> One facet which always fascinated me was the dispersion of trading ideas, including the code behind algorithms and any sort of research. Successful ideas are constantly being updated, adapted, and often times stolen. Traders are generally hired for the trading strategies they have been exposed to and the potential value within. There are very few individuals who create new and successful ideas. The rest are just copying what they have been exposed to and hoping that it sticks when they throw it all the wall, which eventually runs each successful idea into the ground as the value being captured disappears quickly.
Successful ideas in general work this way, but I am impressed with the SPEED in which this dispersion takes place in the trading world. All this brain and computing power cycles through ideas as quickly as possible to find new sources of income. It's a giant complex network trying to find an ever-changing optimal solution to the current market state. Quite incredible.
So exactly like Silicon Valley?