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Re:What the interns have wrought, 2020 edition by 909832 on Tuesday August 25, 2020 @11:52AM (#24272590)
Does Jane Street and similar firms hire Math or CS PhDs with backgrounds in theory?
Re:What the interns have wrought, 2020 edition by Smaug123 on Tuesday August 25, 2020 @01:48PM (#24273956)
I'm not at Jane Street, but at G-Research (also quant finance). Much as a joke goes which I first heard in the Effective Altruism sphere, our quants come from all kinds of backgrounds: their PhDs are in fluid mechanics, statistical physics, pure maths, you name it!
Re:What the interns have wrought, 2020 edition by kyawzazaw on Sunday August 30, 2020 @09:53PM (#24327787)
how easy do they switch to Quant finance? I don't know anything at all but it seems like an entire new field to learn.
Re:What the interns have wrought, 2020 edition by throwaway0a5e on Tuesday August 25, 2020 @12:25PM (#24273027)
Yes.

The one small firm that everyone in the industry has heard of is basically all phd guys screwing around with theory and execution and getting filthy rich in the process.

Re:What the interns have wrought, 2020 edition by awake on Tuesday August 25, 2020 @01:08PM (#24273517)
How about design or other backgrounds such as hci?
Re:What the interns have wrought, 2020 edition by fractionalhare on Tuesday August 25, 2020 @11:59AM (#24272674)
Yes.
Re:What the interns have wrought, 2020 edition by tony_goobret on Tuesday August 25, 2020 @12:06PM (#24272764)
What do the math or CS PhDs do at Jane Street? I don't know much about trading so I am curious.
Re:What the interns have wrought, 2020 edition by nwsm on Tuesday August 25, 2020 @12:17PM (#24272922)
If you're interested enough, read Gregory Zuckerman - "The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution" (2019)

The first half of the book goes over the academic history of quant trading.