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by ReggieCommaRose 2082 days ago
No one (prop/hedge funds) really does that anymore. Hiring poker players directly that is. Outside of really niche small firms with really specific cultures. It kinda almost happened with SIG and Jeans89 but Jeans already had a relevant degree on top of being a top 0.00001% player.

The direct analogies between poker and market making are already way thinner than many people make it out to be though they still exist. But I’d argue poker experience is basically completely useless for quant investing.
1 comments
hnracer 2082 days ago
Nobody hires directly for it but it is considered favourably. SIG also has Bill Chen heading stat arb. Most firms I know of have a reasonably vibrant poker culture internally.
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ReggieCommaRose 2082 days ago
Is the head of stat arb now? I thought he was messing around with sports betting in Dublin or something.

Anyhow having played/discussed cards with quite a few trading and research people from SIG I can safely say the poker thing there is more marketing fluff than anything else. Pretty effective marketing though it seems. Which is fine of course, because trading is a completely different game.

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