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Cake day: June 12th, 2023

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  • die444die@lemmy.worldto196@lemmy.blahaj.zonesquander rule
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    6 days ago

    This is the actual list:

    Neglecting Personal Development

    According to Buffett, the best investment one can make is in oneself. Enhancing skills and education can boost earning potential significantly. Knowledge and abilities are assets that no one can take away from you.

    Relying On Credit Cards

    Credit cards can be convenient, but high interest rates can quickly overshadow any benefits if you don’t pay the full balance monthly. Buffett advises against needless spending that could lead to credit card debt.

    Frequenting Bars and Pubs

    Spending on social activities like drinking at bars can add up. Opting for more affordable social gatherings, like home get-togethers, can help save significantly.

    Chasing the Latest Technology

    New gadgets may be tempting, but often, last year’s model serves just as well. Buffett himself has a history of sticking to functional rather than flashy tech. It’s important to assess if the latest upgrades genuinely provide added value for the price.

    Overspending on Clothes

    Buffett, along with other billionaires, leans towards simplicity in his wardrobe. Choosing classic, durable clothes over flashy, expensive brands can result in significant savings.

    Buying New Cars

    Cars are notorious for their rapid depreciation. Buffett recommends buying pre-owned cars and holding onto them for as long as they’re reliable, instead of falling for the allure of the new models.

    Unused Gym Memberships

    Buffett promotes an active lifestyle but cautions against unused gym memberships. Free or low-cost fitness routines can be just as effective if regularly practiced.

    Unnecessary Subscription Services

    Subscription services, if not carefully monitored, can become a financial drain. Review these regularly and cancel those that don’t provide value.

    Over-Reliance on Skincare Products

    Buffett advises against overusing or needlessly combining skincare products. Finding a simple and effective routine can save both money and your skin.

    Regular Nights Out

    While socializing is essential, frequent nights out can be a significant expense. Opting for budget-friendly alternatives like home-cooked meals and movie nights can cut costs considerably.

    Gambling

    While gambling might seem like a shortcut to wealth, Buffett emphasizes the importance of understanding the odds. He urges people to make financial decisions that favor their long-term wealth accumulation, not momentary thrills.

    Smoking

    Smoking, beyond its health implications, is a costly habit. Quitting can lead to a significant boost in your personal budget.








  • Even if he does spend 2 weeks with them, he frequently talks about stuff he is out of his depth on.

    Just because he had access to interesting cars doesn’t make him a good car reviewer. If I want to see what the inside of a Lamborghini Miura looks like, sure he’s probably got a video of it.

    If I want to know anything about a modern car that I may purchase though, he’s one of the last people I’d look to.


  • I’ve owned several VW’s including diesels and yes, currently an id.4. I am a fan of VW cars, but I don’t really care about the perception of the company - I like the cars but it’s really more that I like my local dealership and find their cars superior to others at the same price point.

    The reason I brought this specific incident up was because it’s easier to remember, but I find Doug fairly frequently was misinformed about things. It was fine when he was just showing off stuff he thought was interesting, but once he started reviewing cars currently for sale, it really jumped out to me that he’d just be ranting about stuff he just didn’t understand and was not a reliable reviewer. The only reason I kept tolerating him for a while was that he has access to interesting old cars I wouldn’t be able to see otherwise, but as far as the new stuff, he was unqualified imo.

    I do agree with your point that most people would do test drives, etc, but this came at a time when these cars were not available on lots and many people began canceling their orders based on the perception of the car which seemed to be widely based on Doug’s review. I just happened to luck into one being at my dealer, and was able to test drive it, but at the time they were very hard to find and most peoples orders had not yet been delivered. It definitely hindered sales and was totally blown out of proportion.

    That said, VW should have handled the response to it better - they basically just ignored it, and that’s on them.

    I also remember the diesel scandal quite well because I was just about to sell my diesel beetle when the story broke and the price plummeted.

    Thankfully between my dealer and VWoA they made it right, so it didn’t turn me off from them completely. What became known the following year was that it was not just VW, but almost the entire automotive industry engaging in similar tactics, but that was not nearly as widely reported.

    As far as MKBHD, that makes sense, and it could be just an outdated opinion I have of them based on much older reviews.


  • FYI, Id.4 gets much closer to 300 miles of range. VW has always underestimated their efficiency, even on gas/diesel cars imo.

    The reason I don’t think I’m overestimating Doug’s reach is that I was constantly seeing people parroting and citing his review after it came out. All anyone seemed to talk about was how bad the infotainment system was. While the infotainment system was kinda a dog until you make some settings changes, it was in no sense bad enough to warrant the kind of hysterics that people were having over it. I’ve definitely seen worse systems in other cars I’ve driven - especially considering CarPlay and android auto function perfectly fine and speedy. The car is not above criticism, but it seemed a lot of people were taking his word as gospel and/or becoming obsessed with a fairly minor detail.

    I’ve never heard of humane before this and I wasn’t talking about that review specifically, but I’ve seen reviews before (I believe they were phone reviews, but it’s been a while) from MKBHD where I felt some minor thing was being blown out of proportion or where he didn’t seem to understand that some people may appreciate something being done a different way than he expected and therefore I quit watching his videos because they didn’t appeal to me.

    In my opinion, both reviewers I’ve mentioned here tend to have some hot takes that garner way too much traction, and I can understand that frustration if you’ve created a product that they then trash. I’m not saying that it’s their intention to do so, but I do think it can be irresponsible to present things the way they do - especially since these reviews remain live much longer than a software cycle might.


  • Yes I tend to like this but I wasn’t able to put it into words as well as you weee - someone who doesn’t just spout off their experience as if it’s the only one, but takes the time to understand if this is something that is only affecting them or if it’s the specific unit they have, etc.

    Techmoan is the same way when he reviews a product and I’ve always respected his reviews a lot more because of it.


  • Doug Demuro has some different style of videos. He has his old school vids where he shows off interesting aspects of mostly older videos and now he’s also doing reviews of new cars. The second type is the one I’m referring to.

    Doug did a review of a VW ID.4 in which he complained about how the infotainment system is “slow” and that got blown so out of proportion I do believe that it affected their sales significantly.

    With MKBHD I agree with what you’re saying, and low quality was the wrong way to describe them. It’s more that they are noticing little things that the general population would mostly not notice or care about but then that becomes the whole story of the device.

    It’s not that I think it doesn’t have a place, it’s just that these enthusiasts opinions get blasted wide and far by other media and it’s frequently not taken in the context in which the video is created. They (other media) will latch onto a nitpick and proclaim the product to be doomed.

    It’s one thing to go looking for an enthusiast deep dive, and it’s another to amplify these complaints to the level that is done currently.

    My point is basically that I think there is some validity that enthusiast reviews are able to affect the market too much. Not that these people shouldn’t make their videos, just they should not be taken that seriously and amplified by other media.

    It’s not the content creators fault, but I do think it affects sales more significantly than it should.


  • So I am not a fan of the reviewer pictured for the same reason I don’t like Doug Demuro’s car reviews.

    From what I see, they have very limited time with a product, and can tend to not understand it fully, and then add into their reviews tiny nitpicks that many people wouldn’t even notice on their own.

    It seems like they look for something to complain about and that then goes viral as if it’s a huge issue with the product.

    While I don’t think it necessarily “kills” a company or product, I think their reach is oversized for the low quality review they do.