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McDonald's Real Estate: How They Really Make Their Money (2015)

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Re: McDonald's Real Estate: How They Really Make Their Money (2015)

#181

Post by djrogers »

lbsnake7 wrote: post #35

This is somewhat false. McDonalds amassed all of this real estate during the normal course of doing its main business. It would be like saying Walmart is in the shelf business because they have a lot of shelves. If amassing large amounts of real estate is the end goal, selling burgers for 50 years is probably not the best way to do it. I think McDonalds fears that if it spins off its real estate holdings, those prope…

You're missing the point - they make most of their profit from rent, not burgers.

Re: McDonald's Real Estate: How They Really Make Their Money (2015)

#183

Post by msie »

Diamons wrote: post #49
pitt1980 wrote: post #26

Earlier quoted context omitted.

you might enjoy: https://www.goodreads.com/author_blog_posts/2484147-lessons-... from Ed Weissman (who's #6 in overall karma on HN)

Enjoyed the read overall but one line stuck out: "- I take one bite out of my cold Big Mac and eat one cold fries and throw it all out." You have to be a special kind of asshole to throw away meat and food instead of just saying the food is cold.

Wow, look at all the responses and downvotes. More privileged assholes with money to burn feel it's fine to spend $10 on a meal and just throw it away. Just because there is so must waste doesn't mean that you have to behave like you don't know the value of money.

Re: McDonald's Real Estate: How They Really Make Their Money (2015)

#184

Post by msie »

linkregister wrote: post #65
Diamons wrote: post #49

Earlier quoted context omitted.

Enjoyed the read overall but one line stuck out: "- I take one bite out of my cold Big Mac and eat one cold fries and throw it all out." You have to be a special kind of asshole to throw away meat and food instead of just saying the food is cold.

You might not want to visit a farm, processing plant, warehouse, grocery store, or restaurant. They all throw away enormous amounts of food. Throwing away a Big Mac because it got too cold is a rounding error in perspective. That said, we produce more food than we ever have. Is there a difference to starving people whether a grain of wheat went ungrown or was wasted? What was the author meant to do, walk the hamburge…

Well, I guess I should give up on recycling and get a gas-guzzling car because doing my share isn't going to make a difference. Maybe I should rob a bank because banks are being robbed everyday. The author could have saved it for later or heated it in a microwave because he spent good money for it.

Re: McDonald's Real Estate: How They Really Make Their Money (2015)

#185

Post by badestrand »

giarc wrote: post #161
pscoutou wrote: post #153

Earlier quoted context omitted.

"If any of my competitors were drowning, I'd stick a hose in their mouth and turn on the water. It is ridiculous to call this an industry. This is not. This is rat eat rat, dog eat dog. I'll kill 'em, and I'm going to kill 'em before they kill me. You're talking about the American way - of survival of the fittest." - Ray Kroc

The language is obviously graphic, but what he's describing is what every company would do. Why would they help a competitor? They have a responsibility to the shareholder to grow the business.

Well, entrepreneurs are humans, not robots, and humans have this instinct to help each other. At least here in Germany I hear from time to time about (SME) businesses helping their competitors.

Re: McDonald's Real Estate: How They Really Make Their Money (2015)

#186

Post by msie »

comboy wrote: post #81
msie wrote: post #60

Earlier quoted context omitted.

Seems disrespectful to poor, starving people.

With this kind of logic, flushing your toilet is disrespectful to people in Africa with limited access to drinkable water.

Well, it is. So don't be wasting water unnecessarily. If you spent time and money eating at McDonald's why would you throw it away? Our society wastes a lot for sure so try not to. Don't go to McDonald's in the first place.

Re: McDonald's Real Estate: How They Really Make Their Money (2015)

#187

Post by msie »

komali2 wrote: post #99
msie wrote: post #60

Earlier quoted context omitted.

Seems disrespectful to poor, starving people.

Respectful sure, but I could argue I'm disrespectful to the world's poor every time I light a joint, kick back on my couch, pig out on taco Bell, and watch Vikings in my air conditioned condo.

Not the same. You are not throwing out your Taco Bell after the first bite.

Re: McDonald's Real Estate: How They Really Make Their Money (2015)

#188

Post by PhasmaFelis »

Diamons wrote: post #49
pitt1980 wrote: post #26

Earlier quoted context omitted.

you might enjoy: https://www.goodreads.com/author_blog_posts/2484147-lessons-... from Ed Weissman (who's #6 in overall karma on HN)

Enjoyed the read overall but one line stuck out: "- I take one bite out of my cold Big Mac and eat one cold fries and throw it all out." You have to be a special kind of asshole to throw away meat and food instead of just saying the food is cold.

What do you think they'll do with it if you complain that it's cold? If you don't want it, it's getting tossed either way.

"Eat your peas, there are starving children in Africa" only makes sense if there's a ready means to get your peas to the starving children. If the choices are eating food you don't want or throwing it away, it's wasted either way. Eating it isn't the superior moral option; it doesn't accomplish anything but making you fat.

Re: McDonald's Real Estate: How They Really Make Their Money (2015)

#189

Post by PhasmaFelis »

Diamons wrote: post #49
pitt1980 wrote: post #26

Earlier quoted context omitted.

you might enjoy: https://www.goodreads.com/author_blog_posts/2484147-lessons-... from Ed Weissman (who's #6 in overall karma on HN)

Enjoyed the read overall but one line stuck out: "- I take one bite out of my cold Big Mac and eat one cold fries and throw it all out." You have to be a special kind of asshole to throw away meat and food instead of just saying the food is cold.

What do you think they'll do with it if you complain that it's cold? If you don't want it, it's getting tossed either way.

"Eat your peas, there are starving children in Africa" only makes sense if there's a ready means to get your peas to the starving children. If the choices are eating food you don't want or throwing it away, eating it doesn't accomplish anything but making you fat. It's not a superior moral option.

Re: McDonald's Real Estate: How They Really Make Their Money (2015)

#190

Post by msie »

linkregister wrote: post #71
msie wrote: post #60

Earlier quoted context omitted.

Seems disrespectful to poor, starving people.

1. 40% of food in the U.S. is discarded. https://www.nrdc.org/sites/default/files/wasted-food-IP.pdf 2. Much food is never harvested. A large portion of it is also never taken to market due to blemishes. http://californiawatch.org/health-and-welfare/food-waste-rem... 3. Supermarkets discard about 1/3 of their food due to spoilage, blemishes, and overripeness. http://www.npr.org/sections/thesalt/2014/09/25/351495274/s…

I'm puzzled by your response. You list some stats about waste and that justifies what the guy is doing? Of course it's probably hyperbole but people are working hard to defend this guy's statement.
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