andrewlgood

9 ms·

31.
by andrewlgood 1y ago
No. That is why you have auditors who must sign off on your financial books and records. There are fairly strict rules about capitalization of software development. If it is a meaningful number for your firm, then the auditors will revie
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by andrewlgood 1y ago
You are actually pointing out the difference between physical assets and intangible assets. Mailing lists are the classic example of an intangible asset. Trademarks as well. For clarity, the argument is that a firm could sell the softwar
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by andrewlgood 1y ago
There is an analogous set of rules for things like farm equipment. It is called accelerated depreciation and the government has used it for decades to increase incentives for purchasing capital equipment. Because software development did n
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by andrewlgood 1y ago
This has already been done in the hardware space for decades. Periodically the government will want to incentivize the purchase of capital equipment, including computer hardware, and will offer accelerated depreciation. Fully expensing th
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by andrewlgood 1y ago
Some firms use proprietary software to run their business. The development costs of that development may be eligible to be capitalized under Section 174. The idea is to make it similar to if they simply bought software off the shelf which
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by andrewlgood 1y ago
Do not think that is correct. The original accelerated depreciation is simply not being renewed.
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by andrewlgood 1y ago
I think you are confusing the use case. If a business pays employees to build a residential home for $275k and the land cost $0, they don’t deduct anything. Assume they sell the home for $350k. They then have a cost of sale of $275k so t
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by andrewlgood 1y ago
I think people are missing the actual process used by Finance teams relating to this issue. I am a former CFO and spent a fair amount of time with this issue in my last role. The firm had a significant amount of software engineering expen
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by andrewlgood 2y ago
Sorry to hear the distress. As an MIT alum, I can say the most important thing I learned was not the material for major, but how to think - how to approach problems, break them down, and develop creative solutions. These skills will serve
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by andrewlgood 2y ago
Hmm.. I think we are talking past each other. In my initial comment I said "I do disagree with your assertion that “Life is much harder for some of us.” I still maintain that comment. In my follow up comment I attempted to clarify my
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by andrewlgood 2y ago
Interestingly, I have never had a job description that actually said "make sure they are getting the experiences they need to build a better career, hire the right people to complement the team, fight for bonuses and pay raises."
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by andrewlgood 2y ago
My recollection is a very high percentage. Not clear what the alternative is. No action plans to help people improve their performance? Action plans also helped people understand their situation and allowed them to find other jobs while
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by andrewlgood 2y ago
I never said people choose disabilities. I tried to point out there are other life changing issues that can affect a person that they also did not choose. As for starting a family, I agree not all can. My mistake was jumping from their as
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by andrewlgood 2y ago
I actually agreed with them that a disability makes life harder. I then pointed out other things that an individual did not choose can make life harder as well. As for bringing up children, I did make the leap that that is generally a big
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by andrewlgood 2y ago
Great point
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by andrewlgood 2y ago
How do you know I have good health? What an incredibly smug comment meant to silence someone with no basis in fact.
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by andrewlgood 2y ago
Actually, I am not young. I just retired and have been thinking about my life, career, etc. I do not have a disability (my wife may disagree) and I agree it makes life more challenging (wouldn’t be called a disability otherwise). I also
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by andrewlgood 2y ago
Agreed. Shouldn’t employees behave/feel the same way?
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by andrewlgood 2y ago
Unfortunate click bait title for such an important topic. The various metrics quoted of why companies without layoffs appear to do better do not address the idea of underlying causes such as companies doing better do need mass layoffs whil
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by andrewlgood 2y ago
> But the ones being discussed in the article are the consistent ones. I worked at GE when Jack Welch was there. First of all we never had a systematic firing of the bottom 10%. That is a myth. We ranked everyone each year and clearly
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by andrewlgood 2y ago
How is this different than the manager who has spent years developing an employee - making sure they are getting the experiences they need to build a better career, hiring the right people to complement the team, fighting for bonuses and pa
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by andrewlgood 2y ago
I understand the trade offs you mention. I do disagree with your assertion that “Life is much harder for some of us.” You have chosen a different payoff - your family, certainty of health insurance, etc. You get the benefits that children
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by andrewlgood 2y ago
People hallucinate as well
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by andrewlgood 2y ago
I must confess this does not seem to be a problem to me. Private insurance is not meant to be a welfare product. It is meant to be a risk transfer. In a competitive market the expected value should be slightly negative to the consumer as
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by andrewlgood 2y ago
IMHO, there are career conversations you can and should have with your boss and job change discussions you should not. A good manager should help you improve your resume and every year. They should discuss where you want to go with your c
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by andrewlgood 2y ago
I am near the end of my career and have mentored many people along the way. I have also had several mentors. Mentors can be incredibly helpful and provide a genuine advantage to their mentees. I think it is very important to understand w
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by andrewlgood 3y ago
I agree with your assessment re this being similar to fiverr/upwork. I do think the economics can work for tutors that generate high credibility/success ratings. Codementor.io focuses on providing programming mentors to help peo
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by andrewlgood 3y ago
I am always curious regarding new education solutions. I firmly believe the US pre-college education systems are fundamentally broken most benefit from edtech (huge fan of Khan Academy). As an MIT alum myself ('89), I am surprised to
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by andrewlgood 3y ago
This is what Malcolm Gladwell wrote about in his book, Outliers. His examples are more insidious as they can happen based on non-success based criteria such as birth dates.
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by andrewlgood 3y ago
I loved the series the first time through. Great concepts. First use of “dark forest” that I am aware of. Very specific arc of what could happen in the deep future. I went to read it a second time and found I simply could not get through

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