Earlier quoted context omitted.
If it's fully tax deductible, then you simply don't pay tax on that amount (not reduce your payable tax by that). It saves you about a third of the money, but doesn't make it risk-free.
I was thinking about the EIS scheme. There's some explanation here: http://en.wikipedia.org/wiki/Enterprise_Investment_Scheme I believe the most important part is this: If EIS shares are disposed of at any time at a loss, such loss can be set against the investor's capital gains or his income in the year of disposal. So basically, if you take a loss, you can deduct it against any other gains you have.
He got 1%, we can't hire him
591–594 of 594 posts
Re: He got 1%, we can't hire him
#592Earlier quoted context omitted.
> You appear to be suffering from a misapprehension. Both are studies of the mind. Psychiatrists are psychologists with an M.D. degree. Psychology: http://en.wikipedia.org/wiki/Psychology Quote: "an academic and applied discipline that involves the scientific study of mental functions and behaviors" Psychiatry: http://en.wikipedia.org/wiki/Psychiatry Quote: "the medical specialty devoted to the study, diagnosis, trea…
I would urge you to realise that psychology!=psychotherapy. I hate with the blinding passion of a thousand fiery suns psychotherapy, but I find much (experimental) psychology rather interesting. Seriously, one of the very first things they tell you in a psychology degree (at least in Europe) is that its not about therapy, and in fact that most therapists are not psychologists. The study of the human mind and what is…
You don't need to clarify that, and it lacks any connection with the present topic.
> I find much (experimental) psychology rather interesting.
I would find it much more interesting if it were scientific, if its practitioners crafted and then tested falsifiable theories. But it isn't and they don't.
> But hey, you'll believe what you want to on this one, it doesn't look like I can convince you.
My position isn't based on belief, it is based on evidence. Consider this summary of an investigation into recent egregious and fraudulent psychological research:
http://news.sciencemag.org/people-events/2012/11/final-repor...
Quote: "In their exhaustive final report about the fraud affair that rocked social psychology last year, three investigative panels today collectively find fault with the field itself. They paint an image of a "sloppy" research culture in which some scientists don't understand the essentials of statistics, journal-selected article reviewers encourage researchers to leave unwelcome data out of their papers, and even the most prestigious journals print results that are obviously too good to be true."
Too bad about these academic experts and their "beliefs" about psychological research.
Incidents like the above explains why the director of the NIMH has recently decided to abandon the DSM, psychiatry and psychology's central authority, as unscientific and of no research value:
http://www.nimh.nih.gov/about/director/2013/transforming-dia...
Quote: "While DSM has been described as a “Bible” for the field, it is, at best, a dictionary, creating a set of labels and defining each. The strength of each of the editions of DSM has been “reliability” – each edition has ensured that clinicians use the same terms in the same ways. The weakness is its lack of validity."
Too bad about the NIMH director's "beliefs".
> Have you read any of the work of Daniel Kahneman? Thats what I would consider as psychology (even if his System One and Two stuff is a dirty hack that provides little useful insight to the field).
Hmm -- it seems you are now making my argument for me.
Why do I care? Why am I critical of psychology but give sociology a pass? Sociologists don't have clinics in which they tell you how sick you are, using disease definitions they voted into existence.
Re: He got 1%, we can't hire him
#593Earlier quoted context omitted.
Can you spot the person who interviews well, but is a skilled sociopath who will destroy the morale of your team, causing other skilled talent to leave? That's the value of these tests ( when properly applied ): They allow an evaluator to make statistically accurate predictions of specific types of behavior. The key is the two words: statistically and specific. A single composite score will not tell you anything, but…
> there's a 68% chance that the person you're about to hire is a schizophrenic kleptomaniac Sorry, I don't believe "psychometric tests" can do that either. At least not at the level that we're talking about: distinguishing an otherwise qualified person from someone who's got some sort of psychopathology.
Re: He got 1%, we can't hire him
#594Earlier quoted context omitted.
Can you spot the person who interviews well, but is a skilled sociopath who will destroy the morale of your team, causing other skilled talent to leave? That's the value of these tests ( when properly applied ): They allow an evaluator to make statistically accurate predictions of specific types of behavior. The key is the two words: statistically and specific. A single composite score will not tell you anything, but…
You can't catch psychopaths using tests like these. The whole point of being a psychopaths is that you can change the perception of your personality at will. So what your letting in is a subgroup of people who pass, and psychopaths.