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Joined 1 year ago
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Cake day: June 13th, 2023

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  • Many monopolies form by first using a dominant market position to sell at a price no competitor can afford to match. Choice has already been removed before the “competition” folds or pulls out of the market. The consequences don’t happen overnight; you feel the squeeze before the “true” monopoly emerges. Amazon isn’t going to sell at a cheaper price once their competitors go out of business out of the kindness of their hearts.

    Further, high consumer price is just one form monopoly power takes. Reduced labor power, wages, and worse working conditions are other important concerns, in addition to removing product variety and innovation incentive.


  • I’m sure it varies a bit by region, but that wouldn’t be a crazy price for the NE. HVAC is just expensive these days.

    I’d recommend getting at least three quotes. If different companies propose different setups (e.g., all heads vs ducted vs mixed), try to get at least two quotes for each. I ended up getting six quotes due to how much they varied in both price and design. My highest and lowest quotes were more than 20k apart for a <1500 sqft space.

    If you have access to a 0% financing program, don’t wait too long. Those run out quick because it’s such an amazing deal.




  • This would be terrible business if any pharma worked this way. The vast majority of potential treatments fail either in the lab or in early phase trials. It is not very likely that’d you’d be able to on-demand develop a novel treatment for symptoms before one of your competitors figured out your already-discovered cure. That would be unless you patented the cure, but by the time you spent years developing a new symptom-only treatment and testing it through each phase, you’d have a few years at best before your exclusivity on the cure patent expires and thus your treatment becomes worthless.

    Pharmas are run by the same short-sighted wall streeters as every other corporation. Actually successfully executing this sort of long-term plan would require thinking further ahead than a few quarters, which they are not capable of doing. A new cure is a big stock boost now that they could never resist.