In so doing, the company could charge fees roughly half that of its rivals and still earn an astonishing 20%+ Return on Equity. Low fees went hand-in-hand with delighted customers and high profits. Signs That a Market is Ripe for Costovation Costovation opportunities abound when companies ...
Where the tendon attaches to the bone relative to the joint is another subtle but important factor. The farther away a tendon’s attachment point is from a joint or fulcrum, the greater the biomechanical advantage and strength potential. This is much like sitting on a seesaw: The farther away...
In the past,I’ve written aboutthe critical distinction between “reasoning from first principles” and “reasoning by analogy”—or what I called being a “chef” vs. being a “cook.” Since writing the post, I notice this distinction everywhere, and I’ve thought about it roughly 2 milli...
Roughly one mile to the east of Starhopper’s assembly roost, SpaceX employees and contractors have been working to complete earthmoving and start outfitting a prospective Starhopper prototype launch pad with a stable concrete base and all the infrastructure needed to support a complex rocket and i...
We need a break, don’t we? We have been in a worldwide state of semi-to-full-blow chaos for the better part of two years so I think we’ve earned a break. A real one. A "shut everything out and do something just because you want to and ignore everything else" break. This ...
Because after all, if $8 billion winds up being NextEra’s final offer, that would be just enough to cover the utility’s $7.5 billion debt (and the roughly $400 million or so in fees for retiring it ahead of schedule). It would leave no money on the table – at least not at th...