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Interesting thought. Can you provide any historical examples of this?
The Dictator's Handbook talks about this in good details. Recommended read, especially in today's world political climate.
The brewing trade war can't make running the company easy for Ma, considering Alibaba does more volume than eBay and Amazon combined as a portal to Chinese manufacturers. Taking into account that the company's listed on a US stock exchange yet still has to answer to government regulation back in China, I can't imagine he's having a good time being caught in the middle.
https://brontecapital.blogspot.com/2015/10/alibaba-yeah-righ...
https://brontecapital.blogspot.com/2015/09/job-interview-que...
BTW, AFAIK Ma seperated Alipay from the Alibaba entity.
Odds of a financial scandal in the next year?
The brewing trade war can't make running the company easy for Ma, considering Alibaba does more volume than eBay and Amazon combined as a portal to Chinese manufacturers. Taking into account that the company's listed on a US stock exchange yet still has to answer to government regulation back in China, I can't imagine he's having a good time being caught in the middle.
Well that and he hasn't been running the company for a while. He stepped down as CEO in 2013. This is very similar to Bill Gates leaving Microsoft (who Ma has actually mentioned as an influence).
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No, in fact my coworkers and I use the term "orthogonal", which is synonymous with perpendicular, to mean two uncorrelated things. It's a statistics term.
Orthogonal is from linear algebra or geometry, a generalization of perpendicular. Perpendicular implies only two dimensions. I'd expect George P. to remember that from the dozens of PhDs.
>Among China’s biggest companies, Alibaba is viewed as one of the firms with the deepest ranks of management talent. Claim going perpendicular to experience of every Alibaba employee I met. A person who was singlehandedly running both business development and operations for all of Aliexpress has left the company after 5 years without a promotion. The co has a reputation for squeezing work enthusiasm out from even mos…
>Claim going perpendicular to experience of every Alibaba employee I met. Probably opposite , not perpendicular then :)
https://www.cnbc.com/2018/01/30/jack-ma-dont-fear-making-mis...
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Portions of the US are worse off. It's still easily the case that the standard of living has increased for most people.
Does the average American born after 1990 have more house or a better retirement plan than their parents? There's luxuries like smartphones that have increased but the basics have been slipping out of more and more people's hands
No, but their parents had longer to save. The average person born in 1990 has a higher average real wage than their parents did. Given the novelty of college debt, it’s difficult to say much more, but mean statistics point to a wealthier American population at all levels today than any time before. The issue is the rich have gotten richer faster, not that the poor are getting poorer.
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Does the average American born after 1990 have more house or a better retirement plan than their parents? There's luxuries like smartphones that have increased but the basics have been slipping out of more and more people's hands
> Does the average American born after 1990 have more house or a better retirement plan than their parents? No, but their parents had longer to save. The average person born in 1990 has a higher average real wage than their parents did. Given the novelty of college debt, it’s difficult to say much more, but mean statistics point to a wealthier American population at all levels today than any time before. The issue is…
Mean, yes, median, less so.
> but mean statistics point to a wealthier American population at all levels today than any time before.
“mean statistics” don't tell you anything about “at all levels”, and are misleading because of the increasing top-heaviness of the distribution.
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> Does the average American born after 1990 have more house or a better retirement plan than their parents? No, but their parents had longer to save. The average person born in 1990 has a higher average real wage than their parents did. Given the novelty of college debt, it’s difficult to say much more, but mean statistics point to a wealthier American population at all levels today than any time before. The issue is…
> The average person born in 1990 has a higher average real wage than their parents did Mean, yes, median, less so. > but mean statistics point to a wealthier American population at all levels today than any time before. “mean statistics” don't tell you anything about “at all levels”, and are misleading because of the increasing top-heaviness of the distribution.
Median quite so [1]. Every class of American is getting richer, just not as fast as the ultra-rich.