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Oh my god... http://www.google.com/search?hl=en&nocalc=1&q=+48/2(9+3)

Guess so! That's interesting. I'll certainly be experiencing an interesting dialect next year. Gotta practice my "yinz"-es for pittsburgh :P

I'm in the US and I always use "I'll be visiting him." Same with everyone I know. Did you flip the two?

Wallstreet Oasis really dissapointed me though. In particular, there was an ardent "2" support called manbearpig... he's an MFE. At least he used group theory to support his flawed argument.

Use a graphing calculator :P But I would hate to see these people try to figure out Reverse Polish Notation >.>

At least they would get the right answer >.>

We have to step up education then!

First grade multiplication is nuclear physics? No, it isn't. I understand if I asked an illeterate person in impoverished Africa and they couldn't answer, but seriously, anyone who's been through school needs to be answer something like this...

None of you guys is disturbed by this? :eek: Btw cool "Users who have read this thread" feature, Andy.

Hey quantnet! What's 48/2(9+3)? 288, right? That's 1st grade math... http://forum.bodybuilding.com/showthread.php?t=133389973 http://www.wallstreetoasis.com/forums/48÷293 The first thread actually had a poll and 2 won by a slight majority...

But when he does, he gets fired. Reminds me of one of my internships. Was working on an oil price database and had to code a program to delete bad prices (it was more complicated that that, but that was the gist.) Obviously I needed to test in test. I asked my fellow intern for the connection...

"Bagging" a prize is used in America as well, but it is coloquial... not to be used in an admissions essay :)

I remember that thread! Other than a bit in your post, we never did answer his question, haha.

3 is unsolvable... there's a correlation of .5, not 1. You can give a confidence interval for Y, if that's what you want...

When I try to get the Youtube video to work, only "7262d510.jpg" pops up. ANDY FIX QUANTNET AND YOUTUBE PLOX lol

It could be their idea...

I can pay it off, and I'm penny pinching myself, but reasonable. Just takes more time.

April 1st is April Fool's day.

They're willing to cosign, but not explicitly take on loans.

To be fair, Ilya was being picky, i.e But it's Gollini who says I can pay off the loans in two years... I myself don't think that's feasible.

Stafford loans have limits. We use 'em up. Pell grants I'm not poor enough for :P And PLUS loans aren't something my parents are willing to do - *I'm* the one taking on the loans. Thanks though!

How much do you think I'll be making out of college? How much do you think it costs to live in NYC?

Ok two years might be a bit too ridiculous lol...................... I don't want to literally live in a cardboard box while eating street rats... NYC Cost of living is high.........

Did someone move this post from another thread? What's going on... lol... EDIT: Oh geez... just took a look at the "Members" page... *shudders*

So much Justin Bieber... is there a rhyme or reason for this madness?

Just out of curiosity, is there any private lender which offers a fixed rate on student loans? Thanks!

Yeah, the hard part is the seed money...

:)

True. Thanks for all your help though through the UMD process :)

I've visited CP 3 times as a prospective student and even more times for competitions and I never liked the surrounding area. The campus itself is ok albeit rather dirty. Not gonna lie though - CP has great academics and of course is cheap which is what prompted me to apply in the first place :)

Also, I never said that UMD is dangerous. It isn't, especially not during the day. I just don't like the feel of the campus (not because of safety). For lack of a better word, it's gloomy for me.

Happy - Support Illini - Initially not supportive of CMU, but with this new finaid offer, supportive. TraderJoe - Sort of ambivalent Good internet stalking skills Andy ;) (jk)

Yes. The part of pittsburg CMU is in is very nice. Second of all... even industrial pittsburgh looks kinda nice by comparison. This is a decent part of college park: http://www.lavozlatinaumd.com/wp-content/uploads/2010/12/college-park.jpg It just seems so gloomy to me... I'm not saying it's a...

Because you gotta admit the area outside campus looks pretty shady...

I'm not saying it's (overly) dangerous, I'm just saying that's the vibe I get.

I've vistited Maryland quite a few times, and didn't like the feel at all. That was a major factor why I didn't just choose the cheaper option. As for CMU, I loved it - both the school and the city (I cannot say the same for College Park, which is basically a ghetto.) Just got financial Aid...

This thread is months old.......

Step 1: Realize that I am just kidding around. Why would I care if I am in a newspaper? Why would I care if someone disses me over the internet? Obviously, I am just being sarcastic. I'm sorry if it doesn't convey well over the internet. Step 2: That's basically it.

Ouch... :(

Wouldn't want to. Although if I did, pretty harsh considering I'm still in high school ;)

I admit I haven't learned about it. Hey, I never claimed I was a genius :p EDIT: Ew... topology...

Bad news everyone. I was officially accepted into Carnegie Mellon's math and business programs. So now I actually have to decide D: It seems to be a tossup between Carnegie Mellon and Maryland... I think Baruch isn't worth it (for UGrad) What to choose, what to choose.........

I only learnt div, curl, and gradient at age 15. :(

I learned calculus at age 14... is that too old to be put in a newspaper... :(

Well, ok, it's a good school - but not enough to merit the sticker price.

Oklahoma State - they're both not top schools, so increase ROI by decreasing the actual investment amount...

The thing is, is it really worth the money? I need to take on a lot of debt...

Isn't that what you basially suggested the first time :)

Thanks guys, other thoughts?

Nothing I don't know =| As for full scholarship, I do, but it doesn't cover room/board.

Hey there, Quantnet! Alright so I'm almost through getting my college decisions. Now, help me choose where to go :D Baruch Macalulay (Full-Ride) - So about 10-15k a year. University of Maryland Scholars (8k/year Presidential Scholarship) So about 0-12k a year (0 if I choose to live at home) -...

EDIT: Ok, I finally found a non-satirical one. This person actually wants to get into harvard. Check out his writing skills. http://talk.collegeconfidential.com/harvard-2013/951121-will-good-enoguh-harvard.html To quote the last poster,

Lol, this thread is like half a year old... I got into Baruch, (Macalauy, so it would be free), but I doubt I'm going. So far: Baruch - Accepted with full ride (Macaulay) University of Maryland College Park - Accepted with In State Tuition and Presidential Scholarship (8k a year) University of...

So if I were to release two intermediate versions, would I be a boss?

I don't care what they remove as long as they still have "Hello World"

The worst is a full-scale meltdown of the reactors caused by overheating, which would release much larger amounts of radiation into the air than has yet occurred. In that case, the damage could potentially approach the level of the Soviet Union's 1986 Chernobyl disaster, for which estimates...

Your argument is non-sensical... it's not about the semantics at all. Your first point was "because joe average poker player (i.e me) can't calculate hand odds." So what? The same is true in investing. The average independent investor doesn't understand what's going on. Institutions do...

@Andy Nguyen Turns out it's a fake: http://www.bbc.co.uk/news/technology-12745128

I hope your friend is alright, Andy. Same goes to anyone who has a freind/loved one in Asia.

This is exactly what I was thinking of -making a genetic-algorithm based neural network as in http://www.cs.nott.ac.uk/~gxk/courses/g5baim/papers/checkers-002/TNNKChellapillaAndDBFogelText.pdf The issue is that such an evolving algorithm only plays against bots rather than other players, which...

Did you notice his occupation is also Kwant daddy?

I'm sorry, I don't quite understand what you said there :confused:

The appeal of bots isn't their mental capacity to make decisions, but rather their capacity to play on multiple tables at once, thus making more money.

Ttsone, I've been playing poker recreationally for a while, and if you want to make this Bot just as a side project for fun, I'd be willing to do it.

We were joking around, yes.

We pretended nothing happened. Seriously. The government didn't warn Citizens at all (yes, I am Russian.)

Interesting spelling (not sarcastic, just legitimately piqued my interest) And hope the level doesn't escalate further :/

:(

What if we have a really realistic-looking ID? Jk

The iodine isn't an issue, since administrations and organizations such as the WHO have issued reports not to buy iodine tablets.

How are Bots like insider trading? Bots don't have any infomation that other players don't. They just do mental math better and are unemotional.

That's what I was thinking too - but then your poker site will have less demand. It may not be worth it.

Or even easier, every hour or so (random time is best) a captcha could be used.

.allirrog drow eht htiw dnopser esaelp ,siht daer nac uoy fI ^Are you telling me that it is not too difficult to interpret that sort of message? Gorrilla can be replaced with something along the lines of the result of 2+2, or as suggested, the state of the game (i.e the last card dealt) - all...

Link is good regardless :) Thanks.

Out of curiosity, where are you getting information about the ambassador whereabouts?

They weren't in high school though =P I'm still working on the leads I had but there's no guarantee of anything :(

If only this magical place could land me an internship. One can dream, right? :rolleyes:

No, Andy, the minimum to start there is 0! Completely risk free! Silly :)

not enough digits/following for euler constant day :3

Wow, well done!

Haters gonna hate :3

3/14 !!!!!!!!!!!!!!!!!!!!!! I can't believe I'm the first poster on this topic. :eek:

Can you be more clear on the order of the player scores?

Elegant.

Nevertheless, I wouldn't be surprised if the majority of bots have poor odds. There are a lot of variables in poker to consider - and if you want to have better odds than the other players, you have to analyze their playing styles.

If you're smart enough to make a _winning_ bot. Note that "More than 90% are losing money." I wouldn't want to have those odds algorithmically trading.

Hey Andy, is it just me or do you keep changing up the smiley faces?:eek:

How long does it take for me to obtain a job though? :p

If you want a real challenge, try Security Analysis, also by Graham =)

Ok! That's a lot more reasonable. There's kind of two things you can be looking at if you're not interested in the simple long-analysis. There's market neutral investing which you can look into; additionally, you may find option spreads interesting although it's not pure equity investing...

DON'T. (SERIOUSLY.) It looks horribly unprofessional and will be useless on your resume for all but perhaps prop-trading where you don't even have a salary. That being said, trading isn't really something individual investors should be doing... it's a negative sum game thanks to those nasty...

I did google, but all I could find was relatively outdated information. This is a bit better than I found but I was wondering if there is something even more recent. Thanks though!

How much does Institutional volume account for stock exchange volume? That is, what percentage of daily exchange volume is accounted for by institutions. Include sources if you can =) Thanks!

Well, it's risk free for me...

My pocket! :cool:

My suggestion is to buy a penny stock with 100:1 margin. Just make sure beta is 0 because then it's risk free! PROFIT!!!!!!

Yes, it's noticeably faster. Thanks Andy :)

Count the number of posts you made in a row. Nobody replied in the interim. You just don't do that sort of thing, Tsotne.

...That's not what I meant...............................................................

http://www.wallstreetoasis.com/blog/mirror-mirror-on-the-wall-will-john-paulson-be-the-greatest-of-them-all Thoughts?

You're not _completely_ wrong but you have to understand that an entry position is an entry position =)

Dominic's Advice: I is a headhunter! I can makes u vary vary rich! Just give me some comp bro.

Q: Any tips for undergrads?

Can you elaborate? Thanks!

The emphasis is whether it's a BB (Bulge Bracket - think JP Morgan, Goldman Sachs, Morgan Stanley, Barclays, etc.)

Obviously best: Avoid the guy who won't share his Adderall: It just speaks to his character. You get these all from WSO, don't you ;)

Don't do the PhD unless you actually want it - that is, don't do it for employment purposes. Is the leading invesment bank a BB office in mumbai? If not, take the MFE.

(cosh(arcsinh(2)))^2 ?

Hey folks. Just wondering, what kinds of binary securities are there? That is, what securities have only two discrete pay-offs? Alternatively, are there portfolios of securities that can achieve such a result? Ideally, is there a security that returns (net) 1$ with probability p, and -1$ with...

I wish I could do that...

I never said they were the same thing. Additionally, I don't believe I mentioned structs, what do you mean, exactly? Yes, this is also true.

1. I never said creating objects themselves affects the performance; rather, the overhead from conceptualization slows down the program. Example: C I/O is faster than C++ streams. 2. You can still use one, it's just not pre-implemented. Also, Bjarne Stroustrup has said that C++ will have a...

To be fair, C has its advantages. Not having to deal with objects means faster performance (no garbage collection, for instance.) That's the major reason C is a preffered language in robotics, for example - C++ may be too slow for some tasks.

I imagine a mere 2.5k isn't a lot if you're bent on HFT - your pool is certainly higher anyway.

Oh, it won't at all! I was just curious =3 (thought that perhaps there _are_ quants in PE)

Saw botht the WSO and M&I article. One question though: what's the relevance? I can't imagine a quant career in PE :S

I take that as a no. Oh well, at least I got good odds for an Equity Research position.

I can put my foot behind my leg! Does that mean I can just skip college and go straight to make more than one million dollars a year????????????????

So I didn't meet Gordon Gecko. I cold-called a bit and may get/have gotten a couple of interviews, but is anyone here interested in a grunt for the summer (either in the D.C. area or in a remote set-up)? Thanks :D

I see - in other words, it's a complete market, with the exception of the risk free instrument. Thanks bbw. I propose that we dedicate an entire quantnet subforum to figure out a way to exploit this. :p

Not what I meant. I'm talking about stuff like Knuth. Are you familiar with his textbooks? If not... definitely a classic you should understand. Not that you'll apply it directly per-se but at least useful in interviews. As for console aps vs. other stuff - that's mostly a .NET thing and not a...

How familiar are you with the language and with coding (i.e algos) in general? A good place to start is http://www.quantnet.com/master-reading-list-for-quants/#c++ :D

@Andy Nguyen Wen I go to forumz it no looks like last week!!!!!!!!!!!!!!!!!!! OMG!?!?!?!?!?!??!?! Can u fix massive bug pl0x? ...J/K

Let me get this straight: there's no interest applied!?!?!??!?

QUICK DELETE YOUR POST BEFORE DOMINIC GETS IN HERE. lol. But that's basically exactly why you should use C++

Hi, sorry for my cluelessness, what is Islamic Finance? I.e what makes some securities compliant and others not? This is actually the first time I heard about this and I'm actually pretty curious...!

Just a question, why are the programming questions so comparatively easy? For example, programming the sieve of Eratosthenes was litteraly one of the projects for my middle school programming class. I feel as if you're asking about higher level math (i.e stochastic calculus) you should be asking...

It's a (relatively) small company in Georgia, so no. :rolleyes: HOWEVER, what matters more is your role in the job, and the skillset you acquire/demonstrate seems quite good. Note however that C++ is infinitely more important than C#; I like C# as much as everyone else, but do know that it is a...

Whoa.. that's a lot of readers! Are many of those visitors bots or something?

Didn't know that so many people read the forums but don't register! Btw, Andy, is this just a map of people who have used the new software so far?

Marketwatch is probably the easiest website to find them. For example: http://www.marketwatch.com/investing/index/SPX/options

Still searching for what I'm gonna do over the summer. If you need a grunt, contact me!

Last activity montiors viewing as well.

Tsk for necro-ing! Double tsk for not bothering to check out the profile and notice "Last Activity: 12-13-2009 11:55 AM " <!-- / current activity -->

This is a perfectly irrelevant question since assuming stock prices follow normal distributions = death. Log-normal is slightly better.

Why not both, lol.

I know what my full time job is going to be now!

Somebody has to read The Black Swan ;)

If you want a quant degree to become more hire-able in equity research, I would definitely try to apply for positions and see what you get... if you get in, then you saved yourself time and money. That being said, foreigners don't get a boost in Quant programs because Quant programs are usually...

Just for some perspective, why become a quant (as opposed to say consulting or equity research, or something more related to biology)? And in general, why finance at all, with the time you dedicated for your MD/PhD? Also, FU stands for which university? Simply having a degree doesn't mean...

It depends on the school. If it's not a top MBA, it's not worth it. Same goes for MFE, but the rankings are totally seperate.

Not sure a CMU MBA is worth it though...

MBA and MSCF prepare you for two completely different things; it's like comparing apples and oranges... The money is generally worth it though in terms of job placement.

That's a good question. On the one hand, being passive does save you time from arguing and reduces the risk of you being removed from the line entirely - one more person is going to increase your wait by maybe half a minute. But on the other hand, others may notice your weakness and start...

I Lol'ed

Essentially what you're saying then, is divide by the mean. Unfortunately, this cannot be right - suppose the mean was 0! I was thinking to transform into a normal distribution and then find z-scores, but it seems rather complicated :/

Not quite sure what you mean; lambda is 1. So what you're saying is keep the original data, which is wrong :3

Can somebody help with 7B? http://www-stat.wharton.upenn.edu/~zongming/teaching/stat431/hw/hw1.pdf Thanks :)

All I meant that your first part was unnecessary since they stated that 2010 has 16 factors. The 16/2 part is absolutely right though.

That's correct, but unnecessary for this problem since they give you the number of factors ;)

Nburk, good question! ;) 2010 isn't a perfect square.... so there are exactly 8 pairs of factors that multiply into 2010... so 2010^8. Do you get it now?

FANTASTIC! This is really great advice.

fair enough, but in general...

Let's see if a high-school student (me!) can help you :P Alright, we first let's start off by defining the function explicitly. Let's just start off with X_{n+1} = ( a * X_{n} + c ) and ignore the modulus. Now the values are as follows: X_{0} = X_{0} X_{1} = aX_{0}+c X_{2} = a^2X_{0}+ac+c X_{3}...

To be honest, RBS and UBS <<< MS and GS :P also, why did you randomly necrobump a thread with another one of your random ANY TIPS FOR INTERVIEWS questions? Shouldn't you be making a new thread on this or something... Anyway, depending on your role... is this position monitoring, reporting...

MA, and not MS, huh :\

Somebody here uses wallstreetoasis ;)

Oh boy, insider information on a merger ;)

Hahahahaahahahaha Dominic :P I can't wait for the New Quantnet, I'll have to be sure to "like" that post. :)

Well obviously Maryland isn't a target. So recruitment advantages from the Business school are very small... So I would put math over business. That being said, you could still double major, although some people on this forum are bound to disagree. They will tell you to just take more...

Now if only we found a way to secure an internship for us non-MFE/Phds ;)

Yeah, I always hear them as being code-monkeys, why is that? Also, Is that 2k lines? Because that's a pretty small project...

Just as an aside, remember the converse: that bugs are always features ;) Also, DominiConnor do U.K grads really not know any C++? And no multithreading? Because I learned that in a high school class... so.... :s

No way. Compiler errors are fine because you know they exist right away... it's logical errors that are a bi$%.

Can you make a neural network that will achieve over 9000% average annual return pl0x?

1. Invest in treasury bonds 2. Wait infinity years 3. ????????????????? 4. PROFIT!

Pppppolymorphism!

That's pretty much where I was getting at ;)

That's what that TV show producer was looking for a little while ago :)

Laughing my F*cking A** off! Unfortunately, Goldman Sachs Bans Naughty Words in Emails - WSJ.com

Yeah, for the worse... The original APs, that is, the ones pre 1990, were actually half-decent. And now they're making them even worse.

But what's the answer :-k :P

Actually, I think Andy was hinting at what kind of job you'd get ;)

Noooooooooo....... for all I know you may be a commie but you're still one of us... don't do it! :O :P

1) Upon half a minute of thinking, I realized that 1 is very easy. Suppose the magic square is A B C D E F G H _I J K _L M N O P The product ABCD=EFGH=IJKL=MNOP. ABCDEFGHIJKLMNOP=2010^8 Thus the product is 2010^8^1/4=2010^2=4040100 :)

3) is probably an AMC question... I recall seeing something like it somewhere... Anyway: a four digit palindrom is in the form ABBA, or 1001A+110B. Note that 1001 is a multiple of 7. Thus 110B must be a multiple of 7. Hence, B is either 7 or 0, for odds of 2/10=1/5 Time to tackle 1 and 5 :)

Same principle.... for example, we know that 45^2 = 2025 (remember your D5^2 rules!!!). Even if we suck at multiplying (like me ;) ) and don't know that 46^2 = 2116, we can still use a linear approximation; derivative of x^2 is 2x so we add 2 times x (which is 45) or 90. That's 2115 (only one...

Hence my quick "EDIT" but I guess you responded before I managed to change it ;) Thanks a bunch Andy!

Whatatool. :O As for bonus percentage, check out the second to last page of this guide: http://www.math.chalmers.se/Math/Grundutb/CTH/tma285/0304/M_Page_QF.pdf Outdated, but still shows how bonuses grow over time. NOTE THAT THESE DAYS YOU WILL BE GETTING MUCH (?) LESS (In terms of bonuses)!!!

Clever! If more precision is needed, know that 31^2=961 :)

Hurrah! Is there any possibility that you'll move existing brainteaser threads to that forum :) EDIT: Nevermind, I appreciate the time you took into this :)

..or maybe... it's a GREAT question ;)

Oh, true - I don't think 0 marbles are allowed (from the phrasing of the original Q.) =S

Nice one peterruse! I'm such a klutz ;) I fail at even simple binomial distributions :(

I saw that... my favorite part is the one-day hair change =) It shouldn't surprise anyone that he got a lot more offers. More to see at: http://new.music.yahoo.com/blogs/amplifier/51933/golden-voiced-homeless-man-captivates-internet/

"Handfuls in general" are basically withdrawals from a set of infinite marbles, so the ratio is still 1:1. Btw, with the huge volume of brainteaser threads, I seriously think it's time to make a subforum for this...

It's somewhat trivial to prove that there aren't any that are that good...

LMAO http://www.zerohedge.com/sites/default/files/images/user5/imageroot/trichet/1%201%20Nanex.png Nice Chart.

LMAO! Seriously? That's considered long-term!?!?! Is this for real?

Oh, I would imagine that people buy the two as a set. Although they cover rather different things :)

Can someone explain the rather large discrepancy?

Nice. Btw, why CUFE? (Serious question)

I disagree... the restaurant job seems a tad bit too unprofessional. The library assistant thing is OK though.

Nominally, yes, but not as a percentage. But I would like to point out that the second-highest scoring group is Asians...

Really? Why? I use Mozilla though 8)

Wow, great analysis! That being said, we shouldn't be proud of the U.S educational system. Just because our students are prepared for multiple choice tests doesn't mean we are being educated :(

Happy New Year to you all!

Really only Barclays of those is BB. The others are prestigious but not bulge, so they won't give you nearly the same long-term advantage as a bulge-bracket. I would actually probably stick with the fund if you liked it. Just my 2 cents.