0.1% to 0.2%...

Writing new code is like shitting crap on the toilet. Doesn't make you (the programmer) a genius, only not constipated. Maintaining that code, or in manager jargon "the easy job of adding the final touches" is a task that any decent person who CAN choose between a janitorial job and freedom...

Overall the thing I realized is that this world is made up of very, very, extremely imbecile and retarded beings. Just the mass of "alien" lifeforms on this Earth (archaebacteria), so different from even the bacteria in your yoghurt as coming from other planets is conservatively estimated at...

One think I noticed is that finance companies when hiring guys (quants) to look for alpha, overwhelmingly hire from the pool of recent grads. Even my contact with the world of $100M+ used to work in such a research position along others in his early 20sh years old, obviously they found nada and...

Don't wanna blow yer confidence but we (my current employer company that is) is so close to winning a multi-trillion dollar contract. In tech, not finance, unfortunately. But I can still make 1000x of what I have today even if things don't go all roses. So keep that in mind. Yer net hiring me...

Right. What I'm selling was as far as I know invented in UK, yet has a worldwide potential (and beyond). Don't look at those insignificant guys from EE who are gonna change the world because that's not possible in the first place, too big of a world to change in the first place!

If you aren't familiar with office politics and still (need to) go to an interview, ramp-up quickly here: https://www.ribbonfarm.com/2009/10/07/the-gervais-principle-or-the-office-according-to-the-office/ . Short summary: the currently accepted office politics theory says there are three layers...

Didn't realize how big America (colloquial name here for the United States) is until I looked the size of my country there and realized it's only the obscure state of Kansas. Apart from the Wizard of Oz there and Dracula here, who ever mentions these states in a regular conversation? Before...

>> All this because in EE the free market kicked in and did it's thing, forcing employers to compete for talent while German companies artificially cap salaries to fixed grids while complaining there's a talent shortage and pushing for immigration instead of wage increases." Also I'm probably...

Best sort algo to my knowledge is quicksort, with complexity O(N * Ln(N)). It'd take time to implement it myself but I can do it just "remembering" how it works, however if I were to quickly implement something I'd go for the "natural algo". Start at first array element, find the mininum element...

These sort of questions were all the rage some 10-15 years ago but have now fallen out of favor. Think 1970s Afro haircuts or 1980s dressing style. So don't worry, this sort of bullshit questions isn't asked anymore but as with fashion, bullshit always finds a way to dress under a new form.

Well depends on what position. For a grunt position, I would expect the candidate to show a deep knowledge of thermodynamics, law of conservation of energy etc... it's a physics problem solvable at high school level. But a manager is not concerned with this sort of low level stuff so yeah...

Thanks. $240k / year every year that passes. A very socialist 35% to the state, 50% of the rest in consummer needs and I'm still $1.5M beyond target savings. So whatever deal I struck with them, you now know that takes this into account.

Anywayz, these guys employ "researchers" to look for "alpha". There's hardly a hard mention of the contracts they sign apart from the fact that they get "a portion" of their invention. And as a developer I wouldn't even be recognized as a "researcher", already have a very negative experience...

At the moment I've got a well paying job (above average developer salary in Germany / Sweden and well over UK average by the way) but still embarrassingly below US average according to this statistics: https://www.daxx.com/blog/development-trends/it-salaries-software-developer-trends-2019 The...

Thanks but I'm 20 years out of school so that's why I'm saying, things will go a bit different on this interview.

On Monday I'll interview for a quant developer position with a $5B hedge fund. Would like to polish my discourse here by running a few versions through the wisdom of ET's select crowd :) Might ask the admins to delete the thread eventually but I'm also comfortable with it staying in the open...