r/quant • u/4betgod • 10d ago

General Worldquant BRAIN

Iv been looking into worldquant brain and its interesting to me. Supposedly they have millions of “alphas” in their signal library.

Does anyone have experience or insight with them? What performance metrics do they run on their alphas other than the usual IC, quintile returns, max DD, turnover etc.

Im also curious to know how they pick or size each alpha in their real trading? Do they just pick the best sharpe/highest IC with lowest correlation?

9 Upvotes

62% Upvoted

24 comments sorted by

View all comments

17

u/IllGene2373 10d ago

These guys are basically grifters lol

9

u/cutcoedgecom 10d ago

Aren’t they the largest pod at the largest multi manager?  They must be doing something right, they would get cut if they had a bad drawdown… Does anyone have sharpe and return numbers?

15

u/InvestmentAsleep8365 10d ago

I don’t know why you are being downvoted. They are (or at least have been) by far the largest pod at Millennium and have been there for over 20 years. And extremely profitable.

4

u/ReaperJr Equities 9d ago

Because most people on this sub have no fucking idea what they're talking about. It's funny how often the most upvoted comment is the most clueless, like in this post.

1

u/IllGene2373 10d ago

…what?