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/biz/ - Business & Finance

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422746 No.422746 [Reply] [Original]

So, this happened:

>>>/o/10754376

>> No.422753
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422753

>>422746
Why is some auto board trying to talk business? That's adorable.

>> No.422756

>>422753
>why is some janitor having a superiority complex
>that's pathetic

>> No.422758

>>422753
99% of the posters here have no sort of background when it comes to business/economics, it's the same thing.

>> No.422762

>>422758
>>422756

Nobody on this board has ever said anything that stupid. You can stop with your damage control, /o/.

>> No.422764

>>422762
Seems like you're the one damage controlling. There is no need to be upset by the actions if others

>> No.422765

>>422746
the term "money" needs some more explanation, but the general sense of his post is correct. losing profit isn't necessarily a bad thing

>> No.422768

>>422764
This.

There was nothing wrong with what he said.

Also who goes on /o/.

>> No.422772
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422772

>>422768
Are you serious?

>> No.422774

>>422772
Yeah. And I don't have to image spam either.

>> No.422785
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422785

hi /biz/

>> No.422789

I didn't read the thread to get the context, but he could be right. If your profit was $100 last month, and it's $80 this month, you've lost profit, but you've still gained money in the sense that you've netted more than $0.

>> No.422808
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422808

>>422753
Someone on /o/ wanted to buy a rusted up piece of shit 70's Datsun because he had $4,000 and nowhere to put it.

>> No.422812
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422812

>>422808
>money
>nowhere to put it

>> No.422825

>>422785
You can't lose money you don't have.

That's not even econ, that's reading comprehension...

>> No.422841
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422841

>>422765
Do you know the difference between Profit and Revenue? Losing revenue can be fine if you cut costs, but losing profit is never good.

>> No.422860

>>422789
Gmc is losing profit relative to previous quarters. So he's saying that they are still making money. However the discussion at hand was that gmc is losing money compared to their last couple quarters. I think he just got his argument confused and ended up looking like a tard. Tried to damage control
I MISINTERPRETED "LOSING MONEY" AS GOING INTO THE RED, FORGIVE ME