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Comment the day after Thanksgiving = turning a profit (Score 1) 139

> the day after Thanksgiving marked the occasion when America's stores finally turned a profit. This myth always gets repeated, but is very wrong. Just look at any publicly traded retailer, and the profitable ones report a profit every single quarter, not just the fourth quarter.

Comment I read the linked USA Today article (Score 1) 139

"In their quest to attract shoppers, stores will partner with big-name manufacturers to create "derivative models" — stripped-down versions of pre-existing TVs. These TVs, made specifically for Black Friday, are often not as good as the model they're based on: The picture may be lesser quality, or the warranty may be altered. There could be some missing features or components....... Most notably, Best Buy's model lacks smart TV features, and doesn't offer as many settings: It has just two different aspect ratios to choose from, while the non-Best Buy-specific version has six." Lacking smart TV features is a good thing.

Comment Re:The stock market (Score 1) 113

Forget about trading. Just invest and watch your account go up. The stock market is up 200% over the past 6 years, and it's nowhere near done. After having 2 huge crashes in 8 years (2000 and 2008), the central banks will NOT allow another crash so soon - that would wipe out all confidence in the system and they can't have that.

Never appeal to a man's "better nature." He may not have one. Invoking his self-interest gives you more leverage. -- Lazarus Long