Jane StreetTraderQuantitative TraderQuestion #90

There are 52 cards: 26 red and 26 black. You draw cards one at a time, indefinitely, with replacement. For each red card drawn, you lose 1 point; for each black card, you gain 1 point. What strategy maximizes your total points?

Unlock the Full Solution

Enter your email to get the detailed step-by-step solution to this Jane Street interview question, plus access to free interview prep resources.

We'll also send you a free HFT mock interview video.

Get All 664+ Jane Street Questions with Solutions

Plus 16+ hours of video lectures, resume tailoring, and 1:1 mentorship from quants.

Schedule a Call