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prklmn

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Do you want this person to mount a full blast investigation on their own? Most banks are mostly interchangeable nowadays unless you live in a small town and there’s only one bank you must use because you’re transacting with cash. They pay nearly zero interest, and they treat their customers like trash with monthly fees galore.

Casper Sleep S-1 7 years ago

Not from what I’ve seen. There is a sample you can push your hand into, but certainly it’s not big enough to properly try out.

You compare hip replacement quality by asking what the center's/surgeons complication rate is. How many are they having to go back and redo, a revision as they call it. It would be nice if these rates were publicly accessible in a easy to search database. As it stands now, hospitals market themselves on size, volume, and fancy buildings all of which don't mean much compared to complication rates.

Think about inventory holding costs. Not only do you have capital tied up in that product in the warehouse, but you also have the opportunity cost of not being able to stock something else to sell.

And to your car dealership point - the way it works for GM at least is that GM sets sales goals for their dealers. Dealer X's monthly sales target is 75 vehicles. They will happily sell lets say vehicles 73, 74, and 75 on August 31st to get their $20k bonus for the month of August. They might not be misrepresenting their supposed price like you think. Also, the same concept of inventory holding costs applies really well for car dealers. It's purely an inventory turnover business. If your lot is full of fusions and you can sell 2 f150s in the time that you can sell 1 fusion at similar profit, you're going to want to get those fusions off the lot potentially at a loss so you can sell more f150s.

Extremely strong leaders are rare.

That’s what a Fortune 500 CEO would have you believe. There are over a billion English speakers in the world and you don’t think there are at least thousands of people (who aren’t already overpaid CEOs) that could be doing a better job than Iger, or any given Fortune 500 CEO for that matter?

What do the CEOs who fail and the CEOs who succeed have in common? They're both incredibly overpaid. The question should not be is Bob Iger worth X/year?

The question should be could he be paid a fraction of what he is in reality and do an equally good a job? Or could somebody else do an equally good a job as Bob for a fraction of the cost? The answer is almost always yes to both questions, and it applies to all companies not just Disney.

Slack S-1 7 years ago

The S&P 500 by itself is valued at almost $24T (https://ycharts.com/indicators/sandp_500_market_cap).

A couple large companies going public and raising several billion dollars will not make the market crash. All of them listing at once is a symptom of where we are in the economic cycle, and where these companies are in their individual growth curves.

Nikkei said that Panasonic “froze” a decision to put an additional $900 million to $1.35 billion of investment into the Nevada Gigafactory in a bid to “reduce its dependence on the automaker.” Tesla is Panasonic’s biggest customer for electric vehicle batteries, and the Japanese battery maker had already suffered millions in losses due to the slower-than-expected ramp-up of Model 3 production.

https://www.theverge.com/2019/4/11/18305976/tesla-panasonic-...

You’re right about the ease of switching. I think buying a wholesale club membership card is more analogous. You could buy a Costco card and a sam’s club card if you wanted, but there’s likely not many people who do. People actually prefer the shopping process at Costco for example, and they pay a yearly fee for it, just as people like the shopping/app purchasing experience on an iPhone, and they paid a substantial amount of money for the phone.