Author Topic: Interesting Articles...  (Read 2392278 times)

Offline aygart

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Re: Interesting Articles...
« Reply #6220 on: February 08, 2017, 11:42:29 PM »
https://www.bloomberg.com/news/articles/2017-02-08/the-big-reason-whites-are-richer-than-blacks-in-america

Does this have any truth to it or is it politically motivated?

I wonder how many wealthy immigrants or descendants of immigrants inherited wealth.
Well the frum community is almost all not more than 3 generations from immigrants
Feelings don't care about your facts

Offline ExGingi

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Re: Interesting Articles...
« Reply #6221 on: February 09, 2017, 04:42:36 AM »
Well the frum community is almost all not more than 3 generations from immigrants
Well, Dan is an exception (I will allow the experts to dig up the reference).

Immigrants could have come with wealth.

There's a wealth devide in the frum community too (that has nothing to do with race).
I've been waiting over 5 years with bated breath for someone to say that!
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Offline ExGingi

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I've been waiting over 5 years with bated breath for someone to say that!
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Offline Boruch999

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Re: Interesting Articles...
« Reply #6223 on: February 09, 2017, 07:30:10 AM »
Only thing I see in her favor is pass practice. If that same past practice wasn't extended to all religions IMHO she does not have a case.

What other religions prohibit work on weekdays?

Offline aygart

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Re: Interesting Articles...
« Reply #6224 on: February 09, 2017, 07:50:42 AM »
Well, Dan is an exception (I will allow the experts to dig up the reference).

Immigrants could have come with wealth.

There's a wealth devide in the frum community too (that has nothing to do with race).
I am also an exception from my mother's side.

Within the frum community coming with wealth was extremely rare.

There is a divide within all groups. I doubt the divide within the frum community has any correlation to wealth brought with the immigrant.
Feelings don't care about your facts

Offline Boruch999

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Re: Interesting Articles...
« Reply #6225 on: February 09, 2017, 07:55:58 AM »
https://www.bloomberg.com/news/articles/2017-02-08/the-big-reason-whites-are-richer-than-blacks-in-america

Does this have any truth to it or is it politically motivated?

I wonder how many wealthy immigrants or descendants of immigrants inherited wealth.

Malcolm Gladwell in "Outliers" has a section on a study done with people going in to car dealerships to get quoted on cars.  IIRC they were all 20-30, dressed well and presented themselves as college educated young professionals.  Men consistently got an initial quote lower than woman and whites lower than blacks.  Even after negotiation, those relationships remained true.

ETA: http://www.outsidethebeltway.com/car_salesmen_different_people_different_prices/
« Last Edit: February 09, 2017, 08:00:31 AM by Boruch999 »

Offline yuneeq

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Re: Interesting Articles...
« Reply #6226 on: February 09, 2017, 09:25:47 AM »
Malcolm Gladwell in "Outliers" has a section on a study done with people going in to car dealerships to get quoted on cars.  IIRC they were all 20-30, dressed well and presented themselves as college educated young professionals.  Men consistently got an initial quote lower than woman and whites lower than blacks.  Even after negotiation, those relationships remained true.

ETA: http://www.outsidethebeltway.com/car_salesmen_different_people_different_prices/

"African-American buyers were charged the same price differentials by African-American dealers as they were by white dealers. Female customers were treated just as poorly by female salespeople as they were by male salespeople. Neither the race nor the gender of dealers and/or salespeople seemed to matter."
Visibly Jewish

Offline JTZ

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Re: Interesting Articles...
« Reply #6227 on: February 09, 2017, 10:11:48 AM »
What other religions prohibit work on weekdays?
Not sure but it is a sure bet other religions have rules they will effect ones work.
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline zh cohen

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Re: Interesting Articles...
« Reply #6228 on: February 09, 2017, 11:47:51 AM »
Malcolm Gladwell in "Outliers" has a section on a study done with people going in to car dealerships to get quoted on cars.  IIRC they were all 20-30, dressed well and presented themselves as college educated young professionals.  Men consistently got an initial quote lower than woman and whites lower than blacks.  Even after negotiation, those relationships remained true.

ETA: http://www.outsidethebeltway.com/car_salesmen_different_people_different_prices/

I completely do not understand the way (new) car sales work. Why are there not just pricetags like anything else people buy?

Offline yuneeq

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Re: Interesting Articles...
« Reply #6229 on: February 09, 2017, 11:55:03 AM »
I completely do not understand the way (new) car sales work. Why are there not just pricetags like anything else people buy?

They all have a price tag but no one pays full price (or at least shouldn't)
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Offline AsherO

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Re: Interesting Articles...
« Reply #6230 on: February 09, 2017, 12:04:03 PM »
I completely do not understand the way (new) car sales work. Why are there not just pricetags like anything else people buy?

So people who are willing to pay more can be squeezed for more money.
DDF FFB (Forum From Birth)

Offline Boruch999

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Re: Interesting Articles...
« Reply #6231 on: February 09, 2017, 01:01:39 PM »
"African-American buyers were charged the same price differentials by African-American dealers as they were by white dealers. Female customers were treated just as poorly by female salespeople as they were by male salespeople. Neither the race nor the gender of dealers and/or salespeople seemed to matter."

The original article did not claim racism but rather that something is holding black people back when compared with white people with similar education, etc.

Offline hvaces42

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Re: Interesting Articles...
« Reply #6232 on: February 09, 2017, 02:44:18 PM »
So people who are willing to pay more can be squeezed for more money.
How is that even legal? Where is the Federal Trade Commission? I know its time honored tradition etc. People in different markets get different prices too. MSRP is never a starting point. Invoice is. And even Invoice is a scam number.
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Offline ExGingi

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Re: Interesting Articles...
« Reply #6233 on: February 09, 2017, 03:34:24 PM »
How is that even legal? Where is the Federal Trade Commission? I know its time honored tradition etc. People in different markets get different prices too. MSRP is never a starting point. Invoice is. And even Invoice is a scam number.
I guess that's why they have MSRP, to make it all legal. I doubt anyone pays above MSRP, it's just how much one was able to bargain down. The other point is being able to customize the order, and up-sell additional profit centers.

It's one big psychological game, and the successful salespeople are those who know the game well, and how to apply it (differently) towards different audiences. They make the buying an emotional decision, and then help justify that decision with logic where needed. And THAT is why there are differences between the various demographics.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline shmoe joe

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Offline JTZ

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Re: Interesting Articles...
« Reply #6235 on: February 09, 2017, 05:40:43 PM »
I guess that's why they have MSRP, to make it all legal. I doubt anyone pays above MSRP, it's just how much one was able to bargain down. The other point is being able to customize the order, and up-sell additional profit centers.
There were times the Corvette, Camaro and some foreign cars went for over MSRP.
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline grodnoking

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Re: Interesting Articles...
« Reply #6236 on: February 09, 2017, 06:05:07 PM »
How is that even legal? Where is the Federal Trade Commission? I know its time honored tradition etc. People in different markets get different prices too. MSRP is never a starting point. Invoice is. And even Invoice is a scam number.
Watch Adam ruins everything on dealerships. I've heard what he says before, and he explains it simply (yes, it is a scam)
I'm not who you think I am.

Offline good sam

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If you don't care why would you comment?
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Offline zh cohen

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Re: Interesting Articles...
« Reply #6238 on: February 09, 2017, 11:34:29 PM »
Watch Adam ruins everything on dealerships. I've heard what he says before, and he explains it simply (yes, it is a scam)

So the answer is because they can get away with it?

Offline grodnoking

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Re: Interesting Articles...
« Reply #6239 on: February 10, 2017, 12:14:32 AM »
So the answer is because they can get away with it?
They pay/paid the gov off to make up/ignore regulations to help them make more money.
I'm not who you think I am.