yooge crowds, not huge.
to all downvoters, just in case you missed, this was a parody on Trump. and pretty good one:)
J.C. Penney’s troubles are reflected in satellite images of its parking lots
31–40 of 56 posts
Re: J.C. Penney’s troubles are reflected in satellite images of its parking lots
#32Earlier quoted context omitted.
But it seems that most people don't really beat the index funds so the expected returns are essentially the same as index funds. Without higher returns why would you take higher risk?
Your returns are potentially higher. And lower. Let's say I want to take an Alaskan cruise, but I don't quite have the money. If I get a higher return I'll have enough to go. If I get a lower return I won't go, and I'll still have enough money for rent. In my (admittedly contrived) scenario I'm willing to accept more risk as long as my returns are potentially higher.
It's risk-adjusted return that you and the GP care about. It's fairly straightforward to add both risk and return - just add leverage. Picking individual stocks, on the other hand, means you wind up being the "dumb money" that the "smart money" systematically takes advantage of.
Re: J.C. Penney’s troubles are reflected in satellite images of its parking lots
#33Earlier quoted context omitted.
Your returns are potentially higher. And lower. Let's say I want to take an Alaskan cruise, but I don't quite have the money. If I get a higher return I'll have enough to go. If I get a lower return I won't go, and I'll still have enough money for rent. In my (admittedly contrived) scenario I'm willing to accept more risk as long as my returns are potentially higher.
It's risk-adjusted return that you and the GP care about. It's fairly straightforward to add both risk and return - just add leverage. Picking individual stocks, on the other hand, means you wind up being the "dumb money" that the "smart money" systematically takes advantage of.
I don't think it's that hard to beat the "smart money" provided you don't try to out-trade them.
Re: J.C. Penney’s troubles are reflected in satellite images of its parking lots
#34I see huge crowds, maybe the most cars in a parking lot ever, I don't know, you look out the door and its nothing but cars, huge. Many people say that JC Penny is the best store, huge store, way bigger than Amazon. Have you seen an Amazon store when walking by yourself in the Mall? I haven't. You know why? Amazon is a fake store. That's right, fake store. Nobody buys anything there because its fake, all fake. Malls a…
Trolling, bro?
I was going for sarcasm. The slow steady death of Malls (the home of nearly all JC Penny stores) has been going on for over a decade now, and pretty much all of the articles I see about JC Penny's or Malls blame Amazon and people shopping from home for stuff. Given our current President's speech tonight and his preference for seeing things in an alternate light and his issues with estimating how full or how empty an aerial photo can be I thought "What would Trump say?" and well it just came out.
My apologies for those who were offended or missed the joke.
Re: J.C. Penney’s troubles are reflected in satellite images of its parking lots
#35Earlier quoted context omitted.
Trolling, bro?
I was going for sarcasm. The slow steady death of Malls (the home of nearly all JC Penny stores) has been going on for over a decade now, and pretty much all of the articles I see about JC Penny's or Malls blame Amazon and people shopping from home for stuff. Given our current President's speech tonight and his preference for seeing things in an alternate light and his issues with estimating how full or how empty an…
I did get that you weren't serious. But I wasn't sure whether it was a joke, or a second-order joke. So I asked ;)
Re: J.C. Penney’s troubles are reflected in satellite images of its parking lots
#36Earlier quoted context omitted.
It's risk-adjusted return that you and the GP care about. It's fairly straightforward to add both risk and return - just add leverage. Picking individual stocks, on the other hand, means you wind up being the "dumb money" that the "smart money" systematically takes advantage of.
I don't think it's that hard to beat the "smart money" provided you don't try to out-trade them.
Buying and holding low-cost index funds is one way to beat the "smart money."
Re: J.C. Penney’s troubles are reflected in satellite images of its parking lots
#37Off topic - I recommend this site. Breadth and depth in terms of the article types. And the design is kind of weird, but I do dig it.
This article is basically a couple paragraphs of wikipedia-level explanation and a bogus graph. I wouldn't call it very deep analysis.
Re: J.C. Penney’s troubles are reflected in satellite images of its parking lots
#38yooge crowds, not huge . to all downvoters, just in case you missed, this was a parody on Trump. and pretty good one:)
I think most down-voters are quite aware of the parody. It's just that kind of humor is more apt for Reddit, not HN.
Re: J.C. Penney’s troubles are reflected in satellite images of its parking lots
#39Earlier quoted context omitted.
By the time you've paid for a drone and someone to fly it in each city, you might as well just pay someone minimum wage to drive around photographing the lots from ground level. It'd probably work out cheaper.
That probably wouldn't work for image analysis however, since it would be hard to see all the cars in the lot from ground level.
If you drove a Google Street View-style car up and down a mall parking lot, you'd get a lot of information. I doubt that a more in-depth sweep would cost significantly more to do than to just do a single drive by. The biggest cost would be driving to the parking lot in the first place.
And if you were trying to collect information, you'd be able to get a lot more info from the license plate numbers or the make/models of cars. You could also get information on employment by looking for which cars are parked where, since store employees typically have to park further from the entrance. There's a lot of information that you could get from ground-level that you miss at satellite level.
The real question is - is it worth it?
Re: J.C. Penney’s troubles are reflected in satellite images of its parking lots
#40Is it pure coincidence that the use of satellites to gauge retail traffic was a minor plot point in the [latest episode of Billions](http://www.sho.com/billions/season/2/episode/2)?