A repository of partially-processed mental notes that lie beyond the economic interests of the dwindling number of media outlets. Disclaimer: The opinions expressed herein were those of the author at one point and do not necessarily reflect the current opinions of the author, i.e., past thoughts are not an indication of future (or even present) thoughts.
2006-12-27
which counts more: the destination or the journey?
According to accounting folk, there is a very important difference between investing for "cost avoidance" and investing for "pursuit of potential profits." (I'm sure it's a tax thing.) So, since hearing that lottery/casino paybacks hover around 40% (give or take 20% given local competition etc), I decided that I could afford the "social" cost of bowing out of the office lotto pool and avoid the two dollar cost every week. Nonetheless, I heartily encouraged them to continue subsidizing my taxes. :)
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