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Cost Quotes

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Cost Quotes

“The Internet will not become a money machine until the banking industry figures out how to transfer money for free so you can charge USD 0.005 (half a cent) for some simple service like, say, reading a newspaper article you have searched for. With today's payment system, the cost of the transfer of the funds completely dwarf the cost of the service paid for. ... This situation, however, is what acutely prevents the Internet from taking off as a network for paid services.”

“Investors frequently benefit from making decisions with less than perfect knowledge and are well rewarded for bearing the risk of uncertainty. The time other investors spend delving into the last unanswered detail may cost them the chance to buy into situations at prices so low they offer a margin of safety despite the incomplete information”

“I would like especially to mention you, the women, wives and mothers of Paraguay, who at great cost and sacrifice were able to lift up a country defeated, devastated and laid low by an abominable war. God bless your perseverance, God bless and encourage your faith, God bless the women of Paraguay, the most glorious women of America.”