Word: quant
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...MARY QUANT With bright, geometric designs, hemlines pioneeringly economical in length and a silhouette breezily loose, Londoner Quant set off the Youthquake look...
...runs Equity-Income II, a fund with over $14 billion. Between 1992 and 1994, Posner outperformed the S&P 500 by wide margins, but in 1995 his results were lower by about 11 percentage points; this year he's just about even with the market. He calls himself "a quant from the University of Chicago," but he insists that the daily contact with the other managers and analysts is what really helps his thinking. He cautions new analysts against relying too much on technology. "I tell them, 'Don't let it become a crutch to eliminate face-to-face contact...
...think it is valuable for some more than others," says first-year Brian E. Krim. "Quant is great for those with no quantitative skills, but I know it's not valuable to a good portion of the class...
...takes three to six months, says one quant who has made the transition, to change a shy, bookish type into a ruthless money-making machine. What's required, says this alumnus of the system, is "to lose your sense of decency. You have to be rude, brash, you have to be selfish. Also you have to start ignoring 90% of what you are told." He describes, perhaps admiringly, a vulnerable Ph.D. from Princeton University. This fellow wore $50 suits and thick glasses. He was painfully polite. Transformed, he became the quant from Hell. "He's got this personality suddenly...
...somewhat glum conclusion: "So wait till the Generation Y quant people hit Wall Street." When this occurs, at least one Generation X precept is unlikely to be disproved. As one quant said last week, "If you make money, ) nobody calls you a geek...