Computer Scientists Are Smarter Than You, Says Guy

And they're coming for the hedge fund jobs.

Get it? Didn't think so.

Teaching them finance? No problem. Turning a trader into a quant? Forget about it.

“Traders used to be first-class citizens of the financial world, but that’s not true any more. Technologists are the priority now,” says Jared Butler, a headhunter at Selby Jennings. “It’s easier to hire a computer scientist and teach them the financial world than the other way around.”

Hedge funds poach computer scientists from Silicon Valley [FT]


By D J Shin (Own work) [CC BY-SA 3.0 or GFDL], via Wikimedia Commons

Two Sigma Hires Google Brain Scientist To Finally Make This Damned AI Thing Work

Mike Schuster has the chance to be the hedge fund’s last human employee.

The SEC Is Giving Money Back, You Guys

The SEC is writing one hedge fund a check for $21.5M and the memo line says "Oops! Our bad."

This Guy Got A $20 Million Mandate While You Were Tweeting About Donald Trump

Memo to Tepper, Dalio, Soros et al: social media is the place to be these days if you want to raise money for a hedge fund.