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> Did you actually do that stuff to get a job as a programmer? No, I just climbed the academic ladder as I was very fond of teaching. Unfortunately the academi
by jventura 10y ago
> Did you actually do that stuff to get a job as a programmer?
No, I just climbed the academic ladder as I was very fond of teaching. Unfortunately the academic world has too few jobs..
> I don't think the investing comparison is apt either. When a taxi driver is paying attention to the stock market, it is getting a lot of attention from the public.
The idea behind the saying is that when everyone is paying too much attention to the stock market it's because it has been rising so fast, lots of "dumb money" has been coming in, and a crash is imminent. I see something similar when I read about learning how to program in 5 months.
> This is a different phenomenon than companies offering high wages for (presumably) relatively basic skills.
These workers with basic skills is similar to the "dumb money" that is entering the market, with all its consequences..