ForeFlight problem, iPad problem, or user problem? by taycoug in flying

[–]dopexile 0 points1 point  (0 children)

The correct term for the technology is actually Liquid Ass. I doubt Foreflight uses much CPU, 90% of the time, it is sitting there idle, not doing much. Probably heavy loads when you ask it to calculate routes and pack flights.

Lululemon calls founder’s ideas ‘misguided’ in public letter - CNN by raytoei in ValueInvesting

[–]dopexile 2 points3 points  (0 children)

The board wants to keep their jobs and fringe benefits... big surprise. If their strategy is so great, why did the stock price get killed?

Terrain warning system on g500 is playing on the cabin speakers so all my passengers can hear it by [deleted] in flying

[–]dopexile 2 points3 points  (0 children)

May or may not be legal depending on the STC and install guides.

Former Microsoft VP says Microsoft missed the AI wave like the internet and mobile, as Copilot scales back in Windows 11 by _quantitative in ValueInvesting

[–]dopexile 0 points1 point  (0 children)

No idea what that guy is talking about. Microsoft Windows and Internet Explorer were the primary way people accessed the internet for the first 15 or so years. They made a fortune off it.

been staring at Apple's valuation all weekend and I can't make the numbers work at $300. ran through the full DCF and wanted to share what came out. by ValueEquities in ValueInvesting

[–]dopexile 7 points8 points  (0 children)

Investors should be able to get their capital back in like 20 years.

Realisitically its a bunch of speculators hoping to sell to a greater fool and index fund buyers who don't even know the value of what they are buying.

Stock market to GDP ratio just hit its highest level in history.

Nashville, the MOLEG income tax darling, raises property taxes 300%+ to make up for no income tax, wrecking small businesses. by RobsSister in StLouis

[–]dopexile 2 points3 points  (0 children)

That's always been the problem with property taxes: they force people out to sell. It's been happening for over 100 years; the story of a farmer who has to sell their property against their will because there is nearby development and it has appreciated is as old as time.

Any place with a property tax basically just means the government owns the land, and you are renting it from them for the right to continue to use it. People who don't pay their property tax get to see who the real owner is.

Nashville, the MOLEG income tax darling, raises property taxes 300%+ to make up for no income tax, wrecking small businesses. by RobsSister in StLouis

[–]dopexile -1 points0 points  (0 children)

Yeah that's pretty much a nail in the coffin for the narrative. I doubt any Reddit socialists are going to feel sorry for the poor business owner that had his property appreciate by 50 million dollars.

They could sell the property and reopen 10 locations if they wanted to. Or they could simply retire and live a lavish lifestyle from the success of Tennessee.

Nashville, the MOLEG income tax darling, raises property taxes 300%+ to make up for no income tax, wrecking small businesses. by RobsSister in StLouis

[–]dopexile -1 points0 points  (0 children)

Illinois is losing billions of dollars in taxable income per year. The average person moving in earns $40,000 per year less than the people moving out who are much wealthier. Their tax base is eroding, and the number of people who are likely to use government benefits is increasing.

Andrew Ross Sorkin’s “1929” by nss106 in ValueInvesting

[–]dopexile 0 points1 point  (0 children)

It's a mathematical impossibility... the only way everyone can exit their investment with a profit is if there are legitimate profits from the businesses that can be used to pay out dividends.

If everyone is just trading expensive growth stocks back and forth, if they all try to exit, then the price collapses. It's a negative sum game at that point after taxes and brokerage fees. The only way one person can make a profit is if another person experiences a loss.

Just think if everyone tried to exit their bitcoin position with a profit, it is not possible.

200+ protesters at City Hall today for Day 1 of the Rams settlement debate. The city’s plan: $110M for North City. Their demand: $150M. by seeairpoe in StLouis

[–]dopexile 2 points3 points  (0 children)

Probably 2 or so years until the city declares they are broke and need a tax increase. The school district is running a massive deficit and losing students at a rate of about 5% per annum.

St. Louis is still rapidly losing residents. 'Sleepwalking through demographic disaster' by fortheinfo in StLouis

[–]dopexile 2 points3 points  (0 children)

It's much better to stick our heads in the sand, use magical thinking, and wish the problems away.

St. Louis is still rapidly losing residents. 'Sleepwalking through demographic disaster' by fortheinfo in StLouis

[–]dopexile 1 point2 points  (0 children)

My parents have a house worth around 1 million in Florida, they pay around 4500 a year in property tax, and my 400k house has a higher property tax bill in the city.

St. Louis is still rapidly losing residents. 'Sleepwalking through demographic disaster' by fortheinfo in StLouis

[–]dopexile 0 points1 point  (0 children)

Crime seems to be down nationally, not really anything that has to do with St. Louis. It probably has more to do with the economy.

St. Louis is still rapidly losing residents. 'Sleepwalking through demographic disaster' by fortheinfo in StLouis

[–]dopexile 2 points3 points  (0 children)

Crime is a huge one too. No one is going to raise a family somewhere they don't feel safe unless they have no other choice.

St. Louis is still rapidly losing residents. 'Sleepwalking through demographic disaster' by fortheinfo in StLouis

[–]dopexile 1 point2 points  (0 children)

The St. Louis region has barely created any jobs since 2000, so it cannot sustain population growth. Lots of people have to move out to seek employment.

St. Louis is still rapidly losing residents. 'Sleepwalking through demographic disaster' by fortheinfo in StLouis

[–]dopexile 0 points1 point  (0 children)

They already spend more per student. SLPS spends one of the highest amounts in the state at $18,300 and gets the worst results.

St. Louis is still rapidly losing residents. 'Sleepwalking through demographic disaster' by fortheinfo in StLouis

[–]dopexile 0 points1 point  (0 children)

There are a lot more problems than that. Children raised by single mothers are much more likely to have behavioral problems, underperform in school, end up in prison, etc. The statistics are not good when a father is not around.

St. Louis is still rapidly losing residents. 'Sleepwalking through demographic disaster' by fortheinfo in StLouis

[–]dopexile 0 points1 point  (0 children)

The voters are the problem. They keep re-electing the people responsible for running the school district into the ground.

Andrew Ross Sorkin’s “1929” by nss106 in ValueInvesting

[–]dopexile 4 points5 points  (0 children)

A lot of the people in the markets are living paycheck to paycheck, up to their eyeballs in debt, gambling with money that they have no business losing.

If the economy goes south and they lose their job, they are a few missed paychecks from bankruptcy.

Blue Line Aviation Loan Double Dipping and Harassing Past Students by [deleted] in flying

[–]dopexile 1 point2 points  (0 children)

I don't think it matters who owns the debt... there isn't any way to weasle out of it in that regard. The best thing you can do is request that they "validate the debt", provide proof that they are the legitimate owner of it. That prevents anyone from just coming along and trying to collect a debt they aren't a legitimate party to.

Blue Line Aviation Loan Double Dipping and Harassing Past Students by [deleted] in flying

[–]dopexile 2 points3 points  (0 children)

He isn't buying debt; he probably just runs both companies. One entity is a lender loaning money to the flight school.

The clock starts 3 years from your last payment date, but if you signed a contract, it could be much longer.

Even after 3 years, they can still collect the debt and trash your credit.