Tuesday, March 20, 2007

AAAAAAAAAAAAAAAAAAAAAAAARGH!

AAAAAAAAAAAAAAAAAAAAAAAARGH!

That feels much better.

After an uplifting start to the week on Monday we are plunged by the roller coaster on which we unexpectedly find ourselves to a new low and, now that I think about it for a moment, one of the carriage wheels appears to be loose and a 6G bend approaches.

For those of you wondering what the difference is between ‘normal’ force and G-force, Wikipedia provides for the following: Unlike simple acceleration, 'g-force’ is a measure of the magnitude of the acceleration relative to the local
gravitational acceleration vector, rather than being compared to an inertial reference frame.

A while back we stepped into a big project as a minority investor. The owner of the project is a complex man who habitually pretends to be a simple man in order to thwart any attempts at debate whenever a discussion point comes to the fore. Instead of ‘talking stuff over’ he feigns lack of comprehension and, later and only following serious study, communicates with us via his ‘messenger’ – a sixty-five year old grump with whom empathy is difficult. The arrangement – as least from our perspective – is that he would build the thing and we’d exploit the thing (‘exploit’ in our world means ‘rent the sucker’).

An incongruence of perspective doesn’t quite do justice to the contrasting positions that have materialised following the investor’s letter (via the grump). On the one hand, the investor feels strongly that he has bought, renovated, and furnished the property and we should exploit the apartments and be happy with remuneration in the share-holding alone. On the other hand, running the exploitation is costly and, not having even close the same financial resources as the investor, we feel that asking us absorb all operational costs is not only unrealistic but, plainly said, would cause bankruptcy.

We ponder a response.

No comments: