Posted on 08/21/2014 5:35:04 AM PDT by W.
Bill Clinton enjoys a Gurkha cigar, "the Rolls Royce of the cigar industry." "The cigars are close to $1,000 each," says the cigar boss.
(Excerpt) Read more at weeklystandard.com ...
Did these get the lewinsky treatment??
As a fan of premium cigars I can say this is total BS. Nobody smokes $1,000.00 cigars. You might pay a $1,000.00 for a whole box but not one.
Agreed...smoked a Bolivar Libertador last weekend with my bro...incredible and under $18 a piece!
“...theres nothing magical about high priced stuff.”
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I have seen that proven over and over in seventy years. One of my late friends used to like to say, “You know you don’t get what you don’t pay for.” This was his answer to anyone who asked why he paid the highest price possible for things. My answer was always as follows. I agree that you don’t USUALLY get more than you pay for, that is hard to do but it is VERY EASY to pay for more than you get. A lot of people every day are paying for far more than they are getting. What I consider most pathetic is those who will pay more for the same product under the same brand name just because it comes from an “upscale” store. Wouldn’t be caught dead in Wal-Mart but will pay two or three times the price for the same exact product in a different store. Then there are those who don’t realize that the same exact product from the same factory may be sold under a half dozen different brand names at different price levels in different stores. John Deere compact tractors are far easier to sell than Yanmar even though the John Deere has an identity plate saying that it is a Yanmar product, Deere just orders it with their name and paint color on it from the Yanmar factory. I have had used car dealers tell me that they can sell a Chevrolet pickup in a heartbeat but a GMC is harder to sell, in fact they are of course the same truck, the GMC may be a little nicer in details than the Chevy but that is the way things go. I have heard long arguments between people about whether Johnson or Evinrude made the best outboard motor. They were, at that time, the same thing sold under two different names so that OMC (outboard marine corporation) could have two competing brands with two dealers in the same area with all the money flowing back to the same supplier. You could have bought parts for the Johnson at the Evinrude store and vice versa.
Many people need to understand that the question is NOT whether you get more than you pay for, the real question is whether you are paying for a lot more than you are getting.
I have ordered repair parts for equipment repairs for $235. including shipping, online when the same parts bought locally would have cost me literally closer to $2350. No, the quality of what is available locally was NOT higher, it MAY be actually lower quality, the difference is in the markup and in the “sliding scale”. For those who have never run a business many products are offered at a sliding scale dealer discount so that those who purchase in quantity and often the quantity needed is not that great, can actually resell the product and make money at a price well under what the small volume reseller PAYS for the product at wholesale. Some business owners will say that they sell at a lower price and “make it up on volume” or they would rather make less on each sale so they can sell more. What most are ACTUALLY doing is buying in large quantity so that they can sell at the lower price and still make as much or more margin than the competitor who sells at a higher price. Often the one selling at the lower price is making a HIGHER percentage profit because he buys the same product at a much lower wholesale cost.
Some people claim that demand and supply determine what the market will allow and costs have nothing to do with selling price. That is a rather naive view. Supply and demand only determine the HIGHEST possible selling price. The LOWEST possible selling price is determined by cost and some businesses know a lot more about holding down costs and can undersell the competition while actually making a higher profit than the competition at the same time. This of course applies to people who wish to stay in business, it is possible that some items may be selling BELOW cost but the business cannot do that every day on every item or it will most certainly go broke. Then there is the fallacy in the car business of selling “at invoice” or even “below invoice”. The new car business operates on such a complicated system of rebates and “holdbacks” that the actual cost to a dealer for a vehicle is often far below the “invoice” price. The invoice price is mainly something used to fool those who don’t know what is going on and to beat sales people out of commission money by only paying a minimum commission on vehicles sold at invoice. If they were really selling at cost they would be in the hole, why would they pay any commission to someone to sell it at that price?
Probably supplied to him by his Global Initiative. Claimed as a business expense. The Clintons have never paid for anything out of their own pockets.
Okay, how much do the girlfriends cost, then?
As I was saying, when Dubya did the icebucket challenge and challenged Bubba, give him credit for going right to the one living ex-president most in need of a cold shower.
But...but...I thought they were broke?
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