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So true! But is this just another example of “the market can stay irrational longer than you can stay solvent”, meaning, is there a severe mis-allocation of ca

by jt2190 5y ago

So true! But is this just another example of “the market can stay irrational longer than you can stay solvent”, meaning, is there a severe mis-allocation of capital into building large, expensive, inefficient software engineering organizations? If so, why is the market not “correcting” for this?

aidenn0 5y ago
Recruiters aren't incentivized to hire the best people. They are incentivized to not be blamed when they hire poor people. Following "best practicies" (i.e. trends) for hiring lets them do this.
- _3u10 5y ago
  Well what are you going to do walk into an interview and point out that the same people writing the bugs are the same people coding the buggy tests that are supposed to solve the buggy code?
  - aidenn0 5y ago
    I'm not sure how that question applies to my comment?
arrozconcosas 5y ago
The point of Moneyball is that the market did not correct for it for so long, it takes a catalyst and might happen significantly later than when the first people recognize the issue.