Search results

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    Starting a hedge fund.

    What products does the fund plan to trade in?
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    Hey, are you taking the Probability Seminar also?

    Hey, are you taking the Probability Seminar also?
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    New Quantnet forum software

    I have to agree. I think the new layout and functionality add value. But the previous background (or any other dark background) is much easier on the eyes for extended reading. Some iOS developers get this, for the example, on the Bloomberg App for IPhones and IPads, the default background is...
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    Financial analyst - opinions?

    But if they are really making stuff up, how long could they possibly last? At the very least, they have to add value a decent amount of the time, otherwise, institutional investors, who are probably a bit more sophisticated than in your scenario, would stop buying on this analysts...
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    Financial analyst - opinions?

    I think that if this is your attitude toward the role, then it is most probably not an appropriate fit for you. In my opinion, an analyst can be very good and add value, but this obviously is not always the case. (Just in the case of money managers, while the average money manager might not...
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    Black Swans of 2011 ?

    Yup, you guys are right, Apple buying netflix is, at least now, most definitely not a Black swan in the strict sense. Gleacher Co. analyst says Apple should buy Netflix | New Mexico Business Weekly
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    mfe hopes from low tier undergrad

    I don't think the brand of your undergraduate school is going to significantly impact your chances. If you have a very strong GPA in an appropriate major, strong test scores, and you communicate that you were in an honors program on full scholarship I think you should be fine.
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    mfe hopes from low tier undergrad

    Rutgers? For the record I think Rutgers is a fine school, just curious.
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    gre score

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    Black Swans of 2011 ?

    Apples not going to buy facebook. Unless Steve Jobs dies, Tim Cook leaves, and someone clueless becomes CEO. Apple has been relying on content and consumer devices to derive immediate revenue. They have always been prudent and strategic with acquisitions. The day they buy facebook is the day I...
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    Baruch MFE How to take courses without taking the MFE program?

    This might be of interested to you: Do you want to learn Stat Arb/Quant Trading?
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    PhD is a waste of time

    Id be interested to see how much the premiums are for business and financial PhD's.
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    Interview Questions at JPMorgan Sales and Trading

    :D This made me laugh.
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    Interview Questions at JPMorgan Sales and Trading

    I'm lazy about the math so I'm going to be honest and tell you I didn't think through your infinite sum, but according to wikipedia the PV of a perpetuity with continuous compounding is (\frac{A}{e^r-1}) If you want we...
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    Interview Questions at JPMorgan Sales and Trading

    That was a point I was trying subtly (or rather not so subtly) to get at earlier.
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    Interview Questions at JPMorgan Sales and Trading

    From a more intuitive standpoint, all pay the same total payout, except the 2x option is paid out more frequently, if interest rates are positive wouldn't this always be most desirable since we can reinvest earlier and more often? It is like comparing Bonds with different frequencies of coupon...
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    Interview Questions at JPMorgan Sales and Trading

    This is an example where what would normally be though of as a "technical" question can also function very much like a "fit" question. If you were interviewing at an S&T desk with a bunch of sports junkies and former college athletes, the above approach, although possibly correct, could signal...
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    Interview Questions at JPMorgan Sales and Trading

    I think it is possible we are both trying to answer different questions. I think there are a few different ways to interpret the question as posted. I was trying to answer the following question: You are offered three different salaries: 1) a salary of x for year 1, where your salary doubles...
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    Interview Questions at JPMorgan Sales and Trading

    e isn't one of the choices. "1) I can pay you twice your money every two years, three times your money every three years or four times your money every four years. Which option do you choose and why?" Remember, this is an S&T interview, not a quant position (correct me if I'm wrong), and the...
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    Interview Questions at JPMorgan Sales and Trading

    I think the question is a little vague. If it is to be understood as a salary than triples/doubles/quadruples then you need to take into account income over the total period. If it is understood to be an investment whose proceeds you can continually reinvest, your approach is valid. There is...
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    Interview Questions at JPMorgan Sales and Trading

    What we're comparing are the areas under different step functions. A spreadsheet will show u 3x overtakes 2x on and after 15 years. Another way to look at it is comparing annualized "growth" rates. 2^1/2 = 4^1/4 < 3^1/3. But since we are really comparing the areas under two step functions, not...
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    Interview Questions at JPMorgan Sales and Trading

    You definitely wouldn't choose 4x every 4 years, because 2x every 2 years is equivalent to a payment of 4x every four years with an extra payment in between each 4 year period. So its between 2x and 3x. This should depend on how long the stream of payments are. If it is only 6 years, then 2x is...
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    Columbia University MS in Financial Economics

    I found a link to the resolution that created the program and it adds a little more color on the nature of the program. MS in Financial Economics resolution
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    Need a guide as my chance is 0

    Completing a math major full time with that GPA while working 2 jobs 40 hours per week is more impressive to me than simply having attended an brand name school. It seems your biggest weakness is your confidence, not the brand of your undergraduate school. You might want to consider taking the...
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    Quantitative Easing (QE2)

    I think the wealth effect is very real, and QE2 will be effective in stimulating the economy in that regard. Will it bring the unemployment rate back to 5%? Probably not, but it could help keep the recovery on track by instilling confidence. The movement in gold and long term treasuries show...
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    "MFE program profile evaluation" master thread

    How to proceed forward Here are my current stats: Major: Economics Minor: Mathematics GPA 3.93/4.00 Math & Econ GPA: 4.00/4.00 Hunter College CUNY Math courses: Calc I, II & III Linear Algebra Ordinary Differential Equations Probability Theory (audited) Quant Econ: Statistics for Economics...