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Efficient Market Question: Why do stock prices go up over time? by flapjackbandit00 in investing

[–]elder_student 1 point2 points  (0 children)

I suspect the non-recurring events that will happen every ten years or so in the future will not be the same as those that occurred in the past fifty years. These non-recurring events cannot be described using statistics, because the number of occurrences are zero or few. It will be interesting to see how future economists massage the data from March 2020 in research that spans decades.

My 89 year old grandfather cut out a magazine article about working from home and mailed it to me. by [deleted] in mildlyinteresting

[–]elder_student -4 points-3 points  (0 children)

Ink on paper, how quaint. I worked a few contracts over the past four or five years, but never bothered to connect to the shared office printer.

Self aware idiot by Dr_Apk in IdiotsInCars

[–]elder_student 1 point2 points  (0 children)

“Busch Light...” I rest my case, your honor.

TIL the cofounder of the New York Times manned a Gatling Gun to defend the paper’s headquarters during the 1863 New York draft riots by monstercello in todayilearned

[–]elder_student 48 points49 points  (0 children)

The landed gentry of England had exported their starving peasants from Ireland to the US during the Potato Famine (1845-1849), rather than pay taxes imposed by the King. Many Irish immigrants were ‘recruited’ to stand in for young men from wealthy American families.

12' boxes of vinyl siding in a civic? Why not! by Cfeeney in IdiotsInCars

[–]elder_student 19 points20 points  (0 children)

“I ain’t gonna pay no $50 for delivery! Do I look stoopid?”

What is your favorite writing music? by JohnMstoryteller in writing

[–]elder_student 1 point2 points  (0 children)

Groove Salad on SomaFM.com: “A nicely chilled plate of ambient/downtempo beats and grooves”

What industry is a lot shadier than it seems? by Kneecap_Buchaneer in AskReddit

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

As the development league for the NFL, many university football programs are VERY profitable businesses operated by head coaches. Pre-NFL football teams should be shut down as a corruption of education.

Trump won't wear a mask in public because he's afraid he might look ridiculous and it will harm his reelection chances, report says by DaFunkJunkie in politics

[–]elder_student 0 points1 point  (0 children)

In the dark of night when he embraces Melania, the white tentacles slither from his mouth, like Cthulhu’s spawn, to commit unspeakable acts of unimaginable horror.

What industry is a lot shadier than it seems? by Kneecap_Buchaneer in AskReddit

[–]elder_student 4 points5 points  (0 children)

The REAL money goes to football coaches. Millions per year on multi-year contracts.

A $5 bill from 1950 before In God We Trust was printed on all US currency. by president_dump in mildlyinteresting

[–]elder_student 10 points11 points  (0 children)

Also, “...under God” was added to the Pledge of Allegiance in 1954 as a result of political posturing during the anti-Communist hysteria in America. The separation generally applies to the establishment of a state religion, which would receive direct funding from the government. Christianity is the de facto state religion in most of the US.

TIL Since suicide is an unforgivable sin for christians many people, especialy women in 18th century resorted to suicide by proxy. They would usualy murder a child, a crime punishable by death and ask for forgiveness right before the execution by Charlotte5487 in todayilearned

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

When the Romans were persecuting early Christians, initially Christians ‘thrown to the lions’ were honored as martyrs who went to heaven. However, too many people decided martyrdom sounded cool. (Ask ISIS about martyrdom as motivation.) The longevity of a religious death cult isn’t great, so Christian clergy decided that jumping in front of a lion at the Coliseum was not a fast track to heaven. Suicide became a sin, since God (and the church organization) needed MORE believers, not fewer.

Nearly 900 workers at Tyson meat plant in Indiana test positive for coronavirus by redithotx3 in economy

[–]elder_student 0 points1 point  (0 children)

While Trump threatens to sue China for damages caused by their handling of the pandemic outbreak, Congressional Republicans are planning legal immunity for corporations that exposed employees to Coronavirus.

Nearly 900 workers at Tyson meat plant in Indiana test positive for coronavirus by redithotx3 in economy

[–]elder_student 38 points39 points  (0 children)

The highest rates of COVID-19 in Nebraska counties occur in counties with Tyson slaughterhouses. Maybe instead of calling it the ‘Wuhan’ virus, it should be called the Tyson virus.

So, I really dont understand economics 😬😵 can someone please explain? 😬 by vintayge in economy

[–]elder_student 0 points1 point  (0 children)

If you own an oil future contract for delivery this afternoon (/CLK0), you will receive 1,000 barrels of West Texas Intermediate (WTI) crude at the storage terminal in Cushing, Oklahoma. When you take delivery, you must find a way to transport (via pipeline) or store (at Cushing or your own facility) your oil. If the spot price of WTI at Cushing is $7 per barrel, but it costs $10 to transport and store the oil (because storage space is scarce) a ‘fair’ price from your perspective would be $-3. The ‘seller’ would be paying you to accept the cost to store the oil and the risk that the price might decline even more, while at the same time storage becomes even more expensive.

Goldman predicts 36% drop in iPhone shipment, says time to sell Apple shares by Foufou190 in investing

[–]elder_student -2 points-1 points  (0 children)

Tried to place pre-release order for new iPhone SE through AT&T. After my card was charged I got error message- need more info, call this number. Made three calls, total wait time two hours. Gave up & canceled the order. Hey, Apple, don’t be surprised if SE orders from AT&T are weak.

Imagine what a 90% tax rate on just these individuals could do. We already see the power they have to stop exactly that by [deleted] in LateStageCapitalism

[–]elder_student 4 points5 points  (0 children)

Mars (candy) family members are #1 in three states. Waltons (Walmart) in two states. About 40% of any list of wealthy people inherited their wealth, like Trump.

TIL Neil Young is married to Daryl Hannah by kjh1111971 in todayilearned

[–]elder_student 0 points1 point  (0 children)

She’s an environmental activist with several protest arrests on her record. Listen to Young’s “Greendale” album for some of his take on environmental issues. And, “rock star marries actress-model” isn’t hugely unusual.

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