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*****Official February "greatest place on the interwebs" Chat Thread!***** *****Official February "greatest place on the interwebs" Chat Thread!*****

02-03-2009 , 08:20 PM
Quote:
Originally Posted by Sounded Simple
1% is a hell of a lot if your heading into the red imo.

Of course that's speculation, no doubt a good number of people at the top are taking significant advantage of the situation by keeping wages down even in healthy companies.

It is true though, that some peoples true character is revealed when times get tough. I have several customers that I busted my balls for last year who won't even pick up the phone or answer an email to tell me where my money is.
These are the folks who, when they were my clients, I actually enjoyed suing--"I busted my ass, won your case and now you are stiffing me on the fee??? um, no, I don't think so."
02-03-2009 , 08:24 PM
Quote:
Originally Posted by mpethybridge
Well, I for one, have not done my session review yet. But i guess I can unstick the sweat thread.
And sticky the new sweat thread
02-03-2009 , 08:42 PM
Quote:
Originally Posted by mpethybridge
These are the folks who, when they were my clients, I actually enjoyed suing--"I busted my ass, won your case and now you are stiffing me on the fee??? um, no, I don't think so."
LOL. GG trying to screw over an attorney!!


Quote:
Originally Posted by Sounded Simple
1% is a hell of a lot if your heading into the red imo.

Of course that's speculation, no doubt a good number of people at the top are taking significant advantage of the situation by keeping wages down even in healthy companies.

It is true though, that some peoples true character is revealed when times get tough. I have several customers that I busted my balls for last year who won't even pick up the phone or answer an email to tell me where my money is.
Yeah, that is true if you are actually within 1% of breaking even, then it's a VERY important 1%. But if you are development stage, then you are basically just burning vast amounts of money, discussing things such as "runway." So I guess the objective, unemotional analysis becomes the trade off between increasing the runway by 1%. So, several extra days of operation if your runway is approximately 1 year. However you also decrease moral and productivity by ??%. One is easy to quantify, pat yourself on the back over and point at publicly. Both are important in a race against the clock imo.
02-03-2009 , 09:24 PM
Quote:
Originally Posted by Equus asinus
Yeah, that is true if you are actually within 1% of breaking even, then it's a VERY important 1%. But if you are development stage, then you are basically just burning vast amounts of money, discussing things such as "runway." So I guess the objective, unemotional analysis becomes the trade off between increasing the runway by 1%. So, several extra days of operation if your runway is approximately 1 year. However you also decrease moral and productivity by ??%. One is easy to quantify, pat yourself on the back over and point at publicly. Both are important in a race against the clock imo.
As management, I'd also have to consider that I expect revenue to drop in the next 12-24 months. There will be more companies chasing the same business I am in order to survive, so a very good chance there will be downward price pressure on the product or service I provide.

And yes, I got another customer letter asking for cost reductions this week.
02-03-2009 , 09:30 PM
Quote:
Originally Posted by Equus asinus
LOL. GG trying to screw over an attorney!!
lol, yeah, but my point was that SS oughta sue the bums and not lose a moment's sleep over it.
02-03-2009 , 10:05 PM
Ironically, the tail end of that WSJ article I posted earlier (I read gud! slow but gud!) had a mod of a General Hospital forum complaining more posts are about the economy than the soap opera.
02-03-2009 , 11:50 PM
Every other day for the last 6 days, my flopping set skills sit at 2.9%. Exactly.

Today: 1309 hands, 35 pairs saw the flop, 1 flopped set.

Brag: Still had a winning session for 3.5 ptBB/100
02-04-2009 , 12:01 AM
Added to The Code of the Micro Grinder:

"I shall not slowplay the nuts vs fish."
02-04-2009 , 12:18 AM
Oh and this finally showed up today, most comfortable hoodie ever:



Does anyone know where to find that list of poker skills that Barry G. laid out, I think it was in Ace on the River? (And don't say, "It's in Ace on the River," because I don't have a copy and haven't actually read that one)

It was quoted in another book I read but I can't remember which of my books it's in now
02-04-2009 , 01:06 AM
U.S. Tax law sucks..........
02-04-2009 , 01:20 AM
Quote:
Originally Posted by JH1
Every other day for the last 6 days, my flopping set skills sit at 2.9%. Exactly.

Today: 1309 hands, 35 pairs saw the flop, 1 flopped set.

Brag: Still had a winning session for 3.5 ptBB/100
This is a GIANT brag. well done.
02-04-2009 , 01:22 AM
Quote for eternity: The problem with common sense is that it's not that common at all.
02-04-2009 , 01:27 AM
Quote:
Originally Posted by KurtSF
That is brilliant.


No, you don't need a hardfast rule when it comes to women. Interpersonal relationships are wayyyyy too complicated for simple black and white rules.

That said, this dilemma is EZ. Kick her to the curb. You won't be getting what you want anyway with a kinda-fat homely firecrotch - the effort isn't worth it. Good girls take a lot of work... is that what you want to spend your time doing?

I flipped a coin and the coin said to give firecrotch a little taste of Macavoy.
02-04-2009 , 01:34 AM
Quote:
Originally Posted by McAvoy
I flipped a coin and the coin said to give firecrotch a little taste of Macavoy.
sample size, imo.
02-04-2009 , 01:36 AM
FDR's New Deal policies not only worsened and prolonged the depression, they were also some of the deepest infringements on our personal liberties. He expanded the powers of the federal government into unprecedented heights whose bull**** we now deal with everyday. He confiscated the property of private citizens and essentially stole their money. People are brainwashed into believing he was a true American hero who saved America from chaos, havoc and dictatorship, when in reality the opposite is true. FDR was nothing more than a thief, a liar, and IMO one of the worst president's in our countries history. What really ended the depression was increased liquidity in the private sector following WWII. In terms of ending the depression, Hitler deserves more credit.
02-04-2009 , 01:39 AM
Quote:
Originally Posted by Zenzor
FDR's New Deal policies not only worsened and prolonged the depression, they were also some of the deepest infringements on our personal liberties. He expanded the powers of the federal government into unprecedented heights whose bull**** we now deal with everyday. He confiscated the property of private citizens and essentially stole their money. People are brainwashed into believing he was a true American hero who saved America from chaos, havoc and dictatorship, when in reality the opposite is true. FDR was nothing more than a thief, a liar, and IMO one of the worst president's in our countries history. What really ended the depression was increased liquidity in the private sector following WWII. In terms of ending the depression, Hitler deserves more credit.
This has been pretty ldo since around 1986, but if you said it before this month people would have wanted to burn you at the stake for blasphemy.
02-04-2009 , 01:43 AM
Quote:
Originally Posted by mpethybridge
sample size, imo.
1

another one of my 'hardfast' rules. only flip once You live by the coin, you die by the coin is my motto.
02-04-2009 , 01:46 AM
Quote:
Originally Posted by mpethybridge
This has been pretty ldo since around 1986, but if you said it before this month people would have wanted to burn you at the stake for blasphemy.
Hehe I wasn't born yet in '86

But I started searching from the truth independently once I realized everything I was being taught in public schools was simply propoganda and bull****. Heck I'm in college majoring in economics and it's no different. Every class is a ****ing lecture of Keynesian bullsh*t that people fail to realize is responsible for the mess we're in now.
02-04-2009 , 02:37 AM
Quote:
Originally Posted by Zenzor
Hehe I wasn't born yet in '86

But I started searching from the truth independently once I realized everything I was being taught in public schools was simply propoganda and bull****. Heck I'm in college majoring in economics and it's no different. Every class is a ****ing lecture of Keynesian bullsh*t that people fail to realize is responsible for the mess we're in now.
So your majoring in economics, what are your goals professionaly?
02-04-2009 , 02:55 AM
Just saw Slumdog Millionaire, great movie which i recommend to anyone.
02-04-2009 , 04:25 AM
Phil Baxter: Professional Internet Gambler

I'd imagine this will be a little too close to reality for some.
02-04-2009 , 09:04 AM
yeah, for me at the moment
02-04-2009 , 09:24 AM
Quote:
Originally Posted by mpethybridge
lol, yeah, but my point was that SS oughta sue the bums and not lose a moment's sleep over it.
Yeah I'm much too soft when it comes to these things, I hate going down that route as I'm one of those people who sees confrontation as a last resort.

Also, I'm a small business dealing with other small businesses. Sometimes orders get placed with little or no paperwork - serious serious serious error.
In other cases the other guys are busto or pretty close to it.

Can't help thinking of the whole thing in terms of an "EV Graph" - lol I hate those.


I'm 27 (or 28 cant remember) and I tell you young whippersnappers one lesson I have learned since entering the workplace/business/life - If you think someone is out to screw you then they most probably are.

If you are tempted to think I'm being bitter, cynical, twisted or I'm mistaken in my general assessment of people then go ahead and take peoples word on business/financial transactions (including poker related) just don't say I didnt warn you.
02-04-2009 , 09:33 AM
Quote:
Originally Posted by SammyG-SD
U.S. Tax law sucks..........
Yep, ask anyone who's self employed and actually makes money. Someone who ends up with 50k in taxable income can wind up paying about 35 or 40% of it back to the Govt. Or you can just become a Democrat and not pay your taxes. Simple really.


Quote:
Originally Posted by I vi ii V7
Phil Baxter: Professional Internet Gambler

I'd imagine this will be a little too close to reality for some.
02-04-2009 , 09:42 AM
Quote:
Originally Posted by Sounded Simple
I'm 27 (or 28 cant remember) and I tell you young whippersnappers one lesson I have learned since entering the workplace/business/life - If you think someone is out to screw you then they most probably are.

If you are tempted to think I'm being bitter, cynical, twisted or I'm mistaken in my general assessment of people then go ahead and take peoples word on business/financial transactions (including poker related) just don't say I didnt warn you.
Yeah, this quit true. I deal with all sorts of different small business people and you can usually tell the scammers from those on the up and up quite quickly. Its just in how the talk. Funniest story from our office is about one of our bigger clients. In his first sit down with us, the first question he asks is "how much do you know about offshore bank accounts?" Needless to say, we knew right away what category he fell in to.

      
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