錦衣衞
2018-10-29 01:33:15
Thanks for the info! I do have a PhD, however it’s in mathematics. Does a PhD actually help? I always feel like a PhD is making everything harder. I’ve tried pretty much everything in Australia but never got any interviews.
To be honest I would prefer London over Hong Kong if I had the opportunity. I’m not sure if I can get used to living in Hong Kong anymore, haven’t lived there for more than 15 years and everything has changed a lot since 1997. I don’t even know if banks in Hong Kong will consider people from Australia. I do know quite a few PhDs from my university working in London as quants.
A friend of mine just left for Hong Kong, he’s working for Jane Street. It seems that job doesn’t require anything too advanced in mathematics. Another friend of mine also working for a buyside form in London, it’s a lot of statistics and programming. We all have PhDs.
Would you mind telling me more about yourself? You can message me if you prefer private conversations.
錦衣衞
2018-10-29 01:42:42
Btw, there’re a few things I wanna point out about self financing portfolio. Please do take it with a grain of salt as I’m no expert on this matter.
To my understanding, dV DOES depend on dh_1 and dh_2 because you are dynamically hedging the portfolio. However, because of the portfolio is self financing,
宇智波月巴
2018-10-29 01:46:14
Yes indeed the explanation should be like this
In technical terms what we are doing here is actually delta hedging
You can see this fact after we've solved the h1 and h2
but I don't want to go too deep on this so I just take it for granted
:^(
:^(
I will clarify this at the end of this section, thanks for pointing this out
:^(
:^(
錦衣衞
2018-10-29 01:54:45
Yeah because it sounded like dh_1, dh_2 = 0
錦衣衞
2018-10-29 01:56:13
And yes indeed if we divide both side by dS, we get delta hedging.
J痕叔叔
2018-10-29 12:00:44
Sad sad. I left HK for my PhD ten years ago. Not working in HK since then, and cannot stand the huge change in the environment even just for holidays.
:^(
錦衣衞
2018-10-29 12:13:47
Where do you work now? You also in finance?
J痕叔叔
2018-10-29 13:16:43
I'm in academics. Mainly do dynamic analysis in financial economics...
and structural models for debt valuations.
錦衣衞
2018-10-29 13:19:41
Wa, a good friend of mine does something similar in the UK. Where about are you now?
Canon-Mix-Dream
2018-10-29 21:58:43
Math 人LM
S.Lev
2018-10-30 00:21:25
a phd is not a must, but many of them have it. but in general banks hire people from everywhere so competition always exists
i can share a bit more in private conversation, how can i contact you?
錦衣衞
2018-10-30 10:13:45
Of course! Do you use WhatsApp?