Python Isn't That Great

I've used python over the years however in the past 5 months I have been using it as my primary language. Subscribers have been asking what I think about it and so here is my OPINION.

For quants building models and working with data python can do a lot however it takes a lot more code to do the same tasks as SAS. Often the results are close to correct but being open source there is no guarantee that it is actually correct. Packages are available for many things however there are many packages missing or not built very well. But again what do you expect when it is free? It does shine in doing machine learning in comparison to SAS. I do wish SAS would add a lot of the ML models to SAS EG.

As a manager it also takes a lot more training on how to do statistical model development as the output in python is very limited. Again, it takes a lot more code and expertise to get the tables, tests, and results one should be using to build and select models.

Can python do anything? Yes! Is it the most efficient, complete, and accurate language for statistical model development? No.


Website:
https://www.FancyQuantNation.com

Quant t-shirts, mugs, and hoodies:
https://www.teespring.com/stores/fancy-quant

Connect with me:
https://www.linkedin.com/in/dimitri-bianco
https://twitter.com/DimitriBianco