That's
an example of price war in practise.
That's
an example of the price war in practise.
Not exact matches
The Fed for
example fought a difficult battle with inflation in the 1970s, hiking interest rates to recession - provoking levels and eventually winning a
war of credibility over its ability to rein in
price increases.
Mr. Campbell, for
example, notes a couple
of plausible explanations for higher stock
prices: the lack
of recent world
wars, for
example, and the spread
of stock ownership to a larger group
of investors, which distributes risk more broadly.
Altruistic behavior can have a high individual
price, after all — the chance
of death in
war or costly carbon taxes, for
example — and that tempts people to sneak a free ride.
The
price wars will be left to Amazon and B&N, and smaller eReader companies (Onyx might eventually be a good
example of this) will start building higher quality devices meant for specific markets, and for people who still want a purpose - built reading device.
Investors clearly understand that higher fees can have a negative impact on their net return, as is evident in the
price war in mutual fund fees, but a few basis - points difference in visible fees is far less meaningful in performance impact than the often - large hidden costs.14 For
example, switching from a low - turnover strategy to a sloppily constructed strategy that spends scores
of basis points in incremental trading costs can cost the investor dearly in performance.15 The same holds true for the buyers
of opaque high - fee products (hedge funds and illiquid private investments), for which substantial costs may be hidden from sight.
Using the
example of a client losing a bidding
war, a common occurrence in Toronto's current market environment, Davis had Syrianos confirm that the final selling
price could later be obtained from the consumer's agent.