[kccqzy]

> The hard part of quant is implementation, making sure your data is right, hunting through poorly understood markets, and managing risks carefully and understanding them.

In my experience I have seen far more division of labor than you describe. Real quants don’t do work like making sure your data is right or even much of implementation; they delegate that to software engineers. But a cheap quant shop might be too cheap to hire SWEs so quants end up doing this work instead. The real quant work is just hunting through poorly understood markets.