--- title: "Meaning & Key Takeaway of: Price is what you pay, but value, as…" description: "\"Price is what you pay, but value, as Warren Buffett has observed, is what you get.\" — Kelly Evans" image: "https://sms4smile.com/quotes/i/71d/kelly-evans-21223_get_price-is-what-you-pay-but-value-as-warre_2411914.jpg" --- # Price is what you pay, but value, as Warren Buffett has… ![“Price is what you pay, but value, as Warren Buffett has observed, is what you get.” quote by Kelly Evans](https://sms4smile.com/quotes/i/71d/kelly-evans-21223_get_price-is-what-you-pay-but-value-as-warre_2411914.jpg) [Download](https://sms4smile.com/quotes/i/71d/kelly-evans-21223_get_price-is-what-you-pay-but-value-as-warre_2411914.jpg) [Open image](https://sms4smile.com/quotes/i/71d/kelly-evans-21223_get_price-is-what-you-pay-but-value-as-warre_2411914.jpg) > “Price is what you pay, but value, as Warren Buffett has observed, is what you get.” [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) ## 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 monetary cost; value reflects the true benefit received. **In simple terms:** Price is cost; value is benefit. Key Takeaway Assess true value beyond price. Themes economics valuation finance Mood analytical pragmatic Type educational advice When to use this quote - business purchases - personal budgeting Key Concepts cost-benefit analysis investment decisions Questions to Reflect On - How do you determine value in a purchase? - When does a low price indicate low value? A Different Perspective Value can be subjective and vary per individual. ★ ★ ★ ★ ★ No ratings yet [Buffett Observed](https://sms4smile.com/quotes/about/buffett-observed-2441455/) [Get](https://sms4smile.com/quotes/about/get/) [Pay](https://sms4smile.com/quotes/about/pay/) [Pay Value](https://sms4smile.com/quotes/about/pay-value-1942688/) [Price](https://sms4smile.com/quotes/about/price/) [Value](https://sms4smile.com/quotes/about/value/) [Value Warren](https://sms4smile.com/quotes/about/value-warren-6074632/) [Warren buffett](https://sms4smile.com/quotes/about/warren-buffett/) ## Related quotes > [Price is what you pay. Value is what you get.](https://sms4smile.com/quotes/warren-buffett/price-is-what-you-pay-value-is-what-you-get/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [“Buffett observed that they do have filters. A key one is whether they have a good idea of how the business is going to…](https://sms4smile.com/quotes/daniel-pecaut/buffett-observed-that-they-do-have-filters-a-key-one-is-whether-they/) [Daniel Pecaut](https://sms4smile.com/quotes/author/daniel-pecaut/) > [As Buffett has often observed, value investing is not a concept that can be learned and gradually applied over time. It is either absorbed…](https://sms4smile.com/quotes/seth-klarman/as-buffett-has-often-observed-value-investing-is-not-a-concept-that/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get.](https://sms4smile.com/quotes/warren-buffett/for-some-reason-people-take-their-cues-from-price-action-rather-than-2/) [Warren Buffett](https://sms4smile.com/quotes/author/warren-buffett/) > [“Be a man of value and the universe will pay you for the value you add to it.”](https://sms4smile.com/quotes/anikor-daniel/be-a-man-of-value-and-the-universe-will-pay-you-for-the-value-you-add/) [ANIKOR Daniel](https://sms4smile.com/quotes/author/anikor-daniel/) > [CEOs are also chief capital allocators. This is a point Warren Buffett has repeatedly made: that the role management plays in allocating capital across…](https://sms4smile.com/quotes/kelly-evans/ceos-are-also-chief-capital-allocators-this-is-a-point-warren-buffett/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [If Warren Buffett could change his mind about investing in airlines, Mohnish Pabrai could change his mind about investing in autos. Pabrai, who has…](https://sms4smile.com/quotes/kelly-evans/if-warren-buffett-could-change-his-mind-about-investing-in-airlines/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [Some people always know the price, but not the value](https://sms4smile.com/quotes/oscar-wilde/some-people-always-know-the-price-but-not-the-value/) [Oscar Wilde](https://sms4smile.com/quotes/author/oscar-wilde/) > [At one point, I recognized that Warren Buffett, though he had every advantage in learning from Ben Graham, did not copy Ben Graham but,…](https://sms4smile.com/quotes/michael-burry/at-one-point-i-recognized-that-warren-buffett-though-he-had-every/) [Michael Burry](https://sms4smile.com/quotes/author/michael-burry/) > [“The last four and a half years have been carefree, halcyon times for investors. That doesn’t mean it’ll stay that way. I’ll give Warren…](https://sms4smile.com/quotes/howard-marks/the-last-four-and-a-half-years-have-been-carefree-halcyon-times-for/) [Howard Marks](https://sms4smile.com/quotes/author/howard-marks/) > [“A good managerial record is more a function of which boat you get into rather than how effectively you row"1 Warren Buffett”](https://sms4smile.com/quotes/michael-l-george/a-good-managerial-record-is-more-a-function-of-which-boat-you-get/) [Michael L. George](https://sms4smile.com/quotes/author/michael-l-george/) > [Warren Buffett once wrote that value investing is like an inoculation--it either takes or it doesn't--and when you explain to somebody what it is…](https://sms4smile.com/quotes/seth-klarman/warren-buffett-once-wrote-that-value-investing-is-like-an-inoculation/) [Seth Klarman](https://sms4smile.com/quotes/author/seth-klarman/) > [If you look at anyone who has achieved great success and wealth, people like Warren Buffett, Oprah Winfrey, or Lance Armstrong, they have all…](https://sms4smile.com/quotes/robert-kiyosaki/if-you-look-at-anyone-who-has-achieved-great-success-and-wealth/) [Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/) > [All capitalists should be like Warren Buffett, and he says he should be taxed more.](https://sms4smile.com/quotes/ed-asner/all-capitalists-should-be-like-warren-buffett-and-he-says-he-should/) [Ed Asner](https://sms4smile.com/quotes/author/ed-asner/) > [I admire people like Warren Buffett that are donating so much money to charity.](https://sms4smile.com/quotes/bethenny-frankel/i-admire-people-like-warren-buffett-that-are-donating-so-much-money/) [Bethenny Frankel](https://sms4smile.com/quotes/author/bethenny-frankel/) ## More by Kelly Evans > [There is surprisingly low penetration still of synthetic rubber gloves in the medical field. People are allergic to natural rubber, but the industry has…](https://sms4smile.com/quotes/kelly-evans/there-is-surprisingly-low-penetration-still-of-synthetic-rubber/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [Typically in a panic, corporate bonds sell off as investors fear weaker growth, tighter financial conditions, or need liquidity.](https://sms4smile.com/quotes/kelly-evans/typically-in-a-panic-corporate-bonds-sell-off-as-investors-fear/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [In his new autobiography, 'Capital Gaines,' Chip talks about the farm work - and he says he does, in fact, do it himself.](https://sms4smile.com/quotes/kelly-evans/in-his-new-autobiography-capital-gaines-chip-talks-about-the-farm/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [A 'reptilian revolution' has the potential to reshape manufacturing. The 'snakebots' being developed at Carnegie Mellon University aren't just useful for surgical or search-and-rescue…](https://sms4smile.com/quotes/kelly-evans/a-reptilian-revolution-has-the-potential-to-reshape-manufacturing-the/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [Betting that markets will be 'volatile' is like betting the weather will be partly cloudy. It's a smart-sounding strategy that doesn't mean much.](https://sms4smile.com/quotes/kelly-evans/betting-that-markets-will-be-volatile-is-like-betting-the-weather/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [If Warren Buffett could change his mind about investing in airlines, Mohnish Pabrai could change his mind about investing in autos. Pabrai, who has…](https://sms4smile.com/quotes/kelly-evans/if-warren-buffett-could-change-his-mind-about-investing-in-airlines/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [I had been one of the earliest social media adopters, driven by a mix of curiosity and enthusiasm for the way in which it…](https://sms4smile.com/quotes/kelly-evans/i-had-been-one-of-the-earliest-social-media-adopters-driven-by-a-mix/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [Britain's FTSE 100 stock index has not just recovered from its post-vote low close below 6,000. It has surged to close at nearly 6,600.…](https://sms4smile.com/quotes/kelly-evans/britain-s-ftse-100-stock-index-has-not-just-recovered-from-its-post/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [China has been on a historic commodities binge as it doubled the size of its economy in recent years to become one of the…](https://sms4smile.com/quotes/kelly-evans/china-has-been-on-a-historic-commodities-binge-as-it-doubled-the-size/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [The Bank of England's Carney is worried the shock of Britain's vote to leave the E.U. could cause households and businesses to temporarily halt…](https://sms4smile.com/quotes/kelly-evans/the-bank-of-england-s-carney-is-worried-the-shock-of-britain-s-vote/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [Twitter was actually the holdout in what has turned out to be my total purge of social media.](https://sms4smile.com/quotes/kelly-evans/twitter-was-actually-the-holdout-in-what-has-turned-out-to-be-my/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [Too often, the public can fall into the trap of investing when stock prices are rising, not dropping.](https://sms4smile.com/quotes/kelly-evans/too-often-the-public-can-fall-into-the-trap-of-investing-when-stock/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [I shut down social media because I needed to shut out online distractions and engage with the people, issues, and work right in front…](https://sms4smile.com/quotes/kelly-evans/i-shut-down-social-media-because-i-needed-to-shut-out-online/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [The 'snakebot', which is a type of mechanized, biologically inspired robot, itself has roots in Japanese laboratories of the 1970s. What the team at…](https://sms4smile.com/quotes/kelly-evans/the-snakebot-which-is-a-type-of-mechanized-biologically-inspired/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) > [Listen to market strategists, and a word that comes up a lot these days is 'volatility.'](https://sms4smile.com/quotes/kelly-evans/listen-to-market-strategists-and-a-word-that-comes-up-a-lot-these/) [Kelly Evans](https://sms4smile.com/quotes/author/kelly-evans/) [Explore all 29 Kelly Evans quotes ](https://sms4smile.com/quotes/author/kelly-evans/) ## More Get quotes > [We have to get control of our borders.](https://sms4smile.com/quotes/mike-coffman/we-have-to-get-control-of-our-borders/) [Mike Coffman](https://sms4smile.com/quotes/author/mike-coffman/) > [Unmarried couples should get married - that's an excellent tax avoidance measure, if a bit drastic.](https://sms4smile.com/quotes/john-whiting/unmarried-couples-should-get-married-that-s-an-excellent-tax/) [John Whiting](https://sms4smile.com/quotes/author/john-whiting/) > [If you ask an introvert a question, wait until she thinks about it. 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Burns](https://sms4smile.com/quotes/author/david-d-burns/) [Browse all 15,894 Get quotes ](https://sms4smile.com/quotes/about/get/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Price is what you pay, but value, as Warren Buffett has observed, is what you get.", "creator": { "@type": "Person", "name": "Kelly Evans" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/kelly-evans/price-is-what-you-pay-but-value-as-warren-buffett-has-observed-is/", "about": { "@type": "Thing", "name": "Get" }, "@id": "https://sms4smile.com/quotes/kelly-evans/price-is-what-you-pay-but-value-as-warren-buffett-has-observed-is/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/71d/kelly-evans-21223_get_price-is-what-you-pay-but-value-as-warre_2411914.jpg", "contentUrl": "https://sms4smile.com/quotes/i/71d/kelly-evans-21223_get_price-is-what-you-pay-but-value-as-warre_2411914.jpg", "url": "https://sms4smile.com/quotes/i/71d/kelly-evans-21223_get_price-is-what-you-pay-but-value-as-warre_2411914.jpg", "width": 1080, "height": 1080, "caption": "“Price is what you pay, but value, as Warren Buffett has observed, is what you get.” — Kelly Evans", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Kelly Evans", "item": "https://sms4smile.com/quotes/author/kelly-evans/" }, { "@type": "ListItem", "position": 4, "name": "Price is what you pay, but...", "item": "https://sms4smile.com/quotes/kelly-evans/price-is-what-you-pay-but-value-as-warren-buffett-has-observed-is/" } ], "@id": "https://sms4smile.com/quotes/kelly-evans/price-is-what-you-pay-but-value-as-warren-buffett-has-observed-is/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```