A Quote by Dan Ariely
The companies that provide debt, what do you think their goal is? Is their goal for you to fully understand the cost of your debt? No. So they're basically creating these approaches to make you feel like it is incredibly cheap or just to think about the cost per day rather the cost per year or cost for a lifetime. So debt is very simple mistake.
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Quality napkins are made in villages at a cost of just Rs 2 per piece with my simple and cost-effective machines.
Features have a specification cost, a design cost, and a development cost. There is a testing cost and a reliability cost. ... Features have a documentation cost. Every feature adds pages to the manual increasing training costs.
When you use the term 'cost per lead' you make marketing a cost center. Instead say 'investment per lead.'
On the Internet, there are an unlimited number of competitors. Anybody with a Flip camera is your competition. What makes it even worse is that YouTube is willing to subsidize the cost of your bandwidth. So anybody can create and distribute for free basically, but the real cost is marketing. And that's always the big cost - how do you stand out and what's the cost of standing out? And there's no limit to that cost.
The cost of taxpayer compliance with [the tax code] is over $80 billion per year, more than eight times the cost of the IRS budget
The transaction cost approach maintains that some projects are easy to finance by debt and ought to be financed by debt. These are projects for which physical-asset specificity is low to moderate.
... I don't think anybody should avoid mistakes. If it is within their nature to make certain mistakes, I think they should make them, make the mistakes and find out what the cost of the mistake is, rather than to constantly keep avoiding it, and never really knowing exactly what the experience of it is, what the cost of it is, you know, and all the other facets of the mistake. I don't think that mistakes are that bad. I think that they should try and not do destructive things, but I don't think that a mistake is that serious a thing that one should be told what to do to avoid it.
Our whole goal is to drive the cost of taking an Uber BELOW the cost of owning a car.
The problem is that people basically dangle debt in front of us. And the cost for the poor of course is much higher than for the wealthy.
It's not debt per say that overwhelms an individual corporation or country. Rather it is a continuous increase in debt in relation to income that causes trouble.
Civilization comes at a cost of manliness. It comes at a cost of wildness, of risk, of strife. It comes at a cost of strength, of courage, of mastery. It comes at a cost of honor. Increased civilization exacts a toll of virility, forcing manliness into further redoubts of vicariousness and abstraction.
There’s nothing bad about reincarnation per se, it’s basically a very good system, cost-effective and ecologically friendly.
No one knows the cost of a defective product - don't tell me you do. You know the cost of replacing it, but not the cost of a dissatisfied customer.
It cost about 75 cents to kill a man in Ceasar's time. The price rose to about $3,000 per man during the Napoleonic wars; to $5,000 in the American Civil War; and then to $21,000 per man in World War I. Estimates for the future wars indicate that it may cost the warring countries not less than $50,000 for each man killed.
When theres no other dude in the car, the cost of taking an Uber anywhere becomes cheaper than owning a vehicle. So the magic there is, you basically bring the cost below the cost of ownership for everybody, and then car ownership goes away.
I do not like debt and do not like to invest in companies that have too much debt, particularly long-term debt. With long-term debt, increases in interest rates can drastically affect company profits and make future cash flows less predictable.
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