Archive for January, 2009

Why Do Students Own MacBooks?

January 29th, 2009 by Brad Harbach   5 Comments »

I’m amazed at how many students own Apple laptops. Don’t get me wrong, I think they are great computers, but they cost significantly more than what a comparable PC goes for. How does one justify the purchase?

A quick glance on BestBuy.com reveals the cheapest MacBook is $1,000. This comes with a measly 13.3″ screen, 1GB of RAM, and 120GB hard drive. There are 89 PC laptops on BestBuy.com that sell for less than $1000 (only 17 sell for more). You can pretty…

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What are we stimulating?

January 28th, 2009 by Will Crowthers   4 Comments »

As you’ve read the past weeks headlines, specifically today’s, you are sure to come across something about the latest and greatest ‘Stimulus Package.’ After reading countless articles in print and on the web, the question I still have is, what the heck are we actually stimulating?

I finally came across a great article (actually 3 of 3) on the stimulus package on Motley Fool. If you read all 3 parts and parts of the CBO you will be well educated on…

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What Is This Blog About?

January 27th, 2009 by Brad Harbach   waiting for comments...
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Really Big Numbers #2

January 27th, 2009 by Brad Harbach   3 Comments »

As we hopefully are all aware, your chances of winning a Powerball Jackpot are very very low. In fact your chances of purchasing a ticket that matches all five white balls and the sixth Powerball are about 1 in 200 million. Our brain understands how infinitesimally small this is, but we really struggle to visualize it. Check out this cool site (update: this site does not simulate Powerball exactly, it is just a random lotto visual that is a bit harder to win than Powerball.…

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MBA ROI

January 26th, 2009 by Will Crowthers   2 Comments »

Many of us have contemplated pursuing an MBA in hopes of a big step up the corporate ladder for a couple of years networking (read: partying it up) with other analytical thinkers. I frequently think through this option but always hit a road-block, return on investment (ROI).

The basic formula for this is to find the total cost of the MBA and the relative increase in salary you will gain after receiving your MBA. From here we can find the number…

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