Walter Kiechel Quotes
The experience curve says that your costs should probably decline by 15% or 20% with every doubling in your experience making a product, approximately how many of them you turn out. It also says that if you have the biggest market share, meaning the most experience of anybody in your competitive set, you should have the lowest costs, and the resultant capability to underprice your competitors, maybe forever. The abiding lesson of the experience curve is that companies need to discipline themselves to keep reducing their costs, year in, year out, if they are to remain competitive.
Walter Kiechel
Quotes to Explore
The sea is fulfilled, and the Empire fell apart. Lord, Portugal must yet fulfill itself!
Fernando Pessoa
He is not only dull himself, but the cause of dullness in others.
Samuel Johnson
I like a book. I like to read for four hours at a stretch. I think very few are the young people who are even capable of reading for four hours at a stretch, because it's such a bizarre thing for them to do. I am mourning this.
Lee Smith
It's incredible to me that any two individual minds, trapped in their skulls and bodies and histories and unique experiences, are able to reach across the void between them and touch at all.
Ken Liu
You can delegate authority, but you cannot delegate responsibility.
Byron Dorgan
The roles of art, morality, religion, political faith, science itself are not to repair organic exhaustion nor to provide sound functioning of the organs. All this supraphysical life is built and expanded not because of the demands of the cosmic environment but because of the demands of the social environment.
Emile Durkheim
My biggest turn-on is a fine pair of athletic legs. A girl with a fine pair of athletic legs who is not afraid to show them off. Turn-offs? A girl who doesn't like country music is a huge turn-off, and girls who don't take care of themselves.
Frankie Ballard
People are stupid; given proper motivation, almost anyone will believe almost anything. BecauHse people are stupid, they will believe a lie because they want to believe it’s true, or because they are afraid it might be true.
Anton Zaslavski
The more I come to understand music, the more I feel like a numbskull because there is always more to learn.
Cliff Martinez
It would take six months to get to Mars if you go there slowly, with optimal energy cost. Then it would take eighteen months for the planets to realign. Then it would take six months to get back, though I can see getting the travel time down to three months pretty quickly if America has the will.
Elon Musk
We are like butterflies who flutter for a day and think it's forever.
Carl Sagan
The experience curve says that your costs should probably decline by 15% or 20% with every doubling in your experience making a product, approximately how many of them you turn out. It also says that if you have the biggest market share, meaning the most experience of anybody in your competitive set, you should have the lowest costs, and the resultant capability to underprice your competitors, maybe forever. The abiding lesson of the experience curve is that companies need to discipline themselves to keep reducing their costs, year in, year out, if they are to remain competitive.
Walter Kiechel
