Comments on: People like to earn miles on business trips and spend them on vacation https://www.isegoria.net/2020/10/people-like-to-earn-miles-on-business-trips-and-spend-them-on-vacation/ From the ancient Greek for equality in freedom of speech; an eclectic mix of thoughts, large and small Wed, 29 Apr 2026 19:03:23 +0000 hourly 1 http://wordpress.org/?v=3.6.1 By: Bob Sykes https://www.isegoria.net/2020/10/people-like-to-earn-miles-on-business-trips-and-spend-them-on-vacation/comment-page-1/#comment-3274216 Bob Sykes Fri, 09 Oct 2020 12:39:57 +0000 https://www.isegoria.net/?p=47151#comment-3274216 Some government agencies and private companies have tried to confiscate the frequent flyer miles awarded their employees.

I’m surprised the IRS doesn’t classify them as income.

]]> By: RLVC https://www.isegoria.net/2020/10/people-like-to-earn-miles-on-business-trips-and-spend-them-on-vacation/comment-page-1/#comment-3272542 RLVC Thu, 08 Oct 2020 17:30:45 +0000 https://www.isegoria.net/?p=47151#comment-3272542 When investors create tens of trillions of dollars, the money has to go somewhere. As all value is created in the act of investing, anywhere is better than nowhere.

Like Vail — Vail is love; Vail is life.

]]> By: Gavin Longmuir https://www.isegoria.net/2020/10/people-like-to-earn-miles-on-business-trips-and-spend-them-on-vacation/comment-page-1/#comment-3272500 Gavin Longmuir Thu, 08 Oct 2020 17:06:10 +0000 https://www.isegoria.net/?p=47151#comment-3272500 The other way of looking at this is that banks/investors have drastically over-paid for their contracts with airlines on issuing frequent flyer miles. Great for the airlines — bad for the investors (which may include some of our retirement funds).

But, but … finance executives are wise & incorruptible! They have to be, because markets are efficient. Just look at the market valuations of Zoom and Tesla if you doubt the smart decisions made by financial executives investing Other People’s Money.

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