wedrifid comments on MetaMed: Evidence-Based Healthcare - Less Wrong

83 Post author: Eliezer_Yudkowsky 05 March 2013 01:16PM

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Comment author: wedrifid 11 March 2013 06:14:54PM 0 points [-]

And yes, some pricing is based on a goal other than maximizing profit.

For example, it is sometimes based on the goal "Maximize the bonus given to the CEO".

Comment author: Decius 11 March 2013 08:09:28PM 1 point [-]

I was referring to corporations with core values that don't involve Laffer peaks of money.

Comment author: wedrifid 12 March 2013 02:45:27AM *  0 points [-]

I was referring to corporations with core values that don't involve Laffer peaks of money.

This position wasn't challenged, missed, nor even weakened by my reply. Rather, it was strengthened by the agreement with the actual claim you made.

Comment author: Decius 14 March 2013 02:13:56AM 1 point [-]

Sorry; it seemed to me that you were agreeing with the claim I made by subverting the intent. As someone who intends to create and invest heavily into a corporation with goals other than maximizing the taxable investment income I receive, it is a sensitive subject to me.

Comment author: wedrifid 14 March 2013 02:24:49AM 1 point [-]

Sorry; it seemed to me that you were agreeing with the claim I made by subverting the intent. As someone who intends to create and invest heavily into a corporation with goals other than maximizing the taxable investment income I receive, it is a sensitive subject to me.

Exciting (and brave, considering the failure rate). I'm curious... what industry/goal if you don't mind sharing?

Comment author: Decius 14 March 2013 02:48:18AM 1 point [-]

Coffee shop/social justice. Its a planned attempt to deinforce class division by making the middle-class investor(s) a little richer while making the working-class employees each absolutely more richer.

I'm currently have someone with the philosophical background but not quite enough business training to serve as general manager. I've figured a low six-digit upfront investment along with a couple years to get a fully-qualified general manager, a couple more hundred $k in capital costs, and another in operating losses each year for four years, leading to a recoup starting eight years after beginning. I've got about half that now, and just need to get my day job adjusted and settled to a better location to oversee the operation and expect to cover the remaining investment out of income. (Before I actually start, I'm going to develop enough of a plan to know how much reality deviates from the plan at any given point)