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Full service brokers, in this day and age of low cost mutual funds and discount brokers, are really nothing more than machines for ripping off retail investors.
Joel Spolsky
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Joel Spolsky
Age: 59
Born: 1965
Born: January 1
Businessperson
Chief Executive Officer
Computer Scientist
Programmer
Software Engineer
Albuquerque
New Mexico
Avram Joel Spolsky
Full
Funds
Age
Investors
Nothing
Fund
Mutual
Ripping
Really
Lows
Discount
Machines
Brokers
Service
Discounts
Cost
Retail
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Common programmer thought pattern: there are only three numbers: 0, 1, and n.
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Not having a schedule is OK if it's your PhD and you plan to spend 14 years on the thing, or if you're a programmer working on the next Duke Nukem and we'll ship when we're good and ready. But for almost any kind of real business, you just have to know how long things are going to take, because developing a product costs money.
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Writing code is not production, it's not always craftsmanship though it can be, it's design.
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If your goals is to produce something of permanent value, you start to think differently about you want on the site.
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If something seems possible, that's probably because someone is already doing it. When something seems that it can't possibly work, nobody tries it. Real innovation happens when someone tries anyway, overlooking an obvious flaw, and finds a way to make an idea work.
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Software development takes immense intellectual effort. Even the best programmers can rarely sustain that level of effort for more than a few hours a day. Beyond that, they need to rest their brains a bit, which is why they always seem to be surfing the Internet or playing games when you barge in on them.
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People ridiculously overvalue aesthetics and beauty when evaluating products. It's one of the reasons iPods, and, for that matter, Keanu Reeves, are so successful.
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The secret of Big Macs is that they're not very good, but every one is not very good in exactly the same way.
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Never put yourself in a position that will put yourself at risk if you make the wrong decision. We spent cash on everything. It's fashionable to make 'bet the company' decisions, but don't do it.
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I've been using Vista on my home laptop since it shipped, and can say with some conviction that nobody should be using it as their primary operating system - it simply has no redeeming merits to overcome the compatibility headaches it causes.
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Remember, just because Microsoft can do something, doesn't mean you can. Microsoft makes their own gravity. Normal rules don't apply to them.
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Something is usable if it behaves exactly as expected.
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There's a subtle reason that programmers always want to throw away the code and start over. The reason is that they think the old code is a mess. [...] The reason that they think the old code is a mess is because of a cardinal, fundamental law of programming: It's harder to read code than to write it.
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Talk to your customers. Find out what they need. Don't pay any attention to the competition. They're not relevant to you.
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Entrepreneurship boils down to the simple fact that a team of really smart people who can get things done are going to get smart, useful things done.
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Nothing works better than just improving your product.
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Shipping is a feature. A really important feature. Your product must have it.
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Good software, like wine, takes time.
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Beware of Methodologies. They are a great way to bring everyone up to a dismal, but passable, level of performance, but at the same time, they are aggravating to more talented people who chafe at the restrictions that are placed on them.
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Life is a bit hard sometimes, and sometimes you have to step up and fight fights that you never signed up for.
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