It's unwise to pay too much, but it's worse to pay too little. When you pay too much, you lose a little money — that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot — it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.
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Known as the Common Law of Business Balance, this quotation has been widely attributed to Ruskin but has never been sourced to any of his works.
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Shapiro, Fred R. (2006). The Yale Book of Quotations. New Haven: Yale University Press. p. 657.John Ruskin
What is unbelievable is that I am in a position where people reproach me for making a profit. The people who lose money – nobody says a word. Reproach the people who lose money. I do business by managing in a safe way in a healthy way and on top of that you reproach me for making money. It looks like we are in a business where the quality is to lose money.
Arsene Wenger
I bought a $7 pen because I always lose pens and I got sick of not caring.
Mitch Hedberg
Have you ever tasted stale popcorn? The only thing worse is stale vision. If a ministry loses the vision, it's only a matter of time before they lose what made them special in the first place. Without vision, the people will quickly lose it.
Craig Groeschel
If you love the good thing vitally, enough to give up for it all that one must give up, then you must hate the cheap thing just as hard. I tell you, there is such a thing as creative hate! A contempt that drives you through fire, makes you risk everything and lose everything, makes you a long sight better than you ever knew you could be.
Willa Cather
"It's like a supply and demand thing. It's like 'Well, this is what they want me to do, this is what they want to hear. So I'll do more of this, cuz this is great... and they love me.' Suddenly people start giving you money as well. So then you've got money and you get used to this lifestyle. And you don't wanna take any risks cuz they've got you by the balls, and you've got all these little things that you've bought, or you're attached to. And you start spending all this money... And that's how they get ya!" - source
Thom Yorke
Ruskin, John
Russ, Joanna
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