Popular quotes about Costs! Wisdom and inspiration are here! | page 29
The experience curve says that your costs should probably decline by 15% or 20% with every doubling in your experience making a product, approximately how many of them you turn out. It also says that if you have the biggest market share, meaning the most experience of anybody in your competitive set, you should have the lowest costs, and the resultant capability to underprice your competitors, maybe forever. The abiding lesson of the experience curve is that companies need to discipline themselves to keep reducing their costs, year in, year out, if they are to remain competitive.
Walter KiechelObviously, consideration of costs is key, including opportunity costs. Of course capital isn't free. It's easy to figure out your cost of borrowing, but theorists went bonkers on the cost of equity capital. They say that if you're generating a 100% return on capital, then you shouldn't invest in something that generates an 80% return on capital. It's crazy.
Charlie MungerI believe I have demonstrated that the voters are characteristically ill-informed when voting on reducing social costs. Furthermore, their primary concern is with wealth transferred to themselves, rather than with social cost efficiency. Logically, this would mean that democratic government would be inefficient in reducing social costs.
Gordon TullockRemember the economy of the Kingdom is simple. Every time we come to cross a new threshold, it costs us everything we now have. Every new step may cost us all the reputation & security we've accumulated up to that point. It costs us our life.
John WimberStudent loans have been helpful to many. But they offer neither incentive nor assistance to those students who, by reason of family or other obligations, are unable or unwilling to go deeper into debt. ... It is, moreover, only prudent economic and social policy for the public to share part of the costs of the long period of higher education for those whose development is essential to our national economic and social well-being. All of us share in the benefits - all should share in the costs.
John F. KennedyFirst, climate change is the greatest long-term threat faced by humanity. It could cause more human and financial suffering than the two world wars and the great depression put together. All countries will be affected, but the poorest countries will be hit hardest. Secondly, the costs of inaction far outweigh the costs of action.
David MilibandFor every dollar of revenue generated by gambling, taxpayers must pay at least $3 in increased criminal justice costs, social welfare expenses, high regulatory costs, and increased infrastructure expenditures
John Warren KindtI think everyone's going to really try to keep costs down. The more you keep costs down, the more freedom you have creatively. I can protect my filmmakers from any form of creative interference, be it from anywhere, if we're all acting in a responsible way and making the pain of a failure be as little as possible.
Eric FellnerA smile costs nothing in money, time, or effort but it is literally true that it can be of supreme importance in ones life.
Emmet FoxAsset management CEOs globally are looking at their business models. They're looking at costs, they're looking at making their businesses more efficient, because they're seeing revenues under pressure all over the world.
Martin Gilbert[Illegal immigration] costs the taxpayers of the United States a lot of money. And it's unfair to Americans who are working every day to pay their own bills. It's also unfair to a lot of people who have waited in line for years and years in other countries to be legal immigrants.
William J. ClintonOf course, a lot of businesses want to reach students, so I funded the magazine by selling advertising. I sold something like $8,000 worth of advertising for the first edition, and that was in 1966. I printed up 50,000 copies, and I didn't even have to charge for them on the newsstand because my costs were already covered.
Richard BransonSuppose you read about a pill that you could take once a day to reduce anxiety and increase your contentment. Would you take it? Suppose further that the pill has a great variety of side effects, all of them good: increased self-esteem, empathy, and trust; it even improves memory. Suppose, finally, that the pill is all natural and costs nothing. Now would you take it? The pill exists. It is meditation.
Jonathan HaidtHer mom and dad are both doctors and want her to follow her dream, not turn out the way they have, no matter how much it costs them.
Chuck PalahniukI know a lot of people in Washington would say, well, you know, indigent people can't manage their health savings account. They're too stupid. But they're not too stupid. Somebody has a diabetic foot ulcer, they learn very quickly not to go the emergency room where it costs five times more to take care of it. They go to the clinic.
Benjamin CarsonVery few people would choose to have even the most fabled assortment of goods if it meant getting cancer within the year. But the choice involves not the certainty of cancer very soon but an increased probability of cancer at some time in the future. The cancers are no less real; millions will die painfully and prematurely because of what we do to our environment. But the choice is not an easily visualizable one, and our capacity of denial comes strongly into play - as it tends to whenever we must weigh future costs against immediate benefits.
Paul L WachtelVanity costs money, labor, horses, men, women, health and peace, and is still nothing at last,--a long way leading nowhere.
Ralph Waldo EmersonI also rise today in strong support of forward movement on the implementation of health information technology, which has the potential to save the United States billions of dollars in health care costs each year.
Russ CarnahanIsn't it ironic that pay, perks, and benefits all cost your company at the bottom line, but authentic recognition, especially when it's most unexpected, costs very little and gives the most impressive return on investment.
Chip ConleyOn my view there is no net benefit to coming into existence and thus coming into existence is never worth its costs.
David BenatarThere's real economic costs to climate change - So, Superstorm Sandy led to billions of dollars in damages. The fires out in the west, 70 million dollars a day are being spent in fighting fires that have clearly been exacerbated by drought and climate change. So, people have pointed out the true dollars and cents cost of inaction on climate change.
Naomi OreskesToday, all patients accepted for treatment at St. Jude's are treated without regard for the family's ability to pay. Everything beyond what is covered by insurance is taken care of, and for those without insurance, all of the medical costs are absorbed by the hospital.
Marlo ThomasOn top of that, illegal immigration costs our country more than $113 billion a year. And this is what we get. For the money we are going to spend on illegal immigration over the next 10 years, we could provide 1 million at-risk students with a school voucher, which so many people are wanting.
Donald TrumpCosts are incurred whenever any group is treated as lesser or the other, whether they are women, racial, or religious minorities, or the LGBT.
Hillary ClintonThe free market is 'socialism' for the rich: the public pays the costs and the rich get the benefit - markets for the poor and plenty of state protection for the rich.
Noam ChomskyCharacter is doing the right thing even when it costs more than you want to pay. When it comes to character, you dont have to be sick to get better. Its easier for a good person to get better than for a bad person to get good.
Michael JosephsonI'm aware of Yusef Lateef and Sun Ra and John Coltrane. My music cup runneth over. I try to encourage people: don't cut anything off, don't limit yourself. Give it a good listen: you might find something in that goofy Sun Ra noise, that dissonance. Before I learned 'official musicality' - which you should avoid at all costs - I listened to some Sun Ra and Yusef Lateef and John Coltrane and that's where 'Journey to the Center of the Mind' came from. When you intentionally and aggressively pursue musical communication with those powerfully impactful musical geniuses, you will pick up something.
Ted NugentWhile privacy strengthens all our bonds, secrecy weakens and damages connection. Lerner points out that we do not usually "know the emotional costs of keeping a secret" until the truth is disclosed. Usually, secrecy involves lying. And lying is always the setting for potential betrayal and violation of trust.
Bell HooksIn the Marquette Lecture volume, I focus on the question in the title. I emphasize the social and political costs of being a Christian in the earliest centuries, and contend that many attempts to answer the question are banal. I don't attempt a full answer myself, but urge that scholars should take the question more seriously.
Larry HurtadoBoys are like purses. You're always gonna have that one boy that you're always comfortable with and you know you'll always kind of like. That's your purse that you wear everywhere. Then you have that gorgeous bag that you want everyone to see you with but the gorgeous bag is usually an asshole or costs a lot of money. Then you have those other purses that you really like but you really don't want to be seen with
Lauren ConradYou know that a majority of the medical costs that are bankrupting families, companies, and nations could be eliminated with better nutrition.
John RobbinsWe also need the provisions in the tax bill that will permit working mothers to increase the deduction from income tax liability for costs incurred in providing care for their children while the mothers are working. In October the Commission on the Status of Women will report to me. This problem should have a high priority, and I think that whatever we leave undone this year we must move on this in January.
John F. KennedyThe U.S. has the most dysfunctional healthcare system in the industrial world, has about twice the per capita costs, and some of the worst outcomes. It's also the only privatized system.
Noam ChomskyWhen you start cutting government expenditure, at some point you are cutting essential services rather than excessive services. So you have to take into account the social costs involved in cutting government spending.
Raghuram RajanTo be out of harmony with one's surroundings is of course a misfortune, but it is not always a misfortune to be avoided at all costs. Where the environment is stupid or prejudiced or cruel, it is a sign of merit to be out of harmony with it.
Bertrand RussellIn reality, we've had more spending, more bureaucracy, more waste and higher costs but without necessary reform nor rising productivity.
Andrew LansleyAdaptation is the only means to reduce the now-unavoidable costs of climate change over the next few decades
Nicholas SternCutting prices or putting things on sale is not sustainable business strategy. The other side of it is that you can't cut enough costs to save your way to prosperity.
Howard SchultzEvery new computer program is basically doing some task that a person used to do. But the computer usually does it faster, more accurately, for less money, and without any health insurance costs.
Douglas RushkoffI did in fact take a couple of classes at my local college here in NYC. But I did it unwillingly and without enthusiasm. That is until a protest broke out in the streets around campus against rising tuition costs.
Lewis SchiffIt takes four months to ship food aid and 40 percent of the cost is in the shipping. People cannot eat shipping costs. We have had people die when there are surpluses in the markets.
Andrew NatsiosAmericans spend about 6 billion hours a year collecting the data and filling out the forms. We spend $10 billion to H&R Block and other preparers. And on top of that, $2 billion in tax preparation software, which still takes hours of work. It's outrageous the burden we put on people, and guess what, you go to Europe, you go to Japan, it's 15 minutes and costs nothing.
T.R. Reid