Sol Price Quotes

Siento que estoy enamorada de ti, y debería ser primavera. Quiero que el sol caiga sobre mi cabeza como coros musicales. Imagino un sol como Beethoven, un viento como Debussy, y cantos de pájaros como Stravinski. Pero el ritmo es totalmente mío

For every transaction, there is someone willing to buy and someone willing to sell at an agreed price, both believing that it's good value and that the counterparty is a little crazy.

It is nine o'clock, and London has breakfasted. Some unconsidered tens of thousands have, it is true, already enjoyed with what appetite they might their pre-prandial meal; the upper fifty thousand, again, have not yet left their luxurious couches, and will not breakfast till ten, eleven o'clock, noon; nay, there shall be sundry listless, languid members of fast military clubs, dwellers among the tents of Jermyn Street, and the high-priced second floors of Little Ryder Street, St. James's, upon whom one, two, and three o'clock in the afternoon shall be but as dawn, and whose broiled bones and devilled kidneys shall scarcely be laid on the damask breakfast-cloth before Sol is red in the western horizon. I wish that, in this age so enamoured of statistical information, when we must needs know how many loads of manure go to every acre of turnip-field, and how many jail-birds are thrust into the black hole per mensem for fracturing their pannikins, or tearing their convict jackets, that some M'Culloch or Caird would tabulate for me the amount of provisions, solid and liquid, consumed at the breakfasts of London every morning. I want to know how many thousand eggs are daily chipped, how many of those embryo chickens are poached, and how many fried; how many tons of quartern loaves are cut up to make bread-and-butter, thick and thin; how many porkers have been sacrificed to provide the bacon rashers, fat and streaky ; what rivers have been drained, what fuel consumed, what mounds of salt employed, what volumes of smoke emitted, to catch and cure the finny haddocks and the Yarmouth bloaters, that grace our morning repast. Say, too, Crosse and Blackwell, what multitudinous demands are matutinally made on thee for pots of anchovy paste and preserved tongue, covered with that circular layer - abominable disc! - of oleaginous nastiness, apparently composed of rancid pomatum, but technically known as clarified butter, and yet not so nasty as that adipose horror that surrounds the truffle bedecked pate  de  foie gras. Say, Elizabeth Lazenby, how many hundred bottles of thy sauce (none of which are genuine unless signed by thee) are in request to give a relish to cold meat, game, and fish. Mysteries upon mysteries are there connected with nine o'clock breakfasts.

Then the day came when I knew all was lost. Sol’s Discount Satire opened up right across the street. He wrote in bulk; I couldn’t meet his prices.

It is a common error to assume that the stock market price is always the proxy for the value of a company's shares.

Share prices react so quickly to news that you cannot sell them before the price changes because no keen investor would buy them at the price you want to sell them—they’ve also heard the news.

Costco cofounder and CEO James Sinegal recalls—and lives by—Sol Price’s principles. “Many retailers look at an item and say, ‘I’m selling this for ten bucks. How can I sell it for eleven?’ We look at it and say, ‘How can we get it to nine bucks?’ And then, ‘How can we get it to eight?’ It’s contrary to the thinking of a retailer, which is to see how much more profit you can get out of it. But once you start doing that, it’s like heroin.” There was another element, too. “You had to be a member of the club. People paid us to shop there.

That is a fine piece — very rare, very valuable! I make you a good price, because I like you!” “How can it be rare?” demanded Dame Hester. “I took it from this tray where there are thirty more just like it!” “You do not see with the eyes of a connoisseur! That is an image of the Garre Mountain effrit, who casts thunder stones. This piece is especially lucky and will win your gambles at the dogfights! Since I am poor and ignorant, I will let you have it for the laughable price of twenty sols!” Dame Hester stared at her in angry amazement. “It is true that I am laughing! Clearly you lack all decency to ask any price whatever for this repulsive little gewgaw! Do you take me for a fool? I am seriously insulted.” “No matter. I insult better folk than you several times a day. It is no novelty; in fact, it is a pleasure.” Dame Hester brought out a coin. “This is the value I place upon that horrid little item, and only for the pleasure it will give me when I describe your miserable shop to my friends.” “Bah,” said the woman. “Take it at no charge. You shall never gloat that you outdid me in noblesse oblige. Take it and be gone!” “Why not? I shall do so. Please wrap it for me tastefully.” “I am too busy.” Dame Hester dropped the effigy into her handbag and marched from the shop. Myron paused long enough to place a sol into the tray. The proprietress, once more perched on her high stool, watched impassively, making no comment.

But in those early days—before, and just after, we opened the first Wal-Mart—I got to know a lot of those promoters. As I told you, I ran the country studying the discounting concept, visiting every store and company headquarters I could find. The first ones I saw were the mill stores in the East, where the whole thing started. Ann & Hope was in Providence, Rhode Island, and there were others in Massachusetts and across New England. I went all over up there looking at Giant stores and Mammoth Mart and Arlan’s. Another one I learned a lot from was Sol Price, a great operator who had started Fed-Mart out in southern California in 1955. I

But in 1933 he was a towering figure who was supposed to have discovered something worth study and imitation by all world artificers everywhere. Such eminent persons as Dr. Nicholas Murray Butler6 and Mr. Sol Bloom,7 head of the Foreign Affairs Committee of the House, assured us he was a great man and had something we might well look into for imitation. What they liked particularly was his corporative system. He organized each trade or industrial group or professional group into a state-supervised trade association. He called it a corporative. These corporatives operated under state supervision and could plan production, quality, prices, distribution, labor standards, etc. The NRA provided that in America each industry should be organized into a federally supervised trade association. It was not called a corporative. It was called a Code Authority. But it was essentially the same thing. These code authorities could regulate production, quantities, qualities, prices, distribution methods, etc., under the supervision of the NRA. This was fascism. The anti-trust laws forbade such organizations. Roosevelt had denounced Hoover for not enforcing these laws sufficiently. Now he suspended them and compelled men to combine.