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Posts by CunningSmeagol

I've screwed a screw hook rated to 100lbs horizontally into a ceiling joist. The pulley is rated to 400lbs. The rope is under about 30 lbs of tension (hanging a plant, just watered). I'm worried about splitting the wood - I drilled a pilot hole and the screw is threaded in a bit more than an inch. Should I be concerned?
A lot of people will say it's stupid, but I found it totally fascinating.
Real life does have winners, losers, and competition, but I don't see what's wrong with letting kids self-select into after-school teams, rather than forcing them to play in gym class (where many who also play after school ruin the competition anyway).
Follow-up question: has anyone implemented any of the ideas described in the book in a process, manufacturing or otherwise? I would love to hear any success or failure stories.
I know this thread is mostly of the joking kind, but there's a neat paper on cigarettes as currency in a POW camp. Here's an excerpt describing the problem with using currency that has strong intrinsic, non-monetary value: THE CIGARETTE CURRENCY Although cigarettes as currency exhibited certain peculiarities, they performed all the functions of a metallic currency as a unit of account, as a measure of value and as a store of value, and shared most of its characteristics....
It is awesome. I'm in the middle of it and totally absorbed.
Gold is valuable because it is reasonably scarce, easily divisible, not easily counterfeited or destroyed, doesn't perish and therefore is usable as a medium of exchange and store of value, i.e. money. People will always be better off using money than by bartering - otherwise you need people who are willing to hold something inconvenient or a coincidence of wants. It's just a question of what money they turn to. Gold is like totally awesome as money for the reasons listed...
Yep. Agreed. Why isn't your school making book recs and doing mock interviews?
What's HBS stand for?
Do an E/W program at a top 5-10 school (depending on your location, you may have to fly in, making this option less attractive). Recruit into an IB associate position then interview in 3-4 years for asset management. While you're at b-school, take entrepreneurial courses and learn how to talk to VCs, and meet people who are also entrepreneurial minded and get involved in a startup. I'm guessing your current job is basically 9-5, so you should have plenty of time to do...
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