#opportunitycost — Public Fediverse posts

Gold vs oil: Which offers better protection from rising prices during the Iran war?

The war in Iran has rewritten the inflation hedge playbook. Since 27 February, the day before Operation Epic…
#Economy #brentcrude #centralbank #CentralBanks #Gold #Goldprices #GoldmanSachs #InflationHedge #interestrates #Iran #oilprices #opportunitycost #pricesrise
https://www.europesays.com/2974274/

Definition of opportunity cost for a medical practice:

The revenue, growth, or patient care you lose by choosing one operational path over a better alternative.

https://youtu.be/YplSId4Gmns

#HealthcareOperations #MedicalPracticeManagement #OpportunityCost #PracticeGrowth #PatientAccess #HealthcareEfficiency #RevenueCycle #PracticeManagement #HealthcareLeadership #MedicalPracticeGrowth #PatientExperience #OperationalEfficiency #HealthcareInnovation #PracticeOptimization #MissedOpportunities

@B123

I appreciate you making that point, because I do agree the cost in lives matters. I would not have this war for that reason.

I was intending to speak narrowly of people's obsession with price, because I think many people complaining about the price WOULD accept casualties in exchange for their own comfort.

The climate issue itself ALSO has a cost in lives, of course. Sadly, many of those casualties would be seen as acceptable by far too many of us ... even if (though we never phrase it that way) our own children may bear that cost.

Denial abounds.

So I'm not even saying the Iranian people should pay that cost ahead of others on Climate, just that climate's a cost everyone will pay if we don't address this. It's easy to try and talk about this in terms of money, not lives, but money is just a proxy for priority. And many lives still hang in the balance in a variety of ways.

Sometimes I hear that we can't afford to do the things we need to do for climate because they're too expensive, which I hear as we needn't or mustn't prioritize this because money tells us that it's not a priority. And that's just not true. Once we get to talking like that, we need to talk about the fact that money is not even serving the societal purpose that it actually needs to.

As proof that I do in fact think of lives as well, I offer this cross-reference to my 2010 essay, The Cost. It illustrates another monetary issue, sadly also tied to the Middle East. But I mention it more because it offers another way to think about the relationship between money and lives in a slightly different way (complementary not competing) than you and I are doing here, by opportunity cost.

All of these different angles matter. And we need not to be nationalistic about these costs. Wars are rarely instigated by the ordinary people of any country. They are mostly indulgences of the Rich and powerful, adequately detached, able to think of lost lives as a budgetable expense because they and theirs are not part of that budget. The Draft was a scary concept, but it gave everyone a stake. Many were able to relax when we move to an "all volunteer" army. But they did not look closely at the dark reasons some are driven to volunteer. And war should not be something one can relax from.

The Cost (my 2010 essay on Iraq War cost)
https://netsettlement.blogspot.com/2010/08/the-cost.html

#climate #ClimateCost #cost #money #lives #TheDraft #war #gasoline #GasPrices #IranWar #IraqWar #OpportunityCost #HealthCare

very short , less than. a minute, but makes the point
#gunsvsbutter #opportunitycost #war https://youtube.com/shorts/VWnQRT_nswo?si=O17Rl3k0sNnMCGBJ

🤔 Ah yes, because what the world really needed was a "simple" web app to remind us all of our missed #crypto fortune with a side of Wall of Shame and Terminal Impact. 📉 If only there were a calculator for the opportunity cost of making this web app instead! 😂
https://shouldhavebought.com/ #missedfortune #webapp #opportunitycost #WallofShame #TerminalImpact #HackerNews #ngated

South Korean courts are delivering mixed rulings in wrap account lawsuits, compensating principal losses but rejecting opportunity cost claims, with most verdicts favoring securities firms despite regulatory penalties.
#YonhapInfomax #WrapAccount #KoreaInvestmentSecurities #PrincipalLoss #OpportunityCost #CivilLitigation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106440

South Korean courts are delivering mixed rulings in wrap account lawsuits, compensating principal losses but rejecting opportunity cost claims, with most verdicts favoring securities firms despite regulatory penalties.
#YonhapInfomax #WrapAccount #KoreaInvestmentSecurities #PrincipalLoss #OpportunityCost #CivilLitigation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106440

South Korean courts are delivering mixed rulings in wrap account lawsuits, compensating principal losses but rejecting opportunity cost claims, with most verdicts favoring securities firms despite regulatory penalties.
#YonhapInfomax #WrapAccount #KoreaInvestmentSecurities #PrincipalLoss #OpportunityCost #CivilLitigation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106440

South Korean courts are delivering mixed rulings in wrap account lawsuits, compensating principal losses but rejecting opportunity cost claims, with most verdicts favoring securities firms despite regulatory penalties.
#YonhapInfomax #WrapAccount #KoreaInvestmentSecurities #PrincipalLoss #OpportunityCost #CivilLitigation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106440

https://www.europesays.com/ie/318792/ Why taking Social Security at 62 might make sense for you. Even if the ‘basic math’ says otherwise #Benefits #Business #ClaimingBenefits #DaveRamsey #Éire #IE #Ireland #JeffBezos #OpportunityCost #PersonalFinance #PersonalFinance #SocialSecurity #SocialSecurityAdministration

Ever feel like you're hustling 24/7 but getting nowhere? 📉

I once spent an entire week grinding for "free" crypto and taking every gig possible. My total earnings? Exactly $13.47.

The math was a brutal wake-up call.
I wasn't building wealth; I was committing time-theft against myself. Here is why "working harder" is a trap and how to calculate your true Time Cost:

🔗 https://wealthybear.xyz/why-working-harder-wont-make-you-rich

#Investing #Productivity #MoneyMindset #TimeIsMoney #WealthBuilding #OpportunityCost #PersonalFinance

Every yes hides a no.
Every decision has a cost you don’t see.

Opportunity cost isn’t about money -
It’s about what you give up to move forward.

Choose with intention.
Think in trade-offs. 🧠✨

#opportunitycost #decisionmaking #thinkbetter #mentalmodels #strategicthinking #deepthinking #mindset #matter #leadershipthinking #lifechoices #economics #life #criticalthinking #systems #think #mindset #creator

Every yes hides a no.
Every decision has a cost you don’t see.

Opportunity cost isn’t about money -
It’s about what you give up to move forward.

Choose with intention.
Think in trade-offs. 🧠✨

#opportunitycost #decisionmaking #thinkbetter #mentalmodels #strategicthinking #deepthinking #mindset #matter #leadershipthinking #lifechoices #economics #life #criticalthinking #systems #think #mindset #creator

Every yes hides a no.
Every decision has a cost you don’t see.

Opportunity cost isn’t about money -
It’s about what you give up to move forward.

Choose with intention.
Think in trade-offs. 🧠✨

#opportunitycost #decisionmaking #thinkbetter #mentalmodels #strategicthinking #deepthinking #mindset #matter #leadershipthinking #lifechoices #economics #life #criticalthinking #systems #think #mindset #creator

Every yes hides a no.
Every decision has a cost you don’t see.

Opportunity cost isn’t about money -
It’s about what you give up to move forward.

Choose with intention.
Think in trade-offs. 🧠✨

#opportunitycost #decisionmaking #thinkbetter #mentalmodels #strategicthinking #deepthinking #mindset #matter #leadershipthinking #lifechoices #economics #life #criticalthinking #systems #think #mindset #creator

Every yes hides a no.
Every decision has a cost you don’t see.

Opportunity cost isn’t about money -
It’s about what you give up to move forward.

Choose with intention.
Think in trade-offs. 🧠✨

#opportunitycost #decisionmaking #thinkbetter #mentalmodels #strategicthinking #deepthinking #mindset #matter #leadershipthinking #lifechoices #economics #life #criticalthinking #systems #think #mindset #creator

And how much does a green wall/wash cost to maintain? Could we have done something that would actually reduce our energy waste and emissions?
What is kind of depressing is that I have yet to meet an academic or a member of our Estates team who thinks this is a good idea… #greenwashing #opportunitycost

@jcoglan
#OpportunityCost : #LLM edition

I just did the math. Based on 2022 numbers ICE will spend enough to pay the entire budget of the of the 70 largest school districts in the United States. Places like Dallas, Miami, NYC, Chicago, Houston. Atlanta, Charleston.
This does not include any state and local money spent pushing the administration's agenda. it does not include other parts of DHS. it's just the jack booted thugs of ICE
$170,000,000,000
#gunsorbutter #opportunitycost
#schools
#education
#ice
#fascism #racism

Time Management Explained with Economic Principles
https://youtu.be/5GhaQzSoNxA
#TimeManagement #Productivity #ParetoPrinciple #OpportunityCost #Focus

#Imagine #OpportunityCost #ClimateChange
#GlobalWarming #ClimateEmergency #ClimateCatastrophe #Afghanistan

(7/x) Globally, #landuse—clearing forests etc. for #grazing land or feed production—is the largest driver of #beef-related #emissions. And land used for #cattle cannot be returned to nature to remove #carbon from the atmosphere... https://drawdown.org/insights/greenwashing-and-denial-wont-solve-beefs-enormous-climate-problems #opportunitycost

A couple of weeks ago, I posted some thoughts here on Mastodon about why I don't believe there's such a thing as Green AI. But I wanted to make it easier to reference, so I have now re-hosted it on my blog.

https://netsettlement.blogspot.com/2024/10/green-ai.html

#AI #GreenAI #environment #GreenWashing #climate #ClimateCrisis #OpportunityCost #water #FreshWater #GreenEnergy

A couple of weeks ago, I posted some thoughts here on Mastodon about why I don't believe there's such a thing as Green AI. But I wanted to make it easier to reference, so I have now re-hosted it on my blog.

https://netsettlement.blogspot.com/2024/10/green-ai.html

#AI #GreenAI #environment #GreenWashing #climate #ClimateCrisis #OpportunityCost #water #FreshWater #GreenEnergy

A couple of weeks ago, I posted some thoughts here on Mastodon about why I don't believe there's such a thing as Green AI. But I wanted to make it easier to reference, so I have now re-hosted it on my blog.

https://netsettlement.blogspot.com/2024/10/green-ai.html

#AI #GreenAI #environment #GreenWashing #climate #ClimateCrisis #OpportunityCost #water #FreshWater #GreenEnergy

@aiforbusiness

I went back to the article : "...spending on external marketing suppliers", could be other companies' people or Ai usage.

But my question stands: how financially robust is the company? Can it withstand a 50% increase on the cost of Ai suppliers?

Remember that should they choose to bring the Ai functions in-house, they would need to spend more on renting (equipment or hosting) and support....

#ArtificialIntelligence
#OpportunityCost
#Management
#Finance
#BusinessStrategy

@aiforbusiness
But the question is: how much are they paying now, and will the business remain profitable if iA services increase their cost by 50%?

#ArtificialIntelligence #OpportunityCost #Management #Finance #BusinessStrategy

@jackjenkins
#OpportunityCost : #Xitter edition

For "BITCOIN" like any counterfeit money, inflation is the outcome. Becauase by definition it adds money, but not wealth, products to make life better.

Same number of products, more money in the system.

I bake a cake, you buy it. You eat smiling, I have money.
I make more cake.

Or under bitcoin_____

I "make" money
You get no cake.

.

Bitcoins are financial cancer, it looks like economy, but it just sits there on your liver getting bigger.

#crypto #cancer #cryptoCancer #OpportunityCost

OFFS, La Trobe Uni is cutting down 350 trees to put in a solar farm. The gang gang cockatoos and red rumped parrots would like a word.
https://www.abc.net.au/news/2023-10-29/latrobe-university-clears-trees-for-solar-farm/103033568
#ClimateCrisis #Australia #EnvironmentCrisis #Solarpunk #OpportunityCost

@helenczerski For sure! I see a lot in #agriculture. Producers looking for land that could be producing always thinking wrong about the #opportunitycost.

What is opportunity cost? A definition and examples - Opportunity cost is the potential benefit that is missed out on w... - https://cointelegraph.com/news/what-is-opportunity-cost-a-definition-and-examples #opportunitycost #cryptotrading #cryptomining #sunkcost

Libertoloids know very well that #recycling is first and foremost a matter of #opportunityCost rather than absolute impossibility: it's just not worthwhile to invest in recycling as long as procuring the raw materials by other means is cheaper and/or more effective. But as the materials become harder to procure by other means (and thus more expensive), recycling becomes a more palatable endeavor, and entrepreneurs will start investing in it.

@alycemiller

Maybe if I were immortal, I would more readily entertain fuckwits.

But no, not in this life I have. TOO DAMN SHORT

Plus, going back to #BourgeoisEconomics and #OpportunityCost - the time you spend on cockholes is time you have taken away from spending with lovely people.

:ablobcool:

#BlockEveryone