what's the best part/wost part about being a quant?

kram · Post by **kram** » Sun Dec 09, 2007 8:42 am

Hi everyone,

I am currently considering taking a job offer as a quant analyst from a stat arb hedge fund. I am fairly new to this field, so please bear with me with my ignorance. To sum it up, I'm considering dropping out of my PhD from a top tier computer science program to join a HF.

I want to get a feel of how it's like to work there, so my question is simply -

what's the best part/wost part about being a quant?

to phrase it in a slightly different way...

why did you get into this field?

I asked the folks at the hedge fund where I got the offer, but I was afraid they're painting a rosy picture on purpose to get me to join. So a different and honest perspective is much appreciated.

Thanks guys

jungle · Post by **jungle** » Sun Dec 09, 2007 4:10 pm

why did you get into this field?

There is a thread on this topic. Think it was started by Bachelier (?). Hopefully someone else remembers the title.

rod · Post by **rod** » Mon Dec 10, 2007 4:35 am

kram,

Some threads worth reading: [url=/Show%20Post.aspx?PostIDKey=64831]this[/url] one, [url=/Show%20Post.aspx?PostIDKey=39814]this[/url] other one, and (last but not least) [url=/Show%20Post.aspx?PostIDKey=103721]this[/url] one.

PS: kram, are you Swedish btw? Do you know what "kram" means in Swedish?

[EDIT: in Swedish, "kram" = hug. Nothing very intellectual, I know. I learned this word from some Swedish honeys I used to know, and who always finished their emails/postcards with the word "kram". It's a nice word to know if you wanna impress some Swedish chicks, lol]

Bachelier · Post by **Bachelier** » Mon Dec 10, 2007 9:09 am

yep, but it is tangential

[url=/Show%20Post.aspx?PostIDKey=40201]https://nuclearphynance.com/Show%20Post.aspx?PostIDKey=40201[/url]

kram · Post by **kram** » Mon Dec 10, 2007 4:27 pm

thanks rod!

sorry for repeating questions that had been discussed before. i was afraid something like this would happen...

ps: no i'm not swedish..and i have no idea what kram means. is it a curse word?

pj · Post by pj » Mon Dec 10, 2007 4:51 pm

> is it a curse word?

No, it isn't

AndyM · Post by **AndyM** » Mon Dec 10, 2007 5:06 pm

Best part: loadsamoney.

Worst part: Having to work with people who gravitate towards loadsamoney.

FDAXHunter · Post by **FDAXHunter** » Mon Dec 10, 2007 5:32 pm

I'm not a quant. That's the best part.

pj · Post by pj » Mon Dec 10, 2007 5:44 pm

> I'm not a quant. That's the best part.

For quants?

Bachelier · Post by **Bachelier** » Tue Dec 11, 2007 12:19 pm

aside from $£E

smart people tend to be weird and interesting.

weird = entertaining

interesting = fights boredom.

the true enemy in life after you defeat terror is boredom.