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Bill Gates is dumb lol

Posted on 8/19/18 at 4:02 pm
Posted by joshnorris14
Florida
Member since Jan 2009
45390 posts
Posted on 8/19/18 at 4:02 pm
Posted by sicboy
Because Awesome
Member since Nov 2010
77649 posts
Posted on 8/19/18 at 4:04 pm to
You serious, Clark?
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 8/19/18 at 4:06 pm to
"He can't be dumb, he's a gazillionaire."

- Trump fans
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69494 posts
Posted on 8/19/18 at 4:07 pm to
How does does someone in his position not understand economies of scale?

Posted by IT_Dawg
Georgia
Member since Oct 2012
22124 posts
Posted on 8/19/18 at 4:08 pm to
Someone tell that frick, this is not how it worked. Global economy has many more variables then the supply-curve equallibrium chart.

And the 10th car and 1000th car are not the same cost to manufacture.

Also, production increases as demand increases to figure out how that will effect the supply to create an equilibrium at that given intersection based solely on those specific parameters.

This post was edited on 8/19/18 at 4:09 pm
Posted by Bokke
Salt Lake City, UT
Member since Nov 2014
771 posts
Posted on 8/19/18 at 4:20 pm to
What a dope.

I’m gonna go out on a limb and guess that even back then, rich people were manipulating the market way more than he imagined. The rich get richer in the stock market, and keep the poor poorer via manipulation and restriction of access.
Posted by Scoop
RIP Scoop
Member since Sep 2005
44583 posts
Posted on 8/19/18 at 4:26 pm to
How about, I dunno, maybe the first car costs more than the 100th due to something as simple labor inefficiency which will decrease with each car manufactured.
This post was edited on 8/19/18 at 4:27 pm
Posted by ProbyOne
Louisiana
Member since Dec 2004
1917 posts
Posted on 8/19/18 at 4:28 pm to
I read the second tweet, including the second sentence, to be assumptions about the chart
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 8/19/18 at 4:28 pm to
To me he is saying that the 10th car is not the same cost to produce as the 10,000th.

He is pointing out a fallacy or oversimplicity in the graph.

That's how I read it tho.







If he is seriously saying the cost to produce the 10th car=10,000th car, then frick yes he is an idiot.
Posted by Houma Sapien
up the bayou
Member since Jul 2013
1688 posts
Posted on 8/19/18 at 4:34 pm to
quote:

Bill Gates is dumb lol


How much are you worth? Bet you wont answer
Posted by ChineseBandit58
Pearland, TX
Member since Aug 2005
43183 posts
Posted on 8/19/18 at 4:35 pm to
I doubt that straight line linear functions were ever “taught” as definitive relations in any eco class.

However, i can see that silly graph being used to make a point about intersections.

If he he says he thought that was instruction about economic functions he is lying. Nobody is that stupid.
Posted by Knight of Old
New Hampshire
Member since Jul 2007
11100 posts
Posted on 8/19/18 at 4:47 pm to
Dude did not graduate...
Posted by narddogg81
Vancouver
Member since Jan 2012
19753 posts
Posted on 8/19/18 at 4:48 pm to
quote:

'when a car company makes a new car, the 10th car costs the same as the 1000th'
that's just not true
Posted by airfernando
Member since Oct 2015
15248 posts
Posted on 8/19/18 at 6:36 pm to
I wouldn't say he's dumb. He just has no shame and thus doesn't mind looking stupid for the sake of propaganda.
Posted by MondayMorningMarch
Pumping Sunshine. She's cute!
Member since Dec 2006
17022 posts
Posted on 8/19/18 at 6:55 pm to
Bill Gates is so dumb that he had to drop out of Harvard to make his first $1,000,000,000.

I'm gonna bet everyone in this thread is still working on their first $1,000,000.
Posted by waiting4saturday
Covington, LA
Member since Sep 2005
9782 posts
Posted on 8/19/18 at 8:24 pm to
Dude lives in Seattle, and still doesn’t understand how Boeing makes money. SMH
Posted by Chuker
St George, Louisiana
Member since Nov 2015
7544 posts
Posted on 8/19/18 at 8:25 pm to
Bill gates is a globalist first and American second. When you have his kind of money, everywhere can be home.
Posted by RobbBobb
Matt Flynn, BCS MVP
Member since Feb 2007
28090 posts
Posted on 8/19/18 at 10:08 pm to
They didn't have Big Baller Brand shoes when Bill was young, so his chart is like an oldie goldie in todays economy, fo reelz
Posted by Clark14
L.A.Hog
Member since Dec 2014
20287 posts
Posted on 8/20/18 at 12:03 am to
OP says Bill Gates is dumb and lol....?

Who's dumb?
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