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Comment Re:Naive, because most investors (especially VCs). (Score 2) 438

You presume that case where the lady sued McDonalds because the coffee was hot was a frivolous case.

You have to be able to try to sue anyone for anything. It's up to the system to decide which cases are frivolous and which cases are not. Otherwise you may never be able to hold accountable those that should be because on the surface what they did doesn't seem like a big deal.

Comment Re:Prevention cheaper (Score 1) 234

I think they monitor any e-mail the employee sends; not just personal e-mails. I.e. e-mails that go from Bob the programmer to Jenny the accounts-receivable lady explaining how to use the new version of the "Just Pay Me" software would be analysed to see if Bob is getting sick of working at AAA Dodads.

Comment Re:woohoo (Score 1) 301

A lot of people treat it that way and that's where value investors make their money.

Take a listen to Roger Montgomery's latest ASX podcast/talk


His philosophy gels well with nerds like us. He likes to treat his investing as if he were buying a whole business instead of little numbers on a screen.

Comment Re:woohoo (Score 1) 301

I sort of share your view but keep in mind that most investors will want a company to keep all of its profits and NOT pay dividends while the company is still able to make a larger return on that retained profit.

Apple has so much retained profit that it can't use it fast enough to stimulate growth. So the best thing to do is to pay some of that profit off as a dividend.

To put it another way: retaining profit and not paying dividends is the thing a company should do while it can still grow. If a company can make 30% return on equity (number out of thin air) then you want them to keep the equity they create so they can make another 30% next year. When that return on equity drops to below what you can get investing in another company or a bank account then give the investors the profits and let them put in other shares or just in a bank account.

Think of investing as a higher interest earning bank account that requires you to do a shit-tonne of analysis to make sure your money is always invested in the right place.

Comment Re:SHOULD "Apps" Cost Something? (Score 2) 523

But wouldn't the developer discount their app if they don't get the sales numbers they were after? If I were selling an app at $5 and no one bought it I'd try to price it down to $2.50 or something and see how it went. Isn't that the process you're talking about?

Isn't that the same as your $10M house example? If my house were on the market for $10M and no one bought it, then it'd be on the market for a year (or month, whatever) before I finally cracked and reduced the price to something that would sell.

Sure the app store doesn't have that direct price negotiation but neither does a website with an app for purchase. I can't just negotiate a cheaper price with Adobe for Photoshop! But Adobe can reduce the price of the software if they feel the lower price will yield more sales.

Comment Re:SHOULD "Apps" Cost Something? (Score 2) 523

The 30% that Apple takes is a bargain! Let them handle distribution, credit card payment and to some degree marketing & exposure.

You're not helping the developer by not buying their app just because you don't want Apple taking the developer's money. The fact is that the developer can focus on coding rather than all the messy human stuff thanks to Apple.

Comment Re:Reflections (Score 1) 960

Seriously. Sorry, I know there are a lot of programmers on Slashdot and you think you know everything there is about computers, but most software developers I've known, no matter how brilliant, don't understand how to do IT support. They don't know how to make a stable system. They're one step away from the guy who wants admin access to his own machine because he upgraded his own video card once and he "knows what he's doing".

Now depending on the situation, it may still be a good idea to give developers some more leeway, but only because they need it. It can be a necessary evil, but be sure to have an "software developer" image ready, because they *will* trash their computers and expect you to fix it immediately.

I don't mean to make flamebait, but it needs to be said.

Yeah fair enough. Sometimes we do need more privileges but I agree that even a developer that *does* know what he's doing will still lunch his computer at some point. Whenever I've needed help from IT (I'm a developer) I've always been apologetic and accepted their time constraints. Are not most developers like this?

Comment Re:Seriously?! (Score 0) 330

I don't buy it as a hipster e-penis. So I have no interest in wasting my time with rigid-functionality cripple-gadgets.)


I don't see the value in a Louis Vutton wallet because in my opinion they look awful and are overly expensive for what they are. I don't, though, go around criticising people for having them. I just make my choice as a FREE CONSUMER and not buy one.

I used to think Apple fanboys were preachy and annoying but they have nothing on the Andriod Ninnies that feel the need for everyone to have Android phones.

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