5040
Joined 11 years ago
Joined 11 years ago
As his income grew, Cato also became a regular investor in commercial lending. Although a law from 218 BC banned senators from engaging directly in commercial shipping, Cato formed partnerships of fifty investors that backed the commercial operations of fifty ships. He fronted all of the initial capital and then lent money to investors that they could each use to buy a share in the enterprise. Cato himself entrusted one share to a freed slave who acted as his agent. He then profited from the trading activities as well as the interest on these loans, while following the letter of the law and limiting his direct exposure in case the cargo was lost.
https://www.thetimes.com/uk/crime/article/police-make-30-arr...
Free Shakespeare in the Park is a New York City civic tradition dating back to the 1950s. It is, as the name suggests, free to the public, but because Central Park’s Delacorte Theater has a finite number of seats, tickets are given out on a first come, first served basis. Some folks, who either can’t or don’t want to stand in line to get tickets, have taken to employing line-standers to do the waiting for them. According to Sandel, the price for a line-stander in 2010 was “as much as $125 per ticket for the free performances”
>There were some 90 dentists and around 30 doctors operating in the City, for the most part trained in China but unable to operate in Hong Kong without taking more exams. The City provided a handy alternative and they were allowed to operate there without oversight from the authorities. Many were actually very good at their job and attracted patients from a wide area – including a number of policemen to our knowledge – the best of them with smart premises along Tung Tau Tsuen Road that ran along the north side of the City.
For many, a big part of the appeal was the low costs of living. Surely choosing relative squalor with low prices should be an option?
A related phenomenon is not being able to hear the difference between 128kbps and 320kbps. I find the notion astonishing, and yet lots of people cannot tell the difference.
https://publicdomainreview.org/essay/redressing-the-balance-...
>Jeff Bezos(01:34:00) We were going over a weekly business review and a set of documents, and I have a saying, which is when the data and the anecdotes disagree, the anecdotes are usually right. And it doesn't mean you just slavishly go follow the anecdotes then.