> Maybe there's two problems here: insufficient culture of diligence I know nothing about Knight but I will say that traditional finance often has no ability t

> Maybe there's two problems here: insufficient culture of diligence I know nothing about Knight but I will say that traditional finance often has no ability to think about systems particularly well so the local optimum is usually a rickety shack that has a lot of smart people working on it, and some less smart people making sure problems are being seen to be fixed, but the overall architecture can be extremely brittle or non-existent. It's not like (good) tech companies.