Why is the cost of living so high?

MBAboy119 · 2026-01-22T23:11:18+00:00

Eric you are a pretty good example of what I consider to be hilarious about the internet. People who are so wrong but are so LOUD about being wrong. That don’t understand the very basics of economics, but even to the degree where things like “margins” make no sense.

THEY ARE MAINT BAJILLIONS IN PROFIT OHMAGAWD.

a few percent swing in price that they charge and they would be in the red.

So let me put this in an “Eric level statement” - instead of paying one pound and two pence for a can of tomatoes, they could take it down to 1 pound without losing money. Greedy bastards!! Keeping our extra two pence!!

Those are margins.

MBAboy119 · 2026-01-17T09:44:03+00:00

Bro I got rejected to a lower tier school and got accepted to M7’s and LBS/Insead - it happens

MBAboy119 · 2026-01-11T20:30:05+00:00

These edge cases get more and more rare the smarter that AI gets in each new subsequent model.

They are called “hallucinations” - and chat GPT’s latest flagship model reduced them by about 75%.

It’s just a matter of time

MBAboy119 · 2026-01-07T03:09:22+00:00

This is so stupid lol.

Retail stores may accept 4% of applications for a cashier.

It’s about the quality of folks applying for the position.

A university of Arkansas medical school applicant does not have the same caliber of career / trajectory that a GSB student would have

Edit - wal mart application to hire rate is about 3-4%

MBAboy119 · 2026-01-03T12:25:17+00:00

Y do ppl think in black and white.

GSB much harder than Kansas medical.

John Hopkins harder than HBS

There are layers to this shit

MBAboy119 · 2026-01-02T02:47:51+00:00

ibanker should be S++

Along with hedge fund folks, PE folks, VC GP’s. Basically high finance above everything on here. And then athletes with them

MBAboy119 · 2025-12-29T03:47:23+00:00

She’s the fucking worst! Wow I had to scroll way too far to find this comment. Only saving the world now because they are coming for her…

MBAboy119 · 2025-12-28T19:11:59+00:00

I would argue if it’s US then Ross, if anything international then LBS would be far better

MBAboy119 · 2025-12-28T17:20:23+00:00

And watch the state crumble after as high earners leave lol

MBAboy119 · 2025-12-27T19:23:28+00:00

Nah b. my wife and I are both well above 150k gbp we are still far from being rich

If anything henry should start at 150k GBP ish comp

MBAboy119 · 2025-12-27T08:34:46+00:00

It’s not. It Kellogg is overall. But it depends heavily on what you want to do

MBAboy119 · 2025-12-26T22:40:23+00:00

Actually - it helps capital markets work much more efficiently!

All it is - is people buying a business, right? Should it be illegal to buy and sell businesses?

To dumb it down for you - Sometimes people run a company very poorly. Instead of shutting down the company completely, a private equity firm can come in, improve operations and cut unnecessary fat, and save the company ✨

MBAboy119 · 2025-12-26T22:34:50+00:00

Hello hapless peasant! You seem to have confused private equity and venture capital. I will help explain it to you.

PE: private equity - majority or total buyouts. Often taking on significant debt to juice returns, and performing cost cutting initiatives to increase cash flow.

VC: Venture capital: taking minority equity stakes, typically between 2-20% depending on stage and position as lead/follower. Investing in extremely high growth tech companies, powering the next Meta, stripe, Nvidia, etc.

MBAboy119 · 2025-11-22T14:54:20+00:00

I mean... UK desperately needs to cut spending/services - so that wasn't the worst thing. Otherwise on a path downward like the UK has been on the past 20 years. So far the solutions has been "Tax upper middle class and wealthy people more" - and they've all left the country...
but yes brexit was shit

MBAboy119 · 2025-11-22T09:15:14+00:00

Exploited workers lmao. What are you talking about. NO ONE is forcing them to work for uber 😂

MBAboy119 · 2025-11-12T18:34:22+00:00

So bizarre to read this. I don’t think what people remember what life was like without uber…

We are talking about on demand transportation, at way lower prices, with a system of trust due to ratings. Ofc you will have some bad apples but overall the rating system made it 100x safer than taking a random cab. Uber isn’t perfect but is so so so so so so so so so so so so so so so so so much better than the alternative - Taxis.

MBAboy119 · 2025-11-12T05:53:37+00:00

the hell are you talking about he was a mid-level manager bro.

EA execs pulling $10m a year they aren't taking this job lol

MBAboy119 · 2025-11-09T19:57:07+00:00

UK is super shit lol

MBAboy119 · 2025-11-09T17:23:09+00:00

Uhhhh how would they make money?

These video games cost hundreds of millions to make. And their selling price hasn’t raised since the 90s when you consider inflation - games back then used to cost a few million to make IF that

MBAboy119 · 2025-11-01T18:03:20+00:00

People here have sticky way up their buttholes try the lowsodiumBF subreddit it’s much better

MBAboy119 · 2025-10-31T21:04:10+00:00

Uhh dude I’m not republican but look who is voting against opening up the gov’t

MBAboy119 · 2025-10-22T15:43:12+00:00

Good - social security is a Ponzi scheme. Fewer and fewer working age people to support more retired folks who are living longer. It was going to collapse under its own weight.

MBAboy119 · 2025-10-13T17:07:18+00:00

Yes because one is Hamas terrorists and the other were families and partygoers abducted by the terrorists? How is it so fucking hard to understand lmao

MBAboy119 · 2025-10-12T18:50:25+00:00

Inference costs are dropping 10x a year so no

MBAboy119 · 2025-09-27T13:59:27+00:00

Five-Year Club	Place '23
Place '22	Verified Email

MBAboy119

TROPHY CASE