NPV techniques are the best way to evaluate the actual savings
At least there are two smart people around:) Explain this sentence: "NPV techniques are the best way to evaluate the actual savings assuming I can continue to pull ~30%pa out of the stock market, i'll be a very happy chappy in a few years time with my choice of car! "
I agree. Another symptom to point out is the amount of debt americans are in right now. I heard on a radio program that the average american is $8000 in credit card debt. Credit cards, with ~20% interest! Makes you wonder how much of this economy right now is completely driven on debt.
The problem is people don't know how to manage their money. True story: I make a lot of money at the place I work, and im still pretty low on the totem pole. On my desk I have my 1500$ laptop, 500$ cell phone, 400$ mp3 player, and 120$ pair of speakers.
Everyone thinks I must have tons of money from other sources to be able to afford this stuff... Whereas the real secret is: I drive an $8,000 car. They are all making payments on Infiniti's and Lexuses etc, or huge SUVs... The cheapest infiniti is say, 35k, with interest you're gonna pay 40ish. I spend 8k cash on a not so nice but very reliable used toyota camry, that leaves me 32k ahead of them even with my comparatively low salary.
Side question, how the *FUCK* do you get an interest rate like that? I have *NO* debt whatsoever, extremely good credit, and make a lot of money... and still I have 15% interest rates.
Bingo. The real-estate bubble will be the great depression all over again if it bursts. We are teetering on the edge of disaster. In san diego and orange counties (california for thsoe who don't know), the average price of a house is around 600k... About 15% of the residents can afford to finance that.
Which means a lot of very risky loans have been written. When the economy slows down (which it will we have *VERY* bad fundamentals), those lonas will come crashing down, the foreign investors who have been financing our debt-financed economic boom will pull out their money, and we'll have the bank runs and ruin of the great depression. I hope not, but it could very easily happen.
Wall Street can be a cruel mistress. Just because you make money doesn't mean your stock price goes up.
The entire problem with the stock market is just that. You are supposed to be buying stock for the *DIVIDENDS*. But P/E ratios are out of whack, so people are buying for speculation... which is a bad idea to say the least.
I was offered a job where they wanted me to sign a non-compete contract where whenever I left I couldn't work for a competitor for a year. No way would I sign that.
Here's the thing, if nearly *all* employers require it, are you going to simply not have a job and allow your family to starve?
Every doctor I go to immdiately requires me to sign a document that says I won't sue them (and that I agree to arbitrate any disputes with an arbitrater of their choice). The document is complete bullshit and would not stand up in court, however, you can't get medical care without signing one. So should I just not goto the doctor?:)
For those who dont know: MS crippled Borland by offering their *TOP* 40 engineers *DOUBLE* their salaries to work at MS. Borland products which were once the industry standard began a rapid descent, and have been garbage ever since, with MS's Visual suite taking their place.
I make a hell of a lot of money actually... but I remember just after the bust my friends were getting picked up around 33 - 40k a year (in california thats pretty brutal). Theres one place out here that pays applications programmers 9$ an hour. As you can imagine they're always hiring heh.
Bill isn't stupid, and it's becoming rather apparent that outsourcing to Third World nations isn't working out nearly as well as people thought it would.
Agreed. Do you recall when the president of HP said (paraphrasing), "The problem isn't that American engineers aren't highly skilled...Is that highly skilled american engineers won't work for minimum wage."
I have one world for you: Borland. MS poached *40* of Borlands top engineer, which had the effect of over a couple years turning their products from the industry standard to unusable garbage.
Very good. Now here's the *REASON* he complains about there being too many programmers when he uses h1b's etc etc:
Bill Gates *WANTS* the market of programmers to be flooded. The glut of CS students during the dot com boom was fabulous for software companies who were hiring programmers for 35k a year *AFTER THE BUST*. The economy is starting to heat up again (until oil prices kill us, a story for another day) and wages are starting to pick up again, and companies don't want to pay them. Believe me, bill gates does nothing but serve himself, if he says we need more programmers, we most surely don't.
No shit! Businesses are busy screaming, "NO! NO! We don't hire those kind of people!" And then they wonder why nobody is entering the field?
It took me *3 years* to find my first programming job after college (graduated just after 9/11)... Now I know my experience was one of the worst, but it happened. With the worries about outsourcing, the szhizophrenic (sp?) attitudes of companies... If I had known then what I know now, I wouldn't have gone to CS either. The average programmer makes no more than the average teacher, and teachers have better pensions, don't have to go through insanely difficult curriculum, don't have to worry about outsourcing, technology trends, the global economy... Maybe I'll take the cbest and teach CS.
That certainly sounds nasty. If that's indeed their intent, then I certainly don't support it. If indeed they want what you describe I agree with nearly everything you say.
Thin end of the wedge my friend. You think once they get this power they are going to be satisified and quit?
Re:So... I see your Bass is as big as mine...
on
Death Star Subwoofer
·
· Score: 2, Funny
2 nerd points if you can work the miserable band "big fish" into a pun.
The problem with the quantum physics consciousness crowd is its really more *metaphysics* then physics.
These people want thought to be special, and as the mechanisms with which neurons work is largely understood (even if what the do in toto is now), they want to hang what they want to be special at the door of something that is not understood, and thus mystical and special.
I've been looking for something like this. I have a few art type things that people want prints of -- but the cost of getting a large format printer is not proportional to interest in whay I have to offer:). I for one, am excited.
I agree that seems a bit high.. but you have to remember, before you can make a bandage out of shrimp and vinegar, YOU HAVE TO FIGURE OUT YOU CAN MAKE A BANDAGE OUT OF SHRIMP AND VINEGAR.
thats the problem isn't it? the defintion of "don't have the right to do"? Who assigns rights? Just because you own the copyright of a thing, doesn't mean you weild unlimited power over that thing. Most of the time your fair use rights are indistingusihable from copying.
I'm going to have to beg to differ here. Most people go cheap on the monitor and just buy the box. Don't you? You know why? Most people buy a monitor they are *happy* with and use it until it breaks.
You think thats funny... but after all the delayed features (many of which most people could care less about), and what remains? A fancy gui and a bunch of ungodly DRM?...
I have an observation... *EVERY* MS OS has had something in it that people thought was going to be the end of the world. And in the end MS backed down or *NOBODY ADOPTED IT*. Im fairly certain that stuff will happen here.
At first I was a little peeved you called dvd-audio stupid. But in the end I think you're right:) The average consumer doesn't understand/care about the limitations of a CD.
Slashdot Mirror
At least there are two smart people around :) Explain this sentence: "NPV techniques are the best way to evaluate the actual savings assuming I can continue to pull ~30%pa out of the stock market, i'll be a very happy chappy in a few years time with my choice of car! "
The problem is people don't know how to manage their money. True story: I make a lot of money at the place I work, and im still pretty low on the totem pole. On my desk I have my 1500$ laptop, 500$ cell phone, 400$ mp3 player, and 120$ pair of speakers.
Everyone thinks I must have tons of money from other sources to be able to afford this stuff ... Whereas the real secret is: I drive an $8,000 car. They are all making payments on Infiniti's and Lexuses etc, or huge SUVs ... The cheapest infiniti is say, 35k, with interest you're gonna pay 40ish. I spend 8k cash on a not so nice but very reliable used toyota camry, that leaves me 32k ahead of them even with my comparatively low salary.
Side question, how the *FUCK* do you get an interest rate like that? I have *NO* debt whatsoever, extremely good credit, and make a lot of money ... and still I have 15% interest rates.
Which means a lot of very risky loans have been written. When the economy slows down (which it will we have *VERY* bad fundamentals), those lonas will come crashing down, the foreign investors who have been financing our debt-financed economic boom will pull out their money, and we'll have the bank runs and ruin of the great depression. I hope not, but it could very easily happen.
The entire problem with the stock market is just that. You are supposed to be buying stock for the *DIVIDENDS*. But P/E ratios are out of whack, so people are buying for speculation ... which is a bad idea to say the least.
Here's the thing, if nearly *all* employers require it, are you going to simply not have a job and allow your family to starve?
Every doctor I go to immdiately requires me to sign a document that says I won't sue them (and that I agree to arbitrate any disputes with an arbitrater of their choice). The document is complete bullshit and would not stand up in court, however, you can't get medical care without signing one. So should I just not goto the doctor? :)
For those who dont know: MS crippled Borland by offering their *TOP* 40 engineers *DOUBLE* their salaries to work at MS. Borland products which were once the industry standard began a rapid descent, and have been garbage ever since, with MS's Visual suite taking their place.
I make a hell of a lot of money actually ... but I remember just after the bust my friends were getting picked up around 33 - 40k a year (in california thats pretty brutal). Theres one place out here that pays applications programmers 9$ an hour. As you can imagine they're always hiring heh.
Thanks for being stupid. I went to an extremely difficult college where the graduation rate was 30%. Touche!
Agreed. Do you recall when the president of HP said (paraphrasing), "The problem isn't that American engineers aren't highly skilled...Is that highly skilled american engineers won't work for minimum wage."
I have no pity for MS.
Bill Gates *WANTS* the market of programmers to be flooded. The glut of CS students during the dot com boom was fabulous for software companies who were hiring programmers for 35k a year *AFTER THE BUST*. The economy is starting to heat up again (until oil prices kill us, a story for another day) and wages are starting to pick up again, and companies don't want to pay them. Believe me, bill gates does nothing but serve himself, if he says we need more programmers, we most surely don't.
It took me *3 years* to find my first programming job after college (graduated just after 9/11)... Now I know my experience was one of the worst, but it happened. With the worries about outsourcing, the szhizophrenic (sp?) attitudes of companies ... If I had known then what I know now, I wouldn't have gone to CS either. The average programmer makes no more than the average teacher, and teachers have better pensions, don't have to go through insanely difficult curriculum, don't have to worry about outsourcing, technology trends, the global economy ... Maybe I'll take the cbest and teach CS.
That certainly sounds nasty. If that's indeed their intent, then I certainly don't support it. If indeed they want what you describe I agree with nearly everything you say.
Thin end of the wedge my friend. You think once they get this power they are going to be satisified and quit?
2 nerd points if you can work the miserable band "big fish" into a pun.
These people want thought to be special, and as the mechanisms with which neurons work is largely understood (even if what the do in toto is now), they want to hang what they want to be special at the door of something that is not understood, and thus mystical and special.
Allow me to unboggle. The article is crap.
Has azureus fixed its memory leaks? It has some *severe* problems, so much so that it locks up my X server on a daily basis.
I am violently allergic to citrus (citric acid, to be exact) and can drink coke with impunity. Im curious if you can reconcile that observation?
(citric acid and ascorbic acid are the two forms of vitamin C which are produced in a certain ratio in citrus fruit)
I've been looking for something like this. I have a few art type things that people want prints of -- but the cost of getting a large format printer is not proportional to interest in whay I have to offer :). I for one, am excited.
I agree that seems a bit high .. but you have to remember, before you can make a bandage out of shrimp and vinegar, YOU HAVE TO FIGURE OUT YOU CAN MAKE A BANDAGE OUT OF SHRIMP AND VINEGAR.
thats the problem isn't it? the defintion of "don't have the right to do"? Who assigns rights? Just because you own the copyright of a thing, doesn't mean you weild unlimited power over that thing. Most of the time your fair use rights are indistingusihable from copying.
I'm going to have to beg to differ here. Most people go cheap on the monitor and just buy the box. Don't you? You know why? Most people buy a monitor they are *happy* with and use it until it breaks.
I have an observation ... *EVERY* MS OS has had something in it that people thought was going to be the end of the world. And in the end MS backed down or *NOBODY ADOPTED IT*. Im fairly certain that stuff will happen here.
At first I was a little peeved you called dvd-audio stupid. But in the end I think you're right :) The average consumer doesn't understand/care about the limitations of a CD.