[R-sig-finance] R vs. S-PLUS
dave at kanecap.com
Tue Nov 30 14:47:12 CET 2004
Yasser El-Zein writes:
> I am at a cross-road where I have to make a decision of going with R
> or S-PLUS. I am mainly interested in S+'s finmetrics library or R's
> Rmetrics. Can you please help me out by stating, out of experience,
> the pros and cons of each?
Alas, I have never used finmetrics and have only touched on Rmetrics,
but I have used R in a production environment in the financial world
for 3+ years. There is no doubt in my mind that, for serious
statistical/computational work in finance, R is the best choice.
In terms of specific pros/cons, I would highlight the trajectory of R
over the last few years compared to the (much lower) trajectory of
S+. If R improves half as much (relative to S+) in the next 3 years as
it has over the last 3, the comparison between the two won't even be
If you don't go with R now, you will someday.
Just my 2 cents,
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