GO FUND ME: online begging.

[Colonel]

Warren Buffet bought FlightSafety a few years back.  They
are crafty people who give flight training but don't bother
with any real aircraft, which keeps their costs down.

As long as you can afford a computer (getting cheaper
every day) and a pilot who's lost his medical to instruct,
I guess business is good.

[Rookie Pilot]

[quote author=Colonel Sanders link=topic=7491.msg20653#msg20653 date=1511024868]
An MBA just means that after [i]any[/i] under-graduate
degree, you took a few courses in economics, accounting
and finance.
[/quote]


Taught by who? 


You honestly think some professor, whose never worked in the private sector, never run a business, never made an investment, knows more than I do with 2 decades in capital markets? Yet they have all the answers. A lot of these people have never seen a down cycle. The next one will be really, really bad. People will lose their homes up here.


Fucking MBA's. Toilet paper. Probably ATPL's too.  CPL was a glorified PPL. ATPL Glorified CPL?


I've had 25 year olds, working in their first job at the corner bank as a financial advisor, sneer down their nose at me when I've politely engaged them. Funny, the odd 300 hour class 4, whose almost never left the circuit, has done the same thing. 


I'm thinking,  who the fuck are you, snot nosed excuse for an adult?


People think they know everything.  I've traveled to 40 countries. Yet people who read an Article will argue with you -- instant experts.

[Rookie Pilot]

[quote author=Shiny link=topic=7491.msg20658#msg20658 date=1511027015]
[quote]They
are crafty people who give flight training but don't bother
with any real aircraft, which keeps their costs down.[/quote]

There are kids these days who don't see an airplane until they've spent 20+ hours in a simulator. Its probably the chief way schools are trying to increase their margins these days. Screw Primacy when it comes to the bottom line, right? Right.
[/quote]


Tell us more, Shiny.  What flight school did you start with your own money?


I'm sorry. "Managing" anything, doesn't earn any respect from me compared to "starting" something -- without grants, loans, mommy and Daddy help. 


"Managers" don't give a shit.  "It's Not my money" is always the attitude.  Fuck the guy who actually took risk. 


When you've done that you can talk to me about business.

[DeflectionShot]

[quote]I'm actually not doing that great these days, compared to the sheeple at least. When the credit cycle turns, as it will, I will kill them again. Blood will be in the water and sharks will feast.  Nothing ever changes. But for now the ducks are quacking loud, getting fed.
[/quote]

Credit default swaps? I read somewhere that volume is down substantially. The stock market Fat Years are back - at least on the surface.

[quote]An MBA just means that after any under-graduate
degree, you took a few courses in economics, accounting
and finance.  Again, it just gets your foot in the door.
[/quote]

Have to agree with this. We live in a credential-obsessed society. HR departments won't even look at you unless you check off the credential box for whatever industry they're recruiting for. I'm not sure that's the fault of young graduates though...they're doing what they think is best in terms of their long-term self-interest and getting credentials is part of the game.

[Rookie Pilot]

Let's have some fun, since everyone is such a fucking business expert.


Have to pick three stocks to invest in. Then stock exchange is closed for 2 years. Can't touch it.


What are your picks, that will A) not lose money in real terms B) hopefully outperform the indexes.


There is so much business expertise here, this ought to be easy.

[Chuck Ellsworth]

Is the pursuit of money the road to happiness?