On: Nevada’s public employee pension fund invests pass...

[throwaway2037]

    > decades of experience working at a quant firm

Has quant finance existed for "decades"?

[Galanwe → throwaway2037]

The meaning of quantitative changes a bit with time and context.

I would say the more "bayesian / sell side / derivative pricing" kind of meaning exists since the late 70s, the more "frequentist / buy side / let's hire 100 physics PhDs" meaning came prominent in the early 2000s. (as a general feeling).