Interesting marketing concept / idea:
it is easier to sell "pain killers" than "vitamins"
since people primarily want to solve immediate problems...
Microsoft Office is moving to JavaScript based plugins...
F# may be a bit too much power to average Excel user...
And Excel is used and misused for much more critical things
that it is designed for...
London Whale Part Result Of Excel Error - Business Insider
It's all in JP Morgan's 129 page report onthe $6 billion trading loss. In an appendix on page 127, the report talks about how one London-based quant was working on a new VaR (Value at Risk) model for the Chief Investment Office.
On top of not being tested correctly, the report states that the model suffered from some pretty standard Excel flaws.
Microsoft Corporation Launches Cheaper Office Software
Microsoft Office tools remains the world standard for productivity software, with over one billion users spending over $25 billion dollars on them in that last fiscal year.
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