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  1. The Sandman

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    psshhh... people have such limited perspectives. Zoom out a little you'll find the REAL upgrade in air travel is flying private. You cut travel times in half easily as you aren't treated like some combo of potential terrorist and livestock. I only got to experience this by working for...
  2. The Sandman

    Sure seems like there's a LOT of money in Non-Profits/NGOs...

    QUESTION 
    I had some sense there was opportunity here when I started the thread. But I had no idea just how corrupt it was! View: https://x.com/KanekoaTheGreat/status/1895576582800228721
  3. The Sandman

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    I was planning to, but then I'd have to pay my lawyer for that which would break the boycott. I'm stuck and don't know what to do.
  4. The Sandman

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    I'm convinced that tying market movements to the news is almost always a fool's errand. The media is even less trustworthy on market actions than they are on politics. Flooding your brain with irrelevant information and false causation claims doesn't help one make good decisions. I placed some...
  5. The Sandman

    The Artificial Intelligence (AI) Random Chat Thread...

    CHAT - AI - 
    https://www.bbc.com/news/articles/clyz6e9edy3o AI cracks superbug problem in two days that took scientists years
  6. The Sandman

    I quit my job and bought a shoe store

    EXECUTION 
    Got my first 1-star review...
  7. review (clean).webp

    review (clean).webp

    • The Sandman
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  8. The Sandman

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Pull up the chart and zoom out. It's barely noticeable on a 1 year chart, much less anything longer. So no, that's nothing close to a big dip.
  9. The Sandman

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    oh sh*t they found me
  10. The Sandman

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Gold is a poor long-term store of value. It is good disaster insurance. BTC is like digital gold in terms of insuring against local currency inflation, but it's also a tremendous growth asset. There is risk of it going to 0, which isn't an issue with gold.
  11. The Sandman

    Building a Manufacturing Conglomerate Progress Thread

    EXECUTION 
    I'd say it really depends on comparing the potential investment against the current debt arrangement. If you have a good growth opportunity that will reliably yield 10x returns then by all means go for it. If it's a bureaucratic "find some place, any place to use this money" situation then...
  12. The Sandman

    The Artificial Intelligence (AI) Random Chat Thread...

    CHAT - AI - 
    IT Unemployment Rises to 5.7% as AI Hits Tech Jobs Artificial intelligence continues to impact the technology labor market “Jobs are being eliminated within the IT function which are routine and mundane, such as reporting, clerical administration,” Janulaitis said. “As they start looking at AI...
  13. The Sandman

    Bitcoin / Cryptocurrency Discussion (And Predictions)

    HOT! CRYPTO CHAT 
    Looks like we might finally be getting the breakdown in bitcoin.
  14. The Sandman

    Stock Market Discussion, Chat About the Latest Market Action

    HOT! CHAT 
  15. 1739826654797.webp

    1739826654797.webp

    • The Sandman
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  16. The Sandman

    How does the Economy Work? Economics Unleashed: Powering Your Business and the World

    CHAT 
    Agreed. Normal folks were held hostage, and we all paid the ransom. Unfortunately, paying ransoms without a thorough reckoning encourages more hostage taking. It's a real dilemma.
  17. The Sandman

    How does the Economy Work? Economics Unleashed: Powering Your Business and the World

    CHAT 
    I'll agree that the 2008 response was effective in terms on softening the economic blow and encouraging a quick bounce-back. But this occurred at the cost of SIGNIFICANT moral hazard, corruption, and cronyism payouts. We did not have effective reforms. The vast majority of those who got rich...
  18. The Sandman

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    2 hours of theory? That's a lot more than basic safety. What did it cover?
  19. The Sandman

    Random Chat, Thoughts, Posts, and/or Rants Thread

    HOT! CHAT 
    Shoes off in my house, but I'm more puzzled by people wearing their slippers out. Not just in the yard to check the mail, but shopping and what not.
  20. The Sandman

    Should I buy this Business?

    INVESTING QUESTION 
    Don't price in any growth potential. That's all potential upside, and while it may be the main reason to give it a shot, current value is based on how the business has actually been doing. And businesses absolutely can be worth less than 0. It can be a bad deal even if they're giving it away...

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