Getting setup with Erlang on OSX was simple – ./configure, sudo make install, etc.

I tried the Eclipse Erlang plugin… not so hot – they are trying – but it is not really there yet.

I found a Textmate bundle for Erlang. make a text file, chmod so you can execute it, run it. You do not even have to restart Textmate and you have basic erlang code highlighting, etc. That and an open terminal do the trick.

With this – I have been able to have a basic working model. Code, compile, etc. It is amazing how much tooling I rely on day to day coding C# or Java. Visual Studio, Resharper, Intelli J – these tools REALLY do a TON. On one hand it is refreshing to get to just a text editor and a compiler again, but on the other hand – I am just not sure how productive you can possibly be compared to an environemt with TONS of tooling. Simple refactorings becomde ‘grep’ efforts in stead of a code construct aware proper refactoring…

More to come;
Chris

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Robert Martin and Jim Coplien on Test Driven Development, architecture evolution, how much design up front

Coplien said that he thought – 1/2 hr up front modeling the basic top level structure for a 2 million line of code telecom system. The question of how much up front, vs how much is pure TDD is an interesting one. This is a hard balance to strike I think. When planning a global scale trading system for example – there must be some up front planning… How much??

Food for thought.

-Chris

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Intrade Prediction Markets- This is just amazing. You can actually get long Obama, Short McCain, Long Recession, etc. Prediction Markets are amazing.

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The current US economy is in some trouble. Are we in a recession? I think yes. What are the issues? The dollar will continue to weaken given the current fiscal policy. When the fed lowers rates again – which it almost certainly will, we will see the dollar soften more.

Buy some TIPS – Treasury Inflation Protected Securities
Short the USD vs the JPY (japan)
Short USD vs CNY – (china)
Long VIX (buy volatility)

This is my basic view as to the best set of steps to take to position financially for the coming months. That said – I would still think that holding as much cash as possible would be the best move of all. Despite the fact that the USD will come under pressure, having some of those USD in the bank will help if things get rougher on the home front.

Credit will become increasingly expensive. The heads at Goldman and elsewhere on the street believe we are just seeing the 1/3 point in our road down the credit crunch highway. This means that credit conditions will continue to tighten – making $ expensive.

People holding pure consumer debt MUST get rid of it. The US Government MUST stop spending all of our money on a foreign war that we should not be in.

There is an interesting read over @ FT.com on Clinton vs Obama wrt free trade. I hope to see more of this type of talk as opposed to continued arguing, slandering, etc that seems to have come to the forefront of politics forever.

-Chris

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