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Search found 118 matches

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by mbunea
June 25th, 2022, 3:28 pm
Forum: Book And Research Paper Forum
Topic: Cracking the Finance Quant Interview
Replies: 13
Views: 12961

Re: Cracking the Finance Quant Interview

>> Well, grasshopper, there are do not hire lists in the businesses as well.

UUU, I'm soo scared. 

Seriously, there's hardly anything lamer than the "do not hire" legend.
by mbunea
June 22nd, 2022, 1:20 pm
Forum: Book And Research Paper Forum
Topic: Cracking the Finance Quant Interview
Replies: 13
Views: 12961

Re: Cracking the Finance Quant Interview

I view these "admission exam" tests as competing with AIs. I got rejected from the Romanian Technical Military Academy (the local Google of those times) because I didn't study enough. About 10 candidates per 1 job, selected from the finest in the Country. Didn't have a fine enogh coverage ...
by mbunea
June 22nd, 2022, 12:23 pm
Forum: Book And Research Paper Forum
Topic: Cracking the Finance Quant Interview
Replies: 13
Views: 12961

Re: Cracking the Finance Quant Interview

I have been contemplating going back to finance after being "out" for 6 years (since 2016), after being "in" for 10 years (2006-2016), after being "out" for 5 years previously (2001-2006). My personal problem is "how to maximize my income" with the use of the ...
by mbunea
June 4th, 2022, 8:41 am
Forum: Book And Research Paper Forum
Topic: Pricing options on VIX (volatility)
Replies: 4
Views: 5911

Re: Pricing options on VIX (volatility)

Thanks @Mardsen for comments and @bearish for the Grunbichler & Longstaff reference.
by mbunea
May 31st, 2022, 3:48 pm
Forum: Book And Research Paper Forum
Topic: Pricing options on VIX (volatility)
Replies: 4
Views: 5911

Pricing options on VIX (volatility)

So how do you guys price options on volatility (VIX)?   VIX is pretty much a volatility index so the current volatility IMPLIED from option prices and not some future on it.  What formula do you use? By my knowledge is some Black model using futures on VIX and as far as I tested it fits the observed...
by mbunea
November 25th, 2021, 10:17 am
Forum: Careers Forum
Topic: are recruiters truthful?
Replies: 5
Views: 7742

Re: are recruiters truthful?

You need to correctly visualize who the recruiters are and where are they placed in the social hierarchy. If a company's social structure is described by the Gervais pyramid ( https://www.ribbonfarm.com/2009/10/07/the-gervais-principle-or-the-office-according-to-the-office/ ) with ruthless sociopath...
by mbunea
December 19th, 2020, 11:53 am
Forum: Trading Forum
Topic: Marketing a trading strategy
Replies: 3
Views: 6454

Re: Marketing a trading strategy

>> Are you looking to pitch your strategy to institutional players like hedge funds? Or are you offering you insights how to send bulk spam emails to these guys?  The former (pitch strategy, that is). >> Imho sending spam to these dudes is not going to work.  https://imgur.com/a/Fy3KvMc (Obviously t...
by mbunea
December 12th, 2020, 12:37 pm
Forum: Trading Forum
Topic: Marketing a trading strategy
Replies: 3
Views: 6454

Marketing a trading strategy

Initial setup: you're unknown, unproven, unremarkable (till now). Still you've got 20 years in software development and 15 years of experience in finance, 10 of which employed as a quant. You keep researching on your own time, use the software developed by yourself to define trading strategies, vali...
by mbunea
June 28th, 2020, 11:37 am
Forum: Trading Forum
Topic: How does a trading strategy reach production?
Replies: 6
Views: 8341

Re: How does a trading strategy reach production?

@leptoq : thanks, I'm good for now. 
by mbunea
June 26th, 2020, 7:23 am
Forum: Trading Forum
Topic: How does a trading strategy reach production?
Replies: 6
Views: 8341

Re: How does a trading strategy reach production?

Imma definitely gonna paper trade, more precisely I'm building an automated system to trade my strategy. On virtual accounts first, but this is how they do it in finance too - test as close to production as possible. If it still works, fine, I'm gonna trade my own money and in a lot more confidence,...
by mbunea
June 16th, 2020, 7:05 am
Forum: Trading Forum
Topic: How does a trading strategy reach production?
Replies: 6
Views: 8341

How does a trading strategy reach production?

I suppose at least some companies do research trading strategies in their quest for making a profit. I do the same thing and seem to get good results, I started with a solid mathematical pricing model, tested it in software to make sure it behaves as theoretically predicted and now I ran a backtest ...
by mbunea
April 7th, 2019, 5:05 pm
Forum: Careers Forum
Topic: Career planning after 12 years in the field
Replies: 26
Views: 19308

Re: Career planning after 12 years in the field

>> RE: my own title. I started this thread when? About 6 months ago it seems. Good opportunity to figure out what changed in the meantime. One thing that still surprises me is how I still accumulate knowledge, although I'm tempted to rather call it "wisdom" at this point. Like the observat...
by mbunea
April 7th, 2019, 4:49 pm
Forum: Careers Forum
Topic: Career planning after 12 years in the field
Replies: 26
Views: 19308

Re: Career planning after 12 years in the field

Uuu... very interesting. What Great Schism? It was the night of the Big Wind. But you are too young for that nonsense.It will be declassified in 2030. You're not the first board who I witnessed getting divided, the schism seems like an inevitable asymptotic law of politics. Usually the same parishi...
by mbunea
April 7th, 2019, 4:40 pm
Forum: Careers Forum
Topic: Career planning after 12 years in the field
Replies: 26
Views: 19308

Re: Career planning after 12 years in the field

mbunea, would you mind sending me a private message? I'd like to run something by you (but can't send you a message as I am a new user).
Sent.
by mbunea
February 16th, 2019, 7:43 am
Forum: Careers Forum
Topic: Searching for a job after a multi-year break
Replies: 33
Views: 21719

Re: Searching for a job after a multi-year break

Man, these hedge funds and HFT shops and in general "world renowned investment bank", they only hire THE BEST. Crème de la crème. Top 2% of the already very competent. How does it work? Enrico Fermi on "great generals" nailed it long ago, just replace "army" with "...
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