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Catullus16
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Originally posted by Cuivienen
You can rant about shit all you want, but going from 100 to 1000 doesn't magically get harder after the first time you fail. It is just as hard.

exactly. there is no such thing as improvement because it is impossible to learn from mistakes. we have no frontal lobe, which is why everything in life is just a dice roll. or not, maybe rolling dice makes the universe explode, there's no way to predict from experience.

Originally posted by Cuivienen
Going from 10,000 to 100,000 is arguably harder, because if you really fuck up, you are back down to 100 and now you need to struggle just to get back to 10,000 before you can even attempt 100,000 again.

similarly, going from 100 to 10,000 is harder yet because if you really fuck up, you are back down to zero and now you're out of the game.

which, of course, is what you were trying to argue against. please insert coin to continue.
 
Camuel
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You cats are crazy.

 
Cowpoker
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Originally posted by Cuivienen
cp, you are usually not this stupid.

You can rant about shit all you want, but going from 100 to 1000 doesn't magically get harder after the first time you fail. It is just as hard.

Going from 10,000 to 100,000 is arguably harder, because if you really fuck up, you are back down to 100 and now you need to struggle just to get back to 10,000 before you can even attempt 100,000 again.

And you're wrong on the business side too. You've now changed your argument on that front, but your new scenario doesn't prove anything.


I think you should read the posts over and sleep on it. First off, I don't know where you got the idea that it magically gets harder if you make money and lose and then have to do it again. I said it takes a lot of work and it really does take a lot of work.

An real world example of exactly what I was talking about doesn't prove it because you disagreed with the original opinion, get some sleep.
 
Cuivienen
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Originally posted by Cowpoker
I think you should read the posts over and sleep on it. First off, I don't know where you got the idea that it magically gets harder if you make money and lose and then have to do it again. I said it takes a lot of work and it really does take a lot of work.

An real world example of exactly what I was talking about doesn't prove it because you disagreed with the original opinion, get some sleep.


This post makes your thinking a bit clearer. You're obviously struggling to read. Get some education.
 
Catullus16
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a cuiv's gotta cuiv
 
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It's so easy being poor, and being wealthy is an absolute struggle.
 
Cowpoker
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Originally posted by Cuivienen
This post makes your thinking a bit clearer. You're obviously struggling to read. Get some education.


Obviously saying the same thing a 2nd time makes it clearer.
 
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Originally posted by Cowpoker
Obviously saying the same thing a 2nd time makes it clearer.


No dude, no one in life has it harder than wealthy people.
 
Roughneck
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Originally posted by Cowpoker
We are talking about poor people, very few poor people have a huge positive cash flow or owned assets because that would make them not poor !


I think theres a much greater change in mentality necessary for a person to make the habitual, character and valuation choices needed to go from 'not quite having enough' to 'we have 'enough' now. They have to engage their minds to stop accepting their situation and to welcome radical changes.

These changes are much different than those needed for a person to go from $10G to $100G. If it wasnt so major, there would be a lot more people overcoming their debt and expenses to net themselves in the black at least. On the contrary you could argue that business acumen and network and how you find your partners must change significantly - I mean, how can the Bills lose the Super Bowl 4 times in a row, right? I still think the jump and personal change needed between personal debt and surplus is larger than between 'much and much more'

 
Cowpoker
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Originally posted by Roughneck
I think theres a much greater change in mentality necessary for a person to make the habitual, character and valuation choices needed to go from 'not quite having enough' to 'we have 'enough' now. They have to engage their minds to stop accepting their situation and to welcome radical changes.

These changes are much different than those needed for a person to go from $10G to $100G. If it wasnt so major, there would be a lot more people overcoming their debt and expenses to net themselves in the black at least. On the contrary you could argue that business acumen and network and how you find your partners must change significantly - I mean, how can the Bills lose the Super Bowl 4 times in a row, right? I still think the jump and personal change needed between personal debt and surplus is larger than between 'much and much more'



For most people, I would agree because if you are currently in debt, you have already spent more then you make so unless there is a significant increase in the money coming in, you should expect to have to live below your current standard to pay that off. The only exception being if you borrowed money on something that will also increase your future income, mostly applies to businesses though.
 
Cowpoker
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Originally posted by glbisthewaytobe
No dude, no one in life has it harder than wealthy people.


He is just speaking like a banker, 5% margin with a 50% debt to asset ratio is how a banker will read a financial sheet and not pay as much attention to the actual future of the business because on paper, they are capable of paying their borrowed money back. To a business person, 5% margin with a 50% debt to asset ratio is completely different if your gross revenue is $100,000 to a company with the same margin and ratio whose gross revenue is 1 million. Bankers look at it over the life of a loan, business owners need to look at their situation well past the life of their various term loans.

Look at all the small oil drilling companies and support companies that thrived and are now gone, more hanging by a thread but I doubt that Exxon is in any real danger of going belly up.
 
Cuivienen
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Originally posted by Cowpoker
He is just speaking like a banker


lolno

You still don't understand what I wrote.

And you are unaware that there are plenty of small businesses with high margins and plenty of large ones with low margins. And any business, large or small, can elect whatever capital structure they want.
 
Cowpoker
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Originally posted by Cuivienen
lolno

You still don't understand what I wrote.

And you are unaware that there are plenty of small businesses with high margins and plenty of large ones with low margins. And any business, large or small, can elect whatever capital structure they want.


In other words, how much cash you have and how much debt you have mean something. Almost like if you have a lot of cash and very little debt, you can absorb low periods and sustain longer then those without. All of that sounds familiar to a conversation we were having.
 
Catullus16
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cowpoker, try phrasing the concept in mana and hit points
 
Vuijox
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Originally posted by Catullus16
please insert coin to continue.


ohyou.jpg
 
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