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.
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.
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.
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?
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)."
Anonymous wrote:are you stupid? so many go into consulting from hyp. why is this any different
Anonymous wrote: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)."
lol said no one ever.
Anonymous wrote:Anonymous wrote:Anonymous wrote:What happens to the Quant world when market sells off ~50% and beat market lingers for a decade or so?
HYP lasts forever
Quant...hard pass.
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?
Nah.
$$$
This.
OP is hilarious for thinking that kids and parents are storming HYP to 'change the world'.
Anonymous wrote:I wonder if applicants to HYPS actually write essays saying "I want to go to your school so I can go work at a hedge fund and become silly rich." I'm sure there are plenty of "I am intellectually stimulated by finance and my internship last summer at a hedge fund (not mentioning that their uncle runs the hedge fund and they were just sharpening pencils) further cultivated my passion towards this fascinating industry, and an economics degree from your esteemed institution will better position me to achieve this noble goal (which will allow me to donate millions back to you so my spawn can then attend your school)."
Anonymous wrote:Anonymous wrote:Seems many parents are doing that. They would causally mention that now their DCs work a quantitative finanace job at Jane Street, and I can see they are super proud.
Why would you do that? Don't you go to HYP to change the world?
I can understand kids who go to MIT CMU etc tech schools do that. But HYP?
Nah.
$$$
Anonymous wrote:Anonymous wrote:What happens to the Quant world when market sells off ~50% and beat market lingers for a decade or so?
HYP lasts forever
Anonymous wrote:Anonymous wrote:What happens to the Quant world when market sells off ~50% and beat market lingers for a decade or so?
HYP lasts forever
Anonymous wrote:We should call this thread Jane's Addiction.
Anonymous wrote:What happens to the Quant world when market sells off ~50% and beat market lingers for a decade or so?