314 karma · joined April 5, 2012
Disagree. If you have an easy recipe feel free to share :). You have to be a front office VP to be guaranteed this kind of money. Aleynikov made 400k as a senior VP working on HFT infrastructure at Goldman.
Most of these formulas are very rarely used even by quantitative analysts. The most used are for standard deviation and regression. The more complicated ones are generally used as a part of statistical routines, say, in R. It is very rare that someone has to code them.
> From a statistical point of view, 5 events is > indistinguishable from 7 events. What is this supposed to mean? There is a concept of statistical significance but if an effect is not statistically significant it does not follow that it does not exist. Btw where is the Bayes formula? :)
Tuition and health insurance is about the same everywhere. Housework is not that hard, maids are not that expensive. Absolute cleanliness is not something that kids require, neither is owning a (2-bed, 3-bed, huge) house.
In my opinion, your restrictions are quite arbitrary. So you would not have kids while working as a software engineer, but plenty of people do.
Now you are getting carried away :).
"A mixture of street counts and estimates indicated 557 people slept rough on any one night in London 5,678 different people slept rough over a year in London (April 1 2011-March 31 2012)"
"According to SFGov, the total number of homeless individuals and families in San Francisco for 2011 was 6,455."
There are definitely more homeless as percentage of population in San Francisco though.
> response to the question of whether sequence A is a sub-
> sequence of sequence B.
If you can't solve this really fast it means you haven't practiced enough for the interviews.
> of course calculating the permutations of a list is n-
> squared
If I understand you correctly, it is actually n!, because there are n! permutations of n objects.
Basically, your problem seems to be lack of preparation. You study a lot but you haven't studied things that are asked in the interviews well enough.
I would recommend "Cracking the Coding Interview" book. Of course you need to actually solve problems from it. There is lots of valuable advice there. Courses on algorithms on Coursera are also pretty good.
As I have said before, really huge compensation levels in finance exist for VP-level people. Please keep in mind that "VP" in finance means something like "pretty senior", he might no be a manager at all. These guys have around 5 years experience and if all went well for them they can be making around 300k. These would be hard to match en masse while avoiding a situation when of two engineers doing the same job one is paid X and another 2X.
You will likely need a PhD to get a job at all. Maybe a top MFE, but most MFE graduates are perceived to have very shallow knowledge, which has a grain of truth to it.
As lots of posters have already said, the solution to work-life balance is not more benefits to working mothers. It is more benefits for everyone. Paid parental leaves for both women and men and more time off.