Sunday, March 11, 2012

Quote of the Day

A willingness to embrace uncertainty, a certain ruthlessness in acquiring, testing and rejecting new ideas is also what employers are looking for. “That’s what it’s like in this area,” said Rafael Molinero, who runs a quant-led hedge fund, Molinero Capital Management, where three students from the centre are currently on work placements. “You always have to reinvent yourself to stay on top of the curve. That is a big driver for us. That is what we want to see in them.” And the best way to keep your head is to listen to your algorithms, rather than your heart. As Molinero put it: “The main idea when you become a quant is that a computer is less prone to pitfalls than a human.”

- More Here on Quants


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