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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