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Mm. I've been wondering recently why is it that Programmers don't have more specialized tools (Which incidentally reminds me of this lecture: [Bret Victor -- Se
by fao_ 9y ago
Mm. I've been wondering recently why is it that Programmers don't have more specialized tools (Which incidentally reminds me of this lecture: [Bret Victor -- Seeing Spaces] https://www.youtube.com/watch?v=klTjiXjqHrQ https://www.youtube.com/watch?v=klTjiXjqHrQ).
It's interesting to think that high-performance traders have an entire market dedicated to specialized computer interfaces, terminals, etc. all focused on improving their productivity and ability to reason about the stock exchange.
https://news.ycombinator.com/item?id=11732258 https://news.ycombinator.com/item?id=11732258
As the top poster says about the Bloomberg terminals:
""1. You have to have a Bloomberg keyboard to work in finance. It's not even a question. It's a COGS for anybody who wants to work in finance or trading.""
- yourapostasy 9y agoAt the end of the day, the reason such a market hasn’t grown around programmers the way it has around financial instrument traders is because programmers are still in the “expense” column while traders are in the “income” column or at worst, the “cost of sales” column. Interestingly enough, many fintech companies tend to avoid this classification of their programmers. The closer programmers get to the incoming money spigot, the less they are treated as “expense” column line items.