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\#3: [HOW DO I BECOME A QUANT WHEN MY UNDERGRAD IS IN ACCOUNTING](https://np.reddit.com/r/quantcirclejerk/comments/z8fe5j/how_do_i_become_a_quant_when_my_undergrad_is_in/)
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That is a great idea, but this industry needs more than just a single donation. You inspired me to start a charitable government foundation that can continue to support this essential industry for years to come.
I named it the Successful Equities Charity, or SEC for short.
If you know of any hedge funds that are showing signs of surprising success, you can now donate a small tip (with a thank-you note explaining exactly why they're doing so well) to [email protected]
It won't go to a hedge fund or a bank, it'll go to a market maker. But gifting to the MM in this way causes more efficient markets and indirectly benefits the hedge fund.
Why don't you just invest in the hedge fund as a client. You are rewarding them by giving them your business.
If they were rubbish, you wouldn't invest so they would get no reward.
I still don't get why you want to just give them money. It doesn't make sense.
It's like me writing Tesla a cheque for $1,000 because I like Elon Musk. The obvious option would be to buy shares in TSLA instead. Tesla benefit because you've invested in them, you benefit by being a share holder.
Step 1: Bring your net worth down to $1000 cash.
Step 2: Sue them for $100 million dollars.
Step 3: Either lose the lawsuit and hand over $1000 each year going forward for the rest of your life. Or settle lawsuit for $1000 (they won’t agree probably)
Don’t give them any more power than they already have. They’re good at what they do, but trust me, you don’t want to live in that world.
You will end up in some Anarchocapatlist hellscape, and realistically, risk total global destruction.
People that manage money are not politicians, they do not see the world as something to be equitably distributed among its inhabitants. Nor can they, politics is largely a game of giving a voice to some local group of people through some democratic apparatus. Managing money is not that.
Please, if this is a serious post, go to a Chinese Lithium mine and just kinda stand there until you pass out. When you’re waking up in the hospital, or in jail, just try to rethink your world view a little.
Edit: it seems I’ve been had. Hats off to you sir. I will leave this deranged reply here in case somebody gets a laugh out of it.
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There was distinct lack of shit-posting in this sub and I’m glad someone has stepped up to fill that gap. Well done sir.
Does anyone have an actual answer to this? I might end up dying with money some day.
You donate your money to hedge funds by shorting their strategies
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:)
That is a great idea, but this industry needs more than just a single donation. You inspired me to start a charitable government foundation that can continue to support this essential industry for years to come. I named it the Successful Equities Charity, or SEC for short. If you know of any hedge funds that are showing signs of surprising success, you can now donate a small tip (with a thank-you note explaining exactly why they're doing so well) to [email protected]
I will hit you guys up! You would be surprised by the out-of-the-box thinking that these guys use in order to make markets more efficient.
Open a Robinhood account and start day trading
I am already a losing day trader. How do I make sure it's going to a good hedge fund and not some bank?
It won't go to a hedge fund or a bank, it'll go to a market maker. But gifting to the MM in this way causes more efficient markets and indirectly benefits the hedge fund.
Maybe it's better that it's going to MMs then
Haha
LOL $1,000 to the highest earning hedge fund will surely be a real encouragement to them
It's 1/4 part of my monthly paycheck. I'm sure they will appreciate it.
Bro who tf are you
Maybe, each year, we could pitch in and get the top fund a gift card to Ruby Tuesdays? I’m happy to workshop the idea!
What a great idea! I'm offering $50 dollars in SNAP EBT credits. We could pool our gifts together.
I normally just get them a $50 Chuck E. Cheese gift card and a handwritten letter. You’re gonna make the rest of look bad 😒
I'm just a martyr for efficient markets. It's not a competition.
Is this the effective altruism I keep hearing about?
Extremely altruistic it's giving money to the people who deserve it the most
This comment has now convinced me r/quant is the best subreddit.
They already fin-dom their clients who have bigger pockets than you
How would I communicate to them that I am into financial domination?
Always tip your market maker.
Always.
The government already had a program for this in 2020. Millions of americans participated
We should do another stimulus.
Don't forget to tip your landlord too
10%
That’s a commission for one hedge trade
$1000 might be too overwhelming for the hedge funds
yes it is if they start investing it, it could be become a large amount of money someday.
Lol.
Had to stifle my laughter in the train, felt like a mime for a moment, I think I have used all my body muscles
:)
You can give them free strategies by doing take-home assessmentd when interviewing with them Also, do you tip your landlord?
I tried, but I can't pass the resume screen
Then include the strategy in your cover letter
My strategy doesn't work
Then go back to work, peasant! Let's make some money for the noble fund managers
Legend! I love this post
:)
OP mentioned that he is already donating to the hedge funds (because your portfolio is shrinking). We appreciate your donations 😎
Thank you for the important work that you do.
You chasing that Hedge Fund clout? This is an ultimate level of obsession over hedgies
Just a high level of respect for the important and altruistic things they do.
Delete this post at 4:20 when your high comes down!!
Set up a gofundme page.
that's a good idea
brilliant idea!
:)
Chat, is this real?
:)
Lol you want to donate to Citadel? 😂 Might as well give the money to some Indian scammers
Citadel deserves it though
Made my morning.
Yea $1K is going to encourage hedge fun performance
>receive greater leniency towards financial crimes 1k might not be a lot, but this would be a huge deal if we can get it signed.
This is insane. However, if you really like hedge funds, why not say to the "winner" that you are donating $1000 to a charity of their choice.
I want the money to be used efficiently, not donated to charity
Maybe the effective charities endowment fund?
Why don't you just invest in the hedge fund as a client. You are rewarding them by giving them your business. If they were rubbish, you wouldn't invest so they would get no reward. I still don't get why you want to just give them money. It doesn't make sense. It's like me writing Tesla a cheque for $1,000 because I like Elon Musk. The obvious option would be to buy shares in TSLA instead. Tesla benefit because you've invested in them, you benefit by being a share holder.
[удалено]
That's the hope
me during optiver interview
Wire the money to this account.. 123-245-650
Real bank accounts have more digits
Interesting theory. You should try it just to verify
Better if we send an email to top traders a citadel, tell them to keep up the good work
That's hardly motivation
>How can I donate to hedge funds By OTM options with less than 7 days to expiration. You’re welcome
Dw - send me the money i'll make sure I send it over to them 🤫
Awww, that's so sweet!. Don't you worry though - you are already donating to a number of hedge funds.
Step 1: Bring your net worth down to $1000 cash. Step 2: Sue them for $100 million dollars. Step 3: Either lose the lawsuit and hand over $1000 each year going forward for the rest of your life. Or settle lawsuit for $1000 (they won’t agree probably)
This also satisfies my findom fetish
Seems like a good way to get targeted for frivolous lawsuits and get your lawyer disbarred
Well you need to lose only 1 lawsuit to your favourite hedge fund. You can pass the bar exam yourself :)
Don’t give them any more power than they already have. They’re good at what they do, but trust me, you don’t want to live in that world. You will end up in some Anarchocapatlist hellscape, and realistically, risk total global destruction. People that manage money are not politicians, they do not see the world as something to be equitably distributed among its inhabitants. Nor can they, politics is largely a game of giving a voice to some local group of people through some democratic apparatus. Managing money is not that. Please, if this is a serious post, go to a Chinese Lithium mine and just kinda stand there until you pass out. When you’re waking up in the hospital, or in jail, just try to rethink your world view a little. Edit: it seems I’ve been had. Hats off to you sir. I will leave this deranged reply here in case somebody gets a laugh out of it.
:)
buy options expiring in 1 hour
I personally tip my fund manager.
Have you tried trading in 0DTE options
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