Do you have a dumb question that you're kind of embarrassed to ask in the main thread? Is there something you're just not sure about?
This is your opportunity to ask questions. No question too simple or too silly.
Culture war topics are accepted, and proposals for a better intro post are appreciated.

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Notes -
Get used to being triggered. Quantitative Finance is famously ruthless and will chew out anyone with an ego.
If you think this sub talks about humans in a dismissive manner, wait till you meet someone in Quant. Quant alongside top AI-startups are the 2 most sought after jobs in the tech industry. They get 100k+ applications. They use ruthless high-pass filters before they begin to read resumes. Pedigree, prestige, track record....call it what you want, they serve the purpose of bringing a 100k applications down to a digestible hundred that are worth looking at.
So a white Christian whose religion tells him that lending money and working with derivatives is a sin ? (/s)
You're putting words in the GP's mouth.
The market converges to an efficient state given enough time. That time become near infinite if there is low discoverability, which is true for non-conventional candidates. Hell, Quant relies on the assumption that the market is always temporarily inefficient. And exploiting those inefficiencies is how you make money.
There are 2 ways to get noticed by Quant.
Conventional - Ladder climb - Ruthlessly compete in a crowded field of elite candidates and consistently come out on top. This is the prestige path. Get into an ivy and out-compete fellow smart kids in math. Win math & coding competitions. etc. If you are in front of the line, you become the boring and obvious choice.
Unconventional - Be interesting, be visible - This is a 2 parter. First, do something that makes you interesting. eg: Run your own backyard trading strategy and make $$, win big on prediction markets, be a world leader in an obscure nerd only card-game, make an open-source tool that all the trading people are using, etc. Alongside that, you also need to be visible. Find a way to get your face in front of Quant people (recruiters, employees, etc). If you are interesting enough and visible enough, they will give you an interview. This is the back door. It combines some unconventional excellence with network.
The paths are well defined. if #1 isn't for you, then do #2. If not #2, then idk what's left.
I am not sure coding is going to be around for much longer
No, he insulted my pedigree by insinuating I don't have one. If you look up the definition of pedigree, it's an insult to blood. I'm sure he meant school but that's almost as bad, especially by repurposing that word.
Ruthless or just incompetent? If test scores aren't a part of your "ruthless" filter, you're just doing DEI for striver kids at that point.
So they are just lazy and incompetent? Maybe I don't want to work with them then.
https://www.biblegateway.com/passage/?search=Matthew%2025%3A14-30&version=ESV
Is it really this bad? I can try to kind of do 2 but I'm not going to do anything I don't enjoy that isn't profitable. I kind of assumed a smaller form with some competent, legacy American hiring managers would be smart enough to interpret my résumé correctly.
Whining about the hiring practices of highly profitable and successful firms in a cutthroat industry because they won't give you the time of day is a very bad look.
It's silly to think the correlation between hiring competence and profit is 1. Or even over .70.
If hiring the right people has little relation to making money, I don't know why you think they'd care about your GPA.
Do you think hiring is the only factor in firm profitability?
No. But if you're hiring the wrong people, I don't think you will become a successful quant firm.
How successful do you think a firm that only hires people between the 98th and 99th percentile would be?
I expect they'd get their lunch eaten by the firm hiring 99th to 99.9th percentile talent.
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