Share the Warren Buffett Money quote image above on your site:
Short Link to this Quote:
Warren Buffett is making a distinction between price and value with this quote. The “price” refers to the actual amount of money paid for something, while the “value” refers to what is received or gained in return for that price. Buffett is suggesting that the true worth or value of something may not always correspond directly to its price.
Something could be overpriced, where the value received is actually less than the price paid. Or something could be underpriced, where the value is greater than the listed price. The quote encourages investors to look beyond price and consider the intrinsic value or benefits that will be derived, in order to determine the real value of an investment.