So true… “As more than one of Carnegie’s managers would recall, the owner was always more interested in what it cost to produce goods than in revenues or profits. Carnegie would repeat the mantra time and again: profits and prices were cyclical, subject to any number of transient forces of the marketplace. Costs, however, could be strictly controlled, and in Carnegie’s view, any savings achieved in the cost of goods were permanent.” — Meet You in Hell: Andrew Carnegie, Henry Clay Frick, and the Bitter Partnership That Transformed America by Les Standiford