This has been a well known phenomenon for quite a while. Even back in the 90s, when algorithmic trading picked up steam, wall st rushed to hire math Phds and no

This has been a well known phenomenon for quite a while. Even back in the 90s, when algorithmic trading picked up steam, wall st rushed to hire math Phds and now wall st wants algo geeks. It'll be really hard to woo hackers to work in the hierarchy driven wall st culture. Some hedge funds are opening offices around Berkeley and subscribing to the valley way of life.