• Mature industry doesn’t always mean low margin.

• Low margin doesn’t always mean low return.

• Tech doesn’t always mean high margin.

• Tech doesn’t always mean high return.

• “Investors” like returns above the market average. S&P 500 5-year total return is about 45%. WMT 5-year total return is about 76%.

Oh shit! Yeah that def sounds like MADD. Very cool how you shook it off by yourself tho!

But they know that this sort of thing happened. The KKK, Civil War, lynching.

The US education system does a good job of making every person aware of our original sin, and how long it persisted beyond emancipation.

Yet and still you’ve acknowledged me I must be saying something! You mad lol

I think you’re waaaay over rating how much our education system can get into kids heads, and over rating the importance of this incident in the whole history of Georgia.

Around the same ~18% profit from total sales

Dmn, all that job and operations for ~18% of profit sounds like a bad deal but it just the shear amount of sales that make it up, I mean I wouldn’t turned down 11B but, I you were the “owner” would instead invest in other less risky business that maybe pay less but has less operations?

I guess nobody has been paying attention to inflation

Good teams score more goals on the opponent than the opponent scores on them.

Probably around the age of 12/puberty. Fantasizing and day dreaming was definitely a form of coping with a very unhappy time in my life. It probably lasted too long and I isolated myself due to it. After college, I would say that it decreased a lot, but I made a point of stopping it. I tell myself that when I’m old and I’m in a nursing home, then I can bring back the day dreaming/fantasizing. I’m in a good place in my life now and have a successful career and wonderful relationships, so wasting time on fantasizing would be pointless.

I dunno about sales tax, but the US government "makes" as much currency as it wants to through the Treasury, Fed, and banks (who also own the Fed.) They could make as much as one could want...they just don't want to...all at once anyways. It is a train wreck in slow motion with debt/GDP levels reaching levels only a person ignorant or in denial could be content with. Sure, the government does provide services. Just ask an old-timer if the food industry should regulate itself entirely. Otherwise, the government doesn't make or produce goods in any substantial fraction relative to services and contracts funded by their infinite amount of currency.

Plenty of hate to be had for Wal-Mart, but more useful to understand how we got here, why here is difficult to change, and the difference between price and value, currency and money, and so on.

To OPs beautiful-ish data, a more helpful visualization might be the cascade of taxes collected by the US and appropriated into goods and services paid to employees of $100b+ market cap companies that don't provide enough compensation for such essential-for-staying-alive goods and services.

Gotta stop this rant. Cheers.

That's very interesting! May I ask, how early on was that? I think anything before 6 doesn't count, just bc toddlers having imaginary friends and playing pretend a lot is considered normal.

Lol my thoughts exactly. I wanna see Pfizer and Eli Lily and those other big guys that rely almost entirely on prescription drugs and not OTC like J&J, and I wanna see revenue broken out by US vs international.

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Are you fucking braindead? I asked for what exact opinions are you so irritated with? Generalizing is fine, but either choose people you're irritated with or opinions. You can't just say "I don't like how everyone on Reddit is so uneducated on this incredibly broad field of knowledge but I won't articulate how or why they're uneducated or even what opinions are actually being held."

You want specifics on the ~50M active daily reddit users as a breakdown of exactly which accounts seem to not understand economics? But object to generalizations, and then ask for them?

edit - Huh, that's clever and kinda sad. Ask for more info and then block the person so they can't reply.

Never seen 5B be such a small squiggle

They have Walmart plus too, so most is probably Sams Club but not all.

This is great. It seems like some people are tripping on whether this is the % of students who take a foreign language at any point during K-12 OR if it’s the % of all K-12 students currently taking a foreign language class.

As another axis for analysis, it would be interesting to see how these figures have changed over the years (like, do we see a sharp uptick with college language requirements after 1968’s bilingual education act?). Or, as an accumulation of language credits through 12th grade, when most of these classes take place.

I literally asked which specific takes were they talking about? How am I supposed to guess what opinions this guy judges as "uneducated"? Who exactly is misunderstanding economics and what are they misunderstanding about it? What exact opinions are you irritated by? Like you bitches just circle jerk over vague animosity toward people you can't even articulate and I'm just supposed to know who you're talking about. So enlighten me, what are the popular opinions about economics on Reddit?

Well, since you're so civil and friendly, I'll explain.

If you actually took the time to read the comments from other people, and not just fixate on your entitlement to be spoon fed information, and had maybe passed even high school economics you would see that there are a lot of folks who dont understand how these things work, and are more than willing to spout innane things that make as much sense as playing chess with an asocial pigeon.

Sankey diagram

Not all goods have inelastic demand. Costs going up means people will buy less.

Thank you so much for posting this. I read the whole presentation; that was fascinating. I definitely think I would have fit the criteria earlier on in life and I have had to make a conscious choice at times to turn the fantasizing off. Thank you again, this was so interesting to learn about. Your presentation was great!

No actually I've dealt with stupid fucking assholes like you who can't answer a simple goddamn question for nearly 6 years.