4 ms·
I'm probably not quite as successful as PG is in his space, but I've done embarrassingly well in the area under discussion. Sadly, I can't disagree with the as
by ggruschow 17y ago
I'm probably not quite as successful as PG is in his space, but I've done embarrassingly well in the area under discussion.
Sadly, I can't disagree with the assessment about studying to become a quant. Odds would be higher if you simply picked up the books and tried to trade yourself. Otherwise you'll likely be sucked up into a big firm and get lost in that mess.
That said, I don't know what the relative odds are vs founding Google or Apple. It seems kind of like wondering which state's lotto to put your money in.
- nearestneighbor 17y agoWhat books do you recommend?
- ggruschow 17y agoSorry, I meant in regards to trying to change the world or whatever. I can't recommend books for self-studying trading. It's a bad idea, and probably an ill-conceived one at that. If you must though: 1) Read an overview of how the products and exchanges work like Hull or Wilmott. 2) Read every single post on elitetrader and nuclearphynance, and note links that may be interesting. This'll be confusing, boring, and frustrating because you'll be digging through nearly 100% crap. That's the point: almost all trading concepts and ideas touted are crap. Reading through this stuff will give you a feel for that, maybe give you some ideas, and serve as a helpful guide for your further learning. 3) Go follow-up on the links that still seem interesting. 4) If you make it to this point.. screw it. Email me. If you're good at programming, system administration, or statistical analysis, I'll probably give you a job. Otherwise I'll help you take the next step or get your foot in the door somewhere else.