I hope - Page 3

On February 26 2013 05:09 JieXian wrote:
I was about to write this in the other blog but maybe if you don't like money minded people maybe you just shouldn't be a magnet for it and rent a smaller apartmenet or something :D

On February 26 2013 04:09 Harrad wrote:
great, albeit bittersweet read.

On February 26 2013 04:49 [UoN]Sentinel wrote:
You don't get my 5 until I see some results.

4 for effort

On February 26 2013 07:08 snively wrote:


oh man i really really like that line :D

Onassis' best invention, however, was the O.P.M. (Other People's Money). This idea wasn't originally created by Ari, even though he was a pioneer in the field. Credit for this innovation goes to Daniel Ludwig, a Michigan businessman. The bank refused a loan that would provide for the conversion of a transport ship into a tanker. However, Daniel had an idea; he could give a guarantee to the bank on an oil tanker that he already possessed, while he could use the profits from his transports as an identity to the bank.

The solution to this problem loan was actually simple and ingenious. Daniel Ludwig by now had perfected this technique, and defined it himself as the O.P.M. He asked the bank for a loan towards the construction of new ships but did not change the way he used the ships he already owned. The loan had to be deferred in different payments in order to permit the banks to be repaid before the new ships were actually built. The loan's guarantee came from the profits of the ships already on the water.

The banks called the operation of O.P.M. "card at double-name," for they possessed a double guarantee on their loans. Ludwig grew rich, but he never became a big ship owner. He invested the money he obtained in different areas, with the notable exception of shipping, and although his fleet was bigger than that of Onassis or Niarhos, did not play an important role in the industry.

On February 26 2013 08:20 Shady Sands wrote:

I can't, my brother and I jointly own the apartment I live in (we picked it up at a foreclosure auction)

On February 26 2013 23:47 JieXian wrote:


It depends on how far you agree with me really.

If you were to take it to an extreme you'd rent a shack, drive a Datsun Sunny, and wear singlets with torn jeans.

I hope you get my point even if you don't agree

On February 27 2013 04:45 Aerisky wrote:
This is unrelated to this blog, but I thought you'd find this interesting. I remember taking about so-called human capital with you. Lo and behold, it's a thing. I also liked the dual-wielding cowboy and proposal images. Wish I could come up with something like that.

http://theverge.com/2013/2/26/4031938/new-crowdfunding-platforms-let-you-sell-stock-in-yourself

On February 26 2013 23:53 Shady Sands wrote:

I mean yeah, I get it. I think there's a baseline standard of creature comforts most girls aspire to. There's a reason ascetic monks don't get laid.

On February 27 2013 04:45 Aerisky wrote:
This is unrelated to this blog, but I thought you'd find this interesting. I remember taking about so-called human capital with you. Lo and behold, it's a thing. I also liked the dual-wielding cowboy and proposal images. Wish I could come up with something like that.

http://theverge.com/2013/2/26/4031938/new-crowdfunding-platforms-let-you-sell-stock-in-yourself

On February 25 2013 06:03 babylon wrote:

If they are attracted to you for certain qualities that you purposefully play up, you shouldn't be surprised when they tend to value those "fake" qualities of you more highly than other aspects of yourself. You are advertising yourself as A, B, C. You will attract girls who like A, B, C. Don't bemoan that they don't care about D when D wasn't even in the ad.