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Old 11-14-2013, 12:38 PM
themadcutter themadcutter is offline
LawnSite Senior Member
 
Join Date: Nov 2010
Location: florida
Posts: 898
Quote:
Originally Posted by 205mx View Post
My whole point! Who doesn't understand this!?
9-9=0
4-2=2
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If figuring long term loss over a 5 year period was as simple as 9-9=0 then there wouldn't be a problem

Here's a real life example. I talked to a you g fella who just spent 18,000$ to buy 60 accounts and some old equipment (he lives at home and I believe his parents bought the accounts) so now he had about 120 accounts
He was bragging how he just doubled his income.

If he or any one else thinks he actually doubled his income then he would be one of the people who understands that
9-9=0 but doesn't understand any more than that

And this young man is typical of new owners.
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