> First of all, the boss of the fund did not have the skills to judge who could write a trading strategy, and who couldn't. So he was stuck with recommendations

> First of all, the boss of the fund did not have the skills to judge who could write a trading strategy, and who couldn't. So he was stuck with recommendations from other people who also didn't have this skill, leading to this hire. Which is why it's important for managers to understand the technology that they're managing. I ran into this 25 years ago. I knew someone who went to an MBA school. He spoke up at a party and said "I now have great management skills and can manage anyone!". My response was "No, because when you have a technical disagreement in the team, as manager, you have to make the final decision. And if you don't understand the issues, you're left deciding based on what, popularity of the engineers involved?"