It basically means "hold cash", so visa, stripe, insurance companies etc. all get cash from customers, hold it for a period of time, and distribute it to customers.
Holding it for a period of time is "generating float." For many of these companies the float is a large multiple of the profit.
Wait hear me out. I haven't tried jackets or outwear they sell, but they always stock up of decent quality underwear, t-shirts and jeans. Their Levi's last me about 4 years.
You have to be careful with Costco,and a lot of stuff that they carry regularly drops in quality after becoming successful there, but you can find really good stuff there.
I remember working for a company about a decade ago where we spent so much time engineering duplicate everything hardware or hot spares everywhere.
Guess what, when switch failed it didn't properly failed over. When router it started sending spurious packets everywhere and had to be taken down manually.
All the effort that went into duplicating hardware and making hot spares could have been save by just... having cold spares, and in the end the amount of downtime would have been the same, or less -- because when one thing fails it's really easy obvious where things stopped working.
The big advancement for micro 4/3 in the last two years has been image stabilization using lens and sensor working in tandem.
A more recent sensor advancement is dual native ISO in GH5s, which make the system's long downside -- low light performance, a much better proposition. I'm hoping this technology will find its way to cheaper offerings.
There are a few fast new lenses that have come out. I particularly like 25mm f/1.7 that's under $200, there are also a few ones on the higher end.
Another selling point for micro 4/3 that they can use virtually any vintage lens with a simple adapter.
Panasonic has really good image stabilization for MFT systems where lens stabilization and sensor stabilization system work in tandem allowing to take shots with up to 1 second exposure handheld.
Basically it's like having gimble inside the camera.
Panasonic 25mm f/1.7 (50mm f/3.5 equivalent full frame) is under $200 and is an excellent portrait lens.
With initial release of GH5 autofocus was pretty bad, but with the last firmware upgrade apparently it's quite good now.
I however cant yet justify upgrade from GH4, which doesn't have sensor stabilization.
I think this argument is more true for personal vehicles that sit idle for 99% of the time -- they don't consume gas when they don't move.
For commercial vehicle that spend most of their life on the road, energy savings from running a more efficient vehicle recoup the energy used in making that vehicle pretty quickly.
I think the name 'Race Conscious' is not a great description where it actually means race and oppression.