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

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Meaning

The quote contrasts the money you hand over with the actual worth of what you receive. It suggests that a low price does not always mean good value, and a higher price can still be worthwhile if the result is worth it.

When It Was Said

2008

Who It Was Said To

Not documented yet.

Historical Context

Cited in the 2008 Chairman's Letter.

Source

2008 Chairman's Letter

Original Language & Translation

Originally said in English.

Did They Really Say It?

Listed with a cited source on Wikiquote: 2008 Chairman's Letter.

Did You Know?

Warren Buffett is an American investor and philanthropist born in 1930.

About Warren Buffett

Warren Buffett is quoted here; further biographical details are not publicly available.

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