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Vegas64

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Everything posted by Vegas64

  1. What happened to Boban being too proud to come up for mop up garbage time?
  2. give me odds and i'll make a bet with you if you are pretty sure about Game 7
  3. This one ain't over. Almost all the Mavs games going back to the Utah series seem to be won or lost in the 3rd quarter.
  4. Every single time something awesome happens defensively the house is ready to explode but then Dallas misses an offensive three or jam on the transition.
  5. I feel like the literal very next line clears up a little vagary, though: “This wasn’t my decision,” Beykpour wrote. That doesnt sound like a man who resigned or quit.
  6. Asking someone to quit while on pat leave seems illegal: Twitter announced Thursday that it was pausing hiring, cutting costs and restructuring its leadership, as the company tries to prepare for Elon Musk’s $44 billion takeover. The company said it won’t take on new employees and may cancel offers already out, according to an internal memo seen by several media outlets. Two of Twitter’s top executives are also leaving: Kayvon Beykpour, head of consumer product, and Bruce Falck, general manager for revenue. Beykpour tweeted that he was on paternity leave when CEO Parag Agrawal contacted him and asked him to quit. “This wasn’t my decision,” Beykpour wrote.
  7. No. The first big domino I guess you could say was AirBnB's announcement they would honor the payscale no matter the area. It was a pretty big newsmaker and deal. Salesforce has announced they are listing jobs not by location but by timezone with the implication being, work wherever you want as long as you are available these consecutive 8 hours in this time zone. But who knows on the pay rate. So short answer the dust hasn't settled and I don't think it will for a while. Especially since we are about to enter into less hiring and hiring freezes, I fear, it won't be a priority.
  8. Another chicken or egg thing is that companies can really only thrive where they have access to smart, young (read: cheaper) people. That usually means you need a pipeline from a prestigious university in or nearby.
  9. Actually, since you mentioned Covid, I think a lot of our early assumptions were wrong with how the pandemic played out and how it affected business. I haven't seen the actuals, but it's widely held and accept that "pandemic stocks" who were riding high like Zoom and Peloton and Netflix other Tech companies, they have all given back their pandemic gains and are at or below pre-pandemic levels. We thought the pandemic would hurt the worker so we supported businesses with PPP and relief packages for people, but it's really only "post-covid" I think the effects will be felt and we are starting to see it now. IOW, the hogs getting slaughtered or about to be slaughtered are workers who work for companies getting slaughtered in the market.
  10. Here is the thing though, these companies that have weak leadership and are shareholder-value zombies, when they don't adapt they get disrupted. That disruption allows for a whole new modality and industries even which creates whole new careers and jobs. It's all very dynamic and driven by the pursuit of EBITDA or whatever. This is why I disagree with SnakeDiggity, the worker will not always have leverage. It's been a fantastic run the past decade and we've been lulled into a trance that the worker is taking power back from the company, but stocks are falling and the winter is coming. I was on a work call just yesterday where everyone was asking "what is the next big thing? what is the next big disruption?" because you always need to be disrupting markets for workers to keep leverage. It's the analogous problem you hear about the content creator celebrities, it's a hamster wheel where you constantly have to keep churning out new and good content to keep subscribers and views to make money.
  11. I'll check out that video and I take your word on it but going from $100k to below poverty level after expenses seems...extreme. But it doesn't matter because while companies like Walmart try to attract and retain truck drivers with higher pay rates in the short term, an existential threat looms for drivers. A University of Michigan study found that self-driving trucks could eliminate about 500,000 jobs in the coming years. It's a tale as old as the industrial revolution, I guess.
  12. I thought I read last week that Walmart was paying up to 110k for truckers. Maybe you meant Jack in the box workers.
  13. Read this review of Jack Harlow and I guess I'm just a hater because I don't like any of his songs (maaaaaybe Tyler Herro) and loved this take down of his latest crappy album. And I'm not racist, I like Post Malone: https://pitchfork.com/reviews/albums/jack-harlow-come-home-the-kids-miss-you/
  14. Good thoughts here. I think that as Warren Buffett once said, when the tide comes back out we are going to be see who has been swimming naked. Most workers (heck even me) have gotten too comfortable with my earning power because of the 10 year heater we've been on. I forget how long a good salary and good insurance goes in a recession. And in a recession it's a sellers market.
  15. I'm thinking Game 2 when the Mavs kinda quit too and then last night both games were blowouts not just the Mavs. Probably this is such an historic bloodbath I have a bit of recency bias though. If you are Memphis why not just save your legs and let the bottom of your roster play? I don't think GSW starters will play in the 4th at all.
  16. Luka and Ja are similar in that way. Clearly amazing players but sometimes it can feel as if their priority isn't efficient or making other NBA players around you better. It's interesting if nothing else. I can't remember as many blowouts and giving up before the game is over in the NBA playoffs ever.
  17. This isn't going to help those trying to discredit the vocal minority who were saying Memphis was actually better without Ja and won 25 games without him, etc.
  18. As someone with no money in markets and no dog in this fight, I just ate a sandwich:
  19. I like Ayton just from the simple fact that if Dallas had him, they'd win it all. He's a good big man.
  20. I agree. It's bad personal business. Again, though, we have a generation of folks (2010 grads and beyond) who have known nothing but a bull market that rains money and opportunity. It's like being on a heater at the blackjack table for 10 hands in a row and never having lived through a couple of bad beats and losing decks. When it comes, attitudes and mindsets will shift, both from employers and employees. Our economy is a dynamic one with ebbs and flows and puts and takes and puts and pulls-- to think we were just going to grow forever because TINA or Financial Manifest Destiny is silly and for the younger folks unless they take heed from their seniors, parents, elders, mentors whomever, they have to live through bear markets and recessions before they get their arms around what the American economy, jobs, etc. is really about. In my opinion. And it's going to get really bad for the younger generation as we head into the recession. There are like three well written articles out the past two weeks alone about how Generation Z's or Alphas whatever they are called, are already over their skis in the boom times! The Buy Now Pay Later companies like Affirm, Afterpay, Klarna, etc. "few of the services do significant credit checks, which would help determine whether people will be able to repay the loans. And plenty of people are spending more than they can afford: 43% of Gen Z users have missed at least one payment, according to a survey by the polling site Piplsay. Of Gen Z consumers who used a point-of-sale loan for something they needed, 30% missed at least two payments, according to a survey by Credit Karma." Attitude adjustments are coming.
  21. There are a lot of younger people who have never professionally lived through a recession who are about to have a rude awakening. Summer children of the “more jobs than people” buyers market has many people in many industries accustomed to being sought after and accommodated with increasing perks and many options to leave for more money, faster career growth, or just the first slight to their ego. Attitudes change quickly when employers tighten their belts, freeze hiring and then start laying off and all of a sudden that crappy job seems like a pretty good deal. Einstein had a story about a hand on a stove that highlights the phenomenon better than me, but that’s my opinion.
  22. Anyone read any Joshua Cohen? He's been one of the more interesting writers for the last 7 or 8 years (and is even the recipient of one of the best critical review burns), and he's been on my radar as I've been wanting to read Book of Numbers for a while. He just won this year's Pulitzer with a book that is supposed to be flat out amazing. I've ordered it today: https://www.pulitzer.org/winners/joshua-cohen
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