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Everything posted by Liberty
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Except Pampered Chef, right? ? If they use the same practices as other MLMs described in the piece, they need to go too. But I really don't know them or their practices, so I can't say for sure.
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http://www.cnbc.com/2016/11/07/campaign-manager-on-trump-charity-donations-ive-seen-him-write-checks.html Apparently Trump running for president is a huge sacrifice for him, even a kind of charitable donation, according to the man's campaign manager. Strange that charities aren't finding these checks. Maybe he writes them and keeps them in a drawer somewhere... ::)
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3 Rules for Rulers (CGP Grey video, 19 minutes)
Liberty replied to Liberty's topic in General Discussion
Follow up video to the Rules for Rulers. If you liked the first one, chances are you'll like this one: -
Glad you liked them. For the person who asked, I indeed discovered the podcast on John Huber's blog.
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"The program will commence immediately and runs until year-end 2019. Mike Fries, Chief Executive Officer, said, “The establishment of this buyback program for LiLAC tracking stock demonstrates confidence in our business and its prospects" Wanker. The date doesn't mean that the buybacks will be evenly distributed until then. It's just a way to keep it open-ended. They have limited FCF right now, but it should pick up next year. They could use the whole 300m quickly with a bit of debt and pay it back next year, or if the stock bounces back immediately (not a prediction), they could sit on it and have it available until 2019 as an option.
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John Oliver on MLMs and HLF:
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Buybacks announced, 300m: http://www.libertyglobal.com/pdf/press-release/Liberty-Global-Buyback-Program-LiLAC-FINAL.pdf
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Something's wrong with your phone (hardware or software). It's normal right after a new OS upgrade for the phone to be a bit slower and for battery to drain a bit more because a lot of stuff is going on in the background for a bit (re-indexing stuff, moving files around, building a database for new features like machine vision, etc). But that doesn't last long. You might have changed something else without noticing (ie. put your screen brightness to maximum while you had it set to 50% before, moved to somewhere much farther away from a cell tower so the emitting power has to be much higher), or you might have a new app doing a lot of background work (which you can toggle on/off on a per app basis in the 'settings -> general' to reduce power draw), or you may have defective hardware. If you can't figure out any other change that you made, and if when you go in 'settings -> battery' to see what's using your power you don't see anything out of the ordinary, you might want to bring the phone to an Apple store.
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But that's not what Obama meant in context! If we paraphrase, he might have told Einstein: "You did great! Just don't forget those that helped you get there" which is completely different from your "you didn't think of that". It's a bit stretched here because I'm sure Einstein was aware and didn't need to be reminded, but in our society there are many very successful people who do think they are completely "self-made" and don't owe anyone anything, when that isn't actually true. In fact, most of the most successful people on the planet constantly echo that very sentiment about being born in a place that gave them the opportunity to do what they did and talk about giving back (Buffett, Bezos, Bill Gates, Zuckerberg, etc).
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I think so. I agree with every word that he's written, but he doesn't seem to have read what I have wrote. No one disputes that everything everybody does is built on the accomplishments and infrastructure built by others. My point is that is not the ONLY thing Obama was saying. He was saying all that (which is true) and then implying "thus we have a right to tax the hell out of you." Only he didn't say it like that he used the euphemism "do things together". I've read what you wrote. You're just projecting the same fight everywhere, regardless of whether it was actually part of the topic at hand. I wasn't talking about what Obama might have been implying, and he might or might not have been actually implying it in this speech. I was just pointing out that in context, the very famous "you didn't build that" quote is clearly about roads and bridges and things like that, not about "your business", despite the fact that on paper it seems like that because people don't talk the same way they write. They sometimes start a sentence and then think of something they wanted to add to a previous idea, and then go back to what they were saying.
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All media has bias: Yes. It's all run by humans. The quantity of bias is the same in all media: No. Clearly not. I'll take the NYT or the WSJ over the Soviet Pravda or that 2003 Iraqi minister of information... Some organizations have bias coming from the top down and pervading the whole organizations; they consider it their actual mission to convince people of a certain cause or to support a certain ideology or political party; while others try to hold themselves to high professional standards of fairness and objectivity and have failures that are more on a case-by-case basis or in their blind spots. Sins of omission vs sins of commission, in a way. Or trying to do the right thing and coming short rather than trying to do the wrong thing to begin with.
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Who said it diminishes it? Who said it couldn't have happened otherwise? Recognizing that it was built on an existing foundation, without which it wouldn't have happened, is just recognizing reality. Even in a theoretical libertarian dreamworld utopia, people would still be incredibly interconnected and interdependent and nobody's success would happen in a vacuum on any operation more complex than running a small farm. But people distort that statement and pretend that what he meant is that people who build businesses don't deserve credit for them or that they're somehow not theirs. That's not what I'm reading. He might not be a very business-friendly president, but that's still not what he said. He's stating the obvious: Those businesses don't exist without all kinds of other things that others (govt or not) built.
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I know you're just having fun with the title of the podcast, but I hear that line often enough that I looked it up in context, and I think it's one of those memes that are actually pretty clearly not what the person meant and is used to ascribe them beliefs that they don't have: https://en.wikipedia.org/wiki/You_didn%27t_build_that It's pretty clear to me it's exactly what he meant. Analyze what he's saying. You worked hard- that doesn't justify your success because a lot of people work hard and don't attain success. You were successful because someone else paid for the roads you used. You were successful because you had a good teacher. You were successful because of the founding fathers. You were successful because the government helped create the internet. In essence, you are not fully responsible for your success. Now, who here exactly is he rebutting? No one believe that businesses don't have employees. No one believes that children don't rely on teachers. No one thinks fighting fires ought to be done by a single individual. No one who says, I built my business, thinks that no one else was involved. When someone says they built their business, what they mean is that they, as an individual, knowingly took the actions necessary to achieve their success. Obama is switching the idea of 'responsibility' from meaning under ones control to entirely of ones making. The result is to undercut those who believe they deserve the fruits of their success. The political position this justifies is obvious. You think you deserve that $20 you made selling lemonade? Well, not completely. Someone else invented lemonade. I think you're interpreting it wrong. He's saying that Jeff Bezos can't build Amazon if the postal service and the internet don't exist. So you might be doing amazing things, and they are necessary for success (even if they don't guarantee it), but they are not sufficient, so it makes sense to give back to the system/country that helped you be successful. People fixate on the sentence that stops and then switches back to another idea, but what he's really saying is, you didn't build the bridges and roads and that kind of stuff, the platform on which everything else rests. Without police and military to guarantee your security, without a judicial system and strong institutions that defend property and enforce contracts, without clean water and electricity, etc.. A lot of things simply don't happen even if you're Elon Musk.
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I know you're just having fun with the title of the podcast, but I hear that line often enough that I looked it up in context, and I think it's one of those memes that are actually pretty clearly not what the person meant and is used to ascribe them beliefs that they don't have: https://en.wikipedia.org/wiki/You_didn%27t_build_that
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I've started listening to podcasts at 1.5x playback. So for a podcast that was -30min long, you would only lose -20min. ;D So does that mean you gain 20min?................... I listen with Overcast at 1.5x with Smartspeed, which reduces the length of silences between words dynamically, so my average is over 1.75x. So I guess I'm losing/gaining even more, and I'm even more confused ???
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Thanks I just started downloading them. Also all the episodes look like they are "~30mins" (approximately 30 mins) long rather than "±30mins" (+30mins OR -30mins). I'm not sure how you would even listen to a podcast that was -30mins long. :D
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Recently discovered this new podcast by NPR. The format is ±30mins interview with a founder/entrepreneur about how they built their business. http://www.npr.org/podcasts/510313/how-i-built-this The couple episodes that I've heard were interesting. So far I listened to the Sara Blakely episode and the Kevin Systrom & Mike Krieger episode.
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LBTYA & LILA Q3: http://www.libertyglobal.com/pdf/press-release/LG-Earnings-Release-Q3-16-FINAL.pdf