Comments on: Drink heavily and recycle :)

By: lijun

lijun — Sat, 18 Oct 2008 10:20:07 +0000

Here in China we have an equivalent version lol:

If you had purchased RMB 1,000 of Merchants Bank stock one year ago, you would have RMB 250 left.
With Jiangxi Copper, you would have RMB 166 left of the original RMB 1,000.
With China Shippery, you would have less than RMB 120 left.

But, if you had purchased RMB 1,000 worth of Sanlu Milk Powder one year ago, drunk all of the powder, then turned in the cans to the producer, you would have RMB 1,000 cash.

By: Gabriel

Gabriel — Mon, 13 Oct 2008 01:01:21 +0000

Very good advice…So I have been investing since years ago…regretably I threw away the cans !!!

regards,
Gabriel

By: Zoltan’s Business News & Blog » Blog Archive » Quote of the day… or the year? “Drink heavily and recycle :)”

Thu, 02 Oct 2008 06:48:09 +0000

[...] just found this post on Fabrice Grinda’s blog. I usually don’t like to comment on my blog about other blogs, but I found this post [...]

By: Fabrice Grinda

Fabrice Grinda — Thu, 02 Oct 2008 04:40:07 +0000

Lol I actually thought about this when publishing the blog post, but it was too funny not to post :)

By: Stacie

Stacie — Thu, 02 Oct 2008 03:19:52 +0000

At the risk of being really nerdy (then again, look at what blog I’m on), I don’t think the math works out here. In order for the return on the beer to be $214, assuming 5 cents/can, you’d need to have purchased 4280 cans. Now, with $1,000, that means each can would have cost you slightly over 23 cents. Beer tends to cost about $1/can, and that’s not including the ridiculous alchohol taxes imposed in many states or the money NY charges you for the deposit on the cans they are assuming you are going to recycle. Even if it was really cheap beer and on sale, and even if you were getting 10 cents a can in MI, it still seems really sketchy that you’re making a 21% return on recycling the cans . . .