Quants were the eunuchs at the orgy. The fluffers on the porn set of high finance. We were the ever-present British guy in every Hollywood World War II film: there to add a touch of class and exotic sophistication, but not really consequential to the plot. (查看原文)
By 2007, those hundreds of traders were gone. Instead, there were two traders, twenty quants building and maintaining models, and hundreds of very fast machines running cod (查看原文)
I would always prefer -- a hundred times prefer -- being subject to the rigors of the market, the fickleness of luck, and the whims of users than to navigate the popularity-contest politics of a large company, surrounded by the mediocre duffers who've succeeded in life through nothing more than guile and appearances. (查看原文)
To paraphrase the very quotable Silicon Valley venture capitalist Marc Andreessen, in the future there will be two types of jobs: people who tell computers what to do, and people who are told by computers what to do. (查看原文)