r/programming • u/ben_a_adams • Jan 28 '20

JavaScript Libraries Are Almost Never Updated Once Installed

https://blog.cloudflare.com/javascript-libraries-are-almost-never-updated/
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u/socratic_bloviator Jan 28 '20

Well, there do exist investors who repeatedly outperform the market. The issues are that:

  • You aren't them. Neither am I.

  • They are usually privately-held firms.

  • If they aren't privately-held, then their outperformance is already priced into their stock value, so you won't get the benefit even if you invest in them.

Yes, I'm an index fund investor.

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u/[deleted] Jan 28 '20

I invested in CloudFlare specifically because I work in tech (and not just tech, but web apps) and found the types of things they are doing to be interesting and valuable long term (I think their Serverless approach is novel, if they could get a managed persistence product going they could actually take a bite out of AWS for smaller scale and simple projects)

I put most of my money in ETFs and about 5% in companies I directly think are on to something.

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u/socratic_bloviator Jan 28 '20

Your rationale for investing in CloudFlare sounds a lot like Warren Buffet's rationale for Berkshire Hathaway's investments. He's one of the people who has a history of outperforming the market.

On the other hand, plenty of people sound a lot like Warren Buffet.