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drewg__'s profile
drew
drew
drew
@drewg__

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drew

@drewg__

electronic trading technologist, illiquid commodity futures enthusiast, hedge fund/HFT apologist, big idiot

NYC
Joined April 2009

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    1. experquisite‏ @experquisite Nov 1

      experquisite Retweeted experquisite

      Note that one easy way to fix this would be more frequent performance reviews & bonuses. The problem is partly due to a lack of data/feedback. Y1: empl +ve, firm -ve, comp +10% Y2: empl -ve, firm +ve, comp +8% Y3: empl +ve, firm +ve, comp +12% Should the employee work hard? 🤷‍♀️https://twitter.com/experquisite/status/1455216663578742787 …

      experquisite added,

      experquisite @experquisite
      Replying to @demonetizedblog @KrisAbdelmessih @TheSpeculator0
      The fudging is often sufficient to break all observable connection between the quantifiable inputs and outputs, leading to a total disconnection of the levers of performance that the entire ordeal was meant to incentivize.
      1 reply 0 retweets 3 likes
      drew‏ @drewg__ Nov 1
      Replying to @experquisite

      Some trading firms do quarterly bonuses for this reason

      10:33 AM - 1 Nov 2021
      • 1 Like
      • experquisite
      0 replies 0 retweets 1 like

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