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Comment by thyrsus

I work within an organization resembling this, and yet it has remained profitable for multiple decades. I forever wonder when the technical naked short options[0] will get called, but they never have in a serious way. My suspicion is that the chaos is S.O.P. among peer companies, so the market has never experienced a competitor not so hobbled. It may also be that controlling chaos is so expensive it's a non-obvious competitive advantage not to do so.

[0] technical debt is when you have a plan to pay it down. A technical naked short option is when your plan is to hope the subsystem goes away before its deficiencies have catastrophic effects.

parent thyrsus 4 years ago

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