I assume if the quants quit en masse, then Overdeck joins them and just starts a new hedge fund ... obviously Siegel is washed up / worthless / just wants to bum around Davos etc... Change my mind!! https://www.bloomberg.com/news/articles/2023-06-20/two-sigma-billionaire-founders-in-rift-that-poses-material-risk#xj4y7vzkg https://archive.ph/3rU7c TC 160🥜
https://www.businessinsider.com/two-sigma-founders-cant-agree-on-anything-fiiing-2023-6
Pretty stupid take. Quants without engineering are pretty useless. And vice versa.
Yea but good quants on the level of Two Sigma are way harder to find is my impression. Good SWE are probably even easier to find now that FAANG laid off so much.
For general stuff, perhaps, but you need some specialists to hit the sort of leverage the quants expect. There are some exceptions and some notable quants have already departed, but I don’t think they’re running even 1/60th of the aum right now
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