Well.. I see my pink slip coming

Quote from 4DTrader:

Are you responsible, partially or wholly, for the loss? It seems you have spent your time at the wrong place. ET is for day traders, hedge funds use long-term strategies.

I'm not a trader. (Although I will be pursuing a trading position in my next job)
 
Quote from Thermactor:

remember, my friend, that AE=C+I+G+X(n) and MV=PQ

don't forget to carry the 1,

divide by 3.5,

add back in the differential sub-equation of the substantive tax bracket of the least squared average of the pool,

then subtract 3, because its a round number
 
Quote from taclander:

Does your firm primarily trade using Quant developed programs?

Does your firm rely on computer programs developed by Quants who have no clue of trading? :p
 
Quote from demoship:

My hedge fund has lost about a third of NAV.. I don't know if the investors were told yet. It sucks, big time, especially since the job market is contracting right now..

I don't know the management's plans yet, whether they're in the process of liquidating or what not. All I know is we're down big, and lost around a third of capital, and I heard about enough hedge funds liquidating after 25 - 35% losses to have legitimate concern about the fund blowing up.


unless you haven't noticed, most of us are entrepreneurs of the highest order...

we are independent, and also partners within structured trading houses...

we kinda look down on you employed types, looking for a handout...

we're what the firms refused to promote, and we rose to compete with those firms, so so much for their decision making abilities.....obviously dysfunctional....

so, unless you have taken an Entrepreneurship class in B School or lower grade classes, or unless you're packing heat, then its time to consider your severence as your introduction to the lives most of us lead....

ready for the challenge? or still need the nursery (inside some company?)
 
Quote from traderNik:

Really?

Yes, really.

If you have $2 billion under your management, it's impossible to day trade. The time frame gets longer as the size of the fund gets bigger.

I know a fund "invests" in New Zealand forests=timber.
 
Quote from limitdown:

unless you haven't noticed, most of us are entrepreneurs of the highest order...

we are independent, and also partners within structured trading houses...

we kinda look down on you employed types, looking for a handout...

we're what the firms refused to promote, and we rose to compete with those firms, so so much for their decision making abilities.....obviously dysfunctional....

so, unless you have taken an Entrepreneurship class in B School or lower grade classes, or unless you're packing heat, then its time to consider your severence as your introduction to the lives most of us lead....

ready for the challenge? or still need the nursery (inside some company?)


Great post !!!! roflmao :D
 
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