[SEL] Fwd: Coolspring Spotlight: 1911 15 HP Foos

[Jim Dragoset]

"Lowest inflation rate in fifty years"

Jim Dragoset
Cathodic Protection Specialist
Galvotec Corrosion Services, LLC


-----Original Message-----
From: sel-bounces at lists.stationary-engine.com
[mailto:sel-bounces at lists.stationary-engine.com] On Behalf Of Dave Rotigel
Sent: Wednesday, January 21, 2015 1:46 PM
To: The SEL email discussion list
Subject: Re: [SEL] Fwd: Coolspring Spotlight: 1911 15 HP Foos

I charged $0.02 for engine rentals last year, so it is really a decrease of
100% from last yearAND I'm taking a loss this year!. In case no one
understands this form of farytaileconomics you need to listen to Dear
Leaders SOTU thing last night, again!
	Dave

On Jan 21, 2015, at 11:56 AM, Spencer Yost wrote:

> Margin is 50%.  Profit is 100%.  Markup is synonymous with margin and is
also, obviously, 50%. 
> 
> But this problem illustrates why ratios and statistics in general are the
third head of Mark Twains lying beast:   The percentage will change based on
which factor is the denominator and which is the numerator of the underlying
ratio.   Interchange them and the results change drastically even though the
underlying definition changed only subtly.
> 
> So now you know.....
> 
> Spencer
> 
>> On Jan 21, 2015, at 10:08, Doug Tallman <dtallman at accnorwalk.com> wrote:
>> 
>> Roger, Weren't you paying attention in real estate school or do they 
>> do things different in KA?? I have to agree with Dave here. The sale 
>> was
>> .02 and the cost was .01 so the profit was half the sale which is 50%. 
>> Doug T
>> 
>> 
>> 
>> ROGER DIRUSCIO wrote:
>>> That must be some of the new math, looks more like 100% profit to me
>>> 
>>> Roger
>>> 
>>> 
>>> On Tuesday, January 20, 2015 7:35 PM, Dave Rotigel <rotigel at me.com>
wrote:
>>> 
>>> 
>>> 
>>>> It will be good to see you again Kerry! Are you bringing an engine, 
>>>> or would you like me to sell you one of mine for $0.01, and then 
>>>> I'll buy it back from you at the end of the show for $0.02? (That's 
>>>> 50% profit AND you need to be displaying an engine in order to get 
>>>> an exhibitors pass! Reg is buying The Perfect MAYTAG, but I still 
>>>> have one engine for sale. I, also, believe that the French boys are 
>>>> buying one of Arnie's engines--but I KNOW that he is charging them 
>>>> $0.05! Damned highway robbery, if you ask me!)  Dave
>>>> 
>>>> On Jan 20, 2015, at 5:44 PM, Kerry wrote:
>>>> 
>>>> 
>>>>> 
>> 
>> _______________________________________________
>> SEL mailing list
>> SEL at lists.stationary-engine.com
>> http://www.stationary-engine.com/mailman/listinfo/sel
> 
> _______________________________________________
> SEL mailing list
> SEL at lists.stationary-engine.com
> http://www.stationary-engine.com/mailman/listinfo/sel


_______________________________________________
SEL mailing list
SEL at lists.stationary-engine.com
http://www.stationary-engine.com/mailman/listinfo/sel