A Quote by John Stossel
What I've learned in 40 years of consumer reporting is that the market is imperfect, and some people get ripped off.
Related Quotes
What has changed in 40 years? It’s very simple: 40 years ago there was a market economy. Today there is a market society – today everything, including ethics, has a price.
It's not just a matter of poor willpower on the part of the consumer and a give-the-people-what-they-want attitude on the part of the food manufacturers. What I found, over four years of research and reporting, was a conscious effort... to get people hooked on foods that are convenient and inexpensive.
Caterham realises corporate America and the American consumer market... is the largest consumer market in the world and it is something that needs to be part of Formula One.
Xerox did OK in moving to digital in the commercial space. They didn't do well in the consumer market, but they're not a consumer brand. They don't even know how to spell consumer.
Public policy is a study in imperfection. It involves imperfect people, with imperfect information, facing deeply imperfect choices - so it's not surprising that they're getting imperfect results.
We don't go into a market without a chance of a 40 percent share and sustainable differentiation. We wouldn't get into wiring oil rigs if we didn't believe we could get 40 percent.
I think my life actually changed at 40. That's when you realize you can't ride the fence anymore. You either have to get on one side or the other. I think some of my best years were between 40 and 50: I got my priorities straight and life is good to me now. It's only other people who say, "God, she's 50 years old!" as if I'm over the hill. I feel like I just started.
One of the things that I noticed in my private law practice was the fact that so many people had gotten ripped off and would come into my office, whether it was a scam, whether it was predatory business taking advantage of them. So when I went to the General Assembly I started working on laws that helped to protect the consumer.
I'm 40 years old now and I have my friends from five years old up to 40, over 20 lifelong friends I have. And you can't keep that. You can't have that kind of friendship with people for 40 years from childhood friends if you're not an honorable person and if you're not a respectful person. And that's exactly what I am.
I'm an American. I'm for prosperity. I've discovered, from 40 years of reporting, that what creates prosperity is limited government.
And what we did with this new company in 1985 is we did start focusing on PCs instead of video game machines, because we learned the hard lesson about bringing a product to market in a consumer world where it's very expensive to build a brand and get distribution and so forth.
We're imperfect people trapped in an imperfect world until we get to that place beyond.
People that work at the White House, they stay forever and love the job. Someone asked me, "Was there really a butler that was there for 40 years?" I said, "No, they're all there for 40 years."
One thing I've learned over these last 30 or 40 years is that people make history. There's no fait accompli to any of this.
When you get into the entertainment business, you have to grow up a lot faster, because you're working nine and a half hours a day. I've learned time management at 14-years-old, and I've learned how to do all these different things that some people don't learn until they're in their 20s and 30s.
Yippee! I can't believe I made it. It feels like a long haul to get here. I'm so fine with it. People want you to have some sort of breakdown, but I'm relieved to be 40 years old, and I've lived a life.
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