634 karma · joined December 5, 2011
In software the coders rarely have the option or will power to push back against unreasonable deadlines and fantasy launch dates. This is especially common in corporate cultures where a chain of command makes those calls and large scale plans are built around dates pulled out of the air. At best the coders are given lose-lose choices: miss the date or ship a broken product.
Not to diminish Silver's work - I'm just saying the data he uses needs to be accurate in order for his models to be accurate.
Rights are not granted by anything. They describe the extent of government power. That is all.
Articles like this do nothing but propagate a myth about the stock market.
So the data comes from the candidates themselves and the data is heavily scrutinized for accuracy.
And there's always the "quants" on Wall St and high frequency trading algorithms. Boring in opinion but there out there.
You can always solve the experience problem. Just start coding.
Once confidence collapses, "intrinsic value" flees out the door.