The unimportant news thread

[Dry Brett Kavanaugh]

On digging further for dirt, someone able to read English cast doubt on the suspiciously back to front text on her passport .

If she were biologically Japanese, the affair wouldn't have been found or exposed. Same old mechanism.

[drogulus]

     Buy low, sell high, right?



     How about this? Buy now, sell never.

[Dry Brett Kavanaugh]

Buy low, sell high, right?



     How about this? Buy now, sell never.

How about invest in summer after all time high?

[drogulus]

How about invest in summer after all time high?

    One thing I've learned is something that profoundly changes how you think about investing. If you don't absolutely know that you are a trader, you are not a trader. Most financial advice you see concerns where markets will go, and implicit in that is you trade to beat the market. However, if you don't know that's what you're doing, you are not doing that and most of what you hear is irrelevant.

    Financial advice (mostly) is advertising for a service you don't want and shouldn't pay for.

   

[Dry Brett Kavanaugh]

One thing I've learned is something that profoundly changes how you think about investing. If you don't absolutely know that you are a trader, you are not a trader. Most financial advice you see concerns where markets will go, and implicit in that is you trade to beat the market. However, if you don't know that's what you're doing, you are not doing that and most of what you hear is irrelevant.

    Financial advice (mostly) is advertising for a service you don't want and shouldn't pay for.

   

You sound right. I'm not an investor and I don't have any knowledge in investing. My apology if my post above is rude.

[drogulus]

My apology if my post above is rude.

    Yeah, but what if it's not?

   

[Dry Brett Kavanaugh]

Duo euthanasia: former Dutch prime minister dies hand in hand with his wife.


https://www.theguardian.com/world/2024/feb/10/duo-euthanasia-former-dutch-prime-minister-dies-wife-dries-eugenie-van-agt

[drogulus]

    Yesterday my stocks crashed horribly! I think it was like 1.4%, and that's big for a single day.

    The doomsters were orgasmic as this proved with geometric logic that A Big Market Event Will Happen.

    See how clever this is? Will it be inflation, recession, "dollar collapse" (my personal favorite)? They'll fill in the blank later so they can be Right All Along.

    A guy named Buffet once said buy now, sell never, which isn't what he himself did. I like that. He's talking to me and knows I'm not him and never will be.

    Stocks are up a bit today with 2 hours to go. So yeah, it get's a bit boring when you've seen it umpty zillion times.

   

[Todd]

From CNN: Wendy's will test new menus that change prices throughout the day

Wendy's apparently will try a variant of peak load pricing, a mechanism usually used to reduce demand (eg, tolls, utility usage).  It will be interesting to see how this affects demand in an industry where plentiful perfect substitutes exist.  I predict failure.  But then, you know, it involves AI, so success is probably all but guaranteed . . .

[DavidW]

At peak time it would take so long to get through the drive-through that if the price was slightly higher, people would rather pay it than start over at another restaurant.  Also who memorizes the prices on fast food menus?  Most people won't know the price is higher.  As long as it is not egregious, I bet it will work and other chains will copy them.

[Todd]

At peak time it would take so long to get through the drive-through that if the price was slightly higher, people would rather pay it than start over at another restaurant.  Also who memorizes the prices on fast food menus?  Most people won't know the price is higher.  As long as it is not egregious, I bet it will work and other chains will copy them.

I don't know about where you live, but where I live, restaurants are often found in clusters, usually in shopping centers or in commercial districts.  The nearest competitor is typically right next door.  One needn't memorize anything when a billboard advertising prices is in view.  Peak load pricing is a mechanism used to lower demand, or to distribute it throughout the day to avoid systemic stress (eg, for electric companies).  It will not succeed in this type of endeavor.  And since food can be preordered or delivered, as is so often the case in office settings and to a lesser extent in domestic settings, one needn't do anything more than open a different app or select a different restaurant from a list of restaurants to hunt for cheap slop.

[Todd]

From the Financial Times: Oil and gas profits triple under Joe Biden even as industry decries him

Green targets will be hit sooner than expected at this rate.

[DavidW]

I don't know about where you live, but where I live, restaurants are often found in clusters, usually in shopping centers or in commercial districts.  The nearest competitor is typically right next door.  One needn't memorize anything when a billboard advertising prices is in view.  Peak load pricing is a mechanism used to lower demand, or to distribute it throughout the day to avoid systemic stress (eg, for electric companies).  It will not succeed in this type of endeavor.  And since food can be preordered or delivered, as is so often the case in office settings and to a lesser extent in domestic settings, one needn't do anything more than open a different app or select a different restaurant from a list of restaurants to hunt for cheap slop.

Billboard?  What billboard are you talking about?  I have never in my life seen restaurants use billboards to show their pricing, only to advertise special menu items.  The rest of your post shows you didn't understand what I wrote.  It doesn't matter that they're close to each other if it takes ten minutes before you can see the prices and order (because you are waiting in the drive through, have you never ordered fast food at peak time before or EVER??), are you going to just leave the drive through because it is just a $1 more?  And start over for another 10-15 minute wait??  Most people would not.

It doesn't matter what historically peak load pricing is used for, it can be co-opted for another strategy.  I think something like this was inevitable in the digital age when you can instantly change the menu prices because the menus are now lcd screens fed by a computer.

[Todd]

It doesn't matter what historically peak load pricing is used for

Of course it does.  Wendy's can attempt to co-opt the approach to somehow boost revenue.  They have.  It will fail.  That's the point.  They will change course.

[SimonNZ]

First Ever Footage of Humpback Whales Having Sex Raises Some Awkward Questions

[Dry Brett Kavanaugh]

A lone female fish recently fell pregnant, despite having no male companions.


https://www.bbc.com/future/article/20240229-why-do-some-animals-have-virgin-births

[Todd]

Local happenings: Oregon's drug decriminalization experiment appears dead

The Oregon state legislature is overriding the will of the people, who passed Measure 110 only a few years ago.  Governor Tina Kotek is set to sign the legislation.  (She so badly wants to be Senator that she has been willing to shit all over Metro twice in her so far short term, thus potentially earning my vote.  Sometimes naked ambition pays dividends.) 

[Karl Henning]

freetrumpbook.com

[Spotted Horses]

A lone female fish recently fell pregnant, despite having no male companions.


https://www.bbc.com/future/article/20240229-why-do-some-animals-have-virgin-births

Parthenogenesis is a widely known phenomena among various classes or organisms (frogs, fish). I find the article somewhat oversells the surprise, which is not that it occurred, but that it wasn't previously known to occur in sting rays.

[Dry Brett Kavanaugh]

Japanese model with Down syndrome fulfills dream; walks in Paris show.


https://japantoday.com/category/national/japanese-model-with-down-syndrome-fulfills-dream-walks-in-paris-show