@svembu Correct sir but political executions are possible as we cannot be compared with Singapure ! Increase salary and make strictly policy , completely we cannot avoid corruptions.
Mrityunjoy Chakraborty, IIT Kharagpur professor:
"Jane Street pays a 22 year old $500,000 a year for one skill: turning uncertainty into a number you can bet on. that number is the first thing this professor teaches, and it is free"
this free lecture is the foundation every quant bot and hedge fund model is secretly built on.
before the AI, before the strategy, there is one question. what is the chance this happens, exactly.
get that number right and every bet after it is just math. get it wrong and no model, no bot, no amount of compute can save you.
Chakraborty builds probability from the axioms up, on a blackboard, in notation a 15 year old can follow.
Wall Street sells this as a $500,000 edge. an IIT professor hands you the source code for nothing.