2/ ...the #MichaelJordan vs Lebron debate has heated up over the years.
I love ‘Bron but obvi think MJ is 🐐.
From a persuasion standpoint “6 for 6 with 6 Finals MVPs” is pretty much perfection...
3/ ...BUT if Lebron was ever going to leap frog MJ, Skip Bayless could make it happen..and here’s how...
4/ ... there’s a famous saying in US politics that “only Nixon could go to China”...
5/...in 1972, Richard Nixon went to China and met Chairman Mao. He became the first US president to visit China since the Chinese communist party took power in 1949 (here’s a really good book: amazon.com/Nixon-Mao-Week…) ...
6/...the reason Nixon “was the only one that could go to China” was because he was an ardent anti-Communist and basically couldn’t be accused by the Right of “being soft on communism” if he visited Mao..
7/...so he did and began the thawing of relationships between America and Communist China (which had the double effect of isolating the other major Communist power — USSR)...
8/...so back to Skip Bayless...he has been the biggest anti-Lebron commentator for at least a decade AND Skip loves MJ.
Basically, Skip is the only one that “can go to China” in the MJ/LBJ GOAT debate ...
9/ ...if he was to ever say “LBJ is better than MJ”, the world would literally stop spinning on its axis (and Lebron WOULD be GOAT).
No one could accuse Skip of “going soft on Lebron”...
10/...so yeah, there’s my thread on the Lebron vs MJ GOAT debate.
If you are the person that did the un-aligned letters for the previous eBay logo, please contact the research app team. We are huge fans of how un-aligned the “e” is with the “y”.Bearly.AI
This article offers up reasons for popularity of simple font logos (mostly Sans Serif):
— Easier to standardize ads across mediums
— Improves readability (especially on mobile)
— The “brand” matters more than the logo velvetshark.com/why-do-brands-…
Berkshire Hathaway board member Chris Davis once asked Charlie Munger why Costco didn’t drop the membership card.
Let anyone shop and raise prices by 2% (still great value), thus making up for lost membership fees (and more).
Munger said the card is important filter:
▫️“Think about who you’re keeping out [with a membership card]. Think about the cohort that won’t give you their license and their ID and get their picture taken.
Or they aren’t organized enough to do it, or they can’t do the math to realize [the value]…that cohort will have a 100% of your shoplifters and a 100% of your thieves. Now, it’ll also have most of your small tickets.
And that cohort relative to the US population will probably be shrinking as a % of GDP relative to the people that can do the math [on Costco’s value].”▫️
I have a membership but have been guffing on the math for a few years tbh. They keep telling me to upgrade from Gold to Business but I’m too lazy (even if the 2-3% Cash Back on Business pays back after a few trips).
This is a long way of saying Costco’s membership price hike effective today — its first in 7 years — is annoying but when I decide to do the math in a few months, it’ll be worth it.
Anyway, here is something I wrote about Costco’s $9B+ clothing business my affinity for Kirkland-branded socks and Puma gym shirts. readtrung.com/p/costcos-9b-c…
Two notes:
▫️Meant “Executive” (not “Business”) membership
▫️Chris Davis was doing a pure thought experiment. Costco membership obvi high margin (on~$5B a year) and accounts for majority of Costco profits. Retail margin is tiny on ~$230B of annual sales (Costco would need like another $150B+ from letting anyone shop to make up membership profits)
One of the Team USA rowers who won a Gold Medal is an investment banker and actually did the “B2B SaaS Sales” joke on Linkedin. Legend.
Here’s the rest of the post (perfectly formatted to show up in the feed as a shitpost): linkedin.com/feed/update/ur…
Justin if you’re reading this and are available for consulting, the research app team would love to engage your B2B SaaS knowledge for our Q4 sales roadmapBearly.AI