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Try sending an executive some random long python model code. He will not understand it, not care about the "but it will pay off, just invest 1000 hours, trust

Try sending an executive some random long python model code. He will not understand it, not care about the "but it will pay off, just invest 1000 hours, trust me" argument, and finally demand an excel model. How often did i sit with CFOs and discussed transaction models, tax models, p&ls and more. How often did they surprise me with their calculations? Excel is the tool to go and there is a reason why EVERY SINGLE business is using it.. except some 30 FTE 100% dev startups, probably.

vgatherps 5y ago
I'm not sure if you meant to respond to me, but the tools in my use case are use by 'quantitative' traders and modelers - not executives that have other things to do than worry about programming. Excel is absolutely NOT the tool to go here, it's usually just a sign that either the firm's edge isn't in being particularly quantitative or they are leaving most of the trade on the table. In my experience it's usually the former, since the latter are (and by now have mostly been) outcompeted by trading shops that have moved on to better tools.