wbracken

Of course not.

I never said there shouldn't be competition. The parent asked where money goes...

How can you say that? Luxottica employs 85,000 people. Do those people obtain no benefit from employment?

Employing people at each step in the eyewear industry. Plus, employing people at companies who support the eyewear industry. Plus, employing people at companies that support the companies that support the eyewear industry...etc. etc.

My understanding is the brain slams against the inside of the skull due to stopping fast. Wouldn't a crumple zone (again for lack of better term) allow for a slower transition and thus less rattling around in the skull?

Honest question - football helmets have not changed that much in what, 25 years? Are there any efforts underway to use technology to improve the protection provided by helmets? What about a softer layer outside the hard plastic. What about crumple zones for lack of a better term - that means helmets are designed to absorb one large hit, then be replaced. I am sure there are studies underway, but seems like an area ripe for "disruption"...

Tangentially in the business. Two recent stories told to me:

1) Saw at Manheim Auto Auction (one of the largest) 300 Nissan Leafs run through the auction line in one afternoon ahead of some of our cars. Drop in "value" of leafs went down 10%+ in one day. All were recently off lease. 2) For similar reason, Santander is holding 4000+ cars on auction lots "waiting for pricing to stabilize". Reality is, when they run those cars through the auction, they will have to book the full losses. Say they anticipated 20% repossession rate and that they would get 80% on the dollar when auctioned on those losses. When they run them through now and get 50% on the dollar, their securitization pools will be creamed.