As far as larping goes, quantitative finance is currently the hottest field for that. I'm sure that close to 100% of the people on social media that market themselves as quants are in fact not professional quantitative analysts / researchers / developers.
They all post vids of their vibe-coded dashboards where agents are doing market research and executing trades, while they kick back as collect to profits.
I've even seen these people promote some ASICs for home use, you know, to get those extra milliseconds shaved off.
After tech layoffs started, the get-rich-quick folks looked on what other fields pay well, and the decided that the absolutely most selective, the most credentialed and gatekept niche role in finance, that's the one to impersonate.
If you know something that's of value for making money you want to keep it a secret. Information isn't valuable but information differential is.
Yes. To me, your point underscores that (my fave insufferable "dual pair" of treasure) Taleb is more like an orthodox economist than he'd like to admit, and PG is more like a (fin)techbro than he'd care to admit. The pride differential in the info differential, I think?
(What role does gender/species play here, ha, I haven't thought much about _that_)
Slightly off-topic, but I interviewed at one of the two companies above, plus Bridgewater, and never felt so stupid in my entire life. Real geniuses in some interviews, people who know what they are talking about and have zero need for selling courses or videos. On the other hand, if they _did_ need to sell something, I doubt they would be able to, as charisma was sorely lacking.
Relatively good book about him and Renaissance: <a href="https://www.amazon.com/dp/073521798X?lv=shuf&channelId=500&plpRedirect=mhFallback" rel="nofollow">https://www.amazon.com/dp/073521798X?lv=shuf&channelId=500&p...
What sucks abut these types of people and the latest get rich quick scheme of the day is that they are generally rewarded mightily by society and investment. Part of it is greater fool theory playing out lucratively, part of it is also these crypto bros or ai bros or what-have-you bros finding themselves with an ear to actual government power directly shaping the trajectory of nation states into their favor.
TrackerFF · · focus · HN ↗
They all post vids of their vibe-coded dashboards where agents are doing market research and executing trades, while they kick back as collect to profits.
I've even seen these people promote some ASICs for home use, you know, to get those extra milliseconds shaved off.
After tech layoffs started, the get-rich-quick folks looked on what other fields pay well, and the decided that the absolutely most selective, the most credentialed and gatekept niche role in finance, that's the one to impersonate.
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(What role does gender/species play here, ha, I haven't thought much about _that_)
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upupupandaway · · focus · HN ↗
As all I had was charisma, alas, I failed.
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