Energy Trader, Analyst, and YouTuber Jonathon Emerick

[@QuantPy]

Thanks for having me on Dimitri, I hope I can improve that audio quality on my side next time we organise to chat!

[@Yossef_M]

Thank you, Johnathon for giving us such useful information especially since you have quite an unorthodox career path.

[@goodlack9093]

A great conversation here! I've followed you for a while now, please keep up your work:)

[@hugowesley4074]

Is this the software design channel you're referencing? @arjancodes

[@DimitriBianco]

@hugowesley4074 yes, that's the one

[@sw92d]

As a chemical engineering graduate who did industrial placement in petrochemicals but now work in capital markets technology, this interview is a goldmine. Thanks a lot!

[@DimitriBianco]

That's one reason I love doing these interviews. Most quants come from some sort of engineering or math ground. Many students don't know the career exists.

[@JerryR2001]

@@DimitriBianco I had no idea about this field as a traditional finance undergrad! Crazy, I know. Now going back to undergrad school in the fall at DePaul University looking to get a math undergrad as I have always loved pure math and stats as well. Then, will hopefully look to get into either Stevens, UIUC, or maybe even Berkley for Financial Engineering. Your videos help a ton. Thanks!

[@SebastianCoetzee]

Why did you decide to switch careers away from chemical engineering? I did chem eng undergrad, worked as a process design engineer in the alcohol industry for a year, and then realised the chem eng role is 5% engineering and 95% project management. So I became a software engineer instead and was earning 4x my (very low) chem eng salary within 2 years. Chem Eng is such a mature industry. It's not exciting to work in at all. Universities are clueless as to the real demand for chemical engineers as well so there's an over-supply of graduates.

[@6Ligma]

I like Jonathan, learned from him a lot, specifically about weather derivatives. God bless him

[@DimitriBianco]

I was also learning a lot about the energy side as I've never worked in that area.

[@6Ligma]

@@DimitriBianco God bless you too Dimitri. Honestly, I feel like I get better with every video of your channel.

[@duncanchiu1386]

Wow, my favorite two quant youtubers.

[@olli999]

Very informative talk. Interestingly enough, I found QuantPy’s channel a little less than year ago, and I have been loving his videos. Also, it was only like few weeks ago when I found your channel Dimitri, and here we are now, both of yous talking about all the things I find interesting for an hour and a half. Thank you so much to the both of you for all the good content you put out. I have certainly learned a lot from you guys.

[@iiToOHarD]

This is such an interesting video! I just graduated with a Master's degree in Quantitative Finance and Actuarial Science from Tilburg University. While awaiting responses for my research master application and job applications, I have been exploring future seminar topics, which led me to the 2024 book "Quantitative Energy Finance" by Fred Espen Benth and Almut E. D. Veraart. I'm currently immersing myself in these models, aiming to address the complexities of energy markets through risk management. I firmly believe that being effective in risk management amidst competitiveness in these markets will ultimately benefit consumers.

[@visunashokkumar1782]

Iv been following both for 3 years now... what a conversation

[@scott701230]

Awesome Discussion. So much learning.

[@user34274]

Been following QuantPy and his tutes for a while. Great guy.

[@arkeezy]

great video Dmitri and Jonathon! Your channel has became a recent fav of mine! Keep it up 😊

[@munakupyahantuba5331]

Loved this. Thanks guys

[@dorsia6938]

Amazing interviewer, you let the guest speak. Thank you

[@mattmiller220]

I’m here, appreciating the truth telling. 🤗

[@ABSTRACTSHNITZEL]

I’ve never heard of this guy, I’ll definitely check out his channel! Also, great interview!

[@reubenmarfo9855]

Then you’re not a quant😊

[@ABSTRACTSHNITZEL]

@@reubenmarfo9855 I never said I was. I’m subscribed to this channel so I can learn about being a quant.

[@SzTz100]

Good to see the other quant.

[@AdarshPandeyFilms]

This was so informative and fun!

[@julesb7240]

This hit home big time. Graduated 1.5 years ago and started working as a chemical engineer in a major city for an EPC/Consulting firm because I didn’t want to live in the middle of nowhere working for oil/gas 😂 even better is that I’m the so called “software engineer” and write the majority of the VBA/Python scripts the firm uses.

[@gthryx]

Great video. More of these!

[@DimitriBianco]

@@gthryx I've got an interview with an economist coming out Tuesday and a few more interviews lined up.

[@gthryx]

@@DimitriBianco nice. Looking forward

[@SiMyt848]

Loved the interview, wanna see more videos like this!

[@SebastianCoetzee]

Software Engineer here: I've been using various different languages over the last 10 years including Ruby, JS, Golang, and for many years Python. I feel like writing code in a language like Python is an exercise in discipline and sophistication. It allows you to do things very dynamically which is great for prototyping but you have to be a lot more disciplined with annotating types (python 3.5+) and having them statically checked using something like mypy if you want to have robust production code. I hear you on the object-oriented design principles etc. but the longer I write code the more I realise: plain old functions are great, functions are easy to understand if they don't have side-effects, and most importantly functions are easy to delete and replace. Try to write code that's easy to delete and replace, and the next guy will thank you.

[@brhnkh]

Great convo! Learned quite a lot

[@scott701230]

Awesome interview.

[@NK-fe3md]

Hi Dimitri, I know you don't like talking about buy side firms and hfts and stuff. The reason why a lot of people get sucked into courses, is that top firms do hire undergrads as quant traders and researchers(maybe 10% of their total hires). Its just that these undergrads are math geniuses like IMO or USAMO or Putnam ranks or they go to top math/CS programs with multiple software engineering, research and ML internships. Even then these people first get internships as quant researchers then the firms take almost a year to train them to be good at their job. I know a handful of people who became quants as undergrads, but they have very impressive backgrounds. It would be great if you can make a video on this, going through Linkedin and showing your audience that for the average person masters is their best shot.

[@davidc4408]

Best background for average person would be math undergrad and masters financial mathematics with some related internship

[@leonmozambique533]

MFE is not the best shot lol. So much misinformation 🤣

[@davidc4408]

@@leonmozambique533 what do you think is?

[@NK-fe3md]

@@leonmozambique533 I don’t know about MFE specifically, IMO master in CS or math or Physics helps as long as it’s researche based

[@Ilovenqfutures]

Goats meeting each other 🤩🤩

[@DimitriBianco]

There should be some future chats as well. We had a list of questions and didn't even cover half. It was fun just chatting with another quant who is used to being in camera as well.

[@adammusic2821]

🤩🤩

[@richardbowen3257]

Was it ArjanCodes? I couldn't quite hear.

[@DimitriBianco]

Yes. Here is a link as well: www.youtube.com/@ArjanCodes

[@Joseph-tm5vv]

He looks like and acts like a prim and proper flammable maths. (I love papa flammy)

[@RM_Trade_Co]

Legend

[@AnotherDante]

Why the re-upload? 🤔

[@DimitriBianco]

It was only uploaded once. I had it as "unlisted" which means only people with the link can view it. I did this so Jonathon could review it first before it went public. However, since I added it to my Interview playlist, people could watch it there first.

[@user-wg7nw3mh2e]

This is the first time I have ever heard someone organically refer to IB

[@Apuryo]

yeah I was surprised. I hated that doing IB the mere mention gave me ptsd😅

[@samadsyed5396]

Hey Dimitri, will you be coming to the Spring Princeton Quant Conference? Would love to see you there.

[@DimitriBianco]

Unfortunately no. I was invited however I already agreed to present at another school. I really enjoyed the Princeton conference last year.

[@samadsyed5396]

@@DimitriBianco Where will you be presenting?

[@youdonthavetoknow]

14:19 / 1:29:37

[@youdonthavetoknow]

45:47 / 1:29:37

[@youdonthavetoknow]

1:02:18 / 1:29:37

[@youdonthavetoknow]

1:14:10 / 1:29:37

[@asdfasdf-TEA]

this was a good episode but good lord the amount of ads on this was awful to wade through.

[@jayearl3591]

Brave > Chrome. Just remember Chrome is made by a company who's bottom line is to serve you ads, and was funded by In-Q-Tel/ CIA VC money 🤑💰💸

[@maySoEngineering]

33:36 !

[@Arlen277]

Great video Dimitri, if you have not already could you do a video on the full capabilities of R in your job? I've done a few projects for university but I don't think we are using the language to its fullest capabilities. Thanks in advance !

[@maySoEngineering]

13:16 hahaha

[@StayAWhileAndListen5]

The amount of adds makes this nearly unwatchable. Every 3-4 min for a 90 min video.

[@davidc4408]

What is his annual salary and networth

[@mattk6910]

Dimitri I’m disappointed that’s why I came to this channel. I want to make $1M QUICK. I was willing to give 5X the 20 minutes that other KZbinrs get from me. Teach me to trade! Now! 😂 (Sarcasm if that’s not already clear)