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Cost Quotes

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Cost Quotes

“On the Internet, there are an unlimited number of competitors. Anybody with a Flip camera is your competition. What makes it even worse is that YouTube is willing to subsidize the cost of your bandwidth. So anybody can create and distribute for free basically, but the real cost is marketing. And that's always the big cost - how do you stand out and what's the cost of standing out? And there's no limit to that cost.”

“If we have the right preventive and primary care, if we start charging for comprehensive care in the chronic cases, 10 percent of the cases take up two-thirds of the medical expenses, and if we do more on problems like childhood obesity, that we can, to use the parlance that's popular in Washington, bend the cost curve and eventually reconcile this so our costs will be closer to our competitors and so we can cover everybody.”

“I often get the question from people, "well how can you sell luxury at that price?" What I'm explaining to everyone is I'm still paying the same factory cost as I paid when they were $800. I pay the same as my competitors who are in the luxury space pay, I just don't mark them up as much because I haven't put them in a wholesale channel. I don't have to put that extra margin on them.”