Price is what you pay Value is what you get – Warren Buffet
Price is what you pay Value is what you get: We all know and admire Warren Buffet for his business skill and wit. This quote from Warren Buffet talks about the concept of price and value. Most times we are trained to think that an expensive item is of good or high quality. However, this might not always be the case. This quote exposes the most common myth about the market. Although price can be an indicator of quality, it is not always the case. Clever marketers exploit this perception of buyers and price products accordingly. Hence, as a buyer, we must always be sharp and look for the value of a product or service.