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A comment on Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff. Parent comment

Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by nly on Tuesday January 28, 2025 @03:32AM (#42850116)
It's because software devs are smart and make a lot of money - a natural next step is to try and use their smarts to do something with that money. Hence stocks.
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Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by Cumpiler69 on Tuesday January 28, 2025 @03:47AM (#42850194)
>It's because software devs are smart and make a lot of money

They just think they're smart BECAUSE they make a lot of money. Just because you can center divs for six figures a year at a F500 doesn't make you smart at everything.

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Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by nly on Tuesday January 28, 2025 @03:56AM (#42850253)
I've never met a fellow software engineer who "centers divs" for 6 figures.

But then I work with engineers using FPGAs to trade in the markets with tick to trade times in double digit nanoseconds and processing streams of market data at ~10 million messages per second (80Gbps)

The truth is, a lot of P&L in trading these days is a technical feat of mathematics and engineering and not just one of fundamental analysis and punting on business plans

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Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by Cumpiler69 on Tuesday January 28, 2025 @04:14AM (#42850354)
>I've never met a fellow software engineer who "centers divs" for 6 figures.

But did you ever meet fellow engineers who don't take everything literally?

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Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by saagarjha on Tuesday January 28, 2025 @04:50AM (#42850596)
If you were smart surely there would be easier ways for you to make that money ;)
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Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by nejsjsjsbsb on Tuesday January 28, 2025 @05:49AM (#42850942)
If you are smart that is the easy way to make money!
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Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by danaris on Tuesday January 28, 2025 @12:12PM (#42854891)
If you were really smart surely you would be able to see that there are more long-term valuable things for you to do with your time than just make yourself more money...
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Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by cyanydeez on Tuesday January 28, 2025 @04:26AM (#42850449)
The secret of meritocracy is it can be measured in billionaires
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Re:Nvidia, ASML Plunge as DeepSeek Triggers Tech Stock Selloff by Cumpiler69 on Tuesday January 28, 2025 @04:39AM (#42850533)
Forgot the /s ?
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