https://www.ngf.org/short-game/golfs-growth-era-the-road-to-...
1,949 karma · joined June 21, 2008
https://www.ngf.org/short-game/golfs-growth-era-the-road-to-...
- Many will rebuild to move back
- Some will sell their lots to investors
- Some will rebuild using insurance money to flip upon completion
Other people can probably figure out better analogies, but I’d say it’s something like the difference reading an article about generics or monads vs actually using them every day. To an outsider these seem like a ton to think about, but when you use them every day they’re just part of your toolbox.
You could go out and fall down a few times by yourself so it’s more fulfilling when you have instruction, but I wouldn’t say that’s the most efficient path.
https://www.cnn.com/2018/09/27/business/jcpenney-history/ind...
https://www.cnbc.com/amp/2024/01/18/mark-zuckerberg-indicate...
https://www.fool.com/investing/2023/02/15/metas-next-profit-...
If you run a plumbing company, make $100K in revenue, pay a plumber $100K, you have no profits, owe no corporate taxes.
If you run a software company, make $100K in revenue, pay a software engineer $100K, section 174, which just went into effect recently, means you now owe taxes on $90K of profit. This is because you must spread dev costs over 5 years, you can’t deduct them in the year they happened.