@BruceWayne-cz8ds
🎯 Key Takeaways for quick navigation: 00:00 🤖 A quant, short for quantitative analyst, works with numbers to develop and backtest strategies to make money for a firm. 01:11 📈 A quantitative developer collaborates with quants to implement their models and algorithms. 02:22 🧮 Technical skills for a quant include mathematical proficiency, education in math or finance, understanding trading concepts like option theory, programming (often Python), and computer usage, including Excel and Bloomberg terminals. 05:36 💼 Quants not only create models but also actively trade based on those models, managing portfolios of instruments. 06:04 🧠Soft skills for quants include a trader's mentality, risk-taking ability, an innovative mindset, and comfort with failure. 09:25 💰 Quantitative analysts can earn between $125,000 and $500,000 per year, with bonuses based on their model's contributions to the firm's bottom line. Made with HARPA AI
@jamestogher1098
Love your videos, packed with information, no bullshit, and sneaky funny. Prob my favorite Youtube account at the moment.
@thealmightyfather7047
You are doing good my child. Keep it comin.
@excelsior_997
So, what do they need exactly? From the video, I get an idea that they should be good with - Python - Data Analytics - Machine Learning - Git and Version Control - Mathematics Am I missing something? Is the list superfluous? Tell me!
@Thegiant4296
As a quant you’re backtesting strategies that are mostly based on finding anomalies which most likely comes from technical analysis. However you’ve created a video disagreeing with TA and how it doesn’t work. So why would your firm backtest these strategies that require some degree of TA.
@FireWalqer
Great video! Thank you for explaining it; it makes a lot of sense now.
@ritwikganguly5382
how much does a quantitative developer make generally? What about developers at the top of their field? 10 years down the line? What's the compensation difference between analysts, traders, and developers? What's a ballpark number of your own salary(if you're comfortable with that)?
@daffertube
The man, the myth, the legend.
@antoniorobles8302
Thank you for explaining this man, we appreciate it
@christmas10023
AWESOME VIDEO YOUR AWESOMENESS if only genius could be taught
@bouzie8000
Great video! Is there a version of this video for the quantitative developer? You alluded to making one. I am very curious on the skills and learning path, interviews and the pay structure (particularly bonuses). Because if you are tired to the models the quant analysts/researchers make, does that mean your bonuses are dependent on them as well? Since you're not creating any models yourself
@altaboy97
Whooo! In before famous.
@yuanfeng7266
I have a Masters in Financial Maths from one of the top 10 universities in the world. I graduated in 2019 and I've been applying for Quant positions for 3 years. In the past 3 years, I've attended 30 if not 40 final stage interviews but nothing came to fruition. I feel like I'm the only exception in my Masters class. Do you think the interviewers have biased opinions toward those great but not genius graduates? If not why do I continue to fail? How many more years do I have to endure to get that entry level job? I feel like I have a little bit Aspergers, with a tested IQ of 132. Can I still have a shot?
@EE-xp8ig
Hey JC, I am a Math/Stat + CS ugrad. I was wondering if a MS in CS is seen in the same light as a MFE & MS in MathFin
@manishrao2707
Great.....Sounds Interesting to me as a Quant aspirant
@nouhailakhalil5905
I love how you are explaining this !
@ugwusomto
You really are coding jesus for real 😆 -- nice video
@bearsfan4lyfe
No need for c++ really, with tools like Numpy where it converts Python to C at runtime provides roughly the same performance with far fewer lines of code and no memory issues. C++ still has a place in programming just not really quant imo.
@cuongly2517
Hidden gem! What resources do you recommend to practice / improve soft skills?
@Utsavdave_01