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I disagree with the other, smarter people, is my refined point.
by jacques_chester 5y ago
I disagree with the other, smarter people, is my refined point.
- marcus_holmes 5y agoI get the point. In terms of accounting principles, you're right, technically. But it doesn't drive home the message that more code doesn't mean more asset. Having a developer write more code doesn't automatically create more value. The value is in what the code does, not the code itself. And a developer can actively harm the codebase by working on it. You can pay someone to improve it, and the end result is a decrease in value, not an increase. I'm not sure there are other asset classes that behave the same way. I could be wrong.