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Products, different outlets and people respond to it and that's how we what's successful and what's not successful? >> yeah, it's survival of the fittest, and in the end, everyone has a better life because of it. take for example, in 1850, the watch capital of the world was london. the majority of the pocket watches in the world were made in london. right around this same time, machine tools became a lot less expensive, precision machine tools. little watch companies start popping up in the united states. by 1890, the best watches in the world handsdown were american watches. as a matter of fa...

Competition creates different products, different outlets and people respond to it and that's how we what's successful and what's not successful? >> yeah, it's survival of the fittest, and in the end, everyone has a better life because of it. take for example, in 1850, the watch capital of the world was london. the majority of the pocket watches in the world were made in london. right around this same time, machine tools became a lot less expensive, precision machine tools. little watch companies start popping up in the united states. by 1890, the best watches in the world handsdown were ameri...

Products, different outlets and people respond to it and that's how we what's successful and what's not successful? >> yeah, it's survival of the fittest, and in the end, everyone has a better life because of it. take for example, in 1850, the watch capital of the world was london. the majority of the pocket watches in the world were made in london. right around this same time, machine tools became a lot less expensive, precision machine tools. little watch companies start popping up in the united states. by 1890, the best watches in the world handsdown were american watches. as a matter of fa...