Readit News"The reason that the rich were so rich, Vimes reasoned, was because they managed to spend less money. Take boots, for example. ... A really good pair of leather boots cost fifty dollars. But an affordable pair of boots, which were sort of OK for a season or two and then leaked like hell when the cardboard gave out, cost about ten dollars. ... But the thing was that good boots lasted for years and years. A man who could afford fifty dollars had a pair of boots that'd still be keeping his feet dry in ten years' time, while a poor man who could only afford cheap boots would have spent a hundred dollars on boots in the same time and would still have wet feet. This was the Captain Samuel Vimes 'Boots' theory of socio-economic unfairness."
That being said, I've noticed that a lot of clothes that I bought 10 years ago or so are of pretty high quality compared to today, (and no, they are not rich man's clothes). Some of them I actually have been wearing for more than 10 years now.
Dead Comment
He replied with, roughly, "Those of you who work here probably couldn't do anything else other than perhaps math research. Arguably, working here is the economically efficient use of your time."
I think about whenever I see a comment like this. Quant firms select for a very specific set of skills. In particular, I've found that many traders/software engineers in quant are very smart but not very self-directed. Places like Jane Street work well for people who can excel, but only when given a lot of structure and direction. I think this is not unrelated to why so many people 'accidentally' end up as traders after going to an Ivy League school!
The market for bounties is a circus, breadcrumbs for free work from people trying to 'make it'. It can safely be analogized to the classic trope of those wanting to work in games getting paid fractional market rates for absurd amounts of QA effort. The number of CVSS vulns with a score above 8 that have floated across the front page of HN in the past year without anyone getting paid tells you that much.
You make it sound like there's a ton of people going around who can just dig up CVSS vulns above 8 and is making me all confused. Is that really happening? I have a single bounty on H1 just to show I could do it, and that still took ages and was a shitty bug.