Originally Posted by
SharpestTool
Quit being silly Carl. The NMB does not believe in perpetual motion anymore than I do. You believe in it, and that is your prerogative. The world of business and finance disagree with you. What else can I say?
Nobody is mentioning perpetual motion but you. We're talking about costing out future profit sharing in Section 6 negotiations.
Originally Posted by
SharpestTool
How do you think things like insurance annuities are valued? If we go by your reasoning, they can't be valued because the future is unknowable. LOL!
Insurance companies value their annuities based on long bond yields at the time of purchase, plus other factors such as life expectancy based on risk factors. All of these are known quantities at the time the insurance company sells the annuity. But again, this topic has nothing to do with costing out future profit sharing in Section 6 negotiations.
Originally Posted by
SharpestTool
Where were you educated? Dude, c'mon.
You likely know somebody in management in one company or another, or perhaps someone who has a business degree in finance. Why don't you run your thesis on costing of profit sharing by them and get their take. Using your imagination to put yourself in the shoes of a business owner might work if you give it a try.
Personal insults won't change facts.
Carl