About Us



The Quant society formerly known as New York QWAFAFEW has re-branded & re-launched as “QWAFAxNEW“ following elections, democratic due process & given the outpouring of support to restore civility & re-focus the mission on meetings, members and quality content.  

With this new website we take the opportunity to articulate that the choice of our new name was motivated by the desire to:
a] remain symbolically tethered to QWAFAFEW (albeit a tenuous link at best) while at the same time charting a NEW course as reflected by the change of a single letter &
b] to embody the NEW YORK geography of this founding chapter in the spirit of TEDx &
c] to encapsulate the “exponential” possibilities through the “x” in QWAFAx analogous to TEDx


As the founding President of QWAFAxNEW“, I pledge to line up top notch speakers, grow the membership exponentially, to restore collegiality to the club, to seek partnerships with quant academic programs & to eradicate the toxic “Qwafa-feud” that destroyed the former chapter.

The re-branding decision was pre-meditated & extensively deliberated by the Steering Committee & our new leadership post-elections in light of the Crisis of Governance that had tarnished the old regime. It was necessary to have a clean break from that sordid past in order to boldly charge ahead & chart an independent new course.

In the space of 4 meetings we have bootstrapped from zero to self-sufficiency, struck academic alliances with quant MFE programs at Fordham & Stevens Tech while lining up corporate sponsors like Nasdaq. We have exponentially multiplied our membership, found a terrific new home (Fraunces Tavern), restored collegiality, restored democratic due process, adopted a consensus driven approach not to mention that we have separated the role of Treasurer from the President as a key tenet of good governance … Finally, we now have all major quant conferences as media partners (BattleFin, RavenPack, Quandl, AIDST & Battle of the Quants etc.)

Most importantly, we already have a star studded line up of distinguished speakers for the entirety of 2020 to drive my pledge for top notch content. It bears pointing out that unlike any other quant society you may find both the speaker & audience “quaffing a few” while discussing Girsanov’s theorem, higher moments or LSTMs. Our mission is to establish that quants can party & to provide a “safe space” for them to do so – think “Revenge of the Nerds”!

We look forward to your support & involvement in making this society the envy of the quant cognoscenti. So please join us in “quaffing a few” in 2020!

Yours sincerely,

Chief Quaffer (aka Milind Sharma)


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