GCA10

35 ms·

331.
by GCA10 9y ago
Yes indeed.
332.
by GCA10 9y ago
There's a Dennis Rodman in every line of work. Just because his NBA career came to a complete end in 2000 didn't stop him from finding one more chance playing basketball in Mexico . . . or the Philippines, etc. Not to mention lin
333.
by GCA10 9y ago
If you've ever held an influential job -- even briefly -- with the No. 1 player in a big industry, there's always someone farther down the pyramid that is willing to give you a second chance, third chance, etc. No matter what got
334.
by GCA10 9y ago
Dan nearly solves his own riddle with possible explanation No. 2: "You don’t need a CS degree to be a developer." He just doesn't spend long enough probing this issue. Majoring in computer science is like majoring in English
335.
by GCA10 9y ago
Excellent point. In fact, that's the sort of short-term thinking that would elicit a scolding from Milton Friedman's ghost.
336.
by GCA10 9y ago
Can't help but think of Deming's famous advice on how to deal with quality issues: "Eliminate the need for inspection on a mass basis by building quality into the product in the first place." If Mark Zuckerberg and his p
337.
by GCA10 9y ago
Champion Roulette Player Loses His Touch
338.
by GCA10 9y ago
What could go wrong?
339.
by GCA10 9y ago
Agreed! It's why immigrants in low-paying, low-skill jobs press so hard for their children to get as much formal education as possible. Even two years of community college is enough to gain more control (and income!)
340.
by GCA10 9y ago
I did some warehouse work as a teenager. I wasn't a number. I was fresh meat in a violent, snide culture where there weren't any coherent processes or data. I'm a tough bloke, so one-armed Wally and angry Floyd did not ruin m
341.
by GCA10 10y ago
I've seen some well-intentioned foundations spin around in circles, burning through a lot of donor money as they adopt and discard naive models about the nature of teen pregnancy, over-fishing, recidivism, educational success and failu
342.
by GCA10 10y ago
Wow! Not sure where all these assumptions came from, but let's try to get back to the simple point of the original post. Financial advisers, at their best, inject common sense and steady judgment into the lives of some highly successfu
343.
by GCA10 10y ago
Funny! Of course, the consequences of poorly assembled furniture are pretty trivial, so Ikea's current laissez-faire attitude towards its customers doesn't ruin society as we know it. (Besides, college grads like me are probably s
344.
by GCA10 10y ago
Actually, we're talking about money companies have ascribed to overseas operations, sometimes because that's actually where they do traditional manufacturing and sales ... and sometimes because they've created the darnedest s
345.
by GCA10 10y ago
Thanks for the extra info. It's almost worth a whole 'nother thread on the pros/cons of the GED and other high-school equivalency programs. Economics Nobel laureate James Hickman has done some big studies here. If I remember
346.
by GCA10 10y ago
Lots of interesting ideas here, but also some wacky or condescending assumptions about other people's lines of work. Let's take two: TRUCK DRIVERS: They don't just move big rigs around. They also need to keep detailed log boo
347.
by GCA10 10y ago
"I do not admit for instance, that a great wrong has been done to the Red Indians of America or the black people of Australia. I do not admit that a wrong has been done to these people by the fact that a stronger race, a higher-grade
348.
by GCA10 10y ago
Most serious illnesses are not contagious. So if sick days were largely a function of how many people came down with the flu, we could analyze both options. But when people are out sick for protracted periods because of pregancy-related com
349.
by GCA10 10y ago
Yes. Short-selling pioneer Bob Wilson nailed the key insight on these situations. They are "manana stocks," Wilson declared, way back in the 1970s. Their valuation is premised on the notion that something wonderful will happen in
350.
by GCA10 10y ago
If forgers can infiltrate 2.5% to 3% of the market, there's no reason for them to stop at such modest levels. Why not try for 30%? We also don't know anything about the volume of forged coins withdrawn from the market each month.
351.
by GCA10 10y ago
Good point. In the do-over category, starting out with a small business that could recalibrate at $500k/iteration instead of $30m/iteration might have helped.
352.
by GCA10 10y ago
This could have been a really smart way to get Medium started a few years ago. The way the site has been built out, though, this will be quite challenging. Right now, Medium is a very noisy site. Noisy in a good way. Lots of energy. Lots of
353.
by GCA10 10y ago
I may be alone on this one, but I'm enchanted by David Rockefeller's long-ago crusade to create an "electronic Rolodex" of the 150,000 people he met in the course of his business career. The dude nearly invented LinkedIn
354.
by GCA10 10y ago
The math still doesn't work. Right now 6% of Uber is worth about $4 billion, if you believe the latest venture valuation. (Make adjustments as you see fit.) If this is litigated until Uber collapses in a heap of dust, Google ends up ow
355.
by GCA10 10y ago
They'd own a broken company. Bear in mind that this sort of litigation can run five to ten years if you let the lawyers on both sides wrestle to their hearts' content. It becomes all consuming. Executives spend much of their time
356.
by GCA10 10y ago
The Oracle/SAP case covered the exact same territory, with allegations of illegal downloads of proprietary software as part of a theft-like scheme. Details are here: http://www.reuters.com/article/us-oracle-sap-se-
357.
by GCA10 10y ago
For all the noise and excitement at the start of these clashes, don't they usually get settled with a licensing agreement that both sides can live with? Sometimes we also see a medium-sized payment (not ruinous) to address the allegedl
358.
by GCA10 10y ago
Richard Petty, the legendary Nascar driver, once said that the secret to winning at Nascar is knowing how to "cheat neat." There's great art in knowing how to rejigger a car that must look like a Toyota Camry, but obviously i
359.
by GCA10 10y ago
Yes. Wall Street provides highly liquid markets to the rest of the world, but when it comes to the way the finance sector's own services are delivered, the pros excel at turning price-efficient markets into cozy cartels.
360.
by GCA10 10y ago
SEC rules say that underwriters (i.e. most of Wall Street) aren't allowed to hype their own handicraft until a suitable number of days have passed. The length of this "quiet period" keeps changing, but according to this artic

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