Comments on: Econ 101 Works… Eventually

By: louiecypher

louiecypher — Fri, 14 Dec 2007 20:54:26 +0000

I am vindicated by this Economist article, marriage marketability hampers startup recruiting. Stuff it Louiecypher naysayers !

By: Rahul

Rahul — Fri, 20 Jul 2007 05:35:22 +0000

where did my comment go ?

For a thappal in the back room of the bunker.

By: melbourne desi

melbourne desi — Fri, 20 Jul 2007 04:58:54 +0000

where did my comment go ? initiallyshowed up but later vanished!!

By: Kris

Kris — Fri, 20 Jul 2007 02:50:21 +0000

@ 87 by louiecypher

Yes, pure physicists and mathematicians are very employable by virtue of being hella smart. DE Shaw is paying these guys to work as applied mathematicians/quant jocks...not explore something because it is "beautiful" as pure mathematicians are wont to do. I have friends from school who did PhDs in theoretical physics and now work for strat consulting firms making pretty, pretty powerpoint and getting paid $300k a year

well considering this blog-post about outsourcing and the above comment abt physicists working in wall street here is an interesting news article from the news-tab abt the concern of physicists' postion being "outsourced"

By: Rahul

Rahul — Thu, 19 Jul 2007 20:22:59 +0000

d*mb@ss and make a d!sproportionate v!g for $h!tw*rk.

Puliogre, man, for g*d’s s@k3, use something other than shift and the top row of keys

By: Puliogre in da USA

Puliogre in da USA — Thu, 19 Jul 2007 20:20:06 +0000

I am not sure if it is necessarily be dumber or dumb down your knowledge, whatever it is it is lucrative

the beautiful thing is that you dont need a phd in physics to do those jobs. you can be a dmb@ss and make a d!sproportionate v!g for $h!twrk.

By: brown

brown — Thu, 19 Jul 2007 20:18:55 +0000

I am not sure if it is necessarily be dumber or dumb down your knowledge, whatever it is it is lucrative

By: Puliogre in da USA

Puliogre in da USA — Thu, 19 Jul 2007 20:17:33 +0000

I will make pretty powerpoints for 300K, jokes apart I was responding to spark's comments about people choosing mathematics as career options being hosed.

its an awesome arb....be d*mber and make more $.

By: brown

brown — Thu, 19 Jul 2007 20:14:49 +0000

I will make pretty powerpoints for 300K, jokes apart I was responding to spark’s comments about people choosing mathematics as career options being hosed.

By: louiecypher

louiecypher — Thu, 19 Jul 2007 20:03:31 +0000

Firms like D.E. Shaw primarily hire people with purely Mathematics background, the highest paid hedge fund manager James Simon has both a bachelors and Phd in mathematics earned about $1.5 billion I think in 2005-2006. Mathematics is in high demand like Kurma noted.

Yes, pure physicists and mathematicians are very employable by virtue of being hella smart. DE Shaw is paying these guys to work as applied mathematicians/quant jocks...not explore something because it is "beautiful" as pure mathematicians are wont to do. I have friends from school who did PhDs in theoretical physics and now work for strat consulting firms making pretty, pretty powerpoint and getting paid $300k a year. The question is what are the employment prospects for people in their fields of study in India. I would contend that up through the 70s there would have been less parental opposition to pursuing pure math & physics because engineering would not necessarily have provided a significantly better livelihood. My earlier comments regarding risk aversion were specific to the choice of large public company over startup in India