Trainee Trader Interview Questions

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There are 52 cards, black and red, each colour with 26 cards. Now you are taking cards indefinitely, for each red card you lose 1 point, for each black card you gain 1 point. To maximise your total points, what's your strategy?
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Quantitative Trader

Interviewed at Jane Street

4.4
Nov 21, 2023

There are 52 cards, black and red, each colour with 26 cards. Now you are taking cards indefinitely, for each red card you lose 1 point, for each black card you gain 1 point. To maximise your total points, what's your strategy?

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