![]() It is a parable of pure capitalism, never jam today and a case of jam tomorrow but as any of the Smiths will tell you, anyone who has ever sold IBM has regretted it. And the IBM is there, nursed and watered and fed, the Genii of the House, growing away in the early hours of the morning when everyone is asleep. In short, for three generations the Smiths have worked as hard as their friends who had no money at all, and they have lived just as if they had no money at all, even though the various branches of the Smith family all put together are very wealthy indeed. When he dies, the stock is split up between his heirs, who also hold and never sell, and who also end up as millionaires, as do their heirs. One reason for the company's marvelous performance is, of course, that it retains most of its earnings and pays low dividends. They don’t, and they make the same stipulation to their heirs. His $20,000 becomes millions of dollars, and he insists that his heirs never sell the stock. More interesting is an earlier section on investor psychology, which has a bit called "IBM as Religion: Don't Touch, Don't Touch." It's a story about someone who invests in IBM's predecessor, Computing-Tabulating-Recording Company, and holds the stock for his entire life. In "Adam Smith"'s wonderful book, The Money Game, the concept of a growth stock is illustrated with a five-year table of some high growth companies' earnings per share IBM is at the top of the list. In fact, IBM reported positive annual earnings growth every year from 1952 through 1979. In this time, they didn't report a loss, and they didn't even report a sequential decline in annual earnings. IBM "bet the company" on one product in the 1960s, with a total budget that exceeded twice the cost of the Manhattan Project. In the late 70s and early 80s, after several industry transitions, the entry of smaller and more agile competitors like DEC and Control Data as well as larger and more resourceful ones like GE and Exxon, IBM's market share was still 70%. By 1956, IBM's market share in computers was 85%. ![]() In 1953, UNIVAC was basically the only company selling computers commercially. Jeremy Johnson, an American scientist, told The Sun that women have a centre of mass more aligned with their hips which makes challenges like these easier for them: “The centre of mass for most girls is lower to the hips, while the centre of mass in boys is much higher.Learning about IBM in the context of the early history of the computer industry has the same shock value as watching Star Wars: A New Hope for the first time: "That's no moon. This acts on a similar principle to the chair challenge, which took over the internet a couple of years ago. Whilst men falling is the case the majority of the time, there are also a number of individual factors such as core strength and length of limbs that come into play, so it’s still somewhat likely that some women will fall and some men will stay up. Men are lengthy creatures and tend to be built larger than women on average, and their proportions just don’t seem to allow this kind of manoeuvre when compared to the anatomy of women. It’s down to, as the name suggests, the natural centre of gravity difference between men and women. How does the TikTok centre of gravity challenge work? I can confirm that I myself faceplanted HARD and got some nice carpet burn on my nose. #stitch with □□□ ♬ original sound – louisefraser01 It may be worth finding some carpet or a pillow to put beneath you if you’re attempting this, unless you’re feeling particularly relaxed about having a nosebleed or concussion today. From this point, you’ll either stay up and manage to balance (which is what happens with most women), or you’ll completely smash your face on the floor. Then quickly remove your arms, putting them behind your back. Kneel on all fours, with your pelvis aligned with your knees. How do I do the TikTok centre of gravity challenge? certain he has a concussion □ #fyp #challenges_tiktok #tiktokchallenge #viral #coupleschallenge #comedy ♬ original sound – Meg Smith This has got people a little confused to say the least, so how do you do the couple’s centre of gravity trick? And why do men fall more often than women when doing the TikTok centre of gravity challenge? Let’s take a deep dive into the latest face-busting craze on TikTok at the moment. When they both remove their arms from the floor, what follows can only be described as miraculous – women stay up, whilst men thud their face straight into the ground. The TikTok centre of gravity challenge is often done with couples, and requires both participants kneeling on all fours. Fantastic news – there is a brand new TikTok challenge, and it pretty much assures to make your chosen male victim fall flat on their face whilst you smugly remain unscathed.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |