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Brain Teasers What is the sum of the numbers between 1 and 50? What is the expected value of a die?

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Brain Teasers. What is the sum of the numbers between 1 and 50? What is the expected value of a die?. Answers. 1275 : 25 pairs of numbers that each sum to 51 (50+1, 49+2, 48+3…) 3.5 (1/6 + 2/6 + 3/6 + 4/6 + 5/6 + 6/6). Quantitative Finance Society. Kick-Off Meeting Spring 2012. - PowerPoint PPT Presentation

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Page 1: Brain Teasers

Brain Teasers What is the sum of the numbers between 1

and 50?

What is the expected value of a die?

Page 2: Brain Teasers

Answers 1275: 25 pairs of numbers that each sum to 51 (50+1, 49+2,

48+3…)

3.5 (1/6 + 2/6 + 3/6 + 4/6 + 5/6 + 6/6)

Page 3: Brain Teasers

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Quantitative Finance SocietyQuantitative Finance Society

Kick-Off MeetingSpring 2012

Page 4: Brain Teasers

Who We Are Officially part of the Inter-Club Council

Open to all NYU and Stern students Focus on Finance, Comp Sci, Math & the

Markets equity markets, commodities, futures, options,

currencies, economic indicators, etc.

NASDAQ sponsored Website Up-to-Date!

www.qfsnyu.com See for previous presentations, etc.

Page 5: Brain Teasers

The Board E-Board

President: Haroon Ismail Internal Vice President: Gabriel Wong External Vice President: Anant Garg Markets Chair: Andrew Berger Finance Chair: Seth Zhai Treasurer: Matthew Giacobbe

We are looking to fill e-board positions!

Page 6: Brain Teasers

What We Do Portfolios (Various Strategies) Trading Competitions & Simulations Discuss Markets & Specific Industries

Trade idea pitches Guest speakers

S&T, Asset Management, Quant, Risk Sports, Gambling, etc.And more…

Page 7: Brain Teasers

Market Update: The Macro View

U.S. Macro Condition Economic Reports Bond Updates The FED

Europe/Asia

Commodities/FX Updates

Page 8: Brain Teasers

Our Portfolios Positions

Portfolio Manager Research Analyst (2) Junior Traders (2)

Using MultiFactor Equity Model as source for fundamental and technical analysis

ThinkorSwim used as a platform to trade If interested in joining a team, please email

[email protected]

Page 9: Brain Teasers

Our Portfolios

Name Portfolio Manager

Long Only Pranav Kanade

Macro Portfolio Seth Zhai

Equity Pairs YongJoon “YJ”

Long/Short, 100/100 Brian Fu

Page 10: Brain Teasers

Mock Trading Simulation Co-Sponsored with the Investment Analysis

Group Open Outcry style with minimal use of

technology and a lot of mental math 6 Teams of 3 people

Twice a month for 1 Hour Team with highest P/L represents NYU at

trading competitions as well as some “monetary” prizes

Page 11: Brain Teasers

Membership Benefits S&T resume book sent to recruiters Name appears on website Access to library QFS tutorials (e.g. computer

programming, trading strategies), Equity Research, QFS Models Log in online to access all information

Gain consistent knowledge on the markets and on specific industries or desks

Invitation to alumni mingle

Page 12: Brain Teasers

Membership Requirements Attendance (5 events/semester)

2-minute trade idea pitch Trade (long/short), thesis, catalysts, upside, risk

factors/downside, entry/exit points

OR Hold a portfolio position

Interested members reach out to [email protected]

Page 13: Brain Teasers

Upcoming Events High Frequency Trading Derivatives 101 FX Strategy with Nomura Variable Annuities with Metlife Trading Floor Visits (GS, CS, MS, UBS & more) MIT Annual Trading Competition The Markets in Investment Banking Trading Interview Prep, Resume Workshops Gambling Strategies & Math Regulation & The Markets (e.g. Dodd Frank, Volcker) Alumni Mingle

Page 14: Brain Teasers

Questions?

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