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Why nobody ever wins the car at the mall

thehustle.co

451–460 of 471 posts

Re: Why nobody ever wins the car at the mall

#451
post #250

Earlier quoted context omitted.

Terms like “Super Bowl” and “World Series” are trademarked, so advertisers use phrases like “the Big Game” or “baseball final championship series”, in this case, to avoid a lawsuit.

You can also run a really superb, owl themed event. https://www.reddit.com/r/Superbowl/

This is awesome! Thanks for sharing. I’m sure to reference this next season.

Re: Why nobody ever wins the car at the mall

#452
post #381

Earlier quoted context omitted.

Ultimate hypocrisy is that their profit model is probably built around reselling their email list.

We do not make money from reselling people's email.

Do you use your email list to send third party promotional content?

Re: Why nobody ever wins the car at the mall

#453
post #384

Earlier quoted context omitted.

Do you have any arguments to convince an employer to buy Cherry MX Brown (style) keyboards, instead of <15$ flimsy, flat membrane ones?

Im worried about the health of the company if it can't afford a slightly more expensive keyboard that will last years and make me more productive. If that is a big ticket item I would wonder if they are in serious trouble or it's just a shitty place to work for. A managers response to a request like that should be "here's the corporate card" or "submit the receipt for reimbursement"

No, it's more related to the manager/boss not understanding the value of a good keyboard. I asked about how to convince the employer of the value. The employer can certainly afford it, but he needs to understand why it's a good investment.

Re: Why nobody ever wins the car at the mall

#454
post #397
post #384

Earlier quoted context omitted.

Do you have any arguments to convince an employer to buy Cherry MX Brown (style) keyboards, instead of <15$ flimsy, flat membrane ones?

I feel like it's much less effort to just bring your own. If you're into mechanical keyboards I'm willing to bet you have an old one lying around. Especially since the preference for keys is so personal.

Yeah, I wish, though the only nice full-size keyboard I have laying around is a Sidewinder X4, which is out of production and about half as tactile as the Chinese-made MX brown clones in the AnnePro.

The value proposition for me doesn't really exist enough to spend out-of-pocket though. Mostly due to not reaping the benefits from increased efficiency.

Re: Why nobody ever wins the car at the mall

#455

Earlier quoted context omitted.

If the unit has been chopped up such that all 52 weeks of the share have been sold, then a combination of people will be paying $100 per week of ownership, every month. Your share of the monthly maintenance is allocated by the number of weeks you "own". You aren't just paying maintenance for the week that belongs to you. Original calculation of $62400 is correct. Part of the scam is obfuscating from you the true cost…

As much as I hate all the block chain hype, I could see smart contacts facilitating this kind of coordination. I guess there would still be a discoverability problem, not to mention the very significant risk of putting your money into a scam.

I'm not up to speed on the mathematics, but a matchmaking algorithm that keeps preference data secret until all participants in a trade web commit to a deal that satisfies at least one of those preferences could drive a lot of middlemen and scam-like businesses out of the market.

For instance, you might find an algorithmic pickle agent in the network, and tell it that you could eat one big jar of crisp dill cucumber pickles every two weeks if it costs less than 8 money units, delivered to your door, or one per week if it costs less than 3 money units, committing some number of money units greater than 8 to back a promise to buy at those prices. A small-time pickle-making farmer might tell the agent that they can ship at most 500 jars a week, as long as they get at least 2 money units per jar, or as many as 800 if they can get 4 per jar (cost of hiring a dedicated packer, perhaps). The pickle agent consults with a commodity shipping agent, calculates a billion different ways to move pickles from suppliers to consumers, and then starts moving money and pickles around. Everyone who promised to buy at a certain price is guaranteed to get the goods at that or a lower price, and everyone who promised to sell at a certain price is guaranteed to ship the goods at that or a higher price. The shippers get their fee for moving a package from point A to point B. The agents take their cut to pay for their computation, and for insurance against failed shipments or bad pickles. The system would also need to include distributor/importer/resellers, because some trades just aren't possible unless you pack a whole pallet of pickles, or a whole truckload/shipping container, and break that out for individual orders closer to the consumers.

That's all technically possible with smart contracts, as far as I know, but it would require a huge amount of programming effort to even get the basics correct. And Wal-Mart already has their supply chain, inventory, and distribution software in place.

Re: Why nobody ever wins the car at the mall

#456

Earlier quoted context omitted.

I think just call back on one of their listed numbers and explain.

It seems so obvious now you've pointed it out. I do like to over complicate things.

Chances are they wouldn't have been able to make the cross reference anyway, different departments etc.

Re: Why nobody ever wins the car at the mall

#458
post #335

Earlier quoted context omitted.

The conclusion of the podcast was "If you spend $800 you're probably safe, below that it's hard to know if it's good or awful. Above $1500 is too much."

Considering Marriott/Hilton/IHG requires their hotels to use a 10 year warrantied mattress that only costs $250-$300 each, I'd say even $800 is too high. Even though that's wholesale price, doubling should be enough to get a single unit price. People would be better off investing in some HIIT cardio excercise if they're looking for a good night's sleep. And eating less / more nutritious food.

The extra $300 is what you pay for going with a reputable brand, because unlike Marriott, you don't have the time to figure out which off-brand mattresses are crap and which aren't.

Re: Why nobody ever wins the car at the mall

#459

Earlier quoted context omitted.

It's always intriguing to see these things, and how some prey on basic math skills. My girlfriend's mother dragged us to see a presentation associated with one of the "Flipping" TV shows. They, of course, wanted to invite you into their program. It was "hugely successful". How successful? "We've funded $100MM of house purchases for our members! We have nearly 8,000 members across the country!" Well, $100MM in support…

Just curious, but what happens when you prove you can do math? What happens when you start helping others there do math?

Maybe a little hyperbolic, but I noticed a couple of people talking with the staff, and I got a dirty look or two from them, and then, apparently (since I'd left), they "wanted to address concerns", and that those people were only suffering "insufficient motivation".

I don't know, selling 8,000 people $5,000 weekend seminars seems a better way to make $40M than trying to flip $100M of houses...

Re: Why nobody ever wins the car at the mall

#460
post #439
post #319

Earlier quoted context omitted.

Yup: https://en.wikipedia.org/wiki/Play_for_a_Billion

> insure the payout for a US$10 million premium. wouldn't actually giving out the $11mi to the consumer, or picking 10 consumers, create more brand awareness than promising $1bi that nobody can get?

What makes you think that nobody can get the billion?

Insurance policies require you to pay a certain amount guaranteed, then pay back a much larger amount if something unlikely happens. So Pepsi had to pay $10 million. If the right thing happened during the game then Berkshire Hathaway would have paid a billion, and some lucky consumer would have walked away a newly minted billionaire.

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