surprisingly engaging plot. not super well written, but it picks up a lot of momentum after the first quarter or so. stands out from the genre in thatsurprisingly engaging plot. not super well written, but it picks up a lot of momentum after the first quarter or so. stands out from the genre in that the most graphic sex scenes are flashbacks to trauma rather than protagonists having a good time....more
finally making some headway into understanding ledgers. p. 17 "by definition, a set of books is balanced when the sum of the total of all accounts equalfinally making some headway into understanding ledgers. p. 17 "by definition, a set of books is balanced when the sum of the total of all accounts equals zero. in order for this to be possible, some accounts will have a debit (positive) balance and others will have a credit (negative) balance. to make sense of the accounting equation when analyzing a ledger, you need to know which accounts normally have a debit balance and which accounts normally have a credit balance... net assets normally have a credit balance...revenues normally have a credit balance...expenses normally have a debit balance." not intuitive! why would assets and net assets have opposite signs!
p.26 fixed assets- "these assets are recorded at their acquisition costs, which include all skins spent: architect's fees, construction period interest, and title closing costs, among other expenditures." acquisition cost is equal to historical cost, but may be different from market value because of both market trends and the inclusion of transaction costs that can not be recaptured
accumulated depreciation is an asset? why? normally has a credit balance. other assets are normally debit. "the cost of a building is recorded as a fixed asset. Each period we record the depreciation expense (a debit) and the accumulated depreciation (a credit). at any point in time, we can compute the net book value of the building from these two accounts....more
liked it a lot. a character study with enough plot to keep moving. loved the pages where Hadley is reading the first draft of The Sun Also Rises. leavliked it a lot. a character study with enough plot to keep moving. loved the pages where Hadley is reading the first draft of The Sun Also Rises. leaves me both interested in reading more Hemingway, but also disgusted enough by his personal qualities to never pick one up again....more
themes of depression, substance abuse, maturity, compatibility, compromise and attraction.
Love this rant p 203 "You want the CEO of Chiclets to be a lethemes of depression, substance abuse, maturity, compatibility, compromise and attraction.
Love this rant p 203 "You want the CEO of Chiclets to be a leader in the fight against tooth decay? Use the same advertising methods to sell gum and tell the world gum is bad for you? I know I just made a crack about Bono, but he has more integrity than the rest of the music world combined. If you made a fortune selling Chiclets, you may as well go ahead and sell overpriced iPods, too, and get even richer, and then use your money and your status to get entree to the White House and try to do some actual hands-on good in Africa. Like: be a man, suck it up, admit that you like being part of the ruling class, and that you believe in the ruling class, and that you'll do whatever it takes to consolidate your position in it."
p 467 "He now had what he'd wanted, but it was making him somewhat lonely. After all his great longing, which was infinite in scope, he was in bed with a particular finite girl who was very pretty and brilliant and committed but also messy, disliked by Jessica, and no kind of cook."
p. 516 "Joyce had volunteered for the nightmare, of course. She'd been attracted, as a scholarship girl, by Ray's Waspiness and family wealth and social idealism. She'd had no idea what she was getting sucked into, the price she would end up paying, the decades of disgusting eccentricity and childish money games and August's imperious discourtesy. She, the poor Brooklyn Jewish girl, was soon traveling on the Emerson dime to Egypt and Tibet and Machu Picchu; she was having dinner with Dag Hammarskjöld and Adam Clayton Powell. Like so many people who become politicians, Joyce was not a whole person; she was even less whole than Patty. She needed to feel extraordinary, and becoming an Emerson reinforced her feeling that she was, and when she started having children she needed to feel that they, too, were extraordinary, so as to make up for what was making at her center. Thus the refrain of Patty's childhood: we're not like other families. Other families have insurance, but Daddy doesn't believe in insurance. Other families' kids work afterschool jobs, but we'd rather have you explore your extraordinary talents and pursue your dreams."...more