s******r
发帖数: 324 | 1 junior level, 不需要经验,必须在上海工作,基本工资30-40万人民币一年,奖金取决于
fund performance 和个人贡献, must be good at statistics or machine learning/
pattern recognition/speech recognition etc. 也招 programmer, base pay差不多,
需要熟悉FIX,有high frequency system experience big plus. and always looking
for people with high frequency strategies, very generous payout.
update:
Due to sheer volume of resumes I get, I might not able to reply to everyone, please excuse me if I don't not reply to your email quickly. | N*****m
发帖数: 42603 | 2 hot
learning/
多,
looking
【在 s******r 的大作中提到】
: junior level, 不需要经验,必须在上海工作,基本工资30-40万人民币一年,奖金取决于
: fund performance 和个人贡献, must be good at statistics or machine learning/
: pattern recognition/speech recognition etc. 也招 programmer, base pay差不多,
: 需要熟悉FIX,有high frequency system experience big plus. and always looking
: for people with high frequency strategies, very generous payout.
: update:
: Due to sheer volume of resumes I get, I might not able to reply to everyone, please excuse me if I don't not reply to your email quickly.
| c****y
发帖数: 3592 | | N*****m
发帖数: 42603 | 4 junior level
【在 c****y 的大作中提到】
: 这种背景的在这都30-40万美刀了吧
| s******r
发帖数: 324 | 5 这边的大牛当然不会有兴趣,在prop side我也不认为一个没有自己alpha的quant值3,40
万美元.如果有自己alpha,那本来就是不同的deal. | a***x
发帖数: 26368 | 6 hot!要是成都的话。
learning/
多,
looking
【在 s******r 的大作中提到】
: junior level, 不需要经验,必须在上海工作,基本工资30-40万人民币一年,奖金取决于
: fund performance 和个人贡献, must be good at statistics or machine learning/
: pattern recognition/speech recognition etc. 也招 programmer, base pay差不多,
: 需要熟悉FIX,有high frequency system experience big plus. and always looking
: for people with high frequency strategies, very generous payout.
: update:
: Due to sheer volume of resumes I get, I might not able to reply to everyone, please excuse me if I don't not reply to your email quickly.
| d******r
发帖数: 193 | | s******r
发帖数: 324 | 8 All trading is done on international market, PMs can work anywhere, if you
want to work from home, fine with us as well. | A**u
发帖数: 2458 | 9 summer intern要不
只求学习,涨经验
learning/
多,
looking
【在 s******r 的大作中提到】
: junior level, 不需要经验,必须在上海工作,基本工资30-40万人民币一年,奖金取决于
: fund performance 和个人贡献, must be good at statistics or machine learning/
: pattern recognition/speech recognition etc. 也招 programmer, base pay差不多,
: 需要熟悉FIX,有high frequency system experience big plus. and always looking
: for people with high frequency strategies, very generous payout.
: update:
: Due to sheer volume of resumes I get, I might not able to reply to everyone, please excuse me if I don't not reply to your email quickly.
| d******r
发帖数: 193 | 10 then why shanghai? and does the PM gets pnl cut or discretionary bonus? If
pnl cut, what is the percentage? | | | s*******s
发帖数: 1568 | 11 and capital charge?
【在 d******r 的大作中提到】
: then why shanghai? and does the PM gets pnl cut or discretionary bonus? If
: pnl cut, what is the percentage?
| s******r
发帖数: 324 | 12 no capital charge, PM get percentage cut, fixed formula,payout depends on
sharp ratio and return on capital. the reason junior quant will be in
shanghai is I will be based in shanghai to lead the team. | s******r
发帖数: 324 | 13
internships are possible, again it will be based in shanghai.
【在 A**u 的大作中提到】
: summer intern要不
: 只求学习,涨经验
:
: learning/
: 多,
: looking
| A**u
发帖数: 2458 | 14 没问题，summer回去，先报名.
【在 s******r 的大作中提到】
:
: internships are possible, again it will be based in shanghai.
| S*********g
发帖数: 5298 | 15 30,40万美元的base还是整个package？
40
【在 s******r 的大作中提到】
: 这边的大牛当然不会有兴趣,在prop side我也不认为一个没有自己alpha的quant值3,40
: 万美元.如果有自己alpha,那本来就是不同的deal.
| s******r
发帖数: 324 | 16 在buyside,if no contribution to revenue, I don't think any quant worth 300-
400K total package. Sellside has different considerations. Buyside is all
about bottom line. | m**c
发帖数: 199 | 17 背景是statistics, 学过machine learning但research不是做的可以吗？谢谢。
learning/
多,
looking
【在 s******r 的大作中提到】
: junior level, 不需要经验,必须在上海工作,基本工资30-40万人民币一年,奖金取决于
: fund performance 和个人贡献, must be good at statistics or machine learning/
: pattern recognition/speech recognition etc. 也招 programmer, base pay差不多,
: 需要熟悉FIX,有high frequency system experience big plus. and always looking
: for people with high frequency strategies, very generous payout.
: update:
: Due to sheer volume of resumes I get, I might not able to reply to everyone, please excuse me if I don't not reply to your email quickly.
| k***n
发帖数: 997 | | w**********y
发帖数: 1691 | 19 终于开搞了..祝开门大吉...
我有"high frequency strategies",基于Statistics/ML/TA. 结果不错,但是还在折腾
和improve..但是都是equity future的..忙完这几个月希望有机会聊聊看看有没有合作
机会.
learning/
多,
looking
【在 s******r 的大作中提到】
: junior level, 不需要经验,必须在上海工作,基本工资30-40万人民币一年,奖金取决于
: fund performance 和个人贡献, must be good at statistics or machine learning/
: pattern recognition/speech recognition etc. 也招 programmer, base pay差不多,
: 需要熟悉FIX,有high frequency system experience big plus. and always looking
: for people with high frequency strategies, very generous payout.
: update:
: Due to sheer volume of resumes I get, I might not able to reply to everyone, please excuse me if I don't not reply to your email quickly.
| h*****u
发帖数: 204 | 20 现在做quant是不是machine learning也要多学学啊？ 谢谢
learning/
多,
looking
【在 s******r 的大作中提到】
: junior level, 不需要经验,必须在上海工作,基本工资30-40万人民币一年,奖金取决于
: fund performance 和个人贡献, must be good at statistics or machine learning/
: pattern recognition/speech recognition etc. 也招 programmer, base pay差不多,
: 需要熟悉FIX,有high frequency system experience big plus. and always looking
: for people with high frequency strategies, very generous payout.
: update:
: Due to sheer volume of resumes I get, I might not able to reply to everyone, please excuse me if I don't not reply to your email quickly.
| | | k****n
发帖数: 165 | 21 报名intern，暑假回家。
【在 s******r 的大作中提到】
: 在buyside,if no contribution to revenue, I don't think any quant worth 300-
: 400K total package. Sellside has different considerations. Buyside is all
: about bottom line.
| x***4
发帖数: 1815 | | k*******d
发帖数: 1340 | 23 想咨询一下lz,buy side对统计,Machine Learning/Pattern Regconition这些要求是不
是就限制了只招Stat或者CS的Phd，如果是其他专业的Phd在sell side做的，很少用到
这些知识，如果想转buy side难度大不大呢？ | s******r
发帖数: 324 | 24 看你做什么,做数学物理出身的比统计,CS和EE还多不少,至少pool大很多,取决与你做什
么product,如果做vol strategy,统计,CS和EE用处可能没那儿大,buyside什么strategy
都有,你要利用你的特长.行行出状元,这几年有个专门做prepayment model 的fund 就
做的很好machine learning/pattern recognition在那个field用处可能就不大. | a********h
发帖数: 819 | 25 请问你说的做prepayment model的fund是哪家？doubleline?
【在 s******r 的大作中提到】
: 看你做什么,做数学物理出身的比统计,CS和EE还多不少,至少pool大很多,取决与你做什
: 么product,如果做vol strategy,统计,CS和EE用处可能没那儿大,buyside什么strategy
: 都有,你要利用你的特长.行行出状元,这几年有个专门做prepayment model 的fund 就
: 做的很好machine learning/pattern recognition在那个field用处可能就不大.
| d*****9
发帖数: 147 | | s******r
发帖数: 324 | 27
Structured portfolio management. Gundlach's hedge fund also did well last
year of course.
【在 a********h 的大作中提到】
: 请问你说的做prepayment model的fund是哪家？doubleline?
| L******g
发帖数: 1371 | | H*****l
发帖数: 445 | 29 和这个消息有关？
Report: China To Welcome Foreign Hedge Funds
Feb 29 2012 | 4:36am ET
The world's most populous country—and its second-largest economy—may be
the next big market for the world's hedge funds.
China plans to allow foreign hedge funds to set up yuan-denominated products
in the People's Republic and to raise capital there, the South China
Morning Post reports. The decision, in principle, only, so far, was relayed
to the Shanghai Municipal Office of Finance Service.
There will remain major restrictions on what foreign hedge funds can do in
China. All will have to be registered in Shanghai, and while they can raise
money in the mainland, they will not be permitted to invest in mainland
markets.
It is unclear when foreign hedge funds will be able to begin launching
Chinese funds.
China already allows foreign firms to set up private equity funds in the
country. Those funds have an opposite restriction to that to be imposed on
the hedge funds: They must invest exclusively in mainland China. | a********h
发帖数: 819 | 30 I feel it's much more important that their view was right, that refinance
won't be as high as the low rate suggests due to tight underwriting
standards, this is not prepayment model which built on historical data can
reflect.
【在 s******r 的大作中提到】
:
: Structured portfolio management. Gundlach's hedge fund also did well last
: year of course.
| | | s******r
发帖数: 324 | 31 you are probably right, that decision is probably more fundamental driven
than historical data driven. But they have quants as well to calculate which
one is relatively cheaper to buy etc. | c**v
发帖数: 55 | 32 second this. I once worked in a Multi-B fixed income fund, and I personally
feel the prepayment models(as far as I know) are nearly useless, much like
the Copula-based correlation model to CDO, a nice-looking toy played by sell
-side quants to fool clients.
【在 a********h 的大作中提到】
: I feel it's much more important that their view was right, that refinance
: won't be as high as the low rate suggests due to tight underwriting
: standards, this is not prepayment model which built on historical data can
: reflect.
| a********h
发帖数: 819 | 33 thank you and skilover for the replies.
can I ask you and skiover how much do you guys think prepayment quant in
these successful hedge fund can get paid? I know it could differ a lot case
by case, just want to get some ballpark idea. thanks a lot.
personally
sell
【在 c**v 的大作中提到】
: second this. I once worked in a Multi-B fixed income fund, and I personally
: feel the prepayment models(as far as I know) are nearly useless, much like
: the Copula-based correlation model to CDO, a nice-looking toy played by sell
: -side quants to fool clients.
| s******r
发帖数: 324 | 34 cilv is better able to answer those questions, I am not that familiar with
fixed income space. | x*******i
发帖数: 1791 | 35 钱真jb多阿。我倒是pattern recognition的专家，有自己的alpha。不知道楼主能不能
具体说说要什么modeling skill? | L*****k
发帖数: 327 | 36 赞大牛的科普贴～～～
strategy
【在 s******r 的大作中提到】
: 看你做什么,做数学物理出身的比统计,CS和EE还多不少,至少pool大很多,取决与你做什
: 么product,如果做vol strategy,统计,CS和EE用处可能没那儿大,buyside什么strategy
: 都有,你要利用你的特长.行行出状元,这几年有个专门做prepayment model 的fund 就
: 做的很好machine learning/pattern recognition在那个field用处可能就不大.
| l*******z
发帖数: 108 | | w********r
发帖数: 727 | 38
那个就是行业回报而已。这几年有几家MORTGAGE的FUND不大赚的？
而且SPM 08年亏20%-30%就不提啦？
【在 s******r 的大作中提到】
: cilv is better able to answer those questions, I am not that familiar with
: fixed income space.
| w********r
发帖数: 727 | 39
personally
sell
completely agree.
traders won't give a sh*t on your prepayment model at all
【在 c**v 的大作中提到】
: second this. I once worked in a Multi-B fixed income fund, and I personally
: feel the prepayment models(as far as I know) are nearly useless, much like
: the Copula-based correlation model to CDO, a nice-looking toy played by sell
: -side quants to fool clients.
| w********r
发帖数: 727 | 40
case
I think experienced can get ~300k total comp. at sell side. sell side is
more about pricing, transaction based.
buy side is more like a display toy....
【在 a********h 的大作中提到】
: thank you and skilover for the replies.
: can I ask you and skiover how much do you guys think prepayment quant in
: these successful hedge fund can get paid? I know it could differ a lot case
: by case, just want to get some ballpark idea. thanks a lot.
:
: personally
: sell
| | | l*******z
发帖数: 108 | | l*******z
发帖数: 108 | | a********h
发帖数: 819 | 43 good to know that i am not underpaid.
so if i am getting paid 300K working 9-5 hours (not in NY),
not a good chance to move to a hedge fund and make much more?
I think view is important, but you still need model to tell the relative
differences between loans and give price indications, so I also wouldn't go
to the other extreme and call it useless.
【在 w********r 的大作中提到】
:
: case
: I think experienced can get ~300k total comp. at sell side. sell side is
: more about pricing, transaction based.
: buy side is more like a display toy....
| w**********y
发帖数: 1691 | 44 ‘All models are false but some models are useful’
There is also a balance or tradeoff. | w********r
发帖数: 727 | 45
go
banks in & out everyday, what you are doing is more important.
mbs hedge fund buy & hold(need some hedging of course), what you are doing is less important.
Most is more about business, e.g. negotiate with banks/mortgage origniator to get those toxic stuff for a fire sale price....
If you can move up to PM level, of course buy side more upside, but it is
not easy.
【在 a********h 的大作中提到】
: good to know that i am not underpaid.
: so if i am getting paid 300K working 9-5 hours (not in NY),
: not a good chance to move to a hedge fund and make much more?
: I think view is important, but you still need model to tell the relative
: differences between loans and give price indications, so I also wouldn't go
: to the other extreme and call it useless.
| s******r
发帖数: 324 | 46 junior level, 不需要经验,必须在上海工作,基本工资30-40万人民币一年,奖金取决于
fund performance 和个人贡献, must be good at statistics or machine learning/
pattern recognition/speech recognition etc. 也招 programmer, base pay差不多,
需要熟悉FIX,有high frequency system experience big plus. and always looking
for people with high frequency strategies, very generous payout.
update:
Due to sheer volume of resumes I get, I might not able to reply to everyone, please excuse me if I don't not reply to your email quickly. | N*****m
发帖数: 42603 | 47 hot
learning/
多,
looking
【在 s******r 的大作中提到】
: junior level, 不需要经验,必须在上海工作,基本工资30-40万人民币一年,奖金取决于
: fund performance 和个人贡献, must be good at statistics or machine learning/
: pattern recognition/speech recognition etc. 也招 programmer, base pay差不多,
: 需要熟悉FIX,有high frequency system experience big plus. and always looking
: for people with high frequency strategies, very generous payout.
: update:
: Due to sheer volume of resumes I get, I might not able to reply to everyone, please excuse me if I don't not reply to your email quickly.
| c****y
发帖数: 3592 | | N*****m
发帖数: 42603 | 49 junior level
【在 c****y 的大作中提到】
: 这种背景的在这都30-40万美刀了吧
| s******r
发帖数: 324 | 50 这边的大牛当然不会有兴趣,在prop side我也不认为一个没有自己alpha的quant值3,40
万美元.如果有自己alpha,那本来就是不同的deal. | | | a***x
发帖数: 26368 | 51 hot!要是成都的话。
learning/
多,
looking
【在 s******r 的大作中提到】
: junior level, 不需要经验,必须在上海工作,基本工资30-40万人民币一年,奖金取决于
: fund performance 和个人贡献, must be good at statistics or machine learning/
: pattern recognition/speech recognition etc. 也招 programmer, base pay差不多,
: 需要熟悉FIX,有high frequency system experience big plus. and always looking
: for people with high frequency strategies, very generous payout.
: update:
: Due to sheer volume of resumes I get, I might not able to reply to everyone, please excuse me if I don't not reply to your email quickly.
| d******r
发帖数: 193 | | s******r
发帖数: 324 | 53 All trading is done on international market, PMs can work anywhere, if you
want to work from home, fine with us as well. | A**u
发帖数: 2458 | 54 summer intern要不
只求学习,涨经验
learning/
多,
looking
【在 s******r 的大作中提到】
: junior level, 不需要经验,必须在上海工作,基本工资30-40万人民币一年,奖金取决于
: fund performance 和个人贡献, must be good at statistics or machine learning/
: pattern recognition/speech recognition etc. 也招 programmer, base pay差不多,
: 需要熟悉FIX,有high frequency system experience big plus. and always looking
: for people with high frequency strategies, very generous payout.
: update:
: Due to sheer volume of resumes I get, I might not able to reply to everyone, please excuse me if I don't not reply to your email quickly.
| d******r
发帖数: 193 | 55 then why shanghai? and does the PM gets pnl cut or discretionary bonus? If
pnl cut, what is the percentage? | s*******s
发帖数: 1568 | 56 and capital charge?
【在 d******r 的大作中提到】
: then why shanghai? and does the PM gets pnl cut or discretionary bonus? If
: pnl cut, what is the percentage?
| s******r
发帖数: 324 | 57 no capital charge, PM get percentage cut, fixed formula,payout depends on
sharp ratio and return on capital. the reason junior quant will be in
shanghai is I will be based in shanghai to lead the team. | s******r
发帖数: 324 | 58
internships are possible, again it will be based in shanghai.
【在 A**u 的大作中提到】
: summer intern要不
: 只求学习,涨经验
:
: learning/
: 多,
: looking
| A**u
发帖数: 2458 | 59 没问题，summer回去，先报名.
【在 s******r 的大作中提到】
:
: internships are possible, again it will be based in shanghai.
| S*********g
发帖数: 5298 | 60 30,40万美元的base还是整个package？
40
【在 s******r 的大作中提到】
: 这边的大牛当然不会有兴趣,在prop side我也不认为一个没有自己alpha的quant值3,40
: 万美元.如果有自己alpha,那本来就是不同的deal.
| | | s******r
发帖数: 324 | 61 在buyside,if no contribution to revenue, I don't think any quant worth 300-
400K total package. Sellside has different considerations. Buyside is all
about bottom line. | m**c
发帖数: 199 | 62 背景是statistics, 学过machine learning但research不是做的可以吗？谢谢。
learning/
多,
looking
【在 s******r 的大作中提到】
: junior level, 不需要经验,必须在上海工作,基本工资30-40万人民币一年,奖金取决于
: fund performance 和个人贡献, must be good at statistics or machine learning/
: pattern recognition/speech recognition etc. 也招 programmer, base pay差不多,
: 需要熟悉FIX,有high frequency system experience big plus. and always looking
: for people with high frequency strategies, very generous payout.
: update:
: Due to sheer volume of resumes I get, I might not able to reply to everyone, please excuse me if I don't not reply to your email quickly.
| k***n
发帖数: 997 | | w**********y
发帖数: 1691 | 64 终于开搞了..祝开门大吉...
我有"high frequency strategies",基于Statistics/ML/TA. 结果不错,但是还在折腾
和improve..但是都是equity future的..忙完这几个月希望有机会聊聊看看有没有合作
机会.
learning/
多,
looking
【在 s******r 的大作中提到】
: junior level, 不需要经验,必须在上海工作,基本工资30-40万人民币一年,奖金取决于
: fund performance 和个人贡献, must be good at statistics or machine learning/
: pattern recognition/speech recognition etc. 也招 programmer, base pay差不多,
: 需要熟悉FIX,有high frequency system experience big plus. and always looking
: for people with high frequency strategies, very generous payout.
: update:
: Due to sheer volume of resumes I get, I might not able to reply to everyone, please excuse me if I don't not reply to your email quickly.
| h*****u
发帖数: 204 | 65 现在做quant是不是machine learning也要多学学啊？ 谢谢
learning/
多,
looking
【在 s******r 的大作中提到】
: junior level, 不需要经验,必须在上海工作,基本工资30-40万人民币一年,奖金取决于
: fund performance 和个人贡献, must be good at statistics or machine learning/
: pattern recognition/speech recognition etc. 也招 programmer, base pay差不多,
: 需要熟悉FIX,有high frequency system experience big plus. and always looking
: for people with high frequency strategies, very generous payout.
: update:
: Due to sheer volume of resumes I get, I might not able to reply to everyone, please excuse me if I don't not reply to your email quickly.
| k****n
发帖数: 165 | 66 报名intern，暑假回家。
【在 s******r 的大作中提到】
: 在buyside,if no contribution to revenue, I don't think any quant worth 300-
: 400K total package. Sellside has different considerations. Buyside is all
: about bottom line.
| x***4
发帖数: 1815 | | k*******d
发帖数: 1340 | 68 想咨询一下lz,buy side对统计,Machine Learning/Pattern Regconition这些要求是不
是就限制了只招Stat或者CS的Phd，如果是其他专业的Phd在sell side做的，很少用到
这些知识，如果想转buy side难度大不大呢？ | s******r
发帖数: 324 | 69 看你做什么,做数学物理出身的比统计,CS和EE还多不少,至少pool大很多,取决与你做什
么product,如果做vol strategy,统计,CS和EE用处可能没那儿大,buyside什么strategy
都有,你要利用你的特长.行行出状元,这几年有个专门做prepayment model 的fund 就
做的很好machine learning/pattern recognition在那个field用处可能就不大. | a********h
发帖数: 819 | 70 请问你说的做prepayment model的fund是哪家？doubleline?
【在 s******r 的大作中提到】
: 看你做什么,做数学物理出身的比统计,CS和EE还多不少,至少pool大很多,取决与你做什
: 么product,如果做vol strategy,统计,CS和EE用处可能没那儿大,buyside什么strategy
: 都有,你要利用你的特长.行行出状元,这几年有个专门做prepayment model 的fund 就
: 做的很好machine learning/pattern recognition在那个field用处可能就不大.
| | | d*****9
发帖数: 147 | | s******r
发帖数: 324 | 72
Structured portfolio management. Gundlach's hedge fund also did well last
year of course.
【在 a********h 的大作中提到】
: 请问你说的做prepayment model的fund是哪家？doubleline?
| L******g
发帖数: 1371 | | H*****l
发帖数: 445 | 74 和这个消息有关？
Report: China To Welcome Foreign Hedge Funds
Feb 29 2012 | 4:36am ET
The world's most populous country—and its second-largest economy—may be
the next big market for the world's hedge funds.
China plans to allow foreign hedge funds to set up yuan-denominated products
in the People's Republic and to raise capital there, the South China
Morning Post reports. The decision, in principle, only, so far, was relayed
to the Shanghai Municipal Office of Finance Service.
There will remain major restrictions on what foreign hedge funds can do in
China. All will have to be registered in Shanghai, and while they can raise
money in the mainland, they will not be permitted to invest in mainland
markets.
It is unclear when foreign hedge funds will be able to begin launching
Chinese funds.
China already allows foreign firms to set up private equity funds in the
country. Those funds have an opposite restriction to that to be imposed on
the hedge funds: They must invest exclusively in mainland China. | a********h
发帖数: 819 | 75 I feel it's much more important that their view was right, that refinance
won't be as high as the low rate suggests due to tight underwriting
standards, this is not prepayment model which built on historical data can
reflect.
【在 s******r 的大作中提到】
:
: Structured portfolio management. Gundlach's hedge fund also did well last
: year of course.
| s******r
发帖数: 324 | 76 you are probably right, that decision is probably more fundamental driven
than historical data driven. But they have quants as well to calculate which
one is relatively cheaper to buy etc. | c**v
发帖数: 55 | 77 second this. I once worked in a Multi-B fixed income fund, and I personally
feel the prepayment models(as far as I know) are nearly useless, much like
the Copula-based correlation model to CDO, a nice-looking toy played by sell
-side quants to fool clients.
【在 a********h 的大作中提到】
: I feel it's much more important that their view was right, that refinance
: won't be as high as the low rate suggests due to tight underwriting
: standards, this is not prepayment model which built on historical data can
: reflect.
| a********h
发帖数: 819 | 78 thank you and skilover for the replies.
can I ask you and skiover how much do you guys think prepayment quant in
these successful hedge fund can get paid? I know it could differ a lot case
by case, just want to get some ballpark idea. thanks a lot.
personally
sell
【在 c**v 的大作中提到】
: second this. I once worked in a Multi-B fixed income fund, and I personally
: feel the prepayment models(as far as I know) are nearly useless, much like
: the Copula-based correlation model to CDO, a nice-looking toy played by sell
: -side quants to fool clients.
| s******r
发帖数: 324 | 79 cilv is better able to answer those questions, I am not that familiar with
fixed income space. | x*******i
发帖数: 1791 | 80 钱真jb多阿。我倒是pattern recognition的专家，有自己的alpha。不知道楼主能不能
具体说说要什么modeling skill? | | | L*****k
发帖数: 327 | 81 赞大牛的科普贴～～～
strategy
【在 s******r 的大作中提到】
: 看你做什么,做数学物理出身的比统计,CS和EE还多不少,至少pool大很多,取决与你做什
: 么product,如果做vol strategy,统计,CS和EE用处可能没那儿大,buyside什么strategy
: 都有,你要利用你的特长.行行出状元,这几年有个专门做prepayment model 的fund 就
: 做的很好machine learning/pattern recognition在那个field用处可能就不大.
| l*******z
发帖数: 108 | | w********r
发帖数: 727 | 83
那个就是行业回报而已。这几年有几家MORTGAGE的FUND不大赚的？
而且SPM 08年亏20%-30%就不提啦？
【在 s******r 的大作中提到】
: cilv is better able to answer those questions, I am not that familiar with
: fixed income space.
| w********r
发帖数: 727 | 84
personally
sell
completely agree.
traders won't give a sh*t on your prepayment model at all
【在 c**v 的大作中提到】
: second this. I once worked in a Multi-B fixed income fund, and I personally
: feel the prepayment models(as far as I know) are nearly useless, much like
: the Copula-based correlation model to CDO, a nice-looking toy played by sell
: -side quants to fool clients.
| w********r
发帖数: 727 | 85
case
I think experienced can get ~300k total comp. at sell side. sell side is
more about pricing, transaction based.
buy side is more like a display toy....
【在 a********h 的大作中提到】
: thank you and skilover for the replies.
: can I ask you and skiover how much do you guys think prepayment quant in
: these successful hedge fund can get paid? I know it could differ a lot case
: by case, just want to get some ballpark idea. thanks a lot.
:
: personally
: sell
| l*******z
发帖数: 108 | | l*******z
发帖数: 108 | | a********h
发帖数: 819 | 88 good to know that i am not underpaid.
so if i am getting paid 300K working 9-5 hours (not in NY),
not a good chance to move to a hedge fund and make much more?
I think view is important, but you still need model to tell the relative
differences between loans and give price indications, so I also wouldn't go
to the other extreme and call it useless.
【在 w********r 的大作中提到】
:
: case
: I think experienced can get ~300k total comp. at sell side. sell side is
: more about pricing, transaction based.
: buy side is more like a display toy....
| w**********y
发帖数: 1691 | 89 ‘All models are false but some models are useful’
There is also a balance or tradeoff. | w********r
发帖数: 727 | 90
go
banks in & out everyday, what you are doing is more important.
mbs hedge fund buy & hold(need some hedging of course), what you are doing is less important.
Most is more about business, e.g. negotiate with banks/mortgage origniator to get those toxic stuff for a fire sale price....
If you can move up to PM level, of course buy side more upside, but it is
not easy.
【在 a********h 的大作中提到】
: good to know that i am not underpaid.
: so if i am getting paid 300K working 9-5 hours (not in NY),
: not a good chance to move to a hedge fund and make much more?
: I think view is important, but you still need model to tell the relative
: differences between loans and give price indications, so I also wouldn't go
: to the other extreme and call it useless.
| | | a********h
发帖数: 819 | 91 very helpful info
thanks a lot
【在 w********r 的大作中提到】
:
: go
: banks in & out everyday, what you are doing is more important.
: mbs hedge fund buy & hold(need some hedging of course), what you are doing is less important.
: Most is more about business, e.g. negotiate with banks/mortgage origniator to get those toxic stuff for a fire sale price....
: If you can move up to PM level, of course buy side more upside, but it is
: not easy.
| d*j
发帖数: 13780 | 92 你也很牛了。。。 那么多钱。
这个帖子真好啊， 感谢诸位大牛
【在 a********h 的大作中提到】
: very helpful info
: thanks a lot
| s***e
发帖数: 267 | 93 nice job, admire
go
【在 a********h 的大作中提到】
: good to know that i am not underpaid.
: so if i am getting paid 300K working 9-5 hours (not in NY),
: not a good chance to move to a hedge fund and make much more?
: I think view is important, but you still need model to tell the relative
: differences between loans and give price indications, so I also wouldn't go
: to the other extreme and call it useless.
| n***n
发帖数: 202 | 94 lz can email me. we can have a chat. I work at prop desk in nyc.
【在 x*******i 的大作中提到】
: 钱真jb多阿。我倒是pattern recognition的专家，有自己的alpha。不知道楼主能不能
: 具体说说要什么modeling skill?
| c****n
发帖数: 12 | | a********h
发帖数: 819 | 96 very helpful info
thanks a lot
【在 w********r 的大作中提到】
:
: go
: banks in & out everyday, what you are doing is more important.
: mbs hedge fund buy & hold(need some hedging of course), what you are doing is less important.
: Most is more about business, e.g. negotiate with banks/mortgage origniator to get those toxic stuff for a fire sale price....
: If you can move up to PM level, of course buy side more upside, but it is
: not easy.
| d*j
发帖数: 13780 | 97 你也很牛了。。。 那么多钱。
这个帖子真好啊， 感谢诸位大牛
【在 a********h 的大作中提到】
: very helpful info
: thanks a lot
| s***e
发帖数: 267 | 98 nice job, admire
go
【在 a********h 的大作中提到】
: good to know that i am not underpaid.
: so if i am getting paid 300K working 9-5 hours (not in NY),
: not a good chance to move to a hedge fund and make much more?
: I think view is important, but you still need model to tell the relative
: differences between loans and give price indications, so I also wouldn't go
: to the other extreme and call it useless.
| n***n
发帖数: 202 | 99 lz can email me. we can have a chat. I work at prop desk in nyc.
【在 x*******i 的大作中提到】
: 钱真jb多阿。我倒是pattern recognition的专家，有自己的alpha。不知道楼主能不能
: 具体说说要什么modeling skill?
| c****n
发帖数: 12 | | | | C*****y
发帖数: 1 | 101
请问一下现在还能接收internship吗？
求学习。unpaid
【在 s******r 的大作中提到】
: cilv is better able to answer those questions, I am not that familiar with
: fixed income space.
| k*****u
发帖数: 1688 | |
|
