Pros
- Some smart talent working here - Less competitive than some firms - Good name on resume (might change soon though) - Some interesting Quanta lectures
Cons
- "Fake quantitative firm!" Has a bunch of Econ/Finance people running a "quant firm" instead of having more quantitative people, and they often don't know what they are doing. - Commute wastes so much time for employees. We get that you want to pay less taxes but at the expense of making a large proportion of your employees commute and waste time. - Nepotistic hiring and marketing specifically to the alma maters of the Principals - Terrible tech (clusters often break with just 1 TB of data). The response is to blame the researchers for this rather than increase the capacity of the cluster or switch to AWS - Tech hiring standards are lower than that of FAANG (rarely true at a top tier hedge fund) - A lot of kissing up to upper management including incompetent upper management, which is quite common. People will stay until their manager leaves "to save face," and that deincentivizes working hard and efficiently. - Compensation is far worse than that of traditional competitors - Stubborn about their traditional ways and refuses to innovate - AUM has dropped over 30% since I worked there - Poor data (wastes serious time)