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Long ago, Ben Graham taught me that "Price is what you…

“Long ago, Ben Graham taught me that "Price is what you pay; value is what you get." Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.” quote by Warren Buffett
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“Long ago, Ben Graham taught me that "Price is what you pay; value is what you get." Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.”

Warren Buffett

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

Price is the cost paid; value is the benefit received; seek quality at reduced cost.

In simple terms: Buy cheap, get value.

Key Takeaway

Focus on value, not price.

Themes

investment value price frugality

Mood

analytical pragmatic

Type

financial educational

When to use this quote

  • stock market
  • shopping discounts
  • real estate
  • business acquisitions

Key Concepts

Value investing cost-benefit analysis

Questions to Reflect On

  • What defines true value for you?
  • How do you assess quality before purchase?
A Different Perspective

Value can be subjective and hard to measure.

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