What's new
By:
USCHO Fan Forum

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

  • The USCHO Fan Forum has migrated to a new plaform, xenForo. Most of the function of the forum should work in familiar ways. Please note that you can switch between light and dark modes by clicking on the gear icon in the upper right of the main menu bar. We are hoping that this new platform will prove to be faster and more reliable. Please feel free to explore its features.

Completely Unwoven: Business, Economics, and Tax Policy 4.0

Status
Not open for further replies.
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

dxmnkd316 said:
When I say big boy pants, I don't mean any of us. I'm talking people with tens of millions in liquid assets. Certainly millions as a minimum. I'm not talking about a rinkydink PMA either.
Click to expand...

Brown Bros. accounts - $5MM in assets before you can even apply to get an account there.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

I know my dad has a sizable account with Wells Fargo, plus a mortgage, and a bunch of other stuff that qualifies him for a couple of exclusive perks. Even he couldn't get an options account with some of the extra options trading options. He spent a couple hours trying to call around to get permission and figure out how to enable it on his account. He eventually had some luck, but not exactly what he was looking for. They just don't let individual morons trade with the big boys anymore. Certainly not naked margins or complex options.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Gee, maybe Fred Farmer from rural Iowa should've thought about this before supporting Trump.

http://money.cnn.com/2017/02/13/new...medium=website&utm_content=link&ICID=ref_fark

My favorite part is that they're some of the biggest beneficiaries of NAFTA. Too bad the damage will still impact my family since the state coffers will get dinged heavily if this actually comes to pass.
 
Last edited:
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

unofan said:
Gee, maybe Fred Farmer from rural Iowa should've thought about this before supporting Trump.

http://money.cnn.com/2017/02/13/new...medium=website&utm_content=link&ICID=ref_fark

My favorite part is that they're some of the biggest beneficiaries of NAFTA. Too bad the damage will still impact my family since the state coffers will get dinged heavily if this actually comes to pass.
Click to expand...

Gee I wonder if this will get as much attention as Carrier did? I bet not.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

http://www.forbes.com/sites/antoine...einz-heads-abroad-in-the-age-of-donald-trump/

On Friday morning, Kraft Heinz said it has made an unsolicited takeover offer for Anglo/Dutch consumer products giant Unilever, a surprise move that would yield one of the biggest corporate acquisitions in history at a value of around $143 billion.
Click to expand...

Kraft Heinz is backed by Berkshire Hathaway and it is run by Warren Buffett's favorite deal-making partner, Brazilian private equity firm 3G Capital. Four years ago, Buffett and 3G Capital partnered on a $28 billion takeover of Pittsburgh-based ketchup giant Heinz. Within two years 3G Capital partner Bernardo Hees, Heinz's CEO, oversaw a dramatic improvement in the ketchup-maker's profitability.

Through plant closings, job cuts, and a ruthless focus on costs, 3G Capital increased Heinz's earnings before interest, taxes, depreciation and amortization (EBITDA) by 35% to $2.8 billion, or 800 basis points, in two years' time. Then 3G Capital sets sights on a new target, buying Kraft Foods for nearly $40 billion in March 2015. Again came a steady beat of plant closings, job cuts, and increased profits. In the fourth quarter, Kraft Heinz saw its operating income surge 22% year-over-year, despite a 3.7% decline in net sales and modest 1.6% increase in organic sales.
Click to expand...

Has Berkshire really just been a bigger and better Bain Capital?
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

dxmnkd316 said:
http://www.forbes.com/sites/antoine...einz-heads-abroad-in-the-age-of-donald-trump/





Has Berkshire really just been a bigger and better Bain Capital?
Click to expand...

Is that really a surprise to anybody? If a capital/finance company is purchasing a retailer or manufacturer, their sole purpose is to find ways to make it more profitable. They hire specialists to change the menus of restaurants, streamline the distribution logistics of retailer and manufacturers, and find ways to automate as many processes as possible.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

St. Clown said:
Is that really a surprise to anybody? If a capital/finance company is purchasing a retailer or manufacturer, their sole purpose is to find ways to make it more profitable. They hire specialists to change the menus of restaurants, streamline the distribution logistics of retailer and manufacturers, and find ways to automate as many processes as possible.
Click to expand...

So essentially our entire economy is Bain Capital.

We can look forward to a day where institutional investors are trillionaires and nobody has a job. Awesome.

I actually mean that. I hate working.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Kepler said:
So essentially our entire economy is Bain Capital.

We can look forward to a day where institutional investors are trillionaires and nobody has a job. Awesome.

I actually mean that. I hate working.
Click to expand...

So long as small companies try to grow their businesses through IPOs and don't streamline themselves first, then yes.
 
unofan said:
Traditionally, no, because Berkshire traditionally leaves management in place. But I think as it's gotten bigger, it's had to branch out to more deals like the Kraft one just to use its money on hand.
Click to expand...

That's 3G making those decisions, Berkshire is just putting up the money. It's really the only way that Berkshire can deploy their growing capital as they are just getting too big.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Dan Gilbert's latest ode to his ego

Positive me says, "All new development is good for us in the long run."

Cynical me says, "Just what Detroit needs - more housing for the 1%, built in part on tax breaks given to the billionaire who's going to construct and own it."
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

Tired of Southwest?

DEAL: Gulfstream G5 from West Palm Beach, FL to Van Nuys, CA (Los Angeles area) ONE WAY for $36K which includes Complimentary Concierge Service and Plane-Side Pickup/ Drop Off. Offer ends 2/23. Contact Charter@EndeavorJetCharters.com today!!
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

joecct said:
Tired of Southwest?

DEAL: Gulfstream G5 from West Palm Beach, FL to Van Nuys, CA (Los Angeles area) ONE WAY for $36K which includes Complimentary Concierge Service and Plane-Side Pickup/ Drop Off. Offer ends 2/23. Contact Charter@EndeavorJetCharters.com today!!
Click to expand...

Sucker!

Norwegian is offering flights to Europe for $65.

http://www.usatoday.com/story/trave...wegians-65-fares-europe-whats-catch/98292866/
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

5mn_Major said:
Sucker!

Norwegian is offering flights to Europe for $65.

http://www.usatoday.com/story/trave...wegians-65-fares-europe-whats-catch/98292866/
Click to expand...

Yeah, but they treat their employees like dirt. Even compared to other airlines, their management is the most miserly scum of the bunch, openly circumventing Norway's labor laws using a web of subsidiaries, staffing companies, and leasing contracts.

The only positive coming out of their US expansion is that it's forcing our legacy carriers to lower their European fares to compete. There are some good deals to Europe this summer/fall if you poke around and are flexible on dates and destinations.
 
Re: Completely Unwoven: Business, Economics, and Tax Policy 4.0

joecct said:
You know if they do that, NYC goes kaput.
Click to expand...

The billionaires don't matter, only their money. They themselves are no more or less capable than a guy picked at random on a subway.

Just repatriot the money from the tax shelters and tax wealth over $1B at 99.99%. Re-steal what they stole. The world will keep on spinning and our entrepeneurs will have to be satisfied at being worth $999,999,999.99.

Do the above and sink every penny into giving every citizen an equal shot at the American dream, and we'll have 1000x the super-capable people at the top and all the efficiency and synergy that implies. Everybody wins but Ivanka, and quite frankly, f-ck Ivanka.
 
Status
Not open for further replies.
Back
Top