Gravedigga
16 years ago



If you invested a $1000 and only made $20 a year would you be happy?

"CaliforniaCheez" wrote:



in this economy? Ecstatic.

Keep believing the owners figures. I don't think you guys realize how much these "companies" play with the books to make them look how they want them to appear.

Also, even if it were the case that the owners didn't make too much or lost a little it doesn't matter. These guys throw away money like it grows on trees. From the monies paid to rookies in bonuses to overpaying free agents to overspending on facilities. They run their business like a 5 year old runs a lemonade stand and now they want to cry poverty? Get real.

Matthew Stafford 40 million guaranteed, lol. Jamarcus Russell. 100 million for albert haynesworth. Panthers just gave one guy, Peppers 17 million to play one season. And you want me to feel sorry for you. Want to try and convince me that you're so close to break even with these mindless, careless investments. The owners can go jump off a fucking bridge.
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Nonstopdrivel
16 years ago
If you would find that level of profit acceptable, Grave, then YOU'RE the gullible one and I have plenty of sweet financial deals for you. :P

Let's face it. Two percent is a terrible return on investment given the overall risk the owners shoulder (I wouldn't play for that even in a low-limit poker game!). You're focusing strictly on the raw numbers and ignoring the RISK, which is substantial. I believe it's a case of veiled class envy, which is rampant in our country these days. It's convenient, but intellectually facile, to blame the rich for all the problems this country is undergoing.

Please provide evidence that they're cooking the books or stop making these rabid allegations.
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Gravedigga
16 years ago

If you would find that level of profit acceptable, Grave, then YOU'RE the gullible one and I have plenty of sweet financial deals for you. :P

Let's face it. Two percent is a terrible return on investment given the overall risk the owners shoulder (I wouldn't play for that even in a low-limit poker game!). You're focusing strictly on the raw numbers and ignoring the RISK, which is substantial. I believe it's a case of veiled class envy, which is rampant in our country these days. It's convenient, but intellectually facile, to blame the rich for all the problems this country is undergoing.

Please provide evidence that they're cooking the books or stop making these rabid allegations.

"Nonstopdrivel" wrote:



Who says it's two percent? Because they said so? Minimal playing with financial statements can change that 2% to 20% and vice versa. My evidence lies in the fact that they don't even want to show each other the books. Let them run their business better. They already have special anti-trust laws. Every time you hear them talk it's always about "improve our team" "whatever it takes" but now when it's time to go to the bargaining table they cry poverty.

Hey, these franchises are selling for a BILLION dollars. If it wasn't profitable, they wouldn't be selling at that price. If they cant run a profitable business, there are people willing to buy it from them for plenty of money. Plus the fact they don't want to show the books and their ridiculous spending habits. Put two and two together.

Please provide evidence that they're not cooking the books :physassult:
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A wise man once said
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zombieslayer
16 years ago
I think I get what Grave is getting at when he says ecstatic in this economy. A friend of mine is a dang good stock investor. His goal is to beat the S&P 500 every year, which he manages to do. That means if it drops 20% in one year and he "only" lost 17%, he had a pretty good year and he's actually content. Which of course also means that when it raises 30% and he makes 33%, he's having a pretty good year and he's stoked.

Or another example...

Let's say you are running Ford Motor Company. Your two other American competitors go bankrupt and have to borrow money from the government. You don't take a penny because you manage your cash better than the other two combined, and you sell better cars. So, this year in this crappy economy you don't make a profit. However, you stay in business and position yourself to make a mint once this stupid recession ends.

Is that what you meant, Grave?
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Gravedigga
16 years ago

I think I get what Grave is getting at when he says ecstatic in this economy. A friend of mine is a dang good stock investor. His goal is to beat the S&P 500 every year, which he manages to do. That means if it drops 20% in one year and he "only" lost 17%, he had a pretty good year and he's actually content. Which of course also means that when it raises 30% and he makes 33%, he's having a pretty good year and he's stoked.

Or another example...

Let's say you are running Ford Motor Company. Your two other American competitors go bankrupt and have to borrow money from the government. You don't take a penny because you manage your cash better than the other two combined, and you sell better cars. So, this year in this crappy economy you don't make a profit. However, you stay in business and position yourself to make a mint once this stupid recession ends.

Is that what you meant, Grave?

"zombieslayer" wrote:



yes
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Zero2Cool
16 years ago
So, if I need to break a 20, you'll give me three 10's... good to know!!
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