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Feb 1, 2015
2:00
:00
pm
BYUtiful
if you mug rich wimps who are in the path you would have taken anyway
infinite ROI is still possible; you just have to be really lucky
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BYUtiful
Previous username
BYUinBaghdad
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BYUtiful
Joined
Aug 17, 2002
Last login
Jun 16, 2024
Total posts
34,909 (14,379 FO)
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Messages
Author
Time
How to generate an infinite return on investments. Infinite return is based on
My Soapbox
1/31/15 11:36pm
sounds like welfare to me
Cougarclaw
2/1/15 12:12am
This is silly. You aren't considering the project/investment as a whole
MightyFreakingCougar
2/1/15 2:36am
I'm sorry you feel that way? It is based on the internal rate of return
My Soapbox
2/1/15 4:45am
Haha, that 0 is very significant.
Byron McNertney
2/1/15 9:05am
Oh Byron, there's a reason you became a lawyer.
My Soapbox
2/1/15 9:18am
I don't know what that reason would be since I'm actually a CPA, CFP. I'm VERY
Byron McNertney
2/1/15 9:39am
I never said that it was a formula. There is a widely accepted formula for
My Soapbox
2/1/15 10:16am
Your math isn't the only thing that's Fuzzy
MightyFreakingCougar
2/1/15 10:32am
But he borrowed the money so that means he got the property for free.
Byron McNertney
2/1/15 10:34am
I'm sure he's a great guy but I now rescind the offer to manage my assets.
MightyFreakingCougar
2/1/15 10:39am
No it's not. IRR is specifically derived from capital outlay--there was no
My Soapbox
2/1/15 3:31pm
I just plugged in some numbers using the ratios you gave and calculated an IRR
Byron McNertney
2/1/15 10:48am
I need a burger and a beer (root) now. Reading all these numbers made me hungry
WDaddy
2/1/15 11:06am
Your calculation is way off. I'll show you, but I have a hard time believing tha
My Soapbox
2/1/15 4:26pm
Haha, dude, you're awesome.
Byron McNertney
2/1/15 4:29pm
Since you called me incompetent and I'm depressed about the Super Bowl, I'll
Byron McNertney
2/1/15 10:13pm
This really isn't that hard.
Y'zFan
2/1/15 10:35pm
Yeah, it's mostly semantics. I just didn't want to talk about the Super Bowl.
Byron McNertney
2/2/15 7:40am
I still think you are missing the point.
Y'zFan
2/2/15 9:02am
User Error
MightyFreakingCougar
2/1/15 10:07am
I am very conservative with other people's money. It was an attempt
My Soapbox
2/1/15 10:29am
theft is a great way to get infinite return on investment
BYUtiful
2/1/15 10:07am
While I don't disagree with your basic premise, it of course overlooks
Acorn
2/1/15 11:20am
if you mug rich wimps who are in the path you would have taken anyway
BYUtiful
2/1/15 2:00pm
I agree that there are substantially more factors in a true IRR calculation, but
My Soapbox
2/1/15 3:25pm
💸💸
MightyFreakingCougar
2/1/15 4:36pm
💸💸
MightyFreakingCougar
2/1/15 4:48pm
This guy explains it quite well so you can argue with him now.
My Soapbox
2/2/15 6:13am
I don't think any of us disagreed with the principles you're describing. It's
Byron McNertney
2/2/15 10:16am
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