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Why is Generation Y so lame?


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2007 Apr 8, 3:39am   12,428 views  181 comments

by Peter P   ➕follow (2)   💰tip   ignore  

I do not feel the need to enumerate their lameness.

Nevertheless, lame or not, they represent a huge market. How can businesses capitalize on this generation? Will this cohort make Web 2.0 a blockbuster success?

How will the future housing market react? Will there be another bubble when these young folks decide to become productive?

By the way, I am not saying that Generation X is not lame.

Are we lame or not?

Is "lame" a lame word?

Peter P

#housing

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74   Malcolm   2007 Apr 8, 2:24pm  

OMG yes, at least they knew the difference between how men and women should act. It was so refreshing in one of my MBA classes to meet ladies from Argentina, and Russia who actually were feminine and very bright. They actually dressed like girls.

75   Peter P   2007 Apr 8, 2:26pm  

I do not know why modern men think that clothing must be revealing to be sexy.

76   Malcolm   2007 Apr 8, 2:27pm  

It usually goes the other way. You correctly pointed out that patents are given to the new less capitalized companies. What happens is the larger players in the industry intentionally infringe to force them to expend resources to protect the patent thus making them vulnerable. I can cite a great case where 'kiddie' a home product company making things like fire extinguishers almost destroyed a rival who invented a fire escape ladder. Even that was basically a rope ladder with metal rungs but the point of the case is what I'm talking about.

77   Peter P   2007 Apr 8, 2:28pm  

I guess you are right. One just need competent lawyers, always.

78   Malcolm   2007 Apr 8, 2:31pm  

Yup, I am so desensatized that most female attire is just blah. I do have to tell you a funny story about this sexy girl in NM near the trinity site where the A-bomb was detonated. She owns a rock shop and I bought a piece of trinitite. She kept talking about how hard it was to meet men. She was such a spaz that I can imagine she scares them away, she was hot but talked like a man. With my girlfriend there she then pulls down her pants to show me and another guy in the store her frog tattoo right by her bush. She then joked and said that on the otherside she had a mouse but the pussy ate it. Funny, but not very lady like.

79   Malcolm   2007 Apr 8, 2:34pm  

The other flaws that I see in boomers all the way down to the Ys is the failure to form lasting relationships. Everyone I talk to, and I mean everyone is stunned that I have been with my girl for 15 years. Literally some people pestering me to get married have two divorces in their past.

80   Malcolm   2007 Apr 8, 2:35pm  

That's all the patent system has been reduced to. Just a bunch of little people in suits running around the courts and the patent office trying to either erect a barrier, or tear one down. It's a joke.

81   Malcolm   2007 Apr 8, 2:40pm  

BTW I think Roswell NM is an up and coming place for real estate investing. It is one of the few places that has a tourist industry in NM because the whole UFO thing is so unique. It can't be duplicated in other areas. They are really evolving with the theme and it is quite a nice little town. I was talking to someone who is part of a group going to build a UFO themed hotel resort. This is going to be a chain reaction because other industries are going to jump onboard if the resort is built. It could turn into a non gaming Vegas type place. They even have a big airport here. It was something to drive down the highway and off in the distance seeing 747s dwarfing the trees between them and me.

82   Brand165   2007 Apr 8, 2:40pm  

Maybe I should become a patent lawyer. Lucrative and steady work. :)

83   Peter P   2007 Apr 8, 2:40pm  

Everyone I talk to, and I mean everyone is stunned that I have been with my girl for 15 years.

Nearly all of my friends have divorced at least once. I have had only one sweetheart in my entire life. Believe it or not.

84   Peter P   2007 Apr 8, 2:41pm  

Maybe I should become a patent lawyer. Lucrative and steady work. :)

There used to be one on this blog. Where is "escaped from DC?"

85   Malcolm   2007 Apr 8, 2:44pm  

At one company I worked for we had a part time patent guy who made 200K a year. Yes, it is the most lucrative field of law IMO. Yes the injury ones do really well but as a steady income patent guys do really really well.

86   Peter P   2007 Apr 8, 2:45pm  

Just a bunch of little people in suits running around the courts and the patent office trying to either erect a barrier, or tear one down.

Your honor, tear down this wall!

87   Malcolm   2007 Apr 8, 2:46pm  

I bet those guys still struggle to pay their bills. God lawyers are incompetent with finance. They sure live the rock star life though. A friend of mine's wife worked at a law firm. Man did she have stories, we had a good time once because we went to a baseball game and sat in the box.

88   astrid   2007 Apr 8, 2:47pm  

bankruptcy lawyers will be big soon, already getting there

89   Malcolm   2007 Apr 8, 2:47pm  

ha ha

90   Malcolm   2007 Apr 8, 2:48pm  

I even herd Ron's voice in my head as I read that one.

91   Peter P   2007 Apr 8, 2:48pm  

God lawyers are incompetent with finance.

Can't argue. Any high-income professional can be culpable of this.

92   Peter P   2007 Apr 8, 2:49pm  

bankruptcy lawyers will be big soon, already getting there

That would be interesting. Are BK lawyers better at their finances? I heard that many doctors smoke.

93   Malcolm   2007 Apr 8, 2:50pm  

Lots of business but it is a commodity. Simple forms, and a zillion lawyers competing. Definitely a big industry. Guess they can do well in volume. We have some real class acts in San Diego.

94   Malcolm   2007 Apr 8, 2:51pm  

I love the ones that say little or no money down starts your bankruptcy case.

95   Malcolm   2007 Apr 8, 2:52pm  

Hey guys, you know you are offering credit terms to people who have demonstrated that they don't pay their bills.

96   Peter P   2007 Apr 8, 2:52pm  

I love the ones that say little or no money down starts your bankruptcy case.

Ha! Bad credit OK, I presume?

97   Brand165   2007 Apr 8, 2:53pm  

bankruptcy lawyers will be big soon, already getting there

How will they get their fees? :o Maybe it's more profitable to be the anti-bankruptcy lawyers who stick it to people under the new laws.

98   Malcolm   2007 Apr 8, 2:54pm  

Can’t argue. Any high-income professional can be culpable of this

You are very enlightened. A memorable MBA session was when we had a guy come in and talked about 'shaking down some doctors' when he needed angel funding. Professionals are great targets because they have no idea what to ask. They totally get turned on by a flowery story.

99   astrid   2007 Apr 8, 2:55pm  

BK lawyers get first dibs on the bankruptcy estate

100   Malcolm   2007 Apr 8, 2:56pm  

Small businesses are funded in this order, the three Fs.

Family
Friends
Fools (the professionals)

101   Peter P   2007 Apr 8, 2:57pm  

BK lawyers get first dibs on the bankruptcy estate

Ooh, all $23.47 in the account. :)

102   Malcolm   2007 Apr 8, 2:58pm  

OMG, I've got a story one of those BK lawyers told me. You know what some of those scumbags do? They get the client to pay them with a credit card and then add that credit card to the creditor list. I just remembered that story.

103   Malcolm   2007 Apr 8, 3:01pm  

Yup, times change. Camaros were the greatest status symbol when I was in high school. Now I'm like, what the f@ck were we thinking? Man NM is like a time capsule, people here love those 80s American POSs. The emissions in this state are about the same as in the 80s. I'm getting headaches everytime we follow too closely, and they still smoke in restaurants.

104   OO   2007 Apr 8, 3:02pm  

Anyone who is familiar with the recent H1B crisis? It seems like the 2007 (or 2008) quota is already completely used up so lots of foreigners with job offers will need to leave.

The Congress seems to be reviewing a new proposal of lifting the cap of H1B by another 50,000 a year. How likely will such a bill go through?

105   Malcolm   2007 Apr 8, 3:04pm  

Peter you might get your way. Looks like they are going to settle on a fee for work visa solution. $3500 per pop.

106   Brand165   2007 Apr 8, 3:05pm  

Malcom, I know you aren't ripping on Camaros. :o

Although 80's camaros (3rd gen) completely sucked from a body style standpoint. 1st generation rocked the hardest. A classic 60's RS or SS is a beautiful vehicle.

107   Peter P   2007 Apr 8, 3:06pm  

The Congress seems to be reviewing a new proposal of lifting the cap of H1B by another 50,000 a year. How likely will such a bill go through?

I am against all kinds of numerical quota. The market will let us know how many is enough.

However, the crisis means that many potential home-buyers will not be buying anymore. Oops. Spring bounce indeed. :twisted:

108   Peter P   2007 Apr 8, 3:08pm  

Peter you might get your way. Looks like they are going to settle on a fee for work visa solution. $3500 per pop.

Perhaps they should auction off the quota. The proceeds will go into the education system. :)

109   FormerAptBroker   2007 Apr 8, 3:12pm  

Malcolm Says:

> The other flaws that I see in boomers all the way
> down to the Ys is the failure to form lasting
> relationships.

The reason we have more Y’s with screwed up relationships is that we have more Boomers with screwed up relationships.

People tend to do what they saw growing up so if a kid grows up in Africa and watches Mom & Dad gather nuts and bugs to eat in the mud hut odds are that the kid will grow up and gather nuts and bugs and live in a mud hut…

If a kid grows up in Presidio Heights and watches Dad play dominos at the PU Club and watches Mom work on JLSF fundraisers he will probably grow up and play dominos at the PU Club while his wife works on JL fundraisers…

Most (but not all) the people I know who grew up in a screwed up divorced home have been divorced at least once while most (but not all) the people I know that grew up in a (at least appearing to the outside) normal home with parents still married are still married…

110   Malcolm   2007 Apr 8, 3:12pm  

BAP, that is true although the Gila forest was gorgeous. Lots of tall healthy trees. The Indian cliff ruins were amazing.

111   Malcolm   2007 Apr 8, 3:15pm  

The reason we have more Y’s with screwed up relationships is that we have more Boomers with screwed up relationships.

Right on, and I've thought that too. Why though are the boomers so screwed up when they had nice Leave it to Beaver families? I know that is a myth, and they had molesting priests and overbearing fathers but really, they had a better head start than the generations before them and the blew it. They just figured their parents were evil and tried to not be like them at all.

112   Malcolm   2007 Apr 8, 3:40pm  

I had an 80 Capri in high school, and a 78 Camaro just after. I thought I was cool, I was wrong. To add to that in the early 90s we bought one of those Firebirds. It was that nice red color with T tops. It actually was a pretty cool car, but once you go from that to a well made foreign car you just can't go back. Once you go Jap you don't go back.

Baby Boomers- that is all true, and they were so promising with new ideas. I guess that's what I mean when I call them hypocrites. When they had to bear the costs they didn't promote blacks, oh they made a show of affirmative action and tried to make everyone else do it but they just became incredibly selfish and materialistic. They are the first generation to literally make sure that their heirs don't have an inheritance to build on. Only a baby boomer would come up with the concept of a reverse mortgage.

113   Malcolm   2007 Apr 8, 3:42pm  

I think the Clintons are the poster children of baby boomers. Do onto others the way I say you should, never mind what I'm doing.

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