What do Wall Street quants actually do? · Good Work
揭秘华尔街量化交易员的真实工作内容,了解他们如何用数学和算法影响金融市场。适合练习职场和金融相关英语表达。
Quants short for quantitative.
Quants”是“quantitative”(量化的)缩写形式。
They're a special type of nerd that has come to invade our beautiful world of finance.
他们是一类特殊的“书呆子”,他们闯入了我们这个美丽的金融世界。
I have always imagined the classic Wall
我一直都在想象那座经典的“长城”。
Street trader to be your typical, handsome fella who knows how to handle the cross stick and a non-disclosure agreement.
街头交易员通常都是那种英俊潇洒的家伙,他们懂得如何使用交易工具(比如“十字杆”),也明白保密协议的重要性。
But lately, it's come to my attention that the real wolves of Wall Street are not charismatic Buck Mason bros,
但最近我注意到,华尔街真正的“恶狼”其实并不是那些魅力非凡的巴克·梅森(Buck Mason)一伙人。
but instead this army of reclusive dweebs
然而,取而代之的却是一群孤僻、性格古怪的人……
who are pulling in fat salaries and
那些拿着高薪的人……
wrestling with complex mathematical algorithms that would make my old buddies on the trading floor commit seppuku inside of a Just Salad.
我正在努力应对那些极其复杂的数学算法;这些算法简直会让那些曾在交易大厅工作的老同事们……(此处原句使用了夸张且带有幽默色彩的表达方式,意指他们可能会因此感到极度沮丧或绝望)。
Learning about quants folks has truly turned my world upside down.
了解那些从事量化分析工作的人(即“quant”们)之后,我的世界真的发生了翻天覆地的变化。
So put on your sweatpants, pick up your calculators, and leave those boat shoes in the mudroom.
那么,穿上你的运动裤,拿上你的计算器,把那些船鞋放在门厅里吧。
We're about to learn.
我们马上就要学到新知识了。
How.
如何?
Today, quantitative strategies are incorporated across the financial industry, But when people say quant, they're probably referring to the most famous types:
如今,量化投资策略已被广泛应用于整个金融行业。不过当人们提到“量化投资”时,他们很可能指的是其中最著名的几种类型。
traders and researchers at fancy hedge funds and investment firms like Jane Street, Citadel and Two Sigma.
这些交易者和研究人员来自一些知名的对冲基金及投资公司,例如 Jane Street、Citadel 和 Two Sigma。
These quants use financial models to try to pin down the future values of securities, commodities, currencies and all types of financial products.
这些量化分析师利用金融模型来预测证券、商品、货币以及各种金融产品的未来价格走势。
And it's a job usually given to young people fresh out of top tier schools and seasoned from years of math competitions and Adderall.
这项工作通常会交给那些刚从顶尖学校毕业的年轻人——他们通过多年的数学竞赛以及服用阿得拉(Adderall)等药物积累了丰富的经验。
and it's these people who generate a lot of moolah and a lot of buzz.
正是这些人创造了大量的财富,并引发了广泛的关注(或讨论)。
what exactly is a quant?
那么,究竟什么是“quant”(量化分析师或量化研究员)呢?
what's a quant?
Quant”到底是什么?
the pinnacle of finance?
金融领域的巅峰?
They get paid a lot.
他们的薪水很高。
like $5,000.
大概5000美元吧。
$250 an hour $500k to $700k total comp how do I become a quant?
时薪 250 美元;总薪酬在 50 万到 70 万美元之间。我该如何成为一名量化分析师呢?
That's my quant.
那是我负责处理的数据分析工作。
Your what?
你说什么?
My quantitative.
我的定量分析结果……
My math specialist.
我的数学专家。
Look at him.
看看他。
You notice anything different about him?
你注意到他有什么不同吗?
So who exactly are the people behind the monitors?
那么,那些坐在显示器前的人到底是谁呢?
I spoke to some Smarties who have been inside the world of quant in various ways, some of whom prefer to stay anonymous,
我与一些了解量化投资领域的人进行了交谈;其中有些人希望保持匿名。
but none of whom were afraid to give it to Papa Journalism fast and straight.
但他们中没有一个人害怕直言不讳地将真相告诉“新闻界之父”(即那些在新闻行业具有权威地位的人)。
What do quants actually do?
量化分析师(quants)到底具体是做什么的呢?
Right...umm...
好吧……嗯……
Code.
代码。
And do maths.
还要学习数学。
Well, great.
嗯,太好了。
This has been a lovely interview A lot of math and a lot of computer science.
这是一次非常精彩的采访,涉及了很多数学知识以及计算机科学的相关内容。
As a quant- a signal in the market is just anything that can happen that we think is predictive of something else.
作为一名量化分析师,市场中的“信号”其实指的是任何可能发生、且我们认为能够预示其他某种情况的事物。
The signals that quants excel at are things that your average banker would never in a million years notice.
量化分析师所擅长的那些信号,是普通银行家根本永远注意不到的。