It's common for the same job to be posted in several consecutive months so I don't see why you translate ppauper's "jobs" into "new jobs".FirstQuantJob

I'm following all the good advice here. In particular, I am writing the food down.One immediate effect is that I've gone a bit compulsive on the diet drinks.No calories, of course, but probably still a bit bad for me.For some reason, water doesn't do the same trick.FirstQuantJob

<t>In portfolio management, is there a standard word/phrase for the correlation between transaction costs (or turnover) and the returns?It certainly seems that it should be a standard concept.Thank you.By the way, your responses to my diet issues were superb!! Lots of gems of helpful advice there. I...

<t>Our kitchens are full of crisps and chocolate biscuits etc and cans of non-diet Coke etc.So far, in my new job (3 months old, now), I am finding it difficult to resist snacking. If I am stuck on a problem, I eat biscuits etc. automatically without thinking about it.As a consequence, I am failing ...

<t>In Derman's "My Life as a Quant", he says that after the Black-Scholes equation was discovered, it took several more years before a solution was arrived at.If by "Black-Scholes Equation", he means "Black-Scholes PDE", then this doesn't seem possible since the PDE problem is very simple.How could ...

<t>QuoteOriginally posted by: TraderJoeQuoteOriginally posted by: FirstQuantJobQuoteOriginally posted by: ZmeiGorynychQuoteOriginally posted by: MarsdenIs your answer good enough, though? If it even is a solution, it's not very elegant. An infinite series of matrix multiplications for a problem that...

<t>QuoteOriginally posted by: bbkaranHow about a forum to discuss the interview process, questions, type of jobs etc.There are some members with wealth of info here. Newbies could learn a lot.bbkaranI disagree with this suggestion because there's already a careers forum which should cover such subje...

<t>QuoteOriginally posted by: ZmeiGorynychQuoteOriginally posted by: MarsdenIs your answer good enough, though? If it even is a solution, it's not very elegant. An infinite series of matrix multiplications for a problem that's solvable with paper and pencil? That's more like talking about solving a ...

<t>QuoteOriginally posted by: ppauperQuoteOriginally posted by: FirstQuantJobI don't have a comment on the problem but I do have a comment on this site.Perhaps it would work best if people posted (where possible) to subsections directly relevant to their queries?For example, if we posted brainteaser...

<t>Many posters seem to start threads in the general forum without checking whether a specific subsection is more relevant. For example, people sometimes post brainteasers in the general forum. This obviously makes it harder for readers who want to pursue a specific topic of interest to them.To disc...

<t>QuoteOriginally posted by: ZmeiGorynychWhat's the big deal about brainteasers? In this particular example, thinking for 30 seconds you see that the system is a Markov chain (with the states being numbered by how many different numbers we've seen, m+1 states for m-sided dice), with an obvious tran...

Not sure why but the acronym OT springs to mind here.FirstQuantJob

<t>QuoteOriginally posted by: KackToodlesQuoteOriginally posted by: Marsden "Well, small stocks blah blah blah blah ...," probably haven't made as much effort at turning the corner from theory to practice as they ought to have. So the only thing you learn is that one guy read up on the jargon and th...

<t>I don't have a comment on the problem but I do have a comment on this site.Perhaps it would work best if people posted (where possible) to subsections directly relevant to their queries?For example, if we posted brainteasers and probability problems in the brainteaser section?Just a suggestion bu...

<t>QuoteOriginally posted by: bbkaranQuoteOriginally posted by: FirstQuantJobIn my opinion, this is an extremely difficult question to answer under phone-interview conditions but looks deceptively simple once you've seen the solution.FirstQuantJobThe interviewer spent a lot of time on the phone wait...