I don't get it either. Over on Reddit I'm getting lambasted for saying that a Berkshire company's $6000 deductible for an employee's family health insurance is a raw deal in a memoriam thread (even with $0 premium). These people don't realize how they're getting ripped off by their boss.
But I guess they probably think I'm disobeying some Munger's Law like "Don't feel like you deserve better from your boss for your work. Just do better work for your boss. Trust me, it will pay off."
Walmart and Kroger have had their own disputes with Visa (for one example) and (at least Kroger) started blocking some of their cards at select chains in order to negotiate a better deal. Costco has super tight margins. The the point that when their execs are talking about the price of goods they don't say, "[Item] is $70." No, they say, "[Item] is 69.99." Their culture is about every last penny of the margin. Their money comes from memberships.
It's basically THE WAY to get authorizations for medical practices to get prescriptions approved for patients in the US. Ridiculous. (Along with a bunch of other medical logins.)
That sounds about right. Similar time to when I was seeing TV shows talk about to to reach them on CompuServe, AOL, then just straight up WWW websites. I especially remember my dad saying, "Well, it's definitely happening now if we're getting .com domains on regular TV ads." (He was using ARPANET as a teenager before going on to Stanford for EE and Physics, so he'd been following it for a while, haha.)
And working in good faith to resolve the merchant's problem and rectify the issue can often prevent a lawsuit in the first place. You're overthinking it.
But I guess they probably think I'm disobeying some Munger's Law like "Don't feel like you deserve better from your boss for your work. Just do better work for your boss. Trust me, it will pay off."