Q&A: How can you tell a Quant from a Trader?

Two guys walk into a room and find a bag of cash under the table...

The first guy thinks: This is crazy. Anyone could walk in here and take this money.

The second guy says to himself: Cool. What's the worst thing that could happen if I just took this money?

Which guy is a Quant and which Trader?

The first guy is a Quant. By training he wouldn't think of taking the money if it wasn't compensation for hard labor and sweat. The second guy is a Trader. The situation is simply an opportunity with possible consequences.

Category: C++ Quant > Random Walk

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