Monday, October 29, 2007

Profit - how to make $10 to $20 million a year in London

According to the BBC, you can do that by becoming a "quant" or qunatitative analyst, and work for a hedge fund or bank.

IMO: Presumably correct, but not worth wasting your time. The standard of maths in those places is high but not all that high, so a good applied math PhD would be able to do the work. but usually there are complicated restrictions and implications to such matters. I do not advise it as a lifestyle.The UK is going down the drain but even so things are not that bad. I say it as someone who thought of starting a company in the field with some good back-office people.

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