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How can one use the ponzi-nature of crypto to make big money in BTC? Let's start by doing a thought experiment.

At arm's length, it's pretty easy to make a case that crypto is simply a ponzi....

Are we mispricing climate risks or not pricing them at all? (June 17, 2021)
https://thehill.com/opinion/energy-environment/559059-are-we-mispricing-climate-risks-or-not-pricing-them-at-all
"The...

FWIW, I literally called a top. My post above occurred on Saturday June 5. End of day June 4 was a recent peak.
14923

I emptied a single account that June 4, going all cash, then this past...

Is The Next Downturn Coming?
- If its due to fear of environmental collapse, it will be very bad

Predicting the exact timing of financial downturns is impossible, but there are times when the...

Covid-19 will be very unhelpful for young optometrists of the future. Historically, economic crises are what have always led to the biggest structural changes in the marketplace. The panic of 1907...

You may want to stock up on food.

So still a bit OT for this board, but I wanted to add to the idea I alluded to above. A collapse in the oil industry (and therefore the world economy) may not be caused by a shift to renewables - it...

Back in April 2019, Mark Carney (the Canadian who was heading the Bank of England) along with 33 other Central Banks, wrote an open letter to the world about the risk a sudden devaluation of the...

You can't time the stock market they say, and you really can't. But with values at almost all-time-highs, why would anyone want to be even more greedy with the Dow at 29000++? It was clear last...

There may be even bigger issues stopping optometry from existing in 2035. Without exaggerating, "modern" society "as the locals know it" may not even exist at that point. You can argue it already...

Essilor/Clearly Injunction Appeal Update

In an effort to protect Ontario patients, the College of Optometrists of Ontario and the College of Opticians of Ontario initiated a legal proceeding...

OK - but I could get your $700 product for about $250 easily, online.

What about Warby? Are they selling something similar to what LC sells, for multiples more?

Optimensch. Your posts are a morass of pre-conceived notions, prejudices, and defensiveness. Like - how about this?



I was at Yorkdale on the weekend and the LC seemed pretty busy. If someone...

Perhaps, although the journalist makes no mention of the associations in the article. It is probably true he wouldn't have an issue with discount brick and mortar discount opticals, nor would he have...

optimensch: I'm going to mention that you seem to be conflating two different issues.

The article is a "hit" on Luxottica. It's not a hit on other entities that may have the "same" business...

You're taking the title out of context. The context is as follows:

“There is no competition in the industry, not any more,” he told me. “Luxottica bought everyone.

This is the scope of his...

Are online sales part of the eyeglass industry? He clearly mentions a cheaper alternative.

“You can get amazingly good frames, with a Warby Parker level of quality, for $4 to $8,” Butler said.
...

It's about Luxottica. Can you show me where he mentions Warby? I see it once, when he says this:


“You can get amazingly good frames, with a Warby Parker level of quality, for $4 to $8,” Butler...

I'll admit I tried reading a few of your stream of consciousness posts, but it was clear it was going to take an effort I wasn't willing to make, so I stopped.

What I will say though, gets back to...

Your argument that the article is bunk seems to rest on the premise of semantics. Replace "monopoly" with the words "insufficient competition" in your post and see if you still agree with what you...

Convenient for you to ignore my earlier post. Here it is again:

Perhaps you and I are reading something different when we read the article. To me, the the author is reporting about rip-off...

I'm also going to opine that I don't think you would do very well in a basic test of reading comprehension.

The title of the article is: How badly are we being ripped off on eyewear?

I...

Perhaps you and I are reading something different when we read the article. To me, the the author is reporting about rip-off mark-ups on glasses in the retail environment. His explanation for this...

Some would say that a would-be customer walking into a mall-based retail environment will not encounter a lot of non-luxottica options to buy eyewear.

A non-competitive monopoly does not...