I think in the era of losemind's question, the market variables were slightly different.

do you have a grad degree and what is your job profile now?

<t>QuoteOriginally posted by: KackToodlesQuoteOriginally posted by: linguafranca if u ask this guy what he loves, the answer is "money". if u ask him what he loves to do, his answer will most likely being "make money". truly pathetic... this is true of 99.9% of people on wall street if they were hon...

<t>This is actually a horrible list from QS world universities, it is extremely biased towards british schools. UCL is not close to a world top 10 school, it would be better to look at a British U ranking and decide if your school is top 5 in england. In which case UCL probably still is, so what I s...

<t>QuoteOriginally posted by: ArthurDentQuoteOriginally posted by: harrisont Great because? You can make money off the suck-er investors, who fancy mathy shit and think a bunch of Phd's are going to make their money grow when little do they know that investing in this kinda fund can have a negative ...

<t>Investing in a biotech company, or anything that has a physical "product" is very different from investing in a quantitative fund. Anyone should be allowed to invest in companies with real products (or doing research into creating a new product) and not productless quantitative funds that run clo...

oh yeah, if you cant provide a solid fundamental explanation, no one will take you seriously in such settings. infact you have to hide your quantitativeness, since it is a structured and uncreative way of thought, hence the ability of being able to quantify it!

<t>Haha i know what you mean Kack. When the sell siders come on tv, or when they have their meetings with us, its always the obvious they talk about. They explain and forecast market movements using all of the most rather easily (to a spec guy) observable factors. Haha we always ask a "real" questio...

anyway my point is that Stat arb is pseudo science, in guise of little understood mathematical sophistication.

<t>think energy. Why do I attack other peoples business? Because I see some smallish hedge funds around me, whose strategy is stat arb in the way I mentioned or technicals (MACD, RSI and indicators based on that kinda shit, i.e. trend followers). I just am too nice to tell them that their funds are ...

I'm a commodities guy. Equities and bank-client-instruments can kiss my hairy Papua new guinean ass.

haha no. I am directly involved with all of the points mentioned. And no pink slip for me mr. tool, luckily I really understand the underlying and not only derivatives .

<t>Real arbitrage = risk free profit, i.e.1. No brainer cross market arb.2. Physical market arbitrage, storage, delivery, locational.3. Selling a derivative and being able to "perfectly" replicate it, and making money off the nice premium.4. Mispriced options that are not at the money in highly liqu...

i PM'd you

I think solid General GRE and Math GRE (if you think you can do well) scores will do you a lot of good. Your GPA isn't horrible, I've seen a couple of people of that gpa range (from IITs, with work exp) at some ivy league MBA programs!