When you're in a commodity business, the only way to thrive is to be a low-cost producer. And when you're selling money,… — Duff McDonald Copy Share Image
“The most valuable commodity in business today, if people would only recognize it, is enthusiasm” — Rona Jaffe Copy Share Image
It is much more convenient not to be a public company. As a private company you don't have to give information to… — Marc Rich Copy Share Image
“if you want to create and capture lasting value, don’t build an undifferentiated commodity business.” — Peter Thiel Copy Share Image
In a commodity business, it's very hard to be smarter than your dumbest competitor. — Warren Buffett Copy Share Image
“Capitalism is premised on the accumulation of capital, but under perfect competition all profits get competed away. The lesson for entrepreneurs is… — Blake Masters Copy Share Image