Quants | The Alchemists of Wall Street | VPRO documentary - YouTube thumbnail
Quants | The Alchemists of Wall Street | VPRO documentary - YouTube
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trading for what you need math skills it used to be you know historically you just have like floor traders and brokers you know screaming and shouting down on the floor of exchanges and trading stocks you know and the order came down and they would run up and they sort of a muscle there he added we'
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  • trading for what you need math skills it used to be you know historically you just have like floor traders and brokers you know screaming and shouting down on the floor of exchanges and trading stocks you know and the order came down and they would run up and they sort of a muscle there he added we're a different color jackets you know the classic ...
  • if you say to me the d by d big t version because we want them we are trying to find the stochastic differential equation not for log said so you're going to end up with new minus 1/2 Sigma squared let me backtrack it a wee bit here and we have a stochastic differential equation for Z then we can also write down stochastic differential equation for...
  • there'll be no more these credit instruments and I said you know second guys you really don't know your history you don't know human nature this will all blow over you know in a matter of months because we're back to the big bonus is everything goes back to as it was if people don't complain now then it serves them right when the next financial cri...
  • that we're trying to maximize right of course we have to maximize returns we have to do a good job in managing their money otherwise where we're going to do pretty poorly at collecting those fees I wanted to feel challenged again and enrolled in a quant program it cost me $60,000 tuition which means more debt that I now have to take on the incentiv...
  • full-time one and a half years no salary expenses living in downtown Manhattan plus paying full-time tuition so no alcohol for me not a drop at least till the end of the first semester I can't afford to lose a day to a hangover hardly any social life for the time being most of the other students are Asian or East Europeans math is their first langu...

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