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throwaway2037 3 days ago

I completely agree. This guy is way outside his area of expertise. For those unaware, Howard Marks is a legendary investment manager with a decades-long impressive track record. Additionally, these "insights" letters are also legendary in the money management business. Personally, I would say his wisdom is one notch below Warren Buffett. I am sure he is regularly asked (badgered?) by investors what he thinks about the current state and future of AI (LLMs) and how it will impact his investment portfolio. The audience of this letter is investors (real and potential), as well as other investment managers.

throwaway2037 3 days ago | parent | next [-]

Follow-up: This letter feels like a "jump the shark" moment.

Ref: https://blog.codinghorror.com/has-joel-spolsky-jumped-the-sh...

dmurvihill 2 days ago | parent | next [-]

It's funny, because this decision by Joel in 2006 prefigures TypeScript six years later. VBA was a terrible bet for a target language and Joel was crazy to think his little company could sustain a language ecosystem, but Microsoft had the same idea and nailed it.

urxvtcd 2 days ago | parent | prev [-]

First time reading this. It's actually funny how disliking exceptions seemed crazy then but it's pretty normal now. And writing a new programming language for a certain product, well, it could turn out to be pretty cool, right? It's how we get all those Elms and so on.

throwaway2037 a day ago | parent | next [-]

    > disliking exceptions seemed crazy then but it's pretty normal now
Help me to clarify. Are you saying that when Joel posted (~20 years ago), disliking exceptions was considered crazy? And, now it is normal to dislike exceptions?

Assuming that my interpretation is correct, then I assume that you are a low level systems programmer -- C, C++, Rust, etc? Maybe even Golang? If you are doing bog standard enterprise programming with Python, Java or C#, exceptions are everywhere and unavoidable. I am confused. If anything, the last 20 years have cemented the fact that people should be able to choose a first class citizen (language) that either has exceptions or not. The seven languages that I mentioned are all major and have billions of lines of legacy code in companies and open source projects. They aren't going anywhere soon. C++ is a bit special because you can use a compiler flag to disable exceptions... so C++ can be both. (Are there other languages like that? I don't know any. Although, I think that Microsoft has a C language extension that allows throw/catch!)

urxvtcd a day ago | parent [-]

I wasn't around back then, but it must've been at least a bit crazy, considering Atwood threw an exception (heh) high enough to write a blog entry about it. What I think has happened is that with functional programming concepts sort of permeating mainstream, and with the advent of languages like Go and Rust (which I wouldn't exactly call low-level, for different reasons), treating errors as values is nothing unorthodox in principle. I'm not sure how real or prevalent this is really, just a guess.

I'm not trying to advocate going against the stream and not using exceptions in languages based around them, but I can see it being pulled off by a competent team, which I'm certain Joel could put together.

alterom 2 days ago | parent | prev [-]

That's how we got Rust.

3 days ago | parent | prev [-]
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