[TotalCrackpot]

That's interesting - does your career require any formal education? Or were you able to develop some crucial skill on your own? Can you share what is your career about and where you started and where are you now? For example - do you hire employees or are you a landlord now, or are you an employee?

[fnordpiglet]

No, I’m a software engineer. I barely graduated high school because I was too busy smoking pot and programming at a time when you needed a degree to get a good job so didn’t have much opportunities despite being pretty skilled at programming. I got a job at Netscape tho as one of the first tech companies that didn’t look at credentials before skill. I did well there and did my own companies. But before I had nothing and move to California with $5 and a change of clothes, slept on the floor of someone I randomly met on irc (I was lucky it didn’t turn out worse than it did don’t try this at home!) until I found a job. Anyway, after Netscape and my startups I became a quant on Wall Street, finished my cs degree, and have had a successful career since. Now I’m the top IC at a late stage startup.

[TotalCrackpot]

I don't really see how you become a quant on Wall Street before you finish the CS degree, they I think look at credentials a lot, can you at least give the name of the prop shop that hired you without a formal education? Did you have any good results in algorithmic competitions or math competitions in high school? And how did you learn programming without an actual computer? Did your parents buy you a computer when you were young?

[fnordpiglet]

A lot of quants didn’t go to college. On my team at a top trading desk at a top bank we had about 15 people, 4 of which never went to college. I actually got an internship due to a person on the desk having worked for me prior and went full time then finished my degree, so was already in school. But many folks took an alternate route. They were usually well experienced when they were hired. But in an arms race where what you can do is more important than nominal credentials a degree simply makes it easier.

No, I was a total loser in high school. I barely graduated and had awful test scores and did no extracurricular activities other than smoke pot.

My grandparents bought me a computer when I was young, I think because my mom saw how much I was interested in them. It was a c64, but had no storage devices so I had to type in programs from scratch each time which was a tall order for a 6yo, but I did it anyway. At some point someone gave me a 486dx2 board that was an extra and I built my first Linux box running 0.96. My schools also had an internet connection and I could get dialup access to some sunos boxes and some NeXT boxes in the library when I was in high school. One of my greatest wishes growing up was to have enough money to have the best monitor since my monitors were always garbage. My house now has nice TVs and monitors everywhere LOL, but they’ll never hold a candle to my first VGA monochrome monitor I delivered papers for a year to buy.

[currymj]

early 2000s was a different time also. nerd career paths hadn’t yet become prestigious and formalized.

there were no middle schoolers optimizing their resumes for how to get a Jane Street internship in 8 years bc Jane Street was only a few years old. same for a lot of other firms.

[fnordpiglet]

It really started around 1994 with Netscape and then the dotcom cultural mindset that valued ability over credentials.

Also at that time, as you say, there wasn’t a broad cultural awareness of the money to be made in quantitative fields. In fact this was the era of Revenge Of the Nerds movies and glorification of the idiot jock getting a business degree and the passionate nerd being the butt of the joke. You really only went my route if you were a total fuck up loser. Now the social view of things has completely pivoted.

I would say interestingly the middle school kids optimizing their resume only make it so far in industry. They’re never really passionate about what they’re doing they’re just laddering. At some point they shift to management or product or something. At the top firms though the people who really make the money and whose opinion has ultimate power are the fuck up losers who live and breathe their passion and would do it for free if that’s all there was.

[dan-robertson]

Some shops care more than others. Going to a target school also matters a lot more for interns/new grads than for more experienced hires.

[TotalCrackpot]

How do you practice for becoming a quant outside of the academic system?

[fnordpiglet]

You do things because you love it and couldn’t do anything other than that. You build and study not because you want a job but because when you wake up in the morning everything else you have to do is a chore and the reason you live is to learn and see things work. If that’s who you are, you will struggle with the chores of life like shelter and food for a while but you’ll learn and do so much of value people can’t ignore it.

[TotalCrackpot]

Ok, so how do you practice in practice? What specific actions do you do to make yourself more attractive to prop shops?