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> But at companies who are employing the top 5% of the top 5% you will probably won't even make the first round of phone screens. What are those mythical compa

by alexeiz 11y ago

> But at companies who are employing the top 5% of the top 5% you will probably won't even make the first round of phone screens. What are those mythical companies? Really, I'd like to know. Name a few.

hiddencost 11y ago
RenTec and Jane Street come to mind.
- AznHisoka 11y ago
  I've never even heard of those companies..
  - hiddencost 11y ago
    Jane Street makes up 2% of all equity trading in the US (by dollars), on a typical day. They're a 400 person quantitative trading company. RenTec is a hedge fund that has done something like 30% annual gains over like 30+ years.
    - alexeiz 11y ago
      Ah, Renaissance. Yes, they do seem to have some secret sauce that allows them to stay profitable. But I doubt that technology is their strong suite.
- deleted 11y ago
  [deleted]
- kafkaesq 11y ago
  Sure, those places are finicky and they ask tough questions. But can someone tell us where, exactly, this top .25% figure comes from? Other than the swirling mass of air about their heads, as they typed it? I'm not asking this to be snarky. It's just that people keep talking about the "top .1%" as if it's not just a thing, but a quantifiable, measurable thing. It's neither, of course; basically it's just a hunch people have. With an arbitrary number slapped on it to make it sound more, you know... authoritative. Meanwhile, some stories of the top .25% at Jane Street, getting busy at the task of finding the other top .25%: My interview is scheduled at 10:00am. However, I wait until 10:15am but no one called. Then I received an email saying the interviewer was wrapping up with an issue and he would call around 10:30am. Then I wait until 10:45 am still no one called. I received another email saying he was still working on the issue and will call in a minute. Then I continue to wait to 11:15am.… Another: They ended up calling 40 minutes late, the interviewer was very incompetent at even asking the questions. I found it very unprofessional and chose to not move on in the interviewing process after speaking with friends who told me this was not uncharacteristic of them. Source: glasdoor.com
  - hiddencost 11y ago
    I didn't write the initial post about 5% of 5% :)
    - kafkaesq 11y ago
      Noted; I've adjusted the pronouns in my the above, accordingly.

by alexeiz 11y ago

hiddencost 11y ago

RenTec and Jane Street come to mind.

AznHisoka 11y ago
I've never even heard of those companies..
- hiddencost 11y ago
  Jane Street makes up 2% of all equity trading in the US (by dollars), on a typical day. They're a 400 person quantitative trading company. RenTec is a hedge fund that has done something like 30% annual gains over like 30+ years.
  - alexeiz 11y ago
    Ah, Renaissance. Yes, they do seem to have some secret sauce that allows them to stay profitable. But I doubt that technology is their strong suite.
deleted 11y ago
[deleted]
kafkaesq 11y ago
Sure, those places are finicky and they ask tough questions. But can someone tell us where, exactly, this top .25% figure comes from? Other than the swirling mass of air about their heads, as they typed it? I'm not asking this to be snarky. It's just that people keep talking about the "top .1%" as if it's not just a thing, but a quantifiable, measurable thing. It's neither, of course; basically it's just a hunch people have. With an arbitrary number slapped on it to make it sound more, you know... authoritative. Meanwhile, some stories of the top .25% at Jane Street, getting busy at the task of finding the other top .25%: My interview is scheduled at 10:00am. However, I wait until 10:15am but no one called. Then I received an email saying the interviewer was wrapping up with an issue and he would call around 10:30am. Then I wait until 10:45 am still no one called. I received another email saying he was still working on the issue and will call in a minute. Then I continue to wait to 11:15am.… Another: They ended up calling 40 minutes late, the interviewer was very incompetent at even asking the questions. I found it very unprofessional and chose to not move on in the interviewing process after speaking with friends who told me this was not uncharacteristic of them. Source: glasdoor.com
- hiddencost 11y ago
  I didn't write the initial post about 5% of 5% :)
  - kafkaesq 11y ago
    Noted; I've adjusted the pronouns in my the above, accordingly.