The Official Treehouse Articles Thread

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Yes, I was mostly kidding, I think this crowd would be honorable to each other
 
Cool buffalo story

 
rather rad article, probably 8-10 minute read, worth it imo, lmk. Definitely some lols in it.

The Hadza are totally, well, wild.

 
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1st web page was 4KB. In 2012 average size was 800KB, now over 2300KB today. One news website is 3500KB & 7 seconds to load, but the ads push that up to 16,600KB and 33 seconds.

Are people retarded? I feel like at some point we are going backward. Just the ads and even built in popups get obnoxious.

Imagine cutting a tree for a customer, then stopping just after you got started to offer the customer some recommendations to grind extra stumps they don't even have, and to apply fertilizer around the trees you are cutting down, followed by some paid sponsors to hand the customer some roofing and window replacement pamphlets with the sales pitch whether they want it or not.

I'd like to see the owners of Lowes, Home Depot, ect try to use their websites on a regular basis, or the food packagers try to open the "easy open" packages they still haven't figured out how to get right after decades.
 
I shot a groundhog the other day, It instantly flipped on its back and laid there. I put the rifle up, came back, and it was gone. Just a penny size drop of blood where it had been laying. Animals are tough.
 
"This imbalance has turned policymakers and entrepreneurs like Mr. Anderson toward a large and underappreciated market: the 145 million or so homes that already exist."
 
Idk. But anyway the article raises some good points regarding boomers with big houses and empty rooms.
 
At this point I think rentals, especially big business owned, should be severely limited in number, and maybe the rate should be limited too. Big biz over paying for regular houses just to turn them into overpriced rentals does not help affordability.

Apparently in Australia the government wants house prices to keep rising, and they seem to have similar problems to the US regarding many things like immigration, the covid laws, and such, as if this is some global plan.
 
Any of you financial gurus capiche this stuff? It's from a book- In her new book, Bad Company, journalist Megan Greenwell shows how the secretive industry has insinuated itself into average Americans’ lives.

An excerpt:

Leveraged buyouts are a huge percentage of what private equity does. The basic way leveraged buyouts work is that the private-equity firm bundles together money from their outside investors—university endowments, pension funds, ultrawealthy individuals. But that only ends up making up a small minority of the total money they use to acquire a company. The rest of the money is bank loans, and those bank loans are assigned not to the private-equity firm that made the decision to borrow that money, but to the company that they are acquiring.

So if I make an offer for your company, and I’m borrowing money to buy it, I’m not responsible for paying that money back; only you are. You end up with this complete divorce of incentives, where what is good for the private-equity firm is not necessarily what’s good for the portfolio company.

In industries that are real estate heavy—hospitals, retail, newspapers—private-equity firms will sell off the real estate assets of those companies to pocket the proceeds themselves. Then the portfolio company has to pay rent on the same land that they may have owned for years or decades. Now you have a situation where the private-equity firm is doing great because they’re collecting their management fees, plus they got this tidy little profit from the real estate sale, but their portfolio company is buried under debt from the acquisition and also rent payments where they previously owned their land outright.

You see the two paths start to diverge. The private-equity company is winning, and the portfolio company is getting weaker and weaker and weaker
 
Some comments from a YT video I recently didn't watch, might be fitting to your post.

"It seems like they are willing to destroy far more value than they end up capturing."Exactly. It's like meth addicts breaking into a house and pulling out the copper plumbing and wiring. They'll get $40 worth of copper scrap, but it costs the homeowner $5,000. We have literal drug addicts metaphorically stripping the copper out of the walls of this nation."

"They'll burn down all the forests to make off with five or six more trees."

"The “hit” of acquiring more, more, more is literally the experience of addiction. Addicts get put in rehab, not in power."

"People are "very rich already," in most cases, because they have always been and remain obsessed with amassing more."

"obsessed with wealth accumulation and, let's say, "morally flexible" enough to do the kinds of things to others that that kind of massive wealth accumulation demands."

"I once heard a tale of a a bank robbery getaway driver that had the money in the car before his accomplice got in. Cops shot the accomplice, getaway driver hightailed it out of there. Two million dollars. In 1968. And he doesn't have to share it with anybody. He told this tale after he got out of prison. He didn't get caught in a high-speed chase, no: he got caught robbing another bank. When asked why he would risk getting caught when he already had two million dollars, he said " I looked at the bags and I thought - 'It isn't enough.' "Becoming wealthy means choosing to make money *for the sake of making money*. For the wealthy, like the bank robber, it isn't enough. It's Never Enough."
 
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