Would you send your DC to HYP so that they will find a quant job?

[Anonymous]

Anonymous wrote:I wonder if applicants to HYPS actually write essays saying "I want to go to your school so I can go work at a hedge fund and become silly rich." I'm sure there are plenty of "I am intellectually stimulated by finance and my internship last summer at a hedge fund (not mentioning that their uncle runs the hedge fund and they were just sharpening pencils) further cultivated my passion towards this fascinating industry, and an economics degree from your esteemed institution will better position me to achieve this noble goal (which will allow me to donate millions back to you so my spawn can then attend your school)."

Pretty much what my nephew did (although to another top 10 university).

Got a degree in math. Went to a hedge fund & retired at age 28 with a lot of money. Left hedge fund because the market activity soured.

Now in LA producing & writing scripts. Has been published a lot.

[Anonymous]

Anonymous wrote:Seems many parents are doing that. They would causally mention that now their DCs work a quantitative finanace job at Jane Street, and I can see they are super proud.

Why would you do that? Don't you go to HYP to change the world?

I can understand kids who go to MIT CMU etc tech schools do that. But HYP?

In our Asian moms community, yes quant job is very hot due to its high pay (in a good year > 1 million pay). It's not just HYPMS, state flagship and tech schools too.
Typically needs to be a camper in high school. Kids doing this began drilling math at a very early stage. Very nerdy and not social. I felt sorry for them. But no mom can resist the temptation of outrageously high pay.

Yes, some can retire early at a young age by working a quant job.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Seems many parents are doing that. They would causally mention that now their DCs work a quantitative finanace job at Jane Street, and I can see they are super proud.

Why would you do that? Don't you go to HYP to change the world?

I can understand kids who go to MIT CMU etc tech schools do that. But HYP?

In our Asian moms community, yes quant job is very hot due to its high pay (in a good year > 1 million pay). It's not just HYPMS, state flagship and tech schools too.
Typically needs to be a camper in high school. Kids doing this began drilling math at a very early stage. Very nerdy and not social. I felt sorry for them. But no mom can resist the temptation of outrageously high pay.

Yes, some can retire early at a young age by working a quant job.

Why does a loser feel sorry for people
Who are clearly better? Only on DCUM🤣

[Anonymous]

Anonymous wrote:

Anonymous wrote:Seems many parents are doing that. They would causally mention that now their DCs work a quantitative finanace job at Jane Street, and I can see they are super proud.

Why would you do that? Don't you go to HYP to change the world?

I can understand kids who go to MIT CMU etc tech schools do that. But HYP?

In our Asian moms community, yes quant job is very hot due to its high pay (in a good year > 1 million pay). It's not just HYPMS, state flagship and tech schools too.
Typically needs to be a camper in high school. Kids doing this began drilling math at a very early stage. Very nerdy and not social. I felt sorry for them. But no mom can resist the temptation of outrageously high pay.

Yes, some can retire early at a young age by working a quant job.

Nobody is drilling math in middle school just to become a quant, because it’s such a narrow niche. You have to be majorly stupid to paint so.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Seems many parents are doing that. They would causally mention that now their DCs work a quantitative finanace job at Jane Street, and I can see they are super proud.

Why would you do that? Don't you go to HYP to change the world?

I can understand kids who go to MIT CMU etc tech schools do that. But HYP?

In our Asian moms community, yes quant job is very hot due to its high pay (in a good year > 1 million pay). It's not just HYPMS, state flagship and tech schools too.
Typically needs to be a camper in high school. Kids doing this began drilling math at a very early stage. Very nerdy and not social. I felt sorry for them. But no mom can resist the temptation of outrageously high pay.

Yes, some can retire early at a young age by working a quant job.

Nobody is drilling math in middle school just to become a quant, because it’s such a narrow niche. You have to be majorly stupid to paint so.

They have older siblings who they copy. Also older Chinese students they look up to and imitate.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Seems many parents are doing that. They would causally mention that now their DCs work a quantitative finanace job at Jane Street, and I can see they are super proud.

Why would you do that? Don't you go to HYP to change the world?

I can understand kids who go to MIT CMU etc tech schools do that. But HYP?

In our Asian moms community, yes quant job is very hot due to its high pay (in a good year > 1 million pay). It's not just HYPMS, state flagship and tech schools too.
Typically needs to be a camper in high school. Kids doing this began drilling math at a very early stage. Very nerdy and not social. I felt sorry for them. But no mom can resist the temptation of outrageously high pay.

Yes, some can retire early at a young age by working a quant job.

Nobody is drilling math in middle school just to become a quant, because it’s such a narrow niche. You have to be majorly stupid to paint so.

They have older siblings who they copy. Also older Chinese students they look up to and imitate.

That’s not even a path as you paint it to be, although there is a correlation. Also, you can’t just drill into being a camper. It requires significant raw talent. Anyways, I smell sour grape from someone who is coping with the fact that their own kids are mediocre.

[Anonymous]

Anonymous wrote:Harvard and Yale alum care about money over ethics. It’s why so many are in government.

You mean politics.

[Anonymous]

Anonymous wrote:What is Jane Street?

Proprietary quant trading firm.
Made a big splash with super high pay packages.
Retire by 30 type of money.

[Anonymous]

Anonymous wrote:You cannot get into Jane Street unless you are very strong in math and physics. If you truly are very good at math they will interview from any school. The top schools at Jane Street are MIT, Harvard, Stanford and Berkeley but the common thread is being strong at math.

They really like USAMO kids.

[Anonymous]

Anonymous wrote:I know a family with a really super smart and quirky kid who went to Harvard and is now at Jane Street. His dad is actually disappointed that this kid, who really seemed like he would do something interesting and world-changing, decided to follow the herd.

The "herd"?

[Anonymous]

Anonymous wrote:

Anonymous wrote:You cannot get into Jane Street unless you are very strong in math and physics. If you truly are very good at math they will interview from any school. The top schools at Jane Street are MIT, Harvard, Stanford and Berkeley but the common thread is being strong at math.

It’s depressing how many very bright TJ alums we know just ended up in finance or quant. Many went to Harvard, too. Strengthening the core curriculum ethics and social sciences might be necessary.

It's hard to avoid the focus on Jane Street when there is a part of the school named after Jane Street.

For what it's worth, all the kids that used to gun for jane street are now gunning for AI start-ups.

[Anonymous]

Anonymous wrote:You need to rethink who a HYP student is these days. It isn’t preppy John who summers on Nantucket. It’s super smart strivers who test well and want to keep striving, not change the world.

Those strivers are developing AI.
Those strivers are developing fusion power.
Those strivers are democratizing algorithmic trading.

They don't care about changing the world but the strivers are the ones changing the world.

Treat the smart kids well and show them kindness, perhaps we can trick them into thinking that the world should be kind.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Seems many parents are doing that. They would causally mention that now their DCs work a quantitative finanace job at Jane Street, and I can see they are super proud.

Why would you do that? Don't you go to HYP to change the world?

I can understand kids who go to MIT CMU etc tech schools do that. But HYP?

Bush and Vance both went to Yale. I think the world needs less "leaders" to change the world from Yale, that's for sure.

WTF has Vance accomplished, good or bad?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Seems many parents are doing that. They would causally mention that now their DCs work a quantitative finanace job at Jane Street, and I can see they are super proud.

Why would you do that? Don't you go to HYP to change the world?

I can understand kids who go to MIT CMU etc tech schools do that. But HYP?

In our Asian moms community, yes quant job is very hot due to its high pay (in a good year > 1 million pay). It's not just HYPMS, state flagship and tech schools too.
Typically needs to be a camper in high school. Kids doing this began drilling math at a very early stage. Very nerdy and not social. I felt sorry for them. But no mom can resist the temptation of outrageously high pay.

Yes, some can retire early at a young age by working a quant job.

Why does a loser feel sorry for people
Who are clearly better? Only on DCUM🤣

DP
Because the vast majority of them will not end up at places like Jane Street

[Anonymous]

Anonymous wrote:

Anonymous wrote:You need to rethink who a HYP student is these days. It isn’t preppy John who summers on Nantucket. It’s super smart strivers who test well and want to keep striving, not change the world.

Those strivers are developing AI.
Those strivers are developing fusion power.
Those strivers are democratizing algorithmic trading.

They don't care about changing the world but the strivers are the ones changing the world.

Treat the smart kids well and show them kindness, perhaps we can trick them into thinking that the world should be kind.

Many are making the world a much worse place in defense tech.