Absolutely true about used cars being a great value. However I worry about reliability, particularly with american cars. Pickups, however, are more reliable. There are probably a lot of car experts who would disagree, but in my experience pickups last longer and require fewer expensive repairs. Another way to save money is going standard as opposed to automatic transmission. Not only is the cost of replacing a std. transmission much less. But I believe you also conserve some gas with a standard, be it car or truck. Furthermore, small pickups are classified as Low Emission Vehicles. For example a Ford Ranger gets about 21mpg whereas a ford taurus gets like 29mpg. And pickups are so handy! AND you can look cool in a pickup even if it's not a shiny new one.
I agree that unproven business models, in many cases hatched by inexperienced tech people, caused these companies to fail. But the tech workers are not responsible for the magnitude of the dot com bust. That is the fault of brokerage and VC institutions which promoted these stocks. They knew perfectly well that these companies were not sound. They all said "well we know 9 out of 10 dot coms will fail. But have you seen our latest IPO! GOLDRUSH!" Unfortunately I bought into it.
Do you detect the condescension toward 'geeks'? It's typical of biz articles to blame the dot com debacle on tech workers. In particular biz journalists like to blame the young founders of these companies, as if their lack of seriousness and business experience caused the dot com crash. Like "yes we 'suits' knew it all along." Tech people built these (crappy) companies but brokerage houses and greedy investors (all of us) pumped up the price bubble. So many people lost so much money not because of naive college CS students. It was because of bad advice and stock hype from wall street institutions. It would be interesting to see how many billions in profits the institutions made off of average investors. They got in right at the beginning of IPOs, rode them up, and sold for 100%, 200%, 700% profit. We held the stocks at those high valuations and watched them fall to earth.
Slashdot Mirror
I first heard all the genres and subgenres at Ishkur's Guide To Electronic Music. The samples might take a little while to load:
c /
http://ww.ishkur.com
Also mp3.com breaks it down into many subgenres:
http://genres.mp3.com/music/electroni
Absolutely true about used cars being a great value. However I worry about reliability, particularly with american cars. Pickups, however, are more reliable. There are probably a lot of car experts who would disagree, but in my experience pickups last longer and require fewer expensive repairs. Another way to save money is going standard as opposed to automatic transmission. Not only is the cost of replacing a std. transmission much less. But I believe you also conserve some gas with a standard, be it car or truck.
Furthermore, small pickups are classified as Low Emission Vehicles. For example a Ford Ranger gets about 21mpg whereas a ford taurus gets like 29mpg. And pickups are so handy! AND you can look cool in a pickup even if it's not a shiny new one.
You can't mush two peices of shit together and get a diamond.
I agree that unproven business models, in many cases hatched by inexperienced tech people, caused these companies to fail. But the tech workers are not responsible for the magnitude of the dot com bust. That is the fault of brokerage and VC institutions which promoted these stocks. They knew perfectly well that these companies were not sound. They all said "well we know 9 out of 10 dot coms will fail. But have you seen our latest IPO! GOLDRUSH!" Unfortunately I bought into it.
Do you detect the condescension toward 'geeks'? It's typical of biz articles to blame the dot com debacle on tech workers. In particular biz journalists like to blame the young founders of these companies, as if their lack of seriousness and business experience caused the dot com crash. Like "yes we 'suits' knew it all along." Tech people built these (crappy) companies but brokerage houses and greedy investors (all of us) pumped up the price bubble. So many people lost so much money not because of naive college CS students. It was because of bad advice and stock hype from wall street institutions. It would be interesting to see how many billions in profits the institutions made off of average investors. They got in right at the beginning of IPOs, rode them up, and sold for 100%, 200%, 700% profit. We held the stocks at those high valuations and watched them fall to earth.