Quants Quotes & Sayings

The first funeral for Andrew Goodman was at night and it was a lot of work. To begin with they had to kill him. — Jimmy Breslin

Price mostly meanders around recent price until a big shift in opinion occurs, causing price to jump up or down. This is crudely modeled by quants using something called a jump-diffusion process model. Again, what does this have to do with an asset's true intrinsic value? Not much. Fortunately, the value-focused investor doesn't have to worry about these statistical methods and jargon. Stochastic calculus, information theory, GARCH variants, statistics, or time-series analysis is interesting if you're into it, but for the value investor, it is mostly noise and not worth pursuing. The value investor needs to accept that often price can be wrong for long periods and occasionally offers interesting discounts to value. — Nick Gogerty

Vijaya prefers to eat alone. Rob ushered her into the room and held a chair for her, then sat across from her. "Many Indians regard eating as something that should be done in private. Considering the table manners of some of our best people, one can see their point."
Patricia Frances Rowell — Patricia Frances Rowell

It is the good who do not sleep. — Brad Leithauser

Always say yes and try before you say no. — Chloe Thurlow

You can't expect everyone to have the same dedication as you. — Jeff Kinney

Investors look at economic fundamentals; traders look at each other; 'quants' look at the data. Dealing on the basis of historic price series was once described as technical analysis, or chartism (and there are chartists still). These savants identify visual patterns in charts of price data, often favouring them with arresting names such as 'head and shoulders' or 'double bottoms'. This is pseudo-scientific bunk, the financial equivalent of astrology. But more sophisticated quantitative methods have since proved profitable for some since the 1970s' creation of derivative markets and the related mathematics. Profitable — John Kay

No one becomes forty without incredulity and a sense of outrage. — Clifford Bax

Traders and quants are genuinely different species. Traders pride themselves on being tough and forthright while quants are more circumspect and reticent. These differences in personality are reflections of deeper cultural preferences. Traders are paid to act. All day long they watch screens, assimilate economic information, page frantically through spreadsheets, run programs written by quants, enter trades, talk to salespeople and brokers, and punch keys. It's hard to have an extended conversation with a trader during the business day; it takes an hour of standing around to have five minutes of punctuated repartee. Part of what traders do has a video game quality. In consequence, they learn to be opinionated, visceral, fast-thinking, and decisive, though not always right. They thrive on interruption. Quants — Emanuel Derman

I read a lot of archaeology and early history in a general way, not thinking particularly of this book, and this provided me with the background. It showed me how, possibly, the people lived back then. — Naomi Mitchison

When your focus is on how you feel about things in the world then the things of the world slip from view, your little boat of learning things for what they are are swamped by the swells of how you feel about them. With hard work and with learning, the things of the world are still somehow out there, waiting for you to know about them, no matter how you feel. They survive how you feel about them and they are there before and after the storms of your feelings roar through and abate. Feelings aren't much of a compass to go by. — Stephen Jenkinson

I have gone to great lengths, and in some cases beyond what is required by the reporting guidelines to ensure all of my filings are beyond reproach, by hiring an independent third-party accounting firm to review and audit all of my previous annual financial disclosures. — Bob Corker

I am in love with someone who's afraid of the future. And like a fool, I keep bringing it up. — David Levithan

My father believed in me many times more than I believed in myself. — Novak Djokovic

I think we're lied to about a number of things. — Marion Cotillard

A scrupulous man will never produce a great novel. — Julien Green

I got an early education from television. — Debra Wilson

Some say the word 'pop' is a derogatory word to say 'not important' - I do not accept that. If the word 'classic' is the word to say 'boring,' I do not accept. There is good and bad music. — Luciano Pavarotti