Jim Hill is accurate when he quotes historical information. He's less reliable when he prognosticates about projections.
How much they spent actually no longer matters. (I did my masters thesis on Sunk Cost Analysis.) What matters is whether they can capitalize on the asset today in a constructive manner.
How much they spent actually no longer matters. (I did my masters thesis on Sunk Cost Analysis.) What matters is whether they can capitalize on the asset today in a constructive manner.

that sometimes rains down on some guests.
That's great news! Thanks for sharing. Good to hear the CM are cracking down on this "unwritten rule".