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Gambeling In Business And In Life Itself

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Big ole Boy

Elite Member
Joined
Dec 6, 2003
Professional Status
General Public
State
Tennessee
Academia and gambling are two nodes that may have some opposite polarity when it comes to execution of ideas.

"The Gamblers" ........ dark energy ..... and organized ...

Everybody wants a shot at a better opportunity .... ...

Evolution is a successful trade ...

Buy low ... sell high
 

Randolph Kinney

Elite Member
Joined
Apr 7, 2005
Professional Status
Retired Appraiser
State
North Carolina
Easy road versus hard road. After awhile, if the hard road does not pay off, well, then people will take the easy road, if that option is available.

In our society, advanced education has been over sold. Many people with advanced and specialized education are not finding work in their field.
 

bnmappraisal

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Gold Supporting Member
Joined
Nov 9, 2011
Professional Status
Certified Residential Appraiser
State
Florida
In our society, advanced education has been over sold. Many people with advanced and specialized education are not finding work in their field.
Sadly, I think this is WAY too true. I know many people "my age" +/- (I'm 35) who have paid 10's of thousands of $$$ and don't work in a field remotely in their field of study let alone many who also work in something that doesn't even require a degree.

I do believe education is good, but education for the sake of "education" ... maybe not so much
 

AMF13

Elite Member
Joined
Jan 24, 2002
Professional Status
Certified Residential Appraiser
State
California
They should have studied something useful.
Have you seen shop rates for mechanics?
What plumbers, electricians, etc charge? ;)

You know you're going to lose, and gambling's for fools! :peace:
 

jay trotta

Elite Member
Joined
Feb 8, 2004
Professional Status
Certified Residential Appraiser
State
Connecticut
Trades; Plumbers/ Carpenters / Electricians etc., were dumbed down for many years, now there is a shortage and their Pricing is reflective.
When I first got into the Trades they were paying good wages for the risk involved, I moved up to an Industry that does Not compete; for the Education/Skill and Complex issue's that surround the Field of Work.
The Cost of Living has passed us by and earnings are depressed by Middle Men who generate nothing within the Industry; currently being strong armed by the Fed is not a solution to the expansion & growth needed within the profession.

The middle man could be considered "The House" in a Casino and the House always has a "grab" on every roll / pull or bet - what makes our "profession (and I use the Term, tongue in cheek) any different from a Casino" mentality ??
 

bnmappraisal

Elite Member
Gold Supporting Member
Joined
Nov 9, 2011
Professional Status
Certified Residential Appraiser
State
Florida
what makes our "profession (and I use the Term, tongue in cheek) any different from a Casino" mentality ??
On our side (RES) I definitely agree! The "House" (middle man/AMC's) definitely takes a chunk of the "winnings"

My counter is finding those middle men who do appreciate your time (fee) or finding direct clients who do (and sometimes pay more than your regular fee). Both are out there, but yes, not the easiest to always find. (comments not directed directly at you Jay; just general statements)
 

Mr Rex

Elite Member
Joined
Jan 12, 2004
Professional Status
Certified Residential Appraiser
State
North Carolina
Trades; Plumbers/ Carpenters / Electricians etc., were dumbed down for many years, now there is a shortage and their Pricing is reflective.
When I first got into the Trades they were paying good wages for the risk involved, I moved up to an Industry that does Not compete; for the Education/Skill and Complex issue's that surround the Field of Work.
The Cost of Living has passed us by and earnings are depressed by Middle Men who generate nothing within the Industry; currently being strong armed by the Fed is not a solution to the expansion & growth needed within the profession.

The middle man could be considered "The House" in a Casino and the House always has a "grab" on every roll / pull or bet - what makes our "profession (and I use the Term, tongue in cheek) any different from a Casino" mentality ??

Shop rates for mechanics is off the chart. Do the guys with grease under their fingernails make the big bucks or is it the dealership that makes the big bucks ala AMC?
 

A K

Elite Member
Joined
Jul 31, 2013
Professional Status
Certified Residential Appraiser
State
Maryland
Mechanics do alright. I have buddies that work at Audi and BMW. The way it works is the techs get a percentage of the labor. But what they charge the consumer is based on a book. All work performed has a standard number of hours for the job. But the standard number of hours is usually more than how long it actually takes to do the job. So they might work 50-60 hours in a week but get paid for the 80-100 hours billed.
 

Big ole Boy

Elite Member
Joined
Dec 6, 2003
Professional Status
General Public
State
Tennessee
Played twice so far. Yesterday lost $40 in one hand of Black Jack. Today I lost $20 playing craps.

History is full times of great economic turbulence - where gambling became a necessary means of wealth transfer. Such times are these.
 
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