Search results

edit: image didn't work. Basically you can spend 5k if you want. Comparable computing power to a 2,300 PC, hilarious.

hysterical. edit: equally hilarious is that alex jones is hosting this video.

If any of you care, I'm bored in class and I'll go through some of my first thought processes for answering these questions. I welcome criticism/other theories. 1. If you were shrunk to the size of a pencil and put in a blender, how would you get out? Probably not strong enough to snap the...

Seconded.

I've heard a lot of "bad." Barely any "good." And most of the "good" I heard was "good for nothing" and the like. Lake Forest is a much better school.

Oh yeah. Question for anyone who works/lives around there: is it actually 50k-75k as some reports say, or what?

Been going on for a while, but I couldn't find a thread on it here. Thought it was somewhat relevant, what does everybody think? My thoughts: why isn't anyone picketing Fannie and Freddie, or the homes of Franklin Raines, Barney Frank, etc. Much to easy/popular to use Wall St. as the...

Andy, btw, did you talk to the head of financial math at Johns Hopkins? 95% of the class are korean/chinese and speak very little English.

Well then I'll redo my rankings: 0) Minnesota 1) Princeton 2) NYU 3) CMU 4) Stanford 5) Baruch 6) Columbia 7) Berkeley 8) Chicago 9) MIT 10) Cornell 25) Johns Hopkins :D

Will it still be in the 1-5,6-10, etc. format as last time is the question... 1-5: Baruch CMU NYU Princeton Stanford 6-10: Berkeley Chicago Columbia Cornell Minnesota

How bad do you guys speculate that this will hurt junior Americas hiring? (plz say not at all)

hedge fund beta replication

Oh okay, just wondering as I am the official grammar nazi and spotted a few mistakes in your post. Most top schools will avoid publicly stating that they have a minimum score for anything-- they want to come across as open and understanding (as well as pad their admission percentage ^^ )...

Yeeeeeeee (I have nothing useful to say I'm a college student, just thought that was a funny typo)

TOEFL requirements/score?

http://en.wikipedia.org/wiki/Native_Americans_in_the_United_States#Pre-Columbian Classic nonsense argument about who a true American is. If you want semantics, Native Americans weren't necessarily from North America either. Hah. Ilya clearly was not insulting immigrants. He was indirectly...

Hey guys, I'm considering doing some undergrad research on hedge fund beta replication (as opposed to percolation theory as I would prefer to have something more pertinent to talk about during rising Senior BB interviews). Does anyone have any thoughts on this? Pointless, too complicated...

Q4 - Is the Tappan Zee Bridge safe? Yes, the Tappan Zee Bridge is safe. The New York State Thruway Authority operates a regular program of scheduled maintenance designed specifically to ensure that the bridge is safe for travel. The bridge also receives a detailed inspection every two years by...

Thanks a ton Andy.

Whether you find yourself closer to Keynes or supply-siders, unfinanced tax cuts provide essentially the same expansionary fiscal policy as deficit spending. The question lies only with which magnitude is greater. Well, comparing 500% to 1000%, that's 100% off. If 100% error isn't grossly...

1. "Unfinanced tax cuts" that's quite a normative statement. If the government took 95% of your income and then lowered it to 90%, would you consider those cuts "unfinanced?" Government expenditures need to be financed, not revenues. What a joke--how do you fund a negative? "Unfinanced tax cuts"...

Or in some cases, reward single mothers on welfare -- in effect incentivizing the father to leave the picture. The way I look at it, the US government is so fucked up at this point its going to be difficult to keep chugging along as the lone superpower. Most politicians are still going on TV and...

Is this news making anyone else incredibly depressed....

I think leaving the country/committing suicide may be a good idea in the near term.

C++ is the preferred language for the MFE schools (most expect you to be familiar with it when you apply). As for preferred by firms, that's actually a frequent topic of debate on this forum.

embezzlement is baad...mmmkay.

wallstreetoasis.com mergersandinquisitions.com Both have extensive material on interviews for IB, though they're pretty informal I think they're informative. Of course there's always vault.com

I realize that there may be professionals and academics of future prospective employers/academic institutions trolling these forums and I would like to say, quite honestly, that this is not about the money for me. It is about my love of mathematics and the financial markets, as well as an...

Pretty much agree with everything except this. They're mentally retarded, its not their fault man. I mean some kids may not be totally handicapped, but at least at my high school, most of them were. Alexei, he's right in some sense. "Overall, the typical American defined as poor by the...

Wait, I'm confused. Are you saying that the extra tax income generated-- solely -- by the extra wage (i.e. that he pays the same tax rate as his poorer friend) should more than cover society's investment in him? If so I am not in full agreement with you kind sir, I think a somewhat progressive...

Hey, I watch fox news (the women anchors are usually really hot, except for that Gretchen thing in the mornings).

At hopkins applied math and math are separate departments. Math is in the arts&sciences school while applied math is in the engineering school

Teddy Roosevelt, bull moose party 1912 got damn close

http://blogs.marketwatch.com/fundmastery/2011/07/26/congress-smoke-mirrors-spending-cuts/ There aren't substantial cuts in these plans and there won't be for a long time. One thing the "tea party republicans" are getting right is standing up to these crackpot politicians playing politics...

I honestly believe that most (read: almost all) unemployed Americans wouldn't do the type of $3 dollar an hour work that some illegals do in south Florida (Colbert did a few segments on it, and it has been pretty widely covered by "investigative media" i.e. 60 minutes etc.). I dunno how long...

Junior in Applied Math

As far as the dream act goes... do the parents get deported and the 10 yr old son goes into foster care? How does that work? If the parents get to stay then every illegal alien would just steal a baby and sneak into the country with it, then use the dream act to protect themselves from...

Junior in Appied Math at JHU

I'm going to assume he wryly meant to refer to the tiny minority of republicans that can afford to spend tons on accountants to find tax loopholes, hide money "legally" offshore, etc. There's also a decent percentage of the ultra rich that are democrats too, btw. Obviously the poor tend to vote...

Obviously. Countless pricing models weren't developed by full-time professors and most are considered "academic" contributions. The point is what joel brings up, in addition to the fact that academic contributions, especially from full-time contributors, are supposed to be for the advancement of...

Freakin sweet. Love what you're doing. Nothing else really like this....

Uhhh, you don't have a problem with an incredibly large for-profit institution having a say in what used to be (and probably still are) respected academic institutions?

BBW what kind of math education do you have? Just wondering

Alexei, as far as tax cuts go: http://en.wikipedia.org/wiki/File:U.S._Federal_Tax_Receipts_as_a_Percentage_of_GDP_1945%E2%80%932015.jpg Interesting graph. It's funny, because right around that trough in 2002-2003 some major cut was made to something, I forget what... Anyways, regardless of the...

Google relative before arguing my point for me... if the stuff you spend your money on is relative to your income, those things wouldn't exist, because there wouldn't be a market for them. The super-rich would spend their 200k on a used Ford Taurus and not the Bentley, since the Taurus' cost is...

I have an odd vestige of OCD where I like to listen to a playlist (sometimes just a few songs) on repeat while studying for an exam, then I listen to the exact same playlist right before the exam. Pretty sweet compulsion, wonder if it somehow helps engage different parts of the brain to remember...

Lol. Forget the contribution to society, if everything someone spent money on was relative, then -there would be no impetus to make money -therefore no impetus to work -society crumbles Additionally, its not effective immunity. In most states in the U.S., 3 speeding tickets in a moderate time...

He's one of the few centenarians in the tri-state area, so he's had plenty of time to read. :D

Unfortunately as far as politics goes, I'm of the mindset that it doesn't really matter what I think about them, because it doesn't matter. Even if you have a ton of money and influence, it simply won't matter in what pundits call the swamp. The swamp is Washington D.C., you may get there with...

Dude still? You're blatantly misrepresenting what I'm saying. It's absolutely NOTHING like Hindus not eating beef or Muslims not eating pork. Those are religious traditions. It is absurd to believe that the world is 6,000 years old. There is an insurmountable amount of evidence against it. It's...

Not principles, arguments. When did I say I believed in a magical bang? I cannot believe you are not seeing my point. There is an insurmountable amount of evidence pointing towards the Earth being at least a little more than 6000 years old, the 7 day thing, well if you believe that then...

Yes please fall back on ad hominem attacks. I'm insulting very religious people. If you believe the Earth is 6000 years old and was made in 7 days, it may be because you were raised that way, but that doesn't make you any less of a ignoramus. There is no "official" charter for the, as I said...

I don't want to make this thread all about religion, but I believe I should back up my statements. Where did I claim that I, or my collective man, have all the answers? I am of the opinion that I don't know if a higher-power exists, but I really don't have any reason to believe so...

Some of us would group loonies and the very religious together.

I don't believe half the country is interested in "smaller government." The "Tea Party" says they're interested in smaller government, but are *generally* religious and therefore likely pro-life and against gay marriage (therefore in favor of the government meddling in people's lives). And I...

right-libertarian, although it's interesting that there was not an ability to answer "indifferent"

I don't really know. I want to keep options open, but I think I would be more interested in quant. investment mgmt. I don't see why you immediately discredit S&T; I see it as a good introduction to the markets. You can largely learn programming on your own, however, getting a real hands on...

As a follow up, do you think a well established S&T internship at a bulge bracket would be ideal, or a more programming heavy role at a development shop?

Myself: Junior at Johns Hopkins, Applied Math + Economics (gonna start taking comp sci courses this fall), 2 internships in finance (non-BB banks) so far (doing one right now). I have a 3.7 at a school that doesn't grade inflate to the degree some comparable schools do (Brown, Yale avg gpa 3.6...

How terrible is the job security really? You're front office, so the exit opportunities aren't bad (unless you really blew it). Obviously there are people out there that reason "me good, trade fast make money good" but I went on a recruting trip for UBS in Stamford, all of the other sophomores...

Anybody heard of any rumors about the iPhone 5 release date for verizon?

Depending on what type of Quant work you want to do, the volume of computer science courses you should take differs. Take some intro classes in Java and C++ (or whatever they have in your comp sci department) and see how much you like it. You have plenty of time! I'm a junior and I haven't even...

They're pretty weak-- don't have much more than a price target and a quick description of their means of reaching the price. I just switched from Scottrade (which is a pretty bad service in my opinion) to TDAmeritrade. TD gives you access to full CS reports, as well as a few other boutique...

Obviously the big IBs aren't inclined to release their reports to the public, but after a few minutes of googling I found some research disclosure on Credit Suisse's website. Does anyone know about somewhere I can access more in depth research reports-- I couldn't find anything other than...

Can't it be said that there's likely a great deal of hyperbole in those works of, dare I say, "fiction?"

I feel like an idiot posting this (probably because I am), but 2 of those schools aren't in NYC, and therefore don't really add much to your argument. Unless you're trying to prove that amanda doesn't know what she's talking about and to that I say ad hominem attacks are NOT WELCOME HERE! (p.s...

Do you really mean to say you don't pay attention to classes? Otherwise, you probably should attend classes in the English dept., or at least read the textbook :D (jk I don't go most of my classes either).

Just as some background, what countries did you do your education/work in?

Try to get some experience in finance, this will help you as a foreign student, especially if you have a company in the US that will sponsor your visa after graduation. The schools want to be able to place you in a job in finance quickly, so that they can report their 90%+ job placement...

Sounds a bit sarcastic and negative to me. You're not gonna pickup lacrosse and play D1 in a couple years, so that's out of the question. Why are you so down on S&T?

Time travel

Motorola POS 300, should i get the iPhone4 (verizon) when it comes out, or should i stick with the 10$ POS that's almost impossible to break?

If we all take a guess, one of us will get it right. I'll start MIT

That article did not add much interesting information, in my opinion.

Another question: obviously undergraduate GPA is very important for those first jobs interviews. Do you think it continues to be important for interviews AFTER finishing MFE, MFin? (undergrad gpa, that is)

Breakdown of demographics (country, age)

I read this site everyday and find it is the most common mistake-- mostly because many are seeking advice in the first place.

Advice

Cool thanks, I'm actually starting the Intelligent Investor right now.

Ok cool. Thanks I appreciate it, I've been trying to shy away from options as I'm starting up, but I'll definitely take a look into it.

I guess I should have said investing strategies, thanks. Clearly with only 3k I can't be "trading" because commissions are so high relatively. I'm interested in investing strategies in equities, like pairs trading.

Thanks for all the great input! I'm sure you're all terribly passive-aggressive as you come across as, but you don't need to prove it to me. 1. Don't really care about my savings... I'm a college student dependent on family and would rather put on my resume that I traded 3k of my own money...

Hey guys, I've been trying to google some equity trading strategies, as I'm trading 3000 (basically all of my savings, I'm a college student), but I haven't found very much. I just was wondering if I could tap into the collective knowledge of the community for any leads to things I could...

Thanks a bunch!

I've been reading the forums for a while and am probably interested in pursuing an MFE sometime in the future. As a quick introduction, I'm a sophomore at Johns Hopkins in Applied Mathematics and am starting a trading team (to compete at Rotman, MIT, etc.). I'm posting because I think I'm a...

I doubt they would expect you to think about the interest you may earn on your money. This question obviously depends on how long you plan to work there. (0,2) years and you have what you started with, X. [2,3) years and the first choice is better, [3,4) second choice better. I think you can...