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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
Really
Mutual
Ripping
Lows
Discount
Machines
Brokers
Service
Discounts
Cost
Retail
More quotes by Joel Spolsky
Last week I was listening to a podcast on Hanselminutes, with Robert Martin talking about the SOLID principles... They all sounded to me like extremely bureaucratic programming that came from the mind of somebody that has not written a lot of code, frankly.
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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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An idea isn't worth that much. It's the execution of the idea that has value. If you can't convince one other person that this is something to devote your life to, then it's not worth it.
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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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Design adds value faster than it adds cost.
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So if you want to get things done, you positively have to understand at any given point in time what is the most important thing to get done right now and if you're not doing it, you're not making progress at the fastest possible rate.
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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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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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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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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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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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Nothing works better than just improving your product.
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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.
Joel Spolsky
If you can't understand the spec for a new technology, don't worry: nobody else will understand it either, and the technology won't be that important.
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Shipping is a feature. A really important feature. Your product must have it.
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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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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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We just have to come in every morning and somehow, launch the editor.
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Something is usable if it behaves exactly as expected.
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Good software, like wine, takes time.
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