On Aug 31, 2:24 pm, "Bob Myers" wrote:
> wrote in message
>
> news:1188548664.617220.11750@x40g2000prg.googlegroups.com...
>
> > I've proposed a project that allows someone to earn 12% return on
> > investment on $18 billion over a 4 year period by building a fleet of
> > a dozen Mach 3 transports.
>
> Yes, you have. And put that way, it sure as hell looks
> really attractive. Now the question you have to ask yourself
> is why someone isn't doing it already.
The answer to that one is obvious.
> If it's simply because you're the first one to think of it, you
> just did a REALLY stupid thing by plastering it all over
> the net.
Yeah, that's real smart. The best way to execute on an idea involving
thousands if not tens of thousands of people buying and selling of
publicly traded assets is to keep it under your hat! lol.
Jesus, Bob, look up a description of Project Financing - its not a
goddamned state secret! lol.
http://en.wikipedia.org/wiki/Project_finance
These sorts of financings have been used in developing energy
resources, and even in building things like highways and bridges that
collect tolls.
Its not a great leap of imagination to think of a fleet of a dozen
Mach 3 aircraft as a sort of bridge for which there is a proven
traffic volume and price. The experience of the XB70 and the Concorde
even give us some appreciation of the cost structures.
.
> If there's any other reason as to why this isn't being done -
> well, in that case, you may be in for a rude awakening.
You obviously have a great faith in the efficiency of the marketplace,
and a great lack of practical experience in such matters.
> I know which way I'm going to be betting between these
> two options, by the way.
And that means what exactly?
> Bob M.
When has putting out a couple of numbers caused major problems for
anyone?
Look its one thing to say if I buy a 1/10th pound of hamburger for
eight cents and a sesame seed bun for a nickel and a bit of mayonaise
and cheese for three cents - I could sell it for a dollar and make
money on each hamburger I sell.
And its easy to prove that given those numbers if I sold 1,000
hamburgers a day, I'd have a restaurant that might be worth $2,500,000
if I did that every day. Its also easy to show that if I had 20,000
restaruants I'd have a chain of restaurants worth $50 billion. .
Its another to execute on those numbers. To know how to make a tasty
burger at a decent price. To make and sell 1,000 per day year in year
out. To organize and run an operation so you aren't doing all the
work. To expand that in more than one location. To build up 20,000
locations so they all operate without interference..
Similarly, throwing out a few valid numbers using a project financing
approach for a super-concorde project doesn't tell all. There is a
lot to making this super-concorde work. Anyone with practical
experience in building a business understands that. Anyone with a
practical sense of what's needed can speak of what they can do as I
have here without any fear whatever. And building the planes
themselves is only a small part of task. To do other than talk freely
about an idea is actually counter-productive. Which given the
history of the aerospace bis, might be another part of an explanation
for why they've never adopted project financing approaches to new
vehicle development - beyond the obvious financialand economic issues
that must be addressed
.
.
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