Originally Posted by Rain Man:
This has no value to the thread, but I remember reading once that McDonald's purchased something like 5% or 8% or thereabouts of the entire U.S. potato crop.
Not surprised by that at all.
I was working at McDonald's when they FIRST introduced salads across the chain. The United States went into an immediate lettuce shortage. I'm completely serious. [Reply]
Originally Posted by Rain Man:
When I was a kid living in rural middle America, the big three were Sears, JC Penney, and Montgomery Wards. Apparently that business model doesn't work any more.
The thing that's somewhat ironic is that Sears and Wards were to some extent a primitive version of Amazon. They sent you a catalog, you called in your order, and then they had a warehouse-type place where you went to pick it up. That's pretty much exactly Amazon's model, but Amazon has the internet. One wonders why the classic catalog stores never got ahead of the curve.
I don't know what happened at those companies, but at Cabela's, they had about played out the direct business and growth had plateaued. Meanwhile, their few retail stores were profitable and there was some regional carryover where the retail stores were. So they rolled out a really aggressive retail plan, primarily just to get in front of more customers.
Then 2008 happened (kind of. It really started when gas prices spiked in 07 and they were sensitive to the effect of gas prices on their destination stores, but 2008 really wrecked shit) and suddenly these big expensive buildings were well, expensive.
I would anticipate similar things happened in the mall scene. Get a big retailer to come in, give them some tax breaks (Cabela's was working the property tax angle pretty hard), and you can get your direct products in front of a lot more people for relatively cheap. I can see how a company can think that a cost of sale would be cheaper in retail when malls got absurd traffic than printing and postage. Then this damn internet makes it cheaper for the direct sales again.
Now, Cabela's was asking their people to drive and their website drove a lot of traffic, so that added a different element to the fall of retail, but I can see it.
Originally Posted by :
OCALA, Fla. - A 48-year-old Ocala man was arrested on allegations that he tried to plant bombs in Target stores along the East Coast, with hopes of capitalizing by purchasing cheap shares of the retail store's stock.
Originally Posted by :
An explosives expert determined the devices were capable of causing property damage, serious injury or death to nearby persons upon detonation.
According to authorities, Barnett theorized that Target's stock value would plunge after the explosions, allowing him to cheaply acquire shares of stock before an eventual rebound in prices.
I feel like he didn't spend enough time on the investing portion of his plan. [Reply]
OCALA, Fla. - A 48-year-old Ocala man was arrested on allegations that he tried to plant bombs in Target stores along the East Coast, with hopes of capitalizing by purchasing cheap shares of the retail store's stock.
Quote:
An explosives expert determined the devices were capable of causing property damage, serious injury or death to nearby persons upon detonation.
According to authorities, Barnett theorized that Target's stock value would plunge after the explosions, allowing him to cheaply acquire shares of stock before an eventual rebound in prices.
I feel like he didn't spend enough time on the investing portion of his plan.
He should have bought PUT options FIRST to benefit from the initial collapse. His ISIS financial adviser should be fired.
In a related story from 9-11, there was a SURGE is shorting and put buying shortly prior to the 9-11 tragedy, making many people to believe that at least one Middle East state or regime knew of the pending attack. [Reply]
I met with edward jones yesterday. I got jack shit for money and I just figure I will spend money to get my ass handed to me so I can figure out what doesn't work for me. [Reply]
Originally Posted by Demonpenz:
I met with edward jones yesterday. I got jack shit for money and I just figure I will spend money to get my ass handed to me so I can figure out what doesn't work for me.
You just missed a great opportunity to buy put options on a 48 year-old Ocala man. [Reply]
All those saying you should have been heavily in cash when the market was sitting near 19,800 missed another recent great run up, near 1000 from that mark at today's close.
Originally Posted by lewdog:
All those saying you should have been heavily in cash when the market was sitting near 19,800 missed another recent great run up, near 1000 from that mark at today's close.
Originally Posted by lewdog:
All those saying you should have been heavily in cash when the market was sitting near 19,800 missed another recent great run up, near 1000 from that mark at today's close.
YOU CANNOT TIME THE MARKET.
Pretty much. You cant.
I'm really looking into artificial Intel companies lately. I'm thinking its gonna be getting pretty interesting in the next 5 years or so. [Reply]
Did you ever update the office situation? I remember it stopped but didn't know where you moved to after that.
On November 1st I rented a room w private bath and moved into a 3 story 6,500 sq ft executive house with a government contract specialist for the DoD with top secret clearance.
Sadly he had a change of heart and after 6 years plus a recent divorce he put the house up for sale and it sold for full ask on day 1. I have to move again on March 1st. Not happy.
These are photos of the house including my BR and the basement with my living room furniture set up around a big screen TV.
Originally Posted by scho63:
On November 1st I rented a room w private bath and moved into a 3 story 6,500 sq ft executive house with a government contract specialist for the DoD with top secret clearance.
Sadly he had a change of heart and after 6 years plus a recent divorce he put the house up for sale and it sold for full ask on day 1. I have to move again on March 1st. Not happy.
These are photos of the house including my BR and the basement with my living room furniture set up around a big screen TV.