If you’ve got the power to raise prices without losing business to a competitor, you’ve got a very good business. And if you have to have a prayer session before raising the price by 10 percent, then you’ve got a terrible business.— , http://www.bloomberg.com/news/2011-02-18/buffett-says-pricing-power-more-important-than-good-management.html
Posted on 01 September 2008 by Erwin
The global economy is likely to continue going south for another year, and once it bottoms out, the rebound will be slow in coming.
English: http://english.caijing.com.cn/20080821/77400.shtml
Chinese: http://magazine.caijing.com.cn/20080817/77330.shtml
