Gee maybe if they taxed these people themselves we wouldn't have to buy them a new electrical grid.
Readit Newshogwild commented on How Puerto Rico Became a Tax Haven for the Super Rich gq.com/story/how-puerto-r... · Posted by u/evo_9
hogwild commented on Time Magazine Sold to Marc Benioff for $190M wsj.com/articles/time-mag... · Posted by u/aaronbrethorst
I hope he steers the ship more to the center. This weeks issue is a puff piece on Nancy Pelosi, complete with flattering cover picture.
The woman in this story is handcuffed by her decision to have 3 kids.
Show me the 20 year old dropout. Explain why he/she can't devote themselves to self improvement.
hogwild commented on Dark Motives and Elective Use of Brainteaser Interview Questions onlinelibrary.wiley.com/d... · Posted by u/33degrees
This reminds me of Jewish Problems[0], designed to "prevent Jews and other undesirables from getting a passing grade" at the entrance exams to the math department of Moscow State University.
For a second there I thought you were talking about the interview process for becoming a Jew when they weed out undesirables.
hogwild commented on Insured, but Still Owing $109K for a Heart Attack khn.org/news/a-jolt-to-th... · Posted by u/tim_sw
I was going to respond saying that most hospitals are nonprofits and aren't actually making a great profit margin off this sort of overcharging. But then I looked it up and St. David's, despite having a religious nonprofit-sounding name, is actually owned by HCA Healthcare, which is a for-profit that has almost 4x'd its stock price over the past five years while acquiring more hospitals to grow. So, yeah, this one is about corporations squeezing money out of people because they can.
sources:
https://www.beckershospitalreview.com/hospital-transactions-...
HCA is owned by Bill Frist's family. Dirty stuff.
The banks backing spotify made about as much from their "non IPO" compared to what they would have made from a traditional IPO so I don't think too many bulge bracket banks are worried about this trend.
https://www.bloomberg.com/news/articles/2018-03-26/spotify-l...
> Avoiding the lock-up period was a very important part of our decision to list Spotify directly, but there were also clear financial benefits.
This was listed as, I think, a positive but I see it as an extreme negative. Why invest in your company if you don't have the conviction that it will be worth more 3-6 months from now.
> Think of it this way: the bigger the first-day gain in the closing price of your newly-issued stock, the higher the “cost” of your IPO. The investors who bought shares before the market opened pocket the gain in the stock price, instead of the company.
I think they are right but they really have no proof that they avoided the IPO pop discount. They actually opened trading at $165.90 and closed at $149.01.
What's to say that if they followed a traditional IPO the wouldn't have gone public at the same price but had a bank to back stop their share price at that level. The counter argument would be that they might have sold shares lower and had it float at $165.90 but we'll never know:)
one other thing they mention but should be highlighted is that most companies that go public sell new shares to the public, ie they raise money. Spotify didn't, as they didn't need money. This is more common these days due to the huge amount of money sloshing around looking for returns > 4% but its still the exception for most companies that go public while still loosing money.
People don't generally invest all their money in one company regardless of how confident they are in it.
hogwild commented on Power Worth Less Than Zero Spreads as Green Energy Floods the Grid bloomberg.com/news/articl... · Posted by u/bumholio
You can use sun light directly for that. Just paint your boiler black, maybe concentrate some sunlight with cheap mirrors.
Yea but not at night.
Does it also bother you that you're "buying" power lines in Oklahoma, Transmission terminals in California, Nevada, and Arizona, and windmills in Wyoming? https://www.utilitydive.com/user_media/cache/07/43/07436e35b...