That’s only half right - Barns and Noble has been having issues with year – thanks to Amazon. When the initial purchase was made I did not hear a peep about the lawsuit from anybody – It was B&N was getting out of clicks to focus on bricks.
I would hope it is a case of giving natural bright students who have had disadvantages to be given a chance to excel, such as going to a piss poor high school which they could not op out of. This is IL, which means inner city Chicago, and they have some schools which have their hands full providing the bare bones requirements for a High School diploma, never mind the higher end stuff.
They are very different creatures. The Boeing YAL-1 was deigned to shoot down missiles 100s of miles away (ballistic missiles in launch phase.). And part of the problem was its lack of range– it had to linger close (for ballistic missiles that is) to its target, which means you would have to have multiple plans covering the same area to accommodate refueling, service, etc.
Until rifles, a trained longbow men could out fire and out range firearms. (trained is the operating word here – some English bowmen’s left arm was 2 inches shorter than their right due to repeated compression of holding the bow.) (Out damage is questionable.)
That is not what Tolerance is not about live and let live. That is apathy or cowardice.
It is about softening your heart and trying to truly understand what the person believes in. If after you have softened you heart and truly tried to understand that person and you still find them reprehensible – you don’t live and let live – you try to change the people and the system.
This reminds me of 2 of my ex-girlfriends.
One would not read The Chronicles of Narnia because she was Christian and the books were not.
The other would not read them because the books were too Christian.
I am with Cervesaebraciator on this one – judge art on it’s own sake. And if it bugs you too much then borrow the DVD from the local library – Card won’t get too much money that way.
That is just plain sloppy use of language – it like lumping all football players together – no matter if they are a striker or a quarterback.
In your context, covers the whole private capital / hedge fund. I would just be simpler – and more accurate - to drop the vulture and just derided capitalism.
However, in the private capital / hedge fund world, vulture capital means something else.
Sure, they like to go by fancy names, such as distress debt, turn around operations, Warren Buffet, etc., but we know what they are. This deal fall into the mega cap leverage buy out
This is not vulture capitalism. Vulture funds, like the birds, feed off dead corpses. I don’t think BMC is dead or dying company. I am not saying that Bain doesn’t do this stuff – but this is not the case.
As for vulture capitalism themselves – do they harm dying companies by restructuring them? Is a slow death better then chopping off the dead flesh so a smaller, healthier, company can emerge? I mean, look at what the vulture capitalist Warren Buffet did with broadcloth make Berkshire Hathaway? Is society better off when he shut down the mills?
Louis Pasteur, “Fortune favors the prepared mind.”
I think you need to reread Nassim Nicholas Taleb’s The Black Swan, for he says no such thing. Not that it is random but that it cannot be molded. It has fat tails - this means the world is less calm then you think. Have reserves so when unexpected disaster strikes it does not wipe you out. Take a lot of small risks with big payoffs. Never risk more than you can lose.
As people has said, know your audience and what they expect.
Watch a few episodes of “Shark Tank”. Its entertainment so don’t take it as gospel. But it does show a lot of people doing rookie mistakes. Such as talking about how big the market is and if we can only get a sliver.
Also, focus on making a clean presentation.
Make sure all of the programs you will be using are up and running prior to the presentation – don’t start the programs in the middle – you are just asking for problems. Turn off everything else – in particular things that pop up.
Little errors & inconsistences make it seem you have a half-baked product.
There is a fine line between confidence and arrogance, between insecurity and honesty (I am assuming your product is not 100% perfect yet). . Find that line before you go in.
I am going to have to disagree with you here. Enron went down because the company had been hollowed out, not because of any evidence.
The charges that were levied and stuck against Arthur Anderson was the destruction of evidence. There were cleared of most of the other charges (after they had closed shop.) No, what Arthur Anderson did was lazy shoddy work, helping their clients maneuver the grey areas. They would have been in a lot better shape if they had not shredded the evidence.
And the accountants at Enron were not brought down my e-mails or any such thing. The accountants responsible where a close tight group.
Yes, there are existing systems – but there is a ongoing arms race out there. Glanced at the patent and I can’t find anything special about it, but it was only a glance.
New technologies come out. Social Media is a major headache in my line of work because all written client communication must be kept for 7 years.
I know of consultants who claim their software will detect people who are likely to commit fraud based on automatic textual analyst. (looking for things that indicate financial stress, suggestions that people meet after work, changes in patters (like stop e-mailing certain people), etc.)
Basically, I am refining what you are saying – but focusing on market structure and how to maximize the value to society.
Take a look at countries across the world. The top 2 providers make all of the profits, the rest are left with the scraps. Do you want a cozy duopoly or something more competitive? If you want something more competitive, you are going to need to give the underdogs a leg up.
Now, you can overpay for competition, and I have not read the details, but at first glance I am in favor.
Take a look at countries across the world. The top 2 providers make all of the profits, the rest are left with the scraps. Do you want a cozy duopoly or something more competitive? If you want something more competitive, you are going to need to give the underdogs a leg up.
So I have not read the details, but at first glance I am in favor.
I am an advocate of fiat money, but that is because I fear deflation more than inflation. (Well, my view is a bit more complex then that.)
As for what you are saying, “years” is not the right answer. We have been in a finical crisis for the past few years, and those tend to be deflationary. The reason why we have not seen major deflation is because Central Banks have been pumping money.
As for modern systems, there is a tension between independent Central Bankers who fear inflation verse politicians who like easy money. I can point to issues in recent years, but not in big mature countries.
What I fear (though less than inflation) is a repeat of the 1950s and financial repression. Back then the governments had a lot of debt (from WWII), like today. They rigged the bond market so interest rates were low in relationship to government debt, thus inflating the debt away (This does not require high inflation, just the relationship).
Bill Gross of Pimco has done some great blogs on this issue.
Probably not – or at least not for long. ROI is a ratio, Return Over Investment - or the percent return on your investment regardless of what the exact amount of the investment is. It allows somebody to compare a small project vs. a big project.
Your ROI would get greater as long as you have economies of scale – that is, the more money you spend the more efficient of a computer setup you get. I am going to make the assumption that pretty quickly you are going to hit the economies of scale (I don’t know a lot about BitCoin rigs, so I could be wrong.) – So, after you have purchased the most efficient BitCoin miner, the next BitCoin miner you buy will have the same ROI as the first - no more increase.
If a store can’t run profitability, then there will be no store, so you won’t be able to shop there.
Or, here is a different way to look at it. CC processors are an oligopoly with interests in keeping CC high, which hurt both the consumer and the shop owner. I tend to be on the free market / liberation side of things, but here is a case where the market is being distorted, and this seems to be a good experiment as breaking this oligopoly. It looks like it has some of the benefits of Bitcoins (being able to circumnavigate the CC processors) without the downside. For myself, Bitcoins lack of – errr - monetary policy (for lack of a better word) is a big downside. (I know that for Bitcoins advocates this is a plus)
If I remember correctly, it’s 100s of nuclear bombs under a battleship. Space Shuttles are then strapped on like fighter jets. (A single nuclear bomb might have enough force to send a space shuttle to orbit, but I am not sure if a space shuttle has sufficient structural integrity to survive. You want a lot of mass for a ship like this. )
A bit off topic, but have we had the Freeman Dyson interview yet – the guy who came up with this idea?
The Restaurant at the End of the Universe serves sentient food. It avoids the issue of cruelty to animals – they want to be eaten. Only ate there once with Douglas Adams, but I would love to go back. Maybe for tea with Dirk Gently.
Umm HBO is cable, so no FCC issues. And have you seen some of the stuff they do? Not exactly kid friendly.
Now, HBO spends millions on promoting comics and they kind of expect to make it up in subscriptions (if the guy is funny even to a very specific audience he would be safe here – see Game of Thrones – hard to be more geeky than that.) and selling DVDs of said show – which the artist freely promotes the piracy of.
Now, I am not saying HBO is the only game in the town or that I like the way they play the game (I would love to just by Game of Thrones without the other bits) - but if you want to play their game you need to play by their rules.
As to the point of having to pay capital gains - I missed that point. However, does it matter if you generated the BitCoin or bought it from somebody else? No - you still need to estimate the fair market value of said coin.
With BitCons that is kind of easy - lots of other people do real world transactions with them. As for appraisal value - yeah - technically it is all material and should be reported, but if that was your only trade I would guess the American IRS would not care. In some cases they will ignore total yearly amounts under $200 - in other cases under $2l000, I have not seen a ruling for BitCoins yet. Now, if you did a lot of them.....
As for the apprisal you kind of hit it on the head - the value is that it is unbiased. (I would also argue a bit about the arbitrary bit - there are standards - now some are kind of lose and have been exploited but there are standads.)
While it's a great theory for how taxes should be defined. it may be problematic... Suppose, you use X bitcoins to buy a digital product, such as an eBook, that is not for sale by any other means (it is not available to be purchased for USD). You have a problem.
Well, no, I don’t have a problem – it’s the retailor who has to pay the tax so it is up to the local authority. And in America, these things don’t have sales tax. So the specifics don’t pan out in this case – but let’s take the view of the retailor.
It’s intangible? So? There is a whole chunk of legal and accounting standards that wrap around this. Has anybody anywhere swapped bitcoins for something else? If yes that gets you a value. It may be a fuzzy value – but it is a value. Don’t have that? That’s o.k. You can (and in some cases, are required to) bring in a independent 3rd party to assign a appraised value. Once again fuzzy, but this is routinely done when somebody donates a piece of fine art or a patent.
Slashdot Mirror
That’s only half right - Barns and Noble has been having issues with year – thanks to Amazon. When the initial purchase was made I did not hear a peep about the lawsuit from anybody – It was B&N was getting out of clicks to focus on bricks.
I would hope it is a case of giving natural bright students who have had disadvantages to be given a chance to excel, such as going to a piss poor high school which they could not op out of. This is IL, which means inner city Chicago, and they have some schools which have their hands full providing the bare bones requirements for a High School diploma, never mind the higher end stuff.
They are very different creatures. The Boeing YAL-1 was deigned to shoot down missiles 100s of miles away (ballistic missiles in launch phase.). And part of the problem was its lack of range– it had to linger close (for ballistic missiles that is) to its target, which means you would have to have multiple plans covering the same area to accommodate refueling, service, etc.
Until rifles, a trained longbow men could out fire and out range firearms. (trained is the operating word here – some English bowmen’s left arm was 2 inches shorter than their right due to repeated compression of holding the bow.) (Out damage is questionable.)
That is not what Tolerance is not about live and let live. That is apathy or cowardice.
It is about softening your heart and trying to truly understand what the person believes in. If after you have softened you heart and truly tried to understand that person and you still find them reprehensible – you don’t live and let live – you try to change the people and the system.
This reminds me of 2 of my ex-girlfriends.
One would not read The Chronicles of Narnia because she was Christian and the books were not.
The other would not read them because the books were too Christian.
I am with Cervesaebraciator on this one – judge art on it’s own sake. And if it bugs you too much then borrow the DVD from the local library – Card won’t get too much money that way.
That is just plain sloppy use of language – it like lumping all football players together – no matter if they are a striker or a quarterback.
In your context, covers the whole private capital / hedge fund. I would just be simpler – and more accurate - to drop the vulture and just derided capitalism.
However, in the private capital / hedge fund world, vulture capital means something else.
http://www.investopedia.com/terms/v/vulturefund.asp
Sure, they like to go by fancy names, such as distress debt, turn around operations, Warren Buffet, etc., but we know what they are. This deal fall into the mega cap leverage buy out
This is not vulture capitalism. Vulture funds, like the birds, feed off dead corpses. I don’t think BMC is dead or dying company. I am not saying that Bain doesn’t do this stuff – but this is not the case.
As for vulture capitalism themselves – do they harm dying companies by restructuring them? Is a slow death better then chopping off the dead flesh so a smaller, healthier, company can emerge? I mean, look at what the vulture capitalist Warren Buffet did with broadcloth make Berkshire Hathaway? Is society better off when he shut down the mills?
Louis Pasteur, “Fortune favors the prepared mind.”
I think you need to reread Nassim Nicholas Taleb’s The Black Swan, for he says no such thing. Not that it is random but that it cannot be molded. It has fat tails - this means the world is less calm then you think. Have reserves so when unexpected disaster strikes it does not wipe you out. Take a lot of small risks with big payoffs. Never risk more than you can lose.
As people has said, know your audience and what they expect.
Watch a few episodes of “Shark Tank”. Its entertainment so don’t take it as gospel. But it does show a lot of people doing rookie mistakes. Such as talking about how big the market is and if we can only get a sliver.
Also, focus on making a clean presentation.
Make sure all of the programs you will be using are up and running prior to the presentation – don’t start the programs in the middle – you are just asking for problems. Turn off everything else – in particular things that pop up.
Little errors & inconsistences make it seem you have a half-baked product.
There is a fine line between confidence and arrogance, between insecurity and honesty (I am assuming your product is not 100% perfect yet). . Find that line before you go in.
I am going to have to disagree with you here. Enron went down because the company had been hollowed out, not because of any evidence.
The charges that were levied and stuck against Arthur Anderson was the destruction of evidence. There were cleared of most of the other charges (after they had closed shop.) No, what Arthur Anderson did was lazy shoddy work, helping their clients maneuver the grey areas. They would have been in a lot better shape if they had not shredded the evidence.
And the accountants at Enron were not brought down my e-mails or any such thing. The accountants responsible where a close tight group.
Yes, there are existing systems – but there is a ongoing arms race out there. Glanced at the patent and I can’t find anything special about it, but it was only a glance.
New technologies come out. Social Media is a major headache in my line of work because all written client communication must be kept for 7 years.
I know of consultants who claim their software will detect people who are likely to commit fraud based on automatic textual analyst. (looking for things that indicate financial stress, suggestions that people meet after work, changes in patters (like stop e-mailing certain people), etc.)
Because Dell is the one who figured it out and disclosed the information. So kudos to Dell for figuring this out and reporting it.
Next, I want to know if they are going to drop the reseller. From the article, the resellers knew who they were selling to.
Basically, I am refining what you are saying – but focusing on market structure and how to maximize the value to society.
Take a look at countries across the world. The top 2 providers make all of the profits, the rest are left with the scraps. Do you want a cozy duopoly or something more competitive? If you want something more competitive, you are going to need to give the underdogs a leg up.
Now, you can overpay for competition, and I have not read the details, but at first glance I am in favor.
Take a look at countries across the world. The top 2 providers make all of the profits, the rest are left with the scraps. Do you want a cozy duopoly or something more competitive? If you want something more competitive, you are going to need to give the underdogs a leg up.
So I have not read the details, but at first glance I am in favor.
Ion drives have a high impulse but a low thrust. If you have time, such as a unmanned probe there great. If you got humans – maybe not.
Here is the link to his blog on Financial Repression. If is from 2011 but I think it is still valid.
FYI, he co-founded PIMCO, one of the world’s largest bond fund managers. I think he is very good. I also like his New Normal one.
http://www.pimco.com/EN/insights/pages/buycheapbondswithsafespread.aspx
I am an advocate of fiat money, but that is because I fear deflation more than inflation. (Well, my view is a bit more complex then that.)
As for what you are saying, “years” is not the right answer. We have been in a finical crisis for the past few years, and those tend to be deflationary. The reason why we have not seen major deflation is because Central Banks have been pumping money.
As for modern systems, there is a tension between independent Central Bankers who fear inflation verse politicians who like easy money. I can point to issues in recent years, but not in big mature countries.
What I fear (though less than inflation) is a repeat of the 1950s and financial repression. Back then the governments had a lot of debt (from WWII), like today. They rigged the bond market so interest rates were low in relationship to government debt, thus inflating the debt away (This does not require high inflation, just the relationship).
Bill Gross of Pimco has done some great blogs on this issue.
Probably not – or at least not for long. ROI is a ratio, Return Over Investment - or the percent return on your investment regardless of what the exact amount of the investment is. It allows somebody to compare a small project vs. a big project.
Your ROI would get greater as long as you have economies of scale – that is, the more money you spend the more efficient of a computer setup you get. I am going to make the assumption that pretty quickly you are going to hit the economies of scale (I don’t know a lot about BitCoin rigs, so I could be wrong.) – So, after you have purchased the most efficient BitCoin miner, the next BitCoin miner you buy will have the same ROI as the first - no more increase.
If a store can’t run profitability, then there will be no store, so you won’t be able to shop there.
Or, here is a different way to look at it. CC processors are an oligopoly with interests in keeping CC high, which hurt both the consumer and the shop owner. I tend to be on the free market / liberation side of things, but here is a case where the market is being distorted, and this seems to be a good experiment as breaking this oligopoly. It looks like it has some of the benefits of Bitcoins (being able to circumnavigate the CC processors) without the downside. For myself, Bitcoins lack of – errr - monetary policy (for lack of a better word) is a big downside. (I know that for Bitcoins advocates this is a plus)
If I remember correctly, it’s 100s of nuclear bombs under a battleship. Space Shuttles are then strapped on like fighter jets. (A single nuclear bomb might have enough force to send a space shuttle to orbit, but I am not sure if a space shuttle has sufficient structural integrity to survive. You want a lot of mass for a ship like this. )
A bit off topic, but have we had the Freeman Dyson interview yet – the guy who came up with this idea?
The Restaurant at the End of the Universe serves sentient food. It avoids the issue of cruelty to animals – they want to be eaten. Only ate there once with Douglas Adams, but I would love to go back. Maybe for tea with Dirk Gently.
Umm HBO is cable, so no FCC issues. And have you seen some of the stuff they do? Not exactly kid friendly.
Now, HBO spends millions on promoting comics and they kind of expect to make it up in subscriptions (if the guy is funny even to a very specific audience he would be safe here – see Game of Thrones – hard to be more geeky than that.) and selling DVDs of said show – which the artist freely promotes the piracy of.
Now, I am not saying HBO is the only game in the town or that I like the way they play the game (I would love to just by Game of Thrones without the other bits) - but if you want to play their game you need to play by their rules.
Out of curiosity, on what type of tax? Is it a wealth tax or something else?
As to the point of having to pay capital gains - I missed that point. However, does it matter if you generated the BitCoin or bought it from somebody else? No - you still need to estimate the fair market value of said coin.
With BitCons that is kind of easy - lots of other people do real world transactions with them. As for appraisal value - yeah - technically it is all material and should be reported, but if that was your only trade I would guess the American IRS would not care. In some cases they will ignore total yearly amounts under $200 - in other cases under $2l000, I have not seen a ruling for BitCoins yet. Now, if you did a lot of them.....
As for the apprisal you kind of hit it on the head - the value is that it is unbiased. (I would also argue a bit about the arbitrary bit - there are standards - now some are kind of lose and have been exploited but there are standads.)
While it's a great theory for how taxes should be defined. it may be problematic... Suppose, you use X bitcoins to buy a digital product, such as an eBook, that is not for sale by any other means (it is not available to be purchased for USD). You have a problem.
Well, no, I don’t have a problem – it’s the retailor who has to pay the tax so it is up to the local authority. And in America, these things don’t have sales tax. So the specifics don’t pan out in this case – but let’s take the view of the retailor.
It’s intangible? So? There is a whole chunk of legal and accounting standards that wrap around this. Has anybody anywhere swapped bitcoins for something else? If yes that gets you a value. It may be a fuzzy value – but it is a value. Don’t have that? That’s o.k. You can (and in some cases, are required to) bring in a independent 3rd party to assign a appraised value. Once again fuzzy, but this is routinely done when somebody donates a piece of fine art or a patent.