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by nly 502 days ago
It's because software devs are smart and make a lot of money - a natural next step is to try and use their smarts to do something with that money. Hence stocks.
1 comments

>It's because software devs are smart and make a lot of money

They just think they're smart BECAUSE they make a lot of money. Just because you can center divs for six figures a year at a F500 doesn't make you smart at everything.

I've never met a fellow software engineer who "centers divs" for 6 figures.

But then I work with engineers using FPGAs to trade in the markets with tick to trade times in double digit nanoseconds and processing streams of market data at ~10 million messages per second (80Gbps)

The truth is, a lot of P&L in trading these days is a technical feat of mathematics and engineering and not just one of fundamental analysis and punting on business plans

If you were smart surely there would be easier ways for you to make that money ;)
If you were really smart surely you would be able to see that there are more long-term valuable things for you to do with your time than just make yourself more money...
If you are smart that is the easy way to make money!
>I've never met a fellow software engineer who "centers divs" for 6 figures.

But did you ever meet fellow engineers who don't take everything literally?

The secret of meritocracy is it can be measured in billionaires
Forgot the /s ?