ghufran_syed

I look forward to seeing your company actually producing and selling food for “next to nothing”, given how easy it apparently is

The net margin of around 1.5% seems more relevant: the gross margin is just the revenue minus the cost of good sold plus cost of transportation. The net margin is the money you have left after paying things like Rent, employee wages, electricity, taxes, interest on debt.

as the time period gets longer, the the more likely it is that the numbers represent the true performance of the business rather than randomness. That has to be balanced against the fact that investors get less frequent updates i.e. the information is now potentially 6 months out of date rather than 3 months at worst. But then its just a judgment call of the relative benefit of each - you could argue that with modern accounting systems, modern companies could deliver weekly or even daily earnings , which would give investors much more timely information, and the high frequency would probably mean it wouldn’t be worth making the effort for management to fudge the numbers to bring forward or delay revenue one day or one week. There would be a lot more variance in the numbers if they were daily, but thats a good thing - it would just reflect the underlying randomness, and then the investors could decide when the accumulated trend over a period of time is meaningful or not, instead of management wasting time massaging numbers into a fairy tale of steady growth.

I think the issue is that you can only be registered to vote in one jurisdiction. So being a citizen isn't enough (though as I understand it, many jurisdictions let you cast a provisional ballot in these situations)

and you’re claiming the process still isn’t complete more than 40 years later? shouldn't the wealth gap between the poor in the US vs the poor in Afghanistan be starting to get smaller if your argument is correct?

what alternative metric are you proposing?

why is returning the cart intrinsically some sign of “goodness” but returning your plates to the kitchen and washing them at a restaurant is not? The customer is at the store to fulfill their needs, not the store’s. Taking the groceries from the checkout to the car in a cart helps fulfill the customer’s aims. Returning the cart does not, same as picking up trash in the store car park does not. And the revenue from customers pays for return of the carts from the parking lot, so most customers feel that is a better deal than a place that forces them to return the carts.

The original article and many of the comments have a hugely moralistic tone - where are people expected to learn these implicit rules? If the store doesn’t care enough to communicate these expectations (assuming they even have them, and that they don’t only exist in the minds of the self-appointed “cart police”), why should customers follow them?

fyi, the account confirmation email redirects and ends up on a tab with address localhost:3000. looks like it did work, i was able to login after that, but many users may assume it failed and give up

and yet they keep voting for blue labour or red labour…

Perhaps you would apply the same logic to a family car, or the clothing you bought? Should they tax the value of your medical degree when you leave the country?

could you maybe respond to the point made in the comment you are replying to? If it’s a good idea for all those other countries, why does the idea become a “turd” when america does it? is this some kind of “manifest destiny” (to be dumber than other countries)???

if it would give domestic manufacturers such great pricing power, then wouldn’t it also encourage foreign manufacturers to manufacture in the US to take advantage of that pricing power? Wouldn’t that be a good thing for the US? and as more manufacturers move to the US, wouldn’t that competition then tend to lower prices?