Are people as dumb as they are on tv?

  • Thread starter Thread starter Pengwuino
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Discussion Overview

The discussion revolves around perceptions of intelligence in relation to financial decision-making, particularly in the context of investing in the stock market as depicted in television shows like Friends. Participants explore whether people in real life exhibit similar levels of poor judgment when it comes to money management and business ventures.

Discussion Character

  • Debate/contested
  • Conceptual clarification
  • Exploratory

Main Points Raised

  • Some participants express skepticism about the intelligence of people in real life, suggesting that they may be even less savvy than portrayed on TV.
  • Others argue that investing small amounts of money, like $157, for fun can be seen as reasonable, comparing it to gambling.
  • Concerns are raised about the implications of statistics regarding small business failures, with some participants expressing a lack of confidence in starting their own businesses due to these statistics.
  • There are discussions about the importance of having a solid business plan, with some participants questioning what constitutes a good business plan.
  • Some participants share anecdotes about individuals in positions of authority who exhibit poor financial literacy, suggesting a broader issue with decision-making capabilities.
  • There is a mention of the potential dangers of privatizing social security, with concerns about the general public's ability to make informed investment decisions.

Areas of Agreement / Disagreement

Participants do not reach a consensus on the intelligence of people in real life compared to TV portrayals. Multiple competing views are presented regarding financial decision-making and the factors contributing to business failures.

Contextual Notes

Participants reference various statistics and personal experiences, but there is no agreement on the accuracy or implications of these statistics. The discussion includes assumptions about financial behavior and decision-making processes that are not universally accepted.

  • #31
sid_galt said:
IMO, instead of offering just computers, offer solutions like what PC one should buy etc. What type of customers will you be targeting in the beginning? If it's the average home user, then keep softwares/games that appeal to them. Offer pre-installed software. To home users don't just offer performance, keep in mind the style too.

Are you putting up assembled PCs or branded ones? If they are assembled, and if you have the resources, build your own website and offer online booking and online building of PCs.

Its going to be mainly online i think. there's a crazy amount of software on the computers thanks to works suite :D Plus there's antivirus and anti-spyware software and a 'how to use your computer' cd by that vidoe professor guy :D. There assembled PC's... i can't offer online building yet because i don't have the resources to keep any decent amount of inventory in stock.

IRT employees: I'll probalby just set a good deal of rules and not be a jerk about petty things. I've never worked for anyone in the traditional sense... but I've heard plenty of things from friends as to why they want to quit their jobs to know what not to do lol.

I'm probably going to just throw stuff on shelves and keep a simple record of in/out inventory for the time being. If things start getting off the ground, ill change inventory system.
 

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