What's the difference between a class of 20M and one of 200M? 99.98% of them aren't being surveyed for specific grievances, they're ticking a box on a letter or on a website. Let's not pretend that they're all getting surveyed for their desired outcome.
And hopefully you've not done anything that is "problematic" there, or ChexSystems will be along to make sure your new bank might want to know not to do business with you, like they did to me, after KeyBank tried to hit me with $405 in overdraft fees in a single day for a series of transactions that, if played chronologically, would never had had me with a balance below $0 at any point, due to "transaction reordering". Chex refused to remove the derogatory note, even after there was a lawsuit and legislation, until I kept escalating with them.
Yup. "Free two day shipping" shifted from "two days from when you place your order" to "two days from when we ship your order, which may be an additional one-two days".
Even now, I can search for a product, think "Oh, good, something here should work", and hit the "Get it tomorrow" filter. I watch the results change and show a subset of results...
What this version of the FedEx story doesn't mention is that Fred was already stiffing his pilots on their salaries. Taking the last money in the company and deciding that the best use for it was the blackjack table in Vegas and not paying his employees ... worked well, but it was a gamble, let's be clear, not a calculated decision - like you say, not the decision of a "great genius". It goes a different way, and you have "FedEx founder decides to go gambling, leaving his employees without paychecks".
The casino is an extremely rational savings model if you expected to constantly be robbed and want to convert small (and thus not worth robbing) income streams into occasionally large sums of money to be spent rapidly. I.e. say you are a north korean worker in China/Russia and you occasionally get small change to spend on cigarettes, you could gamble it every 'paycheck' and eventually buy a phone to escape with the winnings.
Filipinos have a more predictable low-loss version of this call Paluwagan.
It can also be a way to evade capital controls. You know you'll lose, but otoh you also know you'll probably not lose _everything_ and you buy in with RMB and cash out in HKD.
> There’s a reason there is forced retirement in some industries and government groups. Why the fuck we don’t enforce similar rules on the president I’ll never know.
Yep, I am not a big fan of our military policy, but I have a friend who recently retired as an Army LTC.
At his level there are standard procedures - at each rank you have a timeframe, and the rule is "promote or retire". Precisely to ensure you don't break the assembly line.
Even in software. "We don't hire mid level/junior/associate engineers, only senior/staff". No pipeline can hurt. Yeah, you can hire for all that, but there's value of having junior staff within, when you promote those staff level folks to EMs and Directors.
-- sent from the front seat of my FSD-based unmanned Robotaxi
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