People developing statistical models that are excercising the financial market a... | Hacker News

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		menaerus on Jan 28, 2025 \| parent \| context \| favorite \| on: Nvidia’s $589B DeepSeek rout People developing statistical models that are excercising the financial market at scale are the quants. These people don't come from financial degree background.

WJW on Jan 28, 2025 [–]

By and large they don't come from a software development background either though. It's all math and physics PhDs.

menaerus on Jan 28, 2025 | [–]

Exactly. My point was rather that (formal) financial degree background isn't quite the necessity. Quite the contrary in practice I think.

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