6,050 karma · joined January 5, 2017
Socials: - bsky.app/profile/benjaminschneider.ch - linkedin.com/in/schneiderbenjamin - benjaminschneider.ch - x.com/bschne
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buried the lede a bit there
This site also seems to have lots of background info and details on various aspects of the buildings, though I haven't explored in depth --- https://www.barbicanliving.co.uk
Roche (Pharma Division): 7533 MCHF vs. 11096 MCHF
Novartis: 12566 MUSD vs. 10022 MUSD
Pfizer: 14730 MUSD vs. 10822 MUSD
Eli Lilly: 8594 MUSD vs. 10991 MUSD
AstraZeneca: 19977 MUSD vs. 13583 MUSD
Johnson & Johnson: 22869 MUSD vs. 17232 MUSD
The left side here contains more than just marketing, and already "far far outstripping" seems like a mischaracterization.
For comparison, the average R&D spend between these firms is bigger than the 2024 NSF budget (~9bn) and bigger than 1/4 of the 2024 NIH budget (~37bn).
weren't we all...
> All tracks were originally sold in 256 kilobits-per-second variable bitrate MP3 format without per-customer watermarking or DRM
Don‘t remember 100% but wouldn‘t the variable bit rate explain this?
2. Industrial energy prices seem to have risen pretty consistently since 2000: https://www.cleanenergywire.org/sites/default/files/styles/g...
I'm pro renewable build-out, and a lot of new nuclear projects seem to my layman's eyes uneconomical, at least at today's cost (maybe we'd get better at doing it cheaper again if we invested, I don't know), but your claims seem false.
https://fussmattenprofi.com/en/these-cars-fail-the-tuev-repo...
Edit: Previously stated "at 12-13 years it was a little over 40%.", but this is incompatible with how long the Model 3 has been on the market, so assume this was a caption mistake by the site posting the stats.
> It costs pennies to produce, maybe a dollar in landed cost
Kellanova last had gross, operating, and net margins of ~35%, ~13%, and ~8%, respectively [1]. Likewise, Walmart achieved ~25%, ~4%, ~3% [2]. This isn't really compatible with "someone makes 700% of net profits on this box of cereal", unless you assume cereal is single-handedly subsidizing huge loss leaders for both its producer and retailers.
1. https://www.macrotrends.net/stocks/charts/K/kellanova/profit...
2. https://www.macrotrends.net/stocks/charts/WMT/walmart/profit...
The only one I found a time series for quickly is Lamb Weston: Their margins steadily went down after 2019, then surged quite substantially, and by the end of 2024 were more or less back at their 21/22 low points [1]
Additionally there's apparently a class action suit against the companies mentioned which was filed in November 2024 [2]
I don't know enough about this market to judge whether something shady happened, but it seems like both of those facts are relevant to this article.
1. https://www.macrotrends.net/stocks/charts/LW/lamb-weston/pro...
2. https://www.hbsslaw.com/cases/frozen-potato-products-antitru...