what is the difference between core quant job vs.the rest? Is high frequency and other statistical work core quant? Vs. equity asset management where one does stock selection, asset allocation is not? thoughts please

core does not refer to asset class. core refers to your role in the quant group. if you are responsible for creating and designing and perhaps changing the strategy, then you are core. otherwise, you are just in a support or programmer/developer/grunt role.

QuoteOriginally posted by: deepvaluecore does not refer to asset class. core refers to your role in the quant group. if you are responsible for creating and designing and perhaps changing the strategy, then you are core. otherwise, you are just in a support or programmer/developer/grunt role.well, the senior person that I report to does most of the changing strategy like adding variables, signals, etc. he does not have his own trading ideas but mostly does econometrics work. there was another colleague who said that he was no core quant. made me really think what is core quant then?

Core usually refers to more computer based work i.e. systems work, maybe efficiency, infrastructure - it is the MOST IT of the quant roles. They do get quite well paid though.

QuoteOriginally posted by: deepvaluecore does not refer to asset class. core refers to your role in the quant group. if you are responsible for creating and designing and perhaps changing the strategy, then you are core. otherwise, you are just in a support or programmer/developer/grunt role.That is exactly the opposite of the sense I've heard "core" used in.

QuoteOriginally posted by: EscapeArtist999Core usually refers to more computer based work i.e. systems work, maybe efficiency, infrastructure - it is the MOST IT of the quant roles. They do get quite well paid though.I see. Then that would rule out most of the PhD in Finance? I guess most MFEs might end up being core quants. Kind of confusing. The reason is also that I was interviewing for other group in NY and they also said I was not core quant kinds. Thought they meant that I don't have phd but guess that would be only part of the story.

deepvalue is wrong about everything.

QuoteOriginally posted by: BigMike3541deepvalue is wrong about everything. big mike, if there as an FDA govt agency to regulate your quant strategy and approve it's safety for investors, would your strategy pass muster? Or is your strategy junk math, junk statistics -- more like astrology with lipstick? Be realistic, not arrogant.