Alternatively, you could have cautiously DCA-ed your lump sum in 12 monthly pieces, and then the 1929 crash happens the day after the 12th and final piece was invested.
DCA cannot save us from a crash, though it can reduce the fear of a crash to the point where we actually make an investment rather than sit on the sidelines.
This 100%. I recall many a fun night at $BIGCORP burning the midnight oil, receiving the warning emails that my "unauthorised software" had been reported to my manager, and that it had been quarantined away for my own safety and convenience. Given that $BIGCORP was a tech firm my manager would be intensely delighted that they would receive regular midnight notifications that I was doing my job. Whatever that damn thing cost it would have been cheaper to let the malware do its thing.
Windows development seems to be fun as of recently. Didn't touch it for couple of decades.
Sometimes I think that modern Windows is a nice platform already, even comfortable. (Like, you know, C++17 is very unlike C++98.) But then I'm reminded of the necessity to run an antivirus in front of it in a corporate environment.
I intensely dislike corporate "security product" culture. For whatever reason, every IT department thinks that you have to ruin Windows with tons of invasive antivirus and monitoring software. I've seen zero evidence that these performance-killing tools are necessary. It's all theater. Microsoft itself doesn't do this shit to Windows, and neither should anyone else.
There was a discussion in our IT Security department about how to install McAfee on CoreOS servers. (For the uninitiated, CoreOS is a Linux distribution that comes without a package manager. It's intended as a base to run containers on, so you would deploy all software via container images.)
I remember someone suggesting to put McAfee into a fully isolated container that only exposes the port where it reports compliance, allowing it to scan itself to death all day long.
Slang was OK as a language. The SecDB/Slang ecosystem was years ahead of its time and all credit to its inventors and maintainers, but a monorepo full of decades of critical code from thousands of developers still gives me palpitations.
Those annoyed me immensely. I can feel my heart rate go up 10 BPM just thinking about it. I guess it was meant to make scripts more readable to minimally-techy people, but actually just made it harder to parse.
They're collectable and valuable because of the association with famous players in the classic rock era, and the rarity of examples. A perfect copy of the Mona Lisa would be worth a few $, not a few milion $, even if it were indistinguishable to the viewer.
Many guitarists fetishize the 59 Les Paul because of the sound. The trick is that '59 Les Paul might not sound any different objectively, but the musician knows they are playing an iconic and rare instrument. This can make the musician play better than usual. Guitarists often attribute this to the "mojo" in the guitar; the trick is the mojo is in the player's belief.
On one hand, I think the 59 Les Paul would be valuable to people who collect those sorts of rare things regardless of whether they actually intend to play it.
On the other hand, I could see that for some successful performers, the purchase could be a sound financial investment if fans are just a bit more excited about hearing their favorite musician playing a rare instrument live than they would otherwise be. One might be able to recover the purchase price of the instrument through increased ticket sales.
The mojo is always in the player, and buying more expensive instruments won't create it if it's not there.
I once turned up to a pub session and saw this hairy-looking person with a complete PoS no-name guitar. It had holes in the body and looked like it was held together with tape.
Even so. Surprisingly good sound. Sweet playing.
Complete opposite to the guitar nerds who turn up with gleaming prestige instruments they fumble around on.
I found out afterwards he'd been in a household name UK pop band in the late 60s.
Grunge movement in the 90s was founded on this premise, which picked it up from the hardcore/punk scenes of earlier times. Kurt would turn up in a cardigan and jazzmaster from a thrift store and rock out.
[edit] I think it might have been a Fender Jaguar actually, it looked terrible!
In the big-name Wall Street banks 1/3 of employees are VP or higher.
Senior Developer in the "outside world" typically means Associate in the banks, and VP is the next rung up from Associate, so VP really is just one hop from Senior Developer.
Straight to the point; nothing but the good stuff! These days I am happy just that something is presented as text and not a pointless, time-sapping video.
Given the paucity of free time, I would much rather spend it reading books like those listed here than listen to someone mumble and umm-ahh to deliver in 10 minutes what I can read in 1 minute.
On his list of books itself, perhaps I am a bad judge of character but I assume someone who reads a diverse range of books will have the mindset to take on board a diverse range of factors in their technical work. Perhaps the vast scope of the C++ language reflects this!
2019 malware likely won't run on Windows 95. The kind of malware you'd stumble across in your normal online activity will mostly target Windows 10 and back to XP, and will be written to that environment and its APIs. Given the need to minimise size and detectable features.
Naturally I would not rely on this for my own online safety. A motivated adversary with a specific target in mind would no doubt learn that a vintage Windows 95 install was present, or maybe just throw everything at it.
Way back in the 90s, when everything was still in sepia, I thought all the Geocities and Angelfire personal websites would be doing this exact thing. Hanging around as a time capsule in perpetuity, accessible by future generations as easily as the current. It turns out eternity is approximately 10 years by this measure. Maybe Github will fare better.
DCA cannot save us from a crash, though it can reduce the fear of a crash to the point where we actually make an investment rather than sit on the sidelines.