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How does the Economy Work? Economics Unleashed: Powering Your Business and the World
CHATI'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...- The Sandman
- Post #12
- Forum: General Business Discussion
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHAT2 hours of theory? That's a lot more than basic safety. What did it cover?- The Sandman
- Post #24,337
- Forum: Off-Topic Threads
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATShoes 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.- The Sandman
- Post #24,306
- Forum: Off-Topic Threads
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Should I buy this Business?
INVESTING QUESTIONDon'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...- The Sandman
- Post #14
- Forum: General Business Discussion
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The Artificial Intelligence (AI) Random Chat Thread...
CHAT - AI -It is a transformative revolution, and much bigger than transportation. Revolutions are always disruptive. The Agricultural, Industrial, Technological, and Information revolutions were all very disruptive and made many jobs obsolete. But they absolutely provided major increases on overall...- The Sandman
- Post #181
- Forum: AI News, Trends, Industry, Futurecasting...
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The Artificial Intelligence (AI) Random Chat Thread...
CHAT - AI -View: https://x.com/JeremyDBoreing/status/1887609484727529627- The Sandman
- Post #168
- Forum: AI News, Trends, Industry, Futurecasting...
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Should I buy this Business?
INVESTING QUESTIONSellers always try to add them together, but it's really an either/or. Pour over the financials and make sure they make sense. 1x seems about right, depending on how much work you'll need to put in. Make sure it'll be worth your time and you aren't buying a low-paying job.- The Sandman
- Post #4
- Forum: General Business Discussion
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Should I buy this Business?
INVESTING QUESTIONPrice? Every investment depends on price.- The Sandman
- Post #2
- Forum: General Business Discussion
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATJust like most truly beautiful women don't try to look hot. It brings too much unwanted attention when you're already getting more than you want.- The Sandman
- Post #24,283
- Forum: Off-Topic Threads
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATKids today view $1 like I view a nickle. Guess I'm an old fart at not even 50.- The Sandman
- Post #24,282
- Forum: Off-Topic Threads
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Chemical supplies service business opportunity
IDEASounds like a fantastic opportunity. Do it.- The Sandman
- Post #5
- Forum: General Business Discussion
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The Artificial Intelligence (AI) Random Chat Thread...
CHAT - AI -Seems like the solution is to not radicalize and program the average idiot citizen. "Regulating the tools, not the people" policies has lead to the UK putting in extreme knife controls to the point where it's hard to buy a basic kitchen knife. And they still had 50,000 stabbings last year. AI...- The Sandman
- Post #143
- Forum: AI News, Trends, Industry, Futurecasting...
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATMost of this simply comes down to the science. Bioelectric impedance analysis correlates with body fat percentage but has poor predictive value. It simply isn't a precise method of measurement. The best ones take reading through both the feet and the hands. Using just feet or just hands...- The Sandman
- Post #24,267
- Forum: Off-Topic Threads
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATFacts. It's a well-proven, basic economic principle that if something costs more/pays less people will consume/do it less, and if its cheaper/pays more people will consume more/do it more. It's silly that this is controversial. People like to say alcohol prohibition "didn't work," but if you...- The Sandman
- Post #24,219
- Forum: Off-Topic Threads
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHATThis. Laws and regulations have created many imbalanced systems. Government is simply too slow to respond to new information, and laws tend to drastically shut down information gathering. We have MANY "lifestyle" ills in our society. Bad food is just one of them.- The Sandman
- Post #24,191
- Forum: Off-Topic Threads
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHAT@MJ DeMarco please remove if this is too political. I know it's pushing it but I want to highlight how much impact just a few smart, motivated people can have when they "follow the money." SO MUCH business success comes down to effectively "following the money," as you point out in TMFL. People...- The Sandman
- Post #24,153
- Forum: Off-Topic Threads
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Random Chat, Thoughts, Posts, and/or Rants Thread
HOT! CHAT- The Sandman
- Post #24,117
- Forum: Off-Topic Threads
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1738511269525.webp
- The Sandman
- Media item
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- Category: User Media Uploads
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"95% of all new businesses fail!" Why it is utter BS.
ASSERTIONGood point. Should also add that in most cases these stats define "fail" as "close down." Many businesses open, make good money, and then shut down.- The Sandman
- Post #3
- Forum: Mindset and Self-Development
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The Most Successful People Take A "Think Day". Here's How It Could Change Your Life
NEWS"Thus the heaven and the earth were finished, and all their array. By the seventh day God completed His work which He had done, and He abstained on the seventh day from all His work which He had done. God blessed the seventh day and sanctified it because on it He abstained from all His work...- The Sandman
- Post #2
- Forum: General Business Discussion
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