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LouisEly

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Everything posted by LouisEly

  1. LouisEly
    https://www.espn.com/mlb/story/_/id/28964249/what-mlb-deal-players-means-2020-season-beyond There were other stipulations in the agreement necessary to starting the season, notably that: 1. No governmental edicts on mass gatherings that would prevent teams from playing in their home stadiums If there are edicts on mass gatherings, or some teams cannot play in their home stadiums, then that stipulation isn't met and the conditions of the agreement are not met.
  2. LouisEly
    FS1 showing Wrestlemania 3 tonight. Lots of old, out of shape wrestlers, but still entertaining. Hacksaw Jim Duggan and his 2x4. Amazing how much debris was thrown at the wrestlers as they were coming down to the ring. But, that's Detroit.
  3. LouisEly
    San Francisco was about ~8 minutes away from winning the Super Bowl last year with Garoppolo ($26.6M cap hit) taking up 12.87% of their cap. In 2016 Tom Brady signed a contract that was worth an average of over $20M/year when the salary cap was $155M. I don't have the info of exactly what the cap hit was each year, but that average salary was over 13% of their cap. That's not much different than a $30M cap hit on a $200M cap. In 2015, Manning was taking up about 12% of the Bronco's cap.
  4. LouisEly
    UW-Madison students and faculty created a COVID-19 app specifically for Wisconsin: https://news.wisc.edu/uw-madison-faculty-students-create-covid-19-app-for-wisconsinites/ I don't know if the discussion rooms are a good idea, but they do have a fact-checker that identifies misinformation circulating on social media specifically in Wisconsin, with vetted facts to address it. I don't see it on Google Pay yet, but the desktop app is available via a link in the article.
  5. LouisEly
    I would guess that those fine folks who live in Milwaukee County would disagree. It would be extremely difficult, if not impossible, to put one county in the state (the most populous one at that) under house arrest. They're doing that in many places. NY Governor this morning said they will likely be opening up upstate well before NYC. Illinois has divided the state up into four regions for reopening (I would have divided it up even more).
  6. LouisEly
    Yep: https://registrar.wisc.edu/enrollment-reports/ Almost 50/50 for Fall 2019 freshmen (2734 residents) vs more than 2:1 in Fall 1991 freshmen (3605 residents). Not everywhere - UW-Madison had only 5% more total enrollment in the fall of 2019 (45,317) than the fall of 1991 (43,196). When supply doesn't keep up with demand, prices rise. Why and how UW-Madison hasn't expanded their capacity, I don't know. But if state funding is being cut, like they have said, they may not be able to take on more students without raising tuition. State funding is a flat amount, not a per-student amount.
  7. LouisEly
    CNBC just had the Mayor of Scottsdale, AZ, on and they asked him about how and why they are reopening up despite an increase in cases since May 1st. He said the measuring stick they are using is infections requiring hospitalizations, and he said those are down 96% over the last 20-30 days. He said that they had 6,000 hospital beds available and never used more than 500 at a time. They also tracked ICU beds and said they are trending "way down" and never came to a critical point even with the peak levels they experienced. I really wish that every state and city would use, and share publicly, that data.
  8. LouisEly
    You're exactly right - it shouldn't be a business. But if they are going to provide a high quality education at reasonable tuition prices while competitively compensating their employees, maybe they need to think like a business. The fundamental question that every business owner/CEO/executive asks themselves every day is, "How do we provide the highest quality product or service for our target market at the lowest operating cost while competitively compensating our employees so that they don't leave?" If public higher education doesn't think that way and tries to be everything to everyone, then they shouldn't complain about the cost of tuition or low pay for employees.
  9. LouisEly
    Not in the Chicago area. Posted speed limit on the Edens is 55, I was doing 73 and people were blowing by me going 80+.
  10. LouisEly
    The implication wasn't to end them everywhere; the implication was to end them where they no longer made sense, specifically some of the satellite campuses. Your point about quality faculty to teach supports that point exactly - if the programs are consolidated to a couple of schools in a system (say, Cal-Berkeley and UC-Irvine), then the resources invested in those programs can be consolidated to those schools which can then attract better faculty and better students. The 100-level intro courses at the other satellite campuses can be taught by TA's and adjunct professors. Businesses learned a long time ago that you can't be everything to everybody. That's probably the case with higher education, too.
  11. LouisEly
    Depends on what you are referring to by "costs" - the costs to operate the school, or the cost of tuition? If the latter, the higher-ups at UW-Madison claim that state funding has been reduced from covering 80% of tuition back in the early 90's to less than 20% of tuition now. When I was in the MBA program, the business school lost a couple of well-regarded professors who were offered more money somewhere else and UW chose not to match. I don't think it's about students "demanding the newest and best"; I think it's about the good students choosing to go elsewhere, and the long-term ramifications of losing them as alumni. When I went to undergrad in the early 90's, I lived in dorms that were built in the 60's and had classes in buildings built before that. It's 2020 - there is no reason to not have dorms that don't have air conditioning. Technology is also making buildings and facilities obsolete; if students are going to be trained on the latest technology, you have to have buildings and infrastructure that is able to provide and support that technology. At some point, it costs less to build new buildings than continually try to retrofit and upgrade old buildings.
  12. LouisEly
    I don't think the implication was to end those classes, I think the implication was to end those majors. And I can assure you, there is plenty of critical thinking being taught in the business, engineering, and science schools. They teach theories, analyze case studies, and how to make decisions more than they teach you specific job skills.
  13. LouisEly
    As mentioned on the first page and in the article, the money was paid to Favre Enterprises, not to Brett personally. Public records show that Favre Enterprises has five employees. Spotrac shows the following contracts for Favre: 2010: $16M 2009: 2/$25M (unsure how much was year one, but $4.4M signing bonus in 2010 so he was probably given some guaranteed money in 2010 to not retire) 2001-2010: $101.5M 1997-2003: 7/$42.5M 1994-1998: 5/$19M 1991-1993: 3/$1.38M Using average salaries, that comes in at just under $150M for his career. Add in endorsement money, and the time value of money if even a fraction of that was invested, and he would have to spend quite a bit of money for $1.1M to be a major amount. As for paying back in installments, if he didn't put some of that away in a trust/annuity that he can't touch and is sitting on a couple million in cash he's a fool.
  14. LouisEly
    The Packers gave partially guaranteed salaries to Travis Bruffy ($20K) and Delonte Scott ($15K), indicating they were the highest priority UDFAs. Other signing bonuses were given to Taylor, Stewart, Johnson, and Griffin, indicated they were the next highest priority.
  15. LouisEly
    Do you have a link? I didn't have any luck with my quick googling. https://www.newsday.com/news/health/coronavirus/coronavirus-long-island-new-york-covid19-1.44418223 What I took from it is that they are wondering why people who aren't employed and aren't taking the subway are contracting the virus in the first place. But that doesn't mean that they are staying at home all of the time and it doesn't mean that people aren't visiting them. Somehow they have to get food, either going out for it or for it to be delivered to them. And they probably live in multi-household buildings (it said they are predominantly located downstate, where almost everyone lives in multi-household buildings, and predominantly "minorities"), so they are likely being exposed to lots of people either directly or indirectly.
  16. LouisEly
    It will have to, because lots of people are going to avoid public transportation for a long time. This is going to send lots of people to alternatives to public transportation, including much more demand for and usage of personally owned vehicles. Hopefully that will be balanced out by more people working from home, but hopefully that will be counter-balanced by more people working, period.
  17. LouisEly
    Favre never struck me as someone who was very financially savvy. The article said that it went to Favre's company, Favre Enterprises, but not specifically to him. I would bet money that Brett is not in charge of the financials for Favre Enterprises.
  18. LouisEly
    Oh, some "experts" do have agendas. Andrew Wakefield is one of the worst human beings on the planet, and his fraudulent "research" and an all-to-eager-to-get-the-scoop media has resulted in death and an almost eradicated disease being brought on thousands of people. As someone whose job it is to draw conclusions from data, I can tell you that rarely does one single piece of data ever tell you the whole story. You have to learn to synthesize multiple sources of data and then ask yourself what makes sense.
  19. LouisEly
    The company had no choice but to reopen its Green Bay plant after President Donald Trump issued an executive order last week requiring beef, pork and poultry facilities to operate "to ensure a continued supply of protein for Americans." The order came as several major meat producers face scrutiny nationwide over their handling of COVID-19. https://www.greenbaypressgazette.com/story/news/2020/05/04/coronavirus-brown-county-jbs-reopen-green-bay-plant-tuesday/3079565001/
  20. LouisEly
    This is true. I've often seen them more expensive - sometimes by a couple hundred dollars. They also leverage behavioral economics - people irrationally overvalue things that are free, thus the promotion of "bags fly free". It's not hard to do the math on bag checks, but that adds $60/bag/flight for people who rarely fly and don't have status on an airline. It also helps eliminate the time and chaos of finding overhead space on the plane and taking bags off to gate check them, which helps with being on-time (but weather and runway delays are the biggest cause of not being on-time). That being said, I just looked at prices going from Chicago to Austin, TX, over Memorial Day. For direct routes with similar flight times, Southwest came in at $300 whereas United came in at $360. This factors in what it costs to not get a middle seat (regular economy on United, paying $20/flight on Southwest for automatic early check-in). If I switch the destination to Denver, similar parameters (direct flights, no middle seat), it comes to $366 for United and $265 for Southwest. However, if I switch to Labor Day weekend, United is $168 to Denver or Austin, Southwest is $319 to Denver and $200 to Austin.
  21. LouisEly
    There's a video circulating around of the Bills 6th round draft pick, a kicker from Georgia Southern, making a 50-yard field goal with no approach, just standing still and swinging his leg. He also makes a 60-yard kick taking one step (as opposed to the typical two steps for a field goal). That's pretty impressive. I think the Bills quietly had a good draft. I think the got really good value in Epenesa late in the 2nd, Moss was talked about as being one of the five best RBs in the draft, and Isaiah Hodgins and Dane Jackson were good value picks in the 6th and 7th. I'm not big on Fromm, I think the 5th is about where he should have been picked, but their other picks I think were good values for where they got them.
  22. LouisEly
    Not really. Most business travel is flying to customers/clients, and for sales and consultants you really need to meet the customer/client where they are to truly understand their business and deliver service/solutions. Really hard to attend industry conferences/conventions virtually too. If you're demoing a product, training on how to use something, or if you need to discuss or demonstrate something that is a trade secret/in development/highly sensitive, it's better and more secure to do that in person. In my world, I can do research virtually to a point. But I'm working on a product that won't launch for another year, so doing some things virtually pose risk to the company because it isn't in the public domain yet. Hacking, recording screens, all of those things are risks. Company meetings are also a morale booster, especially for field/remote employees. Seeing and interacting with your colleagues develops loyalty and makes it less likely that you leave - reduces the cost of turnover.
  23. LouisEly
    I really wish that the Chicago news would stop leading off with human interest stories about people who are suffering because of COVID-19 impact. I had no idea that masks are now mandatory starting today and that golf courses will open up starting today.
  24. LouisEly
    They have said that it cannot be tied to the school in any way. It would still be illegal to steer them towards any school, and my understanding is that they would have to already be enrolled in a school for it to be legal. It would also be illegal for a coach to promise endorsements to a recruit. A lot more car dealerships in Madison, WI, and Austin, TX, and Columbus, OH, and suburban Detroit, MI, and Minneapolis, MN, and Los Angeles, CA, and Miami, FL... a tiny little town of Tuscaloosa will be at a disadvantage.
  25. LouisEly
    It's not due to consolidation. That statement was made based on projections of demand and not margins. It's why I (mistakenly) invested (thankfully a relatively small amount) in American back then - because every flight I was on was full. The industry had been incentivized to not expand supply (routes, seats) and use demand to raise seat prices because of low margins. Whenever airlines would announce that they were increasing supply (more seats/flights), their stock price would actually drop because investors would freak out and think it would decrease already low margins that are very sensitive to oil prices.
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