Yes, exactly. I used to a quant on the IB as well as money mgmt side of the biz. But a quant is more than just a programmer. He has to know 1)...
Well.. it's not that the statistical side of things is so important unless you are a quant fund then it's all statistics! but more traditional...
Hmm... That's hard to say. Performance do count a lot. But you gotta be able to manage size(in hundreds of millions or billions). So, let's say...
I would tend to agree. But I think different people have different time horizon. Daytraders horizon is only within the day and most don't even...
Yes, I would agree! Education, though expensive in the U.S., is still very accessible! I went to a top Ivy Leage school that costed around $20K/yr...
I like to comment some things from those links: Jim Clark........self-made billionaire American businessman; founder of "Netscape"; first...
Interesting set of facts that are pretty well known. And the last link about Larry Ellison commencement speech at Yale is FAKE! Read NOT REAL!...
Here's what I've reached in terms of conclusion due to soul-searching. Prop trading isn't for everyone. Trading in general isn't for everyone....
Yeah, I would totally agree! Prop trading isn't for everyone. Trading in general isn't for everyone. Investing isn't for everyone. Speculation...
I think that's probably true of ANY competitive sports or activities. Someone once said,"You don't trade stocks! You trade against people!"...
Here's what I think. Trading is NOT a traditional job where education, credentials, and normal kinds of work is needed. Most people in our...
One more caveat... The only time and place when a really solid academic/education would be useful in trading is in quant trading. Quant...
Hmm... Very interesting discussion. Every once in a while, a discussion of this type pops up on this board. Here's my background and personal...
hi traders! i'm back. Well, I don't think I meant in my first and original post for people to come out and say their actual "numbers" or...
daniel, daniel wrote:"If, however, you haven't got the 3 mil already, but instead have, say, $25 and you wanna be making $100k per year, you're...
vhehn: That was my POINT exactly to Don and his usage of the term "borrow" which I said is NOT what it's about. It's more liek allocation of...
Don: I hope you realizing i'm NOT in any remote sense of the word attacking you aka Hitman style. LOL. I'm just trying to clarify the various...
Don, Uh-huh. Again, I'm confounded. What you are stating is just the obvious facts of how capital markets work. They exist for allocation of...
HUH? Warren Buffet does NOT borrow money for his multi-billion dollar funds/LP. Those are his investors. You are saying apples and oranges here....
Don, Hmm.. I'm not sure if I understand your pointt here. You wrote:"Would it really matter to these people if they paid 72.50 or 72.70 on...
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