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by fractionalhare 1905 days ago
Yeah, lol. Love reading all these myths about the finance industry regurgitated on HN. Most options traders I know don't have a PhD. Of the subset that do, it's usually more multidisciplinary than just stats because there's a lot more to derivatives pricing than just probability theory. Masters degrees are really common though.

Reading HN, you'd think every quant trading firm had the exact same culture and hiring practices as RenTech.