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Alameda is helmed by quants from Jane Street etc., they are supposed to do better with regard to risk management, forecasting, bet sizing. Their whole M.O. is that they are smarter and actually do math and that is the source of their success.

https://www.alameda-research.com/our-team

Whether that is true or not, I don’t know. But from their tweets and podcasts it does seem they approach things very differently and in a way that makes sense.



> Alameda is helmed by quants from Jane Street etc.,

The CEO worked at Jane Street for less than 18 months and appears to have had a fairly junior role there. I'm sure they are smart folks but there's a limit to how much you can learn in 18 months, in your first job after college.


Nobody is leaving Jane Street after 18 months - straight out of college, of their own accord.


Was it only 18 months?

Wikipedia states: ...he returned there full-time after graduating [in 2014]. In September 2017, Bankman-Fried quit Jane Street...

Seems closer to 3 years, but it doesn't state whether he started there immediately after graduating or not.

What do you suggest are the reasons for his leaving?


GP was talking about the CEO of Alameda, who, according to page linked by GGP, is

> Caroline Ellison, CEO > Before joining Alameda in 2018, Caroline worked at Jane Street as a trader on the equities desk.

You seem to be talking about SBF.


Huh? Leaving Jane Street to start crypto trading isn't what I would do, but it seems to have worked out well for them. Why does that suggest they didn't choose to leave?


What are you implying?


My statement is clear with no implications at all.


He was fired


Is that a fact, or are you stating that is the implication of the parent comment?


The latter, I didn't even read TFA.

Sorry if my prior message was confusing, but why would a top tier company let go one of their best performers after just a half and a year out fresh of college?


LTCM was also helmed by some smart guys who did a lot of math and understood risk management...


Sounds like Enron, turned out great for them too.


they are supposed to do better with regard to risk management, forecasting, bet sizing.

According to who? Themselves?




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