Are you smarter than a Quant Trader?

Are you smarter than a Quant Trader? The answer is probably not. And the reason I know this is because Quant trading requires some of the most brilliant people on the planet. I'm talking about PhDs from MIT, I'm talking about your high school valedictorian. And even they probably don't even have a shot at Quant trading. So what even is trading? It's when you use math, statistics, and code to find inefficiencies in financial markets to basically exploit them at scale and make these firms tons of money. So firms like Jane Street, Citadel, Two Sigma, Hudson River Trading. These companies hire a few dozen new grads every year out of tens of thousands of applicants. New grads are making $400 to $500,000 a year with room for advancement to make even a million dollars a year, $2 million a year, $3 million a year. So you're probably wondering where do I sign up? Well, first, you have to go to one of the schools that they're looking for. So for example, Stanford, Harvard, CMU, etc. After that, you're gonna go on their careers page and apply. They're gonna send you a technical online assessment. And these OAs are known to be very difficult. Let's say you miraculously scored a high on this, a recruiter will reach out to you and schedule an interview. And in that interview is where you will see there's actually levels to this. They're going to give you Olympiad style questions that are probability focused. So for example, I have a real interview question right here. Three points are chosen at random on a circle. What is the probability that they are on the same semi circle? The answer is 3/4. And if you got it right, congratulations. This is just an easy, easy question that you'll survive many more questions and multiple rounds of interviews. So in conclusion, quant, if you're a quant trader, you're built different. You're not like the rest of the people, and you're going to be compensated very handsomely for your talent. Let me know if this was insightful.