Tuesday, September 3, 2013

Price Perspective

I expect we have all heard the old adage, "you get what you pay for." Typically that is true. Following is a quote from John Ruskin (google him), an architect/artist/craftsman of the 19th century, a very talented fellow. I had studied John Ruskin in Survey of Architectural History class at the University of Houston. Imagine my surprise when I found this quote on one of my late (engineer) husband's coffee mugs. He placed much emphasis on the "price perspective" quote. Smart man, my husband.

Price Perspective 

It's unwise to pay too much, but it's worse to pay too little. When you pay too much, you lose a little money.... that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do.
The common law of business balance prohibits paying a little and getting a lot.... it can't be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better. 
JOHN RUSKIN 1819-1900

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As a child, I was reprimanded for daydreaming. Today my daydreams morph into paintings.
V. Bridges Hoyt — painting the sauce of Texas™.