- cross-posted to:
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- cross-posted to:
- [email protected]
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I have a little pet theory I’ve been stewing about when it comes to penny wise/pound foolish decisions from business owners of all types. From landlords, to local cafes, and all the way up to Fortune 500 CEOs. It comes down to bad accounting.
I’ve taken to setting aside money into buckets. There’s a bucket that handles some filter replacements for our home furnace (it’s a 5 inch thick HEPA filter, so it’s bit pricey) and under sink RO system, for example. When it comes time to buy one, I just pull from that bucket. It doesn’t feel like I’m losing anything off my usual budget for the month. The money is just there, and it feels nice to be able to pay without worry. It almost feels like a reward for good planning.
Companies do this, as well. In fact, I helped setup a similar system at my local community makerspace (which runs as a 501(c)3). We pay into buckets for things like insurance every month, and then we pay it when the bill comes due each year. Again, it doesn’t feel like we’re stressed for anything.
Not all companies do this, or if they do, they don’t do it for everything. If you’re not setting aside a little bucket for something that you know will come up, then it has to be paid out of your general funds. That’s money you wanted to use for something more fun than furnace filters or insurance or a software package that can process navigation data automatically.
So when you see billionaires or landlords complain about something important being too expensive, it might be because they aren’t tracking their accounting buckets properly. If this keeps happening, that’s a good indication that they are anything but a glorious Captain of Industry.
Everything I hear about this contraption is worse than I expected.
Come on now, Excel isn’t that bad.
For the right jobs, it’s a good tool.
This isn’t the right job.
There were so many things relating to this incident that bewildered me. The titanium end caps were stuck on using glue, by hand. Also, while carbon fiber is great at handling tensile loads at 14 PSI, it’s not so great at handling compressive ones at 5500 PSI. For such a delicate mission, the whole thing seemed unprofessional in so many ways.
Supposedly the glued on titanium is the same thing the US Army does for their small Submarines, though I’m sure they found some way to cheap out/fuck up.
Probably were using expired glue, as Stockton Rush boasted about using discounted carbon fiber from Boeing that was past its shelf life for usage in airplanes.
Recycled parts? That’s simply being too dumb to be alive on this world. And I thought putting a wireless xbox controller for navigating the damn sub was dumb enough.
Frankly that controller was probably the most reliable part of the sub
If it was setup properly, you just us an if statement like, “if communication lost to control for t>5 seconds, release balast” or something like that. I had 0 issue with the controller being an ots consumer good. The rest was an idiotic design, I won’t even say it was engineered.
I know of at least a couple maintenance shops that will give their expired composite materials to a mechanic school for students to use in class projects. This usage is actually a good idea, completely unlike using it to build a manned submersible.
Well, they did it just out in the open in some dusty warehouse. Comments I’ve read say that’s a pretty big deal.
Man, a hand typed spreadsheet must have been hard to navigate with the PlayStation controller.
What an incredible sentence.
It wasn’t even a PlayStation controller, it was a knockoff Logitech controller shaped like a DualShock but with Xbox colored buttons.
So do 90% of corporations.
