In my independent study of various compiler books and web sites, I am learning about many different ways that a compiler can optimize the code that is being compiled, but I am having trouble figuring out how much of a benefit each optimization will tend to give.
How do most compiler writers go about deciding which optimizations to implement first? Or which optimizations are worth the effort or not worth the effort? I realize that this will vary between types of code and even individual programs, but I'm hoping that there is enough similarity between most programs to say, for instance, that one given technique will usually give you a better performance gain than another technique.