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Indeed this is happening. Pricing out the 250k+/yr quants as the field is levelled. I'm surprised the hedge funds didn't figure out earlier that having everyth
by alecco 10y ago
Indeed this is happening. Pricing out the 250k+/yr quants as the field is levelled.
I'm surprised the hedge funds didn't figure out earlier that having everything proprietary would drive their costs so high. When there are so many players looking for alpha the only variable to control is costs.
- jonbarker 10y agoCan't the same quants go make more money helping to train the bots?
- kneel 10y agoTraining bots is now for suckers. It's all about training bots to train bots. Choo choo
- jamez1 10y agoNo that's not the cause, globally fees are coming down across the industry and that is putting pressure on salaries.