Talent Battle: Hedge Funds vs. Silicon Valley

To compete, some hedge funds are having to do the previously unthinkable and publish parts of their complex and valuable code. Man Group, for instance, has made its database for collecting vast quantities of trading data publicly available. The reason: computer scientists often prefer the more collaborative culture of academia or tech firms to the secrecy of hedge funds.

What Tech Employees Want

Lori Goler and Juliet de Baubigny on the secrets to finding and keeping the best workers

What we see a lot of is the importance of pride. They are looking for the sense of fulfillment—having an impact, being part of something that’s bigger than you are, learning. People really want to learn. The most important thing is actually playing to your strengths. So it’s the notion of doing not just something you’re good at, but something you love.

.. 21% of millennials are looking for another job.

.. So, as you look at investing in people, the days of hanging on to your great talent for a decade are largely over, or should be questioned. The question is, “What can I really invest and get out of that person for the time that they are with me?”

.. The other two big drivers, particularly for young people today, are compensation, also transparency. This is a values-based generation. They really want to understand the values of the company that they’re working for.

.. So, yes, maybe having the annual performance review. But most millennials value a weekly feedback, a monthly feedback, a quarterly feedback cycle.

.. We’re looking for builders. We’re looking for people who can look at any situation and think, “That works pretty well. I bet it can be even better, and I have a vision for how to make it better.”

.. I am intrigued by Los Angeles as a market. Austin. Berlin.

.. Companies that do not have diversity and inclusion policies will not be competitive.

.. My favorite question to ask is always, “On your very best day at work when you go home and you think, ‘I have the best job on the planet,’ what did you do that day?” Because I want to be sure that whatever job or role the person is coming into is something that has a lot of whatever that is in it.

The Python Paradox is now the Scala Paradox

In his 2004 short essay The Python Paradox, PG argues (perhaps controversially) that a company can hire smarter programmers if it chooses to write its code in a “comparatively esoteric” programming language. At the time, Python was probably considered by most people to be esoteric in comparison to Java – in the sense that not many people would learn it at university or for career purposes. Therefore, the programmers who knew Python were people who learnt it for fun; and learning languages for fun is an activity which typically only the bright and motivated people engage in. Which makes the language a good “quality filter” for people.

With ‘The Catch,’ Mireille Enos Takes a Break From the Bleak

Mr. Scheffer and Mr. Olsen wrote Ms. Enos’s character into more episodes, then turned her into a series regular. When HBO asked for a cast reduction, the two men even devised a way to fire Ms. Enos and still keep her on the show. They killed off Kathy then rehired Ms. Enos as a guest star to play Kathy’s frowning identical sister, JoDean. “She created this totally different character — very noir, kind of deadpan funny,” Mr. Scheffer said. “Some of our main actresses were even kind of jealous. They were like, ‘Oh, she gets this great exit, and then she gets to come back as her evil twin?’”