Users defend it because it’s a user friendly experience. The concept is good, even if you think apple’s cut is too high. Imagine going to a grocery store and needing to go through several different checkouts depending on which products you bought.
I wish we had a delivery app where all restaurants on the platform are partners in ownership, and they cannot deny other restaurants from becoming partners.
Do you want this person to mount a full blast investigation on their own? Most banks are mostly interchangeable nowadays unless you live in a small town and there’s only one bank you must use because you’re transacting with cash. They pay nearly zero interest, and they treat their customers like trash with monthly fees galore.
You compare hip replacement quality by asking what the center's/surgeons complication rate is. How many are they having to go back and redo, a revision as they call it. It would be nice if these rates were publicly accessible in a easy to search database. As it stands now, hospitals market themselves on size, volume, and fancy buildings all of which don't mean much compared to complication rates.
This figure includes the employees of Apple contractors. It’s a representation of how many jobs Apple supports in China. Of course Apple is not directly manufacturing anything in China, but the factories and parts suppliers are very much dependent on Apple’s business.
It’s easier to entirely dismiss anything someone says when you label them as something that you don’t identify with. It’s the lazy way out. For those interested, here he is talking about some of his positions. Make of it what you want.
Think about inventory holding costs. Not only do you have capital tied up in that product in the warehouse, but you also have the opportunity cost of not being able to stock something else to sell.
And to your car dealership point - the way it works for GM at least is that GM sets sales goals for their dealers. Dealer X's monthly sales target is 75 vehicles. They will happily sell lets say vehicles 73, 74, and 75 on August 31st to get their $20k bonus for the month of August. They might not be misrepresenting their supposed price like you think. Also, the same concept of inventory holding costs applies really well for car dealers. It's purely an inventory turnover business. If your lot is full of fusions and you can sell 2 f150s in the time that you can sell 1 fusion at similar profit, you're going to want to get those fusions off the lot potentially at a loss so you can sell more f150s.
It’s not only knockoffs. A friend of mine works in CPG and their company’s biggest problem with sales through amazon is that they sell at a loss to compete with grey market sellers who are selling stolen at a much reduced price.
Tesla is ahead in many regards but they are too debt laden for a buyout at this point. A larger player would be smart to wait until the economy turns and Tesla can no longer meet debt obligations, then buy them out of bankruptcy.
> Let's say you sue for an entire year's worth of crops and you win. Then you win the appeal. And you win the appeal of the appeal. All the way up the chain. For 10 years, you win on every level.
Herein lies the beauty of a class action suit. Let the lawyers finance and worry about the lawsuit while you go on your merry way running your farm.