Red container top

Email signup


Red container bottom

Blog


<< Back

The Common Law of Business Balance

Posted on Friday, September 17, 2010

We recently came across this great quote...

"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."

("The Common Law of Business Balance", widely attributed to John Ruskin 1819-1900).
 
Some lessons there to be applied to life as well as business!
Comments:

Gerrie, Monday, January 02, 2012 - 12:35

I see, I supospe that would have to be the case.
Reply:

Full Name:  
Email:
Comment:

Verify:
Enter the code shown above in the box below


<< Back

Privacy Policy | Sitemap | Terms & Conditions
Team Vacancies | Referral Scheme

 

Equilibrium Asset Management (A Limited Liability Partnership) is authorised and regulated by the Financial Services Authority. For more information, please go to www.fsa.gov.uk.