rocketsonly
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- Apr 7, 2004
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Hello all. I don't know about you all, but I find reading quotes very entertaining. Does anyone have any favorite quotes? I've got to say mine is the one in my signature:
"You have undertaken to cheat me. I won't sue you, for the law is too slow. I'll ruin you."
-Cornelius Vanderbuilt
Now the story behind it. Cornelius was into the shipping business and owned his own shipping company. One day while he was on a rather long vacation, a few of his competitors decided to take a couple of his shipping routes. When Cornelius found out, he sent a letter to his competitors saying, "You have undertaken to cheat me. I won't sue you, for the law is too slow. I'll ruin you." So he decided to price all of his shipping rates below those of his competitors, and it got to a point where both companies were offering free services. But being the genius he was, he knew his competitors were loosing more money than he was, and he therefore continued to offer the free service. His plan worked, and most, if not all, of his competitors had to drop out!
Cool story eh? The History Channel was talking about him a few days ago.
"You have undertaken to cheat me. I won't sue you, for the law is too slow. I'll ruin you."
-Cornelius Vanderbuilt
Now the story behind it. Cornelius was into the shipping business and owned his own shipping company. One day while he was on a rather long vacation, a few of his competitors decided to take a couple of his shipping routes. When Cornelius found out, he sent a letter to his competitors saying, "You have undertaken to cheat me. I won't sue you, for the law is too slow. I'll ruin you." So he decided to price all of his shipping rates below those of his competitors, and it got to a point where both companies were offering free services. But being the genius he was, he knew his competitors were loosing more money than he was, and he therefore continued to offer the free service. His plan worked, and most, if not all, of his competitors had to drop out!
Cool story eh? The History Channel was talking about him a few days ago.