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Re:Dorm living for professionals comes to SF
by stagbeetle on Monday March 05, 2018 @01:07AM
(#16519096)
The topic was tech careers. I don't believe Citadel does any algo/prop work that could fall under the umbrella of tech. Off-topic: I'm from the East and #FreeMadix
Re:Dorm living for professionals comes to SF
by freejulian on Monday March 05, 2018 @01:14AM
(#16519127)
You’re just in denial now, you’ve clearly had plenty of the Valley’s koolaid. It’s hilarious that you don’t think the worlds largest market maker isn’t doing “algo/prop work that could fall under the umbrella of tech.” Don’t be afraid to leave your bubble.
Re:Dorm living for professionals comes to SF
by stagbeetle on Monday March 05, 2018 @07:59AM
(#16520704)
What a twist of fate. I find myself holding your exact same thoughts, but yet I try to mimic the community and "fit in."
All I'm saying is that Citadel is no Rennaisance. It's not LTCM or Medallion. Maybe it's like Boston, but sure it ain't as beneficial as the valley. If there were spoiler tags, I would tell you what I really think, but I don't want to be a Pats fan at a Steelers game.
Re:Dorm living for professionals comes to SF
by freejulian on Monday March 05, 2018 @11:24AM
(#16522075)
I mean, Citadel is far more secretive than any of the companies in the valley. Just because you don't see the innovation doesn't mean it isn't happening. Citadel pays salaries on par with the valley and is widely respected in the hft space -- it's a very good place to start a tech career.
Re:Dorm living for professionals comes to SF
by stagbeetle on Monday March 05, 2018 @12:31PM
(#16522648)
Then the next question is, how are you supposed to start your career if you don't know about it? I half kid, but it's neat to hear. I haven't been a part of the buyside for a while, so it's more than likely Citadel's gotten some internal clout in the quant scene since them.
The only thing the valley has going for it is the saturation of talent and people who hire talent. The bad, is that without it it's got nothing to really show for itself (save a few niche items). The good, is the lack of any other notable qualities is overshadowed by the overcompensation of the only ones it has.