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Joined 4 years ago
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Cake day: October 7th, 2020

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  • The concept of “profit” is a weird thing. Its also a term that seems to have different meanings depending on context. Like, it absolutely won’t surprise me if there’s a “Marxian” definition of profit that doesn’t equate to a Business School 101 definition of profit that doesn’t equate to a Farmers Market vendor’s use of the term profit.

    Until some quantity of capital is removed from a business, its not technically profit. But people will also view any value over the costs of selling something as profit, even if there are future costs that the current surplus could be used to to pay for.

    So lets say that I have a small orchard and sell apples after the harvest. I’ve spent the year keeping track of expenses so I know how much “in the hole” I am. Harvest seasons comes around and I have apples to sell. If I compare sales revenue with my past expenses, for a while the revenue is less than my expenses. At some point, I hit the break even point where revenue and expenses are equal. If things are going decently, sales will continue until revenue will be greater than expenses.

    From one perspective I didn’t make any profit at all, because I haven’t taken any of the revenue out of the “business”. From another perspective, I didn’t make profit until revenue exceeded the break even point (even though I didn’t remove capital). If I were to take money out of the business, spend it somewhere else, and find that my business had future expenses that coulda/shoulda been paid with the money that I took out of the business… “I, as the owner”, realized profit (by removing capital from the business) but the business didn’t make a profit (because the removed capital could have been used to continue funding business operations.)

    So I guess this rambling is just a reminder to pay attention to the context that the term “profit” is being used as it will help to reduce confusion.


  • Is that photo weird or is that hallway something like 2.5 feet wide? I was expecting a photo of, like, a 6 foot wide hallway and it just looked a bit cluttered but still completely easy to move through.

    I can understand all the people currently living on the floor coming a tacit agreement or accepting the situation but … mmaaayyybbeee … the cyclist could be planning for a better way to store their bikes. One of the text back-and-forths mentions that another cyclist doesn’t use their bike as they cannot move their bike freely down the hallway without banging into the hallway-parked-bikes.

    And yeah, what happens as people move in/out and their situation doesn’t allow them to be as accepting of the current situation the previous neighbors went along with? If the person using the very narrow hallways as a parking spot isn’t able to work around their current neighbor(s) asking them to rethink how they are using the communal space, I highly doubt they’d be any more flexible with a neighbor who is brand new and a complete stranger.

    Also this text from the person parking in the hallway…

    the only place of open wall in my apartment i in the narrow hallway I can’t put a rack on my wall there without literally blocking the hallway in my apartment.

    … is a bit priceless.

    Also also…

    …I’m frankly frustrated that someone’s who’s been living here shorter than anyone else is asking me to do something…

    Which I hadn’t read until after I commented about “what they gonna do when somebody new moves in and asks for the situation to be renegotiated”…











  • Depends on the store.

    Your non chain store that has a loyalty program, probably doesn’t have the interest or capital to pay some third party to manage the data collection and analysis to try to direct market things to you.

    Worked at a co-op grocery store for a while. The “owners” could use their owner number to keep track of their purchases to count towards their patronage refund amount and it also allowed some limited ability to look at full transaction information to deal with misrings, returns without recipts, etc. in the decade that I worked there, there was no effort or interest (even though the people running the coop at the highest level were definitely “business goober” types) to try to use the info for direct marketing or to sell to a data broker.


  • Second paragraph…

    A former top U.S. commander and a senior [defense] analyst with deep ties to Ukraine both say no one should be quick to draw hasty conclusions from the events of the past two weeks.

    heh.

    In his nightly address on Sunday, Ukrainian President Volodymyr Zelenskyy said his country’s daring military incursion aims to create a buffer zone to prevent further attacks by Moscow across the border.

    If you can’t keep your own territory, you’re not actually creating a buffer zone.

    The first assumption demolished by this operation was that Ukraine wouldn’t be able to regain the initiative until next year.

    Huh? Ukraine is currently in a holding position within its own country, throwing a bunch of troops at a bunch of small towns in Russia and claiming it as a strategic victory is right up there with the US military in Afghanistan parking a platoon of grunts in an empty house every 20 miles and coloring in the map of Afghanistan with the “secured” color on their PowerPoint presentations.

    Some observers have speculated that Ukraine was trying to draw Russian troops away from the Donbas to relieve pressure on its forces there.

    This is a reasonable assessment of the Ukraine gamble…

    If that was the case, Karber said, the gamble “really hasn’t paid off” and he fears the Ukrainians will soon face a determined counterattack on one or both of the shoulders of the salient.

    … and Ukraine seems to have lost their bet.

    “I think that it’s been clear for some time that Russia does not have the ability to knock Ukraine out of the war as long as the West continues to provide even the modest amounts that we are providing now.”

    blinken Or we can phrase it slightly differently as, “to the last Ukranian.”

    “It seems like they’re just trying to do more and more of the same, and certainly they will have lost thousands of experienced troops and leaders that are now being replaced by those who are not as well trained or experienced. Where is the bottom of that barrel for Russia?”

    Where is the bottom of the barrel for Ukraine? So long as open warfare is happening, untrained troops are going to have “opportunities” to get experience. Until there aren’t any more bodies to throw into the meat grinder, nobody is going to see the bottom of the barrel.