Hedge fund, quantitative equities - I've seen vastly varying estimates, hence my question here. thanks.

<t>QuoteOriginally posted by: iliketopologyThat is what I received for last and this year in US with a front desk job as quant trader and 6 years of experience. I also have a non-compete. is it just me?Can you elaborate what exactly type of "FO trading" position you are in? My role comes with a simi...

<t>Hypothesis testing, distribution fitting, etc. ? I realize that wilmott might not be the best place for questions which relate to general stats rather than specific finance application ? so please advise. I am looking for an acitive forum with loads of posts daily (so I can search through them be...

what is ACD? What about some standard distributions - like Weibull with lambda>1, for instance - would that not be appropriate?What is the continuous version of Poisson - I guess that is what I'm after really.

<t>I am looking to model the total quantity filled in some time interval. Let?s say, fills in a security / category of securities (grouped by exchange, market cap, etc), and under some conditions. (1) fills occur randomly with some frequency: I guess that the number of fills could be modelled by Poi...

I asked a specific question and don't need to be reminded that only money-making units get good compensation pools. Distribution of total comp for quant trade on algo desk in equities, please.

<t>What would be mean, good (top 20%), very good (top 10%) base salary and bonus for a quant trader (equities) with around 3yrs experience? In London.We are talking about a situation where one joins an existing group and contributes towards the group's shared strategies. So this is more of an algo-t...

<t>QuoteOriginally posted by: TraderJoeIf the company declares insolvency between you leaving yours and joining them then you will most likely get nothing, regardless of whether you have a contract or a lawyer or not. Insolvency in this market is a daily occurrence (see Bear Stearns, and loads of HF...

<t>Are there any "hidden" risks with such offers that I should be aware of? For example, is there any possibility that the firm making the offer withdraws from it, blaming market conditions / unexpected mortgage write-downs etc, after I have given my notice at previous job? Any specific clauses that...

<t>Quotenom, I don't like your explanation because we can easily conceive of a probability distribution over all numbers that is close enough to uniform over whatever numbers we run into that the apparent 25% advantage of switching still overwhelms any probability difference.Ok, so googling "siegel ...

<t>QuoteYou have two envelopes, with B(big) and S(small) amounts and p=0.5 to pick either. If you picked B, the value of exchange is deterministic, it's (S-B), if you picked S, value of exchange (B-S). Total value of exchange v = 0.5(S-B) + 0.5(B-S)=0So, it doesn't make sense to switch.Of all the an...

Quote He would be preparing to give away more money, and you should always take the second.There are no "first" or "second" envelopes. Why would you assume you konw which envelope was prepared first?

<r>This is a well-known problem with lots of discussions on it. Here's a relevant wikipedia link <URL url="http://en.wikipedia.org/wiki/Two_envelopes_problem">http://en.wikipedia.org/wiki/Two_envelopes_problem</URL> and a short desciption of this problem for those not yet familiar with it:"Let's say...

<t>QuoteWhat exactly do you mean by randomly jump? Flipping a coin when you see each cart? this I guess we could assume choosing any of the carriages with equal probability. QuoteExpected length with respect to what probability measure? Maybe you have some prior belief on distribution of train lengt...

<t>I would say there is no answer to this problem?To calculate the probability we have to have an assumption of the distribution of possible outcomes, i.e. numbers of carriages. Clearly, we cannot just say that "any number of carriages is equally likely", because there is no such thing as uniform di...