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Ritterman had owned Soap Opera Digest for three years before selling it to Murdoch Magazines; Ritterman earned more than $50 million from his share of the $70 million purchase price. According to Ritterman, he'd purchased the magazine at 750,000 subscribers and sold it at 1.3 million.
The common law of business balance, often expressed as "you get what you pay for", is the principle that one cannot pay a little and get a lot. That is, paying a cheap price will not guarantee the buyer will receive a product of high quality value. In other words, a low price of a good may indicate that the producer compromised quality.
Robert Leslie Shapiro (born September 2, 1942) is an American attorney and entrepreneur. He is best known for being the short-term defense lawyer of Erik Menéndez in 1990, and a member of the "Dream Team" of O. J. Simpson's attorneys that successfully defended him from the charges that he murdered his ex-wife, Nicole Brown Simpson, and Ron Goldman, in 1994.
In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more than t boxes need to be bought ...
Measured year over year, producer prices rose by 2.2% in April, up from 1.8% in March and the biggest increase in a year. A measure of underlying inflation, which excludes the volatile food and ...
As of 2010, 90.2% (10,710,239) of Pennsylvania residents age five and older spoke English at home as a primary language while 4.1% (486,058) spoke Spanish, 0.9% (103,502) spoke German including Pennsylvania Dutch, and 0.5% (56,052) spoke Chinese, which includes Mandarin of the population over the age of five.