The post has been inspired by this post in Seth's Blog.
It will be as short, because I've had similar thoughts that I put into various posts...about quant work under exogenous or endogenous influences, here, here, here, here.
Think like an entrepreneur. Think about delegating tasks. Think whether you could grow by partnering. What about, finding the correct and robust numerical scheme, programming it…? When you delegate every job somebody else can do, you'll most probably find the most profitable job only you can do...and you've got the time to do it. Validate models…use the right market data for the model calibration…create the most advanced risk management process…aggregate risk data...prepare dynamic reports that behaves like a program.
We will be pleased helping to leverage this important job - build the decision support for optimal-risk taking.
