431–440 of 499 posts
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Destroying the brand then? That seems more accurate.
Sounds like a very strategic move. If he already owns two of the leading more expensive jewelry stores, why not destroy a cheaper brand?
I've always been amazed at how important it appears to be to lie about selling crap. I find that invariably, businesses who compete on price make it iff they say it's good stuff, even if everybody knows it isn't. Eg Holland has a number of cheap shoe chains. Schoenenreus and Scapino both breathe an air of cheapness, and one went bust and the other is struggling bad. Their direct competitor Van Haren sells exactly equ…
>ALDI, which competes on price and nothing else They offer lots of good quality things, so better to say they have the best price/quality ratio.
They sometimes also buy everything you have to get a cheaper price (a friend of mine has a rather large vegetable farm, and they offered to buy literally all the produce to get a lower price.. he doesn't have to deal with sales that year, and they get it cheaper).
I like aldi, and buy a bunch of stuff there (i'm not sponsored by them), but at the same time, you know what you're buying - need a drill? They sell a perfectly ok one for really cheap... for a casual user, who uses a drill once every few months.
What I don't like is some other stores selling the same items (just branded differently) for 2x the price. If you need a good drill for professional use, there are just a few companies that make them good - and you probably know them all. If you need something cheap, you'll get it cheaper at a store like aldi (or lidl, or similar) than at [hardware store] under their brand, or even some reputable brands.
Stupid example: https://www.productreview.com.au/listings/aldi-food-dehydrat... This was sold here for 30eur at aldi.
Gorenje is/was a reputable brand here, and they sell theirs for 50eur: https://www.mimovrste.com/susilniki-sadja/gorenje-susilnik-h...
Just look at the photos and compare.
I've always been amazed at how important it appears to be to lie about selling crap. I find that invariably, businesses who compete on price make it iff they say it's good stuff, even if everybody knows it isn't. Eg Holland has a number of cheap shoe chains. Schoenenreus and Scapino both breathe an air of cheapness, and one went bust and the other is struggling bad. Their direct competitor Van Haren sells exactly equ…
> Their bread goes stale faster Interestingly, I wonder why this would be a metric of lower quality bread rather than higher? I mean, the obvious way to make the bread last longer would be to pump it full of preservatives, and the white stuff you buy pre-sliced in packs lasts for ages though it is not really bread and the quality is obviously low (or is it? The slices are so smooth, the bubbles so even and the crust…
You can use sourdough, which is also "pumping it full of preservatives", just ones that are produced naturally right in the dough while it ferments. Sourdough bread takes more time, so it would make sense for it to be more expensive. So it makes sense for cheaper bread to go stale faster.
AFAIR if you go into a French bakery and order a "tradition" instead of a "baguette" you get a baguette made with sourdough.
So I've actually done a fair amount of research on this speech, and there a few skipped points most times people report on it. Firstly the audience loved the jokes, they laughed at them all. It wasn't like he delivered them to stunned faces and immediate shock. The only thing that brought him down was a newspaper reporter noted it down and newspapers pushed it as an artificial scandal. Everyone buying 5 pound earring…
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I’m not so certain about that actually, I’ve certainly seen people making $20k that had more free money and recreation time than some people making $100k. Especially as regards recreation time. To be fair, making $20k was almost always a choice in those cases.
Happiness has the absolute strongest correlation with a strong social life and not with wealth. That's why happiness is declining in the WEIRD countries (Western, educated, industrialized, rich and democratic).
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While he made a successful comeback (however far from his first success), saying he toiled in misery for years is a little bit exagerated. Indeed, he was still the owner of a house (and probably of other goods). And this house was big enough to have a value probably equal to a today million dollars. That's not what I call to be toiled in misery.
Misery, like happiness, is orthogonal to material possessions.
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I’m not so certain about that actually, I’ve certainly seen people making $20k that had more free money and recreation time than some people making $100k. Especially as regards recreation time. To be fair, making $20k was almost always a choice in those cases.
That’s not consistent with the empirical evidence in sociology research. Reported happiness does drastically change between $20k in the US and $80k specifically. And in fact it isn’t specifically a choice. Sure you can make choices that, over a long term, will boost your income but it’s rarely a choice.
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Lululemon has a weak presence in many parts of the EU and we still have people wear gym clothes in their normal lives...
People wearing gym clothes in their normal lives in Europe? Really not as much as in the US.
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Come to the US and ride a Greyhound then.
That's a bit presumptious, isn't it. Half my experience is on Greyhound, and a couple of years ago they started using a new bus fleet with more legroom, wifi, leather-ish seats, plugs at all seats.
So I've actually done a fair amount of research on this speech, and there a few skipped points most times people report on it. Firstly the audience loved the jokes, they laughed at them all. It wasn't like he delivered them to stunned faces and immediate shock. The only thing that brought him down was a newspaper reporter noted it down and newspapers pushed it as an artificial scandal. Everyone buying 5 pound earring…
> it wasn't even the first time he had publicly made these sorts of jokes, in fact it wasn't even the first time they had been published in the papers. > This was entirely a newspaper driven downfall That first point is good evidence that the jokes weren't very responsible for what happened. But it seems like it's just as good evidence that newspaper coverage also wasn't very responsible. Why attribute it to the news…
https://en.wikipedia.org/wiki/Early_1990s_recession#Civil_un...