<t>Excerpt from Ludwig Von Mises:The Problem of Quantitative Definiteness Laboratory experiments and observation of external phenomena enable the natural sciences to proceed with measurement and the quantification of knowledge. Referring to this fact, one used to style these sciences as the exact sc...

Dear gsrabyou are causing a circular reference, as your argument brings us back to the question; name a quant with over 100m net worth.

<t>If finance, the big money is made by growing risk capital, not by your salary. Thats why hedgies earn exponential multiples of what the highest paid investmment bank ceos get.I also dont have to prove the merits of fundamental analysis: soros, kovner, robertson, lee ainslee, vinik, drukkenmiller,...

<t>A quant is a modern day peddler of snake oil. The average quant has never bought a single share in his life, nor put up margin in a commodity account, yet he believes that he understands financial markets intricately enough to model their behaviour. His education is usually highly mathematical, w...

<t>My dear sirs, did the townspeople harass the boy who shouted that the emperor had no clothes.......My last post attracted some of the most illiterate responses ever. Firstly, this is not about salaries. No person on earth has ever become rich via a salary; especially traders. Secondly, this is no...

At his peak (before the blowout), Neiderhoffers entire funds under management were 100m. Lo and Grossman are quite poor.The point is that quant education is relatively useless and spectacularly overated. Why learn something that cant make you money? In finance, its all about your p&L.

<t>The sad part, player, is how you lot deride fundamentalists on how their analysis doesnt work, when it has actually passed the acid test: it is profitable. To be honest, I even know technical analysts with more money than the quant community combined. I cant stop laughing when I see the flashing ...

<t>Dear (appropriately named) ppauper.I doubt wilmott is anywhere near 100m, or that he has ever made a coin trading. He does have a very lucrative franchise however, selling "mysticism 101" and "advanced soothsaying" books disguised as sophisticated mathematical finance texts. Kind of like the cran...

<t>Graduated top of my class undergrad, honours degree in finance. All quantitative modules aced with distinction. Dont evade the question; the lack of pertinent replies shows just how much black scholes and kolmogorov is equivalent to rain dancing and the casting of lots. You lot are probably bette...

<t>In finance, a couple million is made by serious traders in a few weeks. Rich=soros, kovner, drukkenmiller, lampert, cohen, tudor jones, etc. To be linient, lets name a quant with over 100million personal wealth. Failiure to do so will highlght how quant finance is nothing more than glorified astr...

Name one rich quant.

Anyone with relevant insights on the above course ie is it worth my 17K given that I am a prospective non-eu applicant?