Ok, Patrick you reckon that company directors aren't worth the money they're
paid. While this is a hypothetical situation, it is very reminiscent of
those which are faced by company managers and directors on a constant
basis - let's see how you'd fare, and whether we should be giving you a pay
rise anytime soon

You're the director of a major multi-national company, who's major
shareholder is the government. You have to purchase new aircraft, to replace
an aging fleet. If you buy the American aircraft with American engines, you
know that you'll be getting the most reliable, field proven product.
However, if you buy the European aircraft, with European engines, you know
that there will be increased access to European markets for NZ's diary
products.

The American engines offer higher safety levels, better fuel efficiency and
greater range. The European product is unproven but is being pushed by the
govt minister as the "right option for the good of the country". The
Americans refuse to get into a bidding war, allowing the reputation of their
product to carry itself, whereas the Europeans have offered "an
accommodation" should their bid be successful.

Which one do you buy, and why. There's roughly US$1bn riding on the outcome
of your decision, and potentially another NZ$2-3bn riding on the diary
exports.

--
Mr Scebe
"We were on four continents. America, Africa, London and Asia"
~ Oliver Stone in "The making of Alexander"

From:	Patrick FitzGerald
Subject:	Re: Make the decision, Patrick
Date:	Sat, 22 Jan 2005 08:15:02 +1300

On Fri, 21 Jan 2005 23:15:25 +1300, "Mr Scebe"
wrote:

>You're the director of a major multi-national company, who's major
>shareholder is the government

Some clarification is needed here

Please give an example of a major multi-national company, who's major
shareholder is the government

Patrick

From:	geoffm
Subject:	Re: Make the decision, Patrick
Date:	22 Jan 2005 03:16:09 -0600

On Sat, 22 Jan 2005 08:15:02 +1300, Patrick FitzGerald
wrote:

>
>Some clarification is needed here
>
>Please give an example of a major multi-national company, who's major
>shareholder is the government
Air NZ I suspet is the example. Isdn't one of the power companies,
ownedd by the Government, in business in Australia as well?
In respect to teh dairy industry, I hear it was 1/3 of the NZ (ag
procuts?)exports. All depending on 30k farmers to roll out of bed at
5am to pull tits...
Geoff

From:	Patrick FitzGerald
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 07:46:24 +1300

On 22 Jan 2005 03:16:09 -0600, geoffm
wrote:

>On Sat, 22 Jan 2005 08:15:02 +1300, Patrick FitzGerald

> In respect to teh dairy industry, I hear it was 1/3 of the NZ (ag
>procuts?)exports. All depending on 30k farmers to roll out of bed at
>5am to pull tits...
>

That is another good example of how useless the Directors and
management of any company are without those who do the REAL work

Patrick

From:	Mr Scebe
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 08:51:13 +1300

"Patrick FitzGerald" wrote in message
news:bl75v0hk2h6kbso150vnokp716dpqdrbo9@4ax.com...
> On 22 Jan 2005 03:16:09 -0600, geoffm
> wrote:
>
>>On Sat, 22 Jan 2005 08:15:02 +1300, Patrick FitzGerald
>
>> In respect to teh dairy industry, I hear it was 1/3 of the NZ (ag
>>procuts?)exports. All depending on 30k farmers to roll out of bed at
>>5am to pull tits...
>>
>
> That is another good example of how useless the Directors and
> management of any company are without those who do the REAL work

So tell us how you would do it differently, Patrick?

--
Mr Scebe
Losersh always whine about their 'besht'.
Winnersh go home and fuck the prom queen".
~Sean Connery in "The Rock"

From:	Patrick FitzGerald
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 14:32:51 +1300

On Sun, 23 Jan 2005 08:51:13 +1300, "Mr Scebe"
wrote:

>>> In respect to teh dairy industry, I hear it was 1/3 of the NZ (ag
>>>procuts?)exports. All depending on 30k farmers to roll out of bed at
>>>5am to pull tits...
>>>
>>
>> That is another good example of how useless the Directors and
>> management of any company are without those who do the REAL work
>
>So tell us how you would do it differently, Patrick?

Do what differently Scebe?

There is only one way to get milk from cows.

Patrick

From:	Mr Scebe
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 14:50:18 +1300

"Patrick FitzGerald" wrote in message
news:jkv5v0hgsd09is5grrssvqf0kopqckkmgg@4ax.com...

> Do what differently Scebe?
>
> There is only one way to get milk from cows.

Ah, but there are numerous ways to get it to market - and i've seen plenty
of farmers dumping their milk down drains because they can't sell it
anywhere.

Meanwhile back at the original discussion - if you were the on the board of
the company, what would you buy - American, or European. Don't disappoint me
now, Patrick - you're being given a once in a lifetime opportunity to show
us all how easy it is to make multi-billion dollar decisions.

--
Mr Scebe
Losersh always whine about their 'besht'.
Winnersh go home and fuck the prom queen".
~Sean Connery in "The Rock"

From:	Patrick FitzGerald
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 15:04:40 +1300

On Sun, 23 Jan 2005 14:50:18 +1300, "Mr Scebe"
wrote:

>
>Meanwhile back at the original discussion - if you were the on the board of
>the company, what would you buy - American, or European. Don't disappoint me
>now, Patrick - you're being given a once in a lifetime opportunity to show
>us all how easy it is to make multi-billion dollar decisions.

If you had read my previous posts you would realize I am awaiting
an answer to my query about clarification of the company and
information on why you seem, to think the production of diaries is
such a big NZ export Industry.

Patrick

From:	John B
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 15:11:12 +1300

"Patrick FitzGerald" wrote in message
news:aa16v0d6s98ahbj2mv4v5ndjnrbji9i1b6@4ax.com...
> On Sun, 23 Jan 2005 14:50:18 +1300, "Mr Scebe"
> wrote:
>
>
> >
> >Meanwhile back at the original discussion - if you were the on the board of
> >the company, what would you buy - American, or European. Don't disappoint me
> >now, Patrick - you're being given a once in a lifetime opportunity to show
> >us all how easy it is to make multi-billion dollar decisions.
>
>
> If you had read my previous posts you would realize I am awaiting
> an answer to my query about clarification of the company and
> information on why you seem, to think the production of diaries is
> such a big NZ export Industry.
>
>
> Patrick

Diaries? A Diary is a daily record. What do Diaries have to do with it
numbskull?

--
John B

From:	Patrick FitzGerald
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 15:27:12 +1300

On Sun, 23 Jan 2005 15:11:12 +1300, "John B"
wrote:

>
>Diaries? A Diary is a daily record. What do Diaries have to do with it
>numbskull?

I usually do not reply to bad mannered posts nasty posts but I will
make an exception.

If you had read Scebe's post you would see he wrote

********************************************************************************
However, if you buy the European aircraft, with European engines, you
know that there will be increased access to European markets for NZ's
diary products.

**********************************************************************************
And also

********************************************************************************

Which one do you buy, and why. There's roughly US$1bn riding on the
outcome of your decision, and potentially another NZ$2-3bn riding on
the diary exports.

--
Mr Scebe

******************************************************************************************

Patrick

From:	John B
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 16:25:09 +1300

"Patrick FitzGerald" wrote in message
news:1p26v09b2atfgmbugov7ouc4gcj2begrf8@4ax.com...
> On Sun, 23 Jan 2005 15:11:12 +1300, "John B"
> wrote:
>
>
> >
> >Diaries? A Diary is a daily record. What do Diaries have to do with it
> >numbskull?
>
>
> I usually do not reply to bad mannered posts nasty posts but I will
> make an exception.

But you write plenty of them.

>
> If you had read Scebe's post you would see he wrote
>
diary... so what?

Are you saying you don't understand his meaning? Is that it? Or, is this just an
excuse to avoid fronting up to the real question?

If you were honest you'd admit to the latter. You'd also answer the question to
show you know what you are talking about.

--
John B

From:	Mr Scebe
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 15:20:58 +1300

"John B" wrote in message
news:41f307c1$1@clear.net.nz...
> "Patrick FitzGerald" wrote in message
> news:aa16v0d6s98ahbj2mv4v5ndjnrbji9i1b6@4ax.com...
>> On Sun, 23 Jan 2005 14:50:18 +1300, "Mr Scebe"
>> wrote:
>>
>>
>> >
>> >Meanwhile back at the original discussion - if you were the on the board
>> >of
>> >the company, what would you buy - American, or European. Don't
>> >disappoint me
>> >now, Patrick - you're being given a once in a lifetime opportunity to
>> >show
>> >us all how easy it is to make multi-billion dollar decisions.
>>
>>
>> If you had read my previous posts you would realize I am awaiting
>> an answer to my query about clarification of the company and
>> information on why you seem, to think the production of diaries is
>> such a big NZ export Industry.
>>
>>
>> Patrick
>
> Diaries? A Diary is a daily record. What do Diaries have to do with it
> numbskull?

Patrick is playing word games because he has no case - his assertions have
been shown to be baseless. I mispelt "dairy" as "diary", and he has duly
fudged the original argument with side issues and red herrings. But i don't
mind, it just proves how bankrupt his doctrinal whining is.

--
Mr Scebe
Losersh always whine about their 'besht'.
Winnersh go home and fuck the prom queen".
~Sean Connery in "The Rock"

From:	Warwick
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 16:35:32 +1300

On Sun, 23 Jan 2005 15:20:58 +1300, Mr Scebe wrote:

> Patrick is playing word games because he has no case - his assertions have
> been shown to be baseless. I mispelt "dairy" as "diary", and he has duly
> fudged the original argument with side issues and red herrings. But i don't
> mind, it just proves how bankrupt his doctrinal whining is.

You are guilty of the same. The company has a financial imperative to
return dividends to shareholders. People talk about having 3 bottom lines
now, the financial, social and environmental. But, as you know, it is the
money that matters. The political issue is very much a red herring, and I
note you mixed indexes when describing the problem, probably a cheap trap
to try and fool your target.

There is not nearly enough information to come up with an answer, but I
have given you the methodology. The equity of doing nothing might look
strange, for surely risk is nil and gain is nil, which obviously returns an
answer of zero. I think the problem is posed in anticipation of some future
event, like mechanical failure or maintenance costs in vital equipment. So
the risk will be the odds of it occuring and when, and the gain will be the
saving of in one of the other options not being done. A CEO will have to
look at this because he will probably need a time frame within he knows he
must act. The length of the time frame will determine how much research and
experimentation can go into the estimates of unknown risks and gains.

From:	John B
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 15:27:33 +1300

"Mr Scebe" wrote in message
news:eSDId.10590$mo2.804373@news.xtra.co.nz...
>
> "John B" wrote in message
> news:41f307c1$1@clear.net.nz...
> > "Patrick FitzGerald" wrote in message
> > news:aa16v0d6s98ahbj2mv4v5ndjnrbji9i1b6@4ax.com...
> >> On Sun, 23 Jan 2005 14:50:18 +1300, "Mr Scebe"
> >> wrote:
> >>
> >>
> >> >
> >> >Meanwhile back at the original discussion - if you were the on the board
> >> >of
> >> >the company, what would you buy - American, or European. Don't
> >> >disappoint me
> >> >now, Patrick - you're being given a once in a lifetime opportunity to
> >> >show
> >> >us all how easy it is to make multi-billion dollar decisions.
> >>
> >>
> >> If you had read my previous posts you would realize I am awaiting
> >> an answer to my query about clarification of the company and
> >> information on why you seem, to think the production of diaries is
> >> such a big NZ export Industry.
> >>
> >>
> >> Patrick
> >
> > Diaries? A Diary is a daily record. What do Diaries have to do with it
> > numbskull?
>
> Patrick is playing word games because he has no case - his assertions have
> been shown to be baseless. I mispelt "dairy" as "diary", and he has duly
> fudged the original argument with side issues and red herrings. But i don't
> mind, it just proves how bankrupt his doctrinal whining is.

He appears to be a parrot trained in reciting socialist dogma.

--
John B

From:	Patrick FitzGerald
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 15:08:07 +1300

On Sun, 23 Jan 2005 14:50:18 +1300, "Mr Scebe"
wrote:

>>
>> There is only one way to get milk from cows.
>
>Ah, but there are numerous ways to get it to market - and i've seen plenty
>of farmers dumping their milk down drains because they can't sell it
>anywhere.

You are dragging red herrings.

The earlier post had nothing to do with getting milk to markets, it
dealt only with getting milk from cows.

Patrick

From:	Mr Scebe
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 15:18:08 +1300

"Patrick FitzGerald" wrote in message
news:1k16v0l7mh3l5klfa3846dnq0ob803ksj1@4ax.com...
> On Sun, 23 Jan 2005 14:50:18 +1300, "Mr Scebe"
> wrote:
>
>
>>>
>>> There is only one way to get milk from cows.
>>
>>Ah, but there are numerous ways to get it to market - and i've seen plenty
>>of farmers dumping their milk down drains because they can't sell it
>>anywhere.
>
> You are dragging red herrings.
>
> The earlier post had nothing to do with getting milk to markets, it
> dealt only with getting milk from cows.

No Patrick, you are obfuscating. Your original assertion was that "the
workers" did the real work, which we all know now is a load of bollocks -
your silence betrays you. The easiest way to justify your assertion would be
to show us all how you would make a multi-billion dollar decision with a
couple of lines - you've been completely unable to deal with even ONE
decision that a director deals with on a continual basis. Your assertions
are baseless.

--
Mr Scebe
Losersh always whine about their 'besht'.
Winnersh go home and fuck the prom queen".
~Sean Connery in "The Rock"

From:	Patrick FitzGerald
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 15:46:52 +1300

On Sun, 23 Jan 2005 15:18:08 +1300, "Mr Scebe"
wrote:

>. Your assertions are baseless.

No Scebe your assertions are baselesss as you have not supplied the
additional information requested.

When you do that you will get my answer.

Patrick

From:	Mr Scebe
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 17:02:17 +1300

"Patrick FitzGerald" wrote in message
news:vv36v0914uhuod6h3vs1up89o0va3err2a@4ax.com...
> On Sun, 23 Jan 2005 15:18:08 +1300, "Mr Scebe"
> wrote:
>
>
>>. Your assertions are baseless.
>
>
> No Scebe your assertions are baselesss as you have not supplied the
> additional information requested.
>
> When you do that you will get my answer.

"Please give an example of a major multi-national company, who's major
shareholder is the government"

- Air New Zealand. And your answer is?

--
Mr Scebe
Losersh always whine about their 'besht'.
Winnersh go home and fuck the prom queen".
~Sean Connery in "The Rock"

From:	Col~
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 16:38:31 +1300

On Sun, 23 Jan 2005 15:08:07 +1300, Patrick FitzGerald wrote:

>On Sun, 23 Jan 2005 14:50:18 +1300, "Mr Scebe"
>wrote:
>
>
>>>
>>> There is only one way to get milk from cows.
>>
>>Ah, but there are numerous ways to get it to market - and i've seen plenty
>>of farmers dumping their milk down drains because they can't sell it
>>anywhere.
>
>You are dragging red herrings.
>
> The earlier post had nothing to do with getting milk to markets, it
>dealt only with getting milk from cows.
>
>
>Patrick

OK. You have taken the milk from the cows. Now what happens ?

--

Col

Col's law.
Thinly sliced cabbage..

From:	Warwick
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 17:02:38 +1300

On Sun, 23 Jan 2005 16:38:31 +1300, Col~ wrote:

> OK. You have taken the milk from the cows. Now what happens ?

Almost invariably it goes into a big tank. Later that morning a tanker
truck will come and collect it. You can't do shit with milk in this country
unless it has been pasteurized.
Specialty cheesemakers and Doug Myers hate that idea.

From:	Warwick
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 03:09:33 +1300

On 22 Jan 2005 03:16:09 -0600, geoffm wrote:

> On Sat, 22 Jan 2005 08:15:02 +1300, Patrick FitzGerald
> wrote:
>
>>
>>Some clarification is needed here
>>
>>Please give an example of a major multi-national company, who's major
>>shareholder is the government
> Air NZ I suspet is the example. Isdn't one of the power companies,
> ownedd by the Government, in business in Australia as well?
> In respect to teh dairy industry, I hear it was 1/3 of the NZ (ag
> procuts?)exports. All depending on 30k farmers to roll out of bed at
> 5am to pull tits...
> Geoff

What an excellent example to hold up as vindication of CEO's salaries then.
When did they go broke and scream for a hand out last? 2000 or so?

That was because the CEO underestimated Qantas lobbying powers with the
Australian Government. In a final analysis you probably couldn't blame them
for that, but company performance does not indicate a particularly high
level of management in this example.

From:	Warwick
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 16:37:28 +1300

On Sun, 23 Jan 2005 03:09:33 +1300, Warwick wrote:

> What an excellent example to hold up as vindication of CEO's salaries then.
> When did they go broke and scream for a hand out last? 2000 or so?

Actually I recall, sep 2001. It was the same week as the two towers came
down that our prime minister was kidnapped by a trade unionist at Melbourne
airport. With other things going on in the world, nobody seemd to notice or
care. Personally I was fucking outraged.

From:	Mr Scebe
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 17:00:42 +1300

"Warwick" wrote in message
news:nxyt2s9lhpnn.1h29owhsg0whd$.dlg@40tude.net...
> On Sun, 23 Jan 2005 03:09:33 +1300, Warwick wrote:
>
>> What an excellent example to hold up as vindication of CEO's salaries
>> then.
>> When did they go broke and scream for a hand out last? 2000 or so?
>
> Actually I recall, sep 2001. It was the same week as the two towers came
> down that our prime minister was kidnapped by a trade unionist at
> Melbourne
> airport. With other things going on in the world, nobody seemd to notice
> or
> care. Personally I was fucking outraged.

Yup, that's trade unions for you - they think they're above the law.

--
Mr Scebe
Losersh always whine about their 'besht'.
Winnersh go home and fuck the prom queen".
~Sean Connery in "The Rock"

From:	Peter
Subject:	Re: Make the decision, Patrick
Date:	Sat, 22 Jan 2005 19:47:29 GMT

On Sun, 23 Jan 2005 03:09:33 +1300, Warwick wrote:

>That was because the CEO underestimated Qantas lobbying powers with the
>Australian Government. In a final analysis you probably couldn't blame them
>for that, but company performance does not indicate a particularly high
>level of management in this example.

They also underestimated the lobbying power that Australian ownership
had which kept Ansett afloat. As soon as there was no Australian
ownership, thet lobbying power vanished.

From:	Warwick
Subject:	Re: Make the decision, Patrick
Date:	Sat, 22 Jan 2005 15:05:33 +1300

On Fri, 21 Jan 2005 23:15:25 +1300, Mr Scebe wrote:

> Ok, Patrick you reckon that company directors aren't worth the money they're
> paid. While this is a hypothetical situation, it is very reminiscent of
> those which are faced by company managers and directors on a constant
> basis - let's see how you'd fare, and whether we should be giving you a pay
> rise anytime soon
>
> You're the director of a major multi-national company, who's major
> shareholder is the government. You have to purchase new aircraft, to replace
> an aging fleet. If you buy the American aircraft with American engines, you
> know that you'll be getting the most reliable, field proven product.
> However, if you buy the European aircraft, with European engines, you know
> that there will be increased access to European markets for NZ's diary
> products.
>
> The American engines offer higher safety levels, better fuel efficiency and
> greater range. The European product is unproven but is being pushed by the
> govt minister as the "right option for the good of the country". The
> Americans refuse to get into a bidding war, allowing the reputation of their
> product to carry itself, whereas the Europeans have offered "an
> accommodation" should their bid be successful.
>
> Which one do you buy, and why. There's roughly US$1bn riding on the outcome
> of your decision, and potentially another NZ$2-3bn riding on the diary
> exports.

What a fucking moronic scenario.

It is an easily calculable equity equation, but you haven't mentioned what
the stated objectives of the multi national company are. If their mission
statement includes improving access to foreign markets for dairy products
then you include that equity. Otherwise you ignore it.

Simple shit really.

From:	Mr Scebe
Subject:	Re: Make the decision, Patrick
Date:	Sat, 22 Jan 2005 15:12:06 +1300

"Warwick" wrote in message
news:1ur3buseeghw4.1hjox076kksfv.dlg@40tude.net...
> On Fri, 21 Jan 2005 23:15:25 +1300, Mr Scebe wrote:
>
>> Ok, Patrick you reckon that company directors aren't worth the money
>> they're
>> paid. While this is a hypothetical situation, it is very reminiscent of
>> those which are faced by company managers and directors on a constant
>> basis - let's see how you'd fare, and whether we should be giving you a
>> pay
>> rise anytime soon
>>
>> You're the director of a major multi-national company, who's major
>> shareholder is the government. You have to purchase new aircraft, to
>> replace
>> an aging fleet. If you buy the American aircraft with American engines,
>> you
>> know that you'll be getting the most reliable, field proven product.
>> However, if you buy the European aircraft, with European engines, you
>> know
>> that there will be increased access to European markets for NZ's diary
>> products.
>>
>> The American engines offer higher safety levels, better fuel efficiency
>> and
>> greater range. The European product is unproven but is being pushed by
>> the
>> govt minister as the "right option for the good of the country". The
>> Americans refuse to get into a bidding war, allowing the reputation of
>> their
>> product to carry itself, whereas the Europeans have offered "an
>> accommodation" should their bid be successful.
>>
>> Which one do you buy, and why. There's roughly US$1bn riding on the
>> outcome
>> of your decision, and potentially another NZ$2-3bn riding on the diary
>> exports.
>
> What a fucking moronic scenario.

It's one that occurred less than 20 years ago. In this country.

> It is an easily calculable equity equation, but you haven't mentioned what
> the stated objectives of the multi national company are. If their mission
> statement includes improving access to foreign markets for dairy products
> then you include that equity. Otherwise you ignore it.
>
> Simple shit really.

Of course you do. Keep taking the pills, you'll work it out one day.

--
Mr Scebe
"Pershonally i think you're a fucking idiot"
~Sean Connery in "The Rock"

From:	Warwick
Subject:	Re: Make the decision, Patrick
Date:	Sat, 22 Jan 2005 16:09:18 +1300

On Sat, 22 Jan 2005 15:12:06 +1300, Mr Scebe wrote:

> Of course you do. Keep taking the pills, you'll work it out one day.

When I said simple shit I was not talking about laxatives. I don't need
them, but you could consider stopping taking yours. Your excrement is
overflowing into the ng.

The problem can be solved with no more than 6th form level arithmetic.

It in no way supports an argument that CEO's are paid so well because they
are so smart.

From:	Mr Scebe
Subject:	Re: Make the decision, Patrick
Date:	Sat, 22 Jan 2005 16:19:41 +1300

"Warwick" wrote in message
news:j6obz9pdydby.zna9lsk0hv2s$.dlg@40tude.net...
> On Sat, 22 Jan 2005 15:12:06 +1300, Mr Scebe wrote:
>
>> Of course you do. Keep taking the pills, you'll work it out one day.
>
> When I said simple shit I was not talking about laxatives. I don't need
> them, but you could consider stopping taking yours. Your excrement is
> overflowing into the ng.
>
> The problem can be solved with no more than 6th form level arithmetic.

No it doesn't, dimbulb, because 6th form arithmetic (which i'm sure you're
recently familiar with) doesn't take politics into account when deriving an
answer.

> It in no way supports an argument that CEO's are paid so well because they
> are so smart.

No, but it's an example of the kind of decisions that CEO's and company
directors are faced with - decisions that it appears are beyond some of the
whingers in this ng, who consider these people to be overpaid. C'mon, if
it's so simple give us a quick run down - should only take a few minutes for
a legend like you.

--
Mr Scebe
"Pershonally i think you're a fucking idiot"
~Sean Connery in "The Rock"

From:	Warwick
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 02:24:47 +1300

On Sat, 22 Jan 2005 16:19:41 +1300, Mr Scebe wrote:

> "Warwick" wrote in message
> news:j6obz9pdydby.zna9lsk0hv2s$.dlg@40tude.net...
>> On Sat, 22 Jan 2005 15:12:06 +1300, Mr Scebe wrote:
>>
>>> Of course you do. Keep taking the pills, you'll work it out one day.
>>
>> When I said simple shit I was not talking about laxatives. I don't need
>> them, but you could consider stopping taking yours. Your excrement is
>> overflowing into the ng.
>>
>> The problem can be solved with no more than 6th form level arithmetic.
>
> No it doesn't, dimbulb, because 6th form arithmetic (which i'm sure you're
> recently familiar with) doesn't take politics into account when deriving an
> answer.
>
>> It in no way supports an argument that CEO's are paid so well because they
>> are so smart.
>
> No, but it's an example of the kind of decisions that CEO's and company
> directors are faced with - decisions that it appears are beyond some of the
> whingers in this ng, who consider these people to be overpaid. C'mon, if
> it's so simple give us a quick run down - should only take a few minutes for
> a legend like you.

Risk over Risk + Gain is how its done buddy. I prefer 1 - Risk / Risk +
Gain but that is all in the eye of the beholder. Work out the risks and the
gains for all the options, including the option of doing nothing (unless it
can be seen that the equity in that is so bad it is not worth calculating).
> 50% is a good bet, but in this case you need to compare equity between
two different bets. It is basic game playing theory.

Factoring something nebulous as politics into the equation might make you
feel important, but it is a dumb thing to do. Concentrate on the money.

You need to supply more data before the equations can be worked out, the
above is a trite description.

You will have to phrase your questions more politely if you want more help
from me. Not that I care if you want to wank on about how clever you are,
or how clever CEO's are - I find it amusing.

From:	Tilly
Subject:	Re: Make the decision, Patrick
Date:	Sat, 22 Jan 2005 21:57:51 +1300

Mr Scebe wrote:
> "Warwick" wrote in message
> news:j6obz9pdydby.zna9lsk0hv2s$.dlg@40tude.net...
>> On Sat, 22 Jan 2005 15:12:06 +1300, Mr Scebe wrote:
>>
>>> Of course you do. Keep taking the pills, you'll work it out one day.
>>
>> When I said simple shit I was not talking about laxatives. I don't
>> need them, but you could consider stopping taking yours. Your
>> excrement is overflowing into the ng.
>>
>> The problem can be solved with no more than 6th form level
>> arithmetic.
>
> No it doesn't, dimbulb, because 6th form arithmetic (which i'm sure
> you're recently familiar with) doesn't take politics into account
> when deriving an answer.
>
>> It in no way supports an argument that CEO's are paid so well
>> because they are so smart.
>
> No, but it's an example of the kind of decisions that CEO's and
> company directors are faced with - decisions that it appears are
> beyond some of the whingers in this ng, who consider these people to
> be overpaid. C'mon, if it's so simple give us a quick run down -
> should only take a few minutes for a legend like you.

Don't hold your breath!

--
Tilly

striking1583REMOVE@yahoo.co.nz

From:	Warwick
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 02:25:13 +1300

On Sat, 22 Jan 2005 21:57:51 +1300, Tilly wrote:

> Mr Scebe wrote:
>> "Warwick" wrote in message
>> news:j6obz9pdydby.zna9lsk0hv2s$.dlg@40tude.net...
>>> On Sat, 22 Jan 2005 15:12:06 +1300, Mr Scebe wrote:
>>>
>>>> Of course you do. Keep taking the pills, you'll work it out one day.
>>>
>>> When I said simple shit I was not talking about laxatives. I don't
>>> need them, but you could consider stopping taking yours. Your
>>> excrement is overflowing into the ng.
>>>
>>> The problem can be solved with no more than 6th form level
>>> arithmetic.
>>
>> No it doesn't, dimbulb, because 6th form arithmetic (which i'm sure
>> you're recently familiar with) doesn't take politics into account
>> when deriving an answer.
>>
>>> It in no way supports an argument that CEO's are paid so well
>>> because they are so smart.
>>
>> No, but it's an example of the kind of decisions that CEO's and
>> company directors are faced with - decisions that it appears are
>> beyond some of the whingers in this ng, who consider these people to
>> be overpaid. C'mon, if it's so simple give us a quick run down -
>> should only take a few minutes for a legend like you.
>
>
> Don't hold your breath!

Fuck off you mindless bitch.

From:	Tilly
Subject:	Re: Make the decision, Patrick
Date:	Mon, 24 Jan 2005 12:11:18 +1300

Warwick wrote:
> On Sat, 22 Jan 2005 21:57:51 +1300, Tilly wrote:
>
>> Mr Scebe wrote:
>>> "Warwick" wrote in message
>>> news:j6obz9pdydby.zna9lsk0hv2s$.dlg@40tude.net...
>>>> On Sat, 22 Jan 2005 15:12:06 +1300, Mr Scebe wrote:
>>>>
>>>>> Of course you do. Keep taking the pills, you'll work it out one
>>>>> day.
>>>>
>>>> When I said simple shit I was not talking about laxatives. I don't
>>>> need them, but you could consider stopping taking yours. Your
>>>> excrement is overflowing into the ng.
>>>>
>>>> The problem can be solved with no more than 6th form level
>>>> arithmetic.
>>>
>>> No it doesn't, dimbulb, because 6th form arithmetic (which i'm sure
>>> you're recently familiar with) doesn't take politics into account
>>> when deriving an answer.
>>>
>>>> It in no way supports an argument that CEO's are paid so well
>>>> because they are so smart.
>>>
>>> No, but it's an example of the kind of decisions that CEO's and
>>> company directors are faced with - decisions that it appears are
>>> beyond some of the whingers in this ng, who consider these people to
>>> be overpaid. C'mon, if it's so simple give us a quick run down -
>>> should only take a few minutes for a legend like you.
>>
>>
>> Don't hold your breath!
>
> Fuck off you mindless bitch.

Well Warwick, at least I have a degree and years of experience in this area.

--
Tilly

striking1583REMOVE@yahoo.co.nz

From:	Tilly
Subject:	Re: Make the decision, Patrick
Date:	Sat, 22 Jan 2005 21:57:17 +1300

Warwick wrote:
>
> It is an easily calculable equity equation, but you haven't mentioned
> what the stated objectives of the multi national company are. If
> their mission statement includes improving access to foreign markets
> for dairy products then you include that equity. Otherwise you ignore
> it.
>
> Simple shit really.

Patrick needs to do a course on basic economics.
You may as well talk to a prune.He doesn't have a clue.

--
Tilly

striking1583REMOVE@yahoo.co.nz

From:	Patrick FitzGerald
Subject:	Re: Make the decision, Patrick
Date:	Sun, 23 Jan 2005 07:46:23 +1300

On Sat, 22 Jan 2005 21:57:17 +1300, "Tilly"
wrote:

>
>
>Patrick needs to do a course on basic economics.
>You may as well talk to a prune.He doesn't have a clue.

If any one wanted to ralk to a Prune , then they would talk to Tilly

Patrick

From:	BR
Subject:	Re: Make the decision, Patrick
Date:	Mon, 24 Jan 2005 19:00:57 +1300

On Sun, 23 Jan 2005 07:46:23 +1300, Patrick FitzGerald
wrote:

>On Sat, 22 Jan 2005 21:57:17 +1300, "Tilly"
> wrote:
>
>
>>
>>
>>Patrick needs to do a course on basic economics.
>>You may as well talk to a prune.He doesn't have a clue.
>
>
>If any one wanted to ralk to a Prune , then they would talk to Tilly
>
>Patrick

You really don't get it, do you Patrick. You are a laughing stock, but
do, please keep posting. Your contributions are valuable, in so much
as they provide an insightful example of the crushing, mindless,
left-wing stupidity that typifies the source of much of your so-called
"great and good government" support.

Bill.

From:	Patrick FitzGerald
Subject:	Re: Make the decision, Patrick
Date:	Sat, 22 Jan 2005 08:01:32 +1300

On Fri, 21 Jan 2005 23:15:25 +1300, "Mr Scebe"
wrote:

>Ok, Patrick you reckon that company directors aren't worth the money they're
>paid.

Not so, what I have stated is that if directors are given increases
then those who do the real work should also be given the same
increases and more

Patrick

From:	Patrick FitzGerald
Subject:	Re: Make the decision, Patrick
Date:	Sat, 22 Jan 2005 07:59:18 +1300

On Fri, 21 Jan 2005 23:15:25 +1300, "Mr Scebe"
wrote:

> if you buy the European aircraft, with European engines, you know
>that there will be increased access to European markets for NZ's diary
>products.

Making diaries is a big NZ industry !!!!
>

>Which one do you buy, and why. There's roughly US$1bn riding on the outcome
>of your decision, and potentially another NZ$2-3bn riding on the diary
>exports.

The diary industry in NZ accounts for NZ$2 - 3bn in exports !!

We learn something new every day !!

Patrick