Quote by Warren Buffett

Price is what you pay. Value is what you get.

Price is what you pay. Value is what you get.

Summary

This quote emphasizes the distinction between price and value. "Price" refers to the amount of money paid for a product or service, while "value" signifies the worth, usefulness, or benefits it provides in return. It suggests that the cost of something does not necessarily reflect its true value. Sometimes, inexpensive items can hold significant value, while expensive things may not bring much benefit. It encourages individuals to consider the value they receive from a purchase rather than solely focusing on the price tag, determining the worth and impact it brings to their lives.

Topics

Value

By Warren Buffett

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