Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Bjarne Stroustrup – Managing Director, Technology

morganstanley.com

Post reply on HN
Print view View original

21–30 of 60 posts

Re: Bjarne Stroustrup – Managing Director, Technology

#21

Post by dchichkov »

zak_mc_kracken wrote: post #6

> What motivated you to leave academia to join Morgan Stanley? $$$ Don't get me wrong, nothing wrong with that, he's earned it. But the whole spiel about wanting to get back to solving real world problems... Come on, now. How about Google? NASA? Tesla? Plenty of real world problems to solve there tackling difficult problems. But Morgan Stanley? Decade old technology spending most of your time interfacing twenty year…

In my opinion the fact that Wall Street is not functioning optimally (with all that insider trading, front-running and just downright crazy gambling with other people's money) is very much a real world problem. It is also an important problem, because one of the functions of equity/futures markets is allocation of resources in the economy at the global level. And it is very important that the allocation is done right (that is, resources go to Tesla/electric cars/airplanes/etc and not to build yet another palace to some oil-lord, etc).

disclaimer: I'm currently in finance, but I'm primarily an engineer/researcher and finance is just one of the many areas in which I was working over the years.

Re: Bjarne Stroustrup – Managing Director, Technology

#22

Post by biokoda »

zak_mc_kracken wrote: post #6

> What motivated you to leave academia to join Morgan Stanley? $$$ Don't get me wrong, nothing wrong with that, he's earned it. But the whole spiel about wanting to get back to solving real world problems... Come on, now. How about Google? NASA? Tesla? Plenty of real world problems to solve there tackling difficult problems. But Morgan Stanley? Decade old technology spending most of your time interfacing twenty year…

You are forgetting these banks are involved in high frequency trading. Those are some large engineering challenges.

Re: Bjarne Stroustrup – Managing Director, Technology

#23

Post by pkaye »

devnonymous wrote: post #14
zak_mc_kracken wrote: post #6

> What motivated you to leave academia to join Morgan Stanley? $$$ Don't get me wrong, nothing wrong with that, he's earned it. But the whole spiel about wanting to get back to solving real world problems... Come on, now. How about Google? NASA? Tesla? Plenty of real world problems to solve there tackling difficult problems. But Morgan Stanley? Decade old technology spending most of your time interfacing twenty year…

You'd be surprised at how technically challenging/appealing financials can be. Ulrich Drepper also left Red Hat to work at Goldman Sachs ( https://www.linkedin.com/in/ulrichdrepper ). The algorithmic challenges, hardware optimization challenges etc in financials are nothing to scoff. Yeah, and the money is good as well. The work is not as 'sexy' as google, nasa, tesla but it is just as appealing to people who are int…

Are all these jobs in NYC? Do these finance companies have offices working on these issues in SV?

Re: Bjarne Stroustrup – Managing Director, Technology

#24

Post by zak_mc_kracken »

agwa wrote: post #18
zak_mc_kracken wrote: post #6

> What motivated you to leave academia to join Morgan Stanley? $$$ Don't get me wrong, nothing wrong with that, he's earned it. But the whole spiel about wanting to get back to solving real world problems... Come on, now. How about Google? NASA? Tesla? Plenty of real world problems to solve there tackling difficult problems. But Morgan Stanley? Decade old technology spending most of your time interfacing twenty year…

This is an asinine comment. He also wanted to move to New York to be closer to his children and grandchildren[1]. The big tech-using companies in NY happen to be finance. But I guess by your logic wanting to be closer to his family is just BS. He just wanted the money. [1] http://www.stroustrup.com/bio.html

Not at all, I actually find that reason much more believable than the one he gives (joining Morgan Stanley to solve real world problems).

Re: Bjarne Stroustrup – Managing Director, Technology

#26

Post by biokoda »

zak_mc_kracken wrote: post #24
agwa wrote: post #18

Earlier quoted context omitted.

This is an asinine comment. He also wanted to move to New York to be closer to his children and grandchildren[1]. The big tech-using companies in NY happen to be finance. But I guess by your logic wanting to be closer to his family is just BS. He just wanted the money. [1] http://www.stroustrup.com/bio.html

Not at all, I actually find that reason much more believable than the one he gives (joining Morgan Stanley to solve real world problems).

High frequency trading is a real problem and a challenge

Re: Bjarne Stroustrup – Managing Director, Technology

#27

Post by BuckRogers »

zak_mc_kracken wrote: post #24
agwa wrote: post #18

Earlier quoted context omitted.

This is an asinine comment. He also wanted to move to New York to be closer to his children and grandchildren[1]. The big tech-using companies in NY happen to be finance. But I guess by your logic wanting to be closer to his family is just BS. He just wanted the money. [1] http://www.stroustrup.com/bio.html

Not at all, I actually find that reason much more believable than the one he gives (joining Morgan Stanley to solve real world problems).

Right but even if so, that's a lame complaint. Are you completely honest in your life? I suggest watching Liar Liar again as research material.

Re: Bjarne Stroustrup – Managing Director, Technology

#29

Post by flomo »

zak_mc_kracken wrote: post #6

> What motivated you to leave academia to join Morgan Stanley? $$$ Don't get me wrong, nothing wrong with that, he's earned it. But the whole spiel about wanting to get back to solving real world problems... Come on, now. How about Google? NASA? Tesla? Plenty of real world problems to solve there tackling difficult problems. But Morgan Stanley? Decade old technology spending most of your time interfacing twenty year…

After one had gained fame working for an infamously monopolistic blight on the american economy, "sold out" might be sorta relative.

Re: Bjarne Stroustrup – Managing Director, Technology

#30

Post by notsony »

patio11 wrote: post #20
zak_mc_kracken wrote: post #6

> What motivated you to leave academia to join Morgan Stanley? $$$ Don't get me wrong, nothing wrong with that, he's earned it. But the whole spiel about wanting to get back to solving real world problems... Come on, now. How about Google? NASA? Tesla? Plenty of real world problems to solve there tackling difficult problems. But Morgan Stanley? Decade old technology spending most of your time interfacing twenty year…

I think you greatly underestimate the programming challenges available in large investment banks, from "We ingest literally thousands of separate sources, many of them time-series, at the rate of gigabytes per second." to "How does one manage a programming team of ten thousand people split between six countries?" to "Where do we strike the balance between the-most-fault-tolerant-computer-is-one-that-is-powered-off an…

Morgan Stanley is not an investment bank. It is a bank holding company ever since it took bailout money from the Fed.

http://www.morganstanley.com/about-us-articles/6933.html

http://dealbook.nytimes.com/2008/09/21/goldman-morgan-to-bec...

Post reply on HN