Open Thread February 25 - March 3

Scott Garrabrant

If it's worth saying, but not worth its own post (even in Discussion), then it goes here.

Finance is diverse.

If you want to be a portfolio manager who makes, say, macro bets, yes, it's very much up or out. But if you want to be a quant polishing fixed income risk management models in some bank, it's a pretty standard corporate job.

But if you want to be a quant polishing fixed income risk management models in some bank,

What kind of social skills does that require? My impression is that this is the modern equivalent of court astrologer and requires some similar skills, i.e., cold reading.

2Alexandros12y

Startups are shockingly diverse too. And despite the super-high failure rates I hear about, the group of friends I've been tracking the past 5 years or so seem to be doing pretty darn well, despite some of them having failures indeed. I strongly suspect the degree of failure in startups correlates inversely with rationality skills (as it should) so rationalists should not be placing themselves on the same reference category as everyone else. Execution skills matter a lot too, but doing a startup has worked miracles for my motivation too.

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Open Thread February 25 - March 3

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If it's worth saying, but not worth its own post (even in Discussion), then it goes here.

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Open Thread February 25 - March 3

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If it's worth saying, but not worth its own post (even in Discussion), then it goes here.

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