OT: - Trout to get $430mm from Angels | Page 3 | The Boneyard

OT: Trout to get $430mm from Angels

intlzncster said:
A girl friend of mine was commenting on Kylie the other day. Apparently posted 4 product placement shots on insta that day. +$4m or something for her effort. It's really amazing. Mario cheat code irl.
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Watch the Fyre Fest docs if you haven’t. One Hulu, One Netflix.
 
intlzncster said:
A girl friend of mine was commenting on Kylie the other day. Apparently posted 4 product placement shots on insta that day. +$4m or something for her effort. It's really amazing. Mario cheat code irl.
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Her surgeons deserve to be billionaires...
1127232__kylie_jenner_promo_3fdd153c69879908d3274b73745d629d.jpg
 
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superjohn said:
My apologies, I guess I should have said being a snake oil salesman/carnival barker is a skill set, just not one we should value.
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I’d consider real estate development, sales, marketing, branding, and licensing skills to learn.
 
the Q said:
I’d consider real estate development, sales, marketing, branding, and licensing skills to learn.
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Aren't almost all of those skills the same that the Kardashians have? Not trying to Cesspool this, but there's very little difference. They're both the products of inherited wealth and celebrity/reality culture.
 
the Q said:
1) golden parachutes are normal. That’s how you attract top talent. Just like baseball.
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Not "just like baseball". In baseball, you carry insurance on potentially bad contracts and there's always a likelihood you can swap out a bad contract to another team (see Kemp, Matt to Reds). Players don't suddenly get a new huge windfall when they fail and the team wants to dump them. They just get their remaining salary should the team have to eat that amount.

What you are applauding is a game that's only played by the 1% for the 1% and why the stock market is about the least useful gauge of the economy these days. Most BoDs couldn't care less about the welfare of their neighbors or humanity and the whole concept of quarterly reporting has proven time and again to be non-productive.

I love Yang's plan to institute a VAT. He's worth my switching party affiliation.
 
storrsroars said:
Not "just like baseball". In baseball, you carry insurance on potentially bad contracts and there's always a likelihood you can swap out a bad contract to another team (see Kemp, Matt to Reds). Players don't suddenly get a new huge windfall when they fail and the team wants to dump them. They just get their remaining salary should the team have to eat that amount.

What you are applauding is a game that's only played by the 1% for the 1% and why the stock market is about the least useful gauge of the economy these days. Most BoDs couldn't care less about the welfare of their neighbors or humanity and the whole concept of quarterly reporting has proven time and again to be non-productive.

I love Yang's plan to institute a VAT. He's worth my switching party affiliation.
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You have insurance for injuries. Not performance
 
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the Q said:
You have insurance for injuries. Not performance
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You get insurance on big contracts so that if the player gets injured (Prince Fielder, David Wright) and it affects their performance to the point where the contract has to be eaten, you're protected. You're not buying insurance AFTER the injury.

Point remains, golden parachutes are not like compensation in baseball. If anything, all you're buying is a corporate bureaucrat with little to no impact on either innovation or the bottom line. If these folks were truly any good they'd be entrepreneurs.
 
the Q said:
1) golden parachutes are normal. That’s how you attract top talent. Just like baseball.

2) it’s amazing when you see a $3.4b market cap as “pitiful” when like 90% of companies would kill for that.
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Do yourself a favor and stop.
 
the Q said:
You have no idea what you’re talking about
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Ah, grasshopper, but I do. And it's why I left "corporate" years ago to work with startups and my own businesses. Sure, it's a comfy living and "security", but unlike Robert Johnson, when you sell your soul, you don't even get to be a good guitar player. I have a bit of experience in M&A, albeit not multinationals and 20+ years with media conglomerates before I left for the startup world.

Enjoy padding your next rolling reforecast!

I'll leave you with this for some comic relief:

 
storrsroars said:
You get insurance on big contracts so that if the player gets injured (Prince Fielder, David Wright) and it affects their performance to the point where the contract has to be eaten, you're protected. You're not buying insurance AFTER the injury.

Point remains, golden parachutes are not like compensation in baseball. If anything, all you're buying is a corporate bureaucrat with little to no impact on either innovation or the bottom line. If these folks were truly any good they'd be entrepreneurs.
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It’s similar in the market. People say it’s absurd and incredibly underrated what it takes to do the job or even get there.

And why would you not take a golden parachute when your peers in the market are getting it? It’s like saying trout shouldn’t take 12 years Just because. Why should either take less?
 
storrsroars said:
You get insurance on big contracts so that if the player gets injured (Prince Fielder, David Wright) and it affects their performance to the point where the contract has to be eaten, you're protected. You're not buying insurance AFTER the injury.

Point remains, golden parachutes are not like compensation in baseball. If anything, all you're buying is a corporate bureaucrat with little to no impact on either innovation or the bottom line. If these folks were truly any good they'd be entrepreneurs.
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You’re insuring their ability to perform, not the performance itself though. I guess that’s where we’re not clicking here
 
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