Comments by "Tiago D\x27Agostini" (@tiagodagostini) on "How Money Works" channel.

@franganitomario But in the short and medium term it rarely is...that is the hard reality.
1
My take and a owner of a small company myself. Zero management is not possible because there are layers of bureocracy enforced by government (and in most countries they do it way more than USA), but anything beyond that should be avoided as much as possible. Specially the depth of the chain of command should NOT be above 4 levels, most likely 3 levels if possible.
1
Well One of my first filters when hiring is to cut out any of these linkedin surfers that keep pretending to love things that they do hate. I do not want to hire a liar! Any statement that you make that sounds like an absurd lie will harm your chance of a GOOD job.
1
How much is a Medium apartment in an average city in USA? I always see examples about houses, americans seems to fiaxted on houses, almost no one in world can afford to live in HOUSES anymore.
1
@auraguard0212 AI does not care if yuo are at home or not. In fact all AI usually work "from home" deep inside an Amazon datacenter.
1
@Calibrumm Not true. not true at all. Ai can do those jobs hundreds times faster. So instead of hiring 10 people to do it, you hire just 1 to make the final check.
1
@richardbechtel8317 You will not ever have laws requiring work from home. A company is and always will be entitled to define requirements to work for them. Only competition for workers will make companies do it and even then will never be the absolute majority as several jobs require presence, be it for physical issue or for security concerns.
1
People take the issue in the wrong way. Do not seek a job you love. Seek a job that you do not HATE, that is enough.
1
Easy.. the concept is inflation must be slightly higher than the interest rate for what you describe.. not ABSURDLY larger.
1
The problem with spending 7 USD in a coffee is not the compound cost.. it is that it shows you are stupid, yes STUPID. I am a developer, so I do drink coffee like hell as fuel, and I spend about 50 USD per year on it. It is STUPID to spend 1400-2000 usd for what you can get for 50. If your willpower is that low that you suffer to see someone drinking in a cup with a mermaid, than THAT IS your problem.. you are TOO STUPID to see that the mermaid does not MATTER
1
@dailyrant4068 The issue is, if he raises paycheck at amazon enough that people get happy, suddenly amazon is less profitable than other companies in the stock market and then ALL INVESTORS move there, and suddenly the company values collapse. When you enter the market you cannot afford to leave the zone of the "most profitable".. because it is a death sentence.
1
There are exceptions. When you enter a startup usually it is a good opportunity to go above because you will be considered for a Director position later as startups usually cannot affort to hite a director with long experience on it.
1
@Nick84525 Maybe,, but you also understand that all workers need to be profitable for their employers? The best way to help make easier to increase wages of low wage jobs is reduce taxes on companies that hire a lot of these people. No company will EVER pay more to an employee than his ROI.
1
@Nick84525 no they do not, then they need to fire the workers or reduce their wages. If you never had a business of yourself with employees then refrain of commenting on something you do not understand. Workers do not automatically bring profit. If your work cost 5 K per month to sustain and he/she creates a ROI of 4K they are NOT profitable! A classical example were the old telephony attendants that were mostly replaced by automatic answering systems. The job itself is worth less than the minimal wage.. it is NOT PROFITABLE! it is NOT about if the company CAN or cannot pay the job, it is about ROI of EACH investment, of EACH job. if you do not understand what ROI is then you shoudl not talk about what some business should or should not do
1
@Nick84525 No it does not. If I have a company I do whatever I WANT with it. Want a company that doe snot seek proffit? GO make YOURs and see how REAL LIFE is.
1
@Nick84525 So START YOUR OWN COMPANY! STOP crying like a children and grow up some BALLS! BUILD YOUR OWN COMPANY and I DARE you pay to your employees more than their ROI.
1
@Nick84525 HA, so you are too lazy to make your own company and want the people that are really competent and that sacrificed their lives (that you are too soft to make) to not be able to get their reward? That is PATHETIC . You are a failure just because of that very mentality! GET through your head, you are a LAZY DUDE THAT THINK YOU ARE ENTITLED THINGS! NO ONE IS ENTITLED ANYTHING!
1
@Nick84525 Because you cannot have the cake and eat it at same time! You can have ONE or other, ad EVERY OTHER HUMAN BEING! Everyone that made himself rich DID NOT HAVE A LIFE, they PAID THE PRICE! You do nto want it? Ok .. it is your decision but you will NOT BE SUCESSFULL!
1
@nickh7777 It is not magical you need to calculate ( pre emptively estimate or later measure the real value). You see how much you invest how much you get of return after taxes an d costs and calculate how much ROI you have per year. That is basic. If you do not understand that.. you should not even talk about economics.
1
@nickh7777 To be traded openly the numbers need to be public. But they are raw non calculated. When they make their semester reports you usually have there all you need .The profit and the investment are there.. and you extrapolate with a long series throughout time (making in a single semester is not reliable since an investment may bear fruits much later)
1
Sorry on your exact example of software development 10 hours per day does not WORK. Software development is EXTREMELy taxign on the mind. Most developers already can only produce at most 5 -6 hours per day .
1
@JohnCrawford1979 Yes and no. What changes job openings are several factors but the ones that make most effect are practice changes of other big companies. Your answer has part of a way, people need to do it themselves, join in groups and make companies for providing services and negotiate in groups (that is FAR FAR more effective than unions, because unions keep the useless people as well, if you make a company you can keep only the people that bring strength to your group. Of course in some areas that is harder than others to do. Companies treat their employees as resources because that is what they are! They are NOT family, they are resources, pretending they are not is just bullshit. People just need to SELL themselves as resource sellers do, in large packages..... Btw job market in USA is NOT bad, seriously compared to rest of world US is still very good. .. is it sliping? yes, but it it no where near a horrible place yet.
1
When you want to talk about if crime pays you need to check Brazilian ex presidents that steal crapton get proven to be guilty arrested but then the supreme court buddies change the law interpretation adn simply decide that any proof against said former president is invalid. Talk about crime paying off.
1
44 USD per hour still is an absurdly high salary for an unskilled job. They are dooming their own jobs, there is no way they will not be replaced by automation. That is 2 times of what an eletronic engineer with 10 years experience earn outside USA.
1