News for hackers. Stuff that matters.

A comment on Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff. Parent comment

Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by menaerus on Tuesday January 28, 2025 @04:03AM (#42850295)
People developing statistical models that are excercising the financial market at scale are the quants. These people don't come from financial degree background.
[ Parent | on HN ]
Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by WJW on Tuesday January 28, 2025 @04:58AM (#42850642)
By and large they don't come from a software development background either though. It's all math and physics PhDs.
[ Parent | on HN ]
Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by menaerus on Tuesday January 28, 2025 @05:05AM (#42850676)
Exactly. My point was rather that (formal) financial degree background isn't quite the necessity. Quite the contrary in practice I think.
[ Parent | on HN ]