Factors Quote by Walter Schloss
“Price is the most important factor to use in relation to value.”
About This Quote
Source Book: The Investor’s Guide, 1975
Value is determined by price relative to intrinsic worth; price is the primary indicator of value.
In simple terms: Price reflects value.
Use price as a key gauge of value.
Themes
Mood
Type
When to use this quote
- stock selection
- real estate appraisal
- business valuation
- financial analysis
Key Concepts
Questions to Reflect On
- How does price relate to true value?
- When should price be secondary?
Price alone may ignore qualitative factors.