Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I'm a code monkey who trades as well. They are two completely different things by the way. Programming motivates you to never give up on your code whereas trading disciplines you to never fight against the market.

Personally, I think that the recent price action on FB, ZNGA and GRPN means that the market has no appetite for over-hyped valuation of web 2.0 companies trading at 100x their earnings (or loss for that matter). So I'll be buying bearish call spreads or outright puts when these POS bounce. I have no ill feeling towards Zuckerberg but want to make a profit trading.

Now on the topic of "creators" creating value, it's my opinion that the guys that have created value in computing are Linus Tovald and rms'es, not the start-up kids who do copy-paste RoRpasta on Stack Overflow and get ridiculous valuation 'cause we are in a bubble. IMO it's the FB engineers that optimized php engine and open-sourced, not Mark Zuckerberg nor Cheryl Sanderberg nor the VCs.



Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: